Redegørelse om inspektion i Nasdaq Copenhagen A/S | Finanstilsynet

https://www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2026/apr/inspektion-i-nasdaq-copenhagen-as
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2026-04-21 08:49:05 · arahman@vixio.com
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Finanstilsynet gennemførte i november og december 2025 en inspektion i Nasdaq Copenhagen A/S. Inspektionen var en ordinær inspektion med fokus på compliance-funktionen, medlemsovervågningen samt handelsafbrydere (circuit breakers og manuelle trading halts). Områderne blev udvalgt og undersøgt ud fra en risikobaseret tilgang.

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TITLE: Denmark's Financial Supervisory Authority Issues Inspection Findings for Nasdaq Copenhagen BODY: On April 20, 2026, Denmark's Financial Supervisory Authority (FSA) published an inspection report on Nasdaq Copenhagen A/S following an inspection conducted in November and December 2025. The FSA conducted an ordinary inspection focused on three areas selected using a risk-based approach: the compliance function, member supervision, and trading halts (circuit breakers and manual trading halts). Nasdaq Copenhagen A/S operates the only regulated market in Denmark and holds a licence from the FSA. It operates two marketplaces: Main Market (a regulated market) and First North Denmark (a multilateral trading facility). The exchange's activities span three business areas: listings, trading, and market data sales. The inspection identified deficiencies in Nasdaq Copenhagen's procedures for monitoring members' pre-trade controls. The FSA determined that the existing monitoring procedures do not provide a sufficient basis to assess whether trading members comply with Nasdaq Copenhagen's own requirements and legislative requirements regarding pre-trade controls. The FSA noted that inadequate monitoring creates a risk of overlooking issues that could inappropriately affect the marketplace's function, which a more thorough process would identify. As a result, the FSA issued a directive requiring Nasdaq Copenhagen to conduct a genuine assessment of whether members' pre-trade controls are adequate. This includes ensuring that members' descriptions of pre-trade controls are sufficiently detailed to enable Nasdaq Copenhagen to perform such an assessment, in accordance with Article 7, sections 3 and 4 of Commission Delegated Regulation 2017/584 (RTS 7). The FSA found no issues regarding the compliance function or trading halts that would warrant supervisory action.
  • ✓ Scraped:2026-04-21 08:49:05
  • ✓ Created:2026-04-21 08:49:05
  • ✓ By:arahman@vixio.com (35)