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Ownership assessment
Activities for fund-undertakings (non-UCITS)
Financial institutions
Management assessment
Ownership assessment
Foreign insurance operations in Sweden
Notification
Ownership assessment
When a
deposit company
or a
financial institution
receives knowledge that anyone with a qualifying holding in the company has changed, FI should be immediately informed. Likewise, a legal person who has a qualifying holding in the firm shall immediately report managerial changes to FI. Qualifying holding here refers to a direct or indirect ownership in a firm, if the holding represents ten per cent or more of the capital or of all votes or otherwise enables a significant influence over the firm’s management.
FI makes a suitability assessment of the new owners and their senior management in light of, among things, information obtained from Rikspolisstyrelsen (the Swedish National Police Board), Upplysningscentralen UC AB (UC AB) and Skatteverket (the Swedish National Tax Board). For the assessment of foreign citizens, FI contacts the foreign supervisory authority.
The notification shall contain:
who should be assessed
which firm the acquisition refers to
the size of the acquisition
direct or indirect ownership
from whom the acquisition was made
the background of the acquisition
any Group overview after the acquisition
Fee
A fee of SEK 6,500 shall be paid to FI in conjunction with the submitted application to
Bankgiro account: 5050-6922
. Please indicate on the payment advice what the payment is for.
Processing time
FI will send you a reply within 60 days provided that the application is complete and the fee is paid.
Other information
Swedish financial institutions that are legal persons and deposit companies shall submit information to FI on an annual basis, though no later than 30 June, regarding owners' qualifying holdings in accordance with FI's regulations (FFFS 2004:17, only available in Swedish).