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

Insight Weekly: Private equity slows; SPAC underwriters retreat; carbon capture boost

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines


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.