Regulatory Alerts2021-01-01 | FIN-FSA Regulations and guidelines 5/2021Prudential reporting for investment firms (IF)
The Financial Supervisory Authority (FIN-FSA) has issued binding regulations and guidelines mandating investment firms to submit prudential supervisory data in specified electronic formats. The framework establishes precise reference and remittance dates for reporting, aligns with EU Implementing Regulation 2021/2284, and directs firms to FIN-FSA’s published data collection instructions. Supervised entities must also prepare and retain a signed declaration verifying the accuracy of their reported information, which requires updating whenever reporting processes or responsible personnel change.
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