October 10, 2018 / 9:47 AM / in 9 days

Denmark's watchdog should have been more critical of Danske Bank - minister

COPENHAGEN (Reuters) - Denmark’s financial services authority trusted Danske Bank’s (DANSKE.CO) own information too much and should have been more critical of the data, business minister Rasmus Jarlov said on Wednesday.

FILE PHOTO: General view of the Danske Bank building in Copenhagen, Denmark, September 27, 2018. REUTERS/Jacob Gronholt-Pedersen/File Photo/File Photo *** Local Caption *** Jacob Gronholt-Pedersen - RC1771EA59A0 - RC1F86BED720

Jarlov said in a written answer to a question from another politician that the FSA has admitted it has trusted the bank too much and should have been more critical, and that he agrees with those conclusions.

Reporting by Teis Jensen, editing by Louise Heavens

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