Fit and proper eligibility requires integrity, financial soundness, and absence of convictions, regulatory restraints, insolvency, or default. Fit and proper status requires fairness, integrity, financial integrity, good reputation, character, and honesty. Disqualifications include relevant ... Summary
Fit and proper eligibility requires integrity, financial soundness, and absence of convictions, regulatory restraints, insolvency, or default.
Fit and proper status requires fairness, integrity, financial integrity, good reputation, character, and honesty. Disqualifications include relevant criminal convictions, pending recovery proceedings, winding-up for malfeasance, undischarged insolvency, financial unsoundness, wilful default, fugitive economic offender status, operative findings of unsound mind, and specified regulatory restraints or orders within the applicable three-year period.
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