The fit and proper requirements relating to financial soundness contained in this Chapter—
| (a) | subject to paragraph (b), apply to— |
| (ii) | juristic representatives; |
| (i) | a key individual or a representative that is a natural person; and |
| (ii) | an FSP who is a registered Bank as defined in section 1 of the Banks Act, or a registered insurer as defined in sections 1 of the Short-term Insurance Act or Long-term Insurance Act, provided that the FSP complies with the financial soundness requirements prescribed by those Acts. |
