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

Cover -- CONTENTS -- GLOSSARY -- SUMMARY, KEY FINDINGS AND RECOMMENDATIONS -- A. Executive Summary -- B. Information on the Methodology Used for Assessment -- C. Overview of Institutional Setting and Market Structure -- D. Preconditions for Effective Banking Supervision -- E. Main Findings -- SUMMARY COMPLIANCE WITH THE BASEL CORE PRINCIPLES- DETAILED ASSESSMENTS -- RECOMMENDED ACTION -- AUTHORITIES RESPONSE TO THE ASSESSMENT -- DETAILED ASSESSMENT -- DETAILED ASSESSMENT OF COMPLIANCE WITH BASEL CORE PRINCIPLES -- A. Supervisory Powers, Responsibilities and Functions -- B. Prudential Regulations and Requirements -- TABLE -- 1. Recommended Action Plan to Improve Compliance with the Basel Core Principles.

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.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.