Regulatory AlertsFinansinspektionen’s regulations regarding recovery plans, group recovery plans and intra-group financial support agreements
Finansinspektionen issued regulations requiring banks, credit market companies, and securities companies to include specific content in their recovery plans and establish intra-group financial support agreements. These rules implement the Bank Recovery and Resolution Directive and replace previous regulations, entering into force on 1 February 2016. Subsequent amendments introduced simplified obligations for smaller systemically important undertakings and granted the regulator authority to exempt entities from certain requirements, effective 15 July 2016.
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