EN-B.2.4

Past version: Effective from 18 Jul 2025 to 30 Jun 2007
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Such an approach reduces the risk of inappropriate enforcement actions, by allowing regulatory measures to be tailored to individual circumstances. By taking into account an authorised person's compliance record and attitude, it also creates positive incentives and encourages an open and collaborative approach. By assessing individual cases against the same broad principles, the BMA also aims to achieve an overall consistency in its regulatory actions.