Finansinspektionen, the Financial Supervisory Authority of Sweden, outlined its priority areas of focus for 2022, highlighting that it will apply a risk-based approach to supervision that ensures the most focus remains on areas with the largest risks.
Mexico authorizes U.S. seizure of drug kingpin’s assets, German FIU faces new STR backlog, and more, in the weekly roundup.
U.S. officials advise banks on Russian oil price cap, new gun shop credit-card code sparks debate, and more, in the midweek roundup.
Finansinspektionen, Sweden’s financial supervisory authority, identified deficiencies in the foreign payment institution’s work to combat money laundering and terrorist financing and issued an injunction requiring it to take remedial action by no later than Dec. 30, 2022.
Finansinspektionen, Sweden’s financial supervisory authority, imposed a SEK 14 million penalty and issued an administrative warning to the Stockholm, Sweden-based payment institution for anti-money laundering and counterterrorist financing deficiencies.
|Compliant : 14||High : 1|
|Largely Compliant : 23||Substantial : 4|
|Partially Compliant : 3||Moderate : 6|
|Non-Compliant : 0||Low : 0|
Sweden's technical compliance was re-rated in a Oct. 2, 2020 follow-up report
|Rank : 134/141|
|Score : 3.32/10|
|Rank : 4/180|
|Score : 85/100|
|Rank : 64/133|
|Score : 46/100|