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Civil penalties - consultation feedback and second consultation 20 January 2006

    The Financial Supervision Commission has issued a document today (16 pages total) which provides feedback on its first consultation on proposals for the introduction of civil (financial) penalties. The document also incorporates revised proposals and is a consultation on these revised proposals.

    We would be pleased to receive the views of all interested parties on the contents of this document, which may be found at Library/ Consultative Documents, entitled "Proposals for civil penalties - consultation feedback and second consultation". The proposals affect all the Commission's licenceholders. The consultation period runs until 17th March 2006.

    In case of any queries, please contact:

    Susan Woolard - Adviser
    Policy and Legal Unit

    20th January 2006

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