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By 18 July 2029, EBA shall submit a report to the Commission on the cooperation between competent authorities in the context of the application of administrative penalties, periodic penalty payments and other administrative measures. In addition, EBA shall assess any divergences in the application of administrative penalties between competent authorities in that respect. In particular, EBA shall assess: (a) the level of cooperation between competent authorities in the context of penalties applicable to cross-border cases or in the case of accumulation of administrative and criminal proceedings; (b) the exchange of information between competent authorities when dealing with cross-border cases; (c) best practices developed by any competent authority which might be of benefit for other competent authorities to adopt in the area of administrative penalties, periodic penalty payments and other administrative measures; (d) the effectiveness and the degree of convergence reached with regard to the enforcement of national provisions transposing this Directive and Regulation (EU) No 575/2013, including the administrative penalties, periodic penalty payments and other administrative measures imposed on natural or legal persons identified as responsible for the breach under national law.’

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Source: EUR-Lex CELLAR · retrieved 2026-09-04