.
The fine was initially €30,000,000, but it was reduced by 30% to €21,000,000 in accordance with the settlement discount scheme provided for in the Central Bank’s Administrative Sanctions Procedure . "PTSB has admitted in full 42 separate regulatory breaches of the Code of Practice for Credit Institutions 2001 and the Consumer Protection Codes 2006 and 2012. This marks the completion of the first in a series of ongoing industry investigations arising from the Central Bank’s Tracker Mortgage Examination .
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