PART 2The Competent Authority
Publication of sanctions and measures6
1
The competent authority shall publish, in accordance with paragraphs (2) to (5) details of the sanctions it imposes under regulation 5.
2
The details published under paragraph (1) must include—
a
information concerning the type of contravention and its nature;
b
unless any of the circumstances mentioned in paragraph (3) applies, the identity of the person (“A”) sanctioned under regulation 5; and
c
where a sanction is subject to an appeal, information concerning the status and outcome of the appeal.
3
The circumstances in which A's identity must not be published are—
a
where A is an individual and the competent authority considers the publication of personal data would be disproportionate;
b
where publication would jeopardise the stability of financial markets;
c
where publication would jeopardise an ongoing criminal investigation; and
d
where publication would cause disproportionate damage to any institution or individual involved.
4
The competent authority shall ensure that—
a
information published under this regulation remains published for a proportionate period, and
b
is available on the competent authority's website for at least five years after the relevant date.
5
In this regulation and in regulations 7 and 8, “the relevant date” means—
a
where the competent authority imposes a sanction and that decision is appealed, the date on which the appeal is determined,
b
where the competent authority imposes a sanction and that decision is not appealed, the date by which the appeal should have been lodged.