Swedbank in a statement Tuesday said it has been notified by the Swedish Financial Supervisory Authority (SFSA) that an investigation by the regulator concerning suspected market abuse by the bank has been closed “with no remark.”
The SFSA opened its investigation in September 2020 into suspected breaches of the Market Abuse Act by the bank. At the time, Swedbank said the probe concerned the period Sept. 20, 2018, to Feb. 20, 2019, and pertained “to disclosure of insider information and the obligation to establish an insider list (Articles 17 and 18) in connection with the disclosure of suspected money laundering within the company.”
