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CORRECT: Sweden Should Tighten Bank Capital Rules, Borg Says

Jan. 16 (Bloomberg) -- (Corrects buffer numbers in last bullet.)

Core Tier 1 capital rule may be raised above 12% by 2015 for Swedish banks, Swedish Finance Minister Anders Borg tells reporters in Stockholm. * Sweden should move toward even stricter bank rules * Borg to discuss potential new regulation with Riksbank, FSA * To issue road map on future capital rules in spring * Sweden must continue to reform welfare model * Raised taxes as proposed by opposition parties biggest threat to welfare model * NOTE: Swedish capital requirement for all Swedish banks of 12% by 2015 includes 4.5% minimum requirement for CET 1, 2.5% capital conservation buffer, 5% systemic risk buffer

To contact the reporter on this story: Johan Carlstrom in Stockholm at jcarlstrom@bloomberg.net

To contact the editor responsible for this story: James Ludden at jludden@bloomberg.net

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