It became a practice to start each meeting with an assessment of current risks in the financial sector in Denmark, followed by discussions of potential macroprudential measures to address identified risks and ad-hoc analysis if warranted. For instance, at its second meeting in June 2013, the Council decided to analyse: 1) whether the high indebt-  10 https://risikoraad.dk/nyheder/2013/april/pressemeddelelse-efter-foerste-moede/. 11 https://risikoraad.dk/nyheder/2013/april/pressemeddelelse-efter-foerste-moede/.
Page 7 of 23  edness of Danish households could involve systemic financial risks, and 2) systemic risks related to a prolonged period with low interest rates. 12 Already at the Council meeting in June 2013, the Council published its first recommendation. It was a recommendation on the phasing-in of the capital requirements in Danish legislation.