+Article 53 4.
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Article 53 4.
Competent authorities shall inform ESMA of all administrative penalties or other administrative measures imposed but not published in accordance with Article 52(2), first subparagraph, point (c), including any appeal in relation thereto and the outcome thereof. Member States shall ensure that competent authorities receive information and the final judgment in relation to any criminal penalty imposed and submit it to ESMA. ESMA shall maintain a central database of penalties communicated to it solely for the purposes of exchanging information between competent authorities. That database shall be accessible only to competent authorities and shall be updated on the basis of the information provided by the competent authorities.
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