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Jyske Bank A/S ( (GB:0MGD) ) just unveiled an announcement.
Jyske Bank A/S has accepted a fine of nearly 24 million DKK for failing to meet anti-money laundering requirements related to customer due diligence and investigation duties on 35 customers with mortgages in Southern Europe from March 2010 to September 2021. The issue pertains to a minor portfolio in the bank’s Keyplan Mortgage department, with the loans established before 2012. The bank asserts that it has since corrected the deficiencies and emphasizes its strong focus on combating financial crime and money laundering, having cooperated with the National Unit for Special Crime throughout the process.
More about Jyske Bank A/S
Jyske Bank A/S is a financial institution that operates in the banking industry, providing a range of financial services. It focuses on mortgage lending, particularly through its Keyplan Mortgage division, catering to customers in various regions, including Southern Europe.
YTD Price Performance: 5.79%
Average Trading Volume: 26,064
Technical Sentiment Consensus Rating: Hold
Current Market Cap: DKK32.36B
Learn more about 0MGD stock on TipRanks’ Stock Analysis page.
