24/09/2018 (Agence Europe) – On Monday 24 September, the European Commissioner for Justice, Vera Jourova, confirmed on Twitter that she had asked the European Banking Authority (EBA) to “probe what went wrong in the supervision of Danske Bank”, whose Estonian subsidiary has been caught up in a money laundering scandal. The EBA will attempt to determine whether the Estonian or Danish supervisory authorities broke EU law. The Commissioner previously raised this possibility at a press release last week (see EUROPE 12100), subsequently announcing that she was to meet the Danish and Estonian finance ministers to take stock on the matter on Tuesday 2 October. At this stage, the case is the subject of criminal investigations in Estonia and Denmark, but also, since Monday, in the United Kingdom, which is investigating the possible involvement of companies registered on its soil. (MF)