3.2.2015 Official Journal of the European Union L27/1 II (Non-legislative acts) REGULATIONS COUNCIL REGULATION (EU) 2015/159 of 27 January 2015 amending Regulation (EC) No 2532/98 concerning the powers of the European Central Bank to impose sanctions THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on the Functioning of the European Union, and in particular Article 132(3) thereof, Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Article 34.3 thereof, Having regard to the Recommendation of the European Central Bank (%), Having regard to the opinion of the European Parliament (3), Having regard to the opinion of the European Commission (%), Acting in accordance with the procedure laid down in Article 129(4) of the Treaty and in Article 41 of the Statute of the European System of Central Banks and of the European Central Bank, Whereas: (1)  Regulation (EC) No 2532/98 (% is founded on Article 132(3) TFEU and Article 34.3 of the Statute of the European System of Central Banks and of the European Central Bank (hereinafter the ‘Statute’) that empower the Council to establish the limits and the conditions for the European Central Bank (hereinafter the ‘ECB’) to impose fines or periodic penalty payments on undertakings for failure to comply with obligations under its regulations and decisions. The content of Regulation (EC) No 253298 should therefore be confined to the infringements of regulations and decisions adopted by the ECB. For infringements of directly applicable Union law, other than regulations and decisions adopted by the ECB, the relevant provisions laid down by Regulation (EU) No 1024/2013 (°) should apply. (2)  The ECB has applied Regulation (EC) No 2532/98 to impose sanctions in its various fields of competence, including in particular the implementation of the monetary policy of the Union, the operation of payment systems and the collection of statistical information. (3)  Regulation (EU) No 1024/2013 vested the ECB with some supervisory tasks and entitled the latter to impose on the credit institutions it supervises: (a) administrative pecuniary penalties when these institutions breach a requirement under directly applicable Union law in relation to which administrative pecuniary sanctions shall be ) O] C144,14.5.2014,p. 2. %) Opinion delivered on 26 November 2014 (not yet published in the Official Journal). Opinion delivered on 18 December 2014 (not yet published in the Official Journal). Council Regulation (EC) No 2532/98 of 23 November 1998 concerning the powers of the European Central Bank to impose sanctions (OJ L 318,27.11.1998, p. 4). () Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions (OJ L 287, 29.10.2013, p. 63). 4) () () () ()