Swedish Financial Supervisory Authority has given the payment service company Klarna Bank AB a warning and a fine of SEK 500 million for violating anti-money laundering regulations.
The Financial Supervisory Authority investigated Klarna’s procedures between 2021 and 2022.
The report shows that Klarna has violated several key anti-money laundering rules, for example in matters related to the requirements of general risk assessment and knowing the customer.
Earlier last summer, both Finnish and Swedish authorities investigated Klarna’s problems with payment service disruptions.