However, I would like to take this opportunity to emphasise that Danmarks Nationalbank’s role is that of an authority, including in relation to oversight of the financial infrastructure. Our role is not to be a co-owner of competitive companies operating on commercial terms. For this reason we have gradually begun to withdraw from such companies.
But in hindsight, I have to admit that they are only part of more comprehensive strategies for dealing with a fullblown financial crisis like the one we are witnessing. We need to ask ourselves why such comprehensive policies were not implemented in a timely manner.