[309Z2 Power to take disciplinary action for misconduct]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[Disciplinary action by appropriate regulator]

[309Z2  Power to take disciplinary action for misconduct]

[(1)     Subsection (2) applies if—

(a)     it appears to the appropriate regulator that a person is guilty of misconduct (see section 309Z3), and

(b)     the appropriate regulator is satisfied that it is appropriate in all the circumstances to take action against the person.

(2)     The appropriate regulator may do one or more of the following—

(a)     publish a statement of the person's misconduct;

(b)     impose a penalty on the person of such amount as the appropriate regulator considers appropriate;

(c)     suspend an approval of the performance of a function by the person under section

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