Nordic-Baltic cooperation
The Riksbank has long had close cooperations with the central banks in the Nordic countries, in all parts of its operations, and also cooperates closely with the central banks in the Baltic countries. The work on managing questions linked to the far-reaching financial integration in the Nordic-Baltic region is particularly active, with the Nordic-Baltic Macroprudential Forum (NBMF) and the Nordic-Baltic Stability Group (NBSG) as important forums.
Nordic-Baltic Macroprudential Forum (NBMF)
The NBMF is an informal body composed of the governors of the central banks of the eight countries and the heads of supervisory authorities. The body has no decision-making powers, but is a platform for the Nordic-Baltic countries to discuss risks to financial stability in the region and the implementation of macroprudential measures.
Nordic-Baltic Stability Group (NBSG)
The NBSG includes the Riksbank, the Ministry of Finance, Finansinspektionen (the Financial Supervisory Authority) and the Swedish National Debt Office, together with their counterparts in Denmark, Estonia, Finland, Iceland, Latvia, Lithuania and Norway. This cooperation forum aims to safeguard financial stability in the Nordic and Baltic countries, mainly through the exchange of information and joint crisis exercises.
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