Insurance companies may own forests; new rules for payment systems
Official title (in Danish): Lov om ændring af lov om forsikringsvirksomhed, lov om betalinger, lov om etablering af statsgaranti på en del af ejendomskreditaftalerne i landdistrikterne og forskellige andre love (Tværgående pensionskassers og forsikringsselskabers adgang til at eje og drive skov, vilkår for adgang til betalingssystemer for udbydere af betalingstjenester og etablering af statsgaranti på en del af ejendomskreditaftalerne i landdistrikterne m.v.)
In short
Reading time: 1 min- What changes:
- Insurance companies can run forests through a subsidiary with limited liability.
- Payment systems must give providers of payment services access on objective, non-discriminatory and proportionate terms, and the terms must not restrict access more than necessary to protect against specific risks and to ensure the stability of the system.
- Who: The rules apply to insurance companies, payment systems, providers of payment services, e-money institutions and payment institutions. The exemption in the children and young people area applies to companies and institutions that carry out tasks in that area.
- When: Section 1, no. 5-7 and 22 will enter into force on 10 January 2030. The rest of the Act entered into force on 1 July 2025. Some parts entered into force on 2 July 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) →
The case at the Danish Parliament (ft.dk)
Source: Retsinformation.dk
Translated from Danish · The Danish version and the original source apply.
Summary by the Danish Parliament (in Danish)
Med lovforslaget foreslås, at give forsikrings- og pensionsselskaber, Arbejdsmarkedets Tillægspension og Lønmodtagerens Dyrtidsfond mulighed for at eje og drive skov via et datterselskab, at permanentgøre Lån på Landet-ordningen og udvide spændet for den del af boliglånet, der kan opnås statsgaranti for, til mellem 40 pct. og 90 pct. af ejendommens kontantværdi på handelstidspunktet, og at præcisere, at betalingssystemer skal give udbydere af betalingstjenester adgang til deres betalingssystemer på objektive, ikkediskriminerende og proportionale vilkår.
Source: Folketinget (ft.dk). Reproduced unchanged.
Timeline
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- Introduced · 9 April 2025Status in the Danish Parliament: Fremsat
- Passed · 11 June 2025Status in the Danish Parliament: 3.beh./Vedtaget
- Stadfæstet · 20 June 2025Status in the Danish Parliament: Stadfæstet
- Partly entered into force · 1 July 2025Status in the Danish Parliament: Stadfæstet
- Partly entered into force · 2 July 2026Status in the Danish Parliament: Stadfæstet
- The rest enters into force · 10 January 2030In 1162 days