Danske Bank Money Laundering Probe Is Widening

The video discusses the growth of financial activities beyond Just Dance, focusing on Estonian Central Bank data from 2000 to 2015. It highlights the challenges in estimating nonresident transactions and the small scale of Estonia's economy. The Estonian government and banks are actively addressing money laundering concerns. The video also considers the potential for EU scrutiny on financial activities in Estonia and Latvia, given their proximity to Russia.

What was the primary focus of the Estonian Central Bank data discussed in the video?

• Dance-related activities

• Cross-border transactions

• Local banking operations

• Tourism statistics

What example of a legitimate cross-border transaction was mentioned?

• Estonian textile exports to Germany

• Estonian timber exports to Sweden

• Estonian software exports to the USA

• Estonian milk exports to Lithuania

How did the Prime Minister of Estonia respond to money laundering allegations?

• By resigning from his position

• By blaming neighboring countries

• By defending the banking sector

• By ignoring the allegations

Which two countries are mentioned as being close to Russia and potentially under EU scrutiny?

• Finland and Sweden

• Lithuania and Poland

• Estonia and Latvia

• Norway and Denmark

What is the main concern regarding the financial flows in Estonia and Latvia?

• They might require more scrutiny

• They are too small to matter

• They are only beneficial

• They are entirely innocent