Sveriges Riksbank published the minutes of the Swedish Financial Stability Council’s 27 May 2025 meeting, where the Swedish Government, Finansinspektionen, the Riksbank and the Swedish National Debt Office reviewed the stability outlook, analytical priorities and possible measures to strengthen financial stability. The overall assessment was that the Swedish financial system is stable, but that stability risks have increased since December and need continued monitoring. The Minister for Financial Markets pointed to elevated geopolitical and economic uncertainty, including a sharp shift in United States trade policy, with extensive trade barriers seen as potentially damaging to the economy and a threat to financial stability. The council also discussed civil preparedness given the serious security situation, including readiness for cyberattacks in the financial sector, and noted weaker prospects for Sweden’s economic recovery and a more prolonged downturn while inflation has been pushed back; the resilience of the major Swedish banks was assessed as still good. Other agenda items covered a deeper review of geopolitical risks, planned joint crisis exercises, and information-sharing on international financial-market work in the European Union and global standard-setting bodies. The next ordinary meeting is scheduled for November 2025.
Riksbank 2025-06-10
Sveriges Riksbank publishes Financial Stability Council minutes highlighting higher risks and cyber preparedness needs
Sveriges Riksbank released minutes from the Swedish Financial Stability Council's May 2025 meeting, highlighting increased stability risks despite overall financial system stability. Key concerns include geopolitical and economic uncertainties, particularly U.S. trade policy shifts, and the need for civil preparedness against cyberattacks. The council noted weaker economic recovery prospects and discussed joint crisis exercises and international financial-market cooperation.