Regulatory Alerts2016-09-02
Regulations amending Finansinspektionen’s regulations regarding transition rules for insurance business
Finansinspektionen issued regulations amending its 2015:21 rules to establish transitional deadlines for supervisory reporting and public disclosure by insurance undertakings and groups. The amendments specify phased submission timelines for annual and quarterly information, reducing the required weeks after balance sheet dates from 2016 through 2019 to align with EU Solvency II standards. These regulations entered into force on 1 February 2016 and apply to financial years commencing after 31 December 2015.
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