In order to avoid double regulation, FI decided to limit the scope of the regulations. Therefore, they shall not be applied by AIF managers in accordance with the Alternative Investment Funds Managers Act (2013:561).
Finansinspektionen has also decided to amend the regulations since the Insurance Distribution Act (2018:1219), which replaces the Insurance Mediation Act (2005:405), no longer allows insurance intermediaries the option of conducting some operations under ancillary authorisations. These insurance intermediaries, therefore, shall no longer be considered an exception to the advice regulations. However, a transitional provision is introduced that corresponds to transition regulation 8 in the Insurance Distribution Act.
The updated regulations enter into force on 1 August 2018. Amendment 2018:11