Machine Translation of "Law Amending The Law On Financial Business, Law On Securities Trading, Etc., Law On Payment Services And Electronic Mone..." (Denmark)

Law Amending The Law On Financial Business, Law On Securities Trading, Etc., Law On Payment Services And Electronic Money And Various Other Laws (Transmission Of Information To The Public Prosecutor's Office And Police, The Creation Of The Systemic Ris...

Original Language Title: Lov om ændring af lov om finansiel virksomhed, lov om værdipapirhandel m.v., lov om betalingstjenester og elektroniske penge og forskellige andre love(Videregivelse af oplysninger til anklagemyndighed og politi, oprettelse af Det Systemiske Risikoråd, sam

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Law on the rule of law on financial activities, the law on securities trading, etc., the law on payment services and electronic money and different laws 1)

(The disclosure of information to the Public Prosecutor, the establishment of the Systemic Risk Board, the aggregation of the Financial Business Council and the Foundation, short selling, new approach to the enforcement of solvency requirements and the establishment of supervision of the reference centre, etc.),

We, by God's grace, the Queen of the Danes, do our thing.

The parliament has adopted the following law, and we know that the following law has been approved by Parliament's consent :

§ 1

In the law of financial activities, cf. Law Order no. 705 of 26. June 2012, as amended by Section 2 of Law No 512 of 17. June 2008 and section 2 of the Law No 557 of 18. June 2012, the following changes are made :

1. I footnote to the title of the law ' and the Directive 2010 /76/EC of the European Parliament and of the Council of 24. November 2010 amending Directive 2006 /48/EC and 2006 /49/EC in respect of capital requirements relating to commercial stock and resecuritisations and supervision of remuneration policies (CRD III), EU Official Journal 2010, nr. In 329, page 3 "to :", Directive 2010 /76/EC of the European Parliament and of the Council of 24. November 2010 amending Directive 2006 /48/EC and 2006 /49/EC in respect of capital requirements relating to commercial stock and resecuritisations and supervision of remuneration policies (CRD III), EU Official Journal 2010, nr. I have 329, page 3, and the European Parliament and Council Directive 2011 /89/EU of 16. November 2011 amending Directive 98 /7 8 / EC, 2002 /87/EC, 2006 /48/EC and 2009 /138/EC as regards the supplementary supervision of financial units in a financial conglomerate, EU Official Journal, 2011, nr. L 329, page 113. "

2. In the same way, the 'Financial Business Advisory Council' is replaced by the 'Financial Council'.

3. I Section 1 (1). 2, the following shall be inserted after ' Section 71 (1) 1, no. 9, and paragraph 1. 2, "SECTION 75,"

4. I § 1 inserted after paragraph 1. 13 as new play :

" Stop. 14. Chapter 20 d shall apply to Danish credit institutions which contribute to the determination of Danish and foreign reference establishments. ` ;

paragraphs 14 to 16 shall then be referred to in paragraph 1. 15-17.

5. I Section 5 (5). 1, pasted as no. 28 :

" 28) Referenced :

A published interest calculated using a formula against the background of a number of independent stems from individual reports pursuant to agreement or rules on this subject to the basis of an agreed rate-fixing, ', between credit institutions or between credit institutions and their customers. ` ;

6. I § 39 pasted as paragraph 8 :

" Stop. 8. Paragk 6 and 7 shall not apply to undertakings carrying out services ' s activities covered by Annexes 7 and 8. ` ;

7. I § 75 pasted as paragraph FOUR :

" Stop. 4. Paragraph 1-3 shall apply by analoging to financial undertakings and financial holding companies in relation to subsidiaries, which are financial undertakings. ` ;

8. I § 77 a, paragraph. 1, no. 6, in section 225 (4), 1 or 3 "to :" § 225, paragraph. One or four. "

9. I § 124, paragraph 1. 5, the words ' other than those laid down in paragraph 1 shall be amended. 2, no. 1 ' shall be : ` in the form of a supplement to the solvency requirement set out in paragraph 1. 2, no. 1. The Financial supervision may also require the type of capital to comply with the Appendix. '

10. I § 125 a, paragraph 1 1, "2010, 2011, 2012 and 2013" will be replaced by : "2010, 2011, 2012 and 2013".

11. I § 126, paragraph 1. 2, no. 5 (a) " 57.5 million is changed. EUR " 61,3 million. Euro.

12. I § 126, paragraph 1. 2, no. 5 (b) " 40,3 million is changed. EUR "42.9 m." Euro.

13. I § 126, paragraph 1. 2, no. 6 and 8, is replaced by ' 3.5 million. EUR " 3.7 million. Euro.

14. I § 126, paragraph 1. 2, no. 7, " 2.3 million is changed. Euro : EUR 2.5 million. Euro.

15. I § 126, paragraph 1. 2, no. 9, is replaced by ' 3.2 million. EUR : " 3.4 million. Euro.

16. I § 126, paragraph 1. 2, no. 10, is replaced by " 1.1 million. The euro shall be EUR 1.2 million. Euro.

17. I section 144, paragraph 1. 1, in section 225 (4), 1 and 3 ` shall be : ' § 225, paragraph 1 One and four.

18. § 152 b, paragraph. 1 and 2, ITREAS :

' Penal institutes authorised to issue in particular covered bonds may make loans necessary to satisfy the obligation to provide additional security, cf. § 152 A, paragraph 2, or to increase the overcover in a register.

Paragraph 2. It must be stated in the loan agreement, which register, cf. section 152 g, paragraph 1. The loans referred to in paragraph 1 shall be reloan 1 may be entered. `

19. § 205 ITREAS :

" § 205. Whereas the Minister for the Industry and Growth Minister may lay down rules that the provisions relating to merger in Chapter 15 and 16 of the company law with the necessary adjustments shall apply to :

1) merger of mutual insurance undertakings,

2) fusion of savings and other dwits ; and

3) the concentration of mutual insurance undertakings or savings and shareholdings, with a capital undertaking. ` ;

20. § 206 revoked.

21. § 209 (4) 2, ITREAS :

" Stop. 2. The following figures shall not be either together or individually identified by a majority of the Management Board for the person referred to in paragraph 1. The said Fund or association :

1) Members of the Administrative Board, the representative or similar representative bodies and staff of the austerity, or the andelskasseaktiliability company, cf. § 207, paragraph 1. 1.

2) Members of the Administrative Board, the representative or similar representative bodies and staff of the subsidiary or association of the fund or association of the fund or association of the Fund.

3) shareholders in the austerity, or the andelskasset asset, where the right to vote directly or indirectly amounts to a minimum of 5%. the voting rights of the shareholders, or the right or indirect of which is directly or indirectly at least 5%. Of the stock record. "

22. I § 225, paragraph 1. 1, the ' paragraph shall be amended 4 and 5 ` shall be replaced by the following : 2, 5, and 6. "

23. I § 225 inserted after paragraph 1. 1 as new paragraph :

" Stop. 2. A financial institution or a real credit institution which meets the capital requirements of section 124 (4). Paragraph 2 or 3 does not comply with the individual solvency requirement laid down in section 124 (4). The Financial supervision may, at the same time, be required to carry out the necessary measures within the time limit set by the Financial Commission, which may be extended by the Institute. The Financial supervision may continue to provide further measures, provided that it is required. The financial supervision may fix a period after paragraph 1. 1 to comply with the individual solvency requirement laid down pursuant to section 124 (4). 5, after paragraph 1. 1, if the Foundation does not carry out the necessary measures after 2. and 3. Pct. "

Paragraph 2-5 shall then be referred to in paragraph 2. 3-6.

24. I § 225, paragraph 1. 3, the first paragraph of the Member 4, shall be amended ' paragraph 1 4 and 5 ` shall be replaced by the following : 5 and 6. "

25. I § 225, paragraph 1. 4 and 5, the first paragraph of the Member Paragraph 5 and 6 shall be replaced by ' paragraph 1. Paragraph 1 and 3 shall be replaced by the following : One, two and four.

26. I § 247 d, paragraph ONE, TWO. pkt., and paragraph 3, is replaced by ' in order to provide additional security, cf. ` ; to : ' in accordance with '.

27. § 247 e, 1. pkt., ITREAS :

" Provenu of loans granted by financial institutions pursuant to section 152 b (b) of the financial institutions. 1 and not included in a register, in the case of the bankrupt institution of the financial institution, serve to cover holders of the special covered bonds and counterparts of the financial instruments of the register to which the loans are taken. ` ;

28. I § 247 f, paragraph ONE, TWO. pkt., is replaced " in order to provide additional security, cf. § 152 b ` to : `, in accordance with section 152 b (b), 1 '.

29. I § 256 (2) 4, change " § 259, paragraph ONE, ONE. Pct. " to : " § 258 (4) ONE, ONE. Pct. "

30. After section 343 r is inserted before Section XI is inserted :

" TITLE X D

The Systemic Risk Boat

Chapter 20 d

The Systemic Risk Boat

§ 343 s. The Minister for the Industry and Growth Pact sets out the Systemic Risk Council, which consists of ten members. The Council shall :

1) 2 members are nominated by Denmark's National Bank, one of which must be the chairman of Denmark's National Bank Executive Board. The chairman of the Governing Board of the Danish National Bank shall be chairing the Council.

2) 2 members will be set by the Financial supervision.

3) 1 shall be suspended by the Ministry of Finance and the Ministry of Finance, the Ministry of Finance and the Ministry of Economic and Interior.

4) 3 members are nominated by the Ministry of the Vocational and Growth and the Ministry of Industry, after consulting the Danish National Bank. The members must be independent experts with knowledge of financial matters.

Paragraph 2. The Minister for Industry and Growth will appoint members of the Systemic Risk Council and the suppleant of this. The members shall be designated for up to four years at a time and may be re-appointed.

Paragraph 3. The Systemic Risk Board is an advisory council which is responsible for the task of

1) identify and monitor systemic financial risks in Denmark ;

2) express their views through observations on systemic financial risks ;

3) come with warnings about the construction of systemic financial risks,

4) come forward with recommendations on the financial measures to reduce or prevent the building of systemic financial risks ; and

5) be consulted on the warnings and recommendations of the European Systemic Risk Board (ESRB).

Paragraph 4. The warnings and recommendations of the Systemic Risky Council have been issued in accordance with paragraph 1. 3, no. As a starting point, the Financial Authority and, if it relates to legislation, will be able to be directed against the government.

Paragraph 5. The Systemic Risk Boat will decide to give sightings, warnings and recommendations by a simple majority. In voting, the President's voice is crucial. Representatives of the Ministry of Acquisitions, the Ministry of Finance, the Ministry of Economic and Home Affairs and the Ministry of Economic Affairs do not have the right to vote in respect of observations, warnings and recommendations which are directed against the government. When the Council emits observations, warnings and recommendations addressed to the government, these must include a statement by the representatives of the ministries.

Paragraph 6. Observations, warnings and recommendations made pursuant to paragraph 5. 3, no. Two-four, shall be made public. The Systemic Risk Council, for example, can, for example, take a decision, for example, of the fact that this is a confidential warning or a recommendation that is not to be made public.

