Regulatory Alerts2022-02-24
General guidelines amending Finansinspektionen’s general guidelines regarding governance and control of financial undertakings
Finansinspektionen amended its general guidelines on governance and control of financial undertakings to remove mutual benefit societies from the scope and delete the second paragraph of Chapter 4, Section 1. The updated guidelines specify that the rules apply to exchanges, clearing organisations, and Svenska skeppshypotekskassan, while explicitly excluding central counterparties regulated under EU Regulation 648/2012. The amendments entered into force on 1 November 2020, with a transitional provision allowing mutual benefit societies to continue under older guidelines until the end of 2020.
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