The Financial Supervisory Authority’s (FSA) massive investigation into money laundering and terror financing in the wake of the Panama Papers leak has taken an important step forward, reveals director general Erik Thedéen in an interview. He tells SvD business that he has sent a verification letter to the four main banks asking them to check the information the FSA has found and add any comments. The authority will then decide whether to take it further.
Furthermore on Tuesday the FSA, together with the Police’s Financial Intelligence Unit, announced new efforts to stop money laundering and the financing of terrorism. This time the focus is on smaller players and the spotlight is being turned on companies that send money abroad and quick loan companies.