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Notice On Provision Of Powers To The Fsa

Original Language Title: Bekendtgørelse om henlæggelse af beføjelser til Finanstilsynet

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Publication of the closure of powers to the Financial supervision

Under Section 371, in the Act of Finance, cf. Law Order no. 705 of 25. June 2012, and section 219 of the law on investment associations, etc., cf. Law Order no. 935 of 17. September 2012, set :

§ 1. Exasions which, in accordance with the following laws, are attributed to the business and growth Minister, are carried out by the Financial supervision, cf. however, Section 2 :

1) Promise of financial undertaking, cf. Law Order no. 705 of 25. June 2012, as last amended by Section 2 of Law No 557 of 18. June 2012.

2) Insurance intermediation code, cf. Law Order no. 930 of 18. September 2008, as last amended by Section 6 of Law No 1556 of 21. December 2010.

3) Law on investment associations, etc., cf. Law Order no. 935 of 17. September 2012.

4) Law on mortgages and mortgage bonds, etc., cf. Law Order no. 1261 of 15. November 2010 as last amended by Section 5 of Law No 155 of 28. -February 2012.

5) Promise of a shipbuilding institute, cf. Law Order no. 886 of 8. August, 2011.

6) Law on the supervision of company pension funds, cf. Law Order no. 1561 of 19. In December 2007, as last amended by Section 4 of Law No 155 of 28. -February 2012.

7) Act on securities trading, etc., cf. Law Order no. 855 of 17. 1 August 2012, as last amended by section 2, nr. 14-19, 31, 38 and 48, in law no. 155 of 28. -February 2012.

8) Law No 468 of 17. June 2008, on approved auditors and auditors, as last amended by section 24 of the Act of Law No 1. 718 of 25. June 2010.

9) Law on payment services and electronic money, cf. Law Order no. 365 of 26. April 2011, as last amended by Law No 1369 of 28. December 2011.

10) Law on the Labor Market's Supplementary Pension, cf. Law Order no. 942 of 2. In October 2009, as last amended by Section 17 of Law No 1. 326 of 11. April 2012.

11) Law on the Payback Fund for the Payback, cf. Law Order no. 1156 of 3. October 2007, as last amended by Section 2 of Law No 599 of 14. June 2011.

12) Law No 697 of 25. June 2010 on pathematic cooperatives.

§ 2. The Minister for the Industry and Growth Pact continues to exercise the following powers : section 2 : the Minister for the Industry and Growth Pact continues to exercise the following powers :

1) In the law of financial activities :

a) The gingy for after paragraph 43 (5). 2, to lay down rules of good practice.

b) The gingy for after paragraph 43 (5). 3, to lay down rules on price and risk information for financial services.

c) The gingy for after paragraph 43 (5). 4, to lay down rules on jurisdiction to financial advisers.

d) The gingy for after paragraph 43 (5). 5, to lay down rules on the provision of central investor information to retail investors in the dissemination of shares in Danish UCITS, special associations and hedge funds.

(e) The gingy of the following section 204 (4). 1, allow the merger of two or more financial institutions whose share of the total working capital of the financial institutions (deposits + issued bonds and other funds + own funds) each comprise more than 4%. and the power to allow the association of two or more mortgage institutions to be combined.

(f) The following paragraph shall be referred to in Article 245 (2). ONE, TWO. pkt., by agreement with the tax minister, to appoint members for the Board of values.

g) The reference to paragraph 247 g, paragraph 1. THREE, ONE. PC, to approve the transfer of whole or part of the penalty's obligation under section 247 a and registered assets covered by section 247 b to another credit institution if the transfer amounts to more than 4%. of the working capital (deposits + issued bonds, etc. + left capital + own funds).

(h) The reference to the following section : 333 (a), 1, 3 and 4, to designate members and alternates to the Money and Pension panel.

i) The reference to the following section : 333 (a), 5, to lay down the Rules of Procedure of the Pensionary and Pensionary Board.

j) The gingy of the following section 344 (3). 6, to lay down rules on the financial system's procedures in accordance with EU legal rules.

c) The gingy of the following section 345 (3). 1 and 3-5, designate members, alternates, and in particular experts to the Financial Business Enterprise.

