Art. 25n

in force 2020-01-01 INSERTED+259 −0§

Amended by Regulation (EU) 2019/2099 32019R2099

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

This provision is new, adding Article 25n, which gives the Court of Justice unlimited jurisdiction to review decisions in which ESMA has imposed a fine or a periodic penalty payment.

It also states that the Court may annul, reduce or increase the fine or periodic penalty payment imposed.

Cited: Art. 25n, v2

Article 25n
Review by the Court of Justice
The Court of Justice 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.