Sanctions imposed by the 彩票APP下载
In accordance with Regulation (EC) No 2157/1999 (彩票APP下载/1999/4), information on sanctions imposed by the 彩票APP下载 as of 26 June 2023 are published below. The institution on which the sanction was imposed may institute proceedings at the Court of Justice of the European Union to review the legality of the final decision imposing such sanction within the deadline set out in Article 263 TFEU. Where a decision imposing a sanction is under review before the Court of Justice of the European Union, the 彩票APP下载 shall, without undue delay, also include in the publication information on the status of the appeal in question and the outcome thereof.
Sanctions for breaches of Banknotes rules
Date of 彩票APP下载 decision | Undertaking concerned | Amount | Areas of infringement | Publication | Decision status |
|---|---|---|---|---|---|
- | - | - | - | - | - |
In accordance with Article 19 of Decision (EU) 2020/637 of the 彩票APP下载 (彩票APP下载/2020/24), the 彩票APP下载 may impose sanctions in the event of discrepancies in the quantities of euro banknotes or euro banknote paper. In accordance with Article 9(1) of 彩票APP下载 Regulation (EC) No 2157/1999 (彩票APP下载/1999/4), the 彩票APP下载 must publish any decision imposing sanctions in case of a breach of an 彩票APP下载 regulation or decision on its official website without undue delay, once the decision has become final in accordance with Article 3(8) of Council Regulation (EC) No 2532/98.
Pursuant to Article 3(4) of Regulation (EC) No 2532/98, the Executive Board of the 彩票APP下载 must adopt a reasoned decision as to whether an undertaking has committed an infringement together with the sanction, if any, to be imposed.
Sanctions for breaches of financial market infrastructure oversight requirements
Date of 彩票APP下载 decision | Undertaking concerned | Amount | Areas of infringement | Publication | Decision status |
|---|---|---|---|---|---|
- | - | - | - | - | - |
In accordance with Article 23 of Regulation of the 彩票APP下载 (EU) No 795/2014 (彩票APP下载/2014/28), in case of an infringement of Regulation (EU) No 795/2014 (彩票APP下载/2014/28) the 彩票APP下载 must impose sanctions in accordance with Council Regulation (EC) No 2532/98 and 彩票APP下载 Regulation (EC) No 2157/99 (彩票APP下载/1999/4). In accordance with Article 9(1) of Regulation (EC) No 2157/1999 (彩票APP下载/1999/4), the 彩票APP下载 must publish any decision imposing sanctions in case of a breach of an 彩票APP下载 regulation or decision on its official website without undue delay, once the decision has become final in accordance with Article 3(8) of Regulation (EC) No 2532/98.
Pursuant to Article 3(4) of Regulation (EC) No 2532/98, the Executive Board of the 彩票APP下载 must adopt a reasoned decision as to whether an undertaking has committed an infringement together with the sanction, if any, to be imposed.
Sanctions for breaches of statistical reporting requirements
|
Date of 彩票APP下载 decision |
Undertaking concerned |
Amount |
Areas of infringement |
Publication |
Decision status |
|---|---|---|---|---|---|
|
28 October 2024 |
Cr茅dit Agricole Corporate and Investment Bank [FR] |
48,000 |
Failure to comply with the obligations resulting from Regulation (EU) No 1333/2014 of the 彩票APP下载 of 26 November 2014 concerning statistics on the money markets (彩票APP下载/2014/48) |
Final |
In accordance with Article 7(1) of Council Regulation (EC) No 2533/98, the 彩票APP下载 has the power to impose sanctions on reporting agents which are subject to reporting requirements and residing in a participating Member State and which fail to comply with the obligations resulting from Regulation (EC) No 2533/98 or from 彩票APP下载 regulations or decisions defining and imposing the 彩票APP下载鈥檚 statistical reporting requirements.
In accordance with Article 9(1) of 彩票APP下载 Regulation (EC) No 2157/1999 (彩票APP下载/1999/4), the 彩票APP下载 must publish any decision imposing sanctions in case of a breach of an 彩票APP下载 regulation or decision on its official website without undue delay, once the decision has become final in accordance with Article 3(8) of Council Regulation (EC) No 2532/98.
Pursuant to Article 3(4) of Regulation (EC) No 2532/98, the Executive Board of the 彩票APP下载 must adopt a reasoned decision as to whether an undertaking has committed an infringement together with the sanction, if any, to be imposed.
