The Swedish Financial Supervisory Authority has invited participants in the securities issuance market to a roundtable on 10 March to gather market views on how the market currently functions and expectations for future developments. The discussion is framed by a new law that from 1 March 2026 makes it a criminal offence to conduct financial business without the permits or registrations required under the regulatory frameworks. The offence applies where a person intentionally or through gross negligence carries out financial activity without the necessary authorisation or registration. While the new law does not change conduct of business rules, it has raised practical questions about the application of the framework to certain activities, including issuance guarantees. FI has invited a range of market participants, industry bodies and members of the Swedish Bar Association; the meeting will be held at FI’s premises, and FI will publish a summary of the discussion on its website.
Finansinspektionen 2026-02-27
Swedish Financial Supervisory Authority convenes 10 March roundtable on the issuance market as new offence for unlicensed financial activity takes effect
The Swedish Financial Supervisory Authority will host a roundtable on 10 March to discuss the securities issuance market, following a new law effective 1 March 2026 criminalizing unauthorized financial business activities. The law raises questions about its application to certain activities, such as issuance guarantees. Participants include market players, industry bodies, and the Swedish Bar Association.