Which authority is recorded against Skandinaviska Enskilda Banken AB (SEB)?

The entry is recorded against Finansinspektionen, in the Sweden jurisdiction, under the theme Baltic operations · AML governance.

What is the current status of this entry?

Status: Sanction decision issued. Last recorded change: 25 June 2020. The matter arose or was first recorded on 25 June 2020.

How was this matter brought to light?

Supervisory investigation. Each statement in the entry reflects material already published by a named source; nothing beyond those sources is asserted or inferred.

Where can the primary sources for SE-2020-02 be checked?

The entry links to Finansinspektionen decision, 25 June 2020.

SE-2020-02 · Sweden · 2020

Finansinspektionen issues a remark and a SEK 1 billion fine over Baltic money-laundering governance

The supervisor found deficiencies in the bank's governance and control of money-laundering risk in its Baltic subsidiaries and issued a remark together with an administrative fine of SEK 1 billion.

Stockholm bank buildings at night, illustrating the Finansinspektionen decision on SEB — Illustrative image · Skandinaviska Enskilda Banken AB (SEB)

Institution: Skandinaviska Enskilda Banken AB (SEB)
Authority: Finansinspektionen
Status: Sanction decision issued
Theme: Baltic operations · AML governance
Raised by: Supervisory investigation
Jurisdiction: Sweden
Matter arose: 25 June 2020
Last recorded: 25 June 2020

What the sources record

The decision was published on 25 June 2020 as part of the supervisor's Baltic investigations.

The supervisor set out the measures required to bring governance of money-laundering risk into compliance.

Primary sources

Finansinspektionen decision, 25 June 2020

Questions and answers on this entry

What does register entry SE-2020-02 record?: Finansinspektionen issues a remark and a SEK 1 billion fine over Baltic money-laundering governance. The supervisor found deficiencies in the bank's governance and control of money-laundering risk in its Baltic subsidiaries and issued a remark together with an administrative fine of SEK 1 billion.
Which authority is recorded against Skandinaviska Enskilda Banken AB (SEB)?: The entry is recorded against Finansinspektionen, in the Sweden jurisdiction, under the theme Baltic operations · AML governance.
What is the current status of this entry?: Status: Sanction decision issued. Last recorded change: 25 June 2020. The matter arose or was first recorded on 25 June 2020.
How was this matter brought to light?: Supervisory investigation. Each statement in the entry reflects material already published by a named source; nothing beyond those sources is asserted or inferred.
Where can the primary sources for SE-2020-02 be checked?: The entry links to Finansinspektionen decision, 25 June 2020.

This entry summarises published material for research and compliance-screening purposes; read the disclaimer. Any party named in a source may request a correction or exercise a right of reply through the contact page.

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