ESMA - Report on Sanctions and measures imposed in Member States in 2024
ESMA has published its second consolidated report on sanctions and measures imposed in Member States in 2024.
In 2024, more than 970 administrative sanctions and measures were imposed across Member States in financial sectors under ESMA’s remit. The number of administrative sanctions and measures remained stable compared to 2023. The aggregated value of administrative fines increased comparing to 2023 and amounted to more than EUR 100 million. Similarly to last year, the highest amounts of administrative fines were imposed under the Market Abuse Regulation and the Markets in Financial Instruments Directive. More than 60% of all administrative sanctions and measures imposed in 2024 were administrative fines and 10% were issued using settlement procedures. Settlements amounted to more than EUR 20 million.
Overall, the data show discrepancies in the use of sanctioning powers across Member States, for example, in terms of amounts of fines, number and types of sanctions and measures and use of settlements
