meta_id 3269225

On June 24, 2026, Denmark's Financial Supervisory Authority (FSA) published an inspection report following an anti-money laundering examination of Jyske Bank A/S conducted on November 27 and 28, 2025. The FSA conducted a risk-based inspection focusing on the bank's trade finance customers and transactions across several areas: customer due diligence, transaction monitoring, investigations and reporting, governance structures including business procedures and internal controls, and the bank's treatment of environmental crime risks within trade finance activities. The FSA identified significant deficiencies in the bank's anti-money laundering framework. The authority determined that Jyske Bank had insufficiently incorporated environmental crime risks into its anti-money laundering measures, despite environmental crime being identified as a material risk in Denmark's 2022 National Risk Assessment. The bank's risk assessment for anti-money laundering does not address environmental crime or associated risks. Additionally, the bank's trade finance procedures and red flag indicators—designed to trigger further transaction scrutiny—do not reference environmental crime indicators or risks. The FSA found the bank failed to assess environmental crime risks when collecting and processing customer information, despite customers' exposure to such risks through their industry sectors and geographic operations. The inspection resulted in one enforcement order and one reprimand. The FSA issued a mandatory order requiring the bank to revise its risk assessment to adequately incorporate environmental crime risks through customer activities and business models, and to ensure sufficient focus on environmental crime within its anti-money laundering procedures, trade finance processes, red flag lists, and customer due diligence collection. The FSA also issued a reprimand for excessive delays in processing transaction monitoring alerts between September 2024 and May 2025, which increased the risk that the bank failed to timely report suspicious transactions to the Money Laundering Secretariat.