Denmark’s Bernstein proposes UK-style merger between central bank and regulator

national-bank-of-denmark

Denmark's central bank is pushing to gain more power over financial regulation.

Nils Bernstein, the governor of the National Bank of Denmark, told Børsen, a Danish newspaper, on Wednesday that a "partial merger" between the central bank and the Danish Financial Services Authority (FSA) would improve collaboration with the two institutions and prevent a recurrence of the financial crisis.

"We can see a trend in Europe and internationally which involves some kind of fusion between central banks an

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