It has come to the attention of Finansinspektionen (FI), the Swedish Financial Supervisory Authority, that persons claiming to represent FDS Research Group are offering Swedish investors to buy securities.
It has come to the attention of Finansinspektionen (FI), the Swedish Financial Supervisory Authority, that persons claiming to represent PSI Research are offering Swedish investors to buy securities.
This morning Erik Thedéen makes short comments regarding the Banking Legislation Package at the ECON meeting in Brussels.
Household debt is a crucial matter which FI monitors closely, and the mortgage survey is an important part of this work. Household debt has increased sharply in recent years. During the same period, mortgage rates have fallen and are now at historically low levels, and house prices have also risen rapidly. Finansinspektionen (FI) judges there to be an elevated risk that house prices will fall compared to a normal state, and it is more likely that interest rates will rise than that they will fall.
The amortisation requirement that was introduced last year has had a slow-down effect thus far. Households with new mortgages are borrowing less and buying less expensive homes, but the risks associated with high household debt remain.
FI’s supervision process takes a forward-looking approach and applies a risk-based methodology.
FI decided on 29 March 2017 not to change the countercyclical buffer rate. The buffer rate of two per cent, which has applied since 19 March 2017, shall thus continue to apply. The countercyclical buffer guide is set at 0 per cent.
With regard to the proposed directive on amendments to the Auditor Directive (2006/43/EC), Finansinspektionen does not have any objections to the proposal presented by the European Commission.