01832cas a2200241 a 4500 AALejournalIMF014878 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498396646 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Denmark : Crisis Management, Bank Resolution, and Financial Sector Safety Nets: Technical Note. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (43 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 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/351 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/351/002.2014.issue-351-en.xml IMF e-Library