Data
section 1 of the financial supervision authority is responsible for
1. oversight, legislation and the granting of permits which
financial markets and financial institutions,
2. the coordinating body for supervision under the Ordinance
(2009:92) on measures against money laundering and the financing of
terrorism, and
3. to take measures to counter financial imbalances
in order to stabilize the credit markets, but with regard to the
the impact on economic development.
Regulation (2013:1111).
2 § the museums shall, within the framework of their own decisions about
resource allocation and planning work for the use of the financial
System
– is stable and is characterised by a high level with well
functioning markets that cater to household and
the needs of financial services, and
-provides a high level of protection for consumers.
The authority shall in particular ensure that monitor and analyse
developments in the area of responsibility. If the agency determines that
instability in the financial sector is likely to negatively affect
the functioning of the Swedish financial system,
the Government informed.
The authority shall ensure that the rules and routines that
authority is disposes of is cost effective and simple
for citizens and businesses to understand and comply with.
Regulation (2013:144).
3 §/expires U: 2016-04-01/
The authority shall
1. assist the Government with observations and investigations;
2. in a special report to the Government no later than 15 april
each year account fee and cost recovery for
fees under the Ordinance (2001:911) If fees for
consideration of matters of Finance inspection and regulation
(2007:1135) if the annual fees for the financing of
FSA's activities,
3. in special reports to the Government no later than 15 april
and at the latest by 1 October each year present proposals to
changes in the provisions of the regulation on the fees for
consideration of matters of Finance inspection and regulation
If the annual fees for the financing of financial supervision
activities that should be undertaken on the occasion of made or
upcoming changes in the regulatory framework of the Agency's
area of responsibility,
4. in a special report to the Government no later than 15 may
each year account for the Authority's experience
supervisory work relating to consumer protection, provide an assessment
the risks for consumers within the financial sector,
Please indicate the measures taken or could be taken
to strengthen consumer protection and the need for
the development of rules in this field,
5. in special reports to the Government no later than 20 June
and 15 december each year to account for the Authority's analysis
and assessment of financial stability, the measures
taken and can be taken to prevent
financial imbalances, the impact on
the economy and the need for the development of rules on
area, and
6. appoint the members and alternates of the Board of War insurance
a fixed period, of whom one shall be appointed Chairman
and a vice Chairman.
The Agency also has duties under section 22, first paragraph
the nuclear liability Act (1968:45), Ordinance (2001:100) if
the official statistics and the Regulation (2006:942) on
emergency management and preparedness. Regulation (2013:1112).
3 section/entry into force: 04/01/2016
The authority shall
1. assist the Government with observations and investigations;
2. in a special report to the Government by 15 april each year account for outcomes and cost recovery fees for charges under the Regulation (2001:911) if the fees for the examination of cases of the FSA and Ordinance (2007:1135) if the annual fees for the financing of activities, the financial supervisory authority
3. in special reports to the Government by 15 april and 1 October of each year at the latest, present proposals for changes to the provisions of the regulation on the fees for the examination of cases of the FSA and the regulation on annual fees for the financing of the FSA's activities should be carried out on the occasion of made or future changes in the regulatory framework of the Agency's area of responsibility,
4. in a special report to the Government no later than 15 may each year to account for the Authority's supervisory experience regarding consumer protection, provide an assessment of the risks for the consumers in the financial field, specify the measures taken or could be taken to strengthen consumer protection and explain the need for the development of rules in this field,
5. in special reports to the Government no later than 20 June and 15 december of each year to account for the Authority's analysis and assessment of financial stability, the measures taken and may be taken to combat the financial imbalances, the impact on the economy and the need for the development of rules in this area, and
6. appoint the members and alternates of the Board of War insurance for a fixed period, of whom one shall be appointed Chairman and a vice Chairman.
The Authority also information under paragraph 22 the nuclear liability Act (1968:45), Ordinance (2001:100) on the official statistics, Regulation (2015:1052) concerning emergency preparedness and surveillance measures by the authorities responsible at preparedness and Regulation (2015:1053) of total defense and preparedness. Regulation (2015:1066).
