ECB sanctions Nordea subsidiary for breaching limit on large exposures

  • 1 minute reading time

The European Central Bank (ECB) has imposed an administrative penalty of €2.26 million (€2,260,000) on Nordea Finance Finland Ltd (Nordea Rahoitus Suomi Oy) after the bank wrongly reported its largest exposures and breached the large exposures limit.

Continue reading with a PwC Plus-Subscription

  • verified Information source
  • daily updates
  • completely searchable articles (with refiner)
  • tailored alert