What is the Swedish Financial Supervisory Authority? Swedish Financial Supervisory Authority Review, Features

The Swedish Financial Supervisory Authority is Sweden's financial regulatory authority.

About the Swedish Financial Supervisory Authority

Swedish Financial Supervisory Authority (Finansinspektionen, FI)

FI was established in 1991 as the government agency responsible for financial supervision in Sweden. It is responsible for the supervision, regulation and authorization of financial markets and participants, with the aim of creating an independent integrated regulatory body covering banking, securities and insurance. This was achieved through the merger of the former banking and insurance regulatory authorities.

FI supervises nearly 2,000 companies, including banks and other credit institutions, securities companies, fund management companies, stock exchanges, authorized markets and clearing agencies.

Responsibilities of the Swedish Financial Supervisory Authority

The Swedish Financial Supervisory Authority is an authoritative regulatory body that monitors financial companies. It is committed to building a stable, credible and well-functioning financial system that can well protect consumer rights.

The Swedish Financial Supervisory Authority monitors and analyses trends in the financial markets. The FI assesses individual companies, various parts of the financial market and the overall financial situation, and checks whether the risk control systems of financial companies comply with laws, regulations and other regulations.

The FI is required to authorize the operation of companies that provide financial services. It will also monitor compliance with the Swedish Internal Law and investigate lawbreakers and stock price manipulators.

In addition, FI monitors whether financial companies present complete and clear information to customers, and part of our responsibilities also includes improving consumers' status in the financial market through financial education.