In its recent biannual risk report, the Danish Financial Supervisory Authority, Finanstilsynet, finds that the covid-19 crisis has caused significant changes to the risk picture – changes that require a shift in supervisory efforts from the FSA.

"In principle, we think it must be a sensible use of our resources that we think about where the risks are greatest and then throw our resources at these areas," Jesper Berg, head of the Danish Financial Supervisory Authority (FSA), tells AMWatch.