Regulatory Alerts2018-11-15
Added · Updated
Regulations amending Finansinspektionen’s regulations regarding institutions for electronic money and registered issuers
Finansinspektionen amended its regulations for institutions for electronic money and registered issuers to align with Directive (EU) 2015/2366. The changes introduce new application requirements, including a EUR 350,000 initial capital proof, three-year financial forecasts, and detailed business plans covering risk assessments and anti-money laundering procedures. Additionally, the regulator updated operational rules for cross-border activities within the EEA and established stricter governance standards for compliance and risk control functions.
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