At Danmarks Nationalbank we are interested in this issue because money laundering can jeopardise financial stability. Customer and investor confidence is an essential prerequisite for providing financial services. So, loss of confidence can be very harmful for a bank. If confidence in a single participant is eroded, this may rapidly have an impact on the rest of the sector.
In the period since the announcement of the fixed-exchange-rate policy low and stable inflation has been achieved without loss of income relative to our major trading partners, Germany, Sweden and the UK, although it should be recalled that the transition to a low-inflation economy is not an isolated Danish phenomenon.