Date-stamp loading
Version status: Partly in force | Document consolidation status: Updated to reflect all known changes
Version date: 30 January 2024 - onwards
  Version 20 of 20    

395. The FCA's and PRA's procedures

(1) Each regulator must determine the procedure that it proposes to follow in relation to the following -

(a) a decision which gives rise to an obligation to give a supervisory notice,

(b) in the case of the FCA, a decision which -

(i) gives rise to an obligation for it to give a warning notice or decision notice, or

(ii) gives rise to an obligation for the PRA to include a statement under section 387(1A) in a warning notice or a statement under section 388(1A) in a decision notice,

(c) in the case of the PRA, a decision which gives rise to an obligation for it to give a warning notice or decision notice, other than a decision which depends entirely on a decision of the FCA of the kind mentioned in paragraph (b)(ii), and

(d) a decision under section 391(1)(c) to publish information about the matter to which a warning notice relates.

(2) That procedure must be designed to secure, among other things that -

(a) a decision falling within any of paragraphs (a) to (c) of subsection (1) is ta

Comparing proposed amendment...