You are viewing DEPP 6.1 Introduction as of . DEPP 6.1 Introduction was last updated on 19/01/2026.
DEPP 6.1 Introduction
01/04/2013G
DEPP 6 includes the FCA's statement of policy with respect to the imposition and amount of penalties under the Act, as required by sections 63C(1), 69(1), 88C, 89S, 93(1), 124(1), 131J(1), 192N, 210(1), 312J and 345D of the Act.
19/01/2026G
DEPP 6 includes the FCA’s statement of policy with respect to the imposition and amount of penalties under:
The principal purpose of imposing a financial penalty or issuing a public censure is to promote high standards of regulatory and/or market conduct by deterring persons who have committed breaches from committing further breaches, helping to deter other persons from committing similar breaches, and demonstrating generally the benefits of compliant behaviour. Financial penalties and public censures are therefore tools that the FCA may employ to help it to achieve its statutory objectives.