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Jyske Bank Accepts DKK 24 Million Fine for Regulatory Non-Compliance
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Jyske Bank Accepts DKK 24 Million Fine for Regulatory Non-Compliance

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The latest announcement is out from Jyske Bank A/S ( (GB:0MGD) ).

Jyske Bank has accepted a fine of just below DKK 24 million for failing to comply with Danish anti-money laundering regulations regarding customer due diligence and inspection duties from 2010 to 2021. The issue involved a small portfolio of mortgage loans in Southern Europe, which has been addressed, and the bank has worked with authorities to close the case.

More about Jyske Bank A/S

Jyske Bank A/S operates in the financial industry, primarily offering banking services with a focus on mortgage loans and financial solutions.

YTD Price Performance: 5.79%

Average Trading Volume: 26,064

Technical Sentiment Consensus Rating: Hold

Current Market Cap: DKK32.36B

For an in-depth examination of 0MGD stock, go to TipRanks’ Stock Analysis page.

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