Order on the Limit for Working Capital

The Danish Ministry of Industry, Business and Financial Affairs issued this Order to establish the regulatory framework for working capital limits applicable to Danish credit institutions offering payment accounts. The regulation defines working capital as the sum of equity, subordinated capital contributions, deposits, other debt, pooled deposits, bonds at fair value, and bonds at amortized cost. It sets the specific limit for working capital at 15 billion Danish kroner, effective from July 1, 2025.

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Pursuant to Section 1a, subsection 3, of the Act on Payment Accounts and Basic Business Accounts, cf. Statutory Order No. 407 of 29 March 2022, as amended by Act No. 1666 of 30 December 2024, the following is enacted:

Section 1. This Order applies to Danish credit institutions that offer payment accounts on which a business operator or an association can deposit funds, withdraw cash, and carry out and receive payment transactions, including credit transactions, to and from third parties.

Section 2. In this Order, working capital is understood as the sum of equity, subordinated capital contributions, deposits and other debt, deposits in pooled schemes, bonds issued at fair value, and bonds issued at amortized cost.

Section 3. The limit for working capital, cf. Section 1a, subsection 1, no. 3, of the Act on Payment Accounts and Basic Business Accounts, is DKK 15 billion.

Section 4. This Order enters into force on 1 July 2025.

Ministry of Industry, Business and Financial Affairs, 4 June 2025

Morten Bødskov
/ Hans Høj

Statutory Gazette A
2025 Published on 7 June 2025
4 June 2025. No. 633.
Ministry of Industry, Business and Financial Affairs, Financial Supervisory Authority, file no. 25-000377 CQ003246

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Source: Finanstilsynet Denmark — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works