+Article 49 1.

Article 49 1.

Without prejudice to the supervisory and investigatory powers of competent authorities pursuant to Article 45, and the right of Member States to provide for and impose criminal penalties, Member States shall, in accordance with national law, provide for competent authorities to have the power to impose administrative penalties and take other appropriate administrative measures which shall be effective, proportionate and dissuasive. Those administrative penalties and other administrative measures shall apply to:

(a) 

infringements by issuers of their obligations under Title II, Chapter 2, or Article 18, 19 or 21;

(b) 

failure to cooperate or comply with an investigation, with an inspection or with a requirement under Article 45(1).

1. Panoramica

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1.1 Riferimenti

1.2 Requisiti identificati

1.3 Standard correlati

2. Requisiti identificati

Requisiti

3. Standard correlati

Standard