This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Nykredit agrees to improve competition in mortgage-loan distribution, Danish watchdog says

( September 25, 2024, 14:34 GMT | Official Statement) -- MLex Summary: Financial services operator Nykredit has agreed to modify the terms of cooperation between Denmark's biggest mortgage institution, Totalkredit, and 41 banks regarding the distribution of mortgage loans to private debtors, according to the Danish Competition Authority. The commitments will ensure that banks won't incur a loss of commission from Totalkredit on already distributed mortgage loans if they switch to another mortgage supplier. Totalkredit, a subsidiary of Nykredit, was under scrutiny over whether it abused its market power through exclusivity clauses on independent banks distributing mortgage loans for Totalkredit. Statement follows. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections