European Parliament Library

Sweden :, Financial Sector Assessment Program Update: Technical Note on Reviewing the Systemic Liquidity Risk Management Framework

Abstract
The Swedish banking system faced a severe liquidity strain during the global financial crisis owing to their extensive reliance on global wholesale funding to support expansion in their credit operations. This note gives a detailed review on the recommendations made in the Financial Sector Assessment Program (FSAP) Update in the area of systemic liquidity risk management, especially in relatively weak areas and some aspects of Riksbank’s domestic liquidity toolkit. But it does not cover a range of issues on emergency liquidity assistance to individual institutions
Table Of Contents
Cover; Contents; Glossary; I. Introduction; II. The Global Financial Crisis: Sweden's Experience; A. The Buildup of Systemic Liquidity Risks in the Swedish Financial System; B. Sweden's Response to Severe Funding Stress and Key Lessons; Figures; 1. Build Up of Systemic Liquidity Risks Prior to the Crisis; 2. Decomposition of Three Month Interbank Rates; 3. Selected Central Banks; 4. The Outstanding of Riksbank Loans and Government Guaranteed Debt; Tables; 1. Selected Economies: Central Banks' Liquidity Strain Easing Measures; III. Strengthening the Systemic Liquidity Risk Management Framework
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (23 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781463925789

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