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Financial Services and Markets Act 2000

Financial Services and Markets Act 2000 s 312G

s 312G Proposal to take disciplinary measures

(1) If the appropriate regulator proposes to impose a sanction— (a) on a recognised body or data reporting service provider under section 312E or 312F, or (b) on a person under section 312FA, it must give the body , provider or person (as the case may be) a warning notice. (2) A warning notice about a proposal to publish a statement must set out the terms of the statement. (3) A warning notice about a proposal to impose a penalty must state the amount of the penalty. (4) A warning notice about a proposal to impose a prohibition must specify the extent of the prohibition. (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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