Sanctions for minimum reserve related matters (such as breaching the minimum reserve requirement)
Date of 彩票APP下载 decision* | Undertaking concerned | Amount | Type and nature of the breach | Publication | Decision status |
|---|---|---|---|---|---|
11 March 2025 | BANCA SISTEMA S.P.A. [IT] | 8,134.44 | Failure to hold required level of minimum reserves in MP8 2024 | - | Final |
11 March 2025 | Volksbank Westerstede eG [DE] | 123.54 | Failure to hold required level of minimum reserves in MP8 2024 | - | Final |
11 March 2025 | SOCIETE GENERALE [IT] | 16,446.78 | Failure to hold required level of minimum reserves in MP8 2024 | - | Final |
11 March 2025 | KentBank d.d. [HR] | 1,043.26 | Failure to hold required level of minimum reserves in MP8 2024 | - | Final |
4 February 2025 | AS LHV Pank [EE] | 887.41 | Failure to hold required level of minimum reserves in MP7 2024 | - | Final |
4 February 2025 | Banca Ifis SpA [IT] | 588.54 | Failure to hold required level of minimum reserves in MP7 2024 | - | Final |
4 February 2025 | LfA F枚rderbank Bayern [DE] | 3,817.32 | Failure to hold required level of minimum reserves in MP7 2024 | - | Final |
17 December 2024 | Credit Europe Bank N.V. Niederlassung Deutschland [DE] | 5,608.67 | Failure to hold required level of minimum reserves in MP6 2024 | - | Final |
17 December 2024 | Vereinigte Volksbank Raiffeisenbank eG [DE] | 109.96 | Failure to hold required level of minimum reserves in MP6 2024 | - | Final |
17 December 2024 | Sparkasse Celle-Gifhorn-Wolfsburg [DE] | 463.78 | Failure to hold required level of minimum reserves in MP6 2024 | - | Final |
17 December 2024 | Monte Paschi banque S.A. [FR] | 112.40 | Failure to hold required level of minimum reserves in MP6 2024 | - | Final |
17 December 2024 | Banco de Sabadell - S.A. - Sucursal em Portugal [PT] | 534.28 | Failure to hold required level of minimum reserves in MP6 2024 | - | Final |
17 December 2024 | DNB Bank ASA Filiale Deutschland [DE] | 34,495.75 | Failure to hold required level of minimum reserves in MP6 2024 | - | Final |
22 October 2024 | JPMORGAN CHASE BANK NATIONAL ASSOCIATION, MILAN BRANCH [IT] | 7,451.38 | Failure to hold required level of minimum reserves in MP5 2024 | - | Final |
22 October 2024 | BOA France [FR] | 3,101.68 | Failure to hold required level of minimum reserves in MP5 2024 | - | Final |
22 October 2024 | VR Bank Westk眉ste eG [DE] | 212.38 | Failure to hold required level of minimum reserves in MP5 2024 | - | Final |
22 October 2024 | Intesa Sanpaolo S.p.A., Sucursal en Espa帽a [ES] | 771.95 | Failure to hold required level of minimum reserves in MP5 2024 | - | Final |
22 October 2024 | UBS Europe SE [IT] | 232.30 | Failure to hold required level of minimum reserves in MP5 2024 | - | Final |
17 September 2024 | NATIXIS Pfandbriefbank AG [DE] | 1,115.36 | Failure to hold required level of minimum reserves in MP4 2024 | - | Final |
17 September 2024 | TEN31 Bank AG [DE] | 781.35 | Failure to hold required level of minimum reserves in MP4 2024 | - | Final |
17 September 2024 | GRESHAM Banque [FR] | 594.80 | Failure to hold required level of minimum reserves in MP4 2024 | - | Final |
17 September 2024 | Triodos Bank N.V. [NL] | 112.31 | Failure to hold required level of minimum reserves in MP4 2024 | - | Final |
17 September 2024 | Raiffeisenbank Buch-Eching eG [DE] | 376.69 | Failure to hold required level of minimum reserves in MP4 2024 | - | Final |
17 September 2024 | 158.92 | Failure to hold required level of minimum reserves in MP4 2024 | - | Final | |
23 July 2024 | Bank of China limited [FR] | 12,008.72 | Failure to hold required level of minimum reserves in MP3 2024 | - | Final |
23 July 2024 | Harzsparkasse [DE] | 3,986.20 | Failure to hold required level of minimum reserves in MP3 2024 | - | Final |
23 July 2024 | AS "SEB banka" [LV] | 7,583.36 | Failure to hold required level of minimum reserves in MP8 2023 | - | Final |
11 June 2024 | EUROPE ARAB BANK SA [FR] | 5,465.63 | Failure to hold required level of minimum reserves in MP2 2024 | - | Final |
