Denmark: Crisis Management, Bank Resolution, and Financial Sector Safety Nets - Technical Note PDF
By:International Monetary Fund. Monetary and Capital Markets Department
Published on 2014-12-18 by International Monetary Fund
This paper discusses findings and recommendations made in the Financial Sector Assessment Program Update for Denmark in the areas of crisis management, bank resolution, and financial-sector safety nets. The Danish resolution scheme has allowed the authorities to deal with mounting distress while minimizing costs for taxpayers. The scheme has enabled the orderly winding-up of the affected banks by providing for a transfer of all assets, and part of the liabilities, to the Financial Stability Company or third-party acquirers. The authorities are encouraged to further strengthen the resolution framework in line with the Bank Recovery and Resolution Directive and emerging international good practices.
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Book ID of Denmark: Crisis Management, Bank Resolution, and Financial Sector Safety Nets - Technical Note's Books is WdDFBgAAQBAJ, Book which was written byInternational Monetary Fund. Monetary and Capital Markets Departmenthave ETAG "MYZBoz/FRZs"
Book which was published by International Monetary Fund since 2014-12-18 have ISBNs, ISBN 13 Code is 9781498392273 and ISBN 10 Code is 149839227X
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Book which have "43 Pages" is Printed at BOOK under CategoryBusiness and Economics
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