The council recommended that homeowners should not be able to take out installment-free mortgages against mortgages on real estate if the mortgage is over 60 percent.
Here you can learn more about the council and its work:
* The Systemic Risk Board was established in 2013 in the wake of the financial crisis, which hit in 2008.
* It keeps an eye on possible financial risks and must help prevent new crises from hitting Denmark.
* The Council makes opinions of various strengths. This can be in the form of an observation, a warning or a recommendation.
* The recommendation is a concrete proposal for an initiative that can help solve the threat that the council believes it has seen.
* The Council is advisory. It is therefore not certain that politicians will choose to follow the proposal that comes.
* If this is not the case, the Council must receive an answer as to why.
* The council consists of representatives of Danmarks Nationalbank, the Danish Financial Supervisory Authority, several ministries and three independent experts.
* The members are appointed by the Minister of Trade and Industry for up to four years at a time. They can be selected several times.
* The chairman of Danmarks Nationalbank’s Executive Board holds the chairmanship. It’s right now Lars Rohde.
Sources: The Systemic Risk Board.
Source: The Nordic Page