COPENHAGEN, March 14 Danish banks should significantly increase their focus on complying with rules to avoid money laundering and tax evasion, the Danish Financial Services Authority (FSA) said on Tuesday in a report in the wake of the so-called the Panama Papers.
This was backed by the country's business minister.
"It's unsatisfactory that a range of banks in clear violation of the law apparently have risked participating in money laundering," business minister Brian Mikkelsen said in a statement.
"That's why I see a need for initiatives with a focus on increased management responsibility". (Reporting by Teis Jensen and Nikolaj Skydsgaard, editing by Stine Jacobsen)
Czech lower house to continue debate on tighter mortgages control
PRAGUE, June 27 The lower house of Czech parliament voted on Tuesday to include a bill giving the central bank stronger powers to control mortgage lending on the agenda of its June-July session, the press department of the chamber said.