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Article R612-52 of the French Monetary and Financial Code

When the Commission decides to impose a penalty payment in accordance with the provisions of articles L. 612-39 to L. 612-42, it does so in the same decision. The daily amount may not exceed fifteen thousand euros. In the event of total or partial non-fulfilment or late fulfilment, the Commission shall liquidate the periodic penalty payment that it had ordered. The amount of the penalty payment is calculated taking into…

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