Conventions on penalties for infringements of Regulation (EC) No (EC) of the European Parliament and of the Council. 146/2012 of 14. March 2012 on short selling and certain aspects of credit default swaps 1)

In accordance with section 93 (2), 5, in the Act on securities trading, etc., cf. Law Order no. 855 of 17. August 2012 shall be determined :

§ 1. Unless higher penalties have been imposed on the other legislation, the penalty shall be punished by fine, which violates the following provisions of Regulation (EC) No 2 of the European Parliament and of the Council. 146/2012 of 14. March 2012 on short selling and certain aspects of credit default swaps

1) Article 5 (5), 1,

2) Article 6 (1). 1,

3) Article 7 (2) ; 1,

4) Article 8,

5) Article 9 (1). 1-3,

6) Article 12 (2) ; 1,

7) Article 13 (1). 1,

8) Article 14 (2) ; 1,

9) Article 15 (1). 1-2, or

10) Article 17 (1). 9-11,

Paragraph 2. Unless higher penalties have been imposed on the other legislation, the penalty shall be penalised for the non-compliance imposed by the Financial Regulation pursuant to Article 19 (1). 2, in Regulation (EC) No, of the European Parliament and of the 146/2012 of 14. March 2012 on short selling and certain aspects of credit default swaps.

Paragraph 3. Unless higher penalties have been imposed on the other legislation, the penalty shall be punished by the penalty imposed on the prohibition or the conditions laid down by the Financial supervision referred to in Article 20 (2). 2, in Regulation (EC) No, of the European Parliament and of the 146/2012 of 14. March 2012 on short selling and certain aspects of credit default swaps.

Paragraph 4. Unless higher penalties are imposed on the other legislation, penalties shall be penalised by the penalty imposed by the Financial Regulation pursuant to Article 21 of the Regulation (EC) No 2 of the European Parliament and of the Council (EC) No 14720/20. 146/2012 of 14. March 2012 on short selling and certain aspects of credit default swaps.

§ 2. Companies can be imposed on companies, etc. (legal persons) punishable by the rules of the penal code 5. Chapter.

§ 3. The announcement shall enter into force on 1. February, 2013.

1) The commotion contains penalties necessary to enforce certain provisions of Regulation (EC) No 2 of the European Parliament and of the Council. 326/2012 of 14. March 2012 on short selling and certain aspects of credit default swaps, EU-Official Journal 2012, nr. L 86, s. 1.