This consultation paper (CP) sets out our proposals on how the FCA will publish information about the subject-matter of a warning notice if it considers it to be appropriate.
Why are we issuing this consultation paper?
The main point of our proposals is to be transparent about our enforcement action early on. The financial services industry and consumers will be able to understand the types of behaviour that we consider unacceptable at an earlier stage, which will help promote credible deterrence.
Who is this CP aimed at?
This paper should be read by all firms. As these proposals concern the transparency of the FCA’s enforcement process, they are also likely to be of general interest to consumers.
Consultation paper
What are the next steps?
Send us your comments by 18 June 2013.
Want to find out more?
For more information:
- Look at the FCA Handbook[3]
: Link changed updated Handbook link