Mind you, without increasing the collection of data on citizens. But crime knows no borders either. Complex cases of money laundering and financing of terrorism move across banks and national borders. There is consequently a need for increased sharing of information between companies and authorities – both in and outside Denmark.
This new perspective did catch some attention at first, but it disappeared soon thereafter from the international agenda. It was not until the outbreak of the Asia-crisis in 1997-1998 that the macroprudential dimension made its comeback. That crisis was clearly characterized by problems in the financial sector as a whole and the problems spread through contagion across the entire region.