Eimskip fined by Iceland's Financial Supervisory Authority

Iceland's Financial Supervisory Authority (FSA) has imposed a fine on Eimskip for ISK 50 million because according to the FSA, the carrier did not report its improved first quarter result last year early enough.

Photo: PR-foto/Eimskip

Icelandic carrier and forwarding company Eimskip has been fined for ISK 50 million (EUR 417,000) by Iceland's Financial Supervisory Authority (FSA), because the company did not reveal its improved first quarter result in 2016 early enough.

Eimskip announces this in a brief to the stock exchange, in which the company also declares that it disagrees with the decision and the FSA's interpretation of the law.

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