Sanctions
Article 15
In the event of a breach of this Regulation, the ECB may impose sanctions on supervised entities in accordance with Council Regulation (EC) No 2532/98 ( 5 ) complemented by Regulation (EU) No 468/2014 (ECB/2014/17).
Regulation (EU) No 1163/2014 PART VI — FINAL PROVISIONS
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
Transitional provisions
Article 16
1. The fee notice for the first fee period shall be issued together with the fee notice for the 2015 fee period. 2. To enable the ECB to start levying the annual supervisory fee, each group of fee-paying entities shall nominate the fee debtor for the group and shall notify the identity of the fee debtor to the ECB by 31 December 2014, in accordance with Article 4(2). 3. The fee debtor shall submit the data mentioned in Article 13(1) for the first time by 1 March 2015.
Report and review
Article 17
1. In accordance with Article 20(2) of Regulation (EU) No 1024/2013, the ECB shall submit a report on the envisaged evolution of the structure and amount of the annual supervisory fees each year to the European Parliament, the Council of the European Union, the European Commission and the Euro Group. 2. The ECB shall conduct a review of this Regulation, in particular regarding the methodology and criteria for calculating the annual supervisory fees to be levied on each supervised entity and group, by 2017.
Entry into force
Article 18
This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union .
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