ACPR sanctions Société Générale over Insurance intermediation practices

ACPR has reprimanded Société Générale and imposed a fine of 20 million EUR (23.2 million USD) over shortcomings in its insurance intermediation activities. The French regulator, ACPR, has issued a formal reprimand and a €20 million ($23.2 million) fine against Société Générale. The reason is an inspection (2023-2024) revealed major flaws in the bank’s insurance … Continue reading ACPR sanctions Société Générale over Insurance intermediation practices