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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 18 January 2018 - onwards
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Regulation 22 Appeals against decisions of the FCA

(1) A self-regulatory organisation may appeal to the Upper Tribunal from a decision by the FCA to publish a censuring statement.

(2) The provisions of Part 9 of FSMA (hearings and appeals) apply, subject to the modifications set out in paragraph (3), in respect of appeals to the Upper Tribunal made under this regulation as they apply in respect of references made to that Tribunal under FSMA.

(3) Part 9 of FSMA has effect as if -

(a) in section 133 (proceedings before Tribunal: general provision), in subsection (7A) [2000 (c.8). Subsection (7A) was inserted by section 23 of the Financial Services Act 2012 and amended by section 4(2) of the Financial Services (Banking Reform) Act 2013 and by S.I. 2013/1388; 2014/3329.], after paragraph (o) there were inserted -

"(p) a decision to take action under regulation 16 of the Oversight of Professional Body Anti-Money Laundering and Counter Terrorist Financing Supervision Regulations 2017."; and

(b) for section 133A [Section 133A was inserted by

Comparing proposed amendment...