Entity/Person: Banca Privada d’Andorra, SAU

Status: Firm in the administrative way

16/07/2020

Command and penalty of 900.000 euros for the commission of a very serious offence under article 15.c) of the Law regulating the financial system’s disciplinary regime, as established in final provision 4 of Law 7/2013, of 9 May, on the legal regime of the operative entities of the Andorran financial system and other provisions regulating the exercise of financial activities in the Principality of Andorra (hereinafter Law 7/2013).

Command and penalty of 900.000 euros for the commission of a very serious offence under article 15.f) of the Law regulating the financial system’s disciplinary regime, as established in final provision 4 of Law 7/2013. At the present under article 15.w).

Admonishment and penalty of 450.000 euros for the commission of a serious offence under article 16.h) of Law regulating the financial system’s disciplinary regime, as established in final provision 4 of Law 7/2013. At the present under articles 16.i) and 16.j).

Admonishment and penalty of 450.000 euros for the commission of a serious offence under article 16.d) of Law regulating the financial system’s disciplinary regime, as established in final provision 4 of Law 7/2013. At the present under article 16.l).