2. — Directive (EU) 2019/2162 of the European Parliament and of the Council of 27…

2.

Directive (EU) 2019/2162 of the European Parliament and of the Council of 27 November 2019 on the issue of covered bonds and covered bond public supervision and amending Directives 2009/65/EC and 2014/59/EU (Text with EEA relevance) · European Union

The penalties and measures referred to in paragraph 1 shall be effective, proportionate and dissuasive and shall include at least the following: a withdrawal of permission for a covered bond programme; a public statement which indicates the identity of the natural or legal person and the nature of the breach in accordance with Article 24; an order requiring the natural or legal person to cease the conduct and to desist from a repetition of that conduct; administrative pecuniary penalties.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.