section 1 of the Act (2014:966) on capital buffers and this law becomes
in force on August 2, 2014.
section 2 provisions on capital buffers for systemic
institutions in Chapter 5. the law on capital buffers are applied from
1 January 2016.
paragraph 3 of the rules on systemic risk buffer in Chapter 4. section 3 of the Act
If capital buffers shall apply as from 1 January
2015.
Until 31 december 2014, the Swedish financial supervisory authority
a month after the inspection is completed
the notification requirement in article 133.11 of European Parliament and
Council directive of 26 June 2013 on access
to the activity of credit institutions and the prudential supervision of
credit institutions and investment firms, amending
Directive 2002/87/EC and repealing Directive 2006/48/EC
and 2006/49/EC (capital adequacy directive) may decide that a
institutions should have a systemic risk buffer which amounts to no more than 3
percent of the institution's risk-weighted exposure amounts based on the
the institution's exposures in the country or outside the EEA.
Systemic risk buffer may until 31 december
2014 amount to more than 3% of the amount of exposure
referred to in the second subparagraph only if the FSA completed
the notification requirement in article 133.12 in
the solvency ratio directive and the measure approved by the
The European Commission in accordance with article 133.15 in same
directive.
section 4 of the institutions required to maintain a capital buffer
for global systemically important institutions need
1. during the years 2016 to meet only 25% of the
capital requirements arising from the provisions on the capital buffer
for global systemically important institutions,
2. in the year 2017 to meet only 50 percent of the
capital requirements arising from the provisions on the capital buffer
for global systemically important institutions,
3. during the years 2018 to meet only 75 percent of the
capital requirements arising from the provisions on the capital buffer
for global systemically important institutions.
paragraph 5 of the financial supervision authority may, until 31 december
2018 to recognise other Member States ' shorter transitional periods
for the countercyclical capital buffer. In deciding whether to
to recognise other Member States ' countercyclical
kapitalbuffertvärden, the Swedish financial supervisory authority fulfil the
notification obligation laid down in article 160.6 in
the capital adequacy directive.