The financial stability council is a forum with representatives from the government (Ministry of Finance), Finansinspektionen (the Swedish Financial Supervisory Authority), Riksgälden (the Swedish National Debt Office) and the Riksbank (the Swedish central bank). The council meets regularly to discuss financial stability issues, the need for measures to prevent financial imbalances from building up and, in the event of a financial crisis, the need for crisis measures.
The council discusses the need of measures to prevent financial imbalances from building up but is not a decision-making body. The government and the represented authorities of the council decide independently within their own particular areas of responsibility which measures are to be taken.
The council normally meets twice a year. The agenda of the coming meeting of the council is published on the committee’s website one week before the meeting. Minutes of the council’s meeting is published within two weeks of the meeting. Should a financial crisis occur, the council will meet more frequently to discuss the need for crisis measures.
The council meetings are chaired by the minister responsible for financial markets, Max Elger. The other members of the council are the director general of Finansinspektionen Erik Thedéen, the director general the Swedish National Debt Office Karolina Ekholm and the governor of the Riksbank Stefan Ingves.
Max Elger Stefan Ingves
Erik Thedéen Karolina Ekholm
The preparatory group consists of high-level representatives from the authorities represented in the council. The preparatory group meets monthly to prepare and plan the work for the council. The secretariat has a coordinative role and works as administrative and analytical support to the council and the preparatory group. The financial stability council is organized as a committee.
Niclas Alsén, Head of Secretariat Phone: +46 (0)8 405 27 04 email@example.com