A business, professional or commercial relationship between an obliged entity and a customer which is connected with the professional activities of an obliged entity and which is expected, at the time when the contact is established, to have an element of duration, including a relationship where an obliged entity is asked to establish a company or set up a trust or a similar legal arrangement for its customer, whether or not the establishment of the company or setting up of the trust or similar legal arrangement is the only transaction carried out for that customer
Defined in / by
Last updated: 22 August 2026.