Regulatory Alerts2025-09-17
Finansinspektionen’s Regulations on Deposit Systems
Finansinspektionen issued regulations requiring banking and securities undertakings to manage deposit systems using IT capabilities that automatically compile depositor data in compliance with Swedish National Debt Office standards. The rules mandate that internal audit functions conduct annual reviews of these systems' technical and administrative security procedures, reporting findings to the board of directors if no such function exists. These provisions, which repeal previous 2014 guidelines, enter into force on 17 January 2025.
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