5093726H8031732020/21173propproppropProposition 2020/21:173PropositionPropositionFinansdepartementetFiU17302021-04-13 00:00:002021-06-02 17:04:042021-04-13 00:00:00Nya kapitaltäckningsregler för värdepappersbolagKlarhtml-ecprop-RIM3eeac488-d519-4eca-ac88-5c0a0c1c96bahttps://data.riksdagen.se/dokument/H803173/texthttps://data.riksdagen.se/dokument/H803173https://data.riksdagen.se/dokumentstatus/H803173
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<DIV class="dclr"></DIV>
<P class="p0 ft0">Regeringens proposition 2020/21:173</P>
<TABLE cellpadding=0 cellspacing=0 class="t0">
<TR>
<TD class="tr0 td0"><P class="p1 ft1">Nya kapitaltäckningsregler för</P></TD>
<TD class="tr0 td1"><P class="p2 ft1">Prop.</P></TD>
</TR>
<TR>
<TD class="tr1 td2"><P class="p1 ft1">värdepappersbolag</P></TD>
<TD class="tr1 td3"><P class="p2 ft1">2020/21:173</P></TD>
</TR>
</TABLE>
<P class="p3 ft2">Regeringen överlämnar denna proposition till riksdagen.</P>
<P class="p4 ft2">Stockholm den 8 april 2021</P>
<P class="p5 ft3">Stefan Löfven</P>
<P class="p6 ft3">Åsa Lindhagen <SPAN class="ft2">(Finansdepartementet)</SPAN></P>
<P class="p7 ft1">Propositionens huvudsakliga innehåll</P>
<P class="p8 ft2">Regeringen föreslår åtgärder för att genomföra ett nytt kapitaltäcknings- regelverk för värdepappersbolag. Genom förslagen anpassas svensk rätt till EU:s värdepappersbolagsförordning och genomförs i svensk rätt EU:s värdepappersbolagsdirektiv.</P>
<P class="p9 ft2">Det föreslås i huvudsak att</P>
<P class="p10 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft4">nya bestämmelser om startkapital och ett nytt sätt att beräkna kapital- krav för värdepappersbolag ska införas,</SPAN></P>
<P class="p11 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft4">bestämmelserna om bolagsstyrning, riskhantering och ersättningar i värdepappersbolag bättre ska anpassas till verksamheten i sådana bolag,</SPAN></P>
<P class="p12 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft4">bestämmelserna om tillsyn samt ingripande mot bl.a. värdepappers- bolag ska anpassas till det nya kapitaltäckningsregelverket, och</SPAN></P>
<P class="p10 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft4">vissa anpassningar av bestämmelserna om gruppbaserad tillsyn ska göras.</SPAN></P>
<P class="p4 ft2">Lagändringarna föreslås träda i kraft den 26 juni 2021.</P>
<P class="p13 ft2">1</P>
</DIV>
<DIV id="page_2">
<DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p15 ft2">2</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft1">Innehållsförteckning</P>
<TABLE cellpadding=0 cellspacing=0 class="t1">
<TR>
<TD class="tr2 td4"><P class="p16 ft2"><A href="#page_9">1</A></P></TD>
<TD colspan=2 class="tr2 td5"><P class="p17 ft2"><A href="#page_9">Förslag till riksdagsbeslut .................................................................</A></P></TD>
<TD class="tr2 td6"><P class="p16 ft2"><A href="#page_9">9</A></P></TD>
</TR>
<TR>
<TD class="tr3 td4"><P class="p16 ft2"><A href="#page_11">2</A></P></TD>
<TD class="tr3 td7"><P class="p17 ft2"><A href="#page_11">Lagtext</A></P></TD>
<TD class="tr3 td8"><P class="p16 ft2"><A href="#page_11">............................................................................................</A></P></TD>
<TD class="tr3 td6"><P class="p16 ft2"><A href="#page_11">11</A></P></TD>
</TR>
<TR>
<TD class="tr4 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p17 ft2"><A href="#page_11">2.1</A></P></TD>
<TD class="tr4 td8"><P class="p19 ft2"><A href="#page_11">Förslag till lag om ändring i lagen (2007:528) om</A></P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td7"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td8"><P class="p16 ft2"><A href="#page_11">värdepappersmarknaden...................................................</A></P></TD>
<TD class="tr5 td6"><P class="p16 ft2"><A href="#page_11">11</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.2</SPAN><A href="#page_30"><SPAN class="ft6">Förslag till lag om ändring i lagen (2014:968) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr5 td9"><P class="p18 ft2"><A href="#page_30">särskild tillsyn över kreditinstitut och</A></P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td9"><P class="p18 ft2"><A href="#page_30">värdepappersbolag............................................................</A></P></TD>
<TD class="tr4 td6"><P class="p16 ft2"><A href="#page_30">30</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.3</SPAN><A href="#page_63"><SPAN class="ft6">Förslag till lag om ändring i lagen (2014:966) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr5 td9"><P class="p18 ft2"><A href="#page_63">kapitalbuffertar .................................................................</A></P></TD>
<TD class="tr5 td6"><P class="p16 ft2"><A href="#page_63">63</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.4</SPAN><A href="#page_67"><SPAN class="ft6">Förslag till lag om ändring i kreditupplysningslagen</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr5 td9"><P class="p16 ft2"><A href="#page_67">(1973:1173) ......................................................................</A></P></TD>
<TD class="tr5 td6"><P class="p16 ft2"><A href="#page_67">67</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.5</SPAN><A href="#page_69"><SPAN class="ft6">Förslag till lag om ändring i lagen (1980:1097) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr4 td9"><P class="p18 ft2"><A href="#page_69">Svenska skeppshypotekskassan........................................</A></P></TD>
<TD class="tr4 td6"><P class="p16 ft2"><A href="#page_69">69</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.6</SPAN><A href="#page_70"><SPAN class="ft6">Förslag till lag om ändring i sparbankslagen</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr5 td9"><P class="p16 ft2"><A href="#page_70">(1987:619) ........................................................................</A></P></TD>
<TD class="tr5 td6"><P class="p16 ft2"><A href="#page_70">70</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.7</SPAN><A href="#page_71"><SPAN class="ft6">Förslag till lag om ändring i lagen (1988:1385) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr5 td9"><P class="p18 ft2"><A href="#page_71">Sveriges riksbank .............................................................</A></P></TD>
<TD class="tr5 td6"><P class="p16 ft2"><A href="#page_71">71</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.8</SPAN><A href="#page_72"><SPAN class="ft6">Förslag till lag om ändring i lagen (1991:980) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr4 td9"><P class="p18 ft2"><A href="#page_72">handel med finansiella instrument....................................</A></P></TD>
<TD class="tr4 td6"><P class="p16 ft2"><A href="#page_72">72</A></P></TD>
</TR>
</TABLE>
<P class="p21 ft2"><SPAN class="ft2">2.9</SPAN><A href="#page_74"><SPAN class="ft6">Förslag till lag om ändring i lagen (1995:1559) om årsredovisning i kreditinstitut och</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr5 td9"><P class="p18 ft2"><A href="#page_74">värdepappersbolag............................................................</A></P></TD>
<TD class="tr5 td6"><P class="p16 ft2"><A href="#page_74">74</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.10</SPAN><A href="#page_75"><SPAN class="ft7">Förslag till lag om ändring i inkomstskattelagen</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr5 td9"><P class="p16 ft2"><A href="#page_75">(1999:1229) ......................................................................</A></P></TD>
<TD class="tr5 td6"><P class="p16 ft2"><A href="#page_75">75</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.11</SPAN><A href="#page_77"><SPAN class="ft7">Förslag till lag om ändring i lagen (2000:192) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr5 td9"><P class="p18 ft2"><A href="#page_77">allmänna pensionsfonder </A><NOBR><A href="#page_77">(AP-fonder) .............................</A></NOBR></P></TD>
<TD class="tr5 td6"><P class="p16 ft2"><A href="#page_77">77</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.12</SPAN><A href="#page_78"><SPAN class="ft7">Förslag till lag om ändring i lagen (2004:46) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr4 td9"><P class="p18 ft2"><A href="#page_78">värdepappersfonder ..........................................................</A></P></TD>
<TD class="tr4 td6"><P class="p16 ft2"><A href="#page_78">78</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.13</SPAN><A href="#page_80"><SPAN class="ft7">Förslag till lag om ändring i lagen (2004:297) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr5 td9"><P class="p18 ft2"><A href="#page_80">bank- och finansieringsrörelse..........................................</A></P></TD>
<TD class="tr5 td6"><P class="p16 ft2"><A href="#page_80">80</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.14</SPAN><A href="#page_83"><SPAN class="ft7">Förslag till lag om ändring i lagen (2006:531) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr5 td9"><P class="p18 ft2"><A href="#page_83">särskild tillsyn över finansiella konglomerat....................</A></P></TD>
<TD class="tr5 td6"><P class="p16 ft2"><A href="#page_83">83</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.15</SPAN><A href="#page_86"><SPAN class="ft7">Förslag till lag om ändring i lagen (2010:751) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr4 td9"><P class="p18 ft2"><A href="#page_86">betaltjänster ......................................................................</A></P></TD>
<TD class="tr4 td6"><P class="p16 ft2"><A href="#page_86">86</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.16</SPAN><A href="#page_90"><SPAN class="ft7">Förslag till lag om ändring i lagen (2011:755) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr5 td9"><P class="p18 ft2"><A href="#page_90">elektroniska pengar ..........................................................</A></P></TD>
<TD class="tr5 td6"><P class="p16 ft2"><A href="#page_90">90</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.17</SPAN><A href="#page_91"><SPAN class="ft7">Förslag till lag om ändring i lagen (2013:561) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr5 td9"><P class="p18 ft2"><A href="#page_91">förvaltare av alternativa investeringsfonder .....................</A></P></TD>
<TD class="tr5 td6"><P class="p16 ft2"><A href="#page_91">91</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.18</SPAN><A href="#page_95"><SPAN class="ft7">Förslag till lag om ändring i lagen (2014:484) om en</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr4 td9"><P class="p18 ft2"><A href="#page_95">databas för övervakning av och tillsyn över</A></P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td9"><P class="p18 ft2"><A href="#page_95">finansmarknaderna ...........................................................</A></P></TD>
<TD class="tr4 td6"><P class="p16 ft2"><A href="#page_95">95</A></P></TD>
</TR>
</TABLE>
<P class="p22 ft2"><SPAN class="ft2">2.19</SPAN><A href="#page_97"><SPAN class="ft7">Förslag till lag om ändring i lagen (2015:1016) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t2">
<TR>
<TD class="tr4 td9"><P class="p18 ft2"><A href="#page_97">resolution..........................................................................</A></P></TD>
<TD class="tr4 td6"><P class="p16 ft2"><A href="#page_97">97</A></P></TD>
</TR>
</TABLE>
<P class="p20 ft2"><SPAN class="ft2">2.20</SPAN><A href="#page_103"><SPAN class="ft7">Förslag till lag om ändring i lagen (2018:1219) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t3">
<TR>
<TD class="tr4 td10"><P class="p18 ft2"><A href="#page_103">försäkringsdistribution ...................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_103">103</A></P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_3">
<TABLE cellpadding=0 cellspacing=0 class="t4">
<TR>
<TD class="tr2 td12"><P class="p23 ft2"><A href="#page_106">2.21</A></P></TD>
<TD class="tr2 td13"><P class="p24 ft2"><A href="#page_106">Förslag till lag om ändring i lagen (2020:1157) om</A></P></TD>
<TD class="tr2 td14"><P class="p16 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td13"><P class="p24 ft2"><A href="#page_106">ändring i lagen (2007:528) om</A></P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td13"><P class="p24 ft2"><A href="#page_106">värdepappersmarknaden ................................................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_106">106</A></P></TD>
</TR>
</TABLE>
<P class="p26 ft2"><SPAN class="ft2">2.22</SPAN><A href="#page_109"><SPAN class="ft7">Förslag till lag om ändring i lagen (2020:1208) om ändring i lagen (1995:1559) om årsredovisning i</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t5">
<TR>
<TD class="tr5 td15"><P class="p18 ft2"><A href="#page_109">kreditinstitut och värdepappersbolag.............................</A></P></TD>
<TD class="tr5 td16"><P class="p16 ft2"><A href="#page_109">109</A></P></TD>
</TR>
</TABLE>
<P class="p27 ft2"><SPAN class="ft2">2.23</SPAN><A href="#page_110"><SPAN class="ft7">Förslag till lag om ändring i lagen (2020:1211) om ändring i lagen (2014:484) om en databas för</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t6">
<TR>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td13"><P class="p24 ft2"><A href="#page_110">övervakning av och tillsyn över finansmarknaderna .....</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_110">110</A></P></TD>
</TR>
<TR>
<TD class="tr4 td12"><P class="p23 ft2"><A href="#page_112">2.24</A></P></TD>
<TD class="tr4 td13"><P class="p24 ft2"><A href="#page_112">Förslag till lag om ändring i lagen (2021:000) om</A></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td13"><P class="p24 ft2"><A href="#page_112">ändring i lagen (2007:528) om</A></P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td13"><P class="p24 ft2"><A href="#page_112">värdepappersmarknaden ................................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_112">112</A></P></TD>
</TR>
</TABLE>
<P class="p28 ft2"><SPAN class="ft2">2.25</SPAN><A href="#page_115"><SPAN class="ft7">Förslag till lag om ändring i lagen (2021:000) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t7">
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td19"><P class="p29 ft2"><A href="#page_115">ändring i lagen (2015:1016) om resolution ...................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_115">115</A></P></TD>
</TR>
<TR>
<TD class="tr6 td17"><P class="p16 ft2"><A href="#page_121">3</A></P></TD>
<TD colspan=2 class="tr6 td20"><P class="p29 ft2"><A href="#page_121">Ärendet och dess beredning .........................................................</A></P></TD>
<TD class="tr6 td16"><P class="p16 ft2"><A href="#page_121">121</A></P></TD>
</TR>
<TR>
<TD class="tr6 td17"><P class="p16 ft2"><A href="#page_122">4</A></P></TD>
<TD colspan=2 class="tr6 td20"><P class="p29 ft2"><A href="#page_122">Bakgrunden till nuvarande regelverk ...........................................</A></P></TD>
<TD class="tr6 td16"><P class="p16 ft2"><A href="#page_122">122</A></P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p30 ft2"><A href="#page_122">4.1</A></P></TD>
<TD class="tr4 td19"><P class="p29 ft2"><A href="#page_122">Nuvarande kapitaltäckningsregelverk ...........................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_122">122</A></P></TD>
</TR>
</TABLE>
<P class="p28 ft2"><SPAN class="ft2">4.2</SPAN><A href="#page_123"><SPAN class="ft8">Ett nytt kapitaltäckningsregelverk för</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t7">
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td21"><P class="p31 ft2"><A href="#page_123">värdepappersbolag.........................................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_123">123</A></P></TD>
</TR>
<TR>
<TD class="tr6 td17"><P class="p16 ft2"><A href="#page_123">5</A></P></TD>
<TD colspan=3 class="tr6 td20"><P class="p17 ft2"><A href="#page_123">Värdepappersbolagsförordningen och</A></P></TD>
<TD class="tr6 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td20"><P class="p17 ft2"><A href="#page_123">värdepappersbolagsdirektivet.......................................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_123">123</A></P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p17 ft2"><A href="#page_123">5.1</A></P></TD>
<TD class="tr4 td22"><P class="p31 ft2"><A href="#page_123">Inledning</A></P></TD>
<TD class="tr4 td23"><P class="p18 ft2"><A href="#page_123">........................................................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_123">123</A></P></TD>
</TR>
<TR>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p17 ft2"><A href="#page_124">5.2</A></P></TD>
<TD colspan=2 class="tr5 td21"><P class="p31 ft2"><A href="#page_124">Värdepappersbolagsförordningen..................................</A></P></TD>
<TD class="tr5 td16"><P class="p16 ft2"><A href="#page_124">124</A></P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p31 ft2"><A href="#page_124">5.2.1</A></P></TD>
<TD class="tr4 td23"><P class="p32 ft2"><A href="#page_124">Inledning.......................................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_124">124</A></P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p31 ft2"><A href="#page_124">5.2.2</A></P></TD>
<TD class="tr4 td23"><P class="p32 ft2"><A href="#page_124">Ett nytt sätt att beräkna kapitalkraven ..........</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_124">124</A></P></TD>
</TR>
<TR>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td22"><P class="p31 ft2"><A href="#page_125">5.2.3</A></P></TD>
<TD class="tr5 td23"><P class="p32 ft2"><A href="#page_125">Inga krav på kapitalbuffertar och</A></P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td23"><P class="p32 ft2"><A href="#page_125">bruttosoliditet................................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_125">125</A></P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p31 ft2"><A href="#page_125">5.2.4</A></P></TD>
<TD class="tr4 td23"><P class="p32 ft2"><A href="#page_125">En enklare likviditetsreglering......................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_125">125</A></P></TD>
</TR>
<TR>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td22"><P class="p31 ft2"><A href="#page_125">5.2.5</A></P></TD>
<TD class="tr5 td23"><P class="p32 ft2"><A href="#page_125">Lättnader vid tillräckligt enkla</A></P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td23"><P class="p32 ft2"><A href="#page_125">gruppstrukturer .............................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_125">125</A></P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p31 ft2"><A href="#page_126">5.2.6</A></P></TD>
<TD class="tr4 td23"><P class="p32 ft2"><A href="#page_126">Offentliggörande av information ..................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_126">126</A></P></TD>
</TR>
<TR>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td22"><P class="p31 ft2"><A href="#page_126">5.2.7</A></P></TD>
<TD class="tr5 td23"><P class="p32 ft2"><A href="#page_126">Vissa värdepappersföretag ska följa det</A></P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td23"><P class="p32 ft2"><A href="#page_126">nuvarande kapitaltäckningsregelverket ........</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_126">126</A></P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p17 ft2"><A href="#page_126">5.3</A></P></TD>
<TD colspan=2 class="tr4 td21"><P class="p31 ft2"><A href="#page_126">Värdepappersbolagsdirektivet .......................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_126">126</A></P></TD>
</TR>
<TR>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td22"><P class="p31 ft2"><A href="#page_126">5.3.1</A></P></TD>
<TD class="tr5 td23"><P class="p32 ft2"><A href="#page_126">Startkapital....................................................</A></P></TD>
<TD class="tr5 td16"><P class="p16 ft2"><A href="#page_126">126</A></P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p31 ft2"><A href="#page_127">5.3.2</A></P></TD>
<TD class="tr4 td23"><P class="p32 ft2"><A href="#page_127">Bolagsstyrning och riskhantering .................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_127">127</A></P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p31 ft2"><A href="#page_127">5.3.3</A></P></TD>
<TD class="tr4 td23"><P class="p32 ft2"><A href="#page_127">Ersättningsregler...........................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_127">127</A></P></TD>
</TR>
<TR>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td22"><P class="p31 ft2"><A href="#page_127">5.3.4</A></P></TD>
<TD class="tr5 td23"><P class="p32 ft2"><A href="#page_127">Tillsyn...........................................................</A></P></TD>
<TD class="tr5 td16"><P class="p16 ft2"><A href="#page_127">127</A></P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p31 ft2"><A href="#page_127">5.3.5</A></P></TD>
<TD class="tr4 td23"><P class="p32 ft2"><A href="#page_127">Samarbete och informationsutbyte ...............</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_127">127</A></P></TD>
</TR>
<TR>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p31 ft2"><A href="#page_128">5.3.6</A></P></TD>
<TD class="tr4 td23"><P class="p32 ft2"><A href="#page_128">Sanktioner.....................................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_128">128</A></P></TD>
</TR>
<TR>
<TD class="tr6 td17"><P class="p16 ft2"><A href="#page_128">6</A></P></TD>
<TD colspan=3 class="tr6 td20"><P class="p17 ft2"><A href="#page_128">Allmänna utgångspunkter ............................................................</A></P></TD>
<TD class="tr6 td16"><P class="p16 ft2"><A href="#page_128">128</A></P></TD>
</TR>
<TR>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p17 ft2"><A href="#page_128">6.1</A></P></TD>
<TD class="tr5 td22"><P class="p31 ft2"><A href="#page_128">Inledning</A></P></TD>
<TD class="tr5 td23"><P class="p18 ft2"><A href="#page_128">........................................................................</A></P></TD>
<TD class="tr5 td16"><P class="p16 ft2"><A href="#page_128">128</A></P></TD>
</TR>
</TABLE>
<P class="p33 ft2"><SPAN class="ft2">6.2</SPAN><A href="#page_128"><SPAN class="ft8">Värdepappersbolagsdirektivet bör som utgångspunkt</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t7">
<TR>
<TD class="tr5 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td19"><P class="p29 ft2"><A href="#page_128">genomföras genom bestämmelser i lag .........................</A></P></TD>
<TD class="tr5 td16"><P class="p16 ft2"><A href="#page_128">128</A></P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p30 ft2"><A href="#page_130">6.3</A></P></TD>
<TD class="tr4 td19"><P class="p29 ft2"><A href="#page_130">Termer och uttryck ........................................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_130">130</A></P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p30 ft2"><A href="#page_132">6.4</A></P></TD>
<TD class="tr4 td19"><P class="p29 ft2"><A href="#page_132">Hänvisningsteknik .........................................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_132">132</A></P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p30 ft2"><A href="#page_133">6.5</A></P></TD>
<TD class="tr4 td19"><P class="p29 ft2"><A href="#page_133">Behörig myndighet ........................................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_133">133</A></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr6 td25"><P class="p29 ft2"><A href="#page_134">7 Tillämpningsområdet för det nya regelverket ..............................</A></P></TD>
<TD class="tr6 td16"><P class="p16 ft2"><A href="#page_134">134</A></P></TD>
</TR>
</TABLE>
<P class="p34 ft2">3</P>
</DIV>
<DIV id="page_4">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD class="tr2 td26"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td18"><P class="p24 ft2"><A href="#page_134">7.1</A></P></TD>
<TD class="tr2 td27"><P class="p35 ft2"><A href="#page_134">Inledning</A></P></TD>
<TD class="tr2 td28"><P class="p16 ft2"><A href="#page_134">........................................................................</A></P></TD>
<TD class="tr2 td11"><P class="p16 ft2"><A href="#page_134">134</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_134">7.2</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_134">Värdepappersbolag.........................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_134">134</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_137">7.3</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_137">Värdepappersbolag med tillstånd att ta emot kunders</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_137">medel på konto för att underlätta</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td29"><P class="p35 ft2"><A href="#page_137">värdepappersrörelsen......................................................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_137">137</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_142">7.4</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_142">Fondbolag och </A><NOBR><A href="#page_142">AIF-förvaltare........................................</A></NOBR></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_142">142</A></P></TD>
</TR>
<TR>
<TD class="tr6 td26"><P class="p36 ft2"><A href="#page_144">8</A></P></TD>
<TD colspan=3 class="tr6 td30"><P class="p16 ft2"><A href="#page_144">Startkapital och kapitalkrav under pågående verksamhet .............</A></P></TD>
<TD class="tr6 td11"><P class="p16 ft2"><A href="#page_144">144</A></P></TD>
</TR>
<TR>
<TD class="tr6 td26"><P class="p36 ft2"><A href="#page_148">9</A></P></TD>
<TD colspan=3 class="tr6 td30"><P class="p16 ft2"><A href="#page_148">Bolagsstyrning och riskhantering..................................................</A></P></TD>
<TD class="tr6 td11"><P class="p16 ft2"><A href="#page_148">148</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_148">9.1</A></P></TD>
<TD class="tr4 td27"><P class="p35 ft2"><A href="#page_148">Inledning</A></P></TD>
<TD class="tr4 td28"><P class="p16 ft2"><A href="#page_148">........................................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_148">148</A></P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p24 ft2"><A href="#page_148">9.2</A></P></TD>
<TD colspan=2 class="tr5 td29"><P class="p35 ft2"><A href="#page_148">Kraven på individuell nivå .............................................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_148">148</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_153">9.3</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_153">Kraven på koncernnivå...................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_153">153</A></P></TD>
</TR>
<TR>
<TD class="tr6 td26"><P class="p36 ft2"><A href="#page_156">10</A></P></TD>
<TD colspan=3 class="tr6 td30"><P class="p16 ft2"><A href="#page_156">Ersättningar till vissa personalkategorier ......................................</A></P></TD>
<TD class="tr6 td11"><P class="p16 ft2"><A href="#page_156">156</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_156">10.1</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_156">På vilken föreskriftsnivå bör reglerna i</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td29"><P class="p35 ft2"><A href="#page_156">värdepappersbolagsdirektivet genomföras? ...................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_156">156</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_156">10.2</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_156">Ersättningssystem...........................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_156">156</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_160">10.3</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_160">Begränsningar för företag som tar emot offentligt</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td29"><P class="p35 ft2"><A href="#page_160">stöd .................................................................................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_160">160</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_161">10.4</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_161">Rörlig ersättning.............................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_161">161</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_165">10.5</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_165">Ersättningskommitté.......................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_165">165</A></P></TD>
</TR>
<TR>
<TD class="tr6 td26"><P class="p36 ft2"><A href="#page_166">11</A></P></TD>
<TD class="tr6 td18"><P class="p24 ft2"><A href="#page_166">Tillsyn</A></P></TD>
<TD colspan=2 class="tr6 td29"><P class="p16 ft2"><A href="#page_166">...........................................................................................</A></P></TD>
<TD class="tr6 td11"><P class="p16 ft2"><A href="#page_166">166</A></P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p24 ft2"><A href="#page_166">11.1</A></P></TD>
<TD colspan=2 class="tr5 td29"><P class="p35 ft2"><A href="#page_166">Allmänt om de behöriga myndigheterna ........................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_166">166</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_168">11.2</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_168">Administrativa förfaranden för kontroll</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_168">av att reglerna följs .........................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_168">168</A></P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p24 ft2"><A href="#page_170">11.3</A></P></TD>
<TD colspan=2 class="tr5 td29"><P class="p35 ft2"><A href="#page_170">Befogenhet att kräva information och utföra</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_170">platsundersökningar .......................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_170">170</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_173">11.4</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_173">Hur tillsynen ska utövas .................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_173">173</A></P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p24 ft2"><A href="#page_174">11.5</A></P></TD>
<TD colspan=2 class="tr5 td29"><P class="p35 ft2"><A href="#page_174">Tillsynsansvarig myndighet för</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_174">värdepappersföretagskoncerner......................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_174">174</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_179">11.6</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_179">Tillsyn över ersättningspolicy ........................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_179">179</A></P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p24 ft2"><A href="#page_180">11.7</A></P></TD>
<TD colspan=2 class="tr5 td29"><P class="p35 ft2"><A href="#page_180">Tillsynen över tillstånd att använda interna modeller.....</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_180">180</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_182">11.8</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_182">Särskilda krav på offentliggörande.................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_182">182</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_184">11.9</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_184">Skyldighet för Finansinspektionen att underrätta Eba....</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_184">184</A></P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p24 ft2"><A href="#page_185">11.10</A></P></TD>
<TD colspan=2 class="tr5 td29"><P class="p35 ft2"><A href="#page_185">Avgifter till Finansinspektionen .....................................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_185">185</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_186">11.11</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_186">Rapporteringsplikt för revisorer .....................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_186">186</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p24 ft2"><A href="#page_186">11.12</A></P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_186">System och skydd för visselblåsare ................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_186">186</A></P></TD>
</TR>
<TR>
<TD class="tr6 td26"><P class="p36 ft2"><A href="#page_188">12</A></P></TD>
<TD colspan=3 class="tr6 td30"><P class="p16 ft2"><A href="#page_188">Samarbete och informationsutbyte................................................</A></P></TD>
<TD class="tr6 td11"><P class="p16 ft2"><A href="#page_188">188</A></P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p24 ft2"><A href="#page_188">12.1</A></P></TD>
<TD colspan=2 class="tr5 td29"><P class="p35 ft2"><A href="#page_188">Allmänt om samarbete ...................................................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_188">188</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p35 ft2"><A href="#page_188">12.1.1</A></P></TD>
<TD class="tr4 td28"><P class="p37 ft2"><A href="#page_188">Samarbete mellan olika myndigheter</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td28"><P class="p16 ft2"><A href="#page_188">inom en medlemsstat .....................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_188">188</A></P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td27"><P class="p35 ft2"><A href="#page_189">12.1.2</A></P></TD>
<TD class="tr5 td28"><P class="p37 ft2"><A href="#page_189">Samarbete inom det europeiska systemet</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td28"><P class="p16 ft2"><A href="#page_189">för finansiell tillsyn .......................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_189">189</A></P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p35 ft2"><A href="#page_190">12.1.3</A></P></TD>
<TD class="tr4 td28"><P class="p16 ft2"><A href="#page_190">Tillsynens unionsdimension ..........................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_190">190</A></P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p24 ft2"><A href="#page_190">12.2</A></P></TD>
<TD colspan=2 class="tr5 td29"><P class="p35 ft2"><A href="#page_190">Samarbete och informationsutbyte mellan</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td29"><P class="p35 ft2"><A href="#page_190">behöriga myndigheter.....................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_190">190</A></P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td27"><P class="p35 ft2"><A href="#page_190">12.2.1</A></P></TD>
<TD class="tr5 td28"><P class="p37 ft2"><A href="#page_190">Hemmedlemsstaters och</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td28"><P class="p37 ft2"><A href="#page_190">värdmedlemsstaters</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td28"><P class="p16 ft2"><A href="#page_190">befogenheter och åligganden .........................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_190">190</A></P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr7 td26"><P class="p1 ft2">4</P></TD>
<TD class="tr5 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td27"><P class="p35 ft2"><A href="#page_191">12.2.2</A></P></TD>
<TD class="tr5 td28"><P class="p16 ft2"><A href="#page_191">Tillsyn av värdepappersföretagskoncerner ....</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_191">191</A></P></TD>
</TR>
<TR>
<TD class="tr8 td18"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td27"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td28"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td11"><P class="p18 ft9"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_5">
<TABLE cellpadding=0 cellspacing=0 class="t9">
<TR>
<TD class="tr2 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td32"><P class="p38 ft2"><A href="#page_193">12.2.3</A></P></TD>
<TD class="tr2 td33"><P class="p39 ft2"><A href="#page_193">Tystnadsplikt och utbyte av konfidentiell</A></P></TD>
<TD class="tr2 td14"><P class="p16 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td33"><P class="p39 ft2"><A href="#page_193">information ...................................................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_193">193</A></P></TD>
</TR>
<TR>
<TD class="tr4 td31"><P class="p16 ft2"><A href="#page_195">12.3</A></P></TD>
<TD colspan=2 class="tr4 td34"><P class="p38 ft2"><A href="#page_195">Tillsyn av myndighet i tredjeland..................................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_195">195</A></P></TD>
</TR>
</TABLE>
<P class="p40 ft2"><SPAN class="ft2">12.4</SPAN><A href="#page_198"><SPAN class="ft7">Samarbetsarrangemang för utbyte av information</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t10">
<TR>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td13"><P class="p24 ft2"><A href="#page_198">med myndigheter i tredjeländer.....................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_198">198</A></P></TD>
</TR>
<TR>
<TD class="tr4 td12"><P class="p23 ft2"><A href="#page_199">12.5</A></P></TD>
<TD class="tr4 td13"><P class="p24 ft2"><A href="#page_199">Samarbete med resolutionsmyndigheter........................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_199">199</A></P></TD>
</TR>
</TABLE>
<P class="p40 ft2"><SPAN class="ft2">12.6</SPAN><A href="#page_200"><SPAN class="ft7">Tystnadsplikt samt skyldighet att lämna uppgifter</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t11">
<TR>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td13"><P class="p29 ft2"><A href="#page_200">till undersökningsledare eller åklagare ..........................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_200">200</A></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr6 td25"><P class="p29 ft2"><A href="#page_202">13 Sanktioner och andra ingripanden................................................</A></P></TD>
<TD class="tr6 td16"><P class="p16 ft2"><A href="#page_202">202</A></P></TD>
</TR>
<TR>
<TD class="tr4 td35"><P class="p23 ft2"><A href="#page_202">13.1</A></P></TD>
<TD class="tr4 td13"><P class="p29 ft2"><A href="#page_202">Inledning........................................................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_202">202</A></P></TD>
</TR>
</TABLE>
<P class="p40 ft2"><SPAN class="ft2">13.2</SPAN><A href="#page_202"><SPAN class="ft7">Värdepappersbolag och fysiska personer som ingår i</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t12">
<TR>
<TD class="tr5 td15"><P class="p18 ft2"><A href="#page_202">ledningen .......................................................................</A></P></TD>
<TD class="tr5 td16"><P class="p16 ft2"><A href="#page_202">202</A></P></TD>
</TR>
</TABLE>
<P class="p41 ft2"><SPAN class="ft2">13.3</SPAN><A href="#page_206"><SPAN class="ft7">Ingripanden mot institut, andra företag och vissa</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t12">
<TR>
<TD class="tr4 td15"><P class="p18 ft2"><A href="#page_206">holdingföretag ...............................................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_206">206</A></P></TD>
</TR>
</TABLE>
<P class="p41 ft2"><SPAN class="ft2">13.4</SPAN><A href="#page_207"><SPAN class="ft7">Särskilt kapitalbaskrav, särskilt likviditetskrav och</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td34"><P class="p38 ft2"><A href="#page_207">övriga </A><A href="#page_207"><SPAN class="ft10">tillsyns</SPAN></A><A href="#page_207">åtgärder ..................................................</A></P></TD>
<TD class="tr5 td14"><P class="p25 ft2"><A href="#page_207">207</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p38 ft2"><A href="#page_207">13.4.1</A></P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><A href="#page_207">Särskilt kapitalbaskrav..................................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_207">207</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p38 ft2"><A href="#page_210">13.4.2</A></P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><A href="#page_210">Riktlinje för ytterligare kapitalbas ................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_210">210</A></P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td38"><P class="p38 ft2"><A href="#page_211">13.4.3</A></P></TD>
<TD class="tr5 td39"><P class="p18 ft2"><A href="#page_211">Särskilt likviditetskrav..................................</A></P></TD>
<TD class="tr5 td14"><P class="p25 ft2"><A href="#page_211">211</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p38 ft2"><A href="#page_212">13.4.4</A></P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><A href="#page_212">Övriga ingripandebefogenheter ....................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_212">212</A></P></TD>
</TR>
<TR>
<TD class="tr6 td36"><P class="p16 ft2"><A href="#page_213">14</A></P></TD>
<TD colspan=3 class="tr6 td40"><P class="p42 ft2"><A href="#page_213">Övriga frågor................................................................................</A></P></TD>
<TD class="tr6 td14"><P class="p25 ft2"><A href="#page_213">213</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p42 ft2"><A href="#page_213">14.1</A></P></TD>
<TD colspan=2 class="tr4 td34"><P class="p38 ft2"><A href="#page_213">Ändringar i MiFID II.....................................................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_213">213</A></P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td38"><P class="p38 ft2"><A href="#page_213">14.1.1</A></P></TD>
<TD class="tr5 td39"><P class="p18 ft2"><A href="#page_213">Inledning.......................................................</A></P></TD>
<TD class="tr5 td14"><P class="p25 ft2"><A href="#page_213">213</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p38 ft2"><A href="#page_214">14.1.2</A></P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><A href="#page_214">Företag från tredjeland .................................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_214">214</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p38 ft2"><A href="#page_215">14.1.3</A></P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><NOBR><A href="#page_215">Tick-size .......................................................</A></NOBR></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_215">215</A></P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td38"><P class="p38 ft2"><A href="#page_217">14.1.4</A></P></TD>
<TD class="tr5 td39"><P class="p18 ft2"><A href="#page_217">Informationsutbyte mellan behöriga</A></P></TD>
<TD class="tr5 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><A href="#page_217">myndigheter..................................................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_217">217</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p42 ft2"><A href="#page_217">14.2</A></P></TD>
<TD colspan=2 class="tr4 td34"><P class="p38 ft2"><A href="#page_217">Ändringar i krishanteringsdirektivet..............................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_217">217</A></P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p42 ft2"><A href="#page_220">14.3</A></P></TD>
<TD colspan=2 class="tr5 td34"><P class="p38 ft2"><A href="#page_220">Ändringar i buffertlagen ................................................</A></P></TD>
<TD class="tr5 td14"><P class="p25 ft2"><A href="#page_220">220</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p42 ft2"><A href="#page_221">14.4</A></P></TD>
<TD colspan=2 class="tr4 td34"><P class="p38 ft2"><A href="#page_221">Ändringar i kapitaltäckningsdirektivet ..........................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_221">221</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p38 ft2"><A href="#page_221">14.4.1</A></P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><A href="#page_221">Utökad räckvidd av termen institut vid</A></P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td38"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td39"><P class="p18 ft2"><A href="#page_221">viss tillgångsberäkning för grupp från</A></P></TD>
<TD class="tr5 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><A href="#page_221">tredjeland ......................................................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_221">221</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p38 ft2"><A href="#page_222">14.4.2</A></P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><A href="#page_222">Vissa andra ändringar i</A></P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td38"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td39"><P class="p18 ft2"><A href="#page_222">kapitaltäckningsdirektivet.............................</A></P></TD>
<TD class="tr5 td14"><P class="p25 ft2"><A href="#page_222">222</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p42 ft2"><A href="#page_223">14.5</A></P></TD>
<TD colspan=2 class="tr4 td34"><P class="p38 ft2"><A href="#page_223">Övriga lagändringar.......................................................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_223">223</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p38 ft2"><A href="#page_223">14.5.1</A></P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><A href="#page_223">Ändrad titel på tillsynsförordningen och</A></P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td38"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td39"><P class="p18 ft2"><A href="#page_223">kapitaltäckningsdirektivet.............................</A></P></TD>
<TD class="tr5 td14"><P class="p25 ft2"><A href="#page_223">223</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p38 ft2"><A href="#page_224">14.5.2</A></P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><A href="#page_224">Bemyndiganden i tillsynslagen.....................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_224">224</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p38 ft2"><A href="#page_224">14.5.3</A></P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><A href="#page_224">Övriga följdändringar med anledning av</A></P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td38"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td39"><P class="p18 ft2"><A href="#page_224">det nya regelverket .......................................</A></P></TD>
<TD class="tr5 td14"><P class="p25 ft2"><A href="#page_224">224</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p38 ft2"><A href="#page_227">14.5.4</A></P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><A href="#page_227">Offentliggörande av</A></P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td39"><P class="p18 ft2"><A href="#page_227">kapitaltäckningsinformation i</A></P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td38"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td39"><P class="p18 ft2"><A href="#page_227">årsredovisningen...........................................</A></P></TD>
<TD class="tr5 td14"><P class="p25 ft2"><A href="#page_227">227</A></P></TD>
</TR>
<TR>
<TD class="tr6 td36"><P class="p16 ft2"><A href="#page_228">15</A></P></TD>
<TD colspan=3 class="tr6 td40"><P class="p42 ft2"><A href="#page_228">Ikraftträdande- och övergångsbestämmelser................................</A></P></TD>
<TD class="tr6 td14"><P class="p25 ft2"><A href="#page_228">228</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p42 ft2"><A href="#page_228">15.1</A></P></TD>
<TD colspan=2 class="tr4 td34"><P class="p38 ft2"><A href="#page_228">Värdepappersbolagsförordningen..................................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_228">228</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p42 ft2"><A href="#page_228">15.2</A></P></TD>
<TD colspan=2 class="tr4 td34"><P class="p38 ft2"><A href="#page_228">Värdepappersbolagsdirektivet .......................................</A></P></TD>
<TD class="tr4 td14"><P class="p25 ft2"><A href="#page_228">228</A></P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td38"><P class="p38 ft2"><A href="#page_228">15.2.1</A></P></TD>
<TD class="tr5 td39"><P class="p18 ft2"><A href="#page_228">Ikraftträdande ...............................................</A></P></TD>
<TD class="tr5 td14"><P class="p25 ft2"><A href="#page_228">228</A></P></TD>
</TR>
<TR>
<TD class="tr9 td36"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td37"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td38"><P class="p38 ft12"><A href="#page_229">15.2.2</A></P></TD>
<TD class="tr9 td39"><P class="p18 ft12"><A href="#page_229">Övergångsbestämmelser...............................</A></P></TD>
<TD class="tr9 td14"><P class="p25 ft12"><A href="#page_229">229</A></P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td38"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td39"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td14"><P class="p16 ft2">5</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_6">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD class="tr2 td41"><P class="p18 ft2">Prop. 2020/21:173 <A href="#page_230">16</A></P></TD>
<TD colspan=2 class="tr2 td42"><P class="p43 ft2"><A href="#page_230">Förslagens konsekvenser ..............................................................</A></P></TD>
<TD class="tr2 td11"><P class="p16 ft2"><A href="#page_230">230</A></P></TD>
</TR>
<TR>
<TD class="tr3 td41"><P class="p44 ft2"><A href="#page_241">17</A></P></TD>
<TD colspan=2 class="tr3 td42"><P class="p43 ft2"><A href="#page_241">Författningskommentar.................................................................</A></P></TD>
<TD class="tr3 td11"><P class="p16 ft2"><A href="#page_241">241</A></P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p43 ft2"><A href="#page_241">17.1</A></P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_241">Förslaget till lag om ändring i lagen (2007:528) om</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_241">värdepappersmarknaden.................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_241">241</A></P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p43 ft2"><A href="#page_259">17.2</A></P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_259">Förslaget till lag om ändring i lagen (2014:968) om</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_259">särskild tillsyn över kreditinstitut och</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_259">värdepappersbolag..........................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_259">259</A></P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p43 ft2"><A href="#page_288">17.3</A></P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_288">Förslaget till lag om ändring i lagen (2014:966) om</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_288">kapitalbuffertar ...............................................................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_288">288</A></P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p43 ft2"><A href="#page_290">17.4</A></P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_290">Förslaget till lag om ändring i</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_290">kreditupplysningslagen (1973:1173) ..............................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_290">290</A></P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p43 ft2"><A href="#page_291">17.5</A></P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_291">Förslaget till lag om ändring i lagen (1980:1097) om</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_291">den Svenska skeppshypotekskassan ...............................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_291">291</A></P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p43 ft2"><A href="#page_292">17.6</A></P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_292">Förslaget till lag om ändring i sparbankslagen</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_292">(1987:619) ......................................................................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_292">292</A></P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p43 ft2"><A href="#page_292">17.7</A></P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_292">Förslaget till lag om ändring i lagen (1988:1385)</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_292">om Sveriges riksbank .....................................................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_292">292</A></P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p43 ft2"><A href="#page_293">17.8</A></P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_293">Förslaget till lag om ändring i lagen (1991:980) om</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_293">handel med finansiella instrument..................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_293">293</A></P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p43 ft2"><A href="#page_294">17.9</A></P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_294">Förslaget till lag om ändring i lagen (1995:1559) om</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_294">årsredovisning i kreditinstitut och</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_294">värdepappersbolag..........................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_294">294</A></P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p43 ft2"><A href="#page_294">17.10</A></P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_294">Förslaget till lag om ändring i inkomstskattelagen</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_294">(1999:1229) ....................................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_294">294</A></P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p43 ft2"><A href="#page_296">17.11</A></P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_296">Förslaget till lag om ändring i lagen (2000:192) om</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_296">allmänna pensionsfonder </A><NOBR><A href="#page_296">(AP-fonder) ...........................</A></NOBR></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_296">296</A></P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p43 ft2"><A href="#page_296">17.12</A></P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_296">Förslaget till lag om ändring i lagen (2004:46)</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_296">om värdepappersfonder ..................................................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_296">296</A></P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p43 ft2"><A href="#page_297">17.13</A></P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_297">Förslaget till lag om ändring i lagen (2004:297) om</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_297">bank- och finansieringsrörelse........................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_297">297</A></P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p43 ft2"><A href="#page_299">17.14</A></P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_299">Förslaget till lag om ändring i lagen (2006:531) om</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_299">särskild tillsyn över finansiella konglomerat..................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_299">299</A></P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p43 ft2"><A href="#page_301">17.15</A></P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_301">Förslaget till lag om ändring i lagen (2010:751) om</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_301">betaltjänster ....................................................................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_301">301</A></P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p43 ft2"><A href="#page_304">17.16</A></P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_304">Förslaget till lag om ändring i lagen (2011:755) om</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_304">elektroniska pengar ........................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_304">304</A></P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p43 ft2"><A href="#page_304">17.17</A></P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_304">Förslaget till lag om ändring i lagen (2013:561)</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_304">om förvaltare av alternativa investeringsfonder .............</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_304">304</A></P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p43 ft2"><A href="#page_307">17.18</A></P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_307">Förslaget till lag om ändring i lagen (2014:484)</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_307">om en databas för övervakning av och tillsyn över</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_307">finansmarknaderna .........................................................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_307">307</A></P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p43 ft2"><A href="#page_308">17.19</A></P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_308">Förslaget till lag om ändring i lagen (2015:1016)</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_308">om resolution..................................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_308">308</A></P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p43 ft2"><A href="#page_312">17.20</A></P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_312">Förslaget till lag om ändring i lagen (2018:1219)</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_312">om försäkringsdistribution..............................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_312">312</A></P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p43 ft2"><A href="#page_314">17.21</A></P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_314">Förslaget till lag om ändring i lagen (2020:1157) om</A></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td43"><P class="p45 ft2"><A href="#page_314">ändring i lagen (2007:528) om</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td43"><P class="p45 ft2"><A href="#page_314">värdepappersmarknaden.................................................</A></P></TD>
<TD class="tr5 td11"><P class="p16 ft2"><A href="#page_314">314</A></P></TD>
</TR>
<TR>
<TD class="tr10 td41"><P class="p1 ft2">6</P></TD>
<TD class="tr10 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr10 td43"><P class="p18 ft5"> </P></TD>
<TD class="tr10 td11"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_7">
<DIV>
<DIV id="id_1">
<P class="p46 ft2"><SPAN class="ft2">17.22</SPAN><A href="#page_316"><SPAN class="ft13">Förslaget till lag om ändring i lagen (2020:1208) om ändring i lagen (1995:1559) om årsredovisning i</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t12">
<TR>
<TD class="tr5 td15"><P class="p18 ft2"><A href="#page_316">kreditinstitut och värdepappersbolag.............................</A></P></TD>
<TD class="tr5 td16"><P class="p16 ft2"><A href="#page_316">316</A></P></TD>
</TR>
</TABLE>
<P class="p46 ft2"><SPAN class="ft2">17.23</SPAN><A href="#page_316"><SPAN class="ft13">Förslaget till lag om ändring i lagen (2020:1211) om ändring i lagen (2014:484) om en databas för</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t12">
<TR>
<TD class="tr5 td15"><P class="p18 ft2"><A href="#page_316">övervakning av och tillsyn över finansmarknaderna .....</A></P></TD>
<TD class="tr5 td16"><P class="p16 ft2"><A href="#page_316">316</A></P></TD>
</TR>
</TABLE>
<P class="p47 ft2"><SPAN class="ft2">17.24</SPAN><A href="#page_317"><SPAN class="ft13">Förslaget till lag om ändring i lagen (2021:000) om ändring i lagen (2007:528) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t12">
<TR>
<TD class="tr5 td15"><P class="p18 ft2"><A href="#page_317">värdepappersmarknaden ................................................</A></P></TD>
<TD class="tr5 td16"><P class="p16 ft2"><A href="#page_317">317</A></P></TD>
</TR>
</TABLE>
<P class="p41 ft2"><SPAN class="ft2">17.25</SPAN><A href="#page_319"><SPAN class="ft13">Förslaget till lag om ändring i lagen (2021:000) om</SPAN></A></P>
<TABLE cellpadding=0 cellspacing=0 class="t11">
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_319">ändring i lagen (2015:1016) om resolution ...................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_319">319</A></P></TD>
</TR>
<TR>
<TD class="tr6 td27"><P class="p18 ft2">Bilaga 1</P></TD>
<TD class="tr6 td29"><P class="p48 ft2"><A href="#page_324">Europaparlamentets och rådets förordning (EU)</A></P></TD>
<TD class="tr6 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_324">2019/2033 av den 27 november 2019 om</A></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_324">tillsynskrav för värdepappersföretag och om ändring</A></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td29"><P class="p48 ft2"><A href="#page_324">av förordningarna (EU) nr 1093/2010, (EU) nr</A></P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_324">575/2013, (EU) nr 600/2014 och (EU) nr 806/2014......</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_324">324</A></P></TD>
</TR>
<TR>
<TD class="tr6 td27"><P class="p18 ft2">Bilaga 2</P></TD>
<TD class="tr6 td29"><P class="p48 ft2"><A href="#page_387">Rättelse till Europaparlamentets och rådets</A></P></TD>
<TD class="tr6 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_387">förordning (EU) 2019/2033 av den 27 november</A></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td29"><P class="p48 ft2"><A href="#page_387">2019 om tillsynskrav för värdepappersföretag och</A></P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_387">om ändring av förordningarna (EU) nr 1093/2010,</A></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_387">(EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr</A></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td29"><P class="p48 ft2"><A href="#page_387">806/2014........................................................................</A></P></TD>
<TD class="tr5 td16"><P class="p16 ft2"><A href="#page_387">387</A></P></TD>
</TR>
<TR>
<TD class="tr6 td27"><P class="p18 ft2">Bilaga 3</P></TD>
<TD class="tr6 td29"><P class="p48 ft2"><A href="#page_389">Rättelse till Europaparlamentets och rådets</A></P></TD>
<TD class="tr6 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_389">förordning (EU) 2019/2033 av den 27 november</A></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_389">2019 om tillsynskrav för värdepappersföretag och</A></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td29"><P class="p48 ft2"><A href="#page_389">om ändring av förordningarna (EU) nr 1093/2010,</A></P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_389">(EU) nr 575/2013, (EU) nr 600/2014 och (EU)</A></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_389">nr 806/2014 ...................................................................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_389">389</A></P></TD>
</TR>
<TR>
<TD class="tr6 td27"><P class="p18 ft2">Bilaga 4</P></TD>
<TD class="tr6 td29"><P class="p48 ft2"><A href="#page_394">Europaparlamentets och rådets direktiv (EU)</A></P></TD>
<TD class="tr6 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td29"><P class="p48 ft2"><A href="#page_394">2019/2034 av den 27 november 2019 om tillsyn av</A></P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_394">värdepappersföretag och om ändring av direktiven</A></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_394">2002/87/EG, 2009/65/EG, 2011/61/EU,</A></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td29"><P class="p48 ft2"><A href="#page_394">2013/36/EU, 2014/59/EU och 2014/65/EU...................</A></P></TD>
<TD class="tr5 td16"><P class="p16 ft2"><A href="#page_394">394</A></P></TD>
</TR>
<TR>
<TD class="tr6 td27"><P class="p18 ft2">Bilaga 5</P></TD>
<TD class="tr6 td29"><P class="p48 ft2"><A href="#page_445">Rättelse till Europaparlamentets och rådets direktiv</A></P></TD>
<TD class="tr6 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_445">(EU) 2019/2034 av den 27 november 2019 om</A></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_445">tillsyn av värdepappersföretag och om ändring av</A></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td29"><P class="p48 ft2"><A href="#page_445">direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU,</A></P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td29"><P class="p48 ft2"><A href="#page_445">2013/36/EU, 2014/59/EU och 2014/65/EU...................</A></P></TD>
<TD class="tr4 td16"><P class="p16 ft2"><A href="#page_445">445</A></P></TD>
</TR>
<TR>
<TD class="tr6 td27"><P class="p18 ft2">Bilaga 6</P></TD>
<TD class="tr6 td29"><P class="p48 ft2"><A href="#page_446">Sammanfattning av betänkandet....................................</A></P></TD>
<TD class="tr6 td16"><P class="p16 ft2"><A href="#page_446">446</A></P></TD>
</TR>
<TR>
<TD class="tr6 td27"><P class="p18 ft2">Bilaga 7</P></TD>
<TD class="tr6 td29"><P class="p48 ft2"><A href="#page_450">Betänkandets lagförslag.................................................</A></P></TD>
<TD class="tr6 td16"><P class="p16 ft2"><A href="#page_450">450</A></P></TD>
</TR>
<TR>
<TD class="tr6 td27"><P class="p18 ft2">Bilaga 8</P></TD>
<TD class="tr6 td29"><P class="p48 ft2"><A href="#page_532">Förteckning över remissinstanserna ..............................</A></P></TD>
<TD class="tr6 td16"><P class="p16 ft2"><A href="#page_532">532</A></P></TD>
</TR>
<TR>
<TD class="tr6 td27"><P class="p18 ft2">Bilaga 9</P></TD>
<TD class="tr6 td29"><P class="p48 ft2"><A href="#page_533">Lagrådsremissens lagförslag .........................................</A></P></TD>
<TD class="tr6 td16"><P class="p16 ft2"><A href="#page_533">533</A></P></TD>
</TR>
<TR>
<TD class="tr6 td27"><P class="p18 ft2">Bilaga 10</P></TD>
<TD class="tr6 td29"><P class="p48 ft2"><A href="#page_634">Lagrådets yttrande .........................................................</A></P></TD>
<TD class="tr6 td16"><P class="p16 ft2"><A href="#page_634">634</A></P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p49 ft2">7</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_8">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD class="tr2 td44"><P class="p18 ft2">Prop. 2020/21:173 Bilaga 11</P></TD>
<TD class="tr2 td45"><P class="p48 ft2"><A href="#page_642">Parallelluppställning över genomförandet i svensk</A></P></TD>
<TD class="tr2 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td44"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td45"><P class="p48 ft2"><A href="#page_642">rätt av Europaparlamentets och rådets direktiv (EU)</A></P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td44"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td45"><P class="p48 ft2"><A href="#page_642">2019/2034.......................................................................</A></P></TD>
<TD class="tr4 td11"><P class="p16 ft2"><A href="#page_642">642</A></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr6 td46"><P class="p36 ft2"><A href="#page_652">Utdrag ur protokoll vid regeringssammanträde den 8 april 2021 .........</A></P></TD>
<TD class="tr6 td11"><P class="p16 ft2"><A href="#page_652">652</A></P></TD>
</TR>
</TABLE>
<P class="p50 ft2">8</P>
</DIV>
<DIV id="page_9">
<TABLE cellpadding=0 cellspacing=0 class="t14">
<TR>
<TD rowspan=2 class="tr11 td47"><P class="p51 ft1">1</P></TD>
<TD rowspan=2 class="tr11 td48"><P class="p38 ft1">Förslag till riksdagsbeslut</P></TD>
<TD class="tr2 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr12 td49"><P class="p18 ft14"> </P></TD>
</TR>
</TABLE>
<P class="p4 ft2">Regeringens förslag:</P>
<P class="p10 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft15">Riksdagen antar regeringens förslag till lag om ändring i lagen (2007:528) om värdepappersmarknaden.</SPAN></P>
<P class="p11 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft15">Riksdagen antar regeringens förslag till lag om ändring i lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappers- bolag.</SPAN></P>
<P class="p12 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft15">Riksdagen antar regeringens förslag till lag om ändring i lagen (2014:966) om kapitalbuffertar.</SPAN></P>
<P class="p10 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft15">Riksdagen antar regeringens förslag till lag om ändring i kreditupplys- ningslagen (1973:1173).</SPAN></P>
<P class="p12 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft15">Riksdagen antar regeringens förslag till lag om ändring i lagen (1980:1097) om Svenska skeppshypotekskassan.</SPAN></P>
<P class="p12 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft15">Riksdagen antar regeringens förslag till lag om ändring i sparbanks- lagen (1987:619).</SPAN></P>
<P class="p10 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft15">Riksdagen antar regeringens förslag till lag om ändring i lagen (1988:1385) om Sveriges riksbank.</SPAN></P>
<P class="p12 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft15">Riksdagen antar regeringens förslag till lag om ändring i lagen (1991:980) om handel med finansiella instrument.</SPAN></P>
<P class="p11 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft15">Riksdagen antar regeringens förslag till lag om ändring i lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag.</SPAN></P>
<P class="p10 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft16">Riksdagen antar regeringens förslag till lag om ändring i inkomst- skattelagen (1999:1229).</SPAN></P>
<P class="p12 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft16">Riksdagen antar regeringens förslag till lag om ändring i lagen (2000:192) om allmänna pensionsfonder </SPAN><NOBR>(AP-fonder).</NOBR></P>
<P class="p12 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft16">Riksdagen antar regeringens förslag till lag om ändring i lagen (2004:46) om värdepappersfonder.</SPAN></P>
<P class="p10 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft16">Riksdagen antar regeringens förslag till lag om ändring i lagen (2004:297) om bank- och finansieringsrörelse.</SPAN></P>
<P class="p12 ft2"><SPAN class="ft2">14.</SPAN><SPAN class="ft16">Riksdagen antar regeringens förslag till lag om ändring i lagen (2006:531) om särskild tillsyn över finansiella konglomerat.</SPAN></P>
<P class="p12 ft2"><SPAN class="ft2">15.</SPAN><SPAN class="ft16">Riksdagen antar regeringens förslag till lag om ändring i lagen (2010:751) om betaltjänster.</SPAN></P>
<P class="p10 ft2"><SPAN class="ft2">16.</SPAN><SPAN class="ft16">Riksdagen antar regeringens förslag till lag om ändring i lagen (2011:755) om elektroniska pengar.</SPAN></P>
<P class="p12 ft2"><SPAN class="ft2">17.</SPAN><SPAN class="ft16">Riksdagen antar regeringens förslag till lag om ändring i lagen (2013:561) om förvaltare av alternativa investeringsfonder.</SPAN></P>
<P class="p11 ft2"><SPAN class="ft2">18.</SPAN><SPAN class="ft16">Riksdagen antar regeringens förslag till lag om ändring i lagen (2014:484) om en databas för övervakning av och tillsyn över finans- marknaderna.</SPAN></P>
<P class="p12 ft2"><SPAN class="ft2">19.</SPAN><SPAN class="ft16">Riksdagen antar regeringens förslag till lag om ändring i lagen (2015:1016) om resolution.</SPAN></P>
<P class="p10 ft2"><SPAN class="ft2">20.</SPAN><SPAN class="ft16">Riksdagen antar regeringens förslag till lag om ändring i lagen (2018:1219) om försäkringsdistribution.</SPAN></P>
<P class="p11 ft2"><SPAN class="ft2">21.</SPAN><SPAN class="ft16">Riksdagen antar regeringens förslag till lag om ändring i lagen (2020:1157) om ändring i lagen (2007:528) om värdepappers- marknaden.</SPAN></P>
<P class="p52 ft2">9</P>
</DIV>
<DIV id="page_10">
<P class="p53 ft2">Prop. 2020/21:173 22. Riksdagen antar regeringens förslag till lag om ändring i lagen (2020:1208) om ändring i lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag.</P>
<P class="p54 ft2"><SPAN class="ft2">23.</SPAN><SPAN class="ft17">Riksdagen antar regeringens förslag till lag om ändring i lagen (2020:1211) om ändring i lagen (2014:484) om en databas för över- vakning av och tillsyn över finansmarknaderna.</SPAN></P>
<P class="p55 ft2"><SPAN class="ft2">24.</SPAN><SPAN class="ft17">Riksdagen antar regeringens förslag till lag om ändring i lagen (2021:000) om ändring i lagen (2007:528) om värdepappers- marknaden.</SPAN></P>
<P class="p56 ft2"><SPAN class="ft2">25.</SPAN><SPAN class="ft17">Riksdagen antar regeringens förslag till lag om ändring i lagen (2021:000) om ändring i lagen (2015:1016) om resolution.</SPAN></P>
<P class="p57 ft2">10</P>
</DIV>
<DIV id="page_11">
<DIV id="id_1">
<TABLE cellpadding=0 cellspacing=0 class="t15">
<TR>
<TD rowspan=2 class="tr11 td47"><P class="p51 ft1">2</P></TD>
<TD rowspan=2 class="tr11 td48"><P class="p38 ft1">Lagtext</P></TD>
<TD class="tr2 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr12 td49"><P class="p18 ft14"> </P></TD>
</TR>
</TABLE>
<P class="p58 ft2">Regeringen har följande förslag till lagtext.</P>
<P class="p59 ft18"><SPAN class="ft18">2.1</SPAN><SPAN class="ft19">Förslag till lag om ändring i lagen (2007:528) om värdepappersmarknaden</SPAN></P>
<P class="p60 ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>i fråga om lagen (2007:528) om värdepappersmark- naden</P>
<P class="p61 ft2"><SPAN class="ft3">dels </SPAN>att 1 kap. 4 a, 4 b och 5 §§, 3 kap. 6 och 7 §§, 7 kap. 1 §, 8 kap. 4, 5 och 35 §§, 8 a kap. 9 §, 8 b kap. 2 och 4 §§, 12 kap. 7 §, 13 kap. 1 i §, 23 kap. 4 §, 25 kap. 1 d § och rubriken närmast före 3 kap. 7 § ska ha följande lydelse, <SPAN class="ft3">dels </SPAN>att det ska införas fyra nya paragrafer, 8 kap. 1 <NOBR>a–1</NOBR> c och 4 c §§,</P>
<P class="p62 ft2">och närmast före 8 kap. 4 c § en ny rubrik av följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t16">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p63 ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap.</SPAN></P>
<P class="p64 ft2">4 a §<SPAN class="ft20">2</SPAN></P>
</DIV>
<DIV id="id_2">
<DIV id="id_2_1">
<P class="p65 ft2">I denna lag betyder</P>
<P class="p66 ft3"><SPAN class="ft24">direktivet om marknader för finansiella instrument</SPAN><SPAN class="ft2">: Europa- parlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument och om ändring av direktiv 2002/92/EG och av direktiv 2011/61/EU, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) </SPAN>2016/1034<SPAN class="ft2">,</SPAN></P>
<P class="p67 ft3"><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">: Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut </SPAN>och värdepappersföretag<SPAN class="ft2">, om ändring av direktiv 2002/87/EG och om</SPAN></P>
<P class="p68 ft2">upphävande av <SPAN class="ft3">direktiv </SPAN>2006/48/EG och 2006/49/EG, i</P>
</DIV>
<DIV id="id_2_2">
<P class="p69 ft3"><SPAN class="ft24">direktivet om marknader för finansiella instrument</SPAN><SPAN class="ft2">: Europa- parlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument och om ändring av direktiv 2002/92/EG och av direktiv 2011/61/EU, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) </SPAN>2019/2034<SPAN class="ft2">,</SPAN></P>
<P class="p70 ft3"><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">: Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om</SPAN></P>
<P class="p71 ft2">upphävande av <SPAN class="ft3">direktiven </SPAN>2006/48/EG och 2006/49/EG, i lydelsen enligt Europaparlamentets</P>
</DIV>
</DIV>
<DIV id="id_3">
<P class="p72 ft27"><SPAN class="ft25">1</SPAN><SPAN class="ft26">Jfr Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU, i den ursprungliga lydelsen, och Europaparlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument och om ändring av direktiv 2002/92/EG och av direktiv 2011/61/EU, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t17">
<TR>
<TD class="tr2 td13"><P class="p18 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2020:1210.</P></TD>
<TD class="tr2 td52"><P class="p16 ft2">11</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_12">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td8"><P class="p18 ft2">Prop. 2020/21:173 lydelsen enligt Europaparlamentets</P></TD>
<TD class="tr2 td53"><P class="p73 ft2">och</P></TD>
<TD class="tr2 td54"><P class="p18 ft2">rådets</P></TD>
<TD class="tr2 td55"><P class="p18 ft2">direktiv</P></TD>
<TD class="tr2 td56"><P class="p18 ft2">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td8"><P class="p36 ft2">och rådets direktiv (EU) <SPAN class="ft3">2019/878</SPAN>,</P></TD>
<TD colspan=2 class="tr4 td57"><P class="p73 ft3">2019/2034<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p74 ft2"><SPAN class="ft3">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för åter- hämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i den ursprungliga lydelsen,</P>
<P class="p75 ft2"><SPAN class="ft3">marknadsmissbruksförordningen</SPAN>: Europaparlamentets och rådets för- ordning (EU) nr 596/2014 av den 16 april 2014 om marknadsmissbruk (marknadsmissbruksförordning) och om upphävande av Europa- parlamentets och rådets direktiv 2003/6/EG och kommissionens direktiv 2003/124/EG, 2003/125/EG och 2004/72/EG,</P>
<P class="p76 ft2"><SPAN class="ft3">prospektförordningen</SPAN>: Europaparlamentets och rådets förordning (EU) 2017/1129 av den 14 juli 2017 om prospekt som ska offentliggöras när värdepapper erbjuds till allmänheten eller tas upp till handel på en reglerad</P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD colspan=6 class="tr5 td58"><P class="p18 ft2">marknad, och om upphävande av direktiv 2003/71/EG,</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p39 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td32"><P class="p44 ft2">Europa-</P></TD>
<TD colspan=5 class="tr4 td61"><P class="p45 ft21"><SPAN class="ft30">tillsynsförordningen</SPAN><SPAN class="ft31">:</SPAN></P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td62"><P class="p16 ft2">Europa-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td63"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=8 class="tr4 td64"><P class="p77 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft2">(EU) nr 575/2013 av</P></TD>
<TD class="tr4 td32"><P class="p44 ft2">den 26 juni</P></TD>
<TD class="tr4 td47"><P class="p77 ft2">(EU)</P></TD>
<TD colspan=3 class="tr4 td65"><P class="p43 ft2">nr 575/2013</P></TD>
<TD class="tr4 td59"><P class="p78 ft2">av</P></TD>
<TD class="tr4 td56"><P class="p32 ft2">den</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p16 ft2">26 juni</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td63"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD class="tr5 td47"><P class="p77 ft2">2013</P></TD>
<TD colspan=5 class="tr5 td66"><P class="p77 ft2">om tillsynskrav för</P></TD>
<TD colspan=2 class="tr5 td62"><P class="p16 ft2">kredit-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td63"><P class="p18 ft3"><SPAN class="ft2">institut </SPAN>och värdepappersföretag</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p77 ft2">institut</P></TD>
<TD class="tr4 td68"><P class="p79 ft2">och</P></TD>
<TD class="tr4 td69"><P class="p43 ft2">om</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td62"><P class="p18 ft2">ändring</P></TD>
<TD class="tr4 td56"><P class="p16 ft2">av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td63"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
<TD colspan=7 class="tr4 td70"><P class="p77 ft2">förordning (EU) nr 648/2012,</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td60"><P class="p18 ft2">nr 648/2012,</P></TD>
<TD class="tr5 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td64"><P class="p45 ft3"><SPAN class="ft24">värdepappersbolagsdirektivet</SPAN>:</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td61"><P class="p77 ft3">Europaparlamentets</P></TD>
<TD class="tr4 td56"><P class="p79 ft3">och</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p16 ft3">rådets</P></TD>
</TR>
<TR>
<TD class="tr5 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td64"><P class="p77 ft3">direktiv (EU) 2019/2034 av den</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td64"><P class="p77 ft3">27 november 2019 om tillsyn av</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td64"><P class="p77 ft3">värdepappersföretag och om änd-</P></TD>
</TR>
<TR>
<TD class="tr5 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p77 ft3">ring</P></TD>
<TD class="tr5 td31"><P class="p32 ft3">av</P></TD>
<TD colspan=3 class="tr5 td71"><P class="p43 ft3">direktiven</P></TD>
<TD colspan=3 class="tr5 td72"><P class="p16 ft21">2002/87/EG,</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td73"><P class="p77 ft3">2009/65/EG,</P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td72"><P class="p16 ft21">2011/61/EU,</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td73"><P class="p77 ft3">2013/36/EU,</P></TD>
<TD colspan=4 class="tr4 td74"><P class="p80 ft3">2014/59/EU</P></TD>
<TD class="tr4 td56"><P class="p16 ft3">och</P></TD>
</TR>
<TR>
<TD class="tr5 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td73"><P class="p77 ft3">2014/65/EU, i</P></TD>
<TD colspan=2 class="tr5 td75"><P class="p39 ft3">den</P></TD>
<TD colspan=3 class="tr5 td72"><P class="p16 ft21">ursprungliga</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td67"><P class="p77 ft3">lydelsen,</P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td70"><P class="p45 ft24">värdepappersbolagsförord-</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td67"><P class="p77 ft3"><SPAN class="ft24">ningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=5 class="tr5 td76"><P class="p18 ft3">Europaparlamentets</P></TD>
<TD class="tr5 td56"><P class="p16 ft3">och</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td64"><P class="p77 ft21">rådets förordning (EU) 2019/2033 av</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td64"><P class="p77 ft3">den 27 november 2019 om tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr5 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td64"><P class="p77 ft3">krav för värdepappersföretag och</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p77 ft3">om</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p18 ft3">ändring</P></TD>
<TD class="tr4 td69"><P class="p18 ft3">av</P></TD>
<TD colspan=4 class="tr4 td22"><P class="p16 ft21">förordningarna</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p77 ft3">(EU)</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td77"><P class="p43 ft3">nr 1093/2010,</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr5 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td64"><P class="p77 ft21">nr 575/2013, (EU) nr 600/2014 och</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td78"><P class="p77 ft3">(EU) nr 806/2014,</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p39 ft3">öppenhetsdirektivet<SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=3 class="tr4 td79"><P class="p24 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td68"><P class="p81 ft2">och</P></TD>
<TD colspan=3 class="tr4 td80"><P class="p78 ft31">rådets</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p16 ft2">direktiv</P></TD>
</TR>
</TABLE>
<P class="p82 ft2">2004/109/EG av den 15 december 2004 om harmonisering av insynskraven angående upplysningar om emittenter vars värdepapper är upptagna till handel på en reglerad marknad och om ändring av direktiv 2001/34/EG, i lydelsen enligt Europaparlamentets och rådets direktiv 2013/50/EU.</P>
<P class="p83 ft2">12</P>
</DIV>
<DIV id="page_13">
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr2 td81"><P class="p84 ft2">4 b §<SPAN class="ft20">3</SPAN></P></TD>
<TD class="tr2 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p85 ft2">I denna lag betyder</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p23 ft2"><SPAN class="ft3">anknutet ombud</SPAN>: en fysisk eller juridisk person som har träffat avtal med</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p23 ft2">ett svenskt värdepappersinstitut eller ett utländskt värdepappersföretag</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p23 ft2">som hör hemma inom EES om att för bara detta instituts eller företags</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p86 ft2">räkning</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">marknadsföra investerings- eller sidotjänster,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">ta emot eller vidarebefordra instruktioner eller order avseende investeringstjänster eller finansiella instrument,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">placera finansiella instrument, eller</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">tillhandahålla investeringsrådgivning avseende dessa instrument eller tjänster,</SPAN></P>
<P class="p89 ft2"><SPAN class="ft3">behörig myndighet</SPAN>: i Sverige Finansinspektionen och i särskilt angivna fall Bolagsverket och i övrigt en utländsk myndighet som har behörighet att utöva tillsyn över utländska värdepappersföretag och företag som driver en reglerad marknad eller annan motsvarande marknad eller som har behörighet att utöva tillsyn över emittenter vars överlåtbara värde- papper är upptagna till handel på en reglerad marknad,</P>
<P class="p90 ft2"><SPAN class="ft3">börs</SPAN>: ett svenskt aktiebolag eller en svensk ekonomisk förening som har fått tillstånd enligt denna lag att driva en eller flera reglerade marknader,</P>
<P class="p88 ft2"><SPAN class="ft3">clearingdeltagare</SPAN>: den som får delta i clearingverksamheten hos en clearingorganisation,</P>
<P class="p91 ft2"><SPAN class="ft3">clearingorganisation</SPAN>: ett företag som har fått tillstånd enligt 19 kap. eller Europaparlamentets och rådets förordning (EU) nr 648/2012,</P>
<P class="p91 ft2"><SPAN class="ft3">emittent</SPAN>: i fråga om aktier aktiebolaget och i fråga om annat finansiellt instrument utgivaren eller utfärdaren av instrumentet,</P>
<P class="p92 ft3">godkänd rapporteringsmekanism <NOBR>(ARM-leverantör)<SPAN class="ft2">:</SPAN></NOBR><SPAN class="ft2"> en fysisk eller juridisk person som har tillstånd att för värdepappersinstituts räkning rapportera uppgifter om transaktioner till behöriga myndigheter eller Europeiska värdepappers- och marknadsmyndigheten,</SPAN></P>
<P class="p93 ft3">godkänt publiceringsarrangemang <NOBR>(APA-leverantör)<SPAN class="ft2">:</SPAN></NOBR><SPAN class="ft2"> en fysisk eller juridisk person som har tillstånd att för värdepappersinstituts räkning publicera rapporter om värdepappershandeln enligt artiklarna 20 och 21 i förordningen om marknader för finansiella instrument,</SPAN></P>
<P class="p91 ft2"><SPAN class="ft3">handelsplats</SPAN>: en reglerad marknad, en multilateral handelsplattform <NOBR>(MTF-plattform)</NOBR> eller en organiserad handelsplattform <NOBR>(OTF-plattform),</NOBR></P>
<P class="p87 ft2"><SPAN class="ft3">handelsplattform</SPAN>: en <NOBR>MTF-plattform</NOBR> eller en <NOBR>OTF-plattform,</NOBR></P>
<P class="p94 ft2"><SPAN class="ft3">kreditinstitut</SPAN>: en bank, ett kreditmarknadsföretag eller ett utländskt bank- eller kreditföretag som driver bank- eller finansieringsrörelse från filial i Sverige,</P>
<P class="p89 ft3">leverantör av datarapporteringstjänster<SPAN class="ft2">: en godkänd rapporterings- mekanism </SPAN><NOBR><SPAN class="ft2">(ARM-leverantör),</SPAN></NOBR><SPAN class="ft2"> ett godkänt publiceringsarrangemang </SPAN><NOBR><SPAN class="ft2">(APA-leverantör)</SPAN></NOBR><SPAN class="ft2"> eller en tillhandahållare av konsoliderad handels- information </SPAN><NOBR><SPAN class="ft2">(CTP-leverantör),</SPAN></NOBR></P>
<P class="p95 ft3"><SPAN class="ft24">litet och </SPAN><NOBR><SPAN class="ft24">icke-sammanlänkat</SPAN></NOBR><SPAN class="ft24"> värdepappersbolag</SPAN>: ett värdepap- persbolag som anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepap-</P>
<TABLE cellpadding=0 cellspacing=0 class="t20">
<TR>
<TD class="tr2 td82"><P class="p18 ft29"><SPAN class="ft28">3 </SPAN>Senaste lydelse 2017:679.</P></TD>
<TD class="tr2 td83"><P class="p16 ft2">13</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_14">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td84"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td85"><P class="p18 ft3">persföretag enligt artikel 12.1 i</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft3">värdepappersbolagsförordningen,</P></TD>
</TR>
</TABLE>
<P class="p96 ft2"><SPAN class="ft3">marknadsgarant</SPAN>: en person som på fortlöpande basis åtagit sig att på finansiella marknader handla för egen räkning genom att köpa och sälja finansiella instrument med utnyttjande av egna tillgångar till priser som fastställts av denne,</P>
<P class="p97 ft2"><SPAN class="ft3">marknadsoperatör</SPAN>: en börs eller en eller flera juridiska personer i ett annat land inom EES som driver en eller flera reglerade marknader,</P>
<P class="p98 ft2"><NOBR><SPAN class="ft3">MTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som sammanför flera tredjeparters köp- och säljintressen i finansiella instrument – inom systemet och i enlighet med icke skönsmässiga regler – så att det leder till ett kontrakt,</P>
<P class="p98 ft2"><NOBR><SPAN class="ft3">OTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som inte är en reglerad marknad eller en <NOBR>MTF-plattform,</NOBR> och inom vilket flera tredje- parters köp- och säljintressen i obligationer, strukturerade finansiella produkter, utsläppsrätter eller derivat kan interagera inom systemet så att det leder till ett kontrakt,</P>
<P class="p99 ft2"><SPAN class="ft3">professionell kund</SPAN>: en sådan kund som avses i 9 kap. 4 eller 5 §,</P>
<P class="p98 ft2"><SPAN class="ft3">reglerad marknad</SPAN>: ett multilateralt system inom EES som sammanför eller möjliggör sammanförande av ett flertal köp- och säljintressen i finansiella instrument från tredjepart – regelmässigt, inom systemet och i enlighet med icke skönsmässiga regler – så att det leder till ett kontrakt,</P>
<P class="p99 ft2"><SPAN class="ft3">statlig emittent</SPAN>: någon av följande som emitterar skuldinstrument:</P>
<P class="p100 ft2">1. Europeiska unionen,</P>
<P class="p98 ft2">2. en stat inom EES, inbegripet förvaltningar, organ eller en särskild funktion i staten,</P>
<P class="p100 ft2">3. när det gäller en federal stat inom EES, en delstat i federationen,</P>
<P class="p99 ft2">4. en särskild funktion för flera stater inom EES,</P>
<P class="p96 ft2">5. en internationell finansinstitution som etablerats av minst två stater inom EES och vars mål är att ordna finansiering och tillhandahålla finansiellt bistånd till de stater som har eller riskerar att få allvarliga finansieringsproblem, och</P>
<P class="p99 ft2">6. Europeiska investeringsbanken,</P>
<P class="p98 ft2"><SPAN class="ft3">systematisk internhandlare</SPAN>: ett värdepappersinstitut som i en organiserad, frekvent, systematisk och väsentlig omfattning handlar för egen räkning när det utför kundorder utanför en reglerad marknad eller en handelsplattform utan att utnyttja ett multilateralt system,</P>
<P class="p101 ft21">tillhandahållare av konsoliderad handelsinformation <NOBR>(CTP-leverantör)<SPAN class="ft31">:</SPAN></NOBR><SPAN class="ft31"> en fysisk eller juridisk person som har tillstånd för att samla in rapporter om handeln med de finansiella instrument som anges i artiklarna 6, 7, 10, 12, 13, 20 och 21 i förordningen om marknader för finansiella instrument från handelsplatser och från en eller flera </SPAN><NOBR><SPAN class="ft31">APA-leverantörer</SPAN></NOBR><SPAN class="ft31"> samt konsoli- dera rapporterna till ett kontinuerligt elektroniskt informationsflöde med uppgifter om priser och volymer per finansiellt instrument,</SPAN></P>
<P class="p97 ft3">tillväxtmarknad för små och medelstora företag<SPAN class="ft2">: en </SPAN><NOBR><SPAN class="ft2">MTF-plattform</SPAN></NOBR><SPAN class="ft2"> som är registrerad som en tillväxtmarknad för små och medelstora företag hos Finansinspektionen enligt 11 kap. </SPAN><NOBR><SPAN class="ft2">13–15</SPAN></NOBR><SPAN class="ft2"> §§ eller hos en behörig myndighet i ett annat land inom EES,</SPAN></P>
<P class="p97 ft2"><SPAN class="ft3">utländskt kreditinstitut</SPAN>: ett kreditinstitut enligt 1 kap. 5 § första stycket 21 lagen (2004:297) om bank- och finansieringsrörelse,</P>
<P class="p102 ft2">14</P>
</DIV>
<DIV id="page_15">
<DIV>
<DIV id="id_1">
<P class="p103 ft2"><SPAN class="ft3">utländskt värdepappersföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva värdepappersrörelse,</P>
<P class="p104 ft31"><SPAN class="ft21">värdepappersbolag</SPAN>: ett svenskt aktiebolag som har fått tillstånd enligt denna lag att driva värdepappersrörelse och som inte är ett bankaktiebolag eller ett kreditmarknadsbolag enligt lagen om bank- och finansierings-</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td86"><P class="p18 ft2">rörelse,</P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p39 ft3"><SPAN class="ft24">värdepapperscentral</SPAN><SPAN class="ft2">: en värde-</SPAN></P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td44"><P class="p16 ft3"><SPAN class="ft24">värdepapperscentral</SPAN><SPAN class="ft2">: en värde-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">papperscentral enligt definitionen i</P></TD>
<TD colspan=5 class="tr5 td90"><P class="p18 ft2">papperscentral enligt definitionen i</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">artikel 2.1.1 i förordningen om</P></TD>
<TD colspan=2 class="tr4 td91"><P class="p18 ft2">artikel 2.1.1</P></TD>
<TD colspan=3 class="tr4 td78"><P class="p16 ft2">i förordningen om</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">värdepapperscentraler, <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=4 class="tr4 td92"><P class="p18 ft2">värdepapperscentraler,</P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td93"><P class="p18 ft3">värdepappersinriktat</P></TD>
<TD class="tr4 td94"><P class="p16 ft21">holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td91"><P class="p18 ft3"><SPAN class="ft24">företag</SPAN>: ett</P></TD>
<TD colspan=3 class="tr4 td78"><P class="p16 ft21">värdepappersinriktat</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td90"><P class="p18 ft21">holdingföretag enligt definitionen i</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td91"><P class="p18 ft3">artikel 4.1.23</P></TD>
<TD class="tr5 td47"><P class="p42 ft3">i</P></TD>
<TD colspan=2 class="tr5 td65"><P class="p16 ft21">värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td92"><P class="p18 ft3">bolagsförordningen, och</P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p105 ft2"><SPAN class="ft3">värdepappersinstitut</SPAN>: ett värdepappersbolag, ett svenskt kreditinstitut som har fått tillstånd enligt denna lag att driva värdepappersrörelse eller ett utländskt företag som driver värdepappersrörelse från filial i Sverige eller genom att använda anknutna ombud etablerade i Sverige.</P>
<P class="p106 ft2">5 §<SPAN class="ft20">4</SPAN></P>
<P class="p65 ft2">I denna lag betyder</P>
<P class="p105 ft2"><SPAN class="ft3">algoritmisk handel</SPAN>: handel med finansiella instrument där en dator- algoritm automatiskt bestämmer enskilda orderparametrar med begränsat eller inget mänskligt ingripande,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 class="tr5 td50"><P class="p107 ft2"><SPAN class="ft24">betydande filial</SPAN>: en filial som är</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft2"><SPAN class="ft24">betydande filial</SPAN>: en filial som är</P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft2">betydande</P></TD>
<TD colspan=2 class="tr4 td96"><P class="p108 ft2">enligt artikel 51.1 i</P></TD>
<TD class="tr4 td97"><P class="p18 ft2">betydande</P></TD>
<TD class="tr4 td98"><P class="p77 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p16 ft2">artikel 51.1 i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td99"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td74"><P class="p107 ft2">och rådets</P></TD>
<TD colspan=2 class="tr4 td100"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td101"><P class="p16 ft2">och rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">2013 om behörighet att utöva verk-</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft2">2013 om behörighet att utöva verk-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">samhet i kreditinstitut och om sär-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">samhet i kreditinstitut och om sär-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">skild tillsyn av kreditinstitut <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">skild tillsyn av kreditinstitut, om</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">, om ändring av</SPAN></P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft2">ändring av direktiv 2002/87/EG och</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">direktiv 2002/87/EG och om upp-</P></TD>
<TD colspan=2 class="tr4 td100"><P class="p18 ft2">om upphävande</P></TD>
<TD class="tr4 td6"><P class="p18 ft2">av</P></TD>
<TD class="tr4 td101"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft2">hävande av</P></TD>
<TD class="tr4 td102"><P class="p43 ft3">direktiv</P></TD>
<TD class="tr4 td74"><P class="p107 ft2">2006/48/EG</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">2006/48/EG och 2006/49/EG, i <SPAN class="ft3">lyd-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">och 2006/49/EG, i <SPAN class="ft3">den ursprung-</SPAN></P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft21">elsen enligt Europaparlamentets och</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td99"><P class="p18 ft3">liga lydelsen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft3">rådets direktiv (EU) 2019/2034<SPAN class="ft2">,</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td99"><P class="p39 ft24">blandat finansiellt</P></TD>
<TD class="tr4 td74"><P class="p108 ft30">holdingföre-</P></TD>
<TD class="tr4 td97"><P class="p39 ft24">blandat</P></TD>
<TD colspan=2 class="tr4 td97"><P class="p18 ft24">finansiellt</P></TD>
<TD class="tr4 td101"><P class="p16 ft30">holdingföre-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2"><SPAN class="ft24">tag</SPAN>: ett holdingföretag enligt</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft2"><SPAN class="ft24">tag</SPAN>: ett holdingföretag enligt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft3">artikel 4.1.21 i tillsynsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft21">artikel 4.1.40 i värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td100"><P class="p18 ft3">förordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td101"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p105 ft3">blandat finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotter- företag till ett</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">kreditinstitut, värdepappersbolag eller </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p109 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">annat blandat finansiellt holdingföretag eller ett finansiellt holding- företag som är etablerat i något annat land inom EES,</SPAN></P>
<P class="p110 ft29"><SPAN class="ft25">4</SPAN><SPAN class="ft32">Senaste lydelse 2017:679.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">15</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_16">
<TABLE cellpadding=0 cellspacing=0 class="t22">
<TR>
<TD class="tr2 td66"><P class="p107 ft2">Prop. 2020/21:173</P></TD>
<TD colspan=3 class="tr2 td103"><P class="p39 ft2"><SPAN class="ft3">börshandlad fond</SPAN>: en fond där minst en andels- eller aktieklass handlas</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p18 ft2">hela dagen på minst en handelsplats och med minst en marknadsgarant</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p18 ft2">som vidtar åtgärder för att säkerställa att andels- eller aktiepriset på</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p18 ft2">handelsplatsen inte i betydande grad skiljer sig från dess nettotillgångs-</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td103"><P class="p18 ft2">värde och, i tillämpliga fall, från dess preliminära nettotillgångsvärde,</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p39 ft2"><SPAN class="ft3">direkt elektroniskt tillträde</SPAN>: ett handelsplatsarrangemang där en del-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p18 ft2">tagare på en handelsplats ger en person tillåtelse att använda deltagarens</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td103"><P class="p18 ft31">handelskod så att personen elektroniskt kan vidarebefordra order avseende</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td104"><P class="p18 ft2">ett finansiellt instrument direkt till handelsplatsen,</P></TD>
<TD class="tr4 td105"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td104"><P class="p39 ft2"><SPAN class="ft3">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P></TD>
<TD class="tr4 td105"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td103"><P class="p39 ft31"><NOBR><SPAN class="ft21">EES-institut</SPAN>:</NOBR> ett utländskt kreditinstitut eller ett utländskt värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p18 ft2">företag som är hemmahörande i något annat land inom EES än Sverige,</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p39 ft31"><SPAN class="ft21">filial</SPAN>: ett avdelningskontor med självständig förvaltning, varvid även ett</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td103"><P class="p18 ft31">utländskt värdepappersföretags etablering av flera driftställen i Sverige ska</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td106"><P class="p18 ft2">anses som en enda filial,</P></TD>
<TD class="tr4 td107"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td105"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p39 ft31"><SPAN class="ft21">finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.20 i tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td106"><P class="p18 ft2">förordningen,</P></TD>
<TD class="tr5 td107"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td105"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td106"><P class="p39 ft3"><SPAN class="ft24">finansiellt institut</SPAN><SPAN class="ft2">: ett finansiellt</SPAN></P></TD>
<TD colspan=2 class="tr4 td108"><P class="p16 ft3"><SPAN class="ft24">finansiellt institut</SPAN><SPAN class="ft2">: ett finansiellt</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td106"><P class="p18 ft3"><SPAN class="ft2">institut enligt </SPAN>artikel 4.1.26 i till-</P></TD>
<TD colspan=2 class="tr4 td108"><P class="p16 ft3"><SPAN class="ft2">institut enligt </SPAN>artikel 4.1.14 i värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td106"><P class="p18 ft3">synsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=2 class="tr5 td108"><P class="p80 ft3">pappersbolagsförordningen<SPAN class="ft2">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p39 ft3">finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p18 ft2">finansiellt holdingföretag som inte självt är ett dotterföretag till ett</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td103"><P class="p39 ft2">1. kreditinstitut, värdepappersbolag eller <NOBR>EES-institut,</NOBR> eller</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p39 ft2">2. annat finansiellt holdingföretag eller ett blandat finansiellt holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td104"><P class="p18 ft2">företag som är etablerat i något land inom EES,</P></TD>
<TD class="tr4 td105"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td103"><P class="p39 ft2"><SPAN class="ft3">hemland</SPAN>: det land där ett företag har fått tillstånd att driva sådan verk-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td106"><P class="p18 ft2">samhet som avses i denna lag,</P></TD>
<TD class="tr4 td107"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td105"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p39 ft3">holdingföretag med blandad verksamhet<SPAN class="ft2">: holdingföretag enligt</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td106"><P class="p18 ft2">artikel 4.1.22 i tillsynsförordningen,</P></TD>
<TD class="tr5 td107"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td105"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td106"><P class="p39 ft2"><SPAN class="ft24">kapitalbas</SPAN>: detsamma som i</P></TD>
<TD class="tr4 td107"><P class="p112 ft3"><SPAN class="ft24">kapitalbas</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td105"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td106"><P class="p18 ft2">artikel 72 i tillsynsförordningen,</P></TD>
<TD class="tr4 td107"><P class="p112 ft3">1. för andra</P></TD>
<TD class="tr4 td105"><P class="p16 ft21">värdepappersbolag</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td108"><P class="p16 ft3">än sådana som avses i 1 kap. 2 §</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td107"><P class="p80 ft3">första</P></TD>
<TD class="tr4 td105"><P class="p16 ft3">stycket 7 <NOBR>c<SPAN class="ft2">–</SPAN>f</NOBR></P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td108"><P class="p16 ft3">lagen (2014:968) om särskild till-</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td108"><P class="p16 ft3">syn över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td107"><P class="p80 ft3">pappersbolag,</P></TD>
<TD class="tr4 td105"><P class="p16 ft3">detsamma som i</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td108"><P class="p16 ft3">artikel 9 i värdepappersbolagsför-</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td107"><P class="p80 ft3">ordningen,</P></TD>
<TD class="tr5 td105"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td108"><P class="p16 ft3">2. för övriga företag, <SPAN class="ft2">detsamma</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td108"><P class="p16 ft2">som i artikel 72 i tillsynsförord-</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td107"><P class="p80 ft2">ningen,</P></TD>
<TD class="tr5 td105"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td106"><P class="p39 ft3">koncern<SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td107"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td105"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p39 ft2">1. i 8 a, 8 b och 25 b kap., detsamma som i 2 kap. 1 § lagen (2015:1016)</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td106"><P class="p18 ft2">om resolution,</P></TD>
<TD class="tr5 td107"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td105"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p39 ft2">2. i övriga kapitel, detsamma som i 1 kap. 11 och 12 §§ aktiebolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p18 ft2">lagen (2005:551), varvid det som sägs om moderbolag tillämpas även på</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td104"><P class="p18 ft2">andra juridiska personer än aktiebolag,</P></TD>
<TD class="tr5 td105"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p39 ft31"><SPAN class="ft21">koncernåterhämtningsplan</SPAN>: en plan som upprättats av ett moderföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td103"><P class="p18 ft2">inom EES i syfte att identifiera åtgärder som de företag i en grupp som</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td103"><P class="p18 ft31">omfattas av gruppbaserad tillsyn avser att vidta för att bevara eller återställa</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p113 ft2">16</P></TD>
<TD class="tr4 td106"><P class="p18 ft2">koncernens eller ett i koncernen</P></TD>
<TD colspan=2 class="tr4 td108"><P class="p16 ft2">ingående värdepappersbolags eller</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_17">
<DIV id="tx1"><SPAN class="ft24">startkapital</SPAN><SPAN class="ft2">:</SPAN></DIV>
<DIV id="tx2"><SPAN class="ft21">1. för andra värdepappersbolag än sådana som avses i 1 kap. 2 § första stycket 7 c lagen om särskild tillsyn över kreditinstitut och värde- pappersbolag, det kapital som för</SPAN></DIV>
<DIV id="tx3"><SPAN class="ft3">värdepappersföretag avses i artikel 3.1.18 i värdepappersbolags- direktivet,</SPAN></DIV>
<DIV>
<DIV id="id_1">
<P class="p114 ft2">utländskt värdepappersföretags finansiella ställning och livskraft efter en betydande försämring av den finansiella situationen,</P>
<P class="p103 ft2"><SPAN class="ft3">kvalificerat innehav</SPAN>: ett direkt eller indirekt ägande i ett företag, om innehavet beräknat på det sätt som anges i 5 a § representerar tio procent eller mer av kapitalet eller av samtliga röster eller annars möjliggör ett väsentligt inflytande över ledningen av företaget,</P>
<P class="p115 ft2"><SPAN class="ft3">likvid marknad</SPAN>: en marknad för ett finansiellt instrument eller en klass av finansiella instrument, där det ständigt finns beredda och villiga köpare och säljare, enligt en bedömning utifrån</P>
<P class="p116 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">den genomsnittliga transaktionsfrekvensen och transaktionsvolymen under ett antal marknadsvillkor,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">antalet och typen av marknadsaktörer, och</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">den genomsnittliga storleken på skillnader mellan köp- och säljkurser (spreadar),</SPAN></P>
<P class="p65 ft3">matchad principalhandel<SPAN class="ft2">: en transaktion</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">där en mellanhand träder in mellan köpare och säljare på ett sådant sätt att mellanhanden under transaktionens utförande aldrig exponeras för marknadsrisk,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">där båda sidor av transaktionen genomförs samtidigt, och</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">som genomförs till ett pris som innebär att mellanhanden inte gör någon vinst eller förlust, förutom tidigare tillkännagivna arvoden eller avgifter för transaktionen,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft3">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moderholdingföretag inom EES eller ett blandat finansiellt moderholding- företag inom EES,</P>
<P class="p105 ft2"><SPAN class="ft3">moderinstitut inom EES</SPAN>: ett kreditinstitut, värdepappersbolag eller EES- institut som är ett moderföretag och som inte självt är ett dotterföretag till ett</P>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">annat kreditinstitut, värdepappersbolag eller </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p109 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p116 ft2"><SPAN class="ft3">multilateralt system</SPAN>: ett system där flera tredjeparters köp- och sälj- intressen i finansiella instrument kan interagera inom systemet,</P>
<P class="p105 ft2"><SPAN class="ft3">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som ansvarar för att utöva gruppbaserad tillsyn av moderinstitut inom EES och av värde- pappersbolag och kreditinstitut som kontrolleras av finansiella moder- holdingföretag inom EES eller blandade finansiella moderholdingföretag inom EES,</P>
<P class="p105 ft2"><SPAN class="ft3">små och medelstora företag</SPAN>: företag som har ett genomsnittligt börsvärde som understeg 200 miljoner euro beräknat på slutkurser för de tre föregående kalenderåren,</P>
<P class="p87 ft2"><SPAN class="ft24">startkapital</SPAN>: det kapital som <SPAN class="ft3">för</SPAN></P>
<P class="p117 ft3">värdepappersföretag <SPAN class="ft2">avses i artikel 4.51 i tillsynsförordningen,</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">17</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_18">
<DIV>
<DIV id="id_1">
<P class="p118 ft2">Prop. 2020/21:173</P>
<P class="p119 ft2">18</P>
</DIV>
<DIV id="id_2">
<P class="p120 ft3">2. för övriga företag, <SPAN class="ft2">det kapital som avses i artikel 4.51 i tillsyns- förordningen,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft3">strukturerad insättning</SPAN>: en insättning enligt definitionen i 2 § lagen (1995:1571) om insättningsgaranti, som måste betalas helt på för- fallodagen enligt villkor som innebär att eventuell ränta eller premie ska beräknas utifrån</P>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">ett index eller en kombination av index, med undantag för ränteindex,</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">ett finansiellt instrument eller en kombination av finansiella instru- ment,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">en råvara eller en kombination av råvaror eller andra </SPAN><NOBR>icke-fungibla</NOBR> tillgångar,</P>
<P class="p87 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">en valutakurs eller en kombination av valutakurser, eller</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">andra faktorer,</SPAN></P>
<P class="p123 ft3">strukturerade finansiella produkter<SPAN class="ft2">: detsamma som i artikel 2.1.28 i förordningen om marknader för finansiella instrument,</SPAN></P>
<P class="p122 ft3">teknik för algoritmisk högfrekvenshandel<SPAN class="ft2">: en teknik för algoritmisk handel som kännetecknas av</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">att infrastrukturen är avsedd att minimera fördröjning (latens) genom samlokalisering, närvärdskap eller elektroniskt höghastighetstillträde,</SPAN></P>
<P class="p124 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">att systemet beslutar när en order ska initieras, genereras, styras eller utföras utan mänsklig medverkan för enskilda handelstransaktioner eller enskilda order, och</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">stor mängd intradagsmeddelanden som utgör order, bud eller annulle- ringar,</SPAN></P>
<P class="p87 ft3">varaktigt medium<SPAN class="ft2">: ett medel som</SPAN></P>
<P class="p124 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">gör det möjligt för kunden att bevara information som riktas till denne personligen på ett sätt som är tillgängligt för användning i framtiden och under en tid som är lämplig med hänsyn till vad som är avsikten med informationen, och</SPAN></P>
<P class="p125 ft31"><SPAN class="ft2">2.</SPAN><SPAN class="ft34">möjliggör oförändrad återgivning av den bevarade informationen, och </SPAN><SPAN class="ft21">återhämtningsplan</SPAN>: en plan som upprättas av ett värdepappersbolag i syfte att vidta åtgärder som bolaget avser att vidta för att bevara eller återställa sin finansiella ställning och livskraft efter en betydande försämring av den</P>
<P class="p102 ft2">finansiella situationen.</P>
<P class="p126 ft22"><SPAN class="ft35">3</SPAN><SPAN class="ft36">kap. </SPAN><SPAN class="ft2">6 §</SPAN><SPAN class="ft20">5</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td50"><P class="p30 ft2">Ett värdepappersbolag ska <SPAN class="ft3">när</SPAN></P></TD>
<TD class="tr4 td85"><P class="p48 ft2">Ett värdepappersbolag ska ha ett</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p30 ft21">verksamheten påbörjas <SPAN class="ft31">ha ett start-</SPAN></P></TD>
<TD class="tr4 td85"><P class="p18 ft2">startkapital som vid tidpunkten för</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p30 ft2">kapital som vid tidpunkten för</P></TD>
<TD class="tr5 td85"><P class="p18 ft2">beslut om tillstånd motsvarar</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p127 ft2">beslut om tillstånd motsvarar</P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p122 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">minst 5 000 000 euro om bolagets verksamhet ska innefatta mot- tagande av medel på konto enligt 2 kap. 2 § första stycket 8,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td109"><P class="p108 ft2">2. minst <SPAN class="ft3">730 000 </SPAN>euro om bolaget</P></TD>
<TD class="tr4 td110"><P class="p48 ft2">2. minst <SPAN class="ft3">750 000 </SPAN>euro om bolaget</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">ska driva verksamhet som avses i</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">ska driva verksamhet som avses i</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p128 ft2">2 kap. 1 § 3<SPAN class="ft3">, </SPAN>6 <SPAN class="ft3">och 8</SPAN>,</P></TD>
<TD class="tr5 td110"><P class="p18 ft2">2 kap. 1 § 3 <SPAN class="ft3">eller </SPAN>6,</P></TD>
</TR>
</TABLE>
<P class="p129 ft29"><SPAN class="ft25">5</SPAN><SPAN class="ft32">Senaste lydelse 2018:1226. Ändringen innebär bl.a. att tredje stycket tas bort.</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_19">
<DIV>
<DIV id="id_1">
<P class="p130 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">minst </SPAN><SPAN class="ft3">125 000 </SPAN>euro om inte högre belopp krävs enligt 1 eller 2, och</P>
<P class="p131 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">minst </SPAN><SPAN class="ft3">50 000 </SPAN>euro om bolaget ska driva enbart verksamhet som avses i 2 kap. 1 § 1 eller 5 och inte kommer att inneha kunders medel eller värdepapper.</P>
<P class="p132 ft3">Ett värdepappersbolag som avses</P>
<P class="p133 ft3"><SPAN class="ft3">i</SPAN><SPAN class="ft37">första stycket 4 får som ett alternativ till startkapital ha</SPAN></P>
<P class="p130 ft3"><SPAN class="ft3">1.</SPAN><SPAN class="ft38">en ansvarsförsäkring med ett försäkringsbelopp om mot-</SPAN></P>
<P class="p134 ft3">svarande minst 1 000 000 euro per skadeståndskrav och minst 1 500 000 euro per år för samtliga skadeståndskrav,</P>
<P class="p131 ft3"><SPAN class="ft3">2.</SPAN><SPAN class="ft38">en garanti eller liknande ut- fästelse som ger ett motsvarande skydd, eller</SPAN></P>
<P class="p135 ft3"><SPAN class="ft3">3.</SPAN><SPAN class="ft38">en kombination av startkapital och försäkring eller garanti eller liknande utfästelse som ger ett motsvarande skydd.</SPAN></P>
<P class="p115 ft21">Om värdepappersbolaget är registrerat som försäkringsför- medlare enligt 2 kap. 3 § lagen (2018:1219) om försäkringsdistri- bution, gäller dock i stället för första stycket 4 att bolaget ska ha ett startkapital som motsvarar minst 25 000 euro eller ha en ansvars- försäkring eller en garanti eller liknande utfästelse som täcker den skadeståndsskyldighet som kan upp- komma till följd av verksamheten. Antingen ska försäkringsbeloppet uppgå till motsvarande minst 500 000 euro per skadeståndskrav och minst 750 000 euro per år för samtliga skadeståndskrav eller ska bolaget ha en kombination av start- kapital och försäkring eller garanti eller liknande utfästelse som ger ett motsvarande skydd.</P>
</DIV>
<DIV id="id_2">
<P class="p136 ft2">3. minst <SPAN class="ft3">150 000 </SPAN>euro om inte Prop. 2020/21:173 högre belopp krävs enligt 1 eller 2,</P>
<P class="p14 ft2">och</P>
<P class="p89 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">minst </SPAN><SPAN class="ft3">75 000 </SPAN>euro om bolaget ska driva enbart verksamhet som avses i 2 kap. 1 § 1<SPAN class="ft3">, 2, 4, </SPAN>5 <SPAN class="ft3">eller 7 </SPAN>och inte kommer att inneha kunders medel eller värdepapper.</P>
<P class="p137 ft3">Startkapitalet ska för värde- pappersbolag som avses i första stycket 1 vara sammansatt enligt artikel 72 i tillsynsförordningen. För övriga värdepappersbolag ska startkapitalet vara sammansatt enligt artikel 9 i värdepappers- bolagsförordningen<SPAN class="ft2">.</SPAN></P>
<P class="p138 ft2">19</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_20">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD colspan=5 class="tr2 td111"><P class="p139 ft3"><SPAN class="ft2">Prop. 2020/21:173 </SPAN><SPAN class="ft24">Kapitalkrav under pågående</SPAN></P></TD>
<TD class="tr2 td112"><P class="p18 ft3"><SPAN class="ft24">Kapitaltäckning</SPAN><SPAN class="ft20">6</SPAN></P></TD>
<TD class="tr2 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td85"><P class="p36 ft24">verksamhet</P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td115"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td114"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td116"><P class="p140 ft2">7 §<SPAN class="ft20">7</SPAN></P></TD>
<TD class="tr13 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td111"><P class="p108 ft2">Bestämmelser om kapitaltäckning</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p48 ft2">Bestämmelser om kapitaltäckning</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td111"><P class="p108 ft3">och stora exponeringar <SPAN class="ft2">finns i</SPAN></P></TD>
<TD class="tr5 td112"><P class="p18 ft2">finns i</P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td85"><P class="p36 ft3">förordning</P></TD>
<TD class="tr4 td12"><P class="p18 ft3">(EU)</P></TD>
<TD colspan=2 class="tr4 td117"><P class="p108 ft3">nr 575/2013<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=3 class="tr4 td110"><P class="p48 ft3">– värdepappersbolagsförord-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td111"><P class="p108 ft2">lagen (2014:968) om särskild tillsyn</P></TD>
<TD class="tr4 td112"><P class="p18 ft3">ningen,</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td111"><P class="p108 ft2">över kreditinstitut och värdepappers-</P></TD>
<TD colspan=2 class="tr5 td118"><P class="p48 ft3">– tillsynsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td111"><P class="p108 ft2">bolag och lagen (2014:966) om</P></TD>
<TD class="tr4 td112"><P class="p48 ft2"><SPAN class="ft3">– </SPAN>lagen (2014:968)</P></TD>
<TD class="tr4 td113"><P class="p18 ft2">om</P></TD>
<TD class="tr4 td62"><P class="p16 ft2">särskild</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td119"><P class="p36 ft2">kapitalbuffertar.</P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td110"><P class="p18 ft31">tillsyn över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td115"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td112"><P class="p18 ft2">pappersbolag<SPAN class="ft3">, </SPAN>och</P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td115"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td112"><P class="p48 ft2"><SPAN class="ft3">– </SPAN>lagen (2014:966)</P></TD>
<TD class="tr4 td113"><P class="p18 ft2">om</P></TD>
<TD class="tr4 td62"><P class="p16 ft2">kapital-</P></TD>
</TR>
<TR>
<TD class="tr4 td115"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td112"><P class="p18 ft2">buffertar.</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td111"><P class="p108 ft3">Kapitalbasen i ett värdepappers-</P></TD>
<TD class="tr5 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td111"><P class="p108 ft3">bolag som inte omfattas av bestäm-</P></TD>
<TD class="tr4 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td85"><P class="p36 ft3">melserna om</P></TD>
<TD colspan=3 class="tr4 td61"><P class="p108 ft3">kapitaltäckning och</P></TD>
<TD class="tr4 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td115"><P class="p36 ft3">stora</P></TD>
<TD colspan=2 class="tr5 td91"><P class="p1 ft3">exponeringar</P></TD>
<TD class="tr5 td114"><P class="p77 ft21">enligt</P></TD>
<TD class="tr5 td54"><P class="p108 ft3">första</P></TD>
<TD class="tr5 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td111"><P class="p108 ft3">stycket får inte understiga det</P></TD>
<TD class="tr4 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td111"><P class="p108 ft3">belopp som enligt <SPAN class="ft2">6 § </SPAN>krävdes när</P></TD>
<TD class="tr4 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td111"><P class="p108 ft3">verksamheten påbörjades<SPAN class="ft2">. </SPAN>Om ett</P></TD>
<TD class="tr5 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td111"><P class="p108 ft3">sådant värdepappersbolag har bytt</P></TD>
<TD class="tr4 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td119"><P class="p36 ft3">redovisningsvaluta,</P></TD>
<TD class="tr4 td114"><P class="p18 ft3">gäller</P></TD>
<TD class="tr4 td54"><P class="p108 ft21">i stället</P></TD>
<TD class="tr4 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td111"><P class="p108 ft3">att kapitalbasen inte får understiga</P></TD>
<TD class="tr5 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td111"><P class="p108 ft3">det högsta av de belopp som avses i</P></TD>
<TD class="tr4 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td111"><P class="p108 ft3">6 och 7 §§ lagen (2000:35) om byte</P></TD>
<TD class="tr4 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td111"><P class="p108 ft3">av redovisningsvaluta i finansiella</P></TD>
<TD class="tr5 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td85"><P class="p36 ft3">företag<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td115"><P class="p141 ft3">Ett</P></TD>
<TD class="tr4 td75"><P class="p18 ft3">sådant</P></TD>
<TD colspan=3 class="tr4 td61"><P class="p108 ft3">värdepappersbolags</P></TD>
<TD class="tr4 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p142 ft3">alternativ till startkapital enligt 6 § andra eller tredje stycket får inte i värde understiga vad som krävdes när verksamheten påbörjades.</P>
<P class="p143 ft22">7 kap.</P>
<P class="p144 ft2">1 §<SPAN class="ft20">8</SPAN></P>
<P class="p99 ft2">Ett värdepappersbolag får inneha bara</P>
<P class="p100 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">egendom som behövs för att</SPAN></P>
<P class="p99 ft2">a) driva värdepappersrörelse, och</P>
<P class="p100 ft2">b) tillhandahålla sidotjänster eller driva sidoverksamhet,</P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD class="tr4 td109"><P class="p108 ft2">2. aktier, andelar och andra finan-</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">2. aktier, andelar och andra finan-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">siella instrument med de begräns-</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">siella instrument med de begräns-</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p108 ft2">ningar som anges i <NOBR>2–6</NOBR> §§ <SPAN class="ft3">samt i</SPAN></P></TD>
<TD class="tr5 td110"><P class="p145 ft31">ningar som anges i <NOBR>2–6</NOBR> §§, och</P></TD>
</TR>
</TABLE>
<P class="p146 ft3">förordning (EU) nr 575/2013<SPAN class="ft2">, och</SPAN></P>
<P class="p99 ft2">3. egendom till skyddande av fordran enligt <NOBR>10–12</NOBR> §§.</P>
<TABLE cellpadding=0 cellspacing=0 class="t23">
<TR>
<TD class="tr14 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr14 td120"><P class="p29 ft39">6</P></TD>
<TD class="tr14 td121"><P class="p79 ft29">Senaste lydelse 2017:1144.</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr11 td36"><P class="p16 ft2">20</P></TD>
<TD class="tr8 td120"><P class="p29 ft39">7</P></TD>
<TD class="tr8 td121"><P class="p79 ft27">Senaste lydelse 2017:1144. Ändringen innebär bl.a. att andra och tredje styckena tas bort.</P></TD>
</TR>
<TR>
<TD class="tr14 td120"><P class="p29 ft39">8</P></TD>
<TD class="tr14 td121"><P class="p79 ft29">Senaste lydelse 2014:985.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_21">
<DIV>
<DIV id="id_1">
<P class="p147 ft21"><SPAN class="ft3">I</SPAN><SPAN class="ft40">värdepappersbolagsförord- ningen och tillsynsförordningen finns ytterligare bestämmelser om begränsningar av sådana innehav som avses i första stycket 2.</SPAN></P>
<P class="p148 ft22">8 kap.</P>
<P class="p149 ft3">1 a §</P>
<P class="p150 ft3">För ett litet och <NOBR>icke-samman-</NOBR> länkat värdepappersbolag gäller inte 4 § första eller tredje stycket, 4 c, 5, 6, 7 eller 8 § eller de sär- skilda krav på en fristående bedöm- ning av soliditet och likviditet som följer av 3 §.</P>
<P class="p151 ft21">Finansinspektionen får dock be- sluta att 3 § och 4 § tredje stycket ska tillämpas på ett litet och icke- sammanlänkat värdepappersbolag.</P>
<P class="p151 ft21">Undantaget i första stycket ska börja tillämpas när värdepappers- bolaget under en sammanhängande sexmånadersperiod har uppfyllt kriterierna för att anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värde- pappersbolag.</P>
<P class="p152 ft3">1 b §</P>
<P class="p153 ft21">Om ett värdepappersbolag inte längre uppfyller kriterierna för att anses vara ett litet och <NOBR>icke-sam-</NOBR> manlänkat värdepappersbolag, ska bolaget snarast underrätta Finans- inspektionen och inom 12 månader börja tillämpa de bestämmelser som anges i 1 a § första stycket.</P>
<P class="p154 ft3">1 c §</P>
<P class="p155 ft3">De värdepappersbolag som avses</P>
<P class="p156 ft3"><SPAN class="ft3">i</SPAN><SPAN class="ft41">1 kap. 2 § första stycket 7 </SPAN><NOBR>c–f</NOBR> lagen (2014:968) om särskild till- syn över kreditinstitut och värde- pappersbolag ska tillämpa 6 kap. <NOBR>1–3</NOBR> och <NOBR>4–7</NOBR> §§ lagen (2004:297) om bank- och finansieringsrörelse,</P>
<P class="p157 ft3"><SPAN class="ft3">i</SPAN><SPAN class="ft38">stället för 8 kap. </SPAN><NOBR>3–8</NOBR> §§ denna lag. Det som i lagen om bank- och finansieringsrörelse sägs om kreditinstitut ska då avse värde- pappersbolag.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">21</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_22">
<DIV>
<DIV id="id_1">
<P class="p118 ft2">Prop. 2020/21:173</P>
<P class="p119 ft2">22</P>
</DIV>
<DIV id="id_2">
<TABLE cellpadding=0 cellspacing=0 class="t24">
<TR>
<TD class="tr2 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr2 td109"><P class="p16 ft3">För den som ingår i ett sådant</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td79"><P class="p24 ft3">värdepappersbolags</P></TD>
<TD colspan=3 class="tr4 td122"><P class="p1 ft3">styrelse</P></TD>
<TD class="tr4 td123"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p24 ft21">är dess verkställande direktör, eller</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p24 ft3">är ersättare för någon av dem,</P></TD>
</TR>
<TR>
<TD class="tr5 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td79"><P class="p24 ft3">gäller även 15 kap.</P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td125"><P class="p18 ft3">1 <NOBR>a–1</NOBR> c</P></TD>
<TD class="tr5 td123"><P class="p16 ft3">och</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p24 ft3">8 <NOBR>a–9</NOBR> d §§</P></TD>
<TD class="tr4 td37"><P class="p32 ft3">lagen</P></TD>
<TD colspan=2 class="tr4 td126"><P class="p73 ft3">om</P></TD>
<TD colspan=2 class="tr4 td125"><P class="p32 ft3">bank-</P></TD>
<TD class="tr4 td123"><P class="p16 ft3">och</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td79"><P class="p24 ft3">finansieringsrörelse.</P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td110"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td32"><P class="p158 ft3">Bolag</P></TD>
<TD class="tr5 td37"><P class="p18 ft3">som</P></TD>
<TD colspan=2 class="tr5 td126"><P class="p18 ft3">avses</P></TD>
<TD class="tr5 td127"><P class="p42 ft3">i</P></TD>
<TD colspan=2 class="tr5 td89"><P class="p16 ft3">1 kap.</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p24 ft3">2 § första stycket 7 c lagen om sär-</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p24 ft3">skild tillsyn över kreditinstitut och</P></TD>
</TR>
<TR>
<TD class="tr5 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td79"><P class="p24 ft3">värdepappersbolag</P></TD>
<TD colspan=2 class="tr5 td128"><P class="p18 ft3">ska</P></TD>
<TD colspan=2 class="tr5 td89"><P class="p16 ft21">tillämpa</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td79"><P class="p24 ft3">tillsynsförordningen</P></TD>
<TD class="tr4 td124"><P class="p37 ft3">i</P></TD>
<TD colspan=2 class="tr4 td125"><P class="p73 ft21">stället</P></TD>
<TD class="tr4 td123"><P class="p16 ft3">för</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p24 ft3">värdepappersbolagsförordningen.</P></TD>
</TR>
<TR>
<TD class="tr5 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td109"><P class="p24 ft21">Det som i tillsynsförordningen sägs</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p24 ft21">om kreditinstitut ska då avse värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td100"><P class="p24 ft3">pappersbolag.</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr15 td110"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td32"><P class="p1 ft2">4 §<SPAN class="ft20">9</SPAN></P></TD>
<TD class="tr15 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p29 ft2">Ett värdepappersbolag ska identi-</P></TD>
<TD colspan=7 class="tr4 td109"><P class="p16 ft2">Ett värdepappersbolag ska identi-</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p29 ft2">fiera, mäta, styra, internt rapportera</P></TD>
<TD colspan=7 class="tr4 td109"><P class="p24 ft2">fiera, mäta, styra, internt rapportera</P></TD>
</TR>
<TR>
<TD class="tr5 td110"><P class="p29 ft2">och ha kontroll över de risker som</P></TD>
<TD colspan=7 class="tr5 td109"><P class="p24 ft2">och ha kontroll över de risker som</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p29 ft3">dess rörelse är förknippad med<SPAN class="ft2">.</SPAN></P></TD>
<TD colspan=7 class="tr4 td109"><P class="p24 ft3">bolaget är eller kan bli exponerat</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p29 ft2">Bolaget ska se till att det har en</P></TD>
<TD colspan=7 class="tr4 td109"><P class="p24 ft3">för eller som bolaget utsätter eller</P></TD>
</TR>
<TR>
<TD class="tr5 td110"><P class="p159 ft2">tillfredsställande intern kontroll.</P></TD>
<TD colspan=7 class="tr5 td109"><P class="p24 ft3">kan utsätta andra för<SPAN class="ft2">. Bolaget ska</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p24 ft31">se till att det har en tillfredsställande</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td100"><P class="p24 ft2">intern kontroll.</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p121 ft2">Sådana värdepappersbolag som anges i 8 a kap. 1 § ska också upprätta en återhämtningsplan eller koncernåterhämtningsplan enligt samma</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td109"><P class="p18 ft2">kapitel.</P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td22"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p39 ft2">Ett värdepappersbolag ska särskilt</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">Ett värdepappersbolag ska särskilt</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">se till att dess <SPAN class="ft3">kreditrisker, </SPAN>mark-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">se till att dess <SPAN class="ft3">företagsrisker,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft3"><SPAN class="ft2">nadsrisker</SPAN>, operativa risker <SPAN class="ft2">och</SPAN></P></TD>
<TD colspan=2 class="tr4 td129"><P class="p18 ft3">kundrisker,</P></TD>
<TD class="tr4 td22"><P class="p18 ft2">marknadsrisker</P></TD>
<TD class="tr4 td128"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">andra risker sammantagna inte</P></TD>
<TD class="tr5 td62"><P class="p18 ft2">andra</P></TD>
<TD class="tr5 td47"><P class="p18 ft2">risker</P></TD>
<TD class="tr5 td22"><P class="p77 ft2">sammantagna</P></TD>
<TD class="tr5 td128"><P class="p16 ft2">inte</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">medför att dess förmåga att fullgöra</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">medför att dess förmåga att fullgöra</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">sina förpliktelser äventyras. För att</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">sina förpliktelser äventyras. För att</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">uppfylla detta krav ska bolaget ha</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">uppfylla detta krav ska bolaget ha</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">metoder som gör det möjligt att</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">metoder som gör det möjligt att</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">fortlöpande värdera och upprätt-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">fortlöpande värdera och upprätt-</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">hålla ett kapital som till belopp, slag</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">hålla ett kapital som till belopp, slag</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">och fördelning är tillräckligt för att</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">och fördelning är tillräckligt för att</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">täcka arten och nivån på de risker</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">täcka arten och nivån på de risker</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">som bolaget är eller kan komma att</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">som bolaget är eller kan komma att</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">bli exponerat för. Bolaget ska</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">bli exponerat för <SPAN class="ft3">eller som bolaget</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">utvärdera dessa metoder för att</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft21">utsätter eller kan utsätta andra för<SPAN class="ft31">.</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">säkerställa att de är heltäckande.</P></TD>
<TD class="tr5 td62"><P class="p18 ft2">Bolaget</P></TD>
<TD class="tr5 td47"><P class="p160 ft2">ska</P></TD>
<TD class="tr5 td22"><P class="p112 ft2">utvärdera</P></TD>
<TD class="tr5 td128"><P class="p16 ft31">dessa</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">metoder för att säkerställa att de är</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td129"><P class="p18 ft2">heltäckande.</P></TD>
<TD class="tr4 td22"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p110 ft29"><SPAN class="ft25">9</SPAN><SPAN class="ft32">Senaste lydelse 2020:1210.</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_23">
<DIV id="id_1">
<DIV id="id_1_1">
<P class="p109 ft2">Ett värdepappersbolag ska på grundval av de metoder som avses i tredje stycket fastställa tillräckliga kapitalbasnivåer.</P>
<P class="p161 ft24">Ersättningssystem</P>
<P class="p162 ft3">4 c §</P>
<P class="p163 ft3">Ett värdepappersbolag ska ha ett ersättningssystem som främjar en sund och effektiv riskhantering.</P>
<P class="p164 ft2">5 §</P>
</DIV>
<DIV id="id_1_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
</DIV>
</DIV>
<DIV id="id_2">
<DIV id="id_2_1">
<P class="p69 ft2">Ett värdepappersbolags rörelse <SPAN class="ft3">skall </SPAN>organiseras och drivas på ett sådant sätt att bolagets struktur, förbindelser med andra företag och ställning kan överblickas.</P>
</DIV>
<DIV id="id_2_2">
<P class="p69 ft2">Ett värdepappersbolags rörelse <SPAN class="ft3">ska </SPAN>organiseras och drivas på ett sådant sätt att bolagets struktur, <SPAN class="ft3">ansvars- kedjor, </SPAN>förbindelser med andra företag och ställning kan över- blickas.</P>
</DIV>
</DIV>
<DIV id="id_3">
<P class="p165 ft20"><SPAN class="ft2">35</SPAN><SPAN class="ft17">§</SPAN>10</P>
<P class="p166 ft2">Regeringen eller den myndighet som regeringen bestämmer får meddela</P>
<TABLE cellpadding=0 cellspacing=0 class="t25">
<TR>
<TD colspan=2 class="tr5 td50"><P class="p18 ft2">föreskrifter om</P></TD>
<TD class="tr5 td130"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td132"><P class="p39 ft2">1. vilka</P></TD>
<TD class="tr4 td118"><P class="p108 ft2">åtgärder ett värdepap-</P></TD>
<TD colspan=2 class="tr4 td133"><P class="p39 ft2">1. vilka åtgärder ett</P></TD>
<TD colspan=2 class="tr4 td53"><P class="p16 ft31">värdepap-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">persbolag ska vidta för att uppfylla de</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft31">persbolag ska vidta för att uppfylla de</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">krav på soliditet och likviditet,</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">krav på soliditet och likviditet,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p18 ft2">riskhantering och genomlysning samt</P></TD>
<TD colspan=3 class="tr5 td134"><P class="p18 ft21"><SPAN class="ft31">riskhantering</SPAN>, ersättningssystem</P></TD>
<TD class="tr5 td131"><P class="p16 ft31">och</P></TD>
</TR>
<TR>
<TD class="tr4 td132"><P class="p18 ft2">riktlinjer</P></TD>
<TD class="tr4 td118"><P class="p107 ft2">och instruktioner som</P></TD>
<TD class="tr4 td130"><P class="p18 ft2">genomlysning</P></TD>
<TD class="tr4 td62"><P class="p18 ft2">samt</P></TD>
<TD colspan=2 class="tr4 td53"><P class="p16 ft2">riktlinjer</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">avses i <NOBR>3–8</NOBR> §§,</P></TD>
<TD class="tr4 td130"><P class="p18 ft2">och instruktioner</P></TD>
<TD class="tr4 td62"><P class="p81 ft2">som</P></TD>
<TD class="tr4 td88"><P class="p80 ft31">avses</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD class="tr5 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td118"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td130"><P class="p18 ft2"><NOBR>3–8</NOBR> §§,</P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p167 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft16">värdepappersbolags mångfaldspolicy vid tillsättandet av styrelse samt resurser för introduktion och utbildning av styrelseledamöter,</SPAN></P>
<P class="p168 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">de riktlinjer, regler och rutiner ett värdepappersinstitut ska upprätta och tillämpa enligt 9 §,</SPAN></P>
<P class="p168 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">vilka system, resurser och rutiner ett värdepappersinstitut ska ha enligt 10 §,</SPAN></P>
<P class="p166 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">vad ett värdepappersinstitut ska iaktta för att uppfylla skyldigheterna</SPAN></P>
<P class="p169 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft17">11 §,</SPAN></P>
<P class="p167 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">de processer för produktgodkännande och översyn ett värdepappers- institut ska ha enligt 13 §,</SPAN></P>
<P class="p168 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">den information ett värdepappersinstitut ska lämna enligt 14 § första stycket,</SPAN></P>
<P class="p170 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft17">de arrangemang ett värdepappersinstitut ska ha för att få information och för att förstå egenskaperna hos finansiella instrument och den fast- ställda målgruppen för instrumenten enligt 14 § andra stycket,</SPAN></P>
<P class="p171 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft17">de arrangemang ett värdepappersinstitut som distribuerar finansiella instrument ska ha för urvalet av finansiella instrument och tjänster som erbjuds eller rekommenderas till kunder,</SPAN></P>
<P class="p9 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft17">kraven för bedömning av kunskap och kompetens enligt 15 §,</SPAN></P>
<P class="p172 ft43"><SPAN class="ft25">10</SPAN><SPAN class="ft42">Senaste lydelse 2017:679.</SPAN></P>
<P class="p173 ft2">23</P>
</DIV>
</DIV>
<DIV id="page_24">
<P class="p174 ft2">Prop. 2020/21:173 11. dokumentation enligt 16 § och hur lång tid dokumentation ska sparas enligt 20 §, och</P>
<P class="p99 ft2">12. övervakning av handeln och kursbildningen enligt 21 §.</P>
<TABLE cellpadding=0 cellspacing=0 class="t26">
<TR>
<TD class="tr16 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td52"><P class="p175 ft22">8 a kap.</P></TD>
<TD class="tr16 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td52"><P class="p176 ft2">9 §<SPAN class="ft20">11</SPAN></P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p39 ft2">När</P></TD>
<TD colspan=3 class="tr4 td136"><P class="p177 ft31">Finansinspektionen</P></TD>
<TD class="tr4 td113"><P class="p43 ft2">är</P></TD>
<TD class="tr4 td88"><P class="p108 ft31">den</P></TD>
<TD class="tr4 td137"><P class="p48 ft2">När Finansinspektionen är</P></TD>
<TD class="tr4 td123"><P class="p16 ft2">den</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">samordnande tillsynsmyndigheten,</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p18 ft2">samordnande tillsynsmyndigheten,</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p18 ft2">ska inspektionen se till att samråd</P></TD>
<TD colspan=2 class="tr5 td110"><P class="p18 ft2">ska inspektionen se till att samråd</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">sker med sådana behöriga myndig-</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p18 ft2">sker med sådana behöriga myndig-</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft2">heter</P></TD>
<TD class="tr4 td135"><P class="p18 ft2">som</P></TD>
<TD class="tr4 td75"><P class="p18 ft2">avses</P></TD>
<TD colspan=3 class="tr4 td138"><P class="p108 ft2">i artikel 116 i</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p18 ft21"><SPAN class="ft31">heter som avses i </SPAN>artikel 48 i värde-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td139"><P class="p18 ft2">kapitaltäckningsdirektivet</P></TD>
<TD class="tr5 td113"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td88"><P class="p108 ft2">de</P></TD>
<TD class="tr5 td137"><P class="p18 ft3">pappersbolagsdirektivet</P></TD>
<TD class="tr5 td123"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td72"><P class="p18 ft2">myndigheter</P></TD>
<TD class="tr4 td75"><P class="p178 ft2">som</P></TD>
<TD colspan=2 class="tr4 td7"><P class="p73 ft2">ansvarar</P></TD>
<TD class="tr4 td88"><P class="p108 ft2">för</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p18 ft2">artikel 116 i kapitaltäckningsdirek-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td100"><P class="p18 ft2">betydande filialer.</P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td110"><P class="p18 ft2">tivet och de myndigheter som</P></TD>
</TR>
<TR>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td137"><P class="p18 ft2">ansvarar för betydande filialer.</P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p96 ft2">Inom fyra månader från det att Finansinspektionen eller en annan sam- ordnande tillsynsmyndighet har överlämnat en koncernåterhämtningsplan till de myndigheter som anges i 3 § tredje stycket, ska inspektionen försöka komma överens med behöriga myndigheter som ingår i tillsynskollegiet för koncernen om</P>
<P class="p179 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">granskningen och bedömningen av koncernåterhämtningsplanen,</SPAN></P>
<P class="p96 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">huruvida en återhämtningsplan ska upprättas för ett individuellt värde- pappersbolag eller ett utländskt värdepappersföretag som ingår i koncernen, och</SPAN></P>
<P class="p98 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">tillämpningen av åtgärder som avses i artikel 6.5 och 6.6 i kris- hanteringsdirektivet för att komma till rätta med väsentliga brister i planen eller väsentliga hinder mot att genomföra den.</SPAN></P>
<P class="p180 ft2">Om myndigheterna kommer överens, ska Finansinspektionen i enlighet med överenskommelsen fatta de beslut som behövs.</P>
<TABLE cellpadding=0 cellspacing=0 class="t27">
<TR>
<TD class="tr2 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td141"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td142"><P class="p181 ft22">8 b kap.</P></TD>
<TD class="tr2 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td144"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td142"><P class="p139 ft2">2 §<SPAN class="ft20">12</SPAN></P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td144"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td125"><P class="p39 ft2">Ett</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p18 ft2">avtal</P></TD>
<TD class="tr4 td140"><P class="p37 ft2">om</P></TD>
<TD colspan=2 class="tr4 td145"><P class="p30 ft2">koncerninternt</P></TD>
<TD colspan=2 class="tr4 td146"><P class="p48 ft2">Ett avtal</P></TD>
<TD colspan=2 class="tr4 td113"><P class="p18 ft2">om</P></TD>
<TD class="tr4 td144"><P class="p16 ft2">koncerninternt</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td54"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr5 td132"><P class="p77 ft2">stöd får</P></TD>
<TD colspan=2 class="tr5 td145"><P class="p30 ft2">ingås mellan</P></TD>
<TD class="tr5 td102"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr5 td135"><P class="p77 ft2">stöd</P></TD>
<TD colspan=2 class="tr5 td147"><P class="p16 ft2">får ingås mellan</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">å ena sidan ett moderinstitut i en</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">å ena sidan ett moderinstitut i en</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td148"><P class="p18 ft2">medlemsstat,</P></TD>
<TD class="tr4 td140"><P class="p35 ft2">ett</P></TD>
<TD colspan=2 class="tr4 td145"><P class="p30 ft2">moderinstitut</P></TD>
<TD colspan=2 class="tr4 td146"><P class="p18 ft2">medlemsstat,</P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft2">ett</P></TD>
<TD class="tr4 td144"><P class="p16 ft2">moderinstitut</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td50"><P class="p18 ft2">inom EES, ett finansiellt holding-</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p18 ft2">inom EES, ett finansiellt holding-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td54"><P class="p18 ft2">företag,</P></TD>
<TD class="tr4 td16"><P class="p18 ft2">ett</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p32 ft2">blandat</P></TD>
<TD class="tr4 td65"><P class="p30 ft2">finansiellt</P></TD>
<TD class="tr4 td102"><P class="p18 ft2">företag,</P></TD>
<TD class="tr4 td123"><P class="p18 ft2">ett</P></TD>
<TD colspan=3 class="tr4 td150"><P class="p16 ft2">blandat finansiellt</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">holdingföretag <SPAN class="ft3">eller </SPAN>ett holding-</P></TD>
<TD colspan=3 class="tr4 td151"><P class="p18 ft2">holdingföretag<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr4 td143"><P class="p37 ft2">ett</P></TD>
<TD class="tr4 td144"><P class="p16 ft2">holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr5 td125"><P class="p18 ft2">företag</P></TD>
<TD colspan=2 class="tr5 td12"><P class="p32 ft2">med</P></TD>
<TD colspan=2 class="tr5 td149"><P class="p18 ft2">blandad</P></TD>
<TD class="tr5 td65"><P class="p30 ft2">verksamhet</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p18 ft2">med blandad verksamhet som är</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">som är etablerat inom EES, och</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">etablerat inom EES <SPAN class="ft3">eller ett värde-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">å andra sidan ett dotterföretag.</P></TD>
<TD colspan=3 class="tr4 td151"><P class="p18 ft3">pappersinriktat</P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td144"><P class="p16 ft21">holdingföretag<SPAN class="ft31">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td85"><P class="p18 ft2">och å andra sidan ett dotterföretag.</P></TD>
</TR>
</TABLE>
<P class="p96 ft2">Ett företag som anges i första stycket och som uppfyller förutsätt- ningarna för ingripande enligt 25 kap. 2 b §, får inte ingå ett avtal om koncerninternt finansiellt stöd.</P>
<TABLE cellpadding=0 cellspacing=0 class="t28">
<TR>
<TD rowspan=2 class="tr7 td36"><P class="p16 ft2">24</P></TD>
<TD class="tr4 td152"><P class="p182 ft39">11</P></TD>
<TD class="tr4 td153"><P class="p1 ft27">Senaste lydelse 2015:1032.</P></TD>
</TR>
<TR>
<TD class="tr9 td152"><P class="p182 ft39">12</P></TD>
<TD class="tr9 td153"><P class="p1 ft27">Senaste lydelse 2015:1032.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_25">
<DIV>
<DIV id="id_1">
<P class="p183 ft20"><SPAN class="ft2">4</SPAN><SPAN class="ft17">§</SPAN>13</P>
<P class="p116 ft2">Finansinspektionen ska godkänna ett avtal om koncerninternt finansiellt stöd, om stödet</P>
<P class="p116 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">i betydande grad avhjälper de finansiella svårigheterna i det företag som tar emot det,</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">syftar till att bevara eller återställa den finansiella stabiliteten i koncernen som helhet eller i något av företagen inom koncernen, och</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">inte äventyrar den finansiella stabiliteten i ett eller flera länder inom EES, i synnerhet i det land där det stödgivande företaget finns.</SPAN></P>
<P class="p116 ft2">Dessutom ska följande krav vara uppfyllda med avseende på det stöd- givande företaget:</P>
<P class="p103 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">Det kan antas att ersättningen för stödet kommer att betalas och, om det avser ett lån, även kapitalbeloppet återbetalas. Om stödet ges i form av en garanti eller annan slags säkerhet, tillämpas samma villkor på den skuld som uppkommer ifall garantin eller säkerheten utlöses.</SPAN></P>
<P class="p184 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">Det finansiella stödet ges på sådana villkor att det stödgivande företagets intressen gynnas.</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">Likviditeten eller solvensen i det stödgivande företaget äventyras inte till följd av tillhandahållandet av det finansiella stödet.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR height=0>
<TD width=204px></TD>
<TD width=62px></TD>
<TD width=83px></TD>
<TD width=26px></TD>
<TD width=18px></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p108 ft2">4. Det stödgivande företaget upp-</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft2">4. Det stödgivande företaget upp-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft2">fyller de krav som gäller avseende</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">fyller de krav som gäller avseende</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">kapitalbas och likviditet i kapital-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">kapitalbas och likviditet i <SPAN class="ft3">värde-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2">täckningsdirektivet samt de övriga</P></TD>
<TD colspan=2 class="tr5 td154"><P class="p18 ft3">pappersbolagsdirektivet</P></TD>
<TD colspan=2 class="tr5 td155"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft2">krav som gäller enligt artikel 104a i</P></TD>
<TD colspan=2 class="tr4 td154"><P class="p18 ft2">kapitaltäckningsdirektivet</P></TD>
<TD class="tr4 td113"><P class="p29 ft2">samt</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">de</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2"><SPAN class="ft3">samma direktiv </SPAN>vid tidpunkten för</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">övriga krav som gäller enligt</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p185 ft2">det finansiella stödet.</P></TD>
<TD class="tr5 td7"><P class="p18 ft3">artikel 40</P></TD>
<TD colspan=3 class="tr5 td26"><P class="p16 ft3">i värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p18 ft3">direktivet</P></TD>
<TD colspan=2 class="tr4 td150"><P class="p29 ft2"><SPAN class="ft3">eller </SPAN>artikel 104a</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td154"><P class="p18 ft21">kapitaltäckningsdirektivet</P></TD>
<TD class="tr4 td113"><P class="p186 ft2">vid</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">tid-</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">punkten för det finansiella stödet.</P></TD>
</TR>
</TABLE>
<P class="p109 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">Det stödgivande företaget uppfyller de krav som gäller för stora exponeringar.</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">Det finansiella stödet leder inte till att de krav som anges i 4 eller 5 inte uppfylls.</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">Möjligheten till resolution av det stödgivande företaget äventyras inte till följd av det finansiella stödet.</SPAN></P>
<P class="p109 ft2">Finansinspektionen får bevilja undantag från kraven i andra stycket 4 och 5.</P>
<P class="p187 ft22"><SPAN class="ft35">12</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">7 §</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td50"><P class="p108 ft2">En börs som är aktiebolag <SPAN class="ft3">skall </SPAN>ha</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">En börs som är aktiebolag <SPAN class="ft3">ska </SPAN>ha</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft2">ett aktiekapital som med hänsyn till</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">ett aktiekapital som med hänsyn till</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft31">verksamhetens art och omfattning är</P></TD>
<TD class="tr4 td85"><P class="p16 ft31">verksamhetens art och omfattning är</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">tillräckligt stort. Vid bedömningen</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">tillräckligt stort. Vid bedömningen</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2">av om aktiekapitalet är tillräckligt</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">av om aktiekapitalet är tillräckligt</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2"><SPAN class="ft3">skall </SPAN>hänsyn tas även till andra</P></TD>
<TD class="tr4 td85"><P class="p16 ft31"><SPAN class="ft21">ska </SPAN>hänsyn tas även till andra finan-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">finansiella resurser som börsen har</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">siella resurser som börsen har eller</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2">eller kan utnyttja. För en börs som</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">kan utnyttja. För en börs som är</P></TD>
</TR>
</TABLE>
<P class="p188 ft29"><SPAN class="ft25">13</SPAN><SPAN class="ft44">Senaste lydelse 2020:1210.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">25</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_26">
<DIV id="id_1">
<DIV id="id_1_1">
<P class="p189 ft2">Prop. 2020/21:173 är ekonomisk förening gäller det som sägs om aktiekapital i stället summan av gjorda medlemsinsatser och förlagsinsatser.</P>
<P class="p190 ft2">En börs som driver en handels- plattform <SPAN class="ft3">skall </SPAN>ha ett startkapital enligt 3 kap. 6 § första stycket <SPAN class="ft3">2</SPAN>.</P>
</DIV>
<DIV id="id_1_2">
<P class="p191 ft2">ekonomisk förening gäller det som sägs om aktiekapital i stället summan av gjorda medlemsinsatser och förlagsinsatser.</P>
<P class="p192 ft2">En börs som driver en handels- plattform <SPAN class="ft3">ska </SPAN>ha ett startkapital enligt 3 kap. 6 § första stycket <SPAN class="ft3">3.</SPAN></P>
</DIV>
</DIV>
<DIV id="id_2">
<P class="p193 ft22">13 kap.</P>
<P class="p194 ft2">1 i §<SPAN class="ft20">14</SPAN></P>
<P class="p101 ft2">En börs ska ha regler för minsta tillåtna prisändring för aktier, depåbevis, börshandlade fonder, certifikat och andra liknande finansiella instrument som handlas på en reglerad marknad som börsen driver. Reglerna ska</P>
<P class="p98 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">kalibreras så att de återspeglar det aktuella finansiella instrumentets likviditetsprofil och den genomsnittliga skillnaden mellan köp- och sälj- kurs, med beaktande av möjligheten till rimligt stabila priser utan att i onödan hindra ännu mindre skillnader, och</SPAN></P>
<P class="p180 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">på lämpligt sätt justera minsta tillåtna prisändring för varje finansiellt instrument.</SPAN></P>
<P class="p195 ft3">Reglerna ska inte hindra match- ning av order av stor omfattning på mittpunkten mellan aktuella köp- och säljbud.</P>
<P class="p196 ft22">23 kap.</P>
<P class="p197 ft46">4 §<SPAN class="ft45">15</SPAN></P>
<P class="p198 ft2">Finansinspektionen får när det är nödvändigt genomföra en undersök- ning hos</P>
<P class="p100 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">ett värdepappersinstitut,</SPAN></P>
<P class="p99 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">en börs,</SPAN></P>
<P class="p100 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">en svensk leverantör av datarapporteringstjänster,</SPAN></P>
<P class="p100 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">en clearingorganisation,</SPAN></P>
<P class="p180 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">ett sådant utländskt företag som har tillstånd att driva en reglerad marknad från filial i Sverige, och</SPAN></P>
<P class="p96 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft33">en emittent som enligt 16 kap. </SPAN><NOBR>1–3</NOBR> §§ omfattas av skyldigheten enligt samma kapitel att upprätta och offentliggöra regelbunden finansiell informa- tion.</P>
<P class="p98 ft2">Finansinspektionen får även genomföra en undersökning hos ett anknutet ombud eller hos ett företag som har fått i uppdrag av ett värde- pappersinstitut att utföra visst arbete eller vissa funktioner, om det behövs för tillsynen av institutet.</P>
<P class="p199 ft21">Innan en undersökning genomförs hos ett utländskt företag som har inrättat filial enligt 4 kap. 1 § första stycket 1, ska Finansinspektionen samråda med behörig myndighet i</P>
<TABLE cellpadding=0 cellspacing=0 class="t29">
<TR>
<TD rowspan=2 class="tr7 td36"><P class="p16 ft2">26</P></TD>
<TD class="tr4 td152"><P class="p182 ft39">14</P></TD>
<TD class="tr4 td76"><P class="p1 ft27">Senaste lydelse 2017:679.</P></TD>
</TR>
<TR>
<TD class="tr9 td152"><P class="p182 ft39">15</P></TD>
<TD class="tr9 td76"><P class="p1 ft27">Senaste lydelse 2017:679.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_27">
<P class="p200 ft3">det land inom EES som har aukto- <SPAN class="ft2">Prop. 2020/21:173 </SPAN>riserat det utländska företaget.</P>
<P class="p201 ft22"><SPAN class="ft35">25</SPAN><SPAN class="ft36">kap. </SPAN><SPAN class="ft2">1 d §</SPAN><SPAN class="ft20">16</SPAN></P>
<P class="p89 ft2">Finansinspektionen ska, utöver i de fall som anges i 1 a och 1 b §§, in- gripa mot någon som ingår i ett värdepappersbolags styrelse eller är dess verkställande direktör, eller ersättare för någon av dem, om värdepappers- bolaget</P>
<P class="p90 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">har fått tillstånd att driva värdepappersrörelse genom att lämna falska uppgifter eller på annat otillbörligt sätt,</SPAN></P>
<P class="p202 ft31"><SPAN class="ft2">2.</SPAN><SPAN class="ft47">inte uppfyller kraven i 3 kap. 5 § första stycket eller har tillåtit en styrelseledamot, verkställande direktören eller ersättare för någon av dem att åta sig ett sådant uppdrag i bolaget eller kvarstå i bolaget trots att kraven</SPAN></P>
<P class="p203 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft33">3 kap. 1 § första stycket 5 eller 6 eller någon av 8 kap. 8 </SPAN><NOBR>b–8</NOBR> d §§ eller i föreskrifter som meddelats med stöd av 3 kap. 12 § 2 inte är uppfyllda,</P>
<P class="p87 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">åsidosatt sina skyldigheter enligt 5 kap. 4 §,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">inte uppfyller kraven i någon av 8 kap. </SPAN><NOBR>3–6,</NOBR> 8 eller 8 f §§ eller i före- skrifter som meddelats med stöd av 8 kap. 35 § 1,</P>
<P class="p91 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">i strid med 8 a kap. 2 eller 3 § låter bli att upprätta eller lämna in en återhämtningsplan eller en koncernåterhämtningsplan,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">i strid med 8 b kap. 11 § låter bli att anmäla att koncerninternt finansiellt stöd ska lämnas,</SPAN></P>
<P class="p91 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">i strid med 23 kap. 3 c § låter bli att underrätta Finansinspektionen om att värdepappersbolaget fallerar eller sannolikt kommer att fallera,</SPAN></P>
<P class="p91 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft17">i strid med 24 kap. 5 § första stycket låter bli att till Finansinspek- tionen anmäla sådana förvärv och avyttringar som avses där,</SPAN></P>
<P class="p92 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft17">i strid med 24 kap. 5 § tredje stycket låter bli att till Finansinspek- tionen anmäla namnen på de ägare som har ett kvalificerat innehav av aktier i bolaget samt storleken på innehaven,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td102"><P class="p39 ft2">10. gör</P></TD>
<TD class="tr5 td65"><P class="p77 ft2">betalningar</P></TD>
<TD class="tr5 td128"><P class="p79 ft2">till</P></TD>
<TD class="tr5 td62"><P class="p108 ft2">inne-</P></TD>
<TD class="tr5 td24"><P class="p39 ft2">10. gör</P></TD>
<TD colspan=2 class="tr5 td117"><P class="p37 ft2">betalningar till</P></TD>
<TD class="tr5 td114"><P class="p16 ft2">inne-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">havare av instrument som ingår i</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">havare av instrument som ingår i</P></TD>
</TR>
<TR>
<TD class="tr5 td102"><P class="p18 ft2">bolagets</P></TD>
<TD class="tr5 td65"><P class="p18 ft2">kapitalbas i</P></TD>
<TD class="tr5 td128"><P class="p18 ft2">strid</P></TD>
<TD class="tr5 td62"><P class="p107 ft2">med</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">bolagets kapitalbas i strid med</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">8 kap. 3 och 4 §§ lagen (2014:966)</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">artikel 28, <SPAN class="ft3">52 </SPAN>eller 63 i tillsyns-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">om kapitalbuffertar eller <SPAN class="ft2">artikel 28,</SPAN></P></TD>
<TD colspan=2 class="tr4 td57"><P class="p18 ft2">förordningen, när</P></TD>
<TD class="tr4 td156"><P class="p43 ft2">dessa</P></TD>
<TD class="tr4 td114"><P class="p16 ft2">artiklar</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2"><SPAN class="ft3">51 </SPAN>eller 63 i tillsynsförordningen,</P></TD>
<TD class="tr5 td24"><P class="p18 ft2">förbjuder</P></TD>
<TD class="tr5 td156"><P class="p18 ft2">sådana</P></TD>
<TD colspan=2 class="tr5 td22"><P class="p16 ft2">betalningar till</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">när dessa artiklar förbjuder sådana</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft31">innehavare av instrument som ingår</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">betalningar till innehavare av instru-</P></TD>
