Minister for Financial Markets and Housing, Deputy Minister for Finance
“I am a concerned optimist. Our generation’s most important task is to create a society that functions even for those living long after we’re gone. That’s why I’m working for financial stability and stable housing construction. The economy must benefit those who make climate-smart choices.”
News from Per Bolund
Crisis package for jobs and transition
The Government, the Centre Party and the Liberal Party are now presenting further measures to alleviate the impact of the virus outbreak on jobs and the economy in Sweden. The ongoing virus outbreak is having a major impact on the Swedish economy and many people have become, or risk becoming, unemployed. To alleviate the impact on the labour market, a crisis package for jobs and transition is now being presented.
Crisis package for small enterprises in Sweden
The Government is now presenting additional measures to mitigate the economic impact of the COVID-19 virus outbreak. To mitigate the impact on the Swedish economy, a crisis package for businesses and jobs, and several other measures, was presented earlier. To particularly alleviate the impact for small and medium-sized enterprises, a crisis package is now being presented for Swedish entrepreneurs.
Content from Per Bolund
Total 47 hits.
Government proposes strengthening Riksbank’s financial independence
The Ministry of Finance today submitted a proposal that would strengthen the financial independence of the Riksbank by setting down in law a targeted level for its capital. The proposal also contains rules on how the Riksbank is to be recapitalised and how dividends to the State may be paid. In addition, it clarifies that borrowing in advance for the foreign exchange reserve may only be done if there are exceptional grounds. This proposal is in line with the Committee on Finance’s report from June 2016 which had the support of all parties represented in the Riksdag.
Proposal to expand Finansinspektionen’s mandate regarding additional macroprudential tools
The Ministry of Finance proposes that Finansinspektionen should be able to take additional measures to counteract financial imbalances on the credit market. A Ministry of Finance memorandum containing proposals for new legislation is being circulated today for comment.
Denmark, Finland, Norway and Sweden sign Memorandum of Understanding on significant branches
The Finance Minister of Norway and Finland, the Minister for Business of Denmark and the Minister for Financial Markets and Consumer Affairs of Sweden sign Memorandum of Understanding in order to facilitate the cooperation regarding cross-border banking groups containing one or more significant branches.
Speech by Minister for Financial Markets Per Bolund at Singapore Fintech Festival - RegTech Forum
Singapore, 18 November 2016. Check against delivery.
Guidelines for central government debt management 2017
Today the Government adopted guidelines for the management of the central government debt. Its decision means that the maturity of the central government debt is extended slightly. Doing so reduces the risk in the central government debt at a low cost. The steering of the composition of the central government debt is left unchanged.
Broad political agreement on expanded mandate for Finansinspektionen
Following broad political discussions with the centre-right parties and the Left Party, the Government has agreed to expand the ability of Finansinspektionen (the Swedish financial supervisory authority) to take measures to counteract financial imbalances on the credit market, e.g. with regard to household indebtedness.
Strategy for sustainable consumption
How can consumption be made more sustainable? What can be done to make it easier for consumers to make climate-smart choices? These are some of the questions in focus in the Government’s strategy for sustainable consumption. The aim is for the strategy to contribute to environmentally, socially and economically sustainable consumption.
IMF review of the economic situation in Sweden completed
A team from the International Monetary Fund (IMF) visited Sweden in autumn 2016 to conduct its annual review, or Article IV consultation, of the economic situation in Sweden and has now published its results. A complete report will be discussed by the IMF board in November 2016 and subsequently published.
Asylum seekers to have access to bank accounts
On 15 June, Sweden’s Minister for Financial Markets Per Bolund met representatives of banks and government agencies to find ways forward that will make it easier for asylum seekers to gain access to bank accounts. During the meeting, Finansinspektionen (the Swedish financial supervisory authority) presented its response to the European Banking Authority’s opinion.