News

Here you can find news from FI.

2024

Capital requirements of Swedish banks as of Q4 2023

Finansinspektionen publishes the capital requirements of the largest Swedish banks and credit institutions that belong to supervisory categories 1 and 2 as of the end of Q4 2023.

Marie Lindström new communications director

2024-02-15 | News About FI

FI has named Marie Lindström its new communications director.

Our supervision priorities for 2024

Are consumers being offered the right services on the financial market? How is the sector delivering crucial services in an uncertain global environment? How are financial corporations protecting themselves from being used for criminal purposes? These are some of the questions we will focus on in our supervision this year.

Jon Thor Sturluson new chief economist at FI

2024-02-02 | News About FI

FI has named Jon Thor Sturluson its new chief economist. He will take over the role no later than 1 May 2024 and join FI’s management team.

Moa Langemark is FI’s new consumer protection economist

2024-01-31 | News Consumer

A clear and independent voice is needed to help consumers on the financial market. Moa Langemark will now take on the role of consumer protection economist at Finansinspektionen. She will undertake overall responsibility for supporting and developing our consumer protection work. Together with Director General Daniel Barr, Moa will also be FI’s spokesperson in consumer protection-related matters.

TRS 2 system closed 10 January

2024-01-03 | News Reporting Markets

The TRS 2 system will be closed for maintenance on 10 January 2024.

2023

FI leaves the countercyclical buffer rate unchanged

In accordance with its assessment in the most recent stability report, FI is leaving the countercyclical buffer rate unchanged in the fourth quarter. The buffer rate of 2 per cent, which was applied starting on 22 June 2023, shall thus continue to apply. The countercyclical buffer guide is calculated at 0 per cent.

Banking package close to completion

On 6 December, the EU Member States approved a banking package that implements the last parts of the Basel III agreement in the EU. The European Parliament is also expected to approve the agreed rules in the near future.

Capital requirements of Swedish banks as of Q3 2023

Finansinspektionen publishes the capital requirements of the largest Swedish banks and credit institutions that belong to supervisory categories 1 and 2 as of the end of Q3 2023.

Monitor what your funds are costing you

2023-11-15 | Funds News Consumer

Today, almost all households invest in funds, either directly through private savings or indirectly through our pensions. However, close to one third of fund savers are unaware of how high the fund fee is and many risk paying too much for their savings. We are, therefore, now publishing the most common fees for some popular fund categories to help consumers monitor what certain funds cost.

European Commission approves extension of the risk weight floor for Swedish mortgages

The European Commission has announced that it does not intend to object to FI's intention to extend the current risk weight floor for Swedish mortgages. This means that FI may implement the measure.

Fraudsters use Bitcoin as bait

2023-10-25 | Frauds News Consumer

It has become increasingly common for fraudsters to contact consumers by email saying there are cryptocurrencies registered at the person's email address. Consumers are told that these assets can be released for a fee. This is the conclusion of Finansinspektionen’s review of investment fraud cases during the third quarter of the year.

TRS 2 system closed on 27 September

2023-09-14 | News Reporting Markets

TRS 2 system closed on Wednesday, 27 September.

FI leaves the countercyclical buffer rate unchanged

In accordance with its assessment in the most recent stability report, FI is leaving the countercyclical buffer rate unchanged. The buffer rate of 2 per cent, which was applied starting on 22 June 2023, shall thus continue to apply. The countercyclical buffer guide is calculated at 0 per cent.

New risk weight floors for bank loans to commercial properties

Finansinspektionen has decided to introduce risk weight floors for exposures towards the commercial real estate sector according to article 458 in CRR. At the same time the current risk weight floor under Pillar 2 will be removed. The new floors will enter into force on 30 September 2023.

Planned maintenance of the TRS 2-systems test environment

2023-08-29 | News Reporting Markets

The TRS 2 system's test environment will be closed for maintenance on Wednesday, 6 September.

Capital requirements of Swedish banks as of Q2 2023

Finansinspektionen publishes the capital requirements of the largest Swedish banks and credit institutions that belong to supervisory categories 1 and 2 as of the end of Q2 2023.

Warnings for investment fraud continue to increase

2023-08-16 | Frauds News Consumer

Last year, Finansinspektionen (FI) published a record number of warnings of firms suspected of investment fraud. The trend continues. During the first half of 2023, the number of warnings increased by nine per cent compared to the same period last year.

Henrik Braconier new executive director of Banking

2023-08-15 | News About FI

Henrik Braconier is the new executive director of Banking. For the past nine years, Henrik has served as Finansinspektionen’s chief economist.

Large Swedish banks show resilience in EU stress test

2023-07-31 | EBA News Stability

The five largest Swedish banks are resilient and have the ability to withstand a sharp deterioration in market conditions, based on the stress test conducted by the European Banking Authority (EBA).

European Commission approves introduction of risk weight floors for bank loans to commercial real estate

The European Commission has announced that it does not intend to object to FI's intention to introduce risk weight floors for bank loans to commercial real estate. This means that FI may implement the measure.

Daniel Barr new member of EIOPA’s Board of Supervisors

2023-07-07 | EIOPA News About FI

Finansinspektionen’s (FI) Director General Daniel Barr joined the Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) in July 2023.

Deputy director general Susanna Grufman leaving Finansinspektionen (FI)

2023-07-04 | News About FI

Susanna Grufman, deputy director general and executive director of Markets, is leaving FI for the Riksbank.

FI leaves the countercyclical buffer rate unchanged

FI leaves the countercyclical buffer rate unchanged. The buffer rate of 2 per cent, which will be applied as of 22 June 2023, shall thus continue to apply. The countercyclical buffer guide is calculated at 0 per cent.

Reciprocation of Norwegian systemic risk buffer

2023-06-05 | News Stability Bank

Finansinspektionen has reciprocated the Norwegian systemic risk buffer.

On Saturday, 10 June, until Sunday, 11 June, TRS 2 will be closed for maintenance

2023-06-02 | News Reporting Markets

It will be possible to submit TR files, but feedback will not be sent until after 12 pm on Monday 12 June.

Currency exchanger My Change Scandinavia must cease its operations

Finansinspektionen has decided to issue an injunction to the currency exchange company My Change Scandinavia AB (My Change) to immediately cease its operations. The reason is extensive and severe deficiencies in the firm’s work to combat money laundering and terrorist financing.

Capital requirements of Swedish banks as of Q1 2023

Finansinspektionen publishes the capital requirements of the largest Swedish banks and credit institutions that belong to supervisory categories 1 and 2 as of the end of Q1 2023.

FI notifies the EU regarding the introduction of new risk weight floor for commercial real estate

Finansinspektionen has notified the Commission and the European Systemic Risk Board (ESRB) that it intends to introduce weight floor for commercial real estate in accordance with Article 458 of the CRR. This will replace the current Pillar 2 risk weight floors for exposures secured by commercial real estate. The measure is planned to be effective from 30 September 2023.

Executive Director Karin Lundberg to leave FI

2023-05-02 | News About FI

Per Nordkvist, currently the deputy executive director of the Banking section, will take over as acting executive director.