Denmark : Financial Sector Assessment Program-Detailed Assessment of the Core Principles for Systemically Important Payment Systems

Author/Editor:

International Monetary Fund

Publication Date:

March 23, 2007

Electronic Access:

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Summary:

This paper discusses key findings of the Detailed Assessment of the Core Principles for Systemically Important Payment Systems for Denmark. The main counterparties for the assessment were Danmarks Nationalbank and the Danish Financial Supervisory Authority Finanstilsynet. The assessment recommends that the system should have a well-founded legal basis under all relevant jurisdictions. The system’s rules and procedures should enable participants to have a clear understanding of the system’s impact on each of the financial risks they incur through participation in it.

Series:

Country Report No. 07/120

Subject:

English

Publication Date:

March 23, 2007

ISBN/ISSN:

9781451811179/1934-7685

Stock No:

1DNKEA2007005

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

63

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