Regulation 12 Penalties for failure to provide information to reportable sellersI1
United Kingdom
If a reporting platform operator fails to comply with regulation 4(4) (reporting of information to reportable sellers), the reporting platform operator is liable—
(a)
to a penalty not exceeding £5,000 for each reportable period in respect of which one or more failures have occurred, and
(b)
if any of the failures continue after notice of an assessment to a penalty under paragraph (a) is issued, to a penalty not exceeding £600 for each subsequent day on which any of the failures continue.