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The Latest

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22 March 2024

Lennart Meyer Østenfjeld joins as Partner

5 March 2024

Danish Crown – Judgment about Greenwashing

13 February 2024

Distressed M&A - Navigating through the Challenges

25 January 2024

New bill with significant changes on the Danish Competition Act in consultation

7 January 2024

Can AI be considered the inventor of a patent?

1 January 2024

Andreas Hvid Clement joins as Partner and Head of Real Estate M&A

19 December 2023

The political Agreement on the EU Artificial Intelligence Act ("the AI Act") and new important Judgments from the CJEU on GDPR Fines and Damages Actions

1 December 2023

Happy Holidays!

30 November 2023

Dan Moalem: Thought Leader in M&A

18 November 2023

EU proposes Changes to Capital Markets: A Focus on SME Growth and Multiple-Vote Share Structures

21 January 2021

New Requirement for large and listed Companies to report on their Data Ethics Policies

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As of 1 January 2021, all large and listed companies and state-owned public limited companies are obligated to report on their data ethics policies (in Danish: Politik for dataetik). Such reporting must be included in the annual reports, or alternatively published on the company websites. If a company has not implemented a data ethics policy, the annual report must include a description of the reason why such a policy has not been implemented.

The purpose of this requirement is to provide transparency in the companies’ work with data ethics and to encourage companies to take responsibility and make efforts to ensure good data ethics.

It is expected that data ethics will become a competitive resource for Danish companies, as the reporting obligation makes it possible for business partners, customers and investors to gain insight into the companies’ focus on and levels of data ethics

Pernille Nørkær

Partner

+45 30 37 96 40

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