DTR 1.5 Fees and sanctions

FEES 4 sets out the fees payable by an issuer to the FCA.1

1. (1)

   If the FCA considers that an issuer, a person discharging managerial responsibilities or a connected person has breached any of the disclosure requirements2 it may, subject to the provisions of the Act, impose on that person a financial penalty or publish a statement censuring that person.

2. (2)

   If the FCA considers that a former director was knowingly concerned in a breach by an issuer it may, subject to the provisions of the Act, impose on that person a financial penalty.