(1) If the FCA proposes to take action against a person under regulation 4, it must give the person concerned a warning notice.
(2) A warning notice about a proposal to impose a penalty must state the amount of the penalty.
(3) A warning notice about a proposal to publish a statement must set out the terms of the proposed statement.
(4) If, having considered any representations made in response to the warning notice, the FCA decides to take action against a person under regulation 4, it must without delay give the person concerned a decision notice.
(5) A decision notice about the imposition of a penalty must state the amount of the penalty.
(6) A decision notice about the publication of a statement must set out the terms of the statement.
(7) If the FCA decides to take action against a person under regulation 4, the person may refer the matter to the Tribunal [Defined in section 417(1) of the Act.].
(8) Sections 210 [Section 210 was amended by paragraph 20 of Schedule 2 to the Financi
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