Regulations amending Finansinspektionen’s regulations regarding special supervision of financial conglomerates

Finansinspektionen’s Regulatory Code
Publisher: Acting Chief Legal Counsel Sophie Degenne, 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 2011:26) regarding special supervision of financial conglomerates; decided on 10 December 2024. Finansinspektionen prescribes pursuant to section 2, point 3 of the Special Supervision of Financial Conglomerates Ordinance (2006:627) that Chapter 3,
section 4 of Finansinspektionen’s regulations and general guidelines (FFFS 2011:26)
regarding special supervision of financial conglomerates shall have the following wording.
Chapter 3
Section 4 A financial conglomerate that calculates own funds and capital
requirements pursuant to the consolidation method and uses the capital requirements that apply to an undertaking included in a consolidated situation pursuant to Article 18 of Regulation (EU) No 575/2013 of the European Parliament and of the Council on prudential requirements for credit institutions and amending Regulation (EU) No 648/2012 or to an insurance group shall adjust the capital requirements if required so that the undertakings in the financial conglomerate are included at the same proportion in the conglomerate’s capital requirements and its own funds. _______________ These regulations shall enter into force on 01 January 2025. DANIEL BARR Niclas Lindegren FFFS 2024:15 Published on 16 December 2024