Entire Section
RPP 5-9 RPP 5-9 Administrative Censure
RPP 5-9-1
The DFSA may seek to impose a censure upon a
Person whom it considers has contravened a provision of the Law and Rules it administers. The DFSA may seek to impose such a censure through:(a) exercising its power pursuant to Article 91; or(b) commencing proceedings before theFMT 48 orCourt (see section 5-10 of this chapter).
48 Articles 33 and 34 of the Regulatory Law 2004
Derived from Notice of Updates (Made 20th December 2012). December 2012 EditionRPP 5-9-2
The
Enforcement Committee will generally make a recommendation to theChief Executive to appoint aDecision Maker to consider whether a censure should be imposed against a Person. Prior to making a decision, theDecision Maker will follow the process prescribed in Article 91 and Chapter 6 of the RPP Sourcebook.Derived from Notice of Updates (Made 20th December 2012). December 2012 EditionRPP 5-9-3
In determining whether to impose a censure, the DFSA may take into consideration the circumstances of the conduct and will be guided by the
Penalty guidance set out in section 5-16 of this chapter.Derived from Notice of Updates (Made 20th December 2012). December 2012 Edition