The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017

Warning noticeU.K.
This adran has no associated Memorandwm Esboniadol

12.—(1) If a regulator proposes to—

(a)publish a statement in respect of a person under paragraph 10; or

(b)impose a penalty on a person under paragraph 11,

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.