Swedish Government Argues For More Stringent Capital Rules

News: The Swedish government has said that stronger capital requirements should be introduced for the country ' s banks to prevent taxpayers from being forced to bail out failing lenders, according to Reuters. Authorities are looking to bring in so-called counter-cyclical capital buffers in 2014, introducing an additional layer of capital to that already required. The government is aiming to set the new buffer at the high end of a previously suggested 0% to 2.5%, according to Financial Markets Minister Peter Norman .

Swedish Government Argues For More Stringent Capital Rules

News: The Swedish government has said that stronger capital requirements should be introduced for the country ' s banks to prevent taxpayers from being forced to bail out failing lenders, according to Reuters. Authorities are looking to bring in so-called counter-cyclical capital buffers in 2014, introducing an additional layer of capital to that already required. The government is aiming to set the new buffer at the high end of a previously suggested 0% to 2.5%, according to Financial Markets Minister Peter Norman .

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