Regulatory Alerts2022-02-24
Regulations amending Finansinspektionen’s regulations regarding the EUR rate in the area of insurance
Finansinspektionen, the Swedish financial supervisory authority, issued regulations amending its previous rules (FFFS 2015:22) concerning the application of the EUR exchange rate for mutual benefit societies. The amendment specifically updates the heading of the existing regulations to clarify their applicability to mutual benefit societies under the Insurance Business Act. These revised regulations entered into force on 1 November 2020.
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