Regulatory Alerts2019-11-15
Regulations amending Finansinspektionen’s regulations regarding investment services and activities (FFFS 2019:9)
Finansinspektionen issued regulations amending its rules on investment services to introduce a new chapter governing authorisation for ancillary business. The amendments mandate specific documentation, ownership disclosures, and management details for securities companies applying for such authorisation while requiring designated risk management functions and client protection responsibilities. Additionally, the rules define minor non-monetary benefits that are permissible, subject to strict conditions regarding duration, compensation, and disclosure to ensure they do not detrimentally influence client interests.
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