close link definition
close link means a situation in which two or more natural or legal persons are linked by control or participation. A close link between two or more natural and legal persons also includes a situation in which the persons concerned are permanently linked to the same person by a control relationship;
close link means a situation in which two or more natural or legal persons are linked by-
close link means the situation in which two or more natural or legal persons are linked by dominant influence or participation. Where a company is linked to another company by way of a dominant influence, which constitutes a dominant influence over a third person, such third person shall also be regarded as closely linked with the person that is on the highest level. A situation in which two or more natural or legal persons are permanently linked to one and the same company by a control relationship shall also be regarded as a close link between such companies;
More Definitions of close link
close link means the close link referred to in Article 4(1)(38) of the CRR,
close link means a situation in which two or more natural or legal persons are linked by qualifying holding or control relationship, as referred to in the Law on banks.
close link means a situation in which persons are linked by control or participation. If one person controls two or more persons, it shall be considered that there is a close link between these persons.