Swedish FSA Says Has Informed Banks of Panama Investigation: DI
Source: BFW (Bloomberg First Word)
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NDA SS (Nordea Bank AB)
SEBA SS (Skandinaviska Enskilda Banken AB)
SHBA SS (Svenska Handelsbanken AB)
SWEDA SS (Swedbank AB)
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Erik Thedeen (Swedish Financial Supervisory Authority)
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(Bloomberg) -- Swedish Financial Supervisory Authority head Erik Thedeen says watchdog has sent letters to Sweden’s four biggest banks to inform them about the findings of its investigation into money laundering prompted by the Panama papers.
Alert: HALISTER1- Says banks will now have to provide feedback to the findings, which secrecy laws currently prohibit from being revealed to the public
- Says entire process is expected to be finished in “months and not years”
- Says mortgage amortization requirement has roughly had expected effect
Source: BFW (Bloomberg First Word)
Tickers
NDA SS (Nordea Bank AB)
SEBA SS (Skandinaviska Enskilda Banken AB)
SHBA SS (Svenska Handelsbanken AB)
SWEDA SS (Swedbank AB)
People
Erik Thedeen (Swedish Financial Supervisory Authority)
To de-activate this alert, click here
UUID: 7947283