U.S. Embassy seeks meeting with Swedish watchdog on Swedbank
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

Advance your CPD minutes for reading this article, by signing up and using the CPD Wallet

No Responses to “U.S. Embassy seeks meeting with Swedish watchdog on Swedbank”

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.