Financial Services and Markets Act 2000 (c. 8)

Part VIII U.K. Penalties for Market Abuse

Modifications etc. (not altering text)

C1 Pt. 8 applied (with modifications) (18.6.2012) by (The Recognised Auction Platforms Regulations 2011 (S.I. 2011/2699), reg. 6, Sch. 1

Procedure U.K.

126 Warning notices. U.K.

(1) If the Authority proposes to take action against a person under section 123, it must give him a warning notice.

(2) A warning notice about a proposal to impose a penalty must state the amount of the proposed penalty.

(3) A warning notice about a proposal to publish a statement must set out the terms of the proposed statement.