Kerstin af Jochnick
ECB supervision and the state of the eurozone’s banks
ECB banking supervision has passed the first stage of the Covid-19 test, but many challenges remain
Five-year extension for Riksbank governor Ingves
Swedish governor receives additional term as opposition allegedly blocks appointment of Karolina Ekholm; first deputy also receives renewed term
Riksbank’s deputy argues for changes to monetary policy regime
Mulled changes would remove distortions, analysts say
Basel capital floors are necessary – Riksbank’s af Jochnick
Internal models have led to doubts over true capital adequacy, Riksbank deputy says, so floors have an important role to play
Riksbank’s af Jochnick defends monetary policy stance
Interest rates cannot at present respond to growing risks in the housing market, Riksbank first deputy says, but they are helping to drive rising inflation and economic recovery in Sweden
Riksbank paper warns forecasts often overestimate inflation
Forecasting error has grown in recent years and tends to overstate inflation, paper says, even as first deputy governor says expansionary policy has contributed to rising inflation
Riksbank profits safeguard independence, first deputy says
Kerstin af Jochnick says low interest rates will hurt profits in coming five years but adds central bank has buffers to guarantee its ability to perform vital tasks
People: Swedish first deputy joins Danish FSA board; Bank of Russia names national payments head
Kerstin af Jochnick is handed a two-year term on the Danish FSA board; Bank of Russia appoints Alla Bakina to lead national payments department; Iosco chair re-appointed
Riksbank's first deputy calls for macro-prudential measures that directly limit household debt
Kerstin af Jochnick suggests amortisation requirements and ‘review of tax deductions for interest paid' in Stockholm speech
Minutes reveal Riksbank reluctant to give up say on macro-prudential matters
Deputies say democratic accountability is more about who has the right to make decisions than achieving policy objectives; see ‘clear link' between macro-prudential policy and monetary policy
Riksbank deputy: Slowing Swedish growth to be buoyed by eurozone recovery
Kerstin af Jochnick says Riksbank will conduct flexible monetary policy accounting for growth in household debt until macro-prudential policy has been established
Swedish deputy insists on stronger macro-prudential framework
Kerstin af Jochnick wants clearer macro-prudential mandate and decision-making structure; says recent committee proposals are not the answer
New deputy governor notes increasing Swedish economic dependency
Kerstin af Jochnick describes points of importance relating to monetary policy and financial stability; highlights growing dependency of Sweden on events abroad
CEBS publishes draft liquidity guidelines
Committee of European Banking Supervisors issues consultation paper on liquidity buffers for financial institutions
European regulation event in London: 29 January
With the credit squeeze and banking crises like Northern Rock placing an increasing scrutiny on regulators, this practical guide to the latest regulatory developments is timely.