Regulatory Alerts2025-11-27
Order on Good Conduct in Residential Credit
The Danish Financial Supervisory Authority issued this Order to implement EU directives regarding consumer credit agreements secured by residential immovable property. It establishes strict requirements for financial institutions and mortgage intermediaries to act honestly, transparently, and in accordance with good business practice. The regulation mandates comprehensive pre-contractual disclosures, standardized marketing information, and specific obligations for providing guidance and independent advice to borrowers.
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