Article 8 Review of the decision by the Governing Council of the ECB
United Kingdom
1.
The Governing Council of the ECB may request the undertaking concerned, the Executive Board of the ECB and/or the competent national central bank to provide additional information in order to review the decision of the Executive Board of the ECB.
2.
The Governing Council of the ECB shall fix a time-limit by which the information shall be provided, but this shall be no fewer than 10 working days.
F13.
In carrying out the review, the Governing Council may:
(a)
confirm the decision of the Executive Board;
(b)
amend the decision of the Executive Board by modifying the amount of the sanction to be imposed and/or the grounds giving rise to an infringement;
(c)
set aside the decision of the Executive Board.