European Parliament Library

Denmark :, Financial Sector Assessment Program: Detailed Assessment of Observance of the Insurance Core Principles

Abstract
This paper discusses key findings of the Detailed Assessment of the Observance of the Insurance Core Principles for Denmark. Key recommendations arising from the assessment cover two main issues. First is the fact that the Danish Financial Supervisory Authority Finanstilsynet bases its system to assess the appropriateness of key functions on the assumption that it is the core responsibility of the senior management to ensure adequate personnel to be assigned to relevant tasks in the supervised companies. The second issue relates to a requirement that internal audit functions should be made compulsory for smaller companies
Table Of Contents
Cover; Contents; Glossary; I. International Association of Insurance Supervisors Core Principles; A. Introduction; B. Information and Methodology Used for Assessment; C. Market Analysis-The Danish Pension and Insurance Market; Tables; 1. Total Pension Assets Split on Types of Entities, End-2004; 2. Number of Life Insurance Companies and Pension Funds (legal entities), 2000-04; 3. Market Concentration Measured by Gross Premium of Life Insurance Companies and General Pension Funds; 4. Market Concentration Measured by Gross Premiums of Life Insurance Companies and General Pension Funds
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (48 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452755649

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