Art. 36e

in force 2011-06-01 INSERTED+303 −0§

Amended by Regulation (EU) No 513/2011 32011R0513

applies from: unknown (an inserted provision states its own application date only in prose)

Sources disagree — the text comparison and the amending act's instructions found this change; the EU's own amendment metadata does not list it. All are shown; none is overruled.

A new Article 36e is added, granting the Court of Justice of the European Union unlimited jurisdiction to review decisions in which ESMA has imposed a fine or periodic penalty payment.

The provision further states that the Court may annul, reduce or increase the fine or periodic penalty payment imposed.

Cited: Art. 36e, v2

Article 36e
Review by the Court of Justice of the European Union
The Court of Justice of the European Union shall have unlimited jurisdiction to review decisions whereby ESMA has imposed a fine or a periodic penalty payment. It may annul, reduce or increase the fine or periodic penalty payment imposed.