This section applies in the case of proceedings before the Tribunal in respect of—
a decision of the FCA or the PRA;
a decision of the Bank of England; or
a decision of a person relating to the assessment of any compensation or consideration under the Banking (Special Provisions) Act 2008 , the Banking Act 2009 or the Financial Services and Markets Act 2023.
A person is guilty of an offence if that person, without reasonable excuse—
refuses or fails—
to attend following the issue of a summons by the Tribunal; or
to give evidence; or
alters, suppresses, conceals or destroys, or refuses to produce a document which he may be required to produce for the purposes of proceedings before the Tribunal.
A person guilty of an offence under subsection (2)(a) is liable on summary conviction to a fine not exceeding level 5 on the standard scale.
A person guilty of an offence under subsection (2)(b) is liable—
on summary conviction, to a fine not exceeding the statutory maximum;
on conviction on indictment, to imprisonment for a term not exceeding two years or a fine or both.