http://www.legislation.gov.uk/eur/2014/909/article/64/2020-12-31Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012 (Text with EEA relevance)Regulation (EU) No 909/2014 of the European Parliament and of the CouncilRegulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012 (Text with EEA relevance)King's Printer of Acts of Parliamenthttps://webarchive.nationalarchives.gov.uk/eu-exit/https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014R0909-20160701texttext/xmlen2024-05-19Expert Participation2020-12-31 TITLE V <Strong>SANCTIONS</Strong> Effective application of sanctionsArticle 64... When determining the type and level of administrative sanctions or other measures, the competent authority must take into account all relevant circumstances, including, where appropriate:the gravity and the duration of the infringement;the degree of responsibility of the person responsible for the infringement;the financial strength of the person responsible for the infringement, for example as indicated by the total turnover of the responsible legal person or the annual income of the responsible natural person;the importance of the profits gained, losses avoided by the person responsible for the infringement or the losses for third parties derived from the infringement, insofar as they can be determined;the level of cooperation of the person responsible for the infringement with the competent authority, without prejudice to the need to ensure disgorgement of profits gained or losses avoided by that person;previous infringements by the person responsible for the infringement.Words in Art. 64 omitted (31.12.2020) by virtue of The Central Securities Depositories (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1320), regs. 1(3), 21(4)(a) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)Word in Art. 64 substituted (31.12.2020) by The Central Securities Depositories (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1320), regs. 1(3), 21(4)(b) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)Word in Art. 64 inserted (31.12.2020) by The Central Securities Depositories (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1320), regs. 1(3), 21(4)(c) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)
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... When determining the type and level of administrative sanctions or other measures, the competent
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Words in
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omitted (31.12.2020) by virtue of
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,
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,
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(with savings in
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,
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);
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,
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Word in
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substituted (31.12.2020) by
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,
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,
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(with savings in
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,
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);
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,
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Word in
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inserted (31.12.2020) by
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,
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,
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(with savings in
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,
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);
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,
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