4 § the museums shall carry out the tasks that should be handled by
competent authority in accordance with
1. European Parliament and Council Regulation (EC) No 2006/2004
of 27 October 2004 on cooperation between national
authorities responsible for
consumer protection legislation, in regard to compliance with
such rules as the Agency has oversight over,
2. European Parliament and Council Regulation (EC) no 345/2013
of 17 april 2013 on European venture capital funds,
3. European Parliament and Council Regulation (EU) no 346/2013
of 17 april 2013 on European social funds
entrepreneurship, and
4. European Parliament and Council Regulation (EC) no 909/2014
of 23 July 2014 on improving securities settlement in
The European Union and of central securities depositories, as well as changes in
Directive 98/26/EC and 2014/65/EC and Regulation (EC) no
236/2012. Regulation (2014:1325).
4 a of where the authority to fulfil the duties under section 2 of the Act
(2010:1010) on credit rating agencies, section 2 of the Act (2012:735)
with additional provisions applicable to EU
short selling regulation or section 2 of the Act (2013:287)
supplementary provisions of the EU regulation on
OTC derivatives, central counterparties and trade repositories,
the conclusion of such international treaties as follows
of the respective EU regulation and which do not require parliamentary
or Utrikesnämndens. Regulation (2013:598).
§ 4 b/entry into force: 01/01/2016
The financial supervision authority may conclude such international
agreements resulting from the European Parliament and of the Council
Directive 2009/138/EC of 25 november 2009 on the taking-up
and pursuit of the business of insurance and reinsurance
(Solvency II), in the wording pursuant to European Parliament and Council
Directive 2004/51/EC. However, this does not apply if
the agreement requires parliamentary or Utrikesnämndens
participation. Regulation (2015:706).
4 c section/entry into force: 2016-02-01/
The financial supervision authority may conclude such international
the agreements provided for in articles 8(2), 8(5), 20.5,
30(4), 59(3), (b) and (c) 61.4 62.8 in European Parliament and Council
Directive 2004/59/EU of 15 may 2014 establishing a
framework for the resolution of credit institutions and
investment firms and amending Council directive
82/891/EEC and European Parliament and Council directive
2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC,
2011/35/EU, 2012/2013/30/EU 36/EU of the European Parliament
and Council Regulation (EU) no 1093/2010 and (EU)
648/2012, in the original wording. However, this does not
If the agreement requires parliamentary or Utrikesnämndens
participation. Regulation (2015:1041).
5 § the museums shall
1. within its area of responsibility to participate actively in the cooperation within the
The European Union in the context of the European
system of financial supervision referred to in paragraph 5 and collaborate
with foreign authorities that have access to the
supervision of financial markets and financial organizations
and in this context contribute to regulatory oversight should be coordinated,
2. consider measures that can affect the authority takes
the stability of the financial systems of other countries in the
The European economic area,
3. within its area of responsibility to actively participate in the activities of the
global standard setting bodies, and
4. inform the European systemic risk Board on the measures
that authority is taking to counter the financial
imbalances. Regulation (2013:1111).
5 a of the financial supervision authority is part of the European system of
financial supervision referred to in the European Parliament and of the Council
Regulation (EU) no 1092/2010 of 24 March 2010
macro-prudential oversight of the financial system at EU level and, if
the establishment of a European systemic risk Board, the European Parliament's
and Council Regulation (EC) no 1093/2010 of 24 March 2010
establishing the European banking authority, the European Parliament's
and Council Regulation (EU) no 1094/2010 of 24 March 2010
establishing the European insurance and
occupational pensions authority, the European Parliament and of the Council
Regulation (EC) No 1095/2010 of 24 March 2010
the establishment of the European Securities and markets authority.
Regulation (2011:1609).
5 b/expires U: 2016-03-01/
The authority shall have effective and reliable drivers
to encourage reporting and to receive reports
of infringements of rules governing the operations
in such credit institutions and securities companies as set out in
Act (2004:297) on banking and finance law and
in law (2007:528) securities market. The Authority's
procedures shall be drawn up in accordance with article 71(1) and 71(2) (a)
European Parliament and Council Directive EU of 26
June 2013 if access to the activity of credit institutions
and the prudential supervision of credit institutions and investment firms, if
Amendment of Directive 2002/87/EC and repealing Directive
2006/48/EC and 2006/49/EC. Regulation (2014:998).