Paragraph 7. The SEC, relevant ministries and Denmark's National Bank are required to provide relevant information, including information on specific institutes and so on and extraditing relevant documents and so on at the request of the Council, if the Council considers that : the information is necessary for the Council to perform its tasks. Confidential statistical information obtained by the Danish National Bank in accordance with section 14 (a) (1). 1 and 2, in the Act of the National Bank of Denmark, including information at the level of the individual, where it is possible directly or indirectly to identify individual dives or undertakings, the Danish National Bank may be disclosed to the Council by the Danish National Bank on the request of the Council, if any ; The advice is advised that the information is necessary for the Council to perform its tasks.

Paragraph 8. The National Bank of Denmark is the secretariat of the Systemic National Council. The Ministry of Economic Affairs, the Ministry of Finance, the Ministry of Economic and Home Affairs and the Ministry of Economic and Monetary Affairs will participate in the secretariat.

Niner. 9. The Minister for Industry and Growth has set out the Rules of Procedure for the Systemic Risk Board on the Council's recommendation.

TITLE X E

Establishment of reference center

Chapter 20 e

Establishment of reference center

§ 343 t. For the purpose of determining the reference centre, the measures shall ensure that the framework for the setting is reassuring for credit institutions and their customers.

Paragraph 2. In the case of reference establishments, credit institutions which, in the case of reports, contribute to the determination of the reference Centre ' s report.

Paragraph 3. The supervision of the financial supervision shall ensure that the framework for the establishment of reference interest is reassuring, cf. paragraph 1, including the availability of adequate guidelines and controls, etc.

Paragraph 4. The financial supervision may lay down detailed rules on the provisions of paragraph 1. 3 supervised surveillance, including requirements for documentation, the preparation of guidelines, the implementation of controls, and external audits etc.

Supervision

§ 343 u. The financial supervision may obtain information after Section 347 (3). 1-4, on the establishment of reference points for the use of the European System of Central Banks, the European Banking Authority, the European Systemic Risk Board, the European Supervisory Authority of Insurance and The employment and European Securities and Markets Authority and the bodies established by the European Securities and Markets Authority shall be provided, provided that the information is required for the purposes of the taking of their duties. '

31. I § 344, paragraph. ONE, THREE. pkt., the ' Fund shall be replaced by the ' Fund ' s supervision as secretariat ' shall be replaced by : ' The supervision of the financial supervision `, and Four. revoked.

32. I § 344 inserted after paragraph 1. 4 as new paragraph :

" Stop. 5. The SEC may conclude contracts to carry out certain types of tasks, possibly against payment, for public authorities, governmental institutions, etc., if the SEC assesses that the task of carrying out the task can contribute to securing the financial services ; stability. "

Paragk 5 and 6 will then be referred to in paragraph 1. Six and seven.

33. § 344, paragraph. 6, there will be paragraph 1. 7, repealed, and replace the following :

" Stop. 7. The Minister for the Industry and Growth Pact may lay down detailed rules for the procedures of the Financial Regulations, in accordance with provisions laid down in Community law.

Paragraph 8. In certain cases, where a parent company in a group is a financial holding company or a financial undertaking, a derogation from groups may derogate from the rules laid down in this law or in accordance with the law in accordance with the law ; to the purpose of the relevant provisions and activities of the group. ` ;

34. § 345 ITREAS :

" § 345. The Minister for the Employment and Growth Pact sets the Financial Council, which consists of 14 Members. The Council shall :

1) 1 President and 1 Vice-President, one of which has legal and financial insight and has an economic insight.

2) 1 member with a theoretical accounting expertise.

3) 1 member with theoretical expertise in the field of capital market conditions.

4) 1 Member with financial and financial insights, which are set by Denmark's National Bank.

5) 2 members with particular insight into consumer relations, which are set by the Consumer Council and the Danish Union for the Association or for each of them.

6) 1 member with practical and theoretical accountancy expertise, which is set by FSR-Danish auditors.

7) 2 members with special insight into business and value pacpiecescation, which are set by DI, Denmark's Rederivatives, Danish Occupation, Handcrafts Council and Agriculture & Food in conjunction with each other.

8) 1 member with special insight into real-credit-type-service training, which will be set by the RealCredit and RealCredit Society or each for himself.

9) 2 members with special insight into the financial institution area and securities trading, which are set by the Financial Council, the Danish Realtors Association, the Danish Foundation for the Danish Foundation for the Association or for the Association of the Association for the Association or for each of them.

10) 1 Member with special insight into the conditions of insurance undertakings, which are set by Insurance & Pension, FMF-Insurance brokerage association, the Labor Market's Supplementary Pension and the Labour Fund ' s Fund for the Association or for each individual.

Paragraph 2. The Financial Council

1) take decisions in the supervisory matters of principle and in supervisory matters which have significant implications for financial undertakings and financial holding companies ;

2) make decisions in cases of injunction pursuant to section 347 b (2) ; 1,

3) decide to surrender cases covered by item (s). 1 to police investigation and

4) shall assist the Financial supervision of its information company and advise the Financial supervision in connection with its issuing of rules.

Paragraph 3. The Minister for the Industry and Growth Pact will appoint members of the Council for up to four years at a time. Members may be reappointed.

Paragraph 4. The Minister for the Industry and Growth Pact shall appoint each member to be a member of this Parliament. In the case of a member's decline, the alternate shall participate in the Member's behalf. For the Member who shall be adjusted in accordance with paragraph 1. 1, no. 6, however, three alternates shall be designated. Supplecils shall be designated for a period corresponding to the period for the member of the Council for which the person concerned has been appointed.

Paragraph 5. The Minister for the Industry and Growth Pact shall appoint two special experts for each member appointed in accordance with paragraph 1. 1, no. 4-8, and up to 4 specially qualified experts for each member appointed in accordance with paragraph 1. 1, no. 9 and 10. In the case of the establishment of the Rules of Procedure, the business and growth minister shall draw up the rules of procedure, cf. paragraph 11, a list of organizations having the right to set a special case. The competent experts may, following the decision of the President, take part in the meetings of the Council without voting rights. However, a maximum of 2 experts may participate in the proceedings of each individual case in the Councils of Council.

Paragraph 6. The autonomy of the Ferry and Greenland autonomy shall appoint each one in particular, as provided by the President's decision, to take part in the Council ' s meetings without voting rights.

Paragraph 7. The Council's handling of cases of good business practice and good practice and price information are referred to as the Consumer Ombudsman to participate in the item on the agenda. The Consumer Ombudsman has in cases of good practice and good practice and price information the same powers as the members of the Council.

Paragraph 8. In cases where part shat is to be made after the administrative act, access to the part sheping also includes the draft decision.

Niner. 9. § 354 (4)) 1 shall apply to the members and the alternates of the Council, and in particular the experts and the Consumer Ombudsman. 1. Act. does not, however, apply when handling cases concerning the issuing of rules concerning refine business practices and good practices and price information.

Paragraph 10. The Council shall act by a simple majority. In voting, the President's voice is crucial.

Paragraph 11. The Council shall lay down its own rules of procedure, including rules on the possibility of taking place for the Council. The Rules of Procedure are approved by the business and growth minister.

Nock. 12. The Council may delegate its powers under paragraph 1. 2, no. One and three, for the SEC. "

35. I § 347, paragraph. 6, " § 354 (4), 6, no. 19 and 23 "to :" § 354 (4). 6, no. Twenty and 24. "

36. I § 354 (4)) 1, pasted as Act 4. :

" 1. 3. Act. shall also apply to employees of the Danish Agency for the Administrative Board, in the case of information which they are aware of through the task solution after Article 83 (3). 2 and 3, in the law of securities trading, etc. ` ;

37. § 354 (4)) 6, no. 1, ITREAS :

" 1) The Systemic Risk Boat. "

38. I § 354 (4)) 6, no. 2, the following shall be inserted after ' prosecution of possible ' means possible '.

39. I § 354 (4)) 8, the ' paragraph shall be amended 6, no. Twenty-two shall be : 6, no. TWENTY-THREE.

40. I § 354 (4)) 10, the ' paragraph shall be amended 6, no. 28 ' shall be replaced by the following : 6, no. Twenty-nine ", and" 6, no. Twenty-nine "to" to " paragraph. 6, no. THIRTY. "

41. I § 354 (4)) 11 and 12, the ' paragraph shall be amended 6, no. Twenty-three : " to the following paragraph : 6, no. TWENTY-FOUR.

42. § 354 a, paragraph. 1, is hereby repealed and the following shall be inserted :

" Caretaker's reaction to a company in accordance with section 345 (4). 2, no. 1, and the supervisory reactions given by delegation from the Financial Council shall be published with an indication of the company ' s name, cf. however, paragraph 1 3. The company must publish the information in its website in a place where they naturally belong, as soon as possible, and within three working days after the undertaking has received notification of the oversight, or at the latest at the time of the date, publication required by law on securities trading, etc. At the same time as its publication, the company must insert a link that provides direct access to the supervisory response on the front of the company's website in a visible manner, and it must be the link and any associated text clearly indicate that it is a supervisory response ; from the SEC. If the company is commenting on the surveillance response, this must be done in an extension of this, and the comments must be clearly separate from the control reaction. Removal of the link on the front and information from the company's website must take place according to the same principles that the company uses for other messages, but at the earliest of the link and information has been on the website for 3 months, and earliest after the former general assembly or representative meeting. The company ' s obligation to publish information on your company's website applies only to legal persons. The SEC must publish the information on the site's website. The reaction reactions provided in section 345 (3). 2, no. 3, and the Financial Availability Decisions to surrender cases to police investigations must be published on the Financial stiltsynet website with an indication of the company's name, cf. however, paragraph 1 3.

Paragraph 2. Where a case has been handed over to police investigations and has fallen entirely or partially damning judgment or passed a fine, or if a case is decided by the adoption of administrative pods, the judgment shall be published ; the adoption or a summary thereof, cf. however, paragraph 1 3. If the judgment is not final or if it has been filed or complained, then the publication shall indicate that. The company ' s publication must take place at the establishment ' s website in a place where it is natural to be at home as soon as possible and no later than 10 working days after a verdict or a fine, or at the latest at the time of publication required, After law on securities trading, etc. At the same time, the company must insert a link that provides direct access to the judgment, the ticket or the summary, on the front of the company's website, in a visible way, and it must be linked and a possible associated text will clearly indicate that it is a judgment ; or Adoption. If the company comments on the judgment, the ticket or the summary, this should be done in an extension, and the comments must be clearly separated from the judgment, the adoption or summary of the report. The removal of information from the company's website must take place according to the same principles that the company uses for other communications, but at the earliest of the link and information has been on the website for 3 months, and at the earliest. the former general assembly or representative meeting. The company shall notify the Financial supervision of the publication, including a copy of the judgment or the adoption. The SEC shall then publish the judgment, the adoption or a summary thereof on its website. The company ' s obligation to publish information on your company's website applies only to legal persons. "

paragraphs 2 and 3 shall then be set out in paragraph 1. 3 and 4.

43. I § 354 a, paragraph. TWO, ONE. pkt., there will be paragraph 1. THREE, ONE. pkt., shall be replaced by ' paragraph 1. 1 ' shall mean the following paragraph : One or two.

