Sweden’s FSA launches an investigation into Swedbank to assess whether its AML controls and customer due diligence from 2023–2025 met regulatory standards, intensifying scrutiny on the bank

The Swedish FSA has launched a probe into Swedbank covering a recent two-year period, examining whether its customer due diligence and AML controls meet regulatory standards. The review forms part of broader supervisory priorities on money laundering and terrorist financing risks and follows the closure of a separate U.S. investigation, with uncertainty over whether the probe is routine or triggered by specific concerns…