Regulatory Alerts2016-06-21
Regulations amending Finansinspektionen’s regulations governing operations on trading venues
Finansinspektionen issued regulations amending its rules on trading venues to repeal Chapter 13, section 3 and revise Chapter 13, section 2. The revised section 2 mandates that limited liability companies register trading in their own shares with a Swedish securities exchange where those shares are admitted to trading on a regulated market. These regulations entered into force on 3 July 2016.
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. 1 Regulations amending Finansinspektionen’s regulations (FFFS 2007:17) governing operations on trading venues; decided on 20 June 2016. Finansinspektionen prescribes pursuant to section 4, point 11 of the Financial Instruments Trading Ordinance (2007:375) with respect to Finansinspektionen’s regulations (FFFS 2007:17) regarding operations on trading venues in part that Chapter 13, section 3 shall be repealed, in part that Chapter 13, section 2 shall have the following wording, Chapter 13 Section 21 A limited liability company referred to in section 1 shall register trading in own shares to a Swedish securities exchange where the shares are admitted to trading on a regulated market.
These regulations shall enter into force on 3 July 2016. ERIK THEDÉEN Tobias Björklund
1 The change entails that the second paragraph has been removed. FFFS 2016:19 Published on 27 June 2016