Regulatory Alerts2025-09-17
Regulations amending supervisory reporting for insurance business (FFFS 2024:30)
Finansinspektionen issued regulations amending its supervisory reporting rules for insurance business to align with EU digital operational resilience standards. The amendment inserts a new section excluding ICT-related incident reporting from Chapter 4 provisions, thereby deferring to Article 19 of the DORA Regulation. These changes enter into force on 17 January 2025.
Finansinspektionen’s Regulatory Code Publisher: Acting Chief Legal Counsel Sophie Degenne, Finansinspektionen, Sweden, www.fi.se ISSN 1102-7460 This translation is furnished solely for information purposes. Only the printed version of the regulation in Swedish applies for the application of the law. 1 Regulations amending Finansinspektionen’s regulations and general guidelines (FFFS 2015:13) regarding supervisory reporting for insurance business; decided on 18 December 2024. Finansinspektionen prescribes pursuant to Chapter 7, section 2, point 60 of the Insurance Business Ordinance (2011:257) that a new section, Chapter 1, section 2b, shall be inserted into Finansinspektionen’s regulations and general guidelines (FFFS 2015:13) regarding supervisory reporting for insurance business with the following wording. Chapter 1 Section 2b The provisions set out in Chapter 4 do not apply to the reporting of ICTrelated incidents pursuant to Article 19 of Regulation (EU) 2022/2554 of the European Parliament and of the Council of 14 December 2022 on digital operational resilience for the financial sector and amending Regulations (EC) No 1060/2009, (EU) No 648/2012, (EU) No 600/2014, (EU) No 909/2014 and (EU) 2016/1011.
These regulations shall enter into force on 17 January 2025. DANIEL BARR Agneta Blomquist FFFS 2024:30 Published on 27 December 2024