Featured Product

    FI Updates Capital Requirements and Reporting Application

    February 25, 2022

    The Swedish Financial Supervisory Authority (FI) improved security of its reporting application and updated capital requirements for category 1 and category 2 Swedish credit institutions.

    FI published capital requirements for Swedish credit institutions that belong to supervisory categories 1 and 2 as of the end of the fourth quarter of 2021. The capital requirements have been published for Svenska Handelsbanken (SHB), Skandinaviska Enskilda Banken (SEB), Swedbank, Länsförsäkringar, Klarna, Kommuninvest, Svenskt Exportkredit (SEK), SBAB, Avanza, and Nordnet. Moreover, the countercyclical buffer value is currently 0% on exposures in Sweden but FI has decided to increase the buffer value to 1%, which applies from September 29, 2022. FI has also decided on and communicated the Pillar 2 requirements for these firms. FI decided on a changed application of the capital requirements for Swedish banks to adapt these requirements to the European Union banking package from October 2020. 

    With respect to the reporting application, FI has announced an upgrade to implement security improvements to the application, which has been installed locally by reporters and is used for certain periodic reporting to FI. Preliminarily, it will be possible to upgrade the application from April. The last date to log in via the current version will be June 12, 2022 and the upgrade will be made available later this Spring.


    Related Links (in Swedish)


    Keywords: Europe, Sweden, Banking, CRR, Basel, Pillar 2 Guidance, Regulatory Capital, Reporting, Pillar 2, CCyB, FI

    Featured Experts
    Related Articles

    EBA Sets Out Roadmap for 2023, Updates Reporting Framework 3.2

    The European Banking Authority (EBA) published its work program for 2023 as well as the technical package for phase 3 of version 3.2 of its reporting framework.

    September 30, 2022 WebPage Regulatory News

    FED Announces Launch of Climate Scenario Analysis Exercise in 2023

    The Board of Governors of the Federal Reserve System (FED) announced a pilot climate scenario analysis exercise for six largest banks in the U.S.

    September 29, 2022 WebPage Regulatory News

    BIS Paper Studies Impact of Fintech Lending on Small Businesses in US

    The Bank for International Settlements (BIS) published a paper that studies impact of fintech lending on credit access for small businesses in U.S.

    September 26, 2022 WebPage Regulatory News

    UK Regulators Issue CRR Changes and Stress Test Scenarios for Banks

    The Prudential Regulation Authority (PRA) issued the policy statement PS8/22 to amend the Own Funds and Eligible Liabilities (CRR) Part of the PRA Rulebook and update the supervisory statement SS7/13 titled "Definition of capital (CRR firms).

    September 26, 2022 WebPage Regulatory News

    EBA Launches EU-Wide Transparency Exercise in 2022

    The European Banking Authority (EBA) launched the EU-wide transparency exercise for 2022, with results of the exercise expected to be published at the beginning of December, along with the annual Risk Assessment Report.

    September 23, 2022 WebPage Regulatory News

    SRB on CRR Quick-Fix to Policy for Multiple Point of Entry Banks

    The Single Resolution Board (SRB) welcomed the adoption of the review of the Capital Requirements Regulation, or CRR, also known as the "CRR quick-fix."

    September 22, 2022 WebPage Regulatory News

    EC Rule Lists Advanced Economies for Market Risk Capital Calculations

    The European Commission (EC) recently adopted the Delegated Regulation 2022/1622, which sets out the regulatory technical standards to specify the countries that constitute advanced economies for the purpose of specifying risk-weights for the sensitivities to equity.

    September 21, 2022 WebPage Regulatory News

    EBA Publishes Final Regulatory Standards on STS Securitizations

    The European Banking Authority (EBA) published the final draft regulatory technical standards specifying and, where relevant, calibrating the minimum performance-related triggers for simple.

    September 20, 2022 WebPage Regulatory News

    ECB Further Reviews Costs and Benefits Associated with IReF

    The European Central Bank (ECB) is undertaking the integrated reporting framework (IReF) project to integrate statistical requirements for banks into a standardized reporting framework that would be applicable across the euro area and adopted by authorities in other EU member states.

    September 15, 2022 WebPage Regulatory News

    EBA Publishes Funding Plans Report, Receives EMAS Certification

    The European Banking Authority (EBA) has been awarded the top European Standard for its environmental performance under the European Eco-Management and Audit Scheme (EMAS).

    September 15, 2022 WebPage Regulatory News
    RESULTS 1 - 10 OF 8523