Regulations amending Finansinspektionen’s regulations and general guidelines regarding insurance business (FFFS 2022:24)

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 2015:8) regarding insurance business; decided 16 December 2022. Finansinspektionen prescribes pursuant to section 2, points 1 and 5 of the Supplemental Provisions for the EU Regulation on a pan-European Personal Pension Product (PEPP) Ordinance (2022:1765) that Chapter 1, section 1 of Finansinspektionen’s regulations and general guidelines (FFFS 2015:8) regarding insurance business shall have the following wording.
Chapter 1
Section 1 These regulations contain provisions regarding insurance business that
supplement the Insurance Business Act (2010:2043) and Commission Delegated Regulation (EU) 2015/35 of 10 October 2014 supplementing Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II). For insurance undertakings that conduct insurance distribution, there are additional provisions in Finansinspektionen’s regulations (FFFS 2018:10) regarding insurance distribution. For insurance undertakings that are PEPP providers or PEPP distributors pursuant to Regulation (EU) 2019/1238 of the European Parliament and of the Council of 20 June 2019 on a pan-European Personal Pension Product (PEPP), there are additional provisions set out in Finansinspektionen’s regulations (FFFS 2022:20) regarding a pan-European personal pension product. _______________ These regulations shall enter into force on 01 January 2023. SUSANNA GRUFMAN Maria Garnau FFFS 2022:24 Published on 27 December 2022