Jesper Berg, Director General of the Danish FSA, addressed a number of current topics related to the Danish financial system in his presentation at Nykredit’s Capital Markets Day November 14, 2018.

The EU-wide stress test shows that the four Danish banks will maintain excess capital relative to capital requirements even in the event of a severe economic downturn. Danske Bank, Nykredit, Jyske Bank and Sydbank will maintain Common Equity Tier 1 capital ratios be-tween 11.7 and 15.6 per cent by the end of 2020. Going forward, the results will feed into the supervisory dialogue with the banks on their capital targets and distribution policies.

The Danish Supervisory Authority has issued a decision on Danske Bank's follow-up to the eight orders that were part of the decision of 3 May 2018 on management and control in relation to the Estonian branch. Due to increased compliance and reputational risks, the bank received an order to re-evaluate the solvency need and, as a minimum, to increase its Pillar II add-on covering these risks to at least DKK 10 billion.

The Estonian financial supervision and resolution authority Finantsinspektsioon and the Danish FSA in this statement express their shared understanding of the supervisory responsibilities between the two regulators, as a response to numerous respective inquiries from media.

Overview of organisation and divisions.

Information about the Minister of Industry, Business and Financial Affairs, Rasmus Jarlov, and the Ministry of Industry, Business and Financial Affairs.

Company annoncements from listed companies.