PART 6Monitoring of compliance and enforcement
CHAPTER 7Procedure
Statements of policy43
1
Sections 210 (statements of policy) and 211 (statements of policy: procedure) of the 2000 Act M1 apply to the FCA with respect to—
a
the imposition of penalties or restrictions under regulations 29 (financial penalties) and 30 (limitations on permission to carry on regulated activities);
b
the amount of penalties imposed under regulation 29(1); and
c
the period for which restrictions imposed under regulation 30 are to have effect,
as they apply with respect to action the FCA may take under sections 206 (financial penalties) and 206A (suspending permission to carry on regulated activities) of the 2000 Act M2. But see paragraph (2).
2
Section 210 of the 2000 Act applies as if subsection (1A) were omitted.