Regulatory Alerts2022-02-27
Added · Updated
Enforcement Framework and Approach
The regulator outlines its enforcement framework to ensure regulated entities comply with legal obligations through firm action on non-compliance. The framework relies on three risk-based, proportionate, and transparent principles alongside four criteria assessing seriousness, responsiveness, public trust, and efficacy. Available enforcement responses range from warnings to civil proceedings, guided by specific investigation and misconduct reporting protocols.
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