Skip to content

Civil case

SEC v. Danske Bank A/S

Authority: US Securities and Exchange Commission
Case number: Not published
Filed or opened: 13 December 2022
Organization: Danske Bank A/S
Current stage: Settled by consent to a final judgment
Outcome: Settled. The SEC release does not record an admission.

Decisions and steps

13 December 2022Bank agrees to pay US$413 million to settle SEC fraud charges^S2

Claims this case bears on

Supported98
The US Department of Justice said on 13 December 2022 that Danske Bank pleaded guilty to conspiracy to commit bank fraud and agreed to forfeit US$2.059 billion.
Regulator statement, 13 December 20223 records citedFraud

Sources

S2Tier A SEC Charges Danske Bank with Fraud for Misleading Investors about Its Anti-Money Laundering Compliance Failures in EstoniaUS Securities and Exchange Commission. Regulator press release. 13 December 2022.Supports the US$413 million SEC settlement. It is a settlement by consent and not a court finding.