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.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Watchdog pulls plug on scandal-plagued firm with distribution ties to fund managers

Financial house Nord Fondkommission has had its plug pulled by the Swedish FSA after a long investigation into its advisory services. The decision also has ramifications for all of the firm's affiliated agents, including one of Sweden's biggest robo-advisors. Nord is also a distributing partner of some of the country's best known fund managers.

Schroders' flagship survey draws counterintuitive conclusions

Sustainable funds are all Swedish investors want to talk about, but a Schroders Global Investor Study of investors in 33 countries places them last when it comes to positive attitudes about only investing in sustainable funds. "This is indeed counterintuitive," says Henrik Jonsson, the manager's head of Nordics.

Further reading

Related articles

Trial banner

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch