Regulatory Alerts2024-12-20
Regulations Amending Rules Governing Operations on Trading Venues (FFFS 2024:8)
Finansinspektionen has amended its regulations governing operations on trading venues to streamline authorization procedures and update capital adequacy requirements for stock exchanges, securities institutions, and trading facilities. The revised rules mandate that applicants submit detailed documentation including board approvals, auditor certificates, and business plans, while standardizing information disclosure for ownership changes and management appointments at regulated markets. Additionally, stock exchanges must now notify the authority prior to acquiring property valued at least at SEK 10 million and representing 10 to 25 percent of their own funds, with the amendments taking effect on 1 July 2024.
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