Financial markets

The Government has appointed an inquiry to identify ways to promote the market for green bonds. Mats Andersson, former CEO of the Fourth AP Fund, is Inquiry Chair.

Singapore, 18 November 2016. Check against delivery.

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.

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.

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.

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.

The International Monetary Fund (IMF) will visit Sweden at the invitation of the Ministry of Finance and Sveriges Riksbank both in mid-April and in August to make a special assessment of the financial sector and the public authorities’ work on financial stability, what is known as an FSAP (Financial Sector Assessment Program). The IMF’s report will take up any deficiencies and risks it may detect and propose measures to deal with them.

Opinion piece by Minister for Financial Markets and Consumer Affairs, Deputy Minister for Finance, Per Bolund on December 26, 2015.

Are we moving towards a European Union where Member States integrate at different speeds? What implications can this bring about for the EU as a whole? And how should we approach such a development? These were issues discussed at a seminar on November 12, 2015, where policymakers, researchers and business representatives from different parts of Europe participated.