FCA Employee Handbook - Financial Conduct Authority

Disciplinary actionWhere the FCA establishes that you have committed a disciplinary offence, the followingdisciplinary action may be taken:If the misconduct is serious a First Written Warning may be given. If the conduct is sufficientlyserious a Final Written Warning maybe issued.If, following a First Written Warning, there is a further incident of misconduct (whether or notof the same nature) within the period, a Final Written Warning may be issued.If the misconduct is sufficiently serious or if conduct is still unsatisfactory following a FinalWritten Warning, you will normally be dismissed. Where the FCA establishes that you havecommitted an act of gross misconduct, you may be summarily dismissed without notice or payin lieu of notice, following an investigation and hearing.Alternatives short of instant dismissal may be considered at the absolute discretion of the FCA.We may use one or more of the following depending on the circumstances:Suspension without pay up to a maximum of 7 days.Demotion to a more suitable job, if available.Transfer to another department/division.The alternatives short of dismissal mentioned above are not exhaustive and the FCA reservethe right to take any action we consider appropriate in the circumstances.In addition to formal action, consideration will be given to withholding or deferring the receiptof annual individual incentive award payments and/or pay rises.While any formal warnings are in place, you are required to disclose the matteras part of the internal recruitment process, should you decide to apply for an advertised role.AppealsYou may appeal against any disciplinary sanction imposed against you.Appeals may be lodged on a number of grounds, including:new evidence coming to light;the decision being wrong or unreasonable;the inappropriateness of any penalty imposed; andprocess or procedural irregularities.FCA Employee Handbook 2013 246