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The Proxy Advisors (Shareholders' Rights) Regulations 2019
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- UK Statutory Instruments
- 2019 No. 926
- PART 3
- Regulation 17
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The Proxy Advisors (Shareholders' Rights) Regulations 2019, Section 17 is up to date with all changes known to be in force on or before 25 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Changes and effects yet to be applied to Regulation 17:
- Regulations revoked by 2023 c. 29 Sch. 1 Pt. 2
Statement of policy on imposition of penalties: procedureU.K.
This section has no associated Explanatory Memorandum
17.—(1) The FCA must, before issuing a statement under regulation 16 (including an altered statement or a statement by which the statement currently in force is to be replaced), publish a draft of the statement in a manner which appears to the FCA to be best calculated to bring it to the attention of the public.
(2) The draft statement must be published with a notice that representations about the draft may be made to the FCA within a specified time.
(3) The FCA must, in preparing the statement for issue, have regard to any representations made about the draft published under paragraph (2).
(4) On issuing the statement, the FCA must publish an account, in general terms, of any representations made about the draft statement and the FCA's response to those representations.
(5) Where the statement issued differs from the draft statement in any respect which, in the opinion of the FCA, is significant, the FCA must also publish details of the difference.
(6) The FCA may charge a reasonable fee for providing a person with a copy of the draft statement published under paragraph (1).
Commencement Information
I1Reg. 17 in force at 10.6.2019, see reg. 1
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