The Danish Financial Supervisory Authority published its 2024 statistics on breaches of capital market rules, reporting 248 cases opened for suspected market abuse and four referrals to the police for possible market abuse. It also took enforcement action for breaches of disclosure obligations, issuing four reprimands and orders and imposing three administrative fines. Of the 248 market abuse cases, 144 involved suspected insider dealing and 86 suspected market manipulation, and the authority handled 18 requests from foreign authorities. Most investigations did not lead to a police referral; the lower number of referrals compared with prior years was attributed to fewer complex insider dealing cases and a continued decline in wash trading cases, alongside ongoing preventive efforts focused on wash trading and market manipulation through many small price-impacting trades.
Danish Finanstilsynet 2025-05-08
Danish Financial Supervisory Authority publishes 2024 capital markets enforcement statistics showing four market abuse police referrals
The Danish Financial Supervisory Authority reported 248 cases of suspected market abuse in 2024, with 144 involving insider dealing and 86 market manipulation. Four cases were referred to the police, and enforcement actions included four reprimands, orders, and three fines for disclosure breaches. The decline in police referrals is linked to fewer complex insider dealing cases and reduced wash trading incidents.