PART 6Monitoring of compliance and enforcement
CHAPTER 4Disciplinary measures
Financial penalties29
1
The FCA may impose a penalty of such amount as it considers appropriate on—
a
a designated firm which it considers has contravened a relevant requirement; or
b
a person who it considers has contravened regulation 34 (misleading the FCA).
2
A penalty imposed under this regulation is payable to the FCA and may be recovered as a debt owed to the FCA.