The Riksbank's financial risks stem mainly from the management of the gold and foreign currency reserve, the implementation of monetary policy operations and from transactions in the payment systems. Financial risks are losses that can arise from exposures to credit, market, liquidity and operational risks. Prudent risk-taking within set boundaries, coupled with established risk management methods, helps safeguard the Riksbank's independence and reputation.
The Executive Board of the Riksbank determines the overall regulations for financial risk management. Every department head is responsible for ensuring that the risks in his or her operations are managed in a satisfactory manner. The risk control function is responsible for providing an independent control of the financial risks in the Riksbank’s asset management.
Organisation
The risk control function consists of 4 persons and Elisabeth Frayon is the Head of Risk Control.