CBS: Important opportunity to move forward
Copenhagen Business School sees anti-money laundering as an area that is in need of further research and welcomes Danske Bank’s contribution. Professor Tom Kirchmaier, who will lead the initiative at CBS and has been working in the field of financial and organised crime for many years, sees the project as an important opportunity to move forward.
“Understanding financial and organised crime, and the associated money laundering activities, is one of the major remaining black boxes for the global scientific community. Our understanding is still scanty, and the associated detection mechanisms probably suboptimal. This is a global problem, with obvious implications for Denmark. I am very pleased that Danske Bank will support my team’s research to better understand the issues and, in particular, to help develop better detection mechanisms to make the entire process more effective and efficient.” says Tom Kirchmaier.
One out of eight projects on challenges in the financial sector
Danske Bank’s contribution is targeted at Risk Management & Anti-money Laundering, which is one of eight projects at CBS, all of which are concerned with the challenges facing the financial sector of the future.
Specifically, Danske Bank will contribute DKK 750,000 annually in the period from 2020 to 2023.
Other supporters of the research project
In addition to Danske Bank, the Nordic Finance and the good Society – a Sustainable Nordic Finance sector in a Disrupted Environment research project is also supported by
- Financial Services Union Denmark
- Nordic Financial Union
- CPH Business
- DLA piper