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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 2 of 2

Regulation 12 Decision notice

(1) If, having considered any representations made in response to a warning notice,  the FCA decides to -

(a) impose a penalty under regulation 7 (whether or not of the amount proposed), or

(b) publish a statement under regulation 10 (whether or not in the terms proposed),

it must without delay give the person concerned a decision notice.

(2) In the case of a penalty, the decision notice must state the amount of the penalty.

(3) In the case of a statement, the decision notice must set out the terms of the statement.