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The Latest

26 February 2021

Recent Supreme Court Ruling in Test Case Regarding Registration Fee in the Restructuring of Companies

24 February 2021

Newly amended Danish Competition Act strengthens the Danish Competition and Consumer Authority’s Options to investigate alleged Infringements of the Act and introduces a new Regime for issuing civil Fines

17 February 2021

The Danish Competition Authorities’ Assessment of Minority Shareholdings and Cross-ownership between Competitors

12 February 2021

Danish Guidelines Increase Transparency on Fines for GDPR Violations

8 February 2021

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

8 February 2021

Happy Chinese New Year

3 February 2021

New Rules on Insider Lists and the Obligation to disclose Inside Information for Issuers on SME Growth Markets

2 February 2021

News from the Danish FSA on the Market Abuse Regulation

1 February 2021

Nasdaq updates its Nordic Main Market Rulebook for Issuers of Shares to include Provisions on Special Purpose Acquisition Companies(“SPAC”)

21 January 2021

New Requirement for large and listed Companies to report on their Data Ethics Policies

12 February 2021

Danish Guidelines Increase Transparency on Fines for GDPR Violations

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The Danish Data Protection Agency has published new guidelines on the calculation of fines for violations of the EU General Data Protection Regulation (“GDPR”) and the Danish Data Protection Act.

The purpose of the new guidelines is to increase transparency regarding the fines. They will be continuously updated according to new case law.

The fines have been set based on the following:

  • Basic amount identified and adjusted in accordance with the size of the Company;
  • Adjustment based on specific assessment of the nature of the violation;
  • Adjustment based on aggravating and mitigating circumstances; and
  • Adjustment for the maximum fine level and ability to pay;

Pernille Nørkær

Partner

+45 30 37 96 40

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Sarah Veje Rasmussen

Senior Associate

+45 30 37 96 62

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