30 June 2018 – The Financial Services Authority (MFSA) in Malta requested the ECB permission to withdraw the license of Pilatus Bank after its chairman was indicted earlier 2018 by the United States for sanctions violations and transactions with Iran. The MFSA concludes that the chairman of the bank currently does not pass the European
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12 July 2018 – The European Central Bank (ECB) decided on the 11th of July 2018 to revoke the license of ABLV Bank, following the request by the Latvian Financial Capital Markets Commission (FCMC) to withdraw the banking license. After the US based Financial Crimes Enforcement Network designated the bank as a Primary Institute of
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15 November 2019 – The Vienna based Meinl bank saw its banking license revoked by a joint action of the ECB and the Austrian FMA on Friday the 15th of November 2019. The FMA stated that ‘The license of Meinl was revoked due to its history and the violation of due diligence over the past
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