Regulatory Alerts2011-10-03
Regulations Repealing Swedish Occupational Pensions' Annual Report Data Reporting Obligations
Finansinspektionen issued regulations to repeal its previous rules (FFFS 2008:20) concerning Swedish occupational pension funds' obligation to report data from annual reports. The repeal takes effect at the end of April 2011, removing the reporting requirement for these entities. However, the old regulations continue to apply to mutual benefit societies that are still conducting business or are in liquidation under the Insurance Business Act implementation framework.
Finansinspektionen’s Regulatory Code Publisher: Finansinspektionen, Sweden, www.fi.se ISSN 1102-7460 This translation is furnished for information purposes only and is not itself a legal document. FFFS 2011:25 Published on 4 April 2011 Regulations repealing Finansinspektionen’s regulations (FFFS 2008:20) regarding Swedish occupational pensions’ obligation to report data from the annual report; decided on 17 March 2011. Finansinspektionen prescribes pursuant to section 56 of the Insurance Business Ordinance (1982:790) that Finansinspektionen’s regulations (FFFS 2008:20) regarding Swedish occupational pension funds’ obligation to report data from the annual report shall be repealed at the end of April 2011. With regard to mutual benefit societies, which pursuant to section 7 of the Act (2010:2044) on the Implementation of the Insurance Business Act (2010:2043) may continue to conduct business or are in liquidation, the old regulations shall apply. MARTIN ANDERSSON Louise Conradi 1