Section 192Z: Procedure and right to refer to Tribunal

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part 12B: Approval of certain holding companies

If a regulator proposes to take action against a person under section 192Y, it must give the person a warning notice.

A warning notice about a proposal to impose a penalty must state the amount of the penalty.

A warning notice about a proposal to publish a statement must set out the terms of the statement.

If the regulator decides to take action against a person under section 192Y, it must give the person a decision notice.

A decision notice about the imposition of a penalty must state the amount of the penalty.

A decision notice about the publication of a statement must set out the terms of the statement.

If the regulator decides to take action against a person under section 192Y, the person may refer the matter to the Tribunal.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.