FSR, Article 17, NO

1. The Commission may, by decision, impose fines or periodic penalty payments where an undertaking or an association of undertakings, intentionally or negligently:

(a)

supplies incomplete, incorrect or misleading information in response to a request for information under Article 13, or does not supply the information within the prescribed time limit;

(b)

produces the required books or other records related to the business in incomplete form during inspections under Article 14;

(c)

in response to a question asked in accordance with Article 14(2), point (c):

(i)

gives an incorrect or misleading answer;

(ii)

fails to rectify within a time-limit set by the Commission an incorrect, incomplete or misleading answer given by a member of staff; or

(iii)

fails or refuses to provide a complete answer on facts relating to the subject-matter and purpose of an inspection ordered by a decision adopted pursuant to Article 14(3);

(d)

Official source

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Source: NovaCopilot