Appeals of fines imposed by Czech regulators may result in worse penalties
Supreme Administrative Court cf no. 6 Afs 169/2016-42, dated 1 March 2017
Until recently, it was widely thought that if a defendant appealed against a fine imposed by a regulator in administrative proceedings, the fine could not be increased. However, the Czech Supreme Administrative Court has recently ruled that when a regulator's decision is fully vacated on appeal, and the regulator has to reconsider the case in full, the regulator may subsequently impose a higher fine than in the original decision.
Banks should now think twice before they appeal against a fine imposed by a regulator in Czech administrative proceedings.
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