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The FI's Advice: Have Accounts in Multiple Banks
Swedish households should have accounts in several different banks, believes the Swedish Financial Supervisory Authority's (FI) director-general Daniel Barr. The reason is that the risk of cyber attacks against Swedish companies has increased and banks are exposed, reports [Sveriges Radio Ekot](https://sverigesradio.
FI wants to see strengthened protection of financial companies
The situation for financial stability has improved somewhat over the past six months, according to a stability report from the Financial Supervisory Authority (FI). However, digitalization and geopolitical risks mean that financial companies must strengthen their protection, according to FI Director Daniel Barr.
Insider conspiracy investigated – decision on prosecution imminent
The preliminary investigation against four individuals suspected of gross insider crimes in 2021-2022, one of whom had a key position in market surveillance at Nasdaq Stockholm Stock Exchange, is complete. Charges may be brought at the beginning of 2025, according to the prosecutor.
Swedish Criticism: Shouldn't Have to Compete Sick
Sweden has never won the total World Championship in cross-country skiing on the women's side. Now the blue-yellow stars are directing criticism at the setup.
Spotify's CEO sells shares for 400 million
In the week, Spotify came with a quarterly report that exceeded expectations. Since then, the stock has soared on the stock exchange in New York.
Hawala Association May Have Been Exploited for Terrorism
Amal Express, a payment service company focused on Somalia, is fined by the Financial Supervisory Authority (FI). The association, which helps customers send money abroad through informal transfer systems, known as hawala, had inadequate routines for detecting money laundering and terrorist financing during the year-long investigation period, according to FI.
Banks are making more and more money on your mortgage
The banks are making increasingly larger profits on households' mortgages, show new figures. The margins continued upwards during the third quarter of the year.
Divided on softer amortization requirements
The Government's investigator proposes abolished amortization requirements and increased mortgage ceiling. The Swedes give both criticism and praise, according to a survey by Kantar Sifo on behalf of the real estate agency Bjurfors.
This is what assessors and the industry think about the loan proposal
The proposal for milder rules will facilitate entry into the housing market, not least for young people, according to experts and assessors. .
The proposal: Softer requirements for mortgages
Abolished amortization requirements and increased mortgage ceiling, propose heavyweight economists in an investigation to the government. The Financial Supervisory Authority warns that the effects will only be higher debts and prices.
The Government: FI's Responsibility May be Revoked
The Financial Supervisory Authority (Fi) has introduced both amortization requirements and mortgage ceilings to prevent Swedish households from taking on too much debt. However, the measures are being questioned and now the responsible minister is considering taking away the authority's responsibility.
The Government Ready to Change Amortization Requirements
Eases in both amortization requirements and mortgage ceiling – heavy economists are expected to propose in an inquiry on Monday. Minister for Financial Markets Niklas Wykman (The Moderate Party) says that he is ready to change the rules.
Relief Expected for Mortgage Borrowers
The tightened amortization requirement for mortgage borrowers is being abolished and the mortgage ceiling is being raised from 85 to 90 percent. These are some of the proposals in an investigation that will be presented next week, according to [Dagens Nyheter](https://www.
After Talent's Death: "Increase Safety"
Italian alpine talent Matilde Lorenzi died after a fall during a training session. Now her dad Adolfo is demanding better safety.
The Pension Authority breached risk control regulations
The Pension Authorities breached the requirement for risk control when investing several billion kronor in the real estate company Heimstaden Bostad. This is the Financial Supervisory Authority's preliminary assessment in an examination of the Pension Authority's notable investment, writes Dagens industri.
Interest Rate Shock Gave Banks 80 Billion in Extra Profit
The banks have earned 80 billion kronor in extra profits from the recent years' interest rate shock. .
Major Banks' Profits Increase Again
The major banks' profits are increasing despite the lower interest rates. When the profitability of mortgage loans is squeezed, the banks find other revenue streams.
So much cash you must have at home in case of crisis
Soon, all households will receive the new brochure "If crisis or war comes" where all Swedes are urged to be able to manage without help from society for at least a week. This also applies economically, says Moa Langemark at the Financial Supervisory Authority.
100,000 tickets sold for the Ski World Championship
Ski World Championship in Trondheim this winter has so far sold 100,000 tickets, reports Adresseavisen. The milestone came as a pleasant surprise, as the Norwegian organizer had hoped to reach the number before the final inspection by the International Ski Federation, FIS, on October 15.
This is the threat to the entire skiing sport
Shrinking glaciers, bare mountains and competitions being washed out. Ski sports are facing a dark future due to climate change, warns the International Ski and Snowboard Federation (FIS) and the World Meteorological Organization (WMO).
The Hawala System May Become Illegal: "Cold Shower"
A new proposal wants to make it criminal to conduct hawala business without a permit. The inquiry also wants to make it more difficult to transfer large sums of money out of Sweden.
Confirmed: Hirscher gets wildcard for comeback
In the spring, the former alpine star Marcel Hirscher decided to make a comeback. The Austrian will compete for the Netherlands this winter, which is his mother's country of birth.
Russian skiers still banned
Even in winter's international skiing competitions, it is a stop for Russian and Belarusian skiers. The decision was made public during the International Ski Federation's (FIS) meeting in Zurich.
No World Cup competition in Ulricehamn this winter
It will be Italian Cogne and not Ulricehamn that will take over the vacant World Championship weekend in cross-country skiing on January 31-February 2, 2025. After the Czech Nove Mesto dropped out as the organizer, Ulricehamn raised its hand to replace, but after a vote at the International Ski Federation's (Fis) meeting on Friday, the task was given to Cogne, reports NTB.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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