A stable, well-functioning financial market for allA stable, well-functioning financial market for allResult
2025
Legal Position: Rule interpretation for deposits via digital platforms
An increasing number of banks and other credit institutions are offering savings via digital deposit platforms. This makes them more vulnerable since the deposits volume could decrease rapidly. FI notes in a report that some of the institutions do not sufficiently consider these risks, in part when calculating the liquidity buffer required for such deposits. A legal position specifies how we will interpret the rules.
Household savings in Sweden
Swedes hold a large amount of financial assets, but the distribution of these assets is very uneven. Most Swedes hold a small amount of financial assets, while 5 per cent of the population holds approximately half of all assets. Few have direct savings in shares or funds. Those with large loans can be vulnerable to weakened economic conditions and therefore in general have a greater need for a financial buffer. FI’s data indicates that many mortgagors hold a small amount of assets, at least with the same bank where they have their mortgage.
FI Analysis No. 48: Share of consumer credit debt registered with Swedish Enforcement Authority increases during economic downturns
In 2020, almost 130,000 individuals had a debt registered with the Swedish Enforcement Authority that was related to consumer credit. Since the end of 2020, the general price level has increased (inflation) by almost 20 per cent. The Riksbank raised the policy rate during the same period, making it significantly more expensive to borrow money. In 2023, just over 160,000 individuals with consumer credit had new debts registered with the Swedish Enforcement Authority, which represents an increase of 23 per cent since 2020. The new debts, measured in SEK, that were related to consumer credit were 51 per cent higher than they were in 2020.
2024
FI Analysis No. 47: The 2023 Banking Turmoil – Could What Happened in the US and Switzerland Also Happen in Sweden?
During the spring of 2023, one Swiss bank and several US banks failed. Multiple actors in both the US and internationally have analysed the underlying causes. We summarise the findings of these reports as follows: there was a lack of internal governance and control, there were deficiencies in the supervision, and several of the banks were not fully subject to the Basel regulations.
FI Supervision 30: The banks can strengthen their sanction screening
FI has tested the effectiveness of 19 banks' automated sanction screening systems. The result shows that the effectiveness of the systems that the banks use could be higher and that there is room for some banks to improve their work in this area.
AI increasingly common in the financial sector, but risk management is lagging behind
The new generative AI technology has spread rapidly and extensively throughout the Swedish financial sector. At the same time, the work to manage the risks accompanying the new technology is lagging behind. These are FI’s findings following a survey of firms’ use of AI.
Stability in the Financial System (2024:2): Improved outlook, but risk of set-backs
The outlook for financial stability has improved somewhat in the past six months. Sweden continues to experience a mild economic downturn, but interest rate cuts are contributing to improved optimism about the future. At the same time, the uncertain global economic and geopolitical situation is leading to heightened risks, in part in the form of cyber attacks. These are the conclusions of FI’s second stability report for the year.
FI proposes enhanced preventive work in efforts to prevent investment fraud
An increasing number of consumers are falling victim to investment fraud. In a report to the Government, FI proposes, among other things, enhanced work to prevent investment fraud.
Two expert reports on macroprudential policy measures
Amortisation requirements, the LTI ratio, and the LTV cap are macroprudential policy tools that are used in Sweden and many other countries. But what are the potential effects of these borrower-based measures? To answer to this question, Finansinspektionen commissioned two expert reports on the topic.
FI identifies transition risks in banks’ lending portfolios
There are climate-related transition risks in Swedish banks’ lending portfolios. This is the conclusion of an analysis Finansinspektionen (FI) conducted by linking lending to individual firms to emissions data from firms that are included in the EU Emissions Trading System.
