The procedures are designed to ensure procedural fairness by giving (see Figure1 above):
(a) advance notice of the
DFSA's proposed decision (referred to as the Preliminary Notice), except in the cases referred to in 7-3-1(b);
(b) a suitable opportunity for the affected person to make representations relating to the proposed decision;
DFSA's reasons for the final decision made, taking into account any representations made (referred to as the Decision Notice); and
(d) the affected person a right to have the
DFSA decision reviewed by the Financial Markets Tribunal.
Inserted (Made 21st August 2014). August 2014 Edition