Schedule 9: Collective investment schemes authorised in approved countries Part 1: Provisions to be inserted in Chapter 5 of Part 17 of the Financial Services and Markets Act 2000 271R Public censure
This section sets out that if the FCA considers that any rules or requirements set out in section 271R(1)(a)-(d) have been contravened, then the FCA may publish a statement to that effect.
	The FCA must give the scheme operator a warning notice if it intends to publish such a statement and set out what it intends to say in the statement. The FCA must also give a decision notice if it decides to publish a statement, which states that the operator may take the matter to the Upper Tribunal.