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Sveriges Riksbank and the Four Criteria

In: The Origins and Nature of Scandinavian Central Banking

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  • Steffen Elkiær Andersen

Abstract

Since its foundation in 1668, the Riksbank had been governed by the six “fullmägtige”, appointed by and representing the three guaranteeing estates (two from each estate––see Chap. 3 ). They had a role comparable to non-executive directors. The practical daily affairs were taken care of by six “kommissarier”, each reporting to the relevant fullmägtiga. Some fullmägtige were members of the Assembly of the Estates, but mostly they were not. They reported to the “Sekrete Utskott”, (the “Secret Commission”) i.e. the commission of the Estates dealing with secret matters of state.

Suggested Citation

  • Steffen Elkiær Andersen, 2016. "Sveriges Riksbank and the Four Criteria," Palgrave Macmillan Studies in Banking and Financial Institutions, in: The Origins and Nature of Scandinavian Central Banking, chapter 8, pages 121-148, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-3-319-39750-4_8
    DOI: 10.1007/978-3-319-39750-4_8
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