Connected person and Credit creation: Difference between pages

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''UK Company law.''
1.  ''Banking.''
A person or corporate entity connected to a director, such as a member of the director's family or a company controlled by the directorThis is defined for the purposes of the UK Companies Act and of FRS 8 in relation to disclosure.
 
The process by which banks create money by lending out deposited funds.
 
 
2''Shadow banking.''
 
Similar processes undertaken by shadow banks.
 


== See also ==
== See also ==
* [[Disclosure]]
* [[Bank]]
* [[FRS  8]]
* [[Credit]]
* [[Deposit]]
* [[Money]]
* [[Shadow banking]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 16:38, 19 October 2021

1. Banking.

The process by which banks create money by lending out deposited funds.


2. Shadow banking.

Similar processes undertaken by shadow banks.


See also