Article 4, Point (19) · Directive (EU) 2026/470

Contents

(1) Article 1 is amended as follows:
(2) Article 2 is amended as follows:
(3) Article 3(1) is amended as follows:
(4) Article 4 is replaced by the following: ‘Article 4 Level o…
(5) Article 6 is amended as follows:
(6) Article 8 is amended as follows:
(7) in Article 9, the following paragraph is added: ‘4.Where p…
(8) in Article 10, paragraph 6 is replaced by the following: ‘…
(9) in Article 11, paragraph 7 is replaced by the following: ‘…
(10) in Article 13, paragraph 3 is amended as follows:
(11) Article 15 is replaced by the following: ‘Article 15 Monit…
(12) in Article 16, paragraph 3 is replaced by the following: ‘…
(13) Article 17 is amended as follows:
(14) Article 18 is replaced by the following: ‘Article 18 Model…
(15) Article 19 is amended as follows:
(16) Article 22 is deleted;
(17) Article 24 is amended as follows:
(18) in Article 25, paragraph 1 is replaced by the following: ‘…
(19) in Article 27, paragraph 4 is replaced by the following: ‘…
(20) Article 29 is amended as follows:
(21) Article 36 is amended as follows:
(22) in Article 37, paragraph 1 is replaced by the following: ‘…

(19)in Article 27, paragraph 4 is replaced by the following:‘4.The Commission, in collaboration with Member States, shall issue guidance to assist supervisory authorities in determining the level of penalties in accordance with this Article. Member States shall ensure that the maximum limit of pecuniary penalties is set at 3 % of the net worldwide turnover of the company in the financial year preceding that of the decision to impose the fine or, in the case of ultimate parent companies as referred to in Article 2(1), points (b) and (c), and in Article 2(2), points (b) and (c), 3 % of the net consolidated worldwide turnover calculated at the level of the ultimate parent company, in the financial year preceding that of the decision to impose the fine.’;