Swedish deputy insists on stronger macro-prudential framework
Sveriges Riksbank's first deputy governor, Kerstin af Jochnick, today criticised proposals for an advisory council on macro-prudential policy and demanded a clearer decision-making framework, with the Riksbank at its heart.
Sweden's financial crisis committee, which reports to the Ministry of Finance, produced a report on January 23 on the prevention and management of financial crises.
The report suggests the current ‘council for cooperation' between the Riksbank and the Swedish financial
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