Riksbank's Regulations (RBFS 2002:4) on the Obligation to Provide Information to the Riksbank for Statistics on Sweden's Balance of Payments and International Investment Position; decided on 18 December 2002.

The Riksbank prescribes the following with reference to Chapter 6, Section 9 of the Act (1988:1385) on the Riksbank.

Definitions

Section 1 In these regulations, the following terms are meant:

• foreign counterparty: legal person, physical person, authority, branch, and international organizations with a foreign address;
• factor income: wages and return on capital;
• transfer: transfer of real or financial assets without consideration;
• direct investment relationship: direct or indirect ownership of at least 10% of the votes or capital in companies or commercial real estate abroad or in Sweden, as well as claims or debts against sister companies within a group;
• direct investment: financial transactions within a direct investment relationship, e.g., acquisition, new formation, follow-up investment including loans, establishment of branches, and liquidation;
• financial instruments: various forms of securities and derivatives that are designed in such a way that they ensure the holder a certain right or obligation that can usually be converted into money;
• custodian: legal person that, for its own or another's account, stores and manages financial instruments.

Reporting Obligation

Section 2 Anyone who, for their own or another's account, has executed transactions with a foreign counterparty or held assets and liabilities with a foreign connection is obliged, upon request, to provide the Riksbank with the information needed as a basis for the Riksbank's balance of payments statistics and statistics on the international investment position.

Riksbank's Code of Statutes
ISSN 0349-8344
RBFS 2002:4
Published on 23 December 2002

Reporting of Services, etc.

Section 3 Anyone who, for their own or another's account, executes transactions with a foreign counterparty concerning services, transfers, factor income, and acquisition/disposal of rights shall, upon request by the Riksbank, report these.

Trade in Travel Currency

Section 4 Anyone who conducts trade in travel currency with the general public shall, upon request by the Riksbank, report such trade.

Reporting of Credit Cards

Section 5 Companies that issue or administer credit cards shall, upon request by the Riksbank, report the use of credit cards abroad by Swedish legal persons or physical persons residing in Sweden. The same applies to the use of credit cards in Sweden by foreign legal persons or physical persons residing abroad.

Reporting of Direct Investment

Section 6 Anyone who is in a direct investment relationship with someone abroad shall, upon request by the Riksbank, report transactions, assets, and liabilities as well as returns.

Transactions with Financial Instruments, etc.

Section 7 Anyone who, for their own or another's account, executes a transaction with financial instruments with a foreign counterparty shall, upon request by the Riksbank, report such transaction to the Riksbank. However, a transaction that represents a direct investment shall be reported according to Section 6.

Section 8 Custodians shall, upon request by the Riksbank, report Swedish legal or physical persons' holdings in custody of financial instruments issued by foreign legal persons or foreign authorities, as well as foreign counterparties' holdings in custody of financial instruments issued by Swedish legal persons or Swedish authorities.

Section 9 Physical persons and other legal persons than those referred to in Section 8 shall, upon request by the Riksbank, report holdings of financial instruments issued by foreign legal persons or foreign authorities, as well as financial instruments stored in foreign custodians issued by Swedish legal persons or Swedish authorities.

Reporting of Other Transactions with Foreign Counterparties as well as Assets and Liabilities Abroad

Section 10 Physical and legal persons, branches, and authorities who have other transactions or assets/liabilities with foreign counterparties than those specified in Sections 6–9 shall, upon request by the Riksbank, report these.

Reporting Times, etc.

Section 11 Monthly and quarterly information shall be provided no later than the 15th of the following month, unless otherwise stated in these regulations. Annual information shall be provided in accordance with the reporting date indicated on the reporting form.

Section 12 Transactions and position values shall, upon request, be reported by counterparty country.

Section 13 Reporting shall be provided in electronic form or on a form designated by the Riksbank.

These regulations enter into force on 1 January 2003. By this enactment, the Riksbank's Regulations (1997:4) on the obligation to provide information to the Riksbank for balance of payments statistics are repealed.