01888cas a2200241 a 4500 AALejournalIMF014841 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498353120 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Denmark : Financial System Stability Assessment. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (50 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The paper discusses findings of the Financial System Stability Assessment for Denmark. The Danish authorities have taken important steps to improve financial system resilience. Financial regulation and supervision have been strengthened. A new bank resolution framework that includes bail-in of creditors has been adopted and deployed to resolve small- and medium-sized banks. An institutional framework for macroprudential policy has also been adopted. Recent legislation requires maturity extension of covered bonds in stress situations, with the aim of reducing refinancing risk in the mortgage finance system. Although stress tests suggest that financial stability risks are contained, the financial system's large size and interconnectedness call for additional measures to further strengthen resilience. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/336 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/336/002.2014.issue-336-en.xml IMF e-Library