Sanctions for infringements of the SIPS regulation

Topic area:
Status: 06.02.2017 |
Archived
Key words:
Deposit guarantee, Sanctions
Initiative
Official name
DECISION (EU) 2017/2097 OF THE EUROPEAN CENTRAL BANK of 3 November 2017 on the methodology for calculating sanctions for infringements of the oversight requirements for systemically important payment systems (ECB/2017/35)
Type
Order/Decision
Level 3 / Other
Initiator
ECB
Submitted
20.12.2016
Doc. code
2017/2097
Summary
Status
Status

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Current version
Final version
03.11.2017
Next step
Entry into force and application
Entry into force

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Application date

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Scope
Associated initiatives
Level 1
SIPS Regulation (binding, Main version, EU)
Level 2
Revision of the SIPS regulation (binding, EU)
Second amendment of the SIPS Regulation (binding, Amendment, EU)
Level 3 / Other
Amendment of procedural aspects concerning corrective measures for non-compliance with the SIPS Regulation (non-binding, EU)
Amendment regarding certain powers in relation to oversight of systemically important payment systems (non-binding, EU)

Source: ECB, 2017/2097, 2017