Opposition wants supervision for bank watchdog

Sep 6, 2013

The tough discipline imposed on the financial sector by Finanstilsynet, the financial services authority, has got out of hand, according to opposition party Venstre, which now proposes setting up an oversight board for the organisation.

During the recession, the Finanstilsynet was accused of being too soft on banks, but now Venstre says changes made by the organisation have gone too far and are damaging the economy.

“We’re seeking a golden mean,” party spokesperson Kim Andersen said.

Berlingske Business

This story was included in The Copenhagen Post's Morning Briefing for Friday, September 6. If you would like to receive stories like these delivered to your inbox by 8am each weekday, sign up for our Morning Briefing newsletter today.

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