# The Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019, Regulation 27: 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 28 (whether or not in the terms proposed); or
(b) impose a penalty under regulation 29 (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 28; or
(b) impose a penalty on a trade repository under regulation 29;
the trade repository may refer the matter to the Tribunal.
(5) After a statement under regulation 28 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 37).

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111179376/regulation/27 (the official version)
Page: https://openlegislation.uk/draft-transparency-of-securities-financing-transactions-and-of-reuse-amendment-eu-exit-regulations-2019/regulation-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.