44. § 354 a, paragraph. 3, there will be paragraph 1. paragraph 4 is replaced by the following

" Stop. 4. If publication is not in accordance with paragraph 1, THREE, ONE. .. shall be published in accordance with paragraph 1. 1 or 2 when the omission of the omission is no longer valid. However, this only applies to up to two years after the date of the inspection response. `

45. Insert after section 354 c :

" § 354 d. Where a financial undertaking has communicated information on the financial activities and these have been provided to the public, the Financial Authority may offer the undertaking to publish enriching information within one of the Financial supervision of the undertaking, fixed time limit, if :

1) the information provided for the Finance-synet assessment is misleading and

2) The SEC assesses that the information may have adverse effect on the company's customers, depositors, other creditors, financial markets on which the shares of the company or securities issued by the undertaking are traded, or financial ; stability in general.

Paragraph 2. If the undertaking does not rectify the information in accordance with the financial system's injunction and within the time limit laid down in the Financial Seat, the Financial Authority may publish the tender in accordance with paragraph 1. 1. "

46. § 355, paragraph. THREE, TWO. pkt., ITREAS :

"The same applies to a liquidator, an administrator of a life insurance condition and an administrator in an administration estate for special covered bonds."

47. I $360, paragraph. 1, The "Kammerlawyer" is changed to : 'lawyers'.

48. I § 360 pasted as paragraph 3 :

" Stop. 3. Tasks that the Financial supervision provides in accordance with section 344 (3). 5, against payment, will be billed separately and shall not be included in the tax collection after paragraph 1. 1. "

49. Section 361 (1). 1, no. 22, revoked.

Number 23-31 will then be no. 22-30.

50. I Section 361 (1). 1, pasted as no. 31 :

" 31) Central counterparts with permission, cf. Article 14 of the Regulation No 2 of the European Parliament and 2012/648 of 4. July 2012 (EMIR-Regulation), cf. § 83, paragraph. 1, in the Act of securities trading, etc., pays $387.50 per year. "

51. I Section 368 (3) 2, pasted as Act 2. :

"Tax payment pending the total tax calculation."

52. Section 368 (3) 4, no. 3, 3. pkt., revoked.

53. I § 373, paragraph 2, inserted after ' section 247 a (a), 9 and 10, ":" § 343 t (s). 1, "

54. I § 373, paragraph 2, is inserted after ' § 347 b (b), 3 and 6, ":" § 354 a, paragraph. ONE, ONE, FIVE. pkt., and paragraph. TWO, ONE.-SEVEN. Pkton, ".

55. I § 373, paragraph SIX, TWO. pkt., the words ' or of an issuer of electronic money ` shall be deleted ;

56. I § 373, paragraph SEVEN, TWO. pkt., the words ' or the issuer of electronic money ` shall be deleted.

57. § 374 (4) 2, ITREAS :

" Stop. 2. Do not allow a natural or legal person to fulfil the duties of section 347 (3). 3 and 4, the Danish Financial Authority may require the natural or legal person, or the person responsible for the legal person responsible for daily or weekly fines. ` ;

58. Two places. § 374 (4) 4, the words ' Fund for financial supervision ` shall be replaced by the words ' Fund for financial supervision `.

59. I § 374 (4) 5, ' from the Fund ' shall be replaced by ' from the Financial supervision ', and ' to the Fund ' s Fund ' to the Financial supervision, in relation to the tasks to be completed under paragraph 1. 4 ".

60. I § 374 (4) 6, the ' Fund for the Fund of the Fund ' shall be replaced by : ' The financial supervision of the synets '.

§ 2

In the Act of securities trading, etc., cf. Law Order no. 855 of 17. August 2012, as amended by Section 2 of Law No 155 of 28. February 2012, the following changes are made :

1. I footnote to the title of the law ' and of Directive 2004 /109/EC on the harmonisation of transparency requirements relating to information concerning issuers whose securities are included in trade in a regulated market, EU Official Journal 2010, nr. Regulation No 327, p. 1 (amendment of the Prospectus Directive) and Regulation No 2 of the European Parliament and of the Council 1031 /2010/EU of 12. November 2010 on the time and administrative process of auctioning emission allowances for greenhouse gas emissions and other aspects related to such auctions pursuant to Directive 2003 /87/EC of the European Parliament and of the Council on a scheme for trade in emission allowances for greenhouse gas emissions in the Community ' to : ' and of Directive 2004 /109/EC on the harmonisation of transparency requirements for issuers whose securities are included in trade in a regulated market, EU Official Journal 2010, nr. L 327, page 1 (amendment of the Prospectus Directive). The law also contains provisions necessary for the application of Commission Regulation No 2 ; 1031 /2010/EU of 12. November 2010 on the time and administrative process of auctioning emission allowances for greenhouse gas emissions and other aspects related to such auctions pursuant to Directive 2003 /87/EC of the European Parliament and of the Council on a scheme for trade in the emission allowances for greenhouse gas emissions in the Community, Regulation No 2 of the European Parliament and 236 /2012/EU of 14. March 2012 on short selling and certain aspects of credit default swaps and parts of Regulation No 2 of the European Parliament and of the Council. 648 /2012/EU of 4. July 2012 on the OTC derivatives, central counterparts and transaction registers '.

2. I Section 7 (2). 4, ' Section 84 b (b) is deleted ; 2, no. TWO. "

3. Section 7 (a) (a) 3, revoked.

4. § 8 a revoked.

5. Two places. § 27, paragraph. 11, no. 5, the amount of EUR 50 000 shall be replaced by : "EUR 100 000".

6. I § 27, paragraph. 11, no. 5, pasted as Act 2. :

" No matter one. Act. find paragraph 1. 7 and 8 of the entire duration of the debt instruments shall not apply to issuers which are issuing only debt instruments whose obedient value is given per the unit shall constitute at least EUR 50 000 or the denunciating value per unit ; the unit of issue at issue day corresponds to at least EUR 50 000 when debt instruments have been issued in a currency other than the euro if they were already engaged in trade in a regulated market here in the country, in another country of the European Union or in a country with which the Union has concluded an agreement in the area of the financial area before 31 December. "December 2010."

7. I § 28, paragraph 1. 3, no. 1, the words ' articles of association `.

8. § 39 b revoked.

9. Two places. § 57 (a) (a) 1, the words ' Article 1, first indent of Directive 77 /780/EEC ` shall be replaced by ' Article 4 (2), 1, in Directive 2006 /48/EC of the European Parliament and of the Council.

10. I § 57 (a) (a) ONE, TWO. pkt., is replaced by ' Article 1 (2) 2, in Directive 2004 /39/EC ' to : ' Article 4 (1). 1, no. 1, in Directive 2004 /39/EC of the European Parliament and of the Council.

11. I § 57 d, paragraph 1 2, the ' Commission, cf. Directive 98 /26/EC of the European Parliament and of the Council of the European Parliament and of the Council shall be ' the European Securities and Markets Authority, cf. in Article 10 of the Directive of the European Parliament and of 98 /26/EC with subsequent amendments ` ;

12. § 57 d, paragraph 1 THREE, TWO. pkt., ITREAS :

' The Financial Supervisory Board shall immediately communicate this communication to the European Systemic Risk Board, the other countries of the European Union and countries with which the Union has concluded agreement and the European Securities and Markets Authority. `

13. The heading for Section V the text shall be replaced by the following : ' The Financial Council `.

14. I § 83, paragraph. ONE, THREE. pkt., pasted after " (CO 2 -The auctioning Regulation) ' : Regulation No 2 of the European Parliament and of the Council. 146/2012 of 14. Regulation No, by March 2012, as well as the regulation of the European Parliament and of the Council. 2012/648 of 4. July 2012 (EMIR-Regulation), except for sections 6 and 7. '.

15. I § 83, paragraph. TWO, ONE. pkt., and two places in 2. pkt., i paragraph THREE, TWO. pkt., and paragraph 4, and 10 places in the § 83 b the words ' Fund for financial supervision ` shall be replaced by the words ' Fund for financial supervision `.

16. I § 83, paragraph. TWO, ONE. pkt., are deleted from the word ' statutes `.

17. I § 83, paragraph. TWO, THREE. pkt., the words ' Fund ' shall be replaced by : ' Financial supervision practising ', and ' and section 77 of the law on investment associations and so on, and the powers conferred on the Fund of the Fund under ' to : `, Section 77 of the law on investment associations, etc., and '.

18. § 83, paragraph. TWO, FOUR. pkt., ITREAS :

' In the case of cases relating to undertakings covered by the annual accounting law, the Danish Agency shall enter into the Office ' s Office ' s Office ' s Office. `

19. § 83, paragraph. 5 and 6, ITREAS :

" Stop. 5. The checks carried out by the Financial Authority in accordance with paragraph 1. 2-4 shall carry out the Financial supervision of the powers conferred on Article 87 (2). Paraguation 1 to 3 and 6, having regard to a procedure arising from Article 83 b (b), 3 and 4.

Paragraph 6. The Financial supervision may, in exceptional cases, use foreign aid, including in the context of checks provided for in paragraph 1. 2-4. "

20. I § 83 a, paragraph. 5, '. 84 b (b) is replaced by '. One and two, number one. 5, 7 and 8 "to :". 84 b (b). Paragraph 1 and paragraph 1. 2, no. Four, six and seven.

21. The heading for Chapter 26 ITREAS :

"The Financial Council."

22. § 84 ITREAS :

" § 84. The Financial Council will take exception of section 86 (2). 2, decisions and decisions in matters of principle and in matters which have significant implications for the market in the securities market, with a similar competence laid down by the Council pursuant to section 345 of the Act of Financial Business. The same applies to cases relating to compliance with Articles 37 to 42 of the Commission Regulation No 2 ; 1031/2010 of 12. November 2010 (CO 2 -the auctioning Regulation), Commission Regulation No 2, 146/2012 of 14. Regulation No, by March 2012, as well as the regulation of the European Parliament and of the Council. 2012/648 of 4. July 2012 (EMIRS Regulation), except for Article 17. ` ;

23. I Article 84 (a) (a) ONE, TWO. pkt., the words ' or the Fund of the Fund ` ;

24. Article 84 (a) (a) ONE, FOUR. pkt., ITREAS :

25. I Article 84 (a) (a) 4 and 9, the words ' Fund for the Fund ' shall be replaced by : ' The Danish Agency for the Management of the Administrative Board in the framework of the type of work in accordance with Article 83 (3). Two and three, "

26. Article 84 (a) (a) 6, no. 1, revoked.

Number 2-22 will then be no. 1-21.

27. I Article 84 (a) (a) 6, no. 2, No, no. 1, the words ' other public ' shall be replaced by ' public ', and after the following shall be inserted after ' the following legal proceedings are inserted : ' possible '.

28. I Article 84 (a) (a) 6, no. 4, No, no. 3, and paragraph 8, the words ' Fund for the Fund ' shall be replaced by : ' The Danish Agency for the Management of the Administrative Board in the framework of the type of work in accordance with Article 83 (3). Two and three.

