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Nordea Finance Finland fined €2.26m by ECB for misreporting credit exposures

( March 10, 2026, 14:00 GMT | Official Statement) -- MLex Summary: The European Central Bank has fined Nordea Finance Finland €2.26 million for misreporting its largest credit exposures and breaching regulatory limits between 2021 and 2024. The lender wrongly assigned guaranteed receivables for 13 consecutive quarters. The ECB found serious negligence and weaknesses in internal controls.Press release follows....

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