Certified Regulatory Compliance Manager (CRCM) — Question 57

____________ is any company of which the bank is a subsidiary or any other subsidiary of the same company of which the bank is a subsidiary.

Answer options

• A. Brokerage House
• B. Treasury
• C. FDIC
• D. Affiliates

Correct answer: D

Explanation

The correct answer is 'Affiliates' because it refers to companies that are related through shared ownership. The other options, such as 'Brokerage House', 'Treasury', and 'FDIC', do not represent companies linked through parent-subsidiary relationships.