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via sia coincidenza di

English translation: where these are in fact

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:via sia coincidenza di
English translation:where these are in fact
Entered by: Dominic Currie
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09:05 Jan 30, 2009
Italian to English translations [PRO]
Bus/Financial - Finance (general)
Italian term or phrase: via sia coincidenza di
Context:

This term appears in a set of banking regulations under the definitions.

The term being defined is: “soggetti connessi a una parte correlate”

And the definitions are:

1 le società controllate da una parte correlata;


2 le società presso le quali le parti correlate svolgono funzioni di amministrazione, direzione o controllo ad esclusione di quelle partecipate dalla banca laddove *via sia coincidenza* di esponenti aziendali nell’interesse e su designazione della banca medesima;


Thanks,
Dominic
Dominic Currie
Italy
Local time: 21:58
where these are in fact
Explanation:
Companies in which the related parties perform functions of ..... (are appointed by a parent company) except for subsidiaries of the bank where these are in fact members of the bank acting in the interest of the bank and are designated by it

Put simply directors of subsidiaries of the bank are not "connected to related parties"
Selected response from:

James (Jim) Davis
Seychelles
Local time: 23:58
Grading comment
Thanks Jim that'll do nicely.
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +1where these are in fact
James (Jim) Davis


Discussion entries: 1





  

Answers


54 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
where these are in fact


Explanation:
Companies in which the related parties perform functions of ..... (are appointed by a parent company) except for subsidiaries of the bank where these are in fact members of the bank acting in the interest of the bank and are designated by it

Put simply directors of subsidiaries of the bank are not "connected to related parties"

James (Jim) Davis
Seychelles
Local time: 23:58
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4482
Grading comment
Thanks Jim that'll do nicely.

Peer comments on this answer (and responses from the answerer)
agree  Rod Nelson: Much better English!
5 hrs
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