The Prime Minister, Minister of Finance, Minister of Economic Affairs, governor of the Central Bank and director of the Financial Services Authority signed an agreement establishing the committee on financial stability. This agreement is based on a previous agreement between the ministries and institutions from 2006 which addresses cooperation in the field of financial stability and financial crisis prevention.
A co-operation agreement on cross-border financial stability, crisis management and resolution between the finance ministries and other relevant ministries, central banks and financial supervisory authorities of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden has been signed. The agreement enhances preparedness to handle cross-border financial stability concerns in the financially integrated Nordic-Baltic region. It also establishes the first European cross-border stability group.