The Financial Supervisory Authority will investigate how Santander Consumer Bank, DNB Bank's Swedish branches, and the branch bank Lån & Spar Sverige comply with the money laundering regulations.
"Particular focus is on how the banks handle the risk of being used for financing terrorism", writes the FI in a press release.
According to Petra Bonderud, unit manager for money laundering supervision at the FI, there are "indications that criminals are seeking out smaller and medium-sized banks".
"That's why we're now conducting a thematic examination of how banks handle the risk of being used for financing terrorism", she says in the press release.
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