TITLE VIIPRUDENTIAL SUPERVISION

CHAPTER 3Supervision on a consolidated basis

Section IIFinancial holding companies, mixed financial holding companies and mixed-activity holding companies

Article 126Penalties

In accordance with Chapter 1, Section IV of this Title, Member States shall ensure that administrative penalties or other administrative measures aiming to end observed breaches or the causes of such breaches may be imposed on financial holding companies, mixed financial holding companies, and mixed-activity holding companies, or their effective managers, that breach laws, regulations or administrative provisions transposing this Chapter.