The explanation of this principle makes clear that if the supervisory agency doubts the integrity and standing of a bank’s owner or manager, it should have the authority to prevent a specific ownership structure or the appointment of a certain bank manager.
In this way, past imprudent behaviour of bank owners and managers is penalised by excluding them from responsible functions in the banking sector. BIS Review 79/1997  -5-  14. Secondly, core principle 6 prescribes that capital requirements for banks should be no less than those established in the so-called Basle Capital Accord.