affiliate
Defined in Article 2, Regulation (EU) No 795/2014 of the ECB
Definitions over time (1)
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06/12/2017 – today applies on 12/11/2026 Article 2, Regulation (EU) No 795/2014 of the ECB Scope: Whole act
‘affiliate’ means a company that controls, or is controlled by, or is under control with, the participant. Control of a company is defined as (a) ownership, control or holding of 20 % or more of a class of voting securities of the company; or (b) consolidation of the company for financial reporting purposes;