FI Updates Reporting Documentation for Banks and Investment Firms
The Swedish Financial Supervisory Authority (FI) issued update on the national adaptation of validation rules for periodic reporting via Fidac, by credit institutions and investment firms. The updated validation rules cover reporting updates under the Capital Requirements Regulation (CRR) and the Investment Firms Directive (IFD). Additionally, FI issued a reminder that companies covered by the money laundering legislation must report annually in FI's system and that the last day for reporting is March 31, 2022, with reference to the balance sheet date of December 31, 2021.
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Keywords: Europe, Sweden, Banking, Securities, Investment Firms, Basel, CRR, Reporting, Validation Rules, AML, FIDAC, FI
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