emendrixAccount

Provision history · Benchmarks Regulation

Art. 48k · Review by the Court of Justice

Benchmarks Regulation · 32016R1011 · every version of this act · on EUR-Lex (external, EUR-Lex)

1 change recorded across 1 version, newest first.

Follow this provision (Atom) · Watch it from CI · Watch this provision

Version in force , Inserted +259 −0

Amended by Regulation (EU) 2019/2175 32019R2175 on EUR-Lex (external, EUR-Lex)

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

Not in every listWhat this means

Found in the text, but not every source lists it — the text comparison and the amending act's instructions found this change; the EU's own amendment metadata does not list it. The source that does not name it is the EU's own amendment metadata. All are shown; none is overruled.

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

This is a new provision, Article 48k, giving the Court of Justice unlimited jurisdiction to review decisions by which ESMA has imposed a fine or a periodic penalty payment.

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

Cited: Art. 48k, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Text from EUR-Lex

Inserted in this version 02016R1011-20220101

Article 48k
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.