Sweden: Selected Issues
International Monetary Fund
No 2016/354, IMF Staff Country Reports from International Monetary Fund
Abstract:
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.
Keywords: ISCR; CR; FX; liquidity; government; FX liquidity; bank; FI; FX reserve; instruction ordinance; support needs; government approval; FX shortage; maturing FX outflow; U.K. financial system; Financial sector stability; Macroprudential policy; Macroprudential policy instruments; Global; Australia and New Zealand (search for similar items in EconPapers)
Pages: 54
Date: 2016-11-17
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=44402 (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2016/354
Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm
Access Statistics for this paper
More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().