Banking secrecy in Sweden under attack as AP funds' fight against financial crime intensifies
Changes to well established principles in banking and financial regulation may be necessary, if we are to win the fight against money laundering and similar criminal acts. This was the conclusion by several participants at Swedish state pension funds' seminar on fighting financial crime.
BY HELLA ANDERSEN
In order to strengthen efforts against money laundering and financial crime, reviewing the banking secrecy, principles of public disclosure and company reporting may prove a necessity, several participants claimed at a recent seminar arranged by the Swedish state pension funds AP Fondar and their Council on Ethics.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
AP7 is pilling up cannabis – other AP funds shun
For subscribers
