Regulation 12 Warning notice
(1)
If the FCA proposes to—
(a)
publish a statement in respect of a person under regulation 10 (public censure); or
(b)
impose a penalty on a person under regulation 11 (financial penalties);
it must give the person a warning notice.
(2)
A warning notice about a proposal to publish a statement must set out the terms of the statement.
(3)
A warning notice about a proposal to impose a penalty must state the amount of the penalty.
Notes on the whole SI
Textual amendments
- F1
Regulations revoked (14.12.2023 for the revocation of reg. 68) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(xxi)