29. I Article 84 (a) (a) 6, no. 19, No, no. 18, is changed " cf. however, paragraph 1 12 and 13 "to :" cf. however, paragraph 1 11 and 12. "

30. I Article 84 (a) (a) 6, no. 21, No, no. 20 shall be deleted from the words ' Fund of the Fund ' and ' on behalf of the Fund. `

31. I Article 84 (a) (a) 6, pasted as no. 22 :

" 22) The authorities responsible for the tasks of the European Parliament and of the Council no. 2012 /648/EU of 4. July 2012 (EMIRS Regulation), to the extent the data are necessary for the tasks of these authorities, in accordance with the Regulation. ` ;

32. I Article 84 (a) (a) 9, the words ' or the Council `.

33. I Article 84 (a) (a) 10, the ' no. 8 ` shall be replaced by ' no. 7 ".

34. I Article 84 (a) (a) 11 and 12, the ' no. Nineteen " to : EIGHTEEN. "

35. I Article 84 b (b). 1, the ' an approved foreign clearing centre ' is deleted ;

36. Article 84 b (b). 2, no. 2, revoked.

No 3-10 becomes the second paragraph. 2-9.

37. Two places. Article 84 b (b). 4, the words ' Fund for the Fund ' shall be replaced by : ' The SEC and the Danish Agency for Economic Affairs and Business Affairs, Act one. the words ' the Council ` shall be deleted ; Two. Point. the decisions of the Council of the Fund shall be amended as part of the Council's control after Article 83 (3). 2 and 3, and section 83 b ' to : ' these decisions `.

38. § 84 c (2) (c) 1, is hereby repealed and the following shall be inserted :

" Caretaker's reaction to a company in accordance with section 84, cf. § 345, paragraph 1. 2, no. 1, in the Act of Finance, and Supervisory reactions given by delegation from the Financial Council shall be published with an indication of the company ' s name, cf. however, paragraph 1 3. The company must publish the information in its website in a place where they naturally belong, as soon as possible, and within three working days after the undertaking has received notification of the oversight, or at the latest at the time of the date, publication required by the other provisions of this law. At the same time as its publication, the company must insert a link that provides direct access to the inspection response on the front of the company's website in a visible manner, and it must be clear from the link and any associated text that is clearly visible that there is I want to talk about a supervisory response from the Financial Supervisory Authority. If the company is commenting on the surveillance response, this must be done in an extension of this, and the comments must be clearly separate from the control reaction. Removal of the link on the front and information from the company's website must take place according to the same principles that the company uses for other messages, but at the earliest of the link and information has been on the website for 3 months, and earliest after the former general assembly or representative meeting. The company ' s obligation to publish information on your company's website applies only to legal persons. The SEC must publish the information on the site's website. Review response given in section 84, cf. § 345, paragraph 1. 2, no. 3, in the Act of Financial Company, and the Decisions Decisions to Surrender Cases to police investigations shall be published on the GL website with an indication of the company ' s name, cf. however, paragraph 1 Amendment No 3, in the event of a violation of the Regulation No No, of the European Parliament and 2012/648 of 4. July 2012 (EMIR-Regulation) must be published in accordance with section 84 g.

Paragraph 2. Where a case has been handed over to police investigations and has fallen entirely or partially damning judgment or passed a fine, or if a case is decided by the adoption of administrative pods, the judgment shall be published ; the adoption or a summary thereof, cf. however, paragraph 1 3. If the judgment is not final or if it has been filed or complained, then the publication shall indicate that. The company ' s publication must take place at the establishment ' s website in a place where it is natural to be at home as soon as possible and no later than 10 working days after a verdict or a fine, or at the latest at the time of publication required, following the other provisions of this legislation. At the same time as its publication, the company must insert a link that provides direct access to the judgment, the ticket or summary, on the front of the company's website in a visible manner, and it must be linked to the link and any associated text it is clear that there is a verdict or a decision to be adopted. If the company comments on the judgment, the ticket or the summary, this should be done in an extension, and the comments must be clearly separated from the judgment, the adoption or summary of the report. The removal of information from the company's website must take place according to the same principles that the company uses for other communications, but at the earliest of the link and information has been on the website for 3 months, and at the earliest. the former general assembly or representative meeting. The company shall notify the Financial supervision of the publication, including a copy of the judgment or the adoption. The SEC shall then publish the judgment, the adoption or a summary thereof on its website. The company ' s obligation to publish information on your company's website applies only to legal persons. The SEC must publish the information on the site's website. '

paragraphs 2 and 3 shall then be set out in paragraph 1. 3 and 4.

39. I § 84 c (2) (c) TWO, ONE. pkt., there will be paragraph 1. THREE, ONE. pkt., shall be replaced by ' paragraph 1. 1 ' shall mean the following paragraph : One and two.

40. § 84 c (2) (c) 3, there will be paragraph 1. paragraph 4 is replaced by the following

41. I § 84 d, paragraph 1 ONE, FOUR. pkt., the words ' Fund of the Fund ' shall be replaced by : ' The financial Council '.

42. § 84 d, paragraph 1 2, no. 9, revoked.

Number 10-17 is then going to be 9-16.

43. I § 84 d, paragraph 1 2, no. 16, which becomes number one 15, is replaced by " section 37 (1). Ten, and 'to :'. 37, paragraph. 10, "

44. I § 84 d, paragraph 1 2, no. 17, which becomes number one 16, is changed " (CO 2 -the auctioning Regulation) ` ; to : " (CO 2 -the auctioning Regulation), and '.

45. I § 84 d, paragraph 1 2, pasted as no. 17 :

" 17) Regulation No 2 of the European Parliament 146/2012 of 14. "March 2012 (short-action regulation)."

46. After paragraph 84 f is inserted :

" § 84 g. The SEC shall publish information on penalties imposed pursuant to section 93 (3). 5, in violation of Regulation No 2 of the European Parliament and Council. 2012/648 of 4. July 2012 (EMIRS Regulation), unless such publication would be a serious danger to the financial markets or will cause the parties involved disproportionate to the detriment of the parties involved.

Paragraph 2. The SEC may publish information on claims and claims as the Financial supervision in accordance with section 93 (3). 3, in the event of a violation of the Regulation.

Paragraph 3. The publication shall not contain personal data covered by Article 2 (1). Paragraph 1 (a) of Directive 95 /46/EC of the European Parliament and of the Council of 24. In October 1995 on the protection of individuals with regard to the processing of personal data and on the free exchange of such information.

§ 84 h. Whereas, under this law, the business and growth minister may lay down rules on undertakings under the supervision of this law to publish information on the financial system's assessment of the company and the possibility of the Finance-SEC possibility of the possibility of the financial supervision of the financial system. publish the information before the company. "

47. § 86, paragraph. ONE, FOUR. pkt., revoked.

48. I Article 87 (2). 6, the ' no. 15 and 19 " to : Fourteen and 18. "

49. I § 88, paragraph. ONE, TWO. pkt., pasted after " (CO 2 -The auctioning Regulation) ' : Regulation No 2 of the European Parliament and of the Council. 146/2012 of 14. Regulation No, by March 2012, as well as the regulation of the European Parliament and of the Council. 2012/648 of 4. July 2012 (EMIRS Regulation) with the restrictions resulting from the regulation, and with the exception of Articles 14 and 15 `.

50. I § 88, paragraph. ONE, FOUR. pkt., the ' Fund for the Council of the Council shall be replaced by : ' The Danish Business Authority on behalf of the Financial Services, cf. `.

51. The heading for Chapter 27 the following shall be replaced by the following : "Transfer of Permission"

52. § 92 a revoked.

53. I § 93, paragraph. 1, the words ' Section 8 (a), 2, ' and `, and approved foreign clearance centres, which are grossly or repeatedly violating conditions laid down in approvals issued in accordance with section 8 (a) (1). Three or four. "

54. I § 93, paragraph. ONE, ONE. pkt., change ' and section 76 (2) ; Two, "to :" section 76, paragraph. 2, and Section 84 c (3). ONE, ONE, FIVE. pkt., and paragraph. TWO, ONE.-SEVEN. Pkton, ".

55. I § 93, paragraph. 3, pasted after " (CO 2 -The auctioning Regulation) ' : Regulation No 2 of the European Parliament and of the Council. 146/2012 of 14. Regulation No 2 by March of 2012 or of the European Parliament and of the Council. 2012/648 of 4. July 2012 (EMIR-Regulation) '.

56. I § 96, paragraph. 2, the words ', the Fund ' shall be deleted ;

§ 3

In the law on payment services and electronic money, cf. Law Order no. 365 of 26. April 2011, as amended by law no. 1369 of 28. December 2011, the following changes are made :

1. I § 86, paragraph. 1, shall be inserted after ' (EC) No, Regulation No 2560/2001 : ' as well as for the regulation of the European Parliament and Council 260 /2012/EU of 14. March 2012 on technical and business requirements for credit transfers and direct debits in euros and amending Regulation No 2. EUR 924 /2009/EC on cross-border payments in euro (SEPA-Regulation) ` ;

2. § 86, paragraph. 2, ITREAS :

" Stop. 2. The Financial Council shall be included in the supervision of paragraph 1. 1 with the competence laid down by the Council pursuant to section 345 of the Act of Finance. ` ;

3. I § 89 shall be inserted after ' (EC) No, Regulation No 2560/2001 ':' as well as the regulation of the European Parliament and 260 /2012/EU of 14. March 2012 on technical and business requirements for credit transfers and direct debits in euros and amending Regulation No 2. EUR 924 /2009/EC on cross-border payments in euro (SEPA-Regulation) ` ;

4. § 93, paragraph. 1, is hereby repealed and the following shall be inserted :

" Reviews granted to an undertaking in accordance with section 86 (s). 2, cf. § 345, paragraph 1. 2, no. 1, in the Act of Finance, and Supervisory reactions given by delegation from the Financial Council shall be published with an indication of the company ' s name, cf. however, paragraph 1 3. The company must publish the information in its website in a place where they naturally belong, as soon as possible, and within three working days after the undertaking has received notification of the oversight, or at the latest at the time of the date, publication required by law on securities trading, etc. At the same time as its publication, the company must insert a link that provides direct access to the supervisory response on the front of the company's website in a visible manner, and it must be the link and any associated text clearly indicate that it is a supervisory response ; from the SEC. If the company is commenting on the surveillance response, this must be done in an extension of this, and the comments must be clearly separate from the control reaction. Removal of the link on the front and information from the company's website must take place according to the same principles that the company uses for other messages, but at the earliest of the link and information has been on the website for 3 months, and earliest after the former general assembly or representative meeting. The company ' s obligation to publish information on your company's website applies only to legal persons. The SEC must publish the information on the site's website. Review of the oversight reactions in accordance with section 86 (2). 2, cf. § 345, paragraph 1. 2, no. 3, in the Act of Financial Company, and the Decisions Decisions to Surrender Cases to police investigations shall be published on the GL website with an indication of the company ' s name, cf. however, paragraph 1 3.

paragraphs 2 and 3 shall then be set out in paragraph 1. 3 and 4.

5. I § 93, paragraph. TWO, ONE. pkt., there will be paragraph 1. THREE, ONE. pkt., shall be replaced by ' paragraph 1. 1 ' shall mean the following paragraph : One and two.

