Art. 10

(Art. 14 para. 1 let. a, a^bisand b CISA)

1. The persons responsible for the administration and the management shall be suitably qualified for the envisaged activity on the basis of their education and training, experience and career history.
2. The envisaged activity at the authorised party as well as the nature of the intended investments must also be taken into account when assessing the requirements.