Section 23 allows a supervisory authority to impose one or more of the followings sanctions so as to ensure compliance with the Act and Amendments:

• Written warnings
• Order to comply with specific instructions
• Order regular reports from the reporting entity on measures it is taking
• Prohibit convicted persons from employment within the sector.
• Recommend to the appropriate licensing authority of the reporting entity that the reporting entity’s license be suspended, restricted or withdrawn.
• In the case of default attributable to directors and senior management of a reporting entity, direct the reporting entity to remove them from the Board or relieve them of their functions to which the default is related.

In addition to these sanctions, a supervisory authorities can impose a fine of not less than five million dollars (GY$5,000,000) nor more than fifteen million dollars (GY$15,000,000).