Article 126

Path:
Capital Requirements Directive (CRD) > TITLE VII > CHAPTER 3 > Section II > Article 126
Title:
Article 126
Description: 
Penalties
Main content: 

In accordance with Chapter 1, Section IV of this Title, Member States shall ensure that administrative penalties or other  administrative measures aiming to end observed breaches or the causes of such breaches may be imposed on financial holding companies, mixed financial holding  companies,  and  mixed-activity  holding  companies, or their effective managers, that breach laws, regulations or administra­ tive provisions transposing this Chapter.