AS "SEB banka"

Registration number
Legal address
Meistaru iela 1, Valdlaučos, Ķekavas pagasts, Ķekavas novads, LV - 1076
Country of origin
Supervisory authority

Market segments

Market segment
Payment service providers
Other market segments

Licenses / Types of activities

Payment service providers
Third party service providers
Payment initiation service
Date: 28.10.2019
Account information services
Date: 03.07.2019
Credit institutions
Activities of a credit institution
License / Doc. number:
Date: 28.09.1993

Substantial Participation

Name / First name, Last name
Skandinaviska Enskilda Banken AB
Volume of participation

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.
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).

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