Rule · FI

Finansinspektionen's regulations regarding the EUR rate in the area of insurance

Finansinspektionen mandates that insurance undertakings and mutual benefit societies use the Riksbank's EUR exchange rate from the final business day in October for insurance-related calculations. The regulations specify that this rate must be applied as of 31 December 2011. Furthermore, the document establishes that as of 31 December 2012, one EUR corresponds to 8.62 SEK.

SwedenFinansinspektionen

In force from 2011-12-31

Summary

Every year, Finansinspektionen determines the EUR exchange rate that insurance undertakings and mutual benefit societies shall use when making insurance-related calculations. The EUR exchange rate is the Riksbank's rate on the final day of business in October. The undertakings shall apply the rate as of 31 December 2011.

Amendments

As of 31 December 2012, EUR 1 shall correspond to SEK 8.62 when applying the provisions set out in these regulations. Amendment 2012:8

Documents

FFFS 2011:48

Changes

Number

FFFS 2012:8

Date

2013-01-01

Heading

FFFS 2012:8

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Amended by

Regulations amending Finansinspektionen’s regulations regarding the EUR rate in the area of insurance2013 · FI
“Regulations amending Finansinspektionen’s regulations (FFFS 2011:48) regarding the EUR rate in the area of insurance”

Timeline

Amended 1 time · last 2013-04-23

2013-04-23FIRegulations amending Finansinspektionen’s regulations regarding the EUR rate in the area of insuranceamends