5 b/entry into force: 03/01/2016
The authority shall have effective and reliable procedures to encourage reporting and to receive reports of violations of the provisions applicable to the activities of
1. credit institutions and securities companies as set out in the Act (2004:297) on banking and finance law and in law (2007:528) on the securities market, and
2. the Swedish central securities depositories and account operator as specified in the law (1998:1479) on CSDs and the accounting of financial instruments.
The Agency's procedures for the activities referred to in the first subparagraph 1 shall be drawn up in accordance with article 71(1) and 71(2) a of the European Parliament and Council directive of 26 June on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directive 2006/48/EC and 2006/49/EC , in wording pursuant to European Parliament and Council Directive 2004/59/EU.
The Agency's procedures for the activities referred to in the first subparagraph 2 shall be drawn up in accordance with article 65(1) and 65(2) (a) of Regulation (EC) no 909/2014 of 23 July 2014 on improving securities settlement in the European Union and of central securities depositories and amending Directive 98/26/EC and 2014/65/EC and Regulation (EU) no 236/2012, in the original wording. Regulation (2016:78).
Collaboration
6 §/expires U: 2016-04-01/
The authority shall interact with the Riksbank and the authority
civil contingencies Agency on matters relating to the
crisis preparedness under the Regulation (2006:942) on
war readiness and preparedness. Regulation (2010:278).
6 §/entry into force: 04/01/2016
The authority shall interact with the Riksbank and the Swedish civil contingencies Agency on issues related to crisis management under the Regulation (2015:1052) concerning emergency preparedness and surveillance measures by the authorities responsible for preparedness. Regulation (2015:1066).
Consultation
7 § the museums shall consult with
1. the national financial management authority and representatives of interested
professional organizations in questions about the fees authority
take out or intend to withdraw,
2. Consumer Agency operating in matters where
authorities have a common supervisory responsibilities,
3. the Riksbank in more important matters relating to the
payment system stability or affecting the Riksbank's
responsible for monetary and credit policy and for
payment system, and
4. The Swedish national debt Office on issues of importance to
the deposit guarantee scheme according to the SFS 2009:93 Act (1995:1571) if
deposit guarantee and investor protection under the law for
(1999:158) on investor protection.
At the consultation in accordance with the first paragraph, the financial supervisory authority leave
the relevant authorities the information required.
Management
section 8 Authority is headed by a Board of Directors.
§ 9 the Board shall consist of not more than ten members.
Organization
10 § Authority grants the premises and perform administrative
data for the Accounting Board in accordance with the agreement between the
authorities.
section 11 authority carries out administrative and supervisory
tasks for War Insurance Board.
Positions and assignments
section 12 of the Government appoints the Deputy Chairman of the Agency's
the Board of Directors.
section 13 the Director General is the head of Government.
Ancillary activities, etc.
section 14 of The who is a Director or employee of
the authority may not own or someone else's behalf
drive or be part of a company that runs activities that are
licensing, registration or notifiable in
authority or the corresponding authority in another country.
The Member or the staff member must not be employed
or undertake assignments for such companies.
The members of the Board of Directors and employees that the Board of Directors
determines may not without permission have loans from companies
under the supervision of the Agency. Authorization of
the Government in the case of the Chairman and of the Chairman in question
If other members of the Board including the head of
as well as by the authority in other cases.
Staff disciplinary board
section 15 at the Agency, there shall be a staff disciplinary board.
Applicability of certain regulations
16 § the museums shall apply the staff representatives Ordinance
(1987:1101) and internal audit regulation (2006:1228).
The right to provide
section 17 of the Authority may provide in respect of
deviations and decide on the case by case derogation provided
in section 11 of the Act (1998:710) with certain provisions of
The pension Agency's pension business.
Regulation (2009:1201).
Transitional provisions
2009:93
1. This Regulation shall enter into force on 15 March 2009, when
Ordinance (2007:841) with instruction for
The financial supervision authority shall be repealed.
2. Instead of section 16 of this regulation, the older
provisions of section 14 of the repealed Ordinance (2007:841)
instruction for the FSA applied by
The Swedish financial supervisory authority before 1 January 2009.