I) The gingy of the following section 345 (3). 12, to lay down the Rules of Procedure for the Financial Corporate Council.

m) The wing of the following section 345 (a) shall approve fees for fees, deposits and consecutive contribution to administration and reserve fund-building, etc. for loans financed with mortgage bonds, in particular covered mortgage bonds, or in particular covered debt securities and for which State aid is granted, except for loans in the area of land use.

n) The reference to the following section 356 (3). 1, allow the employees of the Finance-synet to operate self-employed.

o) The reference to the following section 356 (3). TWO, TWO. pkt., preparing guidelines for the reporting of capital records for the Director of the Finance Supply Director, and others.

p) The reference to the following section 356 (3). 3, to allow the Director of the Financial supervision to include loans and so on, as well as to prepare guidelines for the approval of the Finance-synet employees ' loans and so on.

q) The following paragraph 371 shall be set up to lay down rules on the procedure for complainal and so on.

r) The reference to the following section : 373 (a) (1). 1 to lay down rules relating to administrative poquiliva.

2) In the law on insurance dissemination :

a) The reference to paragraph 19 (1) of the following paragraph : 2, to lay down rules of good practice.

3) In the law on investment associations, etc. :

a) The reference to the following section of paragraph 22 (2). 2, to lay down rules of good practice.

b) The gingy of the following section, paragraph 196, 3, to lay down rules on the Financial-style procedures in accordance with EU law.

c) The following paragraph shall be laid down in accordance with section 219 of the provisions concerning the procedure for complainal and so forth.

4) In the area of mortgages and mortgage bonds, etc. :

a) The reference to paragraph 33 (3). 2 allow the transfer of a series or groups of series of series with a series of reserves.

b) The reference to paragraph 33 (3). 4, to decide whether the series or groups of series of series with the seriervevefund can be transferred in accordance with the proposed proposal.

5) In the law of a shipbuilding institution :

a) The gingy of the following section 7 (3). 4, to approve decisions in connection with transformation.

b) The gingy of the following section 7 (3). 5, approving the shareholder agreement.

c) The gingy for after § 10, 2. PC, to oppose a subsequent transfer of assets and liabilities of the stock company.

d) The gingestion of the following section 13 (3). 3, designate a member of the Executive Board of the Opera Fund.

6) In the law on the supervision of company pension funds :

a) The following paragraph shall be referred to in Article 6 (1) (a). 2, to lay down rules on good value paper commercial practices.

7) In the law on securities trading, etc. :

a) The following paragraph shall be set in accordance with section 3 (3). 2, to lay down rules of good practice.

b) The glance for after paragraph 60 (2). 3. The decision to provide information to a public authority is to be determined by a security central to a specific scope.

c) The reference to the following section 77 (2). 2, to appoint members and delegates to the Board of Appeal for Securities Centers.

d) The gingy for after Article 84 (4). 1, 4 and 5, to appoint members and alternates to the Fund.

(e) The gingy for after Article 84 (4). 10, to approve the Rules of Procedure of the Fund.

(f) The gingestion of the following section 93 (a), 1 to lay down rules relating to administrative poquiliva.

g) The following paragraph shall be referred to in paragraph 127 (a), FOUR, ONE. point, to appoint the chairman of the Board of Directors of the Securities Centre and the other board members.

8) In the law on payment services and electronic money :

a) The eye-eye for after paragraph 1 (1). THREE, TWO. provision, to lay down additional rules for certain types of services.

b) The table of the following section 80 (2). 3, to lay down detailed rules on how the price of the annual subscription is calculated.

c) The table of the following section 80 (2). 9, to lay down detailed rules on the special arrangements which will be concluded.

d) The table of the following section 80 (2). 10, 1. a point, to decide that section 80 is not applicable to international payment instruments.

(e) The table of the following section 80 (2). 10, 2. provision, to lay down additional rules for international payment instruments.

(f) The gingy for after Article 84 (4). 2, to lay down detailed rules on refine business practices and good practices for undertakings providing payment services.

g) The gingy for after Article 85 (3). 5, to determine the first paragraph of the paragraph. 3 is to be departed from research purposes.

(h) The gingy for after Article 85 (3). 6, to lay down rules for treatment abroad by the Member (1). 3 mentioned information.

i) The gingy of the following section 100, paragraph 1. 2, to lay down detailed rules for the determination of the payment and the levying of the consumer and of the Competition Management Board of the Contest.

§ 3. The announcement shall enter into force on 1. February, 2013.

Paragraph 2. At the same time, notice No 1416 of 21. December, 2011, on the execution of powers for the SEC and on the draft Executive Order of the Financial Regulation (Delegation Order).

Erk and the Ministry of Acquist, the 21st. December 2012

Annette Vilhelmsen

/ Hans High