Consultation response concerning the bill to amend the Danish Financial Business Act, Anti-Money Laundering Act, Act on Alternative Investment Fund Managers, etc. and various other acts
A key lesson learned from the financial crisis is that it must be possible to address the problems of banks and mortgage banks without the use of government funds. The large, systemically important institutions perform functions that are critical to society and essential to financial stability. It must be possible to continue these functions if problems arise. This means that there must be sufficient funds contributed by owners and creditors, i.e. own funds and eligible liabilities.