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Regulation (EC) No 985/2001 of the European Central Bank of 10 May 2001 amending Regulation ECB/1999/4 on the powers of the European Central Bank to impose sanctions (ECB/2001/4)

Regulation (EC) No 985/2001 of the European Central Bank of 10 May 2001 amending Regulation ECB/1999/4 on the powers of the European Central Bank to impose sanctions (ECB/2001/4)

Regulation (EC) No 985/2001 Β· Regulation Β· 2 articles

Data as of 2026-07-04 Β· Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Β· Read the official text β†—

Article 1

Amendments to Regulation ECB/1999/4 Article 9(5) of Regulation ECB/1999/4 shall be replaced by the following wording: "5. The national central bank concerned or the ECB, as the case may be, shall store all the information relevant to the determination and enforcement of the sanction in a file that be kept for at least five years from the date on which the decision on the imposition of the sanction becomes final. The competent national central bank shall forward to the ECB copies of all original documentation and materials in its possession relating to the infringement procedure."

Article 2

Entry into force This Regulation shall enter into force on the 24th day of the month following the month of its publication in the Official Journal of the European Communities. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Frankfurt am Main, 10 May 2001. On behalf of the Governing Council of the ECB The President Willem F. Duisenberg (1) OJ L 318, 27.11.1998, p. 4. (2) European Central Bank Regulation (EC) No 2157/1999, OJ L 264, 12.10.1999, p. 21.

Source: EUR-Lex (Publications Office of the EU), Β© European Union, reuse permitted under Commission Decision 2011/833/EU.

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