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Book Cover
E-book
Author International Monetary Fund. Monetary and Capital Markets Department, issuing body.

Title Denmark : report on observance of standards and codes (ROSC) / prepared by Monetary and Capital Markets Department
Published Washington, District of Columbia : International Monetary Fund, 2014

Copies

Description 1 online resource (31 pages)
Series IMF country reports ; number 14/335
IMF country reports ; no. 14/335
Contents Cover; CONTENTS; GLOSSARY; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; R; S; U; V; BASEL CORE PRINCIPLES FOR EFFECTIVE BANKING SUPERVISION; A. Summary; B. Introduction; C. Information and Methodology Used for Assessment; D. Key Findings; E. Recommendations; F. Authorities' Response; INSURANCE CORE PRINCIPLES; A. Summary; B. Introduction and Scope; C. Market and Institutional Setting; D. Key Findings; E. Recommendations; F. Authorities' Response; TABLES; 1. Summary of Compliance with BCPs; 2. Recommendations to Improve Observance of the BCPs; 3. Summary of Compliance with the ICPs
Summary This paper discusses findings of the Report on Observance of Standards and codes for Denmark. Denmark has a high level of compliance with the Basel Core Principles for Effective Banking Supervision. The Danish Financial Supervisory Authority (DFSA) has the appropriate legal authority to carry out supervision effectively, and its risk based approach has focused well on the key elements of risk within its banking system. Its powers and supervisory approach have evolved significantly since the recent global crisis, and the DFSA emerged as a proactive supervisor. Its overall supervisory approach is sound, and the compliance with the credit-risk and capital adequacy related principles is uniformly high
Notes Online resource; title from PDF title page (ebrary, viewed February 11, 2015)
Subject Banks and banking -- Denmark
Banking law -- Denmark
Banking law
Banks and banking
Economic policy
SUBJECT Denmark -- Economic policy
Subject Denmark
Form Electronic book
ISBN 9781498393164
1498393160
1484300327
9781484300329