Comments on the Danske Bank Case

In the decision of the Danish FSA, dated May 3, 2018, it is stated that the Danish FSA will incorporate new relevant information that will later appear in the Danske Bank case. Now, the Danish Bank report is available, and therefore the Danish FSA will again look at the basis of the case.

Contact

Director, Communications

Søren Møller Christensen
+45 33 55 82 99
smc@ftnet.dk

Translation from original text in Danish. In case of discrepancies, the Danish version prevails.


Jesper Berg, Director General of the Danish FSA:

“The Danish FSA will reopen the work that we initially finished with our decision of May 3, 2018.

Our work will bring into focus whether the basis for our decision in respect of Danske Bank’s management and control relating to the money laundering issues in the Estonian branch has changed.

As stated in our May decision, we will assess whether new information will lead to new evaluations.

 

When new information appears, the Danish FSA will of course evaluate whether this new information has influence on decisions taken.

Now, we will compare the information from Danske Bank with the information we used as background for our decision of May 3, 2018.

We will not rely on the evaluation made by Danske Bank nor by their law firm, but we will ourselves obtain the information related to the report of Danske Bank, i.e. information of significance for our continued investigation.

 

In addition, we will continue our close work with the Danish State Prosecutor for Serious Economic and International Crime (SØIK) and the Estonian FSA, and so contribute to a well-organized cooperation between authorities related to the Danske Bank case.”