Summary
These amendment regulations apply to Swedish management companies. However, some of the amendments do not apply to certain activities performed by Swedish management companies from a branch in another EEA country, but they apply to certain activities that foreign management companies within the EEA perform from a branch within Sweden.
The amendments entail primarily that the undertakings
- shall consider and integrate sustainability risks into different parts of their operations and organisation
- shall have sufficient resources and personnel with the knowledge required to integrate sustainability risks
- shall identify the types of conflicts of interest that can arise as a result of integrating sustainability risks in the company's processes, systems and internal controls and that can damage the interest of the unit holders
- shall consider in some cases the primarily negative impact investment decisions can have on sustainability factors when applying various prudence requirements.
The amendments implement the amendments to Directive 2010/43/EU made through Directive (EU) 2021/1270.
The amendments apply from 1 August 2022. Amendment 2022:1