The Danske Bank AML Enforcement Action

The award winning, Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode, we consider the Danske Bank AML enforcement action, the bank recently pled guilty to money-laundering violations through its Estonia subsidiaries. Some of the highlights included: ·      The background facts.  ·      What did the home bank know and when? ·      Did a tech failure set this all in motion? ·      The Bank’s attempts to hide the violations from US authorities. ·      Why is the US and not Denmark bringing an enforcement action against a Danish bank? ·      What about CCO certification? ·      The role of the Danish monitor.  Resources Tom in the FCPA Compliance and Ethics Blog Matt Kelly in Radical Compliance Learn more about your ad choices. Visit megaphone.fm/adchoices