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# Article 8 — Limitation periods for the enforcement of penalties

**Commission Delegated Regulation (EU) 2022/803 · binding · OJ L 145, 24.5.2022 · dated 16 Feb 2022 [in force]**

*In force · Consolidated version of 22 September 2025 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02022R0803-20250922)*

1. <a id="art-8-p-1"></a>The power of ESMA to enforce decisions taken pursuant to Articles 38h and 38i of Regulation (EU) No 600/2014 shall be subject to a limitation period of five years.
1. <a id="art-8-p-2"></a>The limitation period referred to in paragraph 1 shall be calculated from the day following that on which the decision becomes final.
1. <a id="art-8-p-3"></a>The limitation period for the enforcement of penalties shall be interrupted by:

    <a id="art-8-p-3-a"></a>**(a)** a notification by ESMA to the person subject to the proceedings, of a decision varying the original amount of the fine or periodic penalty payment;

    <a id="art-8-p-3-b"></a>**(b)** any action of ESMA, or of a national competent authority acting at the request of ESMA in accordance with Article 38o of Regulation (EU) No 600/2014, designed to enforce payment or payment terms and conditions of the fine or periodic penalty payment.

1. <a id="art-8-p-4"></a>Each interruption referred to in paragraph 3 shall restart the limitation period.
1. <a id="art-8-p-5"></a>The limitation period for the enforcement of penalties shall be suspended for so long as:

    <a id="art-8-p-5-a"></a>**(a)** time to pay is allowed;

    <a id="art-8-p-5-b"></a>**(b)** enforcement of payment is suspended pursuant to a pending decision of ESMA Board of Appeal in accordance with Article 60 of Regulation (EU) No 1095/2010, and a review by the Court of Justice of the European Union in accordance with Article 38m of Regulation (EU) No 600/2014.
