Regulatory Alerts2023-12-11
Regulations amending Finansinspektionen’s regulations regarding Swedish UCITS
Finansinspektionen issued regulations amending its rules on Swedish UCITS to define applicable provisions for foreign and domestic management companies operating in Sweden. The amendments introduce new definitions for terms such as swing factor and sustainability risk, while establishing specific organizational and remuneration requirements for specially regulated staff. Additionally, the rules mandate detailed prospectus disclosures regarding fees and require fund rules to clearly describe the calculation and application of adjusted fund unit values.
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