The Head of Banking & Markets is responsible for the day-to-day administration of, and the effectiveness of the policies around the Denmark Short-Term Rate (DESTR).
The DESTR oversight committee serves to provide advice to head of Banking & Markets, with respect to their responsibilities around DESTR.
The committee is chaired by the Head of Financial Stability, and is also comprised of the Heads of Financial Statistics, Economics & Monetary Policy and Banking & Markets
The committee meets twice a year; additional meetings may be called as required. Minutes and a semi-annual error report will be published after the meetings.
All recommendations from the Oversight Committee to the Head of Banking & Markets will be recorded and tracked by the Secretariat, with the response reported back to the Committee at the subsequent meeting.