The Swedish Regulators, the Financial Supervisory Authority (FI) of the country, on Wednesday, December 18, said that it has taken investigations in SEB over suspected anti-money laundering to another level. The step which could further lead to the sanction of the bank, the FI added.
As part of the current investigation and review of the bank operations, the Swedish Financial Supervisory Authority has announced the commencement of its evaluation process, working with authorities in Estonia, Latvia, and Lithuania on the SEB internal control and governance of its subsidiary banks in Baltic.
