Weekly Roundup: COVID-19 Delays Swedish AML Review Results, Canada Tells Banks to Focus on STRs, and More

Swedish regulators said they will wait until June to publish a nearly completed investigation of alleged anti-money laundering breaches at the Baltic subsidiaries of Stockholm-headquartered SEB, citing changing priorities amid the spreading of the new coronavirus disease, Reuters reported. More Canada's AML supervisor told financial institutions dealing with staff shortages caused by the COVID-19 pandemic that they should prioritize reporting suspicious transactions, according to the National Post. More French regulators affirmed in a statement that AML supervision and inspections would remain unchanged despite the crisis-induced lockdown. More U.S. tax authorities gave foreign financial institutions more time to submit data on...