IssuedBusiness
Competence requirements for staff in consumer loans and credit brokerage
Official title (in Danish): Bekendtgørelse om kompetencekrav til forbrugslånsvirksomheder og kreditformidlere
In short
Reading time: 1 min- What it sets out:
- The executive order sets out that consumer loan companies and credit brokers must ensure that their staff have sufficient knowledge and competences.
- They must be able to document this.
- Who: The rules apply to consumer loan companies and credit brokers covered by section 8 b of the act. They do not apply to mortgage credit agreements.
- When: The executive order will enter into force on 20 November 2026.
Written by AI from verbatim quotes from the source and checked by code and AI. Dates, tables and the fact box are calculated by fixed rules. Unofficial translation. Always read the original.
Sources and original
Read the official text (in Danish) →
Source: Retsinformation.dk
Translated from Danish · The Danish version and the original source apply.
Timeline
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- Issued · 24 November 2025
- Published in the Danish Law Gazette (Lovtidende) · 25 November 2025
- Enters into force · 20 November 2026In 16 days