Regulatory Alerts2016-02-08
Regulations Amending Finansinspektionen’s Rules on Trading Venue Operations
Finansinspektionen has amended its regulations governing trading venues, stock exchanges, and clearing organizations to update ownership assessment procedures and management notification requirements. The revised rules mandate that business plans reference established guidelines for reporting material significance events, require detailed appendices for applications involving qualifying holdings or management changes, and obligate firms to notify the regulator of specific board and executive appointments. Additionally, the amendments shorten the maximum short holding period for financial instruments to two trading days and take effect on 1 March 2016.
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