Riksbank urges government to amend profit allocation plans

General Council expresses reservations about parts of government proposals

Photo by David Lundberg
Sveriges Riksbank

Sveriges Riksbank has welcomed government proposals to amend the way its profits are distributed, but said certain elements should be amended.

In a consultation response published on May 8, the Riksbank praised the proposed legislation for its “clear and statutory regulations”, which it said would fulfil European Union requirements for maintaining the central bank’s financial independence.

The proposal would require the central bank to disburse profits to the government only when its capital

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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

.