The Monetary Authority of Singapore (MAS) and the Danish Financial Supervisory Authority (Danish FSA) today signed a FinTech Co-operation Agreement which aims to help FinTech companies in Singapore and Denmark to expand into each other’s markets.

The Danish FSA publishes today a discussion paper on the preliminary considerations regarding principles for resolution and setting the minimum requirement for own funds and eligible liabilities (MREL) for small and medium-sized banks. Finansiel Stabilitet has been consulted and has contributed to the discussion paper during its preparation.

Following a public hearing, the Danish Financial Supervisory Authority has decided which waivers and deferrals will apply as from 2018 in respect of publication of order and trade information.

Danish savings in collective investments rose in 2016 to a total of DKK 2,050 billion. This corresponds to 38 per cent of Danes’ total financial savings, according to a new analysis by the Danish FSA.

Information about the Minister of Industry, Business and Financial Affairs, Brian Mikkelsen, and the Ministry of Industry, Business and Financial Affairs.

We are working for financial stability and confidence in financial undertakings and markets