# The Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018, Regulation 66: Decision notice


(1) If, having considered any representations made in response to the warning notice, the FCA decides to—
(a) publish a statement under regulation 67 (whether or not in the terms proposed); or
(b) impose a penalty under regulation 68 (whether or not of the amount proposed);
it must without delay give the trade repository concerned a decision notice.
(2) In case of a statement, the decision notice must set out the terms of the statement.
(3) In the case of a penalty, the decision notice must state the amount of the penalty.
(4) If the FCA decides to —
(a) publish a statement in respect of a trade repository under regulation 67; or
(b) impose a penalty on a trade repository under regulation 68;
the trade repository may refer the matter to the Tribunal.
(5) After a statement under regulation 67 is published, the FCA must send a copy of it to the trade repository concerned and to any person to whom a copy of the decision notice was given under section 393(4) of the FSMA (third party rights) (as applied by regulation 76).

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111176214/regulation/66 (the official version)
Page: https://openlegislation.uk/draft-over-the-counter-derivatives-central-counterparties-and-trade-repositories-amendment-etc-and-transitional-provision-eu-exit-regulations-2018/regulation-66
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.