Regulatory Alerts2022-09-20
Regulations amending Finansinspektionen’s regulations regarding alternative investment fund managers
Finansinspektionen amended its regulations on alternative investment fund managers to require AIF managers receiving funds with reporting obligations to apply specific investment services rules. The amendments also mandate that AIF managers of special funds submit quarterly summaries detailing holdings, net asset value, fees, and various risk exposures such as counterparty and group exposure. These summaries must be submitted to the regulator by the fourteenth day of the following month, or the twentieth day for funds approved under specific provisions, with the regulations entering into force on January 1, 2021.
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