Rules on money laundering, basic deposit accounts for minors and card payment fees
Official title (in Danish): Lov om ændring af hvidvaskloven, lov om finansiel virksomhed, lov om betalinger, lov om fondsmæglerselskaber og investeringsservice og -aktiviteter og forskellige andre love (Styrkelse af Danmarks efterlevelse af FATF’s anbefalinger om bekæmpelse af hvidvask, terrorfinansiering og proliferationsfinansiering, oprettelse af basal indlånskonto for mindreårige, fastsættelse af regler om gennemsigtighed i gebyrer og vilkår for indløsning af betalingstransaktioner med et betalingsinstrument og gennemførelse af direktiv om tilsyn med investeringsselskaber m.v.)
In short
Reading time: 1 min- What changes:
- The act is meant to strengthen efforts against money laundering, terrorist financing and the financing of weapons of mass destruction.
- The maximum penalty for receiving stolen goods and money laundering in ordinary cases is raised from 1 year and 6 months to 3 years.
- Minors can get access to open a basic deposit account without the consent of their guardian.
- The minister sets the detailed rules, including the age limit, in regulations.
- There are also rules on transparency of fees and terms for card payments.
- Who: The rules apply to, among others, businesses and persons covered by the Money Laundering Act, and to minors who can get a basic deposit account.
- When: The Act entered into force on 15 September 2026. Some parts will enter into force on 20 November 2026.
Written by AI from verbatim quotes from the source and checked by code and AI. Dates, tables and the fact box are calculated by fixed rules. Unofficial translation. Always read the original.
Sources and original
Read the official text (in Danish) →
The case at the Danish Parliament (ft.dk)
Source: Retsinformation.dk
Translated from Danish · The Danish version and the original source apply.
Summary by the Danish Parliament (in Danish)
Forslaget skal styrke indsatsen mod hvidvask, terrorfinansiering og finansiering af masseødelæggelsesvåben. Med forslaget indføres der i hvidvasklovgivningen krav om, at virksomheder skal foretage risikovurderinger vedrørende finansiering af masseødelæggelsesvåben og have kontroller, der sikrer overholdelse af regler om finansielle sanktioner mod lande, personer og virksomheder. Kravene skal understøtte efterlevelsen af FN’s sikkerhedsresolutioner, EU’s sanktionsforordninger og internationale anbefalinger fra Financial Action Task Force (FATF). Forslaget skal desuden give mulighed for, at mindreårige fra 15 år i visse tilfælde kan oprette en basal indlånskonto uden værgens samtykke. Derudover skal forslaget styrke konkurrencen på betalingsområdet og skabe mere gennemsigtighed i betalingsmarkedet samt udmønte aftalen fra 26. juni 2025 mellem den daværende regering (Socialdemokratiet, Venstre og Moderaterne), Socialistisk Folkeparti, Det Konservative Folkeparti, Radikale Venstre og Dansk Folkeparti om styrkelse af Dankort.
Source: Folketinget (ft.dk). Reproduced unchanged.
Timeline
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- Introduced · 25 June 2026Status in the Danish Parliament: Fremsat
- Passed · 3 September 2026Status in the Danish Parliament: 3.beh./Vedtaget
- Stadfæstet · 8 September 2026Status in the Danish Parliament: Stadfæstet
- Partly entered into force · 15 September 2026Status in the Danish Parliament: Stadfæstet
- The rest enters into force · 20 November 2026In 16 days