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 the FMT48 or Court (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 Edition

    • RPP 5-9-2

      The Enforcement Committee will generally make a recommendation to the Chief Executive to appoint a Decision Maker to consider whether a censure should be imposed against a Person. Prior to making a decision, the Decision 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 Edition

    • RPP 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