Result

2024

FI Analysis No. 42: Gender differences in investment behaviour

2024-03-18 | Reports News Consumer

The study confirms previous results showing that women are underrepresented in the stock market. The differences arise as early as three years of age, which shows that adults more often buy stocks for boys than for girls. We also see that men generally have larger stock portfolios than women throughout life, although women increase their stock wealth later in life.

FI leaves the countercyclical buffer rate unchanged

In accordance with its assessment in the most recent stability report, FI is leaving the countercyclical buffer rate unchanged in the first quarter. The buffer rate of 2 per cent, which was applied starting on 22 June 2023, shall thus continue to apply. The countercyclical buffer guide is calculated at 0 per cent.

2024:1 Loan-to-value ratio for loans granted against collateral in residential property and included in the cover pool for covered bonds

2024-03-11 | Bank

In this legal position, Finansinspektionen considers the matter of whether the cover pool for covered bonds issued prior to 8 July 2022 may consist of loans granted against collateral in residential properties to the extent that the credit in relation to the collateral lies within the loan-to-value ratio of 80 per cent.

Interest rate puts pressure on indebted households

2024-03-07 | Mortgage Reports News

Households continue to be under pressure from both higher interest rates and other costs. This is evident in FI’s mortgage report, which is being published today. The report looks at new mortgagors during the autumn of 2023. We can see that there are fewer mortgagors than in previous years. Home buyers also bought slightly less expensive homes and borrowed slightly less. Total lending to households has stagnated, but despite this household indebtedness continues to be high.

Capital requirements of Swedish banks as of Q4 2023

Finansinspektionen publishes the capital requirements of the largest Swedish banks and credit institutions that belong to supervisory categories 1 and 2 as of the end of Q4 2023.

Comprehensive overview is important when changing the conditions on the housing market

2024-02-22 | Mortgage Reports News

FI has received an assignment from the Government to assess an increase in the loan-to-value (LTV) cap from 85 to 90 percent. At the same time, the Government proposes phasing out the tax deductibility for unsecured loans. We assess that an increase in the LTV cap would lead to higher household indebtedness and an increase in associated risks. This assessment holds even if interest rate deductions for unsecured loans are phased out. We also take the position that it is appropriate to await the results of the ongoing inquiry into both the LTV cap and the amortisation requirement and consider any changes to the measures comprehensively.

Ownership reporting

2024-02-15 | Reporting Bank

Financial entities are obligated to report larger holdings, for example subsidiaries and other ownership interests.

Outsourcing contracts

2024-02-06 | Bank

If a credit servicer wants to outsource its credit servicing operations to a third party, FI must be notified.

Cross-border activities

2024-02-06 | Bank

A credit servicer authorised pursuant to the Credit Servicer Act (Purchase and Servicing of Non-Performing Credit Agreements Act [2023:714]) is entitled to conduct business in other EEA countries.

Credit servicers

2024-02-06 | Bank

In accordance with the Credit Servicer Act (Purchase and Servicing of Non-Performing Credit Agreements Act [2023:714]) authorisation from FI is required to conduct, on behalf of a credit purchaser, professional credit servicing of a non-performing credit agreement entered into between a credit institution with the EEA and a borrower.

Debt collection

2024-02-06 | Bank

According to the Debt Collection Act (1974:182), authorisation from FI is required to conduct debt collection operations related to the collection of debt on a third party’s behalf or debt that has been taken over for collection.

Reciprocation of macroprudential measures in other countries

According to the capital adequacy regulations (Capital Requirements Regulation and Capital Requirements Directive), a country can ask other countries to reciprocate adopted macroprudential measures. FI has decided to reciprocate measures introduced by several other countries.

Capital requirements for Swedish banks

FI publishes the capital requirements for Swedish banks and credit institutions in supervision categories 1 and 2 every quarter.

2023

FI extends the risk weight floor for Swedish mortgage exposures

2023-12-14 | Mortgage EBA News

FI has decided to extend the risk weight floor by two years, from 31 December 2023 to 30 December 2025.

FI leaves the countercyclical buffer rate unchanged

In accordance with its assessment in the most recent stability report, FI is leaving the countercyclical buffer rate unchanged in the fourth quarter. The buffer rate of 2 per cent, which was applied starting on 22 June 2023, shall thus continue to apply. The countercyclical buffer guide is calculated at 0 per cent.

Aros receives warning and administrative fine

Finansinspektionen has decided that Aros Kapital will receive a warning and an administrative fine of SEK 45 million.