Art. 25n · Review by the Court of Justice

Version in force 1 January 2020, Inserted +259 −0§

Amended by Regulation (EU) 2019/2099 32019R2099 on EUR-Lex (external, EUR-Lex)

Applies from: not readable (an inserted provision states its own application date only in prose) why

Explanation, written by a model and checked against the cited text

This provision is new, adding Article 25n, which gives the Court of Justice unlimited jurisdiction to review decisions in which ESMA has imposed a fine or a periodic penalty payment.

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

Cited: Art. 25n, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Article 25n
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.