Obligations imposed on AB SEB In January–March 2020, the Bank of Lithuania conducted a targeted inspection of AB SEB, during which it assessed, among other things, its money laundering and terrorist financing risk management, customer due diligence procedures as well as compliance with business relationship and payment transaction monitoring requirements. The inspection covered the bank’s activities carried out in 2019. During the inspection, the Bank of Lithuania identified certain deficiencies related to the continuous monitoring of customer business relationships. Having assessed that the deficiencies are only minor and that the bank has already taken active actions to eliminate them, the Board of the Bank of Lithuania obligated AB SEB to eliminate all the established shortcomings by 31 October 2020. In order to strengthen its cooperation aimed at more effective and better-coordinated anti-money laundering supervision, the Bank of Lithuania is exchanging information and cooperating with other supervisory authorities of the Baltic-Nordic region. The financial supervisory authorities in Estonia and Sweden have also conducted inspections of SEB and will publish their results in the coming weeks. Sample for the coin dedicated to Hope approved The Board of the Bank of Lithuania has approved the sample for the collector coin dedicated to Hope. It will be issued in two denominations (€5 and €1.50), both bearing the same image but minted in different metals (silver and copper/nickel alloy respectively). The coins will be issued on 1 July. Pre-orders will start on 23 June via the Bank of Lithuania’s e shop (coins.lb.lt). As people across the world join forces in a bid to stop the COVID-19 pandemic, the coin dedicated to Hope will serve as a memento of the Bank of Lithuania’s contribution to various national and international initiatives that have emerged to commemorate this historical period and honour its participants.