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

December 18, 2014

Preview Citation

Format: Chicago

Denmark: Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision, (USA: International Monetary Fund, 2014) accessed June 25, 2025

Summary

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.

Subject: Banking, Credit, Credit risk, Financial regulation and supervision, Financial sector policy and analysis, Market risk, Money, Operational risk, Stress testing

Keywords: Board of directors, CR, Credit, Credit risk, Credit risk, Global, Holding company, ISCR, Market risk, Onsite inspection, Operational risk, Risk management, Risk profile, Stress testing

Publication Details

Pages:

229
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/352
Stock No:

1DNKEA2014010
ISBN:

9781498308717
ISSN:

1934-7685

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