Denmark: Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision
IMF Staff Country Reports, December 18, 2014
Source details
- Canonical URL
- Denmark: Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision
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Bibliographic details
- Published: December 18, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498308717.002
Key findings
- Denmark has a high level of compliance with the Basel Core Principles for Effective Banking Supervision (BCPs).
- The Danish Financial Supervisory Authority has appropriate legal authority to carry out supervision effectively.
- The Authority’s risk-based approach has focused well on the key elements of risk within Denmark’s banking system.
- Compliance with the credit-risk related principles is uniformly high.
- Provisioning policies have been adequately enhanced.
- Overall supervision is considered sound.
- Resource constraints result in an extended supervision cycle and some risk areas receiving insufficient attention.
Subject areas and keywords
- 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