"We are closely watching all information related to possible participation by Lithuanian financial institutions in money laundering. Responsible institutions in Denmark are now carrying out an investigation in to the Danske Bank case and we are cooperating with the Danish colleagues for all information that needs to be assess be taken into account," the central bank told BNS.
Philippe Vollot, chief compliance officer at Danske, said earlier on Friday that the bank acknowledges the fact that the bank was too slot to respond to the extent of the problems and the need to resolve them. He also underlined that the bank is now in a better position than it was in 2007-2015 and has increased resources dedicated to compliance and combating financial crime across the bank and have invested heavily in IT systems.
An international probe by investigative journalists revealed on Thursday that large amounts of money of dubious origin have been transferred over the past decade via Danske Bank's Lithuanian arm. The investigation is based on leaked data received by BuzzFeed News.
After Danske Bank's money-laundering prevention flaws came into light, the bank's Estonian branch was mainly in focus. Following the money laundering scandal, Danske Bank made the decision to suspend is banking operations in the Baltic states.
Key Lithuanian companies protected from Russian, Belarusian control
As Latvia last week banned Russian and Belarusian legal or natural persons from holding stakes in or...
Lithuania and Kazakhstan aim to develop economic ties and transport connections
Lithuania and Kazakhstan seek to increase the volume of bilateral trade through much closer...
Court: Belaruskali and LTG contract posed threat to national security
The contract between Belarusian fertilizer producer Belaruskali and Lietuvos Gelezinkeliai (Lithuanian...
Two more sanctioned companies may be placed under temporary administration
Lithuania's Financial Crime Investigation Service (FCIS) mulls placing under temporary administration...
Statistics of Lithuanian airports: while other airports are quickly reaching the pre-pandemic results, Kaunas Airport continues to lead
In May this year, Lithuanian airports continued to rapidly approach the results registered before the...
Top news
Authorities and businesses hit with Russian hackers' cyber-attack
An ongoing cyber-attack by a Russia-affiliated hacker group on Monday disrupted the operations of some...
Lithuanian leaders agree on "key principles" for EC talks on Kaliningrad transit
Lithuanian leaders met at the Presidential Palace on Monday and agreed on "key principles and...
Almost half of Lithuanians change their habits amid rising fuel prices
Rising fuel prices are forcing almost one in two Lithuanian adults to change their habits and switch...
Alejandra from Nicaragua: in Kaunas, I have the freedom to walk anywhere I like
When she was 17, Alejandra Gutierrez Luna travelled half the world from South America to Africa to...
Lithuanian politicians after Estonian PM's remarks: no need to worry about NATO plans
Lithuanian politicians say there's no reason to worry after the Estonian prime minister said NATO 's...