As reported, the bank was under AML audit recently following a number of negative news linking the financial institution with money laundering.
The ECB board has on its agenda for this week the review of the AML audit of the institution;
A ECB official mentioned that the case wouldn’t be part of the weekly meeting agenda if was unimportant.
As noted in the reported new, the ECB undertakes the direct supervision of certain banks in order to safeguard the integrity of the EU economy.
During this year, two EU banks closed activities over money laundering allegations while investigations continue and share prices are affected by this sort of scandals.