# OB-ENF-005 — Maximum fine of at least 10% of turnover

> For a breach of the open banking chapter or of Articles 85 to 87 on SCA, national law provides for a fine whose maximum is at least 10% of annual turnover for a legal person and at least EUR 3 million for a natural person.

- Article: PSR 97
- Who is bound: National authority
- Who it is for: Compliance
- Application: 21 months after entry into force, the general application date (Article 112).
- Level 2: No EBA mandate covers this obligation.
- Origin: PSD2, Art. 103

Provisional numbering of the April 2026 compromise (Council doc. 8221/26). The final numbering will be added when the Official Journal publishes the text, without changing the id.

## STET 1.6.3: Out of spec

Sanctions are a matter for national law and the authority.


## Sources

- [Council doc. 8221/26, page 393](https://data.consilium.europa.eu/doc/document/ST-8221-2026-INIT/en/pdf#page=393)
- [Council doc. 8221/26, page 394](https://data.consilium.europa.eu/doc/document/ST-8221-2026-INIT/en/pdf#page=394)

Checked on 2026-10-04. https://openfinanceguide.com/en/dsp3/obligations/ob-enf-005