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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 10 June 2019 - onwards
Version 2 of 2

Regulation 12 Financial penalties

(1) Where the FCA considers that a proxy advisor has contravened a relevant requirement, the FCA may impose a penalty of such amount as it considers appropriate on the proxy advisor.

(2) A penalty imposed under this regulation is payable to the FCA and may be recovered as a debt owed to the FCA.