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Image header Agence Europe
Europe Daily Bulletin No. 12078
Contents Publication in full By article 17 / 23
NEWS BRIEFS / Banks

ECB fines French group Crédit Agricole €4.3 million

21/08/2018 (Agence Europe)On Monday 20 August, the European Central Bank (ECB), in its capacity as supervisor of the largest banks of the Eurozone, handed down a fine of €4.3 million to the French banking group Crédit Agricole for having categorised equity instruments as optimum quality capital (CET1) without having obtained the prior authorisation of the competent prudential authority. The French bank may appeal against this fine to the Court of Justice of the EU. (MB)

Contents

INSTITUTIONAL
ECONOMY - FINANCE
SECTORAL POLICIES
EXTERNAL ACTION
CULTURE
COURT OF JUSTICE OF THE EU
NEWS BRIEFS