Minister warns of increased uncertainty in the financial system

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Minister warns of increased uncertainty in the financial system
Photo: Henrik Montgomery/TT

The significantly higher energy prices as a result of the war in Iran and the very high valuations on the stock market constitute known risks in the financial system, according to Niklas Wykman.

The rapid development of technology and the threats that come with it are other areas of concern, and Wykman wants the banks to take responsibility.

It is important that they do so, and that sufficient investments are made, he says.

But one must also take into account "what you don't see," Wykman says when he discusses threats to the financial system.

It is very important to work with a high level of preparedness and to follow developments in the markets closely.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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