The Danish Financial Supervisory Authority and the Danish Business Authority published their 2024 report on financial reporting enforcement, covering checks on whether listed companies comply with rules on financial and non-financial disclosures in annual and interim reports. The authorities selected 16% of in-scope annual or interim reports for review and closed 22 cases without identifying errors or breaches, while finding errors in seven reports. The review population comprised 79 financial firms, investment associations, securities funds and capital associations covered by the Danish Financial Supervisory Authority’s executive orders, and 109 non-financial companies covered by the Danish Annual Accounts Act. Errors were identified in five annual reports and two interim reports, and 11 cases remained open and were carried into 2025.
Danish Finanstilsynet2025-06-11
Danish Financial Supervisory Authority and Danish Business Authority publish 2024 results of listed company financial reporting reviews
The Danish Financial Supervisory Authority and the Danish Business Authority released their 2024 financial reporting enforcement report, reviewing compliance with disclosure rules in annual and interim reports. They examined 16% of reports, closing 22 cases without errors but identifying issues in seven reports. The review included 79 financial firms and 109 non-financial companies, with 11 cases still open into 2025.