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Financial Crisis Committee, Delphi Newsletter, April 2011

The Swedish Government has appointed a Financial Crisis Committee, which will conduct an overview of the Swedish legislation on crisis management within the financial sector. The review is made in the light of the global crisis and the lack of confidence that has affected the financial system since 2008.

The Committee shall secure that the Swedish financial regulations include appropriate means for preventing and dealing with a a financial crisis to the extent possible. The aim of the Committee is also to make sure the regulations are consistence with the rules enacted by the EU, the IMF (International Monetary Fund) and the G20-Countries in respect of the handling of cross-border financial crises.