( October 23, 2019, 10:06 GMT | Official Statement) -- MLex Summary: BVP Investments has been fined 6,000 euros (around $6,700) by the Central Bank of Ireland for illegitimately holding 16 million euros in client funds over a period of 12 years, the bank said. The "deliberate" breach of authorization conditions could have endangered clients' assets, the bank said. Fines would have been as high as 56,000 euros had it not been for BVP's current financial position, it added.BVP Investments Limited fined €6,000 and reprimanded by the Central Bank of Ireland for holding client assets in breach of its authorisation...
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