Regulatory Alerts2018-09-21
Regulations amending Finansinspektionen’s regulations regarding Swedish UCITS
Finansinspektionen issued regulations amending its Swedish UCITS rules to introduce new provisions in Chapter 22 concerning the receipt of funds and advice on fund units. The amendments require Swedish management companies receiving funds with reporting obligations to apply specific sections of the investment services regulations. Additionally, companies providing advice on fund units must comply with MiFID II delegated regulation articles and designated chapters of the investment services regulations. These changes entered into force on 1 August 2018.
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