Danske Bank Is 'Solid' Says Danish FSA Director Berg

The transcript discusses the financial and regulatory challenges faced by Danske Bank, particularly in relation to money laundering issues in Estonia and Denmark. It covers the increased regulatory capital requirements imposed by the FSA, the suspension of Danske Bank's share buyback program, and the concerns of shareholders and clients. The discussion extends to broader money laundering problems in Europe, highlighting the need for improved standards and cooperation among authorities. The transcript concludes with a reflection on the challenges of supervision and enforcement in the banking sector.

What measures are being taken to improve money laundering standards in Denmark?

What role do European authorities play in addressing money laundering issues?

What challenges does the bank face in terms of information reporting?