CRA-14.1.6
In keeping with the proportionality principle, and to the extent consistent with the CBB's enforcement approach in Paragraph CRA-14.1.3, the CBB will usually opt for the least severe of appropriate enforcement measures. In most cases, the CBB expects to use a Formal Warning before resorting to more severe measures; the need for further measures will then usually be dependent on the response of the authorised person concerned.
Added: April 2019