Please click here for past disciplinary proceedings before the Takeovers and Mergers Panel.
A party to be disciplined by the Executive may make a resolution proposal to the Executive who has the power to resolve disciplinary proceedings by agreement. Following receipt of the proposal and representations from the person to be disciplined, the Executive will consider the proposal carefully, and enter into discussions with the party on a “without prejudice” basis when it considers appropriate to do so. Whether the Executive will settle a matter will depend on the facts and circumstances of the individual case.
If a settlement is reached, the Executive and the party to be disciplined will enter into a settlement agreement, and the agreed sanction will be published by the Executive.