GRV wishes to announce a new approach to managing unpaid fines and prizemoney that has not been returned. This will be implemented to drive improved compliance and behaviour among participants.
Non-payment of fines and failing to return prizemoney (which usually relates to race disqualification for irregular samples) poses a significant integrity and reputational risk for GRV.
In July 2025, GRV’s Board determined to suspend any registered person who has failed to pay a fine or return prizemoney within the permitted 14 days under Local Rule 69B and has established a process for how this will be managed.
GRV intends to communicate directly with participants to recover outstanding fines and prizemoney debts and will embed the approved recovery process into current business processes to prevent future non-compliance.