Regulatory Alerts2024-05-08
Regulations amending Finansinspektionen’s regulations regarding amortisation of loans collateralised by residential property
Finansinspektionen amended Section 10 of its regulations (FFFS 2016:16) to mandate that lending undertakings must inform borrowers in writing about the basis for calculating amortisation requirements. The revised rules require institutions to promptly provide this information upon request, either electronically or through another suitable method. These regulations entered into force on 1 September 2024.
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