Paragraph 13
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 a payment institution.
Notes on the whole SI
Textual amendments
- F1
Regulations revoked (14.12.2023 for the revocation of reg. 158) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(xix)