Law (2008:812) About State Guarantees To Depositors In Foreign Branches Of The Institution In Sweden

Original Language Title: Lag (2008:812) om statliga garantier till insättare i utländska instituts filialer i Sverige

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Get a Day Pass for only USD$19.99.
section 1 of the Government may set out the guarantees to depositors in a

foreign institution's branch in Sweden receives compensation equivalent to

What would have been paid under the guarantee

deposits that are in force in the institution's home country. Warranties,

However, exhibited only if there is a risk that the foreign

the guarantee cannot be met and a non-compliance is assessed

cause disturbances in the Swedish financial system.

With a foreign institution "means a foreign banking companies, a

foreign credit company and a foreign investment firm,

If they have or have had permission to receive customers ' products on the


2 § where there are serious reasons, Government differ from what

that provides for contributions in Chapter 6. paragraph 4 of the budget law (2011:203).

Law (2011:206).