Help with legal action

Finance Denmark’s legal committee can help if a party involved in a pending court case so wishes. Finance Denmark’s legal opinion describes what Finance Denmark deems to be customary practice in a financial institution.

As a starting point this requires a financial institution to be a party in a court case, that the parties involved agree on the wording of the questions and that the court has approved the procurement of a legal opinion.

Conditions for submitting a legal opinion are:

1. Upon the request of a party in a court case, where a financial institution is involved in the lawsuit, Finance Denmark’s legal committee can submit a legal opinion on what may be regarded as customary practice for financial institutions.

2. The legal opinion is submitted as long as the parties agree on procuring a legal opinion and the wording of the questions. If the parties are not in agreement, a legal opinion may only be submitted if the court allows a party to procure it. 

3. If neither of the parties involved in the case are a financial institution, a legal opinion can only be submitted if the legal committee finds it reasonable or appropriate.

4. The legal committee can decide that Finance Denmark may not submit a legal opinion in special cases.

Get updates by email

Don’t miss out on the latest news from Finance Denmark.

Sign up for news in Danish

Finance Denmark is a business association for banks, mortgage institutions, asset management, securities trading and investment funds in Denmark. Our members are mortgage institutions, banks, savings banks, cooperative savings banks, Danish branches of foreign banks, asset managers, Danish securities dealers and investment funds. 

Read more about Finance Denmark and our work