News & Published Material

Here you can find everything that has been published in different news lists on www.fi.se.

2023

FI Analysis No. 43: d-SRI: A systemic risk indicator for Sweden

2023-12-14 | Reports Stability

In this FI-analysis we adapt the systemic risk indicator d-SRI to Swedish conditions. d-SRI is intended to give an early warning signal before crises caused by domestic imbalances arise. d-SRI indicates build-up of risks during the years leading up to the crisis in the 1990s, the 2000 dot-com crash, and the 2008 financial crisis. In present time when we see reduced credit growth and lower asset prices, d-SRI is showing that financial conditions are tight.

FI extends the risk weight floor for Swedish mortgage exposures

2023-12-14 | Mortgage EBA News

FI has decided to extend the risk weight floor by two years, from 31 December 2023 to 30 December 2025.

FI leaves the countercyclical buffer rate unchanged

In accordance with its assessment in the most recent stability report, FI is leaving the countercyclical buffer rate unchanged in the fourth quarter. The buffer rate of 2 per cent, which was applied starting on 22 June 2023, shall thus continue to apply. The countercyclical buffer guide is calculated at 0 per cent.

Aros receives warning and administrative fine

Finansinspektionen has decided that Aros Kapital will receive a warning and an administrative fine of SEK 45 million.

Banking package close to completion

On 6 December, the EU Member States approved a banking package that implements the last parts of the Basel III agreement in the EU. The European Parliament is also expected to approve the agreed rules in the near future.

FI Analysis No. 41: Commercial real estate firms may need to reduce their debt

In this analysis, we estimate how much Swedish listed and larger privately owned commercial real estate firms need to reduce their debt in a climate of rising financing costs and falling property values. We calculate the firms need to reduce their debt to maintain certain levels of interest coverage ratio and loan-to-value.

Stability in the Financial System (2023:2): Adjustments to higher interest rates remain to be made

The higher interest rate means that households and companies need to make adjustments to their finances. Finansinspektionen (FI) is now seeing a decline in risk-taking. However, the change in the state of the economy and uncertainty regarding how long the higher interest rates will remain pose a risk to financial stability. Commercial real estate undertakings with high debt are particularly at risk should the interest rates remain high. These are the conclusions of the second Stability Report of the year.

Capital requirements of Swedish banks as of Q3 2023

Finansinspektionen publishes the capital requirements of the largest Swedish banks and credit institutions that belong to supervisory categories 1 and 2 as of the end of Q3 2023.

Monitor what your funds are costing you

2023-11-15 | Funds News Consumer

Today, almost all households invest in funds, either directly through private savings or indirectly through our pensions. However, close to one third of fund savers are unaware of how high the fund fee is and many risk paying too much for their savings. We are, therefore, now publishing the most common fees for some popular fund categories to help consumers monitor what certain funds cost.

Comparative figures for fund fees

2023-11-15

All adult Swedes save in funds – either through pensions or their own savings. When saving in funds, it is important to be aware of their fees. If a fee is high, it is much more difficult for a fund to produce a higher return. Here, you will find information on what you should think about when selecting funds or when looking over your current savings.

European Commission approves extension of the risk weight floor for Swedish mortgages

The European Commission has announced that it does not intend to object to FI's intention to extend the current risk weight floor for Swedish mortgages. This means that FI may implement the measure.

Protect consumers’ access to payment accounts

Banks restrict consumers’ access to payment accounts more than is necessary to manage money laundering risks. We want to see stricter requirements on banks to make assessments of consumers on an individual basis. Banks should also consider whether they can offer a more limited range of services instead of closing a customer’s account.

Fraudsters use Bitcoin as bait

2023-10-25 | Cryptoassets Frauds News

It has become increasingly common for fraudsters to contact consumers by email saying there are cryptocurrencies registered at the person's email address. Consumers are told that these assets can be released for a fee. This is the conclusion of Finansinspektionen’s review of investment fraud cases during the third quarter of the year.

Listing of legal positions

2023-10-24

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Legal positions

2023-10-24

Here you will find all legal positions published by FI.

FI Supervision 27: Non-life insurance undertakings’ product approval processes

2023-09-21 | Reports News Consumer

The process for product approval is central from a consumer protection perspective. It aims to ensure that insurance undertakings focus on consumer interests when they develop and maintain insurance products. In an in-depth analysis that Finansinspektionen has conducted, we have seen a number of good examples of how undertakings work with and apply this process.

TRS 2 system closed on 27 September

2023-09-14 | News Reporting Markets

TRS 2 system closed on Wednesday, 27 September.

FI notifies the EU regarding extension of the existing risk weight floor for Swedish mortgages

FI notifies the EU regarding extension of the existing risk weight floor for Swedish mortgages

FI leaves the countercyclical buffer rate unchanged

In accordance with its assessment in the most recent stability report, FI is leaving the countercyclical buffer rate unchanged. The buffer rate of 2 per cent, which was applied starting on 22 June 2023, shall thus continue to apply. The countercyclical buffer guide is calculated at 0 per cent.

New risk weight floors for bank loans to commercial properties

Finansinspektionen has decided to introduce risk weight floors for exposures towards the commercial real estate sector according to article 458 in CRR. At the same time the current risk weight floor under Pillar 2 will be removed. The new floors will enter into force on 30 September 2023.

Planned maintenance of the TRS 2-systems test environment

2023-08-29 | News Reporting Markets

The TRS 2 system's test environment will be closed for maintenance on Wednesday, 6 September.

Capital requirements of Swedish banks as of Q2 2023

Finansinspektionen publishes the capital requirements of the largest Swedish banks and credit institutions that belong to supervisory categories 1 and 2 as of the end of Q2 2023.

Warnings for investment fraud continue to increase

2023-08-16 | Cryptoassets Frauds News

Last year, Finansinspektionen (FI) published a record number of warnings of firms suspected of investment fraud. The trend continues. During the first half of 2023, the number of warnings increased by nine per cent compared to the same period last year.

Henrik Braconier new executive director of Banking

2023-08-15 | News About FI

Henrik Braconier is the new executive director of Banking. For the past nine years, Henrik has served as Finansinspektionen’s chief economist.

Large Swedish banks show resilience in EU stress test

2023-07-31 | EBA News Stability

The five largest Swedish banks are resilient and have the ability to withstand a sharp deterioration in market conditions, based on the stress test conducted by the European Banking Authority (EBA).

Consumer Protection Report 2023

The risks given the highest priority in FI’s consumer protection work for 2023 are unaffordable lending, unsuitable investment products and investment fraud.

European Commission approves introduction of risk weight floors for bank loans to commercial real estate

The European Commission has announced that it does not intend to object to FI's intention to introduce risk weight floors for bank loans to commercial real estate. This means that FI may implement the measure.

Daniel Barr new member of EIOPA’s Board of Supervisors

2023-07-07 | EIOPA News About FI

Finansinspektionen’s (FI) Director General Daniel Barr joined the Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) in July 2023.

Deputy director general Susanna Grufman leaving Finansinspektionen (FI)

2023-07-04 | News About FI

Susanna Grufman, deputy director general and executive director of Markets, is leaving FI for the Riksbank.

Insurance against fines and administrative sanction fees

2023-06-29

In this document, FI states its position on whether the provision of insurance against fines and administrative sanction fees is consistent with good insurance standards.