Rotten Company

Swedbank Nasdaq disclosure and inside-information violations

Company: Swedbank AB

Summary

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