Sweden: Financial Sector Assessment Program Update: Detailed Assessment of Observance on IOSCO Principles and Objectives of Securities Regulation
IMF Staff Country Reports, September 16, 2011
Source details
- Canonical URL
- Sweden: Financial Sector Assessment Program Update: Detailed Assessment of Observance on IOSCO Principles and Objectives of Securities Regulation
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Bibliographic details
- Published: September 16, 2011
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781463903541.002
Summary and scope of the assessment
- Provides an assessment of the level of implementation of the International Organization of Securities Commissions (IOSCO) Principles in Sweden’s securities market.
- The assessment identified several significant weaknesses in the scope and effectiveness of securities market regulation.
Key findings
- Significant weaknesses exist in the scope and effectiveness of securities market regulation.
- The Executive Board recommends licensing of insurance intermediaries under the Securities Market Act (SMA).
- The government should reconsider its policy of attaching specific short-term project requirements to parliament’s annual budget allocation for Finansinspektionen (FI) initially and during the course of the financial year.
Subject areas and keywords
- Subject: Financial institutions, Financial instruments, Financial markets, Mutual funds, Securities, Securities markets, Stock markets
- Keywords: authorities FI, CR, equity trading, Europe, FI regulation, FI staff, Global, insider dealing, investment fund, ISCR, letter of intent, management company, material information, Mutual funds, Securities, securities exchange, Securities markets, senior management, Stock markets