Regulatory Alerts2026-06-08
Report on Anti-Money Laundering Inspection of Connecting IT
The Danish Financial Supervisory Authority issued an inspection report on Connecting IT S.M.B.A. following a December 2025 anti-money laundering review, mandating immediate corrective actions across seven critical compliance failures. The regulator ordered the company to develop a comprehensive money laundering and terrorist financing risk assessment, establish a formal AML policy, and implement enhanced customer due diligence procedures that accurately reflect high-risk client profiles and business relationships. Additionally, the authority compelled the firm to register in the GoAML reporting system, strictly monitor and investigate suspicious transactions, and promptly notify the Money Laundering Secretariat to rectify systemic deficiencies in its compliance framework.