Regulatory Alerts2012-03-14
Regulations amending Finansinspektionen’s regulations and general guidelines regarding payment institutions and registered payment service providers
Finansinspektionen issued these regulations to amend the rules governing payment institutions and registered payment service providers in Sweden. The document establishes detailed requirements for authorization applications, including mandatory business plans, ownership and management assessments, and capital forecasts. It further mandates strict organizational standards, risk management procedures, and notification protocols for cross-border operations and changes in control.
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