CM-4.4.10
For the purpose of this Module, 'Connected counterparties' includes companies or persons connected with the bank, including, in particular; subsidiaries and associated companies (whether such association is due to control, or shareholding or otherwise); Directors, their family links and their associates (whether such association is due to control or family links or otherwise); members of the Shari'a Supervisory Board; senior management and other staff; and shareholders (and their appointed board representatives) holding 10% or more of the voting power of the bank (see CM-4.4.13 below). In this context, family links means spouse, father, mother, sons, daughters, sisters and brothers.
Amended: July 2011
Amended: January 2011
Amended: April 2008
October 2007
Amended: January 2011
Amended: April 2008
October 2007