Brief: Arion Banki Says Financial Supervisory Authority Of Central Bank Of Iceland Decided To Impose ISK 87.7 Mln Fine

Arion banki hf

17/07/2020 16:52

July 17 (Reuters) - Arion banki hf  ARION.IC :
    * FINANCIAL SUPERVISORY AUTHORITY OF CENTRAL BANK OF ICELAND
HAS
DECIDED FINE ARION BANK ISK 87.7 MILLION
    * DECISION HAS BEEN PUBLISHED ON FME'S WEBSITE. ARION BANK
INTENDS
TO REFER FME'S DECISION TO COURTS AND DEMAND AN INVALIDATION
    * FME DECIDED TO IMPOSE AN ADMINISTRATIVE FINE DUE TO BANK'S
BREACH OF OBLIGATION TO DISCLOSE INSIDER INFORMATION IN A TIMELY
MANNER

Source text for Eikon:  ID:nGNE4T0VsK 
Further company coverage:  ARION.IC 

 ((Reuters.Briefs@thomsonreuters.com;))