Regulatory Alerts2017-10-03
Finansinspektionen’s General Guidelines Amending Governance and Control Rules for Financial Undertakings
Finansinspektionen issued amendments to its general guidelines on governance and control for financial undertakings, including exchanges, central securities depositories, and insurance intermediaries. The updated regulations mandate that parent companies ensure common internal rules across groups, centralize risk and compliance functions where feasible, and strictly manage outsourcing activities and conflicts of interest. These changes, which repeal and renumber specific sections, entered into force on January 1, 2016.
Share