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Version date: 29 December 2020 - onwards
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9GA. Assessment of suitability of shareholders or members

(1) The criteria referred to in section 9G(4) are as follows:

(a) the reputation of the shareholders or members of the credit institution;

(b) the reputation, knowledge, skills and experience, as specified in Regulation 79 of the European Union (Capital Requirements) Regulations 2014, of any member of the management body who will direct the business of the shareholders or members of the credit institution;

(c) the financial soundness of the credit institution, in particular in relation to the type of business pursued and envisaged in the credit institution;

(d) whether the credit institution will be able to comply and continue to comply with the prudential requirements of the European Union (Capital Requirements) Regulations 2014 and the Capital Requirements Regulation, and where applicable, other European Union law, in particular Directive 2002/87/EC of the European Parliament and of the Council of 16 December 2002 [O.J. No. L 35, 11.2.2003, p. 1.] and Directive 2009/110/EC of the Eur

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