Regulatory Alerts2025-06-09
Danish Act on Financial Business
The Danish Ministry of Industry, Business and Financial Affairs, in collaboration with the Danish Financial Supervisory Authority, promulgates the consolidated Act on Financial Business, incorporating amendments from late 2024 and early 2025. This legislation establishes the comprehensive regulatory framework for financial undertakings in Denmark, transposing numerous EU directives and regulations concerning banking, insurance, investment services, and market infrastructure. It defines the scope of application for various financial entities, including credit institutions, investment firms, and holding companies, while setting out detailed definitions and governance requirements.
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