Our enforcement powers
We use a wide range of enforcement powers – criminal, civil and regulatory – to protect consumers and act against firms and individuals that don’t meet our standards. Read Enforcement Data and Cyber Security
This could include:
- withdrawing a firm’s authorization
- prohibiting individuals from carrying on regulated activities
- suspending firms and individuals from undertaking regulated activities
- issuing fines against firms and individuals who breach our rules or commit global market abuse
- issuing fines against firms that breach competition laws
- making a public announcement when we begin disciplinary action
- publishing details of warning, decision and final notices
- applying to the courts for injunctions, restitution orders, winding-up and other insolvency orders
- bringing criminal prosecutions to tackle financial crime, such as insider dealing, unauthorized business and false claims to be UCP’s authorized
- issuing warnings and alerts about unauthorized firms and individuals and requesting that web hosts deactivate associated websites
Statutory notices
We publish statutory notices to inform the public, to maximize the deterrent effect of enforcement action and to make sure our decisions are transparent.
We publish certain information about enforcement action once a statutory notice is issued.
- Warning notices are issued when we propose taking action. We may publish details about these online.
- Decision notices are issued when we decide to take action.
- Final notices are issued when we take action.
We also publish supervisory notices, requirement notices, cancellation notices and other publications.
Enforcement Priorities
- Rescue fund of Consumers
- obtaining restitution for harmed customers;
- ridding the business or individual engaged in fraud or other egregious misconduct—especially business with a history of violations;
- protecting seniors and vulnerable investors; and
- ensuring the integrity of the global consumer markets.
Status definitions
The matter resolved in an administrative proceeding or civil action and has ongoing compliance obligations.
The matter did not result in, or is no longer subject to, ongoing compliance obligations.
The matter is in ongoing litigation or under appeal.