IMF Staff Country Reports

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

October 5, 2017

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Sweden: Financial Sector Assessment Program-Technical Note-Supervision and Oversight of Financial Market Infrastructures, (USA: International Monetary Fund, 2017) accessed September 19, 2024

Summary

This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Sweden in the areas of supervision and oversight of financial market infrastructures (FMIs). FMIs in Sweden are subject to appropriate and effective supervision and oversight by the Finansinspektionen (Financial Supervisory Authority, FI) and Sveriges Riksbank (Riksbank). The scope, basis, and objectives of each authority’s supervision and oversight are clearly defined and disclosed. There is evidence that the authorities’ supervision and oversight have effectively improved risk management practices at Swedish FMIs. There is also effective cooperation between the FI and Riksbank in the supervision and oversight of FMIs. The risk management at Nasdaq Clearing appears to be sound.

Subject: Asset and liability management, Central counterparty clearing house, Financial markets, Financial regulation and supervision, Financial sector policy and analysis, Liquidity, PFM information systems, Principles for Financial Market Infrastructures, Public financial management (PFM), Stress testing

Keywords: Baltics, Capital Nasdaq Clearing, Central bank, Central counterparty clearing house, Clearing capital, Clearing operation, Conduct self-assessments, CR, Default liquidity requirement, FI Infrastructure supervision division, FI state, Financial market, Fixed income, Global, Investment counterparty, ISCR, Liquidity, Liquidity risk framework, Nasdaq Clearing's liquidity risk framework, Oversight responsibility, Parent company, PFM information systems, Principles for Financial Market Infrastructures, Risk management framework, Risk profile, Risk tolerance, Risk-self assessment, Stress testing

Publication Details

  • Pages:

    47

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2017/310

  • Stock No:

    1SWEEA2017006

  • ISBN:

    9781484322482

  • ISSN:

    1934-7685