The Swedish FSA's Capital Joint Assessment 2023 (SREP)
The Swedish Financial Supervisory Authority has informed the Bank about the Supervisory Review and Evaluation Process (SREP) for 2023. The Pillar 2 requirement (P2R) decreases by 0.1%-unit to 1,3% for the common equity tier one ratio and by 0.1%-units to 2.0% for the total capital ratio. P2R for the common equity tier one ratio increases by 0.5%-units due to the previously communicated temporary add-on for the ongoing review of IRB-models, and decreases by 0.6%-units due to the transfer of the risk weight floor on Swedish commercial real estate lending from P2R to Pillar 1. The transfer