The Swedish banks have the option to pay the time framtunga fee to resolutionsreserven as the government is now proposing.
It says financial markets Per Bolund to the News agency Directly.
That you are doing the charging framtungt in time – it is simply to reduce the banks ‘ incentive to move away from Sweden?
”We do this because we see that the capacity of the banks to be able to pay a high fee in the very near future. The banks are doing very good business at the moment. There are high levels of profit. This means that you will also have the capacity to contribute something more to fill up resolutionsreserven and increasing the security when it comes to financial stability in Sweden. Then leads to it to that we can then scale down the fee next year until we have reached up to the target level of 3% of the guaranteed deposits by 2025.”
To the tax on banks is planned to be introduced later than resolutionsavgiftshöjningen – it is also one of the reasons for you stepping down the socket to the resolutionsreserven gradually?
”Yes, now we are working the intensively to develop a tax on banking operations in Sweden. It will be levied regardless of where it has its head office – it applies if you have the banking business in our country. The we work with high pressure and we hope to be able to introduce it to 2019″.
The last proposed tax as you pulled back was based on the banks ‘ payroll. Other opportunities can be a combination of payroll and profit, or to base the tax on banks ‘ balance sheets. What is the focus now in your work?
”It was quite a suggestions that came where jack was based on payroll. We are working currently hard to go through the different options, and we are not arrived yet. When we are ahead with a proposal on a bank tax, we will announce it”.
It is now in the long term will be less withdrawals resolutionsavgiftsmässigt – opens it up to the new tax on banks also can be based on a basis similar to that for resolutionsavgiften, thus the banks ‘ balance sheet rather than payroll?
”I can’t comment on at the moment. This is a proposal which we are still working with. When we have come forward and have better conditions for the tax on banks, we will of course communicate it well”.
”It should be possible to implement a bank tax from 2019, we need to work with a high tempo,” continues finansmarknadsministern. If the new tax is intended to meet a narrower range of companies than the previous proposal, the government it is necessary to notify the EUROPEAN commission and get an approval from there.
”The process usually take their time”, says Per Bolund.
Questions and comments always welcome in the newsroom[at]tradingportalen.com