If the FCA proposes—
to impose a penalty on a person under section 123(2);
to publish a statement censuring a person under section 123(3);
to impose a temporary prohibition on an individual under section 123A(2)(a);
to impose a temporary prohibition on an individual under section 123A(2)(b);
to impose a permanent prohibition on an individual under section 123A(3); or
to impose a suspension or restriction in relation to a person under section 123B;
it must give the person a warning notice.
A warning notice about a proposal to impose a penalty under section 123 must state the amount of the proposed penalty.
A warning notice about a proposal to publish a statement under section 123 must set out the terms of the proposed statement.
A warning notice about a proposal to impose a prohibition under section 123A must set out the terms of the proposed prohibition.
A warning notice about a proposal to impose a suspension or restriction under section 123B must state the period for which the suspension or restriction is to have effect.