2025-11-18
The Danish Ministry of Industry and the Danish Financial Supervisory Authority issued this consolidated Act on Capital Markets to implement various EU directives and regulations governing financial market actors and behaviors. The legislation defines key market entities such as regulated markets, multilateral trading facilities, and central counterparties, while establishing specific regulatory scopes for bond representatives, issuers, and takeover bids. It further extends certain fund broker regulations to credit institutions and insurance companies, and outlines the applicability of rules regarding netting, payment systems, and financial collateral.