RPP 6-3-3

Some particular considerations that may be relevant when the DFSA determines whether to issue a financial penalty rather than impose a public censure are:

(a) if the Person has made a profit or avoided a loss as a result of the contravention, on the basis that a Person should not be permitted to benefit from its contravention;
(b) if the contravention is more serious in nature or degree, on the basis that the sanction should reflect the seriousness of the contravention; other things being equal, the more serious the contravention, the more likely the DFSA is to impose a financial penalty; and
(c) if the Person has a poor disciplinary record or compliance history, on the basis that it may be particularly important to deter future cases.
Derived from Notice of Updates (Made 20th December 2012). December 2012 Edition
Amended (Made 21st August 2014). August 2014 Edition