FI is introducing new regulations regarding interim reporting of information for balance sheet statistics for some financial firms. The regulations primarily affect approximately 300 holding companies and a few internal banks. These firms were previously subject to Statistics Sweden's regulations regarding the obligation to submit information for balance sheet statistics (BAST) and to date have been classified as non-financial firms.
The new regulations are a result of FI becoming on 1 January 2016 the statistical authority for the firms in question. This is due to new EU statutory statistical requirements, which introduce a new sector break-down and now classify the firms as financial firms.
The regulations do not entail any change to the firms' obligation to report information.
The regulations enter into force on 31 March 2016 in order for reporting for Q1 2016 to be completed by 20 April 2016.