(1) This section applies if the FCA is satisfied that a non-authorised parent undertaking of an FCA investment firm has contravened -
(a) a provision of Part 9C rules,
(b) a requirement imposed under section 143K,
(c) section 143R, or
(2) The FCA may impose a penalty of such amount as it considers appropriate on any of the following -
(a) the non-authorised parent undertaking;
(b) a person who was knowingly concerned in the contravention.
(3) The FCA may (instead of or in addition to imposing a penalty under subsection (2)) publish a statement to the effect that the person has contravened, or been knowingly concerned in a contravention of, a provision of Part 9C rules.
(4) Subsection (5) applies to -
(a) a member of the management body of the non-authorised parent undertaking, or
(b) a person not falling within paragraph (a) who is an employee of the non-authorised parent undertaking,
who was, at any time, knowingly concerned in the contravention.
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