Section 20: Matters related to fit and proper person requirements

20. Matters related to fit and proper person requirements (1) In considering whether a person is a fit and proper person, the Commission may have regard — (a) in relation to the person and, where the person is a corporation, the officers and beneficial owners of the corporation, to— (i) financial standing; (ii) relevant education, qualifications and experience; (iii) ability to perform the relevant functions properly, efficiently, honestly and fairly; and (iv) reputation, character, financial integrity and reliability; (b) to any matter relating to— (i) any person who is or is to be employed by, or associated with, the person; [Issue 5] F10 – 14 Revised Laws of Mauritius (ii) any agent or representative of the person; (iii) where the person is a corporation, the officers and any shareholder of the corporation, the related corporations of the corporation and the officers of those related corporations; (c) to any matter specified in a relevant Act as relating to the fit and proper person requirement. (2) For the purpose of this section, the Commission may have regard to any other information in its possession.