2026-06-11
Added
This Executive Order, effective July 1, 2026, establishes requirements for recovery plans for banks, mortgage credit institutions, a ship financing institution, investment firms, and certain financial holding companies. It mandates that recovery plans include scenarios of severe macroeconomic and financial stress and quantitative and qualitative indicators for triggering recovery actions. Simplified plans are permitted for non-systemically important institutions and those with balance sheets under DKK 2 billion, with specific annual or triennial submission deadlines to the Danish Financial Supervisory Authority (FSA). The order also repeals Executive Order no. 47 of January 16, 2023.
More like this from FT
We email you every new FT publication the day it's published.