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Swedish financial authorities prepare for an epidemic - radio silence from Danish equivalent

Sweden's Finansinspektionen has intensified its contact with banks, insurance companies and the stock exchange. This is due the the threat posed by the coronavirus to financial stability. Danish authorities are keeping their cards close to their chests.

Erik Thedéen, head of Finansinspektionen (Sweden's FSA). | Photo: PR/ Finansinspektionen

Sweden's FSA, Finansinspektionen, announced on Thursday that it has started a dialogue with certain players in the financial sector to ensure financial stability in the case of a larger outbreak of the coronavirus in Sweden.

"Due to the situation caused by the coronavirus, Finansinspektionen is monitoring developments in the financial sector and on the financial markets closely. In our work to ensure financial stability, we have therefore intensified our contact with banks, insurance and the stock exchange, among others," the announcement reads.

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