Section 395(1)

Each regulator must determine the procedure that it proposes to follow in relation to the following— a decision which gives rise to an obligation to give a supervisory notice, in the case of the FCA, a decision which— gives rise to an obligation for it to give a warning notice or decision notice, or gives rise to an obligation for the PRA to include a statement under section 387(1A) in a warning notice or a statement under section 388(1A) in a decision notice, in the case of the PRA, a decision which gives rise to an obligation for it to give a warning notice or decision notice, other than a decision which depends entirely on a decision of the FCA of the kind mentioned in paragraph (b)(ii), and a decision under section 391(1)(c) to publish information about the matter to which a warning notice relates.

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Source: legislation.gov.uk · retrieved 2026-09-04