Regulatory Alerts2022-07-07
Regulations amending Finansinspektionen’s regulations regarding Swedish UCITS
Finansinspektionen amended its regulations on Swedish UCITS to introduce a new Chapter 8a governing remuneration structures and define key terms related to risk and staff categories. The rules mandate that management companies establish documented remuneration policies aligned with sound risk management, ensuring variable pay is deferred, risk-adjusted, and largely paid in fund units. Additionally, the amendments require significant firms to appoint a remuneration committee and ensure control functions review compliance with these governance standards annually.
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