Nordea controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile5 entries
2024
Danish anti-money-laundering prosecution
Danish authorities brought a case alleging that Nordea failed to prevent or properly monitor suspicious transactions involving Russian customers. The case concerns historical conduct and remains a legal and regulatory matter.
2019
Nordic money-laundering allegations
Broadcast and investigative reporting linked Nordea to alleged money-laundering flows involving former Soviet states and criticized historical weaknesses in customer and transaction controls.
2017
Paradise Papers offshore-lending disclosures
The Paradise Papers reporting raised further questions about lending to customers and companies connected with secrecy jurisdictions and about the adequacy of Nordea's controls.
2016
Panama Papers and offshore-company scrutiny
Leaked documents and investigative reporting examined Nordea's historical assistance to customers seeking offshore structures, including arrangements involving Panama and the British Virgin Islands. Swedish regulators opened an investigation into the bank's conduct.
2007
Customer phishing and trojan incident
Customers were targeted over an extended period by phishing emails containing a trojan horse. Nordea reported that funds were stolen and refunded affected customers.