In particular, competent authorities should be empowered to impose fines which are sufficiently high to offset the benefits that can be expected and to be dissuasive even for larger institutions and their managers.
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New version applies from 01/07/2016 — introduced by Directive (EU) 2016/1034.
202 provisions change.
Later versions: 01/10/2018, 31/12/2019, 26/03/2020, 26/06/2021, 10/11/2021, 01/01/2022, 28/02/2022, 23/03/2023, 09/01/2024, 28/03/2024, 17/01/2025, 06/06/2026.
Recital 142 changes in this version: compare with the current text.