# The Financial Services and Markets Act 2000 (Designated Activities) (Supervision and Enforcement) Regulations 2024, Paragraph 14


In section 206 (financial penalties), after subsection (1) insert—
“(1A) If the FCA considers that a person other than an authorised person has contravened a relevant Part 5A requirement imposed on the person, it may impose on the person a penalty, in respect of the contravention, of such amount as it considers appropriate.”.

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Source: https://www.legislation.gov.uk/ukdsi/2024/9780348265460/schedule/paragraph/14 (the official version)
Page: https://openlegislation.uk/draft-financial-services-and-markets-act-2000-designated-activities-supervision-and-enforcement-regulations-2024/schedule/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.