The Systemic Risk Council

The work of the Council seeks to prevent and reduce systemic financial risks that may put the economic development under stress.

Read more about our work

Press release

Press release after 46. meeting

1 October 2024

The overall risk outlook remains broadly unchanged compared to the meeting in June 2024. Inflation trends, interest rate expectations and geopolitical risks continue to impact the risk outlook. Market participants are currently expecting further monetary policy rate cuts in 2024 and 2025. The high earnings in credit institutions and moderate lending growth continue to contribute to strengthening the institutions’ resilience, while allowing them to build up capital.

 

Recommendation

Activation of the countercyclical capital buffer in Greenland

1 October 2024 

The Systemic Risk Council recommends to the Minister for Industry, Business and Financial Affairs to activate a countercyclical capital buffer at a rate of 0.5 per cent in Greenland from 1 January 2026, increasing to 1.0 per cent from 1 July 2026.

Press release

Follow-up on the decision by the Minister for Industry, Business and Financial Affairs to activate a sector-specific systemic risk buffer for corporate exposures to real estate companies

7 June 2024

The Minister for Industry, Business and Financial Affairs published the government’s decision to comply with the Council’s recommendation to activate a sector-specific buffer for exposures to real estate companies at a rate of 7 per cent on 26 April 2024. The Council finds that the activation of a sector-specific systemic risk buffer by the Minister for Industry, Business and Financial Affairs will address the systemic risks identified sufficiently. 

 

The Systemic Risk Council on X

Meetings in 2024

Members of the Council

By law, the Council consists of the following members:

  • Two representatives from Danmarks Nationalbank, one being the chairman of the Board of Governors of Danmarks Nationalbank and chairing the Council.
  • Two representatives from the Danish Financial Supervisory Authority.
  • One representative from each of the following economic ministries: Ministry of Industry, Business and Financial Affairs, Ministry for Economic Affairs and the Interior and Ministry of Finance.
  • Three independent experts with knowledge of financial matters.
Picture of the members of the Council