Regulatory AlertsFinansinspektionen’s regulations regarding a pan-European personal pension product (FFFS 2022:20)
Finansinspektionen issued these regulations to supplement EU Regulation 2019/1238 and the PEPP Act (2022:1746) regarding pan-European personal pension products. The rules apply to natural and legal persons acting as PEPP providers and distributors, imposing specific obligations on their operations. Key requirements include ensuring the knowledge and competence of personnel providing advice and mandating supervisory reporting by PEPP providers.
Finansinspektionen’s regulations regarding a pan-European personal pension product
In force from 2023-01-01
Summary
In force from 2023-01-01The regulations supplement, among others, Regulation (EU) 2019/1238 of the European Parliament and of the Council of 20 June 2019 on a pan-European Personal Pension Product (PEPP) and Supplemental Provisions for the EU Regulation on a pan-European Personal Pension Product (PEPP) Act (2022:1746). The regulations target natural and legal persons that are PEPP providers and PEPP distributors pursuant to the EU Regulation. They place requirements on, for example, the knowledge and competence of natural persons providing advice related to PEPP products and PEPP providers' supervisory reporting.
Documents
FFFS 2022:20