<TD colspan=2 class="tr4 td57"><P class="p18 ft2">i kapitalbasen,</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">ment som ingår i kapitalbasen,</P></TD>
<TD class="tr5 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p88 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">i strid med 28 kap. 1 § lagen (2015:1016) om resolution låter bli att lämna begärda upplysningar till Riksgäldskontoret,</SPAN></P>
<P class="p89 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">har befunnits ansvarigt för en allvarlig, upprepad eller systematisk överträdelse av lagen (2017:630) om åtgärder mot penningtvätt och finansiering av terrorism, eller föreskrifter som meddelats med stöd av den lagen,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr5 td50"><P class="p107 ft2">13. låter bli att lämna information</P></TD>
<TD class="tr5 td157"><P class="p204 ft2">13. låter bli att lämna information</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">till Finansinspektionen eller lämnar</P></TD>
<TD class="tr4 td157"><P class="p204 ft2">till Finansinspektionen eller lämnar</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2">ofullständig eller felaktig informa-</P></TD>
<TD class="tr5 td157"><P class="p204 ft2">ofullständig eller felaktig informa-</P></TD>
</TR>
<TR>
<TD class="tr17 td50"><P class="p205 ft27"><SPAN class="ft48">16 </SPAN>Senaste lydelse 2020:1210.</P></TD>
<TD class="tr17 td157"><P class="p16 ft2">27</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_28">
<DIV>
<DIV id="id_1">
<TABLE cellpadding=0 cellspacing=0 class="t30">
<TR>
<TD class="tr2 td66"><P class="p107 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td113"><P class="p18 ft2">tion</P></TD>
<TD colspan=2 class="tr2 td143"><P class="p1 ft2">om</P></TD>
<TD colspan=4 class="tr2 td147"><P class="p77 ft2">efterlevnaden av</P></TD>
<TD colspan=2 class="tr2 td62"><P class="p16 ft31">skyldig-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft2">heten att uppfylla kapitalbaskraven</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td75"><P class="p18 ft2">enligt</P></TD>
<TD colspan=4 class="tr4 td32"><P class="p18 ft3">artikel 92 <SPAN class="ft2">i</SPAN></P></TD>
<TD colspan=3 class="tr4 td158"><P class="p16 ft3">tillsynsförord-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft3">ningen<SPAN class="ft2">, i strid med </SPAN>artikel 430.1 <SPAN class="ft2">i</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td159"><P class="p18 ft2">den förordningen,</P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p16 ft2">14. låter bli att <SPAN class="ft3">rapportera </SPAN>eller</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td75"><P class="p18 ft2">lämnar</P></TD>
<TD class="tr4 td4"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td55"><P class="p18 ft2">ofullständig</P></TD>
<TD class="tr4 td37"><P class="p43 ft2">eller</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p16 ft2">felaktig</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td85"><P class="p18 ft21"><SPAN class="ft31">information </SPAN>till Finansinspektionen</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft3">när det gäller data som avses i</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft21">artikel 430a i tillsynsförordningen<SPAN class="ft31">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr18 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr18 td85"><P class="p16 ft3"><SPAN class="ft2">15. </SPAN>låter bli att lämna informa-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft3">tion</P></TD>
<TD colspan=2 class="tr4 td143"><P class="p37 ft3">till</P></TD>
<TD colspan=5 class="tr4 td78"><P class="p77 ft21">Finansinspektionen</P></TD>
<TD class="tr4 td68"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td75"><P class="p18 ft3">lämnar</P></TD>
<TD class="tr5 td4"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td55"><P class="p1 ft21">ofullständig</P></TD>
<TD class="tr5 td37"><P class="p77 ft3">eller</P></TD>
<TD colspan=2 class="tr5 td62"><P class="p16 ft3">felaktig</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft3">information om en stor exponering</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td75"><P class="p18 ft3">i strid</P></TD>
<TD class="tr4 td4"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td68"><P class="p44 ft3">med</P></TD>
<TD colspan=2 class="tr4 td32"><P class="p37 ft21">artikel 394.1</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p16 ft3">i till-</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td159"><P class="p18 ft3">synsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p16 ft3"><SPAN class="ft2">16. </SPAN>låter bli att lämna information</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft21">till Finansinspektionen eller lämnar</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td55"><P class="p18 ft21">ofullständig</P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td32"><P class="p206 ft3">eller</P></TD>
<TD colspan=2 class="tr5 td62"><P class="p16 ft3">felaktig</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft21">information om likviditet i strid med</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td148"><P class="p18 ft3">artikel 415.1</P></TD>
<TD class="tr4 td140"><P class="p80 ft3">och</P></TD>
<TD class="tr4 td37"><P class="p207 ft3">415.2</P></TD>
<TD class="tr4 td87"><P class="p77 ft3">i</P></TD>
<TD class="tr4 td68"><P class="p16 ft3">till-</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td159"><P class="p18 ft3">synsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p16 ft2">17. låter bli att lämna uppgifter till</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td159"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td37"><P class="p208 ft2">eller</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p16 ft2">lämnar</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td85"><P class="p18 ft2">ofullständig eller felaktig informa-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft3"><SPAN class="ft2">tion </SPAN>om sin bruttosoliditet i strid</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft3">med artikel 430.1 och 430.2 i till-</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td159"><P class="p18 ft3">synsförordningen,</P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td159"><P class="p39 ft3">18. vid upprepade</P></TD>
<TD colspan=2 class="tr4 td160"><P class="p43 ft21">tillfällen</P></TD>
<TD class="tr4 td68"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft3">systematiskt låter bli att hålla lik-</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td85"><P class="p18 ft3">vida tillgångar i strid med arti-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft3">kel 412 i tillsynsförordningen,</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p16 ft3">19. utsätter sig för en exponering</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft3">som</P></TD>
<TD colspan=7 class="tr5 td161"><P class="p79 ft3">överskrider gränserna</P></TD>
<TD class="tr5 td68"><P class="p16 ft21">enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft3">artikel 395 i tillsynsförordningen,</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p16 ft3">20. är exponerat för kreditrisken i</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft3">en</P></TD>
<TD colspan=8 class="tr5 td162"><P class="p16 ft3">värdepapperiseringsposition</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft3">utan att uppfylla villkoren i arti-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td163"><P class="p18 ft21">kel 405 i tillsynsförordningen,</P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td85"><P class="p16 ft3">21. låter bli att lämna informa-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft3">tion eller lämnar ofullständig eller</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft3">felaktig information i strid med</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td75"><P class="p18 ft3">någon</P></TD>
<TD colspan=2 class="tr5 td113"><P class="p80 ft3">av</P></TD>
<TD colspan=5 class="tr5 td164"><P class="p16 ft21">artiklarna <NOBR>431.1–431.3</NOBR></P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft3">och</P></TD>
<TD colspan=3 class="tr4 td75"><P class="p1 ft3">451.1</P></TD>
<TD class="tr4 td87"><P class="p44 ft3">i</P></TD>
<TD colspan=4 class="tr4 td78"><P class="p16 ft21">tillsynsförordningen,</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft3">eller</P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td89"><P class="p39 ft3">22. är</P></TD>
<TD colspan=2 class="tr5 td68"><P class="p73 ft3">ett</P></TD>
<TD colspan=3 class="tr5 td38"><P class="p18 ft3">moderföretag</P></TD>
<TD class="tr5 td68"><P class="p16 ft21">enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft21">artikel 4.1.15 i tillsynsförordningen</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft3">och inte uppfyller kraven i del tre,</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td85"><P class="p18 ft3">fyra, sex eller sju i den förordning-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p113 ft2">28</P></TD>
<TD colspan=9 class="tr4 td85"><P class="p18 ft3">en eller kraven i 2 kap. 1 eller 2 §</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="id_2">
<P class="p209 ft2">tion om efterlevnaden av skyldig- heten att uppfylla kapitalbaskraven enligt <SPAN class="ft3">artikel 11 </SPAN>i <SPAN class="ft3">värdepappers- bolagsförordningen</SPAN>, i strid med <SPAN class="ft3">arti- kel 54.1 b </SPAN>i den förordningen,</P>
<P class="p210 ft3"><SPAN class="ft2">14.</SPAN><SPAN class="ft17">låter bli att </SPAN>lämna information till Finansinspektionen <SPAN class="ft2">eller lämnar ofullständig eller felaktig informa- tion </SPAN>om koncentrationsrisker<SPAN class="ft2">, i strid med </SPAN>artikel 54 i värdepappers- bolagsförordningen<SPAN class="ft2">,</SPAN></P>
<P class="p211 ft3"><SPAN class="ft2">15.</SPAN><SPAN class="ft49">utsätter sig för en koncentra- tionsrisk som överstiger gränserna i artikel 37 i värdepappersbolags- förordningen</SPAN><SPAN class="ft2">,</SPAN></P>
<P class="p212 ft3"><SPAN class="ft2">16.</SPAN><SPAN class="ft49">vid upprepade tillfällen eller systematiskt, i strid med artikel 43 i värdepappersbolagsförordningen, låter bli att hålla likvida tillgångar</SPAN><SPAN class="ft2">, </SPAN>eller</P>
<P class="p213 ft2"><SPAN class="ft2">17.</SPAN><SPAN class="ft17">låter bli att lämna </SPAN><SPAN class="ft3">information </SPAN>eller lämnar ofullständig eller felaktig information<SPAN class="ft3">, i strid med bestämmelserna i del 6 i värdepap- persbolagsförordningen</SPAN>.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_29">
<DIV id="p29dimg1">
<INGENBILD zsrc="H80317329x1.jpg/" id="p29img1">
</DIV>
<DIV>
<DIV id="id_1">
<P class="p214 ft3">lagen (2014:968) om särskild till- syn över kreditinstitut och värde- pappersbolag på gruppnivå eller undergruppsnivå.</P>
<P class="p105 ft2">Om en sådan person som avses i första stycket omfattas av tillstånds- eller underrättelseskyldighet enligt 24 kap. 1 eller 4 § för förvärv eller avyttring av aktier eller andelar i bolaget, ska första stycket 8 och 9 inte gälla för den personen i fråga om dessa aktier eller andelar.</P>
<P class="p115 ft2">Ett ingripande enligt första stycket får göras endast om bolagets överträdelse är allvarlig och personen i fråga uppsåtligen eller av grov oaktsamhet orsakat överträdelsen.</P>
<P class="p65 ft2">Ingripande görs genom</P>
<P class="p215 ft31"><SPAN class="ft2">1.</SPAN><SPAN class="ft47">beslut att personen i fråga under en viss tid, lägst tre och högst tio år, eller, för upprepade allvarliga överträdelser enligt första stycket 1, 2, 3, 8 eller 9, permanent inte får vara styrelseledamot eller verkställande direktör</SPAN></P>
<P class="p102 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft17">ett värdepappersbolag, eller ersättare för någon av dem, eller</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">beslut om sanktionsavgift.</SPAN></P>
<P class="p216 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">Denna lag träder i kraft den 26 juni 2021.</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">Bestämmelsen i 8 kap. 1 a § tredje stycket gäller inte värdepappers- bolag som vid ikraftträdandet uppfyller kriterierna för att vara ett litet och </SPAN><NOBR>icke-sammanlänkat</NOBR> värdepappersbolag.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">29</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_30">
<TABLE cellpadding=0 cellspacing=0 class="t22">
<TR>
<TD class="tr19 td78"><P class="p186 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr19 td135"><P class="p77 ft18">2.2</P></TD>
<TD colspan=10 class="tr19 td165"><P class="p217 ft18">Förslag till lag om ändring i lagen (2014:968)</P></TD>
</TR>
<TR>
<TD class="tr20 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td135"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr20 td166"><P class="p217 ft18">om särskild tillsyn över kreditinstitut och</P></TD>
<TD class="tr20 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr20 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td135"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr20 td167"><P class="p217 ft18">värdepappersbolag</P></TD>
<TD class="tr20 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr11 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=11 class="tr11 td168"><P class="p77 ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>i fråga om lagen (2014:968) om särskild tillsyn</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td169"><P class="p77 ft2">över kreditinstitut och värdepappersbolag</P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=11 class="tr5 td168"><P class="p16 ft2"><SPAN class="ft3">dels </SPAN>att 1 kap. 1, 2, 4, 8 och 9 §§, 2 kap. 1, 1 c, 1 e, 1 f, 2 och 3 §§, 3 kap.</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=11 class="tr4 td168"><P class="p16 ft2">1, 3 och 4 §§, 4 kap. <NOBR>1–3</NOBR> och 5 §§, 5 kap. <NOBR>1–6</NOBR> §§, 6 kap. 1, 2, 4, 5 och</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=11 class="tr4 td168"><P class="p16 ft2"><NOBR>7–11</NOBR> §§, 7 kap. <NOBR>1–4</NOBR> §§, 8 kap. 1, 2 och 4 §§, 9 kap. 1 §, 10 kap. 1 och 2 §§,</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=11 class="tr5 td168"><P class="p16 ft2">rubrikerna till 2, 5 och 7 kap. och rubrikerna närmast före 2 kap. 1 § och</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td170"><P class="p77 ft2">6 kap. 9 § ska ha följande lydelse,</P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=11 class="tr4 td168"><P class="p16 ft2"><SPAN class="ft3">dels </SPAN>att det ska införas fem nya kapitel, 2 a, 3 a, 4 a, 5 a och 7 a kap., och</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=11 class="tr5 td168"><P class="p16 ft2">tre nya paragrafer, 1 kap. 3 a och 3 b §§ och 10 kap. 1 a §, av följande</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td138"><P class="p77 ft2">lydelse.</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr18 td60"><P class="p77 ft3">Nuvarande lydelse</P></TD>
<TD class="tr18 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr18 td172"><P class="p18 ft3">Föreslagen lydelse</P></TD>
<TD class="tr18 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td171"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td173"><P class="p218 ft22">1 kap.</P></TD>
<TD class="tr13 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td173"><P class="p219 ft2">1 §<SPAN class="ft20">2</SPAN></P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td170"><P class="p108 ft2">I denna lag finns bestämmelser</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">I denna lag finns bestämmelser som</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p77 ft2">som</P></TD>
<TD colspan=2 class="tr4 td174"><P class="p48 ft2">kompletterar</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p108 ft2">Europaparla-</P></TD>
<TD colspan=2 class="tr4 td176"><P class="p18 ft2">kompletterar</P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td170"><P class="p77 ft2">mentets och rådets förordning (EU)</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2"><SPAN class="ft3">– </SPAN>Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td138"><P class="p77 ft2">nr 575/2013 av</P></TD>
<TD class="tr5 td126"><P class="p37 ft2">den</P></TD>
<TD class="tr5 td171"><P class="p18 ft2">26 juni</P></TD>
<TD class="tr5 td155"><P class="p108 ft2">2013</P></TD>
<TD colspan=3 class="tr5 td138"><P class="p18 ft2">förordning (EU)</P></TD>
<TD colspan=3 class="tr5 td138"><P class="p16 ft2">nr 575/2013 av</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p77 ft2">om</P></TD>
<TD class="tr4 td35"><P class="p18 ft2">tillsynskrav</P></TD>
<TD class="tr4 td126"><P class="p73 ft2">för</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p108 ft2">kreditinstitut</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p77 ft3">och</P></TD>
<TD colspan=4 class="tr4 td167"><P class="p108 ft3">värdepappersföretag <SPAN class="ft2">och om</SPAN></P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td138"><P class="p77 ft2">ändring av</P></TD>
<TD colspan=2 class="tr5 td32"><P class="p18 ft2">förordning</P></TD>
<TD class="tr5 td155"><P class="p108 ft2">(EU)</P></TD>
<TD colspan=3 class="tr5 td138"><P class="p18 ft2">förordning (EU)</P></TD>
<TD colspan=2 class="tr5 td95"><P class="p80 ft2">nr 648/2012</P></TD>
<TD class="tr5 td56"><P class="p16 ft2">(till-</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td170"><P class="p77 ft2">nr 648/2012 (tillsynsförordningen).</P></TD>
<TD colspan=4 class="tr4 td172"><P class="p18 ft2">synsförordningen)<SPAN class="ft3">, och</SPAN></P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td172"><P class="p48 ft21">– Europaparlamentets</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p16 ft3">och rådets</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft21">förordning (EU) 2019/2033 av den</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td176"><P class="p18 ft3">27 november</P></TD>
<TD colspan=2 class="tr4 td177"><P class="p1 ft3">2019 om</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p16 ft3">tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft3">för värdepappersföretag och om</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft3">ändring</P></TD>
<TD class="tr5 td128"><P class="p77 ft3">av</P></TD>
<TD colspan=3 class="tr5 td107"><P class="p18 ft3">förordningarna</P></TD>
<TD class="tr5 td56"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td176"><P class="p18 ft21">nr 1093/2010,</P></TD>
<TD colspan=2 class="tr4 td177"><P class="p24 ft3">(EU)</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p16 ft21">nr 575/2013<SPAN class="ft31">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft3">(EU)</P></TD>
<TD colspan=3 class="tr4 td38"><P class="p18 ft3">nr 600/2014</P></TD>
<TD class="tr4 td37"><P class="p1 ft3">och</P></TD>
<TD class="tr4 td56"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td176"><P class="p18 ft3">nr 806/2014</P></TD>
<TD colspan=4 class="tr5 td153"><P class="p16 ft21">(värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td138"><P class="p18 ft3">förordningen)<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td138"><P class="p48 ft21">Bestämmelserna</P></TD>
<TD class="tr4 td68"><P class="p42 ft3">i</P></TD>
<TD class="tr4 td37"><P class="p79 ft3">denna</P></TD>
<TD class="tr4 td56"><P class="p16 ft3">lag</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td138"><P class="p18 ft3">genomför delvis</P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft3">– Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft21">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft3">2013 om behörighet att utöva</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft3">verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft21">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft3">av direktiv 2002/87/EG och om</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td176"><P class="p18 ft3">upphävande</P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft3">av</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD class="tr21 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=11 class="tr21 td168"><P class="p77 ft27"><SPAN class="ft48">1 </SPAN>Jfr Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om</P></TD>
</TR>
<TR>
<TD class="tr8 td78"><P class="p18 ft9"> </P></TD>
<TD colspan=11 class="tr8 td168"><P class="p77 ft27">tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG,</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr7 td78"><P class="p220 ft2">30</P></TD>
<TD colspan=10 class="tr8 td178"><P class="p77 ft27">2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU, i den ursprungliga lydelsen.</P></TD>
<TD class="tr8 td56"><P class="p18 ft9"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td179"><P class="p77 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_31">
<P class="p200 ft3">2006/48/EG och 2006/49/EG, i <SPAN class="ft2">Prop. 2020/21:173 </SPAN>lydelsen enligt Europaparlamentets</P>
<P class="p221 ft21">och rådets direktiv (EU) 2019/2034 (kapitaltäckningsdirektivet), och</P>
<P class="p222 ft3"><SPAN class="ft3">–</SPAN><SPAN class="ft38">Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om änd- ring av direktiven 2002/87/EG,</SPAN></P>
<P class="p223 ft3">2009/65/EG,<SPAN style="padding-left:55px;">2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU, i den ursprungliga</SPAN></P>
<P class="p224 ft3">lydelsen (värdepappersbolags- direktivet).</P>
<P class="p225 ft3">Bestämmelser som kompletterar tillsynsförordningen och genomför kapitaltäckningsdirektivet finns i 2, 3, 4, 5 och 7 kap.</P>
<P class="p226 ft21">Bestämmelser som kompletterar värdepappersbolagsförordningen och genomför värdepappersbolagsdirek-</P>
<P class="p227 ft3">tivet finns i 2 a, 3 a, 4 a, 5 a och 7 a kap.</P>
<P class="p228 ft21">I övriga kapitel finns bestämmelser som kompletterar såväl tillsynsförord- ningen som värdepappersbolags- förordningen och som genomför såväl kapitaltäckningsdirektivet som värde- pappersbolagsdirektivet.</P>
<P class="p229 ft2">2 §<SPAN class="ft20">3</SPAN></P>
<P class="p87 ft2">I denna lag betyder</P>
<P class="p230 ft3"><SPAN class="ft3">1.</SPAN><SPAN class="ft50">blandat finansiellt moder- holdingföretag inom EES</SPAN>:</P>
<P class="p231 ft3">a) i 4 a kap., ett företag som avses i artikel 4.1.58 i värde- pappersbolagsförordningen,</P>
<P class="p232 ft3">b<SPAN class="ft51">) </SPAN>i övrigt, ett företag som avses</P>
<P class="p233 ft3"><SPAN class="ft3">i</SPAN><SPAN class="ft52">artikel 4.1.33 i tillsynsförord- ningen,</SPAN></P>
<P class="p234 ft3"><SPAN class="ft3">2.</SPAN><SPAN class="ft50">dotterföretag</SPAN>:</P>
<P class="p231 ft3"><SPAN class="ft3">a)</SPAN><SPAN class="ft38">i 3 a och 4 a kap., ett företag som avses i artikel 4.1.51 i värde- pappersbolagsförordningen,</SPAN></P>
<P class="p231 ft3"><SPAN class="ft3">b)</SPAN><SPAN class="ft38">i 6 kap. 1 §, i fråga om värde- pappersföretagskoncerner som av- ses i artikel 7 eller 8 i värde-</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t31">
<TR>
<TD class="tr2 td13"><P class="p18 ft29"><SPAN class="ft28">3 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr2 td52"><P class="p16 ft2">31</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_32">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td84"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD colspan=6 class="tr2 td180"><P class="p18 ft3">pappersbolagsförordningen,</P></TD>
<TD class="tr2 td16"><P class="p16 ft3">ett</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td61"><P class="p18 ft3">företag som avses i a,</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td85"><P class="p16 ft3">c) i övrigt, ett företag som avses i</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td107"><P class="p18 ft3">artikel 4.1.16</P></TD>
<TD class="tr4 td11"><P class="p18 ft3">i</P></TD>
<TD colspan=4 class="tr4 td65"><P class="p16 ft3">tillsynsförord-</P></TD>
</TR>
<TR>
<TD class="tr5 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td107"><P class="p18 ft3">ningen,</P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p141 ft2"><SPAN class="ft3">1</SPAN>. <SPAN class="ft24">EES</SPAN>: Europeiska ekonomiska</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p16 ft2"><SPAN class="ft3">3</SPAN>. <SPAN class="ft24">EES</SPAN>: Europeiska ekonomiska</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p36 ft2">samarbetsområdet,</P></TD>
<TD colspan=3 class="tr4 td120"><P class="p18 ft2">samarbetsområdet,</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td120"><P class="p48 ft3">4. <SPAN class="ft24">holdingföretag</SPAN></P></TD>
<TD colspan=2 class="tr5 td140"><P class="p37 ft24">med</P></TD>
<TD colspan=2 class="tr5 td155"><P class="p16 ft30">blandad</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td107"><P class="p18 ft3"><SPAN class="ft24">verksamhet</SPAN>:</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td85"><P class="p16 ft3">a) i 6 kap. 1 och 8 §§ och 8 kap.</P></TD>
</TR>
<TR>
<TD class="tr5 td84"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft3">2 och</P></TD>
<TD colspan=3 class="tr5 td107"><P class="p1 ft3">4 §§, i fråga</P></TD>
<TD class="tr5 td181"><P class="p18 ft3">om</P></TD>
<TD colspan=2 class="tr5 td155"><P class="p16 ft3">värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft3">pappersföretagskoncerner som av-</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft3">ses i</P></TD>
<TD class="tr4 td18"><P class="p18 ft21">artikel 53</P></TD>
<TD class="tr4 td11"><P class="p73 ft3">i</P></TD>
<TD colspan=4 class="tr4 td65"><P class="p16 ft21">värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr5 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td107"><P class="p18 ft21">bolagsdirektivet,</P></TD>
<TD colspan=4 class="tr5 td129"><P class="p73 ft3">ett företag</P></TD>
<TD class="tr5 td16"><P class="p16 ft3">som</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft3">avses</P></TD>
<TD colspan=3 class="tr4 td107"><P class="p79 ft3">i artikel 4.1.26</P></TD>
<TD class="tr4 td181"><P class="p81 ft3">i</P></TD>
<TD colspan=2 class="tr4 td155"><P class="p16 ft3">samma</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td107"><P class="p18 ft3">direktiv,</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td85"><P class="p16 ft3">b) i övrigt, ett företag som avses i</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td107"><P class="p18 ft3">artikel 4.1.22</P></TD>
<TD class="tr4 td11"><P class="p18 ft3">i</P></TD>
<TD colspan=4 class="tr4 td65"><P class="p16 ft3">tillsynsförord-</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td107"><P class="p18 ft3">ningen,</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 class="t32">
<TR>
<TD class="tr5 td108"><P class="p235 ft3">2. <SPAN class="ft24">institut</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=3 class="tr5 td146"><P class="p81 ft21">kreditinstitut</P></TD>
<TD class="tr5 td122"><P class="p107 ft3">och</P></TD>
<TD colspan=5 class="tr5 td110"><P class="p24 ft3">5<SPAN class="ft2">. </SPAN><SPAN class="ft24">institut</SPAN><SPAN class="ft2">: </SPAN>detsamma som i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td28"><P class="p236 ft3">värdepappersbolag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td110"><P class="p1 ft21">artikel 4.1.3 i tillsynsförordningen<SPAN class="ft31">,</SPAN></P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td182"><P class="p235 ft3">3. <SPAN class="ft24">kapitaltäckningsdirektivet</SPAN>:</P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td28"><P class="p236 ft3">Europaparlamentets</P></TD>
<TD class="tr5 td135"><P class="p18 ft3">och</P></TD>
<TD class="tr5 td122"><P class="p107 ft3">rådets</P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td182"><P class="p236 ft3">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td182"><P class="p236 ft3">2013 om behörighet att utöva</P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td182"><P class="p236 ft3">verksamhet i kreditinstitut och om</P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td182"><P class="p236 ft3">tillsyn av kreditinstitut och värde-</P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td184"><P class="p236 ft3">pappersföretag,</P></TD>
<TD class="tr4 td56"><P class="p18 ft3">om</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p107 ft3">ändring av</P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td182"><P class="p236 ft3">direktiv 2002/87/EG och om upp-</P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p236 ft3">hävande av</P></TD>
<TD colspan=2 class="tr4 td160"><P class="p18 ft3">direktiv</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p107 ft21">2006/48/EG</P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td182"><P class="p236 ft3">och 2006/49/EG, i lydelsen enligt</P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td28"><P class="p236 ft3">Europaparlamentets</P></TD>
<TD class="tr5 td135"><P class="p18 ft3">och</P></TD>
<TD class="tr5 td122"><P class="p107 ft3">rådets</P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td185"><P class="p236 ft3">direktiv (EU) 2019/878,</P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td51"><P class="p48 ft3">6. <SPAN class="ft24">konsoliderad</SPAN></P></TD>
<TD class="tr4 td183"><P class="p32 ft3"><SPAN class="ft24">situation</SPAN>:</P></TD>
<TD class="tr4 td128"><P class="p16 ft3">det-</P></TD>
</TR>
<TR>
<TD class="tr5 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft3">samma</P></TD>
<TD class="tr5 td114"><P class="p39 ft3">som</P></TD>
<TD class="tr5 td31"><P class="p77 ft3">i</P></TD>
<TD colspan=2 class="tr5 td73"><P class="p16 ft3">artikel 4.1.47 i</P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td186"><P class="p18 ft3">tillsynsförordningen,</P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td182"><P class="p235 ft3">4. <SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">: </SPAN>bank och kredit-</P></TD>
<TD colspan=3 class="tr4 td51"><P class="p48 ft3">7<SPAN class="ft2">. </SPAN><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td184"><P class="p236 ft3">marknadsföretag</P></TD>
<TD colspan=2 class="tr5 td24"><P class="p237 ft2">enligt</P></TD>
<TD class="tr5 td122"><P class="p108 ft2">lagen</P></TD>
<TD class="tr5 td125"><P class="p48 ft21">a) ett</P></TD>
<TD colspan=3 class="tr5 td187"><P class="p77 ft3">kreditinstitut <SPAN class="ft2">enligt</SPAN></P></TD>
<TD class="tr5 td128"><P class="p16 ft2">lagen</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td182"><P class="p236 ft2">(2004:297) om bank- och finan-</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft2">(2004:297) om bank- och finan-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td182"><P class="p236 ft2">sieringsrörelse <SPAN class="ft3">samt </SPAN>Svenska skepps-</P></TD>
<TD colspan=3 class="tr4 td51"><P class="p18 ft2">sieringsrörelse<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td184"><P class="p236 ft2">hypotekskassan,</P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td65"><P class="p48 ft2"><SPAN class="ft3">b) </SPAN>Svenska</P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td73"><P class="p16 ft31">skeppshypoteks-</P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft2">kassan<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p48 ft3">c) ett</P></TD>
<TD colspan=3 class="tr4 td187"><P class="p39 ft3">värdepappersbolag</P></TD>
<TD class="tr4 td128"><P class="p16 ft3">med</P></TD>
</TR>
<TR>
<TD class="tr5 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td110"><P class="p18 ft3">tillstånd att som sidotjänst ta emot</P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft3">kunders medel på konto för att</P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft3">underlätta värdepappersrörelsen</P></TD>
</TR>
<TR>
<TD class="tr5 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft3">enligt</P></TD>
<TD class="tr5 td114"><P class="p18 ft3">2 kap.</P></TD>
<TD colspan=3 class="tr5 td76"><P class="p16 ft3">2 § första stycket 8</P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft21">lagen (2007:528) om värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td65"><P class="p18 ft3">marknaden,</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td110"><P class="p48 ft3">d) ett svenskt aktiebolag som är</P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p18 ft2">32</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td65"><P class="p18 ft3">ett sådant</P></TD>
<TD colspan=3 class="tr4 td76"><P class="p16 ft21">värdepappersföretag</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_33">
<DIV>
<DIV id="id_1">
<P class="p69 ft3">5<SPAN class="ft2">. </SPAN><SPAN class="ft24">värdepappersbolag</SPAN><SPAN class="ft2">: ett </SPAN>värde- pappersföretag som avses i arti- kel 4.1.2 i tillsynsförordningen när det är ett svenskt aktiebolag.</P>
</DIV>
<DIV id="id_2">
<P class="p238 ft3">som avses i artikel 1.2 a eller b i värdepappersbolagsförordningen,</P>
<P class="p103 ft3"><SPAN class="ft3">e)</SPAN><SPAN class="ft38">ett värdepappersbolag för vilket ett beslut av Finansinspek- tionen enligt 3 a § gäller, och</SPAN></P>
<P class="p105 ft3"><SPAN class="ft3">f)</SPAN><SPAN class="ft53">ett svenskt aktiebolag som är ett sådant värdepappersföretag som avses i artikel 1.5 i värde- pappersbolagsförordningen,</SPAN></P>
<P class="p115 ft3">8. <SPAN class="ft24">litet och </SPAN><NOBR><SPAN class="ft24">icke-sammanlänkat</SPAN></NOBR><SPAN class="ft24"> värdepappersbolag</SPAN>: ett värdepap- persbolag som anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepap- persföretag enligt artikel 12.1 i värdepappersbolagsförordningen,</P>
<P class="p132 ft3">9. <SPAN class="ft24">moderföretag</SPAN>:</P>
<P class="p103 ft3"><SPAN class="ft21">a)</SPAN><SPAN class="ft53">i 3 a och 4 a kap., 6 kap. 2 § andra stycket och 7 a kap. 1 §, ett företag som avses i 4.1.42 i värde- pappersbolagsförordningen,</SPAN></P>
<P class="p239 ft21"><SPAN class="ft21">b)</SPAN><SPAN class="ft54">i 10 kap. 2 § 3, i fråga om moderföretag som avses i 6 kap. 2 § andra stycket, ett företag som avses</SPAN></P>
<P class="p102 ft3"><SPAN class="ft3">i</SPAN><SPAN class="ft38">a,</SPAN></P>
<P class="p87 ft3"><SPAN class="ft3">c)</SPAN><SPAN class="ft38">i övrigt, ett företag som avses i</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t33">
<TR>
<TD class="tr4 td49"><P class="p18 ft3">artikel 4.1.15</P></TD>
<TD class="tr4 td135"><P class="p18 ft3">i</P></TD>
<TD class="tr4 td67"><P class="p18 ft3">tillsynsför-</P></TD>
</TR>
<TR>
<TD class="tr4 td49"><P class="p18 ft3">ordningen,</P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td67"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p87 ft3"><SPAN class="ft3">10.</SPAN><SPAN class="ft55">på gruppnivå</SPAN>: detsamma som</P>
<P class="p238 ft3"><SPAN class="ft3">i</SPAN><SPAN class="ft37">artikel 4.1.48 i tillsynsförord- ningen,</SPAN></P>
<P class="p105 ft3"><SPAN class="ft3">11.</SPAN><SPAN class="ft55">på undergruppsnivå</SPAN>: det- samma som i artikel 4.1.49 i tillsynsförordningen,</P>
<P class="p105 ft3"><SPAN class="ft3">12.</SPAN><SPAN class="ft55">systemrisk</SPAN>: detsamma som i 1 kap. 2 § 12 lagen (2014:966) om kapitalbuffertar,</P>
<P class="p215 ft21"><SPAN class="ft21">13.</SPAN><SPAN class="ft56">värdepappersbolag</SPAN><SPAN class="ft31">: ett </SPAN>värde- pappersbolag som avses i 1 kap. 4 b § lagen om värdepappersmarknaden, utom sådana värdepappersbolag som avses i 7 <NOBR>c<SPAN class="ft31">–</SPAN>f,</NOBR></P>
<P class="p240 ft21"><SPAN class="ft3">14.</SPAN><SPAN class="ft56">värdepappersföretagskon- cern</SPAN>: detsamma som i artikel 4.1.25</P>
<P class="p102 ft3"><SPAN class="ft3">i</SPAN><SPAN class="ft38">värdepappersbolagsförordningen,</SPAN></P>
<P class="p241 ft3"><SPAN class="ft3">15.</SPAN><SPAN class="ft55">värdepappersinriktat holdingföretag</SPAN>: ett företag som avses i artikel 4.1.23 i värde- pappersbolagsförordningen,</P>
<P class="p242 ft3"><SPAN class="ft3">16.</SPAN><SPAN class="ft55">värdepappersinriktat moder- holdingföretag inom EES</SPAN>: ett före-</P>
</DIV>
<DIV id="id_3">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">33</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_34">
<TABLE cellpadding=0 cellspacing=0 class="t22">
<TR>
<TD class="tr2 td66"><P class="p107 ft2">Prop. 2020/21:173</P></TD>
<TD colspan=2 class="tr2 td188"><P class="p243 ft3">tag som</P></TD>
<TD colspan=2 class="tr2 td47"><P class="p37 ft3">avses</P></TD>
<TD class="tr2 td124"><P class="p244 ft3">i</P></TD>
<TD colspan=4 class="tr2 td117"><P class="p16 ft3">artikel 4.1.57 i</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p243 ft3">värdepappersbolagsförordningen.</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p16 ft2">Termer och uttryck i övrigt i denna lag har samma betydelse som i</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td189"><P class="p18 ft2">tillsynsförordningen.</P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td189"><P class="p243 ft3">3 a §</P></TD>
<TD class="tr18 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td190"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td191"><P class="p245 ft3">Finansinspektionen</P></TD>
<TD class="tr4 td123"><P class="p246 ft3">får</P></TD>
<TD colspan=2 class="tr4 td75"><P class="p16 ft21">besluta</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td103"><P class="p243 ft21">att tillsynsförordningen ska tilläm-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p243 ft3">pas i fråga om ett värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td188"><P class="p243 ft3">bolag</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td188"><P class="p245 ft3">1. vars</P></TD>
<TD colspan=7 class="tr5 td96"><P class="p16 ft21">konsoliderade tillgångar,</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p243 ft3">beräknade som ett genomsnitt för</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p243 ft21">den senaste sammanhängande tolv-</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td103"><P class="p243 ft21">månadersperioden, motsvarar minst</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td192"><P class="p243 ft3">fem miljarder euro, och</P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td188"><P class="p245 ft3">2. som</P></TD>
<TD colspan=3 class="tr4 td155"><P class="p37 ft3">driver</P></TD>
<TD colspan=3 class="tr4 td27"><P class="p247 ft21">verksamhet</P></TD>
<TD class="tr4 td190"><P class="p16 ft3">som</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td188"><P class="p243 ft3">omfattar</P></TD>
<TD colspan=6 class="tr5 td100"><P class="p247 ft21">investeringstjänster</P></TD>
<TD class="tr5 td190"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p243 ft21">investeringsverksamhet som avses i</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p243 ft21">2 kap. 1 § 3 eller 6 lagen (2007:528)</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td189"><P class="p243 ft3">om</P></TD>
<TD colspan=7 class="tr5 td142"><P class="p44 ft21">värdepappersmarknaden</P></TD>
<TD class="tr5 td190"><P class="p16 ft3">men</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p243 ft3">som inte är råvaruhandlare eller</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td191"><P class="p243 ft3">utsläppsrättshandlare.</P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td192"><P class="p245 ft3">Första stycket gäller om</P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td192"><P class="p245 ft3">1. värdepappersbolagets</P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p16 ft3">verk-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p243 ft21">samhet har en sådan omfattning att</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td103"><P class="p243 ft3">en systemrisk skulle kunna uppstå</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p243 ft3">om bolaget fallerar eller hamnar i</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td189"><P class="p243 ft3">kris,</P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td103"><P class="p16 ft3">2. värdepappersbolaget är clea-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td157"><P class="p243 ft3">ringmedlem, eller</P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td191"><P class="p245 ft21">3. Finansinspektionen</P></TD>
<TD colspan=3 class="tr4 td27"><P class="p16 ft3">anser att</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td103"><P class="p243 ft3">det är motiverat mot bakgrund av</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td191"><P class="p243 ft3">värdepappersbolagets</P></TD>
<TD colspan=3 class="tr4 td27"><P class="p16 ft3">verksamhet</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p243 ft3">och dess storlek, art, omfattning</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td103"><P class="p243 ft3">och komplexitet med beaktande av</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td193"><P class="p245 ft3">a) betydelsen</P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft3">för</P></TD>
<TD class="tr4 td123"><P class="p16 ft3">EES</P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td191"><P class="p243 ft3">Sveriges ekonomi,</P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td103"><P class="p16 ft3">b) betydelsen av bolagets gräns-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p243 ft3">överskridande verksamhet, eller</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td185"><P class="p245 ft21">c) bolagets</P></TD>
<TD colspan=5 class="tr4 td194"><P class="p29 ft21">sammanlänkning</P></TD>
<TD class="tr4 td190"><P class="p16 ft3">med</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td192"><P class="p243 ft3">det finansiella systemet.</P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr22 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td189"><P class="p243 ft3">3 b §</P></TD>
<TD class="tr22 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td190"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td103"><P class="p16 ft3">Finansinspektionen får upphäva</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p243 ft3">ett beslut enligt 3 a § och ska i så</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td189"><P class="p243 ft3">fall</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p80 ft3">utan</P></TD>
<TD colspan=3 class="tr4 td102"><P class="p208 ft3">dröjsmål</P></TD>
<TD colspan=3 class="tr4 td27"><P class="p16 ft3">underrätta</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td103"><P class="p243 ft3">värdepappersbolaget om detta.</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td103"><P class="p16 ft3">Ett beslut enligt 3 a § upphör att</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td189"><P class="p243 ft21">gälla</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p24 ft3">om</P></TD>
<TD colspan=6 class="tr4 td195"><P class="p16 ft21">värdepappersbolagets</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td193"><P class="p243 ft3">konsoliderade</P></TD>
<TD colspan=3 class="tr5 td7"><P class="p246 ft21">tillgångar</P></TD>
<TD colspan=2 class="tr5 td75"><P class="p16 ft3">under-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p113 ft2">34</P></TD>
<TD colspan=9 class="tr4 td103"><P class="p243 ft3">stiger det belopp som anges där,</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_35">
<DIV id="tx1"><SPAN class="ft2">I fråga om tillsynen och möjlighet att ingripa mot </SPAN><SPAN class="ft3">kredit- institut och värdepappersbolag </SPAN><SPAN class="ft2">gäller bestämmelserna i de lagar som reglerar </SPAN><SPAN class="ft3">företagens </SPAN><SPAN class="ft2">verk- samhet, om inte annat följer av denna lag.</SPAN></DIV>
<DIV>
<DIV id="id_1">
<TABLE cellpadding=0 cellspacing=0 class="t24">
<TR>
<TD class="tr2 td86"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr2 td90"><P class="p18 ft21">beräknat som ett genomsnitt för den</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft3">senaste</P></TD>
<TD colspan=3 class="tr4 td150"><P class="p81 ft3">sammanhängande</P></TD>
<TD class="tr4 td88"><P class="p16 ft3">tolv-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td159"><P class="p18 ft3">månadersperioden.</P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr18 td196"><P class="p248 ft2">4 §<SPAN class="ft20">4</SPAN></P></TD>
<TD class="tr18 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td88"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">Finansinspektionen är behörig</P></TD>
<TD colspan=5 class="tr4 td90"><P class="p16 ft2">Finansinspektionen är behörig</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">myndighet enligt tillsynsförord-</P></TD>
<TD colspan=3 class="tr4 td159"><P class="p18 ft2">myndighet enligt</P></TD>
<TD colspan=2 class="tr4 td65"><P class="p16 ft2">tillsynsförord-</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p249 ft2">ningen och utövar tillsyn över att</P></TD>
<TD class="tr5 td156"><P class="p18 ft2">ningen</P></TD>
<TD class="tr5 td128"><P class="p18 ft3">och</P></TD>
<TD colspan=3 class="tr5 td78"><P class="p16 ft21">värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p250 ft31"><SPAN class="ft21">förordningen </SPAN>och denna lag följs.</P></TD>
<TD colspan=2 class="tr4 td91"><P class="p18 ft3">förordningen</P></TD>
<TD class="tr4 td47"><P class="p43 ft2">och</P></TD>
<TD class="tr4 td89"><P class="p18 ft2">utövar</P></TD>
<TD class="tr4 td88"><P class="p16 ft2">tillsyn</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td90"><P class="p18 ft2">över att <SPAN class="ft3">förordningarna </SPAN>och denna</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td91"><P class="p18 ft2">lag följs.</P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p103 ft2">Finansinspektionen är ansvarig myndighet enligt artiklarna 124, 164 och 458 i tillsynsförordningen.</P>
<P class="p251 ft2">I fråga om tillsynen och möjlighet att ingripa mot <SPAN class="ft3">institut </SPAN>gäller bestämmelserna i de lagar som reglerar <SPAN class="ft3">institutens </SPAN>verk- samhet, om inte annat följer av denna lag.</P>
<P class="p252 ft2"><SPAN class="ft2">8</SPAN><SPAN class="ft17">§</SPAN><SPAN class="ft20">5</SPAN></P>
<P class="p87 ft2">Finansinspektionen ska bevilja godkännande, om</P>
<P class="p103 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">arbetsfördelningen inom gruppen är sådan att kraven i tillsyns- förordningen, denna lag och lagen (2014:966) om kapitalbuffertar kan uppfyllas på grupp- eller undergruppsnivå,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">organisationsstrukturen inte hindrar en effektiv tillsyn över att instituten inom gruppen uppfyller de krav som avses i 1 på individuell nivå och grupp- och undergruppsnivå,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">den som ska ingå i ledningen för holdingföretaget har tillräcklig insikt och erfarenhet för att delta i ledningen av företaget och även i övrigt är lämplig för uppgiften, och</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td86"><P class="p249 ft2">4. när holdingföretaget har ett</P></TD>
<TD colspan=3 class="tr5 td90"><P class="p16 ft2">4. när holdingföretaget har ett</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">eller flera kreditinstitut som dotter-</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">eller flera kreditinstitut <SPAN class="ft3">som avses i</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p253 ft2">företag,</P></TD>
<TD class="tr4 td132"><P class="p18 ft3">2 § första</P></TD>
<TD class="tr4 td197"><P class="p77 ft3">stycket 7 a eller</P></TD>
<TD class="tr4 td113"><P class="p16 ft3">mot-</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td132"><P class="p18 ft3">svarande</P></TD>
<TD class="tr5 td197"><P class="p18 ft3">utländska företag</P></TD>
<TD class="tr5 td113"><P class="p16 ft21">inom</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td198"><P class="p18 ft2"><SPAN class="ft3">EES </SPAN>som dotterföretag,</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p87 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">information lämnas om större ägare i institutet,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">den som har eller kan förväntas komma att få ett kvalificerat innehav</SPAN></P>
<P class="p238 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft57">institutet bedöms lämplig att utöva ett väsentligt inflytande över ledningen av institutet, och</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft17">institutets nära förbindelser med andra företag inte hindrar en effektiv tillsyn av institutet.</SPAN></P>
<P class="p254 ft59"><SPAN class="ft25">4</SPAN><SPAN class="ft58">Senaste lydelse 2020:1213.</SPAN></P>
<P class="p102 ft29"><SPAN class="ft25">5</SPAN><SPAN class="ft32">Senaste lydelse 2020:1213.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">35</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_36">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td199"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td103"><P class="p255 ft2">9 §<SPAN class="ft20">6</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p39 ft2">Finansinspektionen ska medge undantag från kravet på godkännande,</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">om</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p39 ft2">1. den huvudsakliga verksamheten är att</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p39 ft2">a) förvärva eller inneha aktier eller andelar i dotterföretag, när det gäller</P></TD>
</TR>
</TABLE>
<P class="p146 ft2">ett finansiellt holdingföretag, eller</P>
<P class="p98 ft2">b) förvärva eller inneha aktier eller andelar i dotterföretag som är institut eller finansiella institut, när det gäller ett blandat finansiellt holding- företag,</P>
<P class="p99 ft2">2. holdingföretaget inte har utsetts till resolutionsenhet i någon av</P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD class="tr4 td200"><P class="p18 ft2">gruppens resolutionsgrupper,</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td200"><P class="p39 ft2">3. ett dotterföretag som är</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">ett</P></TD>
<TD class="tr4 td112"><P class="p48 ft2">3. ett dotterföretag</P></TD>
<TD class="tr4 td140"><P class="p256 ft2">som</P></TD>
<TD class="tr4 td88"><P class="p16 ft2">är ett</P></TD>
</TR>
<TR>
<TD class="tr4 td200"><P class="p18 ft2">kreditinstitut ansvarar för</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">att</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p18 ft3"><SPAN class="ft2">kreditinstitut </SPAN>eller ett motsvarande</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p18 ft2">säkerställa att kraven i 3 kap. 2 §</P></TD>
<TD class="tr5 td112"><P class="p18 ft3">utländskt företag</P></TD>
<TD class="tr5 td140"><P class="p208 ft3">inom</P></TD>
<TD class="tr5 td88"><P class="p16 ft3">EES</P></TD>
</TR>
<TR>
<TD class="tr4 td200"><P class="p18 ft2">uppfylls,</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td85"><P class="p18 ft2">ansvarar för att säkerställa att</P></TD>
</TR>
<TR>
<TD class="tr4 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td201"><P class="p18 ft2">kraven i 3 kap. 2 § uppfylls,</P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p180 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">holdingföretaget inte medverkar till att påverka driften av gruppen eller dotterföretag som är institut eller finansiella institut, och</SPAN></P>
<P class="p99 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">det inte finns något som hindrar en effektiv tillsyn på gruppnivå.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t34">
<TR>
<TD class="tr2 td109"><P class="p18 ft22">2 kap. Särskilda kapitalbas- och</P></TD>
<TD class="tr2 td110"><P class="p1 ft22">2 kap. Särskilda kapitalbas- och</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft22">likviditetskrav</P></TD>
<TD class="tr4 td110"><P class="p1 ft60"><SPAN class="ft22">likviditetskrav </SPAN>för kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr18 td109"><P class="p18 ft22"><SPAN class="ft61">Särskilt </SPAN>kapitalbaskrav</P></TD>
<TD class="tr18 td110"><P class="p1 ft22"><SPAN class="ft61">Särskilda </SPAN>kapitalbaskrav</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr18 td103"><P class="p257 ft2">1 §<SPAN class="ft20">7</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p39 ft2">Finansinspektionen ska besluta att</P></TD>
<TD class="tr4 td110"><P class="p48 ft31">Finansinspektionen ska besluta att</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">ett <SPAN class="ft3">institut </SPAN>utöver den kapitalbas som</P></TD>
<TD class="tr4 td110"><P class="p18 ft31">ett <SPAN class="ft21">kreditinstitut </SPAN>utöver den kapitalbas</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">krävs enligt tillsynsförordningen ska</P></TD>
<TD class="tr5 td110"><P class="p18 ft31">som krävs enligt tillsynsförordningen</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">uppfylla</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">ska uppfylla</P></TD>
</TR>
</TABLE>
<P class="p99 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft16">ett särskilt kapitalbaskrav för risken för alltför låg bruttosoliditet, och</SPAN></P>
<P class="p100 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft16">ett särskilt kapitalbaskrav för andra risker.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD colspan=3 class="tr4 td163"><P class="p39 ft2">Första stycket gäller om</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft2">1. något av kraven i 6 kap. <NOBR>1–3,</NOBR></P></TD>
<TD class="tr4 td85"><P class="p16 ft2">1. något av kraven i 6 kap. <NOBR>1–3,</NOBR></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p30 ft2">4 a, 4 b och 5 §§ lagen (2004:297)</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">4 a, 4 b och 5 §§ lagen (2004:297)</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft2">om bank- och finansieringsrörelse</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">om bank- och finansieringsrörelse</P></TD>
</TR>
<TR>
<TD class="tr4 td156"><P class="p18 ft3">eller</P></TD>
<TD class="tr4 td171"><P class="p18 ft3">8 kap.</P></TD>
<TD class="tr4 td32"><P class="p24 ft3"><NOBR>3–8</NOBR> §§</P></TD>
<TD class="tr4 td156"><P class="p30 ft21">lagen</P></TD>
<TD class="tr4 td85"><P class="p16 ft31">inte är uppfyllt och det inte är sanno-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td151"><P class="p18 ft3">(2007:528) om</P></TD>
<TD colspan=2 class="tr5 td153"><P class="p30 ft21">värdepappersmark-</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">likt att någon annan åtgärd är</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft31"><SPAN class="ft21">naden </SPAN>inte är uppfyllt och det inte är</P></TD>
<TD class="tr4 td85"><P class="p16 ft31">tillräcklig för att komma till rätta med</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft31">sannolikt att någon annan åtgärd är</P></TD>
<TD class="tr4 td85"><P class="p258 ft2">bristen inom rimlig tid,</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p30 ft31">tillräcklig för att komma till rätta med</P></TD>
<TD class="tr5 td85"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td163"><P class="p18 ft2">bristen inom rimlig tid,</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p180 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">ett särskilt kapitalbaskrav är nödvändigt för att täcka risker som institutet är eller kan bli exponerat för,</SPAN></P>
<P class="p259 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">det är sannolikt att institutet inom tolv månader inte längre kommer att uppfylla sina skyldigheter enligt 1,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t35">
<TR>
<TD rowspan=2 class="tr7 td36"><P class="p16 ft2">36</P></TD>
<TD class="tr4 td120"><P class="p29 ft39">6</P></TD>
<TD class="tr4 td202"><P class="p79 ft27">Senaste lydelse 2020:1213.</P></TD>
</TR>
<TR>
<TD class="tr9 td120"><P class="p29 ft39">7</P></TD>
<TD class="tr9 td202"><P class="p79 ft27">Senaste lydelse 2020:1213.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_37">
<DIV id="tx1"><SPAN class="ft31">I samband med en översyn och utvärdering av ett </SPAN><SPAN class="ft21">kreditinstitut </SPAN><SPAN class="ft31">ska</SPAN></DIV>
<DIV id="tx2"><SPAN class="ft2">Finansinspektionen bestämma lämpliga kapitalbasnivåer för insti- tutet. Inspektionen ska underrätta institutet om skillnaden mellan dessa nivåer och kapitalbaskraven enligt tillsynsförordningen, denna lag och lagen (2014:966) om kapitalbuffertar.</SPAN></DIV>
<DIV>
<DIV id="id_1">
<P class="p109 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">institutet vid upprepade tillfällen låtit bli att följa en underrättelse enligt 1 c §, eller</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">det i övrigt har framkommit omständigheter som inger betänkligheter från tillsynssynpunkt.</SPAN></P>
<P class="p116 ft2">Beslutet ska vara skriftligt och fattas på grundval av en översyn och utvärdering av institutet.</P>
<P class="p260 ft2">1 c §<SPAN class="ft20">8</SPAN></P>
<P class="p251 ft2">I samband med en översyn och utvärdering av ett <SPAN class="ft3">institut </SPAN>ska</P>
<P class="p261 ft2">Finansinspektionen bestämma lämpliga kapitalbasnivåer för insti- tutet. Inspektionen ska underrätta institutet om skillnaden mellan dessa nivåer och kapitalbaskraven enligt tillsynsförordningen, denna lag och lagen (2014:966) om kapitalbuffertar.</P>
<TABLE cellpadding=0 cellspacing=0 class="t36">
<TR>
<TD colspan=2 class="tr2 td193"><P class="p262 ft2">1 e §<SPAN class="ft20">9</SPAN></P></TD>
<TD class="tr2 td51"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">Finansinspektionen får avstå från</P></TD>
<TD colspan=2 class="tr4 td90"><P class="p16 ft2">Finansinspektionen får avstå från</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">att besluta om ett särskilt kapital-</P></TD>
<TD colspan=2 class="tr4 td90"><P class="p16 ft2">att besluta om ett särskilt kapital-</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p249 ft31">baskrav om en överträdelse är ringa</P></TD>
<TD colspan=2 class="tr5 td90"><P class="p16 ft31">baskrav om en överträdelse är ringa</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">eller ursäktlig, om <SPAN class="ft3">institutet </SPAN>gör rät-</P></TD>
<TD class="tr4 td151"><P class="p18 ft2">eller ursäktlig,</P></TD>
<TD class="tr4 td51"><P class="p16 ft3"><SPAN class="ft2">om </SPAN>kreditinstitutet</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft31">telse eller om någon annan myndig-</P></TD>
<TD colspan=2 class="tr4 td90"><P class="p16 ft2">gör rättelse eller om någon annan</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p249 ft2">het har vidtagit åtgärder mot</P></TD>
<TD class="tr5 td151"><P class="p18 ft2">myndighet har</P></TD>
<TD class="tr5 td51"><P class="p16 ft2">vidtagit åtgärder</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">institutet och dessa åtgärder</P></TD>
<TD colspan=2 class="tr4 td90"><P class="p16 ft2">mot institutet och dessa åtgärder</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p263 ft2">bedöms tillräckliga.</P></TD>
<TD colspan=2 class="tr4 td90"><P class="p18 ft2">bedöms tillräckliga.</P></TD>
</TR>
</TABLE>
<P class="p105 ft2">Bestämmelserna i 1 § gäller inte om överträdelsen är så allvarlig att verksamhetstillståndet i stället ska återkallas.</P>
<P class="p264 ft2">1 f §<SPAN class="ft20">10</SPAN></P>
<P class="p65 ft2">Finansinspektionen ska informera Riksgäldskontoret och berörda</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td50"><P class="p18 ft2">utländska resolutionsmyndigheter om</P></TD>
<TD class="tr5 td85"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">1. beslut om särskilda kapitalbas-</P></TD>
<TD class="tr4 td85"><P class="p39 ft2">1. beslut om särskilda kapitalbas-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">krav, och</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">krav <SPAN class="ft3">enligt 1 §</SPAN>, och</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">2. underrättelser enligt 1 c §.</P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p265 ft20"><SPAN class="ft2">2</SPAN><SPAN class="ft17">§</SPAN>11</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td86"><P class="p249 ft2">Finansinspektionen ska besluta</P></TD>
<TD class="tr5 td90"><P class="p16 ft2">Finansinspektionen ska besluta</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">att ett <SPAN class="ft3">institut </SPAN>ska uppfylla ett</P></TD>
<TD class="tr4 td90"><P class="p16 ft31">att ett <SPAN class="ft21">kreditinstitut </SPAN>ska uppfylla ett</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">särskilt likviditetskrav, om det är</P></TD>
<TD class="tr4 td90"><P class="p16 ft2">särskilt likviditetskrav, om det är</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">nödvändigt för att täcka de</P></TD>
<TD class="tr4 td90"><P class="p16 ft2">nödvändigt för att täcka de</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p249 ft2">likviditetsrisker som <SPAN class="ft3">ett institut </SPAN>är</P></TD>
<TD class="tr5 td90"><P class="p16 ft2">likviditetsrisker som <SPAN class="ft3">institutet </SPAN>är</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p266 ft2">eller kan bli exponerat för.</P></TD>
<TD class="tr4 td90"><P class="p267 ft2">eller kan bli exponerat för<SPAN class="ft3">.</SPAN></P></TD>
</TR>
</TABLE>
<P class="p268 ft59"><SPAN class="ft25">8</SPAN><SPAN class="ft58">Senaste lydelse 2020:1213.</SPAN></P>
<P class="p14 ft59"><SPAN class="ft25">9</SPAN><SPAN class="ft58">Senaste lydelse 2020:1213.</SPAN></P>
<P class="p14 ft43"><SPAN class="ft25">10</SPAN><SPAN class="ft42">Senaste lydelse 2020:1213.</SPAN></P>
<P class="p14 ft29"><SPAN class="ft25">11</SPAN><SPAN class="ft44">Senaste lydelse 2020:1213.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">37</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_38">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td116"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td56"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td204"><P class="p269 ft2">3 §<SPAN class="ft20">12</SPAN></P></TD>
<TD class="tr2 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td155"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td189"><P class="p141 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td56"><P class="p270 ft2">får</P></TD>
<TD class="tr4 td67"><P class="p108 ft2">tillämpa</P></TD>
<TD colspan=5 class="tr4 td195"><P class="p48 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td56"><P class="p271 ft2">får</P></TD>
<TD class="tr4 td155"><P class="p16 ft2">tillämpa</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td111"><P class="p36 ft2">bestämmelserna om ingripande i de</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">bestämmelserna om ingripande i de</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td111"><P class="p36 ft2">lagar som reglerar <SPAN class="ft3">institutets </SPAN>verk-</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">lagar som reglerar <SPAN class="ft3">kreditinstitutets</SPAN></P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td111"><P class="p36 ft2">samhet, om <SPAN class="ft3">ett institut </SPAN>inte upp-</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">verksamhet, om <SPAN class="ft3">institutet </SPAN>inte upp-</P></TD>
</TR>
<TR>
<TD class="tr4 td116"><P class="p36 ft2">fyller ett</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p208 ft2">särskilt</P></TD>
<TD colspan=3 class="tr4 td138"><P class="p108 ft2">kapitalbaskrav</P></TD>
<TD class="tr4 td125"><P class="p18 ft2">fyller</P></TD>
<TD class="tr4 td31"><P class="p18 ft2">ett</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p18 ft2">särskilt</P></TD>
<TD colspan=3 class="tr4 td74"><P class="p16 ft2">kapitalbaskrav</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td111"><P class="p36 ft2">som beslutats enligt 1 § eller ett</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">som beslutats enligt 1 § eller ett</P></TD>
</TR>
<TR>
<TD class="tr5 td116"><P class="p36 ft2">särskilt</P></TD>
<TD colspan=4 class="tr5 td144"><P class="p78 ft2">likviditetskrav</P></TD>
<TD class="tr5 td67"><P class="p108 ft2">som</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft31">särskilt likviditetskrav som beslutats</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td205"><P class="p36 ft2">beslutats enligt 2 §.</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td67"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td35"><P class="p18 ft2">enligt 2 §.</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td111"><P class="p108 ft2">Om ett <SPAN class="ft3">institut </SPAN>uppfyller kapital-</P></TD>
<TD class="tr4 td125"><P class="p48 ft2">Om</P></TD>
<TD class="tr4 td31"><P class="p1 ft2">ett</P></TD>
<TD colspan=5 class="tr4 td26"><P class="p16 ft3">kreditinstitut <SPAN class="ft2">uppfyller</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td116"><P class="p36 ft2">baskravet</P></TD>
<TD colspan=2 class="tr5 td156"><P class="p256 ft2">enligt</P></TD>
<TD colspan=3 class="tr5 td138"><P class="p108 ft2">tillsynsförord-</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">kapitalbaskravet enligt tillsynsför-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td111"><P class="p36 ft2">ningen och de särskilda kapitalbas-</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">ordningen och de särskilda kapital-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td111"><P class="p36 ft2">krav som följer av beslut enligt 1 §,</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">baskrav som följer av beslut enligt</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td111"><P class="p36 ft2">men inte kravet på en brutto-</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">1 §, men inte kravet på en brutto-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td106"><P class="p36 ft2">soliditetsbuffert</P></TD>
<TD class="tr4 td31"><P class="p81 ft2">i</P></TD>
<TD colspan=3 class="tr4 td138"><P class="p108 ft2">artikel 92.1a i</P></TD>
<TD colspan=3 class="tr4 td206"><P class="p18 ft2">soliditetsbuffert</P></TD>
<TD class="tr4 td31"><P class="p81 ft2">i</P></TD>
<TD colspan=3 class="tr4 td74"><P class="p16 ft2">artikel 92.1a i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td205"><P class="p36 ft31">tillsynsförordningen</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p270 ft2">eller</P></TD>
<TD class="tr4 td67"><P class="p108 ft2">kraven</P></TD>
<TD colspan=4 class="tr4 td150"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p270 ft2">eller</P></TD>
<TD class="tr4 td155"><P class="p16 ft2">kraven</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td111"><P class="p36 ft2">enligt lagen (2014:966) om kapital-</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">enligt lagen (2014:966) om kapital-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td111"><P class="p36 ft2">buffertar, ska bestämmelserna om</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">buffertar, ska bestämmelserna om</P></TD>
</TR>
<TR>
<TD class="tr4 td116"><P class="p36 ft2">ingripande</P></TD>
<TD class="tr4 td31"><P class="p77 ft2">i</P></TD>
<TD colspan=2 class="tr4 td88"><P class="p177 ft2">8 kap.</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p108 ft2">lagen om</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p18 ft2">ingripande</P></TD>
<TD class="tr4 td31"><P class="p77 ft2">i</P></TD>
<TD colspan=2 class="tr4 td88"><P class="p18 ft2">8 kap.</P></TD>
<TD colspan=2 class="tr4 td32"><P class="p16 ft2">lagen om</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td207"><P class="p36 ft2">kapitalbuffertar tillämpas.</P></TD>
<TD class="tr5 td67"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td208"><P class="p18 ft2">kapitalbuffertar tillämpas.</P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p272 ft61">2 a kap. Särskilda kapitalbas- och likviditetskrav för värdepappersbolag</P>
<P class="p273 ft61">Särskilt kapitalbaskrav</P>
<P class="p274 ft3">1 §</P>
<P class="p275 ft3">Finansinspektionen ska besluta att ett värdepappersbolag ska upp- fylla ett särskilt kapitalbaskrav utöver den kapitalbas som krävs enligt värdepappersbolagsförord- ningen, om</P>
<P class="p276 ft3">1. något av kraven i 8 kap. 3 §,</P>
<P class="p277 ft3">4 § första eller tredje stycket, 4 c och <NOBR>5–8</NOBR> §§ lagen (2007:528) om värdepappersmarknaden inte är uppfyllt och det inte är sannolikt att någon annan åtgärd är tillräcklig för att få bolaget att rätta till bris- terna inom rimlig tid,</P>
<P class="p199 ft3">2. ett särskilt kapitalbaskrav är nödvändigt för att täcka väsentliga risker som bolaget är eller kan bli exponerat för och väsentliga risker</P>
<TABLE cellpadding=0 cellspacing=0 class="t37">
<TR>
<TD class="tr2 td80"><P class="p278 ft2">38</P></TD>
<TD class="tr2 td209"><P class="p279 ft27"><SPAN class="ft48">12 </SPAN>Senaste lydelse 2020:1213.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_39">
<DIV>
<DIV id="id_1">
<P class="p238 ft3">som bolaget utsätter det finansiella systemet för,</P>
<P class="p103 ft3"><SPAN class="ft3">3.</SPAN><SPAN class="ft38">bolaget, under normala mark- nadsförhållanden, inte skulle kunna avveckla positioner i handelslagret under kort tid utan att göra betydande förluster,</SPAN></P>
<P class="p115 ft3"><SPAN class="ft3">4.</SPAN><SPAN class="ft53">granskningen av de interna modellerna enligt 5 a kap. visar att bolagets brister avseende kraven för att tillämpa de interna modellerna sannolikt kommer att leda till otillräckliga kapitalnivåer, eller</SPAN></P>
<P class="p115 ft3"><SPAN class="ft3">5.</SPAN><SPAN class="ft38">bolaget vid upprepade tillfällen låter bli att skaffa eller bibehålla tillräckliga nivåer av ytterligare kapital enligt 3 §.</SPAN></P>
<P class="p115 ft3">Ett beslut enligt första stycket ska vara skriftligt och grunda sig på översyn och utvärdering av värde- pappersbolaget.</P>
<P class="p105 ft3">Finansinspektionen får fatta beslut enligt denna paragraf även</P>
<P class="p280 ft21"><SPAN class="ft3">i</SPAN><SPAN class="ft62">fråga om ett litet och icke- sammanlänkat värdepappersbolag, om inspektionen anser att det är motiverat.</SPAN></P>
<P class="p281 ft3">2 §</P>
<P class="p282 ft21">Finansinspektionen får avstå från att besluta om ett särskilt kapitalbaskrav enligt 1 § om en överträdelse är ringa eller ursäktlig, om värdepappersbolaget gör rättelse eller om någon annan myndighet har vidtagit åtgärder mot bolaget och dessa åtgärder bedöms tillräckliga.</P>
<P class="p283 ft3">Bestämmelserna i 1 § gäller inte om överträdelsen är så allvarlig att verksamhetstillståndet i stället ska återkallas.</P>
<P class="p284 ft3">3 §</P>
<P class="p240 ft21">Finansinspektionen får besluta att ett värdepappersbolag ska ha en kapitalbasnivå som med tillräcklig marginal överstiger kraven enligt värdepappersbolagsförordningen, för att säkerställa att konjunktur-</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">39</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_40">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td111"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD colspan=4 class="tr2 td110"><P class="p18 ft3">svängningar inte leder till över-</P></TD>
</TR>
<TR>
<TD class="tr4 td111"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft21">trädelser av kapitalkraven eller hotar</P></TD>
</TR>
<TR>
<TD class="tr4 td111"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td67"><P class="p18 ft3">bolagets</P></TD>
<TD class="tr4 td67"><P class="p18 ft3">förmåga</P></TD>
<TD class="tr4 td56"><P class="p18 ft3">att</P></TD>
<TD class="tr4 td98"><P class="p16 ft21">avveckla</P></TD>
</TR>
<TR>
<TD class="tr4 td111"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft3">verksamheten på ett ordnat sätt.</P></TD>
</TR>
<TR>
<TD class="tr5 td111"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft3">Finansinspektionen ska granska</P></TD>
</TR>
<TR>
<TD class="tr4 td111"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft21">den nivå som värdepappersbolaget</P></TD>
</TR>
<TR>
<TD class="tr4 td111"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft3">har fastställt efter ett beslut enligt</P></TD>
</TR>
<TR>
<TD class="tr5 td111"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft3">första stycket och meddela bolaget</P></TD>
</TR>
<TR>
<TD class="tr4 td111"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft3">om nivån är tillräcklig eller</P></TD>
</TR>
<TR>
<TD class="tr4 td111"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td67"><P class="p18 ft3">behöver</P></TD>
<TD class="tr4 td67"><P class="p37 ft3">justeras.</P></TD>
<TD class="tr4 td56"><P class="p77 ft3">Om</P></TD>
<TD class="tr4 td98"><P class="p16 ft3">nivån</P></TD>
</TR>
<TR>
<TD class="tr5 td111"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft3">behöver justeras, ska inspektionen</P></TD>
</TR>
<TR>
<TD class="tr4 td111"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft3">meddela bolaget den sista dag då</P></TD>
</TR>
<TR>
<TD class="tr4 td111"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td92"><P class="p18 ft3">justeringen ska ha gjorts.</P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p285 ft21">Första och andra styckena gäller inte ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag.</P>
<P class="p286 ft3">4 §</P>
<P class="p287 ft21">När det gäller sådana värde- pappersbolag som avses i 2 kap. 1 § lagen (2015:1016) om resolu- tion ska Finansinspektionen under-</P>
<P class="p288 ft3">rätta Riksgäldskontoret och berörda utländska resolutions- myndigheter om</P>
<P class="p195 ft3">1. beslut om särskilt kapitalbas- krav enligt 1 §, och</P>
<P class="p195 ft3">2. krav på justeringar enligt 3 § andra stycket.</P>
<P class="p286 ft61">Särskilt likviditetskrav</P>
<TABLE cellpadding=0 cellspacing=0 class="t38">
<TR>
<TD class="tr2 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td20"><P class="p289 ft3">5 §</P></TD>
<TD class="tr2 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td210"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td211"><P class="p290 ft3">Finansinspektionen</P></TD>
<TD class="tr4 td16"><P class="p182 ft3">ska</P></TD>
<TD colspan=2 class="tr4 td89"><P class="p16 ft3">besluta</P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td212"><P class="p289 ft21">att ett värdepappersbolag ska upp-</P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p289 ft21">fylla ett särskilt likviditetskrav, om</P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p289 ft3">det är nödvändigt för att täcka de</P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td211"><P class="p289 ft3">likviditetsrisker som</P></TD>
<TD colspan=2 class="tr5 td102"><P class="p291 ft3">bolaget</P></TD>
<TD class="tr5 td210"><P class="p16 ft3">är</P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td213"><P class="p289 ft21">eller kan bli exponerat för.</P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p16 ft3">Första stycket gäller inte för ett</P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td212"><P class="p289 ft21">litet och <NOBR>icke-sammanlänkat</NOBR> värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p289 ft3">pappersbolag som omfattas av ett</P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td20"><P class="p289 ft3">beslut</P></TD>
<TD class="tr4 td190"><P class="p18 ft3">om</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p44 ft3">undantag</P></TD>
<TD colspan=2 class="tr4 td89"><P class="p16 ft3">enligt</P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td214"><P class="p289 ft3">artikel 43.1</P></TD>
<TD class="tr5 td62"><P class="p18 ft3">andra</P></TD>
<TD colspan=2 class="tr5 td102"><P class="p292 ft3">stycket</P></TD>
<TD class="tr5 td210"><P class="p16 ft3">i</P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p289 ft3">värdepappersbolagsförordningen.</P></TD>
</TR>
<TR>
<TD class="tr18 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr18 td214"><P class="p293 ft61">Ingripande</P></TD>
<TD class="tr18 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td210"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr22 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td20"><P class="p293 ft3">6 §</P></TD>
<TD class="tr22 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td210"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td211"><P class="p294 ft3">Finansinspektionen</P></TD>
<TD class="tr5 td16"><P class="p44 ft3">får</P></TD>
<TD colspan=2 class="tr5 td89"><P class="p16 ft21">tillämpa</P></TD>
</TR>
<TR>
<TD class="tr4 td36"><P class="p16 ft2">40</P></TD>
<TD colspan=6 class="tr4 td212"><P class="p293 ft21">bestämmelserna om ingripande i de</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_41">
<P class="p200 ft3">lagar som reglerar värdepappers- <SPAN class="ft2">Prop. 2020/21:173 </SPAN>bolagets verksamhet, om bolaget</P>
<P class="p295 ft3">inte uppfyller ett särskilt kapital- baskrav som beslutats enligt 1 § eller ett särskilt likviditetskrav som beslutats enligt 5 §.</P>
<P class="p296 ft22"><SPAN class="ft22">3</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN><SPAN class="ft20">13</SPAN></P>
<P class="p87 ft2">För varje konsoliderad situation ska det finnas ett ansvarigt företag.</P>
<P class="p65 ft2">Ett ansvarigt företag ska vara</P>
<P class="p65 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">ett moderinstitut inom EES,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">ett finansiellt holdingföretag eller blandat finansiellt holdingföretag som har godkänts enligt 1 kap. 8 §,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t39">
<TR>
<TD class="tr5 td108"><P class="p18 ft2">3. ett <SPAN class="ft3">institut </SPAN>som</P></TD>
<TD class="tr5 td90"><P class="p16 ft3"><SPAN class="ft2">3. ett </SPAN>kreditinstitut eller ett mot-</P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td90"><P class="p16 ft3">svarande utländskt företag inom</P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td90"><P class="p297 ft3">EES <SPAN class="ft2">som</SPAN></P></TD>
</TR>
</TABLE>
<P class="p89 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">är ett dotterföretag till ett finansiellt moderholdingföretag inom EES eller ett blandat finansiellt moderholdingföretag inom EES och som har medgetts undantag från kravet på godkännande enligt 1 kap. 9 §, och</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">avses i 1 kap. 9 § första stycket 3, eller</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t40">
<TR>
<TD class="tr4 td50"><P class="p107 ft2">4. ett <SPAN class="ft3">institut</SPAN>, ett finansiellt</P></TD>
<TD class="tr4 td215"><P class="p16 ft3"><SPAN class="ft2">4. ett </SPAN>kreditinstitut eller ett mot-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">holdingföretag eller blandat finan-</P></TD>
<TD class="tr4 td215"><P class="p16 ft3">svarande utländskt företag inom</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2">siellt holdingföretag som avses i</P></TD>
<TD class="tr5 td215"><P class="p16 ft2"><SPAN class="ft3">EES</SPAN>, ett finansiellt holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p298 ft2">8 kap. 2 a § första stycket 2 c.</P></TD>
<TD class="tr4 td215"><P class="p16 ft2">eller blandat finansiellt holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p16 ft2">företag som avses i 8 kap. 2 a §</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p299 ft2">första stycket 2 c.</P></TD>
</TR>
</TABLE>
<P class="p63 ft45"><SPAN class="ft2">3</SPAN><SPAN class="ft63">§</SPAN>14</P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR height=0>
<TD width=60px></TD>
<TD width=36px></TD>
<TD width=38px></TD>
<TD width=70px></TD>
<TD width=60px></TD>
<TD width=48px></TD>
<TD width=33px></TD>
<TD width=160px></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p108 ft2">Även om ett <SPAN class="ft3">institut</SPAN>, ett</P></TD>
<TD colspan=4 class="tr5 td157"><P class="p204 ft2">Även om ett <SPAN class="ft3">kreditinstitut</SPAN>, ett</P></TD>
</TR>
<TR>
<TD class="tr4 td183"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=3 class="tr4 td139"><P class="p107 ft2">holdingföretag eller ett</P></TD>
<TD class="tr4 td183"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p18 ft2">holdingföretag</P></TD>
<TD class="tr4 td216"><P class="p204 ft2">eller ett</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">blandat finansiellt holdingföretag</P></TD>
<TD colspan=2 class="tr4 td100"><P class="p18 ft2">blandat finansiellt</P></TD>
<TD colspan=2 class="tr4 td217"><P class="p204 ft2">holdingföretag</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">inte är ansvarigt företag enligt 1 §,</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p204 ft2">inte är ansvarigt företag enligt 1 §,</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">ska det se till att kraven i 2 §</P></TD>
<TD colspan=4 class="tr5 td157"><P class="p204 ft2">ska det se till att kraven i 2 §</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">tillämpas på undergruppsnivå, om</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p18 ft2">tillämpas på undergruppsnivå, om</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td130"><P class="p39 ft3"><SPAN class="ft2">1. </SPAN>institutet<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td114"><P class="p18 ft2">det</P></TD>
<TD class="tr4 td71"><P class="p107 ft2">finansiella</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p204 ft2">1. <SPAN class="ft3">kreditinstitutet</SPAN>, det finansiella</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td130"><P class="p18 ft2">holdingföretaget,</P></TD>
<TD class="tr5 td114"><P class="p48 ft2">det</P></TD>
<TD class="tr5 td71"><P class="p107 ft2">blandade</P></TD>
<TD colspan=2 class="tr5 td100"><P class="p18 ft2">holdingföretaget,</P></TD>
<TD class="tr5 td88"><P class="p18 ft2">det</P></TD>
<TD class="tr5 td216"><P class="p204 ft31">blandade</P></TD>
</TR>
<TR>
<TD class="tr4 td183"><P class="p18 ft2">finansiella</P></TD>
<TD colspan=3 class="tr4 td139"><P class="p107 ft2">holdingföretaget eller</P></TD>
<TD class="tr4 td183"><P class="p18 ft2">finansiella</P></TD>
<TD colspan=3 class="tr4 td218"><P class="p204 ft2">holdingföretaget eller</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">dess moderföretag, när moderföre-</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p204 ft2">dess moderföretag, när moderföre-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">taget är ett finansiellt holding-</P></TD>
<TD colspan=4 class="tr5 td157"><P class="p204 ft2">taget är ett finansiellt holding-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">företag eller ett blandat finansiellt</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p204 ft2">företag eller ett blandat finansiellt</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">holdingföretag, har ett dotterföretag</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p204 ft31">holdingföretag, har ett dotterföretag</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">eller har ägarintresse i ett dotter-</P></TD>
<TD colspan=4 class="tr5 td157"><P class="p204 ft2">eller har ägarintresse i ett dotter-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td130"><P class="p18 ft2">företag, och</P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td71"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td100"><P class="p18 ft2">företag, och</P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td216"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p108 ft2">2. dotterföretaget är ett utländskt</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p204 ft2">2. dotterföretaget är <SPAN class="ft3">etablerat i ett</SPAN></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2"><SPAN class="ft3">institut</SPAN>, ett finansiellt institut eller</P></TD>
<TD colspan=3 class="tr5 td219"><P class="p18 ft3">land utanför EES, och är</P></TD>
<TD class="tr5 td216"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr23 td41"><P class="p18 ft27"><SPAN class="ft48">13 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr23 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr23 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr23 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr23 td88"><P class="p18 ft5"> </P></TD>
<TD rowspan=2 class="tr24 td216"><P class="p16 ft2">41</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td41"><P class="p18 ft27"><SPAN class="ft48">14 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr5 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_42">
<TABLE cellpadding=0 cellspacing=0 class="t22">
<TR>
<TD class="tr2 td78"><P class="p186 ft2">Prop. 2020/21:173</P></TD>
<TD colspan=4 class="tr2 td96"><P class="p77 ft2">ett förvaltningsbolag</P></TD>
<TD class="tr2 td171"><P class="p39 ft2">som</P></TD>
<TD class="tr2 td113"><P class="p44 ft2">är</P></TD>
<TD colspan=8 class="tr2 td64"><P class="p16 ft3">a) <SPAN class="ft2">ett </SPAN>företag som motsvarar ett</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td44"><P class="p77 ft2">etablerat i ett land utanför EES.</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td73"><P class="p77 ft3">kreditinstitut<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td64"><P class="p16 ft3">b) <SPAN class="ft2">ett </SPAN>företag som motsvarar ett</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td220"><P class="p77 ft2">finansiellt institut<SPAN class="ft3">, </SPAN>eller</P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td221"><P class="p45 ft2"><SPAN class="ft3">c) </SPAN>ett förvaltningsbolag.</P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=14 class="tr4 td168"><P class="p16 ft2">Med förvaltningsbolag avses ett utländskt företag som i sitt hemland har</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td109"><P class="p77 ft2">tillstånd att förvalta fondföretag.</P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr15 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td171"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr15 td101"><P class="p300 ft2">4 §<SPAN class="ft20">15</SPAN></P></TD>
<TD class="tr15 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td109"><P class="p44 ft2">Ett moder- eller dotterföretag</P></TD>
<TD colspan=8 class="tr4 td64"><P class="p16 ft2">Ett moder- eller dotterföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td109"><P class="p77 ft2">som står under tillsyn enligt denna</P></TD>
<TD colspan=8 class="tr4 td64"><P class="p16 ft2">som står under tillsyn enligt denna</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td109"><P class="p77 ft2">lag ska på grupp- eller under-</P></TD>
<TD colspan=8 class="tr5 td64"><P class="p16 ft2">lag ska på grupp- eller under-</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td109"><P class="p77 ft2">gruppsnivå uppfylla kraven i 6 kap.</P></TD>
<TD colspan=8 class="tr4 td64"><P class="p16 ft2">gruppsnivå uppfylla kraven i 6 kap.</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p77 ft2">2 §</P></TD>
<TD class="tr4 td135"><P class="p18 ft2">första</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p112 ft2">stycket</P></TD>
<TD class="tr4 td171"><P class="p301 ft31">och</P></TD>
<TD class="tr4 td113"><P class="p44 ft2">3 §</P></TD>
<TD class="tr4 td171"><P class="p77 ft2">2 §</P></TD>
<TD colspan=2 class="tr4 td160"><P class="p18 ft2">första</P></TD>
<TD colspan=3 class="tr4 td160"><P class="p291 ft31">stycket</P></TD>
<TD class="tr4 td47"><P class="p77 ft2">och</P></TD>
<TD class="tr4 td123"><P class="p16 ft2">3 §</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td96"><P class="p77 ft2">lagen (2004:297) om</P></TD>
<TD class="tr5 td171"><P class="p302 ft2">bank-</P></TD>
<TD class="tr5 td113"><P class="p44 ft31">och</P></TD>
<TD colspan=4 class="tr5 td57"><P class="p77 ft2">lagen (2004:297)</P></TD>
<TD colspan=2 class="tr5 td135"><P class="p291 ft2">om</P></TD>
<TD class="tr5 td47"><P class="p18 ft2">bank-</P></TD>
<TD class="tr5 td123"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td109"><P class="p77 ft2">finansieringsrörelse <SPAN class="ft3">samt 8 kap. 4 §</SPAN></P></TD>
<TD colspan=5 class="tr4 td195"><P class="p77 ft2">finansieringsrörelse</P></TD>
<TD colspan=3 class="tr4 td65"><P class="p16 ft2">om riskhan-</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p77 ft3">första</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p44 ft3">stycket</P></TD>
<TD class="tr4 td171"><P class="p77 ft3">och</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p44 ft3">5 § lagen</P></TD>
<TD colspan=7 class="tr4 td221"><P class="p77 ft2">tering och genomlysning.</P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td222"><P class="p77 ft3">(2007:528)</P></TD>
<TD class="tr5 td31"><P class="p44 ft3">om</P></TD>
<TD colspan=3 class="tr5 td100"><P class="p44 ft21">värdepappersmark-</P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td109"><P class="p77 ft2"><SPAN class="ft3">naden </SPAN>om riskhantering och genom-</P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td222"><P class="p77 ft2">lysning.</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=14 class="tr5 td168"><P class="p29 ft2">Ett sådant företag ska också införa styrformer, processer och rutiner</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=14 class="tr4 td168"><P class="p16 ft2">enligt första stycket i sina dotterföretag som inte står under tillsyn enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=14 class="tr4 td168"><P class="p16 ft2">denna lag. Sådana dotterföretag ska uppfylla de krav som avses i första</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td44"><P class="p77 ft2">stycket på individuell nivå.</P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=14 class="tr4 td168"><P class="p16 ft2">Finansinspektionen ska, efter ansökan av ett ansvarigt företag enligt 1 §</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=14 class="tr4 td168"><P class="p16 ft2">andra stycket, besluta om undantag från kravet i andra stycket, om före-</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=14 class="tr5 td168"><P class="p16 ft31">taget kan visa att ett sådant införande strider mot lagen i det land där dotter-</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td96"><P class="p77 ft2">företaget är etablerat.</P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr13 td57"><P class="p73 ft61">3 a kap. Krav på</P></TD>
<TD class="tr13 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td64"><P class="p73 ft61">värdepappersföretagskoncerner</P></TD>
</TR>
<TR>
<TD class="tr25 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr25 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr25 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr25 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr25 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr25 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr25 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr25 td64"><P class="p73 ft61">Krav på moder- och dotterföretag</P></TD>
</TR>
<TR>
<TD class="tr26 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td171"><P class="p77 ft3">1 §</P></TD>
<TD class="tr26 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p45 ft3">När</P></TD>
<TD colspan=3 class="tr4 td27"><P class="p81 ft3">artikel 7</P></TD>
<TD class="tr4 td6"><P class="p18 ft3">i</P></TD>
<TD colspan=3 class="tr4 td65"><P class="p16 ft21">värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td195"><P class="p77 ft3">bolagsförordningen</P></TD>
<TD class="tr5 td131"><P class="p182 ft3">är</P></TD>
<TD colspan=2 class="tr5 td183"><P class="p16 ft3">tillämplig</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td64"><P class="p16 ft3">ska 8 kap. 3 §, 4 § första och tredje</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td80"><P class="p77 ft3">styckena,</P></TD>
<TD class="tr4 td31"><P class="p18 ft3">4 c</P></TD>
<TD colspan=2 class="tr4 td126"><P class="p37 ft3">och</P></TD>
<TD colspan=3 class="tr4 td65"><P class="p16 ft3"><NOBR>5–8</NOBR> §§ lagen</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td80"><P class="p77 ft21">(2007:528)</P></TD>
<TD class="tr5 td31"><P class="p43 ft3">om</P></TD>
<TD colspan=5 class="tr5 td100"><P class="p16 ft3">värdepappersmark-</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td64"><P class="p16 ft3">naden tillämpas på en värdepap-</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td64"><P class="p16 ft3">persföretagskoncern om inte annat</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td64"><P class="p16 ft3">följer av beslut enligt artikel 8 i</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td195"><P class="p77 ft3">samma förordning.</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td220"><P class="p45 ft3">Finansinspektionen</P></TD>
<TD class="tr4 td47"><P class="p18 ft3">ska,</P></TD>
<TD class="tr4 td123"><P class="p16 ft3">efter</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td64"><P class="p16 ft3">ansökan av ett moderföretag som</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td64"><P class="p16 ft3">avses i artikel 7 i värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td195"><P class="p77 ft3">bolagsförordningen,</P></TD>
<TD colspan=2 class="tr4 td177"><P class="p35 ft3">besluta</P></TD>
<TD class="tr4 td123"><P class="p16 ft3">om</P></TD>
</TR>
<TR>
<TD class="tr27 td78"><P class="p220 ft2">42</P></TD>
<TD colspan=4 class="tr27 td96"><P class="p77 ft27"><SPAN class="ft48">15 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr27 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td123"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_43">
<P class="p200 ft3">undantag från kravet i första <SPAN class="ft2">Prop. 2020/21:173 </SPAN>stycket, om företaget kan visa att en</P>
<P class="p295 ft3">sådan tillämpning strider mot lagen i det land där dotterföretaget är etablerat.</P>
<P class="p303 ft60">Ledningen för ett värdepappersinriktat holdingföretag</P>
<P class="p304 ft3">2 §</P>
<P class="p305 ft3">Den som ingår i ledningen för ett värdepappersinriktat holdingföre- tag eller blandat finansiellt holdingföretag i en koncern som avses i 1 § ska ha tillräcklig insikt och erfarenhet för att delta i led- ningen av företaget och även i övrigt vara lämplig för en sådan uppgift.</P>
<P class="p296 ft22"><SPAN class="ft22">4</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN><SPAN class="ft20">16</SPAN></P>
<P class="p91 ft2">Finansinspektionen ska utöva tillsyn över att de gruppbaserade kraven är uppfyllda, om</P>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">moderföretaget är ett kreditinstitut,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">moderföretaget är ett värdepappersbolag och inget av dess dotter- företag är ett kreditinstitut,</SPAN></P>
<P class="p89 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">ett utländskt värdepappersföretag inom EES är moderföretag till ett kreditinstitut och det i den konsoliderade situationen inte finns något mot- svarande utländskt företag inom EES med en större total balans- omslutning,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr5 td86"><P class="p39 ft2">4. ett finansiellt holdingföretag</P></TD>
<TD class="tr5 td223"><P class="p204 ft2">4. ett finansiellt holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">eller ett blandat finansiellt holding-</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">eller ett blandat finansiellt holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">företag inom EES är moderföretag</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">företag inom EES är moderföretag</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">till ett <SPAN class="ft3">institut</SPAN>,</P></TD>
<TD class="tr5 td223"><P class="p204 ft3"><SPAN class="ft2">till ett </SPAN>kreditinstitut eller ett värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td223"><P class="p18 ft3">pappersbolag<SPAN class="ft2">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p39 ft2">5. ett finansiellt holdingföretag</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">5. ett finansiellt holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">eller ett blandat finansiellt holding-</P></TD>
<TD class="tr5 td223"><P class="p204 ft2">eller ett blandat finansiellt holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">företag inom EES är moderföretag</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">företag inom EES är moderföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">till två eller flera <SPAN class="ft3">institut</SPAN>, och</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">till två eller flera <SPAN class="ft3">kreditinstitut,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td223"><P class="p204 ft3">värdepappersbolag eller motsva-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td223"><P class="p18 ft3">rande utländska företag<SPAN class="ft2">, och</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p39 ft2">a) ett av <SPAN class="ft3">instituten </SPAN>är ett kredit-</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">a) ett av <SPAN class="ft3">företagen </SPAN>är ett kredit-</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">institut och det i den konsoliderade</P></TD>
<TD class="tr5 td223"><P class="p204 ft2">institut och det i den konsoliderade</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">situationen inte finns något mot-</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">situationen inte finns något mot-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">svarande utländskt företag inom</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">svarande utländskt företag inom</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">EES,</P></TD>
<TD class="tr5 td223"><P class="p18 ft2">EES,</P></TD>
</TR>
<TR>
<TD class="tr28 td86"><P class="p18 ft29"><SPAN class="ft28">16 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr28 td223"><P class="p16 ft2">43</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_44">
<DIV>
<DIV id="id_1">
<P class="p118 ft2">Prop. 2020/21:173</P>
<P class="p119 ft2">44</P>
</DIV>
<DIV id="id_2">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td50"><P class="p30 ft2">b) ett av <SPAN class="ft3">instituten </SPAN>är ett kredit-</P></TD>
<TD class="tr2 td85"><P class="p16 ft2">b) ett av <SPAN class="ft3">företagen </SPAN>är ett kredit-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p30 ft2">institut och det i den konsoliderade</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">institut och det i den konsoliderade</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p30 ft2">situationen inte finns något mot-</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">situationen inte finns något mot-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p30 ft2">svarande utländskt företag inom</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">svarande utländskt företag inom</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p30 ft2">EES med en större balansomslut-</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">EES med en större balansomslut-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">ning, eller</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">ning, eller</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p30 ft2">c) ett av <SPAN class="ft3">instituten </SPAN>är ett värde-</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">c) ett av <SPAN class="ft3">företagen </SPAN>är ett värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p30 ft31">pappersbolag och det i den konsoli-</P></TD>
<TD class="tr5 td85"><P class="p16 ft31">pappersbolag och det i den konsoli-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">derade situationen inte finns något</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">derade situationen inte finns något</P></TD>
</TR>
</TABLE>
<P class="p122 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft17">motsvarande utländskt företag inom EES med en större balans- omslutning, eller</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft17">kreditinstitut eller motsvarande utländskt företag inom EES, eller</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft33">konsolidering krävs enligt artikel 18.3 eller 18.6 i tillsynsförord- ningen och</SPAN></P>
<P class="p123 ft2">a) ett kreditinstitut har den största balansomslutningen av motsvarande företag inom EES, eller</P>
<P class="p121 ft2">b) ett värdepappersbolag har den största balansomslutningen av mot- svarande företag inom EES och det inte finns något kreditinstitut eller motsvarande utländskt företag inom EES.</P>
<P class="p121 ft2">Första stycket 3, 5 b, 5 c och 6 gäller dock inte om en annan behörig myndighet utövar tillsyn på individuell nivå över minst två utländska företag i den konsoliderade situationen och summan av de totala balans- omslutningarna för dessa är högre än för det svenska företaget.</P>
<P class="p121 ft2">Även om en annan behörig myndighet ska utöva tillsyn över att de gruppbaserade kraven uppfylls enligt artikel 111.1 tredje stycket, 111.3 b eller c eller 111.4 i kapitaltäckningsdirektivet, ska Finansinspektionen utöva sådan tillsyn om inspektionen på individuell nivå ska utöva tillsyn över minst två kreditinstitut respektive värdepappersbolag i den konsoliderade situationen och summan av de totala balansomslutningarna för dessa är högre än de för motsvarande utländska företag inom ett och samma land inom EES.</P>
<P class="p306 ft45"><SPAN class="ft2">2</SPAN><SPAN class="ft64">§</SPAN>17</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td114"><P class="p39 ft2">När</P></TD>
<TD colspan=2 class="tr4 td161"><P class="p39 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td140"><P class="p30 ft2">ska</P></TD>
<TD class="tr4 td135"><P class="p48 ft2">När</P></TD>
<TD colspan=4 class="tr4 td224"><P class="p160 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD class="tr4 td114"><P class="p18 ft2">utöva</P></TD>
<TD class="tr4 td145"><P class="p18 ft3">tillsynen <SPAN class="ft2">enligt</SPAN></P></TD>
<TD colspan=2 class="tr4 td222"><P class="p30 ft2">1 § första</P></TD>
<TD class="tr4 td135"><P class="p18 ft2">utöva</P></TD>
<TD class="tr4 td98"><P class="p35 ft3">tillsyn</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p73 ft2">enligt 1 §</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p16 ft2">första</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p30 ft2">stycket <NOBR>1–3,</NOBR> 5 och 6, får inspek-</P></TD>
<TD colspan=6 class="tr5 td85"><P class="p18 ft2">stycket <NOBR>1–3,</NOBR> 5 och 6, får inspek-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft2">tionen komma överens med övriga</P></TD>
<TD colspan=6 class="tr4 td85"><P class="p18 ft2">tionen komma överens med övriga</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft2">berörda behöriga myndigheter om</P></TD>
<TD colspan=6 class="tr4 td85"><P class="p18 ft2">berörda behöriga myndigheter om</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p30 ft2">att en annan behörig myndighet</P></TD>
<TD colspan=6 class="tr5 td85"><P class="p18 ft2">att en annan behörig myndighet</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft2">inom EES än inspektionen ska</P></TD>
<TD colspan=6 class="tr4 td85"><P class="p18 ft2">inom EES än inspektionen ska</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft2">ansvara för tillsynen. Finans-</P></TD>
<TD colspan=6 class="tr4 td85"><P class="p18 ft2">ansvara för tillsynen. Finans-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p30 ft2">inspektionen får ingå en sådan</P></TD>
<TD colspan=6 class="tr5 td85"><P class="p18 ft2">inspektionen får ingå en sådan</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td161"><P class="p18 ft2">överenskommelse, om</P></TD>
<TD class="tr4 td114"><P class="p42 ft2">det</P></TD>
<TD class="tr4 td140"><P class="p30 ft2">är</P></TD>
<TD colspan=3 class="tr4 td199"><P class="p18 ft2">överenskommelse,</P></TD>
<TD class="tr4 td88"><P class="p1 ft2">om</P></TD>
<TD class="tr4 td69"><P class="p18 ft2">det</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">är</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft2">olämpligt att inspektionen ansvarar</P></TD>
<TD colspan=6 class="tr4 td85"><P class="p18 ft2">olämpligt att inspektionen ansvarar</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p30 ft2">för tillsynen med hänsyn till de</P></TD>
<TD colspan=6 class="tr5 td85"><P class="p18 ft2">för tillsynen med hänsyn till de</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft31"><SPAN class="ft21">institut </SPAN>och motsvarande utländska</P></TD>
<TD colspan=2 class="tr4 td158"><P class="p18 ft3">kreditinstitut,</P></TD>
<TD colspan=4 class="tr4 td159"><P class="p16 ft3">värdepappersbolag</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft2">företag det gäller och den relativa</P></TD>
<TD colspan=6 class="tr4 td85"><P class="p18 ft2">och motsvarande utländska företag</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p30 ft2">betydelsen av deras verksamheter i</P></TD>
<TD class="tr5 td135"><P class="p18 ft2">det</P></TD>
<TD class="tr5 td98"><P class="p18 ft2">gäller</P></TD>
<TD class="tr5 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td88"><P class="p18 ft2">den</P></TD>
<TD colspan=2 class="tr5 td62"><P class="p16 ft2">relativa</P></TD>
</TR>
</TABLE>
<P class="p188 ft29"><SPAN class="ft25">17</SPAN><SPAN class="ft32">Senaste lydelse 2020:1213.</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_45">
<DIV id="tx1"><SPAN class="ft2">Om det skulle vara olämpligt med hänsyn till de </SPAN><SPAN class="ft3">kreditinstitut, värdepappersbolag </SPAN><SPAN class="ft2">eller motsvar- ande utländska företag det gäller, den relativa betydelsen av deras verksamheter i de olika länderna eller behovet av att säkerställa kontinuitet i tillsynen på gruppnivå att tillsynen utövas av den myndighet som enligt artikel 111.1, 111.3 eller 111.4 i kapital- täckningsdirektivet ska utöva den</SPAN></DIV>
<DIV id="tx2"><SPAN class="ft31">gruppbaserade tillsynen, får Finansinspektionen komma över- ens med de övriga berörda behöriga myndigheterna om att inspektionen eller någon annan behörig myn- dighet ska ansvara för tillsynen.</SPAN></DIV>
<DIV id="tx3"><SPAN class="ft2">I ett sådant fall ska moder- institutet inom EES, det finansiella moderholdingföretaget inom EES</SPAN><SPAN class="ft3">, det blandade finansiella moder- holdingföretaget inom EES, </SPAN><SPAN class="ft2">eller det </SPAN><SPAN class="ft3">kreditinstitut, värdepappers- bolag </SPAN><SPAN class="ft2">eller motsvarande utländska</SPAN></DIV>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD colspan=3 class="tr2 td86"><P class="p18 ft2">de olika länderna eller behovet av</P></TD>
<TD colspan=4 class="tr2 td223"><P class="p18 ft2">betydelsen av deras verksamheter i Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p18 ft2">att säkerställa kontinuitet i tillsynen</P></TD>
<TD colspan=4 class="tr4 td223"><P class="p18 ft2">de olika länderna eller behovet av</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft2">på gruppnivå.</P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td223"><P class="p18 ft2">att säkerställa kontinuitet i tillsynen</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td206"><P class="p18 ft2">på gruppnivå.</P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td86"><P class="p249 ft2">I ett sådant fall ska moder-</P></TD>
<TD colspan=4 class="tr5 td223"><P class="p204 ft2">I ett sådant fall ska moder-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p18 ft2">institutet inom EES, det finansiella</P></TD>
<TD colspan=4 class="tr4 td223"><P class="p18 ft2">institutet inom EES, det finansiella</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p18 ft2">moderholdingföretaget inom EES,</P></TD>
<TD colspan=4 class="tr4 td223"><P class="p18 ft2">moderholdingföretaget inom EES,</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td86"><P class="p18 ft2">det blandade finansiella <SPAN class="ft3">holding-</SPAN></P></TD>
<TD colspan=4 class="tr5 td223"><P class="p18 ft2">det blandade finansiella <SPAN class="ft3">moder-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p18 ft3">företaget <SPAN class="ft2">eller det </SPAN>institut <SPAN class="ft2">eller</SPAN></P></TD>
<TD colspan=3 class="tr4 td137"><P class="p18 ft3">holdingföretaget inom EES,</P></TD>
<TD class="tr4 td14"><P class="p204 ft2">eller</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p18 ft2">motsvarande utländska företag som</P></TD>
<TD colspan=4 class="tr4 td223"><P class="p18 ft3"><SPAN class="ft2">det </SPAN>kreditinstitut, värdepappers-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td86"><P class="p18 ft2">har den största balansomslut-</P></TD>
<TD colspan=4 class="tr5 td223"><P class="p18 ft2"><SPAN class="ft3">bolag </SPAN>eller motsvarande utländska</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p18 ft2">ningen, beroende på vad som är</P></TD>
<TD colspan=4 class="tr4 td223"><P class="p18 ft2">företag som har den största balans-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p18 ft2">tillämpligt, ges tillfälle att yttra sig</P></TD>
<TD class="tr4 td206"><P class="p18 ft2">omslutningen,</P></TD>
<TD class="tr4 td102"><P class="p256 ft31">beroende</P></TD>
<TD class="tr4 td69"><P class="p32 ft2">på</P></TD>
<TD class="tr4 td14"><P class="p204 ft2">vad</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td225"><P class="p18 ft2">innan Finansinspektionen och</P></TD>
<TD class="tr5 td12"><P class="p249 ft2">de</P></TD>
<TD colspan=4 class="tr5 td223"><P class="p18 ft2">som är tillämpligt, ges tillfälle att</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p18 ft2">övriga berörda behöriga myndig-</P></TD>
<TD colspan=4 class="tr4 td223"><P class="p18 ft2">yttra sig innan Finansinspektionen</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft2">heterna ingår</P></TD>
<TD colspan=2 class="tr4 td79"><P class="p249 ft2">överenskommelsen.</P></TD>
<TD colspan=4 class="tr4 td223"><P class="p18 ft2">och de övriga berörda behöriga</P></TD>
</TR>
<TR>
<TD class="tr5 td148"><P class="p18 ft2">Europeiska</P></TD>
<TD class="tr5 td174"><P class="p18 ft2">kommissionen</P></TD>
<TD class="tr5 td12"><P class="p249 ft31">och</P></TD>
<TD class="tr5 td206"><P class="p18 ft2">myndigheterna</P></TD>
<TD class="tr5 td102"><P class="p307 ft2">ingår</P></TD>
<TD colspan=2 class="tr5 td226"><P class="p204 ft2">överens-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td225"><P class="p18 ft2">Europeiska bankmyndigheten</P></TD>
<TD class="tr4 td12"><P class="p249 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td219"><P class="p18 ft2">kommelsen. Europeiska</P></TD>
<TD colspan=2 class="tr4 td226"><P class="p204 ft2">kommis-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p18 ft2">underrättas om en sådan överens-</P></TD>
<TD colspan=4 class="tr4 td223"><P class="p18 ft2">sionen och Europeiska bank-</P></TD>
</TR>
<TR>
<TD class="tr5 td148"><P class="p18 ft2">kommelse.</P></TD>
<TD class="tr5 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td223"><P class="p18 ft2">myndigheten ska underrättas om en</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td219"><P class="p18 ft2">sådan överenskommelse.</P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p63 ft20"><SPAN class="ft2">3</SPAN><SPAN class="ft17">§</SPAN>18</P>
<P class="p308 ft2">Om det skulle vara olämpligt med hänsyn till de <SPAN class="ft3">institut </SPAN>eller motsvarande utländska företag det gäller, den relativa betydelsen av deras verksamheter i de olika länderna eller behovet av att säker- ställa kontinuitet i tillsynen på gruppnivå att tillsynen utövas av den myndighet som enligt artikel 111.1, 111.3 eller 111.4 i kapital- täckningsdirektivet ska utöva den</P>
<P class="p309 ft2">gruppbaserade tillsynen, får Finansinspektionen komma över- ens med de övriga berörda behöriga myndigheterna om att inspektionen eller någon annan behörig myn- dighet ska ansvara för tillsynen.</P>
<P class="p310 ft2">I ett sådant fall ska moder- institutet inom EES, det finansiella moderholdingföretaget inom EES eller det <SPAN class="ft3">institut </SPAN>eller motsvarande utländska företag som har den största balansomslutningen, bero- ende på vad som är tillämpligt, ges</P>
<TABLE cellpadding=0 cellspacing=0 class="t41">
<TR>
<TD class="tr2 td58"><P class="p18 ft29"><SPAN class="ft28">18 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr2 td63"><P class="p16 ft2">45</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_46">
<DIV id="tx1"><SPAN class="ft48">19 </SPAN><SPAN class="ft27">Senaste lydelse 2020:1213.</SPAN></DIV>
<DIV id="tx2"><SPAN class="ft65">4 a kap. Tillsynsansvar för värdepappersföretagskoncerner</SPAN></DIV>
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD colspan=2 class="tr2 td84"><P class="p30 ft2">Prop. 2020/21:173 tillfälle att yttra sig innan Finans-</P></TD>
<TD class="tr2 td85"><P class="p18 ft2">företag som har den största</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td84"><P class="p30 ft2">inspektionen och de övriga berörda</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">balansomslutningen, beroende på</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td84"><P class="p30 ft2">behöriga myndigheterna ingår</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">vad som är tillämpligt, ges tillfälle</P></TD>
</TR>
<TR>
<TD class="tr4 td28"><P class="p36 ft2">överenskommelsen.</P></TD>
<TD class="tr4 td148"><P class="p30 ft2">Europeiska</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">att yttra sig innan Finansinspek-</P></TD>
</TR>
<TR>
<TD class="tr5 td28"><P class="p36 ft2">kommissionen och</P></TD>
<TD class="tr5 td148"><P class="p30 ft2">Europeiska</P></TD>
<TD class="tr5 td85"><P class="p18 ft2">tionen och de övriga berörda behö-</P></TD>
</TR>
<TR>
<TD class="tr4 td28"><P class="p36 ft2">bankmyndigheten ska</P></TD>
<TD class="tr4 td148"><P class="p30 ft31">underrättas</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">riga myndigheterna ingår överens-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td84"><P class="p36 ft2">om en sådan överenskommelse.</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">kommelsen. Europeiska kommis-</P></TD>
</TR>
<TR>
<TD class="tr5 td28"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td85"><P class="p18 ft2">sionen och Europeiska bankmyn-</P></TD>
</TR>
<TR>
<TD class="tr4 td28"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft2">digheten ska underrättas om en</P></TD>
</TR>
<TR>
<TD class="tr4 td28"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft2">sådan överenskommelse.</P></TD>
</TR>
</TABLE>
<P class="p311 ft2">5 §<SPAN class="ft20">19</SPAN></P>
<P class="p96 ft2">Inom fyra månader från det att Finansinspektionen har lämnat en rapport enligt 4 §, ska inspektionen försöka komma överens med övriga berörda behöriga myndigheter om vilket beslut som bör fattas</P>
<P class="p98 ft2">1. i enlighet med 2 kap. 2 § med anledning av väsentliga resultat av likviditetstillsynen, och</P>
<P class="p98 ft2">2. om huruvida kapitalbasen på gruppnivå är tillräcklig med hänsyn till den finansiella situationen och riskprofilen och om de kapitalbasnivåer som krävs för att tillämpa 2 kap. 1 och 1 c §§ på individuell nivå eller</P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD class="tr5 td227"><P class="p18 ft2">gruppnivå.</P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td163"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p30 ft3">Överenskommelsen <SPAN class="ft2">enligt första</SPAN></P></TD>
<TD class="tr4 td163"><P class="p48 ft3">En överenskommelse</P></TD>
<TD class="tr4 td68"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">stycket 1 ska ta hänsyn till de</P></TD>
<TD colspan=2 class="tr4 td85"><P class="p18 ft31">första stycket 1 ska ta hänsyn till de</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">resultat som framkommit i fråga</P></TD>
<TD colspan=2 class="tr5 td85"><P class="p18 ft2">resultat som framkommit i fråga</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">om <SPAN class="ft3">institutens </SPAN>organisation, risk-</P></TD>
<TD colspan=2 class="tr4 td85"><P class="p18 ft3"><SPAN class="ft2">om </SPAN>kreditinstitutens och de mot-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">hantering och behovet av särskilda</P></TD>
<TD colspan=2 class="tr4 td85"><P class="p18 ft3">svarande utländska företagens</P></TD>
</TR>
<TR>
<TD class="tr5 td227"><P class="p18 ft2">likviditetskrav</P></TD>
<TD class="tr5 td125"><P class="p18 ft2">för</P></TD>
<TD class="tr5 td27"><P class="p30 ft2">specifika</P></TD>
<TD class="tr5 td163"><P class="p18 ft2">organisation, riskhantering</P></TD>
<TD class="tr5 td68"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD class="tr4 td227"><P class="p18 ft2">institut.</P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td85"><P class="p18 ft2">behovet av särskilda likviditetskrav</P></TD>
</TR>
<TR>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td163"><P class="p18 ft2">för specifika institut.</P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p312 ft3">1 §</P>
<P class="p313 ft3">Finansinspektionen ska utöva tillsyn över att kraven i artikel 7 eller, i tillämpliga fall, villkoren i artikel 8 i värdepappersbolags- förordningen är uppfyllda, om det i koncernen inte finns något kredit- institut eller motsvarande utländskt företag inom EES, och</P>
<TABLE cellpadding=0 cellspacing=0 class="t42">
<TR>
<TD class="tr2 td132"><P class="p48 ft3">1. ett</P></TD>
<TD class="tr2 td142"><P class="p16 ft3">värdepappersbolag är</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td85"><P class="p18 ft3">moderföretag,</P></TD>
</TR>
<TR>
<TD class="tr4 td132"><P class="p48 ft3">2. ett</P></TD>
<TD class="tr4 td142"><P class="p16 ft3">värdepappersinriktat</P></TD>
</TR>
</TABLE>
<P class="p288 ft3">holdingföretag eller ett blandat finansiellt holdingföretag inom</P>
<P class="p314 ft2">46</P>
</DIV>
<DIV id="page_47">
<DIV>
<DIV id="id_1">
<P class="p114 ft3">EES är moderföretag till ett värde- pappersbolag och det i koncernen inte finns något motsvarande utländskt företag inom EES,</P>
<P class="p105 ft3"><SPAN class="ft3">3.</SPAN><SPAN class="ft53">ett svenskt värdepappers- inriktat holdingföretag eller ett svenskt blandat finansiellt holding- företag är moderföretag till ett värdepappersbolag och minst ett motsvarande utländskt företag inom EES,</SPAN></P>
<P class="p239 ft21"><SPAN class="ft3">4.</SPAN><SPAN class="ft54">ett värdepappersinriktat hol- dingföretag eller ett blandat finan- siellt holdingföretag är moder- företag till ett värdepappersbolag och minst ett motsvarande utländskt företag inom EES, och</SPAN></P>
<P class="p115 ft3">– inget sådant dotterföretag är auktoriserat i samma land inom EES som moderföretaget är etablerat i, och</P>
<P class="p115 ft3">– värdepappersbolaget har större balansomslutning än något av de motsvarande utländska före- tagen inom EES, eller</P>
<P class="p87 ft3"><SPAN class="ft3">5.</SPAN><SPAN class="ft53">det i koncernen finns två eller</SPAN></P>
<P class="p114 ft3">flera värdepappersinriktade holdingföretag eller blandade finansiella holdingföretag med huvudkontor i olika länder inom EES som är moderföretag till ett värdepappersbolag och minst ett motsvarande utländskt företag inom EES och</P>
<P class="p315 ft3">– dotterföretagen är auktoris- erade i de respektive länder inom EES som moderföretagen har huvudkontor i, och</P>
<P class="p105 ft3">– värdepappersbolaget har större balansomslutning än något av de motsvarande utländska före- tagen inom EES.</P>
<P class="p316 ft3">2 §</P>
<P class="p103 ft3">När Finansinspektionen ska utöva tillsyn enligt 1 § får inspek- tionen komma överens med övriga berörda behöriga myndigheter om att en annan behörig myndighet inom EES än inspektionen ska ansvara för tillsynen. Finans-</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">47</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_48">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td84"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td147"><P class="p18 ft3">inspektionen får</P></TD>
<TD class="tr2 td88"><P class="p18 ft3">ingå</P></TD>
<TD colspan=2 class="tr2 td54"><P class="p16 ft3">en sådan</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td147"><P class="p18 ft3">överenskommelse</P></TD>
<TD class="tr4 td88"><P class="p81 ft3">om</P></TD>
<TD class="tr4 td37"><P class="p81 ft3">det</P></TD>
<TD class="tr4 td181"><P class="p16 ft3">är</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft21">olämpligt att inspektionen ansvarar</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft3">för tillsynen med hänsyn till de</P></TD>
</TR>
<TR>
<TD class="tr5 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft21">berörda värdepappersbolagen och</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td14"><P class="p18 ft3">värdepappersföretagen</P></TD>
<TD class="tr4 td37"><P class="p80 ft3">och</P></TD>
<TD class="tr4 td181"><P class="p16 ft3">be-</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft3">tydelsen av deras verksamhet i de</P></TD>
</TR>
<TR>
<TD class="tr5 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td221"><P class="p18 ft3">relevanta länderna inom EES.</P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p286 ft3">3 §</P>
<P class="p317 ft3">Om det skulle vara olämpligt med hänsyn till de värdepappersbolag eller motsvarande utländska före- tag det gäller i en värdepappers- företagskoncern och betydelsen av deras verksamhet i de olika länderna inom EES att tillsynen utövas av den myndighet som enligt artikel <NOBR>46.3–46.5</NOBR> i värdepappers- bolagsdirektivet ska utöva sådan tillsyn som avses i 1 §, får Finans- inspektionen komma överens med de övriga berörda behöriga myn- digheterna om att inspektionen eller någon annan behörig myndig- het ska ansvara för tillsynen.</P>
<P class="p318 ft3">4 §</P>
<P class="p313 ft3">Innan Finansinspektionen och de övriga berörda behöriga myn- digheterna ingår en överens- kommelse enligt 2 eller 3 § ska det</P>
<P class="p288 ft3">blandade finansiella moder- holdingföretaget inom EES, det</P>
<P class="p319 ft3">värdepappersinriktade moder- holdingföretaget inom EES eller det värdepappersbolag eller mot- svarande utländska företag som har den största balansomslut- ningen, beroende på vad som är tillämpligt, ges tillfälle att yttra sig.</P>
<P class="p320 ft3">Europeiska kommissionen och Europeiska bankmyndigheten ska underrättas om överenskommelsen.</P>
<P class="p321 ft2">48</P>
</DIV>
<DIV id="page_49">
<DIV id="id_1">
<DIV id="id_1_1">
<P class="p14 ft22">5 kap. Tillsyn över interna metoder</P>
</DIV>
<DIV id="id_1_2">
<TABLE cellpadding=0 cellspacing=0 class="t43">
<TR>
<TD class="tr16 td228"><P class="p18 ft22">5 kap. Tillsyn över interna</P></TD>
<TD class="tr16 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td228"><P class="p18 ft61"><SPAN class="ft22">metoder </SPAN>för kreditinstitut</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="id_2">
<TABLE cellpadding=0 cellspacing=0 class="t44">
<TR>
<TD colspan=2 class="tr2 td229"><P class="p322 ft2">1 §</P></TD>
<TD class="tr2 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">Finansinspektionen ska löpande,</P></TD>
<TD colspan=6 class="tr4 td208"><P class="p237 ft2">Finansinspektionen ska</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p16 ft2">löpande,</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">åtminstone vart tredje år, granska</P></TD>
<TD colspan=8 class="tr4 td63"><P class="p37 ft2">åtminstone vart tredje år, granska</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft3"><SPAN class="ft2">hur ett </SPAN>institut <SPAN class="ft2">uppfyller </SPAN>ställda krav</P></TD>
<TD class="tr4 td47"><P class="p37 ft2">hur</P></TD>
<TD class="tr4 td59"><P class="p1 ft2">ett</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td206"><P class="p80 ft3">kreditinstitut</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p16 ft2">uppfyller</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">på sådana metoder som kräver till-</P></TD>
<TD colspan=8 class="tr5 td63"><P class="p37 ft2"><SPAN class="ft3">kraven </SPAN>på sådana metoder som</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">stånd från de behöriga myndig-</P></TD>
<TD colspan=8 class="tr4 td63"><P class="p37 ft2">kräver tillstånd från de behöriga</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">heterna innan de får användas för att</P></TD>
<TD colspan=8 class="tr4 td63"><P class="p37 ft2">myndigheterna innan de får an-</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">beräkna kapitalbaskraven i enlighet</P></TD>
<TD colspan=8 class="tr5 td63"><P class="p37 ft2">vändas för att beräkna kapitalbas-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">med artiklarna <NOBR>92–386</NOBR> i tillsynsför-</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p37 ft2">kraven</P></TD>
<TD class="tr4 td203"><P class="p44 ft2">i</P></TD>
<TD colspan=2 class="tr4 td160"><P class="p32 ft2">enlighet</P></TD>
<TD class="tr4 td114"><P class="p35 ft2">med</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p16 ft2">artiklar-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">ordningen. Vid bedömningen ska <SPAN class="ft3">sär-</SPAN></P></TD>
<TD colspan=3 class="tr4 td183"><P class="p37 ft2">na <NOBR>92–386</NOBR></P></TD>
<TD class="tr4 td128"><P class="p48 ft2">i</P></TD>
<TD colspan=4 class="tr4 td136"><P class="p16 ft31">tillsynsförordningen.</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft3">skilt uppmärksammas <SPAN class="ft2">förändringar i</SPAN></P></TD>
<TD colspan=8 class="tr5 td63"><P class="p37 ft2">Vid bedömningen ska <SPAN class="ft3">inspektionen</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">institutets affärsverksamhet och hur</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p37 ft3">särskilt</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td160"><P class="p18 ft3">beakta</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p32 ft31">förändringar</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">interna metoder tillämpas på nya</P></TD>
<TD colspan=7 class="tr4 td116"><P class="p37 ft2">institutets affärsverksamhet och</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">hur</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">produkter.</P></TD>
<TD colspan=8 class="tr5 td63"><P class="p37 ft2">interna metoder tillämpas på nya</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td183"><P class="p37 ft2">produkter.</P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr13 td229"><P class="p322 ft2">2 §</P></TD>
<TD class="tr13 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p39 ft2">Om det framkommer att ett</P></TD>
<TD colspan=8 class="tr5 td63"><P class="p44 ft2">Om det framkommer att ett</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">instituts </SPAN>interna metoder enligt 1 §</P></TD>
<TD colspan=4 class="tr4 td73"><P class="p18 ft3">kreditinstituts</P></TD>
<TD colspan=2 class="tr4 td230"><P class="p79 ft2">interna</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p44 ft2">metoder</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">innebär </SPAN>väsentliga brister i fråga</P></TD>
<TD class="tr4 td47"><P class="p18 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td123"><P class="p323 ft2">1 §</P></TD>
<TD class="tr4 td128"><P class="p32 ft3">har</P></TD>
<TD colspan=4 class="tr4 td136"><P class="p44 ft2">väsentliga brister</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">om <SPAN class="ft3">förmågan </SPAN>att identifiera risker,</P></TD>
<TD colspan=8 class="tr5 td63"><P class="p44 ft2">i fråga om att identifiera risker, ska</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">ska Finansinspektionen se till att</P></TD>
<TD colspan=5 class="tr4 td100"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td114"><P class="p39 ft2">se</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">till</P></TD>
<TD class="tr4 td127"><P class="p44 ft31">att</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">institutet åtgärdar <SPAN class="ft3">metoderna </SPAN>eller</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p18 ft2">institutet</P></TD>
<TD colspan=3 class="tr4 td67"><P class="p32 ft2">åtgärdar</P></TD>
<TD colspan=3 class="tr4 td173"><P class="p44 ft3">bristerna <SPAN class="ft2">eller</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">vidtar nödvändiga åtgärder för att</P></TD>
<TD colspan=8 class="tr5 td63"><P class="p44 ft2">vidtar nödvändiga åtgärder för att</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">minska följderna av dem.</P></TD>
<TD colspan=6 class="tr4 td208"><P class="p18 ft2">minska följderna av dem.</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr13 td229"><P class="p322 ft2">3 §</P></TD>
<TD class="tr13 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p39 ft2">Om ett <SPAN class="ft3">institut </SPAN>som beviljats</P></TD>
<TD colspan=8 class="tr5 td63"><P class="p44 ft3"><SPAN class="ft2">Om ett </SPAN>kreditinstitut <SPAN class="ft2">som be-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">tillstånd att använda sig av en</P></TD>
<TD colspan=8 class="tr4 td63"><P class="p44 ft31">viljats tillstånd att använda sig av en</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">metod som avses i 1 § inte längre</P></TD>
<TD colspan=8 class="tr4 td63"><P class="p44 ft2">metod som avses i 1 § inte längre</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">uppfyller kraven för användning av</P></TD>
<TD colspan=8 class="tr5 td63"><P class="p44 ft2">uppfyller kraven för användning av</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">metoden, ska Finansinspektionen</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p18 ft2">metoden,</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p1 ft2">ska</P></TD>
<TD colspan=4 class="tr4 td136"><P class="p44 ft31">Finansinspektionen</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">kräva att institutet</P></TD>
<TD colspan=5 class="tr4 td100"><P class="p18 ft2">kräva att institutet</P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p39 ft2">1. visar att följderna av att kraven</P></TD>
<TD colspan=8 class="tr5 td63"><P class="p44 ft2">1. visar att följderna av att kraven</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">inte uppfylls är <SPAN class="ft3">oväsentliga</SPAN>, eller</P></TD>
<TD colspan=7 class="tr4 td116"><P class="p1 ft2">inte uppfylls är <SPAN class="ft3">obetydliga</SPAN>, eller</P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p324 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">presenterar en åtgärdsplan för att i god tid åter uppfylla kraven och ange en tid inom vilken planen ska genomföras.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t45">
<TR>
<TD colspan=2 class="tr2 td231"><P class="p325 ft2">4 §</P></TD>
<TD class="tr2 td35"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">Om det bedöms osannolikt att</P></TD>
<TD class="tr4 td39"><P class="p127 ft2">Om det bedöms osannolikt att</P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p108 ft2">den åtgärdsplan som presenteras</P></TD>
<TD class="tr5 td39"><P class="p127 ft2">den åtgärdsplan som presenteras</P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft2">leder till att kraven kommer att</P></TD>
<TD class="tr4 td39"><P class="p127 ft2">leder till att kraven kommer att</P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">uppfyllas eller om tidsfristen för att</P></TD>
<TD class="tr4 td39"><P class="p127 ft2">uppfyllas eller om tidsfristen för att</P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p108 ft2">genomföra den inte är tillfreds-</P></TD>
<TD class="tr5 td39"><P class="p127 ft2">genomföra den inte är tillfreds-</P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft2">ställande, ska Finansinspektionen</P></TD>
<TD class="tr4 td39"><P class="p127 ft2">ställande, ska Finansinspektionen</P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">kräva förbättringar av planen. Om</P></TD>
<TD class="tr4 td39"><P class="p127 ft2">kräva förbättringar av planen. Om</P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2">det är osannolikt att <SPAN class="ft3">institutet </SPAN>inom</P></TD>
<TD class="tr5 td39"><P class="p127 ft31">det är osannolikt att <SPAN class="ft21">kreditinstitutet</SPAN></P></TD>
<TD rowspan=2 class="tr19 td35"><P class="p16 ft2">49</P></TD>
</TR>
<TR>
<TD class="tr12 td50"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td39"><P class="p18 ft14"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_50">
<DIV>
<DIV id="id_1">
<P class="p118 ft2">Prop. 2020/21:173</P>
<P class="p119 ft2">50</P>
</DIV>
<DIV id="id_2">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=7 class="tr2 td109"><P class="p18 ft2">en lämplig tidsfrist åter kommer att</P></TD>
<TD colspan=6 class="tr2 td110"><P class="p18 ft2">inom en lämplig tidsfrist åter</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">uppfylla tillämpliga krav eller om</P></TD>
<TD class="tr4 td160"><P class="p18 ft2">kommer</P></TD>
<TD colspan=3 class="tr4 td22"><P class="p292 ft2">att uppfylla</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p16 ft2">tillämpliga</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">institutet inte på ett tillfreds-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">krav eller om institutet inte på ett</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">ställande sätt <SPAN class="ft3">lyckas visa </SPAN>att</P></TD>
<TD colspan=3 class="tr4 td232"><P class="p18 ft2">tillfredsställande</P></TD>
<TD class="tr4 td128"><P class="p292 ft31">sätt</P></TD>
<TD class="tr4 td114"><P class="p80 ft3">visar</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">att</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">följderna av konstaterade brister är</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">följderna av konstaterade brister är</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">oväsentliga</SPAN>, ska tillståndet att</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2"><SPAN class="ft3">obetydliga</SPAN>, ska tillståndet att</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">använda sig av metoden antingen</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">använda sig av metoden antingen</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">begränsas till områden där kraven</P></TD>
<TD colspan=2 class="tr5 td183"><P class="p18 ft3">återkallas</P></TD>
<TD class="tr5 td233"><P class="p73 ft3">eller</P></TD>
<TD colspan=2 class="tr5 td101"><P class="p32 ft2">begränsas</P></TD>
<TD class="tr5 td127"><P class="p16 ft2">till</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">kan uppfyllas inom en lämplig tids-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">områden där kraven kan uppfyllas</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td234"><P class="p18 ft3"><SPAN class="ft2">frist </SPAN>eller återkallas<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td70"><P class="p18 ft2">inom en lämplig tidsfrist.</P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr15 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td181"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr15 td146"><P class="p267 ft2">5 §</P></TD>
<TD class="tr15 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">Om det för en intern marknads-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">Om det för en intern marknads-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td183"><P class="p18 ft2">riskmodell</P></TD>
<TD colspan=2 class="tr4 td32"><P class="p37 ft2">förekommer</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p108 ft2">upprepade</P></TD>
<TD colspan=2 class="tr4 td183"><P class="p18 ft2">riskmodell</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p207 ft2">förekommer</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p16 ft2">upprepade</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">överskridanden som avses i arti-</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">överskridanden som avses i arti-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td183"><P class="p18 ft2">kel 366 i</P></TD>
<TD colspan=4 class="tr4 td120"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr4 td135"><P class="p108 ft31">och</P></TD>
<TD class="tr4 td160"><P class="p18 ft2">kel 366</P></TD>
<TD class="tr4 td210"><P class="p18 ft2">i</P></TD>
<TD colspan=3 class="tr4 td159"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">det tyder på att modellen inte är</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">det tyder på att modellen inte är</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">tillräckligt exakt, ska Finansinspek-</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">tillräckligt exakt, ska Finansinspek-</P></TD>
</TR>
<TR>
<TD class="tr4 td12"><P class="p18 ft2">tionen</P></TD>
<TD colspan=2 class="tr4 td97"><P class="p39 ft2">återkalla</P></TD>
<TD colspan=3 class="tr4 td235"><P class="p35 ft2">tillståndet</P></TD>
<TD class="tr4 td135"><P class="p108 ft2">för</P></TD>
<TD class="tr4 td160"><P class="p18 ft2">tionen</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p18 ft2">återkalla</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p32 ft2">tillståndet</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">för</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">institutet </SPAN>att använda den modellen</P></TD>
<TD colspan=3 class="tr4 td232"><P class="p18 ft3">kreditinstitutet <SPAN class="ft2">att</SPAN></P></TD>
<TD colspan=2 class="tr4 td101"><P class="p48 ft2">använda</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">den</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">eller vidta lämpliga åtgärder för att</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">modellen eller vidta lämpliga åt-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td183"><P class="p18 ft2">säkerställa</P></TD>
<TD class="tr4 td37"><P class="p35 ft2">att</P></TD>
<TD colspan=2 class="tr4 td230"><P class="p18 ft2">institutet</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p108 ft31">snarast</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">gärder för att säkerställa att insti-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td234"><P class="p18 ft2">förbättrar modellen.</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">tutet snarast förbättrar modellen.</P></TD>
</TR>
<TR>
<TD class="tr15 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td181"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr15 td146"><P class="p267 ft2">6 §</P></TD>
<TD class="tr15 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td234"><P class="p307 ft31">Finansinspektionen</P></TD>
<TD class="tr4 td31"><P class="p18 ft2">får</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p108 ft2">vidta</P></TD>
<TD colspan=4 class="tr4 td161"><P class="p48 ft2">Finansinspektionen</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p16 ft2">får vidta</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">korrigerande åtgärder för ett <SPAN class="ft3">insti-</SPAN></P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">korrigerande åtgärder för ett <SPAN class="ft3">kredit-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2"><SPAN class="ft3">tuts </SPAN>interna metoder, om det klart</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2"><SPAN class="ft3">instituts </SPAN>interna metoder, om det</P></TD>
</TR>
<TR>
<TD class="tr4 td12"><P class="p18 ft2">kan</P></TD>
<TD colspan=2 class="tr4 td97"><P class="p301 ft31">fastställas</P></TD>
<TD class="tr4 td140"><P class="p81 ft2">att</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p108 ft2">institutets</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">klart kan fastställas att institutets</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">metoder leder till en underskattning</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">metoder leder till en underskattning</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">av kapitalbaskraven som inte kan</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">av kapitalbaskraven som inte kan</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">tillskrivas skillnader i exponeringar-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">tillskrivas skillnader i exponering-</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">nas eller positionernas underliggan-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft31">arnas eller positionernas underliggan-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td183"><P class="p18 ft2">de risker.</P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td183"><P class="p18 ft2">de risker.</P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p124 ft2">De korrigerande åtgärderna ska syfta till att målen i en intern metod upprätthålls.</P>
<P class="p326 ft61">5 a kap. Tillsyn över interna modeller för värdepappersbolag</P>
<P class="p327 ft3">1 §</P>
<P class="p328 ft21">Finansinspektionen ska löpande, åtminstone vart tredje år, granska hur ett värdepappersbolag upp- fyller kraven för att få tillstånd att använda de interna modeller som avses i artikel 22 i värdepappers- bolagsförordningen. Vid bedöm- ningen ska inspektionen särskilt beakta förändringar i värdepappers-</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_51">
<P class="p329 ft3">bolagets affärsverksamhet och hur <SPAN class="ft2">Prop. 2020/21:173 </SPAN>interna modeller används på nya</P>
<P class="p14 ft3">produkter.</P>
<P class="p330 ft3">2 §</P>
<P class="p331 ft3">Om det framkommer att ett värde- pappersbolags interna modeller som avses i 1 § har väsentliga brister i fråga om att identifiera risker, ska Finansinspektionen se till att bolaget åtgärdar bristerna eller vidtar nödvändiga åtgärder för att minska följderna av dem.</P>
<P class="p332 ft3">3 §</P>
<P class="p333 ft21">Om ett värdepappersbolag som beviljats tillstånd att använda in- terna modeller som avses i 1 § inte längre uppfyller kraven för använd- ning av modellerna, ska Finans- inspektionen kräva att bolaget</P>
<P class="p334 ft3"><SPAN class="ft3">1.</SPAN><SPAN class="ft53">visar att följderna av att kra- ven inte uppfylls är obetydliga, eller</SPAN></P>
<P class="p335 ft21"><SPAN class="ft3">2.</SPAN><SPAN class="ft62">presenterar en åtgärdsplan för att uppfylla kraven och anger en tid inom vilken planen ska genomföras.</SPAN></P>
<P class="p336 ft3">4 §</P>
<P class="p335 ft21">Om det bedöms osannolikt att den åtgärdsplan som presenteras leder till att kraven kommer att uppfyllas eller om tidsfristen för att genomföra den inte är tillfreds- ställande, ska Finansinspektionen kräva förbättringar av planen. Om det är osannolikt att värdepappers- bolaget inom en lämplig tidsfrist kommer att uppfylla tillämpliga krav eller om bolaget inte på ett tillfredsställande sätt visar att följ- derna av konstaterade brister är obetydliga, ska tillståndet att an- vända sig av de interna modellerna antingen återkallas eller begränsas till områden där kraven kan uppfyllas inom en lämplig tidsfrist.</P>
<P class="p337 ft2">51</P>
</DIV>
<DIV id="page_52">
<P class="p118 ft2">Prop. 2020/21:173</P>
<P class="p338 ft3">5 §</P>
<P class="p275 ft21">Om det för en intern marknads- riskmodell förekommer upprepade överskridanden som avses i artikel 366 i tillsynsförordningen och det tyder på att modellen inte är tillräckligt exakt, ska Finansinspek- tionen återkalla tillståndet för värde- pappersbolaget att använda model- len eller vidta lämpliga åtgärder för att säkerställa att bolaget snarast inom en bestämd tidsram förbättrar modellen.</P>
<P class="p339 ft22">6 kap.</P>
<P class="p340 ft2">1 §</P>
<P class="p341 ft2">Följande företag ska till Finansinspektionen lämna de upplysningar om sin verksamhet och därmed sammanhängande omständigheter som inspek-</P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD colspan=3 class="tr5 td92"><P class="p18 ft2">tionen begär för tillsynen:</P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2">1. företag som står under tillsyn</P></TD>
<TD colspan=3 class="tr4 td120"><P class="p48 ft2">1. företag som</P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td92"><P class="p18 ft2">utifrån sin konsoliderade</P></TD>
<TD colspan=2 class="tr4 td183"><P class="p108 ft31">situation</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p48 ft2"><SPAN class="ft3">a) </SPAN>står under tillsyn utifrån sin</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2">enligt denna lag eller enligt en</P></TD>
<TD colspan=2 class="tr4 td22"><P class="p18 ft2">konsoliderade</P></TD>
<TD colspan=2 class="tr4 td132"><P class="p35 ft31">situation</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td47"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft2">utländsk</P></TD>
<TD colspan=3 class="tr5 td66"><P class="p77 ft2">offentlig reglering</P></TD>
<TD class="tr5 td12"><P class="p108 ft2">som</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">denna lag eller enligt en utländsk</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft2">bygger</P></TD>
<TD class="tr4 td127"><P class="p18 ft2">på</P></TD>
<TD colspan=3 class="tr4 td96"><P class="p108 ft2">kapitaltäckningsdirek-</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">offentlig reglering som bygger på</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft2">tivet,</P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td236"><P class="p18 ft2">kapitaltäckningsdirektivet,</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p48 ft3">b) står</P></TD>
<TD colspan=2 class="tr5 td160"><P class="p18 ft3">under</P></TD>
<TD colspan=2 class="tr5 td155"><P class="p18 ft3">tillsyn</P></TD>
<TD colspan=2 class="tr5 td47"><P class="p16 ft3">enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft3">artikel 7 i värdepappersbolagsför-</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td120"><P class="p18 ft3">ordningen, eller</P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td110"><P class="p48 ft3">c) ingår i en värdepappersföre-</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft3">tagskoncern som omfattas av ett</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td22"><P class="p18 ft3">beslut enligt</P></TD>
<TD colspan=2 class="tr4 td132"><P class="p18 ft3">artikel 8</P></TD>
<TD class="tr4 td59"><P class="p18 ft3">i</P></TD>
<TD colspan=2 class="tr4 td47"><P class="p16 ft3">värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td236"><P class="p18 ft21">pappersbolagsförordningen,</P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td101"><P class="p39 ft2">2. andra</P></TD>
<TD class="tr4 td148"><P class="p18 ft2">dotterföretag</P></TD>
<TD class="tr4 td69"><P class="p32 ft2">till</P></TD>
<TD class="tr4 td12"><P class="p108 ft2">ett</P></TD>
<TD class="tr4 td35"><P class="p48 ft2">2. andra</P></TD>
<TD colspan=3 class="tr4 td129"><P class="p80 ft2">dotterföretag</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p81 ft2">till</P></TD>
<TD class="tr4 td6"><P class="p16 ft2">ett</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">institut eller </SPAN>ett finansiellt hold-</P></TD>
<TD colspan=2 class="tr4 td22"><P class="p18 ft3">kreditinstitut,</P></TD>
<TD class="tr4 td56"><P class="p1 ft3">ett</P></TD>
<TD colspan=4 class="tr4 td158"><P class="p16 ft3">värdepappers-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td109"><P class="p18 ft2">ingföretag <SPAN class="ft3">eller </SPAN>ett blandat finan-</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2"><SPAN class="ft3">bolag, </SPAN>ett finansiellt holding-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2">siellt holdingföretag än de som</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">företag<SPAN class="ft3">, </SPAN>ett blandat finansiellt</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td101"><P class="p18 ft2">avses i 1,</P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft3"><SPAN class="ft2">holdingföretag </SPAN>eller ett värdepap-</P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft21">persinriktat</P></TD>
<TD colspan=4 class="tr5 td117"><P class="p77 ft3">holdingföretag</P></TD>
<TD class="tr5 td11"><P class="p79 ft2">än</P></TD>
<TD class="tr5 td6"><P class="p16 ft2">de</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td22"><P class="p18 ft2">som avses i 1,</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p180 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">holdingföretag med blandad verksamhet och dotterföretag till holdingföretag med blandad verksamhet,</SPAN></P>
<P class="p100 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">blandade finansiella holdingföretag, och</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD class="tr5 td109"><P class="p108 ft2">5. företag som fått i uppdrag av</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">5. företag som fått i uppdrag av</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">ett <SPAN class="ft3">institut eller </SPAN>ett finansiellt</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft21"><SPAN class="ft31">ett </SPAN>kreditinstitut, ett värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">holdingföretag, holdingföretag med</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2"><SPAN class="ft3">bolag, </SPAN>ett finansiellt holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">blandad verksamhet <SPAN class="ft3">eller </SPAN>blandat</P></TD>
<TD class="tr4 td55"><P class="p18 ft2">företag,</P></TD>
<TD class="tr4 td147"><P class="p18 ft2">holdingföretag</P></TD>
<TD class="tr4 td31"><P class="p16 ft2">med</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p108 ft2">finansiellt holdingföretag att utföra</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">blandad verksamhet, blandat finan-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">ett visst arbete eller vissa</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">siellt holdingföretag <SPAN class="ft3">eller värde-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr14 td109"><P class="p342 ft66">funktioner.</P></TD>
<TD colspan=2 class="tr14 td180"><P class="p18 ft67">pappersinriktat holdingföretag</P></TD>
<TD class="tr14 td31"><P class="p16 ft66">att</P></TD>
</TR>
</TABLE>
<P class="p14 ft2">52</P>
</DIV>
<DIV id="page_53">
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr2 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr2 td194"><P class="p18 ft2">utföra ett visst</P></TD>
<TD colspan=3 class="tr2 td170"><P class="p16 ft2">arbete eller vissa Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td158"><P class="p18 ft2">funktioner.</P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td118"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=14 class="tr4 td237"><P class="p39 ft2">Om företaget inte lämnar upplysningarna till Finansinspektionen, får</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td238"><P class="p18 ft2">inspektionen förelägga företaget att göra det.</P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td118"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td47"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr18 td235"><P class="p343 ft2">2 §</P></TD>
<TD class="tr18 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td118"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td194"><P class="p39 ft2">Moderföretag</P></TD>
<TD colspan=2 class="tr4 td190"><P class="p79 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p30 ft2">offentliggöra</P></TD>
<TD colspan=7 class="tr4 td157"><P class="p204 ft2">Moderföretag ska <SPAN class="ft3">i fråga om den</SPAN></P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p18 ft2">information som rör <SPAN class="ft3">företags-</SPAN></P></TD>
<TD colspan=3 class="tr5 td158"><P class="p1 ft21">konsoliderade</P></TD>
<TD colspan=3 class="tr5 td235"><P class="p246 ft3">situationen</P></TD>
<TD class="tr5 td118"><P class="p204 ft2">offent-</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft3">gruppens rättsliga <SPAN class="ft2">struktur, styr-</SPAN></P></TD>
<TD colspan=7 class="tr4 td157"><P class="p1 ft2">liggöra information som rör <SPAN class="ft3">rättslig</SPAN></P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">ning och organisationsstruktur.</P></TD>
<TD colspan=7 class="tr4 td157"><P class="p1 ft2">struktur, styrning och organisa-</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td158"><P class="p1 ft2">tionsstruktur.</P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td118"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td157"><P class="p204 ft3">Moderföretag som avses i artik-</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td62"><P class="p1 ft3">larna 7</P></TD>
<TD class="tr4 td37"><P class="p73 ft3">och</P></TD>
<TD class="tr4 td210"><P class="p323 ft3">8</P></TD>
<TD class="tr4 td127"><P class="p292 ft3">i</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p204 ft21">värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td120"><P class="p1 ft3">bolagsförordningen</P></TD>
<TD colspan=2 class="tr5 td110"><P class="p204 ft3">ska offentlig-</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td157"><P class="p1 ft3">göra sådan information om en</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td157"><P class="p1 ft3">värdepappersföretagskoncern<SPAN class="ft2">.</SPAN></P></TD>
</TR>
<TR>
<TD class="tr15 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td47"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr15 td235"><P class="p343 ft2">4 §</P></TD>
<TD class="tr15 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td118"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p107 ft2">Finansinspektionen får hänskjuta</P></TD>
<TD colspan=7 class="tr4 td157"><P class="p204 ft2">Finansinspektionen får hänskjuta</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">frågor som rör ett förfarande av en</P></TD>
<TD colspan=7 class="tr4 td157"><P class="p18 ft2">frågor som rör ett förfarande av en</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft2">annan</P></TD>
<TD colspan=2 class="tr5 td160"><P class="p18 ft2">behörig</P></TD>
<TD colspan=3 class="tr5 td35"><P class="p37 ft2">myndighet</P></TD>
<TD class="tr5 td149"><P class="p107 ft2">inom</P></TD>
<TD colspan=2 class="tr5 td62"><P class="p18 ft2">annan</P></TD>
<TD colspan=2 class="tr5 td122"><P class="p186 ft2">behörig</P></TD>
<TD colspan=2 class="tr5 td7"><P class="p37 ft2">myndighet</P></TD>
<TD class="tr5 td118"><P class="p204 ft2">inom</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">EES till Europeiska bankmyndig-</P></TD>
<TD colspan=7 class="tr4 td157"><P class="p18 ft2">EES till Europeiska bankmyndig-</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">heten för tvistlösning i de fall som</P></TD>
<TD colspan=7 class="tr4 td157"><P class="p18 ft2">heten för tvistlösning i de fall som</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft2">framgår</P></TD>
<TD class="tr5 td126"><P class="p73 ft2">av</P></TD>
<TD colspan=5 class="tr5 td234"><P class="p107 ft2">artiklarna 112.2, 116</P></TD>
<TD colspan=2 class="tr5 td62"><P class="p18 ft2">framgår</P></TD>
<TD colspan=5 class="tr5 td207"><P class="p204 ft2">av artiklarna 112.2, 116</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">och 133 i kapitaltäcknings-</P></TD>
<TD colspan=7 class="tr4 td157"><P class="p18 ft2">och 133 i kapitaltäckningsdirektivet</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td176"><P class="p18 ft2">direktivet.</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft3">och</P></TD>
<TD colspan=3 class="tr4 td101"><P class="p186 ft3">artikel 48</P></TD>
<TD class="tr4 td127"><P class="p80 ft3">i</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p204 ft21">värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td194"><P class="p18 ft21">bolagsdirektivet<SPAN class="ft31">.</SPAN></P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td118"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td47"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td235"><P class="p343 ft2">5 §</P></TD>
<TD class="tr13 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td118"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p108 ft2">Finansinspektionen får även hän-</P></TD>
<TD colspan=7 class="tr4 td157"><P class="p204 ft2">Finansinspektionen får även hän-</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p18 ft2">skjuta sådana frågor som avses i 4 §</P></TD>
<TD colspan=7 class="tr5 td157"><P class="p18 ft2">skjuta sådana frågor som avses i 4 §</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td194"><P class="p18 ft2">till Europeiska</P></TD>
<TD colspan=4 class="tr4 td78"><P class="p107 ft2">bankmyndigheten</P></TD>
<TD class="tr4 td69"><P class="p18 ft2">till</P></TD>
<TD colspan=3 class="tr4 td101"><P class="p44 ft2">Europeiska</P></TD>
<TD colspan=3 class="tr4 td170"><P class="p204 ft2">bankmyndigheten</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">för tvistlösning i enlighet med artik-</P></TD>
<TD colspan=7 class="tr4 td157"><P class="p18 ft2">för tvistlösning i enlighet med artik-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td194"><P class="p18 ft2">larna 41.2, 43.5,</P></TD>
<TD colspan=2 class="tr5 td190"><P class="p29 ft2">50.4</P></TD>
<TD class="tr5 td47"><P class="p73 ft2">och</P></TD>
<TD class="tr5 td149"><P class="p107 ft2">51.2 i</P></TD>
<TD colspan=4 class="tr5 td194"><P class="p18 ft2">larna 41.2, 43.5,</P></TD>
<TD colspan=2 class="tr5 td7"><P class="p80 ft2">50.4 och</P></TD>
<TD class="tr5 td118"><P class="p204 ft2">51.2 i</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td239"><P class="p18 ft2">kapitaltäckningsdirektivet.</P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td240"><P class="p18 ft2">kapitaltäckningsdirektivet</P></TD>
<TD class="tr4 td118"><P class="p204 ft3">och</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td158"><P class="p18 ft3">artikel 13.5 i</P></TD>
<TD colspan=4 class="tr4 td205"><P class="p204 ft21">värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td158"><P class="p18 ft3">direktivet<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td118"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr22 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td47"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr22 td235"><P class="p343 ft2">7 §</P></TD>
<TD class="tr22 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td118"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p30 ft2">Företag som enligt tillsyns-</P></TD>
<TD colspan=7 class="tr5 td157"><P class="p204 ft2">Företag som enligt tillsyns-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td176"><P class="p18 ft2">förordningen</P></TD>
<TD colspan=2 class="tr4 td37"><P class="p81 ft2">står</P></TD>
<TD colspan=2 class="tr4 td155"><P class="p37 ft2">under</P></TD>
<TD class="tr4 td149"><P class="p30 ft2">tillsyn</P></TD>
<TD colspan=3 class="tr4 td158"><P class="p1 ft2">förordningen</P></TD>
<TD colspan=2 class="tr4 td135"><P class="p246 ft2">står</P></TD>
<TD class="tr4 td62"><P class="p246 ft2">under</P></TD>
<TD class="tr4 td118"><P class="p204 ft2">tillsyn</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">utifrån sin konsoliderade situation</P></TD>
<TD colspan=7 class="tr4 td157"><P class="p1 ft2">utifrån sin konsoliderade situation</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p18 ft2">och dotterföretag till ett <SPAN class="ft3">institut</SPAN></P></TD>
<TD colspan=7 class="tr5 td157"><P class="p1 ft2">och dotterföretag till ett <SPAN class="ft3">kredit-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td159"><P class="p18 ft2"><SPAN class="ft3">eller </SPAN>ett finansiellt</P></TD>
<TD colspan=3 class="tr4 td145"><P class="p30 ft31">holdingföretag</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p1 ft3">institut</P></TD>
<TD class="tr4 td37"><P class="p39 ft3">eller</P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p1 ft3">ett</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p204 ft3">motsvarande</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft2">eller</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">ett</P></TD>
<TD colspan=3 class="tr4 td156"><P class="p323 ft2">blandat</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p30 ft2">finansiellt</P></TD>
<TD colspan=7 class="tr4 td157"><P class="p1 ft3">utländskt företag inom EES, <SPAN class="ft2">ett</SPAN></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td159"><P class="p18 ft2">holdingföretag som</P></TD>
<TD colspan=3 class="tr5 td145"><P class="p30 ft2">inte omfattas</P></TD>
<TD colspan=7 class="tr5 td157"><P class="p1 ft2">finansiellt holdingföretag eller ett</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">av bestämmelserna om grupp-</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p1 ft2">blandat</P></TD>
<TD colspan=3 class="tr4 td72"><P class="p246 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p204 ft31">holdingföretag</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">baserad tillsyn, ska lämna de</P></TD>
<TD colspan=7 class="tr4 td157"><P class="p1 ft2">som inte omfattas av bestämmel-</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p18 ft2">uppgifter som krävs för tillsyns-</P></TD>
<TD colspan=7 class="tr5 td157"><P class="p1 ft2">serna om gruppbaserad tillsyn, ska</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr9 td50"><P class="p18 ft12">redovisningen till det företag som</P></TD>
<TD colspan=7 class="tr9 td157"><P class="p1 ft12">lämna de uppgifter som krävs för</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td118"><P class="p16 ft2">53</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_54">
<DIV id="tx1"><SPAN class="ft2">1. företag som enligt 7 § ska lämna uppgifter samt hos finan- siella holdingföretag, holding- företag med blandad verksamhet</SPAN><SPAN class="ft3">, </SPAN><SPAN class="ft2">blandade finansiella holdingföretag </SPAN><SPAN class="ft3">och värdepappersinriktade holding- företag </SPAN><SPAN class="ft2">för att kontrollera den gruppbaserade redovisningen eller samlade informationen som före- tagen är skyldiga att lämna,</SPAN></DIV>
<DIV id="tx2"><SPAN class="ft2">2. företag som har fått i uppdrag av ett </SPAN><SPAN class="ft3">kreditinstitut, ett värde- pappersbolag </SPAN><SPAN class="ft2">eller ett holding- företag som avses i 1 att utföra ett visst arbete eller vissa funktioner, och</SPAN></DIV>
<DIV id="tx3"><SPAN class="ft2">3. företag som Finansinspek- tionen enligt 4 kap. 1 § </SPAN><SPAN class="ft3">och 4 a kap. 1 § </SPAN><SPAN class="ft2">ska utöva tillsyn över.</SPAN></DIV>
<DIV id="tx4"><SPAN class="ft22">Informationsskyldighet för </SPAN><SPAN class="ft61">ett kreditinstitut </SPAN><SPAN class="ft22">som är undantaget från gruppbaserad tillsyn</SPAN></DIV>
<DIV id="id_1">
<TABLE cellpadding=0 cellspacing=0 class="t46">
<TR>
<TD class="tr2 td84"><P class="p30 ft2">Prop. 2020/21:173 enligt tillsynsförordningen ska</P></TD>
<TD class="tr2 td85"><P class="p18 ft2">tillsynsredovisningen till det före-</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p30 ft2">upprätta gruppbaserad redovisning</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">tag som enligt tillsynsförordningen</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p344 ft2">eller samlad information.</P></TD>
<TD class="tr4 td85"><P class="p18 ft31">ska upprätta gruppbaserad redovis-</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft2">ning eller samlad information.</P></TD>
</TR>
</TABLE>
<P class="p345 ft2">Första stycket gäller även ett svenskt företag i förhållande till ett utländskt företag inom EES som ska upprätta och ge in en rapport enligt tillsynsförordningen.</P>
<P class="p346 ft2">8 §<SPAN class="ft20">20</SPAN></P>
<P class="p345 ft2">Finansinspektionen får, när inspektionen anser att det behövs för till- synen, göra undersökningar hos</P>
<P class="p347 ft2">1. företag som enligt 7 § ska lämna uppgifter samt hos finan- siella holdingföretag, holding- företag med blandad verksamhet <SPAN class="ft3">och </SPAN>blandade finansiella holding- företag för att kontrollera den gruppbaserade redovisningen eller samlade informationen som före- tagen är skyldiga att lämna,</P>
<P class="p348 ft2">2. företag som har fått i uppdrag av ett <SPAN class="ft3">institut </SPAN>eller ett holding- företag som avses i 1 att utföra ett visst arbete eller vissa funktioner, och</P>
<P class="p349 ft2">3. företag som Finansinspek- tionen enligt 4 kap. 1 § ska utöva tillsyn över.</P>
<P class="p350 ft22">Informationsskyldighet för <SPAN class="ft61">institut </SPAN>som är undantaget från gruppbaserad tillsyn</P>
<P class="p351 ft2">9 §</P>
</DIV>
<DIV id="id_2">
<DIV id="id_2_1">
<P class="p69 ft31">Om ett dotterföretag som är ett <SPAN class="ft21">institut </SPAN>är undantaget från tillämp- ningsområdet för konsoliderad till- syn med stöd av artikel 19 i tillsyns- förordningen, ska moderföretaget till Finansinspektionen lämna de upplysningar som inspektionen anser att den behöver för sin tillsyn över institutet.</P>
</DIV>
<DIV id="id_2_2">
<P class="p69 ft2">Om ett dotterföretag som är ett <SPAN class="ft3">kreditinstitut </SPAN>är undantaget från tillämpningsområdet för konsoli- derad tillsyn med stöd av artikel 19</P>
<P class="p71 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft68">tillsynsförordningen, ska moder- företaget till Finansinspektionen lämna de upplysningar som inspektionen anser att den behöver för sin tillsyn över institutet.</SPAN></P>
</DIV>
</DIV>
<DIV id="id_3">
<TABLE cellpadding=0 cellspacing=0 class="t47">
<TR>
<TD class="tr2 td80"><P class="p278 ft2">54</P></TD>
<TD class="tr2 td209"><P class="p279 ft27"><SPAN class="ft48">20 </SPAN>Senaste lydelse 2020:1213.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_55">
<DIV id="tx1"><SPAN class="ft2">Ett finansiellt holdingföretag</SPAN><SPAN class="ft3">, </SPAN><SPAN class="ft2">ett blandat finansiellt holdingföretag</SPAN></DIV>
