Financial Crime Financial Crime

Danske Bank escapes punishment over sanctions failings in latest compliance concern

By Martin Coyle
  • 16 Nov 2021 10:51
  • 17 Nov 2021 00:36
Danske Bank has been pulled up by Denmark’s financial regulator for poor compliance with sanctions rules, but the lender, which has been dogged by money laundering scandals, has escaped punishment.
From an inspection last December, the Danish Financial Supervisory Authority said it had found the risk of Danske Bank customers

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Martin Coyle

Senior Correspondent


Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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