Nordea Unit Faces Danish Probe Over Suspected AML Lapses

Denmark’s financial watchdog has reported a local unit of Nordea Bank to police over suspected breaches of anti-money laundering rules and requested a criminal investigation.

During an inspection in June 2023, the Danish Financial Supervisory Authority found that Nordea Finans Danmark A/S lacked sufficient knowledge about a large group of its customers, the regulator said in a statement Monday.