Regulatory Alerts2024-10-08
Regulations amending Finansinspektionen’s regulations and general guidelines regarding annual reports at credit institutions and securities companies
Finansinspektionen issued regulations amending reporting requirements for credit institutions and securities companies to align with approved international accounting standards and Swedish recommendations. The amendments clarify that institutions may apply Swedish Financial Reporting Board Recommendation RFR 2 instead of specific IFRS rules and exempt unlisted securities companies with small balance sheets from most IFRS disclosure obligations. These changes, which remove IFRS 4 from the required list and update IFRS 16 and IAS 19 applications, enter into force on 1 January 2023.
Share