Other Considerations The following were also taken into consideration when determining the appropriate sanction: The Irish branch's financial position and the need to impose a proportionate level of penalty. The Central Bank notes Danske's cooperation in this investigation and this enforcement action against Danske is now concluded. The need to have an appropriate deterrent impact on Danske and the regulated financial services sector in general. 1 This included a range of customers, including those categorised by Danske as banks, insurance, stockbrokers and specialised lending customers. 2 Further information is available on the Early Discount Scheme at point 4 of the Notes section. 3 In this case, Danske is "passporting in" to Ireland i.e. it uses an authorisation obtained in Denmark to sell its products or services in Ireland.