In accordance with Article 18(6) of the SSM Regulation and Article 132 of the SSM Framework Regulation, penalties imposed by the ECB within the remit of its supervisory tasks are published below.
Date of ECB decision |
Supervised entity |
Amount (in EUR) |
Area of infringement |
Publication |
Status |
21/10/2019 |
Natixis Wealth Management Luxembourg |
1,850,000 |
Large exposures/Reporting |
|
Final decision |
13/08/2019 |
Piraeus Bank S.A. |
5,150,000 |
Own funds |
|
Final decision |
15/02/2019 |
Sberbank Europe AG |
630,000 |
Large Exposures |
|
Final decision |
21/12/2018 |
Novo Banco, SA |
200,000 |
Large Exposures |
|
Final decision |
200,000 |
Capital requirements |
|
Final decision |
210,000 |
Reporting |
|
Final decision |
16/07/2018 |
Crédit Agricole, S.A |
4,300,000 |
Own funds |
|
Appealed |
16/07/2018 |
Crédit Agricole Corporate and Investment Bank |
300,000 |
Own funds |
|
Appealed |
16/07/2018 |
CA Consumer Finance |
200,000 |
Own funds |
|
Appealed |
14/3/2018 |
Banco de Sabadell, S.A. |
1,600,000 |
Own funds |
|
Appealed |
24/8/2017 |
Banca Popolare di Vicenza S.p.A. in liquidazione coatta amministrativa |
8,700,000 |
Reporting and public disclosure |
|
Final decision |
2,500,000 |
Large exposures |
13/7/2017 |
Permanent tsb Group Holdings plc |
750,000 |
Liquidity |
|
Final decision |
1,750,000 |
Liquidity |
In accordance with Article 18(5) of the SSM Regulation and Article 134 of the SSM Framework Regulation, the ECB may ask the relevant national competent authorities to open proceedings with a view to imposing penalties if appropriate. Those proceedings that resulted in the imposition of penalties are listed below.
Date of decision |
Supervised entity / natural person |
National competent authority |
Publication |
18/09/2020 |
Supervised entity |
Banco de Portugal |
|
03/03/2020 |
Ulster Bank Ireland Designated Activity Company |
Central Bank of Ireland |
|
21/01/2020 |
Coöperatieve Rabobank U.A. |
De Nederlandsche Bank N.V. |
|
23/10/2019 |
Natural person related to a supervised entity |
Banco de Portugal |
|
21/05/2019 |
RBC Investor Services Bank S.A. |
Commission de Surveillance du Secteur Financier |
|
03/10/2018 |
Citibank Europe plc |
Central Bank of Ireland |
|
22/12/2017 |
29 natural persons related to Veneto Banca S.p.A. |
Banca d’Italia |
|
25/5/2017 |
26 natural persons related to Banca Popolare di Vicenza S.p.A. |
Banca d’Italia |
|
9/11/2016 |
Caceis Bank Deutschland GmbH |
Bundesanstalt für Finanzdienstleistungsaufsicht |
|
6/10/2016 |
KBC Bank Ireland Plc |
Central Bank of Ireland |
|