The Swedish Financial Supervisory Authority (FI) issues Zimpler AB (Zimpler) a remark and an administrative fine of 3 million kronor for violations of anti–money laundering regulations.
Finansinspektionen (FI) has passed a decision to reciprocate the Norwegian Ministry of Finance’s decision of risk weight floors of 25 per cent for retail exposures collateralised by real estate in Norway and of 35 per cent for corporate exposures collateralised by real estate in Norway.
FI has decided to extend the risk-weight floors by two years, from 31 December 2025 to 30 December 2027 for Swedish mortgages, and from 30 September 2025 to 29 September 2027 for Swedish commercial real estate.
In accordance with its assessment in the most recent stability report, FI is leaving the countercyclical buffer rate unchanged in the third quarter. The buffer rate of 2 per cent, which was applied starting on 22 June 2023, shall thus continue to apply. The countercyclical buffer guide is calculated at 0 per cent.
Finansinspektionen has highlighted in multiple reports that many structured products are unsuitable for most consumers. In a new analysis, FI has analysed consumers’ investments in a type of structured product called autocalls. The analysis shows that autocalls are often expensive, associated with high risks, and difficult to understand. In many cases, these products are unprofitable for investors.