Regulatory Alerts2023-05-26
Order on Submission of Reports etc. to the Financial Intelligence Unit
The Danish Financial Supervisory Authority issued this order to regulate the digital submission of suspicious transaction and terrorism financing reports to the Financial Intelligence Unit. It mandates that reports be filed via XML format through the official website, specifying strict content requirements, language standards, and procedures for technical failures. Non-compliance with these submission rules is subject to fines and potential criminal liability for legal entities.
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