Regulations amending Finansinspektionen’s regulations regarding activities of payment service providers

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 (FFFS 2018:4) regarding activities of payment service providers; decided on 15 March 2022. Finansinspektionen prescribes pursuant to section 5, section 13 of the Institutions for Payment Services Ordinance (2010:1008) that Chapter 6, section 4 of Finansinspektionen’s regulations (FFFS 2018:4) regarding activities of payment service providers shall have the following wording.
Chapter 6
4 § A payment service provider shall report to Finansinspektionen the occurrence of a serious operational incident or security incident in its operations. For its reporting, the provider shall use the form for serious incidents that is available on Finansinspektionen’s website. The information shall be provided in accordance with sections A–C of the form in the manner described in more detail on Finansinspektionen’s website

1. within four hours from when an operational incident or a security incident has
   been classified as serious (Section A),
2. with updated information when such is available and no later than within three
   business days from when the information pursuant to point 1) were submitted (section B), and
3. no later than 20 business days after thee operations function normally again
   (section C).

These regulations shall enter into force on 01 April 2022.
ERIK THEDÉEN
Gunilla Lundgren
FFFS 2022:6
Published on
21 March 2022