Finansinspektionen presents here a new Pillar 2 method for assessing an additional own funds requirement for pension risk in credit institutions.
FI has developed a new method to assess an additional Pillar 2 own funds requirement for pension risk in credit institutions. This method replaces the current method, which is described in the memorandum "Pelare 2-metod för bedömning av kapitalbaspåslag för pensionsrisk" (FI Ref. 20-30073), which is available in Swedish.
The method to assess an additional own funds requirement is based on Finansinspektionen's regulations and general guidelines (FFFS 2019:21) regarding occupational pension undertakings, with the adjustments needed to apply the regulations in credit institutions and for FI's supervision of credit institutions.
FI will use method to assess additional Pillar 2 own funds requirements for pension risk in the 2022 supervisory review and evaluation process (SREP).