After Danske, Next Dirty Money Route Gets Scrutinized in Denmark

Link

As one avenue for money launderers is shut, another one may be opening.

  • Frances Schwartzkopff
  • Bloomberg

In Denmark, home to Danske Bank A/S, the authorities are now taking a closer look at companies that provide payment services.

The worry is that the process is becoming so complex that criminals might be able to hide their illicit transactions.

Danish Business Minister Rasmus Jarlov says the goal is “to all the time be ahead of the criminals.”

Because they’re “trying to exploit any loophole and any weakness in the financial system.”

Jarlov is part of a government that is still reeling from allegations that the…

Leave a Reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.