Sweden's Financial Supervisory Authority has decided to close one of its two investigations into Alecta’s investment activities, concluding it cannot find that Alecta breached regulatory requirements on measuring and valuing risk in listed equities despite significant losses. The investigation, opened in 2023, examined Alecta’s risk management in light of losses on investments in Silicon Valley Bank, First Republic Bank and Signature Bank. FI found no regulatory violations in the risk management system Alecta used for valuing investment risks and therefore wrote off the case. FI’s separate investigation related to Alecta’s investments in Heimstaden Bostad remains ongoing and is not affected by this decision.
Finansinspektionen 2025-12-19
Sweden's Financial Supervisory Authority closes Alecta risk-management probe over US bank equity losses after finding no rule breaches
Sweden's Financial Supervisory Authority has closed one of its investigations into Alecta’s investment activities, finding no regulatory breaches in its risk management of listed equities despite significant losses. The investigation focused on Alecta's investments in Silicon Valley Bank, First Republic Bank, and Signature Bank. A separate investigation into Alecta’s investments in Heimstaden Bostad is still ongoing.