Put financial decisions in civil servants’ hands, central bank urges

Oct 2, 2013

Responsibility for administering new EU financial regulations should be put in the hands of civil servants, not elected officials, according to the Nationalbanken, the central bank.

Giving lawmakers the responsibility to implement the EU’s newest capital requirement directive would increase the likelihood that decisions would not be made in a timely fashion, if they were made at all, Nationalbanken wrote.

Nationalbanken said its recommendation follows the guidelines set out by the International Monetary Fund and the EU.

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Put financial decisions in civil servants’ hands, central bank urges

New US Arctic security strategy co-opts Denmark as Russia deterrent

Anti-whaling activist and Greenpeace co-founder Paul Watson arrested in Greenland

Migratory birds bring dangerous ticks to Denmark

Planes grounded in CPH as worldwide IT outage hits airlines, media and banks

CrowdStrike director: IT outage issue “has been identifed”

Foreign labour contributes DKK 76 billion to Danish economy in three months

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How internationals can benefit from joining trade unions

Internationals in Denmark rarely join a trade union

Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

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