Saxo Bank License

Saxo Bank A/S is incorporated in Denmark as a licensed bank (license no. 1149) and is regulated by the Danish Financial Supervisory Authority (FSA) - Finanstilsynet, Århusgade 110, 2100, København Ø, Denmark.

Further details regarding the Danish FSA and the license of Saxo Bank A/S may be viewed at www.finanstilsynet.dk.

As a member of the European Union, Denmark has incorporated the EU Banking and Investment Directives into Danish law.