SYSTEMIC CYBER RISK AND RESILIENCE Apart from traditional macroprudential policy, the Council has also had an important part to play in putting the debate on systemic cyber risk and resilience in the financial sector at the top of the agenda in Denmark.
Loan classification is merely good accounting – it reflects what the true value of the loan might be. It is accompanied by provisioning, which ensures the bank sets aside a buffer to absorb likely losses. If the losses do not materialize, the bank can write back provisioning to profits.