In a recent report to the Danish Public Accounts Committee, The Danish National Audit Office (Rigsrevisionen) criticizes the authorities tasked with AML regulation in Denmark for being too lax. For regulated entities in Denmark, the reports are likely to mean increased activity and scrutiny going forward as authorities seek to pick up the slack. From … Continue reading Buckle up for the crackdown: Danish authorities criticized for lax AML effort
Marketing Newsletter sent out February 2020 Website re-designedFirst of all we are happy to announce that our website has gone through quite a makeover. Click here and explore for yourself. The main purpose of our website is to create a digital customer journey for you. To be the end-to-end point of contact for all new and existing customers. In … Continue reading The NewBanking Star #01
Passport and driver’s license verification used by 30.000 organizations in 180 different countries including access to the most comprehensive Business Due Diligence database with global beneficial ownership mapping. That is just a small part of what you get by partnering with NewBanking Identity. Like the (probably) best beer in the world, we truly believe that … Continue reading Probably the best identity solution in the world…
This week a new bill, the 5th money laundering directive, was put into place in Denmark. This law amends the Money Laundering Act and the Financial Business Act. The bill works as a preventive measure against the use of the financial system for money laundering or terrorist financing.