Regulatory Alerts2025-06-05
Personal Questionnaire for Controllers
The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) issues this questionnaire to assess the fitness and propriety of prospective shareholders, directors, key persons, and controllers. It requires detailed disclosures regarding personal identification, educational and professional qualifications, a ten-year employment history, and comprehensive reputation checks covering convictions, disciplinary actions, bankruptcy, litigation, and regulatory compliance. Upon completion and signing, respondents authorize NBFIRA to verify the provided information, consent to data processing under the Data Protection Act 2024, and accept a twenty-year retention period for their submitted records.
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