Enforcement Powers & Administrative Actions
This guidance outlines the administrative and enforcement measures available to the Authority to address non-compliance, misrepresentation, or breaches of license conditions.
Purpose of This Guidance
This document explains the range of administrative and enforcement actions available to the Authority and the circumstances in which such measures may be applied.
Principles Governing Enforcement
Enforcement action is proportionate, risk-based, and aligned with the nature and severity of the issue identified. The objective is corrective and protective rather than punitive.
Administrative Actions
- Issuing written directions or corrective notices
- Imposing additional license conditions or limitations
- Requiring remediation plans or operational changes
- Updating or annotating public register entries
Supervisory Escalation
Where issues are not resolved through engagement, the Authority may escalate supervisory measures. Escalation may include enhanced monitoring or formal administrative steps.
Suspension, Restriction, or Revocation
In serious cases, the Authority may suspend, restrict, or revoke a license. Such actions are reflected on the public register and may affect the licensee’s ability to operate.
Impact on the Public Register
Enforcement and administrative actions may result in annotations or status changes on the public register. Counterparties are encouraged to rely on the register for current status.
Licensee Cooperation and Remediation
Licensees are expected to cooperate with enforcement processes and to implement corrective actions within agreed timeframes. Early engagement may mitigate the need for escalation.
Conclusion
Enforcement powers exist to protect the integrity of the licensing framework and market confidence. Licensees that engage constructively and address issues promptly reduce the likelihood of formal action.