Article 53Notification duties

Member States must notify the laws, regulations and administrative provisions implementing Chapter VII, including any relevant criminal law provisions, to the Commission, ESMA, the EBA and EIOPA by 17 January 2025, and must notify any later amendments without undue delay. The first date has passed; the duty to notify amendments continues.

Chapter VII’s penalties and remedial measures operate through national law (Articles 50 to 52), and this article is how the Commission and the ESAs are told what each Member State has adopted. The article does not say that the notified instruments are published. It is the national rules themselves, not the notification, that set what a breach costs in each Member State.