The award-winning, Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore a subject. In this episode, we consider the Danske Bank AML enforcement action, and 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