We supervise the financial marketsFinansinspektionen intervens when issuers subject to Chapter 16, section 1, first paragraph of the Securities Market Act (2007:528) do not prepare their financial statements in accordance with current regulations. We issue a caution and an order of correction. We can also decide on an administrative fine and can combine the order with a fine.
Finansinspektionen publishes the capital requirements of the largest Swedish banks and credit institutions that belong to supervisory categories 1 and 2 as of the end of Q1 2020.
JM has been in violation of the international financial reporting standard IFRS 10 in its consolidated financial statements for 2017 by not including – consolidating – tenant-owners associations during the so-called production phase. FI is issuing JM a caution and ordering the company to take corrective action in future financial statements. The correction shall be implemented no later than in the company’s half-yearly report for 2020.
Due to maintenance, the system of periodic reporting will be closed on Thursday 7 May from 8 am until 12 am.
The European Insurance and Occupational Pensions Authority (EIOPA) will collect new data for its ongoing impact assessment to assess the effects of the coronavirus pandemic.
