Sweden’s appeal court reinstates SEK3m fine against ATG
Sweden’s Administrative Court of Appeal reinstated Spelinspektionen’s 2022 decision against ATG after finding deficiencies in customer due diligence and monitoring. The court cut the penalty from SEK6 million to SEK3 million and issued a formal warning; the regulator’s review covered 2019 to 2021.
The ruling leaves ATG facing a SEK3 million penalty and confirms the court’s findings on its anti-money laundering controls.