Where a member commits a breach of the Professional Conduct Regulations (PCR) or the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR) ICB shall invoke a Fine, Penalty or Sanction or any combination of these. These actions shall be in relation to a set group of breaches and such fines, penalties and sanctions are laid out in the ICB Disciplinary Sanctions policy.
The current version of the ICB Disciplinary Sanctions policy is effective from June 2021 and can be viewed here:
> ICB Disciplinary Sanctions effective from June 2021
Previous versions:
> ICB Disciplinary Sanctions effective until May 2021
