Blog: Central Bank of Ireland fines Danske Bank €1.8m in landmark passport case – International Investment

The Central Bank of Ireland has fined Danske Bank €1.82m for three breaches of its anti-money laundering and terrorist financing rules in the first such penalty that it has imposed on a financial institution which is incorporated and supervised outside of Ireland, but which operates in Ireland as a branch on a passport basis.
In a statement on 15 September, the Dublin-based banking authority said the Criminal Justice Act breaches stemmed from the failure by Danske Bank A/S (Danske) to ensu…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s