The Danish Financial Supervisory Authority published a joint letter from the Nordic resolution authorities to the European Banking Authority (EBA) on the EU simplification agenda, urging a less complex and more adaptable Single Rulebook to better support financial stability and operational efficiency. The letter calls on EBA to prioritise simplification while accounting for structural diversity across Member States, arguing that flexibility is essential for well-functioning resolution regimes. It backs a simplified, risk-based rulebook intended to improve resource allocation and sharpen focus on the areas requiring the most attention.
Danish Finanstilsynet 2025-05-09
Danish Financial Supervisory Authority publishes Nordic resolution authorities’ letter urging EBA to simplify the Single Rulebook
The Danish Financial Supervisory Authority released a joint letter from Nordic resolution authorities to the European Banking Authority, advocating for a simplified and adaptable Single Rulebook to enhance financial stability and operational efficiency. The letter emphasizes the need for flexibility to accommodate structural diversity across Member States and supports a risk-based approach to improve resource allocation.