Regulations amending Finansinspektionen’s regulations regarding payment institutions and registered payment service providers

Finansinspektionen’s Regulatory Code Publisher: Finansinspektionen, Sweden, www.fi.se ISSN 1102-7460 This translation is furnished for information purposes only and is not itself a legal document. 1 Regulations amending Finansinspektionen’s regulations and general guidelines (FFFS 2010:3) regarding payment institutions and registered payment service providers; decided on 26 June 2014. Finansinspektionen prescribes pursuant to section 5, points 2 and 8 of the Payment Services Ordinance (2010:1008) that Chapter 3, section 11 and Chapter 9, section 1 of Finansinspektionen’s regulations and general guidelines (FFFS 2010:3) regarding payment institutions and registered payment service providers shall have the following wording. Chapter 3 Section 11 The information for management assessment with regard to the natural person and the person responsible for the payment service operations shall be appended as set out in Chapter 6, section 5. Chapter 9 Section 1 A payment institution shall apply the provisions in this chapter when calculating its capital requirement in accordance with Chapter 3, section 3 of the Payment Services Act (2010:751). After an application is submitted in accordance with Chapter 2, section 1, Finansinspektionen decides which method the firm shall use. Provisions for calculating own funds and their composition are provided in Articles 25–91 of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012, and Chapter 3, section 1 and sections 3–11 of Finansinspektionen’s regulations (FFFS 2014:12) regarding prudential requirements and capital buffers.

These regulations shall enter into force on 2 August 2014. ANNIKA ZERVENS Camilla Edvardsson FFFS 2014:20 Published on 9 July 2014