On Friday 15 September, the European Central Bank (ECB) handed the Italian bank Banca Popolare di Vicenza a fine over its breach of European rules on the reporting of financial information and the European framework governing major risks.
The total amount of the financial penalties includes a fine of €8.7 million for failure to meet its reporting requirements in the fourth quarter of 2014 and the first half of 2015 and its annual public reporting requirements in 2014, pursuant to the EU...