Source: OJ L 150, 9.6.2023, pp. 40–205

Current language: FR

Article 136 Contrôle de la Cour de justice


Summary What does Article 136 of the MiCA regulation say?

This brief but significant article addresses the judicial oversight of EBA's enforcement decisions, specifically those involving fines, periodic penalty payments, and other administrative penalties or measures.

It establishes that the Court of Justice holds unlimited jurisdiction to review such decisions, and crucially, grants the Court the power not only to annul them but also to adjust the financial penalties imposed — either upward or downward.

This article sits within the broader enforcement framework and acts as a check on EBA's supervisory powers, which are set out in surrounding articles such as Articles 131 and 132.

Important points:

  • The Court of Justice has unlimited jurisdiction to review any EBA decision imposing a fine, periodic penalty payment, or other administrative measure under this Regulation.
  • The Court may annul, reduce, or increase any fine or periodic penalty payment — its review powers are not limited to simply upholding or striking down decisions.
  • This article applies specifically to EBA's enforcement decisions, making it a judicial counterbalance to EBA's sanctioning authority.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

La Cour de justice statue avec compétence de pleine juridiction sur les recours formés contre les décisions par lesquelles l’ABE a imposé une amende, une astreinte ou une sanction administrative ou une autre mesure administrative conformément au présent règlement. Elle peut annuler, réduire ou majorer l’amende ou l’astreinte imposée.

We're continuously improving our platform to serve you better.

Your feedback matters! Let us know how we can improve.

Found a bug?

Springflod is a Swedish boutique consultancy firm specialising in cyber security within the financial services sector.

We offer professional services concerning information security governance, risk and compliance.

Crafted with ❤️ by Springflod