A simple search in Infomedia shows that the Danish word "hvidvask" has been used four times as frequently this year as in 2017. Side 1 af 6  We have witnessed extensive misuse of the financial infrastructure for illegal activities. There has been and still is a need to strengthen efforts in this area.
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.