Swedish authorities improve macroprudential policy co-operation

sveriges-riksbank

The Riksbank and the Swedish financial supervisory authority, Finansinspektionen, have announced they are creating a council for co-operation on macroprudential policy, to "mitigate risks to the financial system".

Both authorities have the task of promoting a stable financial system in Sweden. Part of the ambit entails mitigating risks to the system as a whole – the authorities hope to improve on this preventative work by establishing the new council.

"The idea is that this council will be a

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