Denmark
Denmark set to continue growing despite risks – central bank
The Scandinavian economy is prepared to withstand external shocks, says analysis
Technology in reserve management: Outlook for 2019
Reserve managers look to cloud for solutions, but security issues remain
Danish mobile phone use cuts cost of P2P payments
Widespread adoption of technology fosters more efficient operations
Estonian and Danish authorities trade accusations as further AML scandal breaks
Swedish, Estonian and Lithuanian authorities announce joint investigation into Swedish bank
EBA probes alleged AML failings by Danish and Estonian authorities
Estonia and Denmark criticise each other’s ‘failings’ over supervision of scandal-hit bank
Nordic-Baltic crisis simulation seeks to reinforce collective response
Nordic-Baltic Stability Group carried out first region-wide crisis scenario in January
Danish krone rate has limited impact on current account – research
Household savings have a far larger effect, central bank says
Denmark intervenes to maintain euro peg
A rate hike is “very likely” if intervention continues, analyst says
Staff cuts made at majority of central banks since 2013
But staff numbers grow at several banks, including ECB and Bank of England
Number of risky housing loans issued in 2018 drops, says Danish central bank
Limits on loan-to-value and debt-to-income ratios have seen reduction on risky loans
Denmark adopts cyber resilience programme
European Central Bank developed the test, which sets a new standard in the financial sector
Cyber resilience hinges on collaboration, Nordic central bankers say
A decline in cash usage means Nordic economies cannot rely on it as a backstop when systems fail; preventative measures must be cost effective, says Norwegian deputy
Smaller banks struggle in Danish stress tests
Non-systemic lenders fall short by almost $100 million; even with intervention creditors could suffer losses, central bank says
The EU tries to rethink its faltering AML regime
The European Union plans to centralise its anti-money laundering efforts following a series of scandals this year. Dan Hardie looks at the options available and the multitude of challenges that remain
Payment costs down 50% in Denmark
Cash usage declines to the same level of credit cards, official survey says
Danish supervisor reopens Danske Bank investigation
UK’s National Crime Agency opens investigation of British entity with links to Danish bank
Danske Bank acknowledges ‘major deficiencies’ in money laundering case
CEO quits as bank publishes internal investigation into irregular operations at Estonian branch
Denmark should avoid fiscal stimulus to preserve balanced recovery – central bank
Government should be ready to tighten public spending to prevent the economy from overheating
‘Hyman Minsky was right’ – Don Kohn
Macro-prudential policy should mitigate crisis risks, but needs to be well communicated, says Bank of England policy-maker
Cyber crime potentially biggest risk to Danish banks, central bank says
Central bank study finds most financial institutions have reinforced their security since 2016
Denmark completes RTGS renewal
New functionality will allow Danish banks access to Europe’s Target2-Securities in late 2018
Denmark’s exchange rate stable despite greater FDI inflows
Large international investments absorbed by krone market, central bank says
Danish governor reflects on central bank’s legacy at 200th anniversary
Fixed exchange rate adopted in 1982 was a turning point, Rohde says
Low rates contribute to higher deposits in Denmark
Bank deposits amount to 60% and household deposits 45% of GDP