DOJ, SEC Settlements & Fines
Money Laundering at Its Finest
What’s in this report from podcaster and compliance expert Tom Fox:
A U.S.-led investigation into Danske Bank ended late last year with the announcement of a $2 billion-plus fine and guilty plea, and the Denmark-based bank could be on the hook for more international consequences.
Podcaster and compliance expert Tom Fox digs into the particulars of the case, including:
- How U.S. authorities managed to get jurisdiction over a bank that’s headquartered in Copenhagen.
- How an acquisition was the beginning of the trouble for Danske.
- What Danske’s settlement says about the continued bad behavior of banks.
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