Regulation

Swedish regulator to delay decision of SEB money-laundering probe

Sweden’s financial supervisory authority now expects to conclude its anti-money laundering assessment of the bank in June

Sweden’s financial supervisory authority has delayed the conclusion of an anti-money laundering assessment of Skandinaviska Enskilda Banken due to the coronavirus pandemic.

The assessment of the Swedish bank was expected to conclude in April, but the Swedish FSA, known as the Finansinspektionen, said Wednesday that it was now planning to issue its decision in June.

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