### Question
How is the "persons affiliated with any such foreign bank" defined?


### Answer
The term **persons affiliated with any such foreign bank** is defined in *12 U.S.C. § 3106* as follows -

> (A) any person who is or was an employee, officer, agent, or director of such foreign bank or who otherwise has or had such a relationship with such foreign bank that would lead such person to represent the interests of such foreign bank, and (B) in the case of any director of such domestically controlled affiliate covered in 1978, any person in favor of whose election as a director votes were cast by less than two-thirds of all shares voting in connection with such election other than shares owned or controlled, directly or indirectly, by any such foreign bank.

#### Citation:
  - *12 U.S.C. § 3106*
  - Heading: **CHAPTER 32-FOREIGN BANK PARTICIPATION IN DOMESTIC MARKETS**

