Which authority is recorded against Saxo Bank A/S?

The entry is recorded against Finanstilsynet, in the Denmark jurisdiction, under the theme Correspondent relationships · monitoring · screening.

What is the current status of this entry?

Status: Inspection report published. Last recorded change: 1 September 2023. The matter arose or was first recorded on 1 September 2023.

How was this matter brought to light?

Supervisory inspection. Each statement in the entry reflects material already published by a named source; nothing beyond those sources is asserted or inferred.

Where can the primary sources for DK-2024-04 be checked?

The entry links to Finanstilsynet AML inspection, 15 February 2024; Finanstilsynet compliance inspection, 29 April 2024.

DK-2024-04 · Denmark · 2024

Danish FSA inspection of AML controls at Saxo Bank

Finanstilsynet examined the bank's handling of correspondent relationships, customer due diligence, transaction monitoring, sanctions screening and reporting duties, together with internal controls and the compliance function.

Trading floor at night, illustrating a Danish FSA inspection of AML controls — Illustrative image · Saxo Bank A/S

Institution: Saxo Bank A/S
Authority: Finanstilsynet
Status: Inspection report published
Theme: Correspondent relationships · monitoring · screening
Raised by: Supervisory inspection
Jurisdiction: Denmark
Matter arose: 1 September 2023
Last recorded: 1 September 2023

What the sources record

The inspection took place in May 2023; the report was published on 15 February 2024.

A separate function inspection of the compliance area was published on 29 April 2024, following up on observations from earlier inspections in 2019 and 2021.

Primary sources

Questions and answers on this entry

What does register entry DK-2024-04 record?: Danish FSA inspection of AML controls at Saxo Bank. Finanstilsynet examined the bank's handling of correspondent relationships, customer due diligence, transaction monitoring, sanctions screening and reporting duties, together with internal controls and the compliance function.
Which authority is recorded against Saxo Bank A/S?: The entry is recorded against Finanstilsynet, in the Denmark jurisdiction, under the theme Correspondent relationships · monitoring · screening.
What is the current status of this entry?: Status: Inspection report published. Last recorded change: 1 September 2023. The matter arose or was first recorded on 1 September 2023.
How was this matter brought to light?: Supervisory inspection. Each statement in the entry reflects material already published by a named source; nothing beyond those sources is asserted or inferred.
Where can the primary sources for DK-2024-04 be checked?: The entry links to Finanstilsynet AML inspection, 15 February 2024; Finanstilsynet compliance inspection, 29 April 2024.

This entry summarises published material for research and compliance-screening purposes; read the disclaimer. Any party named in a source may request a correction or exercise a right of reply through the contact page.

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