The Swedish Financial Supervisory Authority has proposed new annual reporting regulations and general guidelines for credit institutions, investment firms, certain financial holding companies and relevant foreign branches. The framework would replace the rules in force since 2009, largely carrying them forward while updating references and terminology for IFRS 18 and removing outdated provisions. The proposal would incorporate material currently contained in appendices into the chapter structure, remove duplicative disclosure requirements and clarify several accounting treatments. The principal substantive change would require parent companies to report the number of employees in full-time equivalents, rather than the average number of employees, in country-specific consolidated disclosures. The framework would also clarify that IFRS 18 need not govern presentation of the income statement where statutory and regulatory formats apply. The new framework is proposed to take effect on Jan. 1, 2027. The full-time-equivalent disclosure would first apply to consolidated financial statements for financial years beginning on or after that date.
2026-09-08Finansinspektionen
Swedish Financial Supervisory Authority consults on modernized annual reporting rules for credit institutions and investment firms
The Swedish Financial Supervisory Authority is consulting on updated annual reporting rules for credit institutions, investment firms and related entities, largely retaining the existing framework while aligning it with IFRS 18. Parent companies would report country-specific employee numbers using full-time equivalents. The rules are proposed to take effect on Jan. 1, 2027.