← Compliance glossary

Related-party transaction

Governance & people

A transaction between the club and a person connected to a director or senior staff member — typically a vendor relationship, an employee with a family link, or a property transaction involving a director's interest. RCA requires disclosure and board approval; the club's constitution typically sets thresholds and procedures. A standing audit item for the auditors and a routine ILGA notifiable-event category.

This term sits in the governance & people section of the working glossary — vocabulary covering board duties, senior-manager accountability, training-register discipline, and decision-of-authority records.

Read more

Operational pillar pages

Related terms

Other terms in Governance & people