According to the FSA, the company is not authorized to offer services covered by
the Danish Financial Business Act and is not supervised by the regulator.
That the securities are retrievable is ensured by section 72 of
the Danish Financial Business Act on Financial Services, which imposes on Danish banks to ensure that, the client's rights to their securities are at all times protected, also in case of a default.
Not exact matches
Former Minister of Industry,
Business and
Financial Affairs Troels Lund Poulsen stated in 2016 that the goal of the code review is to encourage more active stewardship by
Danish pension funds and institutional investors.
The Saxo Bank Group is under the supervision of the
Danish Financial Supervisory Authority (In
Danish: «Finanstilsynet») and is subject to the
Danish Executive Order on Good
Business Practice for
Financial Undertakings.