Verified9 Aug 2026·Member states27·SourcesPrimary, per row·Our EI can make mistakes — check important info.
There is no EU-wide CSRD fine. CSRD sets no harmonised fine — Article 51 requires each EU member state to set its own penalties in national law. Confirmed maximums range from €5,000 in Ireland to €10,000,000 in Italy. Of the 27 member states, 4 have not yet transposed CSRD at all — including Germany.
23
states transposed
10
with a maximum traced to source
4
not yet transposed
Every figure below is traceable to a national gazette or competent authority. Where a maximum could not be established from primary sources we say so rather than estimate.
Why there is no single EU-wide CSRD fine
CSRD (Directive 2022/2464) sets no harmonised penalty. Article 51 requires each member state to provide penalties that are 'effective, proportionate and dissuasive' in its own national law. The figure that applies to your company is set exclusively by the member state where the reporting obligation arises.
As of August 2026, 10 of the 27 EU member states have a maximum CSRD penalty traceable to a primary legal source, and 4 have not transposed CSRD at all.
As of August 2026, confirmed national maximums range from €5,000 in Ireland to €10,000,000 in Italy — a spread of three orders of magnitude for the same directive.
A figure of “up to 5% of annual revenue” is widely quoted as the EU CSRD penalty. It is not one. A 5%-of-turnover provision exists in the separate CSDDD due diligence directive and in some national transpositions — but CSRD itself sets no EU-level amount.
Confirmed maximum penalties
10 member states where a maximum is traceable to a cited source.
Italy
D.Lgs. 125/2024
€10,000,000
Primary source
Applies to: Administrative fine under Art. 193 TUF, via Art. 10 D.Lgs. 125/2024
Individuals:
€2,000,000
Turnover basis:
5% of annual turnover where turnover exceeds €10,000,000
Authority:
CONSOB
In force:
25 Sept 2024
Transitional regime
For the first two years from entry into force, entity fines are capped at €2,500,000 (€150,000 for natural persons, €125,000 for audit firms).
The €10M maximum is not what applies today. Until 25 September 2026 the transitional cap of €2.5M is in force.
Applies to: Geldbuße under HGB §334 Abs. 3a Nr. 1 — capital-market-oriented companies
Turnover basis:
5% of annual Gesamtumsatz (HGB §334 Abs. 3a Nr. 2)
Authority:
BaFin / Bundesamt für Justiz
Germany has NOT transposed CSRD and is subject to infringement proceedings. The €10M figure is the existing HGB §334 penalty for capital-market-oriented companies, in force today for statutory accounts. The draft CSRD-UmsG would extend it to the sustainability report — that extension is not law yet.
Applies to: Zwangsstrafe under §284 UGB — €3,600 (small companies) or €7,000 (medium and large) per violation; on repeat within five years, up to €20,000 (medium) or €50,000 (large). The fines apply to reporting documents with a balance-sheet date after 31 March 2026
Authority:
Firmenbuchgericht
In force:
19 Feb 2026
Transitional regime
For the first three financial years, content-related coercive fines apply only after a final court correction order is ignored.
Austria transposed late — NaBeG entered into force on 19 February 2026, though the fines only apply to balance-sheet dates after 31 March 2026. The RIS gazette was unreachable on earlier attempts and these tiers rested on secondary analyses; it was read directly on 10 August 2026 and every amount here now comes from the enacted text. §284 UGB, as replaced by NaBeG, sets coercive fines of up to €7,000, or €3,600 for a small company, escalating under §24(5) FBG to €20,000 for a medium and €50,000 for a large company. No turnover-based alternative appears anywhere in the act. A €100,000 tier does exist in the enacted NaBeG — an earlier version of this row was wrong to say it does not — but it sits in the separate third-country undertaking reporting act the same law creates, where it applies to public-interest entities under §189a Z 1 UGB. It is not part of the domestic regime this row describes, so the ceiling for an Austrian company remains €50,000.
Applies to: Administrative fine by the General Commercial Registry (GEMI), from a €100 floor
Individuals:
€50,000
Authority:
GEMI / ELTE
In force:
12 Dec 2024
Natural-person fines run from a €5,000 floor up to €50,000, with imprisonment of up to three years possible. Art. 57 of Law 5255/2025 (28 Nov 2025) suspends the later reporting waves to 2028/29 and the Art. 14A third-country regime to 6 Jan 2030. Two things were established by reading Law 5164/2024 itself (ΦΕΚ A 202/12.12.2024) on 10 Aug 2026, and both are why this row stays at medium. First, the law does not set this fine: it transposes the directive and hands sanctions to Arts. 178–179 of Law 4548/2018, so the €100–€100,000 administrative fine attributed to GEMI has its home in another statute that has not been line-read here. Second, the €500,000 widely quoted for Greece is not a fine on a company that fails to report — it is the ELTE ceiling on audit *firms*, alongside €100,000 on individual auditors, doubling on repeat. Quoting it as the corporate maximum overstates a reporting company's exposure fivefold.
