News

Here you can find news from FI.

2016

FI’s capital assessment method for securitisation within Pillar 2

In this memorandum, FI describes its view of securitisation and the risks (primarily flowback) that FI sees and that are not taken into consideration in the banks’ current capital requirements.

Decision regarding reciprocation of macroprudential measures in two EU countries

2016-12-27 | ESRB News Stability

FI has published decisions regarding reciprocation of macroprudential measures in Estonia and Belgium.

Calibration of stress test for the capital planning buffer

Finansinspektionen’s stress test method to determine the capital planning buffers for the major banks, credit market companies and securities companies is divided into general overarching methodologies and a specific calibration of risk parameters. The specific calibration of risk parameters can be changed by FI on a year-by-year basis.

Decision regarding the countercyclical buffer rate

Finansinspektionen (FI) shall, in accordance with the Capital Buffers Act (2014:966), set a countercyclical buffer guide and a countercyclical buffer rate for each quarter.

Capital requirements of Swedish banks as of the third quarter 2016

Finansinspektionen publishes the capital requirements of the ten largest Swedish banks and credit institutions as of the end of the third quarter 2016.

Decision regarding the countercyclical buffer rate

Finansinspektionen (FI) shall, in accordance with the Capital Buffers Act (2014:966), set a countercyclical buffer guide and a countercyclical buffer rate for each quarter.

Capital requirements of Swedish banks as of the second quarter 2016

Finansinspektionen publishes the capital requirements of the ten largest Swedish banks and credit institutions as of the end of the second quarter 2016.

FI decides on stress test methodology for determining the capital planning buffer

FI has now decided on the stress test methodology that will be used for determining the capital planning buffer for the largest Swedish bank companies. The methodology, which is described in more detail it in a new memorandum, is based on the proposal that FI published on the 9 May.

Swedish banks show resilience in European stress test

2016-07-29 | EBA News Bank

The major Swedish banks have resilience against a sharp deterioration of the economic environment. This is the result of an EU-wide stress test performed by the European Banking Authority (EBA).

FI aims for unchanged countercyclical buffer rate in September

The next occasion on which Finansinspektionen (FI) will decide on the countercyclical buffer rate is in September. FI’s Board of Directors has decided that the preparatory work ahead of the next decision shall focus on maintaining the rate at its current level, which is currently 2 per cent.

FI reiterates its statement from the June 22 on Nordea

FI hereby clarifies that its public statement made on June 22, regarding the internal analysis which was unintendedly published in the media last week, is still valid:

FI monitors developments as they unfold

Finansinspektionen is monitoring the developments following the EU referendum in the UK. We are continuing to maintain a dialogue with the Ministry of Finance, the Riksbank and the Swedish National Debt Office and keep close contact with the Swedish banks. FI always has contingency plans in place to take measures that will contribute to financial stability.

Comments regarding the referendum in UK

2016-06-24 | News Stability

Finansinspektionen is following the development on the financial markets and is maintaining an ongoing dialogue with the Ministry of Finance, the Riksbank and the National Debt Office. We have contingency plans in place and are working closely with the Swedish banks.

FI agrees with EBA Opinion on accounts and bank services for asylum seekers

2016-06-23 | EBA News Consumer

The European Banking Authority (EBA) published its Opinion of the European Banking Authority on the application of customer due diligence measures to customers who are asylum seekers from higher-risk third countries or territories. Finansinspektionen provides its response to the opinion below.

Decision regarding the countercyclical buffer rate

Finansinspektionen (FI) shall, in accordance with the Capital Buffers Act (2014:966), set a countercyclical buffer guide and a countercyclical buffer rate for each quarter.

Capital requirements of Swedish banks as of the first quarter 2016

Note: Capital requirements of the Swedish banks, first quarter 1 2016 has been revised. The outcome of the 2015 SREP for Skandiabanken is now accounted for in this memorandum. No other changes have been done."

Stress test methodology for assessment of the capital planning buffer

In this memorandum, FI accounts for the stress test methodology that it intends to use to assess the size of the capital planning buffer for the largest firms.

New rules for insider reporting and insider lists

New rules for insiders will be issued on 3 July 2016. On the 3rd of July 2016 the Regulation (EU) No. 596/2014 of the European Parliament and of the Council on market abuse (MAR) will enter into force and become directly applicable in Swedish law.

IMF evaluates stability and functionality of the financial market in Sweden

2016-04-11 | News Stability

The International Monetary Fund (IMF) will visit Sweden at the invitation of the Ministry of Finance and Sveriges Riksbank both in mid-April and in August to make a special assessment of the financial sector and the public authorities' work on financial stability, what is known as an FSAP (Financial Sector Assessment Program).

FI aims for unchanged countercyclical buffer rate in June

The next occasion on which Finansinspektionen (FI) will decide on the countercyclical buffer rate is in June. FI's Board of Directors decided on 18 April 2016 that the preparatory work ahead of the next decision shall focus on maintaining the rate at its current level, two per cent.

Notification of home Member State under the Transparency Directive

2016-04-07 | ESMA News Markets

As of February of this year, new rules apply for how notification is made about a home Member State. This text provides a brief description of what the new rules entail.

Nordea applies for permission to merge its Nordic subsidiary banks

2016-03-21 | News Bank

Nordea Bank AB (Nordea) has filed an application with Finansinspektionen to merge its wholly owned subsidiaries of Nordea Bank Norge ASA, Nordea Bank Finland Plc and Nordea Bank Denmark A / S with Nordea.

Erik Thedéen named Vice-Chair of IOSCO's European Regional Committee

2016-03-16 | News About FI Markets

FI Director General Erik Thedéen has been named Vice-Chair of the International Organization of Securities Commissions' (IOSCO) European Regional Committee for the period 2016-2018.

Financing of terrorism

2016-03-15 | News Money laundering

The national risk assessment regarding the financing of terrorism that was published in June 2014 identified a need to become more informed about and aware of terrorism financing. With the aim of becoming more informed, FI commissioned a report from the Center for Asymmetric Threat Studies (CATS) on the threat from terrorism financing and the experiences of measures taken in other countries.

New telephone number for FI

2016-03-10 | News About FI

All telephone numbers to Finansinspektionen have been changed.

Pillar 2 capital requirements for maturity assumptions

FI intends to introduce a maturity floor of 2.5 years under Pillar 2 for banks authorised to use the advanced IRB approach for exposures to corporates.

FI's supervision of banks' calculations of risk weights for exposures to corporates

FI is implementing a new assessment method to evaluate the banks' calculations of risk weights both in general and for exposures to corporates.

Capital requirements of Swedish banks as of the fourth quarter 2015

Finansinspektionen publishes the capital requirements of the ten largest Swedish banks and credit institutions as of the end of the fourth quarter 2015.