1.

Record Nr.

UNINA9910788164003321

Titolo

Denmark : : Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2014

ISBN

1-4983-9536-8

1-4983-4954-4

Descrizione fisica

1 online resource (230 p.)

Collana

IMF Staff Country Reports

Disciplina

332.1

Soggetti

Banks and banking - State supervision - Denmark

Finance - Denmark

Banks and Banking

Finance: General

Money and Monetary Policy

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Financing Policy

Financial Risk and Risk Management

Capital and Ownership Structure

Value of Firms

Goodwill

Financial Institutions and Services: Government Policy and Regulation

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Banking

Financial services law & regulation

Finance

Monetary economics

Market risk

Operational risk

Credit risk

Stress testing

Financial regulation and supervision

Credit

Money

Financial sector policy and analysis



Banks and banking

Financial risk management

Denmark Economic policy

Denmark

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di contenuto

Cover; CONTENTS; GLOSSARY; SUMMARY, KEY FINDINGS AND RECOMMENDATIONS; A. Executive Summary; B. Information on the Methodology Used for Assessment; C. Overview of Institutional Setting and Market Structure; D. Preconditions for Effective Banking Supervision; E. Main Findings; SUMMARY COMPLIANCE WITH THE BASEL CORE PRINCIPLES-DETAILED ASSESSMENTS; RECOMMENDED ACTION; TABLE; 1. Recommended Action Plan to Improve Compliance with the Basel Core Principles; AUTHORITIES RESPONSE TO THE ASSESSMENT; DETAILED ASSESSMENT; DETAILED ASSESSMENT OF COMPLIANCE WITH BASEL CORE PRINCIPLES

A. Supervisory Powers, Responsibilities and Functions B. Prudential Regulations and Requirements

Sommario/riassunto

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.