Applies to: Criminal fine on officers, directors and auditors acting knowingly, from a €50 floor — nominal amounts, multiplied by the penal surcharge (décimes additionnels)
Individuals:
€10,000
Authority:
Enterprise courts / FSMA (listed companies)
In force:
30 Dec 2024
The €50–€10,000 range is nominal. Belgium's penal surcharge multiplies criminal fines by 10 since the Act of 19 Dec 2025 (by 8 before 2026), so the effective range is about €500 to €100,000. Fraudulent breaches carry imprisonment of one month to one year. For listed companies the FSMA has a separate administrative enforcement track, so the criminal maximum is not necessarily the total exposure. The law of 12 Dec 2025 transposes the stop-the-clock deferral (wave 2 to FY2027, wave 3 to FY2028) without changing the penalties.
Applies to: Category 3 offence — failure to file a compliant directors' report
Individuals:
€50,000
Authority:
CRO / courts
In force:
6 Jul 2024
Ireland created no separate CSRD penalty — existing Companies Act 2014 offence categories apply. A knowingly false statement is a Category 2 offence: up to €50,000 and/or 5 years on indictment (€5,000 and/or 12 months on summary conviction). The €500,000 / 10-year maximum sometimes quoted is Category 1 — the Act's top category, not the false-statement offence. S.I. 309/2025 (11 Jul 2025) transposed the stop-the-clock deferral without changing penalties. Category maxima follow CRO Leaflet 29; the irishstatutebook.ie text returned an access error on 9 Aug 2026.
Accountancy Act (Закон за счетоводството), Arts. 72 & 75
BGN 15,000
Primary source
Applies to: Property sanction on the undertaking for sustainability-report breaches (Arts. 72, 75)
Authority:
NRA or ADFI; penal decrees issued by the Minister of Finance
Read from Държавен вестник (issue 72, 27 Aug 2024) on 10 Aug 2026. §24 inserts a new Art. 72(2): a person who fails to include the sustainability report in the management report, or the consolidated report in the consolidated management report, or does not keep to the required format, is fined BGN 1,000–3,000, «а на предприятието се налага имуществена санкция в размер от 2000 до 15 000 лв.» — a property sanction of BGN 2,000–15,000 on the undertaking. So the ceiling penalises the missing report itself, not a general accounting failure. General accounting breaches are a different and much lower tier — BGN 300–2,000 on the undertaking, BGN 200–1,000 on individuals — sitting in the Act's catch-all Art. 77, not Arts. 72/75. Repeat offences within a year double the amount.
Applies to: Misdemeanour fine on the legal entity, from a €1,320 floor (Art. 60, items 32–34)
Individuals:
€2,650
Authority:
Financial Inspectorate / Fina
In force:
27 Jul 2024
Read from Narodne novine on 10 Aug 2026. Art. 60(1) of NN 85/2024 reads «Novčanom kaznom u iznosu od 1320,00 eura do 13.270,00 eura kaznit će se za prekršaj poduzetnik odnosno pravna i fizička osoba», and items 32–34 of that list are the sustainability-report offences: failing to prepare the report (Arts. 29/30), the consolidated report (Art. 32), and the Art. 35 report. Earlier summaries cited Art. 42, which is the old Act's numbering and now covers CbCR report content, carrying no fines. The responsible individual's fine runs from a €660 floor up to €2,650. Later amendments — NN 145/24, NN 151/25 (stop-the-clock; penalties untouched) and NN 59/26 — leave the amounts unchanged.
Act 105/2024 amending the Accounting Act 431/2002, §38(1)(p)
€100,000
Primary source
Applies to: €100 to €100,000 — §38(1)(p) covers breaches of §§20 to 20i, the sustainability reporting provisions, and is penalised under §38(2)(f)
Authority:
Daňový úrad
In force:
1 Jun 2024
A separate and much larger tier sits nearby: §38(2)(b) sets up to 2% of total assets, capped at €1,000,000, for the offences in §38(1)(b) to (f) — which include failing to have the sustainability information assured and failing to file it in the register. The larger figure attaches to not assuring or not filing the report, not to what the report says. Earlier versions of this row showed €3,000,000 and then €1,000,000; both were wrong. The €100,000 figure was read from the consolidated Accounting Act as in force 1 June 2026, and the same wording appears in every version since 1 June 2024. The 1 June 2026 amendment adds §39zg, transposing Omnibus I, and leaves §38 untouched. A Securities Act amendment in force 10 Jul 2025 transposes stop-the-clock (wave 2 to FY2027, wave 3 to FY2028), also without touching the fines.
