{"Term":"Controlling person","Definition":"\u003cp\u003eA controlling person of a Passive Non-reporting Financial Entity (NFE) is an individual who ultimately owns or controls the entity. A person may also be considered a controlling person because of their role in, or relationship with, the entity or arrangement.\n\u003c/p\u003e\n\u003cp\u003eFor more information about the types of controlling persons and control thresholds, see page 115 of the  Consolidated text of the Common Reporting Standard (2025) on the OECD website.\u003c/p\u003e\n\u003cp\u003e\u003ca href=\"https://www.oecd.org/content/dam/oecd/en/publications/reports/2025/04/consolidated-text-of-the-common-reporting-standard-2025_e478bc04/055664b1-en.pdf\" class=\"quick-links-external\"\u003eConsolidated text of the Common Reporting Standard (2025) (oecd.org)\u003c/a\u003e\u003c/p\u003e","TeReoTerm":"","TeReoDefinition":""}