Insurance companies handle some traffic injuries too slowly

2007-10-30 | Reports Markets

Written share offers not covered by prospectus rules improved slightly over the past year. The information contained in these offers is generally still of low quality, but the total value of unregulated share offers continues to be relatively small. The results of this study have not led FI to propose an increase to the prospectus obligation threshold or national regulations for offers not covered by the prospectus rules.

FI will take the following measures

The review resulted in one decision to impose a sanction of a special fee totalling SEK 200,000 on a firm that carried out without a prospectus an offer not exempted from the prospectus obligation.

We will continue our efforts to actively inform consumers about the requirements they should place on the content of share offers not covered by the informational requirements set out in the prospectus rules (www.fi.se/konsument).

Offers that are suspected to contravene the provisions in the Marking Act will be forwarded to the Swedish Consumer Agency for possible action.

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