Global Investigations Review - The law and practice of international investigations

Sweden fines Swedbank $380 million for money laundering failures

By Sam Fry

19 March 2020

Sweden fines Swedbank $380 million for money laundering failures Swedbank headquarters in Sundbyberg, Stockholm (Credit: iStock/Photomick)

Sweden’s Financial Supervisory Authority has fined Swedbank 4 billion Swedish Krona ($380 million) for anti-money laundering failures at its Baltic subsidiaries.