Regulatory AlertsFinansinspektionen's regulations regarding ownership, ownership management and management assessment in credit institutions
Finansinspektionen issued regulations requiring banks and credit market companies to submit specific information regarding ongoing ownership, ownership management, and management assessments. These rules apply to continuous supervision activities but explicitly exclude the initial authorization phase, which remains governed by Commission Delegated Regulation (EU) 2022/2580. The document establishes the reporting obligations necessary for the regulator to conduct efficient supervision of credit institutions.
Finansinspektionen's regulations regarding ownership, ownership management and management assessment in credit institutions.
In force from 2023-07-18
Summary
These regulations apply to banks and credit market companies. They regulate the information that undertakings must submit to Finansinspektionen in conjunction with ownership, ownership management and management assessments. These regulations apply for ongoing ownership, ownership management and management assessments, but not for the time of authorisation. Instead, what applies for the time of authorisation is the Commission Delegated Regulation (EU) 2022/2580 of 17 June 2022 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards that specify the information to be submitted in a credit institute's authorisation application and the factors that can prevent competent authorities to conduct efficient supervision.
Documents
FFFS 2023:13