6. § 93, paragraph. 3, there will be paragraph 1. paragraph 4 is replaced by the following

7. I $94, paragraph. 1, shall be inserted after ' (EC) No, Regulation No 2560/2001 ':' as well as matters relating to Regulation No 2 of the European Parliament 260 /2012/EU of 14. March 2012 on technical and business requirements for credit transfers and direct debits in euros and amending Regulation No 2. EUR 924 /2009/EC on cross-border payments in euro (SEPA-Regulation) ` ;

8. After paragraph 94, insert :

" § 94 a. Whereas, under this law, the business and growth minister may lay down rules on undertakings under the supervision of this law to publish information on the financial system's assessment of the company and the possibility of the Finance-SEC possibility of the possibility of the financial supervision of the financial system. publish the information before the company. "

9. I ~ 98, paragraph. 1 and 2, shall be inserted after ' (EC) No, Regulation No 2560/2001 ':' as well as Article 8 of Regulation No 2 of the European Parliament and 260 /2012/EU of 14. March 2012 on technical and business requirements for credit transfers and direct debits in euros and amending Regulation No 2. EUR 924 /2009/EC on cross-border payments in euro (SEPA-Regulation) ` ;

10. I Section 107, paragraph 1. 2, shall be inserted after ' Section 85, paragraph 1, 2-4, ":" § 93, paragraph. ONE, ONE, FIVE. pkt., and paragraph. TWO, ONE.-SEVEN. pkt. `, and after ' (EC) No, The Regulation No 2560/2001 is added : ' as well as Articles 3 to 6 and 8-9 of the Regulation of the European Parliament and of the Council. 260 /2012/EU of 14. March 2012 on technical and business requirements for credit transfers and direct debits in euros and amending Regulation No 2. EUR 924 /2009/EC on cross-border payments in euro (SEPA-Regulation) ` ;

§ 4

In the law on preventive measures against the laundering of the yield and financing of terrorism, cf. Law Order no. 353 of 20. In April 2012, the following changes are made :

1. I footnote to the title of the law ' and the Council Regulation No, 1339/2001 of 28. June 2001 on the extension of the effects of Regulation (EC) No, In addition, 1338/2001 establishing the measures necessary to protect the euro against counterfeiting, to include those Member States that have not introduced the euro as a single currency, (EC-tiding 2001, nr. In 181, s. 11). According to Article 249 of the EC Treaty, a Regulation shall apply immediately in each Member State. The rendition of these provisions in the law is therefore based solely on practical considerations and does not affect the immediate validity of the regulations in Denmark. ` to : ', Council Regulation No 2 : 1339/2001 of 28. June 2001 on the extension of the effects of Regulation (EC) No, In addition, 1338/2001 establishing the measures necessary to protect the euro against counterfeiting, to include those Member States that have not introduced the euro as a single currency, (EC-tiding 2001, nr. In 181, s. Commission Regulation No 11 (11), and parts of Commission Regulation 1031 /2010/EU of 12. November 2010 on the time and administrative process of auctioning emission allowances for greenhouse gas emissions and other aspects related to such auctions pursuant to Directive 2003 /87/EC of the European Parliament and of the Council on a scheme for trade in emission greenhouse gas emissions in the Community. According to Article 288 of the EDF Treaty, a Regulation shall apply immediately in each Member State. The rendition of these provisions in the law is therefore based solely on practical considerations and does not affect the immediate validity of the regulations in Denmark. `

2. Section 1 (1). 4, ITREAS :

" Stop. 4. For an operator of a regulated market which has been authorised in Denmark to be an auctioneer in accordance with Commission Regulation No 2, 1031/2010 of 12. November 2010 (CO 2 The auctioning Regulation), sections 6, 7 and 9-11, section 12 (2). One-seven, paragraph 13, paragraph 13. 1 and 2, sections 15, 17 and 18, section 19 (4). 1, 2 and 4, section 21-29, section 34 (1). 1 and 4-7, § 34 a, § 34 c (3) (c) 2-5, § 34 d and § § 35-37 use for the regulated market activities as an auction platform under CO 2 -The auctioning regulation. '

3. I section 16 (4). FOUR, TWO. pkt., the ' company ' shall be replaced by ' the organisation '.

4. I Section 21 (1). 1, in section 12 (2), One-four : 12, paragraph 12. ONE-FIVE.

5. I § 25, paragraph. 6, the following requirements shall be inserted after ' claim ` : ' for the in section 1 (1). 1, no. 1-10 and 12, mentioned companies and persons `.

6. I § 25 pasted as paragraph 7 :

" Stop. 7. The Management Board may lay down detailed rules on the rules laid down in paragraph 1. Paragraph 1 shall be referred to in paragraph 1 (1). 1, no. '11 and 15 -18, mentioned companies and people.'

7. I § 34, paragraph. 1, shall be inserted after ' Section 1 (1). 1, no. 1-10 and 12, ' : ' and paragraph 1. FOUR, "

8. I § 34 a (3) (a) 3, no. 1, the following shall be inserted after ' prosecution of possible ' means possible '.

9. § 34 c (3) (c) 1, is hereby repealed and the following shall be inserted :

" Decisions of the Corporate Authority in accordance with section 32 (4). 5 shall be published where the decision on the assessment of the steering system is of major importance. If the decision relates to a legal person, the publication may include the name of the establishment, where it is estimated to be of general interest to the public.

Paragraph 2. Decisions to surrender cases to police investigation must be published, cf. however, paragraph 1 4. If the decision relates to a legal person, the publication may include the name of the establishment, where it is estimated to be of general interest to the public.

Paragraph 3. Where a case has been passed to police investigation and there has been a total or partial sentence or a fine, the judgment shall be published, the ticket or a summary thereof, as provided for in the case of the sentence of the sentence of the sentence of the ruling. however, paragraph 1 4. If the judgment is not final or if it is anchorked or complained, this shall indicate the publication of the sentence. The company ' s publication must take place at the establishment ' s website in a place where it is natural to be at home as soon as possible and no later than 10 working days after a verdict or a fine, or at the latest at the time of publication required, After law on securities trading, etc. At the same time, the company must insert a link that provides direct access to the judgment, the ticket or the summary, on the front of the company's website, in a visible way, and it must be linked and a possible associated text will clearly indicate that it is a judgment ; or Adoption. If the company comments on the judgment, the ticket or the summary, this should be done in an extension, and the comments must be clearly separated from the judgment, the adoption or summary of the report. The removal of information from the company's website must take place according to the same principles that the company uses for other communications, but at the earliest of the link and information has been on the website for 3 months, and at the earliest. the former general assembly or representative meeting. The company ' s obligation to publish information on your company's website applies only to legal persons. The company shall notify the Financial supervision of the publication, including a copy of the judgment or the adoption. The SEC shall then publish the judgment, the adoption or a summary thereof on its website. The company ' s obligation to publish information on your company's website applies only to legal persons. "

paragraphs 2 and 3 shall then be set out in paragraph 1. 4 and 5.

10. I § 34 c (3) (c) 2, there will be paragraph 1. 4, shall be amended ' paragraph 1 1 ' shall mean the following paragraph : ONE-THREE.

11. § 34 c (3) (c) 3, there will be paragraph 1. the following text shall be replaced by

" Stop. 5. If publication is not in accordance with paragraph 1, FOUR, ONE. .. shall be published in accordance with paragraph 1. One-three when the omission of the omission is no longer valid. However, this only applies to up to two years after the date of the decision or decision. `

12. After § 34 c is inserted in Chapter 8 :

" § 34 d. Whereas, under this law, the business and growth minister may lay down rules on undertakings under the supervision of this law to publish information on the financial system's assessment of the company and the possibility of the Finance-SEC possibility of the possibility of the financial supervision of the financial system. publish the information before the company. "

13. I § 37, paragraph. 1, inserted before 1. Act. :

" Violation of § 34 c (3) 3, 1. -7. Pkton, punishable by fine. "

§ 5

In the Law on Investment Associations, etc., cf. Law Order no. 935 of 17. September 2012, the following changes are made :

1. Section 196 (4). ONE, FIVE. and 6th pkt., is hereby repealed and the following shall be inserted :

" Financial supervision controls that the rules of financial information in annual reports and partial annual reports in section 63-73 and in rules issued under section 76 have been complied with for associations which have issued securities traded on a regulated market, cf. § 83, paragraph. Two-five, and section 83 b in the securities trading Act, etc. "

2. I § 197 the ' Financial Business Advisory Council ' shall be replaced by the following : "The Financial Council."

3. I Section 199 (4). 6, the ' no. 14 and 18 " to : Thirteen and seventeen. "

4. § 210, paragraph 1. ONE, FOUR. pkt., ITREAS :

5. § 210, paragraph 1. 6, no. 1, revoked.

Number 2-19 becomes the second paragraph. 1-18.

6. I § 210, paragraph 1. 6, no. 2, No, no. 1, the words ' other public ' shall be replaced by ' public ', and after the following shall be inserted after ' the following legal proceedings are inserted : ' possible '.

7. I § 210, paragraph 1. 8, the ' no. Seventeen " to : SIXTEEN. "

8. I § 210, paragraph 1. 10, the ' no. 8 ` shall be replaced by ' no. 7 ".

9. I § 210, paragraph 1. 11 and 12, the ' no. 18 ' shall be replaced by ' no. SEVENTEEN. "

10. § 211, paragraph 1. 1, is hereby repealed and the following shall be inserted :

' Adoptical reactions provided to a Danish UCITS, special association, hedge union, professional association or a community association in accordance with section 196 (4). ONE, FIVE. pkt., and section 197, cf. § 345, paragraph 1. 2, no. 1, in the field of financial activities, and supervisory reactions given after delegation from the Financial Council, publication shall be published with the Danish UCITS, the specialist association, the professional association or the association of the professional association, or the association of the members of the public association, name, cf. however, paragraph 1 3. The Danish UCITS, the Special Association, the Association, the Professional Association, the Professional Association, the Association of the Association, must publish the information on its website in a place where they naturally belong, as soon as possible, and within three working days at the latest, the Danish UCITS, special association, hedge union, professional association or fall association has received notification of the oversight, or at the latest at the time of publication, according to the law on securities trading, etc. At the same time as its publication, the Danish UCITS must, special union, hedge union, professional association, or union reunification, insert a link that provides direct access to the control reaction, on the front of the Danish UCITS, special association, hedge association, professional association, or the website ' s own website in a visible manner, and it must be clear from the link and any associated text clearly indicate that there is a supervisory response from the Financial Supervisory Authority. If the Danish UCITS, special association, hedge union, professional association, or a group's association is commenting on the supervisory response, then this must be done in an extension of this, and the comments must be clearly separate from the control reaction. Removal of the link on the front and the information provided by the Danish UCITS, special association, hedge associations, professional association or the front-side assembly website must take place according to the same principles as the Danish UCITS ; special union, hedge union, professional association, or union reunification uses for other communications, but at the earliest of the link and information has been on the website for three months, and earliest after the former general assembly, or representative meeting. The duty of Danish UCITS, the professional associations, professional associations, professional associations, professional associations, association and association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association or Homepage applies only to legal persons and other financial entities, including securities funds. The SEC must publish the information on the site's website. Review of the oversight reactions in accordance with section 196 (1). ONE, FIVE. pkt., and section 197, cf. § 345, paragraph 1. 2, no. 3, in the Act of financial activities, and the Decisions Decisions to surrender cases to police investigations must be published on the GL website with the indication of the Danish UCITS ', special association, hedge associations, professional and professional services ; the name of the association or the person ' s association, cf. however, paragraph 1 3.

