All Articles

The Danish Financial Supervisory Authority, known as Finanstilsynet, has formally referred Nordea Finans Danmark A/S to the National Unit for Serious Crime for investigation over serious suspected violations of the country’s Money Laundering Act. The referral stems from an extensive inspection carried out in June 2023, which uncovered major shortcomings in the institution’s customer due diligence procedures. Regulators concluded that the company lacked sufficient understandin

Danish authorities have concluded an extensive regulatory inspection of Merex International AS, culminating in a series of binding enforcement directives aimed at remedying deep-rooted deficiencies in the company’s anti-money laundering framework. The review, carried out by the Danish Financial Supervisory Authority, uncovered substantial weaknesses tied to the firm’s business model, particularly its involvement in currency exchange and international money transfers to jurisd