FHDDS51520 - Penalties, sanctions and offences: penalties 바카라 사이트“ policy: Trading without approval - Penalty reductions for disclosure
The maximum penalty percentage can be reduced depending upon the quality of disclosure. A person makes a disclosure by:
바카라 사이트¢ telling us about it (telling), see Telling
바카라 사이트¢ giving us reasonable help (helping), Helping, and
바카라 사이트¢ allowing us access to records for the purpose of checking what trading activities they have undertaken without approval (giving access), see Giving.
The penalty percentage cannot be reduced below a minimum amount which is determined by:
바카라 사이트¢ the type of failure, for example, deliberate and concealed, and
바카라 사이트¢ whether the disclosure is unprompted or prompted, see FHDDS51525.
The maximum and minimum penalty percentages for each type of failure are set out in FHDDS51500.
See FHDDS51800 if a person asks for a special reduction of the penalty.