Paragraph 2. Where a case has been passed to police investigation and there has been a total or partial sentence or a fine, the judgment shall be published, the ticket or a summary thereof, as provided for in the case of the sentence of the sentence of the sentence of the ruling. however, paragraph 1 3. If the judgment is not final or if it has been filed or complained, then the publication shall indicate that. The publication of the Danish UCITS, the professional association, the professional association or the association of the financial association shall be carried out in the name of the Danish UCITS, special association, professional association, professional association or by the association of the professional association of the Danish UCITS, home page of a site which naturally belongs as soon as possible, and no later than 10 working days after the fall has been sentenced or passed, or no later than the date of publication required by law on securities trading and so on at the same time as : the publication of the Danish UCITS, special association, shall be published ; hedge unions, professional association or union reunification, insert a link that provides direct access to the judgment, the ticket or the summary, on the front page of that Danish UCITS, special association, hedge associations, professional association, or the creatings ' association ' s website in a visible manner, and the link and any associated text clearly show that it is a judgment or a decision to be adopted. If the Danish UCITS, special association, hedge union, professional association or the association of the group commentates the judgment, the adoption or summary of the agreement, this must be done by extension, and the comments must be clearly separate from the judgment, Booby-approval or summary. Removal of the information provided by the Danish UCITS, special association, hedge associations, professional association or the side-side assembly website must take place according to the same principles as the Danish UCITS, special association, hedge unions, professional association or sheep ' s association shall apply to other communications, however, at the earliest of the link and information has been on the website for three months, and the earliest, after the former general assembly or a representative meeting. The Danish UCITS, special association, hedge union, professional association or fall association must notify the Financial supervision of its publication, including a copy of the judgment or the adoption of the financial year. The SEC shall then publish the judgment, the adoption or a summary thereof on its website. The duty of Danish UCITS, the professional associations, professional associations, professional associations, professional associations, association and association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association, professional association or homepage only applies to legal persons and other economic entities, including securities funds. `

paragraphs 2 and 3 shall then be set out in paragraph 1. 3 and 4.

11. I § 211, paragraph 1. 2, there will be paragraph 1. The third paragraph is replaced by paragraph 3. 1 ' shall mean the following paragraph : One and two.

12. § 211, paragraph 1. 3, there will be paragraph 1. paragraph 4 is replaced by the following

13. I § 221, paragraph 1. ONE, TWO. pkt., the words ' and section 201 (1), 3 and 6, "to :" § 201, paragraph 1. 3 and 6, and § 211, stk.1, 1. -5. pkt., and paragraph. TWO, ONE.-SEVEN. Pkton, ".

14. § 222, paragraph 1. 2, revoked.

15. Two places. Section 223, paragraph 1. 1, the words ' Fund for financial supervision ` shall be replaced by the words ' Fund for financial supervision `.

16. I Section 223, paragraph 1. 2, shall be replaced by the words ' from the Fund ' to : " given in accordance with paragraph 1. 1 ' and ' to the Fund ' s Fund ' shall ` to : ' to the financial supervision in relation to the tasks assigned to the area. 1 '.

§ 6

In the law on the equal treatment of men and women in the case of insurance, pension and similar financial services, cf. Law Order no. 775 of 29. In August 2001, as amended by section 43 of Law No 523 of 6. June 2007, section 11 of law no. 517 of 17. June 2008 and section 2 of the Law No 133 of 24. In February 2009, the following changes are made :

1. I Section 18 (b) (b) 1, are replaced by ' contracts concluded after the 21. In December 2009, it shall not lead to differences in the premiums and benefits of individual individuals, cf. however, paragraph 1 2 and 3 ' shall mean the contractual relationship concluded after the 21. In December 2012, it must not lead to differences in the premiums and benefits of individual individuals. `

2. Section 18 (b) (b) 2-4, revoked.

3. I Section 19 (1). 1, the words ', first paragraph, One and four, "

§ 7

In the annual accounting law, cf. Law Order no. 323 of 11. April 2011, as amended by Section 1 of law no. 516 of 12. June 2009, section 1 of law no. 341 of 27. April 2011, section 2 of Law No 477 of 30. May 2012 and Section 11 of law no. 546 of 18. June 2012, the following changes are made :

1. I section 159 (4). 1, the words ' Fund for financial supervision ` shall be replaced by the words ' Fund for financial supervision `.

2. In the heading to § 159 a ' The auditing of the Fund ' shall be replaced by : ' Control `.

3. § 159 a, paragraph. 1, ITREAS :

' For undertakings with securities admitted to trade in a regulated market in an EU/EEA country, the financial supervision of the financial supervision referred to in paragraph 1 shall be respected. 2 and 3 standards and rules for financial information in annual reports and partial annual reports. In the case of proceedings relating to establishments covered by this law, the Danish Business Authority shall be subject to the place of the Financial Authority in accordance with the procedure laid down in the Financial Services. § 83, paragraph. The Financial Council is required to ensure that the rules on securities trading are met. Act. the competences of the Council pursuant to section 345 of the Act of Financial Company. `

4. I § 159 a, paragraph. 2, the words ' Fund for the Fund ' shall be replaced by : The inspection authority under paragraph 1. 1 '.

5. I § 159 a, paragraph. 3, ' The auditing council ' shall be replaced by : ` ; Checks in accordance with paragraph 1 1 '.

6. I § 159 a, paragraph. 4, ' The auditing of the Fund ' shall be replaced by the following : ' Check for paragraph 1. ONE-THREE.

7. § 159 a, paragraph. 5, ITREAS :

" Stop. 5. In the control of paragraph 1, 2 and 3 shall carry out the inspection authority, cf. paragraph 1, the powers granted to the Danish Business Authority in section 160 and 161 and § 162 (4). 1, no. 2 and 3, and paragraph 1. 2, cf. § 83, paragraph. In addition, in the Act of securities trading, etc. In addition, the inspection authority shall exercise, cf. paragraph 1, the powers conferred on the Financial supervision of section 83 (3). 3, in the law on securities trading, etc. ` ;

8. I § 159 a, paragraph. 6, in four places the "Foundation for the Fund" shall be replaced by : ' The inspection authority, cf. paragraph 1, "

9. § 163 (4) 3, ITREAS :

" Stop. 3. Decisions taken pursuant to section 159 a may, with the exception of decisions after paragraph 160, may be made in accordance with section 160, cf. § 159 a, paragraph. 5, shall be submitted to the Acquieval Board, within four weeks of the date of the decision to be notified to the person concerned, cf. § 88, paragraph. 1, in the Act of securities trading, etc. ` ;

10. § 164 (4) 6, ITREAS :

" Stop. 6. The one who does not comply with an injunction from the inspection authority, cf. § 159 a, paragraph. 1, or inaccurate or deceptive, shall be penalized for the penalty of insofar as it is not guilty of any other legislation. ` ;

§ 8

In the Act of the Labor Market's Supplementary Pension, cf. Law Order no. 942 of 2. In particular, in October 2009, as amended by Law No 1. 117 of 17. Feb, 2009, section 10 of law no. 579 of 1. June 2010 and section 8 of the Law No 1556 of 21. In December 2010 and at the latest at Section 17 of Law No 326 of 11. In April 2012, the following changes are made :

1. I § 9 pasted as paragraph 5 :

" Stop. 5. The Minister for Employment of the Employment and Social Affairs Minister sets out the recommendation by the Management Board for the occupational pension rules governing the conversion of pensioners in the case of the amendment to the age of the population, cf. Social pension law. `

2. I § 27, paragraph. 2, the ' Financial Business Advisory Council ' shall be replaced by the following : "The Financial Council."

3. section 27 g (s), 1, is hereby repealed and the following shall be inserted :

' Admissions to the occupational pension in accordance with section 27 (4) of the labour market. 2, cf. § 345, paragraph 1. 2, no. 1, in the Act of financial activities, and the supervisory authorities given following a delegation from the Financial Council, shall be published and publication of the publication shall indicate that the decision concerns the occupational pension of the labour market, cf. however, paragraph 1 3. The occupational allowance of the working market must publish the information in its website in a place where they naturally belong, as soon as possible, and within three working days after the occupational pension of the Labor Market has received notification of : The oversight. At the same time, with the publication of the publication, the Supplementary Pension of the Labor Market must include a link that provides direct access to the control reaction, on the front of the Present Pension Home of the Labor Market website in a visible manner, and it must be linked and any The associated text clearly states that it is a supervisory response from the Financial Supervisory Authority. If the Employer ' s Supplementary Pension is commenting on the surveillance response, this must take place in the extension of this, and the comments must be clearly separate from the control reaction. Removal of the link on the front and the information provided by the Labor Market ' s Supplementary Home page must take place according to the same principles as the Labor Market's Supplementary Supplementary Service (s), however, at the earliest date of the link and information have been on the website for three months, and at the earliest, after the next representative meeting. The SEC must publish the information on the site's website. Review responses provided under section 27 (s). 2, cf. § 345, paragraph 1. 2, no. 3, in the law of financial activities, and the decisions of the Financial Supplies to surrender cases to police investigations must be published on the Financial Tasks ' Home page, stating that it concerns the occupational pension for the Labor Market, cf. however, paragraph 1 3.

Paragraph 2-4 is then being referred to in paragraph 1. 3-5.

4. I section 27 g (s), TWO, ONE. pkt., there will be paragraph 1. THREE, ONE. pkt., shall be replaced by ' paragraph 1. 1 ' shall mean the following paragraph : One and two.

5. section 27 g (s), 3, there will be paragraph 1. paragraph 4 is replaced by the following

6. I section 27 g (s), 4, there will be paragraph 1. The fifth paragraph is replaced by paragraph 5. 1 ' shall mean the following paragraph : One or two.

7. I Section 32 (a) (a) ONE, TWO. pkt., change ' and § 25 p (2), 2 and 5, "to :" § 25 p, paragraph. 2 and 5, and section 27 g (s), ONE, ONE, FIVE. pkt., and paragraph. TWO, ONE.-SEVEN. Pkton, ".

§ 9

In the area of mortgages and mortgage bonds, etc., and so on, cf. Law Order no. 1261 of 15. November 2010, as amended by Section 31 of Law No 1. 718 of 25. June 2010, Section 17 of Law No 1556 of 21. In December 2010 and section 5 of the Act 155 of 28. February 2012, the following changes are made :

1. After section 14, pasted before section 16 :

" Resumption of loan agents

§ 15. Realcredit institutions may make loans necessary to meet the obligation to provide additional security, cf. Section 33 d (d) 1, or increase the cover in a series or groups of series with seriereservefund.

Paragraph 2. The loan agreement must indicate which series or group of series of series of series of reserves by means of a supply of loans by means of which are to be taken into account.

Paragraph 3. Loans recorded in accordance with paragraph 1. 1 shall be placed in the stock types referred to in section 152 c (1) ; 1, no. 1 and 3-7, in the law of financial activities. The assets shall be placed on a separate account at the time when the loan is recorded, in a separate depot, or in any other way, in the case of the loan concerned. Where assets are used as additional security or cover, they shall be included in the series or group of series of series with a series of reserves. ` ;

2. I § 27, paragraph. ONE, THREE. pkt., is replaced " in order to provide additional security, cf. section 33 e "to :" according to section 15 ".

