Regulatory Alerts2018-08-14
Regulations amending Finansinspektionen’s regulations and general guidelines regarding financial advice to consumers
Finansinspektionen issued regulations amending its guidelines on financial advice to consumers to clarify the scope of applicability for supervised undertakings. The amendments specify that the rules do not apply to Swedish and foreign management companies under the UCITS Act, securities institutions under the Securities Market Act, or AIF managers under the Alternative Investment Fund Managers Act. These regulations entered into force on 1 August 2018, with transitional provisions allowing certain insurance intermediaries to continue operations under older provisions until after 1 October 2018.
Share