Financial Crime Financial Crime

Comment: Swedbank still could face US fine over money laundering, though probably a small one

By Martin Coyle and Richard Vanderford
  • 02 Apr 2020 15:54
  • 03 Apr 2020 05:03
Swedbank paid a record $385 million fine to Sweden's bank regulator after a string of money laundering failures, but has warned investors that it engaged in transactions that could also run afoul of US sanctions. Though US enforcers have in the past levied multibillion-dollar fines against some badly behaving banks, Swedbank's potential

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments


Latest News