England and Wales commercial and regulatory procedures
When must an SMCR firm report disciplinary action for a conduct breach?
Applicable individual reporting branch or annual reporting cycle. Make the required conduct notification. SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately.
- Period
- Applicable individual reporting branch or annual reporting cycle
- Trigger
- Actual disciplinary action based on facts amounting to a COCON breach
- Rule
- FCA Handbook sup15, SUP 15.11.5G, 15.11.6R to 15.11.6GG and 15.11.12AR to 15.11.15R
FCA Handbook sup15, SUP 15.11.5G, 15.11.6R to 15.11.6GG and 15.11.12AR to 15.11.15R. The retained source governs make the required conduct notification. SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately.
Source guide · No automated date
Check the applicable procedure
SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately. Do not count seven business days from mere awareness for every employee. Identify staff category, actual disciplinary action and the operative reporting rule. The actual actual disciplinary action based on facts amounting to a COCON breach and required completion must be established before using a final date.
FCA Handbook sup15, SUP 15.11.5G, 15.11.6R to 15.11.6GG and 15.11.12AR to 15.11.15RWhat lawyers say
5.0“The platform is really easy to use.”
Michael B.Employment litigation attorney · California
“The Evidence Record saved us time with our insurance on bankruptcy matters.”
MariaBankruptcy and commercial attorney · London, UK
“The most up-to-date service we could find.”
Li ChenArbitration practitioner · Singapore
When must an SMCR firm report disciplinary action for a conduct breach?
Applicable individual reporting branch or annual reporting cycle. Make the required conduct notification. SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately.
Responsible actor. SMCR firm taking qualifying disciplinary action against conduct rules staff.
Actual disciplinary action based on facts amounting to a COCON breach.
SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately.
SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately.
FCA Handbook sup15, SUP 15.11.5G, 15.11.6R to 15.11.6GG and 15.11.12AR to 15.11.15RHow does this provision count time?
- Make the required conduct notification.
- Do not count seven business days from mere awareness for every employee. Identify staff category, actual disciplinary action and the operative reporting rule.
- SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately.
Do not count seven business days from mere awareness for every employee. Identify staff category, actual disciplinary action and the operative reporting rule.
Do not count seven business days from mere awareness for every employee. Identify staff category, actual disciplinary action and the operative reporting rule. SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately.
FCA Handbook sup15, SUP 15.11.5G, 15.11.6R to 15.11.6GG and 15.11.12AR to 15.11.15RWhich facts prevent one automatic date?
SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately. Do not count seven business days from mere awareness for every employee. Identify staff category, actual disciplinary action and the operative reporting rule. The actual actual disciplinary action based on facts amounting to a COCON breach and required completion must be established before using a final date.
The sMCR firm taking qualifying disciplinary action against conduct rules staff has established the applicable procedure and actual disciplinary action based on facts amounting to a COCON breach. SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately. Make the required conduct notification. Applicable individual reporting branch or annual reporting cycle. No computed final date is supplied.
A proposed completion raises a nonbusiness-day or time-boundary question for make the required conduct notification. Do not count seven business days from mere awareness for every employee. Identify staff category, actual disciplinary action and the operative reporting rule. Resolve this boundary under the identified provision and actual completion route. Do not count seven business days from mere awareness for every employee. Identify staff category, actual disciplinary action and the operative reporting rule.
An employee is suspended only while misconduct is investigated. SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately. SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately. No automatic final date follows from this scenario.
Which conditions and exceptions apply?
- Applicable procedure and actual event
- SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately.
- Counting and completion boundary
- Do not count seven business days from mere awareness for every employee. Identify staff category, actual disciplinary action and the operative reporting rule.
- SUP 15.11.6BG requires a breach, specified disciplinary action and a matching factual basis. Staff category determines the reporting branch. Serious-breach notification can arise separately.
- SMCR firm taking qualifying disciplinary action against conduct rules staff. Actual disciplinary action based on facts amounting to a COCON breach. Make the required conduct notification. Do not count seven business days from mere awareness for every employee. Identify staff category, actual disciplinary action and the operative reporting rule.
What must the responsible actor complete?
Questions about this procedure
When must an SMCR firm report disciplinary action for a conduct breach?
Does discovering any conduct concern start a universal seven-day clock?
No. The disciplinary reporting duty has specific action and COCON conditions.
FCA Handbook sup15, SUP 15.11.5G, 15.11.6R to 15.11.6GG and 15.11.12AR to 15.11.15RDoes investigatory suspension always require reporting?
SUP 15.11.6FG distinguishes investigatory suspension from qualifying disciplinary action.
FCA Handbook sup15, SUP 15.11.5G, 15.11.6R to 15.11.6GG and 15.11.12AR to 15.11.15RAre all staff reported on the annual cycle?
No. SMF managers and specified senior conduct rules staff have separate branches.
FCA Handbook sup15, SUP 15.11.5G, 15.11.6R to 15.11.6GG and 15.11.12AR to 15.11.15RCan the underlying facts matter even without a COCON label?
SUP 15.11.6EG says the factual basis controls.
FCA Handbook sup15, SUP 15.11.5G, 15.11.6R to 15.11.6GG and 15.11.12AR to 15.11.15RCan serious concerns require earlier notification?
Separate Principle 11 and SUP 15.3 duties can apply.
FCA Handbook sup15, SUP 15.11.5G, 15.11.6R to 15.11.6GG and 15.11.12AR to 15.11.15RDoes an employment settlement erase reporting?
SUP 15.11.19G says the obligations apply notwithstanding an agreement.
FCA Handbook sup15, SUP 15.11.5G, 15.11.6R to 15.11.6GG and 15.11.12AR to 15.11.15ROfficial sources and review
Provisions used (1)
| Provision | Purpose |
|---|---|
| FCA Handbook sup15, SUP 15.11.5G, 15.11.6R to 15.11.6GG and 15.11.12AR to 15.11.15R | Check the identified procedure, event, counting rule or qualification |