Venture Deals · glossary
The regulator’s check that the people who own or run a regulated firm are suitable. At both rounds, completion waited for the Central Bank of Ireland to assess Meridian’s controllers and its director on the board. Clause 21 · Chapter 10
Explained in Chapter 10, Warranties, Disclosure and Completion, of Venture Deals.
The main page for this term is Fitness and probity, in Crypto-Asset Regulation.
Clause 5.1 therefore made completion wait for notice to the regulator and two assessments of fitness and probity: whether people are fit to own or run a regulated business. One assessed Meridian's controllers. The other assessed Daniel Okoye, Meridian's choice for the board.Read Chapter 10, Warranties, Disclosure and Completion →
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