In December, FI announced that the authority had initiated a so-called sanctioning review regarding the work against money laundering in SEB's subsidiary in the Baltic States. After being postponed at one point, the message is now expected. Finansinspektionen's board meets on Thursday and the SEB case is a point on the agenda.
Joakim Bornold, savings economist at Söderberg & Partners, thinks it will be a fine, but that such a sum will not have a significant impact on the bank.
- It will not feel, you pay it and move on. What can be felt is whether it has consequences and that one must increase the work towards monetary value, he says in SVT's Morning Study.
When companies do business in dollars it is possible for US authorities to step in and fine but Joakim Bornhold does not think it will happen.
- It goes against American interests they would rather have Scandinavian banks in the Baltic. The alternative is Russian banks and one is worried that Russia will get a stronger grip, he says.
See the entire interview with Joakim Bornhold in the Morning Studio.