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

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

December 9, 2014

Electronic Access:

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Summary:

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.

Series:

Country Report No. 14/335

Subject:

English

Publication Date:

December 9, 2014

ISBN/ISSN:

9781498376266/1934-7685

Stock No:

1DNKEA2014003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

30

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