The Swedish financial supervisory authority, FI, now believe to have gathered enough evidence to prove that the Swedish storbank Swedbank had not secured themselves sufficiently against money laundering through the bank accounts. Therefore, monitoring will hunt for a financial penalty to the bank.
The state supervision according to several Swedish media.
the financial supervisory authority of Estonia has already initiated an attempt to get penalized Swedbank’s Estonian subsidiary, for the lack of control.
Now the Swedish financial supervisory authority try also to get penalized the parent company in Sweden. It writes the Today’s Industry.
the Verifications in the two countries are working together on the cases. They have also involved financial market authorities in Latvia and Lithuania in the investigation.
If the Swedish financial supervisory authority to succeed with to get sentenced to Swedbank’s Swedish parent company to a fine, it can, according to the news agency TT be fined billions of euros in waiting.
the Supervision expects a decision in 2020. Swedbank takes the step to note. It writes the bank in a comment to Today’s Industry.
– In the bank’s response to the Fsa’s letter from 16. the september 2019 notes, to the bank’s observations on several key points match with the Fsa, writes the bank in a comment to the media.
– It is happening now, is that the legal will be tested whether these observations give grounds for a sanction.
For the TT informs Swedbank, that 71 of 132 initiatives in order to prevent further money laundering is carried out.
In February showed the tv station SVT, a documentary in which it was revealed, that it with great probability, has been money laundering through Swedbank’s accounts.
since then, the bank’s value on the stock market has fallen by a third.
