Section 89R: Action under s.89Q: procedure and right to refer to Tribunal

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

Part VI: Official Listing

If the FCA proposes to take action against a provider under section 89Q, it must give the provider 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 suspend an approval, or
to impose a restriction in relation to the giving of information,

must state the period for which the suspension or restriction is to have effect.

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

If the FCA decides to take action against a provider under section 89Q, it must give the provider a decision notice.

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

A decision notice about—

the suspension of an approval, or
the imposition of a restriction in relation to the giving of information,

must state the period for which the suspension or restriction is to have effect.

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

If the FCA decides to take action against a provider under section 89Q, the provider may refer the matter to the Tribunal.

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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.