Commencement of Proceedings
The Decision Making Committee (DMC)
The DMC will generally be the decision maker for enforcement decisions under Article 90 of the
Regulatory Law. Information about matters before the DMC (e.g. a Preliminary Notice) is not normally published prior to a notice of decision being given to a Person (see RPP 5-17-9 to 5-17-11). Reasons for this include:(a) representations in regard to a matter before the DMC are confidential and made in private;(b) DMC meetings, if any, are held in private; and(c) the release of information by the DMC prior to a full and complete consideration of all representations and facts may be contrary to the DFSA'sobjectives or not in the public interest.
FMT or a court
DFSAexpects to publish appropriate information about the commencement or hearing of proceedings before the FMTor court, unless otherwise ordered by the FMTor court.