# The Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018, Regulation 13: 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 10 (public censure) (whether or not in the terms proposed); or
(b) impose a penalty under regulation 11 (financial penalties) (whether or not of the amount proposed);
it must without delay give the person concerned a decision notice.
(2) In the 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 person under regulation 10 (public censure); or
(b) impose a penalty on a person under regulation 11 (financial penalties);
the person may refer the matter to the Tribunal.
(5) After a statement under regulation 10 (public censure) is published, the FCA must send a copy of it to the person concerned and to any person to whom a copy of the decision notice was given under section 393(4) of the Act (third party rights) (as applied by regulation 23 (application of Part 26 of the Act (notices)).

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Source: https://www.legislation.gov.uk/uksi/2018/135/regulation/13 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-benchmarks-regulations-2018/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.