Advertisement
Singapore markets open in 8 hours 11 minutes

  • Straits Times Index

    3,287.75
    -5.38 (-0.16%)
     

  • S&P 500

    5,028.95
    -42.68 (-0.84%)
     

  • Dow

    37,983.44
    -477.48 (-1.24%)
     

  • Nasdaq

    15,521.77
    -190.98 (-1.22%)
     

  • Bitcoin USD

    64,376.38
    -312.33 (-0.48%)
     

  • CMC Crypto 200

    1,385.89
    +3.32 (+0.24%)
     

  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     

  • Gold

    2,339.50
    +1.10 (+0.05%)
     

  • Crude Oil

    82.60
    -0.21 (-0.25%)
     

  • 10-Yr Bond

    4.7020
    +0.0500 (+1.07%)
     

  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     

  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     

  • FTSE Bursa Malaysia

    1,569.25
    -2.23 (-0.14%)
     

  • Jakarta Composite Index

    7,155.29
    -19.24 (-0.27%)
     

  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

Danish FSA reports Jyske Bank to police for possible breach of anti-money laundering act

Reuters
·1-min read
Signage is seen at a Jyske Bank branch in Copenhagen

COPENHAGEN (Reuters) - Denmark's financial watchdog has reported lender Jyske Bank to the police for possible breach of anti-money laundering legislation, it said on Monday.

The Financial Supervisory Authority (FSA) said in a statement it among other things had found "significant shortcomings" in the bank's customer due diligence measures.

Jyske Bank said in a separate statement: "Jyske Bank is now awaiting the police's assessment of the case. We will cooperate with the police on all aspects of the case, and then we hope for a quick decision."

The bank saw limited risk that it had been exploited for money laundering, it added.

(Reporting by Stine Jacobsen, editing by Essi Lehto and Anna Ringstrom)