Tag: danske bank

ASIC applauds the enactment of stronger whistleblowing laws
November 22, 2018 BY Valentina Kirilova

Danske Bank money-laundering whistleblower’s attorney to testify before European Parliament

The attorney for Danske Bank money-laundering whistleblower Howard Wilkinson has been invited to testify before the European Parliament’s Special Committee on Financial crimes, Tax Evasion and Tax Avoidance in Brussels, Belgium as an expert witness on whistleblower rights. Wilkinson, a former employee at Danske Bank’s Estonia office, uncovered a massive money-laundering scandal involving billions of…

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SFC fines
July 23, 2018 BY Valentina Kirilova

Nordea and SEB among five banks fined €2.5M for issuing unauthorized credit ratings

The European Securities and Markets Authority (ESMA) just informed the public that it has today fined Danske Bank, Nordea Bank, SEB, Svenska Handelsbanken and Swedbank €495,000 each and issued five public notices for negligently breaching the Credit Rating Agencies Regulation (CRAR). ESMA found that the five banks infringed the CRAR by issuing credit ratings without…

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March 03, 2016 BY Mike Fox

R3 trials blockchain fixed income trading with 40 banks

The trial marked an unprecedented scale of institutional collaboration between the financial and technology communities exploring how distributed ledgers can be applied to global financial markets. Just released is a major blockchain announcement from financial technology innovation company R3 CEV. In short, they connected 40 banks to five different blockchains and allowed them to facilitate…

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