Basel III insufficient for ‘huge’ Swedish banking system, says Ingves

Photo by David Lundberg

Stefan Ingves, governor of the Sveriges Riksbank, today said financial regulation in Sweden will have to go "over and above" the capital and liquidity standards prescribed in the Basel III accord.

The Swedish banking system is "huge", Ingves reasoned, as the total assets of the four largest banks – Handelsbanken, Nordea, SEB and Swedbank – amount to 400% of the country's GDP, and is also highly integrated.

"There are therefore good reasons for establishing a safe margin – a respectable distance

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: