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Status: You are viewing the version of the handbook as on 2005-06-30.

ENF 16.1 Application and purpose

Application

ENF 16.1.1G

This chapter provides guidance on the FSA's use of its enforcement powers in relation to:

  1. (1)

    AUTs;

  2. (2)

    ICVCs; and

  3. (3)

    recognised schemes.

Purpose

ENF 16.1.2G

The purpose of this chapter is to explain the FSA's powers in relation to the collective investment schemes listed at ENF 16.1.1 G (1) to ENF 16.1.1 G (3) and to provide guidance on how the FSA intends to exercise these powers. The effective use of these powers will help the FSA in pursuing its regulatory objectives of protecting consumers, maintaining market confidence and reducing financial crime.