3. I § 27 a, paragraph. ONE, TWO. pkt., is replaced " in order to provide additional security, cf. § 33 e. " to : ' in accordance with section 15, paragraph 1. 1. "

4. § 27 b, 1. pkt., ITREAS :

" Provenu of loans to which mortgage credit institutions have entered Section 15 (3)). 1 and which do not form part of a series or group of series, in the case of the bankruptcy of the mortgage credit institution, the proprietor of mortgage bonds, in particular covered debt securities or in particular covered mortgage bonds, shall be used ; ' counterparts of the financial instruments of the series or group of series to which the loan is taken. ` ;

5. Two places. § 28 in the words ' section 33 e (1), 1, ' to : section 15, paragraph 1. 1, "

6. § 33 e revoked.

7. I § 34, paragraph. 2, the ' Financial Business Advisory Council ' shall be replaced by the following : "The Financial Council."

§ 10

In the Act of a Shipping Financial Institute, cf. Law Order no. 886 of 8. August 2011, the following changes are made :

1. I § 2 j, paragraph. 1, is inserted after ' Section 2 of paragraph 1. 1 ":" or increase overcover in a capital center ".

2. I § 2 j, paragraph. 3, 3. pkt., the following shall be added after ' supplementary security ` shall mean ' or under cover `.

3. I § 3 d (3) ONE, TWO. pkt., is replaced " in order to provide additional security, cf. § 2 j ` to : `, in accordance with section 2 j (2), 1 '.

4. § 3 e, 1. pkt., ITREAS :

" Provenu of loans granted by the Foundation in accordance with Section 2 (b) (b). 1 and which are not part of a capital centre shall in the event of the bankruptcy of the institution to cover the holders of ship ' s written bonds, in particular covered bonds and counterparts on the financial instruments of the capital centre to which the loan is ; busy. "

§ 11

On the supervision of company pension funds, cf. Law Order no. 1561 of 19. In December 2007, as amended by Section 3 of Act 3. 515 of 17. June 2008, section 5 of the law. 133 of 24. Feb, 2009, section 8 of the law. 579 of 1. June 2010 and section 7 of the law. 1556 of 21. In December 2010 and at the latest at Section 4 of Act 4. 155 of 28. February 2012, the following changes are made :

1. I Section 65 (2). 2, the ' Financial Business Advisory Council ' shall be replaced by the following : "The Financial Council."

2. I § 66 a, paragraph. 1, pasted as Act 4. :

3. § 66 a, paragraph. 6, no. 1, revoked.

Number 2-20 becomes the second paragraph. 1-19.

4. I § 66 a, paragraph. 6, no. 2, No, no. 1, the words ' other public ' shall be replaced by ' public ', and after the following shall be inserted after ' the following legal proceedings are inserted : ' possible '.

5. I § 66 a, paragraph. 8, the ' no. 18 ' shall be replaced by ' no. SEVENTEEN. "

6. I § 66 a, paragraph. 10, the ' no. 8 ` shall be replaced by ' no. 7 ".

7. I § 66 a, paragraph. 11 and 12, the ' no. 19 "to" no. EIGHTEEN. "

8. § 66 c, paragraph. 1, is hereby repealed and the following shall be inserted :

" Aview reactions granted to a company pension fund in accordance with section 65 (5). 2, cf. § 345, paragraph 1. 2, no. 1, in the area of financial activities, and supervisory reactions given by delegation from the Financial Council, shall be published with the name of the company pension name, cf. however, paragraph 1 3. The company must publish the information in its website in a place where they naturally belong, as soon as possible, and within three working days at the latest after the company pension fund has received notification of the oversight, or no later than : the date of publication required by law on securities trading, etc. At the same time, with the publication, the company pension fund must insert a link that provides direct access to the surveillance response on the front page of the company pension home page of a visible way, and the link and any associated text clearly show that : This is a supervisory response from the Financial Supervisory Authority. If the company pension box comments on the oversight reaction, this must be done in an extension of this, and the comments must be clearly separate from the control reaction. Removal of the link on the front and the information from the company pension website must take place according to the same principles as the company pension fund uses for other communications, but at the same time when the link and information has been on the home page of 3 months, and earliest, after the former general assembly or representative meeting. The obligation of the company pension pension to publish the information on the home page of the company pension pension shall apply only to legal persons. The SEC must publish the information on the site's website. Review of the oversight reactions in accordance with section 65 (2). 2, cf. § 345, paragraph 1. 2, no. 3, in the law of financial activities, and the decisions of the Financial Authority to surrender cases to police investigations must be published on the GL website, specifying the name of the company pension name, cf. however, paragraph 1 3.

paragraphs 2 and 3 shall then be set out in paragraph 1. 3 and 4.

9. I § 66 c, paragraph. TWO, ONE. pkt., there will be paragraph 1. THREE, ONE. pkt., shall be replaced by ' paragraph 1. 1 ' shall mean the following paragraph : One and two.

10. § 66 c, paragraph. 3, there will be paragraph 1. paragraph 4 is replaced by the following

11. I Paragraph 71, paragraph 1. ONE, ONE. pkt., the words ' and section 58 (3), ONE, TWO. pkt., "to :" § 58, paragraph. ONE, TWO. pkt., and § 66 c, paragraph ONE, ONE, FIVE. pkt., and paragraph. TWO, ONE.-SEVEN. Pkton, ".

§ 12

In the law of insurance intermediation, cf. Law Order no. 930 of 18. September 2008, as amended by Section 9 of Law No 1. 392 of 25. May 2009, Section 7 of the law. 579 of 1. June 2010, section 27 of law no. 718 of 25. June 2010 and section 6 of the Law No 1556 of 21. In December 2010, the following changes are made :

1. I Section 44 (2). 2, the ' Financial Business Advisory Council ' shall be replaced by the following : "The Financial Council."

2. § 49 a, paragraph. 1, is hereby repealed and the following shall be inserted :

" Adopting reactions to a company in accordance with section 44 (4). 2, cf. § 345, paragraph 1. 2, no. 1, in the Act of Finance, and Supervisory reactions given by delegation from the Financial Council shall be published with an indication of the company ' s name, cf. however, paragraph 1 3. The company must publish the information in its website in a place where they naturally belong, as soon as possible, and within three working days after the undertaking has received notification of the oversight, or at the latest at the time of the date, publication required by law on securities trading, etc. At the same time as its publication, the company must insert a link that provides direct access to the supervisory response on the front of the company's website in a visible manner, and it must be the link and any associated text clearly indicate that it is a supervisory response ; from the SEC. If the company is commenting on the surveillance response, this must be done in an extension of this, and the comments must be clearly separate from the control reaction. Removal of the link on the front and information from the company's website must take place according to the same principles that the company uses for other messages, but at the earliest of the link and information has been on the website for 3 months, and earliest after the former general assembly or representative meeting. The company ' s obligation to publish information on your company's website applies only to legal persons. The SEC must publish the information on the site's website. Review of the reactions referred to in section 44 (3). 2, cf. § 345, paragraph 1. 2, no. 3, in the Act of Financial Company, and the Decisions Decisions to Surrender Cases to police investigations shall be published on the GL website with an indication of the company ' s name, cf. however, paragraph 1 3.

paragraphs 2 and 3 shall then be set out in paragraph 1. 3 and 4.

3. I § 49 a, paragraph. TWO, ONE. pkt., there will be paragraph 1. THREE, ONE. pkt., shall be replaced by ' paragraph 1. 1 ' shall mean the following paragraph : One and two.

4. § 49 a, paragraph. 3, there will be paragraph 1. paragraph 4 is replaced by the following

5. I Section 54 (1). ONE, ONE. pkt., the words ' § 40 and section 41 ` shall be replaced by ' § 40 and 41 and § 49 a (1). ONE, ONE, FIVE. pkt., and paragraph. TWO, ONE.-SEVEN. Pkton, ".

§ 13

Law no. 697 of 25. June 2010 on pathematic cooperatives is amended as follows :

1. I § 12, paragraph 1. 3, the ' Financial Business Advisory Council ' shall be replaced by the following : "The Financial Council."

2. Section 15 (3). 2, is hereby repealed and the following shall be inserted :

" Stop. 2. Adopting to a pan-carrier company in accordance with section 12 (2). 3, cf. § 345, paragraph 1. 2, no. 1, in the Act of financial activities, and the supervisory authorities given following a delegation from the Financial Council, shall be published with the name of the pantheon carrier, cf. however, paragraph 1 4. The carrier carrier shall publish the information to its website in a place where they naturally belong, as soon as possible, and within three working days after the Pantehoming Company has received notification of the oversight, or at the latest, the date of publication required by law on securities trading, etc. At the same time, with the publication, the Pantecarrier Company must insert a link that provides direct access to the control reaction, on the front of the panel ' s home page of a visible way, and the link and any associated text clearly show that : This is a supervisory response from the Financial Supervisory Authority. If the panel of mortars is commenting on the surveillance response, this must take place in the prolongation of this, and the comments must be clearly separated from the control reaction. Removal of the link on the front and the information from the Company's website must take place according to the same principles as the panel carrier uses for other communications, but at the earliest of the link and information has been on the home page of 3 months, and earliest, after the former general assembly or representative meeting. The obligation to publish information on the home-party website of the mortgage carrier shall be valid only for legal persons. The SEC must publish the information on the site's website. Review of the reactions referred to in section 12 (3). 3, cf. § 345, paragraph 1. 2, no. 3, in the Act of Financial Company, and the Financial Authority ' s decisions to surrender cases to police investigations shall be published on the GL website, specifying the name of the pantheon company ' s name, cf. however, paragraph 1 3.

Paragraph 3. Where a case has been passed to police investigation and there has been a total or partial sentence or a fine, the judgment shall be published, the ticket or a summary thereof, as provided for in the case of the sentence of the sentence of the sentence of the ruling. however, paragraph 1 4. If the judgment is not final or if it is anchorked or complained, this shall indicate the publication of the sentence. The publication of the undertaking shall be published on the website of the mortgage carrier on a site where it is natural to be at home as soon as possible, and within 10 working days following the fall in judgment or by a fine, or no later than at the time of the date, publication required by law on securities trading, etc. At the same time as its publication, the pantheonus company must insert a link that provides direct access to the judgment, the ticket or the summary, on the front page of the Pantehoming Company's home page a visible manner, and the link and any associated text clearly show that there is it is a judgment or a decision to be adopted. If the mortgage carrier comments on the judgment, the adoption or summary of the report, this must be done in an extension, and the comments must be clearly separated from the judgment, the adoption or summary of the report. Removing the information from the panel's website must take place according to the same principles as the panel carrier uses other communications, but at the earliest of the link and information has been on the website for three months, and earliest after the former general assembly or representative meeting. The financial carrier shall notify the Financial supervision of the publication, including a copy of the judgment or the adoption of the penalty. The SEC shall then publish the judgment, the adoption or a summary thereof on its website. The duty of carrier undertakings to publish the information on the website's website shall be valid only for legal persons. `

paragraphs 3 and 4 are then referred to in paragraph 1. 4 and 5.

3. I Section 15 (3). 3, there will be paragraph 1. 4, shall be amended ' paragraph 1 The following shall be : Two and three.

