Banking Supervision

2 stories

Economy
Financial centre
ECB fines BIL €3.26 million for overstating its capital strength over three quarters
The ECB has fined Banque Internationale à Luxembourg €3.255 million for failing to apply approved internal models, causing the bank to overstate its capital for three consecutive quarters between 2023 and 2024.
By Jonas Thill2 days ago
Economy
Financial stability
ECB widens private-credit checks on banks, putting Luxembourg's fund hub in the frame
The European Central Bank has expanded a probe into euro-area banks' exposure to private credit to more than 20 lenders, warning that the asset class is opaque and concentrated. The scrutiny lands close to home in Luxembourg, the EU's largest fund domicile and base for hundreds of billions of euros of private-debt vehicles.
By Jonas Thill19 June 2026