Article 36e | CRAR | Regulation 1060/2009

Article 36e - Review by the Court of Justice of the European Union

Article 36e

Review by the Court of Justice of the European Union

The Court of Justice of the European Union shall have unlimited jurisdiction to review decisions whereby ESMA has imposed a fine or a periodic penalty payment. It may annul, reduce or increase the fine or periodic penalty payment imposed.

TITLE I - SUBJECT MATTER, SCOPE AND DEFINITIONS (Article 1-5c)

TITLE II - ISSUING OF CREDIT RATINGS (Article 6-13a)

TITLE III - SURVEILLANCE OF CREDIT RATING ACTIVITIES (Article 14-35)

TITLE IIIA - CIVIL LIABILITY OF CREDIT RATING AGENCIES (Article 35a)

TITLE IV - PENALTIES, COMMITTEE PROCEDURE, REPORTING AND TRANSITIONAL AND FINAL PROVISIONS (Article 36-41)

CHAPTER I - Penalties, fines, periodic penalty payments, committee procedure, delegated powers and reporting (Article 36-39b)Article 36 - Penalties Article 36a - Fines Article 36b - Periodic penalty payments Article 36c - Hearing of the persons subject to the proceedings Article 36d - Disclosure, nature, enforcement and allocation of fines and periodic penalty payments Article 36e - Review by the Court of Justice of the European Union Article 37 - Amendments to Annexes Article 38 - Committee procedure Article 38a - Exercise of the delegation Article 38b - Revocation of the delegation Article 38c - Objections to delegated acts Article 39 - Reports Q&A Article 39a - ESMA’s staffing and resources Article 39b - Reporting obligations

CHAPTER II - Transitional and final provisions (Article 40-41)

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Level 2 legal acts

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Article 36e - Review by the Court of Justice of the European Union

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