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Estonian bank LHV fined by ECB for misreporting capital requirements

( November 5, 2025, 11:46 GMT | Official Statement) -- MLex Summary: The European Central Bank has fined Estonia’s AS LHV Group just over 400,000 euros for eight quarters of misreporting market risk data, after the bank understated risk-weighted assets tied to its foreign exchange exposures. The error, which was attributed to negligent risk management and internal controls, distorted LHV’s capital ratios. The breach, classed as “moderately severe,” can be appealed to the EU’s top court, the ECB said.Press release follows....

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