The amendments entail that FI is removing the requirement that unlisted companies that prepare consolidated accounts must apply international accounting standards. Previously, the requirement applied to all companies.
In this way, FI adapts the regulations to the consolidated account provisions for unlisted companies that apply under the Annual Accounts at Insurance Undertakings Act (1995:1560).
FI also clarifies the provision on interim reports and removes the requirement that interim reports should be sent to FI.
The amendments enter into force from 1 December 2020. They apply to consolidated accounts prepared for the financial year ending 31 December 2020. Amendment 2020:24