Printer Friendly

-Financial watchdog in Sweden warns against rise in risk weights.

Global Banking News-March 22, 2013--Financial watchdog in Sweden warns against rise in risk weights(C)2013 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 22 March 2013

The financial watchdog in Sweden has warned against a proposal from the central bank suggesting an increase in risk weights on mortgage assets.

The governor of Riksbank, Stefan Ingves, said that the government should impose an increase of more than the 15 percent recommended by the regulator.

The head of the FSA, Martin Andersson, however said that he did not see any reason to change the current levels. He also suggested that results of changes be evaluated before making additional modifications.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com))
COPYRIGHT 2013 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2013 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Geographic Code:4EUSW
Date:Mar 22, 2013
Words:130
Previous Article:-EU chiefs considering closure of two banks in Cyprus.
Next Article:-Cyprus to shrink banking system in exchange for bailout.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters