# The Electronic Money Regulations 2011, Paragraph 8


In relation to each person holding, directly or indirectly, a qualifying holding in the applicant—
(a) the size and nature of their qualifying holding; and
(b) evidence of their suitability taking into account the need to ensure the sound and prudent management of an electronic money institution.

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Source: https://www.legislation.gov.uk/uksi/2011/99/schedule/1/paragraph/8 (the official version)
Page: https://openlegislation.uk/electronic-money-regulations-2011/schedule-1/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.