Edition:
United States

Nordea sanctioned by Finnish FSA over late transaction reports


Wednesday, 11 Apr 2018 02:55am EDT 

April 11 (Reuters) - Nordea Bank AB ::NORDEA SANCTIONED BY THE FINNISH FINANCIAL SUPERVISORY AUTHORITY.SAYS HAS RECEIVED A PENALTY OF EUR 400,000 FROM THE FINNISH FINANCIAL SUPERVISORY AUTHORITY (FIN-FSA) DUE TO LATE TRANSACTION REPORTING TO FIN-FSA CAUSED BY AN ISOLATED PROGRAMMING ERROR IN 2016..SAYS DID NOT CAUSE ANY DAMAGE TO CUSTOMERS.