The new rules are issued under one common Module of the CBB Rulebook, replacing the “fit and proper” requirements which were previously included in the “Licensing Requirements”, “Authorisation” and ...

Manama, Bahrain – The Central Bank of Bahrain (CBB) recently organised a webinar introducing the latest requirements to appoint board members and senior management of licensed financial institutions.

The new rules are issued under one common module of the CBB Rulebook, replacing the “fit and proper” requirements which were previously included in the “Licensing Requirements ...

The FSCA cited several reasons for declining CASP license applications, primarily due to failures to meet the FAIS Act’s “fit and proper” requirements. These include: Operational Ability ...

The Securities and Exchange Board of India (Sebi) has deferred the implementation of its ‘fit and proper’ person criteria for intermediaries until 30 August. The criteria were challenged in ...

Based on the draft guidelines, the BSP recognizes the importance of good corporate governance in ensuring that banks are subject to proper oversight ... owners who are fit and proper shall be ...

David Rowe APRA is proposing to beef up board governance requirements, including through higher minimum fit and proper requirements, and more prescriptive measures around time limits for director ...

Ms Cole said the watchdog was already planning to “conduct a broad review of governance requirements”, including fit and proper person standards, when the CFMEU scandal erupted. She also noted ...