Denmark's new government plans to reduce regulatory burdens by 25% by 2035, introduce ID cards on construction sites, and implement a tripartite agreement on flexible working life and career shifts. Tax reforms include abolishing the top-top tax and middle tax bracket, and reintroducing Great Prayer Day as a public holiday from 2030.
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The Danish Financial Supervisory Authority (FSA) has issued a warning requiring banks to integrate climate and environmental risks into credit risk assessments and capital planning. This aligns with broader EU regulatory trends and signals increased enforcement of ESG risk management in banking.
Denmark has released a draft bill to implement the EU Pay Transparency Directive with key adjustments, including extending reporting requirements to companies with 50-99 employees under certain conditions and delaying implementation to 2027. The bill replaces the current DISCO code-based system with more flexible equal work assessments and requires collaboration with employee representatives. Large employers (150+ employees) must first report salary information by September 1, 2028 based on 2027 data.