Establishing control over shareholders of a credit institution – definition and meaning of "Establishing control over shareholders of a credit institution"

Establishing control over shareholders of a credit institution — the establishment by a legal or physical person, as a result of carrying out one transaction or several transactions, direct or indirect (through third parties) control over shareholders (participants) of a credit institution who own more than 10 percent of the shares (stakes) of the credit institution¹.

Law of the RSFSR dated December 2, 1990 No. 395-1, "On Banks and Banking Activities in the RSFSR". 1990, as amended on April 1, 2022, Article 11, subpara. 8. ↩