{
  "url": "https://openlegislation.uk/eu-regulation-1999-2157/article-10",
  "json_url": "https://openlegislation.uk/eu-regulation-1999-2157/article-10.json",
  "legislation": "eur/1999/2157",
  "legislation_title": "European Central Bank Regulation (EC) No 2157/1999 of 23 September 1999 on the powers of the European Central Bank to impose sanctions (ECB/1999/4)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-1999-2157",
  "path": "article/10",
  "kind": "article",
  "number": "10",
  "heading": "Simplified procedure for minor infringements",
  "text": "1. In the event of a minor infringement the Executive Board of the ECB may decide to apply a simplified infringement procedure. The sanction to be imposed under this procedure shall not exceed EUR 25 000.\n2. The simplified procedure shall entail the following steps:\n(a) the Executive Board of the ECB shall notify the undertaking concerned of the alleged infringement;\n(b) the notification shall contain all the facts which constitute the evidence of the alleged infringement and the corresponding sanction;\n(c) the notification shall inform the undertaking concerned of the fact that the simplified procedure is being applied and of its right to object to this procedure within 10 working days of receipt of the notification; and\n(d) if an objection is raised before the deadline laid down in (c) above, the infringement procedure shall be deemed to be initiated and the time limit of 30 working days within which it is possible to exercise the right to be heard shall start as from expiry of the deadline laid down in (c) above. If no objection is raised before the deadline laid down in (c) above, the decision of the Executive Board of the ECB on the imposition of a sanction becomes final.\n3. This Article shall be without prejudice to the procedure applicable in the event of non-compliance with minimum reserve requirements as laid down in Article 11 of this Regulation.\n4. This Article shall not apply to sanctions for infringements of ECB regulations and decisions in the field of oversight of systemically important payment systems.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Inserted by Regulation (EU) 2017/2095 of the European Central Bank of 3 November 2017 amending Regulation (EC) No 2157/1999 on the powers of the European Central Bank to impose sanctions (ECB/2017/34)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/1999/2157/article/10",
    "retrieved_at": "2026-11-01T14:57:41.352821+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}