# The Payment Services Regulations 2017, 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.

---
Source: https://www.legislation.gov.uk/uksi/2017/752/schedule/2/paragraph/13 (the official version)
Page: https://openlegislation.uk/payment-services-regulations-2017/schedule-2/paragraph-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.