Regulations amending Finansinspektionen’s regulations regarding information concerning interest rates on housing loans

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 2015:1) regarding information concerning interest rates on housing loans; decided 20 June 2023. Finansinspektionen prescribes pursuant to Chapter 5, section 2, point 2 of the Banking and Financing Business Ordinance (2004:329) and section 12, point 5 of the Mortgage Business Ordinance (2016:1033) that section 2 of Finansinspektionen's regulations (FFFS 2015:1) regarding information concerning interest rates on housing loans shall have the following wording.
Section 2 In the regulations, terms and expressions shall have the same meaning as
in Chapter 2, section 1 of the Covered Bonds (Issuance) Act (2003:1223), Chapter 1, section 5 of the Banking and Financing Business Act (2004:297), section 2 of the Consumer Credit Act (2010:1846) and Finansinspektionen’s general guidelines (2023:20) regarding credits in consumer relationships. Instead of that set out in the first paragraph, the term “housing loan” is used in these regulations only in the meaning of a loan that is associated with a lien on a fixed property, site-leasehold right, tenant-owner right or similar right or that is associated with an equivalent right in a building that is not a property. _______________ These regulations shall enter into force on 01 September 2023. DANIEL BARR Anna Hult FFFS 2023:19 Published on 27 June 2023