PART 2U.K.Disciplinary measures and procedures

Public censureU.K.

7.—(1) If the appropriate regulator considers that—

(a)a SRUP has contravened a relevant requirement;

(b)a member of the management body of a SRUP was knowingly concerned in the contravention by the SRUP of a relevant requirement; or

(c)another member of the senior management of a SRUP was knowingly concerned in the contravention by the SRUP of a relevant requirement;

the appropriate regulator may publish a statement to that effect.

(2) If the appropriate regulator considers that an individual on whom a temporary prohibition has been imposed under regulation 5 has breached the prohibition, the appropriate regulator may publish a statement to that effect.