Chwilio Deddfwriaeth

Financial Services and Markets Act 2000

Section 391: Publication

687.This section establishes common rules on publication of decisions which:

  • prevent the Authority from publishing details about warning and decision notices;

  • enable the Authority to publish appropriate details of a discontinued decision, but only if the person to whom the notice is given consents; and

  • require the Authority to publish appropriate information about a final notice, but omitting information which would be unfair to the person to whom the notice relates or prejudicial to the interests of consumers.

688.The provision for publishing details of a final notice applies equally to a supervisory notice (as defined in section 395) but only when such a notice takes effect.  The procedure on giving a supervisory notice is set out under the description of section 53 above.  If the notice so states, it may take effect immediately, or on a particular date.  Otherwise it will take effect only once it is no longer “open to review”.  Subsection (8) of this section provides that a supervisory notice is “open to review” until after the period for referring the matter to the Tribunal has expired and until any reference or further appeal has been finally determined.

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