“Unsuitable Party”, natural persons who:
a) have received, in the Republic of San Marino or abroad, a criminal sentence passed in final judgement to a period of imprisonment for a period of more than two years, for committing crimes against property, against public faith, against the public economy or drug trafficking, committed in the last fifteen years; or persons who have received a criminal sentence passed in final judgement for bribery and corruption, invoicing of non-existent operations, fiscal fraud, usury, bankruptcy involving fraud or money laundering, for crimes committed in the last fifteen years; or persons who have received a non-definitive sentence or who have been committed for trial as part of pending criminal proceedings, or for criminal conspiracy or financing of terrorism;
b) in the twenty-four months before filling the license application or the purchase of the corporate stakes or the election of the members of the board, have been a partner or had powers of representation as in article 52 of Law no. 47 dated 23 February 2006, in a company whose authorisation has been revoked by provision of the State Congress. Membership as partner or the powers of representation as in article 52 of Law no. 47 dated 23 February 2006 and subsequent amendments must be coexist with the occurrence of the actions which have led to the passing of the resolution of revocation of the license itself. This provision is not applicable if, in the administrative appeal against the licence denial act, due to the suffered revocation provision, the partner or the director show themselves to have behaved diligently conduct and not to have been responsible in any way for the decisions or the activities of the company which have resulted in license revocation;
c) in the twenty-four months before filling the licence application or the purchase of the corporate stakes or the election of the members of the board, have not been holders of a license revoked by provision of the State Congress;
d) has been subjected as sole director, upon the incorporation or the purchase of the corporate stake or the election of the members of the board, to a legal action brought by the creditors or to an equivalent proceedings in foreign law systems;
e) are not undergoing executive actions by the Tax Department of of the Republic of San Marino Central Bank, according to Title II of Law no. 70 dated 25 May 2004, aimed at recovering amounts owing to the Public Administration or Bodies of the Enlarged Public Sector which are not subject to disputes or the subject of agreements for payment by instalments;
f) live in “Countries under monitoring” as identified by the Financial Intelligence Agency,

“Unsuitable Party”, natural persons who:
a) have received, in the Republic of San Marino or abroad, a criminal sentence passed in final judgement to a period of imprisonment for a period of more than two years, for committing crimes against property, against public faith, against the public economy or drug trafficking, committed in the last fifteen years; or persons who have received a criminal sentence passed in final judgement for bribery and corruption, invoicing of non-existent operations, fiscal fraud, usury, bankruptcy involving fraud or money laundering, for crimes committed in the last fifteen years; or persons who have received a non-definitive sentence or who have been committed for trial as part of pending criminal proceedings, or for criminal conspiracy or financing of terrorism;
b) in the twenty-four months before filling the license application or the purchase of the corporate stakes or the election of the members of the board, have been a partner or had powers of representation as in article 52 of Law no. 47 dated 23 February 2006, in a company whose authorisation has been revoked by provision of the State Congress. Membership as partner or the powers of representation as in article 52 of Law no. 47 dated 23 February 2006 and subsequent amendments must be coexist with the occurrence of the actions which have led to the passing of the resolution of revocation of the license itself. This provision is not applicable if, in the administrative appeal against the licence denial act, due to the suffered revocation provision, the partner or the director show themselves to have behaved diligently conduct and not to have been responsible in any way for the decisions or the activities of the company which have resulted in license revocation;
c) in the twenty-four months before filling the licence application or the purchase of the corporate stakes or the election of the members of the board, have not been holders of a license revoked by provision of the State Congress;
d) has been subjected as sole director, upon the incorporation or the purchase of the corporate stake or the election of the members of the board, to a legal action brought by the creditors or to an equivalent proceedings in foreign law systems;
e) are not undergoing executive actions by the Tax Department of the Central Bank of the San Marino Republic, according to Title II of Law no. 70 dated 25 May 2004, aimed at recovery of debts owed to the Public Administration or to Public Sector Bodies which are not subject to legal disputes or the subject of agreements for payment by instalments;
f) live in “Countries under monitoring” as identified by the Financial Intelligence Agency,