4. Section 15 (3). 4, there will be paragraph 1. the following text shall be replaced by

" Stop. 5. If publication is not in accordance with paragraph 1, FOUR, ONE. .. shall be published in accordance with paragraph 1. 2 or 3 when the omission of the omission is no longer valid. However, this only applies to up to two years after the date of the inspection response. `

5. I Section 22 (2). 1, the words ' and section 3 (4), 5, " to : section 3, paragraph 1. 5, section 15 (3). 2, 1. -5. pkt., and paragraph. 3, 1. -7. Pkton, ".

§ 14

In the Law on Work Protection, cf. Law Order no. 848 of 7. September 2009, as amended, among other things, in section 9 of Law No 1. 1556 of 21. December 2010 and at the latest by law no. 443 of 23. In May 2012, the following changes are made :

1. I Section 20 (2). 4, in the words ' casualty ' shall be replaced by ' survivors ` ;

2. I Section 44 (2). 2 and 7, the words ' and 2 ` are deleted.

3. I Paragraph 71, paragraph 1. 2, the ' Financial Business Advisory Council ' shall be replaced by the following : "The Financial Council."

4. section 76 b (s). 1, is hereby repealed and the following shall be inserted :

' Adoptical reactions given to the occupational health insurance of the occupational disease in accordance with section 71 (3). 2, cf. § 345, paragraph 1. 2, no. 1, in the Act of financial activities, and the supervisory authorities given following a delegation from the Financial Council, shall be published and publication of the publication shall indicate that the decision concerns the occupational health insurance of the occupational health insurance company, cf. however, paragraph 1 3. The occupational health insurance of the working market must publish the information in its website in a place where they naturally belong, as soon as possible, and within three working days after the Business ' s Business Protection Agency has received notification of : The oversight. At the same time as its publication, the occupational disease insurance company must provide a link that provides direct access to the control reaction, on the front page of the Business ' s Business ' s Home page, in a visible manner, and it must be linked and a possible associated text will clearly indicate that there is a supervisory response from the Financial Supervisory Authority. If the occupational disease of the labour market is commenting on the surveillance response, this must be done in the continuation of this, and the comments must be clearly separated from the control reaction. Removal of the link on the front and the information provided by the Occupational Health Security Agency ' s website must take place according to the same principles as the Occupational Health Protection Agency uses for other communications, but at the same time, at the same time, when linked and The information has been on the website for three months, and the earliest, after the publication of the next annual report. The SEC must publish the information on the site's website. Review of the reactions referred to in section 71 (3). 2, cf. § 345, paragraph 1. 2, no. 3, in the law of financial activities, and the decisions of the Financial Authority to surrender cases to police investigations must be published on the GL website, stating that it relates to the occupational health insurance of the occupational disease, cf. however, paragraph 1 3.

Paragraph 2-4 is then being referred to in paragraph 1. 3-5.

5. I section 76 b (s). TWO, ONE. pkt., there will be paragraph 1. THREE, ONE. pkt., shall be replaced by ' paragraph 1. 1 ' shall mean the following paragraph : One and two.

6. section 76 b (s). 3, there will be paragraph 1. paragraph 4 is replaced by the following

7. I section 76 b (s). 4, there will be paragraph 1. The fifth paragraph is replaced by paragraph 5. 1 ' shall mean the following paragraph : One or two.

8. I § 76 b pasted as paragraph 6 :

" Stop. 6. Intireation of paragraph 1 ONE, ONE, FIVE. pkt., and paragraph. TWO, ONE.-SEVEN. Pkton, punishable by fine. "

9. I § 83, paragraph. 1, inserted after the "Faroe Islands" : "and in Greenland".

§ 15

In accordance with the Law on the Animal Lens Fund, cf. Law Order no. 1156 of 3. In October 2007, as amended, among other things, in section 8 of Law No 1. 515 of 17. June 2008, section 11 of law no. 579 of 1. June 2010 and section 10 of Law No 1556 of 21. In December 2010 and at the latest in paragraph 2 of the Act 599 of 14. June 2011, the following changes are made :

1. I ~ 10 (1)) 2, the ' Financial Business Advisory Council ' shall be replaced by the following : "The Financial Council."

2. section 10 g (s). 1, is hereby repealed and the following shall be inserted :

" Adopting reactions to the Danish Fund for the Payback Fund, in accordance with section 10 (4), 2, cf. § 345, paragraph 1. 2, no. 1, in the Act of Finance, and the supervisory authorities given following a delegation from the Financial Council, shall be published and publication of the publication shall indicate that the decision concerns the Veterinary Fund for the Payday Fund, cf. however, paragraph 1 3. The Fund for the Fund must publish information on its website in a place where they naturally belong, as soon as possible, and within three working days after the Salary Fund (Lens Fund Fund) has received notification of the oversight. At the same time as its publication, the Expense Fund of the Salary recipients must insert a link that provides direct access to the inspection response on the front page of the Payday website of the Payday Fund website in a visible manner, and it must be linked and any associated with it The text clearly states that there is a supervisory response from the Financial Supervisory Authority. If the Fund (Lens) Fund is commenting on the surveillance response, this must take place in the prolongation of this, and the comments must be clearly separated from the control reaction. Removal of the link on the front and the information provided by the Payday Fund ' s Animal Time Fund must take place according to the same principles as the Payday Fund of the Payday Fund applies to other communications, however at the earliest link and information has been on The home page for 3 months, and the earliest after the publication of the next annual report. The SEC must publish the information on the site's website. Review of the reactions referred to in section 10 (3). 2, cf. § 345, paragraph 1. 2, no. 3, in the Act of Financial Company, and the Decisions Decisions to Surrender Cases to police investigations must be published on the GL website, stating that it relates to the Payback Fund for the Payn Receive Fund, cf. however, paragraph 1 3.

Paragraph 2-4 is then being referred to in paragraph 1. 3-5.

3. I section 10 g (s). TWO, ONE. pkt., there will be paragraph 1. THREE, ONE. pkt., shall be replaced by ' paragraph 1. 1 ' shall mean the following paragraph : One and two.

4. section 10 g (s). 3, there will be paragraph 1. paragraph 4 is replaced by the following

5. I section 10 g (s). 4, there will be paragraph 1. The fifth paragraph is replaced by paragraph 5. 1 ' shall mean the following paragraph : One or two.

6. I § 14 (1) (a) ONE, TWO. pkt., change ' and section 9 (4) ; 2 and 5, " to : section 9 (4). 2 and 5, and section 10 g (s). ONE, ONE, FIVE. pkt., and paragraph. TWO, ONE.-SEVEN. Pkton, ".

§ 16

In the law of financial stability, cf. Law Order no. 875 of 15. In September 2009, as last amended by Section 4 of Law No 273 of 27. In March 2012, the following change is made :

1. I Section 6 (2). 1, is inserted after the ' Board of Directors ' shall be inserted : ' up to `.

§ 17

Paragraph 1. The law shall enter into force on 1. January 2013, cf. however, paragraph 1 2-5.

Paragraph 2. § 1, no. 8, 9, 17 and 22-25, shall enter into force on 20. December 2012 at the beginning of the day of death.

Paragraph 3. Section 6 will enter into force on the 21st. In December 2012, and will have effect on contracts concluded after this date.

Paragraph 4. The Minister for the Industry and Growth Pact provides for the entry into force of section 1 (2). 49, and section 2, no. 2-4, 20, 35, 36, 47 and 51-53. The Minister for the Industry and Growth Minister may, in particular, provide for the entry into force of the provisions at different times.

Paragraph 5. The Minister for the Industry and Growth Pact provides for the time of entry into force of section 16. The Minister for the Industry and Growth Minister may, in particular, provide for the entry into force of the provisions at different times.

Paragraph 6. The legislative proposal can be confirmed immediately after its adoption.

§ 18

Paragraph 1. Approval may be sought in accordance with section 8 a of the securities trading system, etceforth to one of the professes and the Minister for Growth, as provided for by the Minister for Trade.

Paragraph 2. Approvals granted under Section 8 a of the securities trade law and so on shall be suspended when the approved clearing centre is given a permit from the competent authority of the home Member State in accordance with Regulation No 2 of the European Parliament and of the Council. 2012/648 of 4. July 2012 (EMIR-Regulation) or receive recognition from the European Securities and Markets Authority.

Paragraph 3. Accepts which have not been removed pursuant to paragraph 1. 2, lapses at the time of the acquisition and growth minister pursuant to section 17 (3). 4.

Paragraph 4. Until formal, cf. § 1, no. The President-in-Office of the Financial Council, as chairman of the Financial Council, has been nominated and appointed members of and chairmanship of the Funding Council. In the period up to the appointment of the members of the Financial Council, the Financial Affairs Council may decide on specific cases without providing them to the Council if the supreme court otherwise would be replayed. However, the Financial supervision shall, where possible, discuss the matter with the President-designate of the Council prior to the decision of the Financial Decision. The SEC shall provide a report on such decisions at the first meeting of the Council.

§ 19

Paragraph 1. sections 1-5, 10-13 and 15 do not apply to the Faeroe Islands and Greenland, cf. however, paragraph 1 Two and three.

Paragraph 2. sections 1 to 5, 10 and 13, by means of a royal contraption, the Faroe Islands and Greenland can be set in full or in part by means of the changes made by the ferry and Greenlandic conditions. The provisions may be put into effect at different times.

Paragraph 3. sections 11 and 12 may, by means of a royal appliance, be set in full or in part by force for Greenland, with the changes which the Greenland conditions say.

Paragraph 4. The Minister for the Industry and Growth Pact is empowered to conclude an agreement with the ferocious country rule that the Systemic Risk Council may also work in the insurance sector in the Faroe Islands.

Givet on Amalienborg, the 19th. December 2012

Under Our Royal Hand and Segl

MARGRETHE R.

/ Annette Vilhelmsen

Official notes

1) The law provides for the implementation of parts of the European Parliament and Council Directive 2011 /89/EU of 16. November 2011 amending Directive 98 /7 8 / EC, 2002 /87/EC, 2006 /48/EC and 2009 /138/EC as regards the supplementary supervision of financial units in a financial conglomerate, EU Official Journal, 2011, nr. L 329, page 113. The proposal also contains provisions necessary for the application of the regulation of the European Parliament and of the Council. 2012 /236/EU of 14. March 2012 on short selling and certain aspects of credit default swaps, EU-Official Journal 2012, nr. The Regulation No 2 of 86, the European Parliament and of the Council 2012/260 on technical and business requirements for credit transfers and direct debits in euros and amending Regulation (EC) No 2. 2009/924, EU-Official Journal 2012, nr. Regulation No 94, page 22, and the Regulation of the European Parliament and of the Council 2012 /648/EU of 4. July 2012 on the OTC derivatives, central counterparts and transaction registers, EU-Official Journal, 206, nr. L-201, page one.

Entering power

Law Amending The Law On Financial Business, Law On Securities Trading, Etc., Law On Payment Services And Electronic Money And Various Other Laws (Transmission Of Information To The Public Prosecutor's Office And Police, The Creation Of The Systemic Ris...

Original Language Title: Lov om ændring af lov om finansiel virksomhed, lov om værdipapirhandel m.v., lov om betalingstjenester og elektroniske penge og forskellige andre love(Videregivelse af oplysninger til anklagemyndighed og politi, oprettelse af Det Systemiske Risikoråd, sam

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