The National Court cancels a 91 million fine imposed by the CNMC on four banks for agreeing to offer financial derivatives
The National Court has the fines of 91 million euros imposed by the National Market Competition Commission (CNMC) on four banking institutions have been annulled for allegedly arranging the offering of interest rate derivatives on terms different from those agreed with clients. The Administrative Dispute Chamber believes that it has not been demonstrated that during … Read more
