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Version status: Amended
Version date: 15 May 2024 - onwards
  Version 2 of 2    

Article 22 Pecuniary sanctions

1. For the purpose of carrying out the tasks conferred on it by this Regulation, the Authority may impose pecuniary sanctions where a selected obliged entity breaches, whether intentionally or negligently, a requirement of Regulation (EU) 2023/1113 or Regulation (EU) …/…[OJ: Please insert the number of the Regulation contained in document PE-CONS 36/24 (2021/0239(COD)).], or does not comply with a binding decision referred to in Article 6(1) of this Regulation.

2. Where the Executive Board of the Authority finds that a selected obliged entity has, intentionally or negligently, committed a serious, repeated or systematic breach of directly applicable requirements contained in Regulation (EU) 2023/1113 or Regulation (EU) …/…[OJ: Please insert the number of the Regulation contained in document PE-CONS 36/24 (2021/0239(COD)).], it shall adopt a decision imposing pecuniary sanctions, in accordance with paragraph 3 of this Article. The pecuniary sanctions imposed for such breaches sh

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