Regulatory Alerts2014-12-15
Regulations amending Finansinspektionen’s regulations on special supervision of financial conglomerates
Finansinspektionen issued regulations amending its guidelines on the special supervision of financial conglomerates to align with EU prudential requirements. The amendments modify Chapter 3 Section 4 and Appendix 4 sections D13-D16 to ensure capital requirements are adjusted proportionally when using consolidation methods for undertakings under Regulation (EU) No 575/2013. These changes mandate specific reporting of capital requirements for each financial sector and clarify the treatment of notional capital for non-regulated units within the conglomerate.
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