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

ENF 9.1 Application and purpose

Application

ENF 9.1.1G

This chapter applies to all firms and persons.

Purpose

ENF 9.1.2G

This chapter sets out the FSA's powers to seek redress for consumers in circumstances where persons, whether authorised or not, have breached a relevant requirement of the Act and gives guidance on how it intends to exercise its powers. The FSA's power to apply to the court for an order for restitution, and its administrative power to require restitution, will help it to pursue its regulatory objectives of protecting consumers and maintaining confidence in the financial system.