+Artikel 38i Zwangsgelder
---+Article 38i 1.
---+Article 38i 2.
---+Article 38i 3.
---+Article 38i 4.

Artikel 38i Zwangsgelder

1. Übersicht

,
Article 38i 1.

ESMA shall, by decision, impose periodic penalty payments in order to compel:

(a) 

a person to put an end to an infringement in accordance with a decision taken pursuant to point (a) of Article 38g(1);

(b) 

a person referred to in Article 38b(1):

(i) 

to supply complete information which has been requested by a decision pursuant to Article 38b;

(ii) 

to submit to an investigation and in particular to produce complete records, data, procedures or any other material required and to complete and correct other information provided in an investigation launched by a decision pursuant to Article 38c;

(iii) 

to submit to an on-site inspection ordered by a decision taken pursuant to Article 38d.
Article 38i 2.
A periodic penalty payment shall be effective and proportionate. The periodic penalty payment shall be imposed for each day of delay.
Article 38i 3.
Notwithstanding paragraph 2, the amount of the periodic penalty payments shall be 3 % of the average daily turnover in the preceding business year, or, in the case of natural persons, 2 % of the average daily income in the preceding calendar year. It shall be calculated from the date stipulated in the decision imposing the periodic penalty payment.
Article 38i 4.
A periodic penalty payment shall be imposed for a maximum period of six months following the notification of ESMA’s decision. Following the end of the period, ESMA shall review the measure.

1.1 Referenzen

1.2 Identifizierte Anforderungen

1.3 Zugehörige Standards

2. Identifizierte Anforderungen

Anforderungen

3. Zugehörige Standards

Standards