HALISTER1: Estonia Sees Money Laundering in Decline Since 2014 Danske Case

Estonia Sees Money Laundering in Decline Since 2014 Danske Case

(Bloomberg) -- Money laundering risks in Estonian financial sector have “clearly” declined since 2014, when watchdog started increasingly focusing on such activities, Estonian Prime Minister Juri Ratas tells lawmakers in capital Tallinn.
  • Danske has brought its activities in line with legal requirements by now, and has ended business activity involving "risky non-residents,” Ratas says
  • Estonia is reviewing fines for financial crimes after Danske case
  • NOTE: Danske Money Laundering Probe Expands With French Investigation
To contact the reporter on this story: Ott Ummelas in Tallinn at oummelas@bloomberg.net To contact the editors responsible for this story: Andrea Dudik at adudik@bloomberg.net Andras Gergely, Paul Abelsky

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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DANSKE DC (Danske Bank A/S)

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Juri Ratas (Republic of Estonia)

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