<DIV id="tx2"><SPAN class="ft3">och ett värdepappersinriktat holdingföretag </SPAN><SPAN class="ft2">är skyldiga att lämna ut uppgifter om enskildas förhållanden till företaget, om det under en utredning enligt bestäm- melserna om förundersökning i brottmål begärs av undersöknings- ledaren eller om det begärs av åklagare i ett ärende om rättslig hjälp i brottmål, på framställning av en annan stat eller en mellanfolklig domstol, eller i ett ärende om erkännande och verkställighet av en europeisk utredningsorder. Uppgif- terna ska lämnas ut utan dröjsmål och i elektronisk form.</SPAN></DIV>
<DIV id="tx3"><SPAN class="ft22">7 kap. Moderföretag utanför EES </SPAN><SPAN class="ft61">i fråga om gruppbaserad tillsyn och intermediära holdingföretag</SPAN></DIV>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr2 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td239"><P class="p352 ft2">10 §</P></TD>
<TD class="tr2 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td167"><P class="p16 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p107 ft2">En styrelseledamot eller befatt-</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p204 ft2">En styrelseledamot eller befatt-</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft2">ningshavare hos ett</P></TD>
<TD class="tr4 td65"><P class="p107 ft2">finansiellt</P></TD>
<TD class="tr4 td148"><P class="p18 ft2">ningshavare</P></TD>
<TD class="tr4 td88"><P class="p1 ft2">hos</P></TD>
<TD class="tr4 td6"><P class="p18 ft2">ett</P></TD>
<TD class="tr4 td167"><P class="p204 ft2">finansiellt</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft2">holdingföretag <SPAN class="ft3">eller</SPAN></P></TD>
<TD class="tr4 td65"><P class="p108 ft2">ett blandat</P></TD>
<TD colspan=2 class="tr4 td150"><P class="p18 ft2">holdingföretag<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr4 td6"><P class="p18 ft2">ett</P></TD>
<TD class="tr4 td167"><P class="p204 ft2">blandat</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p107 ft2">finansiellt holdingföretag som i den</P></TD>
<TD colspan=4 class="tr5 td157"><P class="p204 ft2">finansiellt holdingföretag <SPAN class="ft3">eller ett</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p108 ft2">egenskapen får kunskap om affärs-</P></TD>
<TD colspan=3 class="tr4 td99"><P class="p18 ft3">värdepappersinriktat</P></TD>
<TD class="tr4 td167"><P class="p204 ft21">holdingföre-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p107 ft2">förhållanden i ett företag som enligt</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p204 ft2"><SPAN class="ft3">tag </SPAN>som i den egenskapen får</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p107 ft2">7 § ska lämna uppgifter, får inte</P></TD>
<TD colspan=4 class="tr5 td157"><P class="p204 ft2">kunskap om affärsförhållanden i ett</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p107 ft2">obehörigen röja vad han eller hon</P></TD>
<TD class="tr4 td148"><P class="p18 ft2">företag som</P></TD>
<TD colspan=2 class="tr4 td98"><P class="p24 ft2">enligt</P></TD>
<TD class="tr4 td167"><P class="p204 ft3"><SPAN class="ft2">7 § </SPAN>eller</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p107 ft2">fått veta och inte heller utnyttja</P></TD>
<TD class="tr4 td148"><P class="p18 ft3">artikel 7.1 i</P></TD>
<TD colspan=3 class="tr4 td119"><P class="p204 ft21">värdepappersbolags-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p107 ft2">kunskapen i strid med det uppgifts-</P></TD>
<TD colspan=4 class="tr5 td157"><P class="p204 ft2"><SPAN class="ft3">förordningen </SPAN>ska lämna uppgifter,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">lämnande företagets intresse.</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p204 ft2">får inte obehörigen röja vad han</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td157"><P class="p204 ft2">eller hon fått veta och inte heller</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td157"><P class="p204 ft2">utnyttja kunskapen i strid med det</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td150"><P class="p18 ft2">uppgiftslämnande</P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td167"><P class="p204 ft2">företagets</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft2">intresse.</P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td167"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p353 ft20"><SPAN class="ft2">11</SPAN><SPAN class="ft17">§</SPAN>21</P>
<P class="p354 ft2">Ett finansiellt holdingföretag <SPAN class="ft3">och </SPAN>ett blandat finansiellt holding- företag är skyldiga att lämna ut uppgifter om enskildas för- hållanden till företaget, om det under en utredning enligt bestäm- melserna om förundersökning i brottmål begärs av undersöknings- ledaren eller om det begärs av åklagare i ett ärende om rättslig hjälp i brottmål, på framställning av en annan stat eller en mellanfolklig domstol, eller i ett ärende om erkännande och verkställighet av en europeisk utredningsorder. Uppgift- erna ska lämnas ut utan dröjsmål och i elektronisk form.</P>
<P class="p355 ft22">7 kap. Moderföretag utanför</P>
<P class="p14 ft22">EES</P>
<P class="p356 ft20"><SPAN class="ft2">1</SPAN><SPAN class="ft17">§</SPAN>22</P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td63"><P class="p37 ft2">Om ett <SPAN class="ft3">institut </SPAN>inte står under</P></TD>
<TD colspan=3 class="tr5 td157"><P class="p204 ft3"><SPAN class="ft2">Om ett </SPAN>kreditinstitut eller ett</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">gruppbaserad tillsyn enligt arti-</P></TD>
<TD class="tr4 td175"><P class="p18 ft3">motsvarande</P></TD>
<TD class="tr4 td80"><P class="p18 ft3">utländskt</P></TD>
<TD class="tr4 td115"><P class="p204 ft21">företag</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">kel 111 i kapitaltäckningsdirektivet</P></TD>
<TD class="tr4 td175"><P class="p18 ft3">inom EES <SPAN class="ft2">inte</SPAN></P></TD>
<TD class="tr4 td80"><P class="p32 ft2">står under</P></TD>
<TD class="tr4 td115"><P class="p204 ft2">grupp-</P></TD>
</TR>
<TR>
<TD class="tr17 td241"><P class="p18 ft39">21</P></TD>
<TD class="tr17 td63"><P class="p1 ft29">Senaste lydelse 2018:1800.</P></TD>
<TD class="tr17 td175"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td80"><P class="p18 ft5"> </P></TD>
<TD rowspan=2 class="tr29 td115"><P class="p16 ft2">55</P></TD>
</TR>
<TR>
<TD class="tr14 td241"><P class="p18 ft39">22</P></TD>
<TD class="tr14 td63"><P class="p1 ft29">Senaste lydelse 2020:1213.</P></TD>
<TD class="tr14 td175"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td80"><P class="p18 ft69"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_56">
<DIV id="id_1">
<DIV id="id_1_1">
<P class="p189 ft2">Prop. 2020/21:173 och dess moderföretag är ett utländskt <SPAN class="ft3">institut eller </SPAN>ett <SPAN class="ft3">sådant </SPAN>finansiellt holdingföretag eller blandat finansiellt holdingföretag som har sitt huvudkontor utanför EES, gäller 2 och 3 §§ för det fall Finansinspektionen enligt 4 kap. <NOBR><SPAN class="ft3">2–4</SPAN></NOBR><SPAN class="ft3"> </SPAN>§§ skulle ha utövat tillsynen över den konsoliderade situationen om de bestämmelserna hade gällt.</P>
</DIV>
<DIV id="id_1_2">
<P class="p191 ft2">baserad tillsyn enligt artikel 111 i kapitaltäckningsdirektivet och dess moderföretag är ett utländskt <SPAN class="ft3">före- tag som motsvarar ett kreditinstitut, </SPAN>finansiellt holdingföretag eller blandat finansiellt holdingföretag som har sitt huvudkontor utanför EES, gäller 2 och 3 §§ för det fall Finansinspektionen enligt 4 kap. <NOBR><SPAN class="ft3">1–3</SPAN></NOBR><SPAN class="ft3"> </SPAN>§§ skulle ha utövat tillsynen över den konsoliderade situationen om de bestämmelserna hade gällt.</P>
</DIV>
</DIV>
<DIV id="id_2">
<P class="p197 ft2">2 §<SPAN class="ft20">23</SPAN></P>
<P class="p96 ft2">Finansinspektionen ska kontrollera om den gruppbaserade tillsyn som utövas av tillsynsmyndigheten i landet utanför EES är likvärdig med den gruppbaserade tillsyn som anges i artiklarna <NOBR>11–24</NOBR> i tillsynsförordningen</P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD colspan=3 class="tr5 td195"><P class="p18 ft2">och 4 kap. denna lag.</P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td144"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td195"><P class="p39 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td37"><P class="p307 ft2">ska</P></TD>
<TD class="tr4 td160"><P class="p30 ft2">utföra</P></TD>
<TD colspan=2 class="tr4 td242"><P class="p48 ft31">Finansinspektionen</P></TD>
<TD class="tr4 td75"><P class="p39 ft2">ska</P></TD>
<TD class="tr4 td140"><P class="p16 ft2">utföra</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">kontrollen på begäran av moder-</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">kontrollen på begäran av moder-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">företaget eller av ett inom EES</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">företaget eller av ett inom EES</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft2">auktoriserat</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p18 ft3">institut,</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p30 ft2">institut för</P></TD>
<TD colspan=3 class="tr4 td236"><P class="p18 ft3"><SPAN class="ft2">auktoriserat </SPAN>kreditinstitut</P></TD>
<TD class="tr4 td140"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">elektroniska pengar <SPAN class="ft3">eller motsva-</SPAN></P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">institut för elektroniska pengar i</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft3">rande utländskt företag <SPAN class="ft2">i den</SPAN></P></TD>
<TD class="tr4 td88"><P class="p18 ft2">den</P></TD>
<TD class="tr4 td144"><P class="p37 ft2">konsoliderade</P></TD>
<TD colspan=2 class="tr4 td176"><P class="p16 ft2">situationen.</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td201"><P class="p18 ft2">konsoliderade situationen.</P></TD>
<TD class="tr4 td160"><P class="p30 ft2">Innan</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">Innan Finansinspektionen tar ställ-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">Finansinspektionen tar ställning till</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">ning till om tillsynen är likvärdig,</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">om tillsynen är likvärdig, ska</P></TD>
<TD class="tr4 td88"><P class="p18 ft2">ska</P></TD>
<TD class="tr4 td144"><P class="p18 ft2">inspektionen</P></TD>
<TD class="tr4 td75"><P class="p18 ft2">höra</P></TD>
<TD class="tr4 td140"><P class="p16 ft2">övriga</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft2">inspektionen</P></TD>
<TD class="tr4 td88"><P class="p79 ft2">höra</P></TD>
<TD colspan=3 class="tr4 td204"><P class="p30 ft2">övriga berörda</P></TD>
<TD colspan=2 class="tr4 td242"><P class="p18 ft2">berörda behöriga</P></TD>
<TD colspan=2 class="tr4 td176"><P class="p16 ft2">myndigheter</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">behöriga myndigheter inom EES.</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">inom EES. Inspektionen ska också</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft2">Inspektionen</P></TD>
<TD class="tr4 td88"><P class="p48 ft2">ska</P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p256 ft2">också</P></TD>
<TD class="tr4 td160"><P class="p30 ft2">före</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft31">före ställningstagandet ha rådfrågat</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td197"><P class="p18 ft2">ställningstagandet</P></TD>
<TD colspan=3 class="tr4 td204"><P class="p30 ft2">ha rådfrågat</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">Europeiska bankmyndigheten.</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">Europeiska bankmyndigheten.</P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td144"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p357 ft2">3 §<SPAN class="ft20">24</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t22">
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td243"><P class="p16 ft2">Om tillsynen inte bedöms likvärdig, ska Finansinspektionen tillämpa</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td243"><P class="p279 ft2">bestämmelserna om gruppbaserad tillsyn i artiklarna <NOBR>11–24</NOBR> i tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td243"><P class="p279 ft31">förordningen och 4 kap. denna lag som om moderföretaget haft sitt huvud-</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td244"><P class="p279 ft2">kontor inom EES.</P></TD>
<TD class="tr5 td85"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td244"><P class="p30 ft2">Efter att ha hört övriga berörda</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">Efter att ha hört övriga berörda</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td244"><P class="p279 ft2">behöriga myndigheter får Finans-</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">behöriga myndigheter får Finans-</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td244"><P class="p279 ft2">inspektionen i stället besluta att</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">inspektionen i stället besluta att</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td244"><P class="p279 ft2">använda sig av andra tillsynsmeto-</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">använda sig av andra tillsynsmeto-</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td244"><P class="p279 ft2">der som säkerställer att <SPAN class="ft3">instituten </SPAN>i</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">der som säkerställer att <SPAN class="ft3">kredit-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td244"><P class="p279 ft2">den konsoliderade situationen är</P></TD>
<TD class="tr5 td85"><P class="p16 ft3">institut och utländska företag som</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td150"><P class="p279 ft2">föremål</P></TD>
<TD class="tr4 td245"><P class="p30 ft2">för tillräcklig tillsyn.</P></TD>
<TD class="tr4 td85"><P class="p16 ft3">motsvarar kreditinstitut <SPAN class="ft2">i den</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td244"><P class="p279 ft2">Inspektionen får då förelägga en</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">konsoliderade situationen är före-</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td150"><P class="p279 ft2">ägare till</P></TD>
<TD class="tr5 td245"><P class="p30 ft2"><SPAN class="ft3">institutet </SPAN>att inrätta ett</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">mål för tillräcklig tillsyn. Inspek-</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr30 td80"><P class="p278 ft2">56</P></TD>
<TD colspan=2 class="tr31 td244"><P class="p279 ft29"><SPAN class="ft28">23 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr31 td85"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td244"><P class="p279 ft29"><SPAN class="ft28">24 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr5 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_57">
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD colspan=3 class="tr2 td139"><P class="p18 ft2">finansiellt holdingföretag</P></TD>
<TD colspan=2 class="tr2 td97"><P class="p249 ft2">eller ett</P></TD>
<TD colspan=3 class="tr2 td223"><P class="p18 ft2">tionen får då förelägga en ägare till Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td86"><P class="p18 ft2">blandat finansiellt holdingföretag</P></TD>
<TD colspan=3 class="tr4 td223"><P class="p18 ft3">ett kreditinstitut <SPAN class="ft2">att inrätta ett</SPAN></P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td86"><P class="p18 ft2">med huvudkontor inom EES och</P></TD>
<TD colspan=2 class="tr4 td154"><P class="p18 ft2">finansiellt holdingföretag</P></TD>
<TD class="tr4 td236"><P class="p204 ft2">eller ett</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td53"><P class="p18 ft2">tillämpa</P></TD>
<TD class="tr4 td174"><P class="p18 ft2">bestämmelserna</P></TD>
<TD class="tr4 td210"><P class="p1 ft2">i</P></TD>
<TD class="tr4 td122"><P class="p249 ft31">denna</P></TD>
<TD class="tr4 td160"><P class="p18 ft2">blandat</P></TD>
<TD colspan=2 class="tr4 td246"><P class="p204 ft2">finansiellt holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr5 td114"><P class="p18 ft2">lag</P></TD>
<TD class="tr5 td36"><P class="p18 ft2">på</P></TD>
<TD class="tr5 td174"><P class="p358 ft3">instituten</P></TD>
<TD class="tr5 td210"><P class="p18 ft2">i</P></TD>
<TD class="tr5 td122"><P class="p249 ft2">den</P></TD>
<TD colspan=3 class="tr5 td223"><P class="p18 ft2">med huvudkontor inom EES och</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td86"><P class="p18 ft2">konsoliderade situationen, som leds</P></TD>
<TD class="tr4 td160"><P class="p18 ft2">tillämpa</P></TD>
<TD class="tr4 td77"><P class="p37 ft2">bestämmelserna</P></TD>
<TD class="tr4 td236"><P class="p204 ft2">i denna</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td139"><P class="p18 ft2">av detta holdingföretag.</P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td223"><P class="p18 ft3"><SPAN class="ft2">lag på </SPAN>kreditinstitut och utländska</P></TD>
</TR>
<TR>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td160"><P class="p18 ft3">företag</P></TD>
<TD class="tr5 td77"><P class="p37 ft3">som motsvarar</P></TD>
<TD class="tr5 td236"><P class="p204 ft3">kredit-</P></TD>
</TR>
</TABLE>
<P class="p359 ft2"><SPAN class="ft3">institut </SPAN>i den konsoliderade situa- tionen, som leds av detta holding- företag.</P>
<P class="p92 ft2">Finansinspektionen ska underrätta de berörda behöriga myndigheterna, Europeiska kommissionen och Europeiska bankmyndigheten när sådana andra tillsynsmetoder som anges i andra stycket används.</P>
<P class="p360 ft45"><SPAN class="ft2">4</SPAN><SPAN class="ft63">§</SPAN>25</P>
<P class="p361 ft2">En grupp ska etablera ett intermediärt moderföretag inom EES, om 1. moderföretaget i gruppen är etablerat i ett land utanför EES,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td86"><P class="p249 ft2">2. det i gruppen finns minst två</P></TD>
<TD class="tr4 td90"><P class="p16 ft2">2. det i gruppen finns minst två</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2"><SPAN class="ft3">institut </SPAN>inom EES, varav åtmin-</P></TD>
<TD class="tr4 td90"><P class="p16 ft3">kreditinstitut eller värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p362 ft2">stone ett i Sverige, och</P></TD>
<TD class="tr5 td90"><P class="p16 ft21">bolag eller motsvarande utländska</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td90"><P class="p16 ft2"><SPAN class="ft3">företag </SPAN>inom EES, varav åtminsto-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td90"><P class="p363 ft2">ne ett i Sverige, och</P></TD>
</TR>
</TABLE>
<P class="p91 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">det totala värdet på gruppens tillgångar inom EES uppgår till mot- svarande minst 40 miljarder euro.</SPAN></P>
<P class="p91 ft2">Med det totala värdet på gruppens tillgångar inom EES avses summan av</P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr4 td63"><P class="p39 ft2">1. <SPAN class="ft3">institutens </SPAN>tillgångar enligt en</P></TD>
<TD colspan=5 class="tr4 td58"><P class="p204 ft2">1. <SPAN class="ft3">företagens </SPAN>tillgångar enligt en</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft2">konsoliderad balansräkning eller,</P></TD>
<TD colspan=3 class="tr4 td22"><P class="p81 ft2">konsoliderad</P></TD>
<TD colspan=2 class="tr4 td119"><P class="p204 ft2">balansräkning eller,</P></TD>
</TR>
<TR>
<TD class="tr5 td63"><P class="p18 ft2">om en sådan inte finns, de indi-</P></TD>
<TD colspan=5 class="tr5 td58"><P class="p81 ft2">om en sådan inte finns, de indi-</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft2">viduella balansräkningarna, och</P></TD>
<TD colspan=5 class="tr4 td58"><P class="p81 ft2">viduella balansräkningarna, och</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p39 ft2">2. filialernas tillgångar.</P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td247"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr18 td58"><P class="p81 ft61">7 a kap. Moderföretag utanför</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td219"><P class="p81 ft60">EES i fråga om</P></TD>
<TD class="tr4 td247"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td58"><P class="p81 ft61">värdepappersföretagskoncerner</P></TD>
</TR>
<TR>
<TD class="tr22 td63"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td233"><P class="p73 ft3">1 §</P></TD>
<TD class="tr22 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td247"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td63"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td233"><P class="p45 ft3">Om</P></TD>
<TD class="tr5 td31"><P class="p37 ft3">ett</P></TD>
<TD colspan=3 class="tr5 td23"><P class="p204 ft21">värdepappersbolag, som</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td58"><P class="p73 ft3">inte står under effektiv tillsyn enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td80"><P class="p73 ft3">artikel 46</P></TD>
<TD class="tr4 td131"><P class="p80 ft3">i</P></TD>
<TD colspan=2 class="tr4 td119"><P class="p204 ft21">värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr5 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td58"><P class="p73 ft3">direktivet, ingår i en koncern med</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td58"><P class="p73 ft3">minst ett annat värdepappersbolag</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p73 ft3">eller</P></TD>
<TD class="tr4 td31"><P class="p18 ft3">ett</P></TD>
<TD colspan=2 class="tr4 td91"><P class="p79 ft3">motsvarande</P></TD>
<TD class="tr4 td247"><P class="p204 ft3">utländskt</P></TD>
</TR>
<TR>
<TD class="tr5 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td58"><P class="p73 ft3">företag inom EES och deras gemen-</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td58"><P class="p73 ft3">samma moderföretag har sitt huvud-</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td58"><P class="p73 ft3">kontor utanför EES, ska Finansin-</P></TD>
</TR>
<TR>
<TD class="tr5 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td219"><P class="p73 ft3">spektionen bedöma om</P></TD>
<TD class="tr5 td247"><P class="p204 ft21">den tillsyn</P></TD>
</TR>
<TR>
<TD class="tr17 td63"><P class="p18 ft29"><SPAN class="ft28">25 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr17 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td247"><P class="p16 ft2">57</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_58">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td248"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td41"><P class="p364 ft3">som</P></TD>
<TD colspan=5 class="tr2 td152"><P class="p77 ft21">tillsynsmyndigheten</P></TD>
<TD class="tr2 td124"><P class="p80 ft3">i</P></TD>
<TD class="tr2 td171"><P class="p16 ft3">landet</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td249"><P class="p364 ft21">utanför EES har över värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td249"><P class="p364 ft3">företagen är likvärdig med den</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td249"><P class="p364 ft21">tillsyn som anges i artiklarna <NOBR>1–8</NOBR> i</P></TD>
</TR>
<TR>
<TD class="tr5 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td249"><P class="p364 ft3">värdepappersbolagsförordningen</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td250"><P class="p364 ft3">och i denna lag.</P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td248"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td41"><P class="p364 ft3">2 §</P></TD>
<TD class="tr18 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td163"><P class="p365 ft3">Om</P></TD>
<TD colspan=3 class="tr4 td67"><P class="p18 ft3">tillsynen</P></TD>
<TD class="tr4 td88"><P class="p307 ft21">inte</P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p16 ft3">bedöms</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td162"><P class="p364 ft3">likvärdig,</P></TD>
<TD class="tr4 td31"><P class="p80 ft3">ska</P></TD>
<TD colspan=4 class="tr4 td78"><P class="p16 ft3">Finansinspektionen,</P></TD>
</TR>
<TR>
<TD class="tr5 td248"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td41"><P class="p364 ft3">för</P></TD>
<TD class="tr5 td69"><P class="p18 ft3">det</P></TD>
<TD colspan=2 class="tr5 td190"><P class="p79 ft3">fall</P></TD>
<TD class="tr5 td126"><P class="p1 ft3">den</P></TD>
<TD class="tr5 td88"><P class="p78 ft21">enligt</P></TD>
<TD colspan=2 class="tr5 td149"><P class="p16 ft3">4 a kap.</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td249"><P class="p364 ft3"><NOBR>1–3</NOBR> §§ skulle ha utövat tillsynen</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td41"><P class="p364 ft3">över</P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td219"><P class="p16 ft21">värdepappersföretagskon-</P></TD>
</TR>
<TR>
<TD class="tr5 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td249"><P class="p364 ft21">cernen om de bestämmelserna hade</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td249"><P class="p364 ft3">gällt, besluta om lämpliga tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td249"><P class="p364 ft3">metoder som uppnår tillsynsmålen</P></TD>
</TR>
<TR>
<TD class="tr5 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td249"><P class="p364 ft3">enligt artikel 7 eller 8 i värdepap-</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td33"><P class="p364 ft3">persbolagsförordningen.</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p16 ft21">Finansin-</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td249"><P class="p364 ft21">spektionen får kräva att koncernen</P></TD>
</TR>
<TR>
<TD class="tr5 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td162"><P class="p364 ft3">etablerar</P></TD>
<TD class="tr5 td31"><P class="p37 ft3">ett</P></TD>
<TD colspan=4 class="tr5 td78"><P class="p16 ft21">värdepappersinriktat</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td33"><P class="p364 ft3">holdingföretag eller ett</P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p16 ft21">blandat</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td162"><P class="p364 ft21">finansiellt</P></TD>
<TD colspan=4 class="tr4 td138"><P class="p237 ft21">holdingföretag</P></TD>
<TD class="tr4 td171"><P class="p16 ft3">inom</P></TD>
</TR>
<TR>
<TD class="tr5 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td249"><P class="p364 ft3">EES. Inspektionen får då tillämpa</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td163"><P class="p364 ft3">artikel 7</P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td96"><P class="p16 ft3">eller 8 i värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td248"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td249"><P class="p364 ft21">bolagsförordningen på detta företag.</P></TD>
</TR>
</TABLE>
<P class="p286 ft3">3 §</P>
<P class="p195 ft3">Innan Finansinspektionen fattar beslut enligt 2 § ska inspektionen samråda med övriga berörda behöriga myndigheter.</P>
<P class="p195 ft3">Finansinspektionen ska under- rätta de berörda behöriga myndig- heterna, Europeiska kommissionen och Europeiska bankmyndigheten om åtgärder som den vidtar med stöd av 2 §.</P>
<P class="p366 ft22">8 kap.</P>
<P class="p367 ft2">1 §</P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD class="tr5 td109"><P class="p108 ft2">Om ett <SPAN class="ft3">institut eller </SPAN>ett företag inte</P></TD>
<TD class="tr5 td110"><P class="p16 ft2">Om ett företag inte uppfyller</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">uppfyller kraven i tillsynsförord-</P></TD>
<TD class="tr4 td110"><P class="p16 ft31">kraven i tillsynsförordningen, <SPAN class="ft21">värde-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">ningen, denna lag eller föreskrifter</P></TD>
<TD class="tr4 td110"><P class="p16 ft21">pappersbolagsförordningen, <SPAN class="ft31">denna</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">som meddelats med stöd av lagen,</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">lag eller föreskrifter som meddelats</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p108 ft2">ska Finansinspektionen förelägga</P></TD>
<TD class="tr5 td110"><P class="p16 ft2">med stöd av lagen, ska Finans-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft31"><SPAN class="ft21">institutet eller </SPAN>företaget att inom en</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">inspektionen förelägga företaget att</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">viss tid begränsa rörelsen i något</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">inom en viss tid begränsa rörelsen i</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p108 ft2">avseende, minska riskerna i den</P></TD>
<TD class="tr5 td110"><P class="p16 ft2">något avseende, minska riskerna i</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">eller vidta någon annan åtgärd för</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">den eller vidta någon annan åtgärd</P></TD>
</TR>
<TR>
<TD class="tr14 td109"><P class="p368 ft70">att komma till rätta med situationen.</P></TD>
<TD class="tr14 td110"><P class="p18 ft69"> </P></TD>
</TR>
</TABLE>
<P class="p14 ft2">58</P>
</DIV>
<DIV id="page_59">
<DIV id="tx1"><SPAN class="ft31">Om ett </SPAN><SPAN class="ft21">kreditinstitut</SPAN><SPAN class="ft31">, </SPAN><SPAN class="ft21">ett värde- pappersbolag, </SPAN><SPAN class="ft31">ett finansiellt hol- dingföretag, ett blandat finansiellt holdingföretag</SPAN><SPAN class="ft21">, </SPAN><SPAN class="ft31">ett holdingföretag med blandad verksamhet </SPAN><SPAN class="ft21">eller ett värdepappersinriktat holdingföre- tag </SPAN><SPAN class="ft31">med huvudkontor i Sverige inte i tid lämnar upplysningar enligt före- skrifter meddelade med stöd av till- synsförordningen </SPAN><SPAN class="ft21">eller värde-</SPAN></DIV>
<DIV id="tx2"><SPAN class="ft3">pappersbolagsförordningen</SPAN><SPAN class="ft2">, får Finansinspektionen besluta att företaget ska betala en försenings- avgift med högst 100 000 kronor.</SPAN></DIV>
<DIV id="tx3"><SPAN class="ft31">Finansinspektionen ska förelägga ett finansiellt holdingföretag, ett blandat finansiellt holdingföretag</SPAN><SPAN class="ft21">, </SPAN><SPAN class="ft31">ett holdingföretag med blandad verksamhet </SPAN><SPAN class="ft21">eller ett värdepappers- inriktat holdingföretag </SPAN><SPAN class="ft31">att vidta åtgärder för att göra rättelse, om holdingföretaget inte uppfyller de krav som ställs på det enligt tillsyns- förordningen, </SPAN><SPAN class="ft21">värdepappersbolags- förordningen, </SPAN><SPAN class="ft31">denna lag eller före- skrifter som meddelats med stöd av lagen. Ett sådant föreläggande ska också riktas mot ett finansiellt holdingföretag</SPAN><SPAN class="ft21">, </SPAN><SPAN class="ft31">ett blandat finan- siellt holdingföretag </SPAN><SPAN class="ft21">eller ett värde- pappersinriktat holdingföretag, </SPAN><SPAN class="ft31">vars ledning inte uppfyller kraven i denna lag.</SPAN></DIV>
<DIV id="id_1">
<DIV id="id_1_1">
<P class="p69 ft2">Om ett <SPAN class="ft3">institut </SPAN>bryter mot tillsynsförordningen, denna lag eller föreskrifter som meddelats med stöd av lagen, gäller dessutom bestämmelserna om ingripande i de lagar som reglerar <SPAN class="ft3">institutens </SPAN>verk- samhet.</P>
</DIV>
<DIV id="id_1_2">
<P class="p14 ft2">för att komma till rätta med Prop. 2020/21:173 situationen.</P>
<P class="p369 ft3"><SPAN class="ft2">Om ett </SPAN>kreditinstitut eller ett värdepappersbolag <SPAN class="ft2">bryter mot</SPAN></P>
<P class="p370 ft2">tillsynsförordningen, <SPAN class="ft3">värdepap- persbolagsförordningen, </SPAN>denna lag eller föreskrifter som meddelats med stöd av lagen, gäller dessutom bestämmelserna om ingripande i de lagar som reglerar <SPAN class="ft3">företagens </SPAN>verk- samhet.</P>
</DIV>
</DIV>
<DIV id="id_2">
<P class="p371 ft2">2 §</P>
<P class="p372 ft2">Finansinspektionen ska förelägga ett finansiellt holdingföretag, ett blandat finansiellt holdingföretag <SPAN class="ft3">eller </SPAN>ett holdingföretag med blan- dad verksamhet att vidta åtgärder för att göra rättelse, om holding- företaget inte uppfyller de krav som ställs på det enligt tillsynsförord- ningen, denna lag eller föreskrifter som meddelats med stöd av lagen. Ett sådant föreläggande ska också riktas mot ett finansiellt holding- företag <SPAN class="ft3">eller </SPAN>ett blandat finansiellt holdingföretag, vars ledning inte uppfyller kraven i denna lag.</P>
<P class="p373 ft2">4 §</P>
<P class="p374 ft2">Om ett <SPAN class="ft3">institut</SPAN>, ett finansiellt hol- dingföretag, ett blandat finansiellt holdingföretag <SPAN class="ft3">eller </SPAN>ett holding- företag med blandad verksamhet med huvudkontor i Sverige inte i tid lämnar upplysningar enligt före- skrifter meddelade med stöd av till- synsförordningen, får Finans- inspektionen besluta att företaget ska betala en förseningsavgift med högst 100 000 kronor.</P>
<P class="p375 ft2">Avgiften tillfaller staten.</P>
<P class="p376 ft2">59</P>
</DIV>
</DIV>
<DIV id="page_60">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td216"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td112"><P class="p377 ft22">9 kap.</P></TD>
<TD class="tr2 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td12"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td216"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td112"><P class="p378 ft2">1 §</P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td111"><P class="p108 ft2"><SPAN class="ft3">Institut </SPAN>som står under tillsyn</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft3">Kreditinstitut och värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td216"><P class="p36 ft2">enligt</P></TD>
<TD class="tr4 td199"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr4 td233"><P class="p108 ft2">och</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2"><SPAN class="ft3">bolag </SPAN>som står under tillsyn enligt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td111"><P class="p36 ft2">denna lag ska med årliga avgifter</P></TD>
<TD colspan=2 class="tr5 td152"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr5 td75"><P class="p80 ft3">eller</P></TD>
<TD class="tr5 td12"><P class="p16 ft3">värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td216"><P class="p36 ft2">bekosta</P></TD>
<TD class="tr4 td199"><P class="p80 ft31">Finansinspektionens</P></TD>
<TD class="tr4 td233"><P class="p108 ft2">verk-</P></TD>
<TD colspan=3 class="tr4 td239"><P class="p18 ft3">pappersbolagsförordningen</P></TD>
<TD class="tr4 td12"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td111"><P class="p36 ft2">samhet samt Statistiska central-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">denna lag ska med årliga avgifter</P></TD>
</TR>
<TR>
<TD class="tr5 td216"><P class="p36 ft2">byråns</P></TD>
<TD class="tr5 td199"><P class="p18 ft2">verksamhet enligt</P></TD>
<TD class="tr5 td233"><P class="p108 ft2">lagen</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">bekosta Finansinspektionens verk-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td111"><P class="p36 ft2">(2014:484) om en databas för över-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">samhet samt Statistiska central-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td111"><P class="p36 ft2">vakning av och tillsyn över finans-</P></TD>
<TD colspan=2 class="tr4 td152"><P class="p18 ft2">byråns verksamhet</P></TD>
<TD class="tr4 td75"><P class="p43 ft2">enligt</P></TD>
<TD class="tr4 td12"><P class="p16 ft2">lagen</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td185"><P class="p36 ft2">marknaderna.</P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">(2014:484) om en databas för över-</P></TD>
</TR>
<TR>
<TD class="tr4 td216"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">vakning av och tillsyn över finans-</P></TD>
</TR>
<TR>
<TD class="tr4 td216"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft2">marknaderna.</P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td111"><P class="p108 ft2">Finansinspektionen får ta ut av-</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">Finansinspektionen får ta ut av-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td111"><P class="p36 ft2">gifter för prövning av ansökningar</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">gifter för prövning av ansökningar</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td111"><P class="p36 ft2">och anmälningar enligt tillsyns-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">och anmälningar enligt tillsyns-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td185"><P class="p36 ft2">förordningen och denna lag.</P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td158"><P class="p18 ft2">förordningen<SPAN class="ft3">,</SPAN></P></TD>
<TD colspan=3 class="tr5 td120"><P class="p16 ft21">värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td216"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td239"><P class="p18 ft2"><SPAN class="ft3">förordningen </SPAN>och denna lag.</P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td111"><P class="p107 ft2">Om Finansinspektionen behöver</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">Om Finansinspektionen behöver</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td111"><P class="p36 ft2">anlita någon med särskild fack-</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">anlita någon med särskild fack-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td111"><P class="p36 ft2">kunskap för bedömning av en viss</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">kunskap för bedömning av en viss</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td111"><P class="p36 ft2">fråga vid tillsynen enligt denna lag,</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">fråga vid tillsynen enligt denna lag,</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td111"><P class="p36 ft2">ska kostnaden för detta betalas av det</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft31">ska kostnaden för detta betalas av det</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td185"><P class="p36 ft2"><SPAN class="ft3">institut </SPAN>som tillsynen avser.</P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p1 ft3">kreditinstitut</P></TD>
<TD class="tr4 td12"><P class="p18 ft3">eller</P></TD>
<TD colspan=2 class="tr4 td91"><P class="p16 ft21">värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td216"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td239"><P class="p1 ft2"><SPAN class="ft3">bolag </SPAN>som tillsynen avser.</P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p379 ft22">10 kap.</P>
<P class="p197 ft2">1 §<SPAN class="ft20">26</SPAN></P>
<P class="p180 ft2">Regeringen eller den myndighet som regeringen bestämmer får meddela föreskrifter som kompletterar tillsynsförordningens bestämmelser om</P>
<P class="p99 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">offentliggörande av information och tillsynsrapportering,</SPAN></P>
<P class="p100 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">beräkningen av kapitalbaskravet samt kapitalbasen,</SPAN></P>
<P class="p100 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">stora exponeringar,</SPAN></P>
<P class="p99 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">exponeringar i fastigheter,</SPAN></P>
<P class="p100 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">säkerställda obligationer,</SPAN></P>
<P class="p100 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">likviditetskrav,</SPAN></P>
<P class="p99 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">interna modeller för marknadsrisker,</SPAN></P>
<P class="p100 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft17">schablonmetoden för marknadsrisker,</SPAN></P>
<P class="p100 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft17">schablonmetoden för kreditrisker,</SPAN></P>
<P class="p99 ft2"><SPAN class="ft2">10.</SPAN><NOBR><SPAN class="ft17">IRK-metoden</SPAN></NOBR> för kreditrisker,</P>
<P class="p100 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">motpartsrisker,</SPAN></P>
<P class="p100 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">värdepapperisering,</SPAN></P>
<P class="p99 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft17">bruttosoliditet,</SPAN></P>
<P class="p100 ft2"><SPAN class="ft2">14.</SPAN><SPAN class="ft17">konsolidering av de gruppbaserade kraven,</SPAN></P>
<P class="p100 ft2"><SPAN class="ft2">15.</SPAN><SPAN class="ft17">omklassificering av positioner, och</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t22">
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td244"><P class="p380 ft2">16. klassificering av <SPAN class="ft3">institut.</SPAN></P></TD>
<TD class="tr5 td85"><P class="p48 ft2">16. klassificering av <SPAN class="ft3">kreditinsti-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td244"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft3">tut.</P></TD>
</TR>
<TR>
<TD class="tr30 td80"><P class="p278 ft2">60</P></TD>
<TD class="tr30 td244"><P class="p279 ft29"><SPAN class="ft28">26 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr30 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_61">
<DIV>
<DIV id="id_1">
<P class="p381 ft3">1 a §</P>
<P class="p382 ft21">Regeringen eller den myndighet som regeringen bestämmer får meddela föreskrifter som kom- pletterar värdepappersbolagsförord- ningens bestämmelser om</P>
<P class="p383 ft3">1. beräkningen av kapitalbas- kraven (artikel 30.1 tredje stycket), och</P>
<P class="p384 ft3">2. koncentrationsrisker (artikel 41.2).</P>
<P class="p63 ft45"><SPAN class="ft2">2</SPAN><SPAN class="ft63">§</SPAN>27</P>
<P class="p87 ft2">Regeringen eller den myndighet som regeringen bestämmer får meddela</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td50"><P class="p18 ft2">föreskrifter om</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">1. vilka krav som <SPAN class="ft3">enligt 3 kap.</SPAN></P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">1. vilka krav som ska ställas på</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">5 § </SPAN>ska ställas på den som ska ingå</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">den som ska ingå i ledningen i</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">i ledningen i ett finansiellt holding-</P></TD>
<TD class="tr5 td156"><P class="p39 ft3">a) <SPAN class="ft2">ett</SPAN></P></TD>
<TD colspan=2 class="tr5 td55"><P class="p79 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr5 td65"><P class="p16 ft31">holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">företag eller ett blandat finansiellt</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2"><SPAN class="ft3">eller </SPAN>ett blandat finansiellt holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">holdingföretag,</P></TD>
<TD colspan=4 class="tr4 td226"><P class="p18 ft21"><SPAN class="ft31">företag </SPAN>enligt 3 kap. 5 §, eller</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p39 ft3">b) ett</P></TD>
<TD colspan=3 class="tr5 td78"><P class="p177 ft21">värdepappersinriktat</P></TD>
<TD class="tr5 td126"><P class="p16 ft3">hol-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td80"><P class="p18 ft3">dingföretag</P></TD>
<TD class="tr4 td89"><P class="p48 ft3">eller</P></TD>
<TD colspan=2 class="tr4 td65"><P class="p16 ft3">ett blandat</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td80"><P class="p18 ft3">finansiellt</P></TD>
<TD colspan=2 class="tr4 td174"><P class="p18 ft3">holdingföretag</P></TD>
<TD class="tr4 td126"><P class="p16 ft21">enligt</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td80"><P class="p18 ft21">3 a kap. 2 §<SPAN class="ft31">,</SPAN></P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">2. vid vilken tidpunkt, på vilken</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">2. vid vilken tidpunkt, på vilken</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">plats och med vilka intervall <SPAN class="ft3">institut</SPAN></P></TD>
<TD colspan=4 class="tr4 td226"><P class="p18 ft2">plats och med vilka intervall</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">ska offentliggöra sådan information</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft3">a) kreditinstitut <SPAN class="ft2">ska offentliggöra</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">som anges i artiklarna <NOBR>431–455</NOBR> i</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">sådan information som anges i</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">tillsynsförordningen,</P></TD>
<TD colspan=3 class="tr4 td120"><P class="p18 ft2">artiklarna <NOBR>431–455</NOBR></P></TD>
<TD colspan=2 class="tr4 td65"><P class="p16 ft2">i tillsynsför-</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td120"><P class="p18 ft2">ordningen<SPAN class="ft3">, och</SPAN></P></TD>
<TD class="tr5 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft3">b) värdepappersbolag ska offent-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft3">liggöra</P></TD>
<TD colspan=3 class="tr4 td78"><P class="p385 ft3">sådan information</P></TD>
<TD class="tr4 td126"><P class="p16 ft3">som</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft3">anges i artikel 46 i värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td120"><P class="p18 ft21">bolagsförordningen<SPAN class="ft31">,</SPAN></P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p87 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">vilken information moderföretag ska offentliggöra enligt 6 kap. 2 §,</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">när kapitalbaskraven i tillsynsförordningen eller Europaparlamentets och rådets förordning (EU) 2017/2402 av den 12 december 2017 om ett allmänt ramverk för värdepapperisering och om inrättande av ett särskilt ramverk för enkel, transparent och standardiserad värdepapperisering samt om ändring av direktiven 2009/65/EG, 2009/138/EG och 2011/61/EU och förordningarna (EG) nr 1060/2009 och (EU) nr 648/2012 inte ska anses täcka en risk och hur nivån på ett särskilt kapitalbaskrav enligt 2 kap. för att täcka en sådan risk ska fastställas,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td86"><P class="p249 ft2">5. de omständigheter som ska</P></TD>
<TD class="tr2 td70"><P class="p246 ft2">5. de omständigheter som</P></TD>
<TD class="tr2 td131"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">beaktas, dels vid prövningen enligt</P></TD>
<TD colspan=2 class="tr4 td90"><P class="p16 ft2">beaktas, dels vid prövningen enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">2 kap. 2 § av om ett <SPAN class="ft3">institut </SPAN>ska</P></TD>
<TD colspan=2 class="tr4 td90"><P class="p16 ft2">2 kap. 2 § av om ett <SPAN class="ft3">kreditinstitut</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">uppfylla ett särskilt likviditetskrav,</P></TD>
<TD class="tr4 td70"><P class="p246 ft3">eller ett värdepappersbolag</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p249 ft31">dels vid fastställandet av en lämplig</P></TD>
<TD colspan=2 class="tr5 td90"><P class="p16 ft2">uppfylla ett särskilt likviditetskrav,</P></TD>
</TR>
</TABLE>
<P class="p188 ft29"><SPAN class="ft25">27</SPAN><SPAN class="ft44">Senaste lydelse 2020:1213.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">61</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_62">
<DIV id="p62dimg1">
<INGENBILD zsrc="H80317362x1.jpg/" id="p62img1">
</DIV>
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD colspan=2 class="tr2 td84"><P class="p30 ft2">Prop. 2020/21:173 nivå för ett sådant särskilt lik-</P></TD>
<TD class="tr2 td85"><P class="p18 ft31">dels vid fastställandet av en lämplig</P></TD>
</TR>
<TR>
<TD class="tr4 td252"><P class="p36 ft2">viditetskrav</P></TD>
<TD class="tr4 td161"><P class="p30 ft2">i samband med en</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">nivå för ett sådant särskilt lik-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td84"><P class="p30 ft2">översyn och utvärdering av <SPAN class="ft3">ett</SPAN></P></TD>
<TD class="tr4 td85"><P class="p18 ft2">viditetskrav i samband med en</P></TD>
</TR>
<TR>
<TD class="tr4 td252"><P class="p36 ft3">institut<SPAN class="ft2">, och</SPAN></P></TD>
<TD class="tr4 td161"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft2">översyn och utvärdering av <SPAN class="ft3">före-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td252"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td161"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td85"><P class="p18 ft3">taget<SPAN class="ft2">, och</SPAN></P></TD>
</TR>
</TABLE>
<P class="p100 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">hur uppgifter enligt 6 kap. 11 § ska lämnas.</SPAN></P>
<P class="p386 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<P class="p387 ft2">62</P>
</DIV>
<DIV id="page_63">
<TABLE cellpadding=0 cellspacing=0 class="t48">
<TR>
<TD class="tr32 td171"><P class="p368 ft18">2.3</P></TD>
<TD class="tr32 td253"><P class="p17 ft18">Förslag till lag om ändring i lagen (2014:966)</P></TD>
<TD class="tr32 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr33 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td253"><P class="p17 ft18">om kapitalbuffertar</P></TD>
<TD class="tr33 td49"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p388 ft2">Härigenom föreskrivs i fråga om lagen (2014:966) om kapitalbuffertar<SPAN class="ft20">1 </SPAN><SPAN class="ft3">dels </SPAN>att 3 kap. 3 § och 6 kap. 3 § ska upphöra att gälla,</P>
<P class="p132 ft2"><SPAN class="ft3">dels </SPAN>att rubriken närmast före 6 kap. 3 § ska utgå,</P>
<P class="p88 ft2"><SPAN class="ft3">dels </SPAN>att 1 kap. 2 §, 6 kap. 7 §, 8 kap. 1 § och 10 kap. 1 § ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t49">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p389 ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">2 §</SPAN><SPAN class="ft20">2</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr4 td50"><P class="p39 ft2">I denna lag betyder</P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td65"><P class="p39 ft3"><SPAN class="ft2">1. </SPAN><SPAN class="ft24">blandade</SPAN></P></TD>
<TD class="tr4 td172"><P class="p108 ft24">finansiella moder-</P></TD>
<TD class="tr4 td85"><P class="p16 ft3"><SPAN class="ft2">1. </SPAN><SPAN class="ft24">blandade finansiella moder-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p18 ft3"><SPAN class="ft24">holdingföretag inom EES</SPAN><SPAN class="ft2">: företag</SPAN></P></TD>
<TD class="tr5 td85"><P class="p16 ft3"><SPAN class="ft24">holdingföretag inom EES</SPAN><SPAN class="ft2">: företag</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">som avses i artikel 4.1.33 i Europa-</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">som avses i artikel 4.1.33 i Europa-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p18 ft2">(EU) nr 575/2013 av den 26 juni</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">(EU) nr 575/2013 av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD class="tr4 td65"><P class="p18 ft2">institut <SPAN class="ft3">och</SPAN></P></TD>
<TD class="tr4 td172"><P class="p107 ft21">värdepappersföretag</P></TD>
<TD class="tr4 td85"><P class="p16 ft31">institut och om ändring av förordning</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">(EU) nr 648/2012 (tillsynsförord-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">nr 648/2012 (tillsynsförordningen),</P></TD>
<TD class="tr4 td85"><P class="p390 ft31">ningen),</P></TD>
</TR>
</TABLE>
<P class="p91 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft38">dotterföretag</SPAN>: sådant företag som avses i artikel 4.1.16 i tillsyns- förordningen,</P>
<P class="p65 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft38">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p391 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft38">ESRB</SPAN>: Europeiska systemrisknämnden enligt Europaparlamentets och rådets förordning (EU) nr 1092/2010 av den 24 november 2010 om makro- tillsyn av det finansiella systemet på <NOBR>EU-nivå</NOBR> och om inrättande av en europeisk systemrisknämnd,</P>
<P class="p91 ft3"><SPAN class="ft2">5.</SPAN><SPAN class="ft38">finansiella moderholdingföretag inom EES</SPAN><SPAN class="ft2">: företag som avses i artikel 4.1.31 i tillsynsförordningen,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD colspan=2 class="tr5 td254"><P class="p39 ft2">6. <SPAN class="ft24">institut</SPAN>: kreditinstitut</P></TD>
<TD class="tr5 td230"><P class="p30 ft2">enligt</P></TD>
<TD class="tr5 td72"><P class="p48 ft3"><SPAN class="ft2">6. </SPAN><SPAN class="ft24">institut</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=2 class="tr5 td173"><P class="p35 ft2">kreditinstitut</P></TD>
<TD class="tr5 td139"><P class="p204 ft2">enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft3">lagen (2004:297) om</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p30 ft3">bank- och</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p1 ft3">lagen (2014:968) om särskild till-</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft3">finansieringsrörelse,</P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p107 ft21">Svenska</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p1 ft3">syn över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft21">skeppshypotekskassan</P></TD>
<TD class="tr4 td69"><P class="p79 ft3">och</P></TD>
<TD class="tr4 td230"><P class="p107 ft3">värde-</P></TD>
<TD colspan=2 class="tr4 td112"><P class="p1 ft3">pappersbolag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td139"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td99"><P class="p18 ft3">pappersbolag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td139"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p39 ft3"><SPAN class="ft2">7. </SPAN><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=4 class="tr4 td157"><P class="p39 ft3"><SPAN class="ft2">7. </SPAN><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td69"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td230"><P class="p107 ft2">rådets</P></TD>
<TD colspan=2 class="tr4 td112"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td139"><P class="p204 ft31">rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=4 class="tr5 td157"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">2013 om behörighet att utöva verk-</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p18 ft2">2013 om behörighet att utöva verk-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">samhet i kreditinstitut och om till-</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p18 ft2">samhet i kreditinstitut och om till-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">syn av kreditinstitut <SPAN class="ft3">och värde-</SPAN></P></TD>
<TD colspan=4 class="tr5 td157"><P class="p18 ft2">syn av kreditinstitut, om ändring av</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">pappersföretag</SPAN>, om ändring av</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p18 ft2">direktiv 2002/87/EG och om upp-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">direktiv 2002/87/EG och om upp-</P></TD>
<TD class="tr4 td72"><P class="p18 ft2">hävande av</P></TD>
<TD class="tr4 td177"><P class="p18 ft21">direktiven</P></TD>
<TD colspan=2 class="tr4 td209"><P class="p204 ft2">2006/48/EG</P></TD>
</TR>
<TR>
<TD class="tr31 td99"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse av</P></TD>
<TD class="tr31 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr31 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr31 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr31 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr31 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr31 td139"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr8 td99"><P class="p18 ft43">3 kap. 3 § 2020:1212</P></TD>
<TD class="tr8 td69"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td230"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td72"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td177"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td47"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td139"><P class="p18 ft9"> </P></TD>
</TR>
<TR>
<TD class="tr8 td99"><P class="p18 ft43">6 kap. 3 § 2020:1212.</P></TD>
<TD class="tr8 td69"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td230"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td72"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td177"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td47"><P class="p18 ft9"> </P></TD>
<TD rowspan=2 class="tr7 td139"><P class="p16 ft2">63</P></TD>
</TR>
<TR>
<TD class="tr5 td99"><P class="p18 ft27"><SPAN class="ft48">2 </SPAN>Senaste lydelse 2020:1212.</P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_64">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td255"><P class="p18 ft2">Prop. 2020/21:173 hävande av <SPAN class="ft3">direktiv</SPAN></P></TD>
<TD class="tr2 td74"><P class="p108 ft2">2006/48/EG</P></TD>
<TD class="tr2 td110"><P class="p18 ft2">och 2006/49/EG, i lydelsen enligt</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td111"><P class="p36 ft2">och 2006/49/EG, i lydelsen enligt</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td255"><P class="p36 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td74"><P class="p108 ft2">och rådets</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">direktiv (EU) <SPAN class="ft3">2019/2034</SPAN>,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td111"><P class="p36 ft2">direktiv (EU) <SPAN class="ft3">2019/878</SPAN>,</P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p180 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft53">kärnprimärkapital</SPAN>: kapital som avses i artikel 50 i tillsynsför- ordningen,</P>
<P class="p180 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft53">moderinstitut inom EES</SPAN>: företag som avses i artikel 4.1.29 i tillsyns- förordningen,</P>
<P class="p180 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft38">primärkapital</SPAN>: primärkapital som avses i artikel 4.1.101 i tillsyns- förordningen,</P>
<P class="p96 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft38">på grupp- eller undergruppsnivå</SPAN>: det sätt som institut i enlighet med bestämmelser om tillsyn på gruppnivå i artiklarna <NOBR>6–24</NOBR> i tillsynsförord- ningen ska uppfylla ställda krav,</P>
<P class="p98 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft38">systemrisk</SPAN>: risk för en störning i det finansiella systemet som kan få allvarliga negativa konsekvenser för det finansiella systemet och samhälls- ekonomin,</P>
<P class="p180 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft38">systemviktigt institut</SPAN>: ett institut vars fallissemang eller bristande funktion kan leda till systemrisk,</P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD colspan=2 class="tr5 td109"><P class="p39 ft3"><SPAN class="ft2">14. </SPAN><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">: Europa-</SPAN></P></TD>
<TD colspan=2 class="tr5 td110"><P class="p16 ft3"><SPAN class="ft2">14. </SPAN><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">: Europa-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">(EU) nr 575/2013 av den 26 juni</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">(EU) nr 575/2013 av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p18 ft3"><SPAN class="ft2">institut </SPAN>och värdepappersföretag <SPAN class="ft2">och</SPAN></P></TD>
<TD colspan=2 class="tr5 td110"><P class="p16 ft2">institut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">om ändring av förordning (EU) nr</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p18 ft2">förordning (EU) nr 648/2012,</P></TD>
</TR>
<TR>
<TD class="tr4 td118"><P class="p18 ft2">648/2012,</P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p39 ft3"><SPAN class="ft2">15. </SPAN><SPAN class="ft24">totalt riskvägt exponerings-</SPAN></P></TD>
<TD class="tr5 td35"><P class="p24 ft3"><SPAN class="ft2">15. </SPAN><SPAN class="ft24">totalt</SPAN></P></TD>
<TD class="tr5 td26"><P class="p16 ft24">riskvägt exponerings-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft24">belopp</SPAN>: det belopp som avses i</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2"><SPAN class="ft24">belopp</SPAN>: det belopp som avses i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">artikel 92 i tillsynsförordningen,</P></TD>
<TD class="tr4 td35"><P class="p1 ft2">artikel 92</P></TD>
<TD class="tr4 td26"><P class="p16 ft2">i tillsynsförordningen,</P></TD>
</TR>
<TR>
<TD class="tr5 td118"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p1 ft3">och</P></TD>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td118"><P class="p39 ft3">16. <SPAN class="ft24">värdepappersbolag</SPAN>:</P></TD>
<TD class="tr4 td102"><P class="p108 ft3">ett</P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td118"><P class="p18 ft3">värdepappersföretag som</P></TD>
<TD class="tr4 td102"><P class="p108 ft3">avses i</P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p18 ft3">artikel 4.1.2 i tillsynsförordningen</P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft3">när det är ett svenskt aktiebolag,</P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td118"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p39 ft3">17. <SPAN class="ft24">värdeöverföringar kopplade</SPAN></P></TD>
<TD colspan=2 class="tr5 td110"><P class="p16 ft3">16. <SPAN class="ft24">värdeöverföringar kopplade</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td118"><P class="p18 ft3"><SPAN class="ft24">till kärnprimärkapitalet</SPAN>:</P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td110"><P class="p1 ft3"><SPAN class="ft24">till kärnprimärkapitalet</SPAN>:</P></TD>
</TR>
</TABLE>
<P class="p99 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">utbetalning i form av en kontant utdelning,</SPAN></P>
<P class="p96 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">fondemission eller partiell fondemission eller överföring eller utdel- ning av helt eller delvis betalda fondaktier eller andra kapitalinstrument som anges i artikel 26.1 a i tillsynsförordningen,</SPAN></P>
<P class="p180 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft33">inlösen eller uppköp av egna aktier eller andelar eller andra kapital- instrument som anges i artikel 26.1 a i tillsynsförordningen,</SPAN></P>
<P class="p180 ft2"><SPAN class="ft2">d)</SPAN><SPAN class="ft33">återbetalning av belopp som utbetalas med anknytning till kapital- instrument som anges i artikel 26.1 a i tillsynsförordningen,</SPAN></P>
<P class="p259 ft2"><SPAN class="ft2">e)</SPAN><SPAN class="ft33">en överföring eller utdelning av poster som avses i artikel 26.1 </SPAN><NOBR>b–e</NOBR> i tillsynsförordningen.</P>
<P class="p392 ft2">64</P>
</DIV>
<DIV id="page_65">
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr2 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td22"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td187"><P class="p393 ft22">6 kap.</P></TD>
<TD class="tr2 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td254"><P class="p16 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr4 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td187"><P class="p394 ft2">7 §<SPAN class="ft20">3</SPAN></P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td254"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">Ett institut ska ha metoder som</P></TD>
<TD colspan=4 class="tr4 td223"><P class="p204 ft2">Ett institut ska ha metoder som</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">gör det möjligt att i enlighet med</P></TD>
<TD colspan=4 class="tr4 td223"><P class="p204 ft2">gör det möjligt att i enlighet med</P></TD>
</TR>
<TR>
<TD class="tr5 td71"><P class="p18 ft2">föreskrifter</P></TD>
<TD colspan=2 class="tr5 td14"><P class="p249 ft2">som meddelats med</P></TD>
<TD class="tr5 td71"><P class="p18 ft2">föreskrifter</P></TD>
<TD class="tr5 td69"><P class="p18 ft2">som</P></TD>
<TD colspan=2 class="tr5 td256"><P class="p204 ft2">meddelats med</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">stöd av 10 kap. 1 § <SPAN class="ft3">11 </SPAN>fortlöpande</P></TD>
<TD colspan=2 class="tr4 td145"><P class="p18 ft2">stöd av 10 kap.</P></TD>
<TD colspan=2 class="tr4 td256"><P class="p204 ft2">1 § <SPAN class="ft3">9 </SPAN>fortlöpande</P></TD>
</TR>
<TR>
<TD class="tr4 td71"><P class="p18 ft2">beräkna</P></TD>
<TD class="tr4 td22"><P class="p79 ft2">institutets</P></TD>
<TD class="tr4 td53"><P class="p249 ft31">högsta</P></TD>
<TD class="tr4 td71"><P class="p18 ft2">beräkna</P></TD>
<TD colspan=2 class="tr4 td144"><P class="p79 ft2">institutets</P></TD>
<TD class="tr4 td254"><P class="p204 ft31">högsta</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td239"><P class="p18 ft2">förfogandebelopp.</P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td240"><P class="p18 ft2">förfogandebelopp.</P></TD>
<TD class="tr5 td254"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 class="t50">
<TR>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td37"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td186"><P class="p395 ft22">8 kap.</P></TD>
<TD class="tr16 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td186"><P class="p396 ft2">1 §<SPAN class="ft20">4</SPAN></P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td86"><P class="p39 ft2">Ett institut som inte uppfyller det</P></TD>
<TD colspan=2 class="tr4 td163"><P class="p44 ft2">kombinerade buffertkravet</P></TD>
<TD class="tr4 td126"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td125"><P class="p18 ft2">2 kap.</P></TD>
<TD colspan=2 class="tr4 td152"><P class="p18 ft2">2 § eller kravet på</P></TD>
<TD colspan=2 class="tr4 td186"><P class="p18 ft2">bruttosoliditetsbuffert enligt</P></TD>
<TD colspan=2 class="tr4 td129"><P class="p16 ft2">artikel 92.1a i</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td257"><P class="p18 ft2">tillsynsförordningen ska till Finansinspektionen</P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td86"><P class="p249 ft2">1. i enlighet med föreskrifter som</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">1. i enlighet med föreskrifter som</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td202"><P class="p18 ft2">meddelats med stöd</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p249 ft2">av 10 kap.</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">meddelats med stöd av 10 kap.</P></TD>
</TR>
<TR>
<TD class="tr5 td125"><P class="p18 ft2">1 § <SPAN class="ft3">11</SPAN></P></TD>
<TD class="tr5 td65"><P class="p81 ft2">rapportera</P></TD>
<TD class="tr5 td37"><P class="p18 ft2">högsta</P></TD>
<TD class="tr5 td149"><P class="p249 ft2">för-</P></TD>
<TD class="tr5 td120"><P class="p18 ft2">1 § <SPAN class="ft3">9 </SPAN>rapportera</P></TD>
<TD class="tr5 td98"><P class="p44 ft2">högsta</P></TD>
<TD class="tr5 td126"><P class="p16 ft2">för-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td202"><P class="p18 ft2">fogandebelopp, och</P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td120"><P class="p18 ft2">fogandebelopp, och</P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p89 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">inom fem arbetsdagar från den dag då det konstaterades att buffert- kravet inte är uppfyllt lämna in en kapitalkonserveringsplan som visar hur institutet inom rimlig tid åter ska uppnå kravet.</SPAN></P>
<P class="p89 ft2">Om det med beaktande av arten och omfattningen av institutets verk- samhet finns skäl för det, får Finansinspektionen medge att kapital- konserveringsplanen ges in till inspektionen inom högst tio arbetsdagar.</P>
<P class="p397 ft22"><SPAN class="ft35">10</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN><SPAN class="ft20">5</SPAN></P>
<P class="p91 ft2">Regeringen eller den myndighet som regeringen bestämmer får meddela föreskrifter om</P>
<P class="p398 ft3"><SPAN class="ft3">1.</SPAN><SPAN class="ft38">kriterier för vilka värde- pappersbolag som enligt 3 kap. 3 § får undantas från kravet att upp- rätthålla en kapitalkonserverings- buffert,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t24">
<TR>
<TD colspan=3 class="tr16 td86"><P class="p249 ft2"><SPAN class="ft3">2</SPAN>. de principer som ska beaktas</P></TD>
<TD colspan=3 class="tr16 td90"><P class="p16 ft2"><SPAN class="ft3">1</SPAN>. de principer som ska beaktas</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">vid fastställandet och graderingen</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">vid fastställandet och graderingen</P></TD>
</TR>
<TR>
<TD class="tr4 td135"><P class="p18 ft2">av</P></TD>
<TD class="tr4 td172"><P class="p18 ft2">systemriskbufferten</P></TD>
<TD class="tr4 td98"><P class="p249 ft2">enligt</P></TD>
<TD class="tr4 td135"><P class="p18 ft2">av</P></TD>
<TD class="tr4 td172"><P class="p18 ft2">systemriskbufferten</P></TD>
<TD class="tr4 td126"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td163"><P class="p18 ft2">4 kap. 1 §,</P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td163"><P class="p18 ft2">4 kap. 1 §,</P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2"><SPAN class="ft3">3</SPAN>. fastställandet av geografisk</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2"><SPAN class="ft3">2</SPAN>. fastställandet av geografisk</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">tillhörighet hos exponeringar av-</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">tillhörighet hos exponeringar av-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td163"><P class="p18 ft2">seende systemriskbufferten</P></TD>
<TD class="tr5 td98"><P class="p249 ft2">samt</P></TD>
<TD colspan=2 class="tr5 td163"><P class="p18 ft2">seende systemriskbufferten</P></TD>
<TD class="tr5 td126"><P class="p16 ft2">samt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">hur de geografiska systemrisk-</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">hur de geografiska systemrisk-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p18 ft2">buffertkraven ska sammanvägas,</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p18 ft2">buffertkraven ska sammanvägas,</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td86"><P class="p249 ft2"><SPAN class="ft3">4</SPAN>. hur systemriskbufferten ska</P></TD>
<TD colspan=3 class="tr5 td90"><P class="p16 ft2"><SPAN class="ft3">3</SPAN>. hur systemriskbufferten ska</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">beräknas enligt 4 kap. 2 § och vilka</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">beräknas enligt 4 kap. 2 § och vilka</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p18 ft2">exponeringar bufferten får gälla,</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p18 ft2">exponeringar bufferten får gälla,</P></TD>
</TR>
</TABLE>
<P class="p399 ft59"><SPAN class="ft25">3</SPAN><SPAN class="ft58">Senaste lydelse 2020:1212.</SPAN></P>
<P class="p14 ft72"><SPAN class="ft25">4</SPAN><SPAN class="ft71">Senaste lydelse 2020:1212.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t17">
<TR>
<TD class="tr16 td13"><P class="p18 ft29"><SPAN class="ft28">5 </SPAN>Senaste lydelse 2020:1212.</P></TD>
<TD class="tr16 td52"><P class="p16 ft2">65</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_66">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td199"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD colspan=5 class="tr2 td63"><P class="p39 ft2"><SPAN class="ft3">5</SPAN>. bedömningsgrunder för när ett</P></TD>
<TD colspan=3 class="tr2 td64"><P class="p16 ft2"><SPAN class="ft3">4</SPAN>. bedömningsgrunder för när ett</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">institut ska utses till globalt system-</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p73 ft31">institut ska utses till globalt system-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">viktigt eller ska flyttas till en högre</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p73 ft2">viktigt eller ska flyttas till en högre</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td78"><P class="p18 ft2">kategori av globalt</P></TD>
<TD colspan=3 class="tr4 td144"><P class="p186 ft2">systemviktiga</P></TD>
<TD class="tr4 td99"><P class="p73 ft2">kategori av globalt</P></TD>
<TD colspan=2 class="tr4 td235"><P class="p16 ft2">systemviktiga</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td158"><P class="p18 ft2">institut,</P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td99"><P class="p73 ft2">institut,</P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td63"><P class="p39 ft2"><SPAN class="ft3">6</SPAN>. hur övriga systemviktiga insti-</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p16 ft2"><SPAN class="ft3">5</SPAN>. hur övriga systemviktiga insti-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">tut ska identifieras och hur bedöm-</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p73 ft2">tut ska identifieras och hur bedöm-</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td63"><P class="p18 ft2">ning av tillhörande kapitalbuffert-</P></TD>
<TD colspan=3 class="tr5 td64"><P class="p73 ft2">ning av tillhörande kapitalbuffert-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft2">krav ska ske</P></TD>
<TD class="tr4 td140"><P class="p18 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p16 ft2">5 kap.</P></TD>
<TD class="tr4 td98"><P class="p186 ft2">3 och</P></TD>
<TD class="tr4 td99"><P class="p73 ft2">krav ska ske enligt</P></TD>
<TD class="tr4 td140"><P class="p79 ft2">5 kap.</P></TD>
<TD class="tr4 td125"><P class="p16 ft2">3 och</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft2">4 §§,</P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p73 ft2">4 §§,</P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td63"><P class="p39 ft2"><SPAN class="ft3">7</SPAN>. vilka kreditexponeringar som i</P></TD>
<TD colspan=3 class="tr5 td64"><P class="p16 ft2"><SPAN class="ft3">6</SPAN>. vilka kreditexponeringar som i</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">enlighet med 6 kap. 1 § ska beaktas</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p73 ft2">enlighet med 6 kap. 1 § ska beaktas</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">vid beräkningen av den kontra-</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p73 ft2">vid beräkningen av den kontra-</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td245"><P class="p18 ft2">cykliska kapitalbufferten,</P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td258"><P class="p73 ft2">cykliska kapitalbufferten,</P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td78"><P class="p39 ft2"><SPAN class="ft3">8. </SPAN>beräkningen av</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p292 ft2">det</P></TD>
<TD class="tr4 td98"><P class="p186 ft2">viktade</P></TD>
<TD class="tr4 td99"><P class="p17 ft2"><SPAN class="ft3">7. </SPAN>beräkningen av</P></TD>
<TD class="tr4 td140"><P class="p73 ft2">det</P></TD>
<TD class="tr4 td125"><P class="p16 ft2">viktade</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">genomsnittet av de kontracykliska</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p73 ft2">genomsnittet av de kontracykliska</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td63"><P class="p18 ft2">buffertvärdena enligt 6 kap. 1 §,</P></TD>
<TD colspan=3 class="tr5 td64"><P class="p73 ft2">buffertvärdena enligt 6 kap. 1 §,</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p39 ft3">9. kriterier</P></TD>
<TD class="tr4 td140"><P class="p80 ft3">för</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p292 ft21">vilka</P></TD>
<TD class="tr4 td98"><P class="p186 ft3">värde-</P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td63"><P class="p18 ft3">pappersbolag som enligt 6 kap. 3 §</P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td63"><P class="p18 ft3">får undantas från kravet att upp-</P></TD>
<TD class="tr5 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td63"><P class="p18 ft3">rätthålla en kontracyklisk kapital-</P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft3">buffert,</P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td63"><P class="p39 ft2"><SPAN class="ft3">10</SPAN>. skyldighet för instituten att</P></TD>
<TD colspan=3 class="tr5 td64"><P class="p16 ft2"><SPAN class="ft3">8</SPAN>. skyldighet för instituten att</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">ange sina kreditexponeringars geo-</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p73 ft2">ange sina kreditexponeringars geo-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td78"><P class="p18 ft2">grafiska område,</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p73 ft2">grafiska område,</P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td63"><P class="p39 ft2"><SPAN class="ft3">11</SPAN>. hur högsta förfogandebelopp</P></TD>
<TD colspan=3 class="tr5 td64"><P class="p16 ft2"><SPAN class="ft3">9</SPAN>. hur högsta förfogandebelopp</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">enligt 8 kap. 1 § ska beräknas och</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p73 ft2">enligt 8 kap. 1 § ska beräknas och</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft2">rapporteras,</P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p73 ft2">rapporteras,</P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td63"><P class="p39 ft2"><SPAN class="ft3">12</SPAN>. de krav som en kapital-</P></TD>
<TD colspan=3 class="tr5 td64"><P class="p16 ft2"><SPAN class="ft3">10</SPAN>. de krav som en kapital-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">konserveringsplan enligt 8 kap. 1 §</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p73 ft2">konserveringsplan enligt 8 kap. 1 §</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td78"><P class="p18 ft2">ska uppfylla, och</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p73 ft2">ska uppfylla, och</P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td63"><P class="p39 ft2"><SPAN class="ft3">13</SPAN>. underrättelseskyldigheten</P></TD>
<TD colspan=3 class="tr5 td64"><P class="p17 ft2"><SPAN class="ft3">11</SPAN>. underrättelseskyldigheten</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td78"><P class="p18 ft2">enligt 8 kap. 5 §.</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p73 ft2">enligt 8 kap. 5 §.</P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr14 td259"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td260"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td261"><P class="p18 ft69"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p400 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<P class="p401 ft2">66</P>
</DIV>
<DIV id="page_67">
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR height=0>
<TD width=41px></TD>
<TD width=163px></TD>
<TD width=202px></TD>
<TD width=99px></TD>
</TR>
<TR>
<TD class="tr32 td171"><P class="p18 ft18">2.4</P></TD>
<TD colspan=2 class="tr32 td253"><P class="p17 ft18">Förslag till lag om ändring i</P></TD>
<TD class="tr32 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr33 td171"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr33 td253"><P class="p17 ft18">kreditupplysningslagen (1973:1173)</P></TD>
<TD class="tr33 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr11 td81"><P class="p18 ft2">Härigenom föreskrivs att 11 § kreditupplysningslagen (1973:1173)<SPAN class="ft20">1 </SPAN>ska ha</P></TD>
<TD class="tr11 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">följande lydelse.</P></TD>
<TD class="tr4 td228"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr18 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr18 td228"><P class="p18 ft3">Föreslagen lydelse</P></TD>
<TD class="tr18 td49"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p402 ft2">11 §<SPAN class="ft20">2</SPAN></P>
<P class="p89 ft2">När en kreditupplysning om en fysisk person lämnas ut, ska till den som avses med upplysningen samtidigt och kostnadsfritt sändas ett skriftligt meddelande om</P>
<P class="p89 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">vem som bedriver kreditupplysningsverksamheten och kontaktuppgifter till dataskyddsombudet, om ett sådant ombud krävs enligt artikel 37 i EU:s dataskyddsförordning,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">ändamålen med och den rättsliga grunden för behandlingen,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">vilka kategorier av personuppgifter som behandlas, varifrån upp- gifterna hämtats och hur länge uppgifterna kommer att lagras,</SPAN></P>
<P class="p91 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">de uppgifter, omdömen och råd som upplysningen innehåller om honom eller henne,</SPAN></P>
<P class="p91 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">möjligheten att få tillgång till och rättelse av de uppgifter som rör honom eller henne,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">vilka kategorier av mottagare som kan ta del av personuppgifterna och vem som har begärt upplysningen, och</SPAN></P>
<P class="p91 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">möjligheten att framställa klagomål till Integritetsskydds- myndigheten.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD colspan=4 class="tr5 td50"><P class="p108 ft2">Om kreditupplysningen lämnas</P></TD>
<TD class="tr5 td125"><P class="p39 ft2">Om</P></TD>
<TD colspan=3 class="tr5 td120"><P class="p18 ft2">kreditupplysningen</P></TD>
<TD colspan=2 class="tr5 td115"><P class="p204 ft2">lämnas</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">ut till ett svenskt kreditinstitut eller</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">ut till ett svenskt kreditinstitut eller</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">värdepappersbolag<SPAN class="ft2">, eller till ett</SPAN></P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft3">ett bolag som avses i 1 kap. 2 §</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">motsvarande utländskt företag, för</P></TD>
<TD class="tr4 td125"><P class="p18 ft3">första</P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td184"><P class="p204 ft3">stycket 7 <NOBR>c–f</NOBR></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">att användas endast som underlag</P></TD>
<TD colspan=6 class="tr5 td157"><P class="p18 ft3">lagen (2014:968) om särskild till-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">för beräkning av kapitalkravet för</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft3">syn över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">kreditrisker med en sådan metod</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2"><SPAN class="ft3">pappersbolag</SPAN>, eller till ett mot-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">som avses i artikel 143.1 i Europa-</P></TD>
<TD colspan=6 class="tr5 td157"><P class="p18 ft2">svarande utländskt företag, för att</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">användas endast som underlag för</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td232"><P class="p18 ft2">(EU) nr 575/2013</P></TD>
<TD class="tr4 td51"><P class="p108 ft2">av den 26 juni</P></TD>
<TD colspan=2 class="tr4 td7"><P class="p18 ft2">beräkning</P></TD>
<TD class="tr4 td69"><P class="p80 ft2">av</P></TD>
<TD colspan=2 class="tr4 td22"><P class="p271 ft2">kapitalkravet</P></TD>
<TD class="tr4 td234"><P class="p204 ft2">för</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD colspan=6 class="tr5 td157"><P class="p18 ft2">kreditrisker med en sådan metod</P></TD>
</TR>
<TR>
<TD class="tr4 td160"><P class="p18 ft2">institut</P></TD>
<TD class="tr4 td126"><P class="p18 ft3">och</P></TD>
<TD colspan=2 class="tr4 td172"><P class="p108 ft21">värdepappersföretag</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">som avses i artikel 143.1 i Europa-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td65"><P class="p18 ft2">nr 648/2012,</P></TD>
<TD class="tr5 td123"><P class="p81 ft2">får</P></TD>
<TD class="tr5 td51"><P class="p107 ft2">meddelandet</P></TD>
<TD colspan=4 class="tr5 td262"><P class="p18 ft2">(EU) nr 575/2013 av den</P></TD>
<TD colspan=2 class="tr5 td115"><P class="p204 ft2">26 juni</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">sändas senare men utan onödigt</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD class="tr4 td160"><P class="p18 ft2">dröjsmål</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p160 ft2">och</P></TD>
<TD class="tr4 td51"><P class="p107 ft2">begränsas till</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">institut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">information enligt första stycket 1,</P></TD>
<TD colspan=2 class="tr5 td7"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr5 td100"><P class="p79 ft2">(EU) nr 648/2012,</P></TD>
<TD class="tr5 td234"><P class="p204 ft2">får</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">2 och 6. Om den som avses med</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">meddelandet sändas senare men</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">upplysningen begär det, ska även</P></TD>
<TD class="tr4 td125"><P class="p18 ft2">utan</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p37 ft2">onödigt</P></TD>
<TD class="tr4 td55"><P class="p403 ft2">dröjsmål</P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td234"><P class="p204 ft31">och</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">information enligt 3, 4, 5 och 7</P></TD>
<TD colspan=2 class="tr5 td7"><P class="p18 ft2">begränsas</P></TD>
<TD class="tr5 td69"><P class="p18 ft2">till</P></TD>
<TD class="tr5 td55"><P class="p18 ft2">information</P></TD>
<TD colspan=2 class="tr5 td115"><P class="p204 ft2">enligt</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">sändas till honom eller henne.</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">första stycket 1, 2 och 6. Om den</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr34 td50"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Lagen omtryckt 1981:737.</P></TD>
<TD class="tr34 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr34 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr34 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr34 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr34 td143"><P class="p18 ft5"> </P></TD>
<TD rowspan=2 class="tr35 td234"><P class="p16 ft2">67</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2020:1109.</P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_68">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td199"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td263"><P class="p16 ft2">som avses med upplysningen begär</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td263"><P class="p16 ft2">det, ska även information enligt 3,</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td263"><P class="p16 ft2">4, 5 och 7 sändas till honom eller</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td263"><P class="p404 ft2">henne.</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p16 ft2">Första och andra styckena gäller också när en kreditupplysning lämnas</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">om ett handelsbolag eller kommanditbolag.</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p16 ft2"><NOBR>Första–tredje</NOBR> styckena gäller inte kreditupplysningar som lämnas</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p16 ft2">genom offentliggörande på ett sådant sätt som avses i tryckfrihets-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p16 ft2">förordningen eller yttrandefrihetsgrundlagen, utom när upplysningarna</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p16 ft2">tillhandahålls ur en databas enligt 1 kap. 4 § yttrandefrihetsgrundlagen på</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">sätt som avses i den paragrafens första stycke 2 <NOBR>a–c.</NOBR></P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr14 td264"><P class="p18 ft69"> </P></TD>
<TD class="tr4 td263"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr18 td103"><P class="p405 ft2">Denna lag träder i kraft den 26 juni 2021.</P></TD>
</TR>
</TABLE>
<P class="p406 ft2">68</P>
</DIV>
<DIV id="page_69">
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr32 td190"><P class="p18 ft18">2.5</P></TD>
<TD colspan=10 class="tr32 td265"><P class="p31 ft18">Förslag till lag om ändring i lagen (1980:1097) <SPAN class="ft73">Prop. 2020/21:173</SPAN></P></TD>
</TR>
<TR>
<TD class="tr33 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr33 td266"><P class="p31 ft18">om Svenska skeppshypotekskassan</P></TD>
<TD class="tr33 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td267"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=11 class="tr11 td237"><P class="p18 ft2">Härigenom föreskrivs att 3 a § lagen (1980:1097) om Svenska skepps-</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td189"><P class="p18 ft2">hypotekskassan ska ha följande lydelse.</P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td267"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr18 td197"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr18 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td126"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr18 td112"><P class="p18 ft3">Föreslagen lydelse</P></TD>
<TD class="tr18 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td267"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr15 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td53"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr15 td67"><P class="p73 ft2">3 a §<SPAN class="ft20">1</SPAN></P></TD>
<TD class="tr15 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td267"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p108 ft2">Av lagen (2014:968) om särskild</P></TD>
<TD colspan=5 class="tr4 td157"><P class="p204 ft2">Av lagen (2014:968) om särskild</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">tillsyn över kreditinstitut och värde-</P></TD>
<TD colspan=5 class="tr4 td157"><P class="p18 ft2">tillsyn över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">pappersbolag och lagen (2014:966)</P></TD>
<TD colspan=5 class="tr4 td157"><P class="p18 ft2">pappersbolag och lagen (2014:966)</P></TD>
</TR>
<TR>
<TD class="tr5 td190"><P class="p18 ft2">om</P></TD>
<TD colspan=3 class="tr5 td138"><P class="p18 ft2">kapitalbuffertar</P></TD>
<TD class="tr5 td53"><P class="p18 ft2">framgår</P></TD>
<TD class="tr5 td126"><P class="p107 ft2">att</P></TD>
<TD class="tr5 td190"><P class="p18 ft2">om</P></TD>
<TD colspan=2 class="tr5 td145"><P class="p18 ft2">kapitalbuffertar</P></TD>
<TD class="tr5 td122"><P class="p18 ft2">framgår</P></TD>
<TD class="tr5 td267"><P class="p204 ft2">att</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">lagarna och bestämmelser i Europa-</P></TD>
<TD colspan=5 class="tr4 td157"><P class="p18 ft2">lagarna och bestämmelser i Europa-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=2 class="tr4 td49"><P class="p18 ft2">parlamentets och</P></TD>
<TD colspan=3 class="tr4 td228"><P class="p204 ft31">rådets förordning</P></TD>
</TR>
<TR>
<TD class="tr5 td190"><P class="p18 ft2">(EU)</P></TD>
<TD colspan=2 class="tr5 td65"><P class="p43 ft2">nr 575/2013</P></TD>
<TD class="tr5 td181"><P class="p18 ft2">av</P></TD>
<TD colspan=2 class="tr5 td74"><P class="p108 ft2">den 26 juni</P></TD>
<TD class="tr5 td190"><P class="p18 ft2">(EU)</P></TD>
<TD class="tr5 td32"><P class="p32 ft2">nr 575/2013</P></TD>
<TD class="tr5 td31"><P class="p37 ft2">av</P></TD>
<TD colspan=2 class="tr5 td209"><P class="p204 ft2">den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD colspan=5 class="tr4 td157"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td65"><P class="p18 ft2">institut <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=4 class="tr4 td172"><P class="p107 ft21">värdepappersföretag</P></TD>
<TD colspan=5 class="tr4 td157"><P class="p18 ft2">institut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td50"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
<TD colspan=2 class="tr5 td49"><P class="p18 ft2">förordning (EU)</P></TD>
<TD colspan=2 class="tr5 td222"><P class="p18 ft2">nr 648/2012</P></TD>
<TD class="tr5 td267"><P class="p204 ft2">ska</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td65"><P class="p18 ft2">nr 648/2012</P></TD>
<TD class="tr4 td190"><P class="p1 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p32 ft2">tillämpas</P></TD>
<TD class="tr4 td126"><P class="p107 ft2">för</P></TD>
<TD colspan=5 class="tr4 td157"><P class="p18 ft2">tillämpas för Svenska skeppshypo-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td200"><P class="p18 ft31">Svenska skeppshypotekskassan.</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td49"><P class="p18 ft2">tekskassan.</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td267"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td268"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td269"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td268"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td270"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td267"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p407 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 class="t51">
<TR>
<TD class="tr2 td82"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2014:971.</P></TD>
<TD class="tr2 td83"><P class="p16 ft2">69</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_70">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD colspan=2 class="tr19 td271"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft74">2.6</SPAN></P></TD>
<TD colspan=12 class="tr19 td272"><P class="p35 ft18">Förslag till lag om ändring i sparbankslagen</P></TD>
</TR>
<TR>
<TD class="tr33 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr33 td136"><P class="p35 ft18">(1987:619)</P></TD>
<TD class="tr33 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr11 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=13 class="tr11 td103"><P class="p18 ft2">Härigenom föreskrivs att 9 kap. 1 § sparbankslagen (1987:619)<SPAN class="ft20">1 </SPAN>ska ha</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td57"><P class="p18 ft2">följande lydelse.</P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr18 td57"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr18 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td156"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr18 td197"><P class="p18 ft3">Föreslagen lydelse</P></TD>
<TD class="tr18 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td204"><P class="p408 ft22">9 kap.</P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td204"><P class="p409 ft2">1 §<SPAN class="ft20">2</SPAN></P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">En stiftare, huvudman, styrelse-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">En stiftare, huvudman, styrelse-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">ledamot eller delegat, som när han</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">ledamot eller delegat, som när han</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">eller hon fullgör sitt uppdrag</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">eller hon fullgör sitt uppdrag</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td32"><P class="p18 ft2">uppsåtligen</P></TD>
<TD class="tr4 td140"><P class="p292 ft2">eller</P></TD>
<TD colspan=2 class="tr4 td141"><P class="p18 ft2">av</P></TD>
<TD colspan=2 class="tr4 td38"><P class="p108 ft2">oaktsamhet</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p18 ft2">uppsåtligen</P></TD>
<TD class="tr4 td140"><P class="p292 ft2">eller</P></TD>
<TD class="tr4 td181"><P class="p18 ft2">av</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p16 ft2">oaktsamhet</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">skadar en sparbank, ska ersätta</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">skadar en sparbank, ska ersätta</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td149"><P class="p18 ft2">skadan.</P></TD>
<TD colspan=4 class="tr5 td32"><P class="p32 ft2">Detsamma</P></TD>
<TD class="tr5 td12"><P class="p43 ft2">gäller</P></TD>
<TD class="tr5 td156"><P class="p108 ft2">när</P></TD>
<TD class="tr5 td18"><P class="p18 ft2">skadan.</P></TD>
<TD colspan=3 class="tr5 td32"><P class="p80 ft2">Detsamma</P></TD>
<TD class="tr5 td47"><P class="p80 ft2">gäller</P></TD>
<TD class="tr5 td135"><P class="p16 ft2">när</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft2">skadan</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p292 ft2">tillfogas</P></TD>
<TD colspan=3 class="tr4 td18"><P class="p32 ft2">någon</P></TD>
<TD class="tr4 td156"><P class="p108 ft31">annan</P></TD>
<TD class="tr4 td18"><P class="p18 ft2">skadan</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p292 ft2">tillfogas</P></TD>
<TD colspan=2 class="tr4 td18"><P class="p80 ft2">någon</P></TD>
<TD class="tr4 td135"><P class="p16 ft31">annan</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">genom överträdelse av denna lag,</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">genom överträdelse av denna lag,</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td187"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td12"><P class="p1 ft2">och</P></TD>
<TD class="tr5 td156"><P class="p108 ft31">rådets</P></TD>
<TD colspan=4 class="tr5 td99"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td135"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td32"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td140"><P class="p29 ft2">(EU)</P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td38"><P class="p108 ft2">nr 575/2013</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td140"><P class="p182 ft2">(EU)</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td101"><P class="p16 ft2">nr 575/2013</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">av den 26 juni 2013 om tillsynskrav</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">av den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">för kreditinstitut <SPAN class="ft3">och värde-</SPAN></P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">pappersföretag </SPAN>och om ändring av</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">förordning (EU) nr 648/2012, lagen</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td32"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td140"><P class="p247 ft2">(EU)</P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td38"><P class="p108 ft2">nr 648/2012,</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">(2014:968) om särskild tillsyn över</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">lagen (2014:968) om särskild tillsyn</P></TD>
<TD colspan=2 class="tr5 td222"><P class="p18 ft2">kreditinstitut</P></TD>
<TD class="tr5 td140"><P class="p207 ft2">och</P></TD>
<TD colspan=3 class="tr5 td22"><P class="p16 ft2">värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">över kreditinstitut och värdepappers-</P></TD>
<TD class="tr4 td18"><P class="p18 ft2">bolag,</P></TD>
<TD colspan=4 class="tr4 td197"><P class="p32 ft2">lagen (2014:966)</P></TD>
<TD class="tr4 td135"><P class="p16 ft2">om</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">bolag, lagen (2014:966) om kapital-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">kapitalbuffertar, tillämplig lag om</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">buffertar, tillämplig lag om års-</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">årsredovisning, lagen (2004:297) om</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td32"><P class="p18 ft2">redovisning,</P></TD>
<TD colspan=5 class="tr4 td161"><P class="p108 ft2">lagen (2004:297) om</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">bank- och finansieringsrörelse eller</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">bank- och finansieringsrörelse eller</P></TD>
<TD colspan=4 class="tr4 td99"><P class="p18 ft2">bankens reglemente.</P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td187"><P class="p18 ft2">bankens reglemente.</P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr14 td269"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td274"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td260"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td275"><P class="p18 ft69"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p400 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 class="t52">
<TR>
<TD rowspan=2 class="tr7 td36"><P class="p16 ft2">70</P></TD>
<TD class="tr4 td120"><P class="p29 ft39">1</P></TD>
<TD class="tr4 td66"><P class="p79 ft27">Lagen omtryckt 1996:1005.</P></TD>
</TR>
<TR>
<TD class="tr9 td120"><P class="p29 ft39">2</P></TD>
<TD class="tr9 td66"><P class="p79 ft27">Senaste lydelse 2014:972.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_71">
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR height=0>
<TD width=41px></TD>
<TD width=163px></TD>
<TD width=301px></TD>
</TR>
<TR>
<TD class="tr32 td171"><P class="p18 ft18">2.7</P></TD>
<TD colspan=2 class="tr32 td276"><P class="p17 ft18">Förslag till lag om ändring i lagen (1988:1385) <SPAN class="ft73">Prop. 2020/21:173</SPAN></P></TD>
</TR>
<TR>
<TD class="tr33 td171"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr33 td276"><P class="p17 ft18">om Sveriges riksbank</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr11 td237"><P class="p18 ft2">Härigenom föreskrivs att 4 kap. 4 a § lagen (1988:1385) om Sveriges riks-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr3 td50"><P class="p18 ft2">bank<SPAN class="ft20">1 </SPAN>ska ha följande lydelse.</P></TD>
<TD class="tr3 td157"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr1 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr1 td157"><P class="p18 ft3">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p410 ft22"><SPAN class="ft22">4</SPAN><SPAN class="ft23">kap.</SPAN></P>
<P class="p411 ft2">4 a §<SPAN class="ft20">2</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td75"><P class="p39 ft2">Om</P></TD>
<TD colspan=2 class="tr5 td71"><P class="p412 ft2">Riksbanken</P></TD>
<TD colspan=3 class="tr5 td127"><P class="p79 ft2">får</P></TD>
<TD colspan=2 class="tr5 td95"><P class="p44 ft2">kännedom</P></TD>
<TD colspan=4 class="tr5 td78"><P class="p206 ft2">Om Riksbanken</P></TD>
<TD colspan=2 class="tr5 td31"><P class="p32 ft2">får</P></TD>
<TD colspan=2 class="tr5 td183"><P class="p16 ft2">kännedom</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">om en sådan kritisk situation som</P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft2">om en sådan kritisk situation som</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td144"><P class="p18 ft2">avses i 6 kap.</P></TD>
<TD class="tr5 td113"><P class="p247 ft2">3 §</P></TD>
<TD colspan=5 class="tr5 td173"><P class="p186 ft2">andra stycket</P></TD>
<TD class="tr5 td114"><P class="p77 ft2">avses</P></TD>
<TD colspan=2 class="tr5 td67"><P class="p43 ft2">i 6 kap.</P></TD>
<TD class="tr5 td181"><P class="p16 ft2">3 §</P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td140"><P class="p18 ft2">andra</P></TD>
<TD class="tr5 td171"><P class="p16 ft2">stycket</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr16 td150"><P class="p18 ft2">lagen (2014:968)</P></TD>
<TD colspan=3 class="tr16 td127"><P class="p79 ft2">om</P></TD>
<TD colspan=2 class="tr16 td95"><P class="p186 ft2">särskild</P></TD>
<TD colspan=4 class="tr16 td78"><P class="p77 ft2">lagen (2014:968)</P></TD>
<TD colspan=2 class="tr16 td31"><P class="p32 ft2">om</P></TD>
<TD class="tr16 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td171"><P class="p16 ft2">särskild</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">tillsyn över kreditinstitut och värde-</P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft31">tillsyn över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td144"><P class="p18 ft2">pappersbolag,</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p39 ft2">ska</P></TD>
<TD class="tr5 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td4"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td95"><P class="p44 ft31">Riksbanken</P></TD>
<TD colspan=3 class="tr5 td130"><P class="p77 ft2">pappersbolag,</P></TD>
<TD colspan=2 class="tr5 td123"><P class="p80 ft2">ska</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td183"><P class="p16 ft31">Riksbanken</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">omgående underrätta berörda myn-</P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft2">omgående underrätta berörda myn-</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">digheter inom EES med ansvar för</P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft2">digheter inom EES med ansvar för</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td144"><P class="p18 ft2">gruppbaserad</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p1 ft2">tillsyn</P></TD>
<TD class="tr5 td277"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td156"><P class="p32 ft2">enligt</P></TD>
<TD class="tr5 td190"><P class="p44 ft2">arti-</P></TD>
<TD colspan=7 class="tr5 td236"><P class="p77 ft2">gruppbaserad tillsyn enligt</P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft2">kel 111</P></TD>
<TD colspan=6 class="tr16 td267"><P class="p73 ft2">i Europaparlamentets</P></TD>
<TD class="tr16 td190"><P class="p44 ft2">och</P></TD>
<TD colspan=8 class="tr16 td63"><P class="p16 ft2"><SPAN class="ft3">1. </SPAN>artikel 111 i Europaparlamentets</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">rådets direktiv 2013/36/EU av den</P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft2">och rådets direktiv 2013/36/EU av</P></TD>
</TR>
<TR>
<TD class="tr5 td75"><P class="p18 ft2">26 juni</P></TD>
<TD class="tr5 td155"><P class="p73 ft2">2013</P></TD>
<TD class="tr5 td113"><P class="p246 ft2">om</P></TD>
<TD colspan=4 class="tr5 td183"><P class="p1 ft2">behörighet</P></TD>
<TD class="tr5 td190"><P class="p186 ft2">att</P></TD>
<TD colspan=8 class="tr5 td63"><P class="p77 ft2">den 26 juni 2013 om behörighet att</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft2">utöva</P></TD>
<TD colspan=2 class="tr16 td71"><P class="p246 ft2">verksamhet</P></TD>
<TD class="tr16 td210"><P class="p18 ft2">i</P></TD>
<TD colspan=4 class="tr16 td148"><P class="p186 ft2">kreditinstitut</P></TD>
<TD class="tr16 td114"><P class="p77 ft2">utöva</P></TD>
<TD colspan=3 class="tr16 td91"><P class="p77 ft2">verksamhet</P></TD>
<TD class="tr16 td241"><P class="p37 ft2">i</P></TD>
<TD colspan=3 class="tr16 td91"><P class="p16 ft2">kreditinstitut</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">och om tillsyn av kreditinstitut <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft2">och om tillsyn av kreditinstitut, om</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td64"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">, om ändring av</SPAN></P></TD>
<TD colspan=8 class="tr5 td63"><P class="p77 ft2">ändring av direktiv 2002/87/EG och</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">direktiv 2002/87/EG och om upp-</P></TD>
<TD class="tr16 td114"><P class="p77 ft2">om</P></TD>
<TD colspan=3 class="tr16 td91"><P class="p291 ft31">upphävande</P></TD>
<TD colspan=2 class="tr16 td31"><P class="p37 ft2">av</P></TD>
<TD colspan=2 class="tr16 td183"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr16 td187"><P class="p18 ft2">hävande av <SPAN class="ft3">direktiv</SPAN></P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr16 td235"><P class="p186 ft2">2006/48/EG</P></TD>
<TD colspan=2 class="tr16 td235"><P class="p77 ft2">2006/48/EG</P></TD>
<TD colspan=2 class="tr16 td75"><P class="p291 ft2">och</P></TD>
<TD colspan=4 class="tr16 td144"><P class="p16 ft2">2006/49/EG, <SPAN class="ft3">i</SPAN></P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td150"><P class="p18 ft2">och 2006/49/EG.</P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td63"><P class="p77 ft21">lydelsen enligt Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td114"><P class="p77 ft3">och</P></TD>
<TD colspan=2 class="tr16 td67"><P class="p39 ft3">rådets</P></TD>
<TD colspan=4 class="tr16 td24"><P class="p35 ft3">direktiv</P></TD>
<TD class="tr16 td171"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr16 td130"><P class="p77 ft21">2019/2034, eller</P></TD>
<TD class="tr16 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td130"><P class="p206 ft3">2. artikel 46 i</P></TD>
<TD colspan=5 class="tr5 td227"><P class="p16 ft3">Europaparlamen-</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft3">tets och rådets direktiv (EU)</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td235"><P class="p77 ft3">2019/2034</P></TD>
<TD class="tr16 td16"><P class="p18 ft3">av</P></TD>
<TD colspan=2 class="tr16 td123"><P class="p1 ft3">den</P></TD>
<TD colspan=3 class="tr16 td91"><P class="p16 ft3">27 november</P></TD>
</TR>
<TR>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td63"><P class="p77 ft3">2019 om tillsyn av värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft3">företag och om ändring av direkti-</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td114"><P class="p77 ft3">ven</P></TD>
<TD colspan=3 class="tr16 td91"><P class="p80 ft3">2002/87/EG,</P></TD>
<TD class="tr16 td241"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr16 td91"><P class="p16 ft3">2009/65/EG,</P></TD>
</TR>
<TR>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td235"><P class="p77 ft21">2011/61/EU,</P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td91"><P class="p16 ft3">2013/36/EU,</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft21">2014/59/EU och 2014/65/EU, i den</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr16 td96"><P class="p77 ft3">ursprungliga lydelsen<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr16 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr14 td278"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td279"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td280"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td275"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td281"><P class="p18 ft69"> </P></TD>
<TD class="tr4 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p413 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 class="t53">
<TR>
<TD class="tr4 td251"><P class="p182 ft25">1</P></TD>
<TD class="tr4 td249"><P class="p1 ft29">Lagen omtryckt 1999:19.</P></TD>
<TD rowspan=2 class="tr25 td83"><P class="p16 ft2">71</P></TD>
</TR>
<TR>
<TD class="tr14 td251"><P class="p182 ft25">2</P></TD>
<TD class="tr14 td249"><P class="p1 ft29">Senaste lydelse 2014:973.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_72">
<TABLE cellpadding=0 cellspacing=0 class="t54">
<TR>
<TD class="tr19 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft74">2.8</SPAN></P></TD>
<TD class="tr19 td111"><P class="p18 ft18">Förslag till lag om ändring i lagen (1991:980)</P></TD>
</TR>
<TR>
<TD class="tr33 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td111"><P class="p18 ft18">om handel med finansiella instrument</P></TD>
</TR>
</TABLE>
<P class="p414 ft2">Härigenom föreskrivs att 3 kap. 1 § lagen (1991:980) om handel med finansiella instrument<SPAN class="ft20">1 </SPAN>ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t55">
<TR>
<TD class="tr5 td109"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p415 ft22">3 kap.</P>
<P class="p144 ft2">1 §<SPAN class="ft20">2</SPAN></P>
<P class="p96 ft2">Om ett företag som står under tillsyn av Finansinspektionen vill ingå avtal med ägaren till ett finansiellt instrument om att företaget ska ha rätt att förfoga över det finansiella instrumentet för egen räkning, ska avtalet slutas skriftligen i en för ändamålet särskilt upprättad handling som i någon läsbar och varaktig form är tillgänglig för parterna. Detsamma gäller om företaget medverkar till ett sådant avtal mellan andra parter. Det förfogande som avses ska anges noggrant.</P>
<P class="p75 ft2">Första stycket gäller inte om företagets motpart eller parterna i ett avtal som företaget medverkar till är</P>
<P class="p96 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">ett annat företag som står under tillsyn av Finansinspektionen eller ett utländskt företag inom EES som i sitt hemland får driva jämförbar verk- samhet och som står under betryggande tillsyn av myndighet eller annat behörigt organ,</SPAN></P>
<P class="p97 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">Riksgäldskontoret eller ett utländskt offentligt organ inom EES som är ansvarigt för eller deltar i förvaltningen av statsskulden eller är behörigt att föra konton för kunders räkning,</SPAN></P>
<P class="p180 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">Riksbanken eller en utländsk centralbank inom EES, inklusive Europeiska centralbanken,</SPAN></P>
<P class="p96 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">en multilateral utvecklingsbank, Banken för internationell betalnings- utjämning, Internationella valutafonden eller Europeiska investerings- banken, eller</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD class="tr5 td37"><P class="p39 ft2">5. ett</P></TD>
<TD class="tr5 td156"><P class="p39 ft31">sådant</P></TD>
<TD colspan=2 class="tr5 td235"><P class="p81 ft31">kreditinstitut</P></TD>
<TD class="tr5 td75"><P class="p44 ft2">som</P></TD>
<TD class="tr5 td155"><P class="p45 ft31">5. ett</P></TD>
<TD class="tr5 td102"><P class="p39 ft2">sådant</P></TD>
<TD colspan=2 class="tr5 td80"><P class="p18 ft31">kreditinstitut</P></TD>
<TD class="tr5 td135"><P class="p16 ft2">som</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft2">anges</P></TD>
<TD colspan=2 class="tr4 td206"><P class="p18 ft2">i förteckningen</P></TD>
<TD colspan=2 class="tr4 td176"><P class="p44 ft2">i artikel 2.5</P></TD>
<TD class="tr4 td155"><P class="p77 ft2">anges</P></TD>
<TD colspan=2 class="tr4 td73"><P class="p18 ft2">i förteckningen</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p16 ft2">i artikel 2.5</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td99"><P class="p18 ft2">i Europaparlamentets</P></TD>
<TD class="tr5 td140"><P class="p79 ft2">och</P></TD>
<TD class="tr5 td75"><P class="p44 ft31">rådets</P></TD>
<TD colspan=3 class="tr5 td142"><P class="p77 ft2">i Europaparlamentets</P></TD>
<TD class="tr5 td135"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td135"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">2013 om behörighet att utöva verk-</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">2013 om behörighet att utöva verk-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td63"><P class="p18 ft2">samhet i kreditinstitut och om</P></TD>
<TD colspan=5 class="tr5 td64"><P class="p77 ft2">samhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft2">tillsyn</P></TD>
<TD class="tr4 td156"><P class="p237 ft2">av</P></TD>
<TD colspan=2 class="tr4 td235"><P class="p18 ft2">kreditinstitut</P></TD>
<TD class="tr4 td75"><P class="p44 ft3">och</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td99"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=2 class="tr4 td176"><P class="p44 ft2">om ändring</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">av direktiv 2002/87/EG och om</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td63"><P class="p18 ft2">av direktiv 2002/87/EG och om</P></TD>
<TD colspan=2 class="tr5 td49"><P class="p77 ft2">upphävande</P></TD>
<TD class="tr5 td140"><P class="p1 ft2">av</P></TD>
<TD colspan=2 class="tr5 td27"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td144"><P class="p18 ft2">upphävande</P></TD>
<TD class="tr4 td125"><P class="p160 ft2">av</P></TD>
<TD colspan=2 class="tr4 td176"><P class="p44 ft3">direktiv</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">2006/48/EG och 2006/49/EG<SPAN class="ft3">, i</SPAN></P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">2006/48/EG och 2006/49/EG.</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft21">lydelsen enligt Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p77 ft3">och</P></TD>
<TD class="tr5 td102"><P class="p43 ft3">rådets</P></TD>
<TD colspan=2 class="tr5 td80"><P class="p77 ft3">direktiv</P></TD>
<TD class="tr5 td135"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td49"><P class="p77 ft3">2019/2034<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p101 ft2">Första stycket gäller inte heller om företaget är en sådan central motpart som avses i Europaparlamentets och rådets förordning (EU) nr 648/2012 av</P>
<TABLE cellpadding=0 cellspacing=0 class="t56">
<TR>
<TD rowspan=2 class="tr7 td36"><P class="p16 ft2">72</P></TD>
<TD class="tr4 td120"><P class="p29 ft39">1</P></TD>
<TD class="tr4 td152"><P class="p79 ft27">Lagen omtryckt 1992:558.</P></TD>
</TR>
<TR>
<TD class="tr9 td120"><P class="p29 ft39">2</P></TD>
<TD class="tr9 td152"><P class="p79 ft27">Senaste lydelse 2014:974.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_73">
<DIV id="p73dimg1">
<INGENBILD zsrc="H80317373x1.jpg/" id="p73img1">
</DIV>
<DIV>
<DIV id="id_1">
<P class="p238 ft2">den 4 juli 2012 om <NOBR>OTC-derivat,</NOBR> centrala motparter och transaktions- register.</P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">73</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_74">
<TABLE cellpadding=0 cellspacing=0 class="t57">
<TR>
<TD class="tr19 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft74">2.9</SPAN></P></TD>
<TD class="tr19 td282"><P class="p18 ft18">Förslag till lag om ändring i lagen (1995:1559)</P></TD>
</TR>
<TR>
<TD class="tr33 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td282"><P class="p18 ft18">om årsredovisning i kreditinstitut och</P></TD>
</TR>
<TR>
<TD class="tr20 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td282"><P class="p18 ft18">värdepappersbolag</P></TD>
</TR>
</TABLE>
<P class="p414 ft2">Härigenom föreskrivs att 5 kap. 7 § och 6 kap. 3 § lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t58">
<TR>
<TD colspan=3 class="tr2 td202"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr2 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td233"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr2 td202"><P class="p1 ft3">Föreslagen lydelse</P></TD>
<TD class="tr2 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td37"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr18 td35"><P class="p416 ft22">5 kap.</P></TD>
<TD class="tr18 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td35"><P class="p416 ft2">7 §<SPAN class="ft20">1</SPAN></P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p108 ft2">Vid tillämpningen av denna lag</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p48 ft2">Vid tillämpningen av denna lag</P></TD>
</TR>
<TR>
<TD class="tr14 td123"><P class="p18 ft66">ska</P></TD>
<TD colspan=2 class="tr14 td174"><P class="p37 ft66">artikel 434.2 i</P></TD>
<TD colspan=3 class="tr14 td175"><P class="p108 ft66">Europaparla-</P></TD>
<TD class="tr14 td127"><P class="p18 ft66">ska</P></TD>
<TD colspan=4 class="tr14 td204"><P class="p186 ft66">artikel 434.2 i</P></TD>
<TD colspan=2 class="tr14 td222"><P class="p16 ft66">Europaparla-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td173"><P class="p18 ft2">nr 575/2013 av</P></TD>
<TD class="tr4 td126"><P class="p37 ft2">den</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p18 ft2">26 juni</P></TD>
<TD class="tr4 td233"><P class="p108 ft2">2013</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p18 ft2">nr 575/2013</P></TD>
<TD class="tr4 td127"><P class="p18 ft2">av</P></TD>
<TD class="tr4 td113"><P class="p44 ft31">den</P></TD>
<TD class="tr4 td233"><P class="p307 ft2">26 juni</P></TD>
<TD class="tr4 td128"><P class="p16 ft2">2013</P></TD>
</TR>
<TR>
<TD class="tr14 td123"><P class="p18 ft66">om</P></TD>
<TD class="tr14 td35"><P class="p18 ft66">tillsynskrav</P></TD>
<TD class="tr14 td126"><P class="p73 ft66">för</P></TD>
<TD colspan=3 class="tr14 td175"><P class="p108 ft66">kreditinstitut</P></TD>
<TD class="tr14 td127"><P class="p18 ft66">om</P></TD>
<TD colspan=3 class="tr14 td222"><P class="p43 ft66">tillsynskrav</P></TD>
<TD class="tr14 td113"><P class="p207 ft66">för</P></TD>
<TD colspan=2 class="tr14 td222"><P class="p16 ft66">kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft3">och</P></TD>
<TD colspan=5 class="tr4 td167"><P class="p108 ft3">värdepappersföretag <SPAN class="ft2">och om</SPAN></P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td173"><P class="p18 ft2">ändring av</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td233"><P class="p108 ft2">(EU)</P></TD>
<TD colspan=5 class="tr4 td202"><P class="p18 ft2">nr 648/2012 beaktas.</P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr14 td202"><P class="p18 ft66">nr 648/2012 beaktas.</P></TD>
<TD class="tr14 td251"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td37"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td233"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td127"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td69"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td190"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td127"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td113"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td233"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td128"><P class="p18 ft69"> </P></TD>
</TR>
<TR>
<TD class="tr26 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td37"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr26 td35"><P class="p416 ft22">6 kap.</P></TD>
<TD class="tr26 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td35"><P class="p416 ft2">3 §<SPAN class="ft20">2</SPAN></P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p39 ft2">I</P></TD>
<TD colspan=4 class="tr4 td14"><P class="p32 ft31">kapitaltäckningsanalysen</P></TD>
<TD class="tr4 td233"><P class="p108 ft2">ska</P></TD>
<TD class="tr4 td127"><P class="p48 ft2">I</P></TD>
<TD colspan=5 class="tr4 td219"><P class="p35 ft31">kapitaltäckningsanalysen</P></TD>
<TD class="tr4 td128"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr14 td109"><P class="p18 ft66">uppgifter lämnas om kapitalbasen</P></TD>
<TD colspan=7 class="tr14 td110"><P class="p18 ft66">uppgifter lämnas om kapitalbasen</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">och kapitalbaskraven i enlighet med</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">och kapitalbaskraven i enlighet med</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">vad </SPAN>som följer av förordning (EU)</P></TD>
<TD colspan=4 class="tr4 td117"><P class="p18 ft2"><SPAN class="ft3">det </SPAN>som följer av</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td173"><P class="p18 ft66">nr 575/2013.</P></TD>
<TD class="tr14 td126"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td251"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td37"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td233"><P class="p18 ft69"> </P></TD>
<TD colspan=6 class="tr14 td186"><P class="p48 ft75">1. Europaparlamentets</P></TD>
<TD class="tr14 td128"><P class="p16 ft75">och</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td155"><P class="p18 ft3">rådets</P></TD>
<TD colspan=4 class="tr4 td153"><P class="p38 ft2">förordning</P></TD>
<TD class="tr4 td128"><P class="p16 ft2">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td202"><P class="p18 ft2">nr 575/2013<SPAN class="ft3">, eller</SPAN></P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr14 td123"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td35"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td126"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td251"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td37"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td233"><P class="p18 ft69"> </P></TD>
<TD colspan=7 class="tr14 td110"><P class="p48 ft67">2. Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft21">förordning (EU) 2019/2033 av den</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft21">27 november 2019 om tillsynskrav för</P></TD>
</TR>
<TR>
<TD class="tr14 td123"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td35"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td126"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td251"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td37"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td233"><P class="p18 ft69"> </P></TD>
<TD colspan=7 class="tr14 td110"><P class="p18 ft67">värdepappersföretag och om ändring</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft3">av</P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td153"><P class="p32 ft3">förordningarna</P></TD>
<TD class="tr4 td128"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td222"><P class="p18 ft21">nr 1093/2010,</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p44 ft3">(EU)</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p16 ft3">nr 575/2013,</P></TD>
</TR>
<TR>
<TD class="tr14 td123"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td35"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td126"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td251"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td37"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td233"><P class="p18 ft69"> </P></TD>
<TD colspan=2 class="tr14 td155"><P class="p18 ft75">(EU)</P></TD>
<TD colspan=3 class="tr14 td235"><P class="p186 ft67">nr 600/2014</P></TD>
<TD class="tr14 td233"><P class="p256 ft67">och</P></TD>
<TD class="tr14 td128"><P class="p16 ft75">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td222"><P class="p18 ft3">nr 806/2014<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p108 ft2">Moderföretag som enligt <SPAN class="ft3">samma</SPAN></P></TD>
<TD colspan=4 class="tr4 td117"><P class="p48 ft2">Moderföretag</P></TD>
<TD class="tr4 td113"><P class="p323 ft2">som</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p16 ft2">enligt <SPAN class="ft3">någon</SPAN></P></TD>
</TR>
<TR>
<TD colspan=6 class="tr14 td109"><P class="p18 ft66"><SPAN class="ft75">förordning </SPAN>ska uppfylla kraven i</P></TD>
<TD colspan=7 class="tr14 td110"><P class="p18 ft67">av förordningarna <SPAN class="ft70">ska uppfylla kra-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">förordningen på grundval av en</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">ven i förordningen på grundval av</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">grupps konsoliderade situation, ska</P></TD>
<TD class="tr4 td127"><P class="p18 ft2">en</P></TD>
<TD colspan=6 class="tr4 td70"><P class="p16 ft2">grupps konsoliderade situation,</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr14 td109"><P class="p18 ft66">lämna de uppgifter som anges i</P></TD>
<TD colspan=7 class="tr14 td110"><P class="p18 ft66">ska lämna de uppgifter som anges i</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">första stycket beträffande gruppen.</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">första stycket beträffande gruppen.</P></TD>
</TR>
<TR>
<TD class="tr14 td283"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td284"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td285"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td286"><P class="p18 ft69"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p400 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 class="t59">
<TR>
<TD rowspan=2 class="tr7 td36"><P class="p16 ft2">74</P></TD>
<TD class="tr4 td120"><P class="p29 ft39">1</P></TD>
<TD class="tr4 td78"><P class="p79 ft27">Senaste lydelse 2014:975.</P></TD>
</TR>
<TR>
<TD class="tr9 td120"><P class="p29 ft39">2</P></TD>
<TD class="tr9 td78"><P class="p79 ft27">Senaste lydelse 2014:975.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_75">
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr32 td126"><P class="p18 ft76">2.10</P></TD>
<TD colspan=2 class="tr32 td287"><P class="p417 ft18">Förslag till lag om ändring i inkomstskattelagen <SPAN class="ft73">Prop. 2020/21:173</SPAN></P></TD>
</TR>
<TR>
<TD class="tr33 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td200"><P class="p417 ft18">(1999:1229)</P></TD>
<TD class="tr33 td157"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr11 td237"><P class="p18 ft2">Härigenom föreskrivs att 24 kap. 9 § inkomstskattelagen (1999:1229)<SPAN class="ft20">1 </SPAN>ska</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">ha följande lydelse.</P></TD>
<TD class="tr4 td157"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr18 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr18 td157"><P class="p18 ft3">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p418 ft22"><SPAN class="ft35">24</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">9 §</SPAN><SPAN class="ft20">2</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft2">Ett företag som omfattas av</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">Ett företag som omfattas av</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD colspan=2 class="tr4 td194"><P class="p107 ft2">och rådets</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft21">någon av följande <NOBR>EU-förordningar</NOBR></P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft2">förordning (EU)</P></TD>
<TD class="tr5 td141"><P class="p18 ft2">nr</P></TD>
<TD class="tr5 td91"><P class="p107 ft2">575/2013</P></TD>
<TD colspan=3 class="tr5 td85"><P class="p16 ft3">får inte dra av ränteutgifter på</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft2">av den 26 juni 2013 om tillsynskrav</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft3">efterställda skulder som får ingå i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft31">för kreditinstitut <SPAN class="ft21">och värdepappers-</SPAN></P></TD>
<TD class="tr4 td129"><P class="p18 ft3">kapitalbasen</P></TD>
<TD class="tr4 td190"><P class="p1 ft3">vid</P></TD>
<TD class="tr4 td22"><P class="p16 ft3">tillämpning av</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p108 ft2"><SPAN class="ft3">företag </SPAN>och om ändring av förord-</P></TD>
<TD colspan=3 class="tr5 td85"><P class="p16 ft21">respektive förordning. Detta gäller</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft2">ning (EU) nr 648/2012, <SPAN class="ft3">får inte dra</SPAN></P></TD>
<TD colspan=3 class="tr4 td85"><P class="p18 ft3">företag som omfattas av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td79"><P class="p18 ft3">av ränteutgifter på</P></TD>
<TD class="tr4 td91"><P class="p107 ft21">efterställda</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2"><SPAN class="ft3">1. </SPAN>Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p107 ft21">skulder som får ingå i kapitalbasen</P></TD>
<TD class="tr5 td129"><P class="p18 ft2">förordning</P></TD>
<TD class="tr5 td190"><P class="p18 ft2">(EU)</P></TD>
<TD class="tr5 td22"><P class="p16 ft2">nr 575/2013</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p108 ft3">vid tillämpning av den förord-</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">av den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft3">ningen<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td91"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td91"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td85"><P class="p18 ft2">förordning (EU) nr 648/2012, <SPAN class="ft3">eller</SPAN></P></TD>
</TR>
</TABLE>
<P class="p228 ft21"><SPAN class="ft3">2.</SPAN><SPAN class="ft54">Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013,</SPAN></P>
<P class="p419 ft3">(EU) nr 600/2014 och (EU) nr 806/2014<SPAN class="ft2">.</SPAN></P>
<P class="p89 ft2">Ett svenskt försäkringsföretag som omfattas av 7 kap. försäkrings- rörelselagen (2010:2043) eller av lagen (2019:742) om tjänstepensions- företag får inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av dessa lagar.</P>
<P class="p89 ft2">Ett utländskt försäkringsföretag som hör hemma i en stat inom Europeiska ekonomiska samarbetsområdet och som omfattas av Europa- parlamentets och rådets direktiv 2009/138/EG av den 25 november 2009 om upptagande och utövande av försäkrings- och återförsäkrings- verksamhet (Solvens II), får inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av nationell lagstiftning som genomför det direktivet.</P>
<P class="p420 ft2">Ett utländskt tjänstepensionsinstitut får inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av nationell lagstiftning som genomför Europaparlamentets och rådets direktiv (EU) 2016/2341 av den 14 december 2016 om verksamhet i och tillsyn över tjänstepensionsinstitut. Vad som avses med ett utländskt tjänstepensions- institut framgår av 39 kap. 13 a §.</P>
<P class="p421 ft72"><SPAN class="ft25">1</SPAN><SPAN class="ft71">Lagen omtryckt 2008:803.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t60">
<TR>
<TD class="tr2 td82"><P class="p18 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2019:787.</P></TD>
<TD class="tr2 td83"><P class="p16 ft2">75</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_76">
<DIV id="p76dimg1">
<INGENBILD zsrc="H80317376x1.jpg/" id="p76img1">
</DIV>
<P class="p118 ft2">Prop. 2020/21:173</P>
<P class="p400 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">Denna lag träder i kraft den 26 juni 2021.</SPAN></P>
<P class="p259 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">Lagen tillämpas första gången på ränteutgifter som belöper sig på tiden efter den 25 juni 2021.</SPAN></P>
<P class="p422 ft2">76</P>
</DIV>
<DIV id="page_77">
<DIV id="p77dimg1">
<INGENBILD zsrc="H80317377x1.jpg/" id="p77img1">
</DIV>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR height=0>
<TD width=46px></TD>
<TD width=158px></TD>
<TD width=202px></TD>
<TD width=99px></TD>
</TR>
<TR>
<TD class="tr32 td156"><P class="p18 ft18">2.11</P></TD>
<TD colspan=2 class="tr32 td288"><P class="p237 ft18">Förslag till lag om ändring i lagen (2000:192)</P></TD>
<TD class="tr32 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr33 td156"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr33 td288"><P class="p237 ft18">om allmänna pensionsfonder <NOBR>(AP-fonder)</NOBR></P></TD>
<TD class="tr33 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr11 td81"><P class="p18 ft2">Härigenom föreskrivs att 4 kap. 11 § lagen (2000:192) om allmänna</P></TD>
<TD class="tr11 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td81"><P class="p18 ft2">pensionsfonder <NOBR>(AP-fonder)</NOBR> ska ha följande lydelse.</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr18 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr18 td228"><P class="p18 ft3">Föreslagen lydelse</P></TD>
<TD class="tr18 td49"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p423 ft22"><SPAN class="ft22">4</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">11 §</SPAN><SPAN class="ft20">1</SPAN></P>
<P class="p92 ft2">Av var och en av <NOBR>Första–Fjärde</NOBR> <NOBR>AP-fondernas</NOBR> tillgångar, värderade till marknadsvärdet, får högst tio procent utgöras av fondpapper eller andra finansiella instrument utfärdade av en emittent eller av en grupp av emittenter med inbördes anknytning. Denna begränsning gäller inte</P>
<P class="p90 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">svenska staten, en svensk kommun eller därmed jämförlig sam- fällighet, och</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=4 class="tr4 td50"><P class="p108 ft2">2. utländska stater, centralbanker,</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">2. utländska stater, centralbanker,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td195"><P class="p18 ft2">utländska kommuner</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p107 ft2">eller därmed</P></TD>
<TD colspan=2 class="tr4 td195"><P class="p18 ft2">utländska kommuner</P></TD>
<TD class="tr4 td126"><P class="p44 ft2">eller</P></TD>
<TD colspan=2 class="tr4 td125"><P class="p16 ft2">därmed</P></TD>
</TR>
<TR>
<TD class="tr5 td101"><P class="p18 ft2">jämförliga</P></TD>
<TD colspan=2 class="tr5 td194"><P class="p43 ft2">samfälligheter,</P></TD>
<TD class="tr5 td156"><P class="p107 ft2">och</P></TD>
<TD class="tr5 td55"><P class="p18 ft2">jämförliga</P></TD>
<TD colspan=3 class="tr5 td57"><P class="p424 ft2">samfälligheter,</P></TD>
<TD class="tr5 td143"><P class="p16 ft31">och</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p108 ft2">andra emittenter, som får noll pro-</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">andra emittenter, som får noll pro-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p107 ft2">cent riskvikt med stöd av schablon-</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">cent riskvikt med stöd av schablon-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p108 ft2">metoden som enligt artikel 107 i</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft2">metoden som enligt artikel 107 i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td195"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td75"><P class="p80 ft2">och</P></TD>
<TD class="tr4 td156"><P class="p107 ft31">rådets</P></TD>
<TD colspan=2 class="tr4 td195"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td126"><P class="p186 ft2">och</P></TD>
<TD colspan=2 class="tr4 td125"><P class="p16 ft2">rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td101"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr4 td220"><P class="p107 ft2">(EU) nr 575/2013 av</P></TD>
<TD class="tr4 td55"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr4 td57"><P class="p1 ft2">(EU) nr 575/2013</P></TD>
<TD class="tr4 td143"><P class="p16 ft2">av</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p107 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p107 ft31">för kreditinstitut <SPAN class="ft21">och värdepappers-</SPAN></P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p108 ft2"><SPAN class="ft3">företag </SPAN>och om ändring av förord-</P></TD>
<TD class="tr4 td55"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr4 td57"><P class="p256 ft2">(EU) nr 648/2012</P></TD>
<TD class="tr4 td143"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p107 ft2">ning (EU) nr 648/2012 ska tilläm-</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft2">tillämpas för att beräkna kapital-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p107 ft2">pas för att beräkna kapitalkravet för</P></TD>
<TD colspan=3 class="tr4 td245"><P class="p18 ft2">kravet för kreditrisker.</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td101"><P class="p18 ft2">kreditrisker.</P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p89 ft2">Med grupp av emittenter med inbördes anknytning avses två eller flera fysiska eller juridiska personer som utgör en helhet från risksynpunkt därför att</P>
<P class="p91 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">någon av dem har direkt eller indirekt ägarinflytande över en eller flera av de övriga i gruppen, eller</SPAN></P>
<P class="p89 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">de utan att stå i sådant förhållande som avses i 1 har sådan inbördes anknytning att någon eller samtliga av de övriga kan befaras råka i betal- ningssvårigheter om en av dem drabbas av finansiella problem.</SPAN></P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 class="t61">
<TR>
<TD class="tr2 td82"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2014:979.</P></TD>
<TD class="tr2 td83"><P class="p16 ft2">77</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_78">
<DIV id="tx1"><SPAN class="ft31">Ett fondbolags egna medel får, trots </SPAN><SPAN class="ft21">det </SPAN><SPAN class="ft31">som anges i 8 och 9 §§, inte understiga </SPAN><SPAN class="ft21">det </SPAN><SPAN class="ft31">belopp som </SPAN><SPAN class="ft21">framgår av artikel 13 i Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värde- pappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014</SPAN><SPAN class="ft31">. </SPAN><SPAN class="ft21">Vid tillämpningen av den artikeln ska det som anges där om värde- pappersföretag gälla för fondbolag.</SPAN></DIV>
<TABLE cellpadding=0 cellspacing=0 class="t62">
<TR>
<TD class="tr19 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft74">2.12</SPAN></P></TD>
<TD class="tr19 td58"><P class="p18 ft18">Förslag till lag om ändring i lagen (2004:46)</P></TD>
</TR>
<TR>
<TD class="tr33 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td58"><P class="p18 ft18">om värdepappersfonder</P></TD>
</TR>
</TABLE>
<P class="p425 ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>att 2 kap. 10 och 11 §§ lagen (2004:46) om värde- pappersfonder<SPAN class="ft20">2 </SPAN>ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t63">
<TR>
<TD class="tr5 td109"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p415 ft22">2 kap.</P>
<P class="p426 ft2">10 §<SPAN class="ft20">3</SPAN></P>
<P class="p427 ft31">Ett fondbolags egna medel får, trots <SPAN class="ft21">vad </SPAN>som anges i 8 och 9 §§, inte understiga <SPAN class="ft21">ett </SPAN>belopp som <SPAN class="ft21">mot- svarar 25 procent av bolagets fasta omkostnader för det föregående året eller, om bolagets verksamhet pågått i mindre än ett år, 25 pro- cent av de fasta omkostnader som angetts i bolagets verksamhetsplan</SPAN>.</P>
<TABLE cellpadding=0 cellspacing=0 class="t64">
<TR>
<TD class="tr2 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr2 td188"><P class="p108 ft3">Om omfattningen av fondbolagets</P></TD>
<TD class="tr2 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft3">verksamhet ändrats väsentligt sedan</P></TD>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft3">det föregående året eller om</P></TD>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td188"><P class="p279 ft3">Finansinspektionen finner att verk-</P></TD>
<TD class="tr5 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft3">samhetsplanen behöver korrigeras,</P></TD>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft3">får inspektionen besluta om änd-</P></TD>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td188"><P class="p279 ft3">ring av kapitalkravet enligt första</P></TD>
<TD class="tr5 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p279 ft3">stycket.</P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr15 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td227"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td71"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr15 td26"><P class="p428 ft2">11 §<SPAN class="ft20">4</SPAN></P></TD>
<TD class="tr15 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td239"><P class="p380 ft2">Bestämmelser</P></TD>
<TD class="tr4 td71"><P class="p44 ft2">om tillsyn</P></TD>
<TD class="tr4 td88"><P class="p108 ft2">på</P></TD>
<TD class="tr4 td145"><P class="p48 ft2">Bestämmelser</P></TD>
<TD class="tr4 td128"><P class="p43 ft2">om</P></TD>
<TD class="tr4 td98"><P class="p73 ft2">tillsyn</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">på</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2">gruppnivå finns i artiklarna <NOBR>11–24</NOBR> i</P></TD>
<TD class="tr4 td145"><P class="p18 ft2">gruppnivå finns i</P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2">Europaparlamentets och rådets för-</P></TD>
<TD colspan=2 class="tr4 td99"><P class="p48 ft2"><SPAN class="ft3">– </SPAN>artiklarna <NOBR>11–24</NOBR> i</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p16 ft31">Europaparla-</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p279 ft2">ordning</P></TD>
<TD class="tr5 td88"><P class="p44 ft2">(EU)</P></TD>
<TD colspan=2 class="tr5 td194"><P class="p18 ft2">nr 575/2013 av</P></TD>
<TD class="tr5 td88"><P class="p108 ft31">den</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2">26 juni 2013 om tillsynskrav för</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">nr 575/2013 av den 26 juni 2013 om</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td142"><P class="p279 ft2">kreditinstitut</P></TD>
<TD class="tr4 td11"><P class="p1 ft3">och</P></TD>
<TD colspan=2 class="tr4 td232"><P class="p108 ft3">värdepappers-</P></TD>
<TD class="tr4 td145"><P class="p18 ft2">tillsynskrav för</P></TD>
<TD colspan=2 class="tr4 td148"><P class="p18 ft2">kreditinstitut</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td188"><P class="p279 ft2"><SPAN class="ft3">företag </SPAN>och om ändring av förord-</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft2">om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p279 ft2">ning</P></TD>
<TD class="tr4 td88"><P class="p44 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td194"><P class="p44 ft2">nr 648/2012,</P></TD>
<TD class="tr4 td88"><P class="p108 ft3">i</P></TD>
<TD class="tr4 td145"><P class="p18 ft2">nr 648/2012,</P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr36 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr36 td289"><P class="p279 ft29"><SPAN class="ft28">1 </SPAN>Jfr Europaparlamentets och rådets direktiv 2009/65/EG av den 13 juli 2009 om</P></TD>
<TD class="tr36 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr8 td80"><P class="p18 ft9"> </P></TD>
<TD colspan=9 class="tr8 td243"><P class="p279 ft27">samordning av lagar och andra författningar som avser företag för kollektiva investeringar i</P></TD>
</TR>
<TR>
<TD class="tr9 td80"><P class="p18 ft11"> </P></TD>
<TD colspan=8 class="tr9 td289"><P class="p279 ft27">överlåtbara värdepapper (fondföretag), i lydelsen enligt Europaparlamentets och rådets</P></TD>
<TD class="tr9 td127"><P class="p18 ft11"> </P></TD>
</TR>
<TR>
<TD class="tr8 td80"><P class="p18 ft9"> </P></TD>
<TD colspan=4 class="tr8 td290"><P class="p279 ft43">direktiv (EU) 2019/2034.</P></TD>
<TD class="tr8 td88"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td145"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td128"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td98"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td127"><P class="p18 ft9"> </P></TD>
</TR>
<TR>
<TD class="tr8 td80"><P class="p18 ft9"> </P></TD>
<TD colspan=5 class="tr8 td188"><P class="p279 ft43"><SPAN class="ft28">2 </SPAN>Senaste lydelse av lagens rubrik 2013:563.</P></TD>
<TD class="tr8 td145"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td128"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td98"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td127"><P class="p18 ft9"> </P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr7 td80"><P class="p278 ft2">78</P></TD>
<TD colspan=8 class="tr8 td289"><P class="p279 ft43"><SPAN class="ft28">3 </SPAN>Senaste lydelse 2017:1143. Ändringen innebär bl.a. att andra stycket tas bort.</P></TD>
<TD class="tr8 td127"><P class="p18 ft9"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td290"><P class="p279 ft29"><SPAN class="ft28">4 </SPAN>Senaste lydelse 2017:1143.</P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_79">
<DIV id="p79dimg1">
<INGENBILD zsrc="H80317379x1.jpg/" id="p79img1">
</DIV>
<DIV id="id_1">
<DIV id="id_1_1">
<P class="p191 ft2">lagen (2006:531) om särskild till- syn över finansiella konglomerat <SPAN class="ft3">samt i </SPAN>lagen (2014:968) om särskild tillsyn över kreditinstitut och värde- pappersbolag.</P>
</DIV>
<DIV id="id_1_2">
<TABLE cellpadding=0 cellspacing=0 class="t65">
<TR>
<TD colspan=2 class="tr2 td22"><P class="p39 ft3">– artikel 7 i</P></TD>
<TD colspan=2 class="tr2 td202"><P class="p23 ft21">Europaparlamentets</P></TD>
<TD class="tr2 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr4 td114"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td156"><P class="p18 ft3">rådets</P></TD>
<TD class="tr4 td146"><P class="p32 ft3">förordning</P></TD>
<TD class="tr4 td114"><P class="p23 ft21">(EU)</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td22"><P class="p18 ft3">2019/2033,</P></TD>
<TD class="tr4 td146"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p429 ft2"><SPAN class="ft3">–</SPAN><SPAN class="ft17">lagen (2006:531) om särskild tillsyn över finansiella konglome- rat</SPAN><SPAN class="ft3">, och</SPAN></P>
<P class="p429 ft2"><SPAN class="ft3">–</SPAN><SPAN class="ft17">lagen (2014:968) om särskild tillsyn över kreditinstitut och värde- pappersbolag</SPAN><SPAN class="ft3">.</SPAN></P>
</DIV>
</DIV>
<DIV id="id_2">
<P class="p166 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<P class="p430 ft2">79</P>
</DIV>
</DIV>
<DIV id="page_80">
<TABLE cellpadding=0 cellspacing=0 class="t54">
<TR>
<TD class="tr19 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft74">2.13</SPAN></P></TD>
<TD class="tr19 td111"><P class="p18 ft18">Förslag till lag om ändring i lagen (2004:297)</P></TD>
</TR>
<TR>
<TD class="tr33 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td111"><P class="p18 ft18">om bank- och finansieringsrörelse</P></TD>
</TR>
</TABLE>
<P class="p425 ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>att 1 kap. 5 § lagen (2004:297) om bank- och finansieringsrörelse ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t63">
<TR>
<TD class="tr5 td109"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p415 ft22">1 kap.</P>
<P class="p144 ft2">5 §<SPAN class="ft20">2</SPAN></P>
<P class="p100 ft2">I denna lag betyder</P>
<P class="p98 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft38">anknutet företag</SPAN>: ett svenskt eller utländskt företag vars huvudsakliga verksamhet består i att äga eller förvalta fast egendom, tillhandahålla datatjänster eller driva annan liknande verksamhet som har samband med den huvudsakliga verksamheten i ett eller flera kreditinstitut, värdepappers- bolag eller motsvarande utländska företag,</P>
<P class="p99 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft38">bank</SPAN>: bankaktiebolag, sparbank och medlemsbank,</P>
<P class="p180 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft53">bankaktiebolag</SPAN>: ett aktiebolag som har fått tillstånd att driva bank- rörelse,</P>
<P class="p259 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft53">behörig myndighet</SPAN>: en utländsk myndighet som har behörighet att utöva tillsyn över utländska kreditinstitut,</P>
<P class="p99 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft38">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p96 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft53">filial</SPAN>: ett avdelningskontor med självständig förvaltning, varvid även ett utländskt kreditinstituts etablering av flera driftställen ska anses som en enda filial,</P>
<P class="p180 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft53">finansiellt institut</SPAN>: ett finansiellt institut enligt artikel 4.1.26 i <SPAN class="ft3">tillsyns- förordningen</SPAN>,</P>
<P class="p99 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft38">hemland</SPAN>: det land där ett företag har fått tillstånd till rörelse som avses</P>
<P class="p146 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft33">denna lag,</SPAN></P>
<P class="p99 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft38">kapitalbas</SPAN>: detsamma som i artikel 72 i tillsynsförordningen,</P>
<P class="p100 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft38">kreditinstitut</SPAN>: bank och kreditmarknadsföretag,</P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD colspan=3 class="tr4 td63"><P class="p39 ft3"><SPAN class="ft2">11. </SPAN><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=5 class="tr4 td64"><P class="p45 ft3"><SPAN class="ft2">11. </SPAN><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td112"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td75"><P class="p44 ft31">rådets</P></TD>
<TD colspan=3 class="tr4 td267"><P class="p77 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td135"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td63"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=5 class="tr5 td64"><P class="p77 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">2013 om behörighet att utöva</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td63"><P class="p18 ft2">tillsyn av kreditinstitut <SPAN class="ft3">och värde-</SPAN></P></TD>
<TD colspan=5 class="tr5 td64"><P class="p77 ft2">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p18 ft2"><SPAN class="ft3">pappersföretag</SPAN>, om ändring av</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">av direktiv 2002/87/EG och om</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p18 ft2">direktiv 2002/87/EG och om upp-</P></TD>
<TD colspan=2 class="tr4 td144"><P class="p77 ft2">upphävande</P></TD>
<TD class="tr4 td98"><P class="p206 ft2">av</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD class="tr5 td112"><P class="p18 ft2">hävande av <SPAN class="ft3">direktiv</SPAN></P></TD>
<TD colspan=2 class="tr5 td235"><P class="p44 ft2">2006/48/EG</P></TD>
<TD colspan=2 class="tr5 td144"><P class="p77 ft2">2006/48/EG</P></TD>
<TD colspan=3 class="tr5 td199"><P class="p16 ft2">och 2006/49/EG, i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p18 ft2">och 2006/49/EG, i lydelsen enligt</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">lydelsen enligt Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr4 td112"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td75"><P class="p44 ft31">rådets</P></TD>
<TD class="tr4 td149"><P class="p77 ft2">och</P></TD>
<TD class="tr4 td88"><P class="p18 ft2">rådets</P></TD>
<TD colspan=2 class="tr4 td38"><P class="p431 ft2">direktiv</P></TD>
<TD class="tr4 td135"><P class="p16 ft2">(EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td258"><P class="p18 ft2">direktiv (EU) <SPAN class="ft3">2019/878</SPAN>,</P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td144"><P class="p77 ft3">2019/2034<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 class="t66">
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft27"><SPAN class="ft48">1 </SPAN>Jfr Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att</P></TD>
</TR>
<TR>
<TD class="tr8 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr8 td243"><P class="p279 ft27">utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut, om ändring av direktiv</P></TD>
</TR>
<TR>
<TD class="tr8 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr8 td243"><P class="p279 ft27">2002/87/EG och om upphävande av direktiven 2006/48/EG och 2006/49/EG, i lydelsen enligt</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr7 td80"><P class="p278 ft2">80</P></TD>
<TD class="tr8 td243"><P class="p279 ft43">Europaparlamentets och rådets direktiv (EU) 2019/2034.</P></TD>
</TR>
<TR>
<TD class="tr5 td243"><P class="p279 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2020:1215.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_81">
<DIV>
<DIV id="id_1">
<P class="p109 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft38">kreditmarknadsbolag</SPAN>: ett aktiebolag som har fått tillstånd att driva finansieringsrörelse,</P>
<P class="p109 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft38">kreditmarknadsförening</SPAN>: en ekonomisk förening som har fått till- stånd att driva finansieringsrörelse,</P>
<P class="p116 ft2"><SPAN class="ft2">14.</SPAN><SPAN class="ft38">kreditmarknadsföretag</SPAN>: kreditmarknadsbolag och kreditmarknads- förening,</P>
<P class="p105 ft2"><SPAN class="ft2">15.</SPAN><SPAN class="ft38">kvalificerat innehav</SPAN>: ett direkt eller indirekt ägande i ett företag, om innehavet beräknat på det sätt som anges i 5 a § representerar 10 procent eller mer av kapitalet eller av samtliga röster eller annars möjliggör ett väsentligt inflytande över ledningen av företaget,</P>
<P class="p116 ft2"><SPAN class="ft2">16.</SPAN><SPAN class="ft38">medlemsbank</SPAN>: en ekonomisk förening som har fått tillstånd att driva bankrörelse,</P>
<P class="p87 ft2"><SPAN class="ft2">17.</SPAN><SPAN class="ft53">sparbank</SPAN>: ett företag som avses i sparbankslagen (1987:619),</P>
<P class="p109 ft2"><SPAN class="ft2">18.</SPAN><SPAN class="ft38">startkapital</SPAN>: det kapital som för kreditinstitut avses i artikel 4.51 i tillsynsförordningen,</P>
<P class="p116 ft2"><SPAN class="ft2">19.</SPAN><SPAN class="ft38">utländskt bankföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva bankrörelse,</P>
<P class="p109 ft2"><SPAN class="ft2">20.</SPAN><SPAN class="ft38">utländskt kreditföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva finansieringsrörelse,</P>
<P class="p116 ft2"><SPAN class="ft2">21.</SPAN><SPAN class="ft38">utländskt kreditinstitut</SPAN>: ett utländskt bankföretag och ett utländskt kreditföretag,</P>
<P class="p116 ft2"><SPAN class="ft2">22.</SPAN><SPAN class="ft38">betydande filial</SPAN>: en filial som är betydande enligt artikel 51.1 i kapitaltäckningsdirektivet,</P>
<P class="p109 ft2"><SPAN class="ft2">23.</SPAN><SPAN class="ft38">blandat finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.21 i tillsynsförordningen,</P>
<P class="p105 ft3"><SPAN class="ft2">24.</SPAN><SPAN class="ft38">blandat finansiellt moderholdingföretag inom EES</SPAN><SPAN class="ft2">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotter- företag till ett</SPAN></P>
<P class="p87 ft2">a) kreditinstitut, värdepappersbolag eller <NOBR>EES-institut,</NOBR> eller</P>
<P class="p109 ft2">b) annat blandat finansiellt holdingföretag eller ett finansiellt holding- företag som är etablerat i något land inom EES,</P>
<P class="p105 ft2"><SPAN class="ft2">25.</SPAN><NOBR><SPAN class="ft38">EES-institut</SPAN>:</NOBR> ett utländskt kreditinstitut eller ett utländskt värde- pappersföretag som är hemmahörande i något annat land inom EES än Sverige,</P>
<P class="p240 ft2"><SPAN class="ft2">26.</SPAN><SPAN class="ft38">finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.20 i tillsynsförordningen,</P>
<P class="p116 ft3"><SPAN class="ft2">27.</SPAN><SPAN class="ft38">finansiellt moderholdingföretag inom EES</SPAN><SPAN class="ft2">: ett inom EES etablerat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p65 ft2">a) kreditinstitut, värdepappersbolag eller <NOBR>EES-institut,</NOBR> eller</P>
<P class="p116 ft2">b) annat finansiellt holdingföretag eller ett blandat finansiellt holding- företag som är etablerat i något land inom EES,</P>
<P class="p109 ft3"><SPAN class="ft2">28.</SPAN><SPAN class="ft38">holdingföretag med blandad verksamhet</SPAN><SPAN class="ft2">: holdingföretag enligt artikel 4.1.22 i tillsynsförordningen,</SPAN></P>
<P class="p87 ft3"><SPAN class="ft2">29.</SPAN><SPAN class="ft53">koncern</SPAN><SPAN class="ft2">:</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">i 6 a, 6 b och 15 b kap., detsamma som i 2 kap. 1 § lagen (2015:1016) om resolution,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">i övriga kapitel, detsamma som i 1 kap. 11 och 12 §§ aktiebolagslagen (2005:551), varvid det som sägs om moderbolag tillämpas även på andra juridiska personer än aktiebolag,</SPAN></P>
<P class="p215 ft31">30. <SPAN class="ft21">koncernåterhämtningsplan</SPAN>: en plan som upprättas av ett moderföretag inom EES i syfte att identifiera åtgärder som de företag i en koncern som</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">81</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_82">
<DIV id="p82dimg1">
<INGENBILD zsrc="H80317382x1.jpg/" id="p82img1">
</DIV>
<P class="p432 ft2">Prop. 2020/21:173 omfattas av gruppbaserad tillsyn avser att vidta för att bevara eller återställa koncernens eller ett i koncernen ingående kreditinstituts eller utländskt kreditinstituts finansiella ställning och livskraft efter en betydande för- sämring av den finansiella situationen,</P>
<P class="p97 ft2"><SPAN class="ft2">31.</SPAN><SPAN class="ft53">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direk- tiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i den ursprungliga lydelsen,</P>
<P class="p75 ft2"><SPAN class="ft2">32.</SPAN><SPAN class="ft38">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moderholdingföretag inom EES eller ett blandat finansiellt moderholding- företag inom EES,</P>
<P class="p98 ft2"><SPAN class="ft2">33.</SPAN><SPAN class="ft38">moderinstitut inom EES</SPAN>: ett kreditinstitut, värdepappersbolag eller <NOBR>EES-institut</NOBR> som är ett moderföretag och som inte självt är ett dotter- företag till ett</P>
<P class="p99 ft2">a) annat kreditinstitut, värdepappersbolag eller <NOBR>EES-institut,</NOBR> eller</P>
<P class="p259 ft2">b) finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</P>
<P class="p98 ft2"><SPAN class="ft2">34.</SPAN><SPAN class="ft38">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som an- svarar för att utöva gruppbaserad tillsyn av moderinstitut inom EES och av institut som kontrolleras av finansiella moderholdingföretag inom EES eller blandade finansiella moderholdingföretag inom EES,</P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD colspan=3 class="tr5 td50"><P class="p39 ft3"><SPAN class="ft2">35. </SPAN><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr5 td85"><P class="p48 ft3"><SPAN class="ft2">35. </SPAN><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td105"><P class="p18 ft31">Europaparlamentets</P></TD>
<TD class="tr4 td227"><P class="p30 ft2">och rådets</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">förordning (EU) nr 575/2013 av den</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">förordning (EU) nr 575/2013 av</P></TD>
</TR>
<TR>
<TD class="tr5 td158"><P class="p18 ft2">26 juni 2013</P></TD>
<TD class="tr5 td123"><P class="p18 ft2">om</P></TD>
<TD class="tr5 td227"><P class="p30 ft2">tillsynskrav för</P></TD>
<TD class="tr5 td85"><P class="p18 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr4 td158"><P class="p18 ft2">kreditinstitut</P></TD>
<TD class="tr4 td123"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td227"><P class="p30 ft3">värdepappers-</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">företag </SPAN>och om ändring av förord-</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">förordning (EU) nr 648/2012,</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">ning (EU) nr 648/2012,</P></TD>
<TD class="tr5 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p433 ft2"><SPAN class="ft2">36.</SPAN><SPAN class="ft38">utländskt värdepappersföretag</SPAN>: ett utländskt företag som i hem- landet har tillstånd att driva värdepappersrörelse, och</P>
<P class="p434 ft2"><SPAN class="ft3">37.</SPAN><SPAN class="ft38">återhämtningsplan</SPAN>: en plan som upprättas av ett kreditinstitut i syfte att identifiera åtgärder som institutet avser att vidta för att bevara eller återställa sin finansiella ställning och livskraft efter en betydande försämring av den finansiella situationen.</P>
<P class="p435 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<P class="p436 ft2">82</P>
</DIV>
<DIV id="page_83">
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR height=0>
<TD width=46px></TD>
<TD width=159px></TD>
<TD width=201px></TD>
<TD width=99px></TD>
</TR>
<TR>
<TD class="tr32 td156"><P class="p18 ft18">2.14</P></TD>
<TD colspan=2 class="tr32 td288"><P class="p237 ft18">Förslag till lag om ändring i lagen (2006:531)</P></TD>
<TD class="tr32 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr33 td156"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr33 td288"><P class="p237 ft18">om särskild tillsyn över finansiella konglomerat</P></TD>
<TD class="tr33 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr11 td81"><P class="p18 ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>att 1 kap. 3 § och 5 kap. 8 § lagen (2006:531) om</P></TD>
<TD class="tr11 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td81"><P class="p18 ft2">särskild tillsyn över finansiella konglomerat ska ha följande lydelse.</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr18 td86"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr18 td83"><P class="p18 ft3">Föreslagen lydelse</P></TD>
<TD class="tr18 td49"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p437 ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">3 §</SPAN><SPAN class="ft20">2</SPAN></P>
<P class="p87 ft2">I denna lag betyder</P>
<P class="p92 ft2"><SPAN class="ft2">1.</SPAN><NOBR><SPAN class="ft38">AIF-förvaltare</SPAN>:</NOBR> en svensk förvaltare av alternativa investeringsfonder enligt 1 kap. 3 § lagen (2013:561) om förvaltare av alternativa investe- ringsfonder,</P>
<P class="p89 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft38">anknutet företag</SPAN>: ett svenskt eller utländskt företag vars huvudsakliga verksamhet är att äga eller förvalta fast egendom, tillhandahålla data- tjänster eller driva annan liknande verksamhet som har samband med den huvudsakliga verksamheten i ett eller flera kreditinstitut, värdepappers- bolag eller motsvarande utländska företag,</P>
<P class="p438 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft38">behörig myndighet</SPAN>: Finansinspektionen eller någon annan myndighet inom EES som utövar tillsyn, individuellt eller på gruppnivå, över ett reglerat företag med huvudkontor inom EES,</P>
<P class="p89 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft38">blandat finansiellt holdingföretag</SPAN>: ett moderföretag som inte är ett reglerat företag och som tillsammans med sina dotterföretag, varav minst ett är ett reglerat företag med huvudkontor inom EES, och andra företag utgör ett finansiellt konglomerat,</P>
<P class="p87 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft38">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p92 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft38">finansiellt institut</SPAN>: ett företag som inte är ett kreditinstitut, värde- pappersbolag, fondbolag, eller <NOBR>AIF-förvaltare</NOBR> eller motsvarande utländskt företag och vars huvudsakliga verksamhet är att</P>
<P class="p87 ft2">a) förvärva aktier eller andelar,</P>
<P class="p87 ft2">b) driva en eller flera av de verksamheter som anges i</P>
<P class="p439 ft2">7 kap. 1 § andra stycket <NOBR>2–10,</NOBR> 12 och 15 lagen (2004:297) om bank- och finansieringsrörelse utan att vara tillståndspliktigt enligt 2 kap. 1 § samma lag, eller</P>
<P class="p87 ft2">c) driva värdepappersrörelse utan att vara tillståndspliktigt enligt</P>
<P class="p440 ft2">2 kap. 1 § lagen (2007:528) om värdepappersmarknaden, 7. <SPAN class="ft3">finansiell sektor</SPAN>: ett eller flera av följande företag</P>
