Financial Stability Department
Photo: Petter Karlberg/Karlberg Media
The Financial Stability Department (AFS) produces the material the Executive Board needs to work with the Riksbank's statutory task of promoting a safe and efficient payment mechanism.
The purpose of AFS' work is that the Riksbank should be able to identify at an early stage any risks that might mean that the financial system would no longer be stable and efficient. If such risks exist, the Riksbank tries to affect the market participants concerned through discussions with them and by generally providing information about the problem, for instance in the Financial Stability Report published twice a year. AFS is also responsible for ensuring that the Riksbank can manage a financial crisis, if one should nevertheless arise.
The department works in close collaboration with authorities such as Finansinspektionen (the Swedish Financial Supervisory Authority) and the Ministry of Finance, Swedish banks and with other participants in the financial markets. Outside Sweden, the department participates in a large number of committees and working groups with various purposes, for instance in the ECB/EU and BIS.
Kasper Roszbach is head of the department. Deputy heads of department are Martin W Johansson and Olof Sandstedt.
In addition to a staff of advisers, the department consists of six divisions:
The Banking Analysis Division
The Division for Financial Infrastructure Analysis
Financial Analysis and Intelligence Division
The Policy and Analysis Division
The Stability and Macroprudential Analysis Division
The Applied Research and Modelling Division