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

Label
Sweden :, Financial Sector Assessment Program Update: Technical Note on Reviewing the Systemic Liquidity Risk Management Framework
Language
eng
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
Bibliography note
Includes bibliographical references
resource.governmentPublication
international or intergovernmental publication
Literary Form
non fiction
Main title
Sweden :
Nature of contents
dictionaries
Series statement
IMF Staff Country Reports
Sub title
Financial Sector Assessment Program Update: Technical Note on Reviewing the Systemic Liquidity Risk Management Framework
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 FrameworkA. The FrameworkB. Liquidity Regulation; Boxes; 1. Regulation on Management of Liquidity Risks in Credit Institutions and Investment Firms (FFFS 2010:7); C. The Framework for Foreign Exchange Liquidity Support; 2. Major Swedish Banks-Unique and Diversified Business Models; 3. International Practice: Arrangements for International Reserve Management; D. The Riksbank's Domestic Liquidity Management Framework; 2. Alternative Approaches in Reviewing International Reserve Management; 5. Central Bank Balance Sheets; 6. Comparisons of Riksbank's and Federal Reserve's Balance Sheet StructureReferences
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