Regulatory Alerts2022-02-28
Finansinspektionen’s regulations regarding the obligation of firms conducting securities business through branches in Sweden to report certain information (FFFS 2021:11)
Finansinspektionen issued regulations requiring non-EEA undertakings operating securities branches in Sweden to submit annual reports detailing their operational scale, financial metrics, investor protection arrangements, risk management policies, governance structure, and client numbers. Firms engaging in proprietary trading must additionally report monthly counterparty exposure data within the EEA, while those underwriting financial instruments with fixed commitments must disclose the total value of such instruments originated from EEA counterparties over the preceding twelve months. These reporting obligations are to be executed according to specifications published on the authority's website and the regulations entered into force on 7 July 2021.