Finansinspektionen’s regulations and general guidelines regarding supervisory reporting for insurance business (FFFS 2015:13)

Finansinspektionen’s regulations and general guidelines regarding supervisory reporting for insurance business

In force from 2016-01-01

Summary

The regulations apply to insurance undertakings and where applicable also to the group level. They replace nine older regulations and general guidelines on the reporting of information by insurance undertakings to Finansinspektionen.

Finansinspektionen is introducing requirements on reporting that are based on both the EU supervisory reporting as well as the supplementary national supervisory reporting that is judged to be necessary for supervision and statistics purposes. The regulations state in part which supervision reports undertakings shall submit and when the reports shall have been submitted to Finansinspektionen.

The regulations enter into force on 1 January 2016.

Amendments

The amended regulations entail that the provisions on reporting of material events do not apply to the reporting of serious ICT-related incidents referred to in Article 19 in EU Regulation on digital operational resilience for the financial sector.

The amendments enter into force on 17 January 2025. Amendment 2024:30

References to the Commission Implementation Regulation (EU) 2015/2452 in the regulations have been replaced by references to Commission Implementation Regulation (EU) 2023/894. In addition, a few references to various forms in the regulation appendices have been adjusted. The reason for the amendments is that the Commission has adopted a new implementation regulation that will come into effect on 1 January 2024.

The amendments enter into force on 1 January 2024. Amendment 2023:24

FI adds a disclosure that there are additional provisions set out in Finansinspektionen's regulations (FFFS 2022:20) regarding a pan-European personal pension product for insurance undertakings that are PEPP providers pursuant to Regulation (EU) 2019/1238 of the European Parliament and of the Council of 20 June 2019 on a pan-European Personal Pension Product (PEPP).

The amendments enter into force on 1 January 2023. Amendment 2022:25

The amendments entail that the insurance associations that have been granted an exemption pursuant to Chapter 1, section 19d of the Insurance Business Act (2010:2043) are no longer subject to these regulations.

The amendments enter into force from 1 November 2020. Amendment 2020:22

The regulations are being amended since Finansinspektionen's regulations and general guidelines (FFFS 2015:12) regarding annual reports in insurance undertakings has been repealed and replaced by a new basic regulation. The amendments entail primarily that the references to the existing accounting regulations have been changed to the new accounting regulations. Amendment 2019:26 The amendments enter into force on 1 January 2020.

The regulations have been amended primarily due to the publication of Commission Implementing Regulations (EU) 2015/2450 and (EU) 2015/462 in the Official Journal of the European Union on 31 December 2015. The amendments consist primarily of references that were added to the mentioned implementing regulations. An information provision was also inserted in Chapter 5 about the transition provisions with special deadlines for reporting that are set out in Chapter 6 of FFFS 2015:21. These amendments do not materially change the content of the regulations. Finally, a correction is implemented in Section E. E. Specification of earnings information, annual in Appendix 5 of FFFS 2015:13.

The amendments enter into force on 1 February 2016. amendment 2016:4

Documents

FFFS 2015:13

Changes

Number

FFFS 2024:30

Date

2025-01-17

Heading

FFFS 2024:30

Number

FFFS 2023:24

Date

2024-01-01

Heading

FFFS 2023:24

Number

FFFS 2022:25

Date

2023-01-01

Heading

FFFS 2022:25

Number

FFFS 2020:22

Date

2020-11-01

Heading

FFFS 2020:22

Number

FFFS 2019:26

Date

2019-12-10

Heading

FFFS 2019:26

Number

FFFS 2016:4

Date

2016-02-01

Heading

FFFS 2016:4