https://www.taxtmi.com/acts?id=55689 Payment Service Providers must maintain systems and controls to ensure that Relevant Persons meet fit and proper requirements and must assess them at appointment and at reasonable intervals thereafter. Eligibility depends on competence, integrity, honesty, reputation, and sound financial standing, without specified disqualifications such as relevant convictions, pending regulatory recovery proceedings, insolvency, wilful default, regulatory restraint orders, or fugitive economic-offender status. The prescribed evaluation requires disclosures concerning regulatory history, defaults, investigations, associated entities, and other financial or legal matters. en-us Tue, 22 Sep 2026 12:13:54 +0530 Tue, 22 Sep 2026 12:13:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=55689 Payment Service Providers must maintain systems and controls to ensure that Relevant Persons meet fit and proper requirements and must assess them at appointment and at reasonable intervals thereafter. Eligibility depends on competence, integrity, honesty, reputation, and sound financial standing, without specified disqualifications such as relevant convictions, pending regulatory recovery proceedings, insolvency, wilful default, regulatory restraint orders, or fugitive economic-offender status. The prescribed evaluation requires disclosures concerning regulatory history, defaults, investigations, associated entities, and other financial or legal matters. Act-Rules Indian Laws Tue, 22 Sep 2026 12:13:54 +0530 https://www.taxtmi.com/acts?id=55689