Denmark : financial sector assessment program ; detailed assessment of observance of the Basel core principles for effective banking supervision
[prep. by Monetary and Capital Markets Department]
This paper discusses key findings of the Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision (BCPs) on Denmark. Denmark has a high level of compliance with the BCPs. The Danish Financial Supervisory Authority has 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. The compliance with the credit-risk related principles is uniformly high and the provisioning policies have been adequately enhanced. Its overall supervision is also considered sound, although resource constraints result in an extended supervision cycle and some risk areas receiving insufficient attention
Year of publication: |
2014
|
---|---|
Institutions: | Internationaler Währungsfonds / Monetary and Capital Markets Department (contributor) |
Publisher: |
Washington, D.C : International Monetary Fund |
Subject: | Finanzsystem | Financial system | Stabilisierungspolitik | Stabilization policy | Dänemark | Denmark |
Saved in:
freely available
Extent: | Online-Ressource (229 p) |
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Series: | |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Graue Literatur ; Non-commercial literature |
Language: | English |
ISBN: | 1-4983-0871-6 ; 978-1-4983-0871-7 |
Other identifiers: | 10.5089/9781498308717.002 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012693872
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