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 49th meeting

    17 June 2025

    The first half of 2025 has been characterised by a shift in the relationship between Europe and the US, particularly in trade policy, which affects the risk outlook for the financial sector in Denmark. At the same time, global geopolitical tensions remain elevated. High earnings place banks in a good position to handle potential losses related to uncertainty about the geopolitical situation and macroeconomic developments may incur. The Council recommends maintaining the countercyclical capital buffer in Denmark at 2.5 per cent. The Council has initiated its evaluation of the systemic risk buffer targeted at lending to real estate companies. 

    Press release after 49th 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 49th meeting

17 Juni 2025

The first half of 2025 has been characterised by a shift in the relationship between Europe and the US, particularly in trade policy, which affects the risk outlook for the financial sector in Denmark. At the same time, global geopolitical tensions remain elevated. High earnings place banks in a good position to handle potential losses related to uncertainty about the geopolitical situation and macroeconomic developments may incur. The Council recommends maintaining the countercyclical capital buffer in Denmark at 2.5 per cent. The Council has initiated its evaluation of the systemic risk buffer targeted at lending to real estate companies. 

 

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.

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