Sweden has one regulator with the responsibility for the authorization and supervision of banks, insurers, and other financial institutions – the Swedish Financial Supervisory Authority (SFSA).

Sweden’s Central Bank (Riksbanken) is a public authority under the Swedish parliament (Sveriges riksdag). The Central Bank’s objective is to ensure that inflation is low and stable, and is therefore responsible for Sweden’s monetary policy; influencing inflation through the interest rate. The Central Bank has also been given the task of overseeing that the system for making payments functions without disruption. Additionally, the Central Bank issues banknotes and coins and manages Sweden’s reserve of gold and foreign currencies.

The EU’s supervisory authorities, namely the European Banking Authority, the European Securities and Markets Authority and the European Insurance and Occupational Pensions Authority  play an important role in issuing technical standards, and have powers of supervision over Swedish institutions in some limited respects.

The European Central Bank (ECB) has recently become the supervisor of Eurozone banks under the EU’s Single Supervisory Mechanism (SSM). Sweden is not in the Eurozone so Swedish banks are not within the scope of the SSM. However, Eurozone branches or subsidiaries of Swedish banks are, in some cases, within the SSM and therefore under supervision by the ECB.