Sweden: Financial Sector Assessment Program Update: Detailed Assessment of Observance on Basel Core Principles for Effective Banking Supervision

International Monetary Fund

No 2011/281, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses the current state of Swedish implementation of the Basel Core Principles for Effective Banking Supervision (BCP). The banking supervisory framework and its implementation in Sweden are in line with many of Basel Core Principles’ essential criteria. However, the assessors found evidence of impairment in Finansinspektionen (FI)’s operational independence. Assessors suggest that staffing levels at FI are an urgent concern to be remedied and also that a revised legal structure ensuring greater independence of FI be considered.

Keywords: ISCR; CR; senior management; risk assessment; capital base; FI regulation; managing director; risk management; credit risk; holding company; credit market; Credit; Market risk; Credit risk; Operational risk; Liquidity risk; Baltics; Global (search for similar items in EconPapers)
Pages: 106
Date: 2011-09-16
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=25236 (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:2011/281

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 ().