According to UK newspaper the Guardian, the BHA is planning to approach the Racehorse Owners Association before Christmas to discuss the introduction of the new test. Under the new rules if information comes to light suggesting an existing owner does not meet the new standard, the BHA could also investigate and ban that owner.
"It's all about suitablity and 'fit and proper' is part of that. In order to be suitable, you need to be competent but you also need a certain standing of honesty, integrity and financial soundness," said Oliver Codrington, head of compliance and licensing at the BHA.
"The vast majority of owners want to know what there is to stop undesirables registering as owners. And trainers want to know what we're doing to protect them from owners who may not pay their bills. That is something that needs to be looked at."
Racing enthusiast Ramzan Kadyrov, the president of Chechnya, has been repeatedly accused of crimes against political opponents. He has had had three horses win in Britain this year including Mourilyan, who was third in the Melbourne Cup.
