Finansiel Stabilitet is organised with three business areas that are based on the main objectives, Activities handled on behalf of the government, the Deposit Guarantee Fund and the Resolution Fund, as illustrated in the figure below:

In the period from 2008 to 2015, Finansiel Stabilitet took over and resolved a number of failing banks. The legislative framework was Bank Packages I-V, which authorised Finansiel Stabilitet to take over failing banks and subsequently perform a controlled resolution, either by winding up the activities or by selling all or parts of the failing institutions. The legislative framework was adapted along the way: under Bank Package I, a general government guarantee was issued to all unsecured creditors, whereas Bank Packages III and IV involved a risk of losses to creditors, including deposits. Accordingly, the scheme was adapted to the rules applying to the current set-up under the Resolution Fund. The Deposit Guarantee Scheme was adapted along the way, in that coverage was increased from DKK 375 thousand to the current DKK 745 thousand.

This segment covers other activities handled on behalf of the government and for the account and risk of the government.

Debt counselling for insolvent former mink farmers: On 1 June 2021, the Danish parliament passed an Act to amend the Act on Restructuring and Resolution of Certain Financial Enterprises, under which Finansiel Stabilitet is required to set up an entity to provide debt counselling free of charge to insolvent former mink farmers.

Government-guaranteed mortgage credit agreements in rural districts: On 7 June 2022, the Danish parliament adopted an act on the establishment of a government guarantee on part of the mortgage credit agreements in rural districts. Finansiel Stabilitet manages the government guarantee scheme on behalf of the Danish State.

Government-guaranteed loans to install heat pumps: On 24 March 2023, the Danish parliament adopted an act on the establishment of a government guarantee on loans for the replacement of oil or gas-fired furnaces in rural districts. Finansiel Stabilitet manages the government guarantee scheme on behalf of the Danish State.

Assets taken over from mink-related industries: Pursuant to the Executive Order on the scheme for the sale and other management of assets taken over from mink-related industries, Finansiel Stabilitet is to assist the government with the management and sale of assets arising from mink-related industries which have received government compensation. The scheme is established in the subsidiary FS Ejendoms­selskab A/S for the account and risk of the government.

By Act no. 334 of 31 March 2015, the Guarantee Fund for Depositors and Investors was dissolved effective from 1 June 2015. The rights and obligations of the former Guarantee Fund were continued under the new Deposit Guarantee Fund, managed by Finansiel Stabilitet. The Deposit Guarantee Fund consists of four funds: the Banking Department, the Mortgage Credit Department, the Investment and Portfolio Management Department and the Restructuring Department.

By adoption of the Act on Restructuring and Resolution of Certain Financial Enterprises, a resolution financing scheme (the Resolution Fund) was established, which is managed by Finansiel Stabilitet. The Resolution Fund may be used in connection with Finansiel Stabilitet’s powers to implement resolution measures against credit institutions that are failing or are expected to fail and where it is in the public interest to do so.

Broinstitut I A/S: Subsidiary under the Resolution Fund whose objects are to own shares in FS Finans V A/S.

FS Finans V A/S: Financing company established on 31 May 2017 based on Andelskassen J.A.K. Slagelse after the company had deposited its banking licence with the Danish FSA.

Broinstitut II A/S: Subsidiary under the Resolution Fund whose objects are to own shares in FS Finans VI A/S.

FS Finans VI A/S: Financing company established on 28 June 2019 based on Københavns Andelskasse after the company had deposited its banking licence with the Danish FSA.

The Insurance Recovery and Resolution Directive (IRRD) is to be implemented in Danish law by 1 January 2027 at the latest. On implementation of the Directive in Denmark, Finansiel Stabilitet and the Danish FSA have been jointly appointed as the resolution authority for the insurance industry, with the same division of duties as for credit institutions. Until the commencement of this Act, expenses incurred will be recognised under Activities handled on behalf of the government.