February 15 2018
SWEDBANK SAYS DURING AUTUMN 2017, THE BANK OF LITHUANIA HAS CARRIED OUT AN INSPECTION RELATED TO SWEDBANK’S ACTIVITIES IN THE AREA OF MONEY LAUNDERING AND TERRORISM FINANCING PREVENTION(AML/CTF) FOR THE PERIOD JANUARY 2016 UNTIL MARCH 2017.
SWEDBANK SAYS FINDINGS INCLUDE DEFICIENCIES IN INTERNAL CONTROL SYSTEMS FOR MONEY LAUNDERING PREVENTION, PROCESSES AND DOCUMENTATION.