A recent encounter with my bank (in Denmark) it made my realize that banks became mass surveillance devices for the different states disguised by fighting anti money-laundering.
It might just be me and my situation but as a customer I can't refuse to provide information about any of my transactions because the bank will cancel my accounts as required by our local law. I find this quite insane.
Is this a common EU behaviour for banks for all of EU? How did it become like this and why is no one protesting laws like this?
Is your implementation of this law (Anti-Money Laundering Directive (AMLD)) different from the Danish one? Are you allowed to refuse to provide details about transactions without consequences?
It might just be me and my situation but as a customer I can't refuse to provide information about any of my transactions because the bank will cancel my accounts as required by our local law. I find this quite insane.
Is this a common EU behaviour for banks for all of EU? How did it become like this and why is no one protesting laws like this?
Is your implementation of this law (Anti-Money Laundering Directive (AMLD)) different from the Danish one? Are you allowed to refuse to provide details about transactions without consequences?