UK watchdog fines Bank of London and parent $2.7 mln

LONDON, March ​24 (Reuters) - Britain's ⁠banking stability watchdog ​fined Bank of London ​and ‌its parent company ⁠Oplyse Holdings Limited 2 ⁠million pounds ($2.68 ​million) for failing to act with integrity and ​misleading ‌the regulator over their capital position.

The Prudential Regulation Authority, part ​of the Bank ‌of England, fined the bank for "misleading the ‌PRA over their capital positions, failing to act with ​integrity, failing to be open ‌and cooperative with the regulator and failing ⁠to ⁠maintain adequate financial resources," ‌a statement on Tuesday ​said. ($1 = ​0.7468 pounds) (Reporting ‌by Muvija M, writing by Sam Tabahriti; editing by Sarah Young)