This is one of the fund's devastating report, the Swedish financial supervisory authority(FI) announced on Thursday night.
the Director-general, mr Erik Thedéen, was also very harsh when he spoke at a late press conference.
"This is a serious, widespread and systematic weaknesses in the governance of the work of the anti-money laundering," he said.
there were significant weaknesses in the management and monitoring of the bank's baltic operations. Swedbank also had a ”otilllräcklig risk”.
in The baltic states close to Russia, and the ease with which customers could carry out their trades through the baltic subsidiaries, and these companies had a large share of foreign customers of all signals, the mean Thedéen called for 'rigorous' checks and balances, and the systems to combat money laundering. They would not be at Swedbank it.
in the Not acted as it placed all of the signals as they are received, if that business was a risky one. Over the years 2016-19 got to the bank, a number of studies, both internal and external), who pointed out the flaws and the associated risks.
However, the most noteworthy is the fact that the bank's senior management tried to conceal documents and information to the INTERNET.
"the Management team has on a number of occasions, provided misleading and incomplete information," said Thedéen.
" It is deeply disturbing, and it ought to be the undesirable of all of the companies that are in our tilsyn, he added.
in the last year, that is to say, after that, the former president and ceo, and chairman of the board, was allowed to leave the bank, trying to, say FI, the economist may withhold important information that the inspection is required.
Despite the fact that we had through the site investigations and interviews that there was a document that the bank had not explained the Thedéen.
a FI in examining the qualifications of the people who are sitting in senior positions or of the boards of directors of banks.
"the vast Majority of it goes to a certain period of time, and it is of importance that the bank has changed its leadership," says Per Håkansson, senior advisor, on the INTERNET.
" the Management team deserves to be criticised, but it is not justified by an inquiry into the fitness of the person, further he said.
tom mix said, adding that the current leadership will ”understand signals” from the time of inspection.
According to Erik Thedéen, the record of the levy of four billion, that compromise either the bank's business or that of its customers. However, the Estonian branch of Swedbank's operations are still under investigation by the public prosecutor's office.
Read more: the problem of the bank's business operations may be compromised.