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fiduziarisch besetzt/verantwortlich besetzt

English translation: fiduciary duty/management responsibility

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:fiduziarisch besetzt/verantwortlich besetzt
English translation:fiduciary duty/management responsibility
Entered by: Allison Wright (X)

18:14 Feb 27, 2011
German to English translations [PRO]
Bus/Financial - Management
German term or phrase: fiduziarisch besetzt/verantwortlich besetzt
I'm afraid I can't give much context as this is a confidential document, however the phrases refer to the Board of Directors and Executive Management of a number of companies following restructuring. The "fiduziarisch besetzt/verantwortlich besetzt" phrases appear in a legend to indicate which of them applies to the Board of Directors, and which to the Executive Management of the companies concerned. Clearly this refers to the nature of the responsibilties held by their members but does anyone have any idea how best to phrase this in English?

The full entry for the first legend item is "fiduziarisch besetzt, auf statutarische Pflichten beschränkt." The document originates in Switzerland.
Louise Gough
United Kingdom
Local time: 12:24
fiduciary duty/directors' duty
Explanation:
I have used the word "duty", simply because Wiki suggests it under the subtitle of "Duties" in the reference quoted below.

I was also exploring the idea of translating it as "fiduciary responsibility/directors' responsibility.
Depending on the actual composition of the various boards concerned, you may wish to stretch "directors' duty" as far as "management responsibility".
Still vacillating - but I put it here to stimulate discussion. :)
Selected response from:

Allison Wright (X)
Portugal
Local time: 12:24
Grading comment
Thank you - I think the "directors' duty" is actually "management responsibility" here. I was able to resolve the problem to the client's satisfaction, at any rate!
4 KudoZ points were awarded for this answer



Summary of answers provided
2fiduciary duty/directors' duty
Allison Wright (X)


  

Answers


26 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
fiduciary duty/directors' duty


Explanation:
I have used the word "duty", simply because Wiki suggests it under the subtitle of "Duties" in the reference quoted below.

I was also exploring the idea of translating it as "fiduciary responsibility/directors' responsibility.
Depending on the actual composition of the various boards concerned, you may wish to stretch "directors' duty" as far as "management responsibility".
Still vacillating - but I put it here to stimulate discussion. :)


    Reference: http://en.wikipedia.org/wiki/Board_of_directors
Allison Wright (X)
Portugal
Local time: 12:24
Native speaker of: English
Grading comment
Thank you - I think the "directors' duty" is actually "management responsibility" here. I was able to resolve the problem to the client's satisfaction, at any rate!
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