GEN 5.2.10

Past version: effective from 21/10/2015 - 20/10/2015
To view other versions open the versions tab on the right

(1) In assessing whether an applicant is capable of being effectively supervised by the Regulator, the Regulator will consider:
(a) the nature, including the complexity, of the Regulated Activities that the applicant will carry on;
(b) the complexity of any products that the applicant will provide in carrying on those activities;
(c) the way in which the applicant's business is organised;
(d) if the applicant is a member of a Group, whether membership of the Group is likely to prevent the Regulator's effective supervision of the applicant; and
(e) whether the applicant is subject to consolidated supervision.