PB-B.2 PB-B.2 Non-compliance
PB-B.2.1
Breaching a Principle of Business makes the
specialised licensee orapproved person concerned liable to enforcement action. In the case of alicensee , this may call into question whether they continue to meet the licensing conditions (see Chapter AU-2). In the case of anapproved person , this may call into question whether they continue to meet the 'fit and proper' requirements for the function for which they have been approved (see Chapter AU-3).October 2010PB-B.2.2
Module EN (Enforcement) sets out the CBB's policy and procedures on enforcement action.
October 2010