Regulatory Alerts2014-12-15
Regulations amending reporting requirements for owners' qualifying holdings and participating interests
Finansinspektionen issued regulations amending FFFS 2011:14 to update the reporting obligations for owners' qualifying holdings and participating interests. The rules mandate that institutions report detailed information on owners holding 20 percent or more of capital or votes, including identification, percentage holdings, and consolidation status. Additionally, the regulations specify data requirements for subsidiary undertakings and define business codes for various financial and non-financial entities.
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