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 |
|