11 June 2024 | Marchfelder Bank eG [AT] | 776.43 | Failure to hold required level of minimum reserves in MP2 2024 | - | Final |
11 June 2024 | Sligo Credit Union Limited [IE] | 109.66 | Failure to hold required level of minimum reserves in MP2 2024 | - | Final |
11 June 2024 | Bankhaus Herzogpark AG [DE] | 601.59 | Failure to hold required level of minimum reserves in MP2 2024 | - | Final |
11 June 2024 | Delen Private Bank N.V. [NL] | 179.89 | Failure to hold required level of minimum reserves in MP2 2024 | - | Final |
11 June 2024 | UBS (Monaco) S.A. [FR] | 11,858.17 | Failure to hold required level of minimum reserves in MP2 2024 | - | Final |
16 April 2024 | Sparkasse Westm眉nsterland [DE] | 215.27 | Failure to hold required level of minimum reserves in MP1 2024 | - | Final |
16 April 2024 | Kreissparkasse T眉bingen [DE] | 152.66 | Failure to hold required level of minimum reserves in MP1 2024 | - | Final |
16 April 2024 | BANCA POPOLARE DEL CASSINATE SOCIETA' COOPERATIVA PER AZIONI [IT] | 17,081.85 | Failure to hold required level of minimum reserves in MP1 2024 | - | Final |
12 March 2024 | LGT Bank AG, Zweigniederlassung 脰sterreich [AT] | 4,660.72 | Failure to hold required level of minimum reserves in MP8 2023 | - | Final |
12 March 2024 | Santander Consumer Bank Aktiengesellschaft [DE] | 3,855.13 | Failure to hold required level of minimum reserves in MP8 2023 | - | Final |
30 January 2024 | Sparkasse L眉neburg [DE] | 1,141.91 | Failure to hold required level of minimum reserves in MP7 2023 | - | Final |
30 January 2024 | Triodos Bank N.V. [NL] | 161.79 | Failure to hold required level of minimum reserves in MP7 2023 | - | Final |
30 January 2024 | Clearstream Banking Aktiengesellschaft [DE] | 537.26 | Failure to hold required level of minimum reserves in MP7 2023 | - | Final |
30 January 2024 | Sparkasse Zwickau [DE] | 123.67 | Failure to hold required level of minimum reserves in MP7 2023 | - | Final |
30 January 2024 | Advanzia Bank S.A. [LU] | 4,853.27 | Failure to hold required level of minimum reserves in MP7 2023 | - | Final |
30 January 2024 | Sparkasse Hochfranken [DE] | 265.93 | Failure to hold required level of minimum reserves in MP7 2023 | - | Final |
30 January 2024 | Sparkasse Olpe-Drolshagen-Wenden [DE] | 201.38 | Failure to hold required level of minimum reserves in MP7 2023 | - | Final |
30 January 2024 | J.P. Morgan SE [DE] | 11,437.39 | Failure to hold required level of minimum reserves in MP7 2023 | - | Final |
30 January 2024 | Raiffeisenbank Rehling eG [DE] | 202.54 | Failure to hold required level of minimum reserves in MP7 2023 | - | Final |
30 January 2024 | DNB Bank ASA Filiale Deutschland [DE] | 9,077.89 | Failure to hold required level of minimum reserves in MP7 2023 | - | Final |
30 January 2024 | Bigbank AS [EE] | 10,430.53 | Failure to hold required level of minimum reserves in MP7 2023 | - | Final |
30 January 2024 | Quintet Private Bank (Europe) S.A [LU] | 865.14 | Failure to hold required level of minimum reserves in MP7 2023 | - | Final |
19 December 2023 | DekaBank Deutsche Girozentrale [DE] | 330.88 | Failure to hold required level of minimum reserves in MP6 2023 | - | Final |
19 December 2023 | Volksbank Baumberge eG [DE] | 304.68 | Failure to hold required level of minimum reserves in MP6 2023 | - | Final |
19 December 2023 | Banque Edel SA [FR] | 589.45 | Failure to hold required level of minimum reserves in MP6 2023 | - | Final |
19 December 2023 | Mobilis banque [FR] | 257.27 | Failure to hold required level of minimum reserves in MP6 2023 | - | Final |
31 October 2023 | KBC Bank [BE] | 17,686.68 | Failure to hold required level of minimum reserves in MP5 2023 | - | Final |
31 October 2023 | Sparkasse Hohenlohekreis [DE] | 225.59 | Failure to hold required level of minimum reserves in MP5 2023 | - | Final |
31 October 2023 | Th眉ringer Aufbaubank, Anstalt des 枚ffentlichen Rechts [DE] | 523.73 | Failure to hold required level of minimum reserves in MP5 2023 | - | Final |
