Plesner provides advice on all anti-money laundering aspects. Our advisory services to financial services companies are based on in-depth knowledge of the increasingly complex and detailed legislation and the authorities' specific actions.
The Danish Government, the European Commission and the Danish FSA pay a lot of attention to the anti-money laundering rules, not least as a consequence of the recent terrorist attacks in Europe, the Panama Papers and the generally increased focus on compliance by financial services companies following the financial crisis.
The requirements as to the financial services companies' ability to comply with anti-money laundering legislation have been on the rise and further requirements are on the way. It means that companies are facing challenges when handling the expenses and the resources relating to anti-money laundering and complying with anti-money laundering legislation.
The fifth Anti-Money Laundering Directive was adopted and published in the Official Journal of the European Union on 19 June 2018. The Directive was implemented into Danish law with effect from 10 January 2020. The sixth Anti-Money Laundering Directive is currently under negotiation and is expected to be adopted by the EU on 3 December 2020.
Plesner has in-depth knowledge of the regulations and practices in respect of anti-money laundering and terror financing measures and provides advice on anti-money laundering measures and anti-money laundering legislation.
Our anti-money laundering expertise is gained from working for the Danish prosecution service and the Danish Public Prosecutor for Serious Economic and International Crime as well as having in-depth knowledge of the financial sector and the Danish FSA.
