Regulations amending Finansinspektionen’s regulations regarding Swedish UCITS

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 2013:9) regarding Swedish UCITS; decided 13 December 2022. Finansinspektionen prescribes pursuant to section 18, points 24 and 25 of the Swedish UCITS Ordinance (2013:588) that Chapter 30, sections 1 and 2 and Chapter 32, section 5 of Finansinspektionen’s regulations (FFFS 2013:9) regarding Swedish UCITS shall have the following wording.
Chapter 30
Section 1 A Swedish management company may provide a key investor
information document1 or a prospectus for a Swedish UCITS via a durable medium or on the company’s website. A paper copy of the key investor information document and the prospectus shall be provided to investors free of charge. The key investor information document shall always be available on the Swedish management company’s website. The provisions regarding conditions that apply when a key investor information document or a prospectus for a Swedish UCITS is provided in a durable medium other than paper or on a website are set out in Article 38 of Commission Directive (EU) No. 583/2010. That set out in the first to third paragraphs does not apply to key investor information documents as referred to in Chapter 4, section 16b of the Swedish UCITS Act (2004:46).
Section 2 The key investor information document and the prospectus for a Swedish
UCITS shall be provided in Swedish.
That set out in the first paragraph does not apply to key investor information documents as referred to in Chapter 4, section 16b of the Swedish UCITS Act (2004:46). 1 Please note that ‘key investor information document’ is a translation of 'faktablad’ as used in the Swedish legislation. The Swedish word ‘faktablad’ (and thus, its translation here) is neutral and includes both ‘key information document’ as used in the PRIIPs Regulation (EU/1286/2014) and ‘key investor information document’ as used in the UCITS Directive (2009/65/EC) and Commission Regulation (EU) No 583/2010. FFFS 2022:18 Published on 19 December 2022

FFFS 2022:18
2
Chapter 32
Section 5 A foreign UCITS conducting operations pursuant to Chapter 1, section 7
of the Swedish UCITS Act (2004:46) shall provide the undertaking’s key investor information document to investors in Swedish. That set out in the first paragraph does not apply to key investor information documents as referred to in Chapter 4, section 16b of the Swedish UCITS Act. _______________ These regulations shall enter into force on 01 January 2023. SUSANNA GRUFMAN Mattias Laine