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|c 5.00 USD
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|z 9781498396646
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|a 1934-7685
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
|b Monetary and Capital Markets Department.
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|a Denmark :
|b Crisis Management, Bank Resolution, and Financial Sector Safety Nets: Technical Note.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2014.
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|a 1 online resource (43 pages)
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|a IMF Staff Country Reports
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a 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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|a Mode of access: Internet
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|a IMF Staff Country Reports; Country Report ;
|v No. 2014/351
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/2014/351/002.2014.issue-351-en.xml
|z IMF e-Library
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