Sweden : Selected Issues

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

November 17, 2016

Electronic Access:

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Summary:

This Selected Issues paper discusses measures taken to enable timely macroprudential action in Sweden. The Swedish financial supervisory authority has adopted a number of macroprudential measures under its mandates for financial stability and consumer protection. The supervisory authority imposed a loan-to-value limit of 85 percent for new mortgage loans in 2010, with the soundness principle as the legal basis for this measure. Under its financial stability mandate, it also set a floor on risk weights for Swedish mortgages, which was raised from 15 percent to 25 percent in September 2014. Following an expansion of the regulatory toolkit, a range of capital buffers have also been established and subsequently expanded.

Series:

Country Report No. 16/354

Subject:

English

Publication Date:

November 17, 2016

ISBN/ISSN:

9781475553826/1934-7685

Stock No:

1SWEEA2016002

Format:

Paper

Pages:

54

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