Denmark wants the EU to scale back financial regulations that are impacting large and small banks indiscriminately. The Danish government has proposed a new set of rules for banks, which would allow them to charge higher fees on transactions with smaller amounts than those charged by larger banks. Mikkelsen said he regrets that much of Denmark's financial regulation was put together hastily and that his goal now was to support economic growth with deregulation. In 2010, lawmakers signed a Bill that allowed bail-ins. The EU’s Financial Services Commissioner Valdis Dombrovskis has already indicated he favours simplifying regulations for smaller banks.
Denmark wants the EU to scale back financial regulations that are impacting large and small banks indiscriminately. The Danish government has proposed a new set of rules for banks, which would allow them to charge higher fees on transactions with smaller amounts than those charged by larger banks. Mikkelsen said he regrets that much of Denmark's financial regulation was put together hastily and that his goal now was to support economic growth with deregulation. The EU’s Financial Services Commissioner Valdis Dombrovskis has already indicated he favours simplifying regulations for smaller banks.