During the past weeks the media have reported that authorities across the Nordics have received documents from Hermitage Capital Management purporting to show that Nordea breached its responsibilities under anti-money laundering laws.
Earlier today on 24 October 2018, in connection with the announcement of the third quarter results, Nordea CEO Casper von Koskull commented to the media that Nordea had not seen the report. Subsequently we have received what appears to be a document, or parts of it, from Hermitage Capital Management originally sent to the Swedish authorities. We have received the document from a source with no connection to the authorities. We will review the document and provide our views to the appropriate authorities. At this point in time we have nothing further to add.
As we have communicated earlier on the topic of anti-money laundering, it is part of Nordea’s daily operations to continuously monitor, review and report on suspicious activities to the authorities. We do not accept being used as a platform for money laundering. At Nordea we work closely with the relevant authorities in the countries in which we operate, we don’t go into detail when it comes to the interaction with authorities.
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