Other publications may include books, quarterly reviews, annual reports and economic bulletins from the ECB, PhD theses and Danmarks Nationalbank’s policies.

Financial stability and financial risks

The Investment Services Directive - a New Basis for Securities Trading in Europe

Political agreement on a new Investment Services Directive may increase competition in the markets once the directive enters into force. The much-needed adaptation of legislation to the market development will facilitate the integration of the securities markets in the EU and benefit the business community and private investors, even though several of the changes implemented by the directive are not substantial.