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.
More from AMWatch
New sustainability quant manager makes Stockholm key in global conquest: "ESG leadership coming from the Nordic region is really phenomenal"
US-based V-Square Quantitative Management using ESG data as fuel for its investment engine will run its global distribution from Stockholm. Here, the company's President and co-founder Mamadou-Abou Sarr helped a Swedish pension fund develop a low carbon equity strategy in 2013. Sarr tells AMWatch what the firm wants to achieve, and why he is comfortable with the big bill that comes along when buying tons of ESG data.