A license application shall include the following information and documents, as the case may be: 1. Name and address and either the identity number or the commercial register number of the license applicant (depending on whether the license applicant is a natural individual or a corporate entity). 2. Regulatory business plan containing such details as are set out in Appendix 5 (license application form) of this Module. 3. Statement of the Securities Activity or Activities to which the license application relates. 4. Information about the issued and paid up capital of the company to which the license application relates. 5. A statement of the shareholders whose ownership reaches 5% or more of the company to which the license application relates. 6. A copy of the Company Contract to which the license application relates and any amendments to the same. 7. Nomination for applicants for Registered Positions and Employment Positions in accordance with the Fit and Proper Rules in Appendix 5 of this Module. 8. Sufficient information of any Effective Control over the company to which the license application relates. 9. Any agreements or undertakings with external entities. 10. The audited financial statements for the last three years prior to the date of application, in addition to forecasts of its expected financial position for three years after business commencement. 11. Approval of the Central Bank should the applicant be one of the Units Subject to the Supervision of the Central Bank. 12. A legal opinion from an external legal advisor of the company on any lawsuits of material influence on the legal position of the company, whether the said lawsuits were filed by the company or against it and its Subsidiary Companies as well as the amounts of those lawsuits, if possible. 13. Declarations signed by the founders of the company to the effect that no verdict of bankruptcy, penalty on a crime of breach of honor or trust, or being convicted of a crime/ felony involving a breach of honor or trust or a freedom restricting penalty in any of the crimes stipulated in the law of the Authority or any other law over the five year period preceding the license application unless he or they have been discharged. 14. A declaration by the license applicant stating that the information contained in the application and enclosed documents is accurate and complete in addition to any other declarations required by the Authority. 15. Proof of payment of fees for the processing of the application. 16. Any request by the applicant for the dis-application of legal or regulatory requirements and the justification for such a request. 17. Any other information or documents that may be specified by the Authority.