Regulatory AlertsFinansinspektionen’s Regulations and General Guidelines regarding governance, risk management and control at credit institutions
Finansinspektionen issued regulations requiring credit institutions to establish independent control functions, internal procedures, and specific governance structures to ensure robust risk management. The rules mandate the creation of risk committees for significant undertakings, the implementation of diversity policies and recovery plans, and adequate training resources for board members. These requirements, originally effective in April 2014, have been updated through subsequent amendments to align with EU regulations on digital operational resilience and MiFID 2.
Share