How the Riksbank is governed
The Riksbank is Sweden’s central bank and a public authority under the Riksdag (the Swedish parliament). Our monetary policy responsibility and the right to issue banknotes and coins are laid down in the Instrument of Government, one of Sweden’s constitutional laws.
The Riksdag has decided on a more detailed framework for the Riksbank’s tasks in the Sveriges Riksbank Act.
On the basis of this legislation, the Riksbank can decide how it shall implement its tasks in the day-to-day business. There are a number of policy documents for this:
- The Rules of Procedure of the General Council
- The Instructions for Sveriges Riksbank
- Descriptions of routines
There are also policies, rules and descriptions of routines at the Riksbank. These specify stances, principles and methods for the way in which activities shall be conducted in various fields. The Riksbank’s ethical rules are one example. These contain provisions concerning insider issues and the way in which members of staff shall report their holdings of securities.
According to the Sveriges Riksbank Act, the Riksbank may also issue regulations in certain areas.