Council for cooperation on macroprudential policy

Closer cooperation on preventive macroprudential policy

The Riksbank and Finansinspektionen (the Swedish financial supervisory authority) have set up a council for cooperation on macroprudential policy to prevent risks to the financial system.

At the council, authorities will consult and exchange information on the assessment of risks to the financial system as a whole, and will discuss appropriate measures for the prevention of risks. The authorities can also discuss analyses and the development of tools and methods in the area of macroprudential policy.

The council will meet at least twice a year and the members are:

• the Governor of the Riksbank
• the Director General of Finansinspektionen
• one of the Deputy Governors of the Riksbank
• the head of the Riksbank's Financial Stability Department,
• the chief economist at Finansinspektionen and
• chief legal counsel at Finansinspektionen.