TIDMSEBA 
 
 
 
 
Press release 
 Stockholm 25 June 2020 
 
   SEB has received the decision by the Swedish Financial Supervisory 
Authority (FSA) following its supervisory review of SEB's routines and 
processes with regards to the regulatory frameworks that govern 
anti-money laundering. The Swedish FSA has decided to issue SEB a remark, 
which is a lower degree of an administrative sanction that is issued 
when a breach has not been deemed to be serious. The FSA has also 
decided to issue SEB an administrative fine of SEK 1bn, which 
corresponds to about 14 percent of the maximum amount the FSA can impose 
in this case, as well as a precept to take certain measures to improve 
its transaction monitoring. 
 
 
 
   "SEB will now analyse the decision and revert with the bank's view. We 
always strive to adhere to current regulations and our high internal 
standards, and we continuously develop the bank's abilities to prevent, 
detect and report suspected money laundering and other types of 
financial crime. That work is of highest priority and will never end, 
not least since crime constantly finds new ways", says President and CEO 
Johan Torgeby. 
 
   The Swedish FSA has conducted its reviews in cooperation with the Baltic 
supervisory authorities. All Swedish and Baltic supervisory authorities 
have hereby concluded their reviews regarding SEB's anti-money 
laundering work. 
 
 
 
 
For further information, please                Press contact 
 contact                                        Niklas Magnusson, Group Press 
 Frank Hojem, Head of Corporate                 Officer 
 Communication                                  +46 (0)70 763 8243 
 +46 (0)70 763 9947                             mailto:niklas.x.magnusson@seb.se 
 mailto:frank.hojem@seb.se frank.hojem@seb.se   niklas.x.magnusson@seb.se 
---------------------------------------------  --------------------------------- 
 
 
   This is information that Skandinaviska Enskilda Banken AB (publ.) is 
obliged to make public pursuant to the EU Market Abuse Regulation. The 
information was submitted for publication, through the agency of the 
contact persons set out above, at 15.30  CET, on 25 June 2020. 
 
   SEB is a leading Nordic financial services group with a strong belief 
that entrepreneurial minds and innovative companies are key in creating 
a better world. SEB takes a long term perspective and supports its 
customers in good times and bad. In Sweden and the Baltic countries, SEB 
offers financial advice and a wide range of financial services. In 
Denmark, Finland, Norway, Germany and the United Kingdom, the bank's 
operations have a strong focus on corporate and investment banking based 
on a full-service offering to corporate and institutional clients. The 
international nature of SEB's business is reflected in its presence in 
some 20 countries worldwide. On March 31, 2020, the Group's total assets 
amounted to SEK 3,286 billion while its assets under management totalled 
SEK 1,758 billion. The Group has around 15,000 employees. Read more 
about SEB at 
https://www.globenewswire.com/Tracker?data=tPThF6RB5ZMLh-rioO33sonodUipm0z3TMHfzk0Vl4zwKbkrK6v9zgHDAvJElU3e_ufdh2TN8p5KAriIzkIKXleZmDmBWZFA7Tgw9XA03rQ= 
https://www.sebgroup.com. 
 
   Attachment 
 
 
   -- SEB comments on the decision from the Swedish FSA 
      https://ml-eu.globenewswire.com/Resource/Download/5f02afe7-81f0-48e9-9d69-89ea75bfe872