FFFS 2014:8

Summary

Due to the Certain Consumer Credit-related Operations Act (2014:275), which enters into force on 1 July 2014, Finansinspektionen has issued new regulations. As of 1 July 2014, the act requires authorisation from Finansinspektionen to issue or broker loans to consumers.

The regulations apply to:

• the information that must be submitted to Finansinspektionen when applying for authorisation
• notifications that must be submitted to Finansinspektionen
• how undertakings must conduct operations so that the business is considered sound, and
• the information that must be reported to Finansinspektionen

Correction sheet

An error has been identified in Finansinspektionen's regulations and general guidelines (FFFS 2014:8) on certain consumer-credit related operations.

The error refers to the introduction's reference to the ordinance. Because it is a factual error, Finansinspektionen decided to publish a correction sheet that replaces page 1 of the previously issued regulation.

Amendments

References to applicable regulations regarding ownership, ownership management and management assessments are being revised due to FFFS 2023:12 replacing previous regulations in the area.

The amendments enter into force on 18 July 2023. Amendment 2023:16

Finansinspektionen is replacing references to the Money Laundering and Financing of Terrorism (Prevention) Act (2009:62) with references to the new Anti Money Laundering and Terrorist Financing Act (2017:630) and the new regulations. The regulations must be adapted to the new Anti Money Laundering and Terrorist Financing Act that enters into force on 1 August 2017.  Amendment 2017:14