Sweden

Financial Sector Assessment Program-Technical Note-Crisis Readiness, Management, and Resolution

ince the 2011 FSAP, Sweden’s financial safety net and crisis management frameworks, including bank resolution and contingency planning, have improved. In response to the FSAP and the overhaul of pertinent European Union (EU) rules, Sweden has enacted a host of new legislation, introduced a resolution regime for credit institutions and certain investment firms, established a national resolution authority and a Financial Stability Council (FSC), held financial crisis simulation exercises, and revised its deposit insurance system (DIS) allowing it to fund resolution measures.
Publication date: October 2017
ISBN: 9781484322413
$18.00
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