Ontario Provincial Police say two 15-year-old girls were caught driving after they tried to avoid a RIDE program in Huron County. Officers stationed at a checkpoint around 12:30 a.m. on Sunday spotted a vehicle pull a U-turn to try and avoid the program.“The alert officer noticed the suspicious move and took after the vehicle,” said OPP in a news release. “A traffic stop was conducted and when it came time to hand over a driver’s licence, the driver ran into a little problem.”Police discovered the driver and passenger were only 15 years old, and the driver had taken her parents car without their permission.A guardian came to the scene to get the vehicle and the teenagers. The 15-year-old driver will now have to complete a Youth Diversionary Program to avoid being charged.
Updated 11.30amBANK OF IRELAND is not required to raise additional capital, it said following the completion of the Central Bank’s balance sheet assessment (BSA).The test confirmed that the bank had adequate capital on 30 June this year to meet the requirements of the BSA.AIB was also furnished with the results of its BSA over the weekend. In a short statement this morning, the bank says it “believes it continues to be well capitalised and in excess of minimum regulatory requirements”.Permanent TSB said the results communicated to it by the Central Bank confirmed its capital position is above minimum regulatory requirements.The assessments were carried out at the request of the EU and IMF following Ireland’s exit from the bailout programme.In a statement this morning, Bank of Ireland said it expects to maintain a buffer above a CET1 ratio of 10 per cent on a Basel 3 transitional basis.For the purposes of the test, the regulator set the potential adjustment to mortgage impairments to €400 million. However, this could be reduced by €40 million following final discussions on the loan file reviews.First published 8.27amRead: Central Bank director Fiona Muldoon resignsMore: Banks exceeding arrears targets, but some customers have “no clarity”