2025-11-18
The Danish Ministry of Industry and the Danish Financial Supervisory Authority issued this statutory order to consolidate the Act on Investment Funds, incorporating amendments from late 2024 and mid-2025 while explicitly excluding future changes regarding crypto exposure and ESG plans scheduled for 2026-2028. The legislation defines the scope of Danish UCITS, including investment funds, SIKAVs, and securities funds, and establishes strict licensing requirements and naming rights enforced by the supervisory authority. It further details the regulatory framework for master-feeder structures, depositary obligations, and the definition of financial instruments to ensure compliance with EU directives on collective investment.