Siblings - related parties?

Siblings - related parties?

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Consultancy services are provided by Person A to Company Z, of which Person B is a director. Persons A and B are brothers. Does this consitute a "related parties" transaction such that it requires disclosure in the Accounts?
The FRSSE definition of related parties specifically refers to "investors with significant influence and their close families", but although it specifies "directors of the reporting entity" it does not apparently include their close family.

Julie Robinson

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