Ingves sees cross-border resolution lessons from Swedish crisis
The Swedish financial crisis of the early 1990s has pushed Nordic authorities to better prepare for the demanding process of cross-border resolution, Stefan Ingves said on February 2.
The crisis laid bare problems of co-ordination, legal complications due to confidentiality and the political difficulty of one country having to bail out another's banks, the Sveriges Riksbank governor told a conference organised by the International Monetary Fund and Basel Committee on Banking Supervision.
Since
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