Regulatory Alerts2017-11-15
Order on Notification and Registration of Providers of Services to Businesses in the Danish Business Authority's Register for Combating Money Laundering
The Danish Business Authority issues this order to mandate the registration of providers of services to businesses in its anti-money laundering register. It establishes detailed requirements for initial notifications, including the disclosure of beneficial owners and leadership, as well as procedures for reporting changes or deregistration. Non-compliance with these notification obligations is subject to fines and potential criminal liability for legal entities.
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