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Swedish National Debt Office and Stockholm University hold two-day international conference on banking crisis management
News 10 June 2026
Today, decision-makers, experts, and researchers gathered for the first day of the Stockholm International Banking Crisis Management Conference. Today’s focus was on policy issues and practical experience of crisis management in the banking sector.
On 10 and 11 June, the Swedish National Debt Office, together with the Center for Monetary Policy and Financial Stability (CeMoF) at Stockholm University, is holding an international conference with invited speakers and guests that work with or conduct research on financial crises and crisis management of banks.
The conference marks the ten-year anniversary of Sweden’s implementation of the EU-wide regulatory framework for managing banks in crisis – known as the resolution framework – that was created after the global financial crisis.
The first day consisted of presentations and panel discussions with Swedish and international decision-makers, researchers, and other experts on banking crisis management.
“This framework, which marks its tenth anniversary this year, has provided us with tools and powers to manage systemically important banks if they should fail, while also creating entirely new prospects for them to be prepared for a future crisis. Planning requirements have generated crisis preparedness at the institutional level in a way that did not previously exist. As a government authority responsible for financial stability, it is essential that we maintain and further develop the framework,” says Debt Office Director General Karolina Ekholm.
Representatives from the Center for Monetary Policy and Financial Stability (CeMoF) at Stockholm University also emphasise the importance of discourse and the exchange of knowledge.
“Resolution is a new area. To be able to teach the subject at Stockholm University, our collaboration with the Debt Office has been crucial. With this conference, we now also hope to strengthen our network as well as our research environment in this area over time,” says Roine Vestman, professor and director of CeMoF at Stockholm University.
Important perspectives from day 1
Several key issues were addressed during the day:
- The relationship between banks in crisis and sovereign debt development and how the crisis management framework can help reduce this connection.
- How the crisis management framework can continue to be developed in order to bolster financial stability.
- Lessons from previous banking crises and how these lessons may be utilised in the future.
- Maintaining confidence and liquidity reserves in a crisis.
Speaker perspectives
One of the speakers was Alain Girard, member of the Executive Board, Head of the Banks division, the Swiss Financial Market Supervisory Authority (FINMA):
“Optionality in resolution, enshrined in sound legal powers as well as at operational level – which means that crisis simulations have to be a core activity and responsibility for resolution authorities – is crucial for resolution regulation, planning and preparation."
Another speaker was Erik Thedéen, Governor of the Riksbank and Chairman of the Basel Committee on Banking Supervision (BCBS). He participated in a panel session on how liquidity stress may unfold, how liquidity and confidence can be safeguarded across the crisis lifecycle, and where current frameworks may be improved:
“It was a very engaging panel discussion, which underscored both the importance and difficulty of being prepared for a crisis. After all, it has been quite some time since we experienced a crisis in Sweden. The discussion also illustrated the difference between the Eurosystem, which has the ECB and a centralised resolution authority, and Sweden – which operates outside both entities but must maintain close cooperation with them.”
Continuation day 2
The conference will continue tomorrow with a focus on the latest research on banking crisis management. Presentations will cover studies and analysis examining developments in this area.