SEB: Comments on the decision from the SFSA
- SEB received the decision by the Swedish Financial Supervisory Authority (FSA) following its supervisory review of SEB’s routines
- Processes with regards to the regulatory frameworks that govern anti-money laundering
- The Swedish FSA decided to issue SEB a remark, which is a lower degree of an administrative sanction
- The FSA has also decided to issue SEB an administrative fine of SEK 1bn
- SEB now analyse the decision and revert with the bank’s view always strive to adhere to current regulations and our high internal standards
- The Swedish FSA conducted its reviews in cooperation with the Baltic supervisory authorities
