Regulators have extensive enforcement powers. They can cancel or suspend your registration,
impose registration conditions (which can include prohibiting further admissions) and prosecute you
for regulatory failures, amongst other things. Such action can be taken on an emergency basis and
businesses can be lost.
Action taken early and swiftly can help prevent matters progressing further. However Ridouts has
an enviable success rate challenging regulator proposals and decisions both at the representation stage
and on appeal to the Tribunal.