Content Options

View Options

Status: You are viewing the version of the handbook as on 2011-04-29.

CRED 15.1 Application and purpose

CRED 15.1.1G

This chapter applies to credit unions and is intended to draw their attention to2:

  1. (1)

    the investigation and enforcement powers available to the FSA under Industrial and Provident Societies legislation;

  2. (2)

    the Decision Procedure and Penalties manual (DEPP)2; and

  3. (3)

    the Enforcement Guide (EG)2.

CRED 15.1.2G

The FSA's effective and proportionate use of its investigation and enforcement powers plays an important role in the pursuit of its regulatory objectives.