Danish watchdog faces surge in reports of suspicious money flows


COPENHAGEN (Reuters) - Reports of suspicious transactions submitted by banks and betting firms to authorities in Denmark have increased tenfold in recent years, according to documents seen by Reuters, applying pressure on an already stretched anti-money laundering watchdog.

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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Iran executes man involved in January protests, state media reports
Rubio says US prepared for later nuclear talks if Iran opens Hormuz strait
Death toll rises to three with 17 still missing after Philippine building collapse
Toshifumi Suzuki, father of Japan's convenience stores, dies at 93
Colombian presidential candidates wrap up campaigns with big rallies
Venezuelan inmates take to prison roof to protest shootings, abuse
More than 900 suspected Ebola cases identified in DRC, WHO chief says
Pessimism over U.S. deepens among Canadians: poll
"Star Wars: The Mandalorian and Grogu" tops North American box office in opening weekend
Forensic experts sift through ruined dormitory in Russian-held Luhansk region

Others Also Read