A person who -
(a) gives the Bank a notification pursuant to a requirement under these Regulations or Regulation (EU) No 600/2014, or
(b) gives the assessor information pursuant to a requirement made by the assessor under Chapter 3,
that the person knows is false or misleading in a material particular, or that the person does not believe to be true shall be guilty of an offence and shall be liable, upon summary conviction, to a class A fine or imprisonment for a term not exceeding 12 months or both.