Newslist Financial stability

Compliance with the minimum requirements for own funds and eligible liabilities – Q3 2024

Press release 29 November 2024 Financial stability

Today, the Swedish National Debt Office released its quarterly report on the Swedish systemically important banks’ and other institutions’ compliance with the minimum requirement for own funds and eligible liabilities (MREL) at the end of the third quarter of 2024.

Nordic Baltic Crisis Simulation Exercise, 2024

News 20 September 2024 Financial stability

To test the preparedness for a potential crisis situation, authorities from the Nordic-Baltic countries responsible for financial stability during this week conducted a financial crisis simulation exercise in the Nordic-Baltic region, involving three fictitious banks with cross-border activities.

Compliance with the minimum requirements for own funds and eligible liabilities – Q2 2024

Press release 30 August 2024 Financial stability

Today, the Swedish National Debt Office released its quarterly report on the Swedish systemically important banks’ and other institutions’ compliance with the minimum requirement for own funds and eligible liabilities (MREL) at the end of the second quarter of 2024.

New resolution plan for central counterparties as of 17 June

Press release 17 June 2024 Financial stability

On 12 June, the Resolution Board decided on a new resolution plan for Nasdaq Clearing that will apply as of 17 June. Every year, the Swedish National Debt Office develops a resolution plan as preparation for being able to manage a central counterparty in crisis effectively.

Compliance with the minimum requirements for own funds and eligible liabilities – Q1 2024

Press release 31 May 2024 Financial stability

Today, the Swedish National Debt Office released its quarterly report on the Swedish systemically important banks’ and other institutions’ compliance with the minimum requirement for own funds and eligible liabilities (MREL) at the end of the first quarter of 2024.

Clarification regarding exemptions for tap issuances of eligible liabilities

News 26 April 2024 Financial stability

The Debt Office will adhere to statements published by the European Banking Authority (EBA) clarifying the terms for conducting tap issuances of eligible liabilities instruments.

Focus report: Lessons from the banking problems in the US and Switzerland in 2023

News 22 April 2024 Financial stability, Focus Report

At the beginning of last year, some banks in the US and Switzerland encountered severe financial problems, which forced government authorities in both countries to intervene. In the Swedish National Debt Office’s Focus Report, the authors describe those events and the lessons that can be learned...

The Debt Office follows guidelines on the summary of resolution plans

News 9 April 2024 Financial stability

The Debt Office has informed the European Securities Authority (ESMA) that the authority follows ESMA's guidelines on the summary of resolution plans.

The Debt Office follows guidelines on the assessment of resolvability

News 9 April 2024 Financial stability

The Debt Office has notified the European Securities Authority (ESMA) that the authority follows ESMA's guidelines on the assessment of resolvability.

The Debt Office follows guidelines on the types and content of the provisions of cooperation arrangements

News 2 April 2024 Financial stability

The Debt Office has notified the European Securities Authority (ESMA) that the authority follows ESMA's guidelines on the types and content of the provisions of cooperation arrangements.

The Debt Office follows guidelines on written arrangements and procedures for the functioning of resolution colleges

News 2 April 2024 Financial stability

The Debt Office has notified the European Securities Authority (ESMA) that the authority follows the ESMA's guidelines on written arrangements and procedures for the functioning of resolution colleges.

Compliance with the minimum requirement for own funds and eligible liabilities – Q4 2023

Press release 1 March 2024 Financial stability

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 fourth quarter. Today, the Swedish National Debt Office released its quarterly report on MREL compliance.

New department head for Financial Stability

Press release 21 February 2024 Financial stability

Today, Fredrik Bystedt has assumed the role of department head for Financial Stability at the Swedish National Debt Office.

This year’s decisions on resolution plans

Press release 20 December 2023 Financial stability

Effective crisis management of banks and other institutions requires thorough planning. The Resolution Board has made this year’s decisions on resolution plans for the eight systemically important banks and one central counterparty. The banks have made good progress in complying with their...

Compliance with the minimum requirement for own funds and eligible liabilities – Q3 2023

Press release 8 December 2023 Financial stability

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 National Debt Office released its quarterly report on MREL compliance.

Compliance with the minimum requirement for own funds and eligible liabilities – Q2 2023

Press release 1 September 2023 Financial stability

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 second quarter. Today, the Swedish National Debt Office released its quarterly report on MREL compliance.

Permission to reduce eligible liabilities instruments

News 6 July 2023 Financial stability

On 19 April 2023, the European Commission adopted new provisions on, among other things, the process for applications for prior permission for reducing eligible liabilities instruments. The Debt Office will therefore apply the application process set forth in the delegated regulation.

Debt Office updates resolution plan and MREL for Swedish Export Credit Corporation

Press release 20 June 2023 Financial stability

The Swedish National Debt Office does not consider there to be grounds for managing Swedish Export Credit Corporation (SEK) through resolution. The Debt Office has therefore decided on a new resolution plan and that MREL is to be limited to a loss absorption amount, i.e. the sum of the firm’s...

Compliance with the minimum requirement for own funds and eligible liabilities – Q1 2023

Press release 2 June 2023 Financial stability

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 first quarter. Today, the Swedish National Debt Office released its quarterly report on MREL compliance.

IMF completes assessment of financial sector in Sweden

News 16 March 2023 Financial stability, About the Debt Office

In 2022, the International Monetary Fund (IMF) conducted a special assessment of the financial sector in Sweden called a FSAP (Financial Sector Assessment Program). FSAPs are performed regularly for member countries that have systemically important financial markets. The IMF’s most recent FSAP for...