Swedbank AB

Sweden's Finansinspektionen found serious deficiencies in Swedbank's management of money-laundering risks in its Baltic operations and shortcomings in governance and control. FI also found that Swedbank had withheld documentation and information from the regulator. In March 2020 FI issued a warning and imposed an administrative fine of SEK 4 billion. Source: https://www.fi.se/en/published/sanctions/financial-firms/2020/swedbank-receives-a-warning-and-an-administrative-fine-of-sek-four-billion/

Nasdaq Stockholm's Disciplinary Committee found that Swedbank had breached disclosure obligations by failing to correctly treat and disclose information about known anti-money-laundering deficiencies and related Baltic operations as inside information. Nasdaq imposed a fine of SEK 46.575 million, equivalent to twelve annual fees. Source: https://view.news.eu.nasdaq.com/view?id=b3096b7e127317d7c1dc82f3b463139ec&lang=en