FHDDS51500 - Penalties, sanctions and offences: penalties 鈥� policy: Trading without approval - Standard maximum penalty
The standard maximum penalty is
| Type of failure | Maximum penalty payable |
|---|---|
| Deliberate and concealed | 100% of 拢10,000 |
| Deliberate not concealed | 70% of 拢10,000 |
| Non-deliberate (any other case ) | 30% of 拢10,000 |