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  • IMF's report on money laundering risks in the Nordic-Baltic region published
    Emne:
    2023, Press releases
    On behalf of the Nordic and Baltic countries, the IMF has analyzed money laundering risks in the Nordic-Baltic region. Based on this, the IMF makes recommendations to the countries on how efforts to combat money laundering can be strengthened, for example through increased cooperation between the countries.
  • Seminar and publication of IMF’s analysis of cross-border money laundering threats and vulnerabilities
    Emne:
    2023, Press releases
    The eight countries of the Nordic-Baltic Constituency of the International Monetary Fund (IMF) took in 2021 the initiative to engage the IMF to conduct a regional analysis of cross-border money laundering (ML) threats and vulnerabilities, along with an analysis of the impact on financial stability.
  • Results for the Danish participants in the EU-wide stress test 2023
    Emne:
    2023, Press releases
    Danske Bank, Nykredit, Jyske Bank, and Sydbank have participated in the EU-wide stress test 2023, which is coordinated by the European Banking Authority (EBA). The stress test is very severe and leads to a significant depletion in the banks’ capital ratios. For Danske Bank and Jyske Bank the decrease is of a magnitude such that the institutions have to make use of the capital conservation buffer over the three-year adverse scenario. Nykredit and Sydbank comply with capital requirements, but with modest excess capital. All institutions fulfil their solvency need with a comfortable margin.
  • New technology has the potential to increase the efficiency of systems settling securities trades
    Emne:
    Press releases
    The Danish Financial Supervisory Authority (DFSA) has investigated, together with Deon Digital Denmark A/S and their partners Agreena ApS (Agreena), BEC Financial Technologies a.m.b.a (BEC), Capital Market Partners A/S (CMP) and the University of Copenhagen (UCPH), whether and under what conditions Deon Digital’s Smart Financial Instruments system (SFI system) can be covered by the new EU DLT Pilot Regulation. The result from the test run in the DFSA’s regulatory sandbox, FT Lab, shows that Deon Digital’s DLT trading and settlement system may in the future be able to make use of the exemptions from current rules that the Regulation allows.
  • Thematic review of sustainability disclosures for funds having sustainable investments as an objective
    Emne:
    2023, Press releases
    The Danish Financial Supervisory Authority (the Danish FSA) has conducted a thematic review of sustainability disclosures in prospectuses and key investor information documents (KIIDs) for eight funds that have sustainable investments as an objective (also known as “fully sustainable” funds). The review shows that the management companies (MCs) for the eight funds have not ensured that the funds disclose information on sustainability in a clear, adequate and comprehensive manner. The sustainability disclosures are, therefore, insufficient on several material areas.
  • Project on cyber stress test
    Emne:
    2022, Press releases
    The DFSA launches a new programme for strengthened operational resilience in the financial sector. In the programme, the consequences of an extensive ICT disruption will be analysed by means of cyber stress testing.
  • All EU-citizens has a right to a basic payment account
    Emne:
    2022, Press releases
    A basic payment account allows you to deposit money, withdraw cash and execute and receive payment transactions. The account can also be used as your public bank account in Denmark, a so called “NemKonto”.
  • Application for a Danish third-country cross-border license
    Emne:
    2022, Press releases
    Investment firms and credit institutions from a country outside the European Union with which the Union has not entered into an agreement in the financial area (third-country) may apply the Danish Financial Supervisory Authority for a license to carry out investment services and activities with or without ancillary services on a cross-border basis without establishing a branch in Denmark, cf. Section 41 of the Danish Act on Investment Firms and Investment Services and Activities and Section 33 of the Danish Financial Business Act (Danish third-country cross-border license).
  • Activities in Denmark from UK based insurance undertakings after Brexit
    Emne:
    2020, Pressrelease, Press releases, Pressemeddelelser
    The UK’s exit from the EU means that the UK is no longer a part of the internal market and that EU regulation no longer applies. Consequently, UK based insurance undertakings cannot provide insurances in Denmark under the freedom to provide services or the right to establishment.
  • Blockchain proves its potential in test in the DFSA's regulatory sandbox, FT Lab
    Emne:
    2022, Press releases
    Blockchain is gaining traction in the financial field and the potential of the technology is widely recognised. However, with the use of new technology, new risks often also follow, and it can be difficult to determine how to handle services based on blockchain within the existing regulation.
  • Lower threshold for notification of net short positions
    Emne:
    2022, Press releases
    The European Commission has decided to permanently lower the threshold for notification of net short positions. The threshold is changed from 0.2% to 0.1% of the issued share capital and will apply as from Monday 31 January 2022.
  • Results for the Danish participants in the EU-wide stress test 2021
    Emne:
    Press releases, 2021
    Danske Bank, Nykredit, Jyske Bank, and Sydbank have participated in the EU-wide stress test 2021. This is a very severe stress test, which leads to significant decreases in the capital ratios of the institutions. For Danske Bank the decrease is of a magnitude that the institution has to make use of the capital conservation buffer over the three-year projection. Jyske Bank fulfils its capital requirements, but with modest excess capital. All institutions fulfil their solvency need with a comfortable margin.
  • Gefion Finans A/S under frivillig likvidation (formerly Gefion Insurance A/S) declared bankrupt
    Emne:
    2021, Press releases
    The Danish insurance company Gefion Finans A/S under frivillig likvidation (Gefion) formerly known as Gefion Insurance A/S has been declared bankrupt. Policyholders can cancel their policy, if they wish to do so. The policy will be cancelled 3 months after the declaration of the bankruptcy in the Danish journal, Statstidende. The Danish Guarantee Fund for non-life insurance undertakings will only cover risks (within the scope of coverage) in Denmark for insurance policies written in Denmark
  • Annual Seminar on Money Laundering and Terrorist Financing
    Emne:
    2021, Press releases
    Save the Date: We would like to invite you to the Danish Financial Supervisory Authority’s annual seminar on money laundering and terrorist financing.
  • An analysis on developing the digital infrastructure and strengthening the “Know Your Customer”-procedures
    Emne:
    2021, Press releases
    On 27 march 2019, Danish parliament reached a political agreement on strengthening the Danish efforts against financial crime. As a part of this agreement, the Danish Financial Supervisory Authority (DFSA) was assigned to analyse and identify initiatives that can support companies, who are subject to AML/CFT regulations in their efforts against financial crime with a specific focus on strengthening their Know Your Customer (KYC) procedures.
  • High trade transparency on the Danish mortgage bond market works well
    Emne:
    2021, Press releases
    The Danish market for mortgage credit bonds is the covered bond market in Europe with the highest trade transparency.
  • Warning about false letters with the DFSA´s name, logo, stamp and signature
    Emne:
    2021, Press releases
    Several citizens have contacted the DFSA on the basis of having received false letters with the name and logo of the organization and in some cases even its stamp and signature.
  • The temporarily lowered notification threshold for net short positions in European shares will expire
    Emne:
    2021, Press releases
    Effective from 20 March 2021, the normal 0.2 percent notification threshold for net short positions in shares will come back into force. The European Securities and Markets Authority (ESMA) has on 15 March 2021 decided not to renew its decision to temporarily lower the notification threshold to 0.1 percent for net short positions in shares traded on regulated markets within the European Union.
  • Nordic-Baltic countries engage the IMF to conduct an analysis of cross-border money laundering and terrorist financing risks in the region
    Emne:
    2021, Press releases
    The eight countries of the Nordic-Baltic Constituency of the International Monetary Fund (IMF) have taken the initiative to engage the IMF to conduct a regional analysis of money laundering (ML) and terrorist financing (TF) threats and vulnerabilities.