The sport's European governing body is waiting for the reports from the referee and match delegate who were at City's match against CSKA Moscow on Wednesday night before deciding on any charge against the Russian club after Toure was subjected to apparent monkey chants.
City's Ivory Coast midfielder has called on UEFA to close the Moscow stadium as punishment for the abuse he suffered, and under the new rules a partial closure looks certain if the allegations are proved.
A first offence of racist behaviour by supporters carries a sanction of a partial stadium closure and a second offence leads to a full stadium closure plus a fine.
UEFA's communications director David Farrelly told Press Association Sport: "In relation to the UEFA Champions League match between CSKA Moscow and Manchester City, we are waiting for the reports from the referee and the match delegate as they are our eyes and ears at the match.
"UEFA now has new regulations in place which were brought in at the start of the season.
"The executive committee, supported by the UEFA Congress, felt that fines were not a deterrent - this is not a financial problem, it is a human problem - and decided to change the regulations in order to tackle the problem in a more effective way.
"These new regulations have only been in existence for a matter of weeks but we have already seen them used by the disciplinary bodies."
City have confirmed they will make an official complaint to UEFA over the matter and confirmed that Toure voiced his concerns about the chanting to the referee during the match.
Toure said: "I'm not just disappointed, I'm furious.
"I'm very, very disappointed about what those fans have done and I think UEFA has to take action because players with the same colour of skin will always be in the same position.
"For me, as captain, I was wearing an armband which said 'no to racism' and I was totally disappointed.
"Maybe they could ban the stadium, I don't know, for a couple of years or a couple of months.
"It's stupid these people. I don't know, it just happens in football. It's unbelievable. UEFA has to take action to right it otherwise I think they will just continue."
So far this season, UEFA has imposed full stadium bans on three clubs - Dinamo Zagreb of Croatia, Legia Warsaw of Poland and Honved of Hungary - for racist behaviour by their supporters while five other clubs have had partial stadium closures imposed. They are: Lazio (who were originally handed a full stadium closure but that was reduced on appeal), Polish clubs Lech Poznan and Piast Gliwice, APOEL Nicosia of Cyprus and Croatian outfit HNK Rijeka.
- Sports & Recreation
- UEFA Champions League