AS "SEB banka"
Registration number
40003151743
Legal address
Meistaru iela 1, Valdlaučos, Ķekavas pagasts, Ķekavas novads, LV - 1076
Country of origin
Latvia
Supervisory authority
Licenses / Types of activities
Credit institutions
Banks
Activities of a credit institution
License / Doc. number: 06.01.05.011/242
Date: 28.09.1993
Payment service providers
Third party service providers
Payment initiation service
Date: 28.10.2019
Substantial Participation
Name / First name, Last name
Skandinaviska Enskilda Banken AB
Volume of participation
100%
Related parties
Name / First name, Last name
Ieva Tetere
Type of person
Chairwoman of the Executive Board
Type of infringement
The provisions of the Law on the Prevention of Money Laundering and Terrorism and Proliferation Financing (AML/CTF) and underlying regulatory as well as the Law on International Sanctions and National Sanctions of the Republic of Latvia and Council Regulation No 269/2014 and Council Implementing Regulation No 2018/1072 requirements had been violated.
Date
19.12.2019
Status
In force
Sanctions applied
A fine of 672 684 euro for breaches of AML/CTF requirements and 1 121 140 euro for breaches of sanctions requirements imposed on the bank
Related article
How to become a market participant
In order to become a participant of Latvian financial and capital markets and commence business activities, a credit institution, an insurance company, a reinsurance company, an insurance broker, a credit union, an investment management company, an investment firm, an operator of regulated market, a pension fund, a payment institution, an electronic money institution, as well as an alternative investment fund manager shall obtain operating authorisation (licence).