28 Feb 2019
The U.S. embassy in Sweden has asked the country’s financial watchdog FI for a meeting to discuss allegations about Swedbank’s involvement in a Baltic money-laundering scandal.
The move raises questions whether the U.S. authorities will seek to investigate Swedbank.
A FI spokesman said on Thursday it had received a letter on Feb. 27 from the embassy asking to discuss Swedbank in relation to the money laundering allegations, and that the watchdog was “taking care of the matter according to our routines.”
By Esha Vaish, Johan Ahlander, and Michelle Price, Reuters, 28 February 2019
Link to Reuters
Count reading this article to your CPD minutes, by signing up to our CPD WalletFREE CPD Wallet