The Swedish FSA’s annual decision on Pillar 2 requirements and Pillar 2 guidance
On 29 September 2023, SEB received the result of the Swedish Financial Supervisory Authoirty's (SFSA) annual Supervisory Review and Evaluation Process (SREP).The SFSA took the following decisions on Pillar 2 requirements and Pillar 2 guidance for SEB on group level: · A Pillar 2 requirement (P2R) of 2.3 per cent, whereof at least 1.6 per cent shall be met with Common Equity Tier 1 (CET1) capital (compared with P2R of 2.0 per cent, whereof at least 1.4 per cent with CET1 capital in the SFSA’s corresponding decision on 30 September 2022). The increased P2R compared to the SREP 2022