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8 February 2021

Report on more rigorous Liability Assessments of Management in financial Companies
Published 28 January 2021

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28 January 2021, the committee for more rigorous liability assessments of members of management in financial companies (the “Committee”) published its report no. 1575 (in Danish: Betænkning om skærpet ansvarsvurdering for ledelsesmedlemmer i finansielle virksomheder).

The Committee’s mandate was to consider whether it is ensured that responsible management and key persons in financial companies can be held criminally liable in case of violations of financial legislation. The Committee was also to assess whether there is a need to tighten the assessment of tort liability for the management of financial companies.

Thomas Weitemeyer

Managing Partner

+45 30 37 96 90

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Jonas Høst

Senior Associate

+45 30 37 96 19

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