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EU · MiFID II · TITLE VI COMPETENT AUTHORITIES · CHAPTER I Designation, powers and redress procedures

Article 72 MiFID IIExercise of supervisory powers and powers to impose sanctions

In force
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AI-generated What this provision does

Competent authorities may exercise their supervisory and sanctioning powers directly, with other authorities, through delegated entities or by applying to courts, and must set sanctions taking account of gravity and duration, responsibility, financial strength, profits gained or losses avoided, losses to third parties, cooperation and previous breaches.

Commentary

No law-firm commentary is linked to this provision yet.

393 more documents relate to MiFID II as a whole without naming an article.

UK counterpart

UK transposition not traced in the FCA Handbook. It may sit in FSMA, the Regulated Activities Order or SI 2017/701, which are not yet mapped.

Version history

  1. From 17 Sept 2014

Each entry is a consolidated version of the act on EUR-Lex in which this provision appears. The text itself is on the official site.