Regulatory matters

Plesner advises banks and other domestic and foreign financial institutions on all regulatory matters, including:

• compliance (compliance with EU financial directives including MiFID and payment service directives
• setting up of financial undertakings or branches thereof in Denmark, including issues relating to the transfer of qualifying interests in financial undertakings
• UCITS funds including passporting of foreign UCITS to Denmark and approval requirements applicable to foreign non-UCITS funds
• forming the link between the client and the Danish Financial Supervisory Authority
• advising on the Danish bank aid programmes and related regulation including the Executive Order on Short Shelling
• licensing requirements in connection with the offering of securities trading services
• advising on clearing and settlement of securities transactions

Further, we have been retained by the EU commission for the purpose of assessing the implementation of the capital adequacy directives into Danish legislation.