Finansinspektionen issued regulations and general guidelines to establish a clear and effective regulatory framework for covered bonds under the Covered Bonds (Issuance) Act. The rules require issuing institutions to revalue collateral, conduct sensitivity analyses, meet counterparty requirements, and fulfill enhanced duties for independent inspectors. These regulations apply to authorized banks and credit market undertakings and have been amended to align with EU regulations and statutory changes regarding overcollateralization and reporting.