Minutes of the Financial Stability Council

Date 20/11/2014

The Riksbank considers Finansinspektionen's proposal to deal with the problems linked to household indebtedness as a step in the right direction, but assesses that further measures are needed. The Riksbank also considers it important that the effects of the amortisation requirement and the measures taken so far are evaluated. It is therefore good that the drafting committee and the secretariat continue to monitor developments in debt and to discuss the total effects of the measures taken.

 

The Financial Stability Council consists of the Minister for Financial Markets, the Director General of Finansinspektionen, the Director General of the Swedish National Debt Office and the Governor of the Riksbank.

 

The purpose of the Council is to discuss issues relating to financial stability and the need to take measures to counteract the build-up of financial imbalances and, in the event of a financial crisis, to discuss the need to take measures to manage such a situation.

 

The Government and the authorities represented on the Council decide independently what measures should be taken within their respective areas of responsibility. The Council is a forum for discussion and not a decision-making body.

Link to the minutes (only in Swedish)