31 October 2023 | CACEIS Bank [FR] | 4,125.81 | Failure to hold required level of minimum reserves in MP5 2023 | - | Final |
31 October 2023 | BNP Paribas R茅union [FR] | 4,863.14 | Failure to hold required level of minimum reserves in MP5 2023 | - | Final |
19 September 2023 | Bankhaus Ellwanger & Geiger AG [DE] | 3,759.19 | Failure to hold required level of minimum reserves in MP4 2023 | - | Final |
19 September 2023 | Intesa Sanpaolo Wealth Management 鈥� Belgium Branch [BE] | 2,095.92 | Failure to hold required level of minimum reserves in MP4 2023 | - | Final |
19 September 2023 | BMW Bank GmbH [DE] | 331,378.34 | Failure to hold required level of minimum reserves in MP4 2023 | - | Final |
19 September 2023 | UBS Europe SE [DE] | 4,682.39 | Failure to hold required level of minimum reserves in MP4 2023 | - | Final |
19 September 2023 | TARTU HOIU-LAENU脺HISTU [EE] | 572.73 | Failure to hold required level of minimum reserves in MP4 2023 | - | Final |
19 September 2023 | AXA Banque [FR] | 8,377.67 | Failure to hold required level of minimum reserves in MP4 2023 | - | Final |
19 September 2023 | BPCE [FR] | 50,553.78 | Failure to hold required level of minimum reserves in MP4 2023 | - | Final |
19 September 2023 | Mega International Commercial Bank Co, Ltd [FR] | 5,669.97 | Failure to hold required level of minimum reserves in MP4 2023 | - | Final |
19 September 2023 | ICCREA BANCA S.P.A. - ISTITUTO CENTRALE DEL CREDITO COOPERATIVO (IN FORMA ABBREVIATA: ICCREA BANCA S.P.A.) [IT] | 1,844.51 | Failure to hold required level of minimum reserves in MP4 2023 | - | Final |
19 September 2023 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. (BBVA) [IT] | 5,545.47 | Failure to hold required level of minimum reserves in MP4 2023 | - | Final |
19 September 2023 | OP Corporate Bank Plc fili膩le Latvij膩 [LV] | 9,642.22 | Failure to hold required level of minimum reserves in MP4 2023 | - | Final |
In accordance with Article 9(1) of 彩票APP下载 Regulation (EC) No 2157/1999 (彩票APP下载/1999/4), the 彩票APP下载 must publish any decision imposing sanctions in case of a breach of an 彩票APP下载 regulation or decision on its official website without undue delay, once the decision has become final in accordance with Article 3(8) of Council Regulation (EC) No 2532/98, in conjunction with Article 7(2) or (3), respectively, of Council Regulation (EC) No 2531/98.
Pursuant to Article 3 of Regulation (EC) No 2532/98 and Article 7(1) of Regulation (EC) No 2531/98, in case of non-compliance with the application of minimum reserve requirements, a sanction is applied by the relevant national central bank on behalf of the Executive Board of the 彩票APP下载. These sanctions are imposed on institutions for breaching their obligation to hold the required level of minimum reserves. As such, the sanction amount is calculated in accordance with the formula set out in Annex I to Decision (EU) 2021/1815 of the 彩票APP下载 (彩票APP下载/2021/45), so that it is based on the amount which the institution concerned failed to hold as minimum reserves during a given maintenance period.
In case of sanctions imposed pursuant to Article 3 of Regulation (EC) No 2532/98 and Article 7(3) of Regulation (EC) No 2531/98 for breaches of other obligations related to minimum reserves, further information is included in an accompanying document linked above.
*The date of decision refers to the last day of the Maintenance Period in which the decision imposing sanctions for the non-compliance with minimum reserve requirements became final.
**In case of sanctions imposed pursuant to Article 3 of Council Regulation (EC) No 2532/98 and Article 7(3) of Council Regulation (EC) No 2531/98, further information will be provided in an accompanying document linked in this column.
See also
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Supervisory sanctions
Looking for penalties imposed by the 彩票APP下载 within the remit of its supervisory tasks? These are published on our banking supervision website at the link below.