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  4. Point in time
    2024-11-06

settlement discount scheme

36(in DEPP and EG58) the scheme described in DEPP 6.7 58 by which the financial penalty that might otherwise be payable, or the length of the period of suspension or restriction that might otherwise be imposed,99 in respect of a person's misconduct or contravention may be reduced to reflect the timing of any settlement agreement162.