Swedish financial authority amends funds' reporting regulations

On the 11/19/20 at 7:50AM


Tuba Raqshan

Finansinspektionen (FI), the Swedish financial regulatory authority, had changed the rules for mutual funds and managers of alternative investment funds, to streamline supervision.

Fund companies, management companies and AIF managers must submit additional information to the FI ever quarter, while the timing of reporting holdings in mutual funds and special funds is also changing. The changes, which will take effect on January 1, 2021, is an adaptation to the EU rules and is focussed at reducing administration and facilitating better reporting of funds.

Provisions are also introduced to ensure that the annual report of a mutual fund or special fund must contain information on the reviews of the remuneration policy that the nominee has made during the year.