Payments Report 2025

The public's ability to pay in times of crisis and states of heightened alert needs to be strengthened

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The Riksbank takes the lead in peacetime crises and states of heightened alert

Published: 10 March 2025

In the event of more serious disruptions or in states of heightened alert, the Riksbank is responsible for collecting information and compiling a current picture for payments within the framework of the Riksbank's management function. The function is activated if an event occurs that affects or may affect the ability to maintain payments.

In the inquiry A new function for crisis management in the event of serious operational disruptions in the financial sector’s digital infrastructure it is proposed that the Riksbank shall be responsible for an operational function within the Financial services preparedness sector. The Riksbank has in its consultation response expressed support for the proposal for a new function under the Riksbank's responsibility in cooperation with Finansinspektionen, but considers that its crisis preparation tasks should be limited to what is necessary for it to function effectively in a crisis situation. This would require the Riksbank's management function to be extended to cover the entire preparedness sector, and not be limited to the payments area, which was pointed out in Payments Report 2024.