Textual Amendments
F1 Pt. 18 heading substituted (28.11.2017) by The Central Securities Depositories Regulations 2017 (S.I. 2017/1064), regs. 1, 2(8) (with regs. 7(4), 9(1))
F2Words in Pt. 18 heading substituted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 18(2), 86(3); S.I. 2023/779, reg. 4(m)
Modifications etc. (not altering text)
C1Pt. 18 applied in part (with modifications) (12.12.2011) by The Recognised Auction Platforms Regulations 2011 (S.I. 2011/2699), reg. 7, Sch. 2 (as amended (28.11.2017) by The Central Securities Depositories Regulations 2017 (S.I. 2017/1064), reg. 1, Sch. para. 37 (with regs. 7(4), 9(1)))
Textual Amendments
F3Pt. 18 Ch. 3B inserted (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 33, 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c), Sch. Pts. 2, 3; S.I. 2013/423, art. 3, Sch.
F4Words in Pt. 18 Ch. 3B heading inserted (29.6.2023 for specified purposes) by Financial Services and Markets Act 2023 (c. 29), s. 86(1)(e), Sch. 10 para. 9
Modifications etc. (not altering text)
C2Pt. 18 Ch. 3B applied (with modifications) (5.4.2024) by The Data Reporting Services Regulations 2024 (S.I. 2024/107), regs. 1(2), 19; S.I. 2023/1382, reg. 4(c)
[F5(1)If the appropriate regulator decides to impose a sanction—
(a)on a recognised body [F6or data reporting service provider] under section 312E or 312F, or
(b)on a person under section 312FA,
it must give the body [F7, provider] or person (as the case may be) a decision notice.]
(2)In the case of a statement, the decision notice must set out the terms of the statement.
(3)In the case of a penalty, the decision notice must state the amount of the penalty.
[F8(3A)In the case of a prohibition, the decision notice must specify the extent of the prohibition.
(3B)The sanction which the appropriate regulator decides to impose may differ from that proposed in the warning notice.]
[F9(4)If the appropriate regulator decides to impose a sanction—
(a)on a recognised body [F10or data reporting service provider] under section 312E or 312F, or
(b)on a person under section 312FA,
the body [F11, provider] or person (as the case may be) may refer the matter to the Tribunal.
F12(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .]]
Textual Amendments
F5S. 312H(1) substituted (28.11.2017) by The Central Securities Depositories Regulations 2017 (S.I. 2017/1064), regs. 1, 2(31)(a) (with regs. 7(4), 9(1))
F6Words in s. 312H(1) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 11(8)(a)(ii), 86(3); S.I. 2023/779, reg. 4(g)
F7Words in s. 312H(1)(a) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 11(8)(a)(i), 86(3); S.I. 2023/779, reg. 4(g)
F8S. 312H(3A)(3B) inserted (28.11.2017) by The Central Securities Depositories Regulations 2017 (S.I. 2017/1064), regs. 1, 2(31)(b) (with regs. 7(4), 9(1))
F9S. 312H(4) substituted (28.11.2017) by The Central Securities Depositories Regulations 2017 (S.I. 2017/1064), regs. 1, 2(31)(c) (with regs. 7(4), 9(1))
F10Words in s. 312H(4)(a) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 11(8)(b)(i), 86(3); S.I. 2023/779, reg. 4(g)
F11Word in s. 312H(4) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 11(8)(b)(ii), 86(3); S.I. 2023/779, reg. 4(g)
F12S. 312H(5) omitted (31.12.2020) by virtue of The Investment Exchanges, Clearing Houses and Central Securities Depositories (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/662), regs. 1(3), 8(6) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)
Modifications etc. (not altering text)
C3Ss. 312E-312I restricted (1.4.2013) by The Financial Services Act 2012 (Transitional Provisions) (Enforcement) Order 2013 (S.I. 2013/441), arts. 1(1), 13
C4S. 312H applied (with modifications) (13.7.2016) by The Financial Services and Markets Act 2000 (Transparency of Securities Financing Transactions and of Reuse) Regulations 2016 (S.I. 2016/715), regs. 1(2), 13