Sweden: Financial Sector Assessment Program–Technical Note on Basel Core Principles for Effective Banking Supervision

Author: International Monetary Fund. Monetary and Capital Markets Department

Volume/Issue: Volume 2023 Issue 139

Publication date: April 2023

ISBN: 9798400240003

$20.00

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Topics covered in this book

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Banks and Banking , Finance , Money and Monetary Policy , International - Economics , Sweden FSAP , financing business act , Risk mitigation program , due diligence , FI's regulation , securities commission , Tier 1 , Credit risk , Credit , Market risk , Operational risk , Stress testing , Baltics , Europe , Global

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Summary

Since the last financial Sector Assessment Program (FSAP) in 2016, the authorities have adopted a number of regulatory reforms to enhance the resilience of the Swedish financial system. The key changes to the legal framework for banks and banking supervision in Sweden have mainly been a direct result of legal initiatives at European Union (EU) level.