Danish ministry submits draft anti-money-laundering law for consultation
Regulation1 min read
Denmark’s Ministry of Taxation and Growth reportedly submitted a draft anti-money-laundering law for consultation on 6 November 2026. The draft would replace the current law and proposes supervisory powers, including directions and coercive penalty payments; responses are due by 4 December 2026 at 15:00.
Denmark’s Ministry of Taxation and Growth reportedly submitted a draft anti-money-laundering law for consultation on 6 November 2026. The draft would repeal and replace the existing Danish law.
The proposals cover supervisory powers, including the power to issue directions and impose coercive penalty payments. The draft addresses the duties and access to information of Denmark’s suspicious transaction reporting centre.
Many substantive obligations for businesses come from the EU anti-money-laundering regulation rather than the Danish draft. The regulation applies directly in all EU member states from 10 July 2027. The sixth anti-money-laundering directive principally covers national supervision, beneficial ownership registers and the work of financial intelligence units.
Danish gambling providers are already subject to anti-money-laundering rules, with Spillemyndigheden supervising compliance. Spillemyndigheden issued updated guidance for providers in 2024 covering risk assessments, internal controls and customer due diligence. The consultation documents contain no new obligations specific to gambling providers.
The consultation list includes Spillebranchen, Kasinoforeningen, Dansk Automat Brancheforening and Bankoforeningerne i Danmark. The draft may change after consultation and must then pass through Denmark’s legislative process. Responses are due by 15:00 on 4 December 2026.