"We of course take it seriously that the SFSA has given us a remark. Given our role in society, we take great responsibility to ensure that we have the appropriate processes in place to prevent financial crime. We continuously update our procedures within this important area and always strive to align with regulatory requirements and our high internal standards. Our work within anti-money laundering has matured since we received our license in 2019 and we have also made significant improvements since the investigation period between 2021 and early 2022," comments Karin Stålhandske, CEO
Loomis is analyzing the decision and will evaluate the next steps. It is likely that a provision corresponding to the administrative fine will be booked as an item affecting comparability in
This press release is also available on the company's website, www.loomis.com.
Jenny Boström
Head of Sustainability and IR
Mobile: +46 79 006 45 92
Email: jenny.bostrom@loomis.com
Loomis offers secure and effective comprehensive solutions for managing payments, including the distribution, handling, storage and recycling of cash and other valuables. Loomis' customers are mainly financial institutions and retailers. Loomis operates through an international network of around 400 branches in more than 20 countries. Loomis employs around 25,000 people and had revenue in 2023 of more than
https://news.cision.com/loomis-ab/r/loomis-receives-a-remark-with-an-administrative-fine-from-the-swedish-financial-supervisory-authorit,c4003528
https://mb.cision.com/Main/51/4003528/2874891.pdf
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