Sweden: Financial Sector Assessment Program-Technical Note- Banking Regulation and Supervision
IMF Staff Country Reports, October 5, 2017
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- Sweden: Financial Sector Assessment Program-Technical Note- Banking Regulation and Supervision
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Bibliographic details
- Published: October 5, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484322369.002
Key findings
- The Technical Note evaluates banking regulation and supervision in Sweden.
- The Finansinspektionen (Financial Supervisory Authority, FI) has made considerable progress developing supervisory approaches and techniques, particularly structured risk assessments for the four large banking groups.
- Concerns raised in the 2011 Financial Stability Assessment Program regarding insufficient granularity and frequency of reporting by supervised institutions have been addressed, starting in the third quarter of 2014.
- IMF staff expressed satisfaction with the new system’s functionality and flexibility to produce custom reports.
Implementation and systems
- FI implemented a new system for management of banking and insurance supervisory data.
- The system was assessed by IMF staff as functional and flexible for custom-report production.
Ongoing work and gaps
- Work to put in place a standardized set of internal screening and analytical reports is ongoing.
Sweden: Financial Sector Assessment Program-Technical Note- Banking Regulation and Supervision, October 5, 2017 (IMF Staff Country Reports).
Content in this bundle
- Country Report