Riksbank cautious on plans for new macro-prudential tools
Central bank welcomes some elements but questions others
Sveriges Riksbank has offered a guarded response to government plans to give financial regulators new macro-prudential tools.
The government has proposed that financial supervisory authority Finansinspektionen (FI) be given a mandate to propose macro-prudential measures to counteract imbalances in credit markets. However, the proposals also require FI to seek government approval before implementing any measures.
In its response to the government’s consultation, published on April 18, the
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