Collection of data for performance of Danmarks Nationalbank's tasks, including analyses and statistics


Danmarks Nationalbank collects personal data on the Danish population to support the performance of Danmarks Nationalbank's tasks, see section 1 of the National Bank of Denmark Act (Lov om Danmarks Nationalbank).

For this purpose, we collect the following types of personal data:

  1. Pension data: data about savings, contributions and pension firm, as well as identification data, including name, address and CPR number.

  2. Credit data: data about the borrower, including debtor ID, income, default, credit risk measure; information about the loan, including principal amount, rate of interest, redemption profile, loan type, arrears, impairment/write-off; information about collateral for loans, including collateral type, value, where it is deposited; and identification data, including name, address and CPR number.

Such data collection takes place in accordance with section 14a of the Danmarks Nationalbank Act and is necessary for the exercise of our official authority and performance of a task carried out in the public interest (Article 6(1)(e) of the GDPR).

The data is processed for as long as necessary for the performance of Danmarks Nationalbank's tasks, see section 1 of the National Bank of Denmark Act.

The pension data listed under 1 above is collected by our processor, the Danish Tax Agency, after which it is passed on to Statistics Denmark. Danmarks Nationalbank subsequently gains access to the data via Statistics Denmark's public authority scheme (Myndighedsordningen), which is described in more detail below.

Credit data listed under 2 above is registered and stored in a credit register. As a security measure, we pseudonymise the data after collection. This means that those of our employees who access the credit data for performance of Danmarks Nationalbank's tasks cannot as a general rule see your name, address and and civil registration (CPR) number. If there is a work-related need, selected data, for example Building and Housing Register (BBR) number, can be made identifiable, for example for use in ensuring the data quality or for identification of a concentration risk which the actions of natural persons may entail for financial institutions. The identity of the individual person is thus not in itself significant to Danmarks Nationalbank’s work.

We use Statistics Denmark as data processor when we enrich the collected credit data with Statistics Denmark’s register data and subsequently gain access to the overall data via Statistics Denmark’s public authority scheme (Myndighedsordning), which is described in further detail below. We also disclose certain identification details and data on type of debt and creditor institution to Statistics Denmark.

In accordance with section 20(2) of the National Bank of Denmark Act, and subject to the conditions set out in section 20(2) and (3), we may also disclose confidential data to:
  • The Royal Bank Commissioner
  • Financial Stability
  • The Danish Financial Supervisory Authority
  • Committees and groups etc. set up by the Minister for Industry, Business and Financial Affairs
  • The European System of Central Banks and central banks located in EEA countries
  • The European Systemic Risk Board
  • Statistics Denmark
  • Eurostat
  • The Bank for International Settlements
  • The International Monetary Fund

The disclosed data will generally consist of aggregated data. The data will, moreover, be disclosed in accordance with the applicable personal data protection rules.

We collect the data from your pension company, bank or mortgage credit institution or from other companies registered in the Central Business Register.

Land Registry data

Danmarks Nationalbank collects publicly available Land Registry data, including names and addresses and property data, title data and encumbrance data. Data can be processed for the purpose of performing out tasks under section 1 of the Danmarks Nationalbank Act.

Processing of this data is necessary for the exercise of our official authority and performance of a task carried out in the public interest (Article 6(1)(e) of the GDPR).

The data is processed for as long as required for the compilation of  analyses etc.

We collect the data from the Land Registry.

Payment statistics

Danmarks Nationalbank collects information on aggregated transactions made with payment cards to prepare payment statistics on a daily basis. Generally, the information cannot be identified as the transactions are aggregated and broken down by the payees’ geographical location (zip code), industry affiliation and sales channel and the country in which the card was issued. The information is, however, treated as personal data, as it cannot be ruled out that certain sole proprietorships and their card turnover can be identified. In these cases, Danmarks Nationalbank processes information about the sole proprietorships concerned and their daily card turnover.

The purpose is to support the performance of Danmarks Nationalbank’s tasks, see the National Bank of Denmark Act (Lov om Danmarks Nationalbank).

The processing of personal data is necessary for the exercise of our official authority and performance of a task carried out in the public interest (Article 6(1)(e) of the GDPR).
 
The data is processed for as long as required for the compilation of  analyses etc.
 
We collect the information from card acquirers (e.g. Nets).

Effect of economic restrictions on the spread of COVID-19
Danmarks Nationalbank collects data on card payments and MobilePay as well as on cash withdrawals in ATMs compiled by Statistics Denmark with the following register data:

Demography, families and households
Labour market status, occupation, industry, ATP and unemployment rate
Education and research
Income
Results of COVID-19 tests and data on vaccinations from the Danish microbiology database
        (the MiBa database)

The purpose is to analyse the effect of economic restrictions on the spread of COVID-19. The analyses are to contribute to providing political guidance in the next phases of the pandemic and to mapping the effectiveness of the national restrictions. Based on the analyses, the conditions for additional measures can be optimised to limit the spread of infection and minimise the economic impact on society.

The processing of personal data is necessary for the exercise of our official authority and performance of a task carried out in the public interest (Article 6(1)(e) of the GDPR). The processing of sensitive personal data is necessary for statistical purposes (Article 9(2)(j) of the GDPR and section 10 of the Danish Data Protection Act (Databeskyttelsesloven)).

The data is processed for as long as necessary for the performance of Danmarks Nationalbank's tasks, see section 1 of the National Bank of Denmark Act (Lov om Danmarks Nationalbank). 
We collect transaction data from a major Danish bank and other data from Statistics Denmark.
The data is only available to Danmarks Nationalbank via Statistics Denmark's public authority scheme (Myndighedsordningen) as described below.

Public authority scheme (Myndighedsordningen) at Statistics Denmark
Danmarks Nationalbank has access to Statistics Denmark's public authority scheme (Myndighedsordningen), via which we can access data about firms and persons. Your name and CPR number will not appear from this data, and access takes place in accordance with Statistics Denmark's guidelines for use of data.

The data is included in Danmarks Nationalbank's financial statistics and analyses for internal and external use and can relate to e.g. analyses of household debt.

Contact information

Controller
Danmarks Nationalbank is the controller of the processing of the personal data we have received about you. You can contact us at:

Danmarks Nationalbank
Langelinie Allé 47
2100 Copenhagen Ø.

Tel: +45 3363 6363
Email: nationalbanken@nationalbanken.dk

Data protection officer (DPO)
If you have any questions or queries about our processing of your data, please contact our Data Protection Officer (DPO). You can contact our DPO in the following ways:

Email: dpo@nationalbanken.dk

Telephone: +45 3363 6534

Danmarks Nationalbank
attn.: Data Protection Officer
Langelinie Allé 47
2100 Copenhagen Ø.