No. 12
BAJ\'KING A:-.ffiNDiv!I~'T
(c)
its holding company, as defined in section 143 of the
Companies Act [Chapter 24:03]; or
(d)
where the oody corporate is itself a subsidiary of a
holding company, as defined in section 143 of the
Companies Act [Chapter 24:03], any other such
subsidiary of the same holding company; or
(e)
any person who has power, directly or indirectly, to
control the body corporate's management or policies;";
(ii) by the repeal of the definition of "bank";
(iii) by the insertion of the following definitions""close relative", in relation to any person, means(a)
a spouse;
(b)
a child, step-child, parent or step-parent;
(c)
the spouse of any of the persons mentioned in paragraph
(b);
"compliance officer" means the compliance officer of a banking
institution or controlling company referred to in section
20(2);
"controlling company" means a company which controls a banking
institution as provided in section lSF;
"credit information", in relation to a person, means any information
that may reasonably be taken into account in determining
the person's credit-worthiness, and includcs(a)
where the person is an individual, information aoout(i) his or her identity, including his or her full
name, nationality, domicile, date of birth, place
of residence, previous places of residence and
marital status; and
(ii)
(iii)
(b)
where the person is an association, whether corporate
or unincorporated, infommtion about(i) the person's establishment or incorporation,
including the head office or principal place of
business of the person; and
(ii) the members of the person's board of directors
or management committee; and
(iii)
(c)
the name and other identity particulars of his or
her spouse; and
his or her place of employment and previous
places of employment;
the person's employees and agents;
in all cases, information about(i) the person's paying habits, outstanding debt obligations, assets and credit history; and
(ii)
(iii)
the person's business or occupation, and the
persons with whom the person does business;
and
the person's finances and financial statements;
and
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2015