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Text as of 23 Mar 2023 · Directive 2014/65/EU, OJ L 173, 12.6.2014 · Same wording as today’s text.Today’s text

Recital 142

Financial servicesLevel 1DirectiveMiFID IIIn forceOfficial source

In particular, competent authorities should be empowered to impose fines which are sufficiently high to offset the benefits that can be expected and to be dissuasive even for larger institutions and their managers.