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 47th meeting

    10 December 2024

    The risk outlook is characterised by changes in global economic policy. And geopolitical tensions can, among other things, affect the international trade as well as the cyberthreat against the financial sector. Credit institutions’ earnings remain high, and Danish companies and households have generally been able to handle the interest rate hikes in 2022 and 2023. Based on the current risk outlook, the Systemic Risk Council assesses that the countercyclical capital buffer in Denmark should be maintained at 2.5 per cent.

    Press release after 47th meeting

  • Greenland

    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.

     Read more here

     

Press release

Press release after 47th meeting

10 December 2024

The risk outlook is characterised by changes in global economic policy. And geopolitical tensions can, among other things, affect the international trade as well as the cyberthreat against the financial sector. Credit institutions’ earnings remain high, and Danish companies and households have generally been able to handle the interest rate hikes in 2022 and 2023. Based on the current risk outlook, the Systemic Risk Council assesses that the countercyclical capital buffer in Denmark should be maintained at 2.5 per cent.

 

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.

The Systemic Risk Council on X

Meetings in 2025

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