I think it's more likely to be this isn't it?
Restriction on Conflict of Interest
4.
An Intermediary, any individual or legal person with an interest in an Intermediary’s Organisation or an Intermediary’s Organisation shall not have an interest in a Club. Similarly, a Player, Club, Club Official, Manager or any individual or entity with an interest in a Club shall not have any interest in the business or affairs of an Intermediary or an Intermediary’s Organisation. Such interest shall be defined as:
a. beneficial ownership of more than 5% of any entity, firm or company through which the activities of the Club or Intermediary (as applicable) are conducted
and/ or
b. being in a position or having any association that may enable the exercise of a material,financial, commercial, administrative, managerial or any other influence over the affairs of the Club or Intermediary (as applicable) whether directly or indirectly and whether formally or informally.
https://www.thefa.com/-/media/files/thefaportal/governance-docs/agents/intermediaries/the-fa-working-with-intermediaries-regulations-2020-21.ashxAnd further down in the PDF it sets out the mechanism for punishment of breaches
"Any breach of these Regulations shall be Misconduct in accordance with Rule E1.1. Any charge for Misconduct shall be dealt with in accordance with the Rules of The Association and shall be determined by a Regulatory Commission of The Association"
So there is no fixed penalty, it is determined by a panel.
The link I gave is the same link the FA gave in their original statement.
This is it in full:
Intermediaries regulations
The licensing system for agents ceased to exist on 1st April 2015 and was replaced by the concept of intermediaries in accordance with the FIFA regulations on working with intermediaries.
The FA regulations on working with intermediaries can be found in the resource section below, together with a set of guidance notes for both intermediaries and players.
Standard forms
This page also contains all the forms and information relating the declaration of intermediary activity in a transaction. To download any of these forms, please see the resource document section below.
The IM1-NR is required when no intermediary has been used by any party in the deal.
The IM1 form provides for declaration of all the intermediaries used in a deal and must be signed by all parties. Annex 1 declares the payments being made by the player to the intermediary and must be completed if the player has used an intermediary (even if no payment is being made to the intermediary). Annexes 2 and 3 must be completed in cases of dual (or multiple) representation and declare the payments being made by the registering club or former club (as applicable) to the intermediary.
The IM2 is required to be completed by all parties who wish to complete a transaction where there may be a (potential) conflict of interest. This is not required in cases of dual (or multiple) representation.
An FAQ document on the IM forms can also be found in the resources section.
Clearing house payments
The FA regulations on working with intermediaries state that all payments (payments made as net salary deductions are exempt) made by a club to an intermediary in relation to a transaction are required to be made via The FA clearing house.
Payments to clubs belonging to other national associations in respect of transfer fees, solidarity and training compensation are also required to be made via The FA clearing house.
When a payment is made to The FA, the payment instruction form below must be completed detailing who the payment is for, what it is in relation to and the bank details for the beneficiary.
When a player is transferred between two clubs in different countries, 5% of the transfer fee paid is due as solidarity to the clubs who trained the player between the ages of 12 and 23. The calculator below can help to determine the amount due to these clubs. A completed version must be submitted whenever a solidarity payment is made via The FA clearing house.