<P class="p89 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">kreditinstitut, värdepappersbolag, fondbolag, </SPAN><NOBR>AIF-förvaltare</NOBR> eller motsvarande utländska företag samt finansiella institut och anknutna före- tag (bank- och värdepapperssektorn),</P>
<P class="p441 ft43"><SPAN class="ft25">1</SPAN><SPAN class="ft77">Jfr Europaparlamentets och rådets direktiv 2002/87/EG av den 16 december 2002 om extra tillsyn över kreditinstitut, försäkringsföretag och värdepappersföretag i ett finansiellt konglomerat och om ändring av rådets direktiv 73/239/EEG, 79/267/EEG, 92/49/EEG, 92/96/EEG, 93/6/EEG och 93/22/EEG samt Europaparlamentets och rådets direktiv 98/78/EG och 2000/12/EG, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t67">
<TR>
<TD class="tr2 td82"><P class="p18 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2019:760.</P></TD>
<TD class="tr2 td83"><P class="p16 ft2">83</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_84">
<P class="p432 ft2">Prop. 2020/21:173 b) försäkringsföretag eller motsvarande utländska företag, försäkrings- holdingföretag, specialföretag och tjänstepensionsföretag (försäkrings- sektorn), och</P>
<P class="p179 ft2">c) blandade finansiella holdingföretag,</P>
<P class="p259 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft53">fondbolag</SPAN>: ett svenskt aktiebolag som har fått tillstånd att driva fond- verksamhet enligt lagen (2004:46) om värdepappersfonder,</P>
<P class="p98 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft53">försäkringsföretag</SPAN>: ett försäkringsaktiebolag, ömsesidigt försäkrings- bolag eller en försäkringsförening enligt försäkringsrörelselagen (2010:2043),</P>
<P class="p98 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft38">försäkringsholdingföretag</SPAN>: ett moderföretag som inte är ett försäk- ringsföretag eller ett motsvarande utländskt företag eller ett blandat finan- siellt holdingföretag och vars huvudsakliga verksamhet är att förvärva och förvalta andelar i dotterföretag som uteslutande eller huvudsakligen är försäkringsföretag eller motsvarande utländska företag eller special- företag,</P>
<P class="p179 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft38">institut</SPAN>: kreditinstitut, värdepappersbolag, fondbolag och <NOBR>AIF-för-</NOBR></P>
<TABLE cellpadding=0 cellspacing=0 class="t22">
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td76"><P class="p279 ft2">valtare,</P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td170"><P class="p380 ft3"><SPAN class="ft2">12. </SPAN><SPAN class="ft24">konglomeratdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td70"><P class="p246 ft3"><SPAN class="ft2">12. </SPAN><SPAN class="ft24">konglomeratdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td170"><P class="p279 ft2">Europaparlamentets och</P></TD>
<TD colspan=2 class="tr4 td125"><P class="p186 ft31">rådets</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p73 ft2">Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td76"><P class="p279 ft2">direktiv</P></TD>
<TD colspan=2 class="tr5 td74"><P class="p18 ft2">2002/87/EG</P></TD>
<TD class="tr5 td181"><P class="p18 ft2">av</P></TD>
<TD colspan=2 class="tr5 td125"><P class="p186 ft2">den</P></TD>
<TD class="tr5 td53"><P class="p73 ft2">direktiv</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td38"><P class="p18 ft2">2002/87/EG</P></TD>
<TD class="tr5 td16"><P class="p246 ft2">av</P></TD>
<TD class="tr5 td56"><P class="p16 ft2">den</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td291"><P class="p279 ft2">16 december 2002 om extra tillsyn</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p73 ft2">16 december 2002 om extra tillsyn</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td291"><P class="p279 ft2">över kreditinstitut, försäkringsföre-</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p73 ft2">över kreditinstitut, försäkringsföre-</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td291"><P class="p279 ft2">tag och värdepappersföretag i ett</P></TD>
<TD colspan=6 class="tr5 td64"><P class="p73 ft2">tag och värdepappersföretag i ett</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td76"><P class="p279 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p32 ft2">konglomerat</P></TD>
<TD colspan=2 class="tr4 td135"><P class="p79 ft2">och</P></TD>
<TD class="tr4 td123"><P class="p186 ft2">om</P></TD>
<TD colspan=2 class="tr4 td80"><P class="p73 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr4 td38"><P class="p43 ft2">konglomerat</P></TD>
<TD class="tr4 td16"><P class="p29 ft2">och</P></TD>
<TD class="tr4 td56"><P class="p16 ft2">om</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td76"><P class="p279 ft2">ändring</P></TD>
<TD class="tr4 td12"><P class="p37 ft2">av</P></TD>
<TD class="tr4 td89"><P class="p18 ft2">rådets</P></TD>
<TD colspan=3 class="tr4 td230"><P class="p186 ft2">direktiv</P></TD>
<TD class="tr4 td53"><P class="p73 ft2">ändring</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p442 ft2">av</P></TD>
<TD class="tr4 td89"><P class="p18 ft2">rådets</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p16 ft2">direktiv</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td118"><P class="p279 ft2">73/239/EEG,</P></TD>
<TD colspan=4 class="tr5 td147"><P class="p186 ft2">79/267/EEG,</P></TD>
<TD colspan=3 class="tr5 td232"><P class="p73 ft2">73/239/EEG,</P></TD>
<TD colspan=3 class="tr5 td145"><P class="p16 ft2">79/267/EEG,</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td291"><P class="p279 ft2">92/49/EEG, 92/96/EEG, 93/6/EEG</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p73 ft2">92/49/EEG, 92/96/EEG, 93/6/EEG</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td291"><P class="p279 ft2">och 93/22/EEG samt Europaparla-</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p73 ft2">och 93/22/EEG samt Europaparla-</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td76"><P class="p279 ft2">mentets</P></TD>
<TD class="tr5 td12"><P class="p1 ft2">och</P></TD>
<TD class="tr5 td89"><P class="p79 ft2">rådets</P></TD>
<TD colspan=3 class="tr5 td230"><P class="p186 ft2">direktiv</P></TD>
<TD class="tr5 td53"><P class="p73 ft2">mentets</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p79 ft2">och</P></TD>
<TD class="tr5 td89"><P class="p79 ft2">rådets</P></TD>
<TD colspan=2 class="tr5 td122"><P class="p16 ft2">direktiv</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td76"><P class="p279 ft2">98/78/EG</P></TD>
<TD class="tr4 td12"><P class="p73 ft2">och</P></TD>
<TD colspan=3 class="tr4 td129"><P class="p77 ft2">2000/12/EG,</P></TD>
<TD class="tr4 td123"><P class="p186 ft2">i</P></TD>
<TD colspan=2 class="tr4 td80"><P class="p73 ft2">98/78/EG</P></TD>
<TD class="tr4 td37"><P class="p246 ft2">och</P></TD>
<TD colspan=3 class="tr4 td145"><P class="p16 ft2">2000/12/EG, i</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td291"><P class="p279 ft2">lydelsen enligt Europaparlamentets</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p73 ft2">lydelsen enligt Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td119"><P class="p279 ft31">och rådets direktiv <SPAN class="ft21">2013/36/EU</SPAN>,</P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p73 ft2">och</P></TD>
<TD colspan=2 class="tr5 td18"><P class="p443 ft31">rådets</P></TD>
<TD class="tr5 td89"><P class="p79 ft2">direktiv</P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td76"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td232"><P class="p73 ft3">2019/2034<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=12 class="tr4 td243"><P class="p380 ft2">13. <SPAN class="ft3">kreditinstitut</SPAN>: en bank eller ett kreditmarknadsföretag enligt lagen</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td291"><P class="p279 ft2">om bank- och finansieringsrörelse,</P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td217"><P class="p380 ft3"><SPAN class="ft2">14. </SPAN>reglerat företag<SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td292"><P class="p380 ft2">a) ett institut eller ett motsvarande utländskt företag, eller</P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=12 class="tr5 td243"><P class="p380 ft2">b) ett försäkringsföretag eller ett motsvarande utländskt företag, ett</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td157"><P class="p279 ft2">specialföretag eller ett tjänstepensionsföretag,</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td291"><P class="p380 ft3"><SPAN class="ft2">15. </SPAN>relevant behörig myndighet<SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=12 class="tr5 td243"><P class="p380 ft2">a) en behörig myndighet som ansvarar för tillsynen över en finansiell</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=12 class="tr4 td243"><P class="p279 ft31">företagsgrupp, försäkringsgrupp eller en motsvarande utländsk grupp som</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=12 class="tr4 td243"><P class="p279 ft2">ingår i ett finansiellt konglomerat, särskilt över det företag som är det</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=12 class="tr5 td243"><P class="p279 ft2">överordnade moderföretaget i bank- och värdepapperssektorn respektive</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td217"><P class="p279 ft2">försäkringssektorn,</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=12 class="tr4 td243"><P class="p380 ft2">b) någon annan behörig myndighet än som avses i a som utsetts till</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td257"><P class="p279 ft2">samordnare för ett finansiellt konglomerat, eller</P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=12 class="tr4 td243"><P class="p380 ft2">c) någon annan behörig myndighet som de myndigheter som avses i a</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td157"><P class="p279 ft2">och b kommer överens om är relevant,</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD colspan=12 class="tr5 td243"><P class="p380 ft2">16. <SPAN class="ft3">samordnare: </SPAN>den behöriga myndighet som enligt 4 kap. ansvarar för</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p278 ft2">84</P></TD>
<TD colspan=7 class="tr4 td157"><P class="p279 ft2">tillsynen över ett finansiellt konglomerat<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_85">
<P class="p136 ft2">17. <SPAN class="ft3">sektorsbestämmelser</SPAN>: de bestämmelser i lag och andra författningar Prop. 2020/21:173 som gäller för den rörelse som drivs av institut, försäkringsföretag och tjänstepensionsföretag,</P>
<P class="p444 ft2"><SPAN class="ft2">18.</SPAN><SPAN class="ft38">tjänstepensionsföretag</SPAN>: ett tjänstepensionsaktiebolag, ett ömsesidigt tjänstepensionsbolag eller en tjänstepensionsförening enligt lagen (2019:742) om tjänstepensionsföretag, och</P>
<P class="p91 ft2"><SPAN class="ft2">19.</SPAN><SPAN class="ft38">värdepappersbolag</SPAN>: ett svenskt aktiebolag som har fått tillstånd att driva värdepappersrörelse enligt lagen om värdepappersmarknaden.</P>
<P class="p445 ft22"><SPAN class="ft22">5</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">8 §</SPAN><SPAN class="ft20">3</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td98"><P class="p39 ft2">Om</P></TD>
<TD class="tr4 td11"><P class="p79 ft2">ett</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p39 ft2">blandat</P></TD>
<TD class="tr4 td65"><P class="p107 ft2">finansiellt</P></TD>
<TD class="tr4 td140"><P class="p39 ft2">Om</P></TD>
<TD class="tr4 td89"><P class="p237 ft2">ett</P></TD>
<TD class="tr4 td156"><P class="p412 ft2">blandat</P></TD>
<TD class="tr4 td27"><P class="p16 ft2">finansiellt</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">holdingföretag finns i toppen av ett</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">holdingföretag finns i toppen av ett</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">finansiellt konglomerat, vars största</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft31">finansiellt konglomerat, vars största</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">sektor är bank- och värdepappers-</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">sektor är bank- och värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft2">sektorn,</P></TD>
<TD colspan=4 class="tr4 td258"><P class="p108 ft2">gäller bestämmelserna om</P></TD>
<TD colspan=2 class="tr4 td158"><P class="p18 ft2">sektorn, gäller</P></TD>
<TD colspan=2 class="tr4 td159"><P class="p16 ft2">bestämmelserna om</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">stora exponeringar i Europa-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">stora exponeringar i Europa-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td172"><P class="p18 ft2">(EU) nr 575/2013 av</P></TD>
<TD class="tr4 td65"><P class="p108 ft2">den 26 juni</P></TD>
<TD class="tr4 td140"><P class="p18 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td194"><P class="p44 ft2">nr 575/2013 av</P></TD>
<TD class="tr4 td27"><P class="p16 ft2">den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft2">institut</P></TD>
<TD class="tr5 td11"><P class="p1 ft3">och</P></TD>
<TD colspan=3 class="tr5 td96"><P class="p107 ft3">värdepappersföretag</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft31">institut och om ändring av förordning</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">(EU) nr 648/2012 för samtliga före-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td95"><P class="p18 ft2">nr 648/2012</P></TD>
<TD colspan=3 class="tr4 td96"><P class="p107 ft2">för samtliga företag</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">tag som tillhör den sektorn och för</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">som tillhör den sektorn och för det</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">det blandade finansiella holding-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td95"><P class="p18 ft2">blandade</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p18 ft2">finansiella</P></TD>
<TD class="tr4 td65"><P class="p107 ft2">holding-</P></TD>
<TD colspan=2 class="tr4 td158"><P class="p18 ft2">företaget.</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td95"><P class="p18 ft2">företaget.</P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td293"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td274"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td269"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p407 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 class="t68">
<TR>
<TD class="tr2 td82"><P class="p18 ft29"><SPAN class="ft28">3 </SPAN>Senaste lydelse 2014:984.</P></TD>
<TD class="tr2 td83"><P class="p16 ft2">85</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_86">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr19 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft74">2.15</SPAN></P></TD>
<TD colspan=2 class="tr19 td294"><P class="p18 ft18">Förslag till lag om ändring i lagen (2010:751)</P></TD>
</TR>
<TR>
<TD class="tr33 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td92"><P class="p18 ft18">om betaltjänster</P></TD>
<TD class="tr33 td110"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr11 td295"><P class="p36 ft2">Härigenom föreskrivs att 1 kap. 4 § lagen (2010:751) om betaltjänster ska</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td111"><P class="p36 ft2">ha följande lydelse.</P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr18 td111"><P class="p36 ft3">Nuvarande lydelse</P></TD>
<TD class="tr18 td110"><P class="p18 ft3">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p143 ft22">1 kap.</P>
<P class="p144 ft2">4 §<SPAN class="ft20">1</SPAN></P>
<P class="p100 ft2">I denna lag betyder</P>
<P class="p98 ft2"><SPAN class="ft3">autentisering</SPAN>: ett förfarande där en betaltjänstanvändares personliga behörighetsfunktioner används och genom vilket en betaltjänstleverantör kan kontrollera betaltjänstanvändarens identitet eller ett betalnings- instruments giltighet,</P>
<P class="p98 ft2"><SPAN class="ft3">autogiro</SPAN>: en betaltjänst för debitering av en betalares betalkonto, där initiativet till en betalningstransaktion tas av betalningsmottagaren på grundval av betalarens samtycke till mottagaren, mottagarens betaltjänst- leverantör eller betalarens egen betaltjänstleverantör,</P>
<P class="p98 ft2"><SPAN class="ft3">bankdag</SPAN>: en dag på vilken en betaltjänstleverantör har öppet för verk- samhet i den utsträckning som krävs för genomförande av en betalnings- transaktion,</P>
<P class="p98 ft2"><SPAN class="ft3">betalare</SPAN>: en fysisk eller juridisk person som är antingen betalkonto- innehavare och som godkänner en betalningsorder från detta betalkonto, eller en fysisk eller juridisk person som lämnar en betalningsorder,</P>
<P class="p98 ft2"><SPAN class="ft3">betalkonto</SPAN>: ett konto som innehas i en eller flera betaltjänstanvändares namn och som är avsett för genomförandet av betalningstransaktioner,</P>
<P class="p98 ft2"><SPAN class="ft3">betalkontodirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/92/EU av den 23 juli 2014 om jämförbarhet för avgifter som avser betalkonto, byte av betalkonto och tillgång till betalkonto med grund- läggande funktioner, i den ursprungliga lydelsen,</P>
<P class="p98 ft2"><SPAN class="ft3">betalningsinstitut</SPAN>: ett aktiebolag eller en ekonomisk förening som har fått tillstånd att tillhandahålla betaltjänster enligt 2 kap.,</P>
<P class="p98 ft2"><SPAN class="ft3">betalningsinitieringstjänst</SPAN>: en tjänst för att på begäran av betaltjänst- användaren initiera en betalningsorder från ett betalkonto hos en annan betaltjänstleverantör,</P>
<P class="p98 ft2"><SPAN class="ft3">betalningsinstrument</SPAN>: ett kontokort eller något annat personligt instrument eller en personlig rutin som enligt avtal används för att initiera en betalningsorder,</P>
<P class="p98 ft2"><SPAN class="ft3">betalningsmottagare</SPAN>: en fysisk eller juridisk person som är den avsedda mottagaren av medel vid en betalningstransaktion,</P>
<P class="p98 ft2"><SPAN class="ft3">betalningsorder</SPAN>: varje instruktion som en betalare eller betalnings- mottagare ger sin betaltjänstleverantör om att en betalningstransaktion ska genomföras,</P>
<P class="p98 ft2"><SPAN class="ft3">betalningssystem</SPAN>: ett generellt betalsystem enligt 1 kap. 3 § andra stycket lagen (2004:297) om bank- och finansieringsrörelse,</P>
<TABLE cellpadding=0 cellspacing=0 class="t69">
<TR>
<TD class="tr2 td80"><P class="p278 ft2">86</P></TD>
<TD class="tr2 td134"><P class="p279 ft27"><SPAN class="ft48">1 </SPAN>Senaste lydelse 2018:175.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_87">
<DIV>
<DIV id="id_1">
<P class="p103 ft2"><SPAN class="ft3">betalningstransaktion</SPAN>: insättning, uttag eller överföring av medel som initieras av betalaren eller betalningsmottagaren, oberoende av eventuella underliggande förpliktelser mellan betalaren och betalningsmottagaren,</P>
<P class="p105 ft2"><SPAN class="ft3">betaltjänstanvändare</SPAN>: en fysisk eller juridisk person som utnyttjar en betaltjänst,</P>
<P class="p446 ft2"><SPAN class="ft3">betaltjänstdirektivet</SPAN>: Europaparlamentets och rådets direktiv (EU) 2015/2366 av den 25 november 2015 om betaltjänster på den inre mark- naden, om ändring av direktiven 2002/65/EG, 2009/110/EG och 2013/36/EU samt förordning (EU) nr 1093/2010 och om upphävande av direktiv 2007/64/EG, i den ursprungliga lydelsen,</P>
<P class="p132 ft2"><SPAN class="ft3">debitera</SPAN>: att medel dras från ett konto,</P>
<P class="p103 ft2"><SPAN class="ft3">elektroniskt kommunikationsnät</SPAN>: detsamma som i 1 kap. 7 § lagen (2003:389) om elektronisk kommunikation,</P>
<P class="p105 ft2"><SPAN class="ft3">elektronisk kommunikationstjänst</SPAN>: detsamma som i 1 kap. 7 § lagen om elektronisk kommunikation,</P>
<P class="p105 ft2"><SPAN class="ft3">filial</SPAN>: ett avdelningskontor med självständig förvaltning, varvid även ett utländskt betalningsinstituts etablering av flera driftställen ska anses som en enda filial,</P>
<P class="p105 ft2"><SPAN class="ft3">grupp</SPAN>: en grupp av företag som är knutna till varandra genom ett sådant förhållande som avses i 1 kap. 4, 5 eller 5 a § årsredovisnings- lagen (1995:1554) eller en grupp av företag som avses i artiklarna <NOBR>4–7</NOBR> i kommissionens delegerade förordning (EU) nr 241/2014 av den 7 januari 2014 om komplettering av Europaparlamentets och rådets förordning (EU) nr 575/2013 med avseende på tekniska tillsynsstandarder för kapitalbas- krav på institut och som är knutna till varandra genom ett sådant för- hållande som avses i artikel 10.1 eller artikel 113.6 eller 113.7 i tillsyns- förordningen,</P>
<P class="p315 ft2"><SPAN class="ft3">hemland</SPAN>: det land där ett företag har fått tillstånd att driva sådan verk- samhet som avses i denna lag,</P>
<P class="p446 ft31"><SPAN class="ft21">inlösen av transaktionsbelopp</SPAN>: en betaltjänst där en betaltjänstleverantör accepterar och behandlar betalningsmottagarens betalningstransaktioner för att sedan överföra medel till betalningsmottagaren,</P>
<P class="p105 ft2"><SPAN class="ft3">kapitalbas</SPAN>: detsamma som i 1 kap. 5 § 9 lagen om bank- och finan- sieringsrörelse,</P>
<P class="p105 ft2"><SPAN class="ft3">kontobaserad betalning</SPAN>: en betaltjänst för kreditering av en betalnings- mottagares betalkonto med en betalningstransaktion från en betalares betalkonto, som utförs av en betaltjänstleverantör som har tillgång till betalarens betalkonto, på grundval av en instruktion som lämnats av betalaren,</P>
<P class="p115 ft3">kontoförvaltande betaltjänstleverantör<SPAN class="ft2">: en betaltjänstleverantör som tillhandahåller och förvaltar ett betalkonto,</SPAN></P>
<P class="p103 ft2"><SPAN class="ft3">kontoinformationstjänst</SPAN>: en onlinetjänst för att tillhandahålla sam- manställd information om ett eller flera betalkonton som betaltjänst- användaren har hos en eller flera andra betaltjänstleverantörer,</P>
<P class="p105 ft2"><SPAN class="ft3">konsument</SPAN>: en fysisk person som handlar huvudsakligen för ändamål som faller utanför näringsverksamhet,</P>
<P class="p87 ft2"><SPAN class="ft3">kreditera</SPAN>: att medel tillförs ett konto,</P>
<P class="p103 ft2"><SPAN class="ft3">kreditinstitut</SPAN>: detsamma som i 1 kap. 5 § 10 lagen om bank- och finansieringsrörelse,</P>
<P class="p105 ft2"><SPAN class="ft3">kvalificerat innehav</SPAN>: detsamma som i 1 kap. 5 § 15 lagen om bank- och finansieringsrörelse,</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">87</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_88">
<TABLE cellpadding=0 cellspacing=0 class="t22">
<TR>
<TD class="tr2 td66"><P class="p107 ft2">Prop. 2020/21:173</P></TD>
<TD colspan=4 class="tr2 td103"><P class="p16 ft2"><SPAN class="ft3">känslig betalningsuppgift</SPAN>: en personlig behörighetsfunktion eller annan</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2">uppgift som kan användas för svikliga förfaranden, dock inte konto-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft31">innehavarens namn och kontonummer i sådan verksamhet som drivs av en</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2">leverantör av betalningsinitieringstjänster eller en leverantör av konto-</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td60"><P class="p18 ft2">informationstjänster,</P></TD>
<TD class="tr5 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td224"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2"><SPAN class="ft3">lagligen bosatt inom EES</SPAN>: en fysisk person som har rätt att bosätta sig</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2">inom EES i enlighet med unionsrätten eller nationell rätt, inbegripet</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td103"><P class="p16 ft2">personer utan fast adress och personer som söker asyl inom ramen för</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2">Genèvekonventionen av den 28 juli 1951 angående flyktingars rättsliga</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2">ställning, protokollet till denna av den 31 januari 1967 och andra relevanta</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td60"><P class="p18 ft2">internationella fördrag,</P></TD>
<TD class="tr5 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td224"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2"><SPAN class="ft3">medel</SPAN>: sedlar och mynt, kontotillgodohavanden samt elektroniska pengar</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td191"><P class="p18 ft2">enligt lagen (2011:755) om elektroniska pengar,</P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td103"><P class="p16 ft2"><SPAN class="ft3">obehörig transaktion</SPAN>: en transaktion som genomförs utan samtycke från</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2">kontohavaren eller någon annan som enligt kontoavtalet är behörig att</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td60"><P class="p18 ft2">använda kontot,</P></TD>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td224"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td103"><P class="p16 ft2"><SPAN class="ft3">penningöverföring</SPAN>: en betaltjänst där medel tas emot från en betalare,</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2">utan att något betalkonto öppnas i betalarens eller betalningsmottagarens</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft31">namn, uteslutande i syfte att överföra motsvarande belopp till en mottagare</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td103"><P class="p16 ft31">eller en annan betaltjänstleverantör som agerar på mottagarens vägnar, eller</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft31">där dessa medel tas emot på mottagarens vägnar och ställs till mottagarens</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td60"><P class="p18 ft2">förfogande,</P></TD>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td224"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td103"><P class="p16 ft31"><SPAN class="ft21">personlig behörighetsfunktion</SPAN>: en personligt anpassad funktion som betal-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft31">tjänstleverantören tillhandahåller betaltjänstanvändaren för autentiserings-</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td60"><P class="p18 ft2">ändamål,</P></TD>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td224"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td103"><P class="p16 ft2"><SPAN class="ft3">ramavtal</SPAN>: ett avtal om betaltjänster som reglerar genomförandet av</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2">kommande enskilda och successiva betalningstransaktioner och som kan</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p18 ft2">innehålla skyldigheter och villkor för att öppna ett betalkonto,</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td103"><P class="p16 ft2"><SPAN class="ft3">referensväxelkurs</SPAN>: den växelkurs som ligger till grund för beräkningen</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2">av eventuell valutaväxling och görs tillgänglig av betaltjänstleverantören</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td191"><P class="p18 ft2">eller härrör från en offentligt tillgänglig källa,</P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td103"><P class="p16 ft2"><SPAN class="ft3">referensräntesats</SPAN>: den räntesats som ligger till grund för beräkningen av</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2">eventuell tillämplig ränta och som härrör från en offentligt tillgänglig källa</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p18 ft2">som kan kontrolleras av båda parterna i ett avtal om betaltjänster,</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td103"><P class="p16 ft31"><SPAN class="ft21">registrerad betaltjänstleverantör</SPAN>: en betaltjänstleverantör som undantagits</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td191"><P class="p18 ft2">från krav på tillstånd enligt 2 kap. 3 §,</P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft31"><SPAN class="ft21">stark kundautentisering</SPAN>: en autentisering som grundas på användning av</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td103"><P class="p16 ft2">två eller flera komponenter, kategoriserade som kunskap (något som bara</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2">användaren vet), innehav (något som bara användaren har) och unik</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2">egenskap (något som användaren är), som är fristående från varandra så</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td103"><P class="p29 ft2">att det förhållandet att någon har kommit över en av komponenterna inte</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2">äventyrar de andra komponenternas tillförlitlighet, och som är utformad</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p18 ft2">för att skydda autentiseringsuppgifterna mot obehörig åtkomst,</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td110"><P class="p39 ft2"><SPAN class="ft3">startkapital</SPAN>: detsamma som i</P></TD>
<TD class="tr5 td224"><P class="p182 ft2">1 kap. 5 § 18 lagen om</P></TD>
<TD class="tr5 td27"><P class="p16 ft2">bank- och</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td60"><P class="p18 ft2">finansieringsrörelse,</P></TD>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td224"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td103"><P class="p16 ft2"><SPAN class="ft3">säker kommunikation</SPAN>: sådan kommunikation som uppfyller kraven i de</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td103"><P class="p16 ft2">tekniska standarder som antagits av Europeiska kommissionen i enlighet</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td191"><P class="p18 ft2">med artikel 98 i betaltjänstdirektivet,</P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td60"><P class="p39 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td55"><P class="p29 ft2">Europa-</P></TD>
<TD class="tr4 td224"><P class="p182 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td27"><P class="p16 ft2">Europa-</P></TD>
</TR>
<TR>
<TD class="tr5 td66"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td110"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=2 class="tr5 td109"><P class="p16 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD class="tr4 td66"><P class="p113 ft2">88</P></TD>
<TD class="tr4 td60"><P class="p18 ft2">(EU) nr 575/2013 av</P></TD>
<TD class="tr4 td55"><P class="p29 ft2">den 26 juni</P></TD>
<TD class="tr4 td224"><P class="p44 ft2">(EU) nr 575/2013 av</P></TD>
<TD class="tr4 td27"><P class="p16 ft2">den 26 juni</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_89">
<DIV id="p89dimg1">
<INGENBILD zsrc="H80317389x1.jpg/" id="p89img1">
</DIV>
<DIV>
<DIV id="id_1">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td50"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD class="tr2 td85"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft3"><SPAN class="ft2">institut </SPAN>och värdepappersföretag</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">institut och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">förordning (EU) nr 648/2012,</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">nr 648/2012,</P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p105 ft2"><SPAN class="ft3">unik identifikationskod</SPAN>: en kombination av bokstäver, siffror eller sym- boler som tillhandahållits av en betaltjänstleverantör, och som en betal- tjänstanvändare ska uppge för att otvetydigt identifiera en annan betal- tjänstanvändare eller dennes betalkonto,</P>
<P class="p115 ft2"><SPAN class="ft3">utgivning av betalningsinstrument</SPAN>: en betaltjänst hos en betaltjänst- leverantör om att tillhandahålla betalaren ett betalningsinstrument för att initiera och behandla betalarens betalningstransaktioner,</P>
<P class="p103 ft2"><SPAN class="ft3">utländskt kreditinstitut</SPAN>: detsamma som i 1 kap. 5 § 21 lagen om bank- och finansieringsrörelse,</P>
<P class="p105 ft2"><SPAN class="ft3">valuteringsdag</SPAN>: den referenstidpunkt som används av en betaltjänst- leverantör för att beräkna räntan på de medel som debiterats eller krediterats ett betalkonto.</P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">89</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_90">
<DIV id="p90dimg1">
<INGENBILD zsrc="H80317390x1.jpg/" id="p90img1">
</DIV>
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR height=0>
<TD width=174px></TD>
<TD width=143px></TD>
<TD width=190px></TD>
</TR>
<TR>
<TD class="tr19 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft74">2.16</SPAN></P></TD>
<TD colspan=2 class="tr19 td294"><P class="p18 ft18">Förslag till lag om ändring i lagen (2011:755)</P></TD>
</TR>
<TR>
<TD class="tr33 td200"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr33 td294"><P class="p18 ft18">om elektroniska pengar</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr11 td295"><P class="p36 ft2">Härigenom föreskrivs att 3 kap. 2 § lagen (2011:755) om elektroniska</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td111"><P class="p36 ft2">pengar ska ha följande lydelse.</P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr18 td111"><P class="p36 ft3">Nuvarande lydelse</P></TD>
<TD class="tr18 td110"><P class="p18 ft3">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p143 ft22">3 kap.</P>
<P class="p144 ft2">2 §<SPAN class="ft20">1</SPAN></P>
<P class="p447 ft2">Ett institut för elektroniska pengar ska vid varje tidpunkt ha en kapital- bas som lägst motsvarar startkapitalet enligt 1 § eller ett kapitalkrav beräknat enligt 3 §. Institutets kapitalbas får inte underskrida det högsta av</P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD colspan=2 class="tr5 td147"><P class="p18 ft2">dessa belopp.</P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td101"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2">Vid beräkningen av kapitalbasen</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">Vid beräkningen av kapitalbasen</P></TD>
</TR>
<TR>
<TD class="tr5 td27"><P class="p18 ft2">och dess</P></TD>
<TD colspan=3 class="tr5 td136"><P class="p77 ft2">sammansättning</P></TD>
<TD class="tr5 td135"><P class="p108 ft2">ska</P></TD>
<TD class="tr5 td101"><P class="p18 ft2">och dess</P></TD>
<TD colspan=2 class="tr5 td174"><P class="p32 ft2">sammansättning</P></TD>
<TD class="tr5 td126"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td147"><P class="p18 ft31">Europaparlamentets</P></TD>
<TD class="tr4 td233"><P class="p206 ft2">och</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p108 ft2">rådets</P></TD>
<TD colspan=2 class="tr4 td187"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td75"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td126"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td114"><P class="p79 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td72"><P class="p18 ft2">nr 575/2013</P></TD>
<TD class="tr4 td135"><P class="p108 ft2">av</P></TD>
<TD class="tr4 td101"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr4 td99"><P class="p16 ft2">(EU) nr 575/2013 av</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td109"><P class="p18 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">den 26 juni 2013 om tillsynskrav för</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2">för kreditinstitut <SPAN class="ft3">och värdepap-</SPAN></P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">persföretag </SPAN>och om ändring av</P></TD>
<TD class="tr4 td101"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td54"><P class="p39 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td72"><P class="p16 ft2">nr 648/2012</P></TD>
</TR>
<TR>
<TD class="tr5 td27"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr5 td136"><P class="p18 ft2">(EU) nr 648/2012</P></TD>
<TD class="tr5 td135"><P class="p108 ft2">till-</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">tillämpas. Därutöver gäller följande</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td147"><P class="p18 ft2">lämpas. Därutöver</P></TD>
<TD class="tr4 td233"><P class="p43 ft2">gäller</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p108 ft2">följande</P></TD>
<TD colspan=2 class="tr4 td187"><P class="p18 ft2">vid beräkningen:</P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td147"><P class="p18 ft2">vid beräkningen:</P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td101"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p98 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">Ett institut för elektroniska pengar som tillhör samma grupp som ett annat institut för elektroniska pengar, eller ett betalningsinstitut, ett kreditinstitut, ett värdepappersföretag, ett fondbolag, en </SPAN><NOBR>AIF-förvaltare</NOBR> som förvaltar specialfonder, ett försäkringsföretag eller ett tjänste- pensionsföretag får vid beräkning av kapitalbasen inte ta med sådana poster som ingår i beräkningen av något av dessa företags kapitalbas.</P>
<P class="p97 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">Ett institut för elektroniska pengar som bedriver annan verksamhet i enlighet med 5 § får vid beräkningen av kapitalbasen inte ta med sådana poster som ingår i beräkningen av kapitalbasen i den andra verksamheten.</SPAN></P>
<P class="p98 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">För ett institut för elektroniska pengar som har bytt redovisnings- valuta får kapitalbasen inte understiga det högsta av de belopp som följer av 6 och 7 §§ lagen (2000:35) om byte av redovisningsvaluta i finansiella företag.</SPAN></P>
<P class="p435 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 class="t70">
<TR>
<TD class="tr2 td80"><P class="p278 ft2">90</P></TD>
<TD class="tr2 td134"><P class="p279 ft27"><SPAN class="ft48">1 </SPAN>Senaste lydelse 2019:768.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_91">
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR height=0>
<TD width=46px></TD>
<TD width=158px></TD>
<TD width=202px></TD>
<TD width=99px></TD>
</TR>
<TR>
<TD class="tr32 td156"><P class="p18 ft18">2.17</P></TD>
<TD colspan=2 class="tr32 td288"><P class="p237 ft18">Förslag till lag om ändring i lagen (2013:561)</P></TD>
<TD class="tr32 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr33 td156"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr33 td288"><P class="p237 ft18">om förvaltare av alternativa investeringsfonder</P></TD>
<TD class="tr33 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr11 td81"><P class="p18 ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>att 1 kap. 10 §, 7 kap. 4 och 6 §§ och 9 kap. 4 §</P></TD>
<TD class="tr11 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td81"><P class="p18 ft2">lagen (2013:561) om förvaltare av alternativa investeringsfonder ska ha</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p18 ft2">följande lydelse.</P></TD>
<TD class="tr5 td228"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr22 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr22 td228"><P class="p18 ft3">Föreslagen lydelse</P></TD>
<TD class="tr22 td49"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p423 ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">10 §</SPAN><SPAN class="ft20">2</SPAN></P>
<P class="p87 ft3"><SPAN class="ft2">Med ett </SPAN>förvaringsinstituts behöriga myndigheter <SPAN class="ft2">avses följande. Om</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=4 class="tr4 td232"><P class="p18 ft2">förvaringsinstitutet</P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p39 ft2">1. är</P></TD>
<TD colspan=5 class="tr4 td204"><P class="p301 ft2">ett kreditinstitut</P></TD>
<TD colspan=2 class="tr4 td123"><P class="p18 ft2">med</P></TD>
<TD class="tr4 td114"><P class="p108 ft2">till-</P></TD>
<TD class="tr4 td233"><P class="p39 ft2">1. är</P></TD>
<TD colspan=5 class="tr4 td61"><P class="p18 ft2">ett kreditinstitut med</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">till-</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">stånd som avses enligt Europa-</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">stånd som avses enligt Europa-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td101"><P class="p18 ft31">parlamentets</P></TD>
<TD colspan=2 class="tr5 td12"><P class="p178 ft31">och</P></TD>
<TD class="tr5 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft2">rådets</P></TD>
<TD colspan=3 class="tr5 td35"><P class="p108 ft2">direktiv</P></TD>
<TD colspan=3 class="tr5 td204"><P class="p18 ft2">parlamentets och</P></TD>
<TD colspan=2 class="tr5 td18"><P class="p81 ft2">rådets</P></TD>
<TD colspan=2 class="tr5 td75"><P class="p16 ft31">direktiv</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">2013/36/EU av den 26 juni 2013</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">2013/36/EU av den 26 juni 2013</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">om behörighet att utöva verksamhet</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft31">om behörighet att utöva verksamhet</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td50"><P class="p18 ft2">i kreditinstitut och om tillsyn av</P></TD>
<TD colspan=7 class="tr5 td85"><P class="p18 ft2">i kreditinstitut och om tillsyn av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td101"><P class="p18 ft31">kreditinstitut</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p42 ft3">och</P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td130"><P class="p108 ft3">värdepappers-</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p18 ft2">kreditinstitut,</P></TD>
<TD colspan=4 class="tr4 td22"><P class="p18 ft2">om ändring</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">av</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft3">företag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft2">om</P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td149"><P class="p307 ft31">ändring</P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p108 ft2">av</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">direktiv 2002/87/EG och om upp-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td100"><P class="p18 ft2">direktiv 2002/87/EG</P></TD>
<TD class="tr5 td88"><P class="p32 ft2">och</P></TD>
<TD class="tr5 td181"><P class="p18 ft2">om</P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p108 ft31">upp-</P></TD>
<TD colspan=4 class="tr5 td112"><P class="p18 ft2">hävande av <SPAN class="ft3">direktiven</SPAN></P></TD>
<TD colspan=3 class="tr5 td101"><P class="p16 ft2">2006/48/EG</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">hävande av <SPAN class="ft3">direktiv </SPAN>2006/48/EG och</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft3"><SPAN class="ft2">och 2006/49/EG</SPAN>, i lydelsen enligt</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td232"><P class="p18 ft2">2006/49/EG: den</P></TD>
<TD colspan=4 class="tr4 td35"><P class="p256 ft2">myndighet</P></TD>
<TD class="tr4 td114"><P class="p108 ft2">som</P></TD>
<TD colspan=4 class="tr4 td112"><P class="p18 ft3">Europaparlamentets</P></TD>
<TD class="tr4 td190"><P class="p1 ft3">och</P></TD>
<TD colspan=2 class="tr4 td75"><P class="p16 ft3">rådets</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td50"><P class="p18 ft2">anges i 1 kap. <SPAN class="ft3">6 </SPAN>§ lagen (2014:968)</P></TD>
<TD colspan=7 class="tr5 td85"><P class="p18 ft3">direktiv (EU) 2019/2034<SPAN class="ft2">: den</SPAN></P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">om särskild tillsyn över kreditinstitut</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p18 ft2">myndighet som</P></TD>
<TD colspan=5 class="tr4 td147"><P class="p16 ft2">anges i 1 kap. <SPAN class="ft3">4 </SPAN>§</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td219"><P class="p18 ft2">och värdepappersbolag</P></TD>
<TD colspan=2 class="tr4 td123"><P class="p1 ft2">eller</P></TD>
<TD class="tr4 td114"><P class="p107 ft2">en</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">lagen (2014:968) om särskild tillsyn</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td50"><P class="p18 ft2">annan myndighet i ett annat land</P></TD>
<TD colspan=7 class="tr5 td85"><P class="p18 ft2">över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">inom EES som utövar tillsyn över</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p18 ft2">pappersbolag</P></TD>
<TD colspan=2 class="tr4 td47"><P class="p1 ft2">eller</P></TD>
<TD class="tr4 td190"><P class="p43 ft2">en</P></TD>
<TD colspan=2 class="tr4 td75"><P class="p16 ft2">annan</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft2">institut,</P></TD>
<TD colspan=2 class="tr4 td53"><P class="p73 ft2">institut</P></TD>
<TD colspan=6 class="tr4 td159"><P class="p107 ft2">för elektroniska</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">myndighet i ett annat land inom</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td50"><P class="p18 ft2">pengar eller motsvarande utländska</P></TD>
<TD colspan=7 class="tr5 td85"><P class="p18 ft2">EES som utövar tillsyn över</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft2">företag,</P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft2">institut,</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p73 ft2">institut</P></TD>
<TD class="tr4 td69"><P class="p18 ft2">för</P></TD>
<TD colspan=3 class="tr4 td101"><P class="p16 ft2">elektroniska</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">pengar eller motsvarande utländska</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td233"><P class="p18 ft2">företag,</P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p107 ft2">2. är ett värdepappersföretag med</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p16 ft2">2. är ett värdepappersföretag med</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">tillstånd som avses enligt Europa-</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">tillstånd som avses enligt Europa-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td145"><P class="p18 ft2">parlamentets</P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td114"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td156"><P class="p107 ft31">rådets</P></TD>
<TD colspan=2 class="tr5 td151"><P class="p18 ft2">parlamentets</P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p32 ft31">och</P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td75"><P class="p16 ft2">rådets</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">direktiv 2014/65/EU av den 15 maj</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">direktiv 2014/65/EU av den 15 maj</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">2014 om marknader för finansiella</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">2014 om marknader för finansiella</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td50"><P class="p18 ft2">instrument och om ändring av</P></TD>
<TD colspan=7 class="tr5 td85"><P class="p18 ft2">instrument och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">direktiv 2002/92/EG och av direk-</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">direktiv 2002/92/EG och av direk-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td145"><P class="p18 ft2">tiv 2011/61/EU,</P></TD>
<TD class="tr4 td124"><P class="p18 ft2">i</P></TD>
<TD colspan=3 class="tr4 td102"><P class="p37 ft2">lydelsen</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p107 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p18 ft2">tiv 2011/61/EU,</P></TD>
<TD class="tr4 td87"><P class="p77 ft2">i</P></TD>
<TD colspan=4 class="tr4 td194"><P class="p16 ft2">lydelsen enligt</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td100"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD colspan=2 class="tr5 td149"><P class="p448 ft31">och</P></TD>
<TD colspan=2 class="tr5 td156"><P class="p107 ft31">rådets</P></TD>
<TD colspan=4 class="tr5 td112"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td190"><P class="p18 ft2">och</P></TD>
<TD colspan=2 class="tr5 td75"><P class="p16 ft2">rådets</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">direktiv (EU) <SPAN class="ft3">2016/1034</SPAN>: de myn-</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">direktiv (EU) <SPAN class="ft3">2019/2034</SPAN>: de myn-</P></TD>
</TR>
</TABLE>
<P class="p449 ft43"><SPAN class="ft25">1</SPAN><SPAN class="ft77">Jfr Europaparlamentets och rådets direktiv 2011/61/EU av den 8 juni 2011 om förvaltare av alternativa investeringsfonder samt om ändring av direktiv 2003/41/EG och 2009/65/EG och förordningarna (EG) nr 1060/2009 och (EU) nr 1095/2010, i lydelsen enligt Europa- parlamentets och rådets direktiv (EU) 2019/2034.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t71">
<TR>
<TD class="tr2 td82"><P class="p18 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2017:701.</P></TD>
<TD class="tr2 td83"><P class="p16 ft2">91</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_92">
<DIV id="tx1"><SPAN class="ft31">En </SPAN><NOBR><SPAN class="ft31">AIF-förvaltares</SPAN></NOBR><SPAN class="ft31"> kapitalbas får, trots det som anges i 2 och 3 §§, inte understiga </SPAN><SPAN class="ft21">det </SPAN><SPAN class="ft31">belopp som </SPAN><SPAN class="ft21">framgår av artikel 13 i Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värde- pappersföretag och om ändring av</SPAN></DIV>
<DIV id="tx2"><SPAN class="ft3">förordningarna</SPAN><SPAN style="padding-left:80px;"><SPAN class="ft3">(EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014</SPAN><SPAN class="ft2">. </SPAN><SPAN class="ft3">Vid tillämpningen av den artikeln ska det som anges där om värdepappersföretag gälla för </SPAN><NOBR><SPAN class="ft3">AIF-förvaltare.</SPAN></NOBR></SPAN></DIV>
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td111"><P class="p108 ft2">Prop. 2020/21:173 digheter som anges i 1 kap. 4 b §</P></TD>
<TD class="tr2 td110"><P class="p18 ft2">digheter som anges i 1 kap. 4 b §</P></TD>
</TR>
<TR>
<TD class="tr4 td111"><P class="p108 ft2">lagen (2007:528) om värdepappers-</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">lagen (2007:528) om värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td111"><P class="p450 ft2">marknaden,</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">marknaden,</P></TD>
</TR>
</TABLE>
<P class="p98 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">är ett sådant institut som avses i 9 kap. 4 § första stycket 3: de myndig- heter i institutets hemland som enligt nationell lag eller annan författning har behörighet att utöva tillsyn över sådana institut,</SPAN></P>
<P class="p98 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">är någon som avses i 9 kap. 7 §: de myndigheter i det land inom EES där denne är etablerad och vilka, enligt nationell lag eller annan förfat- tning, har behörighet att utöva tillsyn över denne, alternativt det officiella organ som har behörighet att registrera eller utöva tillsyn över denne i enlighet med yrkesetiska regler, eller</SPAN></P>
<P class="p98 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">är utsett som förvaringsinstitut för en icke </SPAN><NOBR>EES-baserad</NOBR> alternativ investeringsfond enligt 9 kap. 5 § och inte omfattas av <NOBR>1–4:</NOBR> de berörda nationella myndigheterna i det land där förvaringsinstitutet har sitt stadge- enliga säte.</P>
<P class="p366 ft22">7 kap.</P>
<P class="p144 ft2">4 §<SPAN class="ft20">3</SPAN></P>
<P class="p451 ft2">En <NOBR>AIF-förvaltares</NOBR> kapitalbas får, trots det som anges i 2 och 3 §§, inte understiga <SPAN class="ft3">ett </SPAN>belopp som <SPAN class="ft3">mot- svarar 25 procent av dess fasta omkostnader för det föregående året eller, om </SPAN><NOBR><SPAN class="ft3">AIF-förvaltarens</SPAN></NOBR><SPAN class="ft3"> verksamhet har pågått kortare tid än ett år, 25 procent av de fasta omkostnader som angetts i AIF- förvaltarens verksamhetsplan</SPAN>.</P>
<P class="p452 ft3">Om omfattningen av <NOBR>AIF-för-</NOBR> valtarens verksamhet har ändrats väsentligt sedan det föregående året eller om Finansinspektionen finner att verksamhetsplanen be- höver korrigeras, får inspektionen besluta om ändring av kapitalkravet enligt första stycket.</P>
<P class="p453 ft2">Ett belopp motsvarande kapitalbasen ska investeras i likvida tillgångar och får inte innehålla spekulativa positioner.</P>
<P class="p454 ft2">6 §<SPAN class="ft20">4</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD class="tr5 td109"><P class="p108 ft2">Bestämmelser om tillsyn på grupp-</P></TD>
<TD class="tr5 td110"><P class="p48 ft31">Bestämmelser om tillsyn på grupp-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">nivå finns i artiklarna <NOBR>11–24</NOBR> i</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">nivå finns i</P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 class="t72">
<TR>
<TD rowspan=2 class="tr25 td36"><P class="p16 ft2">92</P></TD>
<TD class="tr4 td120"><P class="p29 ft39">3</P></TD>
<TD class="tr4 td296"><P class="p79 ft27">Ändringen innebär bl.a. att andra stycket tas bort.</P></TD>
</TR>
<TR>
<TD class="tr14 td120"><P class="p29 ft39">4</P></TD>
<TD class="tr14 td296"><P class="p79 ft29">Senaste lydelse 2017:1147.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_93">
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD colspan=2 class="tr2 td118"><P class="p18 ft2">Europaparlamentets och</P></TD>
<TD class="tr2 td122"><P class="p186 ft2">rådets</P></TD>
<TD colspan=2 class="tr2 td45"><P class="p206 ft2"><SPAN class="ft3">– </SPAN>artiklarna <NOBR>11–24</NOBR> i Europaparla- Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr4 td197"><P class="p18 ft2">förordning (EU)</P></TD>
<TD colspan=2 class="tr4 td194"><P class="p44 ft2">nr 575/2013, <SPAN class="ft3">i</SPAN></P></TD>
<TD colspan=2 class="tr4 td45"><P class="p77 ft2">mentets och rådets förordning (EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td197"><P class="p18 ft2">lagen (2006:531)</P></TD>
<TD class="tr4 td62"><P class="p32 ft2">om</P></TD>
<TD class="tr4 td122"><P class="p186 ft2">särskild</P></TD>
<TD class="tr4 td194"><P class="p77 ft2">nr 575/2013,</P></TD>
<TD class="tr4 td297"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td64"><P class="p18 ft2">tillsyn över finansiella konglomerat</P></TD>
<TD class="tr4 td194"><P class="p206 ft3">– artikel 7 i</P></TD>
<TD class="tr4 td297"><P class="p204 ft21">Europaparlamentets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td64"><P class="p18 ft2"><SPAN class="ft3">samt i </SPAN>lagen (2014:968) om särskild</P></TD>
<TD class="tr5 td194"><P class="p77 ft3">och rådets</P></TD>
<TD class="tr5 td297"><P class="p204 ft3">förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td64"><P class="p18 ft2">tillsyn över kreditinstitut och värde-</P></TD>
<TD class="tr4 td194"><P class="p77 ft3">2019/2033,</P></TD>
<TD class="tr4 td297"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td197"><P class="p18 ft2">pappersbolag.</P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td45"><P class="p206 ft2"><SPAN class="ft3">– </SPAN>lagen (2006:531) om särskild</P></TD>
</TR>
<TR>
<TD class="tr5 td197"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td45"><P class="p77 ft2">tillsyn över finansiella konglome-</P></TD>
</TR>
<TR>
<TD class="tr4 td197"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td194"><P class="p77 ft3"><SPAN class="ft2">rat</SPAN>, och</P></TD>
<TD class="tr4 td297"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p305 ft2"><SPAN class="ft3">–</SPAN><SPAN class="ft17">lagen (2014:968) om särskild tillsyn över kreditinstitut och värde- pappersbolag.</SPAN></P>
<P class="p410 ft22">9 kap.</P>
<P class="p455 ft2">4 §<SPAN class="ft20">5</SPAN></P>
<P class="p88 ft2">Ett förvaringsinstitut för en <NOBR>EES-baserad</NOBR> alternativ investeringsfond ska vara</P>
<P class="p87 ft2">1. ett kreditinstitut som</P>
<P class="p65 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">har stadgeenligt säte inom EES, och</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">har tillstånd som avses i Europaparlamentets och rådets direktiv</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td50"><P class="p18 ft2">2013/36/EU,</P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td138"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">2. ett värdepappersföretag som</P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td138"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">a) har stadgeenligt säte inom EES,</P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td138"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p39 ft2">b) omfattas av kapitalkraven i</P></TD>
<TD class="tr5 td74"><P class="p456 ft2">b) omfattas</P></TD>
<TD class="tr5 td36"><P class="p18 ft2">av</P></TD>
<TD class="tr5 td138"><P class="p16 ft2">kapitalkraven i</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">enlighet med artikel 92 i förordning</P></TD>
<TD class="tr4 td74"><P class="p18 ft2">enlighet med</P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td138"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">(EU) nr 575/2013, och</P></TD>
<TD class="tr4 td74"><P class="p456 ft2"><SPAN class="ft3">– </SPAN>artikel 92</P></TD>
<TD class="tr4 td36"><P class="p18 ft2">i</P></TD>
<TD class="tr4 td138"><P class="p16 ft21">Europaparlamen-</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td85"><P class="p16 ft2"><SPAN class="ft3">tets och rådets </SPAN>förordning (EU) nr</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td145"><P class="p218 ft2">575/2013<SPAN class="ft3">, eller</SPAN></P></TD>
<TD class="tr4 td138"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p305 ft3"><SPAN class="ft3">–</SPAN><SPAN class="ft38">artikel 11 i Europaparlamen- tets och rådets förordning (EU) 2019/2033</SPAN><SPAN class="ft2">, och</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr5 td233"><P class="p39 ft2">c) har</P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td102"><P class="p23 ft31">tillstånd</P></TD>
<TD colspan=2 class="tr5 td140"><P class="p18 ft2">som</P></TD>
<TD class="tr5 td68"><P class="p18 ft2">avses</P></TD>
<TD class="tr5 td128"><P class="p107 ft2">i</P></TD>
<TD colspan=2 class="tr5 td54"><P class="p39 ft2">c) har</P></TD>
<TD class="tr5 td54"><P class="p291 ft2">tillstånd</P></TD>
<TD colspan=2 class="tr5 td12"><P class="p79 ft2">som</P></TD>
<TD class="tr5 td126"><P class="p18 ft31">avses</P></TD>
<TD class="tr5 td59"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td159"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft2">och</P></TD>
<TD colspan=2 class="tr4 td183"><P class="p107 ft2">rådets</P></TD>
<TD colspan=3 class="tr4 td100"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p247 ft2">och</P></TD>
<TD colspan=2 class="tr4 td89"><P class="p16 ft2">rådets</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">direktiv 2014/65/EU, inbegripet för</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">direktiv 2014/65/EU, inbegripet för</P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft2">att</P></TD>
<TD colspan=3 class="tr4 td148"><P class="p247 ft2">tillhandahålla</P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td74"><P class="p107 ft2">sidotjänster</P></TD>
<TD class="tr4 td69"><P class="p18 ft2">att</P></TD>
<TD colspan=2 class="tr4 td22"><P class="p29 ft2">tillhandahålla</P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td235"><P class="p16 ft2">sidotjänster</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft2">avseende förvaring och hand-</P></TD>
<TD colspan=7 class="tr5 td85"><P class="p18 ft2">avseende förvaring och hand-</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">havande av finansiella instrument för</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft31">havande av finansiella instrument för</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">kunders räkning som avses i</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">kunders räkning som avses i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td233"><P class="p18 ft2">punkt 1</P></TD>
<TD class="tr5 td210"><P class="p32 ft2">i</P></TD>
<TD class="tr5 td102"><P class="p247 ft2">avsnitt B</P></TD>
<TD class="tr5 td36"><P class="p32 ft2">i</P></TD>
<TD colspan=2 class="tr5 td18"><P class="p80 ft2">bilaga I</P></TD>
<TD class="tr5 td128"><P class="p108 ft2">till</P></TD>
<TD colspan=2 class="tr5 td54"><P class="p18 ft2">punkt 1 i</P></TD>
<TD class="tr5 td54"><P class="p29 ft2">avsnitt B</P></TD>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td24"><P class="p18 ft2">i bilaga I</P></TD>
<TD class="tr5 td59"><P class="p16 ft2">till</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">direktivet, och som har egna medel</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">direktivet, och som har egna medel</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">motsvarande det startkapital som</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">motsvarande det startkapital som</P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft2">anges</P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft2">i</P></TD>
<TD colspan=2 class="tr5 td95"><P class="p80 ft3">artikel 28.2</P></TD>
<TD class="tr5 td11"><P class="p35 ft3">i</P></TD>
<TD colspan=2 class="tr5 td183"><P class="p107 ft3">direktiv</P></TD>
<TD colspan=3 class="tr5 td100"><P class="p18 ft3"><SPAN class="ft2">anges i </SPAN>artikel 9.1</P></TD>
<TD class="tr5 td17"><P class="p18 ft3">i</P></TD>
<TD colspan=3 class="tr5 td235"><P class="p16 ft21">Europaparla-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td159"><P class="p18 ft3">2013/36/EU<SPAN class="ft2">, eller</SPAN></P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft3">mentets och rådets direktiv (EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft21">2019/2034 av den 27 november 2019</P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft3">om</P></TD>
<TD colspan=6 class="tr5 td137"><P class="p16 ft21">tillsyn av värdepappersföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td126"><P class="p48 ft3">om</P></TD>
<TD colspan=2 class="tr4 td97"><P class="p112 ft3">ändring</P></TD>
<TD class="tr4 td128"><P class="p247 ft3">av</P></TD>
<TD colspan=2 class="tr4 td89"><P class="p16 ft3">direk-</P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 class="t73">
<TR>
<TD class="tr5 td298"><P class="p243 ft3">tiven 2002/87/EG,</P></TD>
<TD class="tr5 td44"><P class="p18 ft3">2009/65/EG,</P></TD>
</TR>
<TR>
<TD class="tr4 td298"><P class="p243 ft3">2011/61/EU,</P></TD>
<TD class="tr4 td44"><P class="p18 ft3">2013/36/EU,</P></TD>
</TR>
<TR>
<TD class="tr17 td298"><P class="p18 ft29"><SPAN class="ft28">5 </SPAN>Senaste lydelse 2017:701.</P></TD>
<TD class="tr17 td44"><P class="p16 ft2">93</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_94">
<DIV id="p94dimg1">
<INGENBILD zsrc="H80317394x1.jpg/" id="p94img1">
</DIV>
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td111"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td110"><P class="p18 ft21">2014/59/EU och 2014/65/EU<SPAN class="ft31">, </SPAN>i den</P></TD>
</TR>
<TR>
<TD class="tr4 td111"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p18 ft3">ursprungliga lydelsen<SPAN class="ft2">, eller</SPAN></P></TD>
</TR>
</TABLE>
<P class="p96 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">ett annat institut som står under fortlöpande tillsyn och som den 21 juli 2011 hör till de kategorier som har godtagits såsom förvarings- institut enligt Europaparlamentets och rådets direktiv 2009/65/EG.</SPAN></P>
<P class="p180 ft2">Förvaringsinstitutet ska vara etablerat i den alternativa investerings- fondens hemland.</P>
<P class="p435 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<P class="p457 ft2">94</P>
</DIV>
<DIV id="page_95">
<P class="p458 ft18">2.18 Förslag till lag om ändring i lagen (2014:484) <SPAN class="ft73">Prop. 2020/21:173 </SPAN>om en databas för övervakning av och tillsyn</P>
<P class="p459 ft18">över finansmarknaderna</P>
<P class="p460 ft2">Härigenom föreskrivs att 3 § lagen (2014:484) om en databas för övervak- ning av och tillsyn över finansmarknaderna ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t49">
<TR>
<TD class="tr4 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p264 ft2">3 §<SPAN class="ft20">1</SPAN></P>
<P class="p88 ft2">I databasen får sådana uppgifter behandlas som har samlats in med stöd av</P>
<P class="p91 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">6 kap. 9 § första och andra styckena lagen (1988:1385) om Sveriges riksbank,</SPAN></P>
<P class="p91 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">9 kap. 3 § första stycket lagen (1998:1479) om värdepapperscentraler och kontoföring av finansiella instrument,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">10 kap. 2 § första stycket lagen (2004:46) om värdepappersfonder,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">13 kap. 3 § lagen (2004:297) om bank- och finansieringsrörelse,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">8 kap. 5 § första stycket lagen (2018:1219) om försäkrings- distribution,</SPAN></P>
<P class="p91 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">5 kap. 10 och 11 §§ lagen (2006:531) om särskild tillsyn över finansiella konglomerat,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">23 kap. 2 § första stycket lagen (2007:528) om värdepappers- marknaden,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft17">8 kap. 2 § lagen (2010:751) om betaltjänster,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft17">17 kap. 5 § försäkringsrörelselagen (2010:2043),</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft17">5 kap. 2 § lagen (2011:755) om elektroniska pengar,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">13 kap. 6 § första stycket lagen (2013:561) om förvaltare av alternativa investeringsfonder,</SPAN></P>
<P class="p91 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">6 kap. 1 § lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag,</SPAN></P>
<P class="p461 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft16">6 kap. 2 § lagen (2017:230) om Pensionsmyndighetens försäkrings- verksamhet i premiepensionssystemet,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR height=0>
<TD width=26px></TD>
<TD width=49px></TD>
<TD width=55px></TD>
<TD width=32px></TD>
<TD width=42px></TD>
<TD width=129px></TD>
<TD width=60px></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td91"><P class="p39 ft2">14. 14 kap.</P></TD>
<TD class="tr5 td102"><P class="p18 ft2">5 § lagen</P></TD>
<TD colspan=2 class="tr5 td235"><P class="p108 ft2">(2019:742)</P></TD>
<TD class="tr5 td79"><P class="p39 ft2">14. 14 kap. 5 § lagen</P></TD>
<TD class="tr5 td183"><P class="p16 ft2">(2019:742)</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td198"><P class="p18 ft31">om tjänstepensionsföretag, <SPAN class="ft21">och</SPAN></P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td85"><P class="p18 ft2">om tjänstepensionsföretag,</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td267"><P class="p39 ft2">15. artiklarna <NOBR>99–101,</NOBR></P></TD>
<TD class="tr4 td135"><P class="p207 ft2">394,</P></TD>
<TD class="tr4 td62"><P class="p108 ft2">415,</P></TD>
<TD class="tr4 td79"><P class="p39 ft2">15. artiklarna <NOBR>99–101,</NOBR></P></TD>
<TD class="tr4 td183"><P class="p16 ft2">394, 415,</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">416, 430 och 451 i Europaparla-</P></TD>
<TD colspan=2 class="tr5 td85"><P class="p18 ft2">416, 430 och 451 i Europaparla-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
<TD colspan=2 class="tr4 td85"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">nr 575/2013 av den 26 juni 2013</P></TD>
<TD colspan=2 class="tr4 td85"><P class="p18 ft2">nr 575/2013 av den 26 juni 2013</P></TD>
</TR>
<TR>
<TD class="tr5 td113"><P class="p18 ft2">om</P></TD>
<TD colspan=4 class="tr5 td167"><P class="p107 ft2">tillsynskrav för kreditinstitut</P></TD>
<TD colspan=2 class="tr5 td85"><P class="p18 ft2">om tillsynskrav för kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft3">och</P></TD>
<TD colspan=4 class="tr4 td167"><P class="p108 ft3">värdepappersföretag <SPAN class="ft2">och om</SPAN></P></TD>
<TD colspan=2 class="tr4 td85"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td91"><P class="p18 ft2">ändring av</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p249 ft2">förordning</P></TD>
<TD class="tr4 td62"><P class="p107 ft2">(EU)</P></TD>
<TD class="tr4 td79"><P class="p18 ft2">nr 648/2012<SPAN class="ft3">, och</SPAN></P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td91"><P class="p18 ft2">nr 648/2012<SPAN class="ft3">.</SPAN></P></TD>
<TD class="tr5 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td79"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td183"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p228 ft3"><SPAN class="ft3">16.</SPAN><SPAN class="ft38">artiklarna 54 och 55 i Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t74">
<TR>
<TD class="tr2 td82"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2019:769.</P></TD>
<TD class="tr2 td83"><P class="p16 ft2">95</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_96">
<TABLE cellpadding=0 cellspacing=0 class="t18">
<TR>
<TD class="tr2 td199"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td263"><P class="p462 ft3">för värdepappersföretag och om</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td263"><P class="p462 ft3">ändring av förordningarna (EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td263"><P class="p462 ft3">nr 1093/2010, (EU) nr 575/2013,</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td263"><P class="p462 ft3">(EU) nr 600/2014 och (EU) nr</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p463 ft3">806/2014.</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr14 td264"><P class="p18 ft69"> </P></TD>
<TD class="tr4 td263"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr18 td103"><P class="p39 ft2">Denna lag träder i kraft den 26 juni 2021.</P></TD>
</TR>
</TABLE>
<P class="p464 ft2">96</P>
</DIV>
<DIV id="page_97">
<TABLE cellpadding=0 cellspacing=0 class="t48">
<TR>
<TD class="tr32 td156"><P class="p30 ft76">2.19</P></TD>
<TD class="tr32 td299"><P class="p237 ft18">Förslag till lag om ändring i lagen (2015:1016) <SPAN class="ft73">Prop. 2020/21:173</SPAN></P></TD>
</TR>
<TR>
<TD class="tr33 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td299"><P class="p237 ft18">om resolution</P></TD>
</TR>
</TABLE>
<P class="p465 ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>att 2 kap. 1 § och 27 kap. 13 och 14 §§ lagen (2015:1016) om resolution ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t75">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p389 ft22"><SPAN class="ft22">2</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN><SPAN class="ft20">2</SPAN></P>
<P class="p65 ft2">I denna lag avses med</P>
<P class="p89 ft2"><SPAN class="ft3">anmält avvecklingssystem</SPAN>: ett anmält avvecklingssystem enligt 2 § lagen (1999:1309) om system för avveckling av förpliktelser på finans- marknaden,</P>
<P class="p89 ft2"><SPAN class="ft3">bankdag</SPAN>: en dag som inte är en lördag, en söndag, midsommarafton, julafton eller nyårsafton eller en allmän helgdag,</P>
<P class="p94 ft2"><SPAN class="ft3">behörig myndighet</SPAN>: i Sverige Finansinspektionen och i fråga om övriga länder inom EES en behörig myndighet enligt definitionen i artikel 4.1.40 i tillsynsförordningen, inbegripet Europeiska centralbanken när det gäller de särskilda uppgifter som den tilldelas genom rådets förordning (EU) nr 1024/2013 av den 15 oktober 2013 om tilldelning av särskilda uppgifter till Europeiska centralbanken i fråga om politiken för tillsyn över kredit- institut, i den ursprungliga lydelsen,</P>
<P class="p420 ft2"><SPAN class="ft3">berörd myndighet</SPAN>: i Sverige Finansinspektionen och i fråga om övriga länder inom EES, den myndighet som länderna identifierat enligt artikel 61.2 i krishanteringsdirektivet,</P>
<P class="p89 ft2"><SPAN class="ft3">betydande filial</SPAN>: en filial som är betydande enligt artikel 51.1 i kapital- täckningsdirektivet,</P>
<P class="p92 ft2"><SPAN class="ft3">blandat finansiellt holdingföretag</SPAN>: ett holdingföretag enligt arti- kel 4.1.21 i tillsynsförordningen,</P>
<P class="p89 ft3">blandat finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotter- företag till ett</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">institut eller ett </SPAN><NOBR>EES-institut</NOBR> som auktoriserats i något land inom EES,</P>
<P class="p14 ft2">eller</P>
<P class="p91 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">annat blandat finansiellt holdingföretag eller ett finansiellt holding- företag som är etablerat i något land inom EES,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft3">dotterföretag</SPAN>: ett dotterföretag enligt artikel 4.1.16 i tillsynsförord- ningen,</P>
<P class="p87 ft2"><SPAN class="ft3">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p88 ft2"><NOBR><SPAN class="ft3">EES-filial</SPAN>:</NOBR> en filial till ett tredjelandsinstitut som är etablerad i ett land inom EES,</P>
<P class="p466 ft43"><SPAN class="ft25">1</SPAN><SPAN class="ft77">Jfr Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t67">
<TR>
<TD class="tr2 td13"><P class="p18 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2020:1214.</P></TD>
<TD class="tr2 td52"><P class="p16 ft2">97</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_98">
<P class="p174 ft2">Prop. 2020/21:173 <NOBR><SPAN class="ft3">EES-institut</SPAN>:</NOBR> ett institut enligt artikel 4.1.3 i tillsynsförordningen som är hemmahörande i ett annat land inom EES än Sverige,</P>
<P class="p99 ft2"><SPAN class="ft3">filial</SPAN>: en filial enligt artikel 4.1.17 i tillsynsförordningen,</P>
<P class="p180 ft2"><SPAN class="ft3">finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.20 i tillsynsförordningen,</P>
<P class="p100 ft2"><SPAN class="ft3">finansiellt institut</SPAN>: ett företag enligt artikel 4.1.26 i tillsynsförordningen,</P>
<P class="p99 ft2"><SPAN class="ft3">finansieringsplan</SPAN>: en plan enligt artikel 107 i krishanteringsdirektivet,</P>
<P class="p259 ft3">finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p99 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">institut eller ett </SPAN><NOBR>EES-institut</NOBR> som auktoriserats i något land inom EES,</P>
<P class="p146 ft2">eller</P>
<P class="p259 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">annat finansiellt holdingföretag eller ett blandat finansiellt holding- företag som är etablerat i något land inom EES,</SPAN></P>
<P class="p98 ft2"><SPAN class="ft3">finansieringsarrangemang</SPAN>: ett arrangemang för finansiering av kostnader för resolution som upprättats av ett land inom EES enligt artikel 100 i krishanteringsdirektivet,</P>
<P class="p98 ft3">förordningen om resolutionsavgifter<SPAN class="ft2">: kommissionens delegerade förordning (EU) 2015/63 om komplettering av Europaparlamentets och rådets direktiv 2014/59/EU av den 21 oktober 2014 avseende förhands-</SPAN></P>
<P class="p467 ft2">bidrag till finansieringsarrangemang för resolution,</P>
<P class="p259 ft2"><SPAN class="ft3">garanterad insättning</SPAN>: en insättning som omfattas av insättnings- garantin enligt 4 och 4 c §§ lagen (1995:1571) om insättningsgaranti,</P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2"><SPAN class="ft24">gruppbaserad</SPAN>: som är gjord på</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2"><SPAN class="ft24">gruppbaserad</SPAN>: som är gjord på</P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft2">grundval</P></TD>
<TD class="tr4 td98"><P class="p271 ft2">av den</P></TD>
<TD class="tr4 td77"><P class="p108 ft2">konsoliderade</P></TD>
<TD class="tr4 td183"><P class="p18 ft2">grundval</P></TD>
<TD class="tr4 td102"><P class="p18 ft2">av den</P></TD>
<TD class="tr4 td91"><P class="p16 ft2">konsoliderade</P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft31">situationen</P></TD>
<TD class="tr4 td98"><P class="p448 ft2">enligt</P></TD>
<TD class="tr4 td77"><P class="p108 ft2">artikel 4.1.47 i</P></TD>
<TD class="tr4 td183"><P class="p18 ft2">situationen</P></TD>
<TD colspan=2 class="tr4 td267"><P class="p16 ft2">enligt artikel 4.1.47 i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p18 ft2">tillsynsförordningen,</P></TD>
<TD colspan=2 class="tr5 td152"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr5 td91"><P class="p16 ft3">eller arti-</P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td77"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft21">kel 4.1.11 i värdepappersbolagsför-</P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td77"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft3">ordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td91"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p98 ft2"><SPAN class="ft3">gränsöverskridande koncern</SPAN>: en koncern med moder- och dotterföretag i flera länder inom EES,</P>
<P class="p99 ft3">holdingföretag med blandad verksamhet<SPAN class="ft2">: ett holdingföretag enligt</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t19">
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2">artikel 4.1.22 i tillsynsförordningen,</P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td300"><P class="p468 ft31"><SPAN class="ft21">institut</SPAN>: kreditinstitut och värdepappersbolag,</P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2"><SPAN class="ft24">kapitalbas</SPAN>: detsamma som avses</P></TD>
<TD colspan=2 class="tr4 td148"><P class="p48 ft3"><SPAN class="ft24">kapitalbas</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td109"><P class="p18 ft2">i artikel 72 i tillsynsförordningen,</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p48 ft21">1. för kreditinstitut, <SPAN class="ft31">detsamma som</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">avses i artikel 72 i tillsynsförord-</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td148"><P class="p18 ft2">ningen <SPAN class="ft3">och</SPAN></P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td160"><P class="p48 ft3">2. för</P></TD>
<TD colspan=3 class="tr5 td159"><P class="p32 ft21">värdepappersbolag,</P></TD>
<TD colspan=2 class="tr5 td135"><P class="p16 ft3">det-</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft3">samma</P></TD>
<TD class="tr4 td190"><P class="p18 ft3">som</P></TD>
<TD class="tr4 td62"><P class="p37 ft3">avses</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p18 ft3">i artikel 9</P></TD>
<TD class="tr4 td273"><P class="p16 ft3">i</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td252"><P class="p18 ft21">värdepappersbolagsförordningen<SPAN class="ft31">,</SPAN></P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td70"><P class="p39 ft3"><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td163"><P class="p48 ft21"><SPAN class="ft30">kapitaltäckningsdirektivet</SPAN><SPAN class="ft31">:</SPAN></P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td112"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td127"><P class="p448 ft31">och</P></TD>
<TD colspan=2 class="tr4 td97"><P class="p108 ft2">rådets</P></TD>
<TD colspan=3 class="tr4 td202"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td125"><P class="p32 ft2">och</P></TD>
<TD colspan=2 class="tr4 td135"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td109"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft2">tillsyn av</P></TD>
<TD colspan=3 class="tr4 td145"><P class="p77 ft2">kreditinstitut</P></TD>
<TD class="tr4 td88"><P class="p108 ft21">och</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td112"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td127"><P class="p448 ft2">om</P></TD>
<TD colspan=2 class="tr5 td97"><P class="p108 ft2">ändring</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">av direktiv 2002/87/EG och om</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td301"><P class="p18 ft2">av direktiv 2002/87/EG</P></TD>
<TD class="tr4 td190"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td88"><P class="p108 ft2">om</P></TD>
<TD colspan=2 class="tr4 td148"><P class="p18 ft2">upphävande</P></TD>
<TD class="tr4 td62"><P class="p206 ft2">av</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft2">upphävande</P></TD>
<TD class="tr4 td156"><P class="p469 ft2">av</P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td97"><P class="p108 ft3">direktiv</P></TD>
<TD colspan=2 class="tr4 td148"><P class="p18 ft2">2006/48/EG</P></TD>
<TD colspan=3 class="tr4 td159"><P class="p18 ft2">och 2006/49/EG,</P></TD>
<TD class="tr4 td273"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD class="tr5 td148"><P class="p18 ft2">2006/48/EG</P></TD>
<TD colspan=4 class="tr5 td26"><P class="p108 ft2">och 2006/49/EG, i</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">lydelsen enligt Europaparlamentets</P></TD>
</TR>
</TABLE>
<P class="p102 ft2">98</P>
</DIV>
<DIV id="page_99">
<DIV id="tx1"><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">: </SPAN><SPAN class="ft3">ett kreditinstitut </SPAN><SPAN class="ft2">enligt lagen (2004:297) om bank- och finansieringsrörelse </SPAN><SPAN class="ft3">och ett sådant värdepappersbolag som avses i 1 kap. 2 § första stycket 7 c lagen (2014:968) om särskild tillsyn över kreditinstitut och värde- pappersbolag</SPAN><SPAN class="ft2">,</SPAN></DIV>
<DIV>
<DIV id="id_1">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td64"><P class="p18 ft2">lydelsen enligt Europaparlamentets</P></TD>
<TD class="tr2 td122"><P class="p77 ft2">och</P></TD>
<TD class="tr2 td132"><P class="p18 ft2">rådets</P></TD>
<TD class="tr2 td55"><P class="p18 ft2">direktiv</P></TD>
<TD class="tr2 td113"><P class="p18 ft2">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td64"><P class="p18 ft2">och rådets direktiv (EU) <SPAN class="ft3">2019/878</SPAN>,</P></TD>
<TD colspan=2 class="tr4 td57"><P class="p77 ft3">2019/2034<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p65 ft2"><SPAN class="ft3">koncern</SPAN>: ett moderföretag och dess dotterföretag,</P>
<P class="p105 ft2"><SPAN class="ft3">koncernresolutionsordning</SPAN>: en plan enligt artikel 91.6 i krishanterings- direktivet,</P>
<P class="p65 ft3"><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">: </SPAN>banker och kredit-</P>
<P class="p470 ft3">marknadsföretag <SPAN class="ft2">enligt lagen (2004:297) om bank- och finan- sieringsrörelse,</SPAN></P>
<P class="p471 ft3">krisavvärjande åtgärd<SPAN class="ft2">:</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">en åtgärd för att undanröja väsentliga brister eller väsentliga hinder för återhämtning enligt 6 a kap. 6 och 7 §§ lagen om bank- och finansieringsrörelse och 8 a kap. 7 och 8 §§ lagen (2007:528) om värde- pappersmarknaden,</SPAN></P>
<P class="p184 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">en åtgärd för att undanröja eller minska väsentliga hinder för rekonstruktion eller avveckling enligt 3 kap. </SPAN><NOBR>3–5</NOBR> och <NOBR>12–24</NOBR> §§,</P>
<P class="p103 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft17">en åtgärd som enligt beslut av Finansinspektionen är en kris- avvärjande åtgärd enligt 15 kap. 2 c § lagen om bank- och finansierings- rörelse eller 25 kap. 2 c § lagen om värdepappersmarknaden,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">d)</SPAN><SPAN class="ft17">ett beslut av Finansinspektionen om att tillsätta en tillfällig förvaltare enligt 15 a kap. lagen om bank- och finansieringsrörelse eller 25 a kap. lagen om värdepappersmarknaden, eller</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">e)</SPAN><SPAN class="ft17">nedskrivning eller konvertering av relevanta kapitalinstrument enligt 6 kap.,</SPAN></P>
<P class="p215 ft2"><SPAN class="ft3">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i den ursprungliga lydelsen,</P>
<P class="p472 ft31"><SPAN class="ft21">kritisk verksamhet</SPAN>: en tjänst eller en transaktion som, om den upphörde, sannolikt skulle leda till en allvarlig störning i det finansiella systemet,</P>
<P class="p109 ft2"><SPAN class="ft3">kvalificerad insättning</SPAN>: en insättning enligt lagen om insättningsgaranti som inte är undantagen enligt 4 b eller 5 § den lagen,</P>
<P class="p116 ft2"><SPAN class="ft3">kärnprimärkapitalinstrument</SPAN>: kapitalinstrument som uppfyller villkoren i artikel <NOBR>28.1–28.4,</NOBR> <NOBR>29.1–29.5</NOBR> eller 31.1 i tillsynsförordningen,</P>
<P class="p116 ft2"><SPAN class="ft3">moderföretag</SPAN>: ett moderföretag enligt artikel 4.1.15 a i tillsyns- förordningen,</P>
<P class="p103 ft2"><SPAN class="ft3">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moderholdingföretag inom EES eller ett blandat finansiellt moderholding- företag inom EES,</P>
<P class="p105 ft2"><SPAN class="ft3">moderföretag i tredjeland</SPAN>: ett moderinstitut, ett finansiellt moder- holdingföretag eller ett blandat finansiellt moderholdingföretag som är hemmahörande i ett land utanför EES,</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p111 ft2">99</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_100">
<P class="p473 ft2">Prop. 2020/21:173 <SPAN class="ft3">moderinstitut inom EES</SPAN>: ett institut eller ett <NOBR>EES-institut</NOBR> som är ett moderföretag och som inte självt är ett dotterföretag till ett</P>
<P class="p474 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">annat institut eller ett </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p475 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft3">relevanta kapitalinstrument</SPAN>: övriga primärkapitalinstrument och supplementärkapitalinstrument,</P>
<P class="p477 ft2"><SPAN class="ft3">resolutionsförfarande i tredjeland</SPAN>: en åtgärd som enligt rätten i ett land utanför EES syftar till att hantera en kris i ett tredjelandsinstitut eller i ett moderföretag i tredjeland, om åtgärden är jämförbar med sådana resolutionsåtgärder som får vidtas enligt denna lag i fråga om ändamål och förväntat resultat,</P>
<P class="p478 ft2"><SPAN class="ft3">resolutionskollegium</SPAN>: ett resolutionskollegium enligt artikel 88 i krishanteringsdirektivet,</P>
<P class="p479 ft2"><SPAN class="ft3">resolutionsåtgärd</SPAN>: någon av de åtgärder som anges i 12 kap. 1 §,</P>
<P class="p475 ft2"><SPAN class="ft3">samordnande berörd myndighet</SPAN>: den berörda myndigheten i samma land inom EES som den samordnande tillsynsmyndigheten,</P>
<P class="p476 ft2"><SPAN class="ft3">samordnande resolutionsmyndighet</SPAN>: resolutionsmyndigheten i samma land inom EES som den samordnande tillsynsmyndigheten,</P>
<P class="p480 ft31"><SPAN class="ft21">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som ansvarar för att utöva gruppbaserad tillsyn av moderinstitut inom EES och av institut som kontrolleras av finansiella moderholdingföretag inom EES eller blandade</P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td282"><P class="p279 ft2">finansiella moderholdingföretag inom EES,</P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td243"><P class="p380 ft2"><SPAN class="ft3">supplementärkapitalinstrument</SPAN>: kapitalinstrument och efterställda lån</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td48"><P class="p279 ft2">som uppfyller villkoren i artikel 63 i tillsynsförordningen,</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td302"><P class="p380 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr5 td230"><P class="p108 ft2">Europa-</P></TD>
<TD colspan=3 class="tr5 td139"><P class="p48 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=3 class="tr5 td156"><P class="p16 ft2">Europa-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td188"><P class="p279 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td302"><P class="p279 ft2">(EU) nr 575/2013 av den</P></TD>
<TD class="tr4 td230"><P class="p108 ft2">26 juni</P></TD>
<TD colspan=4 class="tr4 td303"><P class="p18 ft2">(EU) nr 575/2013 av den</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p16 ft2">26 juni</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td188"><P class="p279 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p279 ft2">institut</P></TD>
<TD class="tr4 td128"><P class="p73 ft3">och</P></TD>
<TD colspan=2 class="tr4 td14"><P class="p108 ft3">värdepappersföretag</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">institut och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td188"><P class="p279 ft2">och om ändring av förordning (EU)</P></TD>
<TD colspan=5 class="tr4 td304"><P class="p18 ft2">förordning (EU) nr 648/2012,</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td112"><P class="p279 ft2">nr 648/2012,</P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td188"><P class="p380 ft3"><SPAN class="ft24">tillsynskollegium</SPAN><SPAN class="ft2">: ett tillsyns-</SPAN></P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft3"><SPAN class="ft24">tillsynskollegium</SPAN><SPAN class="ft2">: ett tillsyns-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td112"><P class="p279 ft2">kollegium</P></TD>
<TD colspan=2 class="tr4 td14"><P class="p108 ft2">enligt artikel 116 i</P></TD>
<TD class="tr4 td72"><P class="p18 ft2">kollegium</P></TD>
<TD class="tr4 td89"><P class="p18 ft2">enligt</P></TD>
<TD colspan=3 class="tr4 td24"><P class="p18 ft2">artikel 116</P></TD>
<TD class="tr4 td181"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td302"><P class="p279 ft2">kapitaltäckningsdirektivet,</P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td139"><P class="p18 ft2">kapitaltäckningsdirektivet</P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td114"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td72"><P class="p18 ft3">artikel 48 i</P></TD>
<TD colspan=5 class="tr4 td187"><P class="p16 ft3">Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft21">och rådets direktiv (EU) 2019/2034</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft21">av den 27 november 2019 om tillsyn</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td139"><P class="p18 ft3">av värdepappersföretag</P></TD>
<TD colspan=2 class="tr4 td128"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td181"><P class="p16 ft3">om</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft21">ändring av direktiven 2002/87/EG,</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td72"><P class="p18 ft21">2009/65/EG,</P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td148"><P class="p16 ft3">2011/61/EU,</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td72"><P class="p18 ft21">2013/36/EU,</P></TD>
<TD colspan=3 class="tr4 td144"><P class="p160 ft21">2014/59/EU</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p16 ft3">och</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td72"><P class="p18 ft21">2014/65/EU,</P></TD>
<TD class="tr4 td89"><P class="p81 ft3">i den</P></TD>
<TD colspan=4 class="tr4 td148"><P class="p16 ft3">ursprungliga</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td72"><P class="p18 ft3">lydelsen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td243"><P class="p380 ft31"><SPAN class="ft21">tredjelandsinstitut</SPAN>: ett företag som har sitt huvudkontor i ett land utanför</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td243"><P class="p279 ft2">EES och som skulle vara ett institut om det var hemmahörande inom EES,</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td302"><P class="p380 ft3"><SPAN class="ft24">värdepappersbolag</SPAN><SPAN class="ft2">: ett</SPAN></P></TD>
<TD class="tr5 td230"><P class="p108 ft2">svenskt</P></TD>
<TD colspan=3 class="tr5 td139"><P class="p48 ft3"><SPAN class="ft24">värdepappersbolag</SPAN><SPAN class="ft2">: ett</SPAN></P></TD>
<TD colspan=3 class="tr5 td156"><P class="p16 ft2">svenskt</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td188"><P class="p279 ft2">aktiebolag som har tillstånd att</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">aktiebolag som har tillstånd att</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p279 ft2">driva</P></TD>
<TD colspan=3 class="tr4 td271"><P class="p108 ft2">värdepappersrörelse enligt</P></TD>
<TD colspan=4 class="tr4 td303"><P class="p18 ft2">driva värdepappersrörelse</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td188"><P class="p279 ft2">lagen om värdepappersmarknaden<SPAN class="ft3">,</SPAN></P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft2">lagen om värdepappersmarknaden,</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p278 ft2">100</P></TD>
<TD colspan=3 class="tr4 td302"><P class="p279 ft2">om det har tillstånd</P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">om det har tillstånd för någon av de</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_101">
<DIV id="id_1">
<DIV id="id_1_1">
<P class="p481 ft2"><SPAN class="ft3">a)</SPAN><SPAN class="ft17">för någon av de tjänster som anges i 2 kap. 1 § 3</SPAN><SPAN class="ft3">, </SPAN>6<SPAN class="ft3">, 7, 8 och 9 </SPAN>den lagen,</P>
<P class="p192 ft21"><SPAN class="ft3">b)</SPAN><SPAN class="ft62">att som sidotjänst förvara finansiella instrument för kunders räkning och ta emot medel med redovisningsskyldighet enligt 2 kap. 2 § första stycket 1 den lagen, eller</SPAN></P>
<P class="p482 ft3"><SPAN class="ft3">c)</SPAN><SPAN class="ft38">att som sidotjänst ta emot kunders medel på konto för att underlätta värdepappersrörelsen enligt 2 kap. 2 § första stycket 8 den lagen, och</SPAN></P>
</DIV>
<DIV id="id_1_2">
<P class="p14 ft2">tjänster som anges i 2 kap. 1 § 3 <SPAN class="ft3">eller </SPAN>6 den lagen,</P>
</DIV>
<DIV id="id_1_3">
<P class="p14 ft2">Prop. 2020/21:173</P>
</DIV>
</DIV>
<DIV id="id_2">
<TABLE cellpadding=0 cellspacing=0 class="t77">
<TR>
<TD colspan=2 class="tr5 td162"><P class="p39 ft24">värdepappersbolagsförord-</P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td53"><P class="p18 ft3"><SPAN class="ft24">ningen</SPAN>:</P></TD>
<TD class="tr4 td76"><P class="p18 ft3">Europaparlamentets</P></TD>
<TD class="tr4 td113"><P class="p16 ft3">och</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td85"><P class="p18 ft21">rådets förordning (EU) 2019/2033 av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td162"><P class="p18 ft3">den 27 november 2019 om</P></TD>
<TD class="tr5 td113"><P class="p16 ft3">till-</P></TD>
</TR>
<TR>
<TD class="tr4 td53"><P class="p18 ft3">synskrav</P></TD>
<TD colspan=2 class="tr4 td133"><P class="p16 ft3">för värdepappersföretag</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td85"><P class="p18 ft21">och om ändring av förordningarna</P></TD>
</TR>
<TR>
<TD class="tr5 td53"><P class="p18 ft3">(EU)</P></TD>
<TD class="tr5 td76"><P class="p43 ft3">nr 1093/2010,</P></TD>
<TD class="tr5 td113"><P class="p16 ft21">(EU)</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td85"><P class="p18 ft21">nr 575/2013, (EU) nr 600/2014 och</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td162"><P class="p18 ft3">(EU) nr 806/2014, och</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p483 ft2"><SPAN class="ft3">övriga primärkapitalinstrument</SPAN>: kapitalinstrument som uppfyller vill- koren i artikel 52.1 i tillsynsförordningen.</P>
<P class="p484 ft22"><SPAN class="ft35">27</SPAN><SPAN class="ft36">kap.</SPAN></P>
<P class="p485 ft2">13 §<SPAN class="ft20">3</SPAN></P>
<P class="p170 ft2">Avgiftsskyldiga ska betala årliga resolutionsavgifter. De sammanlagda resolutionsavgifterna för ett år ska uppgå till 0,05 procent av det totala underlag för samtliga avgiftsskyldiga som beräknas enligt 14 § (avgiftsunderlaget).</P>
<P class="p486 ft31">Om inte annat följer av tredje stycket fastställs den resolutionsavgift som en avgiftsskyldig ska betala i enlighet med förordningen om resolutions-</P>
<TABLE cellpadding=0 cellspacing=0 class="t25">
<TR height=0>
<TD width=25px></TD>
<TD width=15px></TD>
<TD width=14px></TD>
<TD width=17px></TD>
<TD width=36px></TD>
<TD width=34px></TD>
<TD width=25px></TD>
<TD width=38px></TD>
<TD width=70px></TD>
<TD width=56px></TD>
<TD width=37px></TD>
<TD width=26px></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td54"><P class="p18 ft2">avgifter.</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td125"><P class="p39 ft2">Det</P></TD>
<TD colspan=2 class="tr4 td68"><P class="p18 ft2">som</P></TD>
<TD colspan=3 class="tr4 td138"><P class="p18 ft2">i artiklarna 4.1,</P></TD>
<TD class="tr4 td114"><P class="p108 ft2"><NOBR>6–9,</NOBR></P></TD>
<TD class="tr4 td71"><P class="p39 ft2">Det som</P></TD>
<TD colspan=2 class="tr4 td174"><P class="p18 ft2">i artiklarna 4.1,</P></TD>
<TD class="tr4 td113"><P class="p16 ft2"><NOBR>6–9,</NOBR></P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft2">12.1, 14.2, 14.3, 14.6 och 17.2 i</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">12.1, 14.2, 14.3, 14.6 och 17.2 i</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td32"><P class="p18 ft2">förordningen</P></TD>
<TD class="tr4 td12"><P class="p16 ft2">om</P></TD>
<TD colspan=3 class="tr4 td77"><P class="p107 ft2">resolutions-</P></TD>
<TD class="tr4 td71"><P class="p18 ft2">förordningen</P></TD>
<TD class="tr4 td132"><P class="p45 ft2">om</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p16 ft31">resolutions-</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">avgifter anges om metoden för risk-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">avgifter anges om metoden för risk-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td54"><P class="p18 ft2">justering</P></TD>
<TD class="tr5 td181"><P class="p18 ft2">av</P></TD>
<TD colspan=3 class="tr5 td138"><P class="p79 ft2">resolutionsavgift</P></TD>
<TD class="tr5 td114"><P class="p107 ft2">och</P></TD>
<TD class="tr5 td71"><P class="p18 ft2">justering av</P></TD>
<TD colspan=2 class="tr5 td174"><P class="p37 ft31">resolutionsavgift</P></TD>
<TD class="tr5 td113"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft2">om</P></TD>
<TD colspan=5 class="tr4 td242"><P class="p37 ft2">uppgiftsskyldighet,</P></TD>
<TD class="tr4 td123"><P class="p18 ft2">ska</P></TD>
<TD class="tr4 td114"><P class="p107 ft2">inte</P></TD>
<TD colspan=3 class="tr4 td162"><P class="p18 ft2">om uppgiftsskyldighet, ska</P></TD>
<TD class="tr4 td113"><P class="p16 ft2">inte</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">tillämpas för <NOBR>EES-filialer</NOBR> <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">tillämpas för <NOBR>EES-filialer.</NOBR> För <SPAN class="ft3">EES-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td136"><P class="p18 ft3">värdepappersbolag</P></TD>
<TD class="tr5 td140"><P class="p448 ft3">som</P></TD>
<TD colspan=2 class="tr5 td35"><P class="p107 ft3">omfattas</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2"><SPAN class="ft3">filialer </SPAN>ska riskjustering av resolu-</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft3">av</P></TD>
<TD colspan=4 class="tr4 td38"><P class="p182 ft3">definitionen i</P></TD>
<TD colspan=3 class="tr4 td77"><P class="p108 ft3">artikel 96.1 a</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">tionsavgift ske i enlighet med de</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft3">eller b i tillsynsförordningen eller</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">kriterier som anges i artikel 103.7 i</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft3">som bedriver verksamhet nr 8 i av-</P></TD>
<TD colspan=2 class="tr5 td172"><P class="p18 ft2">krishanteringsdirektivet</P></TD>
<TD class="tr5 td37"><P class="p43 ft2">och</P></TD>
<TD class="tr5 td113"><P class="p16 ft2">före-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td125"><P class="p18 ft3">snitt A</P></TD>
<TD class="tr4 td6"><P class="p77 ft3">i</P></TD>
<TD colspan=2 class="tr4 td177"><P class="p182 ft3">bilaga I</P></TD>
<TD class="tr4 td140"><P class="p178 ft21">till</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p108 ft3">Europa-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft31">skrifter som har meddelats med stöd</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td32"><P class="p18 ft3">parlamentets</P></TD>
<TD class="tr4 td12"><P class="p246 ft3">och</P></TD>
<TD class="tr4 td140"><P class="p448 ft21">rådets</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p107 ft3">direktiv</P></TD>
<TD colspan=2 class="tr4 td172"><P class="p18 ft2">av 29 kap. 1 § 8.</P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft3">2004/39/EG, men som inte bedriver</P></TD>
<TD class="tr5 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p4 ft43"><SPAN class="ft25">3</SPAN><SPAN class="ft77">Senaste lydelse 2017:1312.</SPAN></P>
<P class="p173 ft2">101</P>
</DIV>
</DIV>
<DIV id="page_102">
<DIV id="p102dimg1">
<INGENBILD zsrc="H803173102x1.jpg/" id="p102img1">
</DIV>
<P class="p487 ft3"><SPAN class="ft2">Prop. 2020/21:173 </SPAN>verksamheterna nr 3 eller 6 i samma avsnitt i den bilagan<SPAN class="ft2">. För </SPAN>en sådan avgiftsskyldig <SPAN class="ft2">ska risk- justering av resolutionsavgift ske i enlighet med de kriterier som anges</SPAN></P>
<P class="p488 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft4">artikel 103.7 i krishanterings- direktivet och föreskrifter som har</SPAN></P>
<P class="p489 ft2">meddelats med stöd av 29 kap.</P>
<P class="p489 ft2">1 § 8.</P>
<P class="p490 ft2">Resolutionsavgift ska betalas så länge som behållningen i resolutions- reserven vid utgången av det år avgiften avser understiger tre procent av</P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD class="tr5 td109"><P class="p18 ft2">de garanterade insättningarna.</P></TD>
<TD class="tr5 td107"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr22 td305"><P class="p491 ft2">14 §</P></TD>
<TD class="tr22 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td47"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p39 ft2">Avgiftsunderlaget är summan av</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">Avgiftsunderlaget är summan av</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">den avgiftsskyldiges skulder med</P></TD>
<TD colspan=2 class="tr4 td242"><P class="p18 ft2">den avgiftsskyldiges</P></TD>
<TD colspan=2 class="tr4 td235"><P class="p16 ft2">skulder med</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">avdrag för garanterade insättningar,</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft31">avdrag för garanterade insättningar,</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">skulder som anges i artikel 5.1 i för-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">skulder som anges i artikel 5.1 i för-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">ordningen om resolutionsavgifter</P></TD>
<TD class="tr4 td107"><P class="p18 ft2">ordningen om</P></TD>
<TD colspan=3 class="tr4 td227"><P class="p16 ft31">resolutionsavgifter</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">och de skulder som får ingå i den</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">och de skulder som får ingå i den</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">avgiftsskyldiges kapitalbas enligt</P></TD>
<TD class="tr4 td107"><P class="p18 ft2">avgiftsskyldiges</P></TD>
<TD colspan=2 class="tr4 td55"><P class="p77 ft2">kapitalbas</P></TD>
<TD class="tr4 td47"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">tillsynsförordningen.</P></TD>
<TD colspan=2 class="tr4 td242"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr4 td75"><P class="p18 ft3">eller</P></TD>
<TD class="tr4 td47"><P class="p16 ft3">värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td236"><P class="p18 ft21">pappersbolagsförordningen<SPAN class="ft31">.</SPAN></P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p490 ft2">Om inte annat följer av artikel <NOBR>5.2–5.4</NOBR> i förordningen om resolutions- avgifter, ska skulderna beräknas på det sätt som gäller för upptagande av skulder i balansräkning enligt lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag.</P>
<P class="p492 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<P class="p493 ft2">102</P>
</DIV>
<DIV id="page_103">
<TABLE cellpadding=0 cellspacing=0 class="t79">
<TR height=0>
<TD width=46px></TD>
<TD width=158px></TD>
<TD width=301px></TD>
</TR>
<TR>
<TD class="tr32 td156"><P class="p18 ft18">2.20</P></TD>
<TD colspan=2 class="tr32 td299"><P class="p237 ft18">Förslag till lag om ändring i lagen (2018:1219) <SPAN class="ft73">Prop. 2020/21:173</SPAN></P></TD>
</TR>
<TR>
<TD class="tr33 td156"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr33 td299"><P class="p237 ft18">om försäkringsdistribution</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr11 td237"><P class="p18 ft2">Härigenom föreskrivs att 1 kap. 9 § lagen (2018:1219) om försäkrings-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">distribution ska ha följande lydelse.</P></TD>
<TD class="tr4 td157"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr18 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr18 td157"><P class="p18 ft3">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p494 ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">9 §</SPAN></P>
<P class="p166 ft2">I denna lag betyder</P>
<P class="p483 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft38">anknuten försäkringsförmedlare</SPAN>: en försäkringsförmedlare som har träffat avtal med ett eller flera försäkringsföretag om att distribuera försäkringsprodukter, om dessa produkter inte konkurrerar med varandra och avtalet innebär att försäkringsföretaget är ansvarigt för ren förmögenhetsskada enligt 4 kap. 16 §,</P>
<P class="p483 ft3"><SPAN class="ft2">2.</SPAN><SPAN class="ft38">anknuten sidoverksam försäkringsförmedlare</SPAN><SPAN class="ft2">: en sidoverksam försäkringsförmedlare som har träffat avtal med ett eller flera för- säkringsföretag eller försäkringsförmedlare om att distribuera sådana försäkringsprodukter som anges i 20 b och c, om avtalet innebär att försäkringsföretaget eller försäkringsförmedlaren är ansvarig för ren förmögenhetsskada enligt 4 kap. 16 §,</SPAN></P>
<P class="p495 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft38">behörig myndighet</SPAN>: en utländsk myndighet eller annat utländskt organ som har behörighet att besluta om tillstånd för eller registrering av försäkringsförmedlare eller att utöva tillsyn över försäkringsförmedlare,</P>
<P class="p9 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft38">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p483 ft2"><SPAN class="ft2">5.</SPAN><NOBR><SPAN class="ft38">EES-försäkringsförmedlare</SPAN>:</NOBR> en utländsk försäkringsförmedlare vars hemland är ett annat land inom EES och som omfattas av försäkrings- distributionsdirektivet,</P>
<P class="p483 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft38">ersättning</SPAN>: en provision, avgift eller annan betalning, inbegripet en ekonomisk ersättning av något slag eller eventuell annan finansiell eller <NOBR>icke-finansiell</NOBR> förmån eller ett incitament, som erbjuds eller betalas ut med avseende på försäkringsdistribution,</P>
<P class="p168 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft38">filial</SPAN>: en försäkringsförmedlares agentur eller filial som ligger i ett annat land inom EES än hemlandet,</P>
<P class="p483 ft3"><SPAN class="ft2">8.</SPAN><SPAN class="ft38">försäkringsbaserad investeringsprodukt</SPAN><SPAN class="ft2">: en försäkring med ett förfallo- eller återköpsvärde som helt eller delvis är direkt eller indirekt exponerat mot marknadsvolatilitet, med undantag för</SPAN></P>
<P class="p9 ft2">a) skadeförsäkring,</P>
<P class="p170 ft2">b) livförsäkring där ersättning enligt avtalet endast betalas ut vid dödsfall eller vid invaliditet till följd av skada, sjukdom eller funktions- nedsättning, och</P>
<P class="p9 ft2">c) pensionsförsäkring,</P>
<P class="p170 ft3"><SPAN class="ft2">9.</SPAN><SPAN class="ft38">försäkringsdistributionsdirektivet</SPAN><SPAN class="ft2">: Europaparlamentets och rådets direktiv (EU) 2016/97 av den 20 januari 2016 om försäkringsdistribution,</SPAN></P>
<P class="p169 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft17">lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2018/411,</SPAN></P>
<P class="p167 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft38">försäkringsdistributör</SPAN>: en försäkringsförmedlare eller ett för- säkringsföretag,</P>
<P class="p496 ft2">103</P>
</DIV>
<DIV id="page_104">
<P class="p497 ft2">Prop. 2020/21:173 11. <SPAN class="ft3">försäkringsförmedlare</SPAN>: en fysisk eller juridisk person, med undantag för försäkringsföretag eller deras anställda, som mot ersättning bedriver försäkringsdistribution,</P>
<P class="p478 ft3"><SPAN class="ft2">12.</SPAN><SPAN class="ft38">försäkringsförmedlare från tredjeland</SPAN><SPAN class="ft2">: en försäkringsförmedlare vars hemland inte omfattas av försäkringsdistributionsdirektivet,</SPAN></P>
<P class="p479 ft3"><SPAN class="ft2">13.</SPAN><SPAN class="ft38">hemland</SPAN><SPAN class="ft2">:</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">om försäkringsförmedlaren är en fysisk person, det land där förmed- laren har sin hemvist,</SPAN></P>
<P class="p477 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">om försäkringsförmedlaren är en juridisk person, det land där förmed- larens säte ligger, eller, om förmedlaren enligt nationell rätt inte har något säte, det land där förmedlarens huvudkontor ligger,</SPAN></P>
<P class="p490 ft2">14. <SPAN class="ft3">kvalificerat innehav</SPAN>: ett direkt eller indirekt ägande i ett företag, om innehavet representerar tio procent eller mer av kapitalet eller av samtliga röster eller annars möjliggör ett väsentligt inflytande över ledningen av företaget,</P>
<P class="p498 ft2">15. <SPAN class="ft3">nära förbindelser</SPAN>: det som avses i 1 kap. 14 § försäkringsrörelse- lagen (2010:2043), med den skillnaden att det som anges där om försäkringsföretag i stället ska avse försäkringsförmedlare,</P>
<P class="p477 ft2">16. <SPAN class="ft3">pensionsförsäkring</SPAN>: försäkringsavtal som har som främsta syfte att ge inkomst vid pensionering och som berättigar den försäkrade till vissa ersättningar,</P>
<P class="p475 ft2">17. <SPAN class="ft3">professionell kund</SPAN>: en kund som avses i 1 kap. 4 b § lagen (2007:528) om värdepappersmarknaden,</P>
<P class="p476 ft3"><SPAN class="ft2">18. </SPAN>rådgivning grundad på en opartisk och personlig analys<SPAN class="ft2">: sådan rådgivning som avses i 4 kap. 2 §,</SPAN></P>
<P class="p477 ft2"><SPAN class="ft2">19.</SPAN><SPAN class="ft38">rådgivning</SPAN>: tillhandahållande av en personlig rekommendation till en kund, antingen på kundens begäran eller på initiativ av försäkrings- distributören, i fråga om ett eller flera försäkringsavtal,</P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td226"><P class="p380 ft3"><SPAN class="ft2">20. </SPAN><SPAN class="ft24">sidoverksam</SPAN></P></TD>
<TD colspan=2 class="tr5 td204"><P class="p108 ft24">försäkringsför-</P></TD>
<TD colspan=3 class="tr5 td227"><P class="p48 ft3"><SPAN class="ft2">20. </SPAN><SPAN class="ft24">sidoverksam</SPAN></P></TD>
<TD colspan=2 class="tr5 td107"><P class="p16 ft24">försäkringsför-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2"><SPAN class="ft24">medlare</SPAN>: en försäkringsförmedlare –</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p16 ft31"><SPAN class="ft30">medlare</SPAN>: en försäkringsförmedlare –</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2">utom kreditinstitut och värde-</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p16 ft2">utom kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td188"><P class="p279 ft2">pappersföretag enligt definitionen i</P></TD>
<TD colspan=5 class="tr5 td110"><P class="p16 ft2">pappersföretag enligt definitionen i</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td52"><P class="p279 ft2">artikel 4.1.1 och 4.1.2 i</P></TD>
<TD class="tr4 td24"><P class="p108 ft2">Europa-</P></TD>
<TD class="tr4 td55"><P class="p18 ft2">artikel 4.1.1</P></TD>
<TD colspan=2 class="tr4 td47"><P class="p73 ft2">och</P></TD>
<TD class="tr4 td156"><P class="p18 ft2">4.1.2 i</P></TD>
<TD class="tr4 td155"><P class="p16 ft2">Europa-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p16 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td226"><P class="p279 ft2">(EU) nr 575/2013</P></TD>
<TD class="tr5 td75"><P class="p18 ft2">av den</P></TD>
<TD class="tr5 td24"><P class="p108 ft2">26 juni</P></TD>
<TD colspan=4 class="tr5 td208"><P class="p18 ft2">(EU) nr 575/2013 av den</P></TD>
<TD class="tr5 td155"><P class="p16 ft2">26 juni</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p16 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td51"><P class="p279 ft2">institut</P></TD>
<TD class="tr4 td126"><P class="p18 ft3">och</P></TD>
<TD colspan=3 class="tr4 td172"><P class="p108 ft21">värdepappersföretag</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p16 ft2">institut och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td188"><P class="p279 ft2">och om ändring av förordning (EU)</P></TD>
<TD colspan=5 class="tr5 td110"><P class="p16 ft2">förordning (EU) nr 648/2012 – som</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td234"><P class="p279 ft2">nr 648/2012</P></TD>
<TD class="tr4 td190"><P class="p80 ft2">–</P></TD>
<TD class="tr4 td75"><P class="p18 ft2">som</P></TD>
<TD class="tr4 td24"><P class="p108 ft2">bedriver</P></TD>
<TD class="tr4 td55"><P class="p18 ft2">bedriver</P></TD>
<TD colspan=4 class="tr4 td60"><P class="p16 ft2">försäkringsdistribution</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2">försäkringsdistribution som sidoverk-</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p16 ft2">som sidoverksamhet, under för-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td188"><P class="p279 ft2">samhet, under förutsättning att samt-</P></TD>
<TD class="tr5 td55"><P class="p18 ft2">utsättning</P></TD>
<TD class="tr5 td6"><P class="p18 ft2">att</P></TD>
<TD colspan=2 class="tr5 td101"><P class="p78 ft2">samtliga</P></TD>
<TD class="tr5 td155"><P class="p16 ft2">följande</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2">liga följande villkor är uppfyllda:</P></TD>
<TD colspan=4 class="tr4 td208"><P class="p18 ft2">villkor är uppfyllda:</P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td51"><P class="p380 ft2">a) den</P></TD>
<TD class="tr4 td126"><P class="p73 ft2">har</P></TD>
<TD class="tr4 td190"><P class="p77 ft2">inte</P></TD>
<TD colspan=4 class="tr4 td44"><P class="p39 ft2">försäkringsdistribution som</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p448 ft2">huvudsaklig</P></TD>
<TD class="tr4 td155"><P class="p16 ft2">yrkes-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td234"><P class="p279 ft2">verksamhet,</P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td243"><P class="p16 ft2">b) den distribuerar bara vissa försäkringsprodukter som kompletterar en</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td52"><P class="p279 ft2">vara eller en tjänst, och</P></TD>
<TD class="tr4 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr5 td243"><P class="p16 ft2">c) de berörda försäkringsprodukterna omfattar inte livförsäkring eller</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td243"><P class="p16 ft2">ansvarsförsäkring, utom när sådant skydd kompletterar den vara eller</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td243"><P class="p279 ft2">tjänst som förmedlaren bedriver som huvudsaklig yrkesverksamhet,</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr5 td243"><P class="p16 ft2">21. <SPAN class="ft3">skadeförsäkring</SPAN>: en försäkring som är hänförlig till någon av de</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p278 ft2">104</P></TD>
<TD colspan=9 class="tr4 td306"><P class="p279 ft31">försäkringsklasser som anges i 2 kap. 11 § försäkringsrörelselagen,</P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_105">
<DIV id="p105dimg1">
<INGENBILD zsrc="H803173105x1.jpg/" id="p105img1">
</DIV>
<DIV>
<DIV id="id_1">
<P class="p109 ft2"><SPAN class="ft2">22.</SPAN><SPAN class="ft38">stora risker</SPAN>: det som avses i 3 kap. 16 § andra och tredje styckena försäkringsrörelselagen,</P>
<P class="p103 ft2"><SPAN class="ft2">23.</SPAN><SPAN class="ft38">tjänstepensionsförsäkring</SPAN>: en livförsäkring som har samband med yrkesutövning och där utbetalning av försäkringsbelopp (engångsbelopp eller periodiska utbetalningar) beror av att en eller flera personer uppnår eller förväntas uppnå en viss ålder samt försäkringar som meddelas som tillägg till sådana försäkringar,</P>
<P class="p184 ft3"><SPAN class="ft2">24.</SPAN><SPAN class="ft38">svensk fysisk person </SPAN><SPAN class="ft2">och </SPAN>svensk juridisk person<SPAN class="ft2">: en fysisk eller juridisk person vars hemland är Sverige,</SPAN></P>
<P class="p87 ft3"><SPAN class="ft2">25.</SPAN><SPAN class="ft53">varaktigt medium</SPAN><SPAN class="ft2">: ett medel som</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">gör det möjligt för kunden att bevara information som riktas till kunden personligen, på ett sätt som är tillgängligt för användning i fram- tiden under en tid som är lämplig med hänsyn till vad som är avsikten med informationen, och</SPAN></P>
<P class="p499 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft16">tillåter oförändrad återgivning av den bevarade informationen, och 26. </SPAN><SPAN class="ft3">värdland</SPAN>: det land inom EES där en försäkringsförmedlare har en</P>
<P class="p500 ft2">permanent närvaro eller ett etableringsställe eller tillhandahåller tjänster, och som inte är förmedlarens hemland.</P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">105</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_106">
<TABLE cellpadding=0 cellspacing=0 class="t80">
<TR>
<TD class="tr19 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft74">2.21</SPAN></P></TD>
<TD class="tr19 td282"><P class="p18 ft18">Förslag till lag om ändring i lagen (2020:1157)</P></TD>
</TR>
<TR>
<TD class="tr33 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td282"><P class="p18 ft18">om ändring i lagen (2007:528) om</P></TD>
</TR>
<TR>
<TD class="tr20 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td282"><P class="p18 ft18">värdepappersmarknaden</P></TD>
</TR>
</TABLE>
<P class="p502 ft2">Härigenom föreskrivs att 1 kap. 4 b § och 23 kap. 4 § lagen (2007:528) om värdepappersmarknaden i stället för lydelsen enligt lagen (2020:1157) om ändring i den lagen ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t81">
<TR>
<TD class="tr4 td50"><P class="p18 ft3">Lydelse enligt SFS 2020:1157</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p503 ft22">1 kap.</P>
<P class="p504 ft2">4 b §</P>
<P class="p479 ft2">I denna lag betyder</P>
<P class="p490 ft2"><SPAN class="ft3">anknutet ombud</SPAN>: en fysisk eller juridisk person som har träffat avtal med ett svenskt värdepappersinstitut eller ett utländskt värdepappersföretag som hör hemma inom EES om att för bara detta instituts eller företags räkning</P>
<P class="p505 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">marknadsföra investerings- eller sidotjänster,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">ta emot eller vidarebefordra instruktioner eller order avseende inves- teringstjänster eller finansiella instrument,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">placera finansiella instrument, eller</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">tillhandahålla investeringsrådgivning avseende dessa instrument eller tjänster,</SPAN></P>
<P class="p477 ft2"><SPAN class="ft3">behörig myndighet</SPAN>: i Sverige Finansinspektionen och i särskilt angivna fall Bolagsverket och i övrigt en utländsk myndighet som har behörighet att utöva tillsyn över utländska värdepappersföretag och företag som driver en reglerad marknad eller annan motsvarande marknad eller som har behörighet att utöva tillsyn över emittenter vars överlåtbara värdepapper är upptagna till handel på en reglerad marknad,</P>
<P class="p478 ft2"><SPAN class="ft3">börs</SPAN>: ett svenskt aktiebolag eller en svensk ekonomisk förening som har fått tillstånd enligt denna lag att driva en eller flera reglerade marknader,</P>
<P class="p476 ft2"><SPAN class="ft3">clearingdeltagare</SPAN>: den som får delta i clearingverksamheten hos en clearingorganisation,</P>
<P class="p475 ft2"><SPAN class="ft3">clearingorganisation</SPAN>: ett företag som har fått tillstånd enligt 19 kap. eller Europaparlamentets och rådets förordning (EU) nr 648/2012,</P>
<P class="p475 ft2"><SPAN class="ft3">emittent</SPAN>: i fråga om aktier aktiebolaget och i fråga om annat finansiellt instrument utgivaren eller utfärdaren av instrumentet,</P>
<P class="p476 ft2"><SPAN class="ft3">handelsplats</SPAN>: en reglerad marknad, en multilateral handelsplattform <NOBR>(MTF-plattform)</NOBR> eller en organiserad handelsplattform <NOBR>(OTF-plattform),</NOBR></P>
<P class="p474 ft2"><SPAN class="ft3">handelsplattform</SPAN>: en <NOBR>MTF-plattform</NOBR> eller en <NOBR>OTF-plattform,</NOBR></P>
<P class="p490 ft2"><SPAN class="ft3">kreditinstitut</SPAN>: en bank, ett kreditmarknadsföretag eller ett utländskt bank- eller kreditföretag som driver bank- eller finansieringsrörelse från filial i Sverige,</P>
<P class="p475 ft3">leverantör av datarapporteringstjänster<SPAN class="ft2">: detsamma som i artikel 2.1.36a i förordningen om marknader för finansiella instrument,</SPAN></P>
<P class="p506 ft3"><SPAN class="ft24">litet och </SPAN><NOBR><SPAN class="ft24">icke-sammanlänkat</SPAN></NOBR><SPAN class="ft24"> värdepappersbolag</SPAN>: ett värdepap- persbolag som anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepap-</P>
<P class="p507 ft2">106</P>
</DIV>
<DIV id="page_107">
<DIV>
<DIV id="id_1">
<P class="p508 ft3">persföretag enligt artikel 12.1 i värdepappersbolagsförordningen,</P>
<P class="p103 ft2"><SPAN class="ft3">marknadsgarant</SPAN>: en person som på fortlöpande basis åtagit sig att på finansiella marknader handla för egen räkning genom att köpa och sälja finansiella instrument med utnyttjande av egna tillgångar till priser som fastställts av denne,</P>
<P class="p115 ft2"><SPAN class="ft3">marknadsoperatör</SPAN>: en börs eller en eller flera juridiska personer i ett annat land inom EES som driver en eller flera reglerade marknader,</P>
<P class="p105 ft2"><NOBR><SPAN class="ft3">MTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som sammanför flera tredjeparters köp- och säljintressen i finansiella instrument – inom systemet och i enlighet med icke skönsmässiga regler – så att det leder till ett kontrakt,</P>
<P class="p105 ft2"><NOBR><SPAN class="ft3">OTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som inte är en reglerad marknad eller en <NOBR>MTF-plattform,</NOBR> och inom vilket flera tredjeparters köp- och säljintressen i obligationer, strukturerade finansiella produkter, utsläppsrätter eller derivat kan interagera inom systemet så att det leder till ett kontrakt,</P>
<P class="p87 ft2"><SPAN class="ft3">professionell kund</SPAN>: en sådan kund som avses i 9 kap. 4 eller 5 §,</P>
<P class="p105 ft2"><SPAN class="ft3">reglerad marknad</SPAN>: ett multilateralt system inom EES som sammanför eller möjliggör sammanförande av ett flertal köp- och säljintressen i finansiella instrument från tredjepart – regelmässigt, inom systemet och i enlighet med icke skönsmässiga regler – så att det leder till ett kontrakt,</P>
<P class="p87 ft2"><SPAN class="ft3">statlig emittent</SPAN>: någon av följande som emitterar skuldinstrument:</P>
<P class="p65 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">Europeiska unionen,</SPAN></P>
<P class="p509 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft16">en stat inom EES, inbegripet förvaltningar, organ eller en särskild funktion i staten,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">när det gäller en federal stat inom EES, en delstat i federationen,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">en särskild funktion för flera stater inom EES,</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">en internationell finansinstitution som etablerats av minst två stater inom EES och vars mål är att ordna finansiering och tillhandahålla finansiellt bistånd till de stater som har eller riskerar att få allvarliga finansieringsproblem, och</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">Europeiska investeringsbanken,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft3">systematisk internhandlare</SPAN>: ett värdepappersinstitut som i en organiserad, frekvent, systematisk och väsentlig omfattning handlar för egen räkning när det utför kundorder utanför en reglerad marknad eller en handelsplattform utan att utnyttja ett multilateralt system,</P>
<P class="p105 ft3">tillväxtmarknad för små och medelstora företag<SPAN class="ft2">: en </SPAN><NOBR><SPAN class="ft2">MTF-plattform</SPAN></NOBR><SPAN class="ft2"> som är registrerad som en tillväxtmarknad för små och medelstora företag hos Finansinspektionen enligt 11 kap. </SPAN><NOBR><SPAN class="ft2">13–15</SPAN></NOBR><SPAN class="ft2"> §§ eller hos en behörig myndighet i ett annat land inom EES,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft3">utländskt kreditinstitut</SPAN>: ett kreditinstitut enligt 1 kap. 5 § första stycket 21 lagen (2004:297) om bank- och finansieringsrörelse,</P>
<P class="p105 ft2"><SPAN class="ft3">utländskt värdepappersföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva värdepappersrörelse,</P>
<P class="p510 ft31"><SPAN class="ft21">värdepappersbolag</SPAN>: ett svenskt aktiebolag som har fått tillstånd enligt denna lag att driva värdepappersrörelse och som inte är ett bankaktiebolag eller ett kreditmarknadsbolag enligt lagen om bank- och finansierings-</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td86"><P class="p511 ft2">rörelse,</P></TD>
<TD class="tr5 td90"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft3"><SPAN class="ft24">värdepapperscentral</SPAN><SPAN class="ft2">: en värde-</SPAN></P></TD>
<TD class="tr4 td90"><P class="p16 ft3"><SPAN class="ft24">värdepapperscentral</SPAN><SPAN class="ft2">: en värde-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">papperscentral enligt definitionen i</P></TD>
<TD class="tr4 td90"><P class="p16 ft2">papperscentral enligt definitionen i</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">107</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_108">
<TABLE cellpadding=0 cellspacing=0 class="t82">
<TR height=0>
<TD width=318px></TD>
<TD width=12px></TD>
<TD width=64px></TD>
<TD width=67px></TD>
<TD width=46px></TD>
</TR>
<TR>
<TD class="tr2 td84"><P class="p18 ft2">Prop. 2020/21:173 artikel 2.1.1 i förordningen om</P></TD>
<TD colspan=2 class="tr2 td148"><P class="p18 ft2">artikel 2.1.1</P></TD>
<TD colspan=2 class="tr2 td78"><P class="p16 ft2">i förordningen om</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p36 ft2">värdepapperscentraler, <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=3 class="tr4 td92"><P class="p18 ft2">värdepapperscentraler,</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr14 td307"><P class="p18 ft75">värdepappersinriktat</P></TD>
<TD class="tr14 td308"><P class="p16 ft67">holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td148"><P class="p18 ft3"><SPAN class="ft24">företag</SPAN>: ett</P></TD>
<TD colspan=2 class="tr4 td78"><P class="p16 ft21">värdepappersinriktat</P></TD>
</TR>
<TR>
<TD class="tr5 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft21">holdingföretag enligt definitionen i</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td148"><P class="p18 ft3">artikel 4.1.23</P></TD>
<TD colspan=2 class="tr4 td78"><P class="p16 ft3">i värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td84"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td92"><P class="p18 ft3">bolagsförordningen, och</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p512 ft2"><SPAN class="ft3">värdepappersinstitut</SPAN>: ett värdepappersbolag, ett svenskt kreditinstitut som har fått tillstånd enligt denna lag att driva värdepappersrörelse eller ett utländskt företag som driver värdepappersrörelse från filial i Sverige eller genom att använda anknutna ombud etablerade i Sverige.</P>
<P class="p513 ft22">23 kap.</P>
<P class="p514 ft2">4 §</P>
<P class="p476 ft2">Finansinspektionen får när det är nödvändigt genomföra en undersök- ning hos</P>
<P class="p474 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">ett värdepappersinstitut,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">en börs,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">en leverantör av datarapporteringstjänster som Finansinspektionen har tillsyn över,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">en clearingorganisation,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">ett sådant utländskt företag som har tillstånd att driva en reglerad marknad från filial i Sverige, och</SPAN></P>
<P class="p490 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft33">en emittent som enligt 16 kap. </SPAN><NOBR>1–3</NOBR> §§ omfattas av skyldigheten enligt samma kapitel att upprätta och offentliggöra regelbunden finansiell informa- tion.</P>
<P class="p477 ft2">Finansinspektionen får även genomföra en undersökning hos ett anknutet ombud eller hos ett företag som har fått i uppdrag av ett värde- pappersinstitut att utföra visst arbete eller vissa funktioner, om det behövs för tillsynen av institutet.</P>
<P class="p515 ft21">Innan en undersökning genomförs hos ett utländskt företag som har inrättat filial enligt 4 kap. 1 § första stycket 1, ska Finansinspektionen samråda med behörig myndighet i det land inom EES som har aukto- riserat det utländska företaget.</P>
<P class="p516 ft2">108</P>
</DIV>
<DIV id="page_109">
<TABLE cellpadding=0 cellspacing=0 class="t48">
<TR>
<TD class="tr32 td156"><P class="p30 ft76">2.22</P></TD>
<TD class="tr32 td299"><P class="p237 ft18">Förslag till lag om ändring i lagen (2020:1208) <SPAN class="ft73">Prop. 2020/21:173</SPAN></P></TD>
</TR>
<TR>
<TD class="tr33 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td299"><P class="p237 ft18">om ändring i lagen (1995:1559) om</P></TD>
</TR>
<TR>
<TD class="tr20 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td299"><P class="p237 ft18">årsredovisning i kreditinstitut och</P></TD>
</TR>
<TR>
<TD class="tr20 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td299"><P class="p237 ft18">värdepappersbolag</P></TD>
</TR>
</TABLE>
<P class="p517 ft2">Härigenom föreskrivs att 5 kap. 7 § lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag i stället för lydelsen enligt lagen (2020:1208) om ändring i den lagen ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t83">
<TR>
<TD colspan=4 class="tr2 td198"><P class="p18 ft21">Lydelse enligt SFS 2020:1208</P></TD>
<TD class="tr2 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr2 td202"><P class="p1 ft3">Föreslagen lydelse</P></TD>
<TD class="tr2 td32"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td7"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr18 td95"><P class="p385 ft22">5 kap.</P></TD>
<TD class="tr18 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td32"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td95"><P class="p51 ft2">7 §</P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr14 td50"><P class="p107 ft66">Vid tillämpningen av denna lag</P></TD>
<TD colspan=4 class="tr14 td85"><P class="p16 ft66">Vid tillämpningen av denna lag</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td117"><P class="p79 ft2">artikel 434.1 i</P></TD>
<TD colspan=2 class="tr4 td206"><P class="p108 ft2">Europaparla-</P></TD>
<TD class="tr4 td113"><P class="p18 ft2">ska</P></TD>
<TD class="tr4 td32"><P class="p79 ft2">artikel 434.1</P></TD>
<TD class="tr4 td11"><P class="p81 ft2">i</P></TD>
<TD class="tr4 td32"><P class="p16 ft2">Europaparla-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td173"><P class="p18 ft66">nr 575/2013 av</P></TD>
<TD class="tr14 td126"><P class="p80 ft66">den</P></TD>
<TD class="tr14 td155"><P class="p18 ft66">26 juni</P></TD>
<TD class="tr14 td62"><P class="p107 ft66">2013</P></TD>
<TD colspan=3 class="tr14 td202"><P class="p18 ft66">nr 575/2013 av den</P></TD>
<TD class="tr14 td32"><P class="p16 ft66">26 juni 2013</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft2">om</P></TD>
<TD class="tr4 td7"><P class="p18 ft2">tillsynskrav</P></TD>
<TD class="tr4 td126"><P class="p81 ft2">för</P></TD>
<TD colspan=2 class="tr4 td206"><P class="p107 ft2">kreditinstitut</P></TD>
<TD class="tr4 td113"><P class="p18 ft2">om</P></TD>
<TD class="tr4 td32"><P class="p18 ft2">tillsynskrav</P></TD>
<TD class="tr4 td11"><P class="p18 ft2">för</P></TD>
<TD class="tr4 td32"><P class="p16 ft2">kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft3">och</P></TD>
<TD colspan=4 class="tr4 td167"><P class="p107 ft3">värdepappersföretag <SPAN class="ft2">och om</SPAN></P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td173"><P class="p18 ft66">ändring av</P></TD>
<TD colspan=2 class="tr14 td235"><P class="p18 ft66">förordning</P></TD>
<TD class="tr14 td62"><P class="p107 ft66">(EU)</P></TD>
<TD colspan=3 class="tr14 td202"><P class="p18 ft66">nr 648/2012 beaktas.</P></TD>
<TD class="tr14 td32"><P class="p18 ft69"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td202"><P class="p18 ft2">nr 648/2012 beaktas.</P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p518 ft2">109</P>
</DIV>
<DIV id="page_110">
<TABLE cellpadding=0 cellspacing=0 class="t80">
<TR>
<TD class="tr19 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft74">2.23</SPAN></P></TD>
<TD class="tr19 td282"><P class="p18 ft18">Förslag till lag om ändring i lagen (2020:1211)</P></TD>
</TR>
<TR>
<TD class="tr33 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td282"><P class="p18 ft18">om ändring i lagen (2014:484) om en databas</P></TD>
</TR>
<TR>
<TD class="tr20 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td282"><P class="p18 ft18">för övervakning av och tillsyn över</P></TD>
</TR>
<TR>
<TD class="tr20 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td282"><P class="p18 ft18">finansmarknaderna</P></TD>
</TR>
</TABLE>
<P class="p502 ft2">Härigenom föreskrivs att 3 § lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna stället för lydelsen enligt lagen (2020:1211) om ändring i den lagen ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t84">
<TR>
<TD class="tr4 td109"><P class="p18 ft3">Lydelse enligt SFS 2020:1211</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p519 ft2">3 §</P>
<P class="p475 ft2">I databasen får sådana uppgifter behandlas som har samlats in med stöd av</P>
<P class="p476 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">6 kap. 9 § första och andra styckena lagen (1988:1385) om Sveriges riksbank,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">9 kap. 3 § första stycket lagen (1998:1479) om värdepapperscentraler och kontoföring av finansiella instrument,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">10 kap. 2 § första stycket lagen (2004:46) om värdepappersfonder,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">13 kap. 3 § lagen (2004:297) om bank- och finansieringsrörelse,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">8 kap. 5 § första stycket lagen (2018:1219) om försäkrings- distribution,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft33">5 kap. 10 och 11 §§ lagen (2006:531) om särskild tillsyn över finansiella konglomerat,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft33">23 kap. 2 § första stycket lagen (2007:528) om värdepappers- marknaden,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft17">8 kap. 2 § lagen (2010:751) om betaltjänster,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft17">17 kap. 5 § försäkringsrörelselagen (2010:2043),</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft17">5 kap. 2 § lagen (2011:755) om elektroniska pengar,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">13 kap. 6 § första stycket lagen (2013:561) om förvaltare av alternativa investeringsfonder,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">6 kap. 1 § lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft17">6 kap. 2 § lagen (2017:230) om Pensionsmyndighetens försäkrings- verksamhet i premiepensionssystemet,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD colspan=2 class="tr5 td83"><P class="p520 ft2">14. 14 kap.</P></TD>
<TD colspan=3 class="tr5 td79"><P class="p108 ft2">5 § lagen (2019:742)</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">14. 14 kap. 5 § lagen (2019:742)</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td309"><P class="p521 ft31">om tjänstepensionsföretag, <SPAN class="ft21">och</SPAN></P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td254"><P class="p18 ft2">om tjänstepensionsföretag,</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td310"><P class="p520 ft2">15. artiklarna 394,</P></TD>
<TD class="tr5 td233"><P class="p107 ft2">415,</P></TD>
<TD class="tr5 td62"><P class="p108 ft2">416,</P></TD>
<TD class="tr5 td202"><P class="p48 ft2">15. artiklarna 394,</P></TD>
<TD class="tr5 td128"><P class="p43 ft2">415,</P></TD>
<TD colspan=2 class="tr5 td233"><P class="p16 ft2">416,</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td311"><P class="p521 ft2"><NOBR>430–430b</NOBR> och 451 i Europaparla-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2"><NOBR>430–430b</NOBR> och 451 i Europaparla-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td311"><P class="p521 ft2">mentets och rådets förordning (EU)</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">mentets och rådets förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td311"><P class="p521 ft2">nr 575/2013 av den 26 juni 2013</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">nr 575/2013 av den 26 juni 2013</P></TD>
</TR>
<TR>
<TD class="tr4 td303"><P class="p521 ft2">om</P></TD>
<TD colspan=2 class="tr4 td174"><P class="p18 ft2">tillsynskrav för</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p108 ft2">kreditinstitut</P></TD>
<TD class="tr4 td202"><P class="p18 ft2">om tillsynskrav för</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p16 ft2">kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr4 td303"><P class="p521 ft3">och</P></TD>
<TD colspan=4 class="tr4 td167"><P class="p108 ft3">värdepappersföretag <SPAN class="ft2">och om</SPAN></P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">och om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td83"><P class="p521 ft2">ändring av</P></TD>
<TD colspan=2 class="tr5 td151"><P class="p30 ft2">förordning</P></TD>
<TD class="tr5 td62"><P class="p108 ft2">(EU)</P></TD>
<TD class="tr5 td202"><P class="p18 ft2">nr 648/2012<SPAN class="ft3">, och</SPAN></P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td83"><P class="p521 ft2">nr 648/2012<SPAN class="ft3">.</SPAN></P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td202"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td303"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td202"><P class="p48 ft3">16. artiklarna 54</P></TD>
<TD class="tr4 td128"><P class="p1 ft3">och</P></TD>
<TD class="tr4 td56"><P class="p207 ft3">55</P></TD>
<TD class="tr4 td141"><P class="p16 ft3">i</P></TD>
</TR>
<TR>
<TD class="tr5 td303"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td202"><P class="p18 ft3">Europaparlamentets</P></TD>
<TD class="tr5 td128"><P class="p32 ft3">och</P></TD>
<TD colspan=2 class="tr5 td233"><P class="p16 ft3">rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td303"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft21">förordning (EU) 2019/2033 av den</P></TD>
</TR>
<TR>
<TD class="tr4 td303"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft3">27 november 2019 om tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr16 td303"><P class="p18 ft2">110</P></TD>
<TD class="tr16 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td254"><P class="p18 ft3">för värdepappersföretag</P></TD>
<TD class="tr16 td56"><P class="p246 ft21">och</P></TD>
<TD class="tr16 td141"><P class="p16 ft3">om</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_111">
<P class="p329 ft3">ändring av förordningarna (EU) <SPAN class="ft2">Prop. 2020/21:173 </SPAN>nr 1093/2010, (EU) nr 575/2013,</P>
<P class="p522 ft3">(EU) nr 600/2014 och (EU) nr 806/2014.</P>
<P class="p523 ft2">111</P>
</DIV>
<DIV id="page_112">
<TABLE cellpadding=0 cellspacing=0 class="t85">
<TR>
<TD class="tr19 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft74">2.24</SPAN></P></TD>
<TD class="tr19 td294"><P class="p18 ft18">Förslag till lag om ändring i lagen (2021:000)</P></TD>
</TR>
<TR>
<TD class="tr33 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td294"><P class="p18 ft18">om ändring i lagen (2007:528) om</P></TD>
</TR>
<TR>
<TD class="tr20 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td294"><P class="p18 ft18">värdepappersmarknaden</P></TD>
</TR>
<TR>
<TD class="tr11 td200"><P class="p36 ft2">Härigenom</P></TD>
<TD class="tr11 td294"><P class="p77 ft2">föreskrivs att 25 kap. 1 d § lagen (2007:528) om värde-</P></TD>
</TR>
</TABLE>
<P class="p524 ft2">pappersmarknaden i stället för lydelsen enligt lagen (2021:000) om ändring i den lagen ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t86">
<TR>
<TD class="tr4 td50"><P class="p18 ft3">Lydelse enligt prop. 2020/21:155</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p351 ft22">25 kap.</P>
<P class="p504 ft2">1 d §</P>
<P class="p490 ft2">Finansinspektionen ska, utöver i de fall som anges i 1 a och 1 b §§, in- gripa mot någon som ingår i ett värdepappersbolags styrelse eller är dess verkställande direktör, eller ersättare för någon av dem, om värdepappers- bolaget</P>
<P class="p475 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">har fått tillstånd att driva värdepappersrörelse genom att lämna falska uppgifter eller på annat otillbörligt sätt,</SPAN></P>
<P class="p480 ft31"><SPAN class="ft2">2.</SPAN><SPAN class="ft34">inte uppfyller kraven i 3 kap. 5 § första stycket eller har tillåtit en styrelseledamot, verkställande direktören eller ersättare för någon av dem att åta sig ett sådant uppdrag i bolaget eller kvarstå i bolaget trots att kraven</SPAN></P>
<P class="p525 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft68">3 kap. 1 § första stycket 5 eller 6 eller någon av 8 kap. 8 </SPAN><NOBR>b–8</NOBR> d §§ eller i föreskrifter som meddelats med stöd av 3 kap. 12 § 2 inte är uppfyllda,</P>
<P class="p474 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">åsidosatt sina skyldigheter enligt 5 kap. 4 §,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">inte uppfyller kraven i någon av 8 kap. </SPAN><NOBR>3–6,</NOBR> 8 eller 8 f §§ eller i före- skrifter som meddelats med stöd av 8 kap. 35 § 1,</P>
<P class="p475 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">i strid med 8 a kap. 2 eller 3 § låter bli att upprätta eller lämna in en återhämtningsplan eller en koncernåterhämtningsplan,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft33">i strid med 8 b kap. 11 § låter bli att anmäla att koncerninternt finansiellt stöd ska lämnas,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft33">i strid med 23 kap. 3 c § låter bli att underrätta Finansinspektionen om att värdepappersbolaget fallerar eller sannolikt kommer att fallera,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft33">i strid med 24 kap. 5 § första stycket låter bli att till Finansinspek- tionen anmäla sådana förvärv och avyttringar som avses där,</SPAN></P>
<P class="p490 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft33">i strid med 24 kap. 5 § tredje stycket låter bli att till Finansinspek- tionen anmäla namnen på de ägare som har ett kvalificerat innehav av aktier i bolaget samt storleken på innehaven,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD class="tr5 td54"><P class="p39 ft2">10. gör</P></TD>
<TD class="tr5 td65"><P class="p77 ft2">betalningar</P></TD>
<TD class="tr5 td126"><P class="p79 ft2">till</P></TD>
<TD class="tr5 td171"><P class="p108 ft2">inne-</P></TD>
<TD class="tr5 td183"><P class="p48 ft2">10. gör</P></TD>
<TD colspan=2 class="tr5 td194"><P class="p79 ft2">betalningar till</P></TD>
<TD class="tr5 td75"><P class="p16 ft2">inne-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">havare av instrument som ingår i</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">havare av instrument som ingår i</P></TD>
</TR>
<TR>
<TD class="tr5 td54"><P class="p18 ft2">bolagets</P></TD>
<TD class="tr5 td65"><P class="p18 ft2">kapitalbas i</P></TD>
<TD class="tr5 td126"><P class="p18 ft2">strid</P></TD>
<TD class="tr5 td171"><P class="p108 ft2">med</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft2">bolagets kapitalbas i strid med</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft3">8 kap. 3 och 4 §§ lagen (2014:966)</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">artikel 28, <SPAN class="ft3">52 </SPAN>eller 63 i tillsyns-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft3">om kapitalbuffertar eller <SPAN class="ft2">artikel 28,</SPAN></P></TD>
<TD colspan=2 class="tr4 td57"><P class="p18 ft2">förordningen, när</P></TD>
<TD class="tr4 td156"><P class="p77 ft2">dessa</P></TD>
<TD class="tr4 td75"><P class="p16 ft2">artiklar</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td109"><P class="p18 ft2"><SPAN class="ft3">51 </SPAN>eller 63 i tillsynsförordningen,</P></TD>
<TD class="tr5 td183"><P class="p18 ft2">förbjuder</P></TD>
<TD class="tr5 td89"><P class="p18 ft2">sådana</P></TD>
<TD colspan=2 class="tr5 td175"><P class="p16 ft2">betalningar till</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">när dessa artiklar förbjuder sådana</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">innehavare av instrument som ingår</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">betalningar till innehavare av instru-</P></TD>
<TD colspan=2 class="tr4 td57"><P class="p18 ft2">i kapitalbasen,</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td109"><P class="p18 ft2">ment som ingår i kapitalbasen,</P></TD>
<TD class="tr5 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p490 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">inte uppfyller kravet på kapitalbas och kvalificerade skulder enligt 4 kap. lagen (2015:1016) om resolution eller i strid med 28 kap. 1 § samma lag låter bli att lämna begärda upplysningar till Riksgäldskontoret,</SPAN></P>
<P class="p507 ft2">112</P>
</DIV>
<DIV id="page_113">
<DIV id="tx1"><SPAN class="ft2">13. låter bli att lämna information till Finansinspektionen eller lämnar ofullständig eller felaktig informa- tion om efterlevnaden av skyldig- heten att uppfylla kapitalbaskraven enligt </SPAN><SPAN class="ft3">artikel 11 </SPAN><SPAN class="ft2">i </SPAN><SPAN class="ft3">värdepappers- bolagsförordningen</SPAN><SPAN class="ft2">, i strid med </SPAN><SPAN class="ft3">arti- kel 54.1 b </SPAN><SPAN class="ft2">i den förordningen,</SPAN></DIV>
<DIV id="tx2"><SPAN class="ft31">14. låter bli att </SPAN><SPAN class="ft21">lämna information till Finansinspektionen </SPAN><SPAN class="ft31">eller lämnar ofullständig eller felaktig informa- tion </SPAN><SPAN class="ft21">om koncentrationsrisker</SPAN><SPAN class="ft31">, </SPAN><SPAN class="ft21">i strid med artikel 54 i värdepappers- bolagsförordningen</SPAN><SPAN class="ft31">,</SPAN></DIV>
<DIV id="tx3"><SPAN class="ft2">15. </SPAN><SPAN class="ft3">utsätter sig för en koncentra- tionsrisk som överstiger gränserna i artikel 37 i värdepappersbolags- förordningen</SPAN><SPAN class="ft2">,</SPAN></DIV>
<DIV id="tx4"><SPAN class="ft31">16. </SPAN><SPAN class="ft21">vid upprepade tillfällen eller systematiskt, i strid med artikel 43 i värdepappersbolagsförordningen, låter bli att hålla likvida tillgångar</SPAN><SPAN class="ft31">, </SPAN><SPAN class="ft21">eller</SPAN></DIV>
<DIV id="tx5"><SPAN class="ft31">17. låter bli att lämna </SPAN><SPAN class="ft21">information </SPAN><SPAN class="ft31">eller lämnar ofullständig eller felaktig information</SPAN><SPAN class="ft21">, i strid med bestämmelserna i del 6 i värdepap- persbolagsförordningen</SPAN><SPAN class="ft31">.</SPAN></DIV>
<DIV>
<DIV id="id_1">
<P class="p103 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">har befunnits ansvarigt för en allvarlig, upprepad eller systematisk överträdelse av lagen (2017:630) om åtgärder mot penningtvätt och finansiering av terrorism, eller föreskrifter som meddelats med stöd av den lagen,</SPAN></P>
<P class="p526 ft2">13. låter bli att lämna information till Finansinspektionen eller lämnar ofullständig eller felaktig informa- tion om efterlevnaden av skyldig- heten att uppfylla kapitalbaskraven enligt <SPAN class="ft3">artikel 92 </SPAN>i <SPAN class="ft3">tillsynsförord- ningen</SPAN>, i strid med <SPAN class="ft3">artikel 430.1 </SPAN>i den förordningen,</P>
<P class="p527 ft2">14. låter bli att <SPAN class="ft3">rapportera </SPAN>eller lämnar ofullständig eller felaktig information <SPAN class="ft3">till Finansinspektionen när det gäller data som avses i artikel 430a i tillsynsförordningen</SPAN>,</P>
<P class="p528 ft3"><SPAN class="ft2">15. </SPAN>låter bli att lämna informa- tion till Finansinspektionen eller lämnar ofullständig eller felaktig information om en stor exponering i strid med artikel 394.1 i till- synsförordningen<SPAN class="ft2">,</SPAN></P>
<P class="p529 ft21"><SPAN class="ft31">16. </SPAN>låter bli att lämna information till Finansinspektionen eller lämnar</P>
<P class="p214 ft3">ofullständig eller felaktig information om likviditet i strid med artikel 415.1 och 415.2 i till- synsförordningen<SPAN class="ft2">,</SPAN></P>
<P class="p530 ft2">17. låter bli att lämna <SPAN class="ft3">uppgifter till Finansinspektionen </SPAN>eller lämnar ofullständig eller felaktig informa- tion <SPAN class="ft3">om sin bruttosoliditet i strid med artikel 430.1 och 430.2 i till- synsförordningen,</SPAN></P>
<P class="p530 ft3"><SPAN class="ft3">18.</SPAN><SPAN class="ft49">vid upprepade tillfällen eller systematiskt låter bli att hålla lik- vida tillgångar i strid med arti- kel 412 i tillsynsförordningen,</SPAN></P>
<P class="p531 ft3"><SPAN class="ft3">19.</SPAN><SPAN class="ft38">utsätter sig för en exponering som överskrider gränserna enligt artikel 395 i tillsynsförordningen,</SPAN></P>
<P class="p87 ft3"><SPAN class="ft3">20.</SPAN><SPAN class="ft49">är exponerat för kreditrisken i</SPAN></P>
<P class="p532 ft3">en värdepapperiseringsposition utan att uppfylla villkoren i arti- kel 405 i tillsynsförordningen,</P>
<P class="p526 ft3"><SPAN class="ft3">21.</SPAN><SPAN class="ft38">låter bli att lämna informa- tion eller lämnar ofullständig eller felaktig information i strid med någon av artiklarna </SPAN><NOBR>431.1–431.3</NOBR></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">113</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_114">
<P class="p533 ft3"><SPAN class="ft2">Prop. 2020/21:173 </SPAN>och 451.1 i tillsynsförordningen, eller</P>
<P class="p534 ft21"><SPAN class="ft3">22.</SPAN><SPAN class="ft62">är ett moderföretag enligt artikel 4.1.15 i tillsynsförordningen och inte uppfyller kraven i del tre, fyra, sex eller sju i den förordning- en eller kraven i 2 kap. 1 eller 2 § lagen (2014:968) om särskild till- syn över kreditinstitut och värde- pappersbolag på gruppnivå eller undergruppsnivå.</SPAN></P>
<P class="p535 ft2">Om en sådan person som avses i första stycket omfattas av tillstånds- eller underrättelseskyldighet enligt 24 kap. 1 eller 4 § för förvärv eller avyttring av aktier eller andelar i bolaget, ska första stycket 8 och 9 inte gälla för den personen i fråga om dessa aktier eller andelar.</P>
<P class="p498 ft2">Ett ingripande enligt första stycket får göras endast om bolagets överträdelse är allvarlig och personen i fråga uppsåtligen eller av grov oaktsamhet orsakat överträdelsen.</P>
<P class="p474 ft2">Ingripande görs genom</P>
<P class="p536 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">beslut att personen i fråga under en viss tid, lägst tre och högst tio år, eller, för upprepade allvarliga överträdelser enligt första stycket 1, 2, 3, 8 eller 9, permanent inte får vara styrelseledamot eller verkställande direktör</SPAN></P>
<P class="p489 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft33">ett värdepappersbolag, eller ersättare för någon av dem, eller</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">beslut om sanktionsavgift.</SPAN></P>
<P class="p537 ft2">114</P>
</DIV>
<DIV id="page_115">
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR height=0>
<TD width=46px></TD>
<TD width=159px></TD>
<TD width=201px></TD>
<TD width=99px></TD>
</TR>
<TR>
<TD class="tr32 td156"><P class="p18 ft18">2.25</P></TD>
<TD colspan=2 class="tr32 td288"><P class="p237 ft18">Förslag till lag om ändring i lagen (2021:000)</P></TD>
<TD class="tr32 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr33 td156"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr33 td288"><P class="p237 ft18">om ändring i lagen (2015:1016) om resolution</P></TD>
<TD class="tr33 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr11 td81"><P class="p18 ft2">Härigenom föreskrivs att 2 kap. 1 § och 27 kap. 13 § lagen (2015:1016)</P></TD>
<TD class="tr11 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td81"><P class="p18 ft2">om resolution i stället för lydelsen enligt lagen (2021:000) om ändring i</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td86"><P class="p18 ft2">den lagen ska ha följande lydelse.</P></TD>
<TD class="tr5 td83"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr22 td86"><P class="p18 ft3">Lydelse enligt prop. 2020/21:155</P></TD>
<TD class="tr22 td83"><P class="p18 ft3">Föreslagen lydelse</P></TD>
<TD class="tr22 td49"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p538 ft22"><SPAN class="ft22">2</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN></P>
<P class="p87 ft2">I denna lag avses med</P>
<P class="p92 ft2"><SPAN class="ft3">anmält avvecklingssystem</SPAN>: ett anmält avvecklingssystem enligt 2 § lagen (1999:1309) om system för avveckling av förpliktelser på finans- marknaden,</P>
<P class="p89 ft2"><SPAN class="ft3">bankdag</SPAN>: en dag som inte är en lördag, en söndag, midsommarafton, julafton eller nyårsafton eller en allmän helgdag,</P>
<P class="p391 ft2"><SPAN class="ft3">behörig myndighet</SPAN>: i Sverige Finansinspektionen och i fråga om övriga länder inom EES en behörig myndighet enligt definitionen i artikel 4.1.40 i tillsynsförordningen, inbegripet Europeiska centralbanken när det gäller de särskilda uppgifter som den tilldelas genom rådets förordning (EU) nr 1024/2013 av den 15 oktober 2013 om tilldelning av särskilda uppgifter till Europeiska centralbanken i fråga om politiken för tillsyn över kredit- institut, i den ursprungliga lydelsen,</P>
<P class="p438 ft2"><SPAN class="ft3">berörd myndighet</SPAN>: i Sverige Finansinspektionen och i fråga om övriga länder inom EES, den myndighet som länderna identifierat enligt artikel 61.2 i krishanteringsdirektivet,</P>
<P class="p89 ft2"><SPAN class="ft3">betydande filial</SPAN>: en filial som är betydande enligt artikel 51.1 i kapital- täckningsdirektivet,</P>
<P class="p89 ft2"><SPAN class="ft3">blandat finansiellt holdingföretag</SPAN>: ett holdingföretag enligt arti- kel 4.1.21 i tillsynsförordningen,</P>
<P class="p92 ft3">blandat finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotter- företag till ett</SPAN></P>
<P class="p89 ft2">a) institut eller ett <NOBR>EES-institut</NOBR> som auktoriserats i något land inom EES, eller</P>
<P class="p89 ft2">b) annat blandat finansiellt holdingföretag eller ett finansiellt holding- företag som är etablerat i något land inom EES,</P>
<P class="p89 ft2"><SPAN class="ft3">central motpart</SPAN>: en central motpart enligt artikel 2.1 i Europa- parlamentets och rådets förordning (EU) nr 648/2012 av den 4 juli 2012 om <NOBR>OTC-derivat,</NOBR> centrala motparter och transaktionsregister som har auktoriserats enligt artikel 14 eller godkänts enligt artikel 25 i samma förordning,</P>
<P class="p87 ft2"><SPAN class="ft3">det kombinerade buffertkravet</SPAN>: det kombinerade buffertkravet enligt</P>
<P class="p102 ft2">2 kap. 2 § lagen (2014:966) om kapitalbuffertar,</P>
<P class="p92 ft2"><SPAN class="ft3">dotterföretag</SPAN>: ett dotterföretag enligt artikel 4.1.16 i tillsynsförord- ningen,</P>
<P class="p87 ft2"><SPAN class="ft3">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p65 ft2"><NOBR><SPAN class="ft3">EES-filial</SPAN>:</NOBR> en filial till ett tredjelandsinstitut som är etablerad i ett land</P>
<P class="p14 ft78">inom EES,</P>
<P class="p539 ft2">115</P>
</DIV>
<DIV id="page_116">
<P class="p473 ft2">Prop. 2020/21:173 <NOBR><SPAN class="ft3">EES-institut</SPAN>:</NOBR> ett institut enligt artikel 4.1.3 i tillsynsförordningen som är hemmahörande i ett annat land inom EES än Sverige,</P>
<P class="p477 ft3">europeiskt systemviktig resolutionsenhet<SPAN class="ft2">: en resolutionsenhet som inte omfattas av artikel 92a i tillsynsförordningen och som har tillgångar som överstiger 100 miljarder euro eller ingår i en resolutionsgrupp som har tillgångar som överstiger 100 miljarder euro,</SPAN></P>
<P class="p505 ft2"><SPAN class="ft3">filial</SPAN>: en filial enligt artikel 4.1.17 i tillsynsförordningen,</P>
<P class="p490 ft2"><SPAN class="ft3">finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.20 i tillsynsförordningen,</P>
<P class="p474 ft2"><SPAN class="ft3">finansiellt institut</SPAN>: ett företag enligt artikel 4.1.26 i tillsynsförordningen,</P>
<P class="p479 ft2"><SPAN class="ft3">finansieringsplan</SPAN>: en plan enligt artikel 107 i krishanteringsdirektivet,</P>
<P class="p490 ft3">finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">institut eller ett </SPAN><NOBR>EES-institut</NOBR> som auktoriserats i något land inom EES,</P>
<P class="p540 ft2">eller</P>
<P class="p475 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">annat finansiellt holdingföretag eller ett blandat finansiellt holding- företag som är etablerat i något land inom EES,</SPAN></P>
<P class="p490 ft2"><SPAN class="ft3">finansieringsarrangemang</SPAN>: ett arrangemang för finansiering av kostnader för resolution som upprättats av ett land inom EES enligt artikel 100 i krishanteringsdirektivet,</P>
<P class="p477 ft3">förordningen om resolutionsavgifter<SPAN class="ft2">: kommissionens delegerade förordning (EU) 2015/63 om komplettering av Europaparlamentets och rådets direktiv 2014/59/EU av den 21 oktober 2014 avseende förhands- bidrag till finansieringsarrangemang för resolution,</SPAN></P>
<P class="p478 ft2"><SPAN class="ft3">garanterad insättning</SPAN>: en insättning som omfattas av insättnings- garantin enligt 4 och 4 c §§ lagen (1995:1571) om insättningsgaranti,</P>
<P class="p476 ft2"><SPAN class="ft3">globalt systemviktigt institut</SPAN>: ett globalt systemviktigt institut enligt artikel 4.1.133 i tillsynsförordningen,</P>
<P class="p477 ft3">globalt systemviktigt institut hemmahörande utanför EES<SPAN class="ft2">: ett globalt systemviktigt institut hemmahörande utanför EES enligt artikel 4.1.134 i</SPAN></P>
<P class="p489 ft2">tillsynsförordningen,</P>
<P class="p479 ft3">globalt systemviktig resolutionsenhet<SPAN class="ft2">: en resolutionsenhet som är ett</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD colspan=5 class="tr4 td312"><P class="p521 ft2">globalt systemviktigt institut eller del av ett sådant,</P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td311"><P class="p520 ft2"><SPAN class="ft24">gruppbaserad</SPAN>: som är gjord på</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2"><SPAN class="ft24">gruppbaserad</SPAN>: som är gjord på</P></TD>
</TR>
<TR>
<TD class="tr5 td252"><P class="p521 ft2">grundval</P></TD>
<TD class="tr5 td98"><P class="p271 ft2">av den</P></TD>
<TD class="tr5 td77"><P class="p108 ft2">konsoliderade</P></TD>
<TD class="tr5 td177"><P class="p18 ft2">grundval</P></TD>
<TD class="tr5 td113"><P class="p77 ft2">av</P></TD>
<TD class="tr5 td12"><P class="p208 ft31">den</P></TD>
<TD colspan=3 class="tr5 td91"><P class="p16 ft2">konsoliderade</P></TD>
</TR>
<TR>
<TD class="tr4 td252"><P class="p521 ft31">situationen</P></TD>
<TD class="tr4 td98"><P class="p448 ft2">enligt</P></TD>
<TD class="tr4 td77"><P class="p108 ft2">artikel 4.1.47 i</P></TD>
<TD colspan=5 class="tr4 td252"><P class="p18 ft2">situationen enligt artikel 4.1.47</P></TD>
<TD class="tr4 td273"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td311"><P class="p521 ft2">tillsynsförordningen,</P></TD>
<TD colspan=3 class="tr4 td152"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr4 td18"><P class="p39 ft3">eller</P></TD>
<TD colspan=2 class="tr4 td31"><P class="p16 ft21">arti-</P></TD>
</TR>
<TR>
<TD class="tr5 td252"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td77"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td177"><P class="p18 ft21">kel 4.1.11</P></TD>
<TD colspan=5 class="tr5 td220"><P class="p16 ft21">i värdepappersbolagsför-</P></TD>
</TR>
<TR>
<TD class="tr4 td252"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td77"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td158"><P class="p18 ft3">ordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td313"><P class="p520 ft31"><SPAN class="ft21">gränsöverskridande koncern</SPAN>: en koncern med moder- och dotterföretag</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td311"><P class="p521 ft2">i flera länder inom EES,</P></TD>
<TD class="tr5 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td313"><P class="p520 ft3">holdingföretag med blandad verksamhet<SPAN class="ft2">: ett holdingföretag enligt</SPAN></P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td311"><P class="p521 ft2">artikel 4.1.22 i tillsynsförordningen,</P></TD>
<TD class="tr4 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td314"><P class="p520 ft2"><SPAN class="ft3">institut</SPAN>: kreditinstitut och värdepappersbolag,</P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td311"><P class="p520 ft2"><SPAN class="ft24">kapitalbas</SPAN>: detsamma som avses</P></TD>
<TD colspan=2 class="tr4 td158"><P class="p48 ft3"><SPAN class="ft24">kapitalbas</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td311"><P class="p521 ft2">i artikel 72 i tillsynsförordningen,</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft3">1. för kreditinstitut, <SPAN class="ft2">detsamma som</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td252"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td77"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft2">avses i artikel 72 i tillsynsförord-</P></TD>
</TR>
<TR>
<TD class="tr4 td252"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td77"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td158"><P class="p18 ft2">ningen <SPAN class="ft3">och</SPAN></P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td252"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td77"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td177"><P class="p48 ft3">2. för</P></TD>
<TD colspan=3 class="tr4 td199"><P class="p18 ft3">värdepappersbolag,</P></TD>
<TD colspan=2 class="tr4 td31"><P class="p16 ft3">det-</P></TD>
</TR>
<TR>
<TD class="tr5 td252"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td77"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td158"><P class="p18 ft3">samma som</P></TD>
<TD class="tr5 td12"><P class="p208 ft3">avses</P></TD>
<TD colspan=2 class="tr5 td32"><P class="p37 ft3">i artikel 9</P></TD>
<TD class="tr5 td273"><P class="p16 ft3">i</P></TD>
</TR>
<TR>
<TD class="tr4 td252"><P class="p18 ft2">116</P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td77"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td252"><P class="p18 ft21">värdepappersbolagsförordningen<SPAN class="ft31">,</SPAN></P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_117">
<DIV id="tx1"><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">: </SPAN><SPAN class="ft3">ett kreditinstitut </SPAN><SPAN class="ft2">enligt lagen (2004:297) om bank- och finansieringsrörelse </SPAN><SPAN class="ft3">och ett sådant värdepappersbolag som avses i 1 kap. 2 § första stycket 7 c lagen (2014:968) om särskild tillsyn över kreditinstitut och värde- pappersbolag</SPAN><SPAN class="ft2">,</SPAN></DIV>
<DIV>
<DIV id="id_1">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=5 class="tr2 td70"><P class="p39 ft3"><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr2 td56"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr2 td271"><P class="p206 ft21"><SPAN class="ft30">kapitaltäckningsdirektivet</SPAN><SPAN class="ft31">:</SPAN></P></TD>
<TD class="tr2 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td99"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td127"><P class="p18 ft2">och</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p186 ft2">rådets</P></TD>
<TD colspan=3 class="tr4 td79"><P class="p77 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td135"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td64"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=5 class="tr4 td63"><P class="p77 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td64"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
<TD colspan=5 class="tr4 td63"><P class="p77 ft2">2013 om behörighet att utöva</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td64"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
<TD colspan=5 class="tr5 td63"><P class="p77 ft2">verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD class="tr4 td53"><P class="p18 ft2">tillsyn</P></TD>
<TD class="tr4 td123"><P class="p1 ft2">av</P></TD>
<TD colspan=3 class="tr4 td145"><P class="p77 ft2">kreditinstitut</P></TD>
<TD class="tr4 td56"><P class="p186 ft21">och</P></TD>
<TD colspan=5 class="tr4 td63"><P class="p77 ft2">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td99"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td127"><P class="p1 ft2">om</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p44 ft2">ändring</P></TD>
<TD colspan=5 class="tr4 td63"><P class="p77 ft2">av direktiv 2002/87/EG och om</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td92"><P class="p18 ft2">av direktiv 2002/87/EG</P></TD>
<TD class="tr5 td56"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td56"><P class="p186 ft2">om</P></TD>
<TD colspan=2 class="tr5 td144"><P class="p77 ft2">upphävande</P></TD>
<TD class="tr5 td156"><P class="p206 ft2">av</P></TD>
<TD colspan=2 class="tr5 td101"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td148"><P class="p18 ft2">upphävande</P></TD>
