[186 Assessment criteria]

[186  Assessment criteria]

[The matters specified in section 185(3)(a) are—

(a)     the reputation of the section 178 notice-giver;

(b)     the reputation[, knowledge, skills] and experience of any person who will direct the business of the UK authorised person as a result of the proposed acquisition;

(c)     the financial soundness of the section 178 notice-giver, in particular in relation to the type of business that the UK authorised person pursues or envisages pursuing;

(d)     whether the UK authorised person will be able to comply with its prudential requirements (including the threshold conditions in relation to all of the regulated activities for which it

Popular documents