Tuesday March 31, 2020

Central Bank fines Unicredit Ireland for capital regulations breaches

The Central Bank has fined the Irish subsidiary of Italian bank UniCredit €315,000 for breaches of the EU’s capital adequacy regulations.

18th March, 2014
Unicredit Bank Ireland is a subsidiary of Italian bank Unicredit.

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...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago