Regulatory Alerts2024-12-20
General guidelines amending Finansinspektionen’s general guidelines regarding governance and control of financial undertakings
Finansinspektionen issued this regulation on 18 June 2024 to amend Chapter 1, Section 2 of its general guidelines (FFFS 2005:1) concerning governance and control of financial undertakings. The amendment modifies the scope of application by specifying that the guidelines apply to stock exchanges and Svenska skeppshypotekskassan, while recommending their application to groups and financial conglomerates where appropriate. The revised guidelines entered into force on 1 July 2024.
Finansinspektionen’s Regulatory Code Publisher: Chief Legal Counsel Eric Leijonram, Finansinspektionen, Sweden, www.fi.se ISSN 1102-7460 This translation is furnished solely for information purposes. Only the printed version of the regulation in Swedish applies for the application of the law. 1 General guidelines amending Finansinspektionen’s general guidelines (FFFS 2005:1) regarding governance and control of financial undertakings; decided on 18 June 2024. Finansinspektionen decides that Chapter 1, section 2 of Finansinspektionen’s general guidelines (FFFS 2005:1) regarding governance and control of financial undertakings shall have the following wording. Chapter 1 Section 21 These general guidelines apply to – stock exchanges, and – Svenska skeppshypotekskassan. If appropriate, the general guidelines should also be applied to groups and financial conglomerates.
These general guidelines shall enter into force on 01 July 2024. DANIEL BARR Axel Olofsson 1 The change entails in part that the third paragraph has been removed. FFFS 2024:7 Published on 25 June 2024