Swedish Justice Minister Urges Banks to Step Up Against Money Laundering

At the 'Morgondagens samhälle' conference on August 27, 2025, Swedish Justice Minister Gunnar Strömmer called on banks to implement more robust and proactive measures to combat money laundering. He articulated that the future of effective financial crime prevention rests significantly on banks enhancing their efforts in this domain. Strömmer emphasized, "We will not be able to address this issue unless the banks advance their positions," reflecting the government's expectation for the financial sector to lead in safeguarding economic integrity. His remarks come amid rising concerns about the banking industry's current approach to preventing financial crimes, indicating a pressing need for reform and action within the sector.