Sweden: Financial Sector Assessment Program Update: Technical Note on Reviewing the Systemic Liquidity Risk Management Framework
International Monetary Fund
No 2011/290, IMF Staff Country Reports from International Monetary Fund
Abstract:
The Swedish banking system faced a severe liquidity strain during the global financial crisis owing to their extensive reliance on global wholesale funding to support expansion in their credit operations. This note gives a detailed review on the recommendations made in the Financial Sector Assessment Program (FSAP) Update in the area of systemic liquidity risk management, especially in relatively weak areas and some aspects of Riksbank’s domestic liquidity toolkit. But it does not cover a range of issues on emergency liquidity assistance to individual institutions.
Keywords: ISCR; CR; securities; central bank; bank; right; risk; liquidity risk; foreign currency; support policy; market liquidity operation; liquidity support; liquidity regulation; risk management framework; Liquidity risk; International reserves; Liquidity management; Liquidity; Global (search for similar items in EconPapers)
Pages: 21
Date: 2011-09-16
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Citations: View citations in EconPapers (1)
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