AS "SEB banka"
Registration number
40003151743
Legal address
Meistaru iela 1, Valdlaučos, Ķekavas pagasts, Ķekavas novads, LV - 1076
Country of origin
Latvia
Supervisory authority
Market segments
Market segment
Payment service providers
Phone
67215535
E-mail
Other market segments
Licenses / Types of activities
Payment service providers
Third party service providers
Payment initiation service
Date: 28.10.2019
Credit institutions
Banks
Activities of a credit institution
License / Doc. number: 06.01.05.011/242
Date: 28.09.1993
Substantial Participation
Name / First name, Last name
Skandinaviska Enskilda Banken AB
Volume of participation
100%
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).