‹ GR-5.3.1 GR-5.3.2 › GR-5.3.1A For those licensees authorised after 1st January 2011, at least one controller must be a regulated financial institution owning or controlling 20% or more of the voting capital. Added: April 2011 ‹ GR-5.3.1 GR-5.3.2 ›