2024-12-20

Regulations amending Finansinspektionen’s regulations on information security, IT operations and deposit systems (FFFS 2024:11)

Finansinspektionen amended Chapter 1, section 2 of its regulations (FFFS 2014:5) to define the scope of applicability for banking companies, savings banks, members’ banks, credit market entities, and specific securities companies. The provisions within Chapters 1 through 3 are mandated to be applied at the group or subgroup level in accordance with the Credit Institutions and Securities Companies (Special Supervision) Act. These regulatory changes entered into force on 1 July 2024.

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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 18 June 2024. Finansinspektionen prescribes pursuant to Chapter 6, section 1, point 54 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 21 These regulations apply to the following undertakings:

  1. banking companies,
  2. savings banks,
  3. members’ banks,
  4. credit market companies,
  5. credit market associations, and
  6. securities companies as referred to in Chapter 1, section 2, first paragraph, point 7c–g of the Credit Institutions and Securities Companies (Special Supervision) Act (2014:968). The provisions set out in Chapters 1–3, in accordance with Chapter 3, section 4 of the Credit Institutions and Securities Companies (Special Supervision) Act, shall be applied at group or subgroup level.

These regulations shall enter into force on 01 July 2024. DANIEL BARR Axel Olofsson 1 The change entails in part that the third paragraph has been removed. FFFS 2024:11 Published on 25 June 2024