Denmark : Financial Sector Assessment Program-Detailed Assessment of the Core Principles for Systemically Important Payment Systems

1DNKEA2007005 Image
Price:  $18.00

Release Date: © March, 2007
ISBN : 978-1-45181-117-9
Stock #: 1DNKEA2007005
English
Stock Status: On back-order

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Description

This paper discusses key findings of the Detailed Assessment of the Core Principles for Systemically Important Payment Systems for Denmark. The main counterparties for the assessment were Danmarks Nationalbank and the Danish Financial Supervisory Authority Finanstilsynet. The assessment recommends that the system should have a well-founded legal basis under all relevant jurisdictions. The system’s rules and procedures should enable participants to have a clear understanding of the system’s impact on each of the financial risks they incur through participation in it.

Taxonomy

Banks and banking , Central banks , Financial institutions and markets




More publications in this series: IMF Staff Country Reports