Financial Business Act par. 124 - Extended time limit to honour the solvency requirement - Amagerbanken

Extended time limit to honour the solvency requirement according to Financial Business Act par. 124

In letter of 5th October 2009 the Danish FSA announced a decision regarding a time limit to Amagerbanken according to par. 225 in the Financial Business Act to honour the solvency requirement of par. 124 in the same Act.

The Danish FSA has extended, due to the banks request and according to par. 225 in the Financial Business Act, the time limit to Friday 6th November 2009 at 4 pm. The Danish FSA will take a position on extending this time limit, if the bank so requests.