Article 54 Sanctions

Article 54

►C1  In accordance with Section 3 of Chapter 1 of this Title, ◄ Member States shall ensure that administrative sanctions or other administrative measures aiming to end or mitigate breaches of the laws, regulations or administrative provisions transposing this Chapter or to address the causes of such breaches may be imposed on investment holding companies, mixed financial holding companies and mixed‐activity holding companies, or their effective managers.