Regulatory Alerts2026-04-26
Added
Consolidation Act on Payments
This consolidation act announces the Act on Payments, incorporating amendments from Act No. 711 of 20 June 2025, specifically Section 2, Nos. 1-17 and 20. It clarifies that certain other amendments from Act No. 711, which enter into force on 2 July 2026, are not yet included. The Act applies to issuers of electronic money, payment service providers, and payees, detailing specific exemptions for foreign entities, certain services, and payment instruments, and outlining conditions for offering electronic money and payment services in Denmark. It also defines 40 key terms relevant to payment services and electronic money.
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