Regulatory Alerts2021-12-28
Order on Certain Tax-Favored Savings Forms in Credit Institutions
The Danish Financial Supervisory Authority and the Ministry of Industry, Business and Financial Affairs issued this order to regulate tax-favored savings forms, including pooled funds and separate deposit accounts, within credit institutions. It establishes strict requirements for customer information delivery, administrative guidelines, and disclosure obligations regarding risks and performance. Furthermore, it defines permissible investment instruments and imposes specific limits on the use of derivatives and unlisted capital shares to ensure investor protection.
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