FSA Annual Report 2006/07 - Better Regulation Ltd
FSA Annual Report 2006/07 - Better Regulation Ltd
FSA Annual Report 2006/07 - Better Regulation Ltd
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Section six – Appendices<br />
Appendix 5<br />
131<br />
Use of powers<br />
3<br />
9<br />
5<br />
7<br />
2 1<br />
4 1<br />
10<br />
3<br />
26<br />
44<br />
18<br />
45<br />
28<br />
65<br />
3<br />
1<br />
2004/05<br />
2005/06<br />
<strong>2006</strong>/<strong>07</strong><br />
Variation/Cancellation<br />
Refusal of Authorisation/<br />
Approval/Permissions<br />
Criminal<br />
outcome<br />
Financial<br />
penalty<br />
Civil outcome<br />
(Injunction/<br />
Restitution)<br />
Prohibition<br />
Public censure<br />
only<br />
Prohibition<br />
revoked<br />
Note: For <strong>2006</strong>-<strong>07</strong><br />
219 cases closed during the year<br />
Of these:<br />
110 cases concluded with the use of powers.<br />
(Cases may have utilised more than one power.)<br />
109 cases concluded without the use of powers.<br />
(Of these: 10 cases resulted in a Private Warning only.)<br />
RMAR cases are excluded; 98 firms had their permissions cancelled as part of<br />
the RMAR project in <strong>2006</strong>/<strong>07</strong>.<br />
Note:<br />
The above chart is based on the closing date of cases, whereas the previous financial<br />
penalty charts are based on the date the final notice was issued. Cases that conclude<br />
with multiple financial penalties (e.g. to firm and individual/s) would only be<br />
represented on this chart once.
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