The Financial Services Commission ("FSC") has through a Communique on 11 December 2020 published its "Settlement Framework". The Settlement Framework sets out a means through which timely and proportionate enforcement outcomes can be achieved in appropriate cases. This Framework delivers on a key commitment of the FSC to adopt "Settlement" as part of its enforcement process.
Read the full communique HERE.
Read the Settlement Framework HERE.
Read the FAQs on the Settlement Framework HERE.
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