Since 2003, the Reserve Bank has been also organising workshops on the evaluation of fiscal risks of guarantees for the benefit of State Government officials. The Report of the Fiscal Responsibility Legislation at the State Level (2005) recommended fixing a limit on annual incremental risk-weighted guarantees in relation to their GSDP/total revenue receipts.
The  2  BIS Review 80/2005  IMF has just concluded a two-week visit to Denmark. I would like to thank the members of the Danish Bankers Association and a large number of the other players in the financial system for their efforts in connection with this visit.