{"release":{"id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","published":"2026-11-10T16:06:46Z","pinned":false},"limits":{"coverage":{"history":"full","held_since":"2012-07-27","gaps":[],"covered":["EMIR L1"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","release_published":"2026-11-10T16:06:46Z","checked_at":null,"checked_against":null},"truncation":{"shown":12,"total":12,"capped":false,"cap":1000,"next_cursor":null},"failures":[],"incomplete":[]},"page":{"path":"/emir/articles/25k","url":"https://www.headlesslaw.com/emir/articles/25k","title":"Article 25k — Periodic penalty payments","work_id":"emir","date_state":"past","as_of":"2025-01-17","relations_url":"https://www.headlesslaw.com/emir/articles/25k/relations"},"as_of":"2025-01-17","counts":{"amended_by:out":1,"refers_to:out":5,"refers_to:in":6},"relations":[{"edge_id":"404daebfc56c3a6a2b2f","scope":"unit","type":"amended_by","direction":"out","resolution":"resolved","basis":"cellar_consolidation_metadata","method":"cellar-inventory","confidence":"single_act","src_from":"2025-01-17","src_until":null,"span":null,"dst_raw":"32022R2554","other":{"work_id":"spaces/dora/level-3/opinions/jc-2025-06-opinion-rts-subcontracting","level":null,"locator":null,"url":null,"title":null,"key":"32022R2554","state_on_date":null},"evidence":{"consolidation":"02012R0648-20250117","incorporates":["32022R2554"]}},{"edge_id":"800176ca2ca23bf0287a","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25f(1)","dst_raw":"eu.emir.article.25f","other":{"work_id":"emir","level":"L1","locator":"emir/art/25f","url":"/emir/articles/25f","title":"Request for information","key":"25f","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25k","source_block_id":"eu.emir.article.25k.paragraph.1.point.b"}},{"edge_id":"e00aefdfadc5fde309bf","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25f","dst_raw":"eu.emir.article.25f","other":{"work_id":"emir","level":"L1","locator":"emir/art/25f","url":"/emir/articles/25f","title":"Request for information","key":"25f","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25k","source_block_id":"eu.emir.article.25k.paragraph.1.point.b"}},{"edge_id":"62c56827e3940817594b","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25g","dst_raw":"eu.emir.article.25g","other":{"work_id":"emir","level":"L1","locator":"emir/art/25g","url":"/emir/articles/25g","title":"General investigations","key":"25g","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25k","source_block_id":"eu.emir.article.25k.paragraph.1.point.c.subpoint.i"}},{"edge_id":"cac94d68341a9d17bc34","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25h","dst_raw":"eu.emir.article.25h","other":{"work_id":"emir","level":"L1","locator":"emir/art/25h","url":"/emir/articles/25h","title":"On-site inspections","key":"25h","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25k","source_block_id":"eu.emir.article.25k.paragraph.1.point.c.subpoint.ii"}},{"edge_id":"75f0545ebe558292f2d2","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25q(1)","dst_raw":"eu.emir.article.25q","other":{"work_id":"emir","level":"L1","locator":"emir/art/25q","url":"/emir/articles/25q","title":"Supervisory measures by ESMA","key":"25q","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25k","source_block_id":"eu.emir.article.25k.paragraph.1.point.a"}},{"edge_id":"0b760c2aa4242e612423","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25k","dst_raw":"eu.emir.article.25k","other":{"work_id":"emir","level":"L1","locator":"emir/art/25g/para/3","url":"/emir/articles/25g#p-3","title":"General investigations","key":"25g(3)","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25g","source_block_id":"eu.emir.article.25g.paragraph.3"}},{"edge_id":"85e880e57555bd75d0ed","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25k","dst_raw":"eu.emir.article.25k","other":{"work_id":"emir","level":"L1","locator":"emir/art/25h/para/3","url":"/emir/articles/25h#p-3","title":"On-site inspections","key":"25h(3)","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25h","source_block_id":"eu.emir.article.25h.paragraph.3"}},{"edge_id":"b2b190234c9a1af67de6","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25k","dst_raw":"eu.emir.article.25k","other":{"work_id":"emir","level":"L1","locator":"emir/art/25f/para/3/pt/e","url":"/emir/articles/25f#p-3-e","title":"Request for information","key":"25f(3)(e)","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25f","source_block_id":"eu.emir.article.25f.paragraph.3.point.e"}},{"edge_id":"c4914985c1cd3d90877b","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25k","dst_raw":"eu.emir.article.25k","other":{"work_id":"emir","level":"L1","locator":"emir/art/25g/para/2","url":"/emir/articles/25g#p-2","title":"General investigations","key":"25g(2)","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25g","source_block_id":"eu.emir.article.25g.paragraph.2"}},{"edge_id":"e28627e07575b0bf5b28","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25k(1)","dst_raw":"eu.emir.article.25k","other":{"work_id":"emir","level":"L1","locator":"emir/art/25/para/7a/pt/g","url":"/emir/articles/25#p-7a-g","title":"Recognition of a third-country CCP","key":"25(7a)(g)","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25","source_block_id":"eu.emir.article.25.paragraph.7a.point.g"}},{"edge_id":"f25248bfae5f49a8173b","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25k","dst_raw":"eu.emir.article.25k","other":{"work_id":"emir","level":"L1","locator":"emir/art/25h/para/4","url":"/emir/articles/25h#p-4","title":"On-site inspections","key":"25h(4)","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.25h","source_block_id":"eu.emir.article.25h.paragraph.4"}}],"not_served":["exempts","derogates_from"],"note":"inverse edges are computed from the stored direction; floating targets are resolved on as_of (other.state_on_date)"}