{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"from:2023-03-23","held_since":"2023-03-23","gaps":[],"covered":["MiFID II L1"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","release_published":"2026-11-01T16:41:30Z","checked_at":"2026-09-28","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/mifid-ii/recitals/145","url":"https://www.headlesslaw.com/mifid-ii/recitals/145","title":"Recital 145","family":"l1_recital_view","work_id":"mifid2","view_of":"/mifid-ii/recitals","status":"in_force","force_status":"in_force","date_state":"current","requested_date":null,"as_of":"2026-11-02","applies_from":null,"application":null,"version_label":"Directive 2014/65/EU, OJ L 173, 12.6.2014","check":{"against":"EUR-Lex","on":"2026-09-28"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32014L0065","valid_from":"2023-03-23","valid_until":null,"content_id":"7056134cc7c14485","versions":["2023-03-23"],"version_url":"https://www.headlesslaw.com/mifid-ii/recitals/145/versions/2023-03-23","revision_url":"https://www.headlesslaw.com/mifid-ii/recitals/145/versions/2023-03-23/rev/7056134cc7c14485","versions_url":"https://www.headlesslaw.com/mifid-ii/recitals/145/versions","relations_url":"https://www.headlesslaw.com/mifid-ii/recitals/145/relations","act_url":"https://www.headlesslaw.com/mifid-ii/recitals","source_line":null,"attribution":null,"context":{"act":{"work_id":"mifid2","path":"/mifid-ii/recitals","name":"MiFID II","number":"Directive 2014/65/EU","celex":"32014L0065","title_official":null,"document_date":null},"position":{"kind":"recital","key":"145","index":145,"articles":170,"annexes":0},"prev":{"path":"/mifid-ii/recitals/144","key":"144","title":"Recital 144"},"next":{"path":"/mifid-ii/recitals/146","key":"146","title":"Recital 146"},"act_anchor":""}},"provenance":{"official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32014L0065","check":{"result":"matched","checked_at":"2026-09-28","against":"EUR-Lex"},"repo_path":"spaces/mifid-ii/recitals.md","unit_text_sha256":"1f576c12f9ab37c82467a9b1a25183899a30d8ee8f4fdecf88f4eff468363178","note":"the unit is a byte-exact part of the act page, whose check record covers it"},"unit":{"locator":"mifid2/recitals/rec/145","kind":"recital","key":"145","heading":"","text":"In order to ensure a consistent application of sanctions across the Union, Member States should be required to ensure that when determining the type of administrative sanctions or measures and the level of administrative fines, the competent authorities take into account all relevant circumstances.","marks":[],"text_hash":"1f576c12f9ab37c82467a9b1a25183899a30d8ee8f4fdecf88f4eff468363178","revision":1,"blocks":[{"locator":"mifid2/recitals/rec/145/block/1","text_hash":"1f576c12f9ab37c82467a9b1a25183899a30d8ee8f4fdecf88f4eff468363178","revision":1}]}}