Sweden: Financial Sector Assessment Program: Detailed Assessment of Observance of Standards and Codes

International Monetary Fund

No 2010/131, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses key findings of the Detailed Assessment of Observance of Standards and Codes in Sweden. The assessment reveals that the laws and regulations on banking activities and their supervision are in place in Sweden. The composition of the Board of the Swedish Financial Supervisory Authority (FI) is not regulated in law or other ordinances. The position of the FI in relation to other public agencies in possible crisis situations is not defined in law. The FI has also made a motion to the government for a large increase in the number of specialists in its employ.

Keywords: ISCR; CR; mutual fund; holding company; capital base; clearing member; investment firm; risk management; Insurance; Insurance companies; Securities; Credit; Mutual funds; Global; Europe; Baltics (search for similar items in EconPapers)
Pages: 138
Date: 2010-05-17
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