# Financial Services and Markets Act 2023, Paragraph 9: Enforcement

Extent: E+W+S+N.I.

(1) How requirements imposed by or under the FMI sandbox arrangements are to be enforced.
(2) Provision under sub-paragraph (1) may be made by—
(a) conferring powers on the appropriate regulator;
(b) applying provisions of FSMA 2000 in relation to enforcement;
(c) imposing other means of enforcement set out in the arrangements.
(3) The powers mentioned in sub-paragraph (2)(a) include powers to—
(a) suspend or terminate a person’s participation in the FMI sandbox arrangements;
(b) impose civil penalties.

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Source: https://www.legislation.gov.uk/ukpga/2023/29/schedule/4/paragraph/9 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2023/schedule-4/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.