Denmark : Report on Observance of Standards and Codes (ROSC).

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 su...

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Autor corporatiu: International Monetary Fund. Monetary and Capital Markets Department
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2014.
Col·lecció:IMF Staff Country Reports; Country Report ; No. 2014/335
Accés en línia:Full text available on IMF
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490 1 |a IMF Staff Country Reports 
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520 3 |a 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. 
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830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2014/335 
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