Art. 48k

in force 2022-01-01 INSERTED+259 −0§

Amended by Regulation (EU) 2019/2175 32019R2175

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.

This is a new provision, Article 48k, giving the Court of Justice unlimited jurisdiction to review decisions by which ESMA has imposed a fine or a periodic penalty payment.

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

Cited: Art. 48k, v2

Article 48k
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.