MiCA Defined Terms
Control
The relationship between a parent undertaking and a subsidiary — direct or indirect majority of voting rights or decisive influence.
Definition
Control under MiCA references the Directive 2013/34/EU definition: holding a majority of voting rights, the right to appoint/remove a majority of management body members, or the right to exercise dominant influence over the undertaking. Used in qualifying-holdings and close-links analysis.
Regulatory citation