Financial crises are one of the most costly things a society can suffer. If a crisis arises in a bank or another institution, the Swedish National Debt Office is responsible for dealing with the situation.
How do we manage a bank in crisis?
The Debt Office assumes control of a bank or financial institution in crisis if it is deemed to be systemically important. This allows the central government to act quickly and forcefully to manage a financial crisis without jeopardising tax funds.
Resolution of Central Counterparties
Central counterparties have become increasingly important players in financial systems and play an important role for financial stability.
A functioning national economy
Effective crisis management reduces the costs to society. A serious disruption of the system can entail great costs to the national economy.
This year’s decisions on resolution plans and MREL
The Swedish National Debt Office has made this year’s decisions on resolution plans and the minimum requirements for own funds and eligible liabilities (MREL). The Debt Office has concluded that the...
Updated guidance on EBA’s guidelines for resolvability, and application report on bail-in tool
The Swedish National Debt Office is today publishing an updated guidance document on the European Banking Authority’s (EBA) guidelines on improving resolvability for institutions and resolution...
Minimum requirement for own funds and eligible liabilities (MREL) – Compliance Q3 2022
In this report, the Debt Office shows how well the systemically important institutions met the set MREL requirements as of the end of the third quarter 2022.
Compliance with the minimum requirement for own funds and eligible liabilities – Q3 2022
All systemically important banks and other institutions were compliant with the minimum requirement for own funds and eligible liabilities (MREL) at the end of the third quarter. Today, the Swedish...