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2022-09-27

Regulations amending Finansinspektionen’s regulations and general guidelines regarding information security, IT operations and deposit systems

Finansinspektionen issued regulations amending its guidelines on information security, IT operations, and deposit systems to update the scope of applicable entities. The amended Chapter 1, Section 2 explicitly lists seven categories of financial institutions, including banking companies, investment firms, and clearing undertakings, to which these rules apply. The provisions are to be applied at the group or subgroup level, with specific exemptions for clearing operations, and the regulations entered into force on 7 July 2021.

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Finansinspektionen’s Regulatory Code Publisher: Chief Legal Counsel Eric Leijonram, Finansinspektionen, Sweden, www.fi.se ISSN 1102-7460 This translation is furnished solely for information purposes. Only the printed version of the regulation in Swedish applies for the application of the law. 1 Regulations amending Finansinspektionen’s regulations and general guidelines (FFFS 2014:5) regarding information security, IT operations and deposit systems; decided on 22 June 2021. Finansinspektionen prescribes pursuant to Chapter 5, section 2, point 5 of the Banking and Financing Business Ordinance (2004:329) and Chapter 6, section 1, points 9–13 of the Securities Market Ordinance (2007:572) that Chapter 1, section 2 of Finansinspektionen’s regulations and general guidelines (FFFS 2014:5) regarding information security, IT operations and deposit systems shall have the following wording. Chapter 1 Section 2 These regulations apply to

  1. banking companies,
  2. savings banks,
  3. members’ banks,
  4. credit market companies,
  5. credit market associations,
  6. investment firms as referred to in Chapter 1, section 2, first paragraph, points 7 c–f of the Special Supervision of Credit Institutions and Investment Firms Act (2014:968), and
  7. undertakings with authorisation to conduct clearing operations in accordance with Chapter 19 of the Securities Market Act (2007:528). The provisions set out in Chapters 1–3, in accordance with Chapter 3, section 4 of the Special Supervision of Credit Institutions and Investment Firms Act (2014:968), shall be applied at group or subgroup level. The provisions set out in Chapter 4 do not apply to undertakings referred to in the first paragraph, point 7.

These regulations shall enter into force on 07 July 2021. ERIK THEDÉEN Kristina Wollter FFFS 2021:23 Published on 30 June 2021

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