Regulatory Alerts2012-01-09
Added · Updated
Regulations repealing Finansinspektionen's regulations on foreign management companies and collective investment undertakings in Sweden
Finansinspektionen, Sweden's financial supervisory authority, has issued regulations to repeal its previous rules (FFFS 2004:3) concerning the operations of foreign management companies and foreign collective investment undertakings in Sweden. This legislative action removes the prior regulatory framework that governed these entities' activities within the country. The repeal is scheduled to enter into force on 1 August 2011.
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