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Update on investigation into possible violation of French anti-money laundering legislation

PR-Inside.com: 2019-01-11 09:13:02


Press release

 

 

 

 

 

 

 

 

 
 Group Communications
Holmens Kanal 2 – 12
DK-1092 København
Tel. +45 45 14 56 83

 

11 January 2019

Update on investigation into possible violation of French anti-money laundering legislation

In continuation of the media coverage of the ongoing investigation into the possible violation of French anti-money laundering legislation in the period 2007-2014, Danske Bank would like to provide an update on developments in the case.

Danske Bank is still a party to the investigation in France, and we have an ongoing dialogue with the authorities.

In January 2019, Danske Bank received a letter from an investigating judge of the French Tribunal de Grande Instance de Paris court summoning Danske Bank to an interview to discuss matters relating to the ongoing investigation into organised money laundering of tax evasion proceeds and stating that the judge envisages placing Danske Bank under formal investigation. 

As a result, Danske Bank may again become subject to formal investigation instead of being an assisted witness. The letter also indicated that the scope had been expanded to include transactions in the amount of approximately EUR 28 million in total between 2007 and 2014.

If our dialogue with the French judge results in a change of Danske Bank’s legal status, we will notify the market through the same channels as on previous occasions. In October 2017, when we were charged with violating French anti-money laundering legislation, we notified the market via a company announcement. We did the same in January 2018, when the status of Danske Bank in the investigation was changed to that of an assisted witness.

Other than the above, Danske Bank cannot comment further on the case at the present time.

Danske Bank

Contact:
Group Press Officer Kenni Leth, tel. +45 45 14 14 00

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