Glossary

Updated 1 April 2019

This glossary offers definitions of technical terms commonly used in the BIS Quarterly Review.

The glossary is also available as a PDF file in ChineseFrench, German, Italian and Spanish.

controlling parent

Entity that owns or otherwise controls other entities within a corporate group and is not controlled by another entity. For most entities, the controlling parent is synonymous with the ultimate parent at the top of the corporate group. In the LBS and CBS, if the ultimate parent is not subject to prudential supervision - for example, where the ultimate parent is a shell company or a non-financial company - then the controlling parent may be defined as the highest intermediate parent that is subject to prudential supervision. See also "parent bank" and "home country".

Updated: 11 Dec 2016
controlling parent

Entity that owns or otherwise controls other entities within a corporate group and is not controlled by another entity. For most entities, the controlling parent is synonymous with the ultimate parent at the top of the corporate group. In the LBS and CBS, if the ultimate parent is not subject to prudential supervision - for example, where the ultimate parent is a shell company or a non-financial company - then the controlling parent may be defined as the highest intermediate parent that is subject to prudential supervision. See also "parent bank" and "home country".

Updated: 11 Dec 2016