Regulatory Alerts2019-12-03
Regulations amending Finansinspektionen’s regulations and general guidelines regarding mortgage lending business
Finansinspektionen issued regulations amending its mortgage lending rules to clarify compliance requirements for foreign credit institutions operating in Sweden. The amendments specify that foreign institutions conducting business via a Swedish branch must follow specific chapters, while those offering services from their home country are subject to different provisions regarding staff. Additionally, a new section mandates that Swedish credit intermediaries notify Finansinspektionen of any changes to their submitted information, with the rules entering into force on 15 July 2019.
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