The Central Bank has fined the Irish subsidiary of Italian bank UniCredit €315,000 for breaches of the EU’s capital adequacy regulations.
UniCredit Bank Ireland , based in the IFSC, was found to have contravened the European Communities (Capital Adequacy of Credit Institutions) Regulations 2006 and the European Communities (Licensing and Supervision of Credit Institutions) Regulations 1992 on four separate occasions since 2011.
On 31 December 2011, 31 March 2012 and 30 June 2012, in breach of the...
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