# The Platform Operators (Due Diligence and Reporting Requirements) Regulations 2023, Regulation 12: Penalties for failure to provide information to reportable sellers

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

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.

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Source: https://www.legislation.gov.uk/uksi/2023/817/regulation/12 (the official version)
Page: https://openlegislation.uk/platform-operators-due-diligence-and-reporting-requirements-regulations-2023/regulation-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.