Applies to: Fine on a large company, from a EUR 6,000 floor. Scaled by company size: medium EUR 4,000-20,000, small EUR 1,000-10,000
Individuals:
€2,500
Authority:
AJPES / courts
In force:
18 Dec 2024
Slovenia is one of the few member states to scale the fine by company size rather than setting a single maximum. All four tiers were confirmed in the gazette — Uradni list RS 102/2024, item 3204, in force 18 Dec 2024. The later ZGD-1N amendment (in force 8 Oct 2025) defers wave 2 to FY2027 and wave 3 to FY2028 without changing the fines.
Where CSRD has not been transposed there is no national CSRD penalty regime in force. Exposure comes from pre-existing company and accounting law instead.
Germany
Germany has NOT transposed CSRD and is subject to infringement proceedings. The €10M figure is the existing HGB §334 penalty for capital-market-oriented companies, in force today for statutory accounts. The draft CSRD-UmsG would extend it to the sustainability report — that extension is not law yet.
Spain
Transposition bill before the Congreso since November 2024, not enacted. The €1.5M figure circulating online could not be traced to a primary source for CSRD.
Portugal
No transposition measures published.
Luxembourg
Bill 8370 pending since March 2024.
All 27 member states
Ranked by confirmed maximum. Amounts are shown in their national currency and are never converted — Hungary and Bulgaria are ranked using an indicative conversion, but the figure you see is the one in the statute.
Link to any row: xgesg.info/csrd-penalties-by-country#de
CSRD transposition status and maximum entity penalty by EU member state, ranked by penalty size. Last reviewed 9 Aug 2026.
Member state
Maximum entity penalty
Transposition status and evidence
ITItaly
€10,000,000
Transposed
DEGermany
€10,000,000
Not transposed
GRGreece
€100,000
Transposedreported, not gazette-verified
SKSlovakia
€100,000
Transposed
ATAustria
€50,000
Transposed
SISlovenia
€30,000
Transposed
HRCroatia
€13,270
Transposed
BEBelgium
€10,000
Transposed
BGBulgaria
BGN 15,000
Transposed
IEIreland
€5,000
Transposed
CYCyprus
no figure traced
Transposed
CZCzechia
no figure traced
Transposed
DKDenmark
no figure traced
Transposed
EEEstonia
no figure traced
Transposed
FIFinland
no figure traced
Transposed
FRFrance
no fine on the report
Transposed
HUHungary
no figure traced
Transposed
LVLatvia
no figure traced
Transposed
LTLithuania
no figure traced
Transposed
MTMalta
no figure traced
Transposed
NLNetherlands
no figure traced
Transposed
PLPoland
no figure traced
Transposed
RORomania
no figure traced
Transposed
SESweden
no figure traced
Transposed
LULuxembourg
no figure traced
Not transposed
PTPortugal
no figure traced
Not transposed
ESSpain
no figure traced
Not transposed
“No figure traced” means we could not establish a maximum from a national gazette or competent authority. It does not mean no penalty exists — it means we will not publish a number we cannot evidence. “No fine on the report” is the opposite and much rarer: the state transposed and created no fine, so the blank is the finding rather than a gap in ours.
Where these figures come from
Methodology
Every figure on this page traces to a national official gazette or the competent regulator’s own publication; law-firm and vendor summaries were used for corroboration only, never as a sole source. Each row carries a source grade — “primary source”, “secondary source” or “no primary source located” — and where sources conflicted or no primary text could be found, the entry is marked “no figure traced” rather than estimated. Transitional regimes are recorded separately, because the headline maximum is frequently not the number in force today — Italy is the clearest example. Amounts are given in their native currency and are not converted. CSRD penalties are kept strictly distinct from CSDDD, from legacy NFRD provisions, and from national due-diligence laws such as France’s Loi de Vigilance and Germany’s LkSG. All figures were last checked on 9 Aug 2026.
Last reviewed 9 Aug 2026. Regulations change — check the linked primary source before relying on any figure for a compliance decision. This page is information, not legal advice.
CSRD is one of the regulations tracked in the XG regulation database — obligations, deadlines and penalties across every jurisdiction in the corpus.
The Omnibus package changed the thresholds in December 2025. Our checker walks through jurisdiction, entity type and size to tell you which wave you fall into — in about two minutes.
Penalty figures are general information about published national law, not legal, financial or regulatory advice, and reading this page does not create a professional relationship. They were checked on the date shown above and can change without notice. Confirm against the primary source linked in each row, and take advice on your own circumstances, before acting. See our terms.
