Date-stamp loading
Version status: Applicable | Document consolidation status: No known changes
Version date: 12 August 2022 - onwards
  Version 3 of 3    

Article 82 Specific provisions

1. Member States shall ensure that their laws, regulations and administrative provisions provide for penalties and other administrative measures at least in respect of the following situations:

(a) failure to draw up, maintain and update recovery plans, in breach of Article 9;

(b) failure to provide all the information necessary for the development of resolution plans, in breach of Article 13; and

(c) failure of the CCP to notify the competent authority when the CCP is failing or likely to fail, in breach of Article 70(1).

2. Member States shall ensure that, in the cases referred to in paragraph 1, the administrative penalties and other administrative measures that can be applied include at least the following:

(a) a public statement which indicates the natural person, CCP, or other legal person responsible and the nature of the infringement;

(b) an order requiring the natural or legal person responsible to cease the conduct and to desist from a repetition of that conduct;

(c) a tempor

Comparing proposed amendment...