1.   The amounts of fines and periodic penalty payments collected by the EBA shall be lodged to an interest-bearing account opened by the EBA until they become final. In the case of multiple fines and periodic penalty payments collected by the EBA in parallel, the EBA shall ensure that they are lodged to different accounts or subaccounts. Fines and periodic penalty payments paid shall not be entered into the EBA’s budget or recorded as budgetary amounts.

2.   Once the EBA has established that the fines or periodic penalty payments have become final following the exhaustion of all appeal rights, the EBA shall transfer those amounts and potential interest accruing to the Commission. Those amounts shall then be entered in the general budget of the Union.

3.   The EBA shall report on a regular basis to the Commission on the amounts of fines and periodic penalty payments imposed and their status.