<TD class="tr4 td98"><P class="p469 ft2">av</P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td54"><P class="p44 ft3">direktiv</P></TD>
<TD colspan=2 class="tr4 td144"><P class="p77 ft2">2006/48/EG</P></TD>
<TD colspan=3 class="tr4 td78"><P class="p16 ft2">och 2006/49/EG, i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td148"><P class="p18 ft2">2006/48/EG</P></TD>
<TD colspan=4 class="tr4 td187"><P class="p186 ft2">och 2006/49/EG, i</P></TD>
<TD colspan=5 class="tr4 td63"><P class="p77 ft2">lydelsen enligt Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr5 td53"><P class="p18 ft2">lydelsen</P></TD>
<TD colspan=5 class="tr5 td208"><P class="p44 ft2">enligt Europaparlamentets</P></TD>
<TD class="tr5 td122"><P class="p77 ft2">och</P></TD>
<TD class="tr5 td140"><P class="p18 ft2">rådets</P></TD>
<TD colspan=2 class="tr5 td74"><P class="p431 ft2">direktiv</P></TD>
<TD class="tr5 td135"><P class="p16 ft2">(EU)</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td64"><P class="p18 ft2">och rådets direktiv (EU) <SPAN class="ft3">2019/878</SPAN>,</P></TD>
<TD colspan=2 class="tr4 td144"><P class="p77 ft3">2019/2034<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td315"><P class="p39 ft2"><SPAN class="ft3">koncern</SPAN>: ett moderföretag och dess dotterföretag,</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p105 ft2"><SPAN class="ft3">koncernresolutionsordning</SPAN>: en plan enligt artikel 91.6 i krishanterings- direktivet,</P>
<P class="p87 ft3"><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">: </SPAN>banker och kredit-</P>
<P class="p532 ft3">marknadsföretag <SPAN class="ft2">enligt lagen (2004:297) om bank- och finan- sieringsrörelse,</SPAN></P>
<P class="p471 ft3">krisavvärjande åtgärd<SPAN class="ft2">:</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">en åtgärd för att undanröja väsentliga brister eller väsentliga hinder för återhämtning enligt 6 a kap. 6 och 7 §§ lagen om bank- och finansieringsrörelse och 8 a kap. 7 och 8 §§ lagen (2007:528) om värde- pappersmarknaden,</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">en åtgärd för att undanröja eller minska väsentliga hinder för rekonstruktion eller avveckling enligt 3 kap. </SPAN><NOBR>3–5</NOBR> och <NOBR>12–24</NOBR> §§,</P>
<P class="p105 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft17">en åtgärd som enligt beslut av Finansinspektionen är en kris- avvärjande åtgärd enligt 15 kap. 2 c § lagen om bank- och finansierings- rörelse eller 25 kap. 2 c § lagen om värdepappersmarknaden,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">d)</SPAN><SPAN class="ft17">ett beslut av Finansinspektionen om att tillsätta en tillfällig förvaltare enligt 15 a kap. lagen om bank- och finansieringsrörelse eller 25 a kap. lagen om värdepappersmarknaden, eller</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">e)</SPAN><SPAN class="ft17">nedskrivning eller konvertering av relevanta kapitalinstrument enligt 6 kap.,</SPAN></P>
<P class="p446 ft2"><SPAN class="ft3">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034,</P>
<P class="p472 ft31"><SPAN class="ft21">kritisk verksamhet</SPAN>: en tjänst eller en transaktion som, om den upphörde, sannolikt skulle leda till en allvarlig störning i det finansiella systemet,</P>
<P class="p116 ft2"><SPAN class="ft3">kvalificerad insättning</SPAN>: en insättning enligt lagen om insättningsgaranti som inte är undantagen enligt 4 b eller 5 § den lagen,</P>
<P class="p65 ft2"><SPAN class="ft3">kärnprimärkapital</SPAN>: kapital som avses i artikel 50 i tillsynsförordningen,</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">117</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_118">
<P class="p473 ft2">Prop. 2020/21:173 <SPAN class="ft3">kärnprimärkapitalinstrument</SPAN>: kapitalinstrument som uppfyller villkoren i artikel <NOBR>28.1–28.4,</NOBR> <NOBR>29.1–29.5</NOBR> eller 31.1 i tillsynsförordningen,</P>
<P class="p477 ft2"><SPAN class="ft3">moderföretag</SPAN>: ett moderföretag enligt artikel 4.1.15 a i tillsyns- förordningen,</P>
<P class="p477 ft2"><SPAN class="ft3">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moderholdingföretag inom EES eller ett blandat finansiellt moderholding- företag inom EES,</P>
<P class="p477 ft2"><SPAN class="ft3">moderföretag i tredjeland</SPAN>: ett moderinstitut, ett finansiellt moder- holdingföretag eller ett blandat finansiellt moderholdingföretag som är hemmahörande i ett land utanför EES,</P>
<P class="p477 ft2"><SPAN class="ft3">moderinstitut inom EES</SPAN>: ett institut eller ett <NOBR>EES-institut</NOBR> som är ett moderföretag och som inte självt är ett dotterföretag till ett</P>
<P class="p474 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">annat institut eller ett </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p476 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p474 ft3">nationellt systemviktig resolutionsenhet<SPAN class="ft2">: en resolutionsenhet som inte är</SPAN></P>
<P class="p541 ft2">en globalt systemviktig resolutionsenhet eller en europeiskt systemviktig reso- lutionsenhet men som Riksgäldskontoret bedömer vara en sannolik systemrisk i händelse av fallissemang,</P>
<P class="p477 ft2"><SPAN class="ft3">relevanta kapitalinstrument</SPAN>: övriga primärkapitalinstrument och supplementärkapitalinstrument,</P>
<P class="p477 ft2"><SPAN class="ft3">resolutionsenhet</SPAN>: en juridisk person inom EES som enligt en resolutionsplan ska vara föremål för resolutionsåtgärder,</P>
<P class="p490 ft2"><SPAN class="ft3">resolutionsförfarande i tredjeland</SPAN>: en åtgärd som enligt rätten i ett land utanför EES syftar till att hantera en kris i ett tredjelandsinstitut eller i ett moderföretag i tredjeland, om åtgärden är jämförbar med sådana resolutionsåtgärder som får vidtas enligt denna lag i fråga om ändamål och förväntat resultat,</P>
<P class="p505 ft2"><SPAN class="ft3">resolutionsgrupp</SPAN>: en resolutionsenhet och dess dotterföretag som inte är</P>
<P class="p479 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">en resolutionsenhet,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">ett dotterföretag till en annan resolutionsenhet, eller</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft33">ett dotterföretag i ett tredjeland som enligt resolutionsplanen inte ingår i resolutionsgruppen och dess dotterföretag,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft3">resolutionskollegium</SPAN>: ett resolutionskollegium enligt artikel 88 i krishanteringsdirektivet,</P>
<P class="p479 ft2"><SPAN class="ft3">resolutionsåtgärd</SPAN>: någon av de åtgärder som anges i 12 kap. 1 §,</P>
<P class="p475 ft2"><SPAN class="ft3">samordnande berörd myndighet</SPAN>: den berörda myndigheten i samma land inom EES som den samordnande tillsynsmyndigheten,</P>
<P class="p476 ft2"><SPAN class="ft3">samordnande resolutionsmyndighet</SPAN>: resolutionsmyndigheten i samma land inom EES som den samordnande tillsynsmyndigheten,</P>
<P class="p477 ft2"><SPAN class="ft3">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som ansvarar för att utöva gruppbaserad tillsyn av moderinstitut inom EES och av institut som kontrolleras av finansiella moderholdingföretag inom EES eller blandade finansiella moderholdingföretag inom EES,</P>
<P class="p474 ft2"><SPAN class="ft3">större dotterföretag</SPAN>: ett större dotterföretag enligt artikel 4.1.135 i till-</P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td209"><P class="p279 ft2">synsförordningen,</P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p16 ft2"><SPAN class="ft3">supplementärkapitalinstrument</SPAN>: kapitalinstrument och efterställda lån</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td314"><P class="p279 ft2">som uppfyller villkoren i artikel 63 i tillsynsförordningen,</P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td209"><P class="p380 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td65"><P class="p108 ft2">Europa-</P></TD>
<TD class="tr4 td172"><P class="p48 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td27"><P class="p16 ft2">Europa-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td188"><P class="p279 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=2 class="tr5 td110"><P class="p16 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p278 ft2">118</P></TD>
<TD class="tr4 td209"><P class="p279 ft2">(EU) nr 575/2013 av</P></TD>
<TD class="tr4 td65"><P class="p108 ft2">den 26 juni</P></TD>
<TD class="tr4 td172"><P class="p18 ft2">(EU) nr 575/2013 av</P></TD>
<TD class="tr4 td27"><P class="p16 ft2">den 26 juni</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_119">
<DIV id="tx1"><SPAN class="ft2">2013 om tillsynskrav för kredit- institut </SPAN><SPAN class="ft3">och värdepappersföretag </SPAN><SPAN class="ft2">och om ändring av förordning (EU) nr 648/2012,</SPAN></DIV>
<DIV id="tx2"><SPAN class="ft24">tillsynskollegium</SPAN><SPAN class="ft2">: ett tillsyns- kollegium enligt artikel 116 i kapitaltäckningsdirektivet,</SPAN></DIV>
<DIV>
<DIV id="id_1">
<P class="p542 ft2">2013 om tillsynskrav för kredit- institut och om ändring av förordning (EU) nr 648/2012,</P>
<P class="p543 ft3"><SPAN class="ft24">tillsynskollegium</SPAN><SPAN class="ft2">: ett tillsyns- kollegium enligt artikel 116 i</SPAN></P>
<P class="p544 ft2">kapitaltäckningsdirektivet <SPAN class="ft3">eller artikel 48 i värdepappersbolags- direktivet</SPAN>,</P>
<P class="p240 ft31"><SPAN class="ft21">tredjelandsinstitut</SPAN>: ett företag som har sitt huvudkontor i ett land utanför EES och som skulle vara ett institut om det var hemmahörande inom EES,</P>
<TABLE cellpadding=0 cellspacing=0 class="t40">
<TR>
<TD colspan=2 class="tr4 td262"><P class="p39 ft3"><SPAN class="ft24">värdepappersbolag</SPAN><SPAN class="ft2">: ett</SPAN></P></TD>
<TD class="tr4 td177"><P class="p108 ft31">svenskt</P></TD>
<TD colspan=2 class="tr4 td215"><P class="p16 ft3"><SPAN class="ft24">värdepappersbolag</SPAN><SPAN class="ft2">: ett svenskt</SPAN></P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">aktiebolag som har tillstånd att</P></TD>
<TD colspan=2 class="tr4 td215"><P class="p16 ft2">aktiebolag som har tillstånd att</P></TD>
</TR>
<TR>
<TD class="tr5 td37"><P class="p18 ft2">driva</P></TD>
<TD class="tr5 td199"><P class="p37 ft2">värdepappersrörelse</P></TD>
<TD class="tr5 td177"><P class="p108 ft2">enligt</P></TD>
<TD class="tr5 td12"><P class="p18 ft2">driva</P></TD>
<TD class="tr5 td208"><P class="p16 ft2">värdepappersrörelse enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft2">lagen</P></TD>
<TD colspan=2 class="tr4 td180"><P class="p108 ft2">om värdepappersmarknaden<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr4 td12"><P class="p18 ft2">lagen</P></TD>
<TD class="tr4 td208"><P class="p16 ft2">om värdepappersmark-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td262"><P class="p18 ft2">om det har tillstånd</P></TD>
<TD class="tr4 td177"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td215"><P class="p16 ft2">naden, om det har tillstånd för</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p107 ft2"><SPAN class="ft3">a) </SPAN>för någon av de tjänster som</P></TD>
<TD colspan=2 class="tr5 td215"><P class="p16 ft2">någon av de tjänster som anges i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">anges i 2 kap. 1 § 3<SPAN class="ft3">, </SPAN>6<SPAN class="ft3">, 7, 8 och 9</SPAN></P></TD>
<TD class="tr4 td12"><P class="p18 ft2">2 kap.</P></TD>
<TD class="tr4 td208"><P class="p545 ft2">1 § 3 <SPAN class="ft3">eller </SPAN>6 den lagen,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td262"><P class="p18 ft2">den lagen,</P></TD>
<TD class="tr4 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td208"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p531 ft21"><SPAN class="ft3">b)</SPAN><SPAN class="ft62">att som sidotjänst förvara finansiella instrument för kunders räkning och ta emot medel med redovisningsskyldighet enligt 2 kap.</SPAN></P>
<P class="p102 ft3">2 § första stycket 1 den lagen, eller</P>
<P class="p546 ft3"><SPAN class="ft3">c)</SPAN><SPAN class="ft38">att som sidotjänst ta emot kunders medel på konto för att underlätta värdepappersrörelsen enligt 2 kap. 2 § första stycket 8 den lagen,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft3">värdepappersbolagsdirektivet: </SPAN>Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU, i den ursprungliga lydelsen,</P>
<P class="p239 ft3">värdepappersbolagsförordningen: <SPAN class="ft2">Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014, och</SPAN></P>
<P class="p116 ft2"><SPAN class="ft3">övriga primärkapitalinstrument</SPAN>: kapitalinstrument som uppfyller vill- koren i artikel 52.1 i tillsynsförordningen.</P>
<P class="p547 ft22"><SPAN class="ft35">27</SPAN><SPAN class="ft36">kap. </SPAN><SPAN class="ft2">13 §</SPAN></P>
<P class="p105 ft2">Avgiftsskyldiga ska betala årliga resolutionsavgifter. De sammanlagda resolutionsavgifterna för ett år ska uppgå till 0,05 procent av det totala underlag för samtliga avgiftsskyldiga som beräknas enligt 14 § (avgiftsunderlaget).</P>
<P class="p105 ft2">Om inte annat följer av tredje stycket fastställs den resolutionsavgift som en avgiftsskyldig ska betala i enlighet med förordningen om resolutions- avgifter.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">119</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_120">
<TABLE cellpadding=0 cellspacing=0 class="t82">
<TR>
<TD class="tr2 td199"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td71"><P class="p39 ft2">Det som</P></TD>
<TD colspan=2 class="tr2 td142"><P class="p108 ft2">i artiklarna 4.1, <NOBR>6–9,</NOBR></P></TD>
<TD class="tr2 td32"><P class="p48 ft2">Det som</P></TD>
<TD colspan=2 class="tr2 td174"><P class="p18 ft2">i artiklarna 4.1,</P></TD>
<TD class="tr2 td113"><P class="p16 ft2"><NOBR>6–9,</NOBR></P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">12.1, 14.2, 14.3, 14.6 och 17.2 i</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">12.1, 14.2, 14.3, 14.6 och 17.2 i</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td71"><P class="p18 ft2">förordningen</P></TD>
<TD class="tr4 td62"><P class="p45 ft2">om</P></TD>
<TD class="tr4 td194"><P class="p108 ft2">resolutions-</P></TD>
<TD class="tr4 td32"><P class="p18 ft2">förordningen</P></TD>
<TD class="tr4 td132"><P class="p45 ft2">om</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p16 ft31">resolutions-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">avgifter anges om metoden för</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">avgifter anges om metoden för risk-</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td71"><P class="p18 ft2">riskjustering</P></TD>
<TD colspan=2 class="tr5 td142"><P class="p108 ft2">av resolutionsavgift</P></TD>
<TD class="tr5 td32"><P class="p18 ft2">justering av</P></TD>
<TD colspan=2 class="tr5 td174"><P class="p37 ft31">resolutionsavgift</P></TD>
<TD class="tr5 td113"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">och om uppgiftsskyldighet, ska inte</P></TD>
<TD colspan=3 class="tr4 td271"><P class="p18 ft2">om uppgiftsskyldighet, ska</P></TD>
<TD class="tr4 td113"><P class="p16 ft2">inte</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">tillämpas för <NOBR>EES-filialer</NOBR> <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">tillämpas för <NOBR>EES-filialer.</NOBR> För <SPAN class="ft3">EES-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td76"><P class="p18 ft3">värdepappersbolag</P></TD>
<TD class="tr5 td194"><P class="p108 ft3">som omfattas</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft2"><SPAN class="ft3">filialer </SPAN>ska riskjustering av resolu-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td109"><P class="p18 ft3">av definitionen i artikel 96.1 a eller</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">tionsavgift ske i enlighet med de</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td109"><P class="p18 ft3">b i tillsynsförordningen eller som</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">kriterier som anges i artikel 103.7 i</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td109"><P class="p18 ft3">bedriver verksamhet nr 8 i avsnitt A</P></TD>
<TD colspan=2 class="tr5 td26"><P class="p18 ft2">krishanteringsdirektivet</P></TD>
<TD class="tr5 td37"><P class="p32 ft2">och</P></TD>
<TD class="tr5 td113"><P class="p16 ft2">före-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td109"><P class="p18 ft3">i bilaga I till Europaparlamentets</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft31">skrifter som har meddelats med stöd</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td71"><P class="p18 ft3">och rådets</P></TD>
<TD class="tr4 td62"><P class="p1 ft21">direktiv</P></TD>
<TD class="tr4 td194"><P class="p108 ft3">2004/39/EG,</P></TD>
<TD colspan=2 class="tr4 td26"><P class="p18 ft2">av 29 kap. 1 § 11.</P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p548 ft3">men som inte bedriver verksam- heterna nr 3 eller 6 i samma avsnitt</P>
<P class="p549 ft3"><SPAN class="ft21">i</SPAN><SPAN class="ft79">den bilagan</SPAN><SPAN class="ft2">. För </SPAN>en sådan avgiftsskyldig <SPAN class="ft2">ska riskjustering av resolutionsavgift ske i enlighet med de kriterier som anges i arti- kel 103.7 i krishanteringsdirektivet och föreskrifter som har meddelats med stöd av 29 kap. 1 § 11.</SPAN></P>
<P class="p498 ft2">Resolutionsavgift ska betalas så länge som behållningen i resolutions- reserven vid utgången av det år avgiften avser understiger tre procent av de garanterade insättningarna.</P>
<P class="p550 ft2">120</P>
</DIV>
<DIV id="page_121">
<TABLE cellpadding=0 cellspacing=0 class="t14">
<TR>
<TD rowspan=2 class="tr11 td47"><P class="p51 ft1">3</P></TD>
<TD rowspan=2 class="tr11 td48"><P class="p38 ft1">Ärendet och dess beredning</P></TD>
<TD class="tr2 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr12 td49"><P class="p18 ft14"> </P></TD>
</TR>
</TABLE>
<P class="p551 ft2">Europaparlamentet och rådet har antagit förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014, i det följande benämnd värdepappers- bolagsförordningen, se <SPAN class="ft3">bilaga 1</SPAN>. Rättelser av värdepappersbolagsförord- ningen publicerades i Europeiska unionens officiella tidning den 24 januari och den 2 december 2020, se <SPAN class="ft3">bilagorna 2 </SPAN>och <SPAN class="ft3">3</SPAN>. Europaparla- mentet och rådet har också antagit direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU, i det följande benämnt värdepappersbolags- direktivet, se <SPAN class="ft3">bilaga 4</SPAN>. En rättelse av värdepappersbolagsdirektivet publi- cerades i Europeiska unionens officiella tidning den 2 december 2020, se <SPAN class="ft3">bilaga 5. </SPAN>Värdepappersbolagsförordningen och värdepappersbolagsdirek- tivet utgör ett nytt regelverk om kapitaltäckning för värdepappersbolag.</P>
<P class="p552 ft2">Under förhandlingarna av förordningen och direktivet har en faktapro- memoria upprättats och överlämnats till riksdagen (2017/18:FPM43).</P>
<P class="p553 ft2">Regeringen gav den 16 maj 2019 en särskild utredare i uppdrag att lämna förslag till de lagändringar som krävs för att bl.a. anpassa och komp- lettera svensk rätt till det nya <NOBR>EU-rättsliga</NOBR> regelverket om kapitaltäckning för värdepappersbolag (dir. 2019:22). Utredningen antog namnet Utred- ningen om nya kapitaltäckningsregler för värdepappersbolag.</P>
<P class="p554 ft31">Utredningen har redovisat sitt uppdrag i betänkandet Nya kapitaltäck- ningsregler för värdepappersbolag (SOU 2020:12). I det lämnas de författ- ningsförslag som krävs för att anpassa svensk rätt till värdepappersbolags- förordningen och genomföra värdepappersbolagsdirektivet i svensk rätt.</P>
<P class="p555 ft2">En sammanfattning av betänkandet och utredningens lagförslag finns i <SPAN class="ft3">bilagorna 6 </SPAN>och <SPAN class="ft3">7</SPAN>.</P>
<P class="p556 ft2">Betänkandet har remissbehandlats. En förteckning över remissinstan- serna finns i <SPAN class="ft3">bilaga 8</SPAN>. Remissvaren finns tillgängliga på regeringens webb- plats (www.regeringen.se) och i Finansdepartementet (Fi2020/00993).</P>
<P class="p555 ft2">I <SPAN class="ft3">bilaga 11 </SPAN>finns en uppställning som visar vilka bestämmelser som genomför värdepappersbolagsdirektivet i svensk rätt.</P>
<P class="p555 ft2">I propositionen behandlas utredningens förslag, med undantag av utredningens förslag om att vissa mycket stora värdepappersbolag ska ansöka om tillstånd som kreditinstitut, som kommer att behandlas i ett annat sammanhang. Även en ändring i Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europa- parlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012 som har gjorts genom värdepappersbolagsdirektivet (artikel 63.2) behandlas i propositionen Ändringar i regelverket om hantering av finansiella företag i kris (prop. 2020/21:155).</P>
<P class="p557 ft2">121</P>
</DIV>
<DIV id="page_122">
<P class="p558 ft2">Prop. 2020/21:173 <SPAN class="ft3">Lagrådet</SPAN></P>
<P class="p559 ft2">Regeringen beslutade den 25 februari 2021 att inhämta Lagrådets yttrande över de lagförslag som finns i <SPAN class="ft3">bilaga 9</SPAN>. Lagrådets yttrande finns i <SPAN class="ft3">bilaga 10</SPAN>.</P>
<P class="p477 ft2">Regeringen har följt Lagrådets förslag och synpunkter, som behandlas i avsnitten 6.3 och 9.2 och i författningskommentaren (avsnitten 17.1 och 17.2). I förhållande till lagrådsremissen har det i propositionen dess- utom gjorts några språkliga och redaktionella ändringar.</P>
<P class="p498 ft2">I fråga om 25 kap. 1 d § lagen (2007:528) om värdepappersmarknaden och 2 kap. 1 § och 27 kap. 13 § lagen (2015:1016) om resolution tas det i propositionen in två ytterligare förslag till ändringar (avsnitten 2.24 och 2.25) med anledning av de ändringar i dessa paragrafer som föreslås i propositionen Ändringar i regelverket om hantering av finansiella företag i kris (prop. 2020/21:155). Dessa ändringar är författningstekniskt och även i övrigt av sådan beskaffenhet att Lagrådets hörande skulle sakna betydelse. Lagrådets yttrande har därför inte hämtats in beträffande dessa förslag.</P>
<P class="p560 ft1"><SPAN class="ft1">4</SPAN><SPAN class="ft80">Bakgrunden till nuvarande regelverk</SPAN></P>
<P class="p561 ft18"><SPAN class="ft76">4.1</SPAN><SPAN class="ft19">Nuvarande kapitaltäckningsregelverk</SPAN></P>
<P class="p502 ft2">Värdepappersföretag, som i svensk rätt benämns värdepappersbolag, om- fattas i dag på <NOBR>EU-nivå</NOBR> av samma regelverk om kapitaltäckning som kredit- institut, dvs. Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och värdepappers- företag, i det följande benämnd tillsynsförordningen, och Europaparla- mentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut och värdepappersföretag, i det följande benämnt kapitaltäckningsdirektivet.</P>
<P class="p562 ft2">Ändringar i kapitaltäckningsdirektivet har gjorts genom Europaparla- mentets och rådets direktiv (EU) 2019/878 av den 20 maj 2019 om ändring av direktiv 2013/36/EU vad gäller undantagna enheter, finansiella hol- dingföretag, blandade finansiella holdingföretag, ersättning, tillsynsåtgär- der och tillsynsbefogenheter och kapitalbevarande åtgärder, i det följande benämnt ändringsdirektivet. Enligt ändringsdirektivet ska de bestämmel- ser som medlemsstaterna inför för att följa det direktivet i huvudsak börja tillämpas den 29 december 2020.</P>
<P class="p498 ft2">Ändringar i tillsynsförordningen har gjorts genom Europaparlamentets och rådets förordning (EU) 2019/876 av den 20 maj 2019 om ändring av förordning (EU) nr 575/2013 vad gäller bruttosoliditetsgrad, stabil netto- finansieringskvot, krav för kapitalbas och kvalificerade skulder, motparts- risk, marknadsrisk, exponeringar mot centrala motparter, exponeringar mot företag för kollektiva investeringar, stora exponeringar, rapporterings- krav och krav på offentliggörande av information, samt av förordning (EU) nr 648/2012, i det följande benämnd ändringsförordningen. Ändringsförordningen ska med vissa undantag börja tillämpas den 28 juni</P>
<P class="p563 ft2">122<SPAN style="padding-left:106px;">2021.</SPAN></P>
</DIV>
<DIV id="page_123">
<P class="p136 ft2">Kapitaltäckningsdirektivet har i huvudsak genomförts i svensk rätt Prop. 2020/21:173 genom lagen (2014:968) om särskild tillsyn över kreditinstitut och värde-</P>
<P class="p564 ft2">pappersbolag, i det följande benämnd tillsynslagen, lagen (2014:966) om kapitalbuffertar, i det följande benämnd buffertlagen, lagen (2004:297) om bank- och finansieringsrörelse och lagen (2007:528) om värdepappers- marknaden. Tillsynslagen kompletterar även tillsynsförordningen.</P>
<P class="p438 ft2">Ändringsdirektivet har genomförts i svensk rätt (prop. 2020/21:36, bet. 2020/21:FiU37, rskr. 2020/21:116).</P>
<P class="p565 ft18"><SPAN class="ft18">4.2</SPAN><SPAN class="ft19">Ett nytt kapitaltäckningsregelverk för värdepappersbolag</SPAN></P>
<P class="p566 ft2">Europeiska kommissionen har i samråd med Europeiska bankmyndigheten (Eba) och Europeiska värdepappers- och marknadsmyndigheten (Esma) analyserat om det nuvarande regelverket har en lämplig utformning för värdepappersföretag. Analysen har utmynnat i slutsatsen att regelverket om kapitaltäckning behöver anpassas till värdepappersföretagens egenart och göras mer proportionerligt i förhållande till värdepappersföretagens storlek, tjänster och grad av komplexitet.</P>
<P class="p93 ft2">Av det skälet har ett nytt <NOBR>EU-regelverk</NOBR> om kapitaltäckning för värde- pappersföretag tagits fram. Regelverket består av Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsyns- krav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014, i det följande benämnd värdepappersbolagsförordningen, och Europaparla- mentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU, i det följande benämnt värdepappersbolagsdirektivet.</P>
<P class="p567 ft2">Det nya regelverket om kapitaltäckning för värdepappersföretag täcker samma områden som tillsynsförordningen och kapitaltäckningsdirektivet, men innebär en rad förändringar för värdepappersföretagens del. Vissa stora och systemviktiga värdepappersföretag ska inte tillämpa det nya regelverket utan i stället fortsätta att tillämpa tillsynsförordningen och de nationella regler som genomför kapitaltäckningsdirektivet.</P>
<P class="p568 ft1"><SPAN class="ft1">5</SPAN><SPAN class="ft81">Värdepappersbolagsförordningen och värdepappersbolagsdirektivet</SPAN></P>
<P class="p569 ft18">5.1 Inledning</P>
<TABLE cellpadding=0 cellspacing=0 class="t87">
<TR>
<TD class="tr2 td316"><P class="p18 ft2">Europaparlamentets och rådets förordning (EU) 2019/2033 av den</P></TD>
<TD class="tr2 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">27 november 2019 om tillsynskrav för värdepappersföretag och om änd-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">ring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU)</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">nr 600/2014 och (EU) nr 806/2014, härefter benämnd värdepappersbo-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">lagsförordningen, innehåller bestämmelser om kapitalbaskrav som avser</P></TD>
<TD rowspan=2 class="tr32 td80"><P class="p16 ft2">123</P></TD>
</TR>
<TR>
<TD class="tr12 td316"><P class="p18 ft14"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_124">
<P class="p497 ft2">Prop. 2020/21:173 mätbara, enhetliga och standardiserade delar av företagsrisk, kundrisk och marknadsrisk, krav som begränsar koncentrationsrisken, likviditetskrav, rapporteringskrav och krav på offentliggörande av information. Europa- parlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU, härefter benämnt värdepappersbolagsdirektivet, innehåller regler om värdepappersföretags startkapital, behöriga myndigheters befogenheter och verktyg i tillsynen av värdepappersföretag, och offent- liggörandekrav för behöriga myndigheter när det gäller reglering och till- syn av värdepappersföretag.</P>
<P class="p570 ft2">Värdepappersbolagsförordningen ska, med några få undantag, börja tillämpas den 26 juni 2021. Medlemsstaterna ska senast den dagen även ha antagit och offentliggjort de bestämmelser som är nödvändiga för att följa värdepappersbolagsdirektivet. Medlemsstaterna ska även, med något undantag, tillämpa bestämmelserna från den dagen.</P>
<P class="p571 ft18"><SPAN class="ft76">5.2</SPAN><SPAN class="ft19">Värdepappersbolagsförordningen</SPAN></P>
<P class="p572 ft84"><SPAN class="ft82">5.2.1</SPAN><SPAN class="ft83">Inledning</SPAN></P>
<P class="p573 ft2">Värdepappersbolagsförordningen innehåller bestämmelser om bl.a. kapi- talkrav, likviditetskrav, offentliggörande av information och rapporte- ringskrav. Särskilt bestämmelserna om kapitaltäckning innebär föränd- ringar i förhållande till det som i dag gäller för värdepappersföretag och det nya regelverket är särskilt anpassat för verksamheten i värdepappers- företag.</P>
<P class="p574 ft84"><SPAN class="ft82">5.2.2</SPAN><SPAN class="ft83">Ett nytt sätt att beräkna kapitalkraven</SPAN></P>
<P class="p575 ft2">Det <NOBR>EU-rättsliga</NOBR> kapitaltäckningsregelverk som värdepappersföretagen omfattas av i dag utgår från kreditinstitutens verksamhet. Kapitalkraven anger minimikrav på hur mycket kapital av olika slag som institut måste hålla vid varje tidpunkt för att täcka risker i sina tillgångar. Det är risker för förlust i samband med utlåning (kreditrisk) men även marknadsrisker och operativa risker. En viktig komponent för att komma fram till vad som är tillräckligt kapital är värderingen av tillgångarna och riskerna i dem. Stora delar av regelverket utgörs därför av regler om värdering av olika tillgångsslag och riskerna i dem. De riskvägda tillgångarna ska sedan täckas av kapital i viss omfattning. I nu gällande regelverk utgörs ett värdepappersbolags tillgångar till stor del av fordringar av olika slag, på olika motparter och med olika löptider, dvs. tillgångar som normalt sett utgör en stor del av ett kreditinstituts exponeringar. Visserligen finns en del proportionalitetsregler och lättnader för värdepappersföretagen men själva utgångspunkten – relationen mellan kapital och riskvägda till- gångar, främst i form av krediter – är i flera delar inte särskilt relevant för värdepappersföretag, i synnerhet inte för företag som varken sysslar med kreditgivning eller handel för egen räkning med finansiella instrument.</P>
<P class="p148 ft2">124</P>
</DIV>
<DIV id="page_125">
<P class="p136 ft2">Det nya kapitaltäckningsregelverket för värdepappersföretag har därför Prop. 2020/21:173 en helt annan utgångspunkt. Det är fortfarande fråga om att företaget ska</P>
<P class="p439 ft2">ha tillräckligt kapital, men inte i förhållande till riskvägda tillgångar, utan i förhållande till de risker (bl.a. kundrisker) som är förknippade med den verksamhet som är typisk för värdepappersföretag, t.ex. kapital- förvaltning, hantering av kunders order, handel för egen räkning och förvaring av kunders medel och finansiella instrument. I värdepappers- bolagsförordningen finns regler för hur man beräknar omfattningen av de olika verksamheterna, som kallas <NOBR>K-faktorer</NOBR> i förordningen, och rela- tionen till värdepappersföretagets kapitalbas.</P>
<P class="p576 ft2">Medan reglerna om vad värdepappersföretagets kapital ska vara tillräck- ligt i förhållande till är helt andra än reglerna för kreditinstitut, är reglerna om kapitalets kvalitet i många avseenden desamma. Det är i båda fallen fråga om att kapitalet ska ha en viss kvalitet och kapitalbasen ska bestå av kärnprimärkapital, övrigt primärkapital för kapitaltäckningsändamål och supplementärkapital. Dessa delar av kapitalet definieras på samma sätt i tillsynsförordningen och i värdepappersbolagsförordningen, med vissa avvikelser och undantag i värdepappersbolagsförordningen.</P>
<P class="p577 ft84"><SPAN class="ft82">5.2.3</SPAN><SPAN class="ft83">Inga krav på kapitalbuffertar och bruttosoliditet</SPAN></P>
<P class="p578 ft2">I det nuvarande kapitaltäckningsregelverket ställs krav på att institut, dvs. kreditinstitut och värdepappersföretag, ska ha extra kapitalbuffertar bestå- ende av kärnprimärkapital för att stärka det finansiella systemets mot- ståndskraft mot systemrisker. Det är fråga om kapitalkonserveringsbuffert, kontracyklisk kapitalbuffert, systemriskbuffert och kapitalbuffertar för systemviktiga institut. Genom det nya kapitaltäckningsregelverket för värde- pappersföretag kommer buffertkraven inte längre att gälla för dessa.</P>
<P class="p93 ft2">Det nuvarande regelverket ställer också krav på att instituten ska ha en viss bruttosoliditet. Detta mått anger institutens egna kapital i förhållande till deras totala tillgångar, inklusive åtaganden utanför balansräkningen och oavsett risk. Tanken med detta mått är att utgöra en säkerhetsspärr till de riskviktade kapitaltäckningskraven. Något krav på bruttosoliditet ställs dock inte på värdepappersföretag enligt de nya reglerna.</P>
<P class="p579 ft84"><SPAN class="ft82">5.2.4</SPAN><SPAN class="ft83">En enklare likviditetsreglering</SPAN></P>
<P class="p580 ft2">Liksom tillsynsförordningen innehåller värdepappersbolagsförordningen krav på bolagens likviditet. De nya reglerna innebär dock en förenkling i förhållande till de nuvarande reglerna. Ett värdepappersföretag ska ha lik- vida tillgångar motsvarande en tredjedel av kravet baserat på fasta omkost- nader. Ett värdepappersföretag kan tillfälligt, efter godkännande av den behöriga myndigheten, minska mängden likvida tillgångar.</P>
<P class="p579 ft84"><SPAN class="ft82">5.2.5</SPAN><SPAN class="ft83">Lättnader vid tillräckligt enkla gruppstrukturer</SPAN></P>
<P class="p581 ft2">Liksom i dagens kapitaltäckningsregler ska kraven enligt kapitaltäcknings- reglerna för värdepappersföretag tillämpas på gruppnivå, om ett värde-</P>
<P class="p14 ft66">pappersföretag ingår i en koncern. Enligt värdepappersbolagsförordningen</P>
<P class="p539 ft2">125</P>
</DIV>
<DIV id="page_126">
<P class="p497 ft2">Prop. 2020/21:173 kan dock den behöriga myndigheten besluta att tillämpa vissa förenklingar och lättnader i kraven på tillräckligt enkla gruppstrukturer där det inte föreligger några väsentliga risker för kunder eller för marknaden som motiverar gruppbaserad tillsyn.</P>
<P class="p574 ft84"><SPAN class="ft82">5.2.6</SPAN><SPAN class="ft83">Offentliggörande av information</SPAN></P>
<P class="p573 ft2">För att hantera kraven på tillräckligt kapital finns i dagens kapitaltäck- ningsregelverk en rad regler om offentliggörande av information om bolagets kapitalbas och metoder för att uppfylla kapitalkraven, hur till- synen ska bedrivas både nationellt och i fråga om gränsöverskridande före- tagsgrupper och lämpliga sanktioner vid överträdelser. Motsvarande regler finns även i kapitaltäckningsregelverket för värdepappersföretag men anpassade efter det sätt på vilket de företagen ska beräkna kapitalkraven. Exempelvis behöver små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag inte tillämpa kapitalkraven beräknade på <NOBR>K-faktorer.</NOBR></P>
<P class="p582 ft84"><SPAN class="ft82">5.2.7</SPAN><SPAN class="ft83">Vissa värdepappersföretag ska följa det nuvarande kapitaltäckningsregelverket</SPAN></P>
<P class="p575 ft2">Enligt värdepappersbolagsförordningen ska vissa värdepappersföretag följa det nuvarande kapitaltäckningsregelverket i stället för det nya. Det rör sig enbart om värdepappersföretag med tillstånd till handel för egen räkning eller för garantiverksamhet för finansiella instrument eller place- ring av finansiella instrument på grundval av ett fast åtagande. Dessutom måste vissa andra förutsättningar vara uppfyllda i fråga om storlek på till- gångar eller systemviktighet. I vissa fall kan även den behöriga myndig- heten (i Sverige Finansinspektionen) tillåta att ett värdepappersföretag med något av de nämnda tillstånden tillämpar det nuvarande kapitaltäck- ningsregelverket om det är ett dotterföretag som omfattas av den grupp- baserade tillsynen av ett kreditinstitut, ett finansiellt holdingföretag eller ett blandat finansiellt holdingföretag.</P>
<P class="p570 ft2">Genom värdepappersbolagsförordningen har det även gjorts en ändring i tillsynsförordningen som innebär att värdepappersföretag som har något av de nämnda tillstånden och även mycket stora tillgångar i stället ska utgöra kreditinstitut, vilket innebär att de ska tillämpa det nuvarande kapitaltäckningsregelverket. De anpassningar av svensk rätt som behöver göras för dessa värdepappersföretag kommer att behandlas i ett annat sammanhang (se avsnitt 3).</P>
<P class="p583 ft18"><SPAN class="ft76">5.3</SPAN><SPAN class="ft19">Värdepappersbolagsdirektivet</SPAN></P>
<P class="p584 ft84"><SPAN class="ft82">5.3.1</SPAN><SPAN class="ft83">Startkapital</SPAN></P>
<P class="p585 ft2">Värdepappersbolagsdirektivet innehåller nya regler om värdepappersföre- tagens startkapital. Reglerna är utformade så att det ställs olika krav på startkapitalets storlek beroende på värdepappersföretagets verksamhet. Ett värdepappersföretags startkapital ska enligt direktivet bestå av kärnprimär-</P>
<P class="p586 ft2">126</P>
</DIV>
<DIV id="page_127">
<P class="p329 ft2">kapital, övrigt primärkapital för kapitaltäckningsändamål och supplemen- Prop. 2020/21:173 tärkapital.</P>
<P class="p314 ft84"><SPAN class="ft82">5.3.2</SPAN><SPAN class="ft83">Bolagsstyrning och riskhantering</SPAN></P>
<P class="p587 ft2">I värdepappersbolagsdirektivet finns regler om intern styrning, insyn och riskhantering. De innebär i huvudsak att värdepappersföretag ska ha infört sunda, effektiva och heltäckande arrangemang, strategier och processer för att fortlöpande värdera och upprätta hålla internt kapital och likvida tillgångar som är tillräckliga för att täcka de risker som företaget kan innebära för andra eller som företaget självt är eller kan bli exponerat för. Dessa regler gäller inte för små och <NOBR>icke-sammanlänkade</NOBR> värdepappers- företag. Enligt direktivet får dock den behöriga myndigheten besluta att även sådana företag ska tillämpa vissa av de reglerna.</P>
<P class="p577 ft84"><SPAN class="ft82">5.3.3</SPAN><SPAN class="ft83">Ersättningsregler</SPAN></P>
<P class="p588 ft2">I värdepappersbolagsdirektivet finns det regler om ersättning till personer i ledande befattning och vissa andra personalkategorier i avsnittet om intern styrning, insyn, riskhantering och ersättning. De reglerna är inte tillämpliga på små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag.</P>
<P class="p89 ft2">Det är fråga om krav på ersättningspolicy, vad som ska gälla i fråga om ersättning för företag som tar emot extraordinärt offentligt stöd, krav på att vissa värdepappersföretag ska upprätta en ersättningskommitté samt detalje- rade regler om rörlig ersättning.</P>
<P class="p579 ft84"><SPAN class="ft82">5.3.4</SPAN><SPAN class="ft83">Tillsyn</SPAN></P>
<P class="p589 ft2">I värdepappersbolagsdirektivet finns regler om utseende av behöriga myndigheter och om deras befogenheter. Medlemsstaterna ska utse en eller flera behöriga myndigheter som ska utföra de uppgifter som framgår av direktivet och värdepappersbolagsförordningen. Medlemsstaterna ska bl.a. se till att myndigheterna har alla nödvändiga befogenheter för att säkerställa att värdepappersföretagen uppfyller kraven enligt regelverket och att företagen förser myndigheterna med den information som behövs för att bedöma detta. I direktivet finns även regler om tillsyn av värde- pappersföretagskoncerner.</P>
<P class="p577 ft84"><SPAN class="ft82">5.3.5</SPAN><SPAN class="ft83">Samarbete och informationsutbyte</SPAN></P>
<P class="p589 ft2">Värdepappersbolagsdirektivet innehåller även regler om gränsöver- skridande samarbete som i huvudsak innebär att de behöriga myndig- heterna ska samarbeta, utbyta information och delta i den verksamhet som bedrivs av Europeiska bankmyndigheten (Eba) och inom tillsynskollegier.</P>
<P class="p590 ft2">127</P>
</DIV>
<DIV id="page_128">
<TABLE cellpadding=0 cellspacing=0 class="t88">
<TR>
<TD class="tr2 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft84">5.3.6</SPAN></P></TD>
<TD class="tr2 td176"><P class="p18 ft84">Sanktioner</P></TD>
</TR>
</TABLE>
<P class="p573 ft2">I värdepappersbolagsdirektivet finns en rad nya regler som syftar till att säkerställa effektiva, proportionella och avskräckande administrativa sanktioner och andra administrativa åtgärder. Direktivet innehåller, förutom en minimilista på vilka sanktioner och åtgärder som ska finnas tillgängliga för de behöriga myndigheterna, även regler om vilka som omfattas av sanktionerna och åtgärderna och vilka kriterier som bör beaktas vid beslut om sanktioner och åtgärder.</P>
<P class="p560 ft1"><SPAN class="ft1">6</SPAN><SPAN class="ft80">Allmänna utgångspunkter</SPAN></P>
<P class="p561 ft18"><SPAN class="ft76">6.1</SPAN><SPAN class="ft19">Inledning</SPAN></P>
<P class="p591 ft2">Värdepappersbolagsförordningen är som <NOBR>EU-förordning</NOBR> direkt tillämplig i varje medlemsstat. En sådan rättsakt varken ska eller får genomföras i eller omvandlas till nationell rätt. Däremot måste nationell rätt anpassas för att säkerställa att den inte innehåller bestämmelser som innebär en dubbelreglering eller hamnar i konflikt med förordningen. Skulle en kon- flikt ändå inträffa, har unionsrätten företräde. De bestämmelser i lagar, förordningar och myndighetsföreskrifter som reglerar sådant som även regleras i värdepappersbolagsförordningen blir obsoleta och måste därmed upphävas. Förordningen förutsätter dock att medlemsstaterna vidtar vissa nationella åtgärder, som t.ex. att utse behörig myndighet, och i vissa fall behöver förordningen kompletteras genom nationella föreskrifter.</P>
<P class="p570 ft2">I den utsträckning reglerna i värdepappersbolagsdirektivet inte tillgodo- ses genom gällande rätt måste dessa regler genomföras genom nya lagar, förordningar eller myndighetsföreskrifter eller genom justeringar i befint- ligt regelverk.</P>
<TABLE cellpadding=0 cellspacing=0 class="t89">
<TR>
<TD class="tr32 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr32 td24"><P class="p19 ft76">6.2</P></TD>
<TD class="tr32 td317"><P class="p592 ft18">Värdepappersbolagsdirektivet bör som</P></TD>
</TR>
<TR>
<TD class="tr20 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td317"><P class="p18 ft18">utgångspunkt genomföras genom bestämmelser</P></TD>
</TR>
<TR>
<TD class="tr20 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td317"><P class="p18 ft18">i lag</P></TD>
</TR>
<TR>
<TD class="tr8 td61"><P class="p18 ft9"> </P></TD>
<TD colspan=2 class="tr37 td318"><P class="p18 ft85"> </P></TD>
</TR>
<TR>
<TD class="tr16 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td320"><P class="p448 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Värdepappersbolagsdirektivet bör genom-</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p78 ft2">föras genom bestämmelser i lag, utom i de fall ett sådant genomförande</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">inte stämmer överens med den nuvarande lagstiftningsstrukturen.</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p416 ft31">De anpassningar till värdepappersbolagsdirektivet och värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p448 ft2">bolagsförordningen som bör göras genom bestämmelser i lag bör göras</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">genom ändringar i befintlig lagstiftning.</P></TD>
</TR>
<TR>
<TD class="tr38 td319"><P class="p18 ft86"> </P></TD>
<TD colspan=2 class="tr39 td321"><P class="p18 ft87"> </P></TD>
</TR>
<TR>
<TD class="tr3 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr3 td103"><P class="p271 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens bedömning.</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p593 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td24"><P class="p18 ft2">det.</P></TD>
<TD class="tr4 td317"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p593 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">En utgångspunkt bör vara att</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">regler i värdepappersbolagsdirektivet ska genomföras genom bestämmel-</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p594 ft2">128</P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">ser i lag. Vissa artiklar i direktivet är emellertid mycket detaljrika. Det</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_129">
<DIV>
<DIV id="id_1">
<P class="p595 ft2">gäller exempelvis dem om värdepappersbolagens ersättningspolicy och metoderna för den behöriga myndighetens tillsyn. I svensk rätt brukar regler på en sådan detaljnivå inte förekomma i lagtext, utan i stället i före- skrifter som regeringen eller myndigheter meddelar. En lösning med en generellt utformad bestämmelse i lag stämmer bra överens med svensk lagstiftningstradition men har nackdelen att regleringen kommer att finnas uppdelad på flera olika nivåer: den svenska lagen, kommissionens dele- gerade akter och genomförandeakter och svenska myndighetsföreskrifter. Regelverk om ersättningssystem i finansiella företag har i tidigare lagstift- ningsärenden ansetts lämpa sig mindre väl för en reglering i lag (se prop. 2012/13:155 s. 260 f., prop. 2013/14:228 s. 182 och prop. 2015/16:170 s. 40 f.). I stället har Finansinspektionen bemyndigats att meddela före- skrifter om de åtgärder som berörda företag behöver vidta. Det är också den modell som har valts för de ersättningsregler och bestämmelser om metoder för tillsyn som i dag härrör från kapitaltäckningsregelverket (se prop. 2013/14:228 s. 182 och 202 f.). För att åstadkomma en samman- hållen svensk reglering när det gäller ersättningar och metoder för tillsyn bör samma lösning väljas för värdepappersbolagen (se vidare avsnitten 10 och 11).</P>
<P class="p596 ft2">Det nuvarande kapitaltäckningsregelverket har för värdepappersbolagens del genomförts i svensk rätt i huvudsak genom tillsynslagen, buffertlagen och lagen om värdepappersmarknaden. I korthet kan sägas att bestämmel- ser som fokuserar på kapitaltäckning och tillsyn på det området finns i tillsynslagen medan bestämmelser om startkapital, bolagsstyrning och sanktioner finns i lagen om värdepappersmarknaden. Kapitaltäcknings- direktivets särskilda regler om olika kapitalbuffertar som inte har några motsvarigheter i värdepappersbolagsdirektivet har dock genomförts i buffertlagen.</P>
<P class="p597 ft31">Det nya regelverket gäller specifikt för värdepappersbolag och berör inte kreditinstitut. För att skapa en sammanhållen reglering för olika företags- typer bör de nya reglerna genomföras inom ramen för den befintliga lag- strukturen. Det innebär i fråga om regler som fokuserar på kapitaltäckning och tillsyn genom ändringar i tillsynslagen och i fråga om regler rörande startkapital, bolagsstyrning och sanktioner genom ändringar i lagen om värdepappersmarknaden. När det gäller buffertlagen ska flertalet värde- pappersbolag inte längre omfattas av den lagen, se avsnitt 14.3 om de värdepappersbolag som ska omfattas av den lagen även i fortsättningen.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">129</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_130">
<TABLE cellpadding=0 cellspacing=0 class="t90">
<TR>
<TD class="tr19 td61"><P class="p30 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr19 td24"><P class="p19 ft76">6.3</P></TD>
<TD class="tr19 td317"><P class="p18 ft18">Termer och uttryck</P></TD>
</TR>
<TR>
<TD class="tr8 td61"><P class="p18 ft9"> </P></TD>
<TD colspan=2 class="tr37 td318"><P class="p18 ft85"> </P></TD>
</TR>
<TR>
<TD class="tr16 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td320"><P class="p43 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Termen institut i tillsynslagen ska anpassas till</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">tillsynsförordningen.</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p593 ft2">Kortformerna värdepappersbolagsförordningen och värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">bolagsdirektivet ska införas i lagen om värdepappersmarknaden och</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">tillsynslagen. Kortformen värdepappersbolagsförordningen ska införas</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">också i lagen om resolution.</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p593 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Det bör inte göras någon ändring av</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">bestämmelsen i tillsynslagen om att termer och uttryck, som inte</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">definieras särskilt där, ska ha samma betydelse som i tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">förordningen.</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p593 ft2">Termer och uttryck i de bestämmelser som föreslås bör så nära som</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">möjligt ansluta sig till de termer och uttryck som används i</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">värdepappersbolagsförordningen och värdepappersbolagsdirektivet,</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">om det inte finns skäl för att använda andra termer och uttryck med</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">hänsyn till att samma termer och uttryck med en annan innebörd</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">används i bestämmelser som kompletterar tillsynsförordningen eller</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">genomför kapitaltäckningsdirektivet.</P></TD>
</TR>
<TR>
<TD class="tr38 td319"><P class="p18 ft86"> </P></TD>
<TD colspan=2 class="tr39 td321"><P class="p18 ft87"> </P></TD>
</TR>
<TR>
<TD class="tr3 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr3 td103"><P class="p593 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer delvis med regeringens för-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">slag och bedömning. Utredningen föreslår inte någon anpassning av</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">termen institut till tillsynsförordningen. Utredningen föreslår att termer</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">och uttryck i tillsynslagen, som inte definieras särskilt i den lagen, ska ha</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">samma betydelse som i tillsynsförordningen och värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">förordningen.</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p593 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td24"><P class="p18 ft2">mot den.</P></TD>
<TD class="tr4 td317"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p593 ft22">Skälen för regeringens förslag och bedömning: <SPAN class="ft2">EU:s nya kapitaltäck-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">ningsregelverk för värdepappersbolag består av ett direktiv och en</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">förordning som kommer att kompletteras med delegerade akter och</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">genomförandeakter som antas av kommissionen. Det regelverket inne-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">håller och hänvisar till gemensamma termer och uttryck. Det skulle</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">medföra problem för tolkningen och tillämpningen av regelverket om</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">svensk lagstiftning skulle avvika alltför mycket från direktivet och</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">förordningen. Utformningen av de svenska bestämmelserna bör därför</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">överensstämma med direktivet så långt som det är möjligt.</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p593 ft31">I detta sammanhang finns det anledning att ta upp termen värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">bolag. Det är enligt svensk rätt benämningen på ett svenskt bolag som</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">motsvarar det som inom <NOBR>EU-rätten</NOBR> kallas värdepappersföretag. Termen</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">värdepappersbolag innebär således en avvikelse från den terminologi som</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft31">används i värdepappersbolagsförordningen, värdepapperbolagsdirektivet,</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">liksom i andra <NOBR>EU-rättsakter</NOBR> som Europaparlamentets och rådets direktiv</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">och om ändring av direktiv 2002/92/EG och av direktiv 2011/61/EU</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">(förkortat MiFID II), tillsynsförordningen och kapitaltäckningsdirektivet.</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">Regeringen anser dock att fördelarna med att behålla termerna värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">pappersbolag överväger de eventuella nackdelar som en sådan avvikelse</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">från den terminologi som används i <NOBR>EU-rättsakter</NOBR> skulle kunna innebära.</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">Det har inte framkommit att denna avvikelse mellan terminologin i svensk</P></TD>
</TR>
<TR>
<TD class="tr16 td61"><P class="p594 ft2">130</P></TD>
<TD colspan=2 class="tr16 td103"><P class="p18 ft2">rätt och <NOBR>EU-rätten</NOBR> skulle ha inneburit några problem t.ex. vid tolkningen</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_131">
<DIV>
<DIV id="id_1">
<P class="p598 ft2">eller tillämpningen av det som anges i svensk rätt i förhållande till det som anges i MiFID II (jfr prop. 2016/17:162 s. 244).</P>
<P class="p599 ft2">Termen institut definieras i dag som både kreditinstitut och värde- pappersföretag i tillsynsförordningen (artikel 4.1.3). Genom värde- pappersbolagsförordningen (artikel 62.3 c) har definitionen av institut i tillsynsförordningen ändrats till att bara omfatta kreditinstitut. Eftersom kapitaltäckningsdirektivets definition av institut (artikel 3.1 3) hänvisar till tillsynsförordningens innebär det att definitionen i direktivet också har ändrats. Termen institut i tillsynslagen definieras i dag som kreditinstitut och värdepappersbolag (1 kap. 2 § första stycket 2). Definitionen av termen institut i lagen bör i stället motsvara definitionen av institut i tillsynsförordningen.</P>
<P class="p600 ft2">En ny definition av institut som motsvarar definitionen av institut i tillsynsförordningen innebär att termen institut behöver tas bort ur vissa bestämmelser i tillsynslagen och ersättas med termen kreditinstitut eller uttrycket kreditinstitut och värdepappersbolag, beroende på bestämmel- sens tillämpningsområde.</P>
<P class="p601 ft2">Vissa bestämmelser i tillsynslagen som genomför kapitaltäcknings- direktivet tar sikte på den konsoliderade situationen, dvs. kan ta sikte på svenska och utländska företag. Det kommer emellertid inte till uttryck i lagtexten i vissa fall (1 kap. 8 och 9 §§, 3 kap. 1 §, 4 kap. 1 och 5 §§, 6 kap. 7 § och 7 kap. 1 och 3 §§). Det bör rättas till.</P>
<P class="p602 ft2">Enligt tillsynslagen ska termer och uttryck som inte definieras särskilt i den lagen ha samma betydelse som i tillsynsförordningen. Utredningen föreslår att termerna och uttrycken i sådana fall även ska ha samma betydelse som i värdepappersbolagsförordningen. Flera termer definieras dock på olika sätt i de två <NOBR>EU-förordningarna.</NOBR> Regeringen anser därför att det inte bör göras någon sådan ändring som utredningen föreslår.</P>
<P class="p603 ft2">Vissa termer och uttryck som gäller grupptillsyn, t.ex. grupp, på grupp- nivå och konsoliderad situation, förekommer i både kapitaltäcknings- direktivet och värdepappersbolagsdirektivet (se bl.a. artikel 111 i kapital- täckningsdirektivet och artikel 46 i värdepappersbolagsdirektivet) och definieras på olika sätt i de båda direktiven. Termerna och uttrycken före- kommer även i tillsynslagen och har enligt denna lag samma betydelse som i tillsynsförordningen (1 kap. 2 § andra stycket). Detta innebär i sin tur att de i den lagen har samma betydelse som i kapitaltäckningsdirektivet (se artikel 3). För att underlätta tillämpningen av tillsynslagen bör andra termer och uttryck användas i de bestämmelser som föreslås i denna proposition för att genomföra värdepappersbolagsdirektivet. Sådana termer och uttryck behandlas i avsnitten 11.3 och 11.5. Termen grupp- kapitaltest är dock central i värdepappersbolagsförordningen och värde- pappersbolagsdirektivet men förekommer inte i tillsynsförordningen och kapitaltäckningsdirektivet. Den termen bör därför användas även i tillsyns- lagen.</P>
<P class="p604 ft2">Uttrycken blandat finansiellt moderholdingföretag inom EES, holding- företag med blandad verksamhet, moderföretag och dotterföretag definieras på olika sätt i värdepappersbolagsdirektivet och kapital- täckningsdirektivet. När dessa termer används i bestämmelser i tillsyns- lagen som genomför värdepappersbolagsdirektivet bör det direktivets definitioner gälla.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">131</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_132">
<P class="p605 ft2">Prop. 2020/21:173 Definitionen av finansiellt institut i lagen om värdepappersmarknaden hänvisar i dag till definitionen av det uttrycket i tillsynsförordningen (1 kap. 5 §). När det nya kapitaltäckningsregelverket för värdepappers- bolag införs bör definitionen i lagen ändras så att den i stället hänvisar till motsvarande definition i värdepappersbolagsförordningen.</P>
<P class="p606 ft2">Kortformerna värdepappersbolagsförordningen och, som <SPAN class="ft3">Lagrådet </SPAN>för- ordar, även värdepappersbolagsdirektivet bör införas i de lagar där det införs hänvisningar till de rättsakterna, dvs. i lagen om värdepappers- marknaden och tillsynslagen och, när det gäller värdepappersbolags- förordningen, även i lagen om resolution.</P>
<TABLE cellpadding=0 cellspacing=0 class="t89">
<TR>
<TD class="tr19 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr19 td24"><P class="p19 ft76">6.4</P></TD>
<TD class="tr19 td317"><P class="p18 ft18">Hänvisningsteknik</P></TD>
</TR>
<TR>
<TD class="tr8 td61"><P class="p18 ft9"> </P></TD>
<TD colspan=2 class="tr37 td318"><P class="p18 ft85"> </P></TD>
</TR>
<TR>
<TD class="tr16 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td320"><P class="p43 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Hänvisningar till <NOBR>EU-förordningar</NOBR> i de bestäm-</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">melser som föreslås ska vara dynamiska, dvs. avse förordningen i den</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">vid varje tidpunkt gällande lydelsen. Hänvisningar till <NOBR>EU-direktiv</NOBR> i de</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">bestämmelser som föreslås ska vara statiska, dvs. avse direktivet i en</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">viss angiven lydelse, om de ger lagtexten ett materiellt innehåll och i</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">övrigt vara dynamiska.</P></TD>
</TR>
<TR>
<TD class="tr40 td319"><P class="p18 ft88"> </P></TD>
<TD colspan=2 class="tr38 td321"><P class="p18 ft86"> </P></TD>
</TR>
<TR>
<TD class="tr3 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr3 td103"><P class="p35 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer delvis med regeringens förslag.</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">Enligt utredningens föreslag ska fler hänvisningar till <NOBR>EU-direktiv</NOBR> avse</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">direktivet i den vid varje tidpunkt gällande lydelsen.</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p35 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td24"><P class="p18 ft2">det.</P></TD>
<TD class="tr4 td317"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p35 ft2"><SPAN class="ft22">Skälen för regeringens förslag: </SPAN>Hänvisningar till <NOBR>EU-rättsakter</NOBR> kan</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">göras antingen statiska eller dynamiska. En statisk hänvisning innebär att</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">hänvisningen avser <NOBR>EU-rättsakten</NOBR> i en viss angiven lydelse. En dynamisk</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">hänvisning innebär att hänvisningen avser <NOBR>EU-rättsakten</NOBR> i den vid varje</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">tidpunkt gällande lydelsen.</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p35 ft2">Värdepappersbolagsförordningen innebär att det i svensk rätt måste</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">införas bestämmelser om den behöriga myndighetens utredningsbefogen-</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">heter och om sanktioner vid överträdelser av förordningen. I flera av de</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">bestämmelserna krävs det hänvisningar till förordningen. Vilka tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">och utredningsbefogenheter den behöriga myndigheten ska ha, liksom</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">vilken typ av ingripanden och storleken på de sanktionsavgifter som ska</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft31">kunna beslutas vid överträdelser av förordningen, anges detaljerat i förord-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">ningen. Handlingsutrymmet för medlemsstaterna när det gäller att införa</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">bestämmelser i nationell rätt är därmed begränsat. Hänvisningar till</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">förordningen i sådana bestämmelser bör göras för att ange vid vilka över-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">trädelser av förordningen som Finansinspektionen i egenskap av behörig</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">myndighet enligt förordningen får använda de befogenheter som</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">inspektionen föreslås få (se avsnitten 6.5 och 13.2). För att ändringar i</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">förordningen ska få omedelbart genomslag i lagen är det lämpligt att hän-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">visningar till förordningen görs dynamiska. För det fall att förordningens</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft31">bestämmelser skulle ändras vore det inte lämpligt att det uppstår oklarheter</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">när det gäller de befogenheter Finansinspektionen har för att utreda över-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">trädelser av förordningen. Hänvisningar till förordningen bör därför vara</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">dynamiska när det gäller bestämmelser om Finansinspektionens utred-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p594 ft2">132</P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">ningsbefogenheter och om administrativa sanktioner. Även i andra</P></TD>
</TR>
</TABLE>
</DIV>
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<P class="p329 ft2">bestämmelser som föreslås i denna proposition bör hänvisningarna till Prop. 2020/21:173 värdepappersbolagsförordningen vara dynamiska. Det är också den hän-</P>
<P class="p439 ft2">visningsteknik som regeringen ofta har använt i senare propositioner (se t.ex. prop. 2016/17:22 s. <NOBR>95–97</NOBR> och prop. 2018/19:83 s. 54 f.). Motsva- rande bör även gälla för hänvisningar till andra <NOBR>EU-förordningar</NOBR> i de bestämmelser som föreslås i propositionen.</P>
<P class="p438 ft2">När det gäller hänvisningar till <NOBR>EU-direktiv</NOBR> används däremot alltid en statisk hänvisningsteknik förutom i sådana fall då hänvisningen inte ger den svenska författningstexten materiellt innehåll, såsom rena upplys- ningsbestämmelser där hänvisningarna normalt är dynamiska. Så är fallet t.ex. i fråga om vissa hänvisningar till kapitaltäckningsdirektivet i lagen om värdepappersmarknaden (1 kap. 4 b §) och tillsynslagen (1 kap. 2 §). Det saknas mot denna bakgrund anledning att frångå denna praxis. Hänvis- ningar till värdepappersbolagsdirektivet och andra <NOBR>EU-direktiv</NOBR> i de bestämmelser som föreslås i denna proposition bör därför som huvudregel vara statiska.</P>
<P class="p607 ft18"><SPAN class="ft18">6.5</SPAN><SPAN class="ft19">Behörig myndighet</SPAN></P>
<P class="p608 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Finansinspektionen ska vara behörig myndighet enligt värdepappersbolagsförordningen.</P>
<P class="p609 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag. <SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot</P>
<P class="p14 ft2">det.</P>
<P class="p331 ft2"><SPAN class="ft22">Skälen för regeringens förslag: </SPAN>Enligt värdepappersbolagsdirektivet (artikel 4.1) ska medlemsstaterna utse en eller flera behöriga myndigheter som ska utföra de funktioner och åligganden som föreskrivs i direktivet och värdepappersbolagsförordningen. Medlemsstaterna ska även säker- ställa att de behöriga myndigheterna utövar tillsyn över verksamheten i värdepappersföretag och, i tillämpliga fall, värdepappersinriktade holding- företag och blandade finansiella holdingföretag för att bedöma efter- levnaden av kraven i direktivet och värdepappersbolagsförordningen (artikel 4.2 i värdepappersbolagsdirektivet). Finansinspektionen är i dag behörig myndighet enligt de nuvarande kapitaltäckningsreglerna och har därmed tillsyn över värdepappersbolag, kreditinstitut och de övriga nämnda företagstyperna. Regeringens anser därför att Finansinspektionen bör vara behörig myndighet även enligt värdepappersbolagsförordningen.</P>
<P class="p610 ft2">133</P>
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<TABLE cellpadding=0 cellspacing=0 class="t91">
<TR>
<TD class="tr7 td200"><P class="p139 ft2">Prop. 2020/21:173 <SPAN class="ft89">7</SPAN></P></TD>
<TD class="tr7 td322"><P class="p18 ft1">Tillämpningsområdet för det nya</P></TD>
</TR>
<TR>
<TD class="tr6 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr6 td322"><P class="p18 ft1">regelverket</P></TD>
</TR>
<TR>
<TD class="tr41 td200"><P class="p611 ft18">7.1</P></TD>
<TD class="tr41 td322"><P class="p18 ft18">Inledning</P></TD>
</TR>
</TABLE>
<P class="p612 ft31">Genom värdepappersbolagsdirektivet och värdepappersbolagsförord- ningen införs ett nytt kapitaltäckningsregelverk för värdepappersbolag. Vissa värdepappersbolag ska dock tillämpa tillsynsförordningen och en del av de bestämmelser som genomför kapitaltäckningsdirektivet. Detta gäller stora och systemviktiga värdepappersbolag och vissa värdepappers- bolag som ingår i en konsoliderad situation och därmed omfattas av tillsynsförordningens och kapitaltäckningsdirektivets krav på gruppnivå.</P>
<P class="p498 ft2">För närvarande kan svenska värdepappersbolag få tillstånd att ta emot kunders medel på konto. Detta är ett nationellt tillstånd som inte har någon motsvarighet i MiFID II, kapitaltäckningsdirektivet eller tillsynsförord- ningen. Inom <NOBR>EU-rätten</NOBR> är utgångspunkten i stället att tillstånd att ta emot medel på konto är förbehållet kreditinstitut. När värdepappersbolag och kreditinstitut nu kommer att regleras i två olika regelverk för kapital- täckning uppkommer det särskilda frågeställningar för svenska bolag med detta tillstånd. Även fondbolag och <NOBR>AIF-förvaltare</NOBR> omfattas till begränsad del av de nya reglerna.</P>
<P class="p562 ft2">I avsnitt 7 behandlas de lagändringar som behöver göras för att genom- föra värdepappersbolagsdirektivet och anpassa svensk rätt till värdepappers- bolagsförordningen när det gäller tillämpningsområdet. I avsnitt 7.2 be- handlas värdepappersbolag i allmänhet och i avsnitt 7.3 värdepappers- bolag med tillstånd att ta emot kunders medel på konto för att underlätta värdepappersrörelsen. Fondbolag och <NOBR>AIF-förvaltare</NOBR> behandlas i avsnitt 7.4.</P>
<P class="p613 ft18"><SPAN class="ft76">7.2</SPAN><SPAN class="ft19">Värdepappersbolag</SPAN></P>
<P class="p614 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>De värdepappersbolag som ska tillämpa tillsyns- förordningen ska i tillsynslagen definieras som kreditinstitut. Sådana värdepappersbolag ska tillämpa bestämmelserna om kapitaltäckning i lagen om bank- och finansieringsrörelse i stället för bestämmelserna i lagen om värdepappersmarknaden.</P>
<P class="p615 ft2">Finansinspektionen ska få besluta att tillsynsförordningen ska tillämpas för vissa värdepappersbolag vars konsoliderade tillgångar, beräknade som ett genomsnitt för den senaste sammanhängande tolvmånadersperioden, motsvarar minst fem miljarder euro, om</P>
<P class="p616 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft4">värdepappersbolagets verksamhet har en sådan omfattning att en systemrisk skulle kunna uppstå om bolaget fallerar eller hamnar i kris,</SPAN></P>
<P class="p617 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft4">värdepappersbolaget är clearingmedlem, eller</SPAN></P>
<P class="p616 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft4">Finansinspektionen anser att det är motiverat mot bakgrund av värdepappersbolagets verksamhet och dess storlek, art, omfattning och komplexitet, med beaktande av betydelsen för EES eller</SPAN></P>
<P class="p586 ft2">134</P>
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<P class="p618 ft31">Sveriges ekonomi, betydelsen av bolagets gränsöverskridande verk- samhet eller dess sammanlänkning med det finansiella systemet.</P>
<P class="p619 ft2">Finansinspektionen ska få upphäva ett sådant beslut och, i så fall, utan dröjsmål underrätta värdepappersbolaget om detta. Ett beslut ska även upphöra att gälla om värdepappersbolagets konsoliderade tillgångar sjunker till en nivå som under den senaste sammanhängande tolv- månadersperioden understiger motsvarande fem miljarder euro.</P>
<P class="p620 ft31">För värdepappersbolag som inte ska tillämpa tillsynsförordningen ska det med kapitalbas och startkapital i lagen om värdepappersmarknaden avses detsamma som i värdepappersbolagsförordningen.</P>
<P class="p621 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Regeln i värdepappersbolagsdirektivet om att behöriga myndigheter utan dröjsmål ska informera Europeiska bank- myndigheten om beslut i fråga om tillsynsförordningens tillämpning på systemviktiga värdepappersbolag bör genomföras i föreskrifter på förordningsnivå.</P>
<P class="p622 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag och bedömning. Utredningens förslag har dock en annan lagteknisk utform- ning.</P>
<P class="p105 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot det.</P>
<P class="p623 ft22">Skälen för regeringens förslag och bedömning</P>
<P class="p624 ft3">Värdepappersbolag som ska tillämpa tillsynsförordningen</P>
<P class="p625 ft2">Värdepappersbolagsförordningen är som huvudregel tillämplig på samt- liga värdepappersföretag (artikel 1.1). Det finns dock några undantag. Systemviktiga värdepappersföretag ska i stället tillämpa tillsynsförord- ningen och de nationella bestämmelser som genomför artiklarna <NOBR>49–144</NOBR> i kapitaltäckningsdirektivet i stället för motsvarande artiklar i värdepappers- bolagsdirektivet (artikel 1.2 i värdepappersbolagsförordningen och artikel 2.2 i värdepappersbolagsdirektivet, jfr skäl 9 i förordningen i fråga om termen systemviktig). Ett värdepappersföretag anses vara systemvik- tigt om det ägnar sig åt handel för egen räkning eller garantigivning för finansiella instrument (och inte är en s.k. råvaru- och utsläppsrätts- handlare, ett företag för kollektiva investeringar eller ett försäkrings- företag) och har tillgångar som uppgår till minst 15 miljarder euro, på bolags- eller koncernnivå (artikel 1.2 första stycket a och b i värdepappers- bolagsförordningen).</P>
<P class="p626 ft2">Den behöriga myndigheten kan även identifiera mindre värdepappers- företag som är systemviktiga och besluta att också dessa ska tillämpa det nuvarande kapitaltäckningsregelverket. Ett sådant beslut förutsätter att värdepappersföretaget driver verksamhet som omfattar handel för egen räkning eller garantigivning för finansiella instrument, företagets konsoli- derade tillgångar uppgår till minst fem miljarder euro och något av de särskilt angivna kriterierna i värdepappersbolagsdirektivet är uppfyllt, exempelvis att omfattningen av bolagets verksamhet är sådan att en systemrisk skulle uppstå om företaget fallerade eller hamnade i kris (artikel 1.2 första stycket c i värdepappersbolagsförordningen och artikel 5 i värdepappersbolagsdirektivet). Beräkningen av företagets konsoliderade</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">135</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_136">
<P class="p558 ft2">Prop. 2020/21:173 tillgångar görs som ett genomsnitt för den senaste sammanhängande</P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td217"><P class="p279 ft2">tolvmånadersperioden.</P></TD>
<TD class="tr5 td152"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td224"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p16 ft2">Vid sidan av systemviktiga värdepappersföretag har den behöriga</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">myndigheten även möjlighet att tillåta vissa värdepappersföretag som</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td243"><P class="p279 ft31">ingår i en företagsgrupp som står under gruppbaserad tillsyn enligt tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">förordningen att tillämpa den förordningen och de nationella bestäm-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td49"><P class="p279 ft2">melser</P></TD>
<TD class="tr4 td145"><P class="p18 ft2">som genomför</P></TD>
<TD class="tr4 td152"><P class="p18 ft2">artiklarna <NOBR>49–144</NOBR> i</P></TD>
<TD class="tr4 td224"><P class="p16 ft2">kapitaltäckningsdirektivet</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td243"><P class="p279 ft2">(skäl 12 och artikel 1.5 i värdepappersbolagsförordningen). Den behöriga</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft31">myndigheten får slutligen också besluta att små och <NOBR>icke-sammanlänkande</NOBR></P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">värdepappersföretag ska undantas från delar av värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td217"><P class="p279 ft2">förordningen (artikel 6.1).</P></TD>
<TD class="tr5 td152"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td224"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p16 ft2">Det följer direkt av värdepappersbolagsförordningen att den ska tilläm-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">pas på värdepappersföretag, med undantag för systemviktiga företag.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td243"><P class="p279 ft31">Några lagstiftningsåtgärder i detta avseende behövs därför inte. Likaså föl-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">jer det av förordningen att Finansinspektionen, i egenskap av behörig</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">myndighet, får tillåta vissa värdepappersbolag som ingår i en företags-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td243"><P class="p279 ft2">grupp som omfattas av gruppbaserad tillsyn i enlighet med tillsynsförord-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">ningen att i stället för de nya reglerna tillämpa tillsynsförordningen och de</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">bestämmelser som i svensk rätt genomför kapitaltäckningsdirektivet. Det</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td243"><P class="p279 ft2">krävs därmed inte heller några lagstiftningsåtgärder i det avseendet. Dock</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">bör sådana värdepappersbolag som ska tillämpa tillsynsförordningen</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td45"><P class="p279 ft2">definieras som kreditinstitut i tillsynslagen.</P></TD>
<TD class="tr4 td224"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td243"><P class="p16 ft2">Enligt värdepappersbolagsdirektivet (artikel 5) ska den behöriga myn-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">digheten under vissa förutsättningar få besluta att värdepappersföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">med konsoliderade tillgångar som uppgår till minst motsvarande fem</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td243"><P class="p279 ft2">miljarder euro ska tillämpa tillsynsförordningen och de bestämmelser i</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">nationell rätt som genomför delar av kapitaltäckningsdirektivet. En mot-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">svarande bestämmelse om att Finansinspektionen får fatta sådana beslut</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td243"><P class="p279 ft2">bör tas in i tillsynslagen. Ett företag som omfattas av ett sådant beslut blir</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">då, i konsekvens med den ändring av definitionen av kreditinstitut i</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft31">tillsynslagen som föreslås, ett kreditinstitut i tillsynslagens mening i stället</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td45"><P class="p279 ft2">för ett värdepappersbolag.</P></TD>
<TD class="tr5 td224"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p16 ft2">Finansinspektionen bör även få besluta ett sådant beslut inte längre ska</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">gälla. I så fall ska inspektionen utan dröjsmål informera värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td243"><P class="p279 ft2">bolaget i fråga om beslutet (artikel 5.4). Ett beslut upphör att gälla om</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft31">värdepappersbolagets konsoliderade tillgångar sjunker under motsvarande</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">fem miljarder euro. I värdepappersbolagsdirektivet (artikel 5.5) anges</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td243"><P class="p279 ft2">också att de behöriga myndigheterna utan dröjsmål ska informera Eba om</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">beslut som myndigheten fattat i enlighet med de ovan angivna reglerna.</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">En sådan underrättelseskyldighet för Finansinspektionen bör införas</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td45"><P class="p279 ft2">genom föreskrifter på förordningsnivå.</P></TD>
<TD class="tr5 td224"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p16 ft2">Som framgår ovan innebär värdepappersbolagsförordningen och värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft31">pappersbolagsdirektivet att vissa värdepappersföretag ska tillämpa samma</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td243"><P class="p279 ft31">kapitaltäckningsregler som kreditinstitut medan de allra flesta värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">bolag ska tillämpa det nya regelverket. Det betyder att flera bestämmelser i</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft31">tillsynslagen som i dag är gemensamma för kreditinstitut och värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td243"><P class="p279 ft2">bolag behöver ändras. De ändringar som är nödvändiga i detta avseende</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">behandlas bl.a. i avsnitten 9.3, 11.5, 11.7 och 13.4.1. I lagen om värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft31">pappersmarknaden bör det anges att de nu aktuella värdepappersbolagen ska</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td49"><P class="p279 ft2">tillämpa</P></TD>
<TD class="tr5 td145"><P class="p43 ft2">bestämmelserna</P></TD>
<TD class="tr5 td152"><P class="p32 ft2">om kapitaltäckning</P></TD>
<TD class="tr5 td224"><P class="p16 ft2">i lagen om bank- och</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p278 ft2">136</P></TD>
<TD colspan=4 class="tr4 td243"><P class="p279 ft2">finansieringsrörelse i stället för dem i lagen om värdepappersmarknaden.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_137">
<P class="p627 ft2">I lagen om värdepappersmarknaden är definitionerna av kapitalbas och Prop. 2020/21:173 startkapital (1 kap. 5 §) utformade som hänvisningar till bestämmelser i tillsynsförordningen. För värdepappersbolag som inte ska tillämpa till- synsförordningen bör det med kapitalbas och startkapital i den lagen</P>
<P class="p628 ft2">i stället avses detsamma som i värdepappersbolagsförordningen (artiklar- na 4.1.18 och 9).</P>
<TABLE cellpadding=0 cellspacing=0 class="t92">
<TR>
<TD class="tr32 td132"><P class="p269 ft18">7.3</P></TD>
<TD class="tr32 td323"><P class="p32 ft18">Värdepappersbolag med tillstånd att ta emot</P></TD>
<TD class="tr32 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr20 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td323"><P class="p629 ft18">kunders medel på konto för att underlätta</P></TD>
<TD class="tr20 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr20 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td323"><P class="p32 ft18">värdepappersrörelsen</P></TD>
<TD class="tr20 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr8 td324"><P class="p18 ft9"> </P></TD>
<TD class="tr9 td120"><P class="p18 ft11"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr16 td325"><P class="p73 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Värdepappersbolag bör även i fortsättningen</P></TD>
<TD class="tr16 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">ha möjlighet att ha tillstånd att ta emot kunders medel på konto för att</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">underlätta värdepappersrörelsen.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p630 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Värdepappersbolag som har tillstånd att ta</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">emot kunders medel på konto för att underlätta värdepappersrörelsen</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">ska i tillsynslagen inte längre anses som värdepappersbolag utan som</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">kreditinstitut.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p630 ft2">Sådana värdepappersbolag ska tillämpa bestämmelserna om kapital-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">täckning i lagen om bank- och finansieringsrörelse i stället för mot-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">svarande bestämmelser i lagen om värdepappersmarknaden. Sådana</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">bolag ska också tillämpa tillsynsförordningen.</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr39 td326"><P class="p18 ft87"> </P></TD>
<TD class="tr38 td120"><P class="p18 ft86"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr3 td327"><P class="p416 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens bedömning</P></TD>
<TD class="tr3 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">och förslag. Utredningens förslag har dock en annan lagteknisk utform-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td132"><P class="p18 ft2">ning.</P></TD>
<TD class="tr5 td323"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p416 ft2"><SPAN class="ft22">Remissinstanserna: </SPAN>Flertalet remissinstanser tillstyrker förslaget eller</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">har inget att invända mot det. <SPAN class="ft21">FAR </SPAN>och <SPAN class="ft21">Söderberg & Partners </SPAN>bedömer att</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">värdepappersbolag som har tillstånd att lämna kunder kredit men saknar</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">tillstånd att ta emot kunders medel på konto för att underlätta värde-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">pappersrörelsen bör tillämpa värdepappersbolagsförordningen och fram-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft31">håller att detta bör förtydligas i det fortsatta lagstiftningsarbetet. <SPAN class="ft21">Riksgälds-</SPAN></P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31"><SPAN class="ft21">kontoret </SPAN>anser att värdepappersbolag med tillstånd för att ta emot kunders</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">medel på konto och kreditgivning ska omfattas av tillsynsförordningen,</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">tillsynslagen, lagen (1995:1571) om insättningsgaranti och vissa av</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">rörelsereglerna i lagen om bank- och finansieringsrörelse. Riksgälds-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">kontoret anser vidare att de aktuella värdepappersbolagen bör omfattas av</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">bestämmelsen i lagen om bank- och finansieringsrörelse om att ett kredit-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">instituts system för hantering av uppgifter om insättare och deras insätt-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">ningar ska vara sådana att kreditinstitutet utan dröjsmål kan sammanställa</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">en fullständig och tillförlitlig förteckning över institutets samtliga insättare</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">och deras respektive insättningar (6 kap. 3 a §).</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr42 td327"><P class="p18 ft22">Skälen för regeringens bedömning och förslag</P></TD>
<TD class="tr42 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr20 td327"><P class="p18 ft3">Bakgrunden till nuvarande svenska regler</P></TD>
<TD class="tr20 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr20 td327"><P class="p18 ft31">Enligt svensk rätt kan ett värdepappersbolag få tillstånd att ta emot kunders</P></TD>
<TD class="tr20 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">medel på konto för att underlätta värdepappersrörelsen (2 kap. 2 § första</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td132"><P class="p18 ft2">stycket 8</P></TD>
<TD class="tr4 td323"><P class="p18 ft2">lagen om värdepappersmarknaden). Möjligheten att ta emot</P></TD>
<TD rowspan=2 class="tr33 td120"><P class="p16 ft2">137</P></TD>
</TR>
<TR>
<TD class="tr39 td132"><P class="p18 ft87"> </P></TD>
<TD class="tr39 td323"><P class="p18 ft87"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_138">
<P class="p558 ft2">Prop. 2020/21:173 kunders medel på konto är utformad som en sidotjänst och tillstånd får ges</P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">bara tillsammans med tillstånd för sidotjänsten att lämna kunder kredit för</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">att kunden, genom värdepappersbolaget, ska kunna genomföra en trans-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">aktion i ett eller flera finansiella instrument (2 kap. 2 § andra stycket). Att</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">ta emot kunders medel på konto är dock ingen sidotjänst enligt MiFID II</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">(se avsnitt B i bilaga II till direktivet), där utgångspunkten tvärtom är att</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">ett värdepappersföretag måste hålla kunders medel avskilda (artikel 16.9).</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft31">Det är i stället fråga om en sidotjänst enligt svensk nationell rätt. Den svenska</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">regleringen är utformad så att de krav som ställs på startkapital för</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">värdepappersbolag med tillstånd för denna sidotjänst är desamma som</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft31">dem som ställs på kreditinstitut (3 kap. 6 § första stycket 1 lagen om värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">pappersmarknaden).</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p380 ft2">Möjligheten för värdepappersbolag att ta emot kunders medel på konto</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">har funnits i svensk rätt åtminstone sedan <NOBR>1970-talet.</NOBR> När svensk rätt</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">började anpassas till den gemenskapsrättsliga regleringen på området</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">uppmärksammades avvikelsen mot både MiFID och dess föregångare</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">(rådets direktiv 93/22/EEG av den 10 maj 1993 om investeringstjänster</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">inom värdepappersområdet). Enligt förarbetena till de lagändringar som</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">gjordes för att anpassa svensk rätt till den <NOBR>EU-rättsliga</NOBR> regleringen var</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">dock möjligheten för värdepappersbolagens kunder att använda sig av</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">konton hos bolagen av stor betydelse för de svenska värdepappersbolagen</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">och möjligheten att hålla sådana konton har därför behållits (prop.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">1994/95:50 s. <NOBR>97–99</NOBR> och prop. 2006/07:115 s. 326). I den förstnämnda</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">propositionen behandlades utförligt frågan om värdepappersbolagens</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">möjlighet att ta emot medel på konto i förhållande till den <NOBR>EU-rättsliga</NOBR></P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft31">regleringen av kreditinstitut. Det konstaterades att ”någon allmängiltig och</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">sammanhållen definition av begreppet kreditinstitut inte finns i svensk</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">lagstiftning. Begreppet definieras i stället i de olika lagar där det används</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">utifrån regleringens ändamål” (prop. 1994/95:50 s. 101). Den definition av</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">kreditinstitut som man då hade att förhålla sig till fanns i rådets första</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">direktiv 77/780/EEG av den 12 december 1977 om samordning av lagar</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">och andra författningar om rätten att starta och driva verksamhet i</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">kreditinstitut. Enligt det direktivet var ett kreditinstitut ”ett företag vars</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">verksamhet består i att från allmänheten ta emot insättningar eller andra</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">återbetalbara medel och att bevilja krediter för egen räkning”, dvs. i sak</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">samma definition av kreditinstitut som i dagens tillsynsförordning. Lag-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">stiftaren konstaterade då att det skulle innebära flera nackdelar om värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft31">pappersbolagen inte längre skulle kunna ta emot medel på konto. Det skulle</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">innebära betydande störningar och svårigheter för bolagen av såväl finan-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">siellt som praktiskt slag. Det skulle också kunna leda till att bolagen skulle</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">komma att överväga att byta verksamhetsform och söka tillstånd att</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">bedriva rörelsen i bankform (dvs. utan de begränsningar i inlånings- och</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">kreditgivningsverksamheten som följer av regelverket för värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">bolag). Slutsatsen blev att utformningen av regleringen skulle ske på ett</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">sätt som beaktade den svenska marknadens särskilda förhållanden. Enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">samma förarbeten skulle detta kunna uppnås om det för värdepappersbolag</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">som bedrev sådan verksamhet infördes regler som uppfyllde kraven för</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">kreditinstitut i europarättslig mening. Bolagen i fråga skulle då ”bli att anse</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">som kreditinstitut enligt <NOBR>EG-direktiven”.</NOBR> En av de anpassningar som gjordes</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">var att höja kravet på startkapital för dessa bolag, och det framhölls att</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p278 ft2">138</P></TD>
<TD class="tr4 td243"><P class="p279 ft2">bolagen skulle anmälas för införande på den gällande listan över företag</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_139">
<P class="p329 ft2">som i de olika länderna klassificeras som kreditinstitut (samma prop. Prop. 2020/21:173 s. 99 f.).</P>
<P class="p577 ft3">Behoven i dag av att kunna ta emot kunders medel på konto</P>
<P class="p631 ft2">Det finns i dag fyra värdepappersbolag som har tillstånd för att ta emot kunders medel på konto för att underlätta värdepappersrörelsen. Vissa av dessa bolag har uttryckt att den möjligheten fyller en viktig funktion och är en förutsättning för att på ett effektivt sätt hantera kunders depåer och värdepapperstransaktioner över depåerna, i synnerhet när kunderna har kredit för värdepappershandel (SOU 2020:12 s. 49). Krediterna lämnas på de konton som är kopplade till kundernas depåer, och medlen på kontona utgör en av finansieringskällorna för kreditgivningen. Om bolagen inte längre skulle kunna tillhandahålla sidotjänsten ta emot kunders medel på konto skulle denna del av verksamheten behöva organiseras om i grunden, både när det gäller den praktiska hanteringen och finansieringen. Även vid primärmarknadstransaktioner – när bolaget är emissionsinstitut och bolagets kunder tecknar sig i emissionen – underlättar sådana konton verk- samheten eftersom medlen på dem då kan användas för bolagets lik- viditetshantering. Möjligheten att ta emot kunders medel på konto och lämna kunder kredit innebär att bolagens verksamhet avseende handel med värde- papper över depå kan konkurrera med bankernas motsvarande verksamhet. Om det inte längre skulle vara möjligt ta emot kunders medel på konto skulle hanteringen och finansieringen försvåras, vilket i sin tur skulle riskera att försämra konkurrensen. Några av de berörda värdepappers- bolagen framförde till utredningen att de skulle överväga att ansöka om tillstånd som bank om den möjligheten inte längre skulle finnas. Behoven av att värdepappersbolag har möjlighet att ta emot kunders medel på konto synes således vara desamma som i tidigare lagstiftningsärenden, och så även konsekvenserna av att möjligheten togs bort.</P>
<P class="p632 ft3">Sidotjänsten ta emot kunders medel på konto i förhållande till de nya kapitaltäckningsreglerna</P>
<TABLE cellpadding=0 cellspacing=0 class="t93">
<TR>
<TD colspan=2 class="tr2 td316"><P class="p18 ft2">Värdepappersbolag med tillstånd att ta emot kunders medel på konto faller</P></TD>
<TD class="tr2 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td316"><P class="p18 ft2">inom tillsynsförordningens definition av kreditinstitut (artikel 4.1.1 första</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td316"><P class="p18 ft2">stycket a). För att värdepappersbolag ska kunna ha ett sådant tillstånd bör</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft2">det därför</P></TD>
<TD class="tr4 td328"><P class="p267 ft2">förutsättas att tillsynsförordningen, liksom i dag, tillämpas på</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td316"><P class="p18 ft2">bolagen. Frågan om dessa värdepappersbolag omfattas av tillsynsför-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td316"><P class="p18 ft2">ordningen har tidigare inte vållat något problem eftersom förordningen,</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td316"><P class="p18 ft2">genom definitionen av institut, varit tillämplig på både kreditinstitut och</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td316"><P class="p18 ft2">värdepappersföretag (artiklarna 1.1 och 4.3). Frågan kompliceras dock på</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td316"><P class="p18 ft2">grund av de ändringar i tillsynsförordningen som har gjorts genom värde-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td316"><P class="p18 ft2">pappersbolagsförordningen (artikel 62). I tillsynsförordningen definieras</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td316"><P class="p18 ft2">institut nu som ”ett kreditinstitut som har auktoriserats enligt artikel 8 i</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td316"><P class="p18 ft2">kapitaltäckningsdirektivet eller ett företag som avses i artikel 8a.3 i det</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td316"><P class="p18 ft2">direktivet”. Tillstånd att ta emot kunders medel på konto ges enligt lagen om</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td316"><P class="p18 ft2">värdepappersmarknaden medan reglerna i kapitaltäckningsdirektivet i</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td316"><P class="p18 ft2">svensk rätt har genomförts genom bestämmelser i lagen om bank- och</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td316"><P class="p18 ft2">finansieringsrörelse. Det går alltså inte att säga att värdepappersbolagen i</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft2">fråga har</P></TD>
<TD class="tr4 td328"><P class="p267 ft2">auktoriserats enligt kapitaltäckningsdirektivet. Tillsyns-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td316"><P class="p18 ft2">förordningen är därmed inte tillämplig. Om man vill behålla möjligheten</P></TD>
<TD rowspan=2 class="tr19 td80"><P class="p16 ft2">139</P></TD>
</TR>
<TR>
<TD class="tr12 td24"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td328"><P class="p18 ft14"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_140">
<P class="p558 ft2">Prop. 2020/21:173 för värdepappersbolag att ta emot kunders medel på konto, bör det därför</P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">enligt svensk rätt gälla att tillsynsförordningen ska tillämpas för dessa</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">bolag.</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p380 ft31">Ett alternativ är att ta bort möjligheten för värdepappersbolag att ta emot</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">kunders medel på konto. Det kan ifrågasättas om det är rimligt att ett</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">företag som huvudsakligen ägnar sig åt värdepappersrörelse ska följa de</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">kapitaltäckningsregler som primärt är avsedda för en helt annan typ av</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">företag (banker) bara för att företaget tar emot kunders medel på konto</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">i stället för att använda klientmedelskonton för att hantera kunders transak-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">tioner. Det kan även ifrågasättas om det är förenligt med <NOBR>EU-rätten.</NOBR></P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p380 ft2">Från principiella utgångspunkter kan man konstatera att de nya kapital-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">täckningsreglerna för värdepappersbolag är utformade för just den typ av</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">verksamhet som värdepappersbolag ägnar sig åt. Exempelvis beror kraven</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">på kapitalbasens storlek på faktorer såsom förvaltat kapital, omfattningen</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">av kundorder och daglig handelsvolym. Om ett värdepappersbolag som tar</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">emot kunders medel på konto tillämpade tillsynsförordningen i stället för</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">värdepappersbolagsförordningen skulle dessa, för värdepappersbolagens</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">verksamhet specialanpassade krav, inte gälla för bolaget. Å andra sidan</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">uppstår en likartad situation för de banker som har tillstånd för värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">pappersrörelse. Bankerna kommer även i fortsättningen att omfattas av</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">kapitaltäckningsreglerna för kreditinstitut oavsett hur omfattande värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">pappersrörelsen är i förhållande till den traditionella bankverksamheten.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">Principiellt bör det inte göras någon åtskillnad mellan en bank som huvud-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">sakligen ägnar sig åt värdepappersrörelse och ett värdepappersbolag som tar</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">emot kunders medel på konto. Avgörande är att båda företagen tar emot</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">inlåning från allmänheten och kapitaltäckningsreglerna för kreditinstitut är</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">utformade bl.a. för att säkerställa att kunderna får tillbaka sina pengar. Det</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">är därför relevant att tillämpa reglerna både på banker och på värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">pappersbolag med tillstånd att ta emot kunders medel på konto. Man kan</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">också konstatera att enligt de nya kapitaltäckningsreglerna ska reglerna för</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">kreditinstitut tillämpas på värdepappersbolag som har en viss storlek och på</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">bolag som den behöriga myndigheten anser systemviktiga (avsnitt 7.2).</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2"><NOBR>EU-regleringen</NOBR> utgår således från att det i vissa fall är lämpligt att tillämpa</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">reglerna för kreditinstitut även på värdepappersbolag.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p380 ft2">Det finns således varken några principiella eller <NOBR>EU-rättsliga</NOBR> hinder mot</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">att det i svensk rätt även i fortsättningen ska vara möjligt för ett värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">pappersbolag att få tillstånd att ta emot kunders medel på konto, förutsatt</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">att bolagen tillämpar tillsynsförordningen och omfattas av samma regler i</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">kapitaltäckningsdirektivet (artiklarna <NOBR>49–144)</NOBR> som ska gälla för värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">pappersbolag som avses i artikel 1.2 och 1.5 i värdepappersbolagsförord-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">ningen (se avsnitt 7.2). Detta kommer att innebära stora skillnader mellan</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">värdepappersbolag som tar emot kunders medel på konto och värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">pappersbolag som tar emot medel med redovisningsskyldighet. Den förra</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">kategorin ska tillämpa de nuvarande reglerna i tillsynsförordningen medan</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">den senare kategorin ska tillämpa de nya reglerna i värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">förordningen. Det är möjligt att värdepappersbolag som i dag har tillstånd</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft31">att ta emot kunders medel på konto av den anledningen väljer att avstå från</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">detta tillstånd och i stället, om de inte redan har det, ansöker om tillstånd</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">för att ta emot medel med redovisningsskyldighet (2 kap. 2 § första</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">stycket 1 lagen om värdepappersmarknaden). Detta är dock i så fall en</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p278 ft2">140</P></TD>
<TD class="tr4 td243"><P class="p279 ft2">fråga som varje berört bolag får ta ställning till.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_141">
<DIV>
<DIV id="id_1">
<P class="p103 ft2">Möjligheten för värdepappersbolag att ha tillstånd för att ta emot kunders medel på konto för att underlätta värdepappersrörelsen bör alltså finnas kvar i sin nuvarande form, vilket innebär att sådana bolag även måste ha tillstånd att lämna kredit till kunder (2 kap. 2 § andra stycket lagen om värdepappersmarknaden). Som anförs ovan bör sådana värde- pappersbolag fortsätta att tillämpa det nuvarande kapitaltäcknings- regelverket. Det innebär att tillsynsförordningen bör tillämpas på dessa värdepappersbolag. I tillsynslagen bör definitionerna ändras så att sådana värdepappersbolag inte längre definieras som värdepappersbolag i den lagen utan som kreditinstitut. För sådana värdepappersbolag bör bestäm- melserna om styrning och kontroll i lagen om bank- och finansierings- rörelse tillämpas i stället för motsvarande bestämmelser i lagen om värde- pappersmarknaden.</P>
<P class="p626 ft2">Möjligheten för ett värdepappersbolag att ta emot kunders medel på konto kommer även i fortsättningen att vara en sidotjänst som regleras i nationell svensk rätt och inte i det regelverk som gäller på <NOBR>EU-nivå.</NOBR> Det kan påverka möjligheterna för värdepappersbolag att tillhandahålla den sidotjänsten i andra länder inom EES.</P>
<P class="p633 ft3">Värdepappersbolag med tillstånd att lämna kunder kredit men inte för att ta emot kunders medel på konto</P>
<P class="p634 ft2"><SPAN class="ft3">FAR </SPAN>och <SPAN class="ft3">Söderberg & Partners </SPAN>bedömer att värdepappersbolag som har tillstånd att lämna kunder kredit men inte även har tillstånd att ta emot kunders medel på konto bör tillämpa värdepappersbolagsförordningen, men framhåller att detta bör förtydligas i det fortsatta lagstiftningsarbetet. Regeringen konstaterar att tillstånd att lämna kunder kredit för att kunden, genom värdepappersbolaget, ska kunna genomföra en transaktion i ett eller flera finansiella instrument (2 kap. 2 § första stycket 2 lagen om värde- pappersmarknaden) avser en sidotjänst enligt MiFID II (punkt 2 i avsnitt B i bilaga II till direktivet). Någon särreglering i fråga om sådana värde- pappersbolag finns inte. Det följer därmed direkt av värdepappersbolags- förordningen att den förordningen gäller för sådana värdepappersbolag (artikel 1.1).</P>
<P class="p148 ft3">Lagen om insättningsgaranti</P>
<P class="p635 ft2"><SPAN class="ft3">Riksgäldskontoret </SPAN>anser att värdepappersbolag med tillstånd att ta emot kunders medel på konto bör omfattas av lagen om insättningsgaranti. Det kan konstateras att sådana värdepappersbolag i dag omfattas av den lagen (se t.ex. 1 § och definitionen av institut i 2 §) och att det i detta lagstift- ningsärende inte föreslås några ändringar i det avseendet.</P>
<P class="p316 ft3">System för hantering av uppgifter om kunder och deras insättningar</P>
<P class="p636 ft31"><SPAN class="ft21">Riksgäldskontoret </SPAN>anser att värdepappersbolag med tillstånd att ta emot kunders medel på konto och att lämna kunder kredit bör omfattas av bestämmelsen i lagen om bank- och finansieringsrörelse om att ett kreditinstituts system för hantering av uppgifter om insättare och deras insättningar ska vara sådana att kreditinstitutet utan dröjsmål kan samman- ställa en fullständig och tillförlitlig förteckning över institutets samtliga insättare och deras respektive insättningar (6 kap. 3 a §). Enligt lagen om värdepappersmarknaden gäller motsvarande krav för värdepappersbolag</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">141</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_142">
<DIV id="p142dimg1">
<INGENBILD zsrc="H803173142x1.jpg/" id="p142img1">
</DIV>
<P class="p637 ft2">Prop. 2020/21:173 med tillstånd att ta emot medel på konto (9 kap. 42 § första stycket). Regeringen anser att för värdepappersbolag bör den bestämmelsen gälla även i fortsättningen.</P>
<P class="p638 ft18"><SPAN class="ft76">7.4</SPAN><SPAN class="ft19">Fondbolag och </SPAN><NOBR>AIF-förvaltare</NOBR></P>
<P class="p639 ft31"><SPAN class="ft35">Regeringens förslag: </SPAN>Bestämmelserna om kapitalbaskrav baserat på fasta omkostnader i lagen om värdepappersfonder och lagen om för- valtare av alternativa investeringsfonder ska ersättas med en hänvisning till motsvarande bestämmelser i värdepappersbolagsförordningen.</P>
<P class="p640 ft2">Bestämmelsen i lagen om förvaltare av alternativa investeringsfonder om vilka värdepappersföretag som får vara förvaringsinstitut för EES- baserade alternativa investeringsfonder ska kompletteras med en hän- visning till kapitalbaskraven i värdepappersbolagsförordningen.</P>
<P class="p640 ft2">En rättelse i lagen om förvaltare av alternativa investeringsfonder ska göras.</P>
<P class="p641 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer delvis med regeringens förslag. Utredningen föreslår att hänvisningen till kapitalbaskraven i tillsyns- förordningen i bestämmelsen i lagen om förvaltare av alternativa investe- ringsfonder om förvaringsinstitut för <NOBR>EES-baserade</NOBR> alternativa investe- ringsfonder ska ersättas med en hänvisning till motsvarande krav i värde- pappersbolagsförordningen. Utredningen föreslår inte någon rättelse i lagen om förvaltare av alternativa investeringsfonder.</P>
<P class="p642 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot det.</P>
<P class="p643 ft22">Skälen för regeringens förslag</P>
<P class="p644 ft3">Bestämmelserna om kapitalbaskrav</P>
<P class="p645 ft2">Genom värdepappersbolagsdirektivet (artiklarna 60 och 61) har det gjorts ändringar i Europaparlamentets och rådets direktiv 2009/65/EG av den 13 juli 2009 om samordning av lagar och andra författningar som avser företag för kollektiva investeringar i överlåtbara värdepapper (fondföretag), i det följande benämnt <NOBR>UCITS-direktivet,</NOBR> respektive i Europaparlamentets och rådets direktiv 2011/61/EU av den 8 juni 2011 om förvaltare av alternativa investeringsfonder samt om ändring av direktiv 2003/41/EG och 2009/65/EG och förordningarna (EG) nr 1060/2009 och (EU) nr 1095/2010, i det följande benämnt <NOBR>AIFM-direk-</NOBR> tivet.</P>
<P class="p646 ft2">De ändringar som har gjorts avser kraven på eget kapital under ett förvaltningsbolags (benämns fondbolag i svensk rätt när det är svenska bolag) respektive förvaltares av alternativa investeringsfonder (AIF- förvaltares) pågående verksamhet (artikel 7.1 a iii i <NOBR>UCITS-direktivet</NOBR> och artikel 9.5 i <NOBR>AIFM-direktivet).</NOBR> Det rör sig inte om några ändringar i sak utan bara om att det, beträffande den nedre gränsen för det egna kapitalet för fondbolag respektive <NOBR>AIF-förvaltare,</NOBR> hänvisas till värdepappersbolags- förordningen (artikel 13) i stället för till Europaparlamentets och rådets</P>
<P class="p647 ft2">direktiv 2006/49/EG av den 14 juni 2006 om kapitalkrav för värde-</P>
<P class="p155 ft2">142</P>
</DIV>
<DIV id="page_143">
<P class="p14 ft2">pappersföretag och kreditinstitut (artikel 21). Den nedre gränsen motsvarar Prop. 2020/21:173 även efter ändringen en fjärdedel av bolagets fasta omkostnader.</P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr4 td316"><P class="p39 ft2">I svensk rätt har de nu aktuella reglerna i <NOBR>UCITS-direktivet</NOBR> och AIFM-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">direktivet genomförts i bestämmelser i lagen (2004:46) om värdepappers-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">fonder och lagen (2013:561) om förvaltare av alternativa investeringsfonder</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">om att fondbolagets respektive <NOBR>AIF-förvaltarens</NOBR> egna medel, oavsett vad</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">som följer av de företagsspecifika kraven, inte får ”understiga ett belopp</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">som motsvarar 25 procent av bolagets fasta omkostnader” (2 kap. 10 §</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">första stycket lagen om värdepappersfonder och 7 kap. 4 § första stycket</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">lagen om förvaltare av alternativa investeringsfonder). I dessa bestäm-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">melser anges dels att Finansinspektionen får besluta om ändring av kapital-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">kravet om fondbolagets eller <NOBR>AIF-förvaltarens</NOBR> verksamhet har ändrats väsent-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">ligt, dels vilket räkenskapsår som ska användas för beräkningen av de fasta</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">omkostnaderna. Det motsvarar det som anges i fråga om värdepappers-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">företag i bestämmelserna i värdepappersbolagsförordningen.</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p39 ft2">Den svenska fondlagstiftningen överensstämmer alltså i sak med det</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">som ska gälla enligt <NOBR>UCITS-direktivet</NOBR> och <NOBR>AIFM-direktivet</NOBR> genom</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">hänvisningarna i de direktiven till värdepappersbolagsförordningen. Det</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">skulle dock innebära nackdelar om det i svensk lag skulle finnas materiella</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">bestämmelser med samma innebörd som bestämmelser i en direktverkan-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">de <NOBR>EU-förordning</NOBR> som det hänvisas till i de båda direktiven, i synnerhet</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">när bestämmelserna i <NOBR>EU-förordningen,</NOBR> som i detta fall, kompletteras av</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">detaljerade bestämmelser i rättsakter som antas av kommissionen (se</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">artikel 13.4 i värdepappersbolagsförordningen). I de nu aktuella bestäm-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">melserna i lagen om värdepappersfonder och lagen om förvaltare av</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">alternativa investeringsfonder bör därför de nuvarande materiella</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">bestämmelserna ersättas med hänvisningar till motsvarande bestämmelser</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">i värdepappersbolagsförordningen.</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td316"><P class="p18 ft3">Bestämmelserna om förvaringsinstitut</P></TD>
<TD class="tr18 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr20 td316"><P class="p18 ft2">Värdepappersföretag som ska vara förvaringsinstitut för <NOBR>EES-baserade</NOBR></P></TD>
<TD class="tr20 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">alternativa investeringsfonder måste enlig en hänvisning till tillsynsförord-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">ningen i nuvarande bestämmelser i lagen om förvaltare av alternativa</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">investeringsfonder omfattas av kapitalbaskraven i den förordningen</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">(9 kap. 4 § första stycket 2 b). Utredningen föreslår att hänvisningen ska</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">ersättas med en hänvisning till kapitalbaskraven i värdepappersbolagsför-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">ordningen. Kapitalbaskraven i värdepappersbolagsförordningen kommer</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">att gälla för de allra flesta värdepappersföretag (se avsnitt 7.2). Hän-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">visningen till motsvarande krav i tillsynsförordningen är dock fortfarande</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">relevant för de företag som ska fortsätta att tillämpa den förordningen.</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">Hänvisningen till tillsynsförordningen bör därför inte tas bort utan i stället</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">kompletteras med en hänvisning till kapitalbaskraven i värdepappers-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">bolagsförordningen.</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr22 td316"><P class="p18 ft3">Rättelse i lagen om förvaltare om alternativa investeringsfonder</P></TD>
<TD class="tr22 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr3 td316"><P class="p18 ft2">Beteckningen på bestämmelsen i tillsynslagen om behörig myndighet</P></TD>
<TD class="tr3 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">enligt tillsynsförordningen ändrades den 29 december 2020 från 1 kap. 6 §</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">till 1 kap. 4 § (prop. 2020/21:36, bet. 2020/21:FiU37, rskr. 2020/21:116,</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">SFS 2020:1213). I det lagstiftningsärendet gjordes det inte någon följd-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">ändring av den hänvisning till den bestämmelsen som finns i 1 kap. 10 § 1</P></TD>
<TD rowspan=2 class="tr6 td80"><P class="p16 ft2">143</P></TD>
</TR>
<TR>
<TD class="tr43 td316"><P class="p18 ft90"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_144">
<DIV id="p144dimg1">
<INGENBILD zsrc="H803173144x1.jpg/" id="p144img1">
</DIV>
<P class="p473 ft2">Prop. 2020/21:173 lagen om förvaltare av alternativa investeringsfonder. En sådan ändring bör därför göras nu.</P>
<P class="p648 ft1"><SPAN class="ft1">8</SPAN><SPAN class="ft80">Startkapital och kapitalkrav under pågående verksamhet</SPAN></P>
<P class="p649 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Bestämmelserna i lagen om värdepappersmark- naden ska ändras så att</P>
<P class="p616 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft4">värdepappersbolag med tillstånd för handel för egen räkning eller garantigivning avseende finansiella instrument och placering av finansiella instrument med ett fast åtagande ska ha ett startkapital som motsvarar minst 750 000 euro,</SPAN></P>
<P class="p650 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft4">värdepappersbolag som har tillstånd för att ta emot och vidare- befordra order, utföra order på kunders uppdrag, portföljförvaltning, investeringsrådgivning eller placering av finansiella instrument utan fast åtagande och som inte har tillstånd att förvara kunders finan- siella instrument eller ta emot medel med redovisningsskyldighet, ska ha ett startkapital som motsvarar minst 75 000 euro, och</SPAN></P>
<P class="p651 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft4">övriga värdepappersbolag, inklusive bolag med tillstånd för drift av </SPAN><NOBR>MTF-plattformar,</NOBR> ska ha ett startkapital som motsvarar minst 150 000 euro.</P>
<P class="p614 ft2">Det ska förtydligas att kravet på startkapital gäller vid tidpunkten för beslut om tillstånd att driva värdepappersrörelse.</P>
<P class="p652 ft2">Möjligheten för vissa värdepappersbolag att i stället för ett visst start- kapital ha en ansvarsförsäkring eller garanti eller en kombination av startkapital och ansvarsförsäkring eller garanti ska tas bort.</P>
<P class="p652 ft2">Startkapitalet för värdepappersbolag som inte har tillstånd att ta emot inlåning ska bestå av de poster som anges i artikel 9 i värdepappers- bolagsförordningen. För värdepappersbolag som har tillstånd att ta emot kunders medel på konto för att underlätta värdepappersrörelsen ska startkapitalet bestå av de poster som anges i artikel 72 i tillsyns- förordningen.</P>
<P class="p615 ft2">Bestämmelserna i lagen om värdepappersmarknaden om stora expo- neringar ska tas bort. I den lagen ska det införas upplysnings- bestämmelser om att det i värdepappersbolagsförordningen finns bestämmelser om kapitaltäckning och begränsningar i ett värdepappers- bolags möjligheter att inneha viss egendom.</P>
<P class="p652 ft2">Bestämmelserna i lagen om förvaltare av alternativa investerings- fonder om vilka värdepappersföretag som får vara förvaringsinstitut för <NOBR>EES-baserade</NOBR> alternativa investeringsfonder ska ändras så att de hän- visar till krav på startkapital i värdepappersbolagsdirektivet i stället för till motsvarande krav i kapitaltäckningsdirektivet.</P>
<P class="p653 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag. <SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot</P>
<P class="p540 ft66">det.</P>
<P class="p102 ft2">144</P>
</DIV>
<DIV id="page_145">
<TABLE cellpadding=0 cellspacing=0 class="t94">
<TR>
<TD class="tr5 td81"><P class="p18 ft22">Skälen för regeringens förslag</P></TD>
<TD class="tr5 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
</TABLE>
<P class="p654 ft3">Nya regler om startkapital för värdepappersbolag</P>
<P class="p655 ft2">Värdepappersbolagsdirektivet innehåller nya regler om det startkapital som ett värdepappersföretag ska ha (artikel 9). Reglerna är, som i dag i kapital- täckningsdirektivet (artiklarna <NOBR>28–31),</NOBR> strukturerade så att det ställs olika krav på startkapitalets storlek beroende på värdepappersföretagets verk- samhet.</P>
<P class="p656 ft3">Kravet på startkapital gäller vid tidpunkten för beslut om tillstånd att driva värdepappersrörelse</P>
<P class="p655 ft2">Ett värdepappersföretag ska såväl enligt MiFID II (artikel 15) som värde- pappersbolagsdirektivet (artikel 9) ha ett visst startkapital för att få till- stånd. I lagen om värdepappersmarknaden är kravet utformat som att ett värdepappersbolag när verksamheten påbörjas ska ha ett startkapital som vid tidpunkten för beslut om tillstånd motsvarar ett visst belopp (3 kap. 6 § första stycket). Detta kan ge intryck av att beskriva två olika tidpunkter: dels tidpunkten då verksamheten påbörjas, dels tidpunkten för beslutet om tillstånd. För att undvika missförstånd bör bestämmelsen förtydligas så att det klart framgår att det är vid tidpunkten för beslutet om tillstånd att driva värdepappersrörelse som kravet gäller.</P>
<P class="p657 ft3">Startkapital som motsvarar minst 5 000 000 euro</P>
<P class="p655 ft2">För värdepappersbolag som har tillstånd att ta emot kunders medel på konto för att underlätta värdepappersrörelsen, dvs. ett tillstånd som inte har sin grund i MiFID II (se avsnitt 7.3), innebär värdepappersbolags- direktivet ingen ändring. De ska enligt lagen om värdepappersmarknaden ha ett startkapital som motsvarar minst fem miljoner euro (3 kap. 6 § första stycket 1).</P>
<P class="p658 ft3">Startkapital som motsvarar minst 750 000 euro</P>
<P class="p659 ft31">Enligt värdepappersbolagsdirektivet ska kravet på startkapital för värde- pappersföretag med tillstånd för handel för egen räkning och för garanti- verksamhet för finansiella instrument eller placering av finansiella instrument på grundval av ett fast åtagande vara minst 750 000 euro (artikel 9.1). Det nuvarande minimibeloppet 730 000 euro för värdepappersbolag med mot- svarande tillstånd enligt svensk rätt bör därför höjas till 750 000 euro.</P>
<P class="p486 ft2">Värdepappersföretag med tillstånd för drift av en <NOBR>OTF-plattform</NOBR> och handel för egen räkning utgör enligt direktivet en egen kategori och start- kapitalet för sådana företag ska uppgå till minst 750 000 euro (artikel 9.4). För att utföra investeringsverksamheten handel för egen räkning krävs till- stånd (2 kap. 1 § 3 lagen om värdepappersmarknaden) och det är först om ett värdepappersbolag har ett sådant tillstånd som bolaget får handla för egen räkning på en <NOBR>OTF-plattform</NOBR> (med de begränsningar som följer av 11 kap. 2 b § andra stycket samma lag). Det innebär att ett värdepappers- bolag som driver en <NOBR>OTF-plattform</NOBR> måste, för att få bedriva matchad prin- cipalhandel på plattformen, ha tillstånd för handel för egen räkning, vilket i sin tur innebär att bolagen hamnar i den kategori bolag för vilka det högsta kravet på startkapital gäller, i dagsläget 730 000 euro. De nu aktuel-</P>
<P class="p660 ft2">145</P>
</DIV>
<DIV id="page_146">
<P class="p473 ft2">Prop. 2020/21:173 la reglerna i värdepappersbolagsdirektivet kräver därmed ingen ytterligare ändring än den höjning av minibeloppet som föreslås ovan.</P>
<P class="p661 ft3">Startkapital som motsvarar minst 75 000 euro</P>
<P class="p662 ft2">Enligt värdepappersbolagsdirektivet ska minst 75 000 euro i startkapital krävas för att värdepappersföretag som inte får inneha kundmedel eller värdepapper ska få tillstånd för mottagande och vidarebefordrande av order beträffande ett eller flera finansiella instrument, för utförande order på kunders uppdrag, för portföljförvaltning, för investeringsrådgivning och för placering av finansiella instrument utan fast åtagande (artikel 9.2). I lagen om värdepappersmarknaden bör det nuvarande minimibeloppet 50 000 euro beträffande tillstånden mottagande och vidarebefordrande av order samt investeringsrådgivning därför höjas till 75 000 euro (3 kap. 6 § första stycket 4). För de övriga tre tillstånden är minimibeloppet i dag 125 000 euro (3 kap. 6 § första stycket 3 samma lag), och det bör därför ändras till 75 000 euro.</P>
<P class="p663 ft3">Startkapital som motsvarar minst 150 000 euro</P>
<P class="p664 ft31">Det följer av värdepappersbolagsdirektivet att kravet på startkapital för värdepappersföretag med övriga tillstånd ska vara minst 150 000 euro (artikel 9.3). Minimibeloppet 125 000 euro i lagen om värdepappers- marknaden (3 kap. 6 § första stycket 3) bör därför höjas till det belopp som direktivet föreskriver. Detta kommer att gälla för värdepappersbolag som får inneha kundmedel eller värdepapper samt vill ha tillstånd för mottagande och vidarebefordrande av order beträffande ett eller flera finansiella instrument, utförande av order på kunders uppdrag, portföljförvaltning, investerings- rådgivning och placering av finansiella instrument utan fast åtagande. Minimibeloppet 125 000 euro kommer också att gälla för värdepappersbolag med tillstånd att driva <NOBR>MTF-plattform,</NOBR> för vilka minimibeloppet 730 000 euro gäller för närvarande (3 kap. 6 § första stycket 2).</P>
<P class="p571 ft3">Ansvarsförsäkring eller garanti ska inte längre kunna ersätta startkapital</P>
<P class="p559 ft2">Enligt lagen om värdepappersmarknaden är det möjligt för vissa värde- pappersbolag att i stället för ett visst startkapital ha en ansvarsförsäkring eller garanti, eller en kombination av ansvarsförsäkring och garanti (3 kap. 6 § andra och tredje styckena). Denna möjlighet finns inte i värdepappers- bolagsdirektivet och bör därför tas bort.</P>
<P class="p561 ft3">Vad startkapitalet ska bestå av</P>
<P class="p664 ft31">I dag får startkapitalet för ett värdepappersbolag bestå av kapitalinstrument (under vissa förutsättningar), överkursfonder relaterade till sådana kapital- instrument, balanserade vinstmedel, ackumulerat annat totalresultat och övriga reserver (1 kap. 5 § lagen om värdepappersmarknaden, som hän- visar till artikel 4.51 i tillsynsförordningen). Enligt värdepappersbolags- direktivet (artikel 11) ska ett värdepappersföretags startkapital i stället bestå av sådana poster som avses i artikel 9 i värdepappersbolagsförord- ningen, dvs. kärnprimärkapital, övrigt primärkapital för kapitaltäcknings- ändamål och supplementärkapital. De nu aktuella reglerna i värdepappers-</P>
<P class="p489 ft2">bolagsdirektivet bör genomföras genom att det i lagen om värdepappers-</P>
<P class="p14 ft2">146</P>
</DIV>
<DIV id="page_147">
<DIV>
<DIV id="id_1">
<P class="p114 ft2">marknaden tas in en ny bestämmelse om att startkapitalet för värde- pappersbolag som inte har tillstånd att ta emot inlåning ska bestå av de poster som anges i artikel 9 i värdepappersbolagsförordningen. För värde- pappersbolag med tillstånd att ta emot medel på konto bör dock hänvis- ningen avse tillsynsförordningen, eftersom bolagen i detta avseende ska behandlas som kreditinstitut.</P>
<P class="p316 ft3">Kapitalkrav under pågående verksamhet</P>
<P class="p635 ft2">I lagen om värdepappersmarknaden finns en upplysningsbestämmelse om att bestämmelser om kapitaltäckning och stora exponeringar finns i tillsynsförordningen, tillsynslagen och buffertlagen (3 kap. 7 § första stycket lagen om värdepappersmarknaden).</P>
<P class="p105 ft2">Bestämmelsen bör kompletteras med en hänvisning även till värde- pappersbolagsförordningen, eftersom den kommer att gälla för de flesta värdepappersbolagen. Bestämmelsen bör också justeras så att upplys- ningen enbart tar sikte på kapitaltäckning, eftersom stora exponeringar inte längre är relevant för värdepappersbolag.</P>
<P class="p239 ft31">I lagen om värdepappersmarknaden finns en bestämmelse som infördes i samband med att den tidigare nationella svenska bestämmelsen om att tillämpa tillsynsförordningen på alla värdepappersbolag upphörde att gälla (3 kap. 7 § andra stycket, se prop. 2017/18:5 s. 79 f.). När tillsynsförord- ningen var tillämplig på alla värdepappersbolag fanns kravet på att upprätt- hålla en kapitalbas motsvarande startkapitalet i förordningen och det behövdes ingen uttrycklig bestämmelse om detta i lagen. När tillsyns- förordningen inte längre skulle tillämpas på vissa bolag krävdes en lagregel för detta. I värdepappersbolagsförordningen finns motsvarande krav (artikel 11.1 b) och bestämmelsen i lagen bör därför tas bort.</P>
<P class="p315 ft2">Ovan föreslås att nuvarande möjlighet för vissa värdepappersbolag att som alternativ till startkapital ha en ansvarsförsäkring eller garanti ska tas bort. Det innebär att även bestämmelsen om kravet på värdet av sådana alternativ till startkapital under pågående verksamhet bör tas bort (3 kap. 7 § tredje stycket lagen om värdepappersmarknaden).</P>
<P class="p316 ft3">Komplettering av upplysningsbestämmelse</P>
<P class="p636 ft31">I lagen om värdepappersmarknaden finns en bestämmelse om begräns- ningar av värdepappersbolags möjligheter att inneha viss egendom (7 kap.</P>
<P class="p280 ft31"><SPAN class="ft2">1</SPAN><SPAN class="ft47">§). I den bestämmelsen finns en upplysning om att vissa sådana begräns- ningar även följer av tillsynsförordningen. Upplysningen bör kompletteras med en hänvisning även till värdepappersbolagsförordningen.</SPAN></P>
<P class="p284 ft3">Startkapital för förvaringsinstitut för alternativa investeringsfonder</P>
<P class="p636 ft31">Hänvisningar till de startkapitalnivåer som fastställs i värdepappersbolags- direktivet ska från och med den 26 juni 2021 anses ersätta hänvisningar i andra <NOBR>EU-rättsakter</NOBR> till de startkapitalnivåer som fastställs i kapitaltäck- ningsdirektivet. Hänvisningar till startkapital i värdepappersföretag i artikel 28 i kapitaltäckningsdirektivet ska då läsas som hänvisningar till artikel 9.1 i värdepappersbolagsdirektivet (artikel 10 första stycket a i värdepappersbolagsdirektivet). I <NOBR>AIFM-direktivet</NOBR> finns en sådan hänvis- ning i de regler som anger vilka värdepappersföretag som kan vara förvaringsinstitut för en alternativ investeringsfond (se artikel 21.3 första</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">147</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_148">
<DIV id="p148dimg1">
<INGENBILD zsrc="H803173148x1.jpg/" id="p148img1">
</DIV>
<P class="p497 ft2">Prop. 2020/21:173 stycket b i <NOBR>AIFM-direktivet</NOBR> och artikel 163 i kapitaltäckningsdirektivet). Reglerna i <NOBR>AIFM-direktivet</NOBR> har genomförts i bestämmelser i lagen om förvaltare av alternativa investeringsfonder och även i den nu aktuella bestämmelsen hänvisas det till kraven på startkapital i kapitaltäcknings- direktivet (9 kap. 4 § första stycket 2 c). För att genomföra värdepappers- bolagsdirektivet bör bestämmelsen i lagen ändras så att den i stället hänvisar till det krav på startkapital som anges artikel 9.1 i det direktivet.</P>
<P class="p560 ft1"><SPAN class="ft1">9</SPAN><SPAN class="ft80">Bolagsstyrning och riskhantering</SPAN></P>
<P class="p561 ft18"><SPAN class="ft76">9.1</SPAN><SPAN class="ft19">Inledning</SPAN></P>
<P class="p665 ft2">Övergången till ett nytt kapitaltäckningsregelverk för värdepappersbolag påverkar bara några bestämmelser i kapitlet i lagen om värdepappers- marknaden med rörelseregler (8 kap. 3, 4 och <NOBR>5–8</NOBR> §§). Övriga bestämmelser i det kapitlet har inte sin grund i kapitaltäckningsregelverket, utan fram- för allt i MiFID II och påverkas därför inte av värdepappersbolagsförord- ningen eller värdepappersbolagsdirektivet.</P>
<P class="p571 ft18"><SPAN class="ft76">9.2</SPAN><SPAN class="ft19">Kraven på individuell nivå</SPAN></P>
<P class="p666 ft31"><SPAN class="ft35">Regeringens förslag: </SPAN>I lagen om värdepappersmarknaden ska bestäm- melserna om styrning och riskhantering kompletteras så att även de risker som ett värdepappersbolag utsätter eller kan utsätta andra för ska identifieras, mätas, styras, rapporteras, kontrolleras och täckas. Termerna kreditrisker och operativa risker ska ersättas med kundrisker respektive företagsrisker. Bestämmelsen om genomlysning ska kompletteras så att den även omfattar ansvarskedjorna inom ett värdepappersbolag.</P>
<P class="p615 ft2">Små och <NOBR>icke-sammanlänkade</NOBR> värdepappersbolag ska inte omfattas av bestämmelserna med krav på soliditet, kapitalutvärdering, kraven på riskhantering och därmed sammanhängande organisatoriska krav, bestämmelsen om ersättningssystem samt bestämmelserna om tillämp- ningen av dessa bestämmelser. Finansinspektionen ska få besluta att bestämmelserna om soliditet och kapitalutvärdering ska tillämpas på ett litet och <NOBR>icke-sammanlänkat</NOBR> bolag, om det är lämpligt. Det ska också införas bestämmelser om förfarandet när ett bolag blir respektive upphör att vara litet och <NOBR>icke-sammanlänkat.</NOBR></P>
<P class="p667 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Kraven i värdepappersbolagsdirektivet på att ett värdepappersföretags arrangemang, strategier och processer för att värdera risker och kapital ska vara proportionerliga och regelbundet ses över tillgodoses genom gällande rätt. Detsamma gäller kraven på tillfredsställande metoder för intern kontroll, på ändamålsenliga och proportionerliga styrningsformer och på att offentliggöra uppgifter om filialer och dotterföretag i andra länder.</P>
<P class="p668 ft2">148</P>
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<P class="p621 ft2">Kraven i värdepappersbolagsdirektivet om riskhantering i värde- pappersföretag och deras ledningsorgan bör genomföras genom före- skrifter på lägre nivå än lag.</P>
<P class="p669 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer i allt väsentligt med regeringens förslag och bedömning. Utredningens förslag har dock en annan lagteknisk utformning.</P>
<P class="p105 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot det.</P>
<P class="p670 ft22">Skälen för regeringens förslag och bedömning</P>
<P class="p671 ft3">Styrning och riskhantering</P>
<P class="p635 ft2">Kraven i värdepappersbolagsdirektivet (artikel 24.1) på att värdepappers- företag dels ska upprätthålla ett internt kapital och likvida tillgångar som täcker riskerna, dels ska ha en intern process för bedömning av kapital- behovet motsvarar i huvudsak de krav som i svensk rätt ställs i lagen om värdepappersmarknaden (8 kap. 3 § och 4 § tredje stycket). (Tillämp- ningsområdet för 8 kap. 3 § behandlas nedan under rubriken Undantag för små och <NOBR>icke-sammanlänkade</NOBR> bolag.)</P>
<P class="p315 ft2">En skillnad är att direktivet kräver att både de risker som värdepappers- företaget självt är eller kan bli exponerat för och de risker företaget innebär eller kan innebära för andra ska täckas. I lagen anges dock bara riskerna för företaget självt. Bestämmelsen bör därför utvidgas så att den på mot- svarande sätt som i direktivet även omfattar riskerna för andra. I bestäm- melsen bör dock, som <SPAN class="ft3">Lagrådet </SPAN>föreslår, ”utsätta” och ”utsätter” användas för att uttrycka detsamma som i direktivet avses med ”innebära” och ”innebär” i fråga om risker för andra än företaget självt.</P>
<P class="p115 ft2">Ett värdepappersbolag ska enligt lagen om värdepappersmarknaden särskilt ska se till att dess kreditrisker, marknadsrisker och operativa risker inte medför att bolagets förmåga att fullgöra sina förpliktelser äventyras (8 kap. 4 § tredje stycket). Uppräkningen av risktyper i lagen har sin grund i kapitaltäckningsreglerna för kreditinstitut. De risker som anges i de nu aktuella reglerna i kapitaltäckningsreglerna för värdepappersbolag är kundrisker, marknadsrisker och företagsrisker. I bestämmelsen i lagen bör termerna kreditrisker och operativa risker därför ersättas med kundrisker och företagsrisker.</P>
<P class="p315 ft2">Enligt värdepappersbolagsdirektivet ska värdepappersföretag ha effekt- iva processer för att identifiera, hantera, övervaka och rapportera de risker som företaget är eller kan bli exponerat för, eller de risker som de innebär eller kan innebära för andra (artikel 26.1 första stycket b). Det kravet hänger ihop med det ovan nämnda kravet på att ett värdepappersföretag ska värdera och upprätthålla ett internt kapital och likvida tillgångar för att täcka dessa risker. En motsvarande bestämmelse finns redan i lagen om värdepappersmarknaden (8 kap. 4 § första stycket). Den bestämmelsen bör kompletteras så att den på motsvarande sätt som i direktivet även omfattar risker som bolagets verksamhet innebär eller kan innebära för andra. Som <SPAN class="ft3">Lagrådet </SPAN>föreslår bör dock ”utsätta” och ”utsätter” även här användas i stället för ”innebära” och ”innebär” i fråga om risker för andra än före- taget självt.</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">149</P>
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<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">150</P>
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<P class="p14 ft3">Översyn av processer för värdering av risker och kapital</P>
<P class="p674 ft2">I värdepappersbolagsdirektivet finns regler om att de arrangemang, strate- gier och processer som ett värdepappersföretag använder för att värdera risker och kapital ska vara proportionerliga och regelbundet ses över (artikel 24.2). Motsvarande bestämmelser finns redan i lagen om värde- pappersmarknaden (8 kap. 4 § fjärde stycket och 6 §). Dessa regler i direktivet kräver därför inte någon lagstiftningsåtgärd.</P>
<P class="p316 ft3">Överblickbara ansvarskedjor</P>
<P class="p675 ft31">I värdepappersbolagsdirektivet ställs krav på vad ett värdepappersföretags styrformer ska omfatta (artikel 26). Företaget ska ha en tydlig organisations- struktur med väldefinierade, genomlysta och konsekventa ansvarskedjor (artikel 26.1 första stycket a). I lagen om värdepappersmarknaden ställs krav på att ett värdepappersbolag ska ha en överblickbar organisationsstruktur (8 kap. 5 §). För att genomföra kravet i direktivet när det gäller ansvars- kedjor bör bestämmelsen i lagen kompletteras på motsvarande sätt. Kravet på överblickbarhet bör alltså även gälla ansvarskedjorna i ett värde- pappersbolaget, dvs. hur ansvar och arbetsuppgifter har delegerats.</P>
<P class="p316 ft3">Tillfredsställande metoder för intern kontroll</P>
<P class="p676 ft2">Enligt värdepappersbolagsdirektivet ska ett värdepappersföretag ha till- fredsställande metoder för intern kontroll, inbegripet sunda administra- tions- och redovisningsrutiner (artikel 26.1 första stycket c). I lagen om värdepappersmarknaden ställs motsvarande krav på värdepappersbolag (8 kap. 11 § 1 och 2) och, när det gäller intern kontroll finns även ytterligare bestämmelser i lagen (8 kap. 4 § första stycket). Kraven i direktivet tillgodoses således genom gällande rätt.</P>
<P class="p316 ft3">Ersättningspolicy och ersättningspraxis</P>
<P class="p674 ft2">Reglerna i värdepappersbolagsdirektivet om ersättningspolicy och ersätt- ningspraxis (artikel 26.1 första stycket d) behandlas i avsnitt 10.</P>
<P class="p284 ft3">Ändamålsenliga och proportionerliga styrningsformer</P>
<P class="p674 ft2">Enligt värdepappersbolagsdirektivet (artikel 26.3) ska de styrningsformer som ett värdepappersföretag ska ha enligt direktivet (artikel 26.1) vara ändamålsenliga och stå i proportion till karaktären, omfattningen och komplexiteten hos de inneboende riskerna i affärsmodellen och företagets verksamhet. Kravet på ändamålsenlighet uppfylls genom utformningen av förslaget ovan om hur reglerna i värdepappersbolagsdirektivet om styrningsformer bör genomföras i svensk rätt. En proportionalitetsregel finns i lagen om värdepappersmarknaden (8 kap. 6 §). Några ytterligare lagstiftningsåtgärder krävs därför inte för att genomföra de nu aktuella reglerna i direktivet.</P>
<P class="p148 ft3">Riskhantering i värdepappersbolag och deras ledningsorgan</P>
<P class="p674 ft2">I värdepappersbolagsdirektivet ställs relativt detaljerade krav på värde- pappersföretags riskhantering (artikel 28). Det gäller bl.a. strategier och riktlinjer för företagets riskaptit, rapportering av risker och inrättande av en riskkommitté i vissa fall. I direktivet anges att värdepappersföretagens</P>
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<P class="p677 ft31">system och processer för riskhantering ska identifiera, mäta, hantera och övervaka väsentliga källor och effekter av olika risktyper såsom kundrisk och marknadsrisk, och hur de påverkar kapitalbasen (artikel 29). Dessa detaljerade krav i hänger samman med de mer generellt utformade kraven på styrningsformer i direktivet (artikel 26) på så sätt att bl.a. dessa kriterier ska beaktas vid utformningen av styrningsformerna. Regler av motsvarande karaktär i kapitaltäckningsdirektivet har i tidigare lagstiftningsärenden ansetts lämpliga att genomföra i svensk rätt genom föreskrifter på lägre nivå än lag. För värdepappersbolagens del har det befintliga bemyndigandet i lagen om värdepappersmarknaden för regeringen eller den myndighet som regeringen bestämmer att föreskriva vilka åtgärder ett bolag ska vidta för att uppfylla kraven på soliditet och likviditet, riskhantering och genom- lysning m.m. använts (8 kap. 35 § 1, se prop. 2013/14:228 s. 178 f.). De nu aktuella reglerna i värdepappersbolagsdirektivet om riskhantering bör på motsvarande sätt genomföras genom föreskrifter på lägre nivå än lag.</P>
<P class="p607 ft3">Undantag för små och <NOBR>icke-sammanlänkade</NOBR> bolag</P>
<P class="p636 ft2">De nya reglerna om styrning och riskhantering i värdepappersbolags- direktivet ska inte gälla för värdepappersföretag som enligt värdepappers- bolagsförordningen är små och <NOBR>icke-sammanlänkade</NOBR> (artiklarna 24.1 och 25 i direktivet). En behörig myndighet får dock begära att även ett sådant värde- pappersföretag ska uppfylla kraven i direktivet på bl.a. processer för att värdera och upprätthålla ett tillräckligt internt kapital, om myndigheten anser det lämpligt (artikel 24.2).</P>
<P class="p115 ft2">Direktivet innehåller också regler om förfarandet när ett värdepappers- företag blir respektive inte längre betraktas som litet och <NOBR>icke-samman-</NOBR> länkat (artikel 25). För ett bolag som blir ett litet och <NOBR>icke-sammanlänkat</NOBR> bolag ska undantaget från reglerna om intern styrning, insyn, och risk- hantering (artiklarna <NOBR>26–29)</NOBR> gälla efter sex månader, förutsatt att bolaget under hela sexmånadersperioden har uppfyllt kriterierna för att vara ett litet och <NOBR>icke-sammanlänkat</NOBR> bolag (artikel 25.2). Ett sådant bolag ska inte heller tillämpa reglerna om ersättningar (artiklarna <NOBR>30–34),</NOBR> vilket behand- las i avsnitt 10. Ett bolag som upphör att vara ett litet och <NOBR>icke-samman-</NOBR> länkat bolag ska underrätta den behöriga myndigheten om detta och inom tolv månader börja tillämpa de regler som det dittills undantagits från (arti- kel 25.3).</P>
<P class="p626 ft2">I värdepappersbolagsdirektivet finns det inte några motsvarande regler om processen när ett bolag blir eller upphör att vara litet och <NOBR>icke-sam-</NOBR> manlänkat i fråga om reglerna om intern process för bedömning av kapitalbehov och intern process för riskbedömning (artikel 24). Enligt regeringens uppfattning ligger det dock i sakens natur att samma process och tidsfrister som ska gälla för riskhanteringen (artikel 26) också bör gälla för soliditets- och kapitalutvärdering (artikel 24).</P>
<P class="p678 ft31">För att genomföra reglerna i direktivet om undantag för små och icke- sammanlänkade värdepappersföretag bör motsvarande bestämmelser in- föras i lagen om värdepappersmarknaden. När det gäller undantaget från reglerna om krav på tillfredsställande metoder för intern kontroll, inbegripet sunda administrations- och redovisningsrutiner (artikel 26.1 första stycket c, se ovan) bör dock även följande överväganden göras. Enligt värdepappers- bolagsdirektivet ska ett värdepappersföretag ha tillfredsställande metoder</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">151</P>
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<P class="p189 ft2">Prop. 2020/21:173 för intern kontroll, inbegripet sunda administrations- och redovisnings- rutiner. Ett motsvarande krav ställs i MiFID II (genom artikel 9.1, som hänvisar till artikel 88 i kapitaltäckningsdirektivet), och som gäller för samtliga värdepappersföretag Enligt de reglerna i kapitaltäcknings- direktivet ska ledningsorganet säkerställa integriteten hos systemen för redo- visning och finansiell rapportering, inbegripet finansiella och operativa kontroller (artikel 88.1 andra stycket b). Detta krav, som i svensk rätt har genomförts i en motsvarande bestämmelse i lagen om värdepappers- marknaden (8 kap. 11 § 1 och 2), bör alltså fortsätta att gälla för samtliga värdepappersbolag, oavsett storlek.</P>
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<P class="p14 ft2">152</P>
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<P class="p124 ft2">Det är alltså endast kraven på soliditet, kapitalutvärdering och riskhantering som de små och <NOBR>icke-sammanlänkade</NOBR> bolagen inte bör omfattas av. Dessa krav omfattas av 8 kap. 3 §, 4 § första och tredje styckena och <NOBR>5–8</NOBR> §§ lagen om värdepappersmarknaden samt den nya bestämmelse om ersättningssystem i samma lag som föreslås i avsnitt 10.2. Bestämmelsen i 8 kap. 3 § är placerad under rubriken ”Soliditet och likviditet” och föreskriver att ett värdepappersbolags rörelse ska drivas på ett sådant sätt att bolagets förmåga att fullgöra sina förpliktelser inte äventyras. Bestämmelsen är generellt utformad och har sin förebild i 6 kap. 1 § lagen om bank- och finansieringsrörelse. När den infördes för värdepappersbolag uttalades bl.a. att bestämmelsen i realiteten innebär en skyldighet att avpassa storleken på och risknivån i rörelsen efter kapitalstyrkan och att, utöver att hålla det kapital som krävs för att uppfylla kapitaltäckningsreglerna, även göra en fristående bedömning av om soliditeten och likviditeten är tillräcklig (prop. 2006/07:5 s. 139). Som <SPAN class="ft3">Lagrådet </SPAN>påpekar ger bestämmelsens lydelse även uttryck för en generell norm för hur rörelsen ska bedrivas som även fortsatt bör gälla alla värdepappersbolag. Som Lagrådet föreslår bör undantaget för små och <NOBR>icke-sammanlänkade</NOBR> värdepappersbolag, i fråga om 3 §, endast omfatta de särskilda krav på en fristående bedömning av soliditet och likviditet som följer av den bestämmelsen.</P>
<P class="p679 ft2">Kraven på en tillfredsställande styrning och interna kontroller för att hantera regelefterlevnad i övrigt beträffande kundskydd, intressekonflikter</P>
<P class="p680 ft2"><SPAN class="ft2">m.m.</SPAN><SPAN class="ft17">följer av bestämmelser i lagen om värdepappersmarknaden (8 kap. 9, 11 och 12 §§) och de organisatoriska kraven av bestämmelser i kommis- sionens delegerade förordning (EU) 2017/565 av den 25 april 2016 om komplettering av Europaparlamentets och rådets direktiv 2014/65/EU vad gäller organisatoriska krav och villkor för verksamheten i värde- pappersföretag, och definitioner för tillämpning av det direktivet (artiklarna </SPAN><NOBR>21–43).</NOBR></P>
<P class="p316 ft3">Offentliggörande av uppgifter om filialer och dotterföretag</P>
<P class="p674 ft2">I värdepappersbolagsdirektivet (artikel 27) finns regler om att värde- pappersföretag ska offentliggöra uppgifter om filialer och dotterföretag i andra länder. Kravet att offentliggöra dessa uppgifter åvilar alltså värde- pappersföretaget, dvs. moderbolaget, och inte dotterföretag eller filialer. Uppgifterna ska offentliggöras som en bilaga till årsredovisningen eller koncernredovisningen. En bestämmelse som motsvarar dessa regler i direktivet finns i dag i Finansinspektionens föreskrifter och allmänna råd (FFFS 2008:25) om årsredovisning i kreditinstitut och värdepappersbolag</P>
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<P class="p14 ft2">(7 kap. 4 §). Några lagstiftningsåtgärder för att genomföra reglerna krävs Prop. 2020/21:173 därför inte.</P>
<TABLE cellpadding=0 cellspacing=0 class="t95">
<TR>
<TD class="tr32 td183"><P class="p19 ft18">9.3</P></TD>
<TD class="tr32 td317"><P class="p1 ft18">Kraven på koncernnivå</P></TD>
<TD class="tr32 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr37 td324"><P class="p18 ft85"> </P></TD>
<TD class="tr8 td120"><P class="p18 ft9"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr16 td325"><P class="p73 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>En definition av termen värdepappersinriktat</P></TD>
<TD class="tr16 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">holdingföretag ska tas in i lagen om värdepappersmarknaden.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">Bestämmelsen i samma lag om vilka parter som får ingå avtal om</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">koncerninternt finansiellt stöd ska även gälla för värdepappersinriktade</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">holdingbolag.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p630 ft2">Värdepappersbolag ska inte längre omfattas av bestämmelserna i till-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">synslagen om vilket företag som ska se till att uppfylla gruppbaserade</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">krav om soliditet och riskhantering. I stället ska kraven på riskhantering</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">i lagen om värdepappersmarknaden tillämpas på en värdepappersföre-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">tagskoncern om inte annat följer av beslut enligt artikel 8 i värde-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">pappersbolagsförordningen.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p630 ft31">Den som ingår i ledningen för ett värdepappersinriktat holdingföretag</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">ska uppfylla de krav på kunskaper och lämplighet som enligt tillsyns-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">lagen gäller för dem som ingår i ledningen för ett finansiellt holding-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td329"><P class="p73 ft2">företag.</P></TD>
<TD class="tr5 td330"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p681 ft2">Regeringen eller den myndighet som regeringen bestämmer ska få</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">meddela föreskrifter om kraven på den som ingår i ledningen för ett</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">värdepappersinriktat holdingföretag.</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr39 td326"><P class="p18 ft87"> </P></TD>
<TD class="tr38 td120"><P class="p18 ft86"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr3 td327"><P class="p416 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer i huvudsak med regeringens</P></TD>
<TD class="tr3 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">förslag. Utredningen föreslår dock inte någon definition av värdepappers-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft31">inriktat holdingföretag. Utredningens förslag har även en annan lagteknisk</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">utformning.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p416 ft2"><SPAN class="ft22">Remissinstanserna: </SPAN>Flertalet remissinstanser tillstyrker förslaget eller</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">har inget att invända mot det. <SPAN class="ft3">Finansinspektionen </SPAN>anser att det bör över-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">vägas om det bör införas en definition av värdepappersinriktat holding-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">företag i lagen om värdepappersmarknaden och om bestämmelsen i</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">samma lag om vilka parter som kan ingå avtal om koncerninternt</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td183"><P class="p18 ft2">finansiellt</P></TD>
<TD class="tr4 td317"><P class="p18 ft2">stöd (8 b kap. 2 §) kan behöva justeras med anledning av</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">värdepappersbolagsdirektivet.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr41 td327"><P class="p18 ft22">Skälen för regeringens förslag</P></TD>
<TD class="tr41 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr33 td327"><P class="p18 ft3">Betydelsen av termer och uttryck</P></TD>
<TD class="tr33 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr3 td327"><P class="p18 ft2">De nuvarande kapitaltäckningsreglerna innebär att kraven enligt tillsyns-</P></TD>
<TD class="tr3 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">förordningen och kapitaltäckningsdirektivet ska tillämpas på enskilda</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">kreditinstitut och värdepappersbolag och på gruppnivå när ett kreditinstitut</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">eller värdepappersbolag ingår i en konsoliderad situation.</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p416 ft31">På motsvarande sätt som i nuvarande regelverk om kapitaltäckning finns</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">det i det nya regelverket om kapitaltäckning för värdepappersföretag regler</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">om grupper i värdepappersbolagsförordningen. Men, på motsvarande sätt</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">som i gällande rätt, ska värdepappersbolagsdirektivets regler om riskhante-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">ring också tillämpas på gruppnivå (artikel 25.4 andra och tredje styckena). De</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">reglerna hänvisar till värdepappersbolagsförordningen och innebär i</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr2 td327"><P class="p18 ft2">korthet att om kraven i förordningen (artikel 7) ska tillämpas på gruppnivå,</P></TD>
<TD class="tr2 td120"><P class="p16 ft2">153</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_154">
<DIV id="id_1">
<P class="p189 ft2">Prop. 2020/21:173 så ska kraven på riskhantering i direktivet tillämpas både på gruppnivå och på individuell nivå på värdepappersföretag. En behörig myndighet får dock tillåta en justerad tillämpning av förordningens krav på gruppstrukturer som anses vara tillräckligt enkla och där det inte finns några väsentliga risker för kunder eller för marknaden som härrör från gruppen som helhet (artikel 8 i förordningen). I så fall ska kraven på riskhantering enbart tillämpas på värdepappersföretaget på individuell nivå.</P>
</DIV>
<DIV id="id_2">
<DIV id="id_2_1">
<P class="p14 ft2">154</P>
</DIV>
<DIV id="id_2_2">
<P class="p682 ft31">I de nya reglerna för värdepappersföretag har det införts vissa nya defini- tioner av olika företag i en grupp för att skilja ut de företagsgrupper för vilka reglerna för värdepappersföretag ska gälla från grupper där reglerna för kreditinstitut ska gälla. En sådan företagstyp är värdepappersinriktat holdingföretag (artikel 4.1.23 i värdepappersbolagsförordningen), ett företag inom den finansiella sektorn (utom kreditinstitut och värdepappersföretag) vars dotterföretag huvudsakligen är andra värdepappersföretag m.fl. före- tag inom den finansiella sektorn, men som inte är ett finansiellt holding- företag enligt tillsynsförordningen. I samma syfte har definitionerna i tillsynsförordningen ändrats, framför allt genom att definitionen av institut (artikel 4.1.3) inte längre omfattar värdepappersföretag (ändring genom artikel 62.3 c i värdepappersbolagsförordningen).</P>
<P class="p683 ft2">Det är av tydlighetsskäl motiverat att, som <SPAN class="ft3">Finansinspektionen </SPAN>föreslår, i lagen om värdepappersmarknaden ta in en definition av termen värdepap- persinriktat holdingföretag. Som Finansinspektionen också tar upp kan bestämmelserna om vilka parter som kan ingå avtal om koncerninternt finansiellt stöd i den lagen (8 b kap. 2 §) behöva justeras med anledning av värdepappersbolagsdirektivet. Även värdepappersinriktade holding- företag bör få ingå ett sådant avtal.</P>
<P class="p316 ft3">Ansvar för uppfyllande av gruppbaserade krav</P>
<P class="p676 ft2">I värdepappersbolagsförordningen finns bestämmelser om gruppbaserade krav (artikel 7). De kraven ska tillämpas både på individuell nivå och på gruppnivå. Vilket företag som ansvarar anges i förordning: ett moder- värdepappersföretag, ett värdepappersinriktat moderholdingföretag eller ett blandat finansiellt moderholdingföretag. Genom ett undantag från de bestämmelserna får behöriga myndigheter tillåta att bestämmelserna om gruppkapitaltest (artikel 8) tillämpas på gruppstrukturer som anses vara tillräckligt enkla, förutsatt att det inte föreligger några betydande risker för kunder eller för marknaden skulle kräva gruppbaserad tillsyn. Enligt värdepappersbolagsdirektivet (artikel 25.4 tredje stycket) ska med- lemsstaterna se till att kraven tillämpas både på individuell nivå och på gruppnivå om huvudregeln i värdepappersbolagsförordningen är tillämp- lig och på individuell nivå om undantaget är tillämpligt.</P>
<P class="p684 ft2">I tillsynslagen finns bestämmelser om vilket företag som ansvarar för att kraven på gruppnivå är uppfyllda i en konsoliderad situation (3 kap. <NOBR>1–4</NOBR> §§). Bestämmelsen i 3 kap. 4 § tillsynslagen genomför artikel 109 i kapitaltäckningsdirektivet och hänvisar till vissa bestämmelser i lagen om värdepappersmarknaden om riskhantering och genomlysning som i sin nuvarande lydelse genomför delar av kapitaltäckningsdirektivet. Eftersom kapitaltäckningsdirektivet i dessa delar inte längre ska gälla för värde- pappersbolag bör bestämmelsen i tillsynslagen ändras och hänvisningen tas bort. I stället bör det införas en ny bestämmelse i tillsynslagen om att</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_155">
<P class="p329 ft2">kraven på riskhantering i lagen om värdepappersmarknaden (8 kap. 3 §, Prop. 2020/21:173 4 § första och tredje styckena, 4 c och <NOBR>5–8</NOBR> §§) ska tillämpas på gruppnivå</P>
<P class="p439 ft2">om inte annat följer av beslut enligt artikel 8 i värdepappersbolags- förordningen. Det behövs ingen särskild lagregel för de fall när Finans- inspektionen, i enlighet med det ovan nämnda undantaget i värdepappers- bolagsförordningen, har beslutat om avvikelser från tillämpningen på gruppnivå eftersom det regleras i förordningen. I de fallen ska kraven på riskhantering tillämpas på värdepappersbolag på individuell nivå i enlighet med det som föreslås ovan.</P>
<P class="p569 ft3">Undantag för dotterföretag i tredjeland om krav strider mot lagen där</P>
<P class="p685 ft2">I värdepappersbolagsdirektivet anges att även om en grupp omfattas av kraven på gruppnivå ska dessa krav inte tillämpas på dotterföretag i tredje- land som omfattas av en konsoliderad situation, om moderföretaget kan påvisa för den behöriga myndigheten att detta skulle strida mot lagen i det land där dotterföretaget är etablerat (artikel 25.4 fjärde stycket). Det motsvarar regler som finns i kapitaltäckningsdirektivet (artikel 109.3). Sistnämnda regler har i svensk rätt genomförts i en bestämmelse i tillsyns- lagen om att Finansinspektionen, efter ansökan av det ansvariga företaget, i sådana situationer ska besluta om undantag för ett dotterföretag (3 kap. 4 § tredje stycket).</P>
<P class="p420 ft2">Ovan föreslås att bestämmelserna i tillsynslagen om att ansvar för upp- fyllande av gruppbaserade krav inte ska gälla för värdepappersbolag. Finansinspektionen bör emellertid även i fortsättningen ha möjlighet att också i fråga om värdepappersbolag besluta om sådana undantag för dotterföretag som avses ovan. Det bör därför regleras i en särskild bestäm- melse i lagen.</P>
<P class="p316 ft3">Ledningspersoner i ett värdepappersinriktat holdingföretag</P>
<P class="p686 ft2">I kapitaltäckningsdirektivet ställs krav på lämplighet och kunskaper på personer som ingår i ledningen för moderföretag som finansiella holding- företag eller blandande finansiella holdingföretag (artikel 121). Reglerna har i svensk rätt genomförts genom en motsvarande bestämmelse i tillsyns- lagen (3 kap. 5 §).</P>
<P class="p89 ft2">Samma krav ska enligt värdepappersbolagsdirektivet gälla för personer som ingår i ledningen för ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag (artikel 52). Artikeln, som avser värde- pappersföretagskoncerner, bör genomföras i en ny bestämmelse i tillsyns- lagen</P>
<P class="p438 ft2">I tillsynslagen finns ett bemyndigande för regeringen eller den myndighet som regeringen bestämmer att meddela föreskrifter om vilka krav som ska ställas på den som ska ingå i ledningen i ett finansiellt holdingföretag eller ett blandat finansiellt holdingföretag (10 kap. 2 § 1). Regeringen eller den myndighet som regeringen bestämmer bör även få meddela föreskrifter om kraven på den som ingår i ledningen för ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holding- företag.</P>
<P class="p687 ft2">155</P>
</DIV>
<DIV id="page_156">
<DIV id="p156dimg1">
<INGENBILD zsrc="H803173156x1.jpg/" id="p156img1">
</DIV>
<TABLE cellpadding=0 cellspacing=0 class="t96">
<TR>
<TD class="tr27 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft89">10</SPAN></P></TD>
<TD class="tr27 td331"><P class="p18 ft1">Ersättningar till vissa personalkategorier</P></TD>
</TR>
</TABLE>
<P class="p688 ft18"><SPAN class="ft76">10.1</SPAN><SPAN class="ft91">På vilken föreskriftsnivå bör reglerna i värdepappersbolagsdirektivet genomföras?</SPAN></P>
<P class="p689 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Värdepappersbolagsdirektivets regler om ersättningar bör som utgångspunkt genomföras genom föreskrifter på lägre nivå än lag.</P>
<P class="p690 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm- ning.</P>
<P class="p477 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända mot den.</P>
<P class="p477 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">Medlemsstaterna ska säkerställa att värdepappersföretag har robusta styrningsformer som omfattar bl.a. en ersätt- ningspolicy och en ersättningspraxis som är förenliga med och främjar sund och effektiv riskhantering (artikel 26.1 första stycket d). Ersättningspolicyn och ersättningspraxisen ska vara könsneutrala. I direktivet finns även omfatt- ande och detaljerade regler om ersättningspolicy och ersättningar (artiklarna </SPAN><NOBR><SPAN class="ft2">30–34).</SPAN></NOBR></P>
<P class="p691 ft31">I kapitaltäckningsdirektivet finns motsvarande regler om ersättningar (se bl.a. artiklarna 74.1 och <NOBR>92–96).</NOBR> De reglerna har i svensk rätt i huvudsak genomförts i föreskrifter på lägre nivå än lag (16 kap. 1 § lagen om bank- och finansieringsrörelse och 5 kap. 2 § förordningen [2004:329] om bank- och finansieringsrörelse och 8 kap. 35 § lagen om värdepappersmarknaden och 6 kap. 1 § förordningen [2007:572] om värdepappersmarknaden). Sådana föreskrifter finns i Finansinspektionens föreskrifter (FFFS 2011:1) om ersätt- ningssystem i kreditinstitut och värdepappersbolag. Det är bara frågor av mer principiell natur som regleras på lagnivå (6 kap. 2, 4 a och 5 §§ lagen om bank- och finansieringsrörelse och 8 kap. 4, 8 f och 9 §§ lagen om värdepappers- marknaden). När det gäller de ändringar i kapitaltäckningsdirektivet gjorde regeringen bedömningen att även de nya reglerna om ersättningar i det direktivet bör genomföras i föreskrifter på lägre nivå än lag eftersom de gäller frågor som i svensk rätt regleras i Finansinspektionens föreskrifter om ersätt- ningssystem i institut (se prop. 2020/21:36 s. 80 och 593).</P>
<P class="p692 ft2">Regeringen anser att även reglerna om ersättningar i värdepappersbolags- direktivet som utgångspunkt bör genomföras genom föreskrifter på lägre nivå än lag.</P>
<P class="p693 ft18"><SPAN class="ft76">10.2</SPAN><SPAN class="ft91">Ersättningssystem</SPAN></P>
<P class="p689 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Det ska i lagen om värdepappersmarknaden tas in en uttrycklig bestämmelse om att ett värdepappersbolag ska ha ett ersättningssystem som främjar en sund och effektiv riskhantering. Kravet ska inte gälla små och <NOBR>icke-sammanlänkade</NOBR> värdepappersbolag.</P>
<P class="p652 ft2">Regeringen eller den myndighet som regeringen bestämmer ska få meddela föreskrifter om vad ett värdepappersbolag ska iaktta för att uppfylla kraven på ersättningssystem.</P>
<P class="p102 ft2">156</P>
</DIV>
<DIV id="page_157">
<DIV>
<DIV id="id_1">
<P class="p694 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag. <SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot</P>
<P class="p14 ft2">det.</P>
<P class="p623 ft22">Skälen för regeringens förslag</P>
<P class="p624 ft3">Det bör införas en uttrycklig bestämmelse om ersättningssystem</P>
