Joint responsibility for financial stability

18 May 2015 - Press release

Financial crises cost money, with both society and the individual having to pay, and we therefore wish to avoid them as far as possible. Finansinspektionen (the Swedish Financial Supervisory Authority), the Government, the Swedish National Debt Office and the Riksbank are all important cornerstones in the preventive work regarding financial stability, and also when a financial crisis actually arises. On 18-20 May we are jointly organising a conference on the best ways of managing global financial crises.

New regulatory framework that changes the playing field for the financial markets

One of the issues taken up at the conference is the reform work that began in the wake of the global financial crisis. Both globally and within the EU, new regulatory frameworks are currently being drawn up, which will in many ways change the playing field for the financial markets.

The conference is a forum where authorities, branch representatives and researchers can meet up and discuss current crisis management issues and the ongoing reform work. The programme includes a broad spectrum of speakers who will contribute different perspectives on the topics: what the new game rules entail and what implications they will have for the financial system and for the economy as a whole.

Speakers include:

Elke König: Chair of the Single Resolution Board (the Banking Union's new crisis management authority)
Anders Borg: Swedish Minister of Finance 2006-2014
Christian Clausen: CEO Nordea
Martin Hellwig Professor: Max-Planck-Institute for Research on Collective Goods.

In total, around 250 participants are expected.

For the programme and further information on the Financial Safety Net Conference, visit www.fsnc.se.