A stable, well-functioning financial market for allA stable, well-functioning financial market for allHandelsbanken receives a remark and is ordered to pay an administrative fine
Handelsbanken has not complied with the money laundering rules. The bank has not conducted risk assessments for all of its customers or obtained sufficient information about customers and their business relations. The bank's system for reviewing transactions has also been deficient.
Handelsbanken thus receives a remark and is ordered to pay an administrative fine of SEK 35 million.
