Prosecutors have asked a Danish court to impose a DKK6.6bn (~$988m) fine in a money‑laundering case stemming from failures more than a decade ago; the bank denies the allegations. The court is expected to rule on Monday. Prosecutors say the alleged breaches relate to DKK26bn (~$3.9bn) of transactions between 2012‑2015, mainly routed through the bank’s Copenhagen branch. Denmark’s Special Crime Unit describes the action as the most comprehensive AML prosecution against a bank in Denmark; charges

Prosecutors have asked a Danish court to impose a DKK6.6bn (~$988m) fine in a money‑laundering case stemming from failures more than a decade ago; the bank denies the allegations. The court is expected to rule on Monday. Prosecutors say the alleged breaches relate to DKK26bn (~$3.9bn) of transactions between 2012‑2015, mainly routed through the bank’s Copenhagen branch. Denmark’s Special Crime Unit describes the action as the most comprehensive AML prosecution against a bank in Denmark; charges allege weak internal controls, ignored risk alerts, failures to report suspicious flows and inadequate review of 25 clients flagged for shell addresses and opaque ownership.