Denmark struggles with surge in suspicious money flows

Click For Larger Image & Read More
Denmark struggles with surge in suspicious...
 © In-Cyprus 2020

Reports of suspicious transactions submitted by banks and betting firms in Denmark have increased tenfold in recent years, straining anti-money laundering authorities which drew heavy criticism on Friday from a state auditor.

Banks across the Nordic region are facing increasing scrutiny by regulators after a string of money laundering scandals, including at Danske Bank, Denmark’s biggest lender.

Since 2013 the number of suspicious transaction reports submitted to Denmark’s Financial Intelligence Unit (FIU), which investigates reports of suspected criminal behaviour, has risen...


Read all latest: Cyprus Coronavirus News Updates - Live

This article was automatically added to our system 24-1-2020

Denmark struggles with surge in suspicious money flows


The contents of this article including any associated images are © In-Cyprus 2020
Views & opinions expressed in this article are those of the author and/or In-Cyprus .

Advertise Here

  Trending Cyprus News

Advertise Here

Article Tags: denmark, struggles, surge, suspicious, money, flows,