Financial crime, money laundering and sanctions
Kromann Reumert assists with handling cases and questions about financial crime, money laundering and sanctions. We have a particular focus on the financial sector, which we have assisted in those questions over many years. In addition, we advise industrial, consultancy and commercial undertakings as well as European groups of companies on the increasingly complicated legislation within this area.
Financial crime, money laundering and compliance with sanctions are given a high priority by Danish and foreign authorities. As a financial undertaking, you are legally required to make investigations and, in some cases, to notify the authorities.
Cases about violation of the Danish Anti-Money Laundering Act have attracted substantial public and political attention, which has prompted increased focus on and resources to the Danish Financial Supervisory Authority (DFSA) and the Danish State Prosecutor for Serious Economic and International Crime (SØIK). At the same time, legislation is complex, and the fines can be immense.
We have for several years been working intensively with anti-money laundering legislation and know the worst pitfalls in cases about compliance with the rules.
Our advice
We offer advice on areas such as:
- handling of financial crime
- SAR/STR reporting
- investigations relating to money laundering and sanctions
- representation of clients before the State Prosecutor and other authorities
- conduct of, and follow-up on, searches and dawn raids
- international enforcement and disclosure of confidential information.
Contact
