Administrative sanctions
Interpretation of Part 3
(1) In this Part, "regulator" means the FCA or the PRA.
(2) In paragraphs 10 and 11, "appropriate regulator" means - (a) in relation to a contravention of a requirement imposed by the PRA on a PRA-authorised person under Part 5 of these Regulations, the PRA; and (b) in relation to any other contravention of these Regulations or of Article 28 of the markets in financial instruments regulation, the FCA.
Public censure
10. If the appropriate regulator considers that -
(a) a person ("P") has contravened a requirement imposed by or under these Regulations or by Article 28 of the markets in financial instruments regulation,
(b) a member of the management body of P is responsible for the contravention by P of a requirement imposed by or under these Regulations or by Article 28 of that regulation, or
(c) another member of the senior management of P is responsible for the contravention by P of a requirement imposed by or u
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