trending Market Intelligence /marketintelligence/en/news-insights/trending/03rgc0xifbte4ft96n9jaa2 content esgSubNav
In This List

Denmark's new anti-money laundering rules may target bank executives

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Denmark's new anti-money laundering rules may target bank executives

The Danish government is considering tightening anti-money laundering rules for bank executives, Bloomberg News reported.

This follows allegations that Danske Bank A/S, the country's largest bank, allowed large sums of illicit funds to pass through its Estonian branch.

Business Minister Rasmus Jarlov is proposing measures such as a ban on executives who fail to prevent money-laundering at units either in Denmark or abroad from running financial institutions; and making banks more accountable for the misdeeds of junior executives and low-ranking employees.