# The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019, Regulation 11: Warning notice

Extent: E+W+S+N.I.

(1) If the FCA proposes to—
(a) impose a penalty on a person under regulation 7, or
(b) publish a statement in respect of a person under regulation 10,
it must give the person a warning notice.
(2) A warning notice about a proposal to impose a penalty must state the amount of the penalty.
(3) A warning notice about a proposal to publish a statement must set out the terms of the statement.

---
Source: https://www.legislation.gov.uk/uksi/2019/266/regulation/11 (the official version)
Page: https://openlegislation.uk/credit-rating-agencies-amendment-etc-eu-exit-regulations-2019/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.