FFFS 2016:26

Regulations amending Finansinspektionen’s regulations (FFFS 2013:9) regarding Swedish UCITS

In force from 2016-11-01 , amending FFFS 2013:9

Summary

Finansinspektionen has decided on amendments to Finansinspektionen's regulations (FFFS 2013:9) regarding Swedish UCITS. The regulations must be adapted to amendments to the Swedish UCITS Act (2004:46), which in turn were due to additions to the UCITS Directive.

The amendments entail that rules on Swedish management companies' remuneration schemes and information about such schemes in prospectuses and annual reports are introduced into the regulations. The amendments also introduce changes on what information the depositary must provide in the prospectus about a UCITS.

Finansinspektionen has also decided on amendments to the owner, owner management and management suitability assessments. Under the new rules, legal and natural persons must provide information about all sanction decisions directed to them, even if the decisions are older than ten years. The time restriction that previously existed as been removed in the new regulations. Information about sanction decisions is provided in the forms for owner, owner management, and management suitability assessments, which are appendices to FI's regulations (FFFS 2013:9) regarding Swedish UCITS.

The new regulations enter into force on 1 November 2016. Amendment 2016:26

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