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Section 122F: Offences

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part VIII: Provisions relating to market abuse

If a person ("A") fails to comply with a requirement imposed on A under section 122B or 122C the FCA may certify that fact in writing to the court.

If the court is satisfied that A failed without reasonable excuse to comply with the requirement, it may deal with A (and where A is a body corporate, any director or other officer) as if A (or as the case may be the director or officer) were in contempt.

A person ("B") who, in purported compliance with a requirement imposed on B under section 122B or 122C—

provides information which B knows to be false or misleading in a material particular; or
recklessly provides information which is false or misleading in a material particular;

is guilty of an offence.

A person guilty of an offence under subsection (3) is liable—

on summary conviction—
in England and Wales, to imprisonment for a term not exceeding three months or a fine, or both;
in Scotland, to imprisonment for a term not exceeding three months or a fine not exceeding the statutory maximum, or both;
in Northern Ireland, to imprisonment for a term not exceeding three months or a fine not exceeding the statutory maximum, or both;
on conviction on indictment, to imprisonment for a term not exceeding two years or a fine, or both.

Any person who intentionally obstructs the exercise of any rights conferred by a warrant under section 122D is guilty of an offence and liable on summary conviction—

in England and Wales, to imprisonment for a term not exceeding three months or a fine, or both;
in Scotland, to imprisonment for a term not exceeding three months or a fine not exceeding level 5 on the standard scale, or both;
in Northern Ireland, to imprisonment for a term not exceeding three months or a fine not exceeding level 5 on the standard scale, or both.

In this section—

"court" means—
the High Court;
in Scotland, the Court of Session;
"officer", in relation to a limited liability partnership, means a member of the partnership.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.