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
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
- From 17 Sept 2014
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