IMF Staff Country Reports

Sweden : Financial Sector Assessment Program-Technical Note-Supervision and Oversight of Financial Market Infrastructures

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

October 5, 2017

Electronic Access:

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Summary:

Financial market infrastructures (FMI) in Sweden are well developed, and subject to minimum regulatory requirements established in relevant international standards, the CPMI-IOSCO Principles for Financial Market Infrastructures (PFMI). Domestic critical FMIs include two payment systems (RIX, the Swedish RTGS payments system, and Bankgirot, a retail payments system); one CCP (Nasdaq Clearing); and one CSD and SSS (Euroclear Sweden). Several overseas-based FMIs are also important to financial stability in Sweden, including two CCPs (EuroCCP and LCH.Clearnet Ltd), CLS, a settlement system for foreign exchange transactions, and SWIFT, which provides network and message standards for financial transactions.

Series:

Country Report No. 17/310

Subject:

Bank supervision Capital markets Financial instruments Financial Sector Assessment Program Infrastructure Risk management Securities markets Sweden