European Parliament Library

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

Abstract
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
Table Of Contents
Cover; Contents; Glossary; I. Introduction; A. General; B. Scope of the Assessment; C. Information and Methodology Used for Assessment; D. Institutional and Market Structure-Overview; E. Payment Systems Infrastructure; II. Assessment of the Core Principles and Central Bank Responsibilities; Tables; 1. Detailed Assessment of Observance of KRONOS of the CPSS Core Principles for Systemically Important Payment Systems; 2. Summary Observance of KRONOS with the CPSS Core Principles; 3. Recommended Actions to Improve Observance of KRONOS with the CPSS Core Principles
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (64 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9786613743503

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