Violation of any provision of this Regulation and any accompanying Standards may be subject to supervisory action and administrative and financial sanctions as deemed appropriate by the Central Bank.
33.2
Supervisory action and administrative and financial sanctions by the Central Bank may include withdrawing, replacing or restricting the powers of senior management or members of the board of directors, providing for the interim management of the Finance Company or the Restricted Licence Finance Company, imposition of fines or barring individuals from the UAE financial sector.