[309W Statement of policy on penalties]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[309W  Statement of policy on penalties]

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

(a)     the imposition of penalties under section 309U, and

(b)     the amount of penalties under that section.

(2)     The appropriate regulator's policy in determining whether a penalty should be imposed, and what the amount of a penalty should be, must include having regard to—

(a)     the conduct of the

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