Our Enforcement team investigates and, where appropriate, takes or proposes action against businesses and individuals which do not comply with our regulatory and legal requirements. We investigate actual and potential cases of serious regulatory misconduct.
We regularly engage and work constructively with our regulated community so that we achieve successful outcomes.
We seek to act firmly but fairly and to ensure regulated businesses and individuals take steps to resolve issues, particularly when breaches are self-reported.
Where breaches are particularly serious or efforts to address shortcomings fail, we will use our statutory powers and are prepared to impose a range of sanctions. These include:
Civil financial penalties on Principal Persons - methodology for determining the amount
View public statements that we have issued against regulated businesses and individuals
View completed AML / CFT enforcement cases / referrals to Joint Financial Crime Unit