Fit and proper requirements govern payment service provider authorisation, with the regulator's evaluation prevailing over conflicting internal assessments.

Applicants and Payment Service Providers must ensure that their directors, key managerial personnel, and persons exercising control meet the fit and proper requirements. The Authority may assess any Relevant Person during authorisation processing or at any later time. Where the applicant's or provider's assessment differs from the Authority's assessment, the Authority's assessment prevails.

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