Rules & Regulations -

Nasdaq Copenhagen (Københavns Fondsbørs) is a regulated market licensed in Denmark.


Nasdaq Copenhagen is a regulated market governed by the Danish Capital Markets Act (Lov om kapitalmarkeder) and subject to supervision by the Danish Financial Supervisory Authority (Finanstilsynet).

Financial instruments may be admitted to trading only where conditions exist for fair, orderly and efficient trading. The rules for Nasdaq Copenhagen A/S are also adapted to existing EU directives and regulations such as the (EU) Market Abuse Regulation (MAR), the (EU) Transparency Directive, the (EU) Directive regarding Markets in Financial Instruments (MiFID II), the (EU) Takeover Directive and the (EU) Benchmark Regulation (BMR). 

Under the heading RULEBOOKS/RULES, you will find the current rulebooks and rules.

In the SUPPORTING DOCUMENTS section, you will find Q&As, guidance etc.

In the REGULATORY NOTICES section, you will find regulatory notices pertaining to rule changes and the upcoming version of the new rulebooks. 

Related links: Listing Forms, Certified Adviser on First North

Corporate Governance

The Committee on Corporate Governance is an independent committee established by the Danish Ministry of Industry, Business and Financial Affairs.

The Committee's task is to define the framework for corporate governance of companies admitted to trading on Nasdaq Copenhagen A/S.

The Committee is composed of chairman Lars Søren Rasmussen (Chairman), Board member Agnete Raaschou-Nielsen (Vice Chairman), lawyer Rikke Schiøtt Petersen, CEO Laila Mortensen, CEO Bo Foged, chairman Thomas Thune Andersen, auditor Kirsten Aaskov Mikkelsen, CEO Nikolaj Kosakewitsch, chairman Claus V. Hemmingsen, Board member Jesper Brandgaard and CFO Marianne Rørslev Bock. 

Secretariat: The Danish Business Authority


Issuer Rules

Local Rules

Common Rules


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