Denmark wants the EU to scale back financial regulations that are impacting large and small banks indiscriminately . Most Danish lenders were shut out of wholesale funding markets. Finance minister Brian Smith wants a study at European level to establish whether any existing rules can be reversed , and also wants to investigate how other European countries implement regulations , to see if a more relaxed approach would be possible . 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 .
Denmark wants the EU to scale back financial regulations that are impacting large and small banks indiscriminately . Finance minister Brian Smith wants a study at European level to establish whether any existing rules can be reversed , and also wants to investigate how other European countries implement regulations , to see if a more relaxed approach would be possible . 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 .