The big one is that they felt we weren't being honest and acting in good faith, whilst the new panel thought we were being honest and acting in good faith
That might help with the second charge, or it might not
I suppose the hope is that if we're seen to being upfront and making genuine efforts to get the books balanced correctly, the panel on the second charge might go easy on us because a further points deduction just puts us right back in the mire and undoes all the work we've done to become compliant, and as we're acting honestly it wouldn't be justified to hit us even harder