Sweden’s Öberg calls for Riksbank to merge with regulator

svante-oberg

Svante Öberg, the first deputy governor of the Riksbank, on Tuesday urged politicians to undertake a massive overhaul of Sweden's regulatory framework and merge operations at Sweden's central bank and supervisory authority.

At the Swedish Bankers' Association in Stockholm, Sweden, Öberg outlined three reforms in Sweden that he said would help prevent and manage financial crises in the future, including merging operations between the Riksbank and Finansinspektionen. "A merger of the Riksbank and

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