This content was published in the period between 3 October 2014 and 20 January 2019
Ministers on this page who have left the Government
Ministers on this page who have left the Government
Between 5 February and 30 November 2021 he was Minister for Environment and Climate, and Deputy Prime Minister.
Between 1 October 2019 and 5 February 2021 he was Minister for Financial Markets and Housing, Deputy Minister for Finance.
Between 3 October 2014 and 1 October 2019 he was Minister for Financial Markets and Consumer Affairs, Deputy Minister for Finance.
Transitional solution for continued access to investment services following Brexit
Published
Under a proposal referred by the Ministry of Finance today, the Swedish Government should be able to issue regulations prescribing that companies domiciled outside the EEA can be exempted – for a certain period of time – from the requirement to hold a licence from Finansinspektionen (the Swedish Financial Supervisory Authority) to provide investment services.
It is proposed that, during a transitional period following the UK’s withdrawal from the EU, investment firms domiciled in the UK should be allowed to continue providing services to professional clients with whom they entered into agreements prior to Brexit.
The aim of the proposal is to eliminate the risk of interrupted access to the necessary financial services to handle derivative contracts entered into by Swedish businesses with a counterpart in the UK.
The proposal will only be relevant if the UK leaves the EU without an agreement in place on transitional arrangements between the parties.
Press contact
Press Secretary to Minister for Financial Markets and Housing, Per Bolund
Phone (switchboard) +46 8 405 10 00
Financial Market Department
Phone +46 8 405 86 36
email to Johan Dahlman, via senior registry clerk
