(1) The Bank may impose conditions, requirements or both, in respect of the level of capital to be maintained by an investment firm.
(2) The Bank may require that an appointment with an investment firm, as a director, as chief executive, as manager or as the holder of an equivalent position, requires the Bank's prior approval in writing which it may refuse, if not satisfied as to the probity and competence of the proposed appointee.
(3) The Bank may direct an investment firm to alter the firm's memorandum of association, articles of association or other constituting documents in the interest of the proper and orderly regulation and supervision of investment firms or the protection of investors.
(4) The Bank may require an investment firm or proposed investment firm to organise its business or corporate structure or its control of any associated undertaking or related undertaking not supervised by the Bank such that -
(a) the investment firm when authorised under these Regulations,