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Article 9 - Failure to implement corrective measures

Article 9
Failure to implement corrective measures

A failure by a SIPS operator to implement corrective measures within the indicated time limit may be treated as a separate ground for the imposition of a sanction by the ECB, provided that a sanction has not already been imposed for the same infringement.

Official text · consolidated version 25/05/2021 (in force) Open full page ↗
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