Regulatory Alerts2025-07-02
Order on Branches of Credit Institutions Authorized in Non-EU Countries Without Financial Agreements with the EU
The Danish Financial Supervisory Authority issues this Order to regulate the authorization, supervision, and operational requirements for branches of credit institutions authorized in third countries without financial agreements with the EU. The regulation establishes a classification system distinguishing between Class 1 and Class 2 branches based on asset size and liability thresholds, mandating specific capital, liquidity, and governance standards for each. It further details the application process, required business plans, reporting obligations, and conditions for the revocation of licenses to ensure financial stability and effective oversight.
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