There are currently no known outstanding effects for the The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019, Section 11.
11.—(1) If the FCA proposes to—
(a)impose a penalty on a [F1person] under regulation 7, or
(b)publish a statement in respect of a [F1person] under regulation 10,
it must give the [F1person] a warning notice.
(2) A warning notice about a proposal to impose a penalty must state the amount of the penalty.
(3) A warning notice about a proposal to publish a statement must set out the terms of the statement.
Textual Amendments
F1Word in reg. 11(1) substituted (31.12.2020 immediately before IP completion day) by The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(4), 50(2)(e)
Commencement Information
I1Reg. 11 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)
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