Rotten Company

DNB Bank ASA Rotten Score Breakdown

💼Corporate Misconduct

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
📰Human Rights & Exploitation

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
🎭Fraud & Corruption

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
🧪Deceptive Practices

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
🚨Environmental Harm

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
🌱Sustainability Deception

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
💸Workplace Misconduct

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
⚠️Financial Misconduct

No flavor assigned

Avg Rating: 5.00Ratings: 2Severity Score: 12.00Evidence Count: 2Contribution: 60.0 pts
Misconduct: low 0 · medium 0 · high 2
Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%
DNB NOK 400 million AML sanction
Finanstilsynet found serious deficiencies in DNB Bank ASA's compliance with Norway's Anti-Money Laundering Act. The regulator's 2020 inspection and its examination of DNB's handling of customer relationships linked to the Samherji group identified significant AML shortcomings. Based on violations under the current AML Act, Finanstilsynet imposed an administrative fine of NOK 400 million in 2021. Finanstilsynet later reported that the decision was not appealed. Sources: https://www.finanstilsynet.no/en/news-archive/inspection-reports/2021/inspection-report--dnb-bank-asa/ and https://www.finanstilsynet.no/en/publications/annual-report/annual-report-2021/reports-from-the-supervised-sectors-for-2021/money-laundering-and-financing-of-terrorism/