Saxo Bank accepted DKK 313 million AML fine
Company: Saxo Bank A/S
Summary
Saxo Bank A/S accepted an administrative fine of DKK 313 million from the Danish Financial Supervisory Authority in January 2026 for breaches of anti-money-laundering customer-due-diligence and ongoing-monitoring requirements. The regulator found deficiencies in information collected concerning the purpose and intended nature of customer relationships and in monitoring of White Label Client relationships from January 2021 to May 2023. Source: https://www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2026/jan/administrativt-boedeforelaeg-til-saxo-bank-as