Regulatory Alerts2018-11-15
Regulations amending Finansinspektionen’s regulations regarding institutions for electronic money and registered issuers
Finansinspektionen amended its regulations for institutions for electronic money and registered issuers to align with Directive (EU) 2015/2366. The changes introduce new application requirements, including a EUR 350,000 initial capital proof, three-year financial forecasts, and detailed business plans covering risk assessments and anti-money laundering procedures. Additionally, the regulator updated operational rules for cross-border activities within the EEA and established stricter governance standards for compliance and risk control functions.
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