DEN BAR Client Account Statements

Published on: Jan 23, 2025

On Jan. 20, DEN BAR required client account, supervisory statements.

  • DEN BAR had sent out emails to lawyers and law firms stating that everyone must now submit both the client account and supervision statements to them, by Mar. 31, 2025.
  • Requirement Overview
  • All the lawyers and law firms are allowed to submit all client account statements and supervisory statements for reporting year 2024, with statement submission deadline being Mar. 31, 2025, and it is then an obligation for all lawyers and law firms to do so.
  • Information and guidance on client account and supervisory declarations is available on the relevant DEN BAR webpage, and reporting pages can also be accessed online.
  • In connection with the email distribution, DEN BAR had been made aware that some lawyers have stated the forwarding email contained some missing words and letters.
  • This led to understandable concerns among lawyers about whether this is hacking or phishing, and is not the case, so DEN BAR is working to find the error regarding this.
  • Effectiveness
  • The client account and supervision statements must all be received by Mar. 31, 2025.cl
Regulators
DEN BAR
Entity Types
Corp
Reference
Form, Info, PR 1/20/2025
Functions
Client Money; Compliance; Legal; Reporting; Technology
Countries
Denmark
Category
State
N/A
Products
Corporate
Rule Type
Final
Regions
EMEA
Rule Date
Jan 20, 2025
Effective Date
Mar 31, 2025
Rule ID
241138
Linked to
N/A
Reg. Last Update
Jan 20, 2025
Report Section
EU