<P class="p625 ft2">Enligt värdepappersbolagsdirektivet ska medlemsstaterna säkerställa att värdepappersföretag har robusta styrningsformer (artikel 26). Däribland ingår att ha en ersättningspolicy och en ersättningspraxis som är förenliga med och främjar en sund och effektiv riskhantering (artikel 26.1 första stycket d). Samma krav finns även i kapitaltäckningsdirektivet (artikel 74.1).</P>
<P class="p239 ft2">Enligt värdepappersbolagsdirektivet ska medlemsstaterna säkerställa att ledningsorganet i ett värdepappersföretag antar och inom ramen för sin tillsynsfunktion regelbundet ser över ersättningspolicyn och har det över- gripande ansvaret för att övervaka dess genomförande (artikel 30.1 f). Mot- svarande regler finns i kapitaltäckningsdirektivet (artikel 92.2 c).</P>
<P class="p215 ft2">Med ersättningssystem avses såväl ersättningspolicy som ersättnings- praxis. Utformningen av ersättningssystem kan ge upphov till risker för bolag. Generella bestämmelser om riskhantering i värdepappersbolag finns i dag lagen om värdepappersmarknaden (8 kap. 4 §). De innebär att ett värdepappersbolag ska identifiera, mäta, styra, internt rapportera och ha kontroll över de risker som dess rörelse är förknippad med. Bolaget ska också se till att det har en tillfredsställande intern kontroll. Styrelsen i ett värdepappersbolag ansvarar för att dessa krav uppfylls och för att det finns skriftliga interna riktlinjer och instruktioner i den omfattning som behövs för att uppfylla kraven (8 kap. 7 och 8 §§ lagen om värdepappersmark- naden).</P>
<P class="p695 ft2">Lagen om värdepappersmarknaden innehåller emellertid inte någon uttryck- lig bestämmelse som specifikt föreskriver att värdepappersbolag – när det gäller syftet att främja en sund och effektiv riskhantering – ska ha en ersätt- ningspolicy. Merparten av bestämmelserna om ersättning finns i Finans- inspektionens föreskrifter om ersättningssystem i kreditinstitut och värde- pappersbolag. Enligt de föreskrifterna ska ett företag ha en dokumenterad ersättningspolicy som dels är förenlig med och främjar en sund och effektiv riskhantering, dels motverkar ett överdrivet risktagande (2 kap. 1 §). Det anges även generella krav på en ersättningspolicy. Ett företags styrelse ska besluta om en ersättningspolicy och se till att den tillämpas och följs upp (3 kap. 1 §). Vidare ska styrelsen besluta om åtgärder för att följa upp tillämpningen av företagets ersättningspolicy (3 kap. 2 § första stycket c).</P>
<P class="p626 ft2">Mot bakgrund av det som redovisas ovan framstår det i och för sig inte som nödvändigt att i detta avseende vidta några lagstiftningsåtgärder, eftersom kravet i värdepappersbolagsdirektivet på att ett värdepappers- bolag ska ha en ersättningspolicy redan är reglerat i föreskrifter på lägre nivå än lag. Det kan dock vara av värde att i lag slå fast skyldigheten för värdepappersbolag att ha ett ersättningssystem som ska främja en sund och effektiv riskhantering.</P>
<P class="p315 ft2">De övriga styrningsformerna som ett värdepappersbolag ska ha enligt värdepappersbolagsdirektivet (artikel 26.1) regleras i gällande rätt i mot-</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">157</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_158">
<DIV id="id_1">
<P class="p189 ft2">Prop. 2020/21:173 svarande bestämmelser i lagen om värdepappersmarknaden (se arti- kel 26.1 första stycket a och 8 kap. 5 § om genomlysning samt artikel 26.1 första stycket b och c och 8 kap. 4 § om riskhantering och intern kontroll). Det ska i sammanhanget noteras att skyldigheten för värdepappersbolag att ha en ersättningspolicy och en ersättningspraxis anges särskilt i direktivet. Ur detta perspektiv framstår det som konsekvent att i lagen om värdepappersmarknaden även uttryckligen reglera skyldigheten för värde- pappersbolag att ha en ersättningspolicy och ersättningspraxis som främjar en sund och effektiv riskhantering.</P>
</DIV>
<DIV id="id_2">
<DIV id="id_2_1">
<P class="p14 ft2">158</P>
</DIV>
<DIV id="id_2_2">
<P class="p682 ft31">Till detta kommer att lagen om värdepappersmarknaden sedan MiFID II genomfördes i svensk rätt innehåller krav på att styrelsen i ett värde- pappersinstitut fastställer och övervakar en ersättningspolicy men i ett annat syfte, nämligen för att främja ansvarsfulla affärsmetoder och en rättvis behandling av kunder och för att undvika intressekonflikter i förbindel- serna med kunderna (8 kap. 8 e §, se artikel 9.3 i MiFID II). Policyn ska gälla för ersättning till personer som deltar i tillhandahållandet av tjänster till kunder. Att det i lagen om värdepappersmarknaden redan finns bestäm- melser om den ersättningspolicy som ett värdepappersbolag ska ha talar också för att i den lagen införa bestämmelser även om den slags ersätt- ningspolicy som syftar till att främja ett sunt och effektivt risktagande.</P>
<P class="p696 ft2">Vidare kan nämnas att det på närliggande områden finns bestämmelser i lag om ersättningssystem som tar sikte på riskhantering. Enligt lagen om förvaltare av alternativa investeringsfonder ska en <NOBR>AIF-förvaltare</NOBR> ha ett ersättningssystem som främjar en sund och effektiv riskhantering (8 kap. 22 §). För fondbolagens del finns en motsvarande bestämmelse i lagen om värdepappersfonder (2 kap. 17 c § första stycket). Fondbolag ska, inom ramen för ersättningssystemet, upprätta och tillämpa en ersättningspolicy (2 kap. 17 c § andra stycket samma lag).</P>
<P class="p696 ft2">Sammantaget talar det anförda för att det är lämpligt att i lag reglera kravet på värdepappersbolag att ha ett ersättningssystem som främjar en sund och effektiv riskhantering. Det bör därför införas en uttrycklig bestämmelse om det i lagen om värdepappersmarknaden.</P>
<P class="p284 ft3">Bestämmelsens utformning och placering</P>
<P class="p676 ft2">När det gäller den lagtekniska utformningen är det lämpligt att det nya kravet regleras separat i stället för att tas in i den befintliga bestämmelsen i lagen om värdepappersmarknaden om vad styrelsen i ett värdepappers- institut ska ansvara för (8 kap. 8 e §). Den nya bestämmelsen kommer nämligen att i jämförelse med den sistnämnda bestämmelsen få ett mer begränsat tillämpningsområde eftersom den enbart ska gälla för styrelsen i värdepappersbolag. Dessutom ska tillämpningsområdet vara begränsat till sådana värdepappersbolag som inte tillhör kategorin små och icke- sammanlänkade värdepappersbolag (se avsnitt 9.2).</P>
<P class="p696 ft2">Den nya bestämmelsen bör placeras i anslutning till de andra bestäm- melserna i 8 kap. lagen om värdepappersmarknaden som genomför regler i kapitaltäckningsregelverket (se 8 kap. <NOBR>3–4</NOBR> a §§).</P>
<P class="p121 ft2">Enligt värdepappersbolagsdirektivet ska ersättningspolicyn och ersätt- ningspraxisen stå i proportion till arten, omfattningen och komplexiteten hos de inneboende riskerna i affärsmodellen och värdepappersföretagets verksamheter (artikel 26.3). I lagen om värdepappersmarknaden finns</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_159">
<P class="p329 ft2">redan en bestämmelse om proportionalitet, som innebär att bestämmel- Prop. 2020/21:173 serna om soliditet och likviditet, riskhantering, rapportering av överträdel-</P>
<P class="p439 ft2">ser och genomlysning ska tillämpas i proportion till arten och omfatt- ningen av värdepappersbolagets verksamheter och dessas komplexitets- grad (8 kap. 6 §). Den bestämmelsen bör gälla även för den nya bestäm- melsen om ersättningssystem. Styrelsen i ett värdepappersbolag bör ansvara för att kravet på ersättningssystem uppfylls (8 kap. 7 §). Styrelsens skyldighet att se till att det finns skriftliga interna riktlinjer och instruk- tioner i den omfattning som behövs för att uppfylla kravet samt att riktlinjerna och instruktionerna ska utvärderas och ses över regelbundet bör även omfatta ersättningssystemet (8 kap. 8 §).</P>
<P class="p569 ft3">Principerna för att fastställa och tillämpa ersättningspolicyn</P>
<P class="p697 ft31">När det gäller de principer som värdepappersföretag ska iaktta när de fast- ställer och tillämpar sin ersättningspolicy finns det i förhållande till det nuvarande regelverket för kapitaltäckning, utöver rent språkliga varia- tioner, vissa skillnader i sak. En skillnad mellan regelverken är att enligt värdepappersbolagsdirektivet kan den väsentliga inverkan som personers yrkesutövning har även gälla i förhållande till de tillgångar som företaget förvaltar (artikel 30.1). I kapitaltäckningsdirektivet har det genom änd- ringsdirektivet gjorts några ändringar när det gäller vilka kategorier som ska anses utgöra personalkategorier vars yrkesutövning har en väsentlig inverkan på institutets riskprofil (artikel 92.3). I värdepappersbolagsdirektivet finns liknande regler (artikel 30.1). I kapitaltäckningsdirektivet har det även införts ett krav på att ersättningspolicyn ska vara könsneutral (artikel 92.2 aa). Det kravet ska även gälla enligt värdepappersbolags- direktivet (artikel 30.1 b). När det gäller frågan vad ersättningspolicyn ska stämma överens med och uppmuntra till finns det bara vissa mindre skillnader i de båda direktiven. Mer betydande ändringar har dock gjorts beträffande kvoten mellan fast och rörlig ersättning. Detta behandlas vidare i avsnitt 10.4.</P>
<P class="p698 ft2">Reglerna i kapitaltäckningsdirektivet om vilka principer som ett värde- pappersbolag ska iaktta när det fastställer och tillämpar ersättningspolicyn (med undantag för kvoten mellan fast och rörlig ersättning) är i svensk rätt genomförda i myndighetsföreskrifter. Reglerna i värdepappersbolags- direktivet bör genomföras på motsvarande sätt.</P>
<P class="p316 ft3">Det bör införas ett nytt bemyndigande att meddela föreskrifter</P>
<P class="p699 ft2">Finansinspektionens nuvarande föreskrifter om ersättningssystem i kredit- institut och värdepappersbolag grundar sig i fråga om värdepappersbolag på ett bemyndigande i lagen om värdepappersmarknaden för regeringen eller den myndighet som regeringen bestämmer att meddela om före- skrifter om vilka åtgärder som ett värdepappersbolag ska vidta för att upp- fylla krav på soliditet och likviditet, riskhantering och genomlysning samt riktlinjer och instruktioner (8 kap. 35 § 1). Ovan föreslås att det i lagen om värdepappersmarknaden ska införas en uttrycklig bestämmelse om att ett värdepappersbolag ska ha ett ersättningssystem. Regeringen eller den myndighet som regeringen bestämmer bör därför få meddela föreskrifter om vad ett värdepappersbolag ska iaktta för att uppfylla kraven på ersätt- ningssystem.</P>
<P class="p700 ft2">159</P>
</DIV>
<DIV id="page_160">
<DIV id="p160dimg1">
<INGENBILD zsrc="H803173160x1.jpg/" id="p160img1">
</DIV>
<TABLE cellpadding=0 cellspacing=0 class="t97">
<TR>
<TD class="tr19 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft74">10.3</SPAN></P></TD>
<TD class="tr19 td185"><P class="p18 ft18">Begränsningar för företag som tar emot</P></TD>
</TR>
<TR>
<TD class="tr33 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td185"><P class="p18 ft18">offentligt stöd</P></TD>
</TR>
</TABLE>
<P class="p689 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Värdepappersbolagsdirektivets regler om begränsningar av rörlig ersättning för företag som tar emot extraordinärt offentligt finansiellt stöd bör genomföras genom föreskrifter på lägre nivå än lag.</P>
<P class="p701 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer inte med regeringens bedömning. Utredningen bedömer att det inte är aktuellt att genomföra reglerna i värdepappersbolagsdirektivet om värdepappersföretag som tar emot extraordinärt offentligt finansiellt stöd.</P>
<P class="p477 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända mot den.</P>
<P class="p480 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">I värdepappersbolagsdirektivet (artikel 31) finns regler som innebär begränsningar när det gäller möjlig- heten att betala ut rörlig ersättning till anställda i värdepappersföretag som får s.k. extraordinärt offentligt finansiellt som avses i artikel 2.1.28 i Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i det följande kallat krishanterings- direktivet. Det motsvarar till stor del det som gäller enligt kapitaltäcknings- direktivet (artikel 93). I förhållande till kapitaltäckningsdirektivet sker det dock en viss skärpning genom att det anges att rörlig ersättning aldrig får betalas ut till ledamöterna i ledningsorganet när det förekommer offentligt stöd. Enligt kapitaltäckningsdirektivet gäller i stället som princip att ingen rörlig ersättning ska betalas ut till ledamöter i institutets ledningsorgan, om det inte är motiverat.</SPAN></P>
<P class="p702 ft2">Förebyggande statligt stöd kan enligt lagen (2015:1017) om före- byggande statligt stöd till kreditinstitut (stödlagen) inte ges till värde- pappersbolag utan endast till kreditinstitut enligt lagen (2004:297) om bank- och finansieringsrörelse (1 kap. 1 § stödlagen och prop. 2015/16:5 s. 320 och 877). Som utredningen konstaterar kan värdepappersbolag i Sverige inte kan komma i fråga för sådant stöd. Regeringen konstaterar dock att i det som i krishanteringsdirektivet benämns extraordinärt offentligt finansiellt stöd innefattas även annat än förebyggande statligt stöd enligt stödlagen, nämligen de statliga stabiliseringsverktygen vid resolution av kreditinstitut och värdepappersföretag (se artiklarna <NOBR>56–58).</NOBR> Krishanteringsdirektivets regler om statliga stabiliseringsverktyg är i svensk rätt genomförda genom 22 kap. lagen (2015:1016) om resolution. Extraordinärt offentligt finansiellt stöd genom statliga stabiliserings- verktyg kan även ges till värdepappersbolag. Detta innebär att även värdepappersbolagsdirektivets regler om begränsningar av rörlig ersättning för företag som tar emot extraordinärt offentligt finansiellt stöd bör genomföras i svensk rätt. Detta kan lämpligen ske genom föreskrifter</P>
<P class="p569 ft2">160</P>
</DIV>
<DIV id="page_161">
<P class="p14 ft2">på lägre nivå än lag med stöd av befintligt bemyndigande i lagen om Prop. 2020/21:173 värdepappersmarknaden (8 kap. 35 §).</P>
<TABLE cellpadding=0 cellspacing=0 class="t95">
<TR>
<TD class="tr32 td156"><P class="p30 ft76">10.4</P></TD>
<TD class="tr32 td332"><P class="p237 ft18">Rörlig ersättning</P></TD>
<TD class="tr32 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr37 td324"><P class="p18 ft85"> </P></TD>
<TD class="tr8 td120"><P class="p18 ft9"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr16 td325"><P class="p73 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Bestämmelsen i lagen om värdepappers-</P></TD>
<TD class="tr16 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">marknaden om att den rörliga ersättningen till en anställd vars funktion</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">eller totala ersättningsnivå innebär att han eller hon kan ha en väsentlig</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">inverkan på ett värdepappersbolags riskprofil inte får vara större än den</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">fasta ersättningen (s.k. maximikvot), bör behållas.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p45 ft2">Värdepappersbolagsdirektivets regler om principer och krav för rör-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">lig ersättning bör genomföras genom föreskrifter på lägre nivå än lag.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr38 td326"><P class="p18 ft86"> </P></TD>
<TD class="tr40 td120"><P class="p18 ft88"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr20 td327"><P class="p39 ft22">Utredningens förslag och bedömning <SPAN class="ft2">överensstämmer delvis med</SPAN></P></TD>
<TD class="tr20 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">regeringens bedömning. Utredningen föreslår att bestämmelsen om maxi-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">mikvot ska tas bort.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p39 ft2"><SPAN class="ft22">Remissinstanserna: </SPAN>Flertalet remissinstanser tillstyrker förslaget och</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">bedömningen eller har inget att invända mot dem. <SPAN class="ft3">Fondbolagens förening</SPAN></P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">önskar att det undantag från bl.a. bestämmelser om utbetalning av ersätt-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">ningar som ska införas i svensk rätt med anledning av värdepappersbolags-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">direktivet samtidigt bör införas för fondbolag och <NOBR>AIF-förvaltare.</NOBR></P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr42 td327"><P class="p18 ft22">Skälen för regeringens bedömning</P></TD>
<TD class="tr42 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr33 td327"><P class="p18 ft3">En kvot mellan rörlig och fast ersättning</P></TD>
<TD class="tr33 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr3 td327"><P class="p18 ft2">Enligt värdepappersbolagsdirektivet ska den fasta delen av ersättningen</P></TD>
<TD class="tr3 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">representera en tillräckligt stor del av den totala ersättningen för att det ska</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">vara möjligt att genomföra en fullt flexibel policy med rörliga ersättnings-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">delar, inbegripet möjligheten att inga rörliga ersättningsdelar betalas ut</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">(artikel 30.1 k). En bestämmelse med denna innebörd finns redan i svensk</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft31">rätt i Finansinspektionens föreskrifter om ersättningssystem i kreditinstitut</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">och värdepappersbolag (4 kap. 1 § första stycket). Vidare ställer värde-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">pappersbolagsdirektivet krav på att värdepappersbolag ska fastställa</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">lämpliga kvoter mellan fasta och rörliga delar av den totala ersättningen</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">(artikel 30.2). Motsvarande krav gäller också enligt Finansinspektionens</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">föreskrifter (4 kap. 1 § andra stycket). När det däremot gäller principerna för</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft31">fastställandet av kvoterna innebär värdepappersbolagsdirektivet skillnader</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">för värdepappersbolagens del.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p39 ft31">För att genomföra regler i kapitaltäckningsdirektivet (artikel 94.1 g) har det</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft31">införts en motsvarande bestämmelse i lagen om värdepappersmarknaden om</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">att den rörliga ersättningen till en anställd vars funktion eller totala</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">ersättningsnivå innebär att han eller hon kan ha en väsentlig inverkan på</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">ett värdepappersbolags riskprofil inte får vara större än den fasta ersätt-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">ningen (tidigare 8 kap. 8 e §, nuvarande 8 kap. 8 f §) (prop. 2013/14:228</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">s. <NOBR>180–186).</NOBR></P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p39 ft2">I värdepappersbolagsdirektivet finns det inte någon motsvarande kvan-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">titativ begränsning. Det anges i stället att medlemsstaterna ska säkerställa</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">att värdepappersföretagen i sin ersättningspolicy fastställer de aktuella kvo-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">terna med beaktande av värdepappersföretagets affärsverksamhet och där-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr2 td327"><P class="p18 ft2">med förenade risker samt den inverkan som de olika personalkategorierna</P></TD>
<TD class="tr2 td120"><P class="p16 ft2">161</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_162">
<P class="p497 ft2">Prop. 2020/21:173 har på värdepappersföretagets riskprofil (artikel 30.2). Det är personalkate- gorier som personer i ledande befattning, risktagare, personal som utövar kontrollfunktioner och alla anställda vars totala ersättning åtminstone är i nivå med den lägsta ersättningen för personer i ledande befattning eller risktagare, vars yrkesutövning har väsentlig inverkan på riskprofilen för värdepappersföretaget eller för de tillgångar som det förvaltar (arti- kel 30.1).</P>
<P class="p562 ft2">Enligt skälen i värdepappersbolagsdirektivet bör direktivet dock inte hindra medlemsstaterna från att i sin nationella lagstiftning införa åtgärder med strängare krav på värdepappersföretag när det gäller maximikvoten mellan de rörliga och de fasta ersättningsdelarna (skäl 25). Vidare bör direktivet inte heller hindra medlemsstaterna från att tillämpa denna maximikvot på alla eller särskilda typer av värdepappersföretag.</P>
<P class="p498 ft2">Emligt skälen i kapitaltäckningsdirektivet var motivet för införandet av maximikvoten mellan de fasta och rörliga delarna att undvika ett över- drivet risktagande (skäl 65). Det övergripande syftet med värdepappers- bolagsdirektivet är att regelverket om kapitaltäckning ska anpassas till värdepappersbolagens egenart och göras mer proportionerligt i förhållande till dessas storlek, tjänster och grad av komplexitet. Enligt skälen i värdepappersbolagsdirektivet kan en fast kvot mellan rörlig och fast ersättning påverka företagets förmåga att sänka ersättningen när intäkterna minskar och öka företagets fasta kostnadsbas (skäl 25). Detta skulle i sin tur kunna ge upphov till risker för företagets förmåga att klara perioder av ekonomisk nedgång eller minskade intäkter. Bedömningen har därför gjorts att det inte längre ska finnas en fastställd maximikvot på unionsnivå för värdepappersföretag. Det kan noteras att motsvarande ändring inte har gjorts i kapitaltäckningsdirektivet. Kvoten gäller således även i fortsätt- ningen för kreditinstitut.</P>
<P class="p692 ft2">Frågan är om det utifrån ett svenskt perspektiv kan finnas skäl att behålla maximikvoten. De argument för ett mer flexibelt system som anförs i skälen i värdepappersbolagsdirektivet, gör sig åtminstone till viss del gällande även i Sverige. Maximikvoten infördes dock för att undvika överdrivet risktagande, vilket är ett skäl som fortfarande har bärkraft. Enligt regeringens bedömning skulle värdepappersbolagen dessutom ha tillräckliga möjligheter att ge rörlig ersättning även om maximikvoten skulle gälla även i fortsättningen. Vid en avvägning av skälen för och emot att ta bort maximikvoten anser regeringen att det inte finns tillräckliga skäl för att nu ta bort den.</P>
<P class="p703 ft3">Krav när det gäller rörlig ersättning</P>
<P class="p662 ft2">I värdepappersbolagsdirektivet ställs det upp krav när det gäller rörlig ersättning som tilldelas och betalas av ett värdepappersföretag till de personalkategorier som omfattas av regelverket i fråga om rörlig ersättning (artikel 32). Även om reglerna i stor utsträckning stämmer överens med motsvarande regler i kapitaltäckningsdirektivet (artikel 94), som i svensk rätt har genomförts genom Finansinspektionens föreskrifter om ersättnings- system i kreditinstitut och värdepappersbolag, finns det vissa mindre skillnader i uttrycksätten, t.ex. när det gäller den rörliga ersättningens påverkan på kapitalbasen (artikel 32.1 d).</P>
<P class="p330 ft2">162</P>
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<DIV id="id_1">
<P class="p481 ft2">En annan skillnad är vissa tillägg för värdepappersbolagens del när det gäller vad den del av den rörliga ersättningen som ska utgöras av aktier eller andra instrument kan få bestå i (artikel 32.1 j och k i värdepappers- bolagsdirektivet). När det gäller uppskjutande av rörlig ersättning kan noteras att det genom ändringsdirektivet har gjorts ett par ändringar i kapitaltäckningsdirektivet i fråga om tidsperioden för uppskjutande (artikel 94.1 m). Motsvarande regler i värdepappersbolagsdirektivet (artikel 32.1 l) överensstämmer i stället med dem i kapitaltäcknings- direktivet i den tidigare lydelsen.</P>
<P class="p704 ft2">I förhållande till kapitaltäckningsdirektivet har det i värdepappers- bolagsdirektivet även gjorts några mindre justeringar när det gäller det som anges om att säkerställa att rörlig ersättning inte betalas ut på ett sätt som gör det enklare att kringgå regelverket (artikel 32.2 b) och beträffande en policy för uppskjuten utbetalning (artikel 32.3).</P>
<P class="p705 ft2">Liksom i dag bör kraven när det gäller rörlig ersättning i värdepappers- bolag regleras i myndighetsföreskrifter.</P>
<P class="p601 ft31">En mer betydande ändring jämfört med kapitaltäckningsdirektivet (i den tidigare lydelsen) är att vissa värdepappersföretag respektive anställda inte längre ska omfattas av reglerna om krav på utbetalning i aktier eller liknande av del av den rörliga ersättningen, om uppskjutande av utbetalning av rörlig ersättning och om utbetalning av diskretionära pensionsförmåner. Enligt värdepappersbolagsdirektivet (artikel 32.4 a) ska dessa regler inte tillämpas på ett värdepappersföretag vars värde av tillgångar inom och utanför balansräkningen i genomsnitt uppgår till högst 100 miljoner euro under den fyraårsperiod som föregår det aktuella räkenskapsåret.</P>
<P class="p597 ft2">Enligt värdepappersbolagsdirektivet (artikel 32.5) får en medlemsstat öka detta tröskelvärde under förutsättning att företaget uppfyller ett antal sär- skilt angivna kriterier. Ett av dessa är att det aktuella värdepappersföre- taget inte är ett av de tre största värdepappersföretagen i den medlemsstat där företaget är etablerat, sett till det totala värdet av tillgångar (artik- el 32.5 a). Vidare krävs att värdepappersföretaget inte omfattas av några skyldigheter eller omfattas av förenklade skyldigheter i fråga om planer för återhämtning och resolution i enlighet med krishanteringsdirektivet (artikel 32.5 b). Ytterligare förutsättningar är att storleken på värdepappers- företagets verksamhet i handelslagret respektive derivatverksamhet i och utanför balansräkningen uppgår till högst 150 miljoner euro respektive högst 100 miljoner euro (artikel 32.5 c och d). Tröskelvärdet får vidare inte överstiga 300 miljoner euro (artikel 32.5 e). En sista förutsättning är att det ska vara lämpligt att öka tröskelvärdet med beaktande av arten och omfattningen av företagets verksamhet, dess interna organisation och, i tillämpliga fall, särdragen hos den koncern som det tillhör (artikel 32.5 f).</P>
<P class="p706 ft2">Värdepappersbolagsdirektivet gör det vidare möjligt för en medlemsstat att i stället sänka tröskelvärdet (artikel 32.6). En förutsättning för detta är att det är lämpligt med hänsyn till arten och omfattningen av företagets verksamhet, dess interna organisation och, i tillämpliga fall, särdragen hos den koncern som det tillhör.</P>
<P class="p482 ft2">Från nämnda regler i värdepappersbolagsdirektivet undantas en person vars årliga rörliga ersättning inte överstiger 50 000 euro och inte utgör mer än en fjärdedel av vederbörandes totala årliga ersättning (artikel 32.4 b). Även i detta avseende är det möjligt för en medlemsstat att besluta att fler än vad som annars följer av direktivet ska omfattas av dessa ersättnings-</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">163</P>
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<P class="p558 ft2">Prop. 2020/21:173 regler. En medlemsstat får besluta att anställda som har rätt till en årlig</P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">rörlig ersättning, som understiger det aktuella tröskelvärdet och den aktu-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">ella andelen, inte ska omfattas av undantaget på grund av nationella mark-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">nadsegenskaper vad gäller ersättningspraxis eller på grund av den typ av</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft31">ansvarsområden och arbetsuppgifter som dessa personer har (artikel 32.7).</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p380 ft2">I gällande svensk rätt finns bestämmelserna om krav på utbetalning i</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">aktier eller liknande av del av den rörliga ersättningen, om uppskjutande</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">av utbetalning av rörlig ersättning och om utbetalning av diskretionära</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">pensionsförmåner i myndighetsföreskrifter. Det bör gälla även i fortsätt-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">ningen.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p380 ft2">Enligt Finansinspektionens föreskrifter om ersättningssystem i kredit-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">institut och värdepappersbolag (4 kap. 6 §) ska ett företag se till att minst</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">40 procent av den rörliga ersättningen till anställda vars arbetsuppgifter</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">har en väsentlig inverkan på företagets riskprofil, vars rörliga ersättning</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">under ett år uppgår till minst 100 000 kronor, skjuts upp minst tre till</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">fem år innan den betalas ut eller äganderätten går över på den anställde.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft31">Den i föreskrifterna angivna beloppsgränsen är ett utslag av en tillämpning</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">av proportionalitetsprincipen och infördes för att ytterligare underlätta en</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">enhetlig och ändamålsenlig tillämpning (Finansinspektionens besluts-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">promemoria <NOBR>2011-02-17,</NOBR> FI dnr <NOBR>10-9254,</NOBR> s. 13). Företaget ska vidare</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">skjuta upp minst 60 procent av den rörliga ersättningen för dels anställda i</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">den verkställande ledningen, dels andra anställda vars arbetsuppgifter har</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">en väsentlig inverkan på företagets riskprofil, som har rörliga ersättnings-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">delar på ett särskilt högt belopp. Kravet på att viss utbetalning av ersättning</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">sker i form av aktier eller andra instrument gäller för företag som är</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">betydande (4 kap. 7 §).</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p380 ft2">Regeringen anser att det i och för sig framstår som lämpligt att utnyttja</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">den möjlighet som värdepappersbolagsdirektivet ger att vid behov öka</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">respektive sänka tröskelvärdet och att besluta att färre anställda ska</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">omfattas av undantaget. På så sätt åstadkoms ett flexibelt regelverk som i</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">större utsträckning kan anpassas till riskerna i det konkreta fallet. Det framstår</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">emellertid inte som helt klart hur direktivet ska tolkas i detta avseende.</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">I direktivet anges att en medlemsstat får öka tröskelvärdet förutsatt att</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">värdepappersföretaget uppfyller vissa kriterier (artikel 32.5). Det kan enligt</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">regeringens uppfattning tolkas som att avsikten är att en medlemsstat</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">genom föreskrifter (antingen i lag eller på lägre nivå än lag) kan fastställa</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">ett högre tröskelvärde för vissa värdepappersföretag. Det är i fem fall</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">fråga om rent objektiva kriterier (artikel 32.5 <NOBR>a–e),</NOBR> som lämpar sig för</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">generella föreskrifter. Det sista kriteriet är dock av en annan karaktär</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">(artikel 32.5 f). Som redovisas ovan innebär det att det ska vara lämpligt</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">att öka tröskelvärdet med beaktande av arten och omfattningen av före-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">tagets verksamhet, dess interna organisation och, i tillämpliga fall, sär-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">dragen hos den koncern som det tillhör. Motsvarande förutsättningar anges</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">även när det gäller möjligheten för medlemsstaterna att sänka tröskel-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">värdet (artikel 32.6). I dessa fall synes det således vara fråga om en</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">lämplighetsbedömning, knuten till det enskilda företaget. Att ett höjt eller</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">sänkt tröskelvärde ska gälla för ett värdepappersbolag kan med en sådan</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">tolkning därför inte följa direkt av en tillämpning av föreskrifter, utan</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">förutsätter en prövning i det enskilda fallet. Enligt regeringens bedömning</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft31">bör en sådan prövning göras av Finansinspektionen. Det framstår som lämp-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p278 ft2">164</P></TD>
<TD class="tr4 td243"><P class="p279 ft2">ligt att denna befogenhet regleras genom förordning. De kriterier som ska</P></TD>
</TR>
</TABLE>
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<P class="p329 ft2">beaktas vid en sådan prövning bör regleras i bestämmelser i föreskrifter på Prop. 2020/21:173 lägre nivå än lag utifrån reglerna i värdepappersbolagsdirektivet. Sådana</P>
<P class="p14 ft2">föreskrifter kan meddelas med stöd av det bemyndigande som föreslås i avsnitt</P>
<P class="p707 ft2"><SPAN class="ft2">10.2.</SPAN><SPAN class="ft17">I sammanhanget ska noteras att Eba, i samråd med Esma, ska utfärda riktlinjer för att underlätta genomförandet av undantagen och se till att de tillämpas på ett enhetligt sätt (artikel 32.9).</SPAN></P>
<P class="p89 ft2">När det gäller undantaget i värdepappersbolagsdirektivet i fråga om anställda (artikel 32.7) är utformningen av mer generell karaktär genom att det inte anges någon särskild lämplighetsprövning. I detta avseende bör frågan regleras genom föreskrifter på lägre nivå än lag.</P>
<P class="p284 ft3">Ersättningar på fondområdet</P>
<P class="p708 ft2"><SPAN class="ft3">Fondbolagens förening </SPAN>önskar att det undantag från bl.a. regler om utbetalning av ersättningar i värdepappersbolag som föreslås med anled- ning av genomförandet av värdepappersbolagsdirektivet samtidigt bör införas för fondbolag och <NOBR>AIF-förvaltare.</NOBR> Regeringen konstaterar att denna fråga inte ryms inom ramen för detta lagstiftningsärende.</P>
<P class="p668 ft18"><SPAN class="ft76">10.5</SPAN><SPAN class="ft92">Ersättningskommitté</SPAN></P>
<P class="p709 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Värdepappersbolagsdirektivets regler om en ersättningskommitté bör genomföras genom föreskrifter på lägre nivå än lag.</P>
<P class="p710 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm- ning.</P>
<P class="p89 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända mot den.</P>
<P class="p92 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">Liksom i kapitaltäcknings- direktivet (artikel 95) innehåller värdepappersbolagsdirektivet regler med krav på vissa värdepappersföretag att inrätta en ersättningskommitté (artikel 33). Kapitaltäckningsdirektivets krav i detta avseende är i svensk rätt genomfört genom myndighetsföreskrifter, där bestämmelser om ersättningskommitté finns i Finansinspektionens föreskrifter om ersätt- ningssystem i kreditinstitut och värdepappersbolag (3 kap. 3 §).</SPAN></P>
<P class="p420 ft2">För värdepappersbolagens del innebär det nya regelverket en ändring beträffande vilka bolags som omfattas av skyldigheten att inrätta en ersättningskommitté. Medan kravet enligt kapitaltäckningsdirektivet gäller för institut som är betydande i fråga om storlek, intern organisation och verksamhetens art, omfattning och komplexitet, anges i värdepappers- bolagsdirektivet ett konkret tröskelvärde, nämligen tillgångar inom och utanför balansräkningen som i genomsnitt överstiger 100 miljoner euro under den fyraårsperiod som föregår det aktuella räkenskapsåret.</P>
<P class="p438 ft2">En annan skillnad är att det i värdepappersbolagsdirektivet anges att ersättningskommittén ska vara könsbalanserad. Vidare ska kommittén när den förbereder beslut, utöver att beakta de intressen som också anges i kapitaltäckningsdirektivet, dvs. de långsiktiga intressena för värde- pappersföretagets aktieägare, investerare och övriga intressenter, även ta</P>
<P class="p14 ft66">hänsyn till allmänintresset.</P>
<P class="p539 ft2">165</P>
</DIV>
<DIV id="page_166">
<P class="p605 ft2">Prop. 2020/21:173 De ändringar som det nya regelverket innebär för värdepappersbolagens del är inte av sådant slag att det är nödvändigt med reglering i lag. Frågan om inrättande av en ersättningskommitté bör därför även i fortsättningen regleras genom föreskrifter på lägre nivå än lag. Sådana föreskrifter kan meddelas med stöd av det bemyndigande som föreslås i avsnitt 10.2.</P>
<TABLE cellpadding=0 cellspacing=0 class="t98">
<TR>
<TD class="tr0 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr0 td24"><P class="p611 ft93">11</P></TD>
<TD class="tr0 td317"><P class="p18 ft1">Tillsyn</P></TD>
</TR>
<TR>
<TD class="tr42 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr42 td24"><P class="p711 ft76">11.1</P></TD>
<TD class="tr42 td317"><P class="p18 ft18">Allmänt om de behöriga myndigheterna</P></TD>
</TR>
<TR>
<TD class="tr8 td61"><P class="p18 ft9"> </P></TD>
<TD colspan=2 class="tr37 td318"><P class="p18 ft85"> </P></TD>
</TR>
<TR>
<TD class="tr16 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td320"><P class="p78 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Det följer redan av gällande rätt att Finans-</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p78 ft2">inspektionen ska ha de resurser och det oberoende som krävs för att</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p78 ft2">bedriva tillsyn enligt värdepappersbolagsförordningen och värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">pappersbolagsdirektivet.</P></TD>
</TR>
<TR>
<TD class="tr38 td319"><P class="p18 ft86"> </P></TD>
<TD colspan=2 class="tr39 td321"><P class="p18 ft87"> </P></TD>
</TR>
<TR>
<TD class="tr3 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr3 td103"><P class="p35 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm-</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td24"><P class="p18 ft2">ning.</P></TD>
<TD class="tr5 td317"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p35 ft2"><SPAN class="ft22">Remissinstanserna: </SPAN>Flertalet remissinstanser tillstyrker bedömningen</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">eller har inget att invända mot den. <SPAN class="ft3">Sveriges advokatsamfund </SPAN>framhåller</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">att den nya regleringen ökar komplexiteten i det finansiella regelverket</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">samt att Finansinspektionen på flera punkter föreslås få fatta beslut om</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">vilka regler ett enskilt institut ska tillämpa, där kriterierna för sådana beslut</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">är synnerligen vaga och ingen vägledning ges i förslaget om hur inspek-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">tionen ska gå till väga för att avgöra hur reglerna ska tillämpas på olika</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft31">institut. Advokatsamfundet lyfter fram att Finansinspektionens tjänstemän</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">inte längre har mer adekvat eller bättre utbildning än företrädarna och</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">beslutsfattarna för instituten samt att många av inspektionens tjänstemän</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">på grund av hög personalomsättning har mycket begränsad erfarenhet.</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft31">Advokatsamfundet menar att det rådande förhållandet har medfört kraftiga</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">variationer i inspektionens praxis. Advokatsamfundet framhåller också att</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">Finansinspektionen, till skillnad från utländska tillsynsmyndigheter</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft31">vanligen inte meddelar praxisändringar på ett offentligt sätt till alla institut,</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">även när ändringen beror på att en tidigare felaktig regeltillämpning</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">korrigeras, utan begränsar sig till att kommunicera förändringen i enskilda</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">ärenden. Enligt Advokatsamfundet finns det således betydande</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">utmaningar för Finansinspektionen att tillämpa regelverken på ett korrekt,</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">konsekvent och förutsägbart sätt i enlighet med regeringsformens krav att</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">offentlig maktutövning ska vara normbunden, saklig och med respekt för</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">allas likhet inför lagen. Advokatsamfundet framhåller att Finansinspek-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">tionens beslut ofta får stor verkan på institutens verksamhet, eftersom det</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">kan ta lång tid att få ett beslut ändrat i domstol och Finansinspektionen</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">regelmässigt utan närmare motivering beslutar att dess beslut ska gälla</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">omedelbart när detta formellt är möjligt. Advokatsamfundet menar att det</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">är av mycket stor vikt att Finansinspektionens beslut blir rätt och att</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">lagstiftningen därför bör utformas så att den närmare anger hur</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">Finansinspektionen ska fatta beslut och styr Finansinspektionen än vad</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">som är fallet i det remitterade förslaget. Enligt Advokatsamfundet kan det</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr3 td61"><P class="p594 ft2">166</P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">exempelvis införas hårdare krav på motivering av beslut, mer omfattande</P></TD>
</TR>
<TR>
<TD class="tr40 td24"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td317"><P class="p18 ft88"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_167">
<DIV>
<DIV id="id_1">
<P class="p191 ft2">och formaliserade krav på samråd och konsultation samt regler om att besluten inte får verkställas innan de har fått laga kraft eller överprövats av domstol eller t.ex. särskild prövningsnämnd inom myndigheten. Advo- katsamfundet anser att Finansinspektionens förmåga att korrekt hantera det allt mer komplexa regelverket behöver stärkas genom en fastare nor- mativ styrning av dess verksamhet.</P>
<P class="p603 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">Enligt värdepappersbolags- direktivet ska medlemsstaterna utse en eller flera behöriga myndigheter som ska utföra de uppgifter som framgår av direktivet och värdepappers- bolagsförordningen (artikel 4.1). I avsnitt 6.5 föreslås att Finansinspek- tionen ska vara behörig myndighet med ansvar för dessa uppgifter.</SPAN></P>
<P class="p192 ft2">I värdepappersbolagsdirektivet finns även generella regler om att med- lemsstaterna ska säkerställa dels att de behöriga myndigheterna utövar tillsyn över värdepappersföretagens verksamhet (och i tillämpliga fall även över de värdepappersinriktade holdingföretagens och de blandade finan- siella holdingföretagens verksamhet) för att bedöma efterlevnaden av kraven i regelverket, dels att myndigheterna har alla nödvändiga befogen- heter för detta ändamål och för att utreda eventuella överträdelser av kraven (artikel 4.2 och 4.3). Motsvarande regler finns i kapitaltäcknings- direktivet (artikel 4.2 och 4.3). Medlemsstaterna ska enligt värdepappers- bolagsdirektivet kräva att värdepappersföretagen förser de behöriga myndigheterna med all information som behövs för att de ska kunna bedöma om företagen följer dels de nationella bestämmelser som inför- livar direktivet, dels värdepappersbolagsförordningen (artikel 4.5 första meningen). Motsvarande regler finns i kapitaltäckningsdirektivet (artikel 4.5 första meningen).</P>
<P class="p712 ft2">Medlemsstaterna ska säkerställa att de behöriga myndigheterna har den sakkunskap, de resurser, den operativa kapacitet, de befogenheter och det oberoende som krävs för att utföra de funktioner avseende tillsyn, utred- ning och sanktioner som fastställs i direktivet (artikel 4.4). Det motsvarar det som gäller enligt kapitaltäckningsdirektivet (artikel 4.4). När kapital- täckningsdirektivet genomfördes i svensk rätt konstaterades i förarbetena att kravet på att en behörig myndighet ska ha de medel och resurser som krävs ytterst riktar sig mot riksdagen som enligt regeringsformen beslutar om statens budget och storleken på de anslag som respektive myndighet ska få (9 kap. 1 §). Någon särskild genomförandeåtgärd i lag för att upp- fylla direktivets krav i denna del ansågs därför inte krävas. Vidare gjordes bedömningen att kravet på Finansinspektionens oberoende vid utövandet av sina tillsynsuppgifter är tillräckligt uppfyllt genom bestämmelsen om förvaltningsmyndigheters självständighet enligt regeringsformen (se prop. 2013/14:228 s. 193 f.). Det saknas anledning att göra någon annan bedömning i detta lagstiftningsärende. I dessa avseenden krävs det således inte några lagstiftningsåtgärder för att genomföra värdepappersbolags- direktivet.</P>
<P class="p713 ft2">Det regelverk Finansinspektionen har att tillämpa är komplext och tekniskt komplicerat. Finansinspektionen är dock en myndighet med hög utbildnings- och kompetensnivå hos medarbetarna. Mot bakgrund av det som anförs ovan bedömer regeringen att Finansinspektionen har de förutsättningar som krävs för att möta de utmaningar som <SPAN class="ft3">Sveriges advokatsamfund </SPAN>lyfter fram när det gäller tillämpningen av regelverket. När det gäller Advokatsamfundets förslag till fastare normativ styrning av</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">167</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_168">
<DIV id="p168dimg1">
<INGENBILD zsrc="H803173168x1.jpg/" id="p168img1">
</DIV>
<DIV id="id_1">
<P class="p189 ft2">Prop. 2020/21:173 Finansinspektionen, t.ex. i form av ökade krav på beslutsmotivering, konstaterar regeringen att det är en fråga som inte ryms inom ramen för detta lagstiftningsärende.</P>
</DIV>
<DIV id="id_2">
<DIV id="id_2_1">
<P class="p14 ft2">168</P>
</DIV>
<DIV id="id_2_2">
<P class="p714 ft18"><SPAN class="ft76">11.2</SPAN><SPAN class="ft91">Administrativa förfaranden för kontroll av att reglerna följs</SPAN></P>
<P class="p715 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Reglerna i värdepappersbolagsdirektivet om administrativa förfaranden för kontroll av att värdepappersföretag följer de nationella bestämmelser som genomför direktivet och värdepappers- bolagsförordningen bör genomföras genom föreskrifter på lägre nivå än lag.</P>
<P class="p716 ft22">Utredningens förslag och bedömning <SPAN class="ft2">överensstämmer med rege- ringens bedömning.</SPAN></P>
<P class="p717 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget och bedömningen eller har inget att invända mot dem.</P>
<P class="p69 ft35">Skälen för regeringens bedömning: <SPAN class="ft31">Värdepappersföretag ska enligt värdepappersbolagsdirektivet ha interna kontrollrutiner, administrativa förfaranden och redovisningsförfaranden som gör det möjligt för de behöriga myndigheterna att när som helst kontrollera att de nationella bestämmelser som införlivar direktivet samt värdepappersbolagsförord- ningen följs (artikel 4.5 andra meningen). Medlemsstaterna ska säkerställa att värdepappersföretagen registrerar alla transaktioner och dokumenterar de system och processer som omfattas av direktivet och värdepappersbolags- förordningen på ett sådant sätt att myndigheterna alltid kan bedöma efter- levnaden av detta regelverk (artikel 4.6). Motsvarande regler finns i kapitaltäckningsdirektivet (artikel 4.5 andra meningen och 4.6).</SPAN></P>
<P class="p718 ft2">När kapitaltäckningsdirektivet genomfördes i svensk rätt konstaterades i förarbetena att det i lagen om värdepappersmarknaden (8 kap. 4 §) ställs krav på instituten att ha en tillfredsställande intern kontroll samt att de ska kunna identifiera, mäta, styra och internt rapportera och ha kontroll över de risker som dess rörelse är förknippad med. Vidare konstaterades att regeringen eller den myndighet som regeringen bestämmer får meddela föreskrifter om vilka åtgärder som instituten ska vidta för att uppfylla lagens krav på riskhantering. Bedömningen gjordes att de nya krav som kapitaltäckningsdirektivet ställer upp i dessa avseenden borde, inom ramen för befintliga bemyndiganden, genomföras genom föreskrifter på lägre nivå än lag (prop. 2013/14:228 s. 206).</P>
<P class="p719 ft2">Det kan konstateras att det i reglerna om intern styrning i värdepappers- bolagsdirektivet ställs upp krav på att värdepappersföretag ska ha tillfreds- ställande metoder för intern kontroll, inbegripet sunda administrations- och redovisningsrutiner (artikel 26.1 första stycket c, se avsnitt 9.2).</P>
<P class="p192 ft31">I lagen om värdepappersmarknaden finns en bestämmelse om dokumen- tation av utförda tjänster enligt vilken ett värdepappersinstitut ska dokumen- tera all investeringsverksamhet och samtliga investeringstjänster, sidotjäns- ter och transaktioner som det har genomfört (8 kap. 16 §). Dokumenta- tionen ska göras så att Finansinspektionen har möjlighet att övervaka att institutet har iakttagit kraven i den lagen och Europaparlamentets och</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_169">
<DIV>
<DIV id="id_1">
<P class="p598 ft2">rådets förordning (EU) nr 600/2014 av den 15 maj 2014 om marknader för finansiella instrument och om ändring av förordning (EU) nr 648/2012 (förkortad MiFIR) och i föreskrifter som har meddelats med stöd av lagen. Dokumentationen ska också göras så att Finansinspektionen har möjlighet att övervaka att Europaparlamentets och rådets förordning (EU) nr 596/2014 av den 16 april 2014 om marknadsmissbruk (marknads- missbruksförordning) och om upphävande av Europaparlamentets och rådets direktiv 2003/6/EG och kommissionens direktiv 2003/124/EG, 2003/125/EG och 2004/72/EG, i det följande benämnd EU:s marknads- missbruksförordning. I lagen om värdepappersmarknaden finns även närmare bestämmelser om på vilket sätt dokumentationen ska ske (8 kap. <NOBR>17–20</NOBR> §§). Den ovan nämnda bestämmelsen i lagen omfattar däremot inte, som redovisas ovan, dokumentation av utförda tjänster, dokumentsystem och dokumentprocesser och syftar inte heller till att möjliggöra övervakning av att kraven i tillsynsförordningen följs.</P>
<P class="p604 ft2">Tidigare fanns föreskrifter om hur värdepappersinstitut ska organisera sin verksamhet i Finansinspektionens föreskrifter (FFFS 2007:16) om värde- pappersrörelse (upphävda den 3 januari 2018). Där föreskrevs att ett värde- pappersföretag skulle ha aktuella riktlinjer och rutiner för sin redovisning som gör det möjligt för företaget att på begäran från Finansinspektionen, i rimlig tid, lämna finansiella rapporter som dels ger en rättvisande bild av företagets finansiella ställning, dels överensstämmer med alla tillämpliga redovisningsstandarder och redovisningsregler (6 kap. 4 §). I samband med genomförandet av MiFID II ersattes dessa föreskrifter av Finans- inspektionens föreskrifter (FFFS 2017:2) om värdepappersrörelse. Be- stämmelsen om riktlinjer och rutiner för redovisning fördes inte över till de nya föreskrifterna. Skälet för detta var att en motsvarande bestämmelse infördes genom en delegerad förordning till MiFID II (Finansinspek- tionens beslutspromemoria <NOBR>2017-06-26,</NOBR> FI Dnr <NOBR>15-1725</NOBR> s. 13 f. och 83 samt artikel 21.4 i kommissionens delegerade förordning (EU) 2017/565 av den 25 april 2016 om komplettering av Europaparlamentets och rådets direktiv 2014/65/EU vad gäller organisatoriska krav och villkor för verksamheten i värdepappersföretag, och definitioner för tillämpning av det direktivet).</P>
<P class="p720 ft2">Enligt Finansinspektionens föreskrifter (FFFS 2014:12) om tillsynskrav och kapitalbuffertar ska ett företag dokumentera de uppgifter som är underlag för rapportering till Finansinspektionen på ett sätt som möjliggör kontroll vid varje tidpunkt (7 kap. 3 §). Föreskrifterna innehåller i övrigt inga krav på registrering av transaktioner och processer i syfte att göra det möjligt för de behöriga myndigheterna att bedöma att regelverket följs.</P>
<P class="p603 ft31">Regeringen anser att de krav som föreskrivs i värdepappersbolags- direktivet i detta avseende inte av sådan karaktär att det är nödvändigt med reglering i lag. Reglerna i direktivet bör därför genomföras i svensk rätt genom föreskrifter på lägre nivå. Regeringen eller den myndighet som regeringen bestämmer får enligt lagen om värdepappersmarknaden med- dela föreskrifter om vilka åtgärder ett värdepappersbolag ska vidta för att uppfylla de krav på soliditet och likviditet, riskhantering och genom- lysning samt riktlinjer och instruktioner som avses i den lagen (8 kap. 35 §). De nu aktuella reglerna i värdepappersbolagsdirektivet gäller för- faranden för dokumentation som ett värdepappersföretag ska ha för att det ska vara möjligt för den behöriga myndigheten att kontrollera att företaget</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">169</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_170">
<P class="p605 ft2">Prop. 2020/21:173 följer regelverket. Enligt regeringens uppfattning bör det även i det fallet anses som krav på riskhantering och genomlysning. Föreskrifter om administrativa förfaranden och dokumentation kan därmed meddelas med stöd av det befintliga bemyndigandet i lagen om värdepappersmarknaden.</P>
<TABLE cellpadding=0 cellspacing=0 class="t89">
<TR>
<TD class="tr19 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr19 td24"><P class="p711 ft76">11.3</P></TD>
<TD class="tr19 td317"><P class="p18 ft18">Befogenhet att kräva information och utföra</P></TD>
</TR>
<TR>
<TD class="tr33 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td317"><P class="p18 ft18">platsundersökningar</P></TD>
</TR>
<TR>
<TD class="tr8 td61"><P class="p18 ft9"> </P></TD>
<TD colspan=2 class="tr37 td318"><P class="p18 ft85"> </P></TD>
</TR>
<TR>
<TD class="tr2 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td320"><P class="p43 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Finansinspektionen ska få inhämta upplysningar</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td24"><P class="p43 ft2">även från</P></TD>
<TD class="tr4 td330"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">– företag som står under tillsyn enligt artikel 7 i värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p158 ft2">förordningen,</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">– företag som ingår i en värdepappersföretagskoncern som omfattas</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p158 ft2">av ett beslut enligt artikel 8 i värdepappersbolagsförordningen,</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">– samtliga dotterföretag till ett värdepappersinriktat holdingföretag,</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">– företag som fått i uppdrag av ett sådant företag att utföra ett visst</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p158 ft2">arbete eller vissa funktioner,</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">– anställda i värdepappersinriktade holdingföretag, och</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">– anställda i företag som av ett värdepappersinriktat holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p158 ft2">fått i uppdrag att utföra visst arbete eller vissa funktioner.</P></TD>
</TR>
<TR>
<TD class="tr6 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr6 td320"><P class="p43 ft2">Finansinspektionen ska få göra platsundersökningar även hos värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">papperinriktade holdingföretag, företag som av ett sådant holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">företag fått i uppdrag att utföra visst arbete eller vissa funktioner och</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">företag som omfattas av Finansinspektionens tillsyn över att kraven i</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">artikel 7 i värdepappersbolagsförordningen eller villkoren i grupp-</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">kapitaltestet är uppfyllda.</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p593 ft2">Det ska i lagen om värdepappersmarknaden förtydligas att Finans-</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">inspektionen innan den genomför en undersökning hos ett utländskt</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">värdepappersföretag hemmahörande i ett land inom EES som inrättat</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">filial i Sverige är skyldig att samråda med behörig myndighet i före-</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">tagets hemland.</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p593 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Finansinspektionen är enligt gällande rätt</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">skyldig att efter en undersökning hos ett utländskt värdepappersföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">hemmahörande inom EES som inrättat filial i Sverige underrätta</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">behörig myndighet i företagets hemland.</P></TD>
</TR>
<TR>
<TD class="tr40 td319"><P class="p18 ft88"> </P></TD>
<TD colspan=2 class="tr38 td321"><P class="p18 ft86"> </P></TD>
</TR>
<TR>
<TD class="tr20 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr20 td103"><P class="p593 ft22">Utredningens förslag och bedömning <SPAN class="ft2">överensstämmer med rege-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">ringens förslag och bedömning. Utredningens förslag har dock en annan</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">lagteknisk utformning.</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p593 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget och bedömningen eller har</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">inget att invända mot dem.</P></TD>
</TR>
<TR>
<TD class="tr42 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr42 td103"><P class="p18 ft22">Skälen för regeringens förslag och bedömning</P></TD>
</TR>
<TR>
<TD class="tr20 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr20 td103"><P class="p18 ft3">Upplysningar från juridiska och fysiska personer</P></TD>
</TR>
<TR>
<TD class="tr20 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr20 td103"><P class="p18 ft2">Värdepappersbolagsdirektivet innehåller både allmänna och specifika</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">regler om de befogenheter som de behöriga myndigheterna ska ha och</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft31">värdepappersföretagens skyldighet att förse myndigheterna med all informa-</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr3 td61"><P class="p594 ft2">170</P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft31">tion som behövs för att bedöma att de följer regelverket (artiklarna 4, 19 och</P></TD>
</TR>
<TR>
<TD class="tr40 td24"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td317"><P class="p18 ft88"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_171">
<DIV>
<DIV id="id_1">
<P class="p598 ft2">53). I princip motsvarande reglering finns i kapitaltäckningsdirektivet (artiklarna 65.3 a och 122). Dessa befogenheter innebär att de behöriga myndigheterna ska kunna ålägga ett antal uppräknade juridiska och fysiska personer att lämna uppgifter till myndigheten.</P>
<P class="p601 ft2">Enligt tillsynslagen är företag som står under tillsyn av Finansinspek- tionen utifrån sin konsoliderade situation enligt den lagen eller enligt en utländsk offentlig reglering som bygger på kapitaltäckningsdirektivet skyldiga att lämna upplysningar till inspektionen (6 kap. 1 § första stycket 1). Även företag som står under tillsyn enligt artikel 7 i värde- pappersbolagsförordningen eller ingår i en värdepappersföretagskoncern som omfattas av ett beslut enligt artikel 8 i värdepappersbolagsförord- ningen bör omfattas av upplysningsskyldigheten (se avsnitt 9.3).</P>
<P class="p721 ft2">En skillnad i förhållande till kapitaltäckningsdirektivet (artikel 65.3 a) är att det i uppräkningen i värdepappersbolagsdirektivet (artikel 19 a ii) över upplysningsskyldiga företag även anges värdepappersinriktade holdingföretag som är etablerade i den berörda medlemsstaten. Sådana företag kommer att omfattas av upplysningsskyldigheten enligt den ovan nämnda bestämmelsen i tillsynslagen. Även andra dotterföretag till ett institut eller ett finansiellt holdingföretag eller ett blandat finansiellt holdingföretag än de som avses i den bestämmelsen är upplysnings- skyldiga (6 kap. 1 § första stycket 2). Det bör gälla även i fråga om samtliga dotterföretag till ett värdepappersinriktat holdingföretag.</P>
<P class="p721 ft2">Liksom enligt kapitaltäckningsdirektivet (artikel 65.3 a vi) ska upplys- ningsskyldigheten enligt värdepappersbolagsdirektivet (artikel 19 a vi) gälla även för sådana företag som fått i uppdrag av ett företag, som i sin tur är upplysningsskyldigt, att utföra ett visst arbete eller vissa funktioner. Enligt värdepapperbolagsdirektivet ska detta gälla även när uppdraget ges av ett värdepappersinriktat holdingföretag. Det innebär att även sådana företag bör vara upplysningsskyldiga enligt tillsynslagen (6 kap. 1 § första stycket 5).</P>
<P class="p597 ft2">I värdepappersbolagsdirektivet exemplifieras vilka befogenheter myn- digheterna ska ha för att genomföra alla nödvändiga utredningar (arti- kel 19 b). Uppräkningen motsvarar med någon skillnad i uttryckssätten mot- svarande uppräkning i kapitaltäckningsdirektivet (artikel 65.3 b). När kapitaltäckningsdirektivet genomfördes i svensk rätt infördes en bestäm- melse i lagen om värdepappersmarknaden om att Finansinspektionen även får begära upplysningar direkt av personer som är anställda i bl.a. värde- pappersinstitut eller företag som avses i ovan nämnda bestämmelse i tillsynslagen (23 kap. 2 § fjärde stycket, se även prop. 2013/14:228</P>
<P class="p722 ft2"><SPAN class="ft2">s.</SPAN><NOBR><SPAN class="ft17">194–196).</SPAN></NOBR> Enligt värdepappersbolagsdirektivet ska även företrädare eller personal i värdepappersinriktade holdingföretag vara skyldiga att lämna upplysningar. Detsamma gäller företrädare eller personal i företag som av ett värdepappersinriktat holdingföretag fått i uppdrag att utföra visst arbete eller vissa funktioner (artikel 19 a ii, v och vi och 19 b). Genom de ändringar i tillsynslagen som föreslås ovan kommer detta att bli följden och någon ytterligare lagstiftningsåtgärd krävs därför inte.</P>
<P class="p602 ft2">Finansinspektionens rätt att inhämta upplysningar anses även omfatta en rätt att ta del av och få ut dokument (jfr prop. 2004/05:142 s. 116 och 2013/14:228 s. 195). Därmed tillgodoses även det kravet i värdepappers- bolagsdirektivet (artikel 19 b).</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">171</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_172">
<DIV>
<DIV id="id_1">
<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">172</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft3">Platsundersökningar</P>
<P class="p723 ft2">Liksom enligt kapitaltäckningsdirektivet (artikel 65.3 c) ska de behöriga myndigheterna enligt värdepappersbolagsdirektivet (artikel 19 c) ha rätt att utföra platsundersökningar hos de företag som omfattas av den upplys- ningsskyldighet som redogörs för ovan. Enligt värdepappersbolags- direktivet ska de behöriga myndigheterna även ha rätt att genomföra inspektioner för att kontrollera de uppgifter som lämnats av holdingföretag med blandad verksamhet och deras dotterföretag (artikel 53.2). Mot- svarande regler finns i kapitaltäckningsdirektivet (artikel 122.2).</P>
<P class="p696 ft2">De ovan nämnda reglerna i kapitaltäckningsdirektivet har i svensk rätt genomförts i en bestämmelse i tillsynslagen om att Finansinspektionen, när inspektionen anser att det behövs för tillsynen, får göra undersökningar hos de slag av företag som räknas upp i bestämmelsen (6 kap. 8 §, se prop. 2013/14:228 s. <NOBR>194–196).</NOBR> Även värdepappersinriktade holdingföretag bör ingå i den uppräkningen (6 kap. 8 § 1). Finansinspektionen kommer då även att få utföra undersökningar hos företag som har fått i uppdrag av ett värdepappersinriktat holdingföretag att utföra ett visst arbete eller vissa funktioner (6 kap. 8 § 2).</P>
<P class="p724 ft31">Enligt tillsynslagen får Finansinspektionen även utföra undersökningar hos företag som ingår i en grupp som inspektionen ska utöva tillsyn över (6 kap. 8 § 3, som hänvisar till 4 kap. 1 §)<SPAN class="ft94">. </SPAN>I avsnitt 11.5 föreslås att det ska införas bestämmelser i tillsynslagen om att Finansinspektionen i fråga om att värdepappersföretagskoncerner ska utöva tillsyn över att kraven i värde- pappersbolagsförordningen (artikel 7) eller att villkoren i gruppkapitaltestet (artikel 8) är uppfyllda. Bestämmelsen om platsundersökningar i tillsyns- lagen bör anpassas så att Finansinspektionen får göra undersökningar även hos företag som ingår i sådana värdepappersföretagskoncerner.</P>
<P class="p725 ft2">Enligt värdepappersbolagsdirektivet ska värdmedlemsstatens behöriga myndigheter ha befogenhet att utföra inspektioner hos och kräva inform- ation hos ett värdepappersföretags filial inom dess territorium (artikel 14.2). Motsvarande regler finns i kapitaltäckningsdirektivet (artikel 52.3). Bestäm- melserna om tillsyn i lagen om värdepappersmarknaden (23 kap.) ger redan i dag Finansinspektionen rätt att genomföra undersökningar och begära upplysningar från utländska företag som har tillstånd att driva verksamhet från filial i Sverige. Den behöriga myndigheten i värdmedlemsstaten ska enligt värdepappersbolagsdirektivet dels innan den utför en sådan inspek- tion samråda med hemmedlemsstatens behöriga myndigheter, dels efter inspektionen till samma myndigheter ska lämna information som erhållits (artikel 14.2). Enligt tillsynslagen ska Finansinspektionen i sin tillsynsverksamhet samarbeta och utbyta information med andra behöriga myndigheter i den utsträckning som följer av Sveriges medlemskap i EU (6 kap. 3 §). Vid genomförandet av kapitaltäckningsdirektivet konsta- terades att även om Finansinspektionen enligt gällande rätt är skyldig att samarbeta och utbyta information, blir regleringen av rätten att vidta inspektioner tydligare om den nya samrådsskyldigheten om inspektion av filialer till kreditinstitut hemmahörande inom EES framgår av lag (prop. 2013/14:228 s. 214 f.). En sådan samrådsskyldighet infördes i lagen om bank- och finansieringsrörelse (13 kap. 4 § andra stycket). Vidare konstaterades att behöriga myndigheters skyldighet att efter inspektionen utbyta information med motsvarande myndigheter i andra länder ryms</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_173">
<DIV id="p173dimg1">
<INGENBILD zsrc="H803173173x1.jpg/" id="p173img1">
</DIV>
<P class="p329 ft2">inom gällande rätt. Någon motsvarande bestämmelse om samrådsskyldighet Prop. 2020/21:173 infördes dock inte i lagen om värdepappersmarknaden. Värdepappers- bolagsdirektivet, liksom kapitaltäckningsdirektivet, ställer i detta samman-</P>
<P class="p707 ft2">hang upp ett konkret krav på samråd. Regeringen anser att regleringen blir tydligare om det även i lagen om värdepappersmarknaden förs in en bestämmelse som motsvarar den i lagen om bank- och finansierings- rörelse.</P>
<P class="p89 ft2">I värdepappersbolagsdirektivet anges att innan värdmedlemsstatens behöriga myndigheter utför kontroller och inspektioner ska de utan dröjs- mål samråda med hemmedlemsstatens behöriga myndigheter (artikel 14.2 andra stycket). Det bör enligt regeringens uppfattning förstås som att när fråga uppkommer om att genomföra en inspektion, ska behörig myndighet i värdmedlemsstaten utan dröjsmål samråda med behörig myndighet i hemmedlemsstaten. Det är dock inte nödvändigt att detta skyndsamhets- krav kommer till direkt uttryck i lag.</P>
<P class="p607 ft18"><SPAN class="ft76">11.4</SPAN><SPAN class="ft92">Hur tillsynen ska utövas</SPAN></P>
<P class="p709 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Reglerna i värdepappersbolagsdirektivet om översyn och utvärdering bör genomföras i föreskrifter på förordnings- nivå.</P>
<P class="p710 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm- ning.</P>
<P class="p92 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända mot den.</P>
<P class="p89 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">Värdepappersbolagsdirektivet innehåller regler om hur de behöriga myndigheterna ska utöva tillsyn över värdepappersföretag (artikel 36). Motsvarande regler finns i kapitaltäck- ningsdirektivet (artiklarna </SPAN><NOBR><SPAN class="ft2">97–101).</SPAN></NOBR></P>
<P class="p89 ft2">Liksom vid genomförandet i svensk rätt av det numera upphävda Europaparlamentets och rådets direktiv 2006/48/EG av den 14 juni 2006 om rätten att starta och driva verksamhet i kreditinstitut, i det följande benämnt kreditinstitutsdirektivet, gjordes vid genomförandet av kapital- täckningsdirektivet bedömningen att de detaljerade reglerna om hur ofta tillsynen ska ske och vad den ska omfatta inte bör framgå av lag utan regleras genom föreskrifter på lägre nivå (prop. 2006/07:5 s. 343 och 2013/14:228 s. 203). Enligt förordningen (2014:993) om särskild tillsyn och kapitalbuffertar (9 §) ska Finansinspektionen i sin tillsyn följa de bestämmelser om översyns- och utvärderingsprocess som finns i artik- larna <NOBR>97–101</NOBR> i kapitaltäckningsdirektivet. Artikel 101 handlar om löpande översyn av tillstånd att använda interna modeller. Denna fråga behandlas närmare i avsnitt 11.7.</P>
<P class="p726 ft2">I förhållande till reglerna i kapitaltäckningsdirektivet är kraven på tillsyn i värdepappersbolagsdirektivet (artikel 36) mindre omfattande. Värdepappers- bolagsdirektivet innehåller t.ex. inga regler om program för tillsynsgransk- ning och om stresstest inom ramen för tillsynen. Vidare möjliggör det direk- tivet att tillsynen i större utsträckning anpassas till värdepappersföretagets storlek, riskprofil och affärsmodell.</P>
<P class="p727 ft2">173</P>
</DIV>
<DIV id="page_174">
<P class="p605 ft2">Prop. 2020/21:173 Reglerna i värdepappersbolagsdirektivet om hur Finansinspektionen närmare ska utöva tillsyn över värdepappersbolag bör i likhet med motsvarande regler i kapitaltäckningsdirektivet genomföras i förordning.</P>
<TABLE cellpadding=0 cellspacing=0 class="t99">
<TR>
<TD class="tr32 td172"><P class="p18 ft5"> </P></TD>
<TD class="tr32 td156"><P class="p107 ft18">11.5</P></TD>
<TD class="tr32 td333"><P class="p237 ft18">Tillsynsansvarig myndighet för</P></TD>
</TR>
<TR>
<TD class="tr33 td172"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td333"><P class="p237 ft18">värdepappersföretagskoncerner</P></TD>
</TR>
<TR>
<TD class="tr8 td172"><P class="p18 ft9"> </P></TD>
<TD colspan=2 class="tr37 td334"><P class="p18 ft85"> </P></TD>
</TR>
<TR>
<TD class="tr16 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td335"><P class="p73 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Finansinspektionen ska utöva tillsyn över att</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td335"><P class="p73 ft2">kraven enligt artikel 7 i värdepappersbolagsförordningen, eller att</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p73 ft2">villkoren i gruppkapitaltestet enligt samma förordning är uppfyllda, om</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p73 ft2">det i en koncern inte finns något kreditinstitut eller motsvarande</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td335"><P class="p73 ft2">utländskt företag inom EES, och</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p73 ft2">1. ett värdepappersbolag är moderföretag,</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p73 ft2">2. ett värdepappersinriktat holdingföretag eller ett blandat finansiellt</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td335"><P class="p728 ft2">holdingföretag inom EES är moderföretag till ett värdepappersbolag</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p728 ft2">och det i koncernen inte finns något motsvarande utländskt företag</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p728 ft2">inom EES,</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td335"><P class="p73 ft2">3. ett svenskt värdepappersinriktat holdingföretag eller ett svenskt</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p728 ft2">blandat finansiellt holdingföretag är moderföretag till ett värdepap-</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p728 ft2">persbolag och minst ett motsvarande utländskt företag inom EES,</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td335"><P class="p73 ft2">4. ett värdepappersinriktat holdingföretag eller ett blandat finansiellt</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p728 ft2">holdingföretag är moderföretag till ett värdepappersbolag och</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p728 ft2">minst ett motsvarande utländskt företag inom EES, och</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td335"><P class="p728 ft2">– inget sådant dotterföretag är auktoriserat i samma land inom EES</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p728 ft2">som moderföretaget är etablerat i, och</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p728 ft2">– värdepappersbolaget har större balansomslutning än något av de</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td335"><P class="p728 ft2">motsvarande utländska företagen inom EES, eller</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p73 ft2">5. det i koncernen finns två eller flera värdepappersinriktade holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p728 ft2">företag eller blandade finansiella holdingföretag med huvudkontor</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td335"><P class="p728 ft2">i olika länder inom EES som är moderföretag till ett värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p728 ft2">bolag och minst ett motsvarande utländskt företag inom EES och</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p728 ft2"><SPAN class="ft3">– </SPAN>dotterföretagen är auktoriserade i de respektive länder inom EES</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td335"><P class="p728 ft2">som moderföretagen har huvudkontor i, och</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p728 ft2"><SPAN class="ft3">– </SPAN>värdepappersbolaget har större balansomslutning än något av de</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p728 ft2">motsvarande utländska företagen inom EES.</P></TD>
</TR>
<TR>
<TD class="tr18 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr18 td335"><P class="p73 ft2">Finansinspektionen ska få möjlighet att i vissa fall som rör värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p73 ft2">pappersföretagskoncerner komma överens med övriga berörda be-</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td335"><P class="p73 ft2">höriga myndigheter om att en annan behörig myndighet än den som</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p73 ft2">normalt följer av reglerna ska utöva tillsynen enligt artikel 7 eller 8 i</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p73 ft2">värdepappersbolagsförordningen. En sådan överenskommelse ska</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td335"><P class="p73 ft2">förutsätta att det är olämpligt att den normalt sett behöriga myndigheten</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p73 ft2">ansvarar för tillsynen med beaktande av de berörda värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p73 ft2">företagen och betydelsen av deras verksamhet i de relevanta länderna</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td335"><P class="p73 ft2">inom EES.</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p45 ft2">Innan en sådan överenskommelse ingås ska det blandande finansiella</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td335"><P class="p73 ft2">moderholdingföretaget inom EES, det värdepappersinriktade moder-</P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td335"><P class="p73 ft2">holdingföretaget inom EES eller det värdepappersbolag eller</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr3 td172"><P class="p729 ft2">174</P></TD>
<TD colspan=2 class="tr4 td335"><P class="p73 ft2">motsvarande utländska företag som har den största balansomslutningen</P></TD>
</TR>
<TR>
<TD class="tr40 td156"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td333"><P class="p18 ft88"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_175">
<DIV id="p175dimg1">
<INGENBILD zsrc="H803173175x1.jpg/" id="p175img1">
</DIV>
<DIV class="dclr"></DIV>
<DIV>
<DIV id="id_1">
<P class="p730 ft2">ges tillfälle att yttra sig. Europeiska kommissionen och Europeiska bankmyndigheten ska underrättas om överenskommelsen.</P>
<P class="p621 ft2">Bestämmelser i tillsynslagen som genomför motsvarande tillsyns- regler i kapitaltäckningsdirektivet ska anpassas till att innebörden av termen institut ändras. En rättelse av bestämmelserna ska också göras.</P>
<P class="p731 ft2">En definition av termen värdepappersföretagskoncern ska införas i tillsynslagen.</P>
<P class="p669 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer i huvudsak med regeringens förslag. Utredningen föreslår inte att Finansinspektionen ska utöva tillsynen om ett svenskt värdepappersinriktat holdingföretag eller ett svenskt blandat finansiellt holdingföretag i en värdepappersföretags- koncern är moderföretag till ett värdepappersbolag, och minst ett mot- svarande utländskt företag inom EES. Utredningen föreslår heller inte några justeringar av bestämmelserna i tillsynslagen som genomför reglerna om tillsyn i kapitaltäckningsdirektivet. Utredningens förslag har även i övrigt en annan lagteknisk utformning.</P>
<P class="p315 ft2"><SPAN class="ft22">Remissinstanserna: </SPAN>Flertalet remissinstanser tillstyrker förslaget eller har inget att invända mot det. Enligt <SPAN class="ft3">Finansinspektionen </SPAN>överensstämmer inte utredningens förslag med reglerna i värdepapperbolagsdirektivet om det som ska gälla för tillsynen om två eller flera värdepappersföretag som är auktoriserade i två eller flera medlemsstater har samma värdepappers- inriktade moderholdingföretag inom unionen eller samma blandade finansiella moderholdingföretag inom unionen (artikel 46.3). <SPAN class="ft3">Sveriges advokatsamfund </SPAN>anser att kriteriet för när Finansinspektionen får ingå en överenskommelse med andra behöriga myndigheter är vagt.</P>
<P class="p732 ft22">Skälen för regeringens förslag</P>
<P class="p733 ft3">Anpassning av bestämmelser i tillsynslagen som genomför kapitaltäckningsdirektivet</P>
<P class="p635 ft2">I kapitaltäckningsdirektivet finns regler om utnämning av samordnande tillsynsmyndighet vid gruppbaserad tillsyn (artikel 111). Genom värde- pappersbolagsdirektivet har det gjorts ändringar i lydelsens (artikel 62.17). Ändringarna föranleds av att innebörden av termen institut i kapital- täckningsdirektivet har ändrats från att ha omfattat både kreditinstitut och värdepappersföretag till att endast omfatta kreditinstitut (se avsnitt 6.3), men innebär inte någon ändring i sak av de nu aktuella reglerna.</P>
<P class="p115 ft2">I tillsynslagen finns bestämmelser som genomför dessa regler i kapital- täckningsdirektivet (4 kap. <NOBR>1–3</NOBR> §§). Termen institut i tillsynslagen definieras i dag som kreditinstitut och värdepappersbolag (1 kap. 2 § första stycket 2). I avsnitt 6.3 föreslås att den definitionen ska ändras till en hänvisning till definitionen av institut i tillsynsförordningen. Bestäm- melserna i tillsynslagen bör därför anpassas på grund av detta.</P>
<P class="p734 ft3">En rättelse bör göras av bestämmelserna som genomför kapitaltäckningsdirektivet</P>
<P class="p635 ft2">När det gäller fall då Finansinspektionen som utgångspunkt ska utöva den gruppbaserade tillsynen anges det i tillsynslagen att moderinstitutet inom EES, det finansiella moderholdingföretaget inom EES, det blandade finansiella holdingföretaget eller det institut eller motsvarande utländska</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">175</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_176">
<DIV>
<DIV id="id_1">
<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">176</P>
</DIV>
<DIV id="id_2">
<P class="p209 ft2">företag som har den största balansomslutningen, beroende på vad som är tillämpligt, ska ges tillfälle att yttra sig innan Finansinspektionen och de övriga berörda behöriga myndigheterna ingår en överenskommelse och fattar ett beslut (4 kap. 2 § andra stycket tillsynslagen). När en annan behörig myndighet än Finansinspektionen som utgångspunkt ska utöva den gruppbaserade tillsynen gäller motsvarande skyldighet i förhållande till moderinstitutet inom EES, det finansiella moderholdingföretaget inom EES eller det institut eller motsvarande utländska företag som har den största balansomslutningen, beroende på vad som är tillämpligt (4 kap. 3 § andra stycket). För sådana fall när det som utgångspunkt är Finansinspektionen som ska utöva den gruppbaserade tillsynen (4 kap. 2 §) bör det förtydligas att ett blandat finansiellt holdingföretag ska höras endast om det är ett moderholdingföretag (jfr artikel 111.6 andra meningen i kapitaltäcknings- direktivet). När det som utgångspunkt är annan behörig myndighet än Finansinspektionen som ska utöva den gruppbaserade tillsynen (4 kap. 3 §) finns det i dag ingen skyldighet enligt tillsynslagen att höra ett blandat finansiellt holdingföretag (jfr artikel 111.6 andra meningen). Detta utgör en avvikelse från kapitaltäckningsdirektivet och bestämmelsen bör därför rättas genom att en sådan skyldighet införs i fråga om finansiella moder- holdingföretag.</P>
<P class="p735 ft3">Fastställande av grupptillsynsmyndighet för värdepappersföretagskoncerner</P>
<P class="p736 ft2">I värdepappersbolagsdirektivet finns regler om fastställande av tillsyns- myndighet i en värdepappersföretagskoncern (artikel 46). I en sådan koncern ska det finnas minst ett dotterbolag som är värdepappersföretag men det får inte finnas något kreditinstitut (artikel 4.1.25 i värdepappers- bolagsförordningen). I detta sammanhang är ett moderföretag ett företag som innehar majoriteten av aktieägarnas eller delägarnas röster i ett annat före- tag, eller på andra i artikel 22 i Europaparlamentets och rådets direktiv 2013/34/EU angivna sätt, har ett bestämmande inflytande över ett annat företag och det andra företaget är dotterföretag. Reglerna om grupptillsyn i värdepappersbolagsdirektivet utgör en särreglering i förhållande till motsvarande regler i kapitaltäckningsdirektivet (artikel 111).</P>
<P class="p737 ft2">Samtliga värdepappersföretagskoncerner omfattas dock inte av de nya reglerna i värdepappersbolagsdirektivet. Enligt värdepappersbolagsför- ordningen (artikel 1.2 andra stycket och 1.5 tredje stycket) gäller i stället reglerna i kapitaltäckningsdirektivet (artikel 111) för koncerner där minst ett företag är ett sådant värdepappersföretag som avses i artikel 1.2 eller</P>
<P class="p738 ft2"><SPAN class="ft2">1.5</SPAN><SPAN class="ft95">i värdepappersbolagsförordningen. I avsnitt 7.2 föreslås därför att sådana företag ska definieras som kreditinstitut i tillsynslagen.</SPAN></P>
<P class="p717 ft2">En nyhet är att tillsynen över värdepappersföretagskoncerner, utöver att de uppfyller de gruppbaserade kraven (artikel 7 i värdepappersbolags- förordningen), även kan bestå i en kontroll av om villkoren i det s.k. gruppkapitaltestet är uppfyllda (artikel 8 i samma förordning).</P>
<P class="p739 ft3">Fastställande av grupptillsynsmyndighet för värdepappersföretagskoncerner i vissa fall</P>
<P class="p740 ft2">I fråga om värdepappersföretagskoncerner som leds av ett modervärde- pappersföretag inom EU ska den gruppbaserade tillsynen eller tillsynen</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_177">
<DIV>
<DIV id="id_1">
<P class="p598 ft2">för kontroll av uppfyllandet av villkoren i gruppkapitaltestet enligt värde- pappersbolagsdirektivet utövas av den behöriga myndigheten för moder- värdepappersföretaget (artikel 46.1). Det bör därför införas en bestäm- melse om att Finansinspektionen ska ansvara för tillsynen om moder- företaget är ett värdepappersbolag och inget av dess dotterföretag är ett kreditinstitut.</P>
<P class="p602 ft2">När moderföretaget i en värdepappersföretagskoncern är ett värde- pappersinriktat holdingföretag inom EU eller ett blandat finansiellt holdingföretag inom EU ska tillsynen enligt värdepappersbolagsdirektivet i stället utövas av en behörig myndighet för något av de dotterföretag som är värdepappersföretag inom unionen (artikel <NOBR>46.2–46.5).</NOBR></P>
<P class="p601 ft2">Om det bara finns ett dotterföretag som är ett värdepappersföretag inom unionen ska tillsynen utövas av den behöriga myndigheten för detta (artikel 46.2 i värdepappersbolagsdirektivet). Det bör därför införas en bestämmelse om att Finansinspektionen ska ansvara för tillsynen då dotterföretaget är ett värdepappersbolag, dvs. ett värdepappersföretag som är ett svenskt aktiebolag.</P>
<P class="p602 ft2">Om det finns flera dotterföretag som är värdepappersföretag inom unionen och dessa är auktoriserade i olika medlemsstater, ska tillsynen i första hand utövas av den behöriga myndigheten för det värdepappers- företag som är auktoriserat i samma medlemsstat som moderföretaget är etablerat i (artikel 46.3 i värdepappersbolagsdirektivet). För att genomföra värdepappersbolagsdirektivet i denna del föreslår utredningen att Finans- inspektionen ska utöva tillsynen om ett värdepappersinriktat holding- företag eller blandat finansiellt är moderföretag till ett värdepappersbolag men inte till något motsvarande utländskt företag inom EES. Som <SPAN class="ft3">Finans- inspektionen </SPAN>påpekar överensstämmer dock inte utredningens förslag med regeln i värdepappersbolagsdirektivet. I stället anser regeringen, i likhet med Finansinspektionen, att det bör införas en bestämmelse om att Finansinspektionen ska utöva tillsynen om ett svenskt värdepappers- inriktat holdingföretag eller ett svenskt blandat finansiellt holdingföretag i en värdepappersföretagskoncern är moderföretag till ett värdepappers- bolag och minst ett motsvarande utländskt företag inom EES.</P>
<P class="p720 ft2">Om inget av värdepappersföretagen i en koncern är auktoriserat i samma medlemsstat som moderföretaget är etablerat i, är det den behöriga myndigheten för det värdepappersföretag som har den största totala balansomslutningen som ska ansvara för tillsynen (artikel 46.5 i värde- pappersbolagsdirektivet). Det bör därför införas en bestämmelse om att Finansinspektionen ska utöva tillsynen om ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag i en värde- pappersföretagskoncern är moderföretag till ett värdepappersbolag och minst ett motsvarande utländskt företag inom EES, varav inget av dotter- företagen är auktoriserat i samma land inom EES som moderföretaget är etablerat i, och värdepappersbolaget har större balansomslutning än något av de motsvarande utländska företagen inom EES.</P>
<P class="p719 ft31">Vilken behörig myndighet som har tillsynsansvaret avgörs på samma sätt om det i värdepappersföretagskoncernen finns flera moderföretag som omfattar mer än ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag med huvudkontor i olika medlemsstater och det finns ett värdepappersföretag i var och en av dessa medlemsstater (artikel 46.4). Det bör därför införas en bestämmelse om att Finansinspektionen</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">177</P>
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<P class="p497 ft2">Prop. 2020/21:173 ska ansvara för tillsynen om det i en värdepappersföretagskoncern finns två eller flera värdepappersinriktade holdingföretag eller blandade finan- siella holdingföretag med huvudkontor i olika länder inom EES som är moderföretag till ett värdepappersbolag och minst ett motsvarande utländskt företag inom EES, vilka är auktoriserade i de respektive land inom EES som moderföretagen har huvudkontor i, och värdepappers- bolaget har större balansomslutning än något av de motsvarande utländska företagen inom EES.</P>
<P class="p570 ft2">De nya bestämmelserna bör införas i tillsynslagen. Av tydlighetsskäl bör det placeras i ett eget kapitel i lagen. Termer som t.ex. grupptillsyn bör undvikas vid utformningen av de nya bestämmelserna för att klargöra att det inte är fråga om grupper enligt kapitaltäckningsdirektivet (se avsnitt 6.3).</P>
<P class="p741 ft3">Överenskommelse om att en annan behörig myndighet ska ansvara för tillsynen</P>
<P class="p742 ft2">Enligt värdepappersbolagsdirektivet får behöriga myndigheter i samför- stånd bortse från vissa av kriterierna för fastställande av grupptillsyns- myndighet om tillämpning av kriterierna annars skulle vara olämpligt för en effektiv gruppbaserad tillsyn eller tillsyn för kontroll av uppfyllandet av villkoren i gruppkapitaltestet (artikel 46.6 första meningen). Mot- svarande regler i kapitaltäckningsdirektivet (artikel 111.6) har genomförts i bestämmelser i tillsynslagen (4 kap. 2 § andra stycket och 3 § andra stycket). En överenskommelse enligt reglerna i värdepappersbolags- direktivet innebär att Finansinspektionen kan få överlämna ansvaret för den gruppbaserade tillsynen till en annan behörig myndighet, trots att inspektionen som utgångspunkt är grupptillsynsmyndighet. Omvänt kan Finansinspektionen, när den inte är grupptillsynsmyndighet, få överta den rollen från en annan behörig myndighet. Innan en överenskommelse beslutas ska de behöriga myndigheterna ge det värdepappersinriktade moderholdingföretaget inom unionen, det blandade finansiella moder- holdingföretaget inom unionen eller det värdepappersföretag som har den största totala balansomslutningen, beroende på vad som är tillämpligt, tillfälle att yttra sig om det planerade beslutet. De behöriga myndigheterna ska underrätta kommissionen och Eba om ett sådant beslut (artikel 46.6 andra meningen i värdepappersbolagsdirektivet). Bestämmelser som mot- svarar värdepappersbolagsdirektivets regler om överenskommelser av detta slag bör införas i tillsynslagen och placeras i det nya kapitel som nämns ovan.</P>
<P class="p743 ft2"><SPAN class="ft3">Sveriges advokatsamfund </SPAN>anser att kriteriet för när Finansinspektionen får ingå en överenskommelse med andra behöriga myndigheter är vagt. Regeringen befarar dock att det skulle kunna medföra problem för både tolkningen och tillämpningen om bestämmelserna i lagen skulle avvika från det som anges i direktivet, särskilt eftersom tillämpningen av bestämmelsen förutsätter att de behöriga myndigheterna är överens. Om det i svensk rätt skulle preciseras hur lämplighetsbedömningen ska göras, skulle det också kunna innebära att de nu aktuella reglerna i värdepappers- bolagsdirektivet (artikel 46.6) inte genomförs på ett sätt som är förenligt med hur de genomförs i andra länder inom EES. Det bör därför inte göras</P>
<P class="p489 ft2">någon sådan precisering som Advokatsamfundet föreslår.</P>
<P class="p14 ft2">178</P>
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<TD class="tr2 td81"><P class="p18 ft3">En definition av värdepappersföretagskoncern</P></TD>
<TD class="tr2 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr33 td81"><P class="p18 ft2">Termen värdepappersföretagskoncern förekommer inte sedan tidigare i</P></TD>
<TD class="tr33 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">tillsynslagen. En definition av termen bör därför införas i lagen som mot-</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">svarar definitionen i värdepappersbolagsdirektivet (artikel 3.1.20).</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
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<P class="p744 ft18">11.6 Tillsyn över ersättningspolicy</P>
<P class="p745 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Reglerna i värdepappersbolagsdirektivet om tillsyn över ersättningspolicy bör genomföras genom föreskrifter på lägre nivå än lag.</P>
<P class="p746 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm- ning.</P>
<P class="p483 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända mot den.</P>
<P class="p747 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">I värdepappersbolagsdirektivet finns regler om att de behöriga myndigheterna ska samla in viss informa- tion som värdepappersföretagen är skyldiga att offentliggöra, och använda informationen som riktmärke för ersättningstrender och ersättningspraxis (artikel 34). Motsvarande regler finns i kapitaltäckningsdirektivet (arti- kel 75). En nyhet enligt såväl ändringsdirektivet som värdepappersbolags- direktivet är att de behöriga myndigheterna även ska samla in information om det könsmässiga lönegapet. Liksom enligt kapitaltäckningsdirektivet ska myndigheterna lämna den insamlade informationen till Eba.</SPAN></P>
<P class="p748 ft2">En annan skillnad är att det nu i direktivform framgår att medlems- staterna ska säkerställa att värdepappersföretag, på begäran, lämnar upp- gifter till behöriga myndigheter om den totala ersättningen för varje leda- mot i ledningsorganet eller för personer i ledande befattning (artikel 34.4 andra stycket i värdepappersbolagsdirektivet). En motsvarande bestäm- melse finns i tillsynsförordningen (artikel 450.1 j).</P>
<P class="p749 ft2">Vid genomförandet i svensk rätt av kreditinstitutsdirektivet respektive kapitaltäckningsdirektivet gjordes bedömningen att de detaljerade regler- na om vad tillsynen ska omfatta inte bör framgå av lag utan regleras genom föreskrifter på lägre nivå (prop. 2006/07:5 s. 343 och prop. 2013/14:228 s. 203). Så skedde också vid genomförandet av ändringsdirektivet (prop. 2020/21:36 s. 80). Det saknas anledning att göra någon annan bedömning i detta lagstiftningsärende. De åtgärder som är nödvändiga för att genomföra värdepappersbolagsdirektivet i fråga om värdepappersföretagens skyldig- het att lämna uppgifter bör på motsvarande sätt genomföras i föreskrifter på lägre nivå än lag.</P>
<P class="p750 ft2">Enligt förordningen (2014:993) om särskild tillsyn och kapitalbuffertar ska Finansinspektionen underrätta bl.a. Eba i den utsträckning som följer av kapitaltäckningsdirektivet (7 §). Även den skyldighet för Finansinspek- tionen att informera Eba som följer av värdepappersbolagsdirektivet bör genomföras genom föreskrifter på lägre nivå än lag.</P>
<P class="p751 ft2">179</P>
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<TD class="tr19 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft74">11.7</SPAN></P></TD>
<TD class="tr19 td336"><P class="p18 ft18">Tillsynen över tillstånd att använda interna</P></TD>
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<TD class="tr20 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td336"><P class="p18 ft18">modeller</P></TD>
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<P class="p689 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Bestämmelserna i tillsynslagens kapitel om till- syn över interna metoder ska justeras så att de enbart avser kredit- institut.</P>
<P class="p652 ft2">Det ska införas ett nytt kapitel i tillsynslagen om tillsynen över de interna modeller för värdepappersbolag som avses i värdepappers- bolagsförordningen.</P>
<P class="p652 ft2">Finansinspektionen ska löpande, åtminstone vart tredje år, granska hur ett värdepappersbolag uppfyller ställda krav för att få tillstånd att använda de interna modellerna i värdepappersbolagsförordningen. Vid bedömningen ska inspektionen särskilt beakta förändringar i värde- pappersbolagets affärsverksamhet och hur interna modeller används på nya produkter.</P>
<P class="p615 ft2">Om det framkommer att ett värdepappersbolags interna modeller har väsentliga brister i fråga om att identifiera risker, ska Finans- inspektionen se till att bolaget åtgärdar bristerna eller vidtar nödvändiga åtgärder för att minska följderna av dem.</P>
<P class="p652 ft2">Om ett värdepappersbolag som beviljats tillstånd att använda interna modeller inte längre uppfyller kraven för användning av modellerna, ska Finansinspektionen kräva att bolaget</P>
<P class="p617 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft4">visar att följderna av att kraven inte uppfylls är obetydliga, eller</SPAN></P>
<P class="p752 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft4">presenterar en åtgärdsplan för att uppfylla kraven och anger en tid inom vilken planen ska genomföras.</SPAN></P>
<P class="p753 ft2">Om det bedöms osannolikt att den åtgärdsplan som presenteras leder till att kraven kommer att uppfyllas eller om tidsfristen för att genomföra den inte är tillfredsställande, ska Finansinspektionen kräva förbättringar av planen. Om det är osannolikt att värdepappersbolaget inom en lämplig tidsfrist kommer att uppfylla tillämpliga krav eller om värde- pappersbolaget inte på ett tillfredsställande sätt visar att följderna av konstaterade brister är obetydliga, ska tillståndet att använda sig av de interna modellerna antingen återkallas eller begränsas till områden där kraven kan uppfyllas inom en lämplig tidsfrist.</P>
<P class="p667 ft2">Om det för en intern marknadsriskmodell förekommer upprepade överskridanden och det tyder på att modellen inte är tillräckligt exakt, ska Finansinspektionen återkalla tillståndet för värdepappersbolaget att använda modellen eller vidta lämpliga åtgärder för att säkerställa att värdepappersbolaget snarast inom en bestämd tidsram förbättrar modellen.</P>
<P class="p754 ft96">.</P>
<P class="p477 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer i allt väsentligt med regeringens förslag.</P>
<P class="p477 ft2"><SPAN class="ft22">Remissinstanserna: </SPAN>Flertalet remissinstanser tillstyrker förslaget eller har inget att invända mot det. <SPAN class="ft3">Sveriges advokatsamfund </SPAN>anser att bestäm- melsen om att Finansinspektionen ska ingripa mot ett värdepappersbolag när internmodellerna över marknadsrisk inte är tillräckligt starka är vag i fråga om vilka kriterier inspektionen ska tillämpa när den överväger ett</P>
<P class="p540 ft66">sådant ingripande.</P>
<P class="p14 ft2">180</P>
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<P class="p599 ft31"><SPAN class="ft35">Skälen för regeringens förslag: </SPAN>I värdepappersbolagsdirektivet finns krav på behöriga myndigheters löpande tillsyn av värdepappersföretag som fått tillstånd att använda sig av interna modeller (artikel 37). Behöriga myn- digheter ska med jämna mellanrum och minst vart tredje år gör en översyn av värdepappersföretagens efterlevnad av kraven för att få tillstånd att använda de interna modeller som avses i värdepappersbolagsförordningen. Behöriga myndigheter ska lägga särskild vikt vid ändringar av ett värde- pappersföretags affärsverksamhet och tillämpningen av dessa interna modeller på nya produkter samt granska och utvärdera om värdepappers- företaget använder väl utvecklade och uppdaterade metoder och för- faranden i samband med dessa interna modeller. Om betydande brister i risktäckningen uppdagas i ett värdepappersföretags interna metoder måste de behöriga myndigheterna säkerställa att dessa åtgärdas eller vidta åtgärder för att minska följderna av dem, till exempel genom att införa högre multiplikationsfaktorer eller kapitaltillägg (artikel 37.1).</P>
<P class="p755 ft2">Om det för interna marknadsriskmodeller förekommer upprepade över- skridanden enligt vad som avses i artikel 366 i tillsynsförordningen vilka indikerar att de interna modellerna inte, eller inte längre, är tillräckligt exakta, ska de behöriga myndigheterna återkalla tillståndet att använda dessa interna modeller eller vidta lämpliga åtgärder för att säkerställa att de interna modellerna förbättras snarast inom en bestämd tidsram (artikel 37.2).</P>
<P class="p482 ft2">Om ett värdepappersföretag som har fått tillstånd att använda interna modeller inte längre uppfyller kraven för användning av dessa interna modeller, ska de behöriga myndigheterna kräva att värdepappersföretaget antingen visar att följderna av den bristande efterlevnaden är oväsentliga eller lägger fram en plan och en tidsfrist för efterlevnad av dessa krav. Behöriga myndigheter ska kräva förbättringar av den presenterade planen om det är osannolikt att den leder till full efterlevnad eller om tidsfristen är olämplig. Om det är osannolikt att värdepappersföretaget kommer att efterleva kraven inom den angivna tidsfristen eller inte på ett tillfreds- ställande sätt har visat att följderna av den bristande efterlevnaden är oväsentliga, ska medlemsstaterna säkerställa att de behöriga myndig- heterna återkallar tillståndet att använda interna modeller eller begränsar det till områden där efterlevnad har uppnåtts eller kan uppnås inom en lämplig tidsfrist (artikel 37.3).</P>
<P class="p604 ft31">Reglerna i värdepappersbolagsdirektivet motsvarar till stor del regle- ringen i kapitaltäckningsdirektivet (artikel <NOBR>101.1–101.4),</NOBR> som i svensk rätt har genomförts i motsvarande bestämmelser i tillsynslagen (5 kap. <NOBR>1–5</NOBR> §§). Utöver vissa rent språkliga skillnader används dock en något annorlunda terminologi i värdepappersbolagsdirektivet jämfört med i kapitaltäcknings- direktivet. Den omständigheten att värdepappersbolagsdirektivet hänvisar till de interna modeller som avses i värdepappersbolagsförordningen utgör också en skillnad i förhållande till kapitaltäckningsdirektivet. När det gäl- ler upprepade överskridanden av interna marknadsriskmodeller har det vidare gjorts ett tillägg såtillvida att det inte bara anges att det ska säkerställas att värdepappersföretaget snarast förbättrar modellerna, utan att det dessutom ska ske inom en bestämd tidsram.</P>
<P class="p756 ft31">En mer markant skillnad gäller de behöriga myndigheternas möjlighet att vidta korrigerande åtgärder. Till skillnad från i kapitaltäckningsdirektivet (artikel 78.4 och 78.5) finns det inte några regler om det i värdepappersbolags-</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">181</P>
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<P class="p473 ft2">Prop. 2020/21:173 direktivet. De reglerna i kapitaltäckningsdirektivet har i svensk rätt genomförts i motsvarande bestämmelser i tillsynslagen (5 kap. 6 §).</P>
<P class="p477 ft2">Det är nödvändigt att anpassa svensk rätt till värdepappersbolags- direktivets regler om den löpande tillsynen över tillstånd att använda inter- na modeller. Den nya regleringen för värdepappersbolag bör införas i lag på motsvarande sätt som den reglering som i dag gäller för sådana bolag. Det framstår som lämpligt att behandla kreditinstitut respektive värdepappersbolag separat, framför allt mot bakgrund av att terminologin i kapitaltäckningsdirektivet och värdepappersbolagsdirektivet skiljer sig åt. Bestämmelserna i 5 kap. tillsynslagen bör därför justeras så att de endast gäller för kreditinstitut medan bestämmelser för värdepappersbolag bör införas i ett nytt kapitel i lagen.</P>
<P class="p757 ft2">I värdepappersbolagsdirektivet anges att om det är osannolikt att värde- pappersföretaget kommer att efterleva kraven inom den angivna tids- fristen, ska medlemsstaterna säkerställa att de behöriga myndigheterna återkallar tillståndet att använda interna modeller eller begränsar det till områden där efterlevnad har uppnåtts eller kan uppnås inom en lämplig tidsfrist (artikel 37.3, se ovan). Med uttrycket ”den angivna tidsfristen” avses här den tidsfrist som en behörig myndighet bedömer lämplig för efterlevnad av kraven för att använda interna modeller. I den engelska språkversionen av direktivet anges ”the prescribed deadline”. Bestämmel- serna i det nya kapitlet i tillsynslagen bör utformas på ett sätt så att det tydligt framgår att det som avses är en tidsfrist som har beslutats av Finansinspektionen, eftersom det annars finns risk för att tidsfristen för- växlas med en tidsfrist som värdepappersbolaget ska föreslå när det i ett tidigare skede lägger fram sin plan för efterlevnad av kraven. Därför bör uttrycket ”en lämplig tidsfrist” användas i bestämmelsen i tillsynslagen, vilket även används i motsvarande bestämmelser i 5 kap. (4 §).</P>
<P class="p692 ft2">När det gäller <SPAN class="ft3">Sveriges advokatsamfunds </SPAN>synpunkt om vaga kriterier för Finansinspektionen vill regeringen framhålla att det som anges i värde- pappersbolagsdirektivet (artikel 37.2 och 37.3) ger viss ledning för hur Finansinspektionen bör agera om det finns indikationer på att ett värde- pappersbolags internmodeller över marknadsrisk inte är tillräckligt starka.</P>
<P class="p571 ft18"><SPAN class="ft76">11.8</SPAN><SPAN class="ft91">Särskilda krav på offentliggörande</SPAN></P>
<P class="p666 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Regeringen eller den myndighet som regeringen bestämmer ska få meddela föreskrifter om vid vilken tidpunkt, på vilken plats och med vilka intervall värdepappersbolag ska offentliggöra sådan information som anges i artikel 46 i värdepappersbolagsförordningen.</P>
<P class="p652 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Finansinspektionen får med stöd av gällande rätt kräva att moderföretag årligen offentliggör en beskrivning av sin rättsliga struktur samt styrnings- och organisationsstruktur för värdepappersföretagskoncernen.</P>
<P class="p758 ft22">Utredningens förslag och bedömning <SPAN class="ft2">överensstämmer med rege- ringens förslag och bedömning.</SPAN></P>
<P class="p475 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget och bedömningen eller har inget att invända mot dem.</P>
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<P class="p599 ft22">Skälen för regeringens förslag och bedömning: <SPAN class="ft2">Enligt värdepappers- bolagsdirektivet ska de behöriga myndigheterna ha befogenhet att kräva att vissa värdepappersföretag ska offentliggöra viss information (artikel 44</SPAN><SPAN class="ft97">)</SPAN><SPAN class="ft2">. De behöriga myndigheterna ska ha befogenhet att kräva att vissa värdepappersföretag fler än en gång per år offentliggör information om riskhantering, bolagsstyrning, kapitalbas, kapitalbaskrav, ersättning, investeringspolicy och risker avseende miljö, samhällsansvar och bolagsstyrning, och sätta tidsfrister för detta (artikel 44 a). De reglerna ska tillämpas på sådana värdepappersföretag som inte tillhör kategorin små och </SPAN><NOBR><SPAN class="ft2">icke-sammanlänkade</SPAN></NOBR><SPAN class="ft2"> värdepappersföretag (artikel 12.1 i värde- pappersbolagsförordningen) och på sådana företag som visserligen tillhör denna kategori men som emitterar primärkapitaltillskottsinstrument. De behöriga myndigheterna ska dessutom få kräva att sådana företag an- vänder specifika medier och platser för offentliggörande av annan infor- mation än årsredovisningen (artikel 44 b). Motsvarande regler med hän- visning till rapporteringskraven i tillsynsförordningen finns i kapitaltäck- ningsdirektivet (artikel 106.1).</SPAN></P>
<P class="p604 ft2">De ovan redovisade kraven i värdepappersbolagsdirektivet ska ses mot bakgrund av bestämmelserna i värdepappersbolagsförordningen (artikel</P>
<P class="p759 ft2"><SPAN class="ft2">46)</SPAN><SPAN class="ft33">om att värdepappersföretag ska offentliggöra viss information årsvis, men i övrigt har frihet att bedöma hur ofta och var de ska offentliggöra informationen. Denna valfrihet inskränks genom den rätt som de behöriga myndigheterna ska ha enligt värdepappersbolagsdirektivet att t.ex. kräva mer frekvent rapportering (jfr prop. 2013/14:228 s. 207).</SPAN></P>
<P class="p601 ft2">Vid genomförandet i svensk rätt av motsvarande regler i kapitaltäck- ningsdirektivet gjordes bedömningen att de borde genomföras genom föreskrifter på lägre nivå än lag (samma prop.). Det infördes ett bemyndigande i tillsynslagen om att regeringen eller den myndighet som regeringen bestämmer får meddela föreskrifter om vid vilken tidpunkt, på vilken plats och med vilka intervall institut ska offentliggöra sådan</P>
<P class="p760 ft2">information som anges i artiklarna <NOBR>431–455</NOBR> i tillsynsförordningen (10 kap. 2 § 2). Sådana föreskrifter finns i 8 kap. Finansinspektionens föreskrifter (FFFS 2014:12) om tillsynskrav och kapitalbuffertar. Reglerna i värdepappersbolagsdirektivet (artikel 44 a och b) bör i likhet med motsvarande regler i kapitaltäckningsdirektivet genomföras genom myndighetsföreskrifter. Regeringen eller den myndighet som regeringen bestämmer bör därför få meddela föreskrifter även om vid vilken tidpunkt, på vilken plats och med vilka intervall värdepappersbolag ska offentliggöra sådan information som anges i artikel 46 i värdepappersbolags- förordningen.</P>
<P class="p600 ft2">Enligt värdepappersbolagsdirektivet ska de behöriga myndigheterna även ha befogenhet att kräva att moderföretag årligen offentliggör, i fullständig form eller i form av hänvisningar till likvärdig information, en beskrivning av moderföretagets rättsliga struktur samt lednings- och organisationsstruktur för värdepappersföretagskoncernen i enlighet reglerna om det i direktivet och i MiFID II (artikel 44 c). Motsvarande regler, men med hänvisningar till de krav som gäller för en grupp institut, finns i kapitaltäcknings- direktivet (artikel 106.2).</P>
<P class="p603 ft31">Vid genomförandet i svensk rätt av de reglerna i kapitaltäcknings- direktivet infördes en bestämmelse i tillsynslagen, om att moderföretag ska</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">183</P>
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<P class="p497 ft2">Prop. 2020/21:173 offentliggöra information som rör företagsgruppens rättsliga struktur, styr- ning och organisationskultur (6 kap. 2 §). Samtidigt infördes ett bemyn- digade för regeringen eller den myndighet som regeringen bestämmer att meddela föreskrifter om detta (10 kap. 2 § 3 tillsynslagen). Sådana före- skrifter finns i Finansinspektionens föreskrifter om tillsynskrav och kapitalbuffertar (8 kap. 3 §).</P>
<P class="p562 ft2">Bestämmelsen i tillsynslagen om skyldigheten för moderföretag att offentliggöra information om företagsgruppen bör anpassas så att den även täcker in kravet på offentliggörande enligt reglerna i värdepappersbolags- direktivet (artikel 44 c). En sådan ändring av bestämmelsen medför att Finansinspektionen kommer att kunna genomföra de justeringar av före- skrifterna som krävs med stöd av det befintliga bemyndigandet i tillsyns- lagen.</P>
<P class="p761 ft18"><SPAN class="ft76">11.9</SPAN><SPAN class="ft91">Skyldighet för Finansinspektionen att underrätta Eba</SPAN></P>
<P class="p614 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Den skyldighet som Finansinspektionen har enligt värdepappersbolagsdirektivet att underrätta Europeiska bank- myndigheten om sin översyns- och utvärderingsprocess bör regleras i föreskrifter på förordningsnivå.</P>
<P class="p701 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm- ning.</P>
<P class="p477 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända mot den.</P>
<P class="p490 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">Enligt värdepappersbolags- direktivet (artikel 45.1) ska de behöriga myndigheterna informera Eba om sin översyns- och utvärderingsprocess (artikel 36) och om den metod som används som grund för beslut med stöd av de tillsynsbefogenheter som myndigheterna ska ha enligt direktivet och om krav på ytterligare kapital- bas och riktlinje för ytterligare kapitalbas (artiklarna </SPAN><NOBR><SPAN class="ft2">39–41).</SPAN></NOBR><SPAN class="ft2"> Liknande regler finns i kapitaltäckningsdirektivet (artikel 107.1). Enligt värde- pappersbolagsdirektivet ska informationen även avse nivån på sanktioner som fastställs av medlemsstaterna (artikel 45.1 c).</SPAN></P>
<P class="p562 ft2">Vid genomförandet i svensk rätt av kapitaltäckningsdirektivet gjordes bedömningen att underrättelseskyldigheten enligt det direktivet borde regleras i föreskrifter som meddelas av regeringen (prop. 2013/14:228 s. 208). Enligt förordningen (2014:993) om särskild tillsyn och kapital- buffertar ska Finansinspektionen underrätta bl.a. Eba i den utsträckning som följer av kapitaltäckningsdirektivet (7 §). Även motsvarande regler i värdepappersbolagsdirektivet bör genomföras genom föreskrifter som meddelas av regeringen (jfr även avsnitt 11.6 och det som anges där om underrättelseskyldighet enligt artikel 34 i värdepappersbolagsdirektivet).</P>
<P class="p762 ft2">184</P>
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<TD class="tr20 td81"><P class="p18 ft18">11.10 Avgifter till Finansinspektionen</P></TD>
<TD class="tr20 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
</TABLE>
<P class="p763 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>De värdepappersbolag som står under tillsyn av Finansinspektionen enligt värdepappersbolagsförordningen och till- synslagen ska betala årliga avgifter för att bekosta inspektionens verk- samhet enligt den förordningen och lagen samt Statistiska centralbyråns verksamhet enligt lagen om en databas för övervakning av och tillsyn över finansmarknaderna.</P>
<P class="p764 ft2">Finansinspektionen ska även få ta ut avgifter för prövning av ansök- ningar och anmälningar enligt värdepappersbolagsförordningen.</P>
<P class="p765 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag. <SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot</P>
<P class="p169 ft2">det.</P>
<P class="p766 ft22">Skälen för regeringens förslag: <SPAN class="ft2">Finansinspektionens arbete med ansöknings- och anmälningsärenden finansieras genom avgifter som disponeras av inspektionen och som tas ut av dem som ansöker om tillstånd eller gör en anmälan. Avgifterna regleras i förordningen (2001:911) om avgifter för prövning av ärenden hos Finansinspektionen. Finansinspektionens övriga verksamhet finansieras via anslag i statens budget. Huvuddelen av de kostnaderna, bl.a. kostnaderna för arbetet med regelgivning och tillsyn, täcks genom avgifter enligt förordningen (2007:1135) om årliga avgifter för finansiering av Finansinspektionens verksamhet som ska uppgå till ett belopp som motsvarar kostnaden för den verksamhet som ska finansieras. Finansinspektionen redovisar de avgifts- intäkterna mot inkomsttitel på statens budget. Liksom i dag kommer den verksamhet som Finansinspektionen ska bedriva i fråga om värdepappers- bolag till följd av värdepappersbolagsförordningen och tillsynslagen att bestå dels av övervakning och kontroll över att regelverket följs, dels av pröv- ning av ansökningar och anmälningar.</SPAN></P>
<P class="p767 ft2">Enligt tillsynslagen (9 kap. 1 § första stycket) ska institut som står under tillsyn enligt tillsynsförordningen och tillsynslagen med årliga avgifter bekosta Finansinspektionens verksamhet samt Statistiska centralbyråns verksamhet enligt lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna. Värdepappersbolag bör också fortsätt- ningsvis betala avgifter för dessa verksamheter. Även värdepappersbolag som står under tillsyn enligt värdepappersbolagsförordningen bör därför med årliga avgifter bekosta den verksamheten.</P>
<P class="p749 ft2">Finansinspektionen får ta ut avgifter för prövning av ansökningar och anmälningar enligt tillsynsförordningen och tillsynslagen (9 kap. 1 § andra stycket). Finansinspektionen bör på motsvarande sätt få ta ut avgifter även för prövning av ansökningar och anmälningar enligt värdepappersbolags- förordningen.</P>
<P class="p495 ft2">Regeringen får meddela föreskrifter om sådana avgifter som avses ovan (10 kap. 3 § tillsynslagen). Möjligheten för regeringen att meddela före- skrifter bör även gälla verksamhet enligt värdepappersbolagsförordningen. Till följd av bemyndigandets utformning krävs dock inte någon ändring i den paragrafen.</P>
<P class="p768 ft2">185</P>
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<P class="p558 ft18"><SPAN class="ft73">Prop. 2020/21:173 </SPAN>11.11 Rapporteringsplikt för revisorer</P>
<P class="p614 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Rapporteringsskyldigheten för personer som ansvarar för revision av årsbokslut och sammanställd redovisning enligt värdepappersbolagsdirektivet följer redan av gällande rätt.</P>
<P class="p690 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm- ning.</P>
<P class="p477 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända mot den.</P>
<P class="p480 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">I värdepappersbolagsdirektivet finns regler om rapporteringsplikt för personer som ansvarar för revision av årsbokslut och sammanställd redovisning (artikel 17). Sådana personer ska vara skyldiga att omgående rapportera till de behöriga myndigheterna alla sakförhållanden eller beslut rörande ett värdepappersföretag, eller ett företag som har nära förbindelser med detta, som utgör en betydande över- trädelse av lagar, förordningar och föreskrifter som genomför direktivet, och som kan påverka företagets fortsatta verksamhet eller leda till vägran att godkänna räkenskaperna eller till att reservationer framställs.</SPAN></P>
<P class="p562 ft2">Lagen om värdepappersmarknaden innehåller bestämmelser med skyl- dighet för revisorer och särskilda granskare att till Finansinspektionen rapportera förhållanden som kan utgöra en väsentlig överträdelse av någon författning som reglerar företagets verksamhet, som kan påverka före- tagets fortsatta drift negativt, eller som kan leda till att han eller hon avstyr- ker att balansräkningen eller resultaträkningen fastställs eller till att an- märkning framställs (23 kap. 8 och 9 §§). Dessa bestämmelser uppfyller värdepappersbolagsdirektivets krav på rapporteringsplikt. Någon lagstift- ningsåtgärd är således inte nödvändig.</P>
<P class="p583 ft18">11.12 System och skydd för visselblåsare</P>
<P class="p689 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Gällande rätt uppfyller kraven i värde- pappersbolagsdirektivet på särskilda system för rapportering av över- trädelser.</P>
<P class="p758 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm- ning.</P>
<P class="p479 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända</P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td337"><P class="p279 ft2">mot den.</P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr42 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr42 td337"><P class="p279 ft22">Skälen för regeringens bedömning</P></TD>
<TD class="tr42 td143"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr33 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td337"><P class="p279 ft3">Gällande rätt uppfyller kraven i värdepappersbolagsdirektivet</P></TD>
<TD class="tr33 td143"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr3 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr3 td243"><P class="p279 ft2">I värdepappersbolagsdirektivet finns krav på att både behöriga</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td243"><P class="p279 ft31">myndigheter och värdepappersföretag inrättar särskilda system och skydd</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td337"><P class="p279 ft2">för visselblåsare (artikel 22). Medlemsstaterna ska säkerställa att</P></TD>
<TD class="tr4 td143"><P class="p16 ft2">de</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td243"><P class="p279 ft2">behöriga myndigheterna inrättar ändamålsenliga och tillförlitliga mekanis-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td243"><P class="p279 ft2">mer för att möjliggöra snabb rapportering till myndigheterna av potentiella</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td337"><P class="p279 ft2">eller faktiska överträdelser av värdepappersbolagsförordningen</P></TD>
<TD class="tr4 td143"><P class="p16 ft31">och</P></TD>
</TR>
<TR>
<TD class="tr2 td176"><P class="p278 ft2">186</P></TD>
<TD colspan=2 class="tr2 td243"><P class="p279 ft2">nationella bestämmelser som genomför värdepapperbolagsdirektivet.</P></TD>
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<P class="p595 ft2">Särskilda förfaranden ska finnas för mottagande, hantering och upp- följning av sådana rapporter, inbegripet upprättandet av säkra kom- munikationskanaler (artikel 22.1 a). Lämpligt skydd ska finnas mot rep- ressalier, diskriminering och andra former av missgynnande behandling för anställda i värdepappersföretag som rapporterar om överträdelser begångna inom företaget (artikel 22.1 andra stycket b). Det ska vidare finnas ett skydd av personuppgifterna för den person som rapporterar överträdelsen (visselblåsaren) och den fysiska person som påstås vara ansvarig för överträdelsen. Skyddet ska motsvara kraven i Europaparlamentets och rådets förordning (EU) 2016/679 av den 27 april 2016 om skydd för fysiska personer med avseende på behandling av personuppgifter och om det fria flödet av sådana uppgifter och om upphävande av direktiv 95/46/EG (allmän dataskyddsförordning), i det följande benämnd EU:s dataskyddsförordning (artikel 22.1 andra stycket c). Det ska därutöver finnas tydliga regler som säkerställer konfidentialitet i samtliga fall för den person som rapporterar överträdelser begångna inom värdepappersföretaget, såvida inte nationell rätt kräver att uppgifter lämnas ut i samband med ytterligare utredningar eller efterföl- jande administrativa eller rättsliga förfaranden (artikel 22.1 andra stycket d). Slutligen ska medlemsstaterna kräva att värdepappersföretag har inrättat lämpliga förfaranden för att deras anställda ska kunna rapport- era överträdelser internt genom en särskild oberoende kanal (artikel 22.2).</P>
<P class="p769 ft2">Motsvarande regler finns, med vissa mindre skillnader, i kapital- täckningsdirektivet (artikel 71). Medan det i kapitaltäckningsdirektivet (artikel 71.1) anges att det ska finnas mekanismer för att uppmuntra rapportering, anges det i värdepappersbolagsdirektivet (artikel 22.1) att mekanismerna ska möjliggöra snabb rapportering<SPAN class="ft3">. </SPAN>En annan skillnad är att det i värdepappersbolagsdirektivet anges att förfarandena för mottagande och uppföljning av rapporterna även ska inbegripa upprättande av säkra kommunikationskanaler (artikel 22.1 andra stycket a). Ytterligare en skill- nad är att det i värdepappersbolagsdirektivet hänvisas till dataskydds- förordningen när det gäller frågan om skydd av personuppgifter i samband med rapporter (artikel 22.1 andra stycket c).</P>
<P class="p770 ft2">I förordningen (2016:1318) om Finansinspektionens rutiner för mot- tagande av anmälningar om regelöverträdelser finns detaljerade föreskrif- ter som omfattar Finansinspektionens system för mottagande av rapporter om överträdelser på hela finansmarknadsområdet. Bestämmelserna är utfor- made så att de möjliggör en snabb rapportering till Finansinspektionen genom säkra kommunikationskanaler.</P>
<P class="p603 ft31">Redan vid genomförandet i svensk rätt av kapitaltäckningsdirektivet gjordes bedömningen att kravet på att anställda som anmäler överträdelser inte ska drabbas av repressalier, diskriminering eller liknande från arbets- givarens sida omfattas av gällande rätt mot bakgrund av bestämmelserna i svensk arbetsrätt, bl.a. kravet på saklig grund för uppsägning (prop. 2013/14:228 s. 245 f.). Därefter har lagen (2016:749) om särskilt skydd mot repressalier för arbetstagare som slår larm om allvarliga missförhållanden tillkommit som ger ett skydd för anställda som rapporterar om misstänkta oegentligheter. Även i detta avseende uppfyller således gällande rätt kraven i värdepappersbolagsdirektivet. Genom att hänvisningen när det gäller skydd av personuppgifter sker till en direkt tillämplig <NOBR>EU-förordning</NOBR> är det inte heller i detta avseende nödvändigt med någon lagstiftningsåtgärd.</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">187</P>
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<P class="p497 ft2">Prop. 2020/21:173 Offentlighets- och sekretesslagen (2009:400) säkerställer sekretess för uppgift i en anmälan eller utsaga om överträdelse av bestämmelse som gäller för den som myndighetens verksamhet avser, om uppgiften kan avslöja anmälarens identitet (30 kap. 4 b § första stycket). Även här uppfyller gällande rätt värdepappersbolagsdirektivets krav.</P>
<P class="p498 ft2">Kravet i värdepappersbolagsdirektivet på att värdepappersföretag ska inrätta rapporteringssystem för anställda (artikel 22.2), är tillgodosett genom bestämmelsen om detta i lagen om värdepappersmarknaden (8 kap. 4 a §) och genom bestämmelsen om tystnadsplikt i samma lag (1 kap. 11 § andra stycket).</P>
<P class="p561 ft3">Visselblåsardirektivet</P>
<P class="p559 ft2">Under slutet av 2019 trädde Europaparlamentets och rådets direktiv (EU) 2019/1936 av den 23 oktober 2019 om skydd för personer som rapporterar om överträdelser av unionsrätten (visselblåsardirektivet) i kraft. Medlems- staterna ska senast den 17 december 2021 sätta i kraft de bestämmelser i lagar och andra författningar som är nödvändiga för att genomföra direk- tivet. Regeringen tillsatte en utredning för genomförandet av direktivet (dir. 2019:24). Betänkandet Ökad trygghet för visselblåsare (SOU 2020:38) bereds för närvarande inom Regeringskansliet.</P>
<P class="p562 ft2">Genom visselblåsardirektivet fastställs miniminormer till skydd för personer som rapporterar överträdelser av unionsrätten. Enligt direktivet ska vissa personkategorier som rapporterar om överträdelser (rapporte- rande personer) under särskilda förutsättningar vara skyddade mot repres- salier av olika slag. Direktivet kräver även att aktörer av viss storlek i privat och offentlig sektor inrättar särskilda interna funktioner för rapportering (interna rapporteringskanaler). Vidare ska det vid behöriga myndigheter i medlemsstaterna finnas funktioner för rapportering av överträdelser (externa rapporteringskanaler).</P>
<P class="p560 ft1">12 Samarbete och informationsutbyte</P>
<P class="p561 ft18">12.1 Allmänt om samarbete</P>
<P class="p771 ft84">12.1.1 Samarbete mellan olika myndigheter inom en medlemsstat</P>
<P class="p772 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Reglerna i värdepappersbolagsdirektivet om samarbete mellan den behöriga myndigheten enligt det direktivet och andra tillsynsmyndigheter inom en och samma medlemsstat kräver inte någon åtgärd.</P>
<TABLE cellpadding=0 cellspacing=0 class="t102">
<TR>
<TD class="tr2 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td243"><P class="p16 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">ning.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p16 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">mot den.</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p16 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">Enligt värdepappersbolagsdirek-</SPAN></P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr20 td176"><P class="p278 ft2">188</P></TD>
<TD class="tr5 td243"><P class="p16 ft2">tivet ska de behöriga myndigheterna ha ett nära samarbete med de offent-</P></TD>
</TR>
<TR>
<TD class="tr39 td243"><P class="p18 ft87"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_189">
<P class="p14 ft2">liga myndigheter eller organ som i deras medlemsstat ansvarar för till- Prop. 2020/21:173 synen av kreditinstitut och finansiella institut (artikel 6.1). I avsnitt 6.5</P>
<P class="p773 ft2">föreslås att Finansinspektionen ska vara behörig myndighet enligt värde- pappersbolagsdirektivet. I Sverige har Finansinspektionen tillsyn över såväl värdepappersbolag som kreditinstitut och finansiella institut. De nu aktuella reglerna i värdepappersbolagsdirektivet kräver därför inte någon åtgärd.</P>
<P class="p774 ft2">Enligt värdepappersbolagsdirektivet ska även andra behöriga myndig- heter än de som utses i enlighet MiFID II (artikel 67) upprätta en meka- nism för samarbete med dessa myndigheter och för utbyte av all informa- tion som är relevant för att de ska kunna fullgöra sina funktioner och åligganden (artikel 6.2). I Sverige finns det inte några sådana andra behö- riga myndigheter som avses i direktivet. Det krävs därför inte heller i detta avseende någon åtgärd.</P>
<TABLE cellpadding=0 cellspacing=0 class="t103">
<TR>
<TD class="tr3 td97"><P class="p343 ft82">12.1.2</P></TD>
<TD class="tr3 td294"><P class="p18 ft84">Samarbete inom det europeiska systemet för</P></TD>
<TD class="tr3 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr16 td97"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td294"><P class="p18 ft84">finansiell tillsyn</P></TD>
<TD class="tr16 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr12 td324"><P class="p18 ft14"> </P></TD>
<TD class="tr44 td120"><P class="p18 ft98"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr16 td325"><P class="p73 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Det generella kravet i värdepappersbolags-</P></TD>
<TD class="tr16 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">direktivet på att den behöriga myndigheten ska samarbeta och utbyta</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">information inom det europeiska systemet för finansiell tillsyn till-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">godoses genom de bestämmelser i svensk rätt som gäller för Finans-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">inspektionen.</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p45 ft2">De anpassningar av det svenska regelverket som är nödvändiga med</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">anledning av de detaljerade reglarna i direktivet om hur behöriga myn-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">digheter ska samarbeta och bedriva tillsyn samt skyldigheten att delta i</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">tillsynskollegier, bör genomföras i föreskrifter på förordningsnivå.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr38 td326"><P class="p18 ft86"> </P></TD>
<TD class="tr40 td120"><P class="p18 ft88"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr20 td327"><P class="p39 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm-</P></TD>
<TD class="tr20 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td97"><P class="p18 ft2">ning.</P></TD>
<TD class="tr5 td294"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p39 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td97"><P class="p18 ft2">mot den.</P></TD>
<TD class="tr4 td294"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p39 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">I värdepappersbolagsdirektivet</SPAN></P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">ställs det upp vissa grundläggande krav när det gäller behöriga myndig-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">heters samarbete inom det europeiska systemet för finansiell tillsyn (artik-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">el 7). Motsvarande regler finns även i kapitaltäckningsdirektivet, med den</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">skillnaden att det i värdepappersbolagsdirektivet även anges att de uppgifter</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">som ska utväxlas ska vara uttömmande (artikel 6).</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p39 ft2">Regeln i kapitaltäckningsdirektivet är delvis genomförd i svensk rätt</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">genom bestämmelsen om samarbete och informationsutbyte i tillsynslagen</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">(6 kap. 3 §). En på motsvarande sätt generellt utformad bestämmelse finns</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">numera också i lagen om värdepappersmarknaden (23 kap. 5 §).</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p39 ft2">Vid genomförandet av kapitaltäckningsdirektivet gjordes bedömningen</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">att de detaljerade regler som mer specifikt anger på vilket sätt Finans-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">inspektionen ska samarbeta och utöva sina tillsynsuppgifter bör genom-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">föras i föreskrifter på lägre nivå än lag (prop. 2013/14:228 s. 212). Enligt</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">förordningen (2009:93) med instruktion för Finansinspektionen ska</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">myndigheten inom sitt ansvarsområde aktivt delta i det samarbete inom</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">EU som sker inom ramen för det europeiska systemet för finansiell tillsyn</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">och samarbeta med utländska myndigheter som har behörighet att utöva</P></TD>
<TD rowspan=2 class="tr19 td120"><P class="p16 ft2">189</P></TD>
</TR>
<TR>
<TD class="tr44 td97"><P class="p18 ft98"> </P></TD>
<TD class="tr44 td294"><P class="p18 ft98"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_190">
<DIV id="p190dimg1">
<INGENBILD zsrc="H803173190x1.jpg/" id="p190img1">
</DIV>
<P class="p497 ft2">Prop. 2020/21:173 tillsyn över finansiella marknader och finansiella företag samt i det sammanhanget bidra till att tillsynen samordnas (5 § 1). Enligt förord- ningen (2014:993) om särskild tillsyn och kapitalbuffertar ska Finansinspek- tionen underrätta kommissionen, Europeiska systemrisknämnden (ESRB), Eba och rådet i den utsträckning som följer av kapitaltäckningsdirektivet (7 §).</P>
<P class="p562 ft2">På motsvarande sätt som när det gäller kapitaltäckningsdirektivet bör reglerna i värdepappersbolagsdirektivet om de närmare formerna för samarbete och informationsutbyte regleras i föreskrifter på förordnings- nivå.</P>
<P class="p775 ft84"><SPAN class="ft82">12.1.3</SPAN><SPAN class="ft99">Tillsynens unionsdimension</SPAN></P>
<P class="p772 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Kravet i värdepappersbolagsdirektivet på att den behöriga myndigheten i sin tillsyn ska beakta unionsdimensionen tillgodoses genom gällande rätt.</P>
<P class="p701 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm- ning.</P>
<P class="p490 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända mot den.</P>
<P class="p480 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">Enligt värdepappersbolagsdirek- tivet ska de behöriga myndigheterna vid fullgörandet av sina allmänna åligganden ta vederbörlig hänsyn till den potentiella effekten av egna beslut på det finansiella systemets stabilitet i andra berörda medlemsstater och i hela unionen och framför allt i krissituationer, på grundval av de upp- gifter som är tillgängliga vid den relevanta tidpunkten (artikel 8). En mot- svarande regel finns i kapitaltäckningsdirektivet, men där anges inte att hänsyn även ska tas till den potentiella effekten i hela unionen (artikel 7).</SPAN></P>
<P class="p570 ft2">Enligt förordningen med instruktion för Finansinspektionen ska inspek- tionen överväga om åtgärder som myndigheten vidtar kan påverka stabili- teten i de finansiella systemen i andra länder inom EES (5 § 2). Regeringen anser att svensk rätt därigenom uppfyller kravet i värdepappersbolags- direktivet att den behöriga myndigheten i sin tillsyn ska beakta unions- dimensionen.</P>
<P class="p776 ft101"><SPAN class="ft76">12.2</SPAN><SPAN class="ft100">Samarbete och informationsutbyte mellan behöriga myndigheter</SPAN></P>
<P class="p777 ft84"><SPAN class="ft82">12.2.1</SPAN><SPAN class="ft99">Hemmedlemsstaters och värdmedlemsstaters befogenheter och åligganden</SPAN></P>
<P class="p778 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Finansinspektionen ska få hänskjuta frågor som rör ett förfarande av en annan behörig myndighet inom EES till Europeiska bankmyndigheten för tvistlösning även i en sådan situation som avses i artikel 13.5 i värdepappersbolagsdirektivet.</P>
<P class="p668 ft2">190</P>
</DIV>
<DIV id="page_191">
<DIV id="p191dimg1">
<INGENBILD zsrc="H803173191x1.jpg/" id="p191img1">
</DIV>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr2 td325"><P class="p45 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>I övrigt tillgodoses kraven i värdepappers-</P></TD>
<TD class="tr2 td120"><P class="p48 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr4 td325"><P class="p73 ft2">bolagsdirektivet på att den behöriga myndigheten ska samarbeta och</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td325"><P class="p73 ft2">utbyta information genom gällande rätt.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr38 td326"><P class="p18 ft86"> </P></TD>
<TD class="tr40 td120"><P class="p18 ft88"> </P></TD>
</TR>
<TR>
<TD class="tr20 td327"><P class="p416 ft22">Utredningens förslag och bedömning <SPAN class="ft2">överensstämmer med</SPAN></P></TD>
<TD class="tr20 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td327"><P class="p18 ft2">regeringens förslag och bedömning.</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p416 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget och bedömningen eller har</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">inget att invända mot dem.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td327"><P class="p416 ft22">Skälen för regeringens förslag och bedömning: <SPAN class="ft2">Enligt värdepappers-</SPAN></P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">bolagsdirektivet ska behöriga myndigheter samarbeta och utbyta informa-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">tion med varandra (artikel <NOBR>13.1–13.4).</NOBR> Dessa krav tillgodoses i fråga om</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td327"><P class="p18 ft2">Finansinspektionen genom de gällande generellt utformade bestämmel-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">serna om samarbete och informationsutbyte i tillsynslagen (6 kap. 3 §) och</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">lagen om värdepappersmarknaden (23 kap. 5 §).</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td327"><P class="p416 ft2">Bland kraven i värdepappersbolagsdirektivet ingår att behöriga myndig-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">heter i hemmedlemsstaten, på begäran, detaljerat ska förklara för värd-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">medlemsstatens behöriga myndigheter hur de har beaktat den information</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td327"><P class="p18 ft31">och de resultat som lämnats av värdmedlemsstatens behöriga myndigheter.</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">Om värdmedlemsstatens behöriga myndigheter vidhåller att behöriga</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft31">myndigheter i hemmedlemsstaten inte har vidtagit nödvändiga åtgärder får</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td327"><P class="p18 ft2">de, efter att ha informerat hemmedlemsstatens behöriga myndigheter, Eba</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">och Esma, vidta lämpliga åtgärder för att skydda de kunder som tillhanda-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">hålls tjänsterna eller för att skydda stabiliteten i det finansiella systemet.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td327"><P class="p18 ft2">Om hemmedlemsstatens behöriga myndigheter motsätter sig de åtgärder</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft31">som vidtas av värdmedlemsstatens behöriga myndigheter, får de hänskjuta</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">ärendet till Eba som ska agera i enlighet med förfarandet i artikel 19 i</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td327"><P class="p18 ft2">förordning (EU) nr 1093/2010 (artikel 13.5 i värdepappersbolags-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">direktivet). Det motsvarar det som gäller enligt kapitaltäckningsdirektivet</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">(artikel 50.4). Enligt tillsynslagen är det i dag möjligt för Finans-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td327"><P class="p18 ft31">inspektionen att hänskjuta vissa frågor till Eba för tvistlösning (6 kap. 5 §).</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">För att genomföra värdepappersbolagsdirektivet i denna del bör Finans-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td327"><P class="p18 ft2">inspektionen även få hänskjuta en fråga till Eba för tvistlösning i en sådan</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td327"><P class="p18 ft2">situation som avses i artikel 13.5 i direktivet.</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p314 ft84">12.2.2 Tillsyn av värdepappersföretagskoncerner</P>
<P class="p779 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Finansinspektionen ska få hänskjuta frågor till Europeiska bankmyndigheten när det uppstått oenighet om tillsyns- kollegiernas funktion även i en sådan situation som anges i artikel 48 i värdepappersbolagsdirektivet.</P>
<P class="p780 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Värdepappersbolagsdirektivets krav på information i krissituationer, på grupptillsynsmyndigheten och de be- rörda myndigheterna att utbyta information och samråda med varandra och på kontroll av vissa uppgifter tillgodoses genom gällande rätt.</P>
<P class="p781 ft2">Kravet i värdepappersbolagsdirektivet att den behöriga myndigheten ska vara skyldig att delta i tillsynskollegier bör genomföras i före- skrifter på förordningsnivå.</P>
<P class="p782 ft22">Utredningens förslag och bedömning <SPAN class="ft2">överensstämmer med regeringens förslag och bedömning.</SPAN></P>
<P class="p783 ft2">191</P>
</DIV>
<DIV id="page_192">
<P class="p473 ft2">Prop. 2020/21:173 <SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget och bedömningen eller har inget att invända mot dem.</P>
<P class="p784 ft22">Skälen för regeringens förslag och bedömning</P>
<P class="p785 ft3">Krav på information i krissituationer</P>
<P class="p559 ft2">Värdepappersbolagsdirektivet ställer upp ett informationskrav i krissitua- tioner (artikel 47). Ett i princip motsvarande krav finns i kapitaltäcknings- direktivet (artikel 114.1), vilket genom värdepappersbolagsdirektivet har ändrats på så att det har införts en hänvisning till det senare direktivet (artikel 62.18). Enligt tillsynslagen gäller i dag att om en kritisk situation uppstår i Sverige som kan äventyra likviditeten på finansmarknaden eller stabiliteten i det finansiella systemet i något land inom EES, ska Finans- inspektionen i sin tillsynsverksamhet samarbeta och utbyta information med andra berörda myndigheter inom EES, Eba och ESRB i den utsträckning som följer av Sveriges medlemskap i EU (6 kap. 3 § första stycket). Det ovan angivna kravet i värdepappersbolagsdirektivet tillgodoses därmed genom gällande rätt.</P>
<P class="p663 ft3">Tillsynskollegier</P>
<P class="p662 ft2">Enligt värdepappersbolagsdirektivet ska grupptillsynsmyndigheten, när det är lämpligt, kunna inrätta s.k. tillsynskollegier för att underlätta och effek- tivisera tillsynen (artikel 48). I direktivet finns det även närmare regler om bl.a. om behöriga myndigheters skyldigheter. Det överensstämmer i stor utsträckning med den reglering som finns i kapitaltäckningsdirektivet (arti- kel 116). Kravet i värdepappersbolagsdirektivet att Finansinspektionen ska vara skyldig att delta i tillsynskollegier bör genomföras i föreskrifter på för- ordningsnivå.</P>
<P class="p561 ft3">Hänskjutande till Eba för medling</P>
<P class="p662 ft2">Vid oenighet om ett beslut som antagits av grupptillsynsmyndigheten om tillsynskollegiernas funktion kan någon av de berörda behöriga myndighe- terna hänskjuta ärendet till Eba (artikel 48.7 i värdepappersbolagsdirek- tivet). En bestämmelse om hänskjutande i motsvarande situation enligt kapitaltäckningsdirektivet finns i dag i tillsynslagen (6 kap. 4 §). För att genomföra värdepappersbolagsdirektivet bör Finansinspektionen även få hänskjuta frågor till Eba då det uppstått oenighet om tillsynskollegiernas funktion i en sådan situation som anges i artikel 48 i värdepappersbolags- direktivet.</P>
<P class="p703 ft3">Krav på informationsutbyte och samråd</P>
<P class="p559 ft2">I värdepappersbolagsdirektivet finns även krav på grupptillsynsmyndig- heten och de behöriga myndigheterna att utbyta information och samråda med varandra (artikel 49). Ett liknande krav finns även i kapitaltäcknings- direktivet (artikel 117). Dessa krav tillgodoses genom de generellt utfor- made bestämmelserna om samarbete och informationsutbyte i tillsyns- lagen (6 kap. 3 §) och lagen om värdepappersmarknaden (23 kap. 5 §).</P>
<P class="p786 ft2">192</P>
</DIV>
<DIV id="page_193">
<TABLE cellpadding=0 cellspacing=0 class="t73">
<TR>
<TD class="tr2 td338"><P class="p18 ft3">Krav på bistånd med kontroll av vissa uppgifter</P></TD>
<TD class="tr2 td152"><P class="p112 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr33 td237"><P class="p18 ft2">Värdepappersbolagsdirektivet innehåller regler om kontroll av uppgifter</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td237"><P class="p18 ft2">om särskilt uppräknade företagstyper i andra medlemsstater (artikel 50).</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td237"><P class="p18 ft2">Motsvarande reglering finns i kapitaltäckningsdirektivet, med den skillnaden</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td237"><P class="p18 ft2">att finansiella holdingföretag ingår i uppräkningen i det direktivet i stället</P></TD>
</TR>
<TR>
<TD class="tr4 td338"><P class="p18 ft2">för värdepappersinriktade holdingföretag (artikel 118). De reglerna</P></TD>
<TD class="tr4 td152"><P class="p18 ft2">i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td237"><P class="p18 ft2">kapitaltäckningsdirektivet är i svensk rätt genomförda i en bestämmelse i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td237"><P class="p18 ft2">tillsynslagen (6 kap. 6 §). Den bestämmelsen är generellt utformad och</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td237"><P class="p18 ft2">omfattar inte bara vissa slags företag. Kravet på myndigheter att bistå</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td237"><P class="p18 ft2">myndigheter i andra länder inom EES med en sådan kontroll i fråga om företag</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td237"><P class="p18 ft2">som anges värdepappersbolagsdirektivet följer därmed redan av gällande rätt.</P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 class="t104">
<TR>
<TD class="tr3 td97"><P class="p343 ft82">12.2.3</P></TD>
<TD class="tr3 td294"><P class="p18 ft84">Tystnadsplikt och utbyte av konfidentiell</P></TD>
<TD class="tr3 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr16 td97"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td294"><P class="p18 ft84">information</P></TD>
<TD class="tr16 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr12 td324"><P class="p18 ft14"> </P></TD>
<TD class="tr44 td120"><P class="p18 ft98"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr16 td325"><P class="p73 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Det bör regleras i föreskrifter på förord-</P></TD>
<TD class="tr16 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">ningsnivå att Finansinspektionen ska underrätta kommissionen,</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">medlemsstaternas centralbanker, det europeiska centralbankssystemet,</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">Europeiska centralbanken och offentliga myndigheter med ansvar för</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">att övervaka betalnings- och avvecklingssystem i den utsträckning som</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">följer av värdepappersbolagsdirektivet.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p45 ft2">Reglerna i värdepappersbolagsdirektivet om tystnadsplikt och utbyte</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">av konfidentiell information i övrigt tillgodoses genom nuvarande</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">bestämmelser i tillsynslagen och offentlighets- och sekretesslagen.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr38 td326"><P class="p18 ft86"> </P></TD>
<TD class="tr40 td120"><P class="p18 ft88"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr20 td327"><P class="p39 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer delvis med regeringens</P></TD>
<TD class="tr20 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">bedömning. Enligt utredningens bedömning kan det vara nödvändigt att</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">genom föreskrifter på förordningsnivå anpassa regleringen av Finans-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">inspektionens underrättelseskyldighet i förhållande till utländska institu-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">tioner så att den också omfattar underrättelseskyldighet enligt värde-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">pappersbolagsdirektivet.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p39 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td97"><P class="p18 ft2">mot den.</P></TD>
<TD class="tr5 td294"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p39 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">I värdepappersbolagsdirektivet</SPAN></P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">finns regler om tystnadsplikt och utbyte av konfidentiell information</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">(artikel 15). I stora delar liknar de det som anges i kapitaltäcknings-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">direktivet, men regleringen i värdepappersbolagsdirektivet är inte lika</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">detaljerad. Vid genomförandet i svensk rätt av kapitaltäckningsdirektivet</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">gjordes bedömningen att det saknades behov av att ändra gällande</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">sekretessbestämmelser (prop. 2013/14:228 s. 211 f.).</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p39 ft31">I värdepappersbolagsdirektivet anges att medlemsstaterna ska säkerställa</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">att behöriga myndigheter och alla personer som arbetar eller har arbetat</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">för dessa behöriga myndigheter är bundna av tystnadsplikt vid tillämpning</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">av direktivet och värdepappersbolagsförordningen (artikel 15.1). Det följer</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">av offentlighets- och sekretesslagen (2009:400) att sekretess gäller i Finans-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">inspektionens tillsynsverksamhet i fråga om bank- och kreditväsendet och</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">värdepappersmarknaden för uppgift om affärs- eller driftförhållanden hos</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">den som myndighetens verksamhet avser, om det kan antas att denne lider</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">skada om uppgiften röjs (30 kap. 4 §). Sekretess gäller även för uppgift om</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">ekonomiska eller personliga förhållanden för annan som har trätt i affärs-</P></TD>
<TD rowspan=2 class="tr20 td120"><P class="p16 ft2">193</P></TD>
</TR>
<TR>
<TD class="tr38 td97"><P class="p18 ft86"> </P></TD>
<TD class="tr38 td294"><P class="p18 ft86"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_194">
<P class="p558 ft2">Prop. 2020/21:173 förbindelse eller liknande förbindelse med den som myndighetens verk-</P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft31">samhet avser. Vidare följer av offentlighets- och sekretesslagen att sekretess</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">gäller hos Finansinspektionen, i den utsträckning riksdagen har godkänt</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">avtal om detta med en mellanfolklig organisation, för sådan uppgift om</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">affärs- och driftförhållanden och ekonomiska eller personliga förhållanden</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">som myndigheten har fått enligt avtalet (30 kap. 7 §). I begreppet avtal</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">anses ingå rättsakter som gäller till följd av Sveriges medlemskap i EU (se</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">prop. 2004/05:142 s. 50 och prop. 2006/07:6 s. 32). Värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">direktivets krav i denna del är således tillgodosett genom dessa bestämmelser.</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p380 ft2">Enligt värdepappersbolagsdirektivet får fysiska och juridiska personer</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">och andra organ, utöver behöriga myndigheter, som mottar konfidentiell</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">information enligt direktivet och värdepappersbolagsförordningen</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">använda den enbart för de ändamål som uttryckligen föreskrivs av den</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">behöriga myndigheten eller i enlighet med nationell rätt (artikel 15.3). De</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">behöriga myndigheterna får uttryckligen ange hur informationen ska be-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">handlas och uttryckligen begränsa ytterligare överföringar av informa-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">tionen (artikel 15.4). Svenska myndigheter kan under vissa förutsättningar</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">lämna ut uppgifter med angivande av förbehåll. Enligt offentlighets- och</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">sekretesslagen gäller att om en myndighet finner att sådan risk för skada,</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft31">men eller annan olägenhet som enligt en bestämmelse om sekretess hindrar</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">att en uppgift lämnas till en enskild kan undanröjas genom ett förbehåll</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">som inskränker den enskildes rätt att lämna uppgiften vidare eller utnyttja</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">den, ska myndigheten göra ett sådant förbehåll när uppgiften lämnas till</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">den enskilde (10 kap. 14 §). Även värdepappersbolagsdirektivets krav i</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">denna del är således redan tillgodosett genom gällande rätt.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p380 ft31">Enligt värdepappersbolagsdirektivet ska inte tystnadsplikten hindra behöri-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">ga myndigheter från att överföra konfidentiell information till kommis-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">sionen när denna information krävs för att kommissionen ska kunna utöva</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">sina befogenheter (artikel 15.5). Vidare får de behöriga myndigheterna</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">lämna konfidentiell information till Eba, Esma, ESRB, medlemsstaternas</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">centralbanker, det europeiska centralbankssystemet och Europeiska</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">centralbanken, i deras egenskap av monetära myndigheter och, där så är</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">lämpligt, till offentliga myndigheter med ansvar för att övervaka betal-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">nings- och avvecklingssystem, om denna information krävs för att de ska</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">kunna fullgöra sina uppgifter (artikel 15.6). Liknande regler finns även i</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">kapitaltäckningsdirektivet (artikel 58).</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p380 ft2">Huvudregeln är att en uppgift för vilken sekretess gäller enligt offent-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">lighets- och sekretesslagen inte får röjas för andra myndigheter. Det finns</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">dock en s.k. sekretessbrytande bestämmelse som gör det möjligt att under</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">vissa förutsättningar lämna ut en sekretessbelagd uppgift till en utländsk</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">myndighet eller en mellanfolklig organisation (8 kap. 3 §). Enligt den</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">bestämmelsen får en sekretessbelagd uppgift röjas, om utlämnande sker i</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">enlighet med särskild föreskrift i lag eller förordning (punkt 1), eller om</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">uppgiften i motsvarande fall skulle få lämnas ut till en svensk myndighet</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">och det enligt den utlämnande myndighetens prövning står klart att det är</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">förenligt med svenska intressen att uppgiften lämnas till den utländska</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">myndigheten eller den mellanfolkliga organisationen (punkt 2).</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p380 ft2">Enligt tillsynslagen ska Finansinspektionen, i den utsträckning som</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">följer av Sveriges medlemskap i EU, i sin tillsynsverksamhet samarbeta</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">och utbyta information med bl.a. Eba, ESRB och Esma (6 kap. 3 §). Detta</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p278 ft2">194</P></TD>
<TD class="tr4 td243"><P class="p279 ft2">innebär att Finansinspektionen kan lämna sekretessbelagda uppgifter till</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_195">
<DIV id="p195dimg1">
<INGENBILD zsrc="H803173195x1.jpg/" id="p195img1">
</DIV>
<P class="p329 ft2">Eba, ESRB och Esma i den utsträckning som anges i värdepapperbolags- Prop. 2020/21:173 direktivet med stöd av 8 kap. 3 § 1 offentlighets- och sekretesslagen.</P>
<P class="p92 ft2">Finansinspektionen ska enligt förordningen (2014:993) om särskild till- syn och kapitalbuffertar också underrätta vissa där angivna europeiska institutioner i den utsträckning som följer av kapitaltäckningsdirektivet (7 §). För att uppfylla kravet i värdepappersbolagsdirektivet att Finans- inspektionen ska kunna lämna ut sekretessbelagda uppgifter även till kommissionen, medlemsstaternas centralbanker, det europeiska central- bankssystemet, Europeiska centralbanken och offentliga myndigheter med ansvar för att övervaka betalnings- och avvecklingssystem bör det på mot- svarande sätt regleras i föreskrifter på förordningsnivå att Finansinspek- tionen ska underrätta dem i den utsträckning som följer av värdepappers- bolagsdirektivet.</P>
<P class="p786 ft18"><SPAN class="ft76">12.3</SPAN><SPAN class="ft92">Tillsyn av myndighet i tredjeland</SPAN></P>
<P class="p787 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Bestämmelserna i tillsynslagen om gruppbaserad tillsyn när moderföretaget finns utanför EES ska bara tillämpas på kreditinstitut. En felaktig hänvisning i de bestämmelserna ska rättas.</P>
<P class="p780 ft2">Det ska införas ett nytt kapitel i tillsynslagen om tillsyn av värde- pappersföretagskoncerner när moderföretaget finns utanför EES.</P>
<P class="p780 ft2">Om ett värdepappersbolag, som inte står under effektiv tillsyn enligt värdepappersbolagsdirektivet, ingår i en koncern med minst ett annat värdepappersbolag eller ett motsvarande utländskt företag inom EES och deras gemensamma moderföretag har sitt huvudkontor utanför EES, ska följande gälla. Finansinspektionen ska då bedöma om den tillsyn som tillsynsmyndigheten i landet utanför EES har över värde- pappersföretagen är likvärdig med den tillsyn som anges i värde- pappersbolagsförordningen och i tillsynslagen.</P>
<P class="p781 ft2">Om tillsynen inte bedöms likvärdig, ska Finansinspektionen för det fall den skulle ha utövat tillsynen över värdepapperföretagskoncernen om tillsynslagens bestämmelser om tillsynsansvar för sådana koncerner hade gällt, besluta om lämpliga tillsynsmetoder som uppnår tillsyns- målen i värdepappersbolagsförordningen. Finansinspektionen ska få kräva att koncernen etablerar ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag inom EES och tillämpa bestämmelserna om tillsyn i värdepappersbolagsförordningen på detta företag. Innan Finansinspektionen fattar ett sådant beslut ska inspek- tionen samråda med övriga berörda behöriga myndigheter. Finans- inspektionen ska underrätta de berörda behöriga myndigheterna, Europeiska kommissionen och Europeiska bankmyndigheten om de åtgärder som vidtagits.</P>
<P class="p444 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag. Utredningens förslag har dock en annan lagteknisk utformning.</P>
<P class="p92 ft2"><SPAN class="ft22">Remissinstanserna: </SPAN>Flertalet remissinstanser tillstyrker förslaget eller har inget att invända mot det. <SPAN class="ft3">Sveriges advokatsamfund </SPAN>anser att de nya bestämmelser som föreslås är vaga i fråga om vilka kriterier som Finans- inspektionen ska tillämpa vid bedömningen av tillsynen i ett land utanför</P>
<P class="p727 ft2">195</P>
</DIV>
<DIV id="page_196">
<P class="p473 ft2">Prop. 2020/21:173 EES och vilka åtgärder inspektionen ska vidta om tillsynen bedöms inte vara likvärdig med den som avses i värdepappersbolagsförordningen.</P>
<P class="p784 ft22">Skälen för regeringens förslag</P>
<P class="p785 ft3">Värdepappersbolag bör tas bort ur regleringen</P>
<P class="p664 ft2">I värdepappersbolagsdirektivet finns regler om gruppbaserad tillsyn när moderföretaget finns utanför EES (artikel 55). Motsvarande regler finns även i kapitaltäckningsdirektivet (artikel 127), vilka i svensk rätt har genomförts i ett särskilt kapitel i tillsynslagen med bestämmelser om moderföretag utanför EES (7 kap.). Reglerna i de båda direktiven liknar varandra i flera avseenden, men som redovisas nedan finns det dock en del skillnader som motiverar att värdepappersbolag och kreditinstitut regleras i olika bestämmelser i tillsynslagen. För att genomföra de nu aktuella reg- lerna i värdepappersbolagsdirektivet bör det därför införas nya, särskilda bestämmelser för värdepappersbolag i tillsynslagen. Av tydlighetsskäl bör de placeras i ett eget kapitel i lagen. De nuvarande bestämmelserna i till- synslagen om moderföretag utanför EES bör gälla bara för kreditinstitut.</P>
<P class="p663 ft3">Nya bestämmelser för värdepappersbolag</P>
<P class="p788 ft31">För att en bedömning av tredjeländers tillsyn ska aktualiseras krävs det att det finns minst två värdepappersföretag, vars gemensamma moderföretag har sitt huvudkontor i ett tredjeland (artikel 55). Om värdepappersföretagen inte är föremål för en effektiv tillsyn på gruppnivå, ska medlemsstaterna säkerställa att den behöriga myndigheten bedömer huruvida värdepappers- företagen är föremål för tillsyn av tillsynsmyndigheten i tredjelandet som är likvärdig med den tillsyn som anges i värdepappersbolagsdirektivet och i del 1 (dvs. artiklarna <NOBR>1<SPAN class="ft29">–8)</SPAN></NOBR><SPAN class="ft29"> </SPAN>i värdepappersbolagsförordningen (artikel 55.1 i värdepappersbolagsdirektivet).</P>
<P class="p535 ft2">I kapitaltäckningsdirektivet anges att det är den behöriga myndigheten som annars skulle vara ansvarig för den gruppbaserade tillsynen som ska göra bedömningen av om tillsynen i tredjeland är likvärdig (artikel 127.1). I värdepappersbolagsdirektivet anges inte på motsvarande sätt vilken myn- dighet det är som ska göra bedömningen (artikel 55.1). Frågan är hur detta ska tolkas. Även i värdepappersbolagsdirektivet används uttrycket den behöriga myndigheten, dvs. singularform. Samtidigt ska det vara fråga om två eller flera värdepappersföretag, för vilka olika myndigheter kan vara behörig myndighet på företagsnivå. Enligt regeringens bedömning ligger det närmast till hands att tolka det som att respektive behörig myndighet ska göra en bedömning av om tillsynen är likvärdig. För denna tolkning talar också den omständigheten att det här, till skillnad från när det gäller vem som ska fatta beslut om tillsynsmetoderna (artikel 55.2), varken före- skrivs någon samråds- eller underrättelseskyldighet med andra behöriga myndigheter i samband med bedömningen. De nu aktuella reglerna i värdepappersbolagsdirektivet bör genomföras genom att det i tillsynslagen tas in en bestämmelse om att Finansinspektionen ska göra en bedömning om huruvida tillsynen är likvärdig när ett värdepappersbolag ingår i en sådan grupp (artikel 55.1).</P>
