Sweden : Financial Sector Assessment Program-Technical Note-Crisis Readiness, Management, and Resolution
Author/Editor:
International Monetary Fund. Monetary and Capital Markets Department
Publication Date:
October 5, 2017
Electronic Access:
Free Full Text (PDF file size is 574 KB).Use the free Adobe Acrobat Reader to view this PDF file
Summary:
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.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
