2023-12-20
Finansinspektionen issued regulations amending its previous rules on position limits to align with EU Commission Delegated Regulation (EU) 2022/1302. The new provisions repeal the previous appendix and establish a uniform position limit of 10,000 lots for commodity derivatives in both the spot month and other months. These amendments entered into force on 1 January 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 Regulations amending Finansinspektionen’s regulations (FFFS 2017:22) regarding position limits; decided 07 December 2023. Finansinspektionen prescribes pursuant to Chapter 6, section 1, point 45 of the Securities Market Ordinance (2007:572) in respect of Finansinspektionen’s regulations (FFFS 2017:22) regarding position limits in part that the Appendix shall be repealed, in part that sections 1 and 2 shall have the following wording. Section 1 In these regulations the terms and expressions shall have the same meaning as in the Securities Market Act (2007:528). Section 2 For commodity derivatives referred to in Article 17(1) of Commission Delegated Regulation (EU) 2022/1302 of 20 April 2022 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards for the application of position limits to commodity derivatives and procedures for application for exemption from position limits, the position limit shall be 10,000 lots for the spot month and other months.
These regulations shall enter into force on 01 January 2024. DANIEL BARR Natalina Nassar FFFS 2023:21 Published on 13 December 2023