(1) Subsection (2) applies where a decision notice or final notice relates to the imposition of a sanction or measure for an infringement of the prospectus regulation, and -
(a) following an assessment by the FCA of the proportionality of publishing personal data of a person on whom the sanction or measure is imposed, the FCA considers it disproportionate to do so, or
(b) publication of personal data of a person on whom the sanction or measure is imposed would jeopardise the stability of financial markets or an ongoing investigation.
(a) if publication on an anonymous basis of information about the matter to which the notice relates would ensure the effective protection of the personal data, must publish the information on an anonymous basis;
(b) otherwise, must defer publication of the information until the conditions in subsection (1) cease to be met,
(3) The FCA may make such arrangements as to the publication of information under subsection (2)(a) (including as to the
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