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Article 142

Comparing 04/01/2011 → 09/12/2011: 0 added, 0 removed, 1 changed Close comparison

Without prejudice to their criminal law provisions, Member States shall ensure that penalties or measures aimed at ending observed breaches or the causes of such breaches may be imposed on financial holding companies, mixed financial holding companies and mixed-activitymixed activity holding companies, or their effective managers, that infringe laws, regulation or administrative provisions enactedbrought into force to implementtranspose Articles 124 to 141 and this Article. The competent authorities shall cooperate closely to ensure that those penalties or measures produce the desired results, especially when the central administration or main establishment of a financial holding company or of a mixed-activitymixed financial holding company or of a mixed activity holding company is not located atin the same Member State as its headregistered office.

Official text · consolidated version 09/12/2011 (no longer in force) Open full page ↗
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