in force 2024-01-09 MODIFIED+5 −5§
Amended by Regulation (EU) 2023/2869 32023R2869
applies from: unknown (the text changed beyond its dates, so no date that moved can be read as the application date)
dates added to the text: 2025-06-30
Sources disagree — the text comparison found this change; the EU's own amendment metadata does not list it and the amending act's instructions do not mention it. All are shown; none is overruled.
The only change is in Article 111(1), third subparagraph, where the notification deadline for Member States to inform the Commission, EBA and ESMA of the rules referred to in the first and second subparagraphs was moved from 30 June 2024 to 30 June 2025.
Cited: Art. 111, v1 · Art. 111, v2
text before / after
32023R1114 → 02023R1114-20240109
Article 111
Administrative penalties and other administrative measures
1. Without prejudice to any criminal penalties and without prejudice to the supervisory and investigative powers of competent authorities listed in Article 94, Member States shall, in accordance with national law, provide for competent authorities to have the power to take appropriate administrative penalties and other administrative measures in relation to at least the following infringements:
(a) infringements of Articles 4 to 14;
(b) infringements of Articles 16, 17, 19, 22, 23, 25, Articles 27 to 41, Articles 46 and 47;
(c) infringements of Articles 48 to 51, Articles 53, 54 and 55;
(d) infringements of Articles 59, 60, 64 and Articles 65 to 83;
(e) infringements of Articles 88 to 92;
(f) failure to cooperate or to comply with an investigation, with an inspection or with a request as referred to in Article 94(3).
Member States may decide not to lay down rules for administrative penalties where the infringements referred to in the first subparagraph, point (a), (b), (c), (d) or (e), are already subject to criminal penalties in their national law by 30 June 2024. Where they so decide, Member States shall notify to the Commission, ESMA and to EBA, in detail, the relevant parts of their criminal law.
By 30 June 2024, 2025, Member States shall notify to the Commission, EBA and ESMA, in detail, the rules referred to in the first and second subparagraphs. They shall also notify the Commission, ESMA and EBA without delay of any subsequent amendment thereto.
2. Member States … 1,034 unchanged words … authorities have powers in addition to those referred to in paragraphs 2 to 5 and may provide for higher levels of penalties than those established in those paragraphs, in respect of both natural and legal persons responsible for the infringement.