The European Commission has decided not to propose to the European Council a rejection of Finansinspektionen’s proposal to change the method for the application of the current risk weight floor for Swedish mortgages. This means that the measure may be implemented in Sweden.
The ESRB and the EBA have submitted their Opinions to the European Council, the European Commission and Finansinspektionen regarding Finansinspektionen's intention to change its method for the application of the current risk weight floor for Swedish mortgages.
Finansinspektionen has notified the European Parliament, the EU Council, the European Commission, the ESRB and EBA on the intended measure to change the method for the application of the risk weight floor for Swedish mortgages under Article 458 of the CRR.
The European Systemic Risk Board (ESRB) is responsible for the macroprudential supervision of the financial system in the EU. The aim is to contribute to the prevention or reduction of systemic risks to financial stability. ESRB’s mandates include issuing warnings and recommendations about risks to the financial system in the EU. FI is a non-voting member of the ESRB’s General Board.
FI has published decisions regarding reciprocation of macroprudential measures in Estonia and Belgium.