Saxo Bank License
Secure online trading
Saxo Bank A/S is a fully licensed European bank under the supervision of Danish FSA. Saxo Bank A/S is subject to stringent financial reporting requirements under EU directives and specific regulations regarding client handling.
The European Investment Directive was introduced in 1996, and on 2 May that year, Saxo Bank A/S (then known as Midas) became the first broker in Denmark to gain approval under this directive. In June 2001, the Danish Financial Supervisory Authority approved a banking licence and the company officially became Saxo Bank A/S.
Saxo Bank ownership
Saxo Bank A/S is a privately owned company. Geely Financials Denmark A/S, a subsidiary of Zhejiang Geely Holding Group Co., Ltd, owns 50.89 percent of the shares of Saxo Bank. Saxo Bank Founder and CEO Kim Fournais owns 27.53 percent of the Bank’s shares, while Sampo Plc, a leading Nordic financial services group, owns 19.43 percent of the shares. The remaining shares are held by minority shareholders including a number of current and former employees of the Bank.
License and regulation details
Saxo Bank A/S (company registration no. 15731249) is incorporated in Denmark as a licensed bank (license no. 1149) and is regulated – along with Saxo Bank A/S Italy, Saxo Bank A/S Czech Republic, Saxo Bank A/S Netherlands – by the Danish Financial Supervisory Authority (FSA) - Finanstilsynet, Århusgade 110, 2100, København Ø. Further details regarding the Danish FSA and the license of Saxo Bank A/S may be viewed at https://www.finanstilsynet.dk. As a member of the European Union, Denmark has incorporated the EU Banking and Investment Directives into Danish law.
For a full overview of the Saxo Group licenses, please click here.
Legal Entity Identifier (LEI)
|529900EV6BXWNSFD7E06||Saxo Bank (Switzerland) Ltd.||Zurich||CH|
|549300TL5406IC1XKD09||Saxo Bank A/S||Hellerup||DK|
Saxo Capital Markets
|5299008T5RHLJHTP2562||Saxo Capital Markets HK Limited||Hong Kong||HK|
|2138002TJAEVDAI8BF78||Saxo Capital Markets UK Ltd||London||GB|
|52990041GUUCABWVC636||Saxo Capital Markets Pte Ltd||Singapore||SG|
|5299009RT0HATEI73I87||Saxo Capital Markets (Australia) Limited||Sydney||AU|
Member Information Table (GIIN)
|Legal Name of Member Financial Institution||Country||Member Type||GIIN|
|Saxo Bank A/S||Denmark||Reporting Model 1 FFI||2IN0H9.00000.LE.208|
|Saxo Capital Markets (Australia) Limited||Australia||Reporting Model 1 FFI||2IN0H9.00009.ME.036|
|Saxo Banque||France||Reporting Model 1 FFI||LRBCFD.99999.BR.250|
|Saxo Capital Markets HK Limited||Hong Kong||Reporting Model 2 FFI||2IN0H9.00012.ME.344|
|Saxo Bank Securities Ltd||Japan||Reporting Model 2 FFI||2IN0H9.00006.ME.392|
|Saxo Capital Markets Pte Ltd||Singapore||Reporting Model 1 FFI||2IN0H9.00011.ME.702|
|Saxo Bank Schweiz AG||Switzerland||Reporting Model 2 FFI||2IN0H9.00001.ME.756|
|Saxo Capital Markets UK Limited||United Kingdom||Reporting Model 1 FFI||2IN0H9.00002.ME.826|