{
  "url": "https://openlegislation.uk/draft-credit-rating-agencies-amendment-etc-eu-exit-regulations-2019/regulation-12",
  "json_url": "https://openlegislation.uk/draft-credit-rating-agencies-amendment-etc-eu-exit-regulations-2019/regulation-12.json",
  "legislation": "ukdsi/2019/9780111176696",
  "legislation_title": "The Credit Rating Agencies (Amendment, etc.) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/draft-credit-rating-agencies-amendment-etc-eu-exit-regulations-2019",
  "path": "regulation/12",
  "kind": "regulation",
  "number": "12",
  "heading": "Decision notice",
  "text": "(1) If, having considered any representations made in response to a warning notice, the FCA decides to—\n(a) impose a penalty under regulation 7 (whether or not of the amount proposed), or\n(b) publish a statement under regulation 10 (whether or not in the terms proposed),\nit must without delay give the credit rating agency concerned a decision notice.\n(2) In the case of a penalty, the decision notice must state the amount of the penalty.\n(3) In the case of a statement, the decision notice must set out the terms of the statement.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "See regulation 19, which applies to these Regulations with modifications provisions of the Financial Services and Markets Act 2000 (c. 8) relating to the provision of notices generally."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2019/9780111176696/regulation/12",
    "retrieved_at": "2026-10-30T15:02:42.299701+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}