SEB Agrees to Pay $33 Million to New York Regulator
SEB said it agreed to pay the New York State Department of Financial Services following a review of its anti-money laundering procedures in the Baltic region from 2015 to 2019.
Swedish bank SEB OMXSTO:SEB_A said on Thursday that it agreed to pay $33 million to the New York State Department of Financial Services (DFS). The payment follows the regulator’s review of the bank’s anti-money laundering procedures in the Baltic region from 2015 to 2019.