SEB pays $33m to NYDFS over AML failures
New York State Department of Financial Services (DFS) Acting Superintendent Kaitlin Asrow announced today that Skandinaviska Enskilda Banken AB and its New York Branch (together, SEB or the Bank) have agreed to pay a $33 million penalty as part of a Consent Order to resolve the Department’s investigation into SEB’s compliance with New York Banking Law and anti-money laundering program failures.
We haven't written up this one. Finextra has the full story — the link below goes straight to it.
