Regulatory Alerts2019-12-23
Regulations amending Finansinspektionen’s regulations regarding Swedish UCITS (FFFS 2019:17)
Finansinspektionen amended its regulations on Swedish UCITS to mandate specific disclosure requirements for prospectuses and annual reports. The changes require funds to report volatility relative to a benchmark index using monthly data from the past two years and to include detailed ten-year performance comparisons in annual reports. Additionally, the directors' report must now contain information regarding the level of activity in fund management relative to a benchmark index.
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