(30)In line with the Commission Communication of 8 December 2010 entitled ‘Reinforcing sanctioning regimes in the financial services sector’ and in order to ensure that the requirements of this Regulation are fulfilled, it is important that Member States take necessary steps to ensure that infringements of this Regulation are subject to appropriate administrative penalties and measures. In order to ensure that penalties have a dissuasive effect and to strengthen investor protection by warning them about PRIIPs marketed in infringement of this Regulation, sanctions and measures should normally be published, except in certain well-defined circumstances.
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New version applies from 24/12/2016 — introduced by Regulation (EU) 2016/2340.
48 provisions change.
Later versions: 01/08/2019, 21/12/2021, 09/01/2024.
Recital 30 changes in this version: compare with the current text.