By Aaron Nicodemus2022-11-29T18:58:00
Denmark’s financial watchdog reported Jyske Bank to Danish authorities for allegedly violating the country’s anti-money laundering (AML) law.
The Danish Financial Supervisory Authority (FSA) said Monday it found “significant deficiencies” in the bank’s due diligence measures, among other issues, according to a statement in Danish translated to English.
The three potential violations of the Danish AML law involved due diligence measures, enhanced customer knowledge procedures, and recordkeeping obligations related to the bank’s mortgage and private banking departments. The alleged shortcomings related to Jyske Bank’s handling of several high-risk customers, as well as a failure to investigate suspicious transactions.
2025-09-17T17:20:00Z By Adrianne Appel
A Florida seafood company executive has pleaded guilty to conspiring with competitors to fix the prices he paid to local fishers, an effort that impacted more than $8 million in wholesale fish and cut the pay of hundreds of fishers, the Department of Justice said.
2025-09-16T20:11:00Z By Adrianne Appel
The former CEO of a Georgia clothing business faces 25 years in prison for bribing Honduran officials to win $10 million in uniform contracts in Honduras, after being caught up in a Department of Justice Anticorruption Task Force.
2025-09-15T20:00:00Z By Aly McDevitt
President Donald Trump is pushing for a shake-up in corporate reporting rules, calling on companies to file earnings with the SEC only twice a year instead of every quarter.
2025-09-12T19:40:00Z By Oscar Gonzalez
The DOJ sued Uber Thursday, alleging it violated the Americans with Disabilities Act (ADA) by denying people with disabilities equal access to its services.
2025-09-11T20:53:00Z By Neil Hodge
Europe’s banking regulator warns that weak compliance at fintech, regtech, and crypto firms may let money laundering and terrorist financing risks slip through. The EBA also found EU regulators’ approaches are often inconsistent and unclear.
2025-09-10T22:24:00Z By Adrianne Appel
California, Colorado, and Connecticut launched a joint enforcement sweep against businesses that fail to honor consumers’ online opt-out requests, the states announced Tuesday.
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