The assessor shall, when determining the appropriate sanction under Regulation 61(8)(c), take into account all relevant circumstances, including, where appropriate -

(a) the gravity and the duration of the relevant prescribed contravention,

(b) the degree of responsibility of the assessee,

(c) the financial strength of the assessee, for example as indicated by the total turnover or the annual income of the person responsible,

(d) the importance of profits gained or losses avoided by the assessee, in so far as they can be determined,

(e) the losses sustained by third parties as a result of the prescribed contravention, in so far as they can be determined,

(f) the level of cooperation of the assessee with the Bank and the assessor, and

(g) previous breaches by the assessee.