Summary

This course offers insights into the Danske Bank money laundering scandal, covering its causes, compliance failures, and lessons for strengthening AML practices.

This course is one of several courses within the Certificate in AML Case Analysis. If you wish to achieve this award, you must complete this course along with all other mandatory courses in the associated learning plan.

Audience

Course Objectives

• Understand the details and impact of the Danske Bank money laundering scandal and the key factors that contributed to the failures

• Identify the red flags and risk indicators that were missed and could arise in similar situations

• Recognise the regulatory obligations and compliance requirements that financial institutions must meet to prevent money laundering and other financial crimes

• Apply lessons learned from the Danske Bank case to enhance AML compliance within your own institution

Course Structure

• Section 1: Overview of the Danske Bank Money Laundering Scandal

• Section 2: Regulatory Requirements and Compliance Obligations Impacting on the Case

• Section 3: Key Red Flags and Risk Indicators in the Danske Bank Scandal

• Section 4: Lessons Learned from the Danske Bank Scandal

• Section 5: Case Studies

• Knowledge Evaluation

Duration & CPD Hours

This course should take you between 45 and 90 minutes, depending upon your pace of learning. Additionally, this course is accredited by The CPD Certification Service and carries 1.5 CPD hours.