Brief: The Financial Supervisory Authority Imposes Administrative Fine On Aktia Bank For Regulatory Reporting Errors

Aktia Bank Abp

20/11/2020 10:46

Nov 20 (Reuters) - Aktia Bank Abp  AKTIA.HE :
    * REG-THE FINANCIAL SUPERVISORY AUTHORITY IMPOSES
ADMINISTRATIVE
FINE ON AKTIA BANK PLC FOR REGULATORY REPORTING ERRORS
    * FINANCIAL SUPERVISORY AUTHORITY HAS ON 19 NOVEMBER 2020
IMPOSED
A EUR 40.000 ADMINISTRATIVE FINE
    * ERRORS CAUSED NO DAMAGE TO ANY CUSTOMERS
    * AFTER HAVING DISCOVERED ERRORS, BANK HAS IMMEDIATELY TAKEN
MEASURES TO DEVELOP ITS REPORTING PROCESS AND TO AVOID
CORRESPONDING ERRORS GOING FORWARD
    * ERRORS CAUSED NO DAMAGE TO ANY CUSTOMERS.
    * FINE FOR REGULATORY REPORTING ERRORS DURING 1 OCTOBER
2017-31
MARCH 2019 CONCERNING INFORMATION ON FORBEARANCE EXPOSURES

Source text for Eikon:  ID:nGNE2bvYgx 
Further company coverage:  AKTIA.HE 

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