<P class="p789 ft2">I värdepappersbolagsdirektivet anges också vilka åtgärder som ska vid-</P>
<P class="p540 ft12">tas om bedömningen visar att det inte finns någon likvärdig tillsyn (arti-</P>
<P class="p14 ft2">196</P>
</DIV>
<DIV id="page_197">
<DIV>
<DIV id="id_1">
<P class="p677 ft2">kel 55.2). Medlemsstaterna ska då tillåta lämpliga tillsynsmetoder som uppnår tillsynsmålen i artikel 7 i värdepappersbolagsförordningen eller villkoren i gruppkapitaltestet i artikel 8 i samma förordning. Som framgår ovan anges det i detta sammanhang att beslutet ska fattas av den behöriga myndighet som skulle ha varit grupptillsynsmyndighet om moderföretaget varit etablerat i unionen. Beslutet ska föregås av samråd med övriga involverade behöriga myndigheter. Vidare framgår att övriga involverade behöriga myndigheter, Eba och kommissionen ska underrättas om varje åtgärd som vidtas enligt punkten. För att genomföra de reglerna i direktivet bör det i tillsynslagen tas in en bestämmelse om att Finansinspektionen ska agera på föreskrivet sätt i de fall inspektionen skulle ha varit tillsynsansvarig myndighet.</P>
<P class="p626 ft2"><SPAN class="ft3">Sveriges advokatsamfund </SPAN>anser att de nya bestämmelser som föreslås är vaga i vissa avseenden. Regeringen anser att det som anges om tillsyn i tillsynslagen och i del 1 i värdepappersbolagsförordningen (särskilt artiklarna <NOBR>5–8)</NOBR> ger viss ledning dels för bedömningen av om tillsynen i ett land utanför EES är likvärdig med den tillsyn som behöriga myndigheter ska utöva enligt förordningen, dels för vilka åtgärder som Finansinspek- tionen bör vidta om inspektionen bedömer att tillsynen inte är likvärdig.</P>
<P class="p115 ft2">Enligt värdepappersbolagsdirektivet får den ansvariga myndigheten på gruppnivå särskilt kräva att gruppen etablerar ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag i unionen samt tillämpa artikel 7 eller 8 i värdepappersbolagsförordningen på företaget (artikel 55.3). Genom att uttrycket ”särskilt” används får det enligt rege- ringens mening ses som ett exempel på ett beslut som kan fattas om att tillåta lämpliga tillsynsmetoder som uppnår tillsynsmålen enligt någon av dessa artiklar (artikel 55.2). Denna tolkning medför att det råder en samråds- respektive underrättelseskyldighet i samband med ett sådant beslut, vilket också framstår som rimligt. Det är därför lämpligt att dessa regler i direktivet genomförs i bestämmelser i tillsynslagen på så sätt att detta tydligt framgår.</P>
<P class="p626 ft2">Termer som t.ex. grupptillsyn bör undvikas vid utformningen av de nya bestämmelserna för att klargöra att det inte är fråga om grupper enligt kapitaltäckningsdirektivet (se avsnitt 6.3).</P>
<P class="p284 ft3">Rättelse av en felaktig hänvisning i tillsynslagen</P>
<P class="p790 ft31">I 7 kap. 1 § tillsynslagen, när det gäller avgränsningen av när Finansinspek- tionen ska agera, finns en hänvisning till 4 kap. <NOBR>2–4</NOBR> §§ samma lag. I 4 kap. 2 och 3 §§ regleras de fall då behöriga myndigheter i vissa fall kan ingå överenskommelser om att någon annan myndighet än den som följer av huvudregeln ska utöva den gruppbaserade tillsynen. Hänvisningen omfattar dock inte 4 kap. 1 §, som innehåller huvudregeln om tillsyns- ansvarig myndighet. Däremot finns en hänvisning till 4 kap. 4 §, som inte handlar om utpekande av myndighet utan om att Finansinspektionen i egenskap av tillsynsansvarig myndighet ska lämna en rapport som innehåller en riskvärdering av gruppen till övriga berörda behöriga myndigheter. I för- fattningskommentaren till 7 kap. tillsynslagen anges att bestämmelserna motsvarar 11 kap. <NOBR>1–3</NOBR> §§ lagen (2006:1371) om kapitaltäckning och stora</P>
<TABLE cellpadding=0 cellspacing=0 class="t105">
<TR>
<TD class="tr2 td256"><P class="p18 ft2">exponeringar (kapitaltäckningslagen)</P></TD>
<TD class="tr2 td90"><P class="p29 ft2">med vissa justeringar (se</P></TD>
</TR>
<TR>
<TD class="tr4 td256"><P class="p18 ft2">prop. 2013/14:228 s. 281). I 11 kap.</P></TD>
<TD class="tr4 td90"><P class="p16 ft2">1 § den numera upphävda kapital-</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">197</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_198">
<DIV id="p198dimg1">
<INGENBILD zsrc="H803173198x1.jpg/" id="p198img1">
</DIV>
<P class="p791 ft31">Prop. 2020/21:173 täckningslagen fanns en hänvisning till 10 kap. <NOBR>2–4</NOBR> §§ samma lag, dvs. såväl bestämmelserna om ansvarig myndighet enligt huvudregeln som efter särskilda överenskommelser mellan myndigheterna. Regeringen kan inte se någon annan förklaring till hänvisningen i 7 kap. 1 § tillsynslagen än att den av förbiseende kommit att omfatta även 4 kap. 4 § samma lag. Hänvisningen bör därför ändras så att den i stället bara avser 4 kap. <NOBR>1–3</NOBR> §§.</P>
<P class="p792 ft18"><SPAN class="ft76">12.4</SPAN><SPAN class="ft91">Samarbetsarrangemang för utbyte av information med myndigheter i tredjeländer</SPAN></P>
<P class="p614 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Reglerna i värdepappersbolagsdirektivet om samarbetsarrangemang för utbyte av information med myndigheter i tredjeländer bör genomföras i föreskrifter på förordningsnivå.</P>
<P class="p690 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm- ning.</P>
<P class="p477 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända mot den.</P>
<P class="p477 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">I värdepappersbolagsdirektivet regleras samarbetsarrangemang med myndigheter i tredjeländer (artik- el 16). De innebär att behöriga myndigheter, Eba och Esma för att fullgöra sina tillsynsuppgifter och för att utbyta information får ingå samarbets- arrangemang med tredjeländers tillsynsmyndigheter eller tredjeländers myndigheter eller organ med ansvar för bl.a. tillsyn över finansiella institut och finansiella marknader och för värdepappersföretags likvidation och konkurs.</SPAN></P>
<P class="p498 ft2">I kapitaltäckningsdirektivet finns delvis liknande regler (artikel 55). I det direktivet anges dock, till skillnad från i värdepappersbolags- direktivet, att medlemsstaterna, och alltså inte behöriga myndigheter, får ingå sådana samarbetsarrangemang.</P>
<P class="p691 ft31">På ett angränsande område, i marknadsmissbruksförordningen, finns en liknande bestämmelse om att de behöriga myndigheterna under vissa förutsättningar ska komma överens om samarbetsformer med behöriga tillsynsmyndigheter i tredjeländer om utbyte av information (artikel 26). I det lagstiftningsärende där det bl.a. gjordes överväganden om vilka ändringar som behövde göras i svensk rätt med anledning av marknadsmiss- bruksförordningen konstaterades att ett avtal som Finansinspektionen ingår i syfte att upprätta samarbetsformer med tredjeland är en sådan interna- tionell överenskommelse som enligt regeringsformens bestämmelser som huvudregel ska ingås av regeringen (prop. 2016/17:22 s. 178). Av regeringsformen följer dock att regeringen får uppdra åt en förvaltnings- myndighet att ingå sådana internationella överenskommelser som inte kräver riksdagens eller Utrikesnämndens medverkan (10 kap. 2 §). Regeringen anser att samarbetsarrangemang av det nu aktuella slaget enligt värdepappersbolags- direktivet bör anses utgöra en sådan internationell överenskommelse som får ingås av regeringen eller som regeringen får uppdra åt Finansinspektionen att ingå. Ett sådant uppdrag bör lämnas till Finansinspektionen genom föreskrifter på förordningsnivå.</P>
<P class="p188 ft2">198</P>
</DIV>
<DIV id="page_199">
<P class="p627 ft2">En förutsättning för ett samarbetsarrangemang enligt värdepappers- Prop. 2020/21:173 bolagsdirektivet är att den utlämnade informationen omfattas av garantier</P>
<P class="p793 ft2">om tystnadsplikt som minst motsvarar dem som fastställs i direktivet (artikel 16). När det gäller sekretess för uppgifter som inhämtas från tredje- land krävs i detta sammanhang för att sekretess ska gälla enligt offent- lighets- och sekretesslagen att riksdagen har godkänt avtal om detta (30 kap. 7 § första stycket första meningen). Om Finansinspektionen i framtiden ingår ett avtal med tredjeland om informationsutbyte kan det diskuteras, i enlighet med vad som framfördes i den ovan nämnda propositionen, om riksdagen verkligen godkänt detta avtal. Enligt offentlighets- och sekretesslagen gäller dock sekretess även för sådana uppgifter som Finansinspektionen har fått från en utländsk myndighet eller ett utländskt organ enligt något annat avtal, om regeringen meddelar föreskrifter om det (30 kap. 7 § första stycket andra meningen). I 8 § offentlighets- och sekretessförordningen (2009:641) anges de myndigheter och organ som Finansinspektionen träffat avtal med och vars uppgifter om- fattas av sekretess. Liksom det framfördes i nämnda proposition (s. 178 f.) bör därför Finansinspektionen, om inspektionen avser att ingå ett avtal om informationsutbyte med en tillsynsmyndighet i tredjeland, anmäla detta till Finansdepartementet för att regeringen ska kunna överväga att meddela föreskrifter om att sekretess ska gälla för de uppgifter som inspektionen får enligt avtalet.</P>
<TABLE cellpadding=0 cellspacing=0 class="t106">
<TR>
<TD class="tr19 td98"><P class="p249 ft76">12.5</P></TD>
<TD class="tr19 td339"><P class="p42 ft18">Samarbete med resolutionsmyndigheter</P></TD>
<TD class="tr19 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr45 td324"><P class="p18 ft102"> </P></TD>
<TD class="tr37 td120"><P class="p18 ft85"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr2 td325"><P class="p73 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Finansinspektionen ska, i fråga om sådana</P></TD>
<TD class="tr2 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">värdepappersbolag som omfattas av tillämpningsområdet för lagen om</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">resolution, underrätta Riksgäldskontoret och övriga berörda utländska</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">resolutionsmyndigheter om beslut om särskilda kapitalbaskrav och om</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">krav på justeringar när det gäller ytterligare kapitalbasnivåer.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr38 td326"><P class="p18 ft86"> </P></TD>
<TD class="tr40 td120"><P class="p18 ft88"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr20 td327"><P class="p39 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag.</P></TD>
<TD class="tr20 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p39 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft2">det.</P></TD>
<TD class="tr4 td339"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p39 ft2"><SPAN class="ft22">Skälen för regeringens förslag: </SPAN>Som framgår av avsnitt 13.4.1 ska</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">Finansinspektionen få besluta att ett värdepappersbolag ska uppfylla ett</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft2">särskilt</P></TD>
<TD class="tr4 td339"><P class="p18 ft2">kapitalbaskrav (artikel 39.2 a i värdepappersbolagsdirektivet).</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">Vidare ska inspektionen under vissa förutsättningar få kräva att värde-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">pappersbolag ska ha ytterligare kapitalbasnivåer (artikel 41). När det gäller</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">ett värdepappersföretag som omfattas av krishanteringsdirektivets tillämp-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">ningsområde ska behöriga myndigheter underrätta relevanta resolutions-</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">myndigheter om krav på ytterligare kapitalbas som införs enligt värde-</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">pappersbolagsdirektivet och om eventuella förväntningar på justeringar av</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">den ytterligare kapitalbasen (artikel 43). Genom ändringsdirektivet har det</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft31">införts en motsvarande underrättelseskyldighet i kapitaltäckningsdirektivet</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">i fråga om beslut om särskilda kapitalbaskrav och de riktlinjer för särskild</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">kapitalbas som meddelats (artikel 104 c).</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p39 ft2">För svenskt vidkommande är Riksgäldskontoret resolutionsmyndighet</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">(1 kap. 3 § första stycket lagen [2015:1016] om resolution). Enligt lagen</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p18 ft2">om värdepappersmarknaden ska Finansinspektionen, när inspektionen</P></TD>
<TD class="tr5 td120"><P class="p16 ft2">199</P></TD>
</TR>
</TABLE>
</DIV>
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<P class="p497 ft2">Prop. 2020/21:173 har anledning att ingripa mot ett värdepappersbolag och då överträdelserna är av sådan art eller omfattning att det finns skäl att anta att värdepappers- bolaget kan komma att omfattas av resolution, underrätta Riksgäldskonto- ret (25 kap. 2 b §). Den underrättelseskyldigheten omfattar inte ovan nämnda underrättelseskyldighet enligt värdepappersbolagsdirektivet. (artikel 43). Underrättelseskyldigheten enligt direktivet kan även gälla i förhållande till utländska resolutionsmyndigheter. Det krävs därför åtgärder för att i svensk rätt genomföra dessa regler i värdepappersbolags- direktivet.</P>
<P class="p757 ft2">Det skulle i och för sig kunna övervägas om det inte är tillräckligt att skyldigheten för Finansinspektionen att underrätta Riksgäldskontoret och berörda utländska resolutionsmyndigheter regleras i föreskrifter på lägre nivå än lag. Med tanke på att den ovan nämnda underrättelseskyldigheten enligt lagen om värdepappersmarknaden är lagfäst, är det dock lämpligt att även underrättelseskyldigheten enligt värdepappersbolagsdirektivet kommer till uttryck i lag. Det kan också noteras att det i propositionen Ändringar i regelverket om kapitaltäckning (prop. 2020/21:36, bet. 2020/21:FiU37, rskr. 2020/21:116) föreslogs att kapitaltäckningsdirek- tivets krav i motsvarande avseende bör genomföras i lag (s. 113 f.). De nu aktuella reglerna i värdepappersbolagsdirektivet bör därför genomföras i motsvarande bestämmelser i tillsynslagen.</P>
<P class="p794 ft18"><SPAN class="ft76">12.6</SPAN><SPAN class="ft91">Tystnadsplikt samt skyldighet att lämna uppgifter till undersökningsledare eller åklagare</SPAN></P>
<P class="p753 ft31"><SPAN class="ft35">Regeringens förslag: </SPAN>En styrelseledamot eller befattningshavare hos ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holding- företag som i den egenskapen får kunskap om affärsförhållanden i ett företag som enligt värdepappersbolagsförordningen ska lämna upp- gifter, får inte obehörigen röja vad han eller hon fått veta och inte heller utnyttja kunskapen i strid med det uppgiftslämnande företagets intresse.</P>
<P class="p615 ft2">Ett värdepappersinriktat holdingföretag ska vara skyldigt att lämna ut uppgifter om enskildas förhållanden till företaget, om det under en utredning enligt bestämmelserna om förundersökning i brottmål begärs av undersökningsledaren eller om det begärs av åklagare i ett ärende om rättslig hjälp i brottmål, på framställning av en annan stat eller en mellanfolklig domstol, eller i ett ärende om erkännande och verk- ställighet av en europeisk utredningsorder. Uppgifterna ska lämnas ut utan dröjsmål och i elektronisk form.</P>
<P class="p667 ft2">En undersökningsledare eller åklagare som begär uppgifter enligt till- synslagen ska få besluta om meddelandeförbud i förhållande till även värdepappersinriktade holdingföretag samt dess styrelseledamöter och anställda.</P>
<P class="p795 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag. <SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot</P>
<P class="p540 ft2">det.</P>
<P class="p314 ft2">200</P>
</DIV>
<DIV id="page_201">
<TABLE cellpadding=0 cellspacing=0 class="t94">
<TR>
<TD class="tr5 td81"><P class="p18 ft22">Skälen för regeringens förslag</P></TD>
<TD class="tr5 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
</TABLE>
<P class="p654 ft3">Tystnadsplikt</P>
<P class="p655 ft2">Enligt tillsynslagen ska företag som enligt tillsynsförordningen står under tillsyn utifrån sin konsoliderade situation och dotterföretag till ett institut eller ett finansiellt holdingföretag eller ett blandat finansiellt holding- företag som inte omfattas av bestämmelserna om gruppbaserad tillsyn lämna de uppgifter som krävs för tillsynsredovisningen till det företag som enligt tillsynsförordningen ska upprätta gruppbaserad redovisning eller samlad information (6 kap. 7 §). Av värdepappersbolagsförordningen följer att modervärdepappersföretag inom unionen, värdepappersinriktade moderholdingföretag inom unionen och blandade finansiella moder- holdingföretag inom unionen och de av dess dotterföretag som omfattas av förordningen ska inrätta en lämplig organisationsstruktur och lämpliga interna kontrollmekanismer för att säkerställa att de data som krävs för konsolidering behandlas och översänds på vederbörligt sätt (artikel 7.1). Moderföretag ska i synnerhet säkerställa att dotterföretag som inte omfattas av förordningen inför arrangemang, processer och rutiner som säkerställer en korrekt konsolidering.</P>
<P class="p767 ft31">I tillsynslagen finns bestämmelser om tystnadsplikt som hänger ihop med uppgiftsskyldigheten enligt den lagen (6 kap. 10 §). De innebär att en styrelseledamot eller befattningshavare hos ett finansiellt holdingföretag eller blandat finansiellt holdingföretag, som i den egenskapen får kunskap om affärsförhållanden i ett företag som ska lämna uppgifter enligt den lagen, inte obehörigen får röja vad han eller hon fått veta och inte heller utnyttja kunskapen i strid med det uppgiftslämnande företagets intresse. Tystnads- plikten bör även gälla för en styrelseledamot eller befattningshavare hos ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag som i den egenskapen får kunskap om affärsförhållanden i ett företag som enligt värdepappersbolagsförordningen (artikel 7.1) ska lämna uppgifter. Att tystnadsplikt gäller för den som är eller har varit knuten till ett värdepappersbolag som anställd eller uppdragstagare följer av lagen om värdepappersmarknaden (1 kap. 11 §).</P>
<P class="p3 ft3">Skyldighet att lämna uppgifter till undersökningsledare eller åklagare</P>
<P class="p796 ft2">Ett finansiellt holdingföretag eller ett blandat finansiellt holdingföretag är enligt tillsynslagen skyldigt att lämna ut uppgifter om enskildas förhållan- den till företaget, om det under en utredning enligt bestämmelserna om förundersökning i brottmål begärs av undersökningsledaren eller om det begärs av åklagare i ett ärende om rättslig hjälp i brottmål, på framställning av en annan stat eller en mellanfolklig domstol, eller i ett ärende om erkännande och verkställighet av en europeisk utredningsorder (6 kap. 11 §). Denna uppgiftsskyldighet bör även gälla för ett värdepappersinriktat holdingföretag.</P>
<P class="p797 ft31">Den undersökningsledare eller åklagare som begär uppgifter enligt till- synslagen får besluta om meddelandeförbud i förhållande till holdingföre- taget samt dess styrelseledamöter och anställda (6 kap. 12 §). Motsvarande bör gälla i förhållande till värdepappersinriktade holdingföretag.</P>
<P class="p798 ft2">201</P>
</DIV>
<DIV id="page_202">
<DIV id="p202dimg1">
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<TABLE cellpadding=0 cellspacing=0 class="t107">
<TR>
<TD class="tr27 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft89">13</SPAN></P></TD>
<TD class="tr27 td263"><P class="p18 ft1">Sanktioner och andra ingripanden</P></TD>
</TR>
</TABLE>
<P class="p540 ft18"><SPAN class="ft76">13.1</SPAN><SPAN class="ft91">Inledning</SPAN></P>
<P class="p799 ft2">De nya reglerna för värdepappersbolag i värdepappersbolagsförordningen och värdepappersbolagsdirektivet innebär inte några större förändringar när det gäller sanktioner och andra ingripanden mot värdepappersbolag och personer som ingår i ledningen för sådana bolag. Det finns dock behov av att ändra vissa hänvisningar i lagen om värdepappersmarknaden och att komplettera det svenska regelverket på detta område.</P>
<P class="p800 ft18"><SPAN class="ft76">13.2</SPAN><SPAN class="ft91">Värdepappersbolag och fysiska personer som ingår i ledningen</SPAN></P>
<P class="p689 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>I bestämmelserna i lagen om värdepappers- marknaden om ingripande mot någon som ingår i styrelsen för ett värdepappersbolag eller är dess verkställande direktör, eller ersätt- are för någon av dem, ska hänvisningarna till tillsynsförordningen ersättas med hänvisningar till värdepappersbolagsförordningen.</P>
<P class="p615 ft2">Vid ingripanden mot någon som ingår i styrelsen för ett värde- pappersbolag som ska tillämpa tillsynsförordningen eller är dess verk- ställande direktör, eller ersättare för någon av dem, ska bestämmelserna om ingripanden i lagen om bank- och finansieringsrörelse vara tillämp- liga.</P>
<P class="p615 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Kraven i värdepappersbolagsdirektivet på att den behöriga myndigheten ska kunna ingripa genom administrativa sanktioner och andra administrativa åtgärder mot värdepappersbolag kräver inte några lagstiftningsåtgärder.</P>
<P class="p652 ft2">Kraven i direktivet på att den behöriga myndigheten ska offentliggöra sina beslut om sanktioner bör regleras genom föreskrifter på förord- ningsnivå.</P>
<P class="p701 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer i sak med regeringens förslag och bedömning.</P>
<P class="p490 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot det.</P>
<P class="p801 ft22">Skälen för regeringens förslag och bedömning</P>
<P class="p802 ft3">Ingripanden mot värdepappersbolag och krav på offentliggörande av beslut</P>
<P class="p559 ft2">Enligt värdepappersbolagsdirektivet ska medlemsstaterna fastställa regler om administrativa sanktioner och andra administrativa åtgärder och säker- ställa att deras behöriga myndigheter har befogenhet att ålägga sådana sanktioner och åtgärder vid överträdelser av nationella bestämmelser som genomför det direktivet och av värdepappersbolagsförordningen (arti- kel 18.1). Enligt direktivet ska de sanktionerna och åtgärderna kunna tillämpas bl.a. när ett värdepappersföretag</P>
<P class="p507 ft2">202</P>
</DIV>
<DIV id="page_203">
<DIV>
<DIV id="id_1">
<P class="p803 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">underlåter att inrätta sådana interna styrningssystem som beskrivs i artikel 26,</SPAN></P>
<P class="p599 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">genom överträdelse av artikel 54.1 b i värdepappersbolagsförord- ningen underlåter att rapportera uppgifter om, eller tillhandahåller ofullständiga eller felaktiga uppgifter om, efterlevnaden av skyldigheten att uppfylla kapitalbaskrav enligt artikel 11 i den förordningen till de behöriga myndigheterna,</SPAN></P>
<P class="p602 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft17">genom överträdelse av artikel 54.1 e i värdepappersbolagsförord- ningen underlåter att rapportera uppgifter om, eller tillhandahåller ofull- ständiga eller felaktiga uppgifter om, koncentrationsrisk till de behöriga myndigheterna,</SPAN></P>
<P class="p601 ft2"><SPAN class="ft2">d)</SPAN><SPAN class="ft17">ådrar sig en koncentrationsrisk som överstiger gränserna i artikel 37 i värdepappersbolagsförordningen, utan att det påverkar tillämpningen av artiklarna 38 och 39 i den förordningen,</SPAN></P>
<P class="p601 ft2"><SPAN class="ft2">e)</SPAN><SPAN class="ft17">genom överträdelse av artikel 43 i värdepappersbolagsförordningen vid upprepade tillfällen eller systematiskt underlåter att inneha likvida till- gångar, utan att det påverkar tillämpningen av artikel 44 i den förord- ningen,</SPAN></P>
<P class="p602 ft2"><SPAN class="ft2">f)</SPAN><SPAN class="ft33">genom överträdelse av bestämmelserna i del sex i värdepappers- bolagsförordningen underlåter att offentliggöra information, eller till- handahåller ofullständig eller felaktig information,</SPAN></P>
<P class="p601 ft2"><SPAN class="ft2">g)</SPAN><SPAN class="ft17">gör betalningar till innehavare av instrument som ingår i värde- pappersföretagets kapitalbas i fall där artiklarna 28, 52 eller 63 i tillsyns- förordningen förbjuder sådana betalningar till innehavare av instrument som ingår i kapitalbasen,</SPAN></P>
<P class="p601 ft2"><SPAN class="ft2">h)</SPAN><SPAN class="ft17">har befunnits ansvarigt för en allvarlig överträdelse av nationella bestämmelser som antagits enligt Europaparlamentets och rådets direktiv (EU) 2015/849 av den 20 maj 2015 om åtgärder för att förhindra att det finansiella systemet används för penningtvätt eller finansiering av terrorism, om ändring av Europaparlamentets och rådets förordning (EU) nr 648/2012 och om upphävande av Europaparlamentets och rådets direk- tiv 2005/60/EG och kommissionens direktiv 2006/70/EG,</SPAN></P>
<P class="p602 ft2"><SPAN class="ft2">i)</SPAN><SPAN class="ft17">tillåter en eller flera personer som inte uppfyller kraven i artikel 91 i kapitaltäckningsdirektivet att bli eller kvarstå som ledamöter i lednings- organet.</SPAN></P>
<P class="p804 ft2">Medlemsstaterna ska enligt värdepappersbolagsdirektivet (artikel 20.1) säkerställa att behöriga myndigheter utan onödigt dröjsmål på sin officiella webbplats offentliggör administrativa sanktioner och andra administrativa åtgärder som har ålagts i enlighet med direktivet, som inte har överklagats eller inte längre kan överklagas.</P>
<P class="p192 ft2">För värdepappersbolag finns i gällande svensk rätt en generell bestäm- melse i lagen om värdepappersmarknaden om att Finansinspektionen ska ingripa mot ett värdepappersbolag som har åsidosatt sina skyldigheter enligt den lagen eller andra författningar som reglerar bolagets verksamhet (25 kap. 1 §). Med författningar avses även <NOBR>EU-förordningar</NOBR> (jfr prop. 2006/07:115 s. 628). Möjligheterna att ingripa mot värdepappersbolag som åsidosätter sina skyldigheter enligt de svenska bestämmelser som genomför värdepappersbolagsdirektivet eller enligt värdepappersbolags- förordningen finns därmed redan i svensk rätt. Värdepappersbolags-</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">203</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_204">
<P class="p473 ft2">Prop. 2020/21:173 direktivet kräver i denna del inte några lagstiftningsåtgärder. I avsnitt 13.3 föreslås dock lagändringar som även berör värdepappersbolag.</P>
<P class="p477 ft2">I värdepappersbolagsdirektivet (artikel 18.2 första stycket) finns en upp- räkning av de administrativa sanktioner och andra administrativa åtgärder som de behöriga myndigheterna åtminstone ska ha. I uppräkningen anges följande åtgärder.</P>
<P class="p498 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">Ett offentligt utlåtande med uppgift om vilken fysisk eller juridisk person eller vilket värdepappersföretag, värdepappersinriktat holding- företag eller blandat finansiellt holdingföretag som bär ansvaret och om överträdelsens karaktär.</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">Ett föreläggande enligt vilket det krävs att den ansvariga fysiska eller juridiska personen upphör med sitt agerande och inte upprepar detta.</SPAN></P>
<P class="p477 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft33">Tillfälligt förbud för ledamöter i värdepappersföretagets lednings- organ, eller andra fysiska personer som hålls ansvariga, att utöva uppdrag</SPAN></P>
<P class="p540 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft33">värdepappersföretag.</SPAN></P>
<P class="p477 ft2"><SPAN class="ft2">d)</SPAN><SPAN class="ft33">I fråga om en juridisk person, administrativa sanktionsavgifter på upp till 10 procent av företagets totala årliga nettoomsättning, inbegripet bruttointäkter i form av ränteintäkter och liknande intäkter, intäkter från aktier och andra värdepapper med rörlig eller fast avkastning och provi- sionsintäkter under det föregående räkenskapsåret.</SPAN></P>
<P class="p477 ft2"><SPAN class="ft2">e)</SPAN><SPAN class="ft33">I fråga om en fysisk person, administrativa sanktionsavgifter på upp till två gånger beloppet för den vinst som erhållits eller de förluster som undvikits genom överträdelsen, i fall där dessa kan fastställas.</SPAN></P>
<P class="p477 ft2"><SPAN class="ft2">f)</SPAN><SPAN class="ft33">I fråga om en fysisk person, administrativa sanktionsavgifter på upp till 5 miljoner euro eller, i medlemsstater som inte har euron som valuta, motsvarande värde i nationell valuta den 25 december 2019.</SPAN></P>
<P class="p805 ft2">Även de sanktionsmöjligheter som anges i direktivet finns enligt gällande svensk rätt i fråga om värdepappersbolag. Möjligheten att förelägga ett värdepappersbolag att upphöra med ett visst agerande (artikel 18.2 första stycket b) finns enligt lagen om värdepappersmarknaden och möjligheten att besluta om sanktionsavgifter på de nivåer som anges i direktivet (artikel 18.2 första stycket d) finns även enligt samma lag (25 kap. 1 § andra stycket, 8 och 9 §§).</P>
<P class="p498 ft2">Medlemsstaterna ska enligt värdepappersbolagsdirektivet (artikel 18.3) säkerställa att de behöriga myndigheterna, när de fastställer typen av administrativa sanktioner eller andra administrativa åtgärder och nivån på administrativa sanktionsavgifter, beaktar alla relevanta omständigheter, där så är lämpligt. I direktivet finns en <NOBR>icke-uttömmande</NOBR> uppräkning av omständigheter enligt följande.</P>
<P class="p505 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">Överträdelsens svårighetsgrad och varaktighet.</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">Graden av ansvar hos de fysiska eller juridiska personer som gjort sig skyldiga till överträdelsen.</SPAN></P>
<P class="p477 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft33">Den finansiella ställningen för de fysiska eller juridiska personer som gjort sig skyldiga till överträdelsen, inbegripet juridiska personers totala omsättning eller fysiska personers årsinkomst.</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">d)</SPAN><SPAN class="ft33">Omfattningen av de vinster som erhållits eller förluster som undvikits av de juridiska personer som gjort sig skyldiga till överträdelsen.</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">e)</SPAN><SPAN class="ft33">Förluster för tredje parter orsakade av överträdelsen.</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">f)</SPAN><SPAN class="ft17">Graden av samarbete med relevanta behöriga myndigheter.</SPAN></P>
<P class="p102 ft2">204</P>
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<P class="p109 ft2"><SPAN class="ft2">g)</SPAN><SPAN class="ft17">Tidigare överträdelser av de fysiska eller juridiska personer som har gjort sig skyldiga till överträdelsen.</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">h)</SPAN><SPAN class="ft17">Överträdelsens eventuella konsekvenser för det finansiella systemet.</SPAN></P>
<P class="p806 ft2">De omständigheter som enligt värdepappersbolagsdirektivet (artikel 18.3) ska beaktas vid valet av sanktion och sanktionsavgifternas storlek är redan angivna i svensk rätt (se 25 kap. 2, 2 a och 10 §§ lagen om värdepappers- marknaden).</P>
<P class="p239 ft31">Bestämmelser om att Finansinspektionen ska offentliggöra sina beslut om sanktioner (se artiklarna 18.2 första stycket a och 20 i värdepappers- bolagsdirektivet) finns i svensk rätt på förordningsnivå (5 a kap. 1 § förord- ningen [2007:572] om värdepappersmarknaden och 3 § 6 förordningen [2014:993] om särskild tillsyn och kapitalbuffertar). Kraven i värdepappers- bolagsdirektivet på att beslut ska offentliggöras bör hanteras på samma sätt.</P>
<P class="p807 ft3">Ingripanden mot fysiska personer som ingår i ledningen för ett värdepappersbolag</P>
<P class="p635 ft2">Enligt värdepappersbolagsdirektivet (artikel 18.2 tredje stycket) ska med- lemsstaterna säkerställa att om ett värdepappersföretag överträder natio- nella bestämmelser som införlivar det direktivet eller överträder värde- pappersbolagsförordningen, ska den behöriga myndigheten kunna tilläm- pa administrativa sanktioner på ledamöter i ledningsorganet och andra fysiska personer som enligt nationell rätt är ansvariga för överträdelsen.</P>
<P class="p115 ft2">I fråga om ingripanden mot fysiska personer som ingår i ledningen för ett värdepappersbolag är svensk rätt redan utformad så att värdepappers- bolagsdirektivets krav till stora delar är tillgodosedda. Kravet på att de behöriga myndigheten ska kunna tillämpa administrativa sanktioner på ”ledamöter i ledningsorganet och andra fysiska personer som enligt natio- nell lagstiftning är ansvariga för överträdelsen” (artikel 18.2 tredje stycket) tillgodoses genom den möjlighet Finansinspektionen har att ingri- pa mot någon som är styrelseledamot i ett värdepappersbolag eller verk- ställande direktör, eller ersättare för någon av dem, om personen i fråga uppsåtligen eller av grov oaktsamhet har orsakat en överträdelse (25 kap. 1 d § tredje stycket lagen om värdepappersmarknaden, se prop. 2014/15:57 s. 39 f.). Direktivet kräver att den behöriga myndigheten ska kunna besluta om ett tillfälligt förbud att utöva uppdrag i värde- pappersbolag och om sanktionsavgifter (artikel 18.2 första stycket c, e och f, se ovan). Bestämmelser om sådana åtgärder finns redan i lagen om värdepappersmarknaden (25 kap. 1 d § fjärde stycket och 9 a §). De omständigheter som ska beaktas vid valet av sanktion och sanktionsavgif- ternas storlek är desamma som för juridiska personer och är, som nämns ovan, redan angivna i svensk rätt.</P>
<P class="p808 ft31">När det gäller ingripanden mot fysiska personer finns det i lagen om värdepappersmarknaden (25 kap. 1 d § första stycket) en överträdelsekata- log som till stora delar stämmer överens med överträdelsekatalogen i värdepappersbolagsdirektivet (artikel 18.1, se ovan). Sanktioner ska enligt direktivet (artikel 18.1 första stycket a) kunna beslutas om ett värde- pappersbolag inte har inrättat sådana interna styrsystem som anges i artikel 26. I avsnitten 10 och 11 föreslås att den artikeln ska genomföras i svensk rätt genom ändringar i bestämmelser i lagen om värdepappersmark-</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">205</P>
</DIV>
</DIV>
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<P class="p791 ft31">Prop. 2020/21:173 naden). Bestämmelser om ingripande mot fysiska personer som ingår i ledningen för ett värdepappersbolag om bolaget inte uppfyller kraven i dessa bestämmelser finns redan i lagen om värdepappersmarknaden (25 kap. 1 d § första stycket 4). Enligt värdepappersbolagsdirektivet ska den behöriga myndigheten också kunna besluta om sanktioner vid överträdelser av reglerna om åtgärder mot penningtvätt och finansiering av terrorism och om personer som ingår i företagets ledning inte uppfyller kraven på ledningsorganet i kapitaltäckningsdirektivet (artikel 18.1 första stycket h och i värdepappersbolagsdirektivet). Även dessa två överträdelser finns redan i överträdelsekatalogen i lagen om värdepappersmarknaden (25 kap. 1 d § första stycket 2 och 12). Några lagstiftningsåtgärder för att genom- föra värdepappersbolagsdirektivet i dessa delar krävs därför inte.</P>
<P class="p809 ft31">I överträdelsekatalogen i värdepappersbolagsdirektivet (artikel 18.1 första stycket <NOBR>b–g)</NOBR> anges även överträdelser av vissa bestämmelser i värdepappers- bolagsförordningen. I överträdelsekatalogen i lagen om värdepappersmark- naden (25 kap. 1 d § första stycket 10 och <NOBR>13–22)</NOBR> finns i dag även överträ- delser av vissa bestämmelser i tillsynsförordningen. För att genomföra värde- pappersbolagsdirektivet i denna del bör hänvisningarna till de bestämmelserna i den förordningen ersättas med hänvisningar till de överträdelser av bestämmelser i värdepappersbolagsförordningen som anges i värde- pappersbolagsdirektivet (artikel 18.1 första stycket <NOBR>b–g).</NOBR></P>
<P class="p810 ft31">För vissa värdepappersbolag, se avsnitten 7.2 och 7.3, ska tillsynsförord- ningen tillämpas i stället för värdepappersbolagsförordningen. Vid ingripan- den mot någon som ingår i ledningen för ett sådana bolag bör därför bestäm- melserna om ingripanden i lagen om bank- och finansieringsrörelse vara tillämpliga (15 kap. 1 <NOBR>a–1</NOBR> c och 8 <NOBR>a–9</NOBR> d §§). Vissa av bestämmelserna i lagen om värdepappersmarknaden kommer dock fortfarande att vara relevanta att tillämpa på personer som ingår i ledningen för värdepappers- bolag som ska tillämpa tillsynsförordningen. Så är fallet i fråga om exempelvis ingripande mot den som inte uppfyller kraven för att ingå i bolagets styrelse (25 kap. 1 d § första stycket 2).</P>
<P class="p811 ft18"><SPAN class="ft76">13.3</SPAN><SPAN class="ft91">Ingripanden mot institut, andra företag och vissa holdingföretag</SPAN></P>
<P class="p614 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Finansinspektionen ska få ingripa enligt tillsyns- lagen mot institut, andra företag och värdepappersinriktade holding- företag också på grund av överträdelser av värdepappersbolagsförord- ningen.</P>
<P class="p795 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag. <SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot</P>
<P class="p489 ft2">det.</P>
<P class="p490 ft2"><SPAN class="ft22">Skälen för regeringens förslag: </SPAN>Som redovisas i avsnitt 13.2 anges i värdepappersbolagsdirektivet att medlemsstaterna ska fastställa regler om administrativa sanktioner och andra administrativa åtgärder och säker- ställa att deras behöriga myndigheter har befogenhet att ålägga sådana sanktioner och åtgärder vid överträdelser av nationella bestämmelser som</P>
<P class="p812 ft2">206</P>
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<P class="p329 ft2">genomför det direktivet och av värdepappersbolagsförordningen (arti- Prop. 2020/21:173 kel 18.1).</P>
<P class="p92 ft2">Bestämmelsen i tillsynslagen om ingripande mot institut och andra företag som omfattas av kapitaltäckningsreglerna (8 kap. 1 §) bör därför kompletteras med en hänvisning till värdepappersbolagsförordningen. Det innebär att Finansinspektionen kan ingripa med stöd av den bestämmelsen mot institut och andra företag som åsidosätter sina skyldigheter enligt värdepappersbolagsförordningen (se även avsnitt 13.2 när det gäller värdepappersbolag).</P>
<P class="p420 ft2">Enligt värdepappersbolagsdirektivet (artikel 54) ska medlemsstaterna även säkerställa att administrativa sanktioner eller andra administrativa åtgärder som syftar till att stoppa eller minska effekterna av överträdelser eller åtgärda orsakerna till dem kan vidtas mot vissa holdingföretag. Motsvarande regler i kapitaltäckningsdirektivet (artikel 126) har genom- förts i en bestämmelse i tillsynslagen (8 kap. 2 §). Enligt den ska Finans- inspektionen förelägga ett finansiellt holdingföretag, ett blandat finansiellt holdingföretag eller ett holdingföretag med blandad verksamhet att vidta åtgärder för att göra rättelse, om holdingföretaget inte uppfyller de krav som ställs på det enligt tillsynsförordningen, tillsynslagen eller föreskrifter som meddelats med stöd av den lagen. Ett sådant föreläggande ska också riktas mot ett finansiellt holdingföretag eller ett blandat finansiellt hol- dingföretag vars ledning inte uppfyller kraven i tillsynslagen (prop. 2013/14:228 s. 241 f.).</P>
<P class="p567 ft2">Enligt värdepappersbolagsdirektivet ska ingripandemöjligheterna gälla även vid överträdelser av värdepappersbolagsförordningen och för värde- pappersinriktade holdingföretag. Bestämmelsen i tillsynslagen bör därför kompletteras i fråga om detta.</P>
<P class="p813 ft18"><SPAN class="ft76">13.4</SPAN><SPAN class="ft92">Särskilt kapitalbaskrav, särskilt likviditetskrav och övriga </SPAN><SPAN class="ft103">tillsyns</SPAN>åtgärder</P>
<P class="p814 ft84"><SPAN class="ft82">13.4.1</SPAN><SPAN class="ft104">Särskilt kapitalbaskrav</SPAN></P>
<P class="p779 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Bestämmelsen i tillsynslagen om särskilt kapital- baskrav ska gälla bara för kreditinstitut.</P>
<P class="p815 ft2">I tillsynslagen ska det tas in en ny bestämmelse om särskilt kapital- baskrav för värdepappersbolag. Finansinspektionen ska få besluta om ett sådant särskilt kapitalbaskrav, om</P>
<P class="p816 ft2"><SPAN class="ft31">–</SPAN><SPAN class="ft105">något av kraven i lagen om värdepappersmarknaden i fråga om soliditet, likviditet, riskhantering, ersättningssystem, genomlysning samt interna riktlinjer och instruktioner inte är uppfyllt och det inte är sannolikt att någon annan åtgärd är tillräcklig för att få bolaget att rätta till bristerna inom rimlig tid,</SPAN></P>
<P class="p817 ft2"><SPAN class="ft31">–</SPAN><SPAN class="ft105">ett särskilt kapitalbaskrav är nödvändigt för att täcka väsentliga risker som bolaget är eller kan bli exponerat för och väsentliga risker som bolaget utsätter det finansiella systemet för,</SPAN></P>
<P class="p818 ft66"><SPAN class="ft70">–</SPAN><SPAN class="ft106">värdepappersbolaget inte skulle kunna avveckla positioner i handelslagret under kort tid, under normala marknadsförhållanden, utan att ådra sig betydande förluster,</SPAN></P>
<P class="p783 ft2">207</P>
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<DIV id="page_208">
<TABLE cellpadding=0 cellspacing=0 class="t82">
<TR>
<TD class="tr2 td340"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td320"><P class="p43 ft2">– granskningen av de interna modellerna enligt värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td320"><P class="p186 ft2">förordningen visar att värdepappersbolagets brister avseende kraven</P></TD>
</TR>
<TR>
<TD class="tr4 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td320"><P class="p186 ft2">för att tillämpa de interna modellerna sannolikt kommer att leda till</P></TD>
</TR>
<TR>
<TD class="tr4 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td320"><P class="p158 ft2">otillräckliga kapitalnivåer, eller</P></TD>
</TR>
<TR>
<TD class="tr5 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td320"><P class="p186 ft2">– värdepappersbolaget vid upprepade tillfällen låter bli att skaffa eller</P></TD>
</TR>
<TR>
<TD class="tr4 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td320"><P class="p186 ft2">bibehålla tillräckliga nivåer av ytterligare kapital som beslutats av</P></TD>
</TR>
<TR>
<TD class="tr4 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td320"><P class="p158 ft2">Finansinspektionen.</P></TD>
</TR>
<TR>
<TD class="tr18 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td320"><P class="p186 ft2">Ett beslut om särskilt kapitalbaskrav ska vara skriftligt och grunda sig</P></TD>
</TR>
<TR>
<TD class="tr4 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td320"><P class="p186 ft2">på översyn och utvärdering av värdepappersbolaget. Finansinspek-</P></TD>
</TR>
<TR>
<TD class="tr5 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td320"><P class="p186 ft2">tionen ska få avstå från att fatta beslut om ett särskilt kapitalbaskrav om</P></TD>
</TR>
<TR>
<TD class="tr4 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td320"><P class="p186 ft2">en överträdelse är ringa eller ursäktlig, om värdepappersbolaget gör</P></TD>
</TR>
<TR>
<TD class="tr4 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td320"><P class="p186 ft2">rättelse eller om någon myndighet har vidtagit åtgärder mot bolaget och</P></TD>
</TR>
<TR>
<TD class="tr5 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td320"><P class="p186 ft2">dessa åtgärder bedöms tillräckliga. Om överträdelsen är så allvarlig att</P></TD>
</TR>
<TR>
<TD class="tr4 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td320"><P class="p186 ft2">tillståndet ska återkallas ska det inte heller fattas något beslut om ett</P></TD>
</TR>
<TR>
<TD class="tr4 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td320"><P class="p186 ft2">särskilt kapitalbaskrav. Ett beslut ska få fattas även avseende ett värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td320"><P class="p186 ft2">pappersbolag som anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td320"><P class="p43 ft2">pappersföretag, om Finansinspektionen anser att det är motiverat.</P></TD>
</TR>
<TR>
<TD class="tr4 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td320"><P class="p186 ft2">Finansinspektionen ska få tillämpa bestämmelserna om ingripande i</P></TD>
</TR>
<TR>
<TD class="tr5 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td320"><P class="p186 ft2">lagen om värdepappersmarknaden om ett värdepappersbolag inte upp-</P></TD>
</TR>
<TR>
<TD class="tr4 td340"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td320"><P class="p43 ft2">fyller ett särskilt kapitalbaskrav som beslutats enligt tillsynslagen.</P></TD>
</TR>
<TR>
<TD class="tr40 td340"><P class="p18 ft88"> </P></TD>
<TD class="tr38 td321"><P class="p18 ft86"> </P></TD>
</TR>
</TABLE>
<P class="p819 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag. <SPAN class="ft22">Remissinstanserna: </SPAN>Flertalet remissinstanser tillstyrker förslaget eller</P>
<P class="p541 ft2">har inget att invända mot det. <SPAN class="ft3">Sveriges advokatsamfund </SPAN>anser att det är oklart vilka kriterier som Finansinspektionen ska tillämpa vid beslut om ett särskilt kapitalbaskrav och att detta skulle innebära att det är svårt för inspektionen att tillämpa regelverket på ett korrekt, konsekvent och förut- sägbart sätt.</P>
<P class="p498 ft2"><SPAN class="ft22">Skälen för regeringens förslag: </SPAN>Enligt värdepappersbolagsdirektivet ska den behöriga myndigheten kunna kräva att värdepappersföretag har ytterligare kapital utöver det kapitalbaskrav som gäller enligt värde- pappersbolagsförordningen (artikel 39.2 a i värdepappersbolagsdirekti- vet). I direktivet anges förutsättningarna för att ställa ett särskilt kapital- baskrav och en uttömmande lista över de situationer som kan ligga till grund för ett beslut om det (artikel 40). I listan (artikel 40.1) anges följande fem situationer.</P>
<P class="p562 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">Värdepappersföretaget är exponerat för risker eller riskelement eller innebär risker för andra som är väsentliga och som inte täcks av eller inte</SPAN></P>
<P class="p541 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft57">tillräcklig omfattning täcks av det kapitalbaskrav, och i synnerhet </SPAN><NOBR>K-faktorkraven,</NOBR> som anges i del tre eller fyra i värdepappersbolagsförord- ningen.</P>
<P class="p477 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">Värdepappersföretaget uppfyller inte kraven i artiklarna 24 och 26 i direktivet och det är osannolikt att andra tillsynsåtgärder ger tillräcklig för- bättring av styrformer, processer, rutiner och strategier inom en lämplig tidsram.</SPAN></P>
<P class="p498 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft33">Justeringarna avseende den försiktiga värderingen av handelslagret är otillräckliga för att värdepappersföretaget under normala marknadsför- hållanden ska kunna avyttra eller säkra sina positioner inom kort tid utan att drabbas av betydande förluster.</SPAN></P>
<P class="p586 ft2">208</P>
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<DIV>
<DIV id="id_1">
<P class="p599 ft2"><SPAN class="ft2">d)</SPAN><SPAN class="ft17">Den översyn som genomförts i enlighet med artikel 37 i direktivet visar att en bristande efterlevnad av kraven för tillämpningen av de tillåtna interna modellerna sannolikt kommer att leda till otillräckliga kapital- nivåer.</SPAN></P>
<P class="p601 ft2"><SPAN class="ft2">e)</SPAN><SPAN class="ft17">Värdepappersföretaget underlåter vid upprepade tillfällen att upprätta eller bibehålla tillräckligt med ytterligare kapitalbas enligt artikel 41 i direktivet.</SPAN></P>
<P class="p820 ft2">I gällande svensk rätt finns bestämmelser om särskilt kapitalbaskrav för kreditinstitut och värdepappersbolag i tillsynslagen (2 kap. 1 §). Även om de bestämmelserna är mycket lika reglerna i värdepappersbolagsdirektivet är förutsättningarna för att ställa ett särskilt kapitalbaskrav på värde- pappersbolag annorlunda i flera avseenden. Exempelvis är en för värde- pappersbolag unik situation som kan föranleda ett sådant krav att justeringar av värderingen av handelslagret är otillräckliga för att bolaget under kort tid ska kunna sälja eller säkra sina positioner utan betydande förluster (arti- kel 40.1 c, se ovan). En annan situation är att värdepappersbolaget vid upprepade tillfällen underlåter att skaffa eller behålla kapitalbas (arti- kel 40.1 e, se ovan). För att genomföra reglerna i värdepappersbolags- direktivet om särskilt kapitalbaskrav bör de nuvarande bestämmelserna i tillsynslagen ändras så att de bara gäller för kreditinstitut och det i en ny bestämmelse i lagen regleras om särskilt kapitalbaskrav för värdepappers- bolag.</P>
<P class="p600 ft2">Det bör i den nya bestämmelsen förtydligas att ett beslut om särskilt kapitalbaskrav, grundat på att något av de angivna kraven i 8 kap. lagen om värdepappersmarknaden inte är uppfyllt, ska meddelas bara om det inte är sannolikt att andra åtgärder skulle vara tillräckliga för att säkerställa att dessa krav kan vara uppfyllda inom en lämplig tidsram (se artikel 40.1 b i värdepappersbolagsdirektivet och jfr 2 kap. 1 § tillsynslagen). Finans- inspektionen får avstå från att fatta beslut om ett särskilt kapitalbaskrav om en överträdelse är ringa eller ursäktlig, om bolaget gör rättelse eller om någon myndighet har vidtagit åtgärder mot bolaget och dessa åtgärder bedöms tillräckliga. Om överträdelsen är så allvarlig att tillståndet ska återkallas ska inte heller något beslut om ett särskilt kapitalbaskrav fattas (jfr 2 kap. 1 e § tillsynslagen). I lagen bör det också anges att beslutet ska vara skriftligt, för att genomföra kravet i värdepappersbolagsdirektivet på skriftlig motivering i (artikel 40.5).</P>
<P class="p604 ft2"><SPAN class="ft3">Sveriges advokatsamfund </SPAN>anser att det är oklart vilka kriterier som Finansinspektionen ska tillämpa vid beslut om en särskild kapitalbasnivå. När det gäller tillämpningen av den föreslagna nya bestämmelsen ges ledning i de berörda artiklarna i värdepappersbolagsdirektivet. I direktivet finns även en uttömmande uppräkning av de situationer då Finans- inspektionen ska besluta om ett särskilt kapitalbaskrav (artikel 40.1, se ovan). Ett beslut om särskilt kapitalbaskrav bör även få fattas avseende ett värdepappersbolag som anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värde- pappersföretag enligt värdepappersbolagsförordningen, om Finansinspek- tionen anser att det är motiverat (artikel 40.7 i värdepappersbolags- direktivet).</P>
<P class="p600 ft2">Finansinspektionen bör, liksom i dag, kunna ingripa mot ett värde- pappersbolag vid bristande uppfyllnad av ett särskilt kapitalbaskrav.</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">209</P>
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<P class="p189 ft2">Prop. 2020/21:173 Enligt värdepappersbolagsdirektivet ska behöriga myndigheter under- rätta resolutionsmyndigheter om beslut om särskilda kapitalbaskrav (artikel 43). Denna fråga behandlas i avsnitt 12.5.</P>
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<P class="p14 ft2">210</P>
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<P class="p14 ft84"><SPAN class="ft82">13.4.2</SPAN><SPAN class="ft99">Riktlinje för ytterligare kapitalbas</SPAN></P>
<P class="p821 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Finansinspektionen ska få besluta att ett värde- pappersbolag ska ha en kapitalbasnivå som med tillräcklig marginal överstiger kraven enligt värdepappersbolagsförordningen för att säker- ställa att konjunktursvängningar inte leder till överträdelser av kapital- baskraven eller hotar värdepappersbolagets förmåga att avveckla verksamheten på ett ordnat sätt. Finansinspektionen ska granska nivån och meddela bolaget om nivån är tillräcklig eller om den ska justeras. Om Finansinspektionen anser att nivån ska justeras, ska den meddela bolaget den sista dag då justeringen ska ha gjorts.</P>
<P class="p822 ft2">Möjligheten att besluta att ett värdepappersbolag ska ha en sådan kapitalbasnivå ska inte gälla ett litet och <NOBR>icke-sammanlänkat</NOBR> värde- pappersbolag.</P>
<P class="p823 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag. <SPAN class="ft22">Remissinstanserna: </SPAN>Flertalet remissinstanser tillstyrker förslaget eller</P>
<P class="p680 ft2">har inget att invända mot det. <SPAN class="ft3">Sveriges advokatsamfund </SPAN>anser att det är oklart vilka kriterier som Finansinspektionen ska tillämpa vid beslut om en särskild kapitalbasnivå, vilket innebär att det är svårt för inspektionen att tillämpa regelverket på ett korrekt, konsekvent och förutsägbart sätt.</P>
<P class="p121 ft2"><SPAN class="ft22">Skälen för regeringens förslag: </SPAN>Enligt värdepappersbolagsdirektivet får en behörig myndighet kräva att ett värdepappersföretag har en kapital- basnivå som med tillräcklig marginal överstiger kraven enligt värde- pappersbolagsförordningen för att säkerställa att konjunktursvängningar inte leder till överträdelser av kapitalbaskraven eller hotar värdepappers- företagets förmåga att avveckla och lägga ned verksamheten på ett ordnat sätt (artikel 41.1). Möjligheten att lämna sådana riktlinjer för ytterligare kapitalbas ska dock inte gälla små och <NOBR>icke-sammanlänkade</NOBR> företag. Det är fråga om ett uttryckligt krav som den behöriga myndigheten får ställa på ett värdepappersföretag. Det är dock företaget självt som ska fastställa exakt vilken kapitalbasnivå som är tillräcklig och myndigheten som ska granska nivån och meddela företaget sina slutsatser, dvs. om nivån är tillräcklig eller om den ska justeras. Om den behöriga myndigheten anser att nivån ska justeras, ska myndigheten meddela företaget den sista dag då justeringen ska ha gjorts.</P>
<P class="p824 ft2">De åtgärder som en behörig myndighet enligt värdepappersbolagsdirek- tivet ska kunna vidta torde i och för sig rymmas inom Finansinspektionens möjlighet att enligt lagen om värdepappersmarknaden förelägga ett värdepappersbolag att ”vidta någon annan åtgärd” (25 kap. 1 § andra stycket). Ett sådant ingripande förutsätter dock att bolaget har åsidosatt sina skyldigheter enligt den lagen eller andra författningar som reglerar bolagets verksamhet, eller att det är sannolikt att bolaget inom tolv månader inte kommer att uppfylla sådana skyldigheter. Kravet på ytterligare kapital enligt värdepappersbolagsdirektivet är dock inte kopplat till någon överträdelse av lag eller annan författning, utan det är fråga om</P>
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<P class="p329 ft2">en preventiv åtgärd för att säkerställa att bolaget klarar konjunktur- Prop. 2020/21:173 svängningar på ett ordnat sätt. Kravet är dessutom kopplat till det kapital-</P>
<P class="p439 ft2">baskrav som den behöriga myndigheten får besluta om som en tillsyns- åtgärd (artikel 39.2 a, se avsnitt 13.4.2) på så sätt att om bolaget inte jus- terar sitt kapital i tillräcklig omfattning, kan myndigheten besluta om sär- skilt kapitalbaskrav. Reglerna i värdepappersbolagsdirektivet om särskilt kapitalbaskrav bör därför genomföras i en motsvarande bestämmelse i till- synslagen.</P>
<P class="p420 ft2"><SPAN class="ft3">Sveriges advokatsamfund </SPAN>anser att det är oklart vilka kriterier som Finansinspektionen ska tillämpa vid beslut om en särskild kapitalbasnivå. För tillämpningen av den föreslagna nya bestämmelsen ges viss ledning i reglerna i värdepappersbolagsdirektivet (artikel 41, se ovan). Där anges att när det gäller beslut om ett kapitalbaskrav som överstiger kraven i värde- pappersbolagsförordningen, ska värdepappersföretagets storlek, system- viktighet samt arten, omfattningen och komplexiteten hos verksamheten beaktas.</P>
<P class="p93 ft2">I avsnitt 12.5 behandlas genomförandet av reglerna i värdepappers- bolagsdirektivet om skyldighet för behöriga myndigheter att underrätta berörda resolutionsmyndigheter om förväntade justeringar av ett särskilt kapitalbaskrav (se artiklarna 41.2 och 43).</P>
<P class="p421 ft84"><SPAN class="ft82">13.4.3</SPAN><SPAN class="ft104">Särskilt likviditetskrav</SPAN></P>
<P class="p779 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Det ska införas en bestämmelse i tillsynslagen om att Finansinspektionen ska få besluta att ett värdepappersbolag ska uppfylla ett särskilt likviditetskrav, om det är nödvändigt för att täcka de likviditetsrisker som bolaget är eller kan bli exponerat för.</P>
<P class="p780 ft2">Ett sådant beslut ska dock inte få fattas för ett litet och icke- sammanlänkat värdepappersbolag som har undantagits från likviditets- kraven i värdepappersbolagsförordningen.</P>
<P class="p710 ft22">Utredningens förslag och bedömning <SPAN class="ft2">överensstämmer med regering- ens förslag. Utredningens förslag har dock en annan lagteknisk utform- ning.</SPAN></P>
<P class="p89 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget och bedömningen eller har inget att invända mot dem.</P>
<P class="p89 ft2"><SPAN class="ft22">Skälen för regeringens förslag: </SPAN>Enligt värdepappersbolagsdirektivet (artikel 39.2 k) ska den behöriga myndigheten som en tillsynsåtgärd kunna besluta att ett värdepappersföretag ska uppfylla ett särskilt likviditetskrav. Denna möjlighet ska dock inte gälla för sådana små och <NOBR>icke-samman-</NOBR> länkade företag som enligt ett beslut enligt värdepappersbolags- förordningen är undantagna från likviditetskraven i förordningen (artikel 42.1 värdepappersbolagsdirektivet jämförd med artikel 43.1 i värdepappersbolagsförordningen).</P>
<P class="p420 ft2">Förutsättningarna för att besluta om ett särskilt likviditetskrav för värdepappersbolag enligt värdepappersbolagsdirektivet (artikel 42) mot- svarar i huvudsak förutsättningarna för att besluta om ett särskilt likviditetskrav enligt kapitaltäckningsdirektivet (artiklarna 104.1 k och</P>
<P class="p102 ft2">105). I båda direktiven anges att ett skäl för att besluta om ett särskilt</P>
<P class="p14 ft107">likviditetskrav är att det behövs för att täcka risker (likviditetsrisker) som</P>
<P class="p539 ft2">211</P>
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<P class="p189 ft2">Prop. 2020/21:173 inte täcks av de grundläggande kraven. Brister i förhållande till kraven på styrformer och processer m.m. anges i båda direktiven som ett skäl för att ålägga företaget ett särskilt likviditetskrav. Trots vissa mindre skillnader i ordalydelse torde syftet vara detsamma i båda direktiven. Det är inte brister i styrning och kontroll i sig som ska leda till ett särskilt likviditetskrav utan om sådana brister i sin tur riskerar att leda till att företaget i fråga inte i tillräcklig utsträckning kan hantera sina likviditetsrisker. Ett särskilt likviditetskrav ska således kunna beslutas för ett värdepappersföretag om det är nödvändigt för att täcka de likviditetsrisker som företaget är eller kan bli exponerat för. Och otillräcklig styrning och kontroll är en av flera omständigheter som kan göra det nödvändigt. Den bestämmelse i tillsyns- lagen som genomför reglerna i kapitaltäckningsdirektivet (2 kap. 2 §) är utformad just så (tidigare beteckning 2 kap. 3 §, se prop. 2013/14:228 s. <NOBR>229–231).</NOBR> Bestämmelsen i tillsynslagen ska dock bör dock i enlighet med bedömningen i avsnitt 13.4.1 gälla bara för kreditinstitut. Det behöver därför införas en motsvarande bestämmelse om att Finansinspektionen ska besluta att ett värdepappersbolag ska uppfylla ett särskilt likviditetskrav, om det är nödvändigt för att täcka de likviditetsrisker som bolaget är eller kan bli exponerat för.</P>
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<P class="p14 ft2">212</P>
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<P class="p124 ft2">I enlighet med värdepappersbolagsdirektivet bör det dessutom anges i tillsynslagen att ett sådant beslut inte ska få fattas för ett litet och icke- sammanlänkat värdepappersbolag som har undantagits från likviditets- kraven i värdepappersbolagsförordningen.</P>
<P class="p421 ft84"><SPAN class="ft82">13.4.4</SPAN><SPAN class="ft99">Övriga ingripandebefogenheter</SPAN></P>
<P class="p825 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Finansinspektionen har enligt gällande rätt de övriga ingripandebefogenheter som den behöriga myndigheten ska ha enligt värdepappersbolagsdirektivet.</P>
<P class="p826 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm- ning.</P>
<P class="p121 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända mot den.</P>
<P class="p124 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">De befogenheter som den be- höriga myndigheten ska ha enligt värdepappersbolagsdirektivet (arti- kel 39.2 </SPAN><NOBR><SPAN class="ft2">b–j</SPAN></NOBR><SPAN class="ft2"> och l i värdepappersbolagsdirektivet), utöver dem som behandlas i avsnitten </SPAN><NOBR><SPAN class="ft2">13.4.1–13.4.3,</SPAN></NOBR><SPAN class="ft2"> motsvarar befogenheter som den be- höriga myndigheten ska ha enligt kapitaltäckningsdirektivet (arti- kel 104.1 </SPAN><NOBR><SPAN class="ft2">b–j</SPAN></NOBR><SPAN class="ft2"> och l). Reglerna i värdepappersbolagsdirektivet om att åt- gärder ska kunna vidtas om den behöriga myndigheten har bevis för att värdepappersföretaget sannolikt kommer att bryta mot kraven inom tolv månader (artikel 38), motsvaras av regler i kapitaltäckningsdirektivet (artikel 102.1 b). Det är i samtliga fall fråga om befogenheter att ålägga företag att vidta olika åtgärder, begränsa verksamheten på visst sätt och förbjuda vissa ageranden.</SPAN></P>
<P class="p725 ft2">Vid genomförandet i svensk rätt av kapitaltäckningsdirektivet gjordes bedömningen att dessa befogenheter alla ryms inom Finansinspektionens befogenhet att förelägga företagen att vidta olika former av åtgärder enligt lagen om värdepappersmarknaden (25 kap. 1 §, se prop. 2013/14:228 s. 222).</P>
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<P class="p329 ft2">Av tydlighetsskäl gjordes det dock ett förtydligande i lagen så att det nu- Prop. 2020/21:173 mera uttryckligen anges att Finansinspektionen får vidta den ingripande</P>
<P class="p827 ft2">åtgärden att förbjuda utdelningar och räntebetalningar (artikel 104.1 i kapitaltäckningsdirektivet, som motsvarar artikel 39.2 i värdepappers- bolagsdirektivet). Bestämmelsen kompletterades även så att ett ingripande också ska ske om det är sannolikt att ett värdepappersbolag inom tolv månader inte längre kommer att uppfylla sina skyldigheter enligt den lagen eller andra författningar som reglerar bolagets verksamhet. Finans- inspektionen har därmed enligt gällande svensk rätt även de motsvarande befogenheter som den behöriga myndigheten ska ha enligt värdepappers- bolagsdirektivet (artiklarna 38 och 39.2 <NOBR>b–j</NOBR> och l). Några lagstiftnings- åtgärder behövs därför inte för att genomföra direktivet i dessa delar.</P>
<P class="p828 ft31">I värdepappersbolagsdirektivet (artikel 39.2 m) finns dock en i förhållande till kapitaltäckningsdirektivet ny befogenhet, nämligen att kräva att ett värdepappersföretag ska minska säkerhetsriskerna i sina nätverks- och informationssystem för att säkerställa konfidentialitet, integritet och tillgäng- lighet hos processerna, uppgifterna och tillgångarna. Liksom övriga be- fogenheter är det fråga om att förelägga ett företag att vidta åtgärder, vilket redan är en befogenhet som Finansinspektionen har enligt lagen om värde- pappersmarknaden (25 kap. 1 §). Någon lagstiftningsåtgärd för att genom- föra värdepappersbolagsdirektivet i den delen behövs därför inte.</P>
<P class="p829 ft1"><SPAN class="ft1">14</SPAN><SPAN class="ft108">Övriga frågor</SPAN></P>
<P class="p316 ft18"><SPAN class="ft76">14.1</SPAN><SPAN class="ft92">Ändringar i MiFID II</SPAN></P>
<P class="p814 ft84"><SPAN class="ft82">14.1.1</SPAN><SPAN class="ft104">Inledning</SPAN></P>
<P class="p588 ft2">Genom värdepappersbolagsdirektivet (artikel 64) har det även gjorts änd- ringar i MiFID II. Vissa av ändringarna är föranledda av det nya kapital- täckningsregelverket. Det gäller ändringarna i MiFID II i fråga om kraven på startkapital för värdepappersföretag (artiklarna 8 och 15, se avsnitt 8) och reglerna om informationsutbyte mellan behöriga myndigheter (artikel 81.3, se avsnitt 14.1.4). De nya reglerna om underrättelse- skyldighet för den behöriga myndigheten när vissa stora värdepappers- företag ansöker om tillstånd som kreditinstitut behandlas dock inte i denna proposition (artikel 95a, se avsnitt 3).</P>
<P class="p420 ft2">Övriga ändringar i MiFID II som har gjorts genom värdepappersbolags- direktivet hänför sig inte till kapitaltäckningsreglerna utan rör filialer och gränsöverskridande verksamhet i fråga om företag från tredjeland (artiklarna 41 och 42) och ändringar i reglerna om s.k. <NOBR>tick-size</NOBR> (budsteg) på reglerade marknader (artikel 49.1). Dessa ändringar behandlas i av- snitten 14.1.2 och 14.1.3.</P>
<P class="p830 ft2">213</P>
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<TABLE cellpadding=0 cellspacing=0 class="t90">
<TR>
<TD colspan=2 class="tr3 td341"><P class="p24 ft2">Prop. 2020/21:173 <SPAN class="ft84">14.1.2</SPAN></P></TD>
<TD class="tr3 td317"><P class="p18 ft84">Företag från tredjeland</P></TD>
</TR>
<TR>
<TD class="tr44 td61"><P class="p18 ft98"> </P></TD>
<TD colspan=2 class="tr12 td318"><P class="p18 ft14"> </P></TD>
</TR>
<TR>
<TD class="tr16 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td320"><P class="p43 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Det krävs inga lagstiftningsåtgärder för att</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">genomföra ändringarna i reglerna i MiFID II om tillstånd för företag</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">från tredjeland att etablera en filial i ett land inom EES eller om att</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">tillhandahålla tjänster till kunder inom EES uteslutande på kundens eget</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td24"><P class="p43 ft2">initiativ.</P></TD>
<TD class="tr5 td330"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr38 td319"><P class="p18 ft86"> </P></TD>
<TD colspan=2 class="tr39 td321"><P class="p18 ft87"> </P></TD>
</TR>
<TR>
<TD class="tr3 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr3 td103"><P class="p35 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td24"><P class="p18 ft2">ning.</P></TD>
<TD class="tr4 td317"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p35 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td24"><P class="p18 ft2">mot den.</P></TD>
<TD class="tr4 td317"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr42 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr42 td103"><P class="p18 ft22">Skälen för regeringens bedömning</P></TD>
</TR>
<TR>
<TD class="tr20 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr20 td103"><P class="p18 ft3">Filialer till företag från tredjeland</P></TD>
</TR>
<TR>
<TD class="tr20 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr20 td103"><P class="p18 ft2">I MiFID II finns regler om tillstånd för ett företag från tredjeland att</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">etablera en filial i EU (artikel 41). De innebär i korthet att den behöriga</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">myndigheten i det land där filialen ska etableras ska kontrollera att vissa</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">förutsättningar är uppfyllda, bl.a. att filialen kan uppfylla en rad skyldig-</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">heter i fråga om organisation, kundskydd, transparens och rapportering.</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">Genom den ändring som har gjorts genom värdepappersbolagsdirektivet</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">(artikel 64.3), ställs även krav på årlig rapportering från filialen till den</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">behöriga myndighet som har beviljat tillståndet. Rapporteringen ska avse</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">omfattningen av filialens tjänster och verksamhet i den aktuella medlems-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">staten, vissa exponeringar i det egna lagret mot motparter i EU, totala</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">värdet av finansiella instrument från motparter i EU som har garanterats</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">(när filialen tillhandahåller investeringstjänsten garantiverksamhet för</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">finansiella instrument), styrningsformer och personer som har nyckel-</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">funktioner i filialen m.m. (artikel 41.3). Den behöriga myndigheten ska i</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">sin tur på begäran lämna viss information till Esma (artikel 41.4 i MiFID II).</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">Vidare ställs krav på samarbete mellan olika behöriga myndigheter när</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">filialen ingår i en koncern som berör flera behöriga myndigheter</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">(artikel 41.5). Kommissionen får anta rättsakter med närmare bestämmelser</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">om formatet för filialernas rapportering (artikel 41.6).</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p35 ft2">I lagen om värdepappersmarknaden anges de krav som gäller för att ett</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">företag som hör hemma utanför EES ska få driva värdepappersrörelse från</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">filial i Sverige (4 kap. 4 §). Det anges inte som en uttrycklig förutsättning</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">att filialen ska lämna viss information. En förutsättning för tillstånd är</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">emellertid att ”det finns skäl att anta att den planerade verksamheten</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft31">kommer att drivas i enlighet med bestämmelserna i denna lag, förordningen</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">om marknader för finansiella instrument, föreskrifter som meddelats med</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft31">stöd av lagen och andra författningar som gäller för företagets verksamhet</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">i Sverige” (4 kap.4 § 8). Värdepappersinstitut (bl.a. utländska företag som</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">driver värdepappersrörelse från filial i Sverige, se definitionen i 1 kap.</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft31">4 b §) ska lämna Finansinspektionen upplysningar om sin verksamhet enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">föreskrifter som meddelats med stöd av lagen (23 kap. 2 §). Regeringen</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft31">eller den myndighet som regeringen bestämmer får meddela föreskrifter om</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft31">vilka upplysningar ett företag ska lämna och när upplysningarna ska lämnas</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft31">(23 kap. 15 § 1). Även de ovannämnda nya kraven på rapportering som har</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr32 td61"><P class="p594 ft2">214</P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">införts i MiFID II bör genomföras i föreskrifter som meddelas med stöd</P></TD>
</TR>
<TR>
<TD class="tr43 td24"><P class="p18 ft90"> </P></TD>
<TD class="tr43 td317"><P class="p18 ft90"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_215">
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<P class="p329 ft2">av det bemyndigandet. Det blir därmed en förutsättning för att ett utländskt Prop. 2020/21:173 företag som hör hemma utanför EES ska få tillstånd att driva värde-</P>
<P class="p439 ft2">pappersrörelse från filial i Sverige att det finns skäl att anta att även de rapporteringskraven fullgörs i enlighet med föreskrifterna. I lagen om värdepappersmarknaden finns en generell bestämmelse om Finans- inspektionens skyldighet att samarbeta och utbyta information med bl.a. andra behöriga myndigheter och Esma (23 kap. 5 §<SPAN class="ft109">). </SPAN>Några lagstiftnings- åtgärder för att genomföra de nu aktuella nya reglerna i MiFID II behövs därför inte.</P>
<P class="p569 ft3">Gränsöverskridande verksamhet</P>
<P class="p631 ft2">I MiFID II finns regler som innebär att om ett företag från tredjeland som tillhandahåller en investeringstjänst eller utför en investeringsverksamhet uteslutande på kundens initiativ, så ska detta inte anses vara en sådan situation som kräver tillstånd från den behöriga myndigheten i det land där kunden befinner sig (artikel 42.1). Genom värdepappersbolagsdirektivet (artikel 64.4) har de reglerna kompletterats med ett förtydligande om att om ett företag från tredjeland, ett annat företag som har nära förbindelser med detta företag eller andra som agerar för företagets räkning söker upp kun- der eller potentiella kunder i EU, ska detta inte anses som att tjänsterna tillhandahålls på kundens initiativ (artikel 42.1 andra stycket i MiFID II).</P>
<P class="p420 ft2">Vid genomförandet i svensk rätt av MiFID II betraktades de nu aktuella reglerna i direktivet som en tolkningsregel för vad som avses med tillståndspliktig värdepappersrörelse inom ett lands territorium. Den situation som beskrivs i direktivet var redan enligt gällande svensk rätt en sådan situation i vilken det inte krävdes något tillstånd enligt lagen om värdepappersmarknaden (prop. 2016/17:162 s. 467). I svensk rätt betraktas det inte som tillhandahållande av tjänster i Sverige, om en person här i landet på eget initiativ vänder sig till ett företag utomlands för att få en tjänst utförd (jfr t.ex. prop. 2010/11:135 s. 135). Om företaget, eller någon som företräder eller kan anses företräda företaget, söker upp kunder i Sverige är det dock fråga om att företaget tillhandahåller tjänster i Sverige, varför tillstånd krävs. Detta följer redan av gällande rätt och det krävs därför inte någon lagändring för att genomföra det förtydligande tillägg som har gjorts i reglerna i MiFID II.</P>
<P class="p188 ft84"><SPAN class="ft82">14.1.3</SPAN><NOBR><SPAN class="ft104">Tick-size</SPAN></NOBR></P>
<P class="p779 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>I bestämmelserna i lagen om värdepappers- marknaden om att en börs ska ha regler om minsta tillåtna prisändring (s.k. <NOBR><SPAN class="ft3">tick-size</SPAN></NOBR><SPAN class="ft3"> </SPAN>eller budsteg) ska det införas ett undantag som innebär att reglerna inte ska hindra en börs från att matcha order av stor omfattning på mittpunkten mellan aktuella köp- och säljbud.</P>
<P class="p609 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag. <SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot</P>
<P class="p102 ft2">det.</P>
<P class="p831 ft2">215</P>
</DIV>
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<DIV>
<DIV id="id_1">
<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">216</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft22">Skälen för regeringens förslag</P>
<P class="p624 ft3">Bestämmelserna om minsta tillåtna prisändring ska kompletteras</P>
<P class="p674 ft2">Enligt MiFID II ska en reglerad marknad ha regler om gränser för hur priset ändras (s.k. <NOBR>tick-size</NOBR> eller budsteg) för aktier, depåbevis, andelar i s.k. börshandlade fonder, certifikat och andra liknande finansiella instrument samt andra finansiella instrument för vilka kommissionen har antagit tekniska standarder (artikel 49.1). Samma regler ska tillämpas av den som driver en MTF- eller <NOBR>OTF-plattform</NOBR> (artikel 18.5).</P>
<P class="p724 ft2">Genom värdepappersbolagsdirektivet (artikel 64.5) har reglerna i MiFID II ändrats så att det också anges att kravet inte ska ”hindra reglerade marknader från ordermatchning av stor omfattning på mittpunkten inom de aktuella köp- och säljbuden”. Med detta torde avses att kraven inte ska hindra att order av stor omfattning (eng. <SPAN class="ft3">large in scale</SPAN>), för vilka det finns undantag från transparenskraven före handel (se t.ex. artikel 4.1 c i MiFIR i fråga om aktieinstrument) matchas på mittpunkten mellan två budsteg.</P>
<P class="p832 ft2">De nu aktuella reglerna i MiFID II har i svensk rätt genomförts i mot- svarande bestämmelser i lagen om värdepappersmarknaden (13 kap. 1 i §). För att genomföra den ändring som har gjorts i direktivet, bör de bestäm- melserna kompletteras med att kravet inte hindrar att order av stor omfattning matchas på mittpunkten mellan aktuella köp- och säljbud.</P>
<P class="p833 ft3">Befintliga bestämmelser kan tillämpas fram till dess att lagändringen träder i kraft</P>
<P class="p674 ft2">Huvudregeln i värdepappersbolagsdirektivet är, liksom i många andra EU- direktiv, att medlemsstaterna ska anta och offentliggöra de bestämmelser som krävs för att genomföra direktivet 18 månader efter det att direktivet trätt i kraft (se artikel 67.1 första stycket). När det gäller de nya reglerna om <NOBR>tick-size</NOBR> som har införts i MiFID II ska anges dock att medlems- staterna ska tillämpa de bestämmelser som är nödvändiga för att följa dem redan tre månader efter att värdepappersbolagsdirektivet har trätt i kraft (artikel 67.1 andra stycket i värdepappersbolagsdirektivet). Som det är formulerat i direktivet torde det inte krävas att medlemsstaterna antar några nya bestämmelser inom den angivna tidsfristen, utan tillämpar befintliga bestämmelser så att de inte hindrar en börs från ordermatchning av stor omfattning på mittpunkten inom de aktuella köp- och säljbuden. Regeringen instämmer med utredningen att det tillägg som har gjorts i MiFID II bör betraktas som ett tydligt tolkningsunderlag vid en direktiv- konform tolkning av de befintliga bestämmelserna i nationell rätt och att detta måste anses leva upp till direktivets krav. Det är därför inte nöd- vändigt att de ändringar i bestämmelsen om <NOBR>tick-size</NOBR> i lagen om värde- pappersmarknaden som föreslås ovan träder i kraft vid ett tidigare datum än övriga lagändringar som föreslås i denna proposition, se avsnitt 15.2.1.</P>
</DIV>
</DIV>
</DIV>
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<P class="p14 ft84">14.1.4 Informationsutbyte mellan behöriga myndigheter <SPAN class="ft2">Prop. 2020/21:173</SPAN></P>
<P class="p779 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Ändringen i reglerna i MiFID II om informationsutbyte mellan behöriga myndigheter i EU i kräver inte några lagstiftningsåtgärder.</P>
<P class="p710 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm- ning.</P>
<P class="p92 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända mot den.</P>
<P class="p391 ft2"><SPAN class="ft22">Skälen för regeringens bedömning: </SPAN>I MiFID II finns regler om informa- tionsutbyte mellan olika behöriga myndigheter inom EU (artikel 81). Det anges vad den information som utbyts får användas för, bl.a. för att kontrollera att förutsättningarna för att värdepappersföretag ska få starta verksamhet är uppfyllda och för att underlätta övervakningen av verksam- heten (artikel 81.3 a). Genom den ändring som har gjorts genom värde- pappersbolagsdirektivet (artikel 64.6) har den tidigare hänvisningen till kapitaltäckningsdirektivet tagits bort. I svensk rätt har reglerna i MiFID II om informationsutbyte mellan behöriga myndigheter genomförts genom en allmänt hållen bestämmelse i lagen om värdepappersmarknaden (23 kap. 5 §). Ändringen i de reglerna i direktivet kräver därför inte några lagstift- ningsåtgärder.</P>
<P class="p786 ft18"><SPAN class="ft76">14.2</SPAN><SPAN class="ft92">Ändringar i krishanteringsdirektivet</SPAN></P>
<P class="p709 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Definitionen av värdepappersbolag i lagen om resolution ska ändras så att den bara omfattar värdepappersbolag som har tillstånd för handel för egen räkning eller för garantigivning avseende finansiella instrument och placering av finansiella instrument med ett fast åtagande.</P>
<P class="p780 ft2">Definitionen av kreditinstitut i samma lag ska utvidgas så att den även omfattar sådana värdepappersbolag som har tillstånd att ta emot kunders medel på konto.</P>
<P class="p834 ft2">I lagen om resolution ska</P>
<P class="p835 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft17">det i definitionerna av gruppbaserad och kapitalbas tas in hänvis- ningar till värdepappersbolagsförordningen,</SPAN></P>
<P class="p836 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft17">det i definitionen av tillsynskollegium tas in en hänvisning till värdepappersbolagsdirektivet,</SPAN></P>
<P class="p835 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft17">kortformerna värdepappersbolagsförordningen och värdepappers- bolagsdirektivet införas,</SPAN></P>
<P class="p780 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft17">hänvisningen till vissa slags värdepappersbolag tas bort ur bestäm- melsen om tillämpningen av bestämmelser om metod för riskjustering av resolutionsavgiften, och</SPAN></P>
<P class="p780 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft17">bestämmelsen om avgiftsunderlaget för resolutionsavgiften komp- letteras med en hänvisning till bestämmelserna om kapitalbas i värde- pappersbolagsförordningen.</SPAN></P>
<P class="p780 ft2">I lagen om värdepappersmarknaden ska det i bestämmelserna om Finansinspektionens samråd med andra behöriga myndigheter och om</P>
<P class="p837 ft2">217</P>
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<P class="p838 ft2">Prop. 2020/21:173 inspektionens godkännande av koncerninternt finansiellt stöd införas hänvisningar till värdepappersbolagsdirektivet.</P>
<P class="p795 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag. <SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot</P>
<P class="p489 ft2">det.</P>
<P class="p839 ft22">Skälen för regeringens förslag</P>
<P class="p840 ft3">Definitionen av värdepappersbolag i lagen om resolution</P>
<P class="p559 ft2">Genom värdepappersbolagsdirektivet (artikel 63.1) har det gjorts en änd- ring i definitionen av värdepappersföretag i krishanteringsdirektivet (arti- kel 2.1.3). Krishanteringsdirektivet är i svensk rätt huvudsakligen genomfört genom lagen om resolution. Definitionen av värdepappers- bolag i den lagen behöver därför ändras (2 kap. 1 §). Med värdepappers- bolag avses i den lagen i dag ett svenskt aktiebolag som har tillstånd att driva värdepappersrörelse enligt lagen om värdepappersmarknaden, om det har tillstånd</P>
<P class="p841 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">för någon av de tjänster som anges i 2 kap. 1 § 3, 6, 7, 8 och 9 den lagen,</SPAN></P>
<P class="p477 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">att som sidotjänst förvara finansiella instrument för kunders räkning och ta emot medel med redovisningsskyldighet enligt 2 kap. 2 § första stycket 1 den lagen, eller</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft33">att som sidotjänst ta emot kunders medel på konto för att underlätta värdepappersrörelsen enligt 2 kap. 2 § första stycket 8 den lagen.</SPAN></P>
<P class="p842 ft31">I den nya definitionen av värdepappersföretag i krishanteringsdirektivet anges att det är ett företag enligt definitionen av värdepappersföretag i artikel 4.1.22 i värdepappersbolagsförordningen (vilken i sin tur hänvisar till definitionen i artikel 4.1.1 i MiFID II) som omfattas av det krav på startkapital som föreskrivs i artikel 9.1 i värdepappersbolagsdirektivet. I avsnitt 8 föreslås att artikel 9.1 i värdepappersbolagsdirektivet ska genomföras genom ändringar i bestämmelserna om startkapital för värdepappersbolag i lagen om värdepappersmarknaden (3 kap. 6 §). Avgränsningen genom hänvisningen till kravet på startkapital innebär att det bara är sådana värdepappersbolag som har tillstånd för handel för egen räkning (2 kap. 1 § 3 lagen om värdepappersmarknaden) eller garanti- givning avseende finansiella instrument och placering av finansiella instrument med ett fast åtagande (2 kap. 1 § 6 samma lag), och för vilka gäller ett krav på startkapital som motsvarar minst 750 000 euro, som ska anses utgöra värdepappersbolag enligt lagen om resolution. Definitionen av värdepappersbolag i lagen om resolution bör ändras i enlighet med det och bara omfatta värdepappersbolag för vilka detta krav på startkapital gäller.</P>
<P class="p583 ft3">Utvidgning av definitionen av kreditinstitut i lagen om resolution</P>
<P class="p788 ft31">Värdepappersbolag med tillstånd till att ta emot kunders medel på konto ska betraktas som kreditinstitut (se avsnitt 7.3) eftersom de omfattas av definitionen av kreditinstitut i tillsynsförordningen. Definitionen av kredit- institut i krishanteringsdirektivet bygger på motsvarande definition i tillsyns- förordningen. Sådana bolag bör därför omfattas av definitionen av kredit-</P>
<P class="p563 ft2">218</P>
</DIV>
<DIV id="page_219">
<P class="p329 ft2">institut även i lagen om resolution (2 kap. 1 §), som är den lag som i svensk Prop. 2020/21:173 rätt genomför krishanteringsdirektivet.</P>
<P class="p843 ft3">Ändringar av vissa andra definitioner i lagen om resolution</P>
<P class="p631 ft31">Definitionerna av gruppbaserad och kapitalbas i lagen om resolution hän- visar till vissa bestämmelser i tillsynsförordningen (2 kap. 1 §). Genom införandet av det nya kapitaltäckningsregelverket kommer denna hänvis- ning att vara relevant bara för kreditinstitut och för de värdepappersbolag som ska tillämpa tillsynsförordningen (se avsnitt 5.2.7). Övriga värde- pappersbolag ska i stället tillämpa bestämmelser i värdepappers- bolagsförordningen. Definitionerna av gruppbaserad och kapitalbas i lagen om resolution genomför motsvarande definitioner i krishanterings- direktivet (artikel 2). De definitionerna i det direktivet har inte ändrats genom värdepappersbolagsdirektivet. Enligt värdepappersbolagsförordningen (artikel 65) ska dock hänvisningar till tillsynsförordningen i andra unionsakter läsas som hänvisningar till värdepappersbolagsförordningen vid tillämpning av tillsynskrav för värdepappersföretag. Definitionerna av gruppbaserad och kapitalbas i lagen om resolution bör därför kompletteras med hänvisningar till relevanta bestämmelser i värdepappersbolagsförordningen.</P>
<TABLE cellpadding=0 cellspacing=0 class="t108">
<TR>
<TD class="tr2 td316"><P class="p39 ft2">Definitionen av tillsynskollegium i lagen om resolution (2 kap. 1 §) hän-</P></TD>
<TD class="tr2 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">visar till regler om tillsynskollegier i kapitaltäckningsdirektivet. Det nya</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">kapitaltäckningsregelverket innebär att denna hänvisning kommer att vara</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">relevant bara för kreditinstitut och de värdepappersbolag som ska tillämpa</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">tillsynsförordningen. Övriga värdepappersbolag ska i stället tillämpa</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">bestämmelser som genomför värdepappersbolagsdirektivet.</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p39 ft2">Definitionen av tillsynskollegium i lagen om resolution genomför mot-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">svarande definition i krishanteringsdirektivet. Inte heller denna definition</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">i krishanteringsdirektivet har ändrats genom värdepappersbolagsdirektivet.</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">I värdepappersbolagsdirektivet (artikel 65) anges dock att vid ”tillsyn över</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">och resolution av värdepappersföretag ska hänvisningar till kapitaltäcknings-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">direktivet i andra unionsakter läsas som hänvisningar till värdepappers-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">bolagsdirektivet”. Definitionen av tillsynskollegium i lagen om resolution</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">bör därför kompletteras med en hänvisning till motsvarande regler om</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">tillsynskollegier i värdepappersbolagsdirektivet.</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p39 ft2">I lagen om resolution bör också kortformerna värdepappersbolags-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">förordningen och värdepappersbolagsdirektivet införas.</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr22 td316"><P class="p18 ft3">Resolutionsavgifter</P></TD>
<TD class="tr22 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr20 td316"><P class="p18 ft2">Enligt lagen om resolution (27 kap. 13 §) ska vissa artiklar i kommis-</P></TD>
<TD class="tr20 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">sionens delegerade förordning (EU) 2015/63 av den 21 oktober 2014 om</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">komplettering av Europaparlamentets och rådets direktiv 2014/59/EU</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">avseende förhandsbidrag till finansieringsarrangemang för resolution som</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">handlar om metoden för riskjustering av resolutionsavgift inte tillämpas på</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">vissa slags värdepappersbolag. I bestämmelsen i lagen hänvisas även till</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">tillsynsförordningen. Eftersom de ändringar som har gjorts i kapitaltäck-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">ningsregelverket innebär att sådana värdepapperspappersbolag som anges</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">i bestämmelsen inte längre ska tillämpa tillsynsförordningen, bör hänvis-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">ningen till de värdepappersbolagen tas bort.</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p39 ft2">I lagen om resolution finns det även bestämmelser om avgiftsunderlaget</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">(27 kap. 14 §). I bestämmelserna finns en hänvisning till bestämmelserna</P></TD>
<TD rowspan=2 class="tr6 td80"><P class="p16 ft2">219</P></TD>
</TR>
<TR>
<TD class="tr43 td316"><P class="p18 ft90"> </P></TD>
</TR>
</TABLE>
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<DIV id="id_1">
<P class="p189 ft2">Prop. 2020/21:173 om kapitalbas i tillsynsförordningen. Eftersom de flesta värdepappers- bolag i fortsättningen ska tillämpa värdepappersbolagsförordningen, bör det i bestämmelsen i lagen införas en hänvisning av till bestämmelserna om kapitalbas i värdepappersbolagsförordningen.</P>
</DIV>
<DIV id="id_2">
<DIV id="id_2_1">
<P class="p14 ft2">220</P>
</DIV>
<DIV id="id_2_2">
<P class="p14 ft3">Komplettering av hänvisningar i lagen om värdepappersmarknaden</P>
<P class="p723 ft31">I lagen om värdepappersmarknaden finns det i några bestämmelser som hän- för sig till krishanteringsdirektivet hänvisningar till regler i kapitaltäck- ningsdirektivet. Det ena fallet är en bestämmelse i lagen om värdepappers- marknaden om att Finansinspektionen, i de fall inspektionen är den sam- ordnande tillsynsmyndigheten, ska se till att samråd sker med sådana behöriga myndigheter som avses i artikel 116 i kapitaltäckningsdirektivet och de myndigheter som ansvarar för betydande filialer (8 a kap. 9 §). Det andra fallet gäller en bestämmelse om avtal om koncerninternt finansiellt stöd (8 b kap. 4 §<SPAN class="ft94">)</SPAN>. Enligt den bestämmelsen krävs det för att Finansinspek- tionen ska godkänna ett sådant stöd att det stödgivande företaget uppfyller de krav som gäller i fråga om kapitalbas och likviditet i kapitaltäcknings- direktivet samt de övriga krav som gäller enligt artikel 104.2 i det direktivet vid tidpunkten för det finansiella stödet. Nämnda bestämmelser genomför artikel 8.1 respektive 23.1 i krishanteringsdirektivet. De artik- larna har inte ändrats genom värdepappersbolagsdirektivet, men på samma sätt som beskrivs ovan i fråga om definitionen av tillsynskollegium i lagen om resolution bör det som anges i värdepappersbolagsdirektivet (artikel 65) tolkas så att regler som rör värdepappersföretag, som tidigare fanns i kapitaltäckningsdirektivet, bör läsas som hänvisningar till mot- svarande regler i värdepappersbolagsdirektivet. I de ovan nämnda bestäm- melserna i lagen om värdepappersmarknaden bör det därför införas hän- visningar även till värdepappersbolagsdirektivet.</P>
<P class="p844 ft18"><SPAN class="ft76">14.3</SPAN><SPAN class="ft91">Ändringar i buffertlagen</SPAN></P>
<P class="p845 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>I lagen om kapitalbuffertar ska</P>
<P class="p846 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft17">bestämmelserna om att små och medelstora värdepappersbolag får undantas från kravet på kapitalkonserveringsbuffert och kravet på kontracyklisk buffert tas bort,</SPAN></P>
<P class="p847 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft17">bemyndigandena för regeringen eller myndighet som regeringen bestämmer att meddela föreskrifter om kriterier för vilka värdepappers- bolag som får undantas tas bort,</SPAN></P>
<P class="p848 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft17">definitionen av termen värdepappersbolag tas bort, och</SPAN></P>
<P class="p846 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft17">definitionen av termen institut justeras på sådant sätt att de värde- pappersbolag som ska ingå där ska vara sådana som ska tillämpa till- synsförordningen.</SPAN></P>
<P class="p826 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer inte med regeringens förslag. Utredningen föreslår att definitionen av värdepappersbolag i lagen om kapitalbuffertar bara ska omfatta sådana värdepappersbolag som ska tillämpa tillsynsförordningen.</P>
<P class="p121 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot det.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_221">
<P class="p136 ft2"><SPAN class="ft22">Skälen för regeringens förslag: </SPAN>I kapitaltäckningsdirektivet finns reg- Prop. 2020/21:173 ler om att en medlemsstat får undanta små och medelstora värdepappers-</P>
<P class="p439 ft2">företag från kraven att upprätthålla en kapitaltäckningsbuffert och en kontracyklisk kapitalbuffert (artiklarna <NOBR>129.2–129.4</NOBR> och <NOBR>130.2–130.4).</NOBR> Reglerna har i svensk rätt genomförts genom bestämmelser i buffertlagen och på lägre nivå (prop. 2013/14:228 s. 644 och prop. 2020/21:36 s. 594).</P>
<P class="p438 ft2">Genom värdepappersbolagsdirektivet (artikel 62.22 och 62.23) har de ovannämnda reglerna i kapitaltäckningsdirektivet upphävts. Bestämmel- serna i buffertlagen om att små och medelstora värdepappersbolag får undantas från kravet på kapitalkonserveringsbuffert och kravet på kontra- cyklisk buffert bör därför tas bort. I samma lag bör även bemyndigandena för regeringen eller den myndighet som regeringen bestämmer att meddela föreskrifter om kriterier för vilka värdepappersbolag som får undantas också tas bort.</P>
<P class="p438 ft2">När de ovan nämnda bestämmelserna tagits bort kommer det i buffert- lagen inte att finnas några bestämmelser som enbart rör värdepappers- bolag. Definitionen av termen värdepappersbolag i buffertlagen (2 kap.</P>
<P class="p102 ft2">1 §) bör därför tas bort.</P>
<P class="p391 ft2">Genomförandet av värdepappersbolagsdirektivet innebär att flertalet värdepappersföretag inte längre ska tillämpa kapitaltäckningsdirektivet. Bland de regler som inte längre ska tillämpas finns reglerna om kapitalbuffer- tar som i svensk rätt har genomförts genom bestämmelser i buffertlagen. De värdepappersbolag som omfattas av artikel 1.2 eller 1.5 i värdepappers- bolagsförordningen (se avsnitt 7.2) och värdepappersbolag med tillstånd att lämna kunder kredit och ta emot kunders medel på konto (se avsnitt 7.3) ska dock tillämpa bl.a. avdelning VII i kapitaltäckningsdirektivet, där reglerna om kapitalbuffertar finns. Tillämpningsområdet för buffertlagen bör därför anpassas så att bara sådana värdepappersbolag omfattas av lagen. Definitionen av termen institut i buffertlagen (2 kap. 1 §), som bl.a. innefattar värdepappersbolag, bör därför justeras på sådant sätt att de värdepappersbolag som ska ingå där enbart ska vara sådana som ska tillämpa tillsynsförordningen.</P>
<P class="p849 ft18"><SPAN class="ft76">14.4</SPAN><SPAN class="ft92">Ändringar i kapitaltäckningsdirektivet</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t109">
<TR>
<TD class="tr3 td97"><P class="p343 ft82">14.4.1</P></TD>
<TD class="tr3 td294"><P class="p850 ft84">Utökad räckvidd av termen institut vid viss</P></TD>
<TD class="tr3 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr2 td97"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td294"><P class="p18 ft84">tillgångsberäkning för grupp från tredjeland</P></TD>
<TD class="tr2 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr12 td324"><P class="p18 ft14"> </P></TD>
<TD class="tr44 td120"><P class="p18 ft98"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr16 td325"><P class="p73 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Ändringen av kapitaltäckningsdirektivet</P></TD>
<TD class="tr16 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td325"><P class="p73 ft2">som innebär att värdepappersföretag ska anses som institut vid</P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">beräkning av totala värdet av tillgångar i unionen för en grupp från</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td325"><P class="p73 ft2">tredjeland kräver inte några lagstiftningsåtgärder.</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr38 td326"><P class="p18 ft86"> </P></TD>
<TD class="tr40 td120"><P class="p18 ft88"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr20 td327"><P class="p416 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm-</P></TD>
<TD class="tr20 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td97"><P class="p18 ft2">ning.</P></TD>
<TD class="tr5 td294"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p416 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td97"><P class="p18 ft2">mot den.</P></TD>
<TD class="tr4 td294"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td327"><P class="p416 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">I kapitaltäckningsdirektivet finns</SPAN></P></TD>
<TD class="tr5 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td327"><P class="p18 ft2">regler om beräkningen av det totala värdet av tillgångar i unionen för en</P></TD>
<TD class="tr4 td120"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr33 td327"><P class="p18 ft2">grupp från tredjeland (artikel 21b.5). Beräkningen avgör när två eller flera</P></TD>
<TD class="tr33 td120"><P class="p16 ft2">221</P></TD>
</TR>
</TABLE>
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<P class="p851 ft2">Prop. 2020/21:173 institut i unionen som ingår i samma grupp från tredjeland ska ha ett enda intermediärt moderföretag inom EU som är etablerat i unionen. Kravet att inrätta intermediärt moderföretag gäller om det totala värdet av gruppens tillgångar i EU uppgår till motsvarande minst 40 miljarder euro (artikel 21b.4). Dessa regler i kapitaltäckningsdirektivet har i svensk rätt genomförts genom en ny bestämmelse i tillsynslagen (7 kap. 4 §, se prop. 2020/21:36).</P>
<P class="p852 ft2">Genom värdepappersbolagsdirektivet (artikel 62.9) har det gjorts en ändring i kapitaltäckningsdirektivet (artikel 21b.5) som innebär ett tillägg om att även värdepappersföretag ska omfattas av termen institut vid beräkningen av det totala värdet av tillgångarna. Det föranleder i sig inte någon ändring i den nämnda nya bestämmelsen i tillsynslagen, eftersom termen institut i den lagen redan omfattar värdepappersbolag.</P>
<P class="p853 ft84">14.4.2 Vissa andra ändringar i kapitaltäckningsdirektivet</P>
<P class="p854 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Vissa ändringar i kapitaltäckningsdirektivet som har gjorts genom värdepappersbolagsdirektivet kräver inte några särskilda lagstiftningsåtgärder.</P>
<TABLE cellpadding=0 cellspacing=0 class="t102">
<TR>
<TD class="tr2 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td243"><P class="p16 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">ning.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p16 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">mot den.</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p16 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">Genom värdepappersbolags-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p16 ft2">direktivet (artikel 62) har det gjorts flera ändringar i kapitaltäcknings-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p16 ft2">direktivet. Vissa av dem bedöms inte kräva några särskilda lagstiftnings-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">åtgärder. Skälen för detta är följande.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p16 ft2">I den artikel som anger tillämpningsområdet för kapitaltäcknings-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p16 ft2">direktivet (artikel 2) har det gjorts ändringar genom värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p16 ft2">direktivet (artikel 62.3). Artikeln har inte genomförts som en motsvarande</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p16 ft2">bestämmelse i lag och ändringen kräver därför inte någon lagstiftnings-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">åtgärd.</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p16 ft2">I definitionskatalogen i kapitalteckningsdirektivet har termen lokalt</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p16 ft2">företag (artikel 3.1.4) tagits bort genom värdepappersbolagsdirektivet</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p16 ft2">(artikel 62.4). Någon definition av den termen har inte införts i svensk lag</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">och ändringen kräver därför inte någon lagstiftningsåtgärd.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p16 ft2">I kapitaltäckningsdirektivet finns särskilda regler om samordning inom</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p16 ft2">medlemsstater som har fler än en behörig myndighet med befogenhet att</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p16 ft2">utöva tillsyn över kreditinstitut, värdepappersföretag och finansiella</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p16 ft2">institut (artikel 5). I Sverige är det bara Finansinspektionen som utövar</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p16 ft2">sådan tillsyn. Den ändring av dessa regler som har gjorts genom värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p16 ft2">pappersbolagsdirektivet (artikel 62.5) kräver därför inte någon lagstift-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">ningsåtgärd.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p16 ft2">Genom värdepappersbolagsdirektivet (artikel 62.10) har hela avdel-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p16 ft2">ning IV i kapitaltäckningsdirektivet, som innehåller regler om startkapital</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p16 ft2">för värdepappersföretag, tagits bort. Det kräver inte någon särskild lagstift-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p16 ft2">ningsåtgärd utan tas om hand när motsvarande regler i värdepappers-</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr32 td176"><P class="p278 ft2">222</P></TD>
<TD class="tr4 td243"><P class="p279 ft2">bolagsdirektivet genomförs i svensk rätt (se avsnitt 8).</P></TD>
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<TR>
<TD class="tr12 td243"><P class="p18 ft14"> </P></TD>
</TR>
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<P class="p136 ft2">I reglerna i kapitaltäckningsdirektivet (artikel 128) om definitioner för Prop. 2020/21:173 tillämpning av kapitlet om kapitalbuffertar (avdelning VII, kapitel 4) har</P>
<P class="p439 ft2">ett undantag för vissa värdepappersföretag tagits bort genom värde- pappersbolagsdirektivet (artikel 62.21). Denna ändring kräver inte någon lagstiftningsåtgärd.</P>
<P class="p668 ft18"><SPAN class="ft76">14.5</SPAN><SPAN class="ft92">Övriga lagändringar</SPAN></P>
<P class="p855 ft84"><SPAN class="ft82">14.5.1</SPAN><SPAN class="ft104">Ändrad titel på tillsynsförordningen och kapitaltäckningsdirektivet</SPAN></P>
<P class="p856 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Hänvisningar i lag till tillsynsförordningen och kapitaltäckningsdirektivet ska ändras så att respektive rättsakts nya titel anges.</P>
<P class="p857 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag. <SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot</P>
<P class="p102 ft2">det.</P>
<P class="p94 ft22">Skälen för regeringens förslag: <SPAN class="ft2">Genom värdepappersbolagsförord- ningen (artikel 62.1) har tillsynsförordningens titel ändrats till Europa- parlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012. På motsvarande sätt har kapitaltäckningsdirektivets titel ändrats genom värdepappersbolagsdirektivet (artikel 62.1) till Europa- parlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om be- hörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om upphävande av direk- tiven 2006/48/EG och 2006/49/EG. Ändringarna innebär att det i rätts- akternas titel inte längre anges ”och värdepappersföretag”. Dessutom har kapitaltäckningsdirektivets titel även ändrats språkligt på så sätt att ordet direktiv närmast före ”2006/48/EG och 2006/49/EG” i stället skrivs i bestämd form, dvs. direktiven. De bestämmelser i lag som innehåller hänvisningar till de båda rättsakternas titel bör därför ändras på mot- svarande sätt.</SPAN></P>
<P class="p858 ft2">Detta gäller även sådana lagar som i övrigt inte berörs av ändringarna i kapitaltäckningsregelverket. När det gäller tillsynsförordningen innebär det ändringar i följande lagrum: 3 a § lagen (1980:1097) om Svenska skeppshypotekskassan, 9 kap. 1 § sparbankslagen (1987:619), 4 kap. 11 § lagen (2000:192) om allmänna pensionsfonder <NOBR>(AP-fonder),</NOBR> 5 kap. 8 § lagen (2006:531) om särskild tillsyn över finansiella konglomerat, 1 kap. 4 § lagen (2010:751) om betaltjänster, 3 kap. 2 § lagen (2011:755) om elektroniska pengar. För kapitaltäckningsdirektivets del är det fråga om 3 kap. 1 § lagen (1991:980) om handel med finansiella instrument.</P>
<P class="p859 ft2">223</P>
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<P class="p558 ft84"><SPAN class="ft110">Prop. 2020/21:173 </SPAN>14.5.2 Bemyndiganden i tillsynslagen</P>
<P class="p778 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Regeringen eller den myndighet som regeringen bestämmer ska få meddela föreskrifter som kompletterar värdepappers- bolagsförordningens bestämmelser om beräkningen av kapitalbaskrav och koncentrationsrisker.</P>
<P class="p795 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer med regeringens förslag. <SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot</P>
<P class="p489 ft2">det.</P>
<P class="p536 ft2"><SPAN class="ft22">Skälen för regeringens förslag: </SPAN>Vissa av värdepappersbolagsförord- ningens bestämmelser om vad den behöriga myndigheten kan besluta om är utformade så att myndighetens beslut får verkningar för en obestämd krets adressater. Beslut av den karaktären bör meddelas genom föreskrifter på lägre nivå än lag (se prop. 2018/19:3 s. 29 f.). Det rör sig i värdepappers- bolagsförordningen om möjligheten att ändra volatilitetsjusteringar för vissa typer av råvaror (artikel 30.1 tredje stycket), som rör beräkningen av kapitalbaskraven i förordningen, och möjligheten att, i enlighet med förord- ningen (artikel 41.2), undanta vissa exponeringar från tillämpningen av beräkningen av koncentrationsrisker. Regeringen eller den myndighet som regeringen bestämmer bör därför få meddela föreskrifter som kompletterar värdepappersbolagsförordningen i dessa avseende.</P>
<P class="p860 ft84"><SPAN class="ft82">14.5.3</SPAN><SPAN class="ft99">Övriga följdändringar med anledning av det nya regelverket</SPAN></P>
<P class="p772 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Skyldigheten i kreditupplysningslagen att informera den som avses med en kreditupplysning ska gälla bara för sådana värdepappersbolag som ska tillämpa tillsynsförordningen.</P>
<P class="p861 ft2">Riksbankens underrättelseskyldighet vid en kritisk situation som uppstått i Sverige och kan äventyra likviditeten på finansmarknaden eller stabiliteten i det finansiella systemet i något land inom EES, ska enligt lagen om Sveriges riksbank gälla även i förhållande till berörda myndigheter inom EES med ansvar för gruppbaserad tillsyn enligt värde- pappersbolagsdirektivet.</P>
<P class="p615 ft2">I en kapitaltäckningsanalys som ska lämnas enligt lagen om års- redovisning i kreditinstitut och värdepappersbolag ska det även lämnas uppgifter om kapitalbasen och kapitalbaskraven enligt värdepappers- bolagsförordningen.</P>
<P class="p652 ft2">Företag ska enligt inkomskattelagen inte få dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av värdepappersbolagsförordningen.</P>
<P class="p652 ft2">Uppgifter som samlats in med stöd av bestämmelserna om rappor- teringskrav i artiklarna 54 och 55 i värdepappersbolagsförordningen ska få behandlas i databasen enligt lagen om en databas för övervakning av och tillsyn över finansmarknaderna.</P>
<P class="p615 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>I definitionen av sidoverksam försäkrings- förmedlare i lagen om försäkringsdistribution bör hänvisningarna när det gäller definitionerna av kreditinstitut och värdepappersföretag i</P>
<P class="p862 ft2">224</P>
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<P class="p863 ft2">tillsynsförordningen även i fortsättningen avse förordningen i den vid varje tidpunkt gällande lydelsen.</P>
<P class="p864 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer i huvudsak med regeringens förslag och bedömning. Enligt utredningens förslag ska definitionen av sidoverksam försäkringsförmedlare i lagen om försäkringsdistribution ändras så att hänvisningen när det gäller definitionerna av kreditinstitut och värdepappersföretag i tillsynsförordningen ändras så att den avser förordningen i den ursprungliga lydelsen.</P>
<P class="p115 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot det.</P>
<P class="p623 ft22">Skälen för regeringens förslag och bedömning</P>
<P class="p624 ft3">Kreditupplysningslagen</P>
<P class="p625 ft2">I kreditupplysningslagen (1973:1173) finns bestämmelser om att den som avses med en kreditupplysning ska informeras i olika avseenden när en upplysning lämnas ut (11 §). Om kreditupplysningen lämnas ut till ett svenskt kreditinstitut eller värdepappersbolag, eller till ett motsvarande utländskt företag, för att användas endast som underlag för beräkning av kapitalkravet för kreditrisker med en sådan metod som avses i artikel 143.1 i tillsynsförordningen, finns vissa lättnader när det gäller informations- skyldigheten (11 § andra stycket). Eftersom det inte längre kan bli aktuellt för de värdepappersbolag som ska tillämpa värdepappersbolagsförord- ningen att använda den metoden, bör bestämmelsen gälla bara för sådana värdepappersbolag som ska tillämpa tillsynsförordningen.</P>
<P class="p569 ft3">Lagen om Sveriges riksbank</P>
<P class="p625 ft2">Enligt lagen (1988:1385) om Sveriges riksbank (4 kap. 4 a §) ska Riks- banken om den får kännedom om en sådan kritisk situation som avses i tillsynslagen omgående underrätta berörda myndigheter inom EES med ansvar för gruppbaserad tillsyn enligt kapitaltäckningsdirektivet. Det som avses är om situationer som uppstått i Sverige och som kan äventyra likviditeten på finansmarknaden eller stabiliteten i det finansiella systemet i något land inom EES (6 kap. 3 § andra stycket tillsynslagen). Eftersom värdepappersbolagsdirektivet gäller för de flesta värdepappersföretag bör underrättelseskyldigheten även gälla i förhållande till berörda myndigheter inom EES med ansvar för gruppbaserad tillsyn enligt värdepappersbolags- direktivet. Den hänvisning till värdepappersbolagsdirektivet som bör införas i lagen bör vara statisk, se avsnitt 6.4. Av konsekvensskäl bör även hänvisningen till kapitaltäckningsdirektivet, som i dag är dynamisk, ändras till statisk.</P>
<P class="p148 ft3">Lagen om årsredovisning i kreditinstitut och värdepappersbolag</P>
<P class="p625 ft2">Enligt lagen (1995:1559) om årsredovisning i kreditinstitut och värde- pappersbolag ska det i kapitaltäckningsanalysen lämnas uppgifter om kapitalbasen och kapitalbaskraven i enlighet med vad som följer av till- synsförordningen (6 kap. 3 §). I kapitaltäckningsanalysen bör det även lämnas uppgifter om kapitalbasen och kapitalbaskraven enligt värde- pappersbolagsförordningen.</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">225</P>
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<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">226</P>
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<DIV id="id_2">
<P class="p14 ft3">Inkomstskattelagen</P>
<P class="p723 ft31">Enligt inkomstskattelagen (1999:1229) får ett företag som omfattas av till- synsförordningen inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av förordningen (24 kap. 9 § första stycket). Bestämmelser om att vissa efterställda skulder får ingå i kapitalbasen finns i tillsynsförordningen, dels i form av ”primärkapitaltillskott” (artikel 52 i tillsynsförordningen), dels i form av ”supplementärkapitalinstrument” (arti- kel 63). Värdepappersbolagsförordningen innehåller nya bestämmelser om kapitalbasens sammansättning och kapitalbaskrav (artiklarna 9 och 11). Dessa bestämmelser innebär dock att kärnprimärkapital, övrigt primärkapital för kapitaltäckningsändamål och supplementärkapital definieras genom hänvis- ning till motsvarande bestämmelser i tillsynsförordningen (artikel 9.1).</P>
<P class="p684 ft2">Som framgår av avsnitt 16 kommer värdepappersbolagsförordningen inte bara att tillämpas av många värdepappersbolag som i dag tillämpar tillsynsförordningen utan även av vissa värdepappersbolag som i dag är helt eller till stora delar undantagna från kapitaltäckningsregelverket. För att öka neutraliteten mellan finansiering med eget kapital och finansiering med efterställda skulder bör samtliga värdepappersbolag som omfattas av värdepappersbolagsförordningen också omfattas av avdragsförbudet (jfr även prop. 2016/17:1, Förslag till statens budget, finansplan m.m. avsnitt 6.10). Regeringen anser därför att bestämmelserna i inkomstskattelagen bör anpassas så att avdragsförbudet även gäller för företag som omfattas av värdepappersbolagsförordningen.</P>
<P class="p865 ft3">Lagen om en databas för övervakning av och tillsyn över finansmarknaderna</P>
<P class="p674 ft2">I lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna regleras vilka uppgifter som får behandlas i databasen (3 §). Det gäller bl.a. uppgifter som har samlats in med stöd av den rapporteringsskyldighet som följer av angivna artiklar i tillsynsförord- ningen (punkt 15). Även uppgifter som samlats in med stöd av värde- pappersbolagsförordningen (artiklarna 54 och 55) bör få behandlas i data- basen.</P>
<P class="p316 ft3">Lagen om försäkringsdistribution</P>
<P class="p723 ft31">I lagen (2018:1219) om försäkringsdistribution finns en definition av sido- verksam försäkringsförmedlare (1 kap. 9 § 20). Med en sådan avses en försäkringsförmedlare – utom kreditinstitut och värdepappersföretag enligt definitionen i artikel 4.1.1 och 4.1.2 i tillsynsförordningen – som bedriver försäkringsdistribution som sidoverksamhet under förutsättning att vissa villkor är uppfyllda. Definitionen genomför en motsvarande definition i Europaparlamentets och rådets direktiv (EU) 2016/97 av den 20 januari 2016 om försäkringsdistribution (försäkringsdistributionsdirektivet, artikel 2.1.4), vilken hänvisar till definitionerna av kreditinstitut och värdepappersföretag i tillsynsförordningen. Det direktivet har inte ändrats genom värdepappers- bolagsdirektivet. Utredningen tolkar detta som att möjligheten för vissa värdepappersbolag att vara sidoverksamma försäkringsförmedlare bör bestå (jfr prop. 2017/18:216 s. 176 f.). För att det inte ska ske någon ändring i detta avseende föreslår utredningen att det i lagen ska anges att det är den</P>
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<P class="p329 ft2">ursprungliga lydelsen av tillsynsförordningen som avses, dvs. hänvisningen Prop. 2020/21:173 till förordningen ska göras statisk.</P>
<P class="p94 ft2">Regeringen bedömer däremot att skälet för att försäkringsdistributions- direktivet inte har ändrats genom värdepappersbolagsdirektivet är att de nu aktuella hänvisningarna till tillsynsförordningen är dynamiska, dvs. avser tillsynsförordningen i den vid varje tidpunkt gällande lydelsen. Den ändring i tillsynsförordningens definitioner av kreditinstitut och värde- pappersbolag som har gjorts genom värdepappersbolagsförordningen (artikel 62.3) kommer därför att påverka innebörden av den nu aktuella definitionen i försäkringsdistributionsdirektivet. Det krävs dock inte någon lagstiftningsåtgärd för att den ändrade innebörden av definitionen i direktivet ska få genomslag i motsvarande definition i svensk rätt, näm- ligen definitionen av sidoverksam försäkringsförmedlare i lagen försäk- ringsdistribution (1 kap. 9 § 20), eftersom hänvisningen till tillsynsförord- ningen är dynamisk i definitionen i lagen.</P>
<P class="p866 ft84"><SPAN class="ft82">14.5.4</SPAN><SPAN class="ft104">Offentliggörande av kapitaltäckningsinformation i årsredovisningen</SPAN></P>
<P class="p779 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Det finns inte skäl att ändra kravet på att kreditinstitut och värdepappersbolag ska offentliggöra kapitaltäck- ningsinformation i årsredovisningen.</P>
<P class="p867 ft2"><SPAN class="ft22">Utredningen </SPAN>tar inte upp frågan.</P>
<P class="p92 ft2"><SPAN class="ft22">Remissinstanserna: </SPAN><SPAN class="ft3">FAR </SPAN>anser att det finns behov av att ändra lagen om årsredovisning i kreditinstitut och värdepappersbolag så att det inte längre ska krävas att en kapitaltäckningsanalys ska ingå i årsredovis- ningen. Det finns inte något sådant krav i de aktuella <NOBR>EU-regelverken</NOBR> och FAR anser att genom att slopa kravet på att kapitaltäckningsinformation ska ingå i årsredovisningen skulle Sverige uppnå harmonisering med övriga Europa.</P>
<P class="p420 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">Enligt lagen om årsredovisning i kreditinstitut och värdepappersbolag ska en kapitaltäckningsanalys ingå i årsredovisningen (2 kap. 1 §). I lagen finns även bestämmelser om att till- synsförordningen ska beaktas vid tillämpningen av lagen och om att kapitaltäckningsanalysen ska innehålla uppgifter om kapitalbasen och kapitalbaskraven enligt vad som följer av tillsynsförordningen (5 kap. 7 § och 6 kap. 3 §). I avsnitt 14.5.3 föreslås bl.a. att det i en kapitaltäcknings- analys som ska lämnas även ska lämnas uppgifter om kapitalbasen och kapitalbaskraven enligt värdepappersbolagsförordningen.</SPAN></P>
<P class="p420 ft2">Regeringen konstaterar att kravet på att en kapitaltäckningsanalys ska ingå i årsredovisningen har funnits under en lång tid (se prop. 1994/95:50 s. 276). Vid genomförandet i svensk rätt av kapitaltäckningsdirektivet gjordes bedömningen att kravet skulle behållas (prop. 2013/14:228</P>
<P class="p868 ft2"><SPAN class="ft2">s.</SPAN><SPAN class="ft17">134 f.). Kravet syftar ytterst till att marknadsaktörerna ska få korrekt och fullständig information om kreditinstituts och värdepappersbolags risk- profiler (jfr skäl 68 i tillsynsförordningen och samma prop. s. 134). Även om varken kapitaltäckningsdirektivet, värdepappersbolagsförordningen eller värdepappersbolagsdirektivet kräver att denna analys ingår i årsredo-</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
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<TD class="tr16 td316"><P class="p18 ft2">visning, anser regeringen, till skillnad från <SPAN class="ft3">FAR</SPAN>, att det finns skäl för att</P></TD>
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<P class="p473 ft2">Prop. 2020/21:173 kapitaltäckningsanalysen ingår som en del i årsredovisningen i de före- tagen. Det finns därför inte skäl att ändra den nuvarande ordningen.</P>
<P class="p869 ft1"><SPAN class="ft1">15</SPAN><SPAN class="ft111">Ikraftträdande- och övergångsbestämmelser</SPAN></P>
<P class="p703 ft18"><SPAN class="ft76">15.1</SPAN><SPAN class="ft91">Värdepappersbolagsförordningen</SPAN></P>
<P class="p870 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Värdepappersbolagsförordningen kräver inte några lagstiftningsåtgärder.</P>
<P class="p701 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm- ning.</P>
<P class="p477 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker bedömningen eller har inget att invända mot den.</P>
<P class="p490 ft22">Skälen för regeringens bedömning: <SPAN class="ft2">Värdepappersbolagsförordningen ska, med ett par undantag, tillämpas från och med den 26 juni 2021 (artikel 66). Ett av undantagen gäller bestämmelserna i artikel 63.2 och</SPAN></P>
<P class="p524 ft2"><SPAN class="ft2">63.3</SPAN><SPAN class="ft112">som rör ändringar i bestämmelser i MiFIR om s.k. </SPAN><NOBR>tick-size</NOBR> eller budsteg, som ska tillämpas från och med den 26 mars 2020. Ett annat undantag är artikel 62.30, som innebär en ändring i bestämmelserna i artikel 430b.1 i tillsynsförordningen om särskilda rapporteringskrav för marknadsrisk på så sätt att de ska gälla för kreditinstitut och inte för institut, ska tillämpas från och med den 25 december 2019. Ytterligare ett undantag gäller artikel 62.32 och 62.33, som avser tillämpning av bestämmelser i MiFID II om stora exponeringar respektive kapitalbaskrav för vissa värdepappersföretag. Även dessa artiklar ska tillämpas från och med den 25 december 2019.</P>
<P class="p570 ft2">Värdepappersbolagsförordningen är direkt tillämplig och varken ska eller får genomföras i eller omvandlas till nationell rätt. Några särskilda åt- gärder för att förordningen ska börja gälla i Sverige ska därför inte vidtas.</P>
<P class="p477 ft2">Värdepappersbolagsförordningen innehåller i vissa övergångsbestämmelser (artiklarna <NOBR>57–59)</NOBR> som bl.a. innebär att värdepappersföretag under en över- gångsperiod får tillämpa lägre kapitalkrav än vad som följer av förord- ningen. Liksom förordningen i övrigt är dessa övergångsbestämmelser direkt tillämpliga.</P>
<TABLE cellpadding=0 cellspacing=0 class="t110">
<TR>
<TD class="tr19 td122"><P class="p18 ft18">15.2</P></TD>
<TD class="tr19 td342"><P class="p39 ft18">Värdepappersbolagsdirektivet</P></TD>
</TR>
<TR>
<TD class="tr7 td122"><P class="p18 ft84">15.2.1</P></TD>
<TD class="tr7 td342"><P class="p39 ft84">Ikraftträdande</P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 class="t111">
<TR>
<TD class="tr33 td319"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td343"><P class="p43 ft2"><SPAN class="ft22">Regeringens förslag: </SPAN>Lagändringarna ska träda i kraft den 26 juni 2021.</P></TD>
</TR>
<TR>
<TD class="tr40 td319"><P class="p18 ft88"> </P></TD>
<TD class="tr38 td321"><P class="p18 ft86"> </P></TD>
</TR>
<TR>
<TD class="tr3 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr3 td103"><P class="p29 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer i huvudsak med regeringens för-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">slag. Utredningen föreslår att ändringen i lagen om värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">marknaden, som innebär att regler för en börs om minsta tillåtna pris-</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr33 td61"><P class="p594 ft2">228</P></TD>
<TD class="tr5 td103"><P class="p18 ft31">ändring inte ska hindra en börs från att matcha order av stor omfattning på</P></TD>
</TR>
<TR>
<TD class="tr46 td103"><P class="p18 ft113"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_229">
<DIV id="p229dimg1">
<INGENBILD zsrc="H803173229x1.jpg/" id="p229img1">
</DIV>
<P class="p329 ft2">mittpunkten inom de aktuella köp- och säljbuden, ska träda i kraft den Prop. 2020/21:173 1 december 2020.</P>
<P class="p92 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot det.</P>
<P class="p89 ft2"><SPAN class="ft22">Skälen för regeringens förslag: </SPAN>Medlemsstaterna ska senast den 26 juni 2021 anta och offentliggöra de bestämmelser som är nödvändiga för att följa värdepappersbolagsdirektivet (artikel 67.1). De nationella bestäm- melserna ska, med ett undantag, tillämpas från och med detta datum. Lag- ändringarna bör därför träda i kraft samma dag.</P>
<P class="p93 ft2">En reglerad marknad ska enligt MiFID II ha regler om gränser för hur priset ändras (s.k. <NOBR>tick-size</NOBR> eller budsteg) för bl.a. aktier (artikel 49.1). Genom värdepappersbolagsdirektivet (artikel 64.5) har de reglerna ändrats på så sätt att den anges att kravet inte ska hindra reglerade marknader från ordermatchning av stor omfattning på mittpunkten inom de aktuella köp- och säljbuden. Med anledning av detta föreslås i avsnitt 14.1.3 att det ska göras en motsvarande ändring i bestämmelserna i lagen om värdepappers- marknaden (13 kap. 1 i §). Enligt värdepappersbolagsdirektivet ska med- lemsstaterna tillämpa de bestämmelser som är nödvändiga för att följa de nya reglerna i MiFID II redan från och med den 26 mars 2020 (artikel 67.1 andra stycket i värdepappersbolagsdirektivet). Regeringen anser i likhet med utredningen att det inte kan krävas att medlemsstaterna genomför en lagändring inom den angivna tidsfristen (se samma avsnitt). I avvaktan på att en lagändring kan träda i kraft bör de nya reglerna i MiFID II kunna följas genom att de nationella bestämmelserna som beskrivs i ovan nämnda avsnitt tolkas i enlighet med direktivet. Det finns därför inte skäl för att, som utredningen föreslår, den ändring av den bestämmelsen i lagen om värdepappersmarknaden (13 kap. 1 i §) bör träda i kraft vid ett tidigare datum än övriga lagändringar som föreslås i denna proposition.</P>
<P class="p871 ft84"><SPAN class="ft82">15.2.2</SPAN><SPAN class="ft104">Övergångsbestämmelser</SPAN></P>
<P class="p872 ft31"><SPAN class="ft35">Regeringens förslag: </SPAN>Undantaget för små och <NOBR>icke-sammanlänkade</NOBR> värde- pappersbolag från bestämmelserna i värdepappersmarknaden om soliditet, kapitalutvärdering och riskhantering ska för värdepappersbolag som vid tidpunkten för ikraftträdandet uppfyller kriterierna för att vara små och <NOBR>icke-sammanlänkade</NOBR> vara tillämpligt från den tidpunkten.</P>
<P class="p780 ft2">Bestämmelserna i inkomstskattelagen om avdragsförbud för ränte- utgifter på efterställda skulder som får ingå i kapitalbasen vid tillämp- ning av värdepappersbolagsförordningen ska tillämpas första gången på ränteutgifter som belöper sig på tiden efter den 25 juni 2021.</P>
<P class="p873 ft2"><SPAN class="ft22">Utredningens förslag </SPAN>överensstämmer delvis med regeringens förslag. Utredningens förslag innehåller ingen övergångsbestämmelse om tillämp- ningen av bestämmelserna i inkomstskattelagen om avdragsförbud.</P>
<P class="p89 ft2"><SPAN class="ft22">Remissinstanserna </SPAN>tillstyrker förslaget eller har inget att invända mot det.</P>
<P class="p92 ft2"><SPAN class="ft22">Skälen för regeringens förslag: </SPAN>Värdepappersbolag som är små och <NOBR>icke-sammanlänkade</NOBR> ska enligt förslaget i avsnitt 9.2 inte tillämpa bestämmelserna i lagen om värdepappersmarknaden om soliditet, kapital-</P>
<P class="p14 ft12">utvärdering och riskhantering. Undantaget ska enligt förslaget börja</P>
<P class="p539 ft2">229</P>
</DIV>
<DIV id="page_230">
<P class="p791 ft2">Prop. 2020/21:173 tillämpas när ett bolag under sex månader har uppfyllt kriterierna för att vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag. För de bolag som redan vid ikraftträdandet uppfyller kriterierna är det dock rimligt att undan- taget ska gälla omedelbart. Detta bör regleras i övergångsbestämmelserna.</P>
<P class="p505 ft2">När det gäller den ändring i inkomstskattelagen som föreslås i avsnitt</P>
<P class="p541 ft2"><SPAN class="ft2">14.5.3</SPAN><SPAN class="ft68">bör det införas en övergångsbestämmelse om att bestämmelserna om avdragsförbud för ränteuppgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av värdepappersbolagsförordningen ska tillämpas första gången på ränteutgifter som belöper sig på tiden efter den 25 juni 2021.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t112">
<TR>
<TD class="tr7 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr7 td24"><P class="p611 ft93">16</P></TD>
<TD class="tr7 td317"><P class="p18 ft1">Förslagens konsekvenser</P></TD>
</TR>
<TR>
<TD class="tr16 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td318"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr16 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td320"><P class="p43 ft2"><SPAN class="ft22">Regeringens bedömning: </SPAN>Förslagen har positiva effekter för samhälls-</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p43 ft2">ekonomin och företagen.</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p593 ft2">De merkostnader som förslagen medför för Finansinspektionen bör</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">hanteras inom befintliga budgetramar.</P></TD>
</TR>
<TR>
<TD class="tr5 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td320"><P class="p593 ft2">De eventuella merkostnader som kan uppstå för de allmänna förvalt-</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">ningsdomstolarna med anledning av förslagen bör hanteras inom</P></TD>
</TR>
<TR>
<TD class="tr4 td319"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td320"><P class="p43 ft2">befintliga budgetramar.</P></TD>
</TR>
<TR>
<TD class="tr40 td319"><P class="p18 ft88"> </P></TD>
<TD colspan=2 class="tr38 td321"><P class="p18 ft86"> </P></TD>
</TR>
<TR>
<TD class="tr20 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr20 td103"><P class="p593 ft2"><SPAN class="ft22">Utredningens bedömning </SPAN>överensstämmer med regeringens bedöm-</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td24"><P class="p18 ft2">ning.</P></TD>
<TD class="tr5 td317"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p593 ft2"><SPAN class="ft22">Remissinstanserna: </SPAN>Flertalet remissinstanser tillstyrker bedömningen</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">eller har inget att invända mot den. <SPAN class="ft3">Regelrådet </SPAN>efterlyser en tydligare</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft31">beskrivning av de förväntade kostnaderna och tidsåtgången för de företag som</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft31">berörs av det nya regelverket. Regelrådet anför vidare att det inte framgår i</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft31">vilken mån det har gjorts någon form av beräkningar av dessa konsekvenser</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">av kommissionen i samband med att förslaget togs fram och vad en sådan</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">analys i sådana fall visade. <SPAN class="ft3">Finansinspektionen </SPAN>anser att utredningens</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">bedömning att de merkostnader som förslagen kan medföra för</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">Finansinspektionen huvudsakligen bör rymmas inom befintliga ramar och</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">hanteras genom omprioriteringar av befintliga resurser bygger på en</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">underskattning av kostnaderna. <SPAN class="ft3">Sveriges advokatsamfund </SPAN>betonar vikten</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">av att Finansinspektionen har förmåga att hantera de alltmer komplexa</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">regelverken på finansmarknadsområdet och anser att inspektionen därför</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">behöver tillföras ytterligare resurser för att den ska kunna attrahera</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">tillräckligt kompetent personal och också behålla den över tid.</P></TD>
</TR>
<TR>
<TD class="tr42 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr42 td103"><P class="p18 ft22">Skälen för regeringens bedömning</P></TD>
</TR>
<TR>
<TD class="tr33 td61"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td24"><P class="p18 ft3">Inledning</P></TD>
<TD class="tr33 td317"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr3 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr3 td103"><P class="p18 ft31">I denna proposition föreslås ändringar i svensk rätt som är nödvändiga med</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">anledning av värdepappersbolagsförordningen och värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr5 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft2">direktivet. I propositionen görs även överväganden när det gäller</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft2">konsekvenserna av det nya regelverket i förhållande till den nuvarande</P></TD>
</TR>
<TR>
<TD class="tr4 td61"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td103"><P class="p18 ft31">ordningen som ger svenska värdepappersbolag möjlighet att, med tillstånd</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr32 td61"><P class="p594 ft2">230</P></TD>
<TD colspan=2 class="tr5 td103"><P class="p18 ft31">från Finansinspektionen, ta emot kunders medel på konto för att underlätta</P></TD>
</TR>
<TR>
<TD class="tr43 td24"><P class="p18 ft90"> </P></TD>
<TD class="tr43 td317"><P class="p18 ft90"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_231">
<DIV>
<DIV id="id_1">
<P class="p595 ft2">värdepappersrörelsen, och ta ställning till om det finns skäl som motiverar att denna ordning behålls. Dessa överväganden är inte direkt föranledda av de nya <NOBR>EU-rättsakterna.</NOBR> I avsnitt 16 ges en övergripande och samman- fattande beskrivning av förslagens förväntade konsekvenser.</P>
<P class="p705 ft2">Vissa värdepappersbolag omfattas i dag av samma regelverk om kapital- täckning som kreditinstitut. Övriga värdepappersbolag är undantagna från hela eller stora delar av det regelverket. Genom värdepappersbolags- förordningen och värdepappersbolagsdirektivet införs ett nytt regelverk om kapitaltäckning för värdepappersbolag, vilket är anpassat till dessa bolags egenart och som syftar till att vara mer proportionerligt i för- hållande till bolagens storlek, tjänster och grad av komplexitet. Det nya regelverket har många likheter med det nuvarande, men en väsentlig skillnad är sättet att beräkna bolagens kapitalkrav. En redogörelse för bakgrunden till de nya <NOBR>EU-rättsakterna</NOBR> och en översiktlig beskrivning av de huvudsakliga förändringarna finns i avsnitt 4.</P>
<P class="p600 ft31">Värdepappersbolagsförordningen är direkt gällande i medlemsstaterna men i vissa avseenden krävs anpassningar eller kompletteringar av svensk rätt. När det gäller värdepappersbolagsdirektivet ska medlemsstaterna säkerställa att detta genomförs i nationell rätt. Om så inte sker eller om de till följd av förordningen nödvändiga anpassningarna inte görs, riskerar Sverige att kommissionen inleder ett förfarande om fördragsbrott. Något utrymme för alternativa förslag eller att avstå från ett genomförande eller att göra nödvändiga anpassningar finns alltså i princip inte. När det gäller frågan om rörliga ersättningar för anställda i värdepappersbolag ger dock värdepappersbolagsdirektivet medlemsstaterna viss valfrihet vid genom- förandet. I avsnitt 10.4 redovisar regeringen sin bedömning i frågan.</P>
<P class="p874 ft2">Möjligheten för svenska värdepappersbolag att få tillstånd att ta emot medel på konto för att underlätta värdepappersrörelsen härstammar inte från någon <NOBR>EU-rättsakt,</NOBR> utan är en svensk nationell reglering. I avsnitt 7.3 föreslås att denna möjlighet till sidotjänst ska behållas och att bolag med ett sådant tillstånd ska tillämpa tillsynsförordningen och de bestämmelser i tillsynslagen som gäller för kreditinstitut.</P>
<P class="p603 ft31">Som redovisas i avsnitt 5.2.2 är en väsentlig förändring för värdepappers- bolagens del det nya sättet att beräkna kapitalbaskraven. Beräkningssättet följer direkt av värdepappersbolagsförordningen. I detta avseende finns inget utrymme för nationella överväganden utan värdepappersbolagen kommer att vara skyldiga att ha de kapitalbasnivåer som följer av förord- ningen. Eftersom denna ändring inte är en konsekvens av regeringens för- slag, görs ingen beräkning av vilka ekonomiska konsekvenser ändringen får för värdepappersbolagen. Detsamma gäller beträffande övriga ändringar för värdepappersbolagen som är en direkt följd av en tillämpning av värdepappersbolagsförordningen.</P>
<P class="p875 ft2">I ett avseende kan dock frågan om vilket regelverk som ska tillämpas sägas vara ett resultat av förslagen i propositionen och därmed eventuellt aktualisera ett behov av beräkningar av de ekonomiska konsekvenserna av olika alternativ. Det gäller frågan om möjligheten för värdepappersbolag att få tillstånd att ta emot kunders medel på konto. Regeringen föreslår som nämns ovan att denna ordning ska behållas och att dessa bolag som en konsekvens även i fortsättningen ska tillämpa tillsynsförordningen med de kapitalbaskrav som följer av den för- ordningen.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">231</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_232">
<DIV>
<DIV id="id_1">
<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">232</P>
</DIV>
<DIV id="id_2">
<P class="p682 ft2">Utredningen överväger behovet av att inför ställningstagandet i frågan beräkna de ekonomiska konsekvenserna av en tillämpning av kapitalbas- kraven enligt tillsynsförordningen respektive värdepappersbolagsförord- ningen. Utredningen konstaterar för det första att sådana beräkningar inte enkelt låter sig göras. Finansinspektionen har inte tillgång till tillräckliga uppgifter för att göra beräkningarna. Det skulle i stället ligga närmast till hands att låta värdepappersbolagen utföra dessa. Här ska noteras att beräk- ningarna i så fall skulle göras utifrån ett helt nytt och omfattande regelverk. Inte minst beräkningen av det s.k. <NOBR>K-faktorkravet</NOBR> enligt värdepappers- bolagsförordningen är komplex (artikel 15). Att utföra sådana beräkningar skulle således kräva att värdepappersbolagen avsätter relativt omfattande resurser. För det andra kan nyttan med sådana beräkningar ifrågasättas. De skulle endast ge en ögonblicksbild av vad förändringen i nuläget skulle innebära för just de fyra bolag som i dag har tillstånd att ta emot kunders medel på konto för att underlätta värdepappersrörelsen. Om ett sådant bolags verksamhet skulle bli mer omfattande alternativt minska eller ändras på något annat sätt, skulle resultatet av den gjorda beräkningen direkt bli irrelevant. Som i vart fall något av de aktuella bolagen har gett uttryck för skulle en slopad möjlighet för värdepappersbolag att ha tillstånd att ta emot kunders medel på konto dessutom kunna innebära att bolaget i stället skulle ansöka om tillstånd som kreditinstitut. Oavsett utredningens förslag skulle därmed ett sådant bolag även i fortsättningen tillämpa tillsyns- förordningen. Regeringen instämmer därför med utredningen att det är ytterst tveksamt om nyttan med beräkningarna skulle överstiga kostnaden för detta. Regeringen har därför i likhet med utredningen avstått från att be värdepappersbolagen utföra beräkningarna. <SPAN class="ft3">Regelrådet </SPAN>har inte några starka invändningar mot resonemanget om kostnad och nytta med en sådan beräkning men vill framhålla att även exempelberäkningar i före- kommande fall kan ha ett värde. Regeringen anser dock att inte heller exempelberäkningar torde vara meningsfulla mot bakgrund av det som anförs ovan.</P>
<P class="p876 ft3">Vissa samhällsekonomiska konsekvenser</P>
<P class="p674 ft2">Syftet med det nya regelverket är att det ska vara anpassat till värde- pappersbolagens egenart och mer proportionerligt i förhållande till dessa bolags storlek, tjänster och grad av komplexitet. Ett regelverk som är an- passat till de risker som är typiska i värdepappersbolagens verksamhet kan bidra till stabila bolag som förvaltas på ett ordnat sätt. Detta gagnar bolagens kunder, däribland konsumenter, och i förlängningen även sam- hället i stort.</P>
<P class="p569 ft3">Offentligfinansiella effekter</P>
<P class="p674 ft2">I propositionen (avsnitt 14.5.3) föreslås att avdragsförbudet för ränte- utgifter på vissa efterställda skulder i 24 kap. 9 § inkomstskattelagen ska omfatta inte bara företag som omfattas av tillsynsförordningen utan även företag som omfattas av värdepappersbolagsförordningen. Ränteutgifter på efterställda skulder som får ingå i kapitalbasen kan komma att omfattas av avdragsförbudet med anledning av förslaget till ändringar i regelverket om kapitaltäckning. Om avdrag inte får göras för ränteutgifter medför det att den skattepliktiga vinsten ökar. Detta skulle kunna leda till en positiv</P>
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<P class="p114 ft2">offentligfinansiell effekt. Storleken på den offentligfinansiella effekten beror på storleken och sammansättningen av företagens kapitalbas. Denna kan förväntas vara en funktion av kapitalkravet, där kapitalbasen ska vara större än kapitalkravet. Storleken på den offentligfinansiella effekten beror också på antalet företag som i dag inte omfattas av tillsynsförordningen och dess avdragsförbud men kommer att omfattas av värdepappersbolags- förordningen. Det är fråga om 40 företag (se nedan under rubriken Konsekvenser för värdepappersbolagen – antal och kategorier) och kapitalkravet för dessa uppgår för närvarande för var och en till högst motsvarande 125 000 euro. Det sammanlagda kapitalkravet uppgår därmed till omkring 5 000 000 euro. Bara en del av kapitalbasen består av efterställda skulder. Det saknas uppgift om storleken på den sammanlagda kapitalbasen men även om denna skulle överstiga kapitalkravet med exempelvis tio gånger bedöms effekten på de offentliga finanserna vara marginell eller försumbar.</P>
<P class="p670 ft3">Konsekvenser för värdepappersbolagen – antal och kategorier</P>
<P class="p636 ft31">När tillsynslagen infördes omfattade den lagen fler värdepappersbolag än i dag. Genom ändringar i tillsynslagen som trädde i kraft den 1 januari 2018 justerades definitionen av värdepappersbolag i den lagen så att den därefter stämmer överens med motsvarande definition i tillsynsförord- ningen (artikel 4.1.2). De värdepappersföretag som inte anses utgöra värdepappersföretag i tillsynsförordningens mening är företag som har tillstånd för endast någon eller några av investeringstjänsterna mottagande och vidarebefordran av order, utförande av order, diskretionär portfölj- förvaltning eller investeringsrådgivning under förutsättning att företaget inte förvarar kunders finansiella instrument eller kontanta medel, och inte heller har tillstånd att göra det. I samband med ovan nämnda ändringar i tillsynslagen justerades lagens tillämpningsområde också så att den inte heller längre omfattar fondbolag och förvaltare av alternativa investeringsfonder <NOBR>(AIF-förvaltare)</NOBR> med tillstånd för diskretionär portföljförvaltning.</P>
<P class="p877 ft2">I mars 2021 fanns det 92 värdepappersbolag i Sverige. Av dessa var 40 bolag, dvs. nästan hälften, sådana som inte anses utgöra värdepappers- företag enligt tillsynsförordningen (artikel 4.1.2 c). Sistnämnda bolag är undantagna från hela eller stora delar av kapitaltäckningsregelverket.</P>
<P class="p215 ft31">Genom värdepappersbolagsförordningen och värdepappersbolagsdirek- tivet har tillämpningsområdet för regelverket om kapitaltäckning på nytt utvidgats för värdepappersbolagens del. Definitionen av värdepappers- företag i dessa <NOBR>EU-rättsakter</NOBR> hänvisar nämligen till definitionen i MiFID II (artikel 4.1.1 i MiFID II), enligt vilken med värdepappersföretag avses en juridisk person vars regelmässiga verksamhet eller rörelse består i att yrkesmässigt tillhandahålla en eller flera investeringstjänster till tredje part eller att utföra en eller flera investeringsverksamheter. Det innebär i prin- cip att alla värdepappersbolag, dvs. i dag 92 bolag, ska tillämpa regelver- ket. Värdepappersbolag som tillhör kategorin små och <NOBR>icke-sammanlänka-</NOBR> de värdepappersföretag är dock undantagna från tillämpningsområdet för delar av regelverket. Vidare gäller att vissa värdepappersbolag ska tillämpa tillsynsförordningen och tillsynslagens regler för kreditinstitut, trots att de definieras som värdepappersbolag. Konsekvenserna för dessa olika kategorier av företag behandlas nedan.</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">233</P>
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<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">234</P>
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<P class="p878 ft3">Vissa värdepappersföretag ska tillämpa bestämmelserna i tillsynsförordningen</P>
<P class="p879 ft31">Vissa värdepappersföretag ska enligt värdepappersbolagsförordningen tillämpa tillsynsförordningen och de tillsynskrav som följer av avdel- ningarna VII och VIII i kapitaltäckningsdirektivet (artikel 1.2 i värde- pappersbolagsförordningen). Det gäller dels värdepappersföretag som har tillgångar som uppgår till minst 15 miljarder euro, dels, förenklat uttryckt, värdepappersföretag med tillgångar som uppgår till minst 5 miljarder euro och som har en sådan roll i det finansiella systemet att den behöriga myndigheten gör bedömningen att tillsynsförordningen och kapitaltäcknings- direktivet bör tillämpas på företaget. Det finns i nuläget inte några svenska värdepappersbolag som har tillgångar som uppgår till minst 15 miljar- der euro. Det går inte heller att förutse att det i dag i Sverige skulle finnas sådana värdepappersbolag som Finansinspektionen skulle anse system- viktiga. Enligt värdepappersbolagsförordningen kan värdepappersföretag som ingår i en grupp få tillstånd att även fortsättningsvis tillämpa tillsyns- förordningen (artikel 1.5 i värdepappersbolagsförordningen). Finansinspek- tionen har gjort bedömningen att det i Sverige i dag inte finns några värde- pappersbolag som skulle uppfylla de kriterierna. I nuläget finns det således i Sverige inte något värdepappersbolag som med stöd av värdepappers- bolagsförordningen i stället ska tillämpa tillsynsförordningen.</P>
<P class="p880 ft2">Regeringen föreslår i likhet med utredningen att värdepappersbolag som har tillstånd till att ta emot kunders medel på konto och lämna kunder kredit ska tillämpa tillsynsförordningen och de bestämmelser i tillsyns- lagen som gäller för kreditinstitut. I december 2020 fanns det fyra värde- pappersbolag som har dessa tillstånd. Om bolagen väljer att behålla dessa tillstånd, ska de alltså även i fortsättningen tillämpa tillsynsförordningen och de bestämmelser i tillsynslagen som hittills gällt för både kreditinstitut och värdepappersbolag.</P>
<P class="p724 ft2">Om man utgår från det antal värdepappersbolag som finns i dag blir slut- satsen av det anförda att ca 90 värdepappersbolag kommer att tillämpa i vart fall delar av det nya regelverket om kapitaltäckning för värdepappers- bolag. För ungefär hälften av dessa innebär det att värdepappersbolags- förordningen och de bestämmelser som i svensk rätt genomför värdepappers- bolagsdirektivet ska tillämpas i stället för motsvarande regler enligt tillsynsförordningen och kapitaltäckningsdirektivet. För den andra hälften av bolagen, dvs. de som i dag är undantagna från hela eller stora delar av kapitaltäckningsregelverket, innebär det att de på nytt kommer att tillämpa regelverket, dock med ett delvis annat innehåll.</P>
<P class="p569 ft3">Undantag för små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag</P>
<P class="p675 ft31">Företag som anses tillhöra kategorin små och <NOBR>icke-sammanlänkade</NOBR> värde- pappersföretag (artikel 12.1 i värdepappersbolagsförordningen) är undantag- na från tillämpningsområdet av vissa delar av värdepappersbolagsförord- ningen och värdepappersbolagsdirektivet. Sådana värdepappersföretag behöver t.ex. inte beräkna det s.k. <NOBR>K-faktorkravet</NOBR> (artikel 15 i värdepappers- bolagsförordningen) för att fastställa vilket kapitalbaskrav som ska gälla för företaget. Dessa företag behöver inte heller tillämpa reglerna i värde- pappersbolagsdirektivet om intern styrning, insyn, riskhantering och ersättning. Den behöriga myndigheten behöver inte utöva tillsyn över små</P>
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<P class="p114 ft2">och <NOBR>icke-sammanlänkade</NOBR> företag behöver inte i samma utsträckning som beträffande övriga företag.</P>
<P class="p103 ft2">För att klassificeras som ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappers- bolag ska bolaget uppfylla ett antal kriterier när det gäller bl.a. omfatt- ningen av förvaltade tillgångar och hantering av kundorder. Dessa poster omfattas inte av värdepappersbolagens rapporteringsskyldighet till Finans- inspektionen. Inspektionen har därmed inte tillgängliga uppgifter för att beräkna hur många värdepappersbolag som i dag skulle ha klassificerats som små och <NOBR>icke-sammanlänkade.</NOBR> Finansinspektionen har dock på eget initiativ i november 2019 genomfört en uppgiftsinsamling som riktat sig till värdepappersbolag med vissa tillstånd. Syftet med insamlingen var att få en preliminär uppfattning om hur många av bolagen som skulle hamna i den kategori som benämns som <SPAN class="ft3">kategori 3</SPAN>, dvs. små och <NOBR>icke-samman-</NOBR> länkade värdepappersbolag, respektive i <SPAN class="ft3">kategori 2</SPAN>, dvs. övriga värde- pappersbolag som ska tillämpa det nya regelverket om kapitaltäckning för värdepappersbolag. Insamlingen, som grundar sig på bolagens egna själv- skattningar, indikerar enligt Finansinspektionen att majoriteten av värde- pappersbolagen kommer att hamna i kategori 2 och en mindre andel i kategori 3.</P>
<P class="p881 ft3">Värdepappersbolag med tillstånd att ta emot kunders medel på konto och lämna kunder kredit</P>
<P class="p882 ft2">I propositionen görs bedömningen att möjligheten för värdepappersbolag att ha tillstånd att ta emot kunders medel på konto för att underlätta värdepappersrörelsen bör finnas enligt svensk rätt även i fortsättningen. Sådant tillstånd får ges bara tillsammans med tillstånd att lämna kunder kredit för att kunden genom värdepappersbolaget, ska kunna genomföra en transaktion i ett eller flera finansiella institut (avsnitt 7.3). Enligt de värdepappersbolag med sådana tillstånd som utredningen har haft kontakt med (se SOU 2020:12 s. 149) innebär möjligheten att ta emot medel på konto och lämna kunder kredit att deras verksamhet i fråga om handel med värdepapper över depå kan konkurrera med bankernas motsvarande verk- samhet. Om tillståndskombinationen inte längre skulle vara möjlig, skulle hanteringen och finansieringen fördyras, vilket i sin tur skulle riskera att försämra konkurrensen i detta marknadssegment. Det skulle också kunna få till följd att värdepappersbolag med sådant tillstånd i stället ansöker om till- stånd som bank. En omställning till bank är en komplicerad process som tar relativt lång tid och medför betydande kostnader för juridisk rådgivning och för avgift till Finansinspektionen för prövning av ansökan. Vidare skulle det krävas omfattande och kostsamma systemanpassningar inom själva kreditprocessen.</P>
<P class="p883 ft3">Det nya regelverkets konsekvenser för företagen</P>
<P class="p635 ft2">Syftet med det nya regelverket är att värdepappersföretagens särskilda sår- barheter och risker ska hanteras genom effektiva, lämpliga och pro- portionerliga tillsynsbestämmelser. Reglerna ska bidra till att skapa lika villkor i hela unionen samtidigt som kostnaderna för att följa regelverket hålls under kontroll (se skäl 2 i värdepappersbolagsdirektivet). Överlag bör det nya regelverket således ha positiva konsekvenser för värdepappers- bolagen.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">235</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_236">
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr2 td26"><P class="p107 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td103"><P class="p16 ft2">I samband med omställningen till det nya regelverket kommer det att</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">uppstå vissa initiala kostnader för värdepappersbolagen, bl.a. för utbild-</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">ning. Utredningen anför att det är svårt att beräkna eller uppskatta dessa</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">kostnader bl.a. eftersom det kommer att finnas stora variationer mellan</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft2">bolagen när det gäller hur mycket resurser som kommer att behöva läggas</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">på utbildning, bl.a. beroende på bolagets storlek och i vilken utsträckning</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">bolaget i dag tillämpar och framöver ska tillämpa kapitaltäcknings-</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft31">regelverket. För att ge en rättvisande bild skulle det enligt utredningen vara</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p29 ft2">nödvändigt att särskilja de kostnader för utbildning som är föranledda av</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">de bestämmelser som finns värdepappersbolagsförordningen från de</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft2">kostnader för utbildning i fråga om bestämmelser som utredningen före-</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft31">slår. Utredningen anser att detta svårligen låter sig göras och nöjer sig därför</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft31">med att konstatera att det i varierande utsträckning kommer att uppstå vissa</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft31">kostnader för värdepappersbolagen när det gäller utbildning. För att kunna</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft31">uppfylla de krav som följer av det nya regelverket kan det enligt utredningen</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">bli aktuellt för värdepappersbolagen att antingen skapa nya system och</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p29 ft2">processer eller göra förändringar i befintliga sådana, vilket kan medföra</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">vissa kostnader för programvaror, nya <NOBR>it-system</NOBR> och konsulttjänster.</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft31">Utredningen anser att de svårigheter som redovisas ovan när det gäller att</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">göra beräkningar eller uppskattningar i synnerhet gör sig gällande här.</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft31"><SPAN class="ft21">Regelrådet </SPAN>efterlyser en tydligare beskrivning av de förväntade kostnaderna</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft31">och tidsåtgången för de företag som berörs av det nya regelverket. Regelrådet</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft2">anför vidare att det inte framgår i vilken mån det har gjorts någon form av</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">beräkningar av dessa konsekvenser av kommissionen i samband med att</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft31">förslaget togs fram och vad en sådan analys i sådana fall visade. Regelrådet</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft31">anser att det inte är klart om några försök har gjorts att få information från de</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">berörda företagen vad det normalt sett brukar kosta för dem att genomföra</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft31">internutbildningar eller större investeringar i <NOBR>it-system.</NOBR> För det fall att det inte</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft31">skulle vara möjligt att skilja de kostnader som föranleds av lagförslagen från</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft31">dem som föranleds av värdepappersbolagsförordningen, anser Regelrådet att</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft31">det i vart fall vore önskvärt med en uppskattning av de förväntade totala kost-</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">naderna för företagen.</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">Regeringen konstaterar inledningsvis att kommissionen i detta fall inte har</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">gjort någon egen konsekvensanalys. I stället är kommissionens förslag</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft2">(förslag till Europaparlamentets och rådets förordning om tillsynskrav för</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">värdepappersföretag och om ändring av förordningarna (EU) nr 575/2013,</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">(EU) nr 600/2014 och (EU) nr 1093/2010, COM(2017) 790 final) och det</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft31">regelverk som antagits baserat på rapporter och yttranden från Europeiska</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">bankmyndigheten (Eba) och Europeiska värdepappers- och marknads-</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">myndigheten (Esma), inom vilka konsekvensanalys och remissomgång</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft2">har ingått. Således vilar kommissionens bedömning om konsekvenser bl.a.</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">på Ebas och Esmas bedömningar. Enligt kommissionens bedömning för-</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">väntas små och medelstora värdepappersföretag vara bland dem som</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p29 ft2">gynnas mest. En förenkling av det tungrodda rapporteringssystemet bör</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">t.ex. minska sådana företags kostnader för administration och regelefter-</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">levnad och även kostnaderna för innovativa företag som vill expandera</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft2">genom digitala metoder. Vissa engångskostnader i samband med över-</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft31">gången till den nya ordningen är att vänta eftersom företagen måste se över</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">sina riskhanteringssystem, uppdatera sina funktioner för regelefterlevnad</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft2">och revidera avtal med advokatbyråer och andra tjänsteleverantörer som</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p113 ft2">236</P></TD>
<TD class="tr4 td103"><P class="p16 ft2">de i dag anlitar för att underlätta regelefterlevnad. Sänkningen av kost-</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_237">
<DIV>
<DIV id="id_1">
<P class="p595 ft2">naderna för regelefterlevnad bör emellertid främja de övergripande målen med kapitalmarknadsunionen genom att göra det lättare för värde- pappersföretag att fylla sin funktion och mobilisera sparmedel från investerare till produktiva ändamål. Några konkreta kostnadsuppskatt- ningar har dock kommissionen inte gjort.</P>
<P class="p192 ft31">Regeringen instämmer i det som utredningen anför om tidsåtgång och kostnader för företagen och svårigheterna med att beräkna dessa (se ovan). Kostnader och tidsåtgång kan också i hög grad förväntas vara beroende av hur de enskilda företagen organiserar sin verksamhet och i vilken mån de anlitar extern kompetens för att anpassa sin verksamhet till det nya regelverket. I likhet med utredningen anser regeringen det inte är meningsfullt att be om att få in uppskattningar av den förväntade tidsåtgången från branschen efter- som nyttan av dessa uppgifter framstår som marginell. Som utredningen konstaterar kommer det dock att i varierande utsträckning uppstå vissa kostnader för värdepappersbolagen när det gäller utbildning. Regeringen bedömer att det kan antas att det framför allt rör sig om ökade kostnader i ett initialt skede, medan kostnaderna över tid kan förväntas sänkas som en följd av att det nu införs ett regelverk som är mer anpassat efter värde- pappersbolagens verksamhet.</P>
<P class="p884 ft31">När det gäller kraven på startkapital för värdepappersbolag sker såväl höjningar som sänkningar. För värdepappersbolag som har tillstånd att driva en <NOBR>MTF-plattform,</NOBR> men inte för handel för egen räkning eller garanti- givning, kommer kravet på startkapital att sänkas markant, från 730 000 euro till 150 000 euro. En viss sänkning, från 125 000 euro till 75 000 euro, kommer att ske för de värdepappersbolag som enbart ska driva verksamhet bestående i utförande av order på kunders uppdrag, portföljförvaltning eller placering av finansiella instrument utan fast åtagande, och som inte kommer att inneha kunders medel eller värde- papper. Kravet på startkapital för värdepappersbolag som har tillstånd att ta emot medel på konto och för kreditgivning kommer att oförändrat uppgå till fem miljoner euro. Konsekvensen för övriga värdepappersbolag är att det sker relativt begränsade höjningar i fråga om nivåerna för kraven på startkapital. Den möjlighet som i dag gäller för vissa värdepappersbolag att som ett alternativ till startkapital ha en ansvarsförsäkring tas bort.</P>
<P class="p884 ft31">En av utgångspunkterna är att det nya regelverket ska göras mer pro- portionerligt. Som exempel på detta kan nämnas att små och <NOBR>icke-samman-</NOBR> länkade värdepappersbolag undantas från vissa krav i fråga om bolags- styrning och riskhantering. Detsamma gäller i fråga om reglerna om ersättning. Detta kan bidra till att skapa bättre arbetsförutsättningar för mindre bolag. Det ska dock noteras att bolagen fortsatt ska tillämpa de regler som följer av MiFID II. De värdepappersbolag för vilka kapitaltäck- ningsregelverkets bestämmelser i och för sig ska gälla, ska även fortsätt- ningsvis ha ersättningssystem som främjar en sund och effektiv riskhante- ring och ska naturligtvis också fortsatt följa de bestämmelser som i svensk rätt genomför MiFID II. Vissa värdepappersbolag respektive anställda undantas från reglerna om krav på utbetalning i aktier eller liknande av del av den rörliga ersättningen och om krav på uppskjutande av utbetalning av rörlig ersättning. Finansinspektionen ska genom att meddela föreskrifter respektive beslut i det enskilda fallet få besluta att fler respektive färre ska omfattas av detta regelverk. Detta skapar utrymme för ett flexiblare regelverk, där större hänsyn kan tas till den enskilda arbetstagarens inverkan</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">237</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_238">
<P class="p497 ft2">Prop. 2020/21:173 på bolagets riskprofil eller de tillgångar som bolaget förvaltar. Förslagen får inverkningar även för enskilda anställda i värdepappersbolag, såtillvida att lönerna kan bli mer anpassade till bolagets resultat. Detta gäller även när det i propositionen, till skillnad mot vad utredningen föreslår, föreslås att maximikvoten när det gäller förhållandet mellan fast och rörlig ersättning i fråga om vissa anställda ska behållas. Värdepappersbolagen bedöms ändå ha tillräckliga möjligheter att ge rörlig ersättning.</P>
<P class="p562 ft2"><SPAN class="ft3">Regelrådet </SPAN>anför att den beskrivning som finns av påverkan på företagen får anses vara översiktlig och att det finns vissa brister i tydlighet och det inte på förhand kan uteslutas att påverkan på företagen i andra avseenden kan finnas. Regeringen bedömer dock att företagen inte påverkas på annat sätt i något nämnvärt avseende.</P>
<P class="p561 ft3">Konsekvenser för konkurrensförhållandena</P>
<P class="p559 ft2">Förslagen i denna proposition bedöms inte få några nämnvärda konsekvenser för konkurrensförhållandena för de företag som är verk- samma på värdepappersmarknaden.</P>
<P class="p661 ft3">Konsekvenser för kunder till berörda företag</P>
<P class="p559 ft2">När det gäller kunder till de företag som berörs av förslagen gör regeringen bedömningen att förslagen inte får några nämnvärda konsekvenser. På sikt kan effekterna av den nya regleringen dock förväntas få positiva effekter genom att värdepappersbolag får ett regelverk som är bättre anpassat till deras verksamhet, vilket bl.a. kan leda till lägre kostnader för administration.</P>
<P class="p561 ft3">Konsekvenser för staten</P>
<P class="p662 ft2">Förslagen i propositionen bedöms få konsekvenser för staten, primärt genom påverkan på Finansinspektionens verksamhet i egenskap av behörig myndighet.</P>
<P class="p477 ft2">Utöver den sedvanliga information om nya regelverk som Finansinspek- tionen tillhandahåller bedöms förslagen inte medföra behov av några särskilda informationsinsatser från samhällets sida.</P>
<P class="p661 ft3">Konsekvenser för Finansinspektionen</P>
<P class="p664 ft2">Finansinspektionen är behörig myndighet enligt tillsynsförordningen. Enligt regeringens förslag ska Finansinspektionen vara behörig myndighet även enligt värdepappersbolagsförordningen. Det innebär att Finansinspek- tionen kommer att ansvara för tillsynen över att värdepappersbolags- förordningen och de bestämmelser som i svensk rätt genomför värde- pappersbolagsdirektivet följs. Liksom i dag ska Finansinspektionen också besluta om ingripande vid en regelöverträdelse. Förslagen påverkar inte Finansinspektionens tillsynsansvar. Däremot kommer tillsynen över värde- pappersbolagen att ske i förhållande till det nya regelverket, vilket har ett delvis annat innehåll.</P>
<P class="p810 ft2">Finansinspektionen kommer att behöva anpassa sin tillsynsverksamhet med anledning av det nya regelverket. Vidare kommer genomförandet av regelverket att ge upphov till ett visst initialt resursbehov i fråga om arbete</P>
