Friday, October 23, 2020

Sweden needs to strengthen system to fight money laundering: FSA chief

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Sweden’s financial watchdog said on Thursday that it had not been too lenient in dealing with Swedish banks over money laundering though the system to deal with the issue needed to be strengthened in the Nordic country.  “We have not been too kind,” Swedish Financial Supervisory Authority Director General Erik Thedeen told journalists on the sidelines of a hearing on money laundering in parliament.

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