A stable, well-functioning financial market for allA stable, well-functioning financial market for allCentral securities depository (settlement and account entry)
Finansinspektionen is the competent authority according to Regulation (EU) No 909/2014 on improving securities settlement in the European Union and on central securities depositories (CSDR). This means that FI assesses the applications, registrations and notifications that can or must be submitted according to the regulation. As the competent authority, FI must also conduct supervision of central securities depositories.
Authorisation for central securities depositories
The operation of a settlement system for securities and the provision of a notary service and/or central maintenance service as a central securities depository requires authorisation (Article 16 of CSDR). Swedish firms receive authorisation from FI.
Other assessments
A central securities depository can also apply, for example, for authorisation from FI to expand or outsource activities and services (Article 17 of CSDR); for management assessments, owner assessments or owner management assessments (Articles 27–27(c) of CSDR); to establish links (Article 19 of CSDR); and to conduct cross-border operations within the EU (Article 23 of CSDR).
Fees
FI may charge fees for assessing applications and notifications pursuant to CSDR. Provisions regarding these fees are set out in Fees for FI (Assessment) Ordinance (2001:911) (see sections 3 and 4 and the appendix).
Contact FI
Email questions related to CSDR and the assessments under the ordinance to finansinspektionen@fi.se.
Read more
- Central Securities Depositories (ESMA's website)
- ESMA's Q&As on CSDR
- Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012 (CSDR)
- Commission Delegated Regulation (EU) 2017/392 of 11 November 2016 supplementing Regulation (EU) No 909/2014 of the European Parliament and of the Council with regard to regulatory technical standards on authorisation, supervisory and operational requirements for central securities depositories (RTS CSDR)
- Commission Implementing Regulation (EU) 2017/394 of 11 November 2016 laying down implementing technical standards with regard to standard forms, templates and procedures for authorisation, review and evaluation of central securities depositories, for the cooperation between authorities of the home Member State and the host Member State, for the consultation of authorities involved in the authorisation to provide banking-type ancillary services, for access involving central securities depositories, and with regard to the format of the records to be maintained by central securities depositories in accordance with Regulation (EU) No 909/2014 of the European Parliament and of the Council (ITS CSDR)
- Fees for FI (Assessment) Ordinance (2001:911) (in Swedish)
Last reviewed: 2025-04-14
