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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 28 November 2017 - onwards
Version 3 of 3

Regulation 13 Contravention of a temporary prohibition order by a recognised body

Section 312E (public censure), 312F (financial penalties), 312G (proposal to take disciplinary measures), 312H (decision notice) and 312I [Section 312E, 312F, 312G, 312H and 312I were inserted by the Financial Services Act 2012, section 33.] (publication) of the Act apply in relation to the contravention by a recognised body of a requirement under regulation 11(4) as they apply in relation to the contravention by a recognised body of a relevant requirement, but with -

(a) references to the appropriate regulator being read to refer to -

(i) the Bank, where the recognised body is a recognised central counterparty or a recognised CSD;

(ii) the FCA, where the recognised body is any other financial or non-financial counterparty;

(b) in sub-paragraph (b) of section 312I, the reference to section 393(4) being read to refer to regulation 19.