# The Platform Operators (Due Diligence and Reporting Requirements) Regulations 2023, Regulation 16: Penalties for failure to apply due diligence procedures

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

If a reporting platform operator fails to comply with regulation 3(1) or (2) (due diligence), the reporting platform operator is liable to a penalty not exceeding £100 for each seller in respect of which the reporting platform operator fails to apply the due diligence procedures referred to in regulation 3(2).

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Source: https://www.legislation.gov.uk/uksi/2023/817/regulation/16 (the official version)
Page: https://openlegislation.uk/platform-operators-due-diligence-and-reporting-requirements-regulations-2023/regulation-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.