BANK 4.8.3 Related parties

Related parties, of a banking business firm, includes:

(a) any other member of the firm’s corporate group;
(b) any individual who is able to exercise significant influence over the firm;
(c) any affiliate of the firm; and
(d) any entity that the Regulatory Authority directs the firm to include.
Derived from QFCRA RM/2014-2 (as from 1st January 2015).