Commission Delegated Regulation (EU) 2017/389 Article 2

Calculation of cash penalties

Article 2

The level of cash penalties referred to in the third subparagraph of Article 7(2) of Regulation (EU) No 909/2014 for settlement fails of transactions in a given financial instrument shall be calculated by applying the relevant penalty rate set out in the Annex to this Regulation to the reference price of the transaction determined in accordance with Article 3 of this Regulation.

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Other provisions in Commission Delegated Regulation (EU) 2017/389

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

CitationArticle 2 of Commission Delegated Regulation (EU) 2017/389 (LawPlayer, data as of 2026-07-04)

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