Section 192Z2(2)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
The PRA’s policy in determining what the amount of a penalty should be must include having regard to— the seriousness of the contravention; the extent to which the contravention was deliberate or reckless; and whether the person on whom the penalty is to be imposed is an individual.
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Source: legislation.gov.uk · retrieved 2026-09-04