+Article 53 6

Article 53 6

6.   Member States shall ensure that, when determining the type and level of pecuniary sanctions or administrative measures, supervisors take into account all relevant circumstances, including where applicable:

(a)

the gravity and the duration of the breach;

(b)

the number of instances the breach was repeated;

(c)

the degree of responsibility of the natural or legal person held responsible;

(d)

the financial strength of the natural or legal person held responsible, including in light of its total turnover or annual income;

(e)

the benefit derived from the breach by the natural or legal person held responsible, insofar as it can be determined;

(f)

the losses to third parties caused by the breach, insofar as they can be determined;

(g)

the level of cooperation of the natural or legal person held responsible with the competent authority;

(h)

previous breaches by the natural or legal person held responsible.

1. Overview

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Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement