The Financial Services and Markets Act 2000 (Transparency of Securities Financing Transactions and of Reuse) Regulations 2016

Decision noticesU.K.

This section has no associated Explanatory Memorandum

18.—(1) If a regulator decides to take action against a person under regulation 11(6), 14 or 15 it must give the person a decision notice without delay.

(2) A decision notice about—

(a)the publication of a statement must set out the terms of the statement;

(b)the imposition of a penalty must state the amount of the penalty;

(c)the variation of a temporary prohibition order must set out the terms of the variation.