[192N Imposition of penalties under section 192K: statement of policy]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[192N  Imposition of penalties under section 192K: statement of policy]

[(1)     Each regulator must prepare and issue a statement of policy with respect to—

(a)     the imposition of penalties under section 192K, and

(b)     the amount of penalties under that section.

(2)     A regulator's policy in determining what the amount of a penalty should be must include having regard to—

(a)     the seriousness

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