• Ability to analyse compliance of applicants with respect to requirements of licensing
• Knowledge of capital market firm operating models
• Familiarity with the impact of new licenses in the specific area of capital markets and the wider sector
• Knowledge of the implications of capital market firm operating models on the wider financial sector
• Knowledge of complex ownership structures and key risks inherent in each structure
• Knowledge of how to perform checks on owners, management, and other key personnel (e.g. Fit and Proper testing). Demonstrate capability to interpret financial models, financial statements, and risk measures
• Articulate the impact and risk of the proposed entity on the financial sector and wider economy
• Capability to validate complex financial projections