<P class="p540 ft66">med nya föreskrifter och informationsinsatser samt framtagandet av pro-</P>
<P class="p14 ft2">238</P>
</DIV>
<DIV id="page_239">
<DIV>
<DIV id="id_1">
<P class="p598 ft2">cesser och metoddokument. Det kan nämnas att värdepappersbolagsför- ordningen ställer krav på samtliga värdepappersbolag att periodiskt, till Finansinspektionens rapporteringsportal, ge in en kapitaltäckningsrapport. Även Finansinspektionens interna arbete och resurser påverkas av detta. Inspektionen måste ha system, rutiner och kontrollfunktioner för att hantera och analysera inrapporterade data.</P>
<P class="p602 ft2">Finansinspektionens arbete med ansöknings- och anmälningsärenden finansieras genom avgifter som disponeras av inspektionen och som tas ut från dem som ansöker om tillstånd eller gör en anmälan. Avgifterna regleras i förordningen (2001:911) om avgifter för prövning av ärenden hos Finansinspektionen. Förslagen i propositionen medför att Finans- inspektionen kommer att behöva pröva ansökningar och ta emot anmäl- ningar, för vilka inspektionen behöver ta ut en avgift för att finansiera den verksamheten. För att Finansinspektionen ska kunna göra det krävs ändringar i förordningen om avgifter för prövning av ärenden hos Finans- inspektionen. Förslag till ändringar i förordningen kommer att redovisas i kommande avgiftsrapporter som Finansinspektionen lämnar till regeringen.</P>
<P class="p600 ft2">Finansinspektionens övriga verksamhet finansieras via anslag i statens budget. Huvuddelen av de kostnaderna, bl.a. kostnaderna för arbetet med regelgivning och tillsyn, täcks genom avgifter som Finansinspektionen tar ut enligt förordningen (2007:1135) om årliga avgifter för finansiering av Finansinspektionens verksamhet. De avgifterna ska uppgå till ett belopp som motsvarar kostnaden för den verksamhet som ska finansieras. Inspektionen redovisar de avgiftsintäkterna mot inkomsttitel på statens budget. Regeringen bedömer att förslagen i propositionen inte kommer att föranleda några väsentliga ändringar av de årliga avgifterna.</P>
<P class="p597 ft31"><SPAN class="ft21">Sveriges advokatsamfund </SPAN>betonar vikten av att Finansinspektionen har förmåga att hantera de alltmer komplexa regelverken på finansmarknads- området och anser att inspektionen därför behöver tillföras ytterligare resurser för att den ska kunna attrahera tillräckligt kompetent personal och också behålla den över tid. Regeringen delar Advokatsamfundets upp- fattning att regelverken är komplexa och att det är viktigt att inspektionen har förmåga att hantera dem. Regeringen bedömer dock att Finansinspek- tionen har en hög utbildnings- och kompetensnivå hos medarbetarna. Mot denna bakgrund anser regeringen att Finansinspektionen har förmåga och tillräckliga resurser för att hantera regelverken på finansmarknadsområdet och att attrahera kompetent personal, och det finns därför inte behov av att tillföra ytterligare resurser av de skäl som Advokatsamfundet anför.</P>
<P class="p600 ft2"><SPAN class="ft3">Finansinspektionen </SPAN>anser att utredningens bedömning att de merkost- nader som förslagen kan medföra för Finansinspektionen huvudsakligen bör rymmas inom befintliga ramar och hanteras genom omprioriteringar av befintliga resurser bygger på en underskattning av kostnaderna. Även om det finns likheter mellan de nya regler som föreslås och de regler som redan finns för banker och vissa värdepappersbolag så finns det enligt myndigheten betydande skillnader på detaljnivå. Enligt Finansinspek- tionen kommer de nya reglerna med stor sannolikhet att innebära en ökning av myndighetens arbetsuppgifter som inte är marginell, framför allt i fråga om tillsynen, bl.a. eftersom de nya reglerna innebär nya och om- fattande beräkningar av kapitalbaskravet samt nya och utökade rapporterings- och tillsynsskyldigheter. Dessutom framhåller myndig-</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">239</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_240">
<P class="p497 ft2">Prop. 2020/21:173 heten att den förlorar den internt kompetensmässiga stordriftsfördelen av att både kreditinstitut och värdepappersbolag i dag omfattas av samma regelverk samt att det inte bara är fråga om engångsinsatser utan kommer att kräva resurser över tid.</P>
<P class="p498 ft2">Regeringen instämmer i utredningens bedömning att det kommer att uppkomma merkostnader för Finansinspektionen med anledning av förslagen. Eftersom många värdepappersbolag kommer att tillämpa det nya regelverket kan det antas att det där kan uppkomma nya stordrifts- fördelar samtidigt som små och <NOBR>icke-sammanlänkade</NOBR> värdepappersbolag inte omfattas av många av kraven. Dessutom kommer antalet värde- pappersbolag som Finansinspektionen ska utöva tillsyn över att de följer tillsynsförordningen och de bestämmelser som genomför kapitaltäck- ningsdirektivet att minska. Regeringen anser i likhet med utredningen att merkostnaderna för Finansinspektionen bör hanteras genom ompriorite- ringar av befintliga resurser. Merkostnaderna för Finansinspektionen med anledning av förslagen ska därför hanteras inom befintliga budgetramar.</P>
<P class="p663 ft3">Konsekvenser för domstolarna</P>
<P class="p559 ft2">Förslagen i propositionen innebär att Finansinspektionen ska fatta vissa beslut. De besluten avser bl.a. stora värdepappersbolag. Eftersom det för närvarande inte finns sådana värdepappersbolag i Sverige bedöms det inte sannolikt att det kommer att bli aktuellt för Finansinspektionen att fatta några sådana beslut i vart fall under de närmaste åren. I fråga om övriga beslut som Finansinspektionen ska fatta med anledning av förslagen bedöms dessa till sin natur vara sådana att överklaganden torde förekomma tämligen sällan. Förslagen bedöms därför inte medföra någon märkbar ökning av antalet mål hos de allmänna förvaltningsdomstolarna. De eventuella merkostnader som kan uppstå för de allmänna förvaltnings- domstolarna med anledning av förslagen ska hanteras inom befintliga bud- getramar.</P>
<P class="p663 ft3">Övriga konsekvenser</P>
<P class="p662 ft2">I betänkandet analyserar utredningen i enlighet med 15 § kommittéför- ordningen (1998:1474) om förslagen har betydelse för den kommunala självstyrelsen. Utredningen överväger även om förslagen har betydelse för brottsligheten och det brottsförebyggande arbetet, för sysselsättning och offentlig service i olika delar av landet, för små företags arbetsförutsätt- ningar, konkurrensförmåga eller villkor i övrigt i förhållande till större företag, för jämställdheten mellan kvinnor och män eller för möjligheterna att nå de integrationspolitiska målen.</P>
<P class="p498 ft2">Som utredningen konstaterar är en nyhet i förhållande till kapitaltäck- ningsdirektivet att det i värdepappersbolagsdirektivet (artikel 30.1 b) före- skrivs att ersättningspolicyn ska vara könsneutral. Regeringen bedömer även i likhet med utredningen att förslagen inte har betydelse för den kommunala självstyrelsen eller de andra omständigheter som nämns i 15 § kommittéförordningen.</P>
<P class="p885 ft2">240</P>
</DIV>
<DIV id="page_241">
<TABLE cellpadding=0 cellspacing=0 class="t113">
<TR>
<TD rowspan=2 class="tr11 td125"><P class="p443 ft1">17</P></TD>
<TD rowspan=2 class="tr11 td344"><P class="p358 ft1">Författningskommentar</P></TD>
<TD class="tr2 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr12 td49"><P class="p18 ft14"> </P></TD>
</TR>
</TABLE>
<P class="p886 ft18"><SPAN class="ft76">17.1</SPAN><SPAN class="ft92">Förslaget till lag om ändring i lagen (2007:528) om värdepappersmarknaden</SPAN></P>
<P class="p862 ft22">1 kap. Allmänna bestämmelser</P>
<P class="p671 ft70"><SPAN class="ft114">4 a § </SPAN>I denna lag betyder</P>
<P class="p94 ft67">direktivet om marknader för finansiella instrument<SPAN class="ft70">: Europaparlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument och om ändring av direktiv 2002/92/EG och av direktiv 2011/61/EU, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) </SPAN>2019/2034<SPAN class="ft70">,</SPAN></P>
<P class="p92 ft70"><SPAN class="ft67">kapitaltäckningsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om upphävande av <SPAN class="ft67">direktiven </SPAN>2006/48/EG och 2006/49/EG, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) <SPAN class="ft67">2019/2034</SPAN>,</P>
<P class="p89 ft70"><SPAN class="ft67">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i den ursprungliga lydelsen,</P>
<P class="p698 ft70"><SPAN class="ft67">marknadsmissbruksförordningen</SPAN>: Europaparlamentets och rådets förordning (EU) nr 596/2014 av den 16 april 2014 om marknadsmissbruk (marknadsmissbruks- förordning) och om upphävande av Europaparlamentets och rådets direktiv 2003/6/EG och kommissionens direktiv 2003/124/EG, 2003/125/EG och 2004/72/EG,</P>
<TABLE cellpadding=0 cellspacing=0 class="t114">
<TR>
<TD class="tr5 td43"><P class="p39 ft31"><SPAN class="ft21">prospektförordningen</SPAN>: Europaparlamentets och rådets</P></TD>
<TD class="tr5 td65"><P class="p16 ft31">förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td103"><P class="p16 ft31">2017/1129 av den 14 juli 2017 om prospekt som ska offentliggöras när värde-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td103"><P class="p16 ft70">papper erbjuds till allmänheten eller tas upp till handel på en reglerad marknad,</P></TD>
</TR>
<TR>
<TD class="tr4 td43"><P class="p18 ft31">och om upphävande av direktiv 2003/71/EG,</P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td43"><P class="p39 ft31"><SPAN class="ft21">tillsynsförordningen</SPAN>: Europaparlamentets och rådets</P></TD>
<TD class="tr4 td65"><P class="p16 ft31">förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td103"><P class="p16 ft31">nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring</P></TD>
</TR>
</TABLE>
<P class="p102 ft31">av förordning (EU) nr 648/2012,</P>
<TABLE cellpadding=0 cellspacing=0 class="t115">
<TR>
<TD class="tr9 td316"><P class="p39 ft115">värdepappersbolagsdirektivet: Europaparlamentets och rådets direktiv (EU)</P></TD>
<TD class="tr9 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr14 td316"><P class="p18 ft67">2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om</P></TD>
<TD class="tr14 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft21">ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU,</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft21">2014/59/EU och 2014/65/EU, i den ursprungliga lydelsen,</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr14 td316"><P class="p39 ft67">värdepappersbolagsförordningen: Europaparlamentets och rådets förordning</P></TD>
<TD class="tr14 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft21">(EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappers-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft21">företag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013,</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr14 td316"><P class="p18 ft67">(EU) nr 600/2014 och (EU) nr 806/2014,</P></TD>
<TD class="tr14 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p39 ft31"><SPAN class="ft21">öppenhetsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2004/109/EG av den</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft31">15 december 2004 om harmonisering av insynskraven angående upplysningar om</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr14 td316"><P class="p18 ft70">emittenter vars värdepapper är upptagna till handel på en reglerad marknad och om</P></TD>
<TD class="tr14 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft31">ändring av direktiv 2001/34/EG, i lydelsen enligt Europaparlamentets och rådets</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft31">direktiv 2013/50/EU.</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td316"><P class="p18 ft2">I paragrafen finns benämningar för vissa <NOBR>EU-rättsakter.</NOBR> Övervägandena</P></TD>
<TD class="tr18 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">finns i avsnitten 6.3, 6.4 och 14.5.1. Paragrafen är utformad i enlighet med</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr16 td316"><P class="p18 ft3">Lagrådets <SPAN class="ft2">förslag.</SPAN></P></TD>
<TD class="tr16 td80"><P class="p16 ft2">241</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_242">
<P class="p497 ft2">Prop. 2020/21:173 I fråga om tillsynsförordningen görs en följdändring med anledning av att rättsaktens titel har ändrats genom värdepappersbolagsförordningen (artikel 62.1) på så sätt att ”och värdepappersföretag” har tagits bort.</P>
<P class="p498 ft2">Det införs en benämning för värdepappersbolagsförordningen. Hän- visningar till den förordningen införs i bl.a. 3 kap. 6 § och 25 kap. 1 d §. Det införs även en benämning för värdepappersbolagsdirektivet. Hänvis- ningar till det direktivet införs i 8 a kap. 9 § och 8 b kap. 4 §.</P>
<P class="p477 ft2">Hänvisningarna till tillsynsförordningen och värdepappersbolagsförord- ningen är dynamiska. Hänvisningen till värdepappersbolagsdirektivet är statisk.</P>
<P class="p887 ft31"><SPAN class="ft35">4 b § </SPAN>I denna lag betyder</P>
<P class="p490 ft70"><SPAN class="ft67">anknutet ombud</SPAN>: en fysisk eller juridisk person som har träffat avtal med ett svenskt värdepappersinstitut eller ett utländskt värdepappersföretag som hör hemma inom EES om att för bara detta instituts eller företags räkning</P>
<P class="p505 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft47">marknadsföra investerings- eller sidotjänster,</SPAN></P>
<P class="p476 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">ta emot eller vidarebefordra instruktioner eller order avseende investeringstjänster eller finansiella instrument,</SPAN></P>
<P class="p474 ft31"><SPAN class="ft31">3.</SPAN><SPAN class="ft47">placera finansiella instrument, eller</SPAN></P>
<P class="p888 ft70"><SPAN class="ft70">4.</SPAN><SPAN class="ft116">tillhandahålla investeringsrådgivning avseende dessa instrument eller tjänster, </SPAN><SPAN class="ft67">behörig myndighet</SPAN>: i Sverige Finansinspektionen och i särskilt angivna fall</P>
<P class="p541 ft70">Bolagsverket och i övrigt en utländsk myndighet som har behörighet att utöva tillsyn över utländska värdepappersföretag och företag som driver en reglerad marknad eller annan motsvarande marknad eller som har behörighet att utöva tillsyn över emittenter vars överlåtbara värdepapper är upptagna till handel på en reglerad marknad,</P>
<P class="p570 ft31"><SPAN class="ft21">börs</SPAN>: ett svenskt aktiebolag eller en svensk ekonomisk förening som har fått tillstånd enligt denna lag att driva en eller flera reglerade marknader,</P>
<P class="p490 ft70"><SPAN class="ft67">clearingdeltagare</SPAN>: den som får delta i clearingverksamheten hos en clearing- organisation,</P>
<P class="p477 ft31"><SPAN class="ft21">clearingorganisation</SPAN>: ett företag som har fått tillstånd enligt 19 kap. eller Europaparlamentets och rådets förordning (EU) nr 648/2012,</P>
<P class="p490 ft70"><SPAN class="ft67">emittent</SPAN>: i fråga om aktier aktiebolaget och i fråga om annat finansiellt instrument utgivaren eller utfärdaren av instrumentet,</P>
<P class="p490 ft67">godkänd rapporteringsmekanism <NOBR>(ARM-leverantör)<SPAN class="ft70">:</SPAN></NOBR><SPAN class="ft70"> en fysisk eller juridisk person som har tillstånd att för värdepappersinstituts räkning rapportera uppgifter om transaktioner till behöriga myndigheter eller Europeiska värdepappers- och marknadsmyndigheten,</SPAN></P>
<P class="p498 ft67">godkänt publiceringsarrangemang <NOBR>(APA-leverantör)<SPAN class="ft70">:</SPAN></NOBR><SPAN class="ft70"> en fysisk eller juridisk person som har tillstånd att för värdepappersinstituts räkning publicera rapporter om värdepappershandeln enligt artiklarna 20 och 21 i förordningen om marknader för finansiella instrument,</SPAN></P>
<P class="p570 ft31"><SPAN class="ft21">handelsplats</SPAN>: en reglerad marknad, en multilateral handelsplattform (MTF- plattform) eller en organiserad handelsplattform <NOBR>(OTF-plattform),</NOBR></P>
<P class="p479 ft70"><SPAN class="ft67">handelsplattform</SPAN>: en <NOBR>MTF-plattform</NOBR> eller en <NOBR>OTF-plattform,</NOBR></P>
<P class="p490 ft31"><SPAN class="ft21">kreditinstitut</SPAN>: en bank, ett kreditmarknadsföretag eller ett utländskt bank- eller kreditföretag som driver bank- eller finansieringsrörelse från filial i Sverige,</P>
<P class="p490 ft21">leverantör av datarapporteringstjänster<SPAN class="ft31">: en godkänd rapporteringsmekanism </SPAN><NOBR><SPAN class="ft31">(ARM-leverantör),</SPAN></NOBR><SPAN class="ft31"> ett godkänt publiceringsarrangemang </SPAN><NOBR><SPAN class="ft31">(APA-leverantör)</SPAN></NOBR><SPAN class="ft31"> eller en tillhandahållare av konsoliderad handelsinformation </SPAN><NOBR><SPAN class="ft31">(CTP-leverantör),</SPAN></NOBR></P>
<P class="p889 ft2">242</P>
</DIV>
<DIV id="page_243">
<DIV>
<DIV id="id_1">
<P class="p103 ft21">litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag: ett värdepappersbolag som anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersföretag enligt artikel 12.1 i värdepappersbolagsförordningen,</P>
<P class="p446 ft70"><SPAN class="ft67">marknadsgarant</SPAN>: en person som på fortlöpande basis åtagit sig att på finansiella marknader handla för egen räkning genom att köpa och sälja finansiella instrument med utnyttjande av egna tillgångar till priser som fastställts av denne,</P>
<P class="p105 ft31"><SPAN class="ft21">marknadsoperatör</SPAN>: en börs eller en eller flera juridiska personer i ett annat land inom EES som driver en eller flera reglerade marknader,</P>
<P class="p446 ft70"><NOBR><SPAN class="ft67">MTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som sammanför flera tredje- parters köp- och säljintressen i finansiella instrument – inom systemet och i enlighet med icke skönsmässiga regler – så att det leder till ett kontrakt,</P>
<P class="p105 ft70"><NOBR><SPAN class="ft67">OTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som inte är en reglerad marknad eller en <NOBR>MTF-plattform,</NOBR> och inom vilket flera tredjeparters köp- och säljintressen i obligationer, strukturerade finansiella produkter, utsläppsrätter eller derivat kan interagera inom systemet så att det leder till ett kontrakt,</P>
<P class="p890 ft31"><SPAN class="ft21">professionell kund</SPAN>: en sådan kund som avses i 9 kap. 4 eller 5 §,</P>
<P class="p446 ft70"><SPAN class="ft67">reglerad marknad</SPAN>: ett multilateralt system inom EES som sammanför eller möjliggör sammanförande av ett flertal köp- och säljintressen i finansiella instrument från tredjepart – regelmässigt, inom systemet och i enlighet med icke skönsmässiga regler – så att det leder till ett kontrakt,</P>
<P class="p890 ft31"><SPAN class="ft21">statlig emittent</SPAN>: någon av följande som emitterar skuldinstrument:</P>
<P class="p65 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft117">Europeiska unionen,</SPAN></P>
<P class="p109 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">en stat inom EES, inbegripet förvaltningar, organ eller en särskild funktion i staten,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft117">när det gäller en federal stat inom EES, en delstat i federationen,</SPAN></P>
<P class="p65 ft31"><SPAN class="ft31">4.</SPAN><SPAN class="ft34">en särskild funktion för flera stater inom EES,</SPAN></P>
<P class="p103 ft70"><SPAN class="ft70">5.</SPAN><SPAN class="ft116">en internationell finansinstitution som etablerats av minst två stater inom EES och vars mål är att ordna finansiering och tillhandahålla finansiellt bistånd till de stater som har eller riskerar att få allvarliga finansieringsproblem, och</SPAN></P>
<P class="p132 ft31"><SPAN class="ft31">6.</SPAN><SPAN class="ft34">Europeiska investeringsbanken,</SPAN></P>
<P class="p103 ft70"><SPAN class="ft67">systematisk internhandlare</SPAN>: ett värdepappersinstitut som i en organiserad, frekvent, systematisk och väsentlig omfattning handlar för egen räkning när det utför kundorder utanför en reglerad marknad eller en handelsplattform utan att utnyttja ett multilateralt system,</P>
<P class="p103 ft67">tillhandahållare av konsoliderad handelsinformation <NOBR>(CTP-leverantör)<SPAN class="ft70">:</SPAN></NOBR><SPAN class="ft70"> en fysisk eller juridisk person som har tillstånd för att samla in rapporter om handeln med de finansiella instrument som anges i artiklarna 6, 7, 10, 12, 13, 20 och 21 i förordningen om marknader för finansiella instrument från handelsplatser och från en eller flera </SPAN><NOBR><SPAN class="ft70">APA-leverantörer</SPAN></NOBR><SPAN class="ft70"> samt konsolidera rapporterna till ett kontinuerligt elektroniskt informationsflöde med uppgifter om priser och volymer per finansiellt instrument,</SPAN></P>
<P class="p891 ft67">tillväxtmarknad för små och medelstora företag<SPAN class="ft70">: en </SPAN><NOBR><SPAN class="ft70">MTF-plattform</SPAN></NOBR><SPAN class="ft70"> som är registrerad som en tillväxtmarknad för små och medelstora företag hos Finans- inspektionen enligt 11 kap. </SPAN><NOBR><SPAN class="ft70">13–15</SPAN></NOBR><SPAN class="ft70"> §§ eller hos en behörig myndighet i ett annat land inom EES,</SPAN></P>
<P class="p315 ft31"><SPAN class="ft21">utländskt kreditinstitut</SPAN>: ett kreditinstitut enligt 1 kap. 5 § första stycket 21 lagen (2004:297) om bank- och finansieringsrörelse,</P>
<P class="p103 ft31"><SPAN class="ft21">utländskt värdepappersföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva värdepappersrörelse,</P>
<P class="p103 ft31"><SPAN class="ft21">värdepappersbolag</SPAN>: ett svenskt aktiebolag som har fått tillstånd enligt denna lag att driva värdepappersrörelse och som inte är ett bankaktiebolag eller ett kreditmarknadsbolag enligt lagen om bank- och finansieringsrörelse,</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">243</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_244">
<P class="p473 ft31"><SPAN class="ft2">Prop. 2020/21:173 </SPAN><SPAN class="ft21">värdepapperscentral</SPAN>: en värdepapperscentral enligt definitionen i artikel 2.1.1 i förordningen om värdepapperscentraler,</P>
<P class="p490 ft67">värdepappersinriktat holdingföretag: ett värdepappersinriktat holdingföretag enligt definitionen i artikel 4.1.23 i värdepappersbolagsförordningen, och</P>
<P class="p498 ft31"><SPAN class="ft21">värdepappersinstitut</SPAN>: ett värdepappersbolag, ett svenskt kreditinstitut som har fått tillstånd enligt denna lag att driva värdepappersrörelse eller ett utländskt företag som driver värdepappersrörelse från filial i Sverige eller genom att använda anknutna ombud etablerade i Sverige.</P>
<P class="p892 ft2">Paragrafen innehåller definitioner. Ändringarna genomför delvis artikel 3.1.21 och artikel 3.1.5 och 3.1.19 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 9.3.</P>
<P class="p477 ft2">Det införs en definition av litet och <NOBR>icke-sammanlänkat</NOBR> värdepappers- bolag, som hänvisar till definitionen i artikel 12.1 i värdepappersbolags- förordningen.</P>
<P class="p477 ft2">Det införs även en definition av värdepappersinriktat holdingföretag som motsvarar definitionen i artikel 4.1.23 i värdepappersbolagsförord- ningen. Kommissionen får anta delegerade akter för att förtydliga defini- tionen i förordningen (artikel 4.2 i värdepappersbolagsförordningen).</P>
<P class="p561 ft31"><SPAN class="ft35">5 § </SPAN>I denna lag betyder</P>
<P class="p490 ft70"><SPAN class="ft67">algoritmisk handel</SPAN>: handel med finansiella instrument där en datoralgoritm auto- matiskt bestämmer enskilda orderparametrar med begränsat eller inget mänskligt ingripande,</P>
<P class="p490 ft70"><SPAN class="ft67">betydande filial</SPAN>: en filial som är betydande enligt artikel 51.1 i Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om särskild tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om upphävande av <SPAN class="ft67">direktiven </SPAN>2006/48/EG och 2006/49/EG, <SPAN class="ft67">i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034</SPAN>,</P>
<P class="p692 ft21">blandat finansiellt holdingföretag<SPAN class="ft31">: ett holdingföretag enligt </SPAN>artikel 4.1.40 i värdepappersbolagsförordningen<SPAN class="ft31">,</SPAN></P>
<P class="p490 ft21">blandat finansiellt moderholdingföretag inom EES<SPAN class="ft31">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">kreditinstitut, värdepappersbolag eller </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p476 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">annat blandat finansiellt holdingföretag eller ett finansiellt holdingföretag som är etablerat i något annat land inom EES,</SPAN></P>
<P class="p490 ft70"><SPAN class="ft67">börshandlad fond</SPAN>: en fond där minst en andels- eller aktieklass handlas hela dagen på minst en handelsplats och med minst en marknadsgarant som vidtar åtgärder för att säkerställa att andels- eller aktiepriset på handelsplatsen inte i betydande grad skiljer sig från dess nettotillgångsvärde och, i tillämpliga fall, från dess preliminära nettotillgångsvärde,</P>
<P class="p498 ft31"><SPAN class="ft21">direkt elektroniskt tillträde</SPAN>: ett handelsplatsarrangemang där en deltagare på en handelsplats ger en person tillåtelse att använda deltagarens handelskod så att personen elektroniskt kan vidarebefordra order avseende ett finansiellt instrument direkt till handelsplatsen,</P>
<P class="p479 ft70"><SPAN class="ft67">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p476 ft31"><NOBR><SPAN class="ft21">EES-institut</SPAN>:</NOBR> ett utländskt kreditinstitut eller ett utländskt värdepappersföretag som är hemmahörande i något annat land inom EES än Sverige,</P>
<P class="p490 ft118"><SPAN class="ft115">filial</SPAN>: ett avdelningskontor med självständig förvaltning, varvid även ett utländskt värdepappersföretags etablering av flera driftställen i Sverige ska anses som en enda filial,</P>
<P class="p14 ft2">244</P>
</DIV>
<DIV id="page_245">
<DIV>
<DIV id="id_1">
<P class="p109 ft31"><SPAN class="ft21">finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.20 i tillsyns- förordningen,</P>
<P class="p109 ft67">finansiellt institut<SPAN class="ft70">: ett finansiellt institut enligt </SPAN>artikel 4.1.14 i värdepappers- bolagsförordningen<SPAN class="ft70">,</SPAN></P>
<P class="p116 ft21">finansiellt moderholdingföretag inom EES<SPAN class="ft31">: ett inom EES etablerat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft117">kreditinstitut, värdepappersbolag eller </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p109 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">annat finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p109 ft70"><SPAN class="ft67">hemland</SPAN>: det land där ett företag har fått tillstånd att driva sådan verksamhet som avses i denna lag,</P>
<P class="p109 ft70"><SPAN class="ft67">holdingföretag med blandad verksamhet</SPAN>: holdingföretag enligt artikel 4.1.22 i tillsynsförordningen,</P>
<P class="p132 ft21">kapitalbas<SPAN class="ft31">:</SPAN></P>
<P class="p103 ft67"><SPAN class="ft67">1.</SPAN><SPAN class="ft119">för andra värdepappersbolag än sådana som avses i 1 kap. 2 § första stycket 7 </SPAN><NOBR>c–f</NOBR> lagen (2014:968) om särskild tillsyn över kreditinstitut och värde- pappersbolag, detsamma som i artikel 9 i värdepappersbolagsförordningen,</P>
<P class="p893 ft70"><SPAN class="ft67">2.</SPAN><SPAN class="ft119">för övriga företag </SPAN>detsamma som i artikel 72 i tillsynsförordningen, <SPAN class="ft67">koncern</SPAN>:</P>
<P class="p184 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft47">i 8 a, 8 b och 25 b kap., detsamma som i 2 kap. 1 § lagen (2015:1016) om resolution,</SPAN></P>
<P class="p103 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">i övriga kapitel, detsamma som i 1 kap. 11 och 12 §§ aktiebolags- lagen (2005:551), varvid det som sägs om moderbolag tillämpas även på andra juridiska personer än aktiebolag,</SPAN></P>
<P class="p510 ft29"><SPAN class="ft120">koncernåterhämtningsplan</SPAN>: en plan som upprättats av ett moderföretag inom EES i syfte att identifiera åtgärder som de företag i en grupp som omfattas av gruppbaserad tillsyn avser att vidta för att bevara eller återställa koncernens eller ett</P>
<P class="p894 ft31"><SPAN class="ft31">i</SPAN><SPAN class="ft121">koncernen ingående värdepappersbolags eller utländskt värdepappersföretags finansiella ställning och livskraft efter en betydande försämring av den finansiella situationen,</SPAN></P>
<P class="p446 ft70"><SPAN class="ft67">kvalificerat innehav</SPAN>: ett direkt eller indirekt ägande i ett företag, om innehavet beräknat på det sätt som anges i 5 a § representerar tio procent eller mer av kapitalet eller av samtliga röster eller annars möjliggör ett väsentligt inflytande över ledningen av företaget,</P>
<P class="p115 ft31"><SPAN class="ft21">likvid marknad</SPAN>: en marknad för ett finansiellt instrument eller en klass av finansiella instrument, där det ständigt finns beredda och villiga köpare och säljare, enligt en bedömning utifrån</P>
<P class="p109 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">den genomsnittliga transaktionsfrekvensen och transaktionsvolymen under ett antal marknadsvillkor,</SPAN></P>
<P class="p65 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft34">antalet och typen av marknadsaktörer, och</SPAN></P>
<P class="p109 ft31"><SPAN class="ft31">3.</SPAN><SPAN class="ft47">den genomsnittliga storleken på skillnader mellan köp- och säljkurser (spreadar),</SPAN></P>
<P class="p65 ft21">matchad principalhandel<SPAN class="ft31">: en transaktion</SPAN></P>
<P class="p109 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">där en mellanhand träder in mellan köpare och säljare på ett sådant sätt att mellanhanden under transaktionens utförande aldrig exponeras för marknadsrisk,</SPAN></P>
<P class="p65 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft34">där båda sidor av transaktionen genomförs samtidigt, och</SPAN></P>
<P class="p103 ft31"><SPAN class="ft31">3.</SPAN><SPAN class="ft47">som genomförs till ett pris som innebär att mellanhanden inte gör någon vinst eller förlust, förutom tidigare tillkännagivna arvoden eller avgifter för transak- tionen,</SPAN></P>
<P class="p103 ft31"><SPAN class="ft21">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moder- holdingföretag inom EES eller ett blandat finansiellt moderholdingföretag inom EES,</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">245</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_246">
<P class="p473 ft31"><SPAN class="ft2">Prop. 2020/21:173 </SPAN><SPAN class="ft21">moderinstitut inom EES</SPAN>: ett kreditinstitut, värdepappersbolag eller <NOBR>EES-institut</NOBR> som är ett moderföretag och som inte självt är ett dotterföretag till ett</P>
<P class="p474 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft47">annat kreditinstitut, värdepappersbolag eller </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p476 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p476 ft70"><SPAN class="ft67">multilateralt system</SPAN>: ett system där flera tredjeparters köp- och säljintressen i finansiella instrument kan interagera inom systemet,</P>
<P class="p477 ft70"><SPAN class="ft67">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som ansvarar för att utöva gruppbaserad tillsyn av moderinstitut inom EES och av värdepappersbolag och kreditinstitut som kontrolleras av finansiella moderholdingföretag inom EES eller blandade finansiella moderholdingföretag inom EES,</P>
<P class="p562 ft70"><SPAN class="ft67">små och medelstora företag</SPAN>: företag som har ett genomsnittligt börsvärde som understeg 200 miljoner euro beräknat på slutkurser för de tre föregående kalender- åren,</P>
<P class="p895 ft21">startkapital<SPAN class="ft31">:</SPAN></P>
<P class="p490 ft67"><SPAN class="ft67">1.</SPAN><SPAN class="ft119">för andra värdepappersbolag än sådana som avses i 1 kap. 2 § första stycket 7 c lagen om särskild tillsyn över kreditinstitut och värdepappersbolag, det kapital som för värdepappersföretag avses i artikel 3.1.18 i värdepappersbolags- direktivet,</SPAN></P>
<P class="p896 ft31"><SPAN class="ft21">2.</SPAN><SPAN class="ft122">för övriga företag </SPAN>det kapital som avses i artikel 4.51 i tillsynsförordningen, <SPAN class="ft21">strukturerad insättning</SPAN>: en insättning enligt definitionen i 2 § lagen (1995:1571)</P>
<P class="p897 ft70">om insättningsgaranti, som måste betalas helt på förfallodagen enligt villkor som innebär att eventuell ränta eller premie ska beräknas utifrån</P>
<P class="p474 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft47">ett index eller en kombination av index, med undantag för ränteindex,</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">ett finansiellt instrument eller en kombination av finansiella instrument,</SPAN></P>
<P class="p479 ft31"><SPAN class="ft31">3.</SPAN><SPAN class="ft47">en råvara eller en kombination av råvaror eller andra </SPAN><NOBR>icke-fungibla</NOBR> tillgångar,</P>
<P class="p479 ft31"><SPAN class="ft31">4.</SPAN><SPAN class="ft47">en valutakurs eller en kombination av valutakurser, eller</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">5.</SPAN><SPAN class="ft116">andra faktorer,</SPAN></P>
<P class="p476 ft31"><SPAN class="ft21">strukturerade finansiella produkter</SPAN>: detsamma som i artikel 2.1.28 i för- ordningen om marknader för finansiella instrument,</P>
<P class="p476 ft67">teknik för algoritmisk högfrekvenshandel<SPAN class="ft70">: en teknik för algoritmisk handel som kännetecknas av</SPAN></P>
<P class="p475 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft47">att infrastrukturen är avsedd att minimera fördröjning (latens) genom sam- lokalisering, närvärdskap eller elektroniskt höghastighetstillträde,</SPAN></P>
<P class="p490 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">att systemet beslutar när en order ska initieras, genereras, styras eller utföras utan mänsklig medverkan för enskilda handelstransaktioner eller enskilda order, och</SPAN></P>
<P class="p898 ft31"><SPAN class="ft31">3.</SPAN><SPAN class="ft47">stor mängd intradagsmeddelanden som utgör order, bud eller annulleringar, </SPAN><SPAN class="ft21">varaktigt medium</SPAN>: ett medel som</P>
<P class="p479 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft47">gör det möjligt för kunden att bevara information som riktas till denne person-</SPAN></P>
<P class="p899 ft70">ligen på ett sätt som är tillgängligt för användning i framtiden och under en tid som är lämplig med hänsyn till vad som är avsikten med informationen, och</P>
<P class="p900 ft125"><SPAN class="ft29">2.</SPAN><SPAN class="ft123">möjliggör oförändrad återgivning av den bevarade informationen, och </SPAN><SPAN class="ft124">återhämtningsplan</SPAN>: en plan som upprättas av ett värdepappersbolag i syfte att vidta</P>
<P class="p901 ft31">åtgärder som bolaget avser att vidta för att bevara eller återställa sin finansiella ställning och livskraft efter en betydande försämring av den finansiella situationen.</P>
<P class="p892 ft2">Paragrafen innehåller definitioner. Ändringarna genomför delvis artikel 3.1.21 och artikel 3.1.3, 3.1.11, 3.1.13, 3.1.16, 3.1.18 och 3.1.25 i värdepappers- bolagsdirektivet. Övervägandena finns i avsnitt 8. Paragrafen är utformad i enlighet med <SPAN class="ft3">Lagrådets </SPAN>förslag.</P>
<P class="p316 ft2">246</P>
</DIV>
<DIV id="page_247">
<P class="p136 ft2">Ändringen i definitionen av betydande filial är en följdändring med Prop. 2020/21:173 anledning den ändring i artikel 51.1 i kapitaltäckningsdirektivet som har</P>
<P class="p14 ft2">gjorts genom artikel 62.11 i värdepappersbolagsdirektivet.</P>
<P class="p331 ft31">Ändringarna i definitionerna av blandat finansiellt holdingföretag och finansiellt institut görs som anpassningar till motsvarande definitioner i värdepappersbolagsförordningen (artikel 4.1.14 och 4.1.40). Definitionen av kapitalbas delas upp i två delar. Den hittillsvarande definitionen, som hänvisar till tillsynsförordningens definition av kapitalbas, kommer att gälla enbart de värdepappersbolag som ska tillämpa tillsynsförordningen. Vidare kompletteras definitionen med en hänvisning till värdepappers- bolagsförordningen (artikel 9) som ska gälla övriga värdepappersbolag. Motsvarande uppdelning görs av definitionen av startkapital. Det införs en hänvisning till definitionen av startkapital i värdepappersbolagsdirektivet (artikel 3.1.18) som ska gälla övriga värdepappersbolag.</P>
<P class="p420 ft2">Kommissionen får anta delegerade akter för att förtydliga definitionerna i värdepappersbolagsförordningen och värdepappersbolagsdirektivet (artikel 4.2 i förordningen och artikel 3.2 i direktivet).</P>
<P class="p883 ft22">3 kap. Tillstånd för svenska företag</P>
<P class="p708 ft70"><SPAN class="ft114">6 § </SPAN>Ett värdepappersbolag ska ha ett startkapital som vid tidpunkten för beslut om tillstånd motsvarar</P>
<P class="p90 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft47">minst 5 000 000 euro om bolagets verksamhet ska innefatta mottagande av medel på konto enligt 2 kap. 2 § första stycket 8,</SPAN></P>
<P class="p88 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">minst </SPAN><SPAN class="ft67">750 000 </SPAN>euro om bolaget ska driva verksamhet som avses i 2 kap. 1 § 3 <SPAN class="ft67">eller </SPAN>6,</P>
<P class="p87 ft31"><SPAN class="ft31">3.</SPAN><SPAN class="ft34">minst </SPAN><SPAN class="ft21">150 000 </SPAN>euro om inte högre belopp krävs enligt 1 eller 2, och</P>
<P class="p65 ft70"><SPAN class="ft70">4.</SPAN><SPAN class="ft117">minst </SPAN><SPAN class="ft67">75 000 </SPAN>euro om bolaget ska driva enbart verksamhet som avses i 2 kap.</P>
<P class="p902 ft31"><SPAN class="ft31">1</SPAN><SPAN class="ft34">§ 1</SPAN><SPAN class="ft21">, 2, 4, </SPAN>5 <SPAN class="ft21">eller 7 </SPAN>och inte kommer att inneha kunders medel eller värdepapper. <SPAN class="ft21">Startkapitalet ska för värdepappersbolag som avses i första stycket 1 vara</SPAN></P>
<P class="p439 ft21">sammansatt enligt artikel 72 i tillsynsförordningen. För övriga värdepappersbolag ska startkapitalet vara sammansatt enligt artikel 9 i värdepappersbolags- förordningen.</P>
<P class="p903 ft2">Paragrafen innehåller bestämmelser med krav på värdepappersbolag att ha ett visst minsta startkapital. Ändringarna genomför artiklarna 9, 10 b, 10 c och 11 och delvis artikel 10 a i värdepappersbolagsdirektivet. Över- vägandena finns i avsnitt 8.</P>
<P class="p89 ft2">Genom ändringen i inledningen i <SPAN class="ft3">första stycket </SPAN>förtydligas att kravet på startkapital ska vara uppfyllt vid tidpunkten för beslut om tillstånd. Änd- ringarna i <SPAN class="ft3">första stycket </SPAN><NOBR><SPAN class="ft3">2</SPAN>–<SPAN class="ft3">4</SPAN></NOBR><SPAN class="ft3"> </SPAN>genomför artiklarna 9, 10 b och 10 c och delvis artikel 10 a i värdepappersbolagsdirektivet. För värdepappersbolag som ska driva en <NOBR>MTF-plattform</NOBR> innebär ändringarna i punkterna 2 och 3 att kravet på minsta startkapital sänks från 730 000 euro till 150 000 euro. I punkt 2 förtydligas även att det är tillräckligt att värdepappersbolaget ska driva verksamhet som avses i någon av punkterna 3 och 6 i 2 kap. 1 § för att det ska gälla ett krav på startkapital om minst 750 000 euro.</P>
<P class="p904 ft2">I <SPAN class="ft3">andra stycket </SPAN>ersätts hittillsvarande bestämmelse om alternativ till startkapital i vissa fall med en ny bestämmelse som genomför artikel 11 i värdepappersbolagsdirektivet. Av hänvisningen till artikel 9 i värde- pappersbolagsförordningen framgår hur startkapitalet ska vara sammansatt</P>
<P class="p783 ft2">247</P>
</DIV>
<DIV id="page_248">
<P class="p497 ft2">Prop. 2020/21:173 för värdepappersbolag som avses i första stycket <NOBR>2–4.</NOBR> Bolag som avses i första stycket 1 anses i detta hänseende som kreditinstitut och hänvisning görs i stället till tillsynsförordningen.</P>
<P class="p498 ft2">Hittillsvarande tredje stycket tas bort eftersom värdepappersbolagsför- ordningen inte medger att värdepappersföretag har en ansvarsförsäkring eller garanti i stället för ett visst startkapital.</P>
<P class="p661 ft70"><SPAN class="ft114">7 § </SPAN>Bestämmelser om kapitaltäckning finns i</P>
<P class="p474 ft21"><SPAN class="ft3">–</SPAN><SPAN class="ft62">värdepappersbolagsförordningen,</SPAN></P>
<P class="p474 ft21"><SPAN class="ft3">–</SPAN><SPAN class="ft62">tillsynsförordningen</SPAN><SPAN class="ft31">,</SPAN></P>
<P class="p476 ft31"><SPAN class="ft3">–</SPAN><SPAN class="ft47">lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappers- bolag</SPAN><SPAN class="ft21">, </SPAN>och</P>
<P class="p479 ft31"><SPAN class="ft3">–</SPAN><SPAN class="ft47">lagen (2014:966) om kapitalbuffertar</SPAN><SPAN class="ft2">.</SPAN></P>
<P class="p892 ft2">Paragrafen innehåller bestämmelser om kapitalkrav för värdepappersbolag under pågående verksamhet. Övervägandena finns i avsnitt 8.</P>
<P class="p480 ft31">I <SPAN class="ft21">första stycket </SPAN>införs en hänvisning till värdepappersbolagsförordningen. De bestämmelser om kapitaltäckning som gäller för de allra flesta värde- pappersbolag finns i den förordningen. Hänvisningen till bestämmelser om stora exponeringar tas bort eftersom dessa bestämmelser inte längre är relevanta för de värdepappersbolag som ska tillämpa värdepappersbolags- förordningen utan endast för de värdepappersbolag som ska tillämpa tillsynsförordningen. I stycket görs även en redaktionell ändring.</P>
<P class="p498 ft2">Det hittillsvarande <SPAN class="ft3">andra stycket </SPAN>tas bort eftersom motsvarande krav följer direkt av artikel 11.1 b i värdepappersbolagsförordningen (och artikel 93.1 i tillsynsförordningen för de bolag som ska tillämpa den förordningen). Även det hittillsvarande <SPAN class="ft3">tredje stycket </SPAN>tas bort eftersom det inte längre finns något sådant alternativ till startkapitalet som avses i det stycket.</P>
<P class="p784 ft22">7 kap. Förvärv och innehav av egendom</P>
<P class="p905 ft31"><SPAN class="ft35">1 § </SPAN>Ett värdepappersbolag får inneha bara</P>
<P class="p479 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">egendom som behövs för att</SPAN></P>
<P class="p479 ft31">a) driva värdepappersrörelse, och</P>
<P class="p479 ft70">b) tillhandahålla sidotjänster eller driva sidoverksamhet,</P>
<P class="p476 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">aktier, andelar och andra finansiella instrument med de begränsningar som anges i </SPAN><NOBR>2–6</NOBR> §§, och</P>
<P class="p479 ft118"><SPAN class="ft118">3.</SPAN><SPAN class="ft126">egendom till skyddande av fordran enligt </SPAN><NOBR>10–12</NOBR> §§.</P>
<P class="p490 ft21">I värdepappersbolagsförordningen och tillsynsförordningen finns ytterligare bestämmelser om begränsningar av sådana innehav som avses i första stycket 2.</P>
<P class="p906 ft2">Paragrafen innehåller bestämmelser med begränsningar i fråga om vilka slag av egendom som värdepappersbolag får inneha. Övervägandena finns i avsnitt 8.</P>
<P class="p477 ft2">I <SPAN class="ft3">första stycket 2 </SPAN>tas det bort en upplysning om att det i tillsynsförord- ningen finns bestämmelser om vissa begränsningar av innehav av finan- siella instrument. I <SPAN class="ft3">andra stycket</SPAN>, som är nytt, införs i stället en motsvarande upplysning och en upplysning om att det finns ytterligare bestämmelser i värdepappersbolagsförordningen (artiklarna <NOBR>35–41).</NOBR></P>
<P class="p670 ft2">248</P>
</DIV>
<DIV id="page_249">
<TABLE cellpadding=0 cellspacing=0 class="t94">
<TR>
<TD class="tr5 td81"><P class="p18 ft22">8 kap. Rörelseregler</P></TD>
<TD class="tr5 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
</TABLE>
<P class="p907 ft67"><SPAN class="ft127">1 a § </SPAN>För ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag gäller inte 4 § första eller tredje stycket, 4 c, 5, 6, 7 eller 8 § eller de särskilda krav på en fri- stående bedömning av soliditet och likviditet som följer av 3 §.</P>
<P class="p908 ft21">Finansinspektionen får dock besluta att 3 § och 4 § tredje stycket ska tillämpas på ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag.</P>
<P class="p553 ft21">Undantaget i första stycket ska börja tillämpas när värdepappersbolaget under en sammanhängande sexmånadersperiod har uppfyllt kriterierna för att anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag.</P>
<P class="p909 ft2">Paragrafen, som är ny, innehåller bestämmelser om små och <NOBR>icke-samman-</NOBR> länkade värdepappersbolag. Paragrafen genomför delvis artikel 24 och artikel 25.1 och 25.2 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitten 9.2 och 10.2. Paragrafen är i allt väsentligt utformad i enlighet med <SPAN class="ft3">Lagrådets </SPAN>förslag.</P>
<P class="p910 ft2">I 1 kap. 4 a § finns en definition av vad som avses med ett litet och icke- sammanlänkat värdepappersbolag. För ett sådant bolag gäller enligt huvud- regeln i <SPAN class="ft3">första stycket </SPAN>varken de särskilda krav på en fristående bedömning av soliditet och likviditet som följer av 3 §, kraven på kapitalutvärdering (4 § tredje stycket) eller kraven på riskhantering och därmed samman- hängande krav på bolagets organisation (4 § första stycket och 5 §). Innebörden av 3 § behandlas närmare i avsnitt 9.2. Inte heller bestäm- melsen om ersättningssystem i 4 c § gäller för ett sådant bolag. Bestäm- melserna i <NOBR>6–8</NOBR> §§ om proportionalitet och styrelsens ansvar och uppgifter gäller följaktligen inte heller. För ett litet och <NOBR>icke-sammanlänkat</NOBR> bolag gäller fortfarande kraven på styrning, kontroll och organisation som följer av framför allt 11 § och artiklarna <NOBR>21–43</NOBR> i kommissionens delegerade förordning (EU) 2017/565 av den 25 april 2016 om komplettering av Europaparlamentets och rådets direktiv 2014/65/EU vad gäller organisa- toriska krav och villkor för verksamheten i värdepappersföretag, och definitioner för tillämpning av det direktivet. Enligt artikel 25.4 första stycket i värdepappersbolagsdirektivet ska reglerna i artikel 32 i samma direktiv om rörlig ersättning, tillämpas på det räkenskapsår som följer efter det att ett bolag har upphört att vara litet och <NOBR>icke-sammanlänkat.</NOBR> Med stöd av bemyndigandet i 35 § 1 får regeringen eller den myndighet som regeringen bestämmer meddela föreskrifter om rörlig ersättning enligt artikel 32. Bemyndigandet omfattar även rätten att meddela föreskrifter som genom- för artikel 25.4 första stycket.</P>
<P class="p911 ft2">Enligt <SPAN class="ft3">andra stycket </SPAN>får Finansinspektionen, i den utsträckning inspek- tionen anser det lämpligt, besluta att ett litet och <NOBR>icke-sammanlänkat</NOBR> bolag ska tillämpa kraven i fråga om soliditet och kapitalutvärdering (3 § och 4 § tredje stycket). Finansinspektionen får dock inte ålägga ett sådant bolag att hantera och värdera riskerna (4 § första stycket).</P>
<P class="p555 ft2">I <SPAN class="ft3">tredje stycket </SPAN>finns bestämmelser om när undantaget i första stycket ska börja tillämpas. För bolag som uppfyller kriterierna för att vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag i artikel 12.1 i värdepappers- bolagsförordningen gäller undantaget från den dag lagen träder i kraft, se ikraftträdande- och övergångsbestämmelserna. Sådana bolag behöver alltså inte först uppfylla kraven i sex månader.</P>
<P class="p912 ft2">249</P>
</DIV>
<DIV id="page_250">
<P class="p913 ft21"><SPAN class="ft2">Prop. 2020/21:173 </SPAN><SPAN class="ft65">1 b § </SPAN>Om ett värdepappersbolag inte längre uppfyller kriterierna för att anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag, ska bolaget snarast underrätta Finansinspektionen och inom 12 månader börja tillämpa de bestämmelser som anges i 1 a § första stycket.</P>
<P class="p914 ft2">Paragrafen, som är ny, innehåller bestämmelser om små och <NOBR>icke-samman-</NOBR> länkade värdepappersbolag. Paragrafen genomför artikel 25.3 i värdepap- persbolagsdirektivet. Övervägandena finns i avsnitten 9.2 och 10.2.</P>
<P class="p915 ft2">I paragrafen finns bestämmelser om det som gäller när ett värdepappers- bolag upphör att vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag.</P>
<P class="p916 ft115"><SPAN class="ft128">1 c § </SPAN>De värdepappersbolag som avses i 1 kap. 2 § första stycket 7 <NOBR>c–f</NOBR> lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag ska tillämpa 6 kap. <NOBR>1–3</NOBR> och <NOBR>4–7</NOBR> §§ lagen (2004:297) om bank- och finansierings- rörelse, i stället för 8 kap. <NOBR>3–8</NOBR> §§ denna lag. Det som i lagen om bank- och finansieringsrörelse sägs om kreditinstitut ska då avse värdepappersbolag.</P>
<P class="p917 ft67">För den som ingår i ett sådant värdepappersbolags styrelse eller är dess verk- ställande direktör, eller är ersättare för någon av dem gäller även 15 kap. 1 <NOBR>a–1</NOBR> c och 8 <NOBR>a–9</NOBR> d §§ lagen om bank- och finansieringsrörelse.</P>
<P class="p918 ft21">Bolag som avses i 1 kap. 2 § första stycket 7 c lagen om särskild tillsyn över kredit- institut och värdepappersbolag ska tillämpa tillsynsförordningen i stället för värdepappersbolagsförordningen. Det som i tillsynsförordningen sägs om kredit- institut ska då avse värdepappersbolag.</P>
<P class="p919 ft2">Paragrafen, som är ny, innehåller bestämmelser om att vissa värdepappers- bolag ska tillämpa bestämmelser som annars gäller för kreditinstitut. Ändringarna genomför artikel 2.2 i värdepappersbolagsdirektivet. Över- vägandena finns i avsnitten 7.2, 7.3 och 13.2.</P>
<P class="p915 ft2">Enligt <SPAN class="ft3">första stycket</SPAN>, som genomför artikel 2.2 i värdepappersbolags- direktivet, ska värdepappersbolag med tillstånd att ta emot kunders medel på konto och värdepappersbolag som avses i artikel 1.2 och 1.5 i värde- pappersbolagsförordningen, tillämpa samma bestämmelser som kreditinstitut. Detsamma gäller sådana bolag för vilka Finansinspektionen, enligt 1 kap. 3 a § tillsynslagen (artikel 5 i värdepappersbolagsdirektivet), har beslutat att tillsynsförordningen ska tillämpas.</P>
<P class="p852 ft2"><SPAN class="ft3">Andra stycket </SPAN>innebär att bestämmelserna i lagen om bank- och finansieringsrörelse om ingripande mot någon som ingår i ledningen för ett kreditinstitut vid institutets åsidosättande av skyldigheter enligt bl.a. tillsynsförordningen även gäller för de värdepappersbolag som ska tillämpa tillsynsförordningen. De bestämmelserna i lagen om bank- och finansieringsrörelse bör tillämpas i stället för motsvarande bestämmelser i denna lag när det är relevant, dvs. när bestämmelserna anger att ingripande ska ske vid överträdelse av bestämmelser som är tillämpliga på sådana värdepappersbolag. Exempelvis kommer de nya bestämmelserna om ingripande i 25 kap. 1 d § första stycket <NOBR>13–17,</NOBR> som rör överträdelser av bestämmelser i värdepappersbolagsförordningen, inte att vara relevanta för de värdepappersbolag som ska tillämpa tillsynsförordningen. I stället tillämpas bestämmelserna i 15 kap. 1 a § första stycket <NOBR>5–9</NOBR> lagen om bank- och finansieringsrörelse, eftersom de rör motsvarande överträdelser av tillsynsförordningen. Bestämmelserna i 25 kap. 1 d § första stycket <NOBR>1–3</NOBR> denna lag är däremot relevanta för alla värdepappersbolag.</P>
<TABLE cellpadding=0 cellspacing=0 class="t116">
<TR>
<TD rowspan=2 class="tr19 td176"><P class="p278 ft2">250</P></TD>
<TD class="tr2 td243"><P class="p279 ft2">I 25 kap. 1 d § första stycket 4 regleras ingripanden vid överträdelser av</P></TD>
</TR>
<TR>
<TD class="tr40 td243"><P class="p18 ft88"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_251">
<TABLE cellpadding=0 cellspacing=0 class="t79">
<TR>
<TD class="tr2 td81"><P class="p18 ft2">flera bestämmelser i denna lag. Vissa av de bestämmelserna är inte</P></TD>
<TD class="tr2 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">tillämpliga på värdepappersbolag som ska tillämpa tillsynsförordningen.</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p920 ft2"><SPAN class="ft2">I</SPAN><SPAN class="ft17">sådana fall tillämpas i stället motsvarande bestämmelse i lagen om bank- och finansieringsrörelse, 15 kap. 1 a § första stycket 4. Slutligen bör nämnas att 15 kap. 1 a § första stycket 22 rör ingripanden vid överträdelser av bestämmelser av tillsynsförordningen och tillsynslagen. Bestämmelsen är relevant för värdepappersbolag som ska tillämpa tillsynsförordningen, men inte för andra värdepappersbolag. Den har därför inte någon mot- svarighet i denna lag.</SPAN></P>
<P class="p748 ft2">I <SPAN class="ft3">tredje stycket </SPAN>regleras att värdepappersbolag med tillstånd att ta emot kunders medel på konto och lämna kunder kredit ska tillämpa tillsynsförord- ningen i stället för värdepappersbolagsförordningen.</P>
<P class="p921 ft70"><SPAN class="ft114">4 § </SPAN>Ett värdepappersbolag ska identifiera, mäta, styra, internt rapportera och ha kontroll över de risker som <SPAN class="ft67">bolaget är eller kan bli exponerat för eller som bolaget utsätter eller kan utsätta andra för</SPAN>. Bolaget ska se till att det har en tillfreds- ställande intern kontroll.</P>
<P class="p495 ft70">Sådana värdepappersbolag som anges i 8 a kap. 1 § ska också upprätta en återhämtningsplan eller koncernåterhämtningsplan enligt samma kapitel.</P>
<P class="p170 ft70">Ett värdepappersbolag ska särskilt se till att dess <SPAN class="ft67">företagsrisker, kundrisker, </SPAN>marknadsrisker och andra risker sammantagna inte medför att dess förmåga att fullgöra sina förpliktelser äventyras. För att uppfylla detta krav ska bolaget ha metoder som gör det möjligt att fortlöpande värdera och upprätthålla ett kapital som till belopp, slag och fördelning är tillräckligt för att täcka arten och nivån på de risker som bolaget är eller kan komma att bli exponerat för <SPAN class="ft67">eller som bolaget utsätter eller kan utsätta andra för</SPAN>. Bolaget ska utvärdera dessa metoder för att säkerställa att de är heltäckande.</P>
<P class="p922 ft31">Ett värdepappersbolag ska på grundval av de metoder som avses i tredje stycket fastställa tillräckliga kapitalbasnivåer.</P>
<P class="p923 ft2">Paragrafen innehåller bestämmelser om värdepappersbolags riskhante- ring. Ändringarna genomför delvis artikel 24.1 och artiklarna 25.4 första stycket, 26.1 första stycket b, 26.3, <NOBR>29.1–29.3,</NOBR> <NOBR>32–34</NOBR> och <NOBR>36.1–36.3</NOBR> i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 9.2. Paragrafen är utformad i enlighet med Lagrådets förslag.</P>
<P class="p749 ft2">Ändringarna i <SPAN class="ft3">första stycket </SPAN>genomför artikel 26.1 första stycket b i värdepappersbolagsdirektivet. Ändringarna i <SPAN class="ft3">första stycket </SPAN>och <SPAN class="ft3">tredje stycket andra meningen </SPAN>innebär att även de risker som bolaget utsätter eller kan utsätta andra för omfattas. Av skäl 4 i direktivet framgår att sannolikheten för att ett värdepappersbolags fallissemang skulle få skadliga effekter för den finansiella stabiliteten är mindre än för ett kreditinstitut. Det är eventuella fallissemang som regelverket avser att hantera. Det bör innebära att de risker som andra än bolaget självt kan utsättas för främst är risken för att bolaget inte kan fullgöra sina förpliktelser mot motparter och kunder.</P>
<P class="p924 ft2">Ändringen i <SPAN class="ft3">tredje stycket första meningen </SPAN>genomför, tillsammans med</P>
<P class="p920 ft2">3 §, artikel 24.1 i värdepappersbolagsdirektivet. Ändringen är en följd av att det genom det nya kapitaltäckningsregelverket delvis är andra risker än de som avses i kapitaltäckningsreglerna för kreditinstitut som kapitalet ska täcka, se t.ex. artikel 15 i värdepappersbolagsförordningen.</P>
<P class="p925 ft2">251</P>
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<P class="p473 ft21"><SPAN class="ft2">Prop. 2020/21:173 </SPAN><SPAN class="ft65">4 c § </SPAN>Ett värdepappersbolag ska ha ett ersättningssystem som främjar en sund och effektiv riskhantering.</P>
<P class="p926 ft2">Paragrafen, som är ny, genomför delvis artikel 26.1 första stycket d i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 10.2.</P>
<P class="p477 ft2">I paragrafen finns en generell bestämmelse om att värdepappersbolag ska ha ett ersättningssystem som främjar en sund och effektiv riskhante- ring. Med ersättningssystem avses ett värdepappersbolags interna kompensationssystem och termen omfattar såväl ersättningspolicy som ersättningspraxis. Av 6 § följer att kravet ska tillämpas i proportion till arten och omfattningen av värdepappersbolagets verksamheter och dessas komplexitetsgrad. Styrelsen ansvarar för att värdepappersbolaget upp- fyller kravet på att ha ett ersättningssystem och ska se till att det finns skriftliga interna riktlinjer och instruktioner i den omfattning som behövs för att uppfylla kravet (7 och 8 §§). I 35 § 1 införs ett bemyndigande för regeringen eller den myndighet som regeringen bestämmer att meddela föreskrifter om vad ett värdepappersbolag ska iaktta för att uppfylla kravet på att ha ett ersättningssystem som främjar en sund och effektiv risk- hantering.</P>
<P class="p927 ft31"><SPAN class="ft35">5 § </SPAN>Ett värdepappersbolags rörelse <SPAN class="ft21">ska </SPAN>organiseras och drivas på ett sådant sätt att bolagets struktur, <SPAN class="ft21">ansvarskedjor, </SPAN>förbindelser med andra företag och ställning kan överblickas.</P>
<P class="p906 ft2">Paragrafen innehåller en bestämmelse om genomlysning av värdepappers- bolag. Ändringen genomför delvis artikel 4.5 och 4.6 och artikel 26.1 första stycket a i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 9.2.</P>
<P class="p691 ft2">I enlighet med artikel 26.1 första stycket a i värdepappersbolagsdirektivet görs ett tillägg så att ansvarskedjor anges uttryckligen även i paragrafen. När bestämmelsen infördes i svensk rätt för att genomföra artikel 22 i kredit- institutsdirektivet, konstaterades att det direktivets krav på en tydlig organi- sationsstruktur omfattade bolagets interna organisation men också bolagets förbindelser med andra företag (se prop. 2006/07:5 s. 134). Orda- lydelsen i artikel 26.1 första stycket a i värdepappersbolagsdirektivet är i detta avseende densamma som i artikel 22 i kreditinstitutsdirektivet (artikel 74 i kapitaltäckningsdirektivet). Kraven på genomlysning gäller även för värdepappersbolag, såväl bolagets interna struktur som dess förbindelser med andra företag.</P>
<P class="p928 ft70"><SPAN class="ft114">35 § </SPAN>Regeringen eller den myndighet som regeringen bestämmer får meddela föreskrifter om</P>
<P class="p477 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">vilka åtgärder ett värdepappersbolag ska vidta för att uppfylla de krav på soliditet och likviditet, riskhantering</SPAN><SPAN class="ft67">, ersättningssystem </SPAN>och genomlysning samt riktlinjer och instruktioner som avses i <NOBR>3–8</NOBR> §§,</P>
<P class="p841 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">värdepappersbolags mångfaldspolicy vid tillsättandet av styrelse samt resurser för introduktion och utbildning av styrelseledamöter,</SPAN></P>
<P class="p476 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft116">de riktlinjer, regler och rutiner ett värdepappersinstitut ska upprätta och tillämpa enligt 9 §,</SPAN></P>
<P class="p474 ft31"><SPAN class="ft31">4.</SPAN><SPAN class="ft47">vilka system, resurser och rutiner ett värdepappersinstitut ska ha enligt 10 §,</SPAN></P>
<P class="p479 ft129"><SPAN class="ft129">5.</SPAN><SPAN class="ft130">vad ett värdepappersinstitut ska iaktta för att uppfylla skyldigheterna i 11 §,</SPAN></P>
<P class="p14 ft2">252</P>
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<DIV id="page_253">
<P class="p136 ft31">6. de processer för produktgodkännande och översyn ett värdepappersinstitut <SPAN class="ft2">Prop. 2020/21:173 </SPAN>ska ha enligt 13 §,</P>
<P class="p65 ft31"><SPAN class="ft31">7.</SPAN><SPAN class="ft34">den information ett värdepappersinstitut ska lämna enligt 14 § första stycket,</SPAN></P>
<P class="p92 ft70"><SPAN class="ft70">8.</SPAN><SPAN class="ft116">de arrangemang ett värdepappersinstitut ska ha för att få information och för att förstå egenskaperna hos finansiella instrument och den fastställda målgruppen för instrumenten enligt 14 § andra stycket,</SPAN></P>
<P class="p89 ft31"><SPAN class="ft31">9.</SPAN><SPAN class="ft47">de arrangemang ett värdepappersinstitut som distribuerar finansiella instrument ska ha för urvalet av finansiella instrument och tjänster som erbjuds eller rekommenderas till kunder,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">10.</SPAN><SPAN class="ft117">kraven för bedömning av kunskap och kompetens enligt 15 §,</SPAN></P>
<P class="p65 ft31"><SPAN class="ft31">11.</SPAN><SPAN class="ft131">dokumentation enligt 16 § och hur lång tid dokumentation ska sparas enligt 20 §,</SPAN></P>
<P class="p14 ft31">och</P>
<P class="p65 ft31"><SPAN class="ft31">12.</SPAN><SPAN class="ft34">övervakning av handeln och kursbildningen enligt 21 §.</SPAN></P>
<P class="p903 ft2">Paragrafen innehåller bemyndiganden för regeringen eller den myndighet som regeringen bestämmer att meddela föreskrifter i vissa avseenden. Genom ändringen kan artiklarna 26.1 första stycket d och andra stycket,</P>
<P class="p707 ft2"><SPAN class="ft2">29.1</SPAN><SPAN class="ft112">första stycket a, c och d, 29.3, </SPAN><NOBR>30.1–30.3,</NOBR> <NOBR>32.1–32.7,</NOBR> 33 och 34 i värdepappersbolagsdirektivet genomföras i föreskrifter som meddelas med stöd av bemyndigandet. Övervägandena finns i avsnitten 10.2, 10.4 och 10.5.</P>
<P class="p438 ft2">I <SPAN class="ft3">punkt 1 </SPAN>görs ett tillägg så att regeringen eller den myndighet som regeringen bestämmer även får meddela föreskrifter om vad värdepappers- bolag ska iaktta för att uppfylla kraven på ersättningssystem. I bemyndi- gandet ingår en rätt att meddela föreskrifter om styrelsens ansvar för att övervaka genomförandet av ersättningspolicyn.</P>
<P class="p391 ft2">Bemyndigandet i punkt 1 inbegriper en rätt att meddela föreskrifter om vilka åtgärder som värdepappersbolag ska vidta för att uppfylla kraven i fråga om administrativa förfaranden och dokumentation, för att myndigheterna ska kunna kontrollera att regelverket följs. Genom bemyndigandet är det även möjligt att, i enlighet med artikel 29.3 i värdepappersbolagsdirektivet, meddela föreskrifter om att små och <NOBR>icke-sammanlänkade</NOBR> värdepappers- bolag ska tillämpa de krav som anges i artikel 29.1 första stycket a, c och d i samma direktiv.</P>
<P class="p732 ft22">8 a kap. Återhämtningsplaner</P>
<P class="p708 ft70"><SPAN class="ft114">9 § </SPAN>När Finansinspektionen är den samordnande tillsynsmyndigheten, ska inspek- tionen se till att samråd sker med sådana behöriga myndigheter som avses i <SPAN class="ft67">artikel 48 i värdepappersbolagsdirektivet eller </SPAN>artikel 116 kapitaltäcknings- direktivet och de myndigheter som ansvarar för betydande filialer.</P>
<P class="p420 ft70">Inom fyra månader från det att Finansinspektionen eller en annan samordnande tillsynsmyndighet har överlämnat en koncernåterhämtningsplan till de myndig- heter som anges i 3 § tredje stycket, ska inspektionen försöka komma överens med behöriga myndigheter som ingår i tillsynskollegiet för koncernen om</P>
<P class="p890 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft34">granskningen och bedömningen av koncernåterhämtningsplanen,</SPAN></P>
<P class="p929 ft29"><SPAN class="ft29">2.</SPAN><SPAN class="ft32">huruvida en återhämtningsplan ska upprättas för ett individuellt värdepappers- bolag eller ett utländskt värdepappersföretag som ingår i koncernen, och</SPAN></P>
<P class="p89 ft31"><SPAN class="ft31">3.</SPAN><SPAN class="ft47">tillämpningen av åtgärder som avses i artikel 6.5 och 6.6 i krishanterings- direktivet för att komma till rätta med väsentliga brister i planen eller väsentliga hinder mot att genomföra den.</SPAN></P>
<P class="p930 ft2">253</P>
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<DIV id="page_254">
<DIV>
<DIV id="id_1">
<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">254</P>
</DIV>
<DIV id="id_2">
<P class="p124 ft31">Om myndigheterna kommer överens, ska Finansinspektionen i enlighet med överenskommelsen fatta de beslut som behövs.</P>
<P class="p931 ft2">Paragrafen innehåller bestämmelser om en koncernåterhämtningsplan för en gränsöverskridande koncern. Ändringen genomför delvis artikel 65 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 14.2.</P>
<P class="p121 ft2">Ändringen i <SPAN class="ft3">första stycket </SPAN>innebär att samråd med behöriga myndigheter även ska ske i enlighet med värdepappersbolagsdirektivet.</P>
<P class="p623 ft22">8 b kap. Avtal om koncerninternt finansiellt stöd</P>
<P class="p680 ft118"><SPAN class="ft132">2 § </SPAN>Ett avtal om koncerninternt finansiellt stöd får ingås mellan å ena sidan ett moderinstitut i en medlemsstat, ett moderinstitut inom EES, ett finansiellt holdingföretag, ett blandat finansiellt holdingföretag<SPAN class="ft115">, </SPAN>ett holdingföretag med blandad verksamhet som är etablerat inom EES <SPAN class="ft115">eller ett värdepappersinriktat holdingföretag</SPAN>, och å andra sidan ett dotterföretag.</P>
<P class="p932 ft31">Ett företag som anges i första stycket och som uppfyller förutsättningarna för ingripande enligt 25 kap. 2 b §, får inte ingå ett avtal om koncerninternt finansiellt stöd.</P>
<P class="p933 ft2">Paragrafen innehåller bestämmelser om vilka parter som får ingå avtal om koncerninternt finansiellt stöd. Övervägandena finns i avsnitt 9.3.</P>
<P class="p124 ft2">Ändringen innebär att paragrafen även gäller för värdepappersinriktade holdingföretag, som därmed också kan ingå avtal om koncerninternt finansiellt stöd.</P>
<P class="p934 ft31"><SPAN class="ft35">4 § </SPAN>Finansinspektionen ska godkänna ett avtal om koncerninternt finansiellt stöd, om stödet</P>
<P class="p935 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">i betydande grad avhjälper de finansiella svårigheterna i det företag som tar emot det,</SPAN></P>
<P class="p122 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">syftar till att bevara eller återställa den finansiella stabiliteten i koncernen som helhet eller i något av företagen inom koncernen, och</SPAN></P>
<P class="p123 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft116">inte äventyrar den finansiella stabiliteten i ett eller flera länder inom EES, i synnerhet i det land där det stödgivande företaget finns.</SPAN></P>
<P class="p123 ft70">Dessutom ska följande krav vara uppfyllda med avseende på det stödgivande företaget:</P>
<P class="p121 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">Det kan antas att ersättningen för stödet kommer att betalas och, om det avser ett lån, även kapitalbeloppet återbetalas. Om stödet ges i form av en garanti eller annan slags säkerhet, tillämpas samma villkor på den skuld som uppkommer ifall garantin eller säkerheten utlöses.</SPAN></P>
<P class="p936 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">Det finansiella stödet ges på sådana villkor att det stödgivande företagets intressen gynnas.</SPAN></P>
<P class="p937 ft31"><SPAN class="ft31">3.</SPAN><SPAN class="ft47">Likviditeten eller solvensen i det stödgivande företaget äventyras inte till följd av tillhandahållandet av det finansiella stödet.</SPAN></P>
<P class="p124 ft70"><SPAN class="ft70">4.</SPAN><SPAN class="ft116">Det stödgivande företaget uppfyller de krav som gäller avseende kapitalbas och likviditet i </SPAN><SPAN class="ft67">värdepappersbolagsdirektivet eller </SPAN>kapitaltäckningsdirektivet samt de övriga krav som gäller enligt <SPAN class="ft67">artikel 40 i värdepappersbolagsdirektivet eller </SPAN>artikel 104a i <SPAN class="ft67">kapitaltäckningsdirektivet </SPAN>vid tidpunkten för det finansiella stödet.</P>
<P class="p132 ft31"><SPAN class="ft31">5.</SPAN><SPAN class="ft47">Det stödgivande företaget uppfyller de krav som gäller för stora exponeringar.</SPAN></P>
<P class="p935 ft70"><SPAN class="ft70">6.</SPAN><SPAN class="ft116">Det finansiella stödet leder inte till att de krav som anges i 4 eller 5 inte uppfylls.</SPAN></P>
<P class="p122 ft31"><SPAN class="ft31">7.</SPAN><SPAN class="ft47">Möjligheten till resolution av det stödgivande företaget äventyras inte till följd av det finansiella stödet.</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_255">
<TABLE cellpadding=0 cellspacing=0 class="t117">
<TR>
<TD class="tr4 td345"><P class="p18 ft31">Finansinspektionen får bevilja undantag från kraven i andra stycket 4 och 5.</P></TD>
<TD class="tr4 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
</TABLE>
<P class="p938 ft2">Paragrafen innehåller bestämmelser om Finansinspektionens godkännande av koncerninternt finansiellt stöd. Ändringen genomför delvis artikel 65 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 14.2.</P>
<P class="p483 ft2">I <SPAN class="ft3">andra stycket 4 </SPAN>införs en hänvisning till värdepappersbolagsdirektivet och de regler i det direktivet om kapitalbas och likviditet som gäller för värdepappersbolag.</P>
<P class="p939 ft22">12 kap. Tillstånd att driva en reglerad marknad</P>
<P class="p940 ft70"><SPAN class="ft114">7 § </SPAN>En börs som är aktiebolag <SPAN class="ft67">ska </SPAN>ha ett aktiekapital som med hänsyn till verk- samhetens art och omfattning är tillräckligt stort. Vid bedömningen av om aktie- kapitalet är tillräckligt <SPAN class="ft67">ska </SPAN>hänsyn tas även till andra finansiella resurser som börsen har eller kan utnyttja. För en börs som är ekonomisk förening gäller det som sägs om aktiekapital i stället summan av gjorda medlemsinsatser och förlags- insatser.</P>
<P class="p941 ft31">En börs som driver en handelsplattform <SPAN class="ft21">ska </SPAN>ha ett startkapital enligt 3 kap. 6 § första stycket <SPAN class="ft21">3</SPAN>.</P>
<P class="p921 ft2">Paragrafen innehåller bestämmelser om aktie- och startkapital för en börs. Övervägandena finns i avsnitt 8.</P>
<P class="p483 ft2">På en börs som driver en handelsplattform ställs samma krav på start- kapital som på ett värdepappersbolag som driver sådan verksamhet. Kravet på startkapital för ett värdepappersbolag som driver sådan verksamhet har hittills reglerats i 3 kap. 6 § första stycket 2, men regleras nu i stället i första stycket 3 i den paragrafen. Det innebär att kravet på minsta start- kapital sänks från 730 000 euro till 150 000 euro, se författnings- kommentaren till 3 kap. 6 §. Som en följdändring ändras hänvisningen i <SPAN class="ft3">andra stycket</SPAN>.</P>
<P class="p924 ft2">Övriga ändringar är endast språkliga.</P>
<P class="p942 ft22">13 kap. Börsens verksamhet</P>
<P class="p796 ft31"><SPAN class="ft35">1 i § </SPAN>En börs ska ha regler för minsta tillåtna prisändring för aktier, depåbevis, börshandlade fonder, certifikat och andra liknande finansiella instrument som handlas på en reglerad marknad som börsen driver. Reglerna ska</P>
<P class="p766 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">kalibreras så att de återspeglar det aktuella finansiella instrumentets likviditets- profil och den genomsnittliga skillnaden mellan köp- och säljkurs, med beaktande av möjligheten till rimligt stabila priser utan att i onödan hindra ännu mindre skillnader, och</SPAN></P>
<P class="p943 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">på lämpligt sätt justera minsta tillåtna prisändring för varje finansiellt instrument.</SPAN></P>
<P class="p167 ft21">Reglerna ska inte hindra matchning av order av stor omfattning på mittpunkten mellan aktuella köp- och säljbud.</P>
<P class="p944 ft2">Paragrafen innehåller bestämmelser om minsta tillåtna prisändring för vissa typer av finansiella instrument, s.k. <NOBR>tick-size.</NOBR> Övervägandena finns i av- snitt 14.1.3.</P>
<P class="p945 ft31"><SPAN class="ft21">Andra stycket</SPAN>, som är nytt, genomför artikel 49.1 i MiFID II, i lydelsen enligt artikel 64.5 i värdepappersbolagsdirektivet. Bestämmelsen tar sikte på</P>
<P class="p946 ft12">order av stor omfattning (<SPAN class="ft133">large in scale</SPAN>) och innebär att sådana order ska</P>
<P class="p34 ft2">255</P>
</DIV>
<DIV id="page_256">
<P class="p637 ft2">Prop. 2020/21:173 kunna matchas mellan två budsteg. Att samma regler även gäller för den som driver en MTF- eller <NOBR>OTF-plattform</NOBR> följer av 11 kap. 1 a § och för systematiska internhandlare av nya artikel 17a i MiFIR.</P>
<P class="p947 ft22">23 kap. Tillsyn</P>
<P class="p948 ft31"><SPAN class="ft35">4 § </SPAN>Finansinspektionen får när det är nödvändigt genomföra en undersökning hos</P>
<P class="p949 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft47">ett värdepappersinstitut,</SPAN></P>
<P class="p949 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">en börs,</SPAN></P>
<P class="p949 ft31"><SPAN class="ft31">3.</SPAN><SPAN class="ft47">en svensk leverantör av datarapporteringstjänster,</SPAN></P>
<P class="p949 ft31"><SPAN class="ft31">4.</SPAN><SPAN class="ft47">en clearingorganisation,</SPAN></P>
<P class="p950 ft70"><SPAN class="ft70">5.</SPAN><SPAN class="ft116">ett sådant utländskt företag som har tillstånd att driva en reglerad marknad från filial i Sverige, och</SPAN></P>
<P class="p950 ft70"><SPAN class="ft70">6.</SPAN><SPAN class="ft116">en emittent som enligt 16 kap. </SPAN><NOBR>1–3</NOBR> §§ omfattas av skyldigheten enligt samma kapitel att upprätta och offentliggöra regelbunden finansiell information.</P>
<P class="p951 ft70">Finansinspektionen får även genomföra en undersökning hos ett anknutet ombud eller hos ett företag som har fått i uppdrag av ett värdepappersinstitut att utföra visst arbete eller vissa funktioner, om det behövs för tillsynen av institutet.</P>
<P class="p952 ft21">Innan en undersökning genomförs hos ett utländskt företag som har inrättat filial enligt 4 kap. 1 § första stycket 1, ska Finansinspektionen samråda med behörig myndighet i det land inom EES som har auktoriserat det utländska företaget.</P>
<P class="p953 ft2">Paragrafen innehåller bestämmelser om Finansinspektionens platsunder- sökningar. Ändringarna genomför delvis artiklarna <NOBR>4.1–4.3,</NOBR> 14.2 andra stycket, 19 första stycket c och 39.1 i värdepappersbolagsdirektivet. Paragrafen är utformad efter förebild av 13 kap. 4 § andra stycket lagen (2004:297) om bank- och finansieringsrörelse. Övervägandena finns i av- snitt 11.3.</P>
<P class="p951 ft2"><SPAN class="ft3">Tredje stycket</SPAN>, som är nytt, innebär att Finansinspektionen, innan en platsundersökning genomförs hos en filial i Sverige till ett utländskt före- tag som hör hemma inom EES, ska samråda med den behöriga myndig- heten i det land inom EES som har auktoriserat det utländska värde- pappersföretaget.</P>
<P class="p947 ft22">25 kap. Ingripanden</P>
<P class="p645 ft31"><SPAN class="ft35">1 d § </SPAN>Finansinspektionen ska, utöver i de fall som anges i 1 a och 1 b §§, ingripa mot någon som ingår i ett värdepappersbolags styrelse eller är dess verkställande direktör, eller ersättare för någon av dem, om värdepappersbolaget</P>
<P class="p950 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">har fått tillstånd att driva värdepappersrörelse genom att lämna falska upp- gifter eller på annat otillbörligt sätt,</SPAN></P>
<P class="p954 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">inte uppfyller kraven i 3 kap. 5 § första stycket eller har tillåtit en styrelse- ledamot, verkställande direktören eller ersättare för någon av dem att åta sig ett sådant uppdrag i bolaget eller kvarstå i bolaget trots att kraven i 3 kap. 1 § första stycket 5 eller 6 eller någon av 8 kap. 8 </SPAN><NOBR>b–8</NOBR> d §§ eller i föreskrifter som meddelats med stöd av 3 kap. 12 § 2 inte är uppfyllda,</P>
<P class="p955 ft31"><SPAN class="ft31">3.</SPAN><SPAN class="ft47">åsidosatt sina skyldigheter enligt 5 kap. 4 §,</SPAN></P>
<P class="p950 ft31"><SPAN class="ft31">4.</SPAN><SPAN class="ft47">inte uppfyller kraven i någon av 8 kap. </SPAN><NOBR>3–6,</NOBR> 8 eller 8 f §§ eller i föreskrifter som meddelats med stöd av 8 kap. 35 § 1,</P>
<P class="p950 ft70"><SPAN class="ft70">5.</SPAN><SPAN class="ft116">i strid med 8 a kap. 2 eller 3 § låter bli att upprätta eller lämna in en återhämtningsplan eller en koncernåterhämtningsplan,</SPAN></P>
<P class="p956 ft2">256</P>
</DIV>
<DIV id="page_257">
<P class="p136 ft31">6. i strid med 8 b kap. 11 § låter bli att anmäla att koncerninternt finansiellt stöd <SPAN class="ft2">Prop. 2020/21:173 </SPAN>ska lämnas,</P>
<P class="p88 ft70"><SPAN class="ft70">7.</SPAN><SPAN class="ft116">i strid med 23 kap. 3 c § låter bli att underrätta Finansinspektionen om att värdepappersbolaget fallerar eller sannolikt kommer att fallera,</SPAN></P>
<P class="p91 ft31"><SPAN class="ft31">8.</SPAN><SPAN class="ft47">i strid med 24 kap. 5 § första stycket låter bli att till Finansinspektionen anmäla sådana förvärv och avyttringar som avses där,</SPAN></P>
<P class="p92 ft70"><SPAN class="ft70">9.</SPAN><SPAN class="ft116">i strid med 24 kap. 5 § tredje stycket låter bli att till Finansinspektionen anmäla namnen på de ägare som har ett kvalificerat innehav av aktier i bolaget samt storleken på innehaven,</SPAN></P>
<P class="p87 ft31"><SPAN class="ft31">10.</SPAN><SPAN class="ft34">gör betalningar till innehavare av instrument som ingår i bolagets kapitalbas</SPAN></P>
<P class="p957 ft70"><SPAN class="ft70">i</SPAN><SPAN class="ft117">strid med artikel 28, </SPAN><SPAN class="ft67">52 </SPAN>eller 63 i tillsynsförordningen, när dessa artiklar förbjuder sådana betalningar till innehavare av instrument som ingår i kapitalbasen,</P>
<P class="p88 ft70"><SPAN class="ft70">11.</SPAN><SPAN class="ft116">i strid med 28 kap. 1 § lagen (2015:1016) om resolution låter bli att lämna begärda upplysningar till Riksgäldskontoret,</SPAN></P>
<P class="p92 ft70"><SPAN class="ft70">12.</SPAN><SPAN class="ft116">har befunnits ansvarigt för en allvarlig, upprepad eller systematisk över- trädelse av lagen (2017:630) om åtgärder mot penningtvätt och finansiering av terrorism, eller föreskrifter som meddelats med stöd av den lagen,</SPAN></P>
<P class="p92 ft70"><SPAN class="ft70">13.</SPAN><SPAN class="ft116">låter bli att lämna information till Finansinspektionen eller lämnar ofull- ständig eller felaktig information om efterlevnaden av skyldigheten att uppfylla kapitalbaskraven enligt </SPAN><SPAN class="ft67">artikel 11 </SPAN>i <SPAN class="ft67">värdepappersbolagsförordningen</SPAN>, i strid med <SPAN class="ft67">artikel 54.1 b </SPAN>i den förordningen,</P>
<P class="p438 ft67"><SPAN class="ft70">14.</SPAN><SPAN class="ft116">låter bli att </SPAN>lämna information till Finansinspektionen <SPAN class="ft70">eller lämnar ofull- ständig eller felaktig information </SPAN>om koncentrationsrisker, <SPAN class="ft70">i strid med </SPAN>artikel 54 i värdepappersbolagsförordningen<SPAN class="ft70">,</SPAN></P>
<P class="p958 ft21"><SPAN class="ft31">15.</SPAN><SPAN class="ft62">utsätter sig för en koncentrationsrisk som överstiger gränserna i artikel 37 i värdepappersbolagsförordningen</SPAN><SPAN class="ft31">,</SPAN></P>
<P class="p88 ft67"><SPAN class="ft70">16.</SPAN><SPAN class="ft119">vid upprepade tillfällen eller systematiskt, i strid med artikel 43 i värde- pappersbolagsförordningen, låter bli att hålla likvida tillgångar</SPAN><SPAN class="ft70">, </SPAN>eller</P>
<P class="p331 ft29"><SPAN class="ft29">17.</SPAN><SPAN class="ft32">låter bli att lämna </SPAN><SPAN class="ft120">information </SPAN>eller lämnar ofullständig eller felaktig information<SPAN class="ft120">, i strid med bestämmelserna i del 6 i värdepappersbolagsförordningen</SPAN>.</P>
<P class="p92 ft70">Om en sådan person som avses i första stycket omfattas av tillstånds- eller underrättelseskyldighet enligt 24 kap. 1 eller 4 § för förvärv eller avyttring av aktier eller andelar i bolaget, ska första stycket 8 och 9 inte gälla för den personen</P>
<P class="p563 ft31"><SPAN class="ft31">i</SPAN><SPAN class="ft47">fråga om dessa aktier eller andelar.</SPAN></P>
<P class="p92 ft70">Ett ingripande enligt första stycket får göras endast om bolagets överträdelse är allvarlig och personen i fråga uppsåtligen eller av grov oaktsamhet orsakat överträdelsen.</P>
<P class="p132 ft31">Ingripande görs genom</P>
<P class="p92 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">beslut att personen i fråga under en viss tid, lägst tre och högst tio år, eller, för upprepade allvarliga överträdelser enligt första stycket 1, 2, 3, 8 eller 9, permanent inte får vara styrelseledamot eller verkställande direktör i ett värdepappersbolag, eller ersättare för någon av dem, eller</SPAN></P>
<P class="p132 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft34">beslut om sanktionsavgift.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t118">
<TR>
<TD class="tr2 td316"><P class="p18 ft2">Paragrafen innehåller bestämmelser om ingripande mot någon som ingår i</P></TD>
<TD class="tr2 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">ett värdepappersbolags styrelse eller är dess verkställande direktör, eller</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">ersättare för någon av dem. Ändringarna genomför delvis artikel 18 i</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 13.2.</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p39 ft2">I <SPAN class="ft3">första stycket 10 </SPAN>tas hänvisningen till lagen (2014:966) om kapital-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">buffertar, i det följande benämnd buffertlagen, bort som en följd av att den</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">lagen inte längre ska tillämpas av de värdepappersbolag som det här är</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">fråga om, dvs. de som ska tillämpa värdepappersbolagsförordningen.</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr2 td316"><P class="p18 ft2">I hänvisningen till tillsynsförordningen ersätts artikel 51 med artikel 52 så</P></TD>
<TD class="tr2 td80"><P class="p16 ft2">257</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_258">
<P class="p473 ft2">Prop. 2020/21:173 att hänvisningen överensstämmer med den i artikel 18.1 första stycket g i värdepappersbolagsdirektivet.</P>
<P class="p477 ft2">Genom ändringarna i <SPAN class="ft3">punkterna </SPAN><NOBR><SPAN class="ft3">13</SPAN>–<SPAN class="ft3">17</SPAN></NOBR><SPAN class="ft3"> </SPAN>och borttagandet av hittillsvarande <SPAN class="ft3">punkterna </SPAN><NOBR><SPAN class="ft3">18</SPAN>–<SPAN class="ft3">22</SPAN></NOBR><SPAN class="ft3"> </SPAN>anpassas bestämmelserna på så sätt att de avser överträdelser av värdepappersbolagsförordningen i stället för motsvarande bestämmelser i tillsynsförordningen.</P>
<P class="p691 ft2"><SPAN class="ft3">Punkt 13 </SPAN>innebär att Finansinspektionen kan ingripa när ett värdepappers- bolag låter bli att lämna information eller lämnar ofullständig eller felaktig information om efterlevnaden av skyldigheten att uppfylla kapitalbaskraven enligt artikel 11 i värdepappersbolagsförordningen,</P>
<P class="p477 ft2"><SPAN class="ft3">Punkt 14 </SPAN>innebär att Finansinspektionen kan ingripa när ett bolag lämnar ofullständig eller felaktig information om koncentrationsrisker.</P>
<P class="p477 ft2"><SPAN class="ft3">Punkt 15 </SPAN>innebär att ingripande kan ske när ett bolag utsätter sig för en koncentrationsrisk som överstiger gränserna i artikel 37 i värdepappersbolags- förordningen.</P>
<P class="p477 ft2"><SPAN class="ft3">Punkt 16 </SPAN>innebär att ingripande kan ske när ett värdepappersbolag upprepat eller systematiskt underlåter att hålla likvida tillgångar, i strid med artikel 43 i värdepappersbolagsförordningen.</P>
<P class="p480 ft31"><SPAN class="ft21">Punkt 17 </SPAN>innebär att ingripande kan ske när ett värdepappersbolag låter bli att lämna eller lämnar ofullständig eller felaktig information i strid med bestämmelserna i del 6 i värdepappersbolagsförordningen. De bestämmel- serna innehåller bl.a. krav på att lämna information om riskhanteringspolicy, bolagsstyrning, ersättningspolicy och investeringspolicy.</P>
<P class="p477 ft2">När det gäller ingripanden mot en person som ingår i styrelsen för ett värde- pappersbolag som ska följa tillsynsförordningen, eller är dess verkställande direktör, eller ersättare för någon av dem, se författningskommentaren till 8 kap. 1 c §.</P>
<P class="p784 ft22">Ikraftträdande- och övergångsbestämmelser</P>
<P class="p959 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">Denna lag träder i kraft den 26 juni 2021.</SPAN></P>
<P class="p477 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">Bestämmelsen i 8 kap. 1 a § tredje stycket gäller inte värdepappersbolag som vid ikraftträdandet uppfyller kriterierna för att vara ett litet och </SPAN><NOBR>icke-sammanlänkat</NOBR> värdepappersbolag.</P>
<P class="p960 ft2">Övervägandena finns i avsnitt 15.2.</P>
<P class="p490 ft2"><SPAN class="ft3">Punkt 1 </SPAN>genomför delvis artikel 67.1 i värdepappersbolagsdirektivet och innebär att ändringarna ska träda i kraft den 26 juni 2021.</P>
<P class="p477 ft2"><SPAN class="ft3">Punkt 2 </SPAN>rör ett värdepappersbolag som vid lagens ikraftträdande är litet och <NOBR>icke-sammanlänkat.</NOBR> För ett sådant bolag gäller undantaget i 8 kap. 1 a § första stycket direkt när lagen träder i kraft. Bolaget behöver alltså inte vänta i sex månader, jfr författningskommentaren till den paragrafen.</P>
<P class="p961 ft2">258</P>
</DIV>
<DIV id="page_259">
<TABLE cellpadding=0 cellspacing=0 class="t119">
<TR>
<TD class="tr32 td156"><P class="p30 ft76">17.2</P></TD>
<TD class="tr32 td299"><P class="p237 ft18">Förslaget till lag om ändring i lagen (2014:968) <SPAN class="ft134">Prop. 2020/21:173</SPAN></P></TD>
</TR>
<TR>
<TD class="tr20 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td299"><P class="p237 ft18">om särskild tillsyn över kreditinstitut och</P></TD>
</TR>
<TR>
<TD class="tr20 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td299"><P class="p237 ft18">värdepappersbolag</P></TD>
</TR>
</TABLE>
<P class="p962 ft22">1 kap. Inledande bestämmelser</P>
<P class="p963 ft31"><SPAN class="ft35">1 § </SPAN>I denna lag finns bestämmelser som kompletterar</P>
<P class="p170 ft70"><SPAN class="ft70">–</SPAN><SPAN class="ft116">Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012 (tillsynsförordningen)</SPAN><SPAN class="ft67">, och</SPAN></P>
<P class="p766 ft67"><SPAN class="ft70">– </SPAN>Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014 (värdepappersbolagsförordningen).</P>
<P class="p924 ft67">Bestämmelserna i denna lag genomför delvis</P>
<P class="p964 ft137"><SPAN class="ft135">–</SPAN><SPAN class="ft136">Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om upphävande av direktiven 2006/48/EG och 2006/49/EG,</SPAN></P>
<P class="p965 ft115"><SPAN class="ft115">i</SPAN><SPAN class="ft138">lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034 (kapitaltäckningsdirektivet), och</SPAN></P>
<P class="p766 ft115"><SPAN class="ft115">–</SPAN><SPAN class="ft139">Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU, i den ursprungliga lydelsen (värdepappersbolagsdirektivet).</SPAN></P>
<P class="p943 ft67">Bestämmelser som kompletterar tillsynsförordningen och genomför kapital- täckningsdirektivet finns i 2, 3, 4, 5 och 7 kap.</P>
<P class="p167 ft67">Bestämmelser som kompletterar värdepappersbolagsförordningen och genom- för värdepappersbolagsdirektivet finns i 2 a, 3 a, 4 a, 5 a och 7 a kap.</P>
<P class="p483 ft21">I övriga kapitel finns bestämmelser som kompletterar såväl tillsynsförordningen som värdepappersbolagsförordningen och genomför såväl kapitaltäcknings- direktivet som värdepappersbolagsdirektivet.</P>
<P class="p966 ft2">I paragrafen anges lagens innehåll. Övervägandena finns i avsnitten 6.3 och 6.4. Paragrafen är utformad i enlighet med <SPAN class="ft3">Lagrådets </SPAN>förslag.</P>
<P class="p483 ft2"><SPAN class="ft3">Första stycket </SPAN>kompletteras med en upplysning om att det i lagen finns bestämmelser som kompletterar även värdepappersbolagsförordningen.</P>
<P class="p945 ft31">I <SPAN class="ft21">andra stycket</SPAN>, som är nytt, förs det in en upplysning om att lagen inne- håller bestämmelser som delvis genomför kapitaltäckningsdirektivet och värdepappersbolagsdirektivet. Bestämmelser som genomför kapitaltäck- ningsdirektivet finns även bl.a. i lagen om bank- och finansieringsrörelse och buffertlagen. Bestämmelser som genomför värdepappersbolagsdirektivet finns även bl.a. i lagen (2007:528) om värdepappersmarknaden.</P>
<P class="p495 ft2">I <SPAN class="ft3">tredje och fjärde styckena</SPAN>, som är nya, anges vilka kapitel i lagen som är hänförliga till tillsynsförordningen och kapitaltäckningsdirektivet och vilka som är hänförliga till värdepappersbolagsförordningen och värdepappers- bolagsdirektivet.</P>
<P class="p171 ft2">I <SPAN class="ft3">femte stycket</SPAN>, som är nytt, anges att övriga kapitel kompletterar såväl tillsynsförordningen som värdepappersbolagsförordningen och genomför såväl kapitaltäckningsdirektviet som värdepappersbolagsdirektivet.</P>
<P class="p483 ft2">Hänvisningarna till förordningarna är dynamiska och hänvisningarna till direktiven är statiska.</P>
<P class="p967 ft2">259</P>
</DIV>
<DIV id="page_260">
<P class="p558 ft31"><SPAN class="ft2">Prop. 2020/21:173 </SPAN><SPAN class="ft35">2 § </SPAN>I denna lag betyder</P>
<P class="p474 ft21">1<SPAN class="ft31">. </SPAN>blandat finansiellt moderholdingföretag inom EES<SPAN class="ft31">:</SPAN></P>
<P class="p476 ft70"><SPAN class="ft70">a)</SPAN><SPAN class="ft117">i 4 a kap., ett företag som avses i artikel 4.1.58 i värdepappersbolags- förordningen,</SPAN></P>
<P class="p474 ft31"><SPAN class="ft31">b)</SPAN><SPAN class="ft47">i övrigt, ett företag som avses i artikel 4.1.33 i tillsynsförordningen,</SPAN></P>
<P class="p479 ft21">2. dotterföretag:</P>
<P class="p476 ft67"><SPAN class="ft67">a)</SPAN><SPAN class="ft119">i 3 a och 4 a kap., ett företag som avses i artikel 4.1.51 i värdepappers- bolagsförordningen,</SPAN></P>
<P class="p476 ft67"><SPAN class="ft67">b)</SPAN><SPAN class="ft119">i 6 kap. 1 §, i fråga om värdepappersföretagskoncerner som avses i artikel 7 eller 8 i värdepappersbolagsförordningen, ett företag som avses i a,</SPAN></P>
<P class="p505 ft21"><SPAN class="ft21">c)</SPAN><SPAN class="ft62">i övrigt, ett företag som avses i artikel 4.1.16 i tillsynsförordningen,</SPAN></P>
<P class="p479 ft67"><SPAN class="ft67">3.</SPAN><SPAN class="ft119">EES</SPAN><SPAN class="ft70">: </SPAN>Europeiska ekonomiska samarbetsområdet,</P>
<P class="p479 ft67"><SPAN class="ft67">4.</SPAN><SPAN class="ft119">holdingföretag med blandad verksamhet:</SPAN></P>
<P class="p490 ft115"><SPAN class="ft115">a)</SPAN><SPAN class="ft139">i 6 kap. 1 och 8 §§ och 8 kap. 2 och 4 §§, i fråga om värdepappersföretags- koncerner som avses i artikel 53 i värdepappersbolagsdirektivet, ett företag som avses i artikel 4.1.26 i samma direktiv,</SPAN></P>
<P class="p474 ft67"><SPAN class="ft67">b)</SPAN><SPAN class="ft119">i övrigt, ett företag som avses i artikel 4.1.22 i tillsynsförordningen,</SPAN></P>
<P class="p479 ft67">5<SPAN class="ft70">. </SPAN>institut<SPAN class="ft70">: </SPAN>detsamma som i artikel 4.1.3 i tillsynsförordningen,</P>
<P class="p479 ft67"><SPAN class="ft67">6.</SPAN><SPAN class="ft119">konsoliderad situation: detsamma som i artikel 4.1.47 i tillsynsförordningen,</SPAN></P>
<P class="p479 ft67"><SPAN class="ft67">7.</SPAN><SPAN class="ft119">kreditinstitut</SPAN><SPAN class="ft70">:</SPAN></P>
<P class="p968 ft118"><SPAN class="ft115">a) ett kreditinstitut </SPAN>enligt lagen (2004:297) om bank- och finansieringsrörelse<SPAN class="ft115">, b) </SPAN>Svenska skeppshypotekskassan<SPAN class="ft115">,</SPAN></P>
<P class="p479 ft67">c) ett värdepappersbolag med tillstånd att som sidotjänst ta emot kunders medel</P>
<P class="p899 ft67">på konto för att underlätta värdepappersrörelsen enligt 2 kap. 2 § första stycket 8 lagen (2007:528) om värdepappersmarknaden,</P>
<P class="p476 ft21"><SPAN class="ft21">d)</SPAN><SPAN class="ft62">ett svenskt aktiebolag som är ett sådant värdepappersföretag som avses i artikel 1.2 a eller b i värdepappersbolagsförordningen,</SPAN></P>
<P class="p476 ft115"><SPAN class="ft115">e)</SPAN><SPAN class="ft140">ett värdepappersbolag för vilket ett beslut av Finansinspektionen enligt 3 a § gäller, och</SPAN></P>
<P class="p476 ft67"><SPAN class="ft67">f)</SPAN><SPAN class="ft141">ett svenskt aktiebolag som är ett sådant värdepappersföretag som avses i artikel 1.5 i värdepappersbolagsförordningen,</SPAN></P>
<P class="p479 ft67">8. litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag: ett värdepappersbolag som</P>
<P class="p899 ft67">anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersföretag enligt artikel 12.1 i värdepappersbolagsförordningen,</P>
<P class="p479 ft67">9. moderföretag:</P>
<P class="p476 ft67"><SPAN class="ft67">a)</SPAN><SPAN class="ft119">i 3 a och 4 a kap., 6 kap. 2 § andra stycket och 7 a kap. 1 §, ett företag som avses i 4.1.42 i värdepappersbolagsförordningen,</SPAN></P>
<P class="p476 ft115"><SPAN class="ft115">b)</SPAN><SPAN class="ft139">i 10 kap. 2 § 3, i fråga om moderföretag som avses i 6 kap. 2 § andra stycket, ett företag som avses i a,</SPAN></P>
<P class="p479 ft67"><SPAN class="ft67">c)</SPAN><SPAN class="ft119">i övrigt, ett företag som avses i artikel 4.1.15 i tillsynsförordningen,</SPAN></P>
<P class="p479 ft67"><SPAN class="ft67">10.</SPAN><SPAN class="ft119">på gruppnivå: detsamma som i artikel 4.1.48 i tillsynsförordningen,</SPAN></P>
<P class="p479 ft67"><SPAN class="ft67">11.</SPAN><SPAN class="ft119">på undergruppsnivå: detsamma som i artikel 4.1.49 i tillsynsförordningen,</SPAN></P>
<P class="p476 ft115"><SPAN class="ft115">12.</SPAN><SPAN class="ft139">systemrisk: detsamma som i 1 kap. 2 § 12 lagen (2014:966) om kapital- buffertar,</SPAN></P>
<P class="p476 ft67"><SPAN class="ft135">13.</SPAN><SPAN class="ft119">värdepappersbolag</SPAN><SPAN class="ft70">: ett </SPAN>värdepappersbolag som avses i 1 kap. 4 b § lagen om värdepappersmarknaden, utom sådana värdepappersbolag som avses i 7 <NOBR>c<SPAN class="ft70">–</SPAN>f,</NOBR></P>
<P class="p476 ft67"><SPAN class="ft67">14.</SPAN><SPAN class="ft119">värdepappersföretagskoncern: detsamma som i artikel 4.1.25 i värdepappersbolagsförordningen,</SPAN></P>
<P class="p476 ft67"><SPAN class="ft67">15.</SPAN><SPAN class="ft119">värdepappersinriktat holdingföretag: ett företag som avses i artikel 4.1.23 i värdepappersbolagsförordningen,</SPAN></P>
<P class="p479 ft67"><SPAN class="ft67">16.</SPAN><SPAN class="ft119">värdepappersinriktat moderholdingföretag inom EES: ett företag som avses</SPAN></P>
<P class="p540 ft67">i artikel 4.1.57 i värdepappersbolagsförordningen.</P>
<P class="p476 ft31">Termer och uttryck i övrigt i denna lag har samma betydelse som i tillsyns- förordningen.</P>
<P class="p969 ft2">260</P>
</DIV>
<DIV id="page_261">
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr2 td81"><P class="p18 ft31">Paragrafen innehåller definitioner. Ändringarna genomför delvis artikel 3.1.21</P></TD>
<TD class="tr2 td49"><P class="p16 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">och artikel 3.1.6, 3.1.9, 3.1.20, 3.1.21, 3.1.26, <NOBR>3.1.28–3.1.30,</NOBR> 3.1.32 och 3.1.33</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft31">i värdepappersbolagsdirektivet. Övervägandena finns i avsnitten 6.3 och 9.3.</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p39 ft2">Vissa av definitionerna innebär att en term har olika innebörd i</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2">bestämmelserna i lagen. Det är en följd av att bestämmelserna i lagen</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">genomför två olika regelverk, kapitaltäckningsdirektivet och värde-</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">pappersbolagsdirektivet, där termen i fråga definieras olika.</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p39 ft2">Definitionen av blandat finansiellt moderholdingföretag i <SPAN class="ft3">första</SPAN></P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft3">stycket 1 <SPAN class="ft2">är ny.</SPAN></P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p39 ft2">Definitionen av dotterföretag i <SPAN class="ft3">första stycket 2 </SPAN>är ny.</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p39 ft2">Definitionen av EES finns i <SPAN class="ft3">första stycket 3</SPAN>.</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p39 ft2">Definitionen av holdingföretag med blandad verksamhet i <SPAN class="ft3">första</SPAN></P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft3">stycket 4 <SPAN class="ft2">är ny.</SPAN></P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p39 ft2">Definitionen av institut i <SPAN class="ft3">första stycket 5 </SPAN>anpassas till tillsynsför-</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">ordningen (artikel 4.1.3). Med institut avses framför allt kreditinstitut som</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">har auktoriserats enligt artikel 8 i kapitaltäckningsdirektivet, dvs. kredit-</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2">institut enligt definitionen i lagen om bank- och finansieringsrörelse och</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">motsvarande utländska företag inom EES. Termen institut förekommer i</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">8 och 9 §§ och i 8 kap. 2 a §.</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p39 ft2">Definitionen av konsoliderad situation i <SPAN class="ft3">första stycket 6 </SPAN>är ny och för-</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">tydligar att uttrycket har samma innebörd som i tillsynsförordningen, dvs.</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">den situation som blir resultatet av att kraven i del ett, avdelning II</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2">kapitel 2 i den förordningen tillämpas på ett institut på samma sätt som om</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">det institutet, tillsammans med ett eller flera andra enheter, utgjorde ett</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">enda institut.</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p39 ft2">Definitionen av kreditinstitut i <SPAN class="ft3">första stycket 7 </SPAN>utvidgas till att omfatta</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">värdepappersbolag med tillstånd att ta emot kunders medel på konto för</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">att underlätta värdepappersrörelsen (<SPAN class="ft3">led c</SPAN>), värdepappersbolag som avses</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2">i artikel 1.2 a och b (<SPAN class="ft3">led d</SPAN>) och värdepappersbolag som avses i artikel 1.5</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">i värdepappersbolagsförordningen (<SPAN class="ft3">led f</SPAN>). <SPAN class="ft3">Led e </SPAN>(ett värdepappersbolag för</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">vilket ett beslut av Finansinspektionen enligt 3 a § gäller) syftar på värde-</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2">pappersbolag som avses i artikel 1.2 första stycket c i värdepappersbolags-</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">förordningen. Dessa värdepappersbolag ska behandlas som kreditinstitut</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">vid tillämpningen av tillsynsförordningen och artiklarna <NOBR>49–144</NOBR> i kapital-</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2">täckningsdirektivet.</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p39 ft2">Definitionen av ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag i</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2"><SPAN class="ft3">första stycket 8 </SPAN>är ny och hänvisar till definitionen i artikel 12.1 i värde-</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2">pappersbolagsförordningen.</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p39 ft2">Definitionen av moderföretag i <SPAN class="ft3">första stycket 9 </SPAN>är ny.</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p39 ft2">Definitionerna av uttrycken på gruppnivå och på undergruppsnivå i</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2"><SPAN class="ft3">första stycket 10 </SPAN>är nya och förtydligar att de har samma innebörd som i</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">tillsynsförordningen, dvs. på grundval av den konsoliderade situationen</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">(på gruppnivå) och på grundval av den konsoliderade situationen i ett</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2">moderinstitut, det finansiella holdingföretaget eller blandade finansiella</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">holdingföretaget exklusive en undergrupp av enheter eller på grundval av</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">den konsoliderade situationen i ett moderinstitut, finansiellt holding-</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2">företag eller blandat finansiellt holdingföretag som inte är det yttersta</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">moderinstitutet, finansiella holdingföretaget eller blandade finansiella</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P class="p18 ft2">holdingföretaget (på undergruppsnivå).</P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p39 ft2">Definitionen av systemrisk i <SPAN class="ft3">första stycket 12 </SPAN>är ny och genomför arti-</P></TD>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2">kel 3.1.30 i värdepappersbolagsdirektivet. I definitionen hänvisas till defini-</P></TD>
<TD class="tr5 td49"><P class="p16 ft2">261</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_262">
<P class="p558 ft2">Prop. 2020/21:173 tionen av systemrisk i buffertlagen, som genomför definitionen av</P>
<P class="p489 ft2">systemrisk i artikel 3.1.10 i kapitaltäckningsdirektivet.</P>
<P class="p490 ft2">Ändringen av definitionen av värdepappersbolag i <SPAN class="ft3">första stycket 13 </SPAN>genomför artikel 3.1.19 i värdepappersbolagsdirektivet. Den innebär att värdepappersbolag med tillstånd att ta emot kunders medel på konto för att underlätta värdepappersrörelsen inte ingår i definitionen av värde- pappersbolag. Sådana företag omfattas i stället av definitionen av kredit- institut.</P>
<P class="p562 ft2">Definitionen av värdepappersföretagskoncern i <SPAN class="ft3">första stycket 14 </SPAN>är ny och hänvisar till definitionen i artikel 4.1.25 i värdepappersbolagsförord- ningen.</P>
<P class="p490 ft2">Definitionen av värdepappersinriktat holdingföretag i <SPAN class="ft3">första stycket 15 </SPAN>är ny och hänvisar till definitionen i artikel 4.1.23 i värdepappersbolags- förordningen.</P>
<P class="p477 ft2">Definitionen av värdepappersinriktat moderholdingföretag inom EES i <SPAN class="ft3">första stycket 16 </SPAN>är ny och hänvisar till definitionen i artikel 4.1.57 i värde- pappersbolagsförordningen.</P>
<P class="p477 ft2">I <SPAN class="ft3">andra stycket </SPAN>anges att termer och uttryck i övrigt i lagen har samma betydelse som i tillsynsförordningen.</P>
<P class="p477 ft2">Kommissionen får anta delegerade akter för att förtydliga definitionerna av värdepappersföretag och systemrisk i värdepappersbolagsdirektivet (artikel 3.2).</P>
<P class="p926 ft67"><SPAN class="ft127">3 a § </SPAN>Finansinspektionen får besluta att tillsynsförordningen ska tillämpas i fråga om ett värdepappersbolag</P>
<P class="p970 ft120"><SPAN class="ft120">1.</SPAN><SPAN class="ft142">vars konsoliderade tillgångar, beräknade som ett genomsnitt för den senaste sammanhängande tolvmånadersperioden, motsvarar minst fem miljarder euro, och</SPAN></P>
<P class="p490 ft115"><SPAN class="ft115">2.</SPAN><SPAN class="ft139">som driver verksamhet som omfattar investeringstjänster eller investerings- verksamhet som avses i 2 kap. 1 § 3 eller 6 lagen (2007:528) om värdepappers- marknaden men som inte är råvaruhandlare eller utsläppsrättshandlare.</SPAN></P>
<P class="p474 ft67">Första stycket gäller om</P>
<P class="p476 ft67"><SPAN class="ft67">1.</SPAN><SPAN class="ft119">värdepappersbolagets verksamhet har en sådan omfattning att en systemrisk skulle kunna uppstå om bolaget fallerar eller hamnar i kris,</SPAN></P>
<P class="p479 ft21"><SPAN class="ft21">2.</SPAN><SPAN class="ft62">värdepappersbolaget är clearingmedlem, eller</SPAN></P>
<P class="p490 ft115"><SPAN class="ft115">3.</SPAN><SPAN class="ft139">Finansinspektionen anser att det är motiverat mot bakgrund av värdepappers- bolagets verksamhet och dess storlek, art, omfattning och komplexitet med beaktande av</SPAN></P>
<P class="p474 ft67">a) betydelsen för EES eller Sveriges ekonomi,</P>
<P class="p971 ft21">b) betydelsen av bolagets gränsöverskridande verksamhet, eller c) bolagets sammanlänkning med det finansiella systemet.</P>
<P class="p665 ft31">Paragrafen, som är ny, innehåller bestämmelser om att Finansinspektionen i vissa fall får besluta att kraven i tillsynsförordningen ska gälla för ett värde- pappersbolag i stället för kraven i värdepappersbolagsförordningen. Para- grafen genomför artikel <NOBR>5.1–5.3</NOBR> och delvis artikel 5.5 i värdepappers- bolagsdirektivet. Övervägandena finns i avsnitt 7.2.</P>
<P class="p480 ft2">Av <SPAN class="ft3">första stycket </SPAN>följer att möjligheten att besluta om att tillsynsför- ordningen ska tillämpas gäller för stora värdepappersbolag (konsoliderade tillgångar motsvarande fem miljarder euro eller mer) som inte är råvaru- eller utsläppshandlare (se definitioner i artikel 4.1.150 i tillsyns- förordningen) och som driver handel för egen räkning eller portfölj-</P>
<P class="p540 ft66">förvaltning. Ett sådant beslut innebär att värdepappersbolag blir ett sådant</P>
<P class="p14 ft2">262</P>
</DIV>
<DIV id="page_263">
<P class="p329 ft2">värdepappersföretag som avses i artikel 1.2 första stycket c i värdepappers- Prop. 2020/21:173 bolagsförordningen. Förutsättningarna i <SPAN class="ft3">andra stycket </SPAN><NOBR><SPAN class="ft3">1</SPAN>–<SPAN class="ft3">3</SPAN>,</NOBR> för ett sådant</P>
<P class="p439 ft2">beslut är alternativa. Systemrisk i <SPAN class="ft3">punkt 1 </SPAN>definieras i 2 § första stycket 6 och clearingmedlem i <SPAN class="ft3">punkt 2 </SPAN>definieras i artikel 4.1.3 i värdepappers- bolagsförordningen.</P>
<P class="p972 ft67"><SPAN class="ft127">3 b § </SPAN>Finansinspektionen får upphäva ett beslut enligt 3 a § och ska i så fall utan dröjsmål underrätta värdepappersbolaget om detta.</P>
<P class="p391 ft21">Ett beslut enligt 3 a § upphör att gälla om värdepappersbolagets konsoliderade tillgångar understiger det belopp som anges där, beräknat som ett genomsnitt för den senaste sammanhängande tolvmånadersperioden.</P>
<P class="p973 ft2">Paragrafen, som är ny, innehåller bestämmelser om när ett beslut enligt 3 a § upphör att gälla. Paragrafen genomför artikel 5.4 och delvis artikel 5.5 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 7.2.</P>
<P class="p89 ft2">Paragrafen gäller situationen när ett värdepappersbolag inte längre ska tillämpa tillsynsförordningen. Det kan bli fallet efter ett särskilt beslut, enligt första stycket, eller utan något särskilt beslut enligt andra stycket. Det senare gäller om bolagets konsoliderade tillgångar understiger det belopp som anges i 3 a § första stycket.</P>
<P class="p974 ft31"><SPAN class="ft35">4 § </SPAN>Finansinspektionen är behörig myndighet enligt tillsynsförordningen <SPAN class="ft21">och värdepappersbolagsförordningen </SPAN>och utövar tillsyn över att <SPAN class="ft21">förordningarna </SPAN>och denna lag följs.</P>
<P class="p92 ft70">Finansinspektionen är ansvarig myndighet enligt artiklarna 124, 164 och 458 i tillsynsförordningen.</P>
<P class="p89 ft31">I fråga om tillsynen och möjlighet att ingripa mot <SPAN class="ft21">kreditinstitut och värde- pappersbolag </SPAN>gäller bestämmelserna i de lagar som reglerar <SPAN class="ft21">företagens </SPAN>verk- samhet, om inte annat följer av denna lag.</P>
<P class="p975 ft2">Paragrafen innehåller bl.a. bestämmelser om behörig myndighet. Ändringarna genomför delvis artikel 4.1 och 4.2 i värdepappersbolagsdirektivet. Över- vägandena finns i avsnitt 6.5.</P>
<P class="p89 ft2">Ändringen i <SPAN class="ft3">första stycket </SPAN>innebär att Finansinspektionen är behörig myndighet även enligt värdepappersbolagsförordningen.</P>
<P class="p330 ft31"><SPAN class="ft35">8 § </SPAN>Finansinspektionen ska bevilja godkännande, om</P>
<P class="p92 ft118"><SPAN class="ft118">1.</SPAN><SPAN class="ft126">arbetsfördelningen inom gruppen är sådan att kraven i tillsynsförordningen, denna lag och lagen (2014:966) om kapitalbuffertar kan uppfyllas på grupp- eller undergruppsnivå,</SPAN></P>
<P class="p92 ft118"><SPAN class="ft118">2.</SPAN><SPAN class="ft126">organisationsstrukturen inte hindrar en effektiv tillsyn över att institut inom gruppen uppfyller de krav som avses i 1 på individuell nivå och grupp- och undergruppsnivå,</SPAN></P>
<P class="p89 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft116">den som ska ingå i ledningen för holdingföretaget har tillräcklig insikt och erfarenhet för att delta i ledningen av företaget och även i övrigt är lämplig för uppgiften, och</SPAN></P>
<P class="p88 ft70"><SPAN class="ft70">4.</SPAN><SPAN class="ft116">när holdingföretaget har ett eller flera kreditinstitut </SPAN><SPAN class="ft67">som avses i 2 § första stycket 7 a eller motsvarande utländska företag inom EES </SPAN>som dotterföretag,</P>
<P class="p87 ft70">a) information lämnas om större ägare i institutet,</P>
<P class="p89 ft31">b) den som har eller kan förväntas komma att få ett kvalificerat innehav i institutet bedöms lämplig att utöva ett väsentligt inflytande över ledningen av institutet, och</P>
<P class="p976 ft2">263</P>
</DIV>
<DIV id="page_264">
<P class="p473 ft31"><SPAN class="ft2">Prop. 2020/21:173 </SPAN>c) institutets nära förbindelser med andra företag inte hindrar en effektiv tillsyn av institutet.</P>
<P class="p892 ft2">Paragrafen innehåller bestämmelser om krav på godkännande av finansiella holdingföretag och blandade finansiella holdingföretag. Över- vägandena finns i avsnitt 6.3.</P>
<P class="p480 ft2">Paragrafen gäller den konsoliderade situationen, dvs. kan ta sikte på svenska och utländska företag. Ändringen i <SPAN class="ft3">punkt 4 </SPAN>är en följd av att defini- tionen av institut och kreditinstitut får en ny innebörd, se författnings- kommentaren till 2 §. Det görs också en rättelse genom att det kommer till uttryck att bestämmelsen gäller svenska och utländska företag.</P>
<P class="p977 ft70"><SPAN class="ft114">9 § </SPAN>Finansinspektionen ska medge undantag från kravet på godkännande, om 1. den huvudsakliga verksamheten är att</P>
<P class="p476 ft70"><SPAN class="ft70">a)</SPAN><SPAN class="ft117">förvärva eller inneha aktier eller andelar i dotterföretag, när det gäller ett finansiellt holdingföretag, eller</SPAN></P>
<P class="p476 ft70"><SPAN class="ft70">b)</SPAN><SPAN class="ft116">förvärva eller inneha aktier eller andelar i dotterföretag som är institut eller finansiella institut, när det gäller ett blandat finansiellt holdingföretag,</SPAN></P>
<P class="p476 ft70">2. holdingföretaget inte har utsetts till resolutionsenhet i någon av gruppens resolutionsgrupper,</P>
<P class="p476 ft70">3. ett dotterföretag som är ett kreditinstitut <SPAN class="ft67">eller ett motsvarande utländskt företag inom EES </SPAN>ansvarar för att säkerställa att kraven i 3 kap. 2 § uppfylls,</P>
<P class="p476 ft70">4. holdingföretaget inte medverkar till att påverka driften av gruppen eller dotterföretag som är institut eller finansiella institut, och</P>
<P class="p479 ft31">5. det inte finns något som hindrar en effektiv tillsyn på gruppnivå.</P>
<P class="p978 ft2">Paragrafen innehåller bestämmelser om undantag från krav på godkännan- de av finansiella holdingföretag och blandade finansiella holdingföretag.</P>
<P class="p480 ft2">Paragrafen gäller den konsoliderade situationen, dvs. den kan ta sikte på svenska och utländska företag. I <SPAN class="ft3">punkt 3 </SPAN>görs en rättelse genom att det kommer till uttryck att bestämmelsen gäller svenska och utländska företag.</P>
<P class="p801 ft22">2 kap. Särskilda kapitalbas- och likviditetskrav <SPAN class="ft61">för kreditinstitut</SPAN></P>
<P class="p979 ft70"><SPAN class="ft114">1 § </SPAN>Finansinspektionen ska besluta att ett <SPAN class="ft67">kreditinstitut </SPAN>utöver den kapitalbas som krävs enligt tillsynsförordningen ska uppfylla</P>
<P class="p474 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft47">ett särskilt kapitalbaskrav för risken för alltför låg bruttosoliditet, och</SPAN></P>
<P class="p479 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">ett särskilt kapitalbaskrav för andra risker.</SPAN></P>
<P class="p479 ft70">Första stycket gäller om</P>
<P class="p490 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">något av kraven i 6 kap. </SPAN><NOBR>1–3,</NOBR> 4 a, 4 b och 5 §§ lagen (2004:297) om bank- och finansieringsrörelse inte är uppfyllt och det inte är sannolikt att någon annan åtgärd är tillräcklig för att komma till rätta med bristen inom rimlig tid,</P>
<P class="p475 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">ett särskilt kapitalbaskrav är nödvändigt för att täcka risker som institutet är eller kan bli exponerat för,</SPAN></P>
<P class="p980 ft31"><SPAN class="ft31">3.</SPAN><SPAN class="ft47">det är sannolikt att institutet inom tolv månader inte längre kommer att uppfylla sina skyldigheter enligt 1,</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">4.</SPAN><SPAN class="ft116">institutet vid upprepade tillfällen låtit bli att följa en underrättelse enligt 1 c §,</SPAN></P>
<P class="p540 ft70">eller</P>
<P class="p476 ft70"><SPAN class="ft70">5.</SPAN><SPAN class="ft116">det i övrigt har framkommit omständigheter som inger betänkligheter från tillsynssynpunkt.</SPAN></P>
<P class="p476 ft31">Beslutet ska vara skriftligt och fattas på grundval av en översyn och utvärdering av institutet.</P>
<P class="p843 ft2">264</P>
</DIV>
<DIV id="page_265">
<P class="p329 ft2">Paragrafen innehåller bestämmelser om att Finansinspektionen kan fatta Prop. 2020/21:173 beslut om ett särskilt kapitalbaskrav. Övervägandena finns i avsnitten 6.3</P>
<P class="p14 ft2">och 13.4.1.</P>
<P class="p89 ft2">Ändringarna i <SPAN class="ft3">första </SPAN>och <SPAN class="ft3">andra styckena </SPAN>är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §. Ändringarna innebär att bestämmelserna bara gäller för kreditinstitut. För värdepappersbolag gäller i stället de förutsättningar för att besluta om ett särskilt kapitalbaskrav som anges i nya 2 a kap. 1 §, se författnings- kommentaren till den paragrafen.</P>
<P class="p981 ft31"><SPAN class="ft35">1 c § </SPAN>I samband med en översyn och utvärdering av ett <SPAN class="ft21">kreditinstitut </SPAN>ska Finans- inspektionen bestämma lämpliga kapitalbasnivåer för institutet. Inspektionen ska underrätta institutet om skillnaden mellan dessa nivåer och kapitalbaskraven enligt tillsynsförordningen, denna lag och lagen (2014:966) om kapitalbuffertar.</P>
<P class="p566 ft2">Paragrafen innehåller bestämmelser om att Finansinspektionen kan besluta om en lämplig kapitalbasnivå och underrätta det berörda institutet om detta. Övervägandena finns i avsnitten 6.3 och 13.4.1.</P>
<P class="p982 ft2">Ändringen är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §. Ändringen innebär att bestäm- melserna bara gäller för kreditinstitut. För värdepappersbolag införs i stället en möjlighet för Finansinspektionen att besluta om en kapitalbasnivå, som med tillräcklig marginal överstiger kraven enligt värdepappersbolags- förordningen. Det syftar till att säkerställa att konjunktursvängningar inte leder till överträdelser av kapitalkraven eller hotar bolagets förmåga att avveckla och lägga ned verksamheten på ett ordnat sätt, se nya 2 a kap. 2 § och författningskommentaren till den paragrafen.</P>
<P class="p983 ft70"><SPAN class="ft114">1 e § </SPAN>Finansinspektionen får avstå från att besluta om ett särskilt kapitalbaskrav om en överträdelse är ringa eller ursäktlig, om <SPAN class="ft67">kreditinstitutet </SPAN>gör rättelse eller om någon annan myndighet har vidtagit åtgärder mot institutet och dessa åtgärder bedöms tillräckliga.</P>
<P class="p984 ft31">Bestämmelserna i 1 § gäller inte om överträdelsen är så allvarlig att verksam- hetstillståndet i stället ska återkallas.</P>
<P class="p566 ft2">Paragrafen innehåller bestämmelser om att Finansinspektionen får avstå från att fatta beslut om ett särskilt kapitalbaskrav under vissa förutsätt- ningar. Övervägandena finns i avsnitten 6.3 och 13.4.1.</P>
<P class="p982 ft2">Ändringen är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §. Ändringen innebär att bestämmel- serna bara gäller för kreditinstitut. För värdepappersbolag gäller mot- svarande förutsättningar att avstå från att fatta ett beslut om ett särskilt kapitalbaskrav enligt nya 2 a kap. 1 § tredje och fjärde styckena.</P>
<P class="p983 ft70"><SPAN class="ft114">1 f § </SPAN>Finansinspektionen ska informera Riksgäldskontoret och berörda utländska resolutionsmyndigheter om</P>
<P class="p87 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft34">beslut om särskilda kapitalbaskrav </SPAN><SPAN class="ft21">enligt 1 §</SPAN>, och</P>
<P class="p65 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft34">underrättelser enligt 1 c §.</SPAN></P>
<P class="p985 ft2">265</P>
</DIV>
<DIV id="page_266">
<P class="p497 ft2">Prop. 2020/21:173 Paragrafen innehåller bestämmelser om underrättelseskyldighet för Finansinspektionen i förhållande till Riksgäldskontoret och berörda utländska resolutionsmyndigheter. Övervägandena finns i avsnitt 12.5.</P>
<P class="p498 ft2">I <SPAN class="ft3">punkt 1 </SPAN>förtydligas att underrättelseskyldigheten som avses rör beslut om särskilda kapitalbaskrav för kreditinstitut enligt 1 §. Förtydligandet motiveras av att även det införs en ny paragraf, 2 a kap. 1 §, enligt vilken Finansinspektionen kan fatta beslut om särskilda kapitalbaskrav för värdepappersbolag.</P>
<P class="p805 ft31"><SPAN class="ft35">2 § </SPAN>Finansinspektionen ska besluta att ett <SPAN class="ft21">kreditinstitut </SPAN>ska uppfylla ett särskilt likviditetskrav, om det är nödvändigt för att täcka de likviditetsrisker som <SPAN class="ft21">institutet </SPAN>är eller kan bli exponerat för<SPAN class="ft21">.</SPAN></P>
<P class="p892 ft2">Paragrafen innehåller bestämmelser om särskilt likviditetskrav för kredit- institut. Övervägandena finns i avsnitten 6.3 och 13.4.3.</P>
<P class="p490 ft2">Ändringarna i paragrafen är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p926 ft70"><SPAN class="ft114">3 § </SPAN>Finansinspektionen får tillämpa bestämmelserna om ingripande i de lagar som reglerar <SPAN class="ft67">kreditinstitutets </SPAN>verksamhet, om <SPAN class="ft67">institutet </SPAN>inte uppfyller ett särskilt kapitalbaskrav som beslutats enligt 1 § eller ett särskilt likviditetskrav som beslutats enligt 2 §.</P>
<P class="p477 ft70">Om ett <SPAN class="ft67">kreditinstitut </SPAN>uppfyller kapitalbaskravet enligt tillsynsförordningen och de särskilda kapitalbaskrav som följer av beslut enligt 1 §, men inte kravet på en bruttosoliditetsbuffert i artikel 92.1a i tillsynsförordningen eller kraven enligt lagen (2014:966) om kapitalbuffertar, ska bestämmelserna om ingripande i 8 kap. lagen om kapitalbuffertar tillämpas.</P>
<P class="p986 ft2">Paragrafen innehåller bestämmelser om ingripande om ett kreditinstitut inte uppfyller ett särskilt kapitalbaskrav eller ett särskilt likviditetskrav. Övervägandena finns i avsnitten 6.3 och 13.4.1.</P>
<P class="p477 ft2">Ändringarna är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p801 ft61">2 a kap. Särskilda kapitalbas- och likviditetskrav för värdepappersbolag</P>
<P class="p559 ft2">Kapitlet är nytt och innehåller bestämmelser om särskilda kapitalbas- och likviditetskrav för värdepappersbolag. Genom bestämmelserna genomförs artiklarna 39.2 a och k och <NOBR>40–43</NOBR> i värdepappersbolagsdirektivet.</P>
<P class="p986 ft67"><SPAN class="ft127">1 § </SPAN>Finansinspektionen ska besluta att ett värdepappersbolag ska uppfylla ett särskilt kapitalbaskrav utöver den kapitalbas som krävs enligt värdepappers- bolagsförordningen, om</P>
<P class="p498 ft67"><SPAN class="ft67">1.</SPAN><SPAN class="ft119">något av kraven i 8 kap. 3 §, 4 § första eller tredje stycket, 4 c och </SPAN><NOBR>5–8</NOBR> §§ lagen (2007:528) om värdepappersmarknaden inte är uppfyllt och det inte är sannolikt att någon annan åtgärd är tillräcklig för att få bolaget att rätta till bristerna inom rimlig tid,</P>
<P class="p562 ft21"><SPAN class="ft21">2.</SPAN><SPAN class="ft62">ett särskilt kapitalbaskrav är nödvändigt för att täcka väsentliga risker som bolaget är eller kan bli exponerat för och väsentliga risker som bolaget utsätter det finansiella systemet för,</SPAN></P>
<P class="p476 ft143"><SPAN class="ft143">3.</SPAN><SPAN class="ft144">bolaget, under normala marknadsförhållanden, inte skulle kunna avveckla positioner i handelslagret under kort tid utan att göra betydande förluster,</SPAN></P>
<P class="p102 ft2">266</P>
</DIV>
<DIV id="page_267">
<P class="p136 ft21">4. granskningen av de interna modellerna enligt 5 a kap. visar att bolagets <SPAN class="ft2">Prop. 2020/21:173 </SPAN>brister avseende kraven för att tillämpa de interna modellerna sannolikt kommer</P>
<P class="p14 ft21">att leda till otillräckliga kapitalnivåer, eller</P>
<P class="p88 ft67"><SPAN class="ft67">5.</SPAN><SPAN class="ft119">bolaget vid upprepade tillfällen låter bli att skaffa eller bibehålla tillräckliga nivåer av ytterligare kapital enligt 3 §.</SPAN></P>
<P class="p88 ft67">Ett beslut enligt första stycket ska vara skriftligt och grunda sig på översyn och utvärdering av värdepappersbolaget.</P>
<P class="p89 ft21">Finansinspektionen får fatta beslut enligt denna paragraf även i fråga om ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag, om inspektionen anser att det är motiverat.</P>
<P class="p987 ft31">Paragrafen, som motsvarar 2 kap. 1 §, innehåller bestämmelser om att Finans- inspektionen i vissa situationer ska besluta att ett värdepappersbolag ska uppfylla ett särskilt kapitalbaskrav. Paragrafen genomför artiklarna 39.2 a och 40 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 13.4.1. Paragrafen är utformad i enlighet med <SPAN class="ft21">Lagrådets </SPAN>förslag.</P>
<P class="p982 ft31">Inledningen i <SPAN class="ft21">första stycket </SPAN>genomför artikel 39.2 a i värdepappersbolags- direktivet. <SPAN class="ft21">Första stycket 1 </SPAN>genomför artikel 40.1 b, <SPAN class="ft21">punkt 2 </SPAN>genomför artikel 40.1 a, <SPAN class="ft21">punkt 3 </SPAN>genomför artikel 40.1 c, <SPAN class="ft21">punkt 4 </SPAN>genomför artikel</P>
<P class="p988 ft2"><SPAN class="ft2">40.1</SPAN><SPAN class="ft33">d och </SPAN><SPAN class="ft3">punkt 5 </SPAN>genomför artikel 40.1 e i samma direktiv. Uppräk- ningen är uttömmande, vilket innebär att Finansinspektionen kan besluta om ett särskilt kapitalbaskrav endast i de situationer som anges i upp- räkningen. I punkt 1 nämns bl.a. 8 kap. 3 § lagen om värdepappersmark- naden. Innebörden av den bestämmelsen framgår av författningskommen- taren till 8 kap. 1 a § samma lag. Ledning för tillämpningen av punkt 2 kan hämtas i artikel 40.2 i värdepappersbolagsdirektivet.</P>
<P class="p989 ft2"><SPAN class="ft3">Andra stycket </SPAN>genomför kravet på skriftlighet i artikel 40.5 i värdepappers- bolagsdirektivet.</P>
<P class="p202 ft2">Enligt <SPAN class="ft3">tredje stycket </SPAN>är möjligheten att besluta om särskilt kapitalbaskrav mer begränsad när det gäller små och <NOBR>icke-sammanlänkade</NOBR> värdepap- persföretag, se artikel 40.7 och skäl 20 i värdepappersbolagsdirektivet.</P>
<P class="p982 ft2">Bestämmelserna i paragrafen bör tillämpas direktivkonformt. Det som avses med väsentliga risker i första stycket 2 kan komma att preciseras i rättsakter som antas av kommissionen, se artikel 40.6 i värdepappers- bolagsdirektivet. När det gäller avveckling av positioner i handelslagret i första stycket 3 är det förluster i förhållande till den försiktiga värdering av handelslagret som avses, se artikel 21.2 i värdepappersbolagsförordningen.</P>
<P class="p975 ft115"><SPAN class="ft128">2 § </SPAN>Finansinspektionen får avstå från att besluta om ett särskilt kapitalbaskrav enligt 1 § om en överträdelse är ringa eller ursäktlig, om värdepappersbolaget gör rättelse eller om någon annan myndighet har vidtagit åtgärder mot bolaget och dessa åtgärder bedöms tillräckliga.</P>
<P class="p990 ft21">Bestämmelserna i 1 § gäller inte om överträdelsen är så allvarlig att verksamhetstillståndet i stället ska återkallas.</P>
<P class="p903 ft2">Paragrafen, som motsvarar 2 kap. 1 e §, innehåller bestämmelser om när Finansinspektionen får eller ska avstå från att besluta om ett särskilt kapitalbaskrav. Övervägandena finns i avsnitt 13.4. Paragrafen är utformad i enlighet med <SPAN class="ft3">Lagrådets </SPAN>förslag.</P>
<TABLE cellpadding=0 cellspacing=0 class="t120">
<TR>
<TD class="tr5 td316"><P class="p18 ft21"><SPAN class="ft65">3 § </SPAN>Finansinspektionen får besluta att ett värdepappersbolag ska ha en kapital-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft21">basnivå som med tillräcklig marginal överstiger kraven enligt värdepappers-</P></TD>
<TD rowspan=2 class="tr3 td80"><P class="p16 ft2">267</P></TD>
</TR>
<TR>
<TD class="tr40 td316"><P class="p18 ft88"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_268">
<P class="p497 ft21"><SPAN class="ft2">Prop. 2020/21:173 </SPAN>bolagsförordningen, för att säkerställa att konjunktursvängningar inte leder till överträdelser av kapitalkraven eller hotar bolagets förmåga att avveckla verk- samheten på ett ordnat sätt.</P>
<P class="p490 ft67">Finansinspektionen ska granska den nivå som värdepappersbolaget har fast- ställt efter ett beslut enligt första stycket och meddela bolaget om nivån är tillräcklig eller behöver justeras. Om nivån behöver justeras, ska inspektionen meddela bolaget den sista dag då justeringen ska ha gjorts.</P>
<P class="p498 ft21">Första och andra styckena gäller inte ett litet och <NOBR>icke-sammanlänkat</NOBR> värde- pappersbolag.</P>
<P class="p906 ft2">Paragrafen, som motsvarar 2 kap. 1 c §, innehåller bestämmelser om att Finansinspektionen får besluta om ytterligare krav på ett värdepappers- bolags kapitalbas. Paragrafen genomför artikel 41 i värdepappersbolags- direktivet. Övervägandena finns i avsnitt 13.4.2. Paragrafen är utformad i enlighet med <SPAN class="ft3">Lagrådets </SPAN>förslag.</P>
<P class="p477 ft2">I <SPAN class="ft3">första stycket </SPAN>anges när Finansinspektionen får besluta att ett värde- pappersbolag ska ha en kapitalbasnivå som överstiger de krav som följer av värdepappersbolagsförordningen. Denna möjlighet gäller dock, enligt <SPAN class="ft3">tredje stycket</SPAN>, bara om värdepappersbolaget inte är ett litet och icke- sammanlänkat värdepappersbolag.</P>
<P class="p498 ft2"><SPAN class="ft3">Andra stycket </SPAN>genomför artikel 41.2 i värdepappersbolagsdirektivet och innebär att Finansinspektionen fortlöpande ska utvärdera den kapitalbas- nivå som bolaget fastställt och utvärdera om denna är tillräcklig. Om Finansinspektionen anser att nivån är för låg, ska inspektionen meddela bolaget detta och ange vid vilken dag justeringen senast ska ha gjorts.</P>
<P class="p892 ft67"><SPAN class="ft127">4 § </SPAN>När det gäller sådana värdepappersbolag som avses i 2 kap. 1 § lagen (2015:1016) om resolution ska Finansinspektionen underrätta Riksgäldskontoret och berörda utländska resolutionsmyndigheter om</P>
<P class="p505 ft21"><SPAN class="ft21">1.</SPAN><SPAN class="ft62">beslut om särskilt kapitalbaskrav enligt 1 §, och</SPAN></P>
<P class="p479 ft21"><SPAN class="ft21">2.</SPAN><SPAN class="ft62">krav på justeringar enligt 3 § andra stycket.</SPAN></P>
<P class="p906 ft2">Paragrafen, som motsvarar 2 kap. 1 f §, innehåller bestämmelser om underrättelseskyldighet för Finansinspektionen i förhållande till Riks- gäldskontoret och berörda utländska resolutionsmyndigheter. Paragrafen genomför artikel 43 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 12.5. Paragrafen är utformad i enlighet med <SPAN class="ft3">Lagrådets </SPAN>förslag.</P>
<P class="p477 ft2">Paragrafen är tillämplig i fråga om värdepappersbolag och innebär att Finansinspektionen i vissa fall ska underrätta berörda resolutionsmyndig- heter om beslut om särskilt kapitalbaskrav och om förväntade justeringar. Underrättelseskyldigheten gäller dock bara när beslut rör bolag som anses utgöra värdepappersbolag enligt 2 kap. 1 § lagen om resolution, se författ- ningskommentaren till den paragrafen.</P>
<P class="p805 ft67"><SPAN class="ft127">5 § </SPAN>Finansinspektionen ska besluta att ett värdepappersbolag ska uppfylla ett särskilt likviditetskrav, om det är nödvändigt för att täcka de likviditetsrisker som bolaget är eller kan bli exponerat för.</P>
<P class="p498 ft21">Första stycket gäller inte för ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag som omfattas av ett beslut om undantag enligt artikel 43.1 andra stycket i värde- pappersbolagsförordningen.</P>
<P class="p623 ft2">268</P>
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<DIV id="page_269">
<P class="p329 ft2">Paragrafen, som motsvarar 2 kap. 2 §, innehåller bestämmelser om särskilt Prop. 2020/21:173 likviditetskrav för värdepappersbolag. Paragrafen genomför artiklar-</P>
<P class="p439 ft2">na 39.2 k och 42 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 13.4.3.</P>
<P class="p89 ft2"><SPAN class="ft3">Första stycket </SPAN>innebär att Finansinspektionen i vissa fall ska besluta att ett värdepappersbolag ska uppfylla ett särskilt likviditetskrav.</P>
<P class="p331 ft2"><SPAN class="ft3">Andra stycket </SPAN>innebär att Finansinspektionen inte får besluta om särskilt likviditetskrav för ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag som har undantagits från likviditetskravet i värdepappersbolagsförordningen.</P>
<P class="p974 ft21"><SPAN class="ft65">6 § </SPAN>Finansinspektionen får tillämpa bestämmelserna om ingripande i de lagar som reglerar värdepappersbolagets verksamhet, om bolaget inte uppfyller ett särskilt kapitalbaskrav som beslutats enligt 1 § eller ett särskilt likviditetskrav som beslutats enligt 5 §.</P>
<P class="p903 ft2">Paragrafen, som motsvarar 2 kap. 3 § första stycket, innehåller bestäm- melser om ingripande om ett värdepappersbolag inte uppfyller ett särskilt kapitalbaskrav eller ett särskilt likviditetskrav. Övervägandena finns i avsnitt 13.4.1.</P>
<P class="p883 ft22">3 kap. Krav på gruppnivå</P>
<P class="p991 ft70"><SPAN class="ft114">1 § </SPAN>För varje konsoliderad situation ska det finnas ett ansvarigt företag. Ett ansvarigt företag ska vara</P>
<P class="p87 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft117">ett moderinstitut inom EES,</SPAN></P>
<P class="p88 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">ett finansiellt holdingföretag eller blandat finansiellt holdingföretag som har godkänts enligt 1 kap. 8 §,</SPAN></P>
<P class="p65 ft67"><SPAN class="ft70">3.</SPAN><SPAN class="ft117">ett </SPAN>kreditinstitut eller ett motsvarande utländskt företag inom EES <SPAN class="ft70">som</SPAN></P>
<P class="p92 ft70">a) är ett dotterföretag till ett finansiellt moderholdingföretag inom EES eller ett blandat finansiellt moderholdingföretag inom EES och som har medgetts undantag från kravet på godkännande enligt 1 kap. 9 §, och</P>
<P class="p65 ft70">b) avses i 1 kap. 9 § första stycket 3, eller</P>
<P class="p65 ft115"><SPAN class="ft118">4.</SPAN><SPAN class="ft145">ett </SPAN>kreditinstitut eller ett motsvarande utländskt företag inom EES<SPAN class="ft118">, ett finan-</SPAN></P>
<P class="p439 ft31">siellt holdingföretag eller blandat finansiellt holdingföretag som avses i 8 kap. 2 a § första stycket 2 c.</P>
<P class="p973 ft2">I paragrafen finns bestämmelser om ansvarigt företag. Övervägandena finns i avsnitt 6.3.</P>
<P class="p89 ft2">Ändringarna är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p391 ft2">Ett ansvarigt företag kan vara ett svenskt eller utländskt företag, t.ex. ett moderinstitut inom EES. I paragrafen görs en rättelse genom att det kommer till uttryck att paragrafen gäller svenska och utländska företag.</P>
<P class="p992 ft70"><SPAN class="ft114">3 § </SPAN>Även om ett <SPAN class="ft67">kreditinstitut</SPAN>, ett finansiellt holdingföretag eller ett blandat finansiellt holdingföretag inte är ansvarigt företag enligt 1 §, ska det se till att kraven i 2 § tillämpas på undergruppsnivå, om</P>
<P class="p92 ft118"><SPAN class="ft118">1.</SPAN><SPAN class="ft139">kreditinstitutet</SPAN>, det finansiella holdingföretaget, det blandade finansiella holdingföretaget eller dess moderföretag, när moderföretaget är ett finansiellt holdingföretag eller ett blandat finansiellt holdingföretag, har ett dotterföretag eller har ägarintresse i ett dotterföretag, och</P>
<P class="p993 ft67"><SPAN class="ft70">2.</SPAN><SPAN class="ft117">dotterföretaget är </SPAN>etablerat i ett land utanför EES, och är</P>
<P class="p65 ft147">a) <SPAN class="ft146">ett </SPAN>företag som motsvarar ett kreditinstitut<SPAN class="ft146">,</SPAN></P>
<P class="p539 ft2">269</P>
</DIV>
<DIV id="page_270">
<DIV id="id_1">
<P class="p14 ft21"><SPAN class="ft2">Prop. 2020/21:173 </SPAN>b) <SPAN class="ft31">ett </SPAN>företag som motsvarar ett <SPAN class="ft31">finansiellt institut</SPAN>, <SPAN class="ft31">eller</SPAN></P>
</DIV>
<DIV id="id_2">
<DIV id="id_2_1">
<P class="p14 ft2">270</P>
</DIV>
<DIV id="id_2_2">
<P class="p65 ft70"><SPAN class="ft67">c)</SPAN><SPAN class="ft116">ett förvaltningsbolag.</SPAN></P>
<P class="p124 ft31">Med förvaltningsbolag avses ett utländskt företag som i sitt hemland har tillstånd att förvalta fondföretag.</P>
<P class="p994 ft2">I paragrafen finns bestämmelser om krav på undergruppsnivå. Övervägandena finns i avsnitt 6.3.</P>
<P class="p124 ft2">Ändringarna är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p87 ft2">I <SPAN class="ft3">första stycket 2 </SPAN>görs även redaktionella ändringar.</P>
<P class="p995 ft70"><SPAN class="ft114">4 § </SPAN>Ett moder- eller dotterföretag som står under tillsyn enligt denna lag ska på grupp- eller undergruppsnivå uppfylla kraven i 6 kap. 2 § första stycket och 3 § lagen (2004:297) om bank- och finansieringsrörelse om riskhantering och genom- lysning.</P>
<P class="p996 ft70">Ett sådant företag ska också införa styrformer, processer och rutiner enligt första stycket i sina dotterföretag som inte står under tillsyn enligt denna lag. Sådana dotterföretag ska uppfylla de krav som avses i första stycket på individuell nivå.</P>
<P class="p832 ft31">Finansinspektionen ska, efter ansökan av ett ansvarigt företag enligt 1 § andra stycket, besluta om undantag från kravet i andra stycket, om företaget kan visa att ett sådant införande strider mot lagen i det land där dotterföretaget är etablerat.</P>
<P class="p997 ft2">I paragrafen finns bestämmelser om krav på styrformer, processer och interna rutiner på grupp- och undergruppsnivå.</P>
<P class="p121 ft2">Ändringen innebär att kraven på grupp- och undergruppsnivå ska utgå från det som gäller för kreditinstitut. Det är en följd av att de aktuella kraven i kapitaltäckningsdirektivet, enligt de ändringar i det direktivet som har gjorts genom värdepappersbolagsdirektivet, knyts till det som gäller för kreditinstitut och inte längre det som gäller för värdepappersbolag.</P>
<P class="p623 ft61">3 a kap. Krav på värdepappersföretagskoncerner</P>
<P class="p674 ft2">Kapitlet är nytt och innehåller bestämmelser om tillsynsansvar för sådana värdepappersföretagskoncerner som avses i artiklarna 7 och 8 i värde- pappersbolagsförordningen. Genom bestämmelserna genomförs artikel 25.4 <NOBR>andra<SPAN class="ft3">–</SPAN>fjärde</NOBR> styckena och 52 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 9.3.</P>
<P class="p995 ft67"><SPAN class="ft127">1 § </SPAN>När artikel 7 i värdepappersbolagsförordningen är tillämplig ska 8 kap. 3 §, 4 § första och tredje styckena, 4 c och <NOBR>5–8</NOBR> §§ lagen (2007:528) om värdepappers- marknaden tillämpas på en värdepappersföretagskoncern om inte annat följer av beslut enligt artikel 8 i samma förordning.</P>
<P class="p696 ft21">Finansinspektionen ska, efter ansökan av ett moderföretag som avses i artikel 7 i värdepappersbolagsförordningen, besluta om undantag från kravet i första stycket, om företaget kan visa att en sådan tillämpning strider mot lagen i det land där dotterföretaget är etablerat.</P>
<P class="p998 ft31">Paragrafen, som motsvarar 3 kap. 4 §, innehåller bestämmelser när det gäller krav på gruppnivå i fråga om värdepappersbolag. Paragrafen genomför artikel 25.4 <NOBR>andra<SPAN class="ft21">–</SPAN>fjärde</NOBR> styckena i värdepappersbolagsdirektivet.</P>
<P class="p121 ft2"><SPAN class="ft3">Första stycket</SPAN>, som genomför artikel 25.4 andra och tredje styckena i värdepappersbolagsdirektivet, innebär att i en sådan situation då artikel 7 i värdepappersbolagsförordningen om konsolidering under tillsyn är</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_271">
<P class="p999 ft2">tillämplig så ska de angivna bestämmelserna om soliditet och likviditet, Prop. 2020/21:173 riskhantering, ersättningssystem, genomlysning och styrelsens och den</P>
<P class="p1000 ft31">verkställande direktörens ansvar som huvudregel tillämpas på gruppnivå. <SPAN class="ft21">Andra stycket</SPAN>, som genomför artikel 25.4 fjärde stycket i direktivet, är utformat efter förebild av motsvarande bestämmelser för kreditinstitut (3 kap.</P>
<P class="p1001 ft2">4 § tredje stycket). Vilket företag som är ansvarigt och ska göra en ansökan enligt andra stycket följer av artikel 7 i värdepappersbolagsförordningen.</P>
<P class="p1002 ft21"><SPAN class="ft65">2 § </SPAN>Den som ingår i ledningen för ett värdepappersinriktat holdingföretag eller blandat finansiellt holdingföretag i en koncern som avses i 1 § ska ha tillräcklig insikt och erfarenhet för att delta i ledningen av företaget och även i övrigt vara lämplig för en sådan uppgift.</P>
<P class="p1003 ft2">Paragrafen, som motsvarar 3 kap. 5 §, genomför artikel 52 i värdepappers- bolagsdirektivet.</P>
<P class="p1004 ft2">Paragrafen innebär att det ställs krav på lämplighet för den som ska ingå i ledningen för ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag som ingår i en värdepappersföretagskoncern som avses i artikel 7 eller 8 i värdepappersbolagsförordningen.</P>
<P class="p1005 ft22">4 kap. Tillsynsansvar på gruppnivå</P>
<P class="p1006 ft70"><SPAN class="ft114">1 § </SPAN>Finansinspektionen ska utöva tillsyn över att de gruppbaserade kraven är uppfyllda, om</P>
<P class="p1007 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft117">moderföretaget är ett kreditinstitut,</SPAN></P>
<P class="p1008 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">moderföretaget är ett värdepappersbolag och inget av dess dotterföretag är ett kreditinstitut,</SPAN></P>
<P class="p1004 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft116">ett utländskt värdepappersföretag inom EES är moderföretag till ett kredit- institut och det i den konsoliderade situationen inte finns något motsvarande utländskt företag inom EES med en större total balansomslutning,</SPAN></P>
<P class="p1008 ft70"><SPAN class="ft70">4.</SPAN><SPAN class="ft116">ett finansiellt holdingföretag eller ett blandat finansiellt holdingföretag inom EES är moderföretag till ett </SPAN><SPAN class="ft67">kreditinstitut eller ett värdepappersbolag</SPAN>,</P>
<P class="p1004 ft118"><SPAN class="ft118">5.</SPAN><SPAN class="ft126">ett finansiellt holdingföretag eller ett blandat finansiellt holdingföretag inom EES är moderföretag till två eller flera </SPAN><SPAN class="ft115">kreditinstitut, värdepappersbolag eller motsvarande utländska företag</SPAN>, och</P>
<P class="p1008 ft70">a) ett av <SPAN class="ft67">företagen </SPAN>är ett kreditinstitut och det i den konsoliderade situationen inte finns något motsvarande utländskt företag inom EES,</P>
<P class="p1004 ft70">b) ett av <SPAN class="ft67">företagen </SPAN>är ett kreditinstitut och det i den konsoliderade situationen inte finns något motsvarande utländskt företag inom EES med en större balans- omslutning, eller</P>
<P class="p1008 ft70">c) ett av <SPAN class="ft67">företagen </SPAN>är ett värdepappersbolag och det i den konsoliderade situationen inte finns något</P>
<P class="p1008 ft70">– motsvarande utländskt företag inom EES med en större balansomslutning, eller</P>
<P class="p1009 ft70">– kreditinstitut eller motsvarande utländskt företag inom EES, eller</P>
<P class="p1009 ft70"><SPAN class="ft70">6.</SPAN><SPAN class="ft117">konsolidering krävs enligt artikel 18.3 eller 18.6 i tillsynsförordningen och</SPAN></P>
<P class="p1009 ft70">a) ett kreditinstitut har den största balansomslutningen av motsvarande företag</P>
<P class="p1010 ft118">inom EES, eller</P>
<P class="p1004 ft70"><SPAN class="ft70">b)</SPAN><SPAN class="ft116">ett värdepappersbolag har den största balansomslutningen av motsvarande företag inom EES och det inte finns något kreditinstitut eller motsvarande utländskt företag inom EES.</SPAN></P>
<P class="p1004 ft31">Första stycket 3, 5 b, 5 c och 6 gäller dock inte om en annan behörig myndighet utövar tillsyn på individuell nivå över minst två utländska företag i den konsoli-</P>
<P class="p1011 ft2">271</P>
</DIV>
<DIV id="page_272">
<P class="p473 ft70"><SPAN class="ft66">Prop. 2020/21:173 </SPAN>derade situationen och summan av de totala balansomslutningarna för dessa är högre än för det svenska företaget.</P>
<P class="p476 ft70">Även om en annan behörig myndighet ska utöva tillsyn över att de grupp- baserade kraven uppfylls enligt artikel 111.1 tredje stycket, 111.3 b eller c eller</P>
<P class="p541 ft70"><SPAN class="ft70">111.4</SPAN><SPAN class="ft116">i kapitaltäckningsdirektivet, ska Finansinspektionen utöva sådan tillsyn om inspektionen på individuell nivå ska utöva tillsyn över minst två kreditinstitut i den konsoliderade situationen och summan av de totala balansomslutningarna för dessa är högre än de för motsvarande utländska företag inom ett och samma land inom EES.</SPAN></P>
<P class="p926 ft2">Paragrafen innehåller bestämmelser om tillsynsansvarig myndighet. Para- grafen genomför artikel <NOBR>111.1–111.5</NOBR> i kapitaltäckningsdirektivet, i lydel- sen enligt artikel 62.17 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 6.3.</P>
<P class="p498 ft2">Ändringarna i <SPAN class="ft3">första stycket </SPAN>är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p490 ft2">Paragrafen gäller den konsoliderade situationen, dvs. kan ta sikte på svenska och utländska företag. Det görs en rättelse genom att det kommer till uttryck att bestämmelserna gäller svenska och utländska företag.</P>
<P class="p978 ft118"><SPAN class="ft132">2 § </SPAN>När Finansinspektionen ska utöva <SPAN class="ft115">tillsyn </SPAN>enligt 1 § första stycket <NOBR>1–3,</NOBR> 5 och 6, får inspektionen komma överens med övriga berörda behöriga myndigheter om att en annan behörig myndighet inom EES än inspektionen ska ansvara för tillsynen. Finansinspektionen får ingå en sådan överenskommelse, om det är olämpligt att inspektionen ansvarar för tillsynen med hänsyn till de <SPAN class="ft115">kreditinstitut, värdepappersbolag </SPAN>och motsvarande utländska företag det gäller och den relativa betydelsen av deras verksamheter i de olika länderna eller behovet av att säkerställa kontinuitet i tillsynen på gruppnivå.</P>
<P class="p701 ft31">I ett sådant fall ska moderinstitutet inom EES, det finansiella moderholding- företaget inom EES, det blandade finansiella <SPAN class="ft21">moderholdingföretaget inom EES, </SPAN>eller det <SPAN class="ft21">kreditinstitut, värdepappersbolag </SPAN>eller motsvarande utländska företag som har den största balansomslutningen, beroende på vad som är tillämpligt, ges tillfälle att yttra sig innan Finansinspektionen och de övriga berörda behöriga myndigheterna ingår överenskommelsen. Europeiska kommissionen och Europeiska bankmyndigheten ska underrättas om en sådan överenskommelse.</P>
<P class="p502 ft2">Paragrafen innehåller bestämmelser om internationella överenskommelser som Finansinspektionen kan ingå i fråga om tillsynsansvaret över en grupp. Paragrafen genomför artikel 111.6 i kapitaltäckningsdirektivet, i lydelsen enligt artikel 62.17 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitten 6.3 och 11.5.</P>
<P class="p505 ft2">Ändringen i <SPAN class="ft3">första stycket </SPAN>är endast språklig.</P>
<P class="p490 ft2">Ändringen i <SPAN class="ft3">andra stycket </SPAN>i fråga om blandade finansiella moder- holdingföretag inom EES innebär ett förtydligande av bestämmelsen utifrån artikel 111 i kapitaltäckningsdirektivet och klargör att det endast är sådana blandade finansiella holdingföretag som i förekommande fall behöver höras innan ett beslut enligt första stycket fattas. Ändringarna i paragrafen i övrigt är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<TABLE cellpadding=0 cellspacing=0 class="t121">
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft31"><SPAN class="ft35">3 § </SPAN>Om det skulle vara olämpligt med hänsyn till de <SPAN class="ft21">kreditinstitut, värde-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr9 td176"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td243"><P class="p279 ft118"><SPAN class="ft115">pappersbolag </SPAN>eller motsvarande utländska företag det gäller, den relativa</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr33 td176"><P class="p278 ft2">272</P></TD>
<TD class="tr14 td243"><P class="p279 ft29">betydelsen av deras verksamheter i de olika länderna eller behovet av att säkerställa</P></TD>
</TR>
<TR>
<TD class="tr38 td243"><P class="p18 ft86"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_273">
<P class="p329 ft70">kontinuitet i tillsynen på gruppnivå att tillsynen utövas av den myndighet som <SPAN class="ft66">Prop. 2020/21:173 </SPAN>enligt artikel 111.1, 111.3 eller 111.4 i kapitaltäckningsdirektivet ska utöva den</P>
<P class="p439 ft70">gruppbaserade tillsynen, får Finansinspektionen komma överens med de övriga berörda behöriga myndigheterna om att inspektionen eller någon annan behörig myndighet ska ansvara för tillsynen.</P>
<P class="p92 ft70">I ett sådant fall ska moderinstitutet inom EES, det finansiella moderholding- företaget inom EES<SPAN class="ft67">, det blandade finansiella moderholdingföretaget inom EES, </SPAN>eller det <SPAN class="ft67">kreditinstitut, värdepappersbolag </SPAN>eller motsvarande utländska företag som har den största balansomslutningen, beroende på vad som är tillämpligt, ges tillfälle att yttra sig innan Finansinspektionen och de övriga berörda behöriga myndigheterna ingår överenskommelsen. Europeiska kommissionen och Europeiska bankmyndigheten ska underrättas om en sådan överenskommelse.</P>
<P class="p972 ft2">Paragrafen innehåller bestämmelser om internationella överenskommelser som Finansinspektionen kan ingå i fråga om tillsynsansvaret över en grupp. Paragrafen genomför artikel 111.6 i kapitaltäckningsdirektivet, i lydelsen enligt artikel 62.17 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitten 6.3 och 11.5.</P>
<P class="p89 ft2">Paragrafen gäller i fall då det som huvudregel är en behörig myndighet i ett annat land inom EES som ska ansvara för tillsynen. Enligt de förut- sättningar som anges i paragrafen kan Finansinspektionen eller någon annan behörig myndighet i stället utses som ansvarig.</P>
<P class="p438 ft2">I <SPAN class="ft3">första </SPAN>och <SPAN class="ft3">andra styckena </SPAN>görs ändringar som en följd av att defini- tionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §. Bestämmelsen i andra stycket rättas utifrån artikel 111 i kapital- täckningsdirektivet genom att blandade finansiella holdingföretag läggs till bland de företag som ska höras innan ett beslut enligt första stycket fattas.</P>
<P class="p992 ft70"><SPAN class="ft114">5 § </SPAN>Inom fyra månader från det att Finansinspektionen har lämnat en rapport enligt 4 §, ska inspektionen försöka komma överens med övriga berörda behöriga myndigheter om vilket beslut som bör fattas</P>
<P class="p91 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">i enlighet med 2 kap. 2 § med anledning av väsentliga resultat av likviditets- tillsynen, och</SPAN></P>
<P class="p92 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">om huruvida kapitalbasen på gruppnivå är tillräcklig med hänsyn till den finansiella situationen och riskprofilen och om de kapitalbasnivåer som krävs för att tillämpa 2 kap. 1 och 1 c §§ på individuell nivå eller gruppnivå.</SPAN></P>
<P class="p92 ft31"><SPAN class="ft21">En överenskommelse </SPAN>enligt första stycket 1 ska ta hänsyn till de resultat som framkommit i fråga om <SPAN class="ft21">kreditinstitutens och de motsvarande utländska företagens </SPAN>organisation, riskhantering och behovet av särskilda likviditetskrav för specifika institut.</P>
<P class="p580 ft2">Paragrafen innehåller bestämmelser om beslut på gruppnivå och särskilt likviditetskrav. Övervägandena finns i avsnitt 6.3.</P>
<P class="p89 ft2">Ändringen av termen institut i <SPAN class="ft3">andra stycket </SPAN>är en följd av att defini- tionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p89 ft2">Paragrafen gäller den konsoliderade situationen, dvs. den kan ta sikte på svenska och utländska företag. Det görs en rättelse genom att det kommer till uttryck att paragrafen gäller svenska och utländska företag. Andra stycket ändras även språkligt.</P>
<P class="p1012 ft2">273</P>
</DIV>
<DIV id="page_274">
<P class="p558 ft61"><SPAN class="ft2">Prop. 2020/21:173 </SPAN>4 a kap. Tillsynsansvar för värdepappersföretagskoncerner</P>
<P class="p742 ft2">Kapitlet är nytt och innehåller bestämmelser om tillsynsansvar för sådana värdepappersföretagskoncerner som avses i artiklarna 7 och 8 i värde- pappersbolagsförordningen. Genom bestämmelserna genomförs bl.a. arti- kel 46 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 11.5.</P>
<P class="p978 ft115"><SPAN class="ft128">1 § </SPAN>Finansinspektionen ska utöva tillsyn över att kraven i artikel 7 eller, i tillämpliga fall, villkoren i artikel 8 i värdepappersbolagsförordning är uppfyllda, om det i koncernen inte finns något kreditinstitut eller motsvarande utländskt företag inom EES, och</P>
<P class="p754 ft67"><SPAN class="ft67">1.</SPAN><SPAN class="ft119">ett värdepappersbolag är moderföretag,</SPAN></P>
<P class="p490 ft67"><SPAN class="ft67">2.</SPAN><SPAN class="ft119">ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holding- företag inom EES är moderföretag till ett värdepappersbolag och det i koncernen inte finns något motsvarande utländskt företag inom EES,</SPAN></P>
<P class="p490 ft67"><SPAN class="ft67">3.</SPAN><SPAN class="ft119">ett svenskt värdepappersinriktat holdingföretag eller ett svenskt blandat finansiellt holdingföretag är moderföretag till ett värdepappersbolag och minst ett motsvarande utländskt företag inom EES,</SPAN></P>
<P class="p490 ft115"><SPAN class="ft115">4.</SPAN><SPAN class="ft139">ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holding- företag är moderföretag till ett värdepappersbolag och minst ett motsvarande utländskt företag inom EES, och</SPAN></P>
<P class="p476 ft67">– inget sådant dotterföretag är auktoriserat i samma land inom EES som moder- företaget är etablerat i, och</P>
<P class="p476 ft67">– värdepappersbolaget har större balansomslutning än något av de mot- svarande utländska företagen inom EES, eller</P>
<P class="p490 ft67"><SPAN class="ft67">5.</SPAN><SPAN class="ft119">det i koncernen finns två eller flera värdepappersinriktade holdingföretag eller blandade finansiella holdingföretag med huvudkontor i olika länder inom EES som är moderföretag till ett värdepappersbolag och minst ett motsvarande utländskt företag inom EES och</SPAN></P>
<P class="p476 ft67">– dotterföretagen är auktoriserade i de respektive länder inom EES som moder- företagen har huvudkontor i, och</P>
<P class="p476 ft21">– värdepappersbolaget har större balansomslutning än något av de motsvarande utländska företagen inom EES.</P>
<TABLE cellpadding=0 cellspacing=0 class="t122">
<TR>
<TD class="tr2 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td243"><P class="p279 ft2">Paragrafen, som motsvarar 4 kap. 1 §, innehåller bestämmelser om när</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">Finansinspektionen ska utöva tillsyn över värdepappersföretagskoncerner.</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">Paragrafen genomför delvis artikel 4.3 c och artiklarna <NOBR>46.1–46.5</NOBR> och 51 i</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">värdepappersbolagsdirektivet.</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p380 ft2">Inledningen av paragrafen innebär att Finansinspektionen ska tillämpa</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">de gruppbaserade kraven som avses i artikel 7 i värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">förordningen eller, i fråga om gruppstrukturer som anses vara tillräckligt</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">enkla, bestämmelserna i artikel 8. I det senare fallet krävs det att Finans-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">inspektionen har fattat beslut om att artikel 8 ska tillämpas i stället för</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">artikel 7.</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p380 ft2"><SPAN class="ft3">Punkt 1 </SPAN>avser situationen att ett värdepappersbolag är moderföretag.</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">Punkten genomför artikel 46.1 i värdepappersbolagsdirektivet och mot-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">svarar 4 kap. 1 § första stycket 2.</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p380 ft2"><SPAN class="ft3">Punkt 2 </SPAN>avser situationen att ett värdepappersinriktat holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">eller ett blandat finansiellt holdingföretag inom EES är moderföretag till</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">ett värdepappersbolag och det i koncernen inte finns något motsvarande</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">utländskt företag inom EES. Punkten genomför artikel 46.2 i värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">pappersbolagsdirektivet och motsvarar 4 kap. 1 § första stycket 4.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p380 ft31"><SPAN class="ft21">Punkterna 3 </SPAN>och <SPAN class="ft21">4 </SPAN>avser båda situationen att ett svenskt värdepappers-</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr20 td176"><P class="p278 ft2">274</P></TD>
<TD class="tr4 td243"><P class="p279 ft2">inriktat holdingföretag eller ett svenskt blandat finansiellt holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr38 td243"><P class="p18 ft86"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_275">
<TABLE cellpadding=0 cellspacing=0 class="t79">
<TR>
<TD class="tr2 td138"><P class="p18 ft2">är moderföretag</P></TD>
<TD class="tr2 td11"><P class="p18 ft2">till</P></TD>
<TD class="tr2 td346"><P class="p256 ft2">ett värdepappersbolag och minst ett</P></TD>
<TD class="tr2 td347"><P class="p18 ft2">motsvarande Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td237"><P class="p18 ft2">utländskt företag inom EES. Till skillnad från punkt 3 har dock moder-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td237"><P class="p18 ft2">företaget inte huvudkontor i någon av de medlemsstater som värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td138"><P class="p18 ft2">pappersföretagen</P></TD>
<TD class="tr4 td11"><P class="p77 ft2">är</P></TD>
<TD class="tr4 td346"><P class="p271 ft2">auktoriserade i. Punkterna 3 och</P></TD>
<TD class="tr4 td347"><P class="p18 ft2">4 genomför</P></TD>
</TR>
</TABLE>
<P class="p1013 ft2">artikel 46.3 respektive 46.5 i värdepappersbolagsdirektivet. Punkterna motsvarar tillsammans 4 kap. 1 § första stycket 5 c.</P>
<P class="p483 ft2"><SPAN class="ft3">Punkt 5 </SPAN>avser situationen att det finns två moderföretag i koncernen. Punkten genomför artikel 46.4 i värdepappersbolagsdirektivet och har inte någon motsvarighet i 4 kap. 1 §.</P>
<P class="p921 ft67"><SPAN class="ft127">2 § </SPAN>När Finansinspektionen ska utöva tillsyn enligt 1 § får inspektionen komma överens med övriga berörda behöriga myndigheter om att en annan behörig myndighet inom EES än inspektionen ska ansvara för tillsynen. Finans- inspektionen får ingå en sådan överenskommelse om det är olämpligt att inspektionen ansvarar för tillsynen med hänsyn till de berörda värdepappers- bolagen och värdepappersföretagen och betydelsen av deras verksamhet i de relevanta länderna inom EES.</P>
<P class="p1014 ft31">Paragrafen, som motsvarar 4 kap. 2 § första stycket, innehåller bestäm- melser om internationella överenskommelser som Finansinspektionen kan ingå i fråga om tillsynsansvaret över en värdepappersföretagskoncern. Para- grafen genomför delvis artiklarna 4.3 c och 46.6 i värdepappersbolags- direktivet. Paragrafen är utformad i enlighet med <SPAN class="ft21">Lagrådets </SPAN>förslag.</P>
<P class="p1015 ft2">Paragrafen avser det fallet då Finansinspektionen enligt huvudregeln i</P>
<P class="p920 ft2">1 § första stycket ska utöva den gruppbaserade tillsynen men, enligt de förutsättningar som anges i paragrafen, kan överlåta på annan behörig myndighet att i stället utföra dessa uppgifter. I 3 § regleras den omvända situationen att någon annan behörig myndighet än Finansinspektionen är ansvarig enligt huvudregeln.</P>
<P class="p944 ft67"><SPAN class="ft127">3 § </SPAN>Om det skulle vara olämpligt med hänsyn till de värdepappersbolag eller motsvarande utländska företag det gäller i en värdepappersföretagskoncern och betydelsen av deras verksamhet i de olika länderna inom EES att tillsynen utövas av den myndighet som enligt artikel <NOBR>46.3–46.5</NOBR> i värdepappersbolagsdirektivet ska utöva sådan tillsyn som avses i 1 §, får Finansinspektionen komma överens med de övriga berörda behöriga myndigheterna om att inspektionen eller någon annan behörig myndighet ska ansvara för tillsynen.</P>
<P class="p1016 ft31">Paragrafen, som motsvarar 4 kap. 3 § första stycket, innehåller bestämmel- ser om internationella överenskommelser som Finansinspektionen kan ingå i fråga om tillsynsansvaret över en värdepappersföretagskoncern. Paragrafen genomför delvis artiklarna 4.3 c och 46.6 i värdepappersbolagsdirektivet. Paragrafen är utformad i enlighet med <SPAN class="ft21">Lagrådets </SPAN>förslag.</P>
<P class="p495 ft2">Paragrafen gäller i fall då det som huvudregel är en behörig myndighet i ett annat land inom EES som ska ansvara för den gruppbaserade tillsynen. Enligt de förutsättningar som anges i paragrafen kan Finansinspektionen eller någon annan behörig myndighet i stället utses som ansvarig.</P>
<P class="p1017 ft115"><SPAN class="ft128">4 § </SPAN>Innan Finansinspektionen och de övriga berörda behöriga myndigheterna ingår en överenskommelse enligt 2 eller 3 § <SPAN class="ft118">ska </SPAN>det blandade finansiella moder- holdingföretaget inom EES, det värdepappersinriktade moderholdingföretaget inom EES eller det värdepappersbolag eller motsvarande utländska företag som</P>
<P class="p1018 ft2">275</P>
</DIV>
<DIV id="page_276">
<P class="p473 ft67"><SPAN class="ft66">Prop. 2020/21:173 </SPAN>har den största balansomslutningen, beroende på vad som är tillämpligt, ges tillfälle att yttra sig.</P>
<P class="p477 ft21">Europeiska kommissionen och Europeiska bankmyndigheten ska underrättas om överenskommelsen.</P>
<P class="p978 ft2">Paragrafen, som motsvarar 4 kap. 2 § andra stycket och 3 § andra stycket, innehåller bestämmelser om internationella överenskommelser som Finansinspektionen kan ingå i fråga om tillsynsansvaret över en värde- pappersföretagskoncern. Paragrafen genomför delvis artiklarna 4.3 c och 46.6 i värdepappersbolagsdirektivet. Paragrafen är i allt väsentligt utformad i enlighet med <SPAN class="ft3">Lagrådets </SPAN>förslag.</P>
<P class="p498 ft2">I <SPAN class="ft3">första stycket </SPAN>anges vilka företag som ska ges tillfälle att yttra sig innan en internationell överenskommelse enligt 2 eller 3 § ingås. Det anges i <SPAN class="ft3">andra stycket </SPAN>att Europeiska kommissionen och Europeiska bank- myndigheten ska underrättas om en sådan överenskommelse.</P>
<P class="p801 ft22">5 kap. Tillsyn över interna metoder <SPAN class="ft61">för kreditinstitut</SPAN></P>
<P class="p559 ft31"><SPAN class="ft35">1 § </SPAN>Finansinspektionen ska löpande, åtminstone vart tredje år, granska hur ett <SPAN class="ft21">kreditinstitut </SPAN>uppfyller <SPAN class="ft21">kraven </SPAN>på sådana metoder som kräver tillstånd från de behöriga myndigheterna innan de får användas för att beräkna kapitalbaskraven i enlighet med artiklarna <NOBR>92–386</NOBR> i tillsynsförordningen. Vid bedömningen ska <SPAN class="ft21">inspektionen särskilt beakta </SPAN>förändringar i institutets affärsverksamhet och hur interna metoder tillämpas på nya produkter.</P>
<P class="p906 ft31"><SPAN class="ft35">2 § </SPAN>Om det framkommer att ett <SPAN class="ft21">kreditinstituts </SPAN>interna metoder enligt 1 § <SPAN class="ft21">har </SPAN>väsentliga brister i fråga om att identifiera risker, ska Finansinspektionen se till att institutet åtgärdar <SPAN class="ft21">bristerna </SPAN>eller vidtar nödvändiga åtgärder för att minska följderna av dem.</P>
<P class="p906 ft70"><SPAN class="ft114">3 § </SPAN>Om ett <SPAN class="ft67">kreditinstitut </SPAN>som beviljats tillstånd att använda sig av en metod som avses i 1 § inte längre uppfyller kraven för användning av metoden, ska Finans- inspektionen kräva att institutet</P>
<P class="p505 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">visar att följderna av att kraven inte uppfylls är </SPAN><SPAN class="ft67">obetydliga</SPAN>, eller</P>
<P class="p476 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">presenterar en åtgärdsplan för att i god tid åter uppfylla kraven och ange en tid inom vilken planen ska genomföras.</SPAN></P>
<P class="p978 ft31"><SPAN class="ft35">4 § </SPAN>Om det bedöms osannolikt att den åtgärdsplan som presenteras leder till att kraven kommer att uppfyllas eller om tidsfristen för att genomföra den inte är tillfredsställande, ska Finansinspektionen kräva förbättringar av planen. Om det är osannolikt att <SPAN class="ft21">kreditinstitutet </SPAN>inom en lämplig tidsfrist åter kommer att uppfylla tillämpliga krav eller om institutet inte på ett tillfredsställande sätt <SPAN class="ft21">visar </SPAN>att följderna av konstaterade brister är <SPAN class="ft21">obetydliga</SPAN>, ska tillståndet att använda sig av metoden antingen <SPAN class="ft21">återkallas eller </SPAN>begränsas till områden där kraven kan uppfyllas inom en lämplig tidsfrist.</P>
<P class="p978 ft31"><SPAN class="ft35">5 § </SPAN>Om det för en intern marknadsriskmodell förekommer upprepade över- skridanden som avses i artikel 366 i tillsynsförordningen och det tyder på att modellen inte är tillräckligt exakt, ska Finansinspektionen återkalla tillståndet för <SPAN class="ft21">kreditinstitutet </SPAN>att använda den modellen eller vidta lämpliga åtgärder för att säkerställa att institutet snarast förbättrar modellen.</P>
<P class="p623 ft2">276</P>
</DIV>
<DIV id="page_277">
<P class="p329 ft31"><SPAN class="ft35">6 § </SPAN>Finansinspektionen får vidta korrigerande åtgärder för ett <SPAN class="ft21">kreditinstituts </SPAN><SPAN class="ft2">Prop. 2020/21:173 </SPAN>interna metoder, om det klart kan fastställas att institutets metoder leder till en</P>
<P class="p439 ft70">underskattning av kapitalbaskraven som inte kan tillskrivas skillnader i exponeringarnas eller positionernas underliggande risker.</P>
<P class="p65 ft31">De korrigerande åtgärderna ska syfta till att målen i en intern metod upprätthålls.</P>
<P class="p972 ft2">I kapitlet finns bestämmelser om den löpande granskningen av interna metoder och om korrigerande åtgärder vid tillsyn över interna metoder för kreditinstitut. Övervägandena finns i avsnitten 6.3 och 11.7. Bestämmel- serna i <NOBR><SPAN class="ft3">2–4</SPAN></NOBR><SPAN class="ft3"> §§ </SPAN>är utformade i enlighet med <SPAN class="ft3">Lagrådets </SPAN>förslag.</P>
<P class="p391 ft2">Ändringarna i paragraferna är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §. Ändringarna innebär att bestämmelserna, som genomför regler i kapitaltäckningsdirektivet, bara gäller för kreditinstitut.</P>
<P class="p87 ft2">Det görs också redaktionella och språkliga ändringar.</P>
<P class="p89 ft2">Bestämmelser om tillsyn över interna modeller i fråga om värdepappers- bolag införs i ett nytt kapitel, 5 a kap.</P>
<P class="p670 ft61">5 a kap. Tillsyn över interna modeller för värdepappersbolag</P>
<P class="p685 ft2">Kapitlet är nytt och innehåller bestämmelser om tillsyn över sådana interna modeller som värdepappersbolag kan få tillstånd att använda och som avses i artikel 22 i värdepappersbolagsförordningen. Genom bestämmel- serna genomförs artikel 37 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 11.7.</P>
<P class="p981 ft21"><SPAN class="ft65">1 § </SPAN>Finansinspektionen ska löpande, åtminstone vart tredje år, granska hur ett värdepappersbolag uppfyller kraven för att få tillstånd att använda de interna modeller som avses i artikel 22 i värdepappersbolagsförordningen. Vid bedöm- ningen ska inspektionen särskilt beakta förändringar i värdepappersbolagets affärsverksamhet och hur interna modeller används på nya produkter.</P>
<P class="p903 ft2">Paragrafen, som motsvarar 5 kap. 1 §, innehåller en bestämmelse om Finansinspektionens tillsynsansvar över tillståndspliktiga interna modeller för beräkning av kapitalbaskravet för positioner i handelslagret hos ett värdepappersbolag. Paragrafen genomför artikel 37.1 första och andra meningarna i värdepappersbolagsdirektivet.</P>
<P class="p983 ft21"><SPAN class="ft65">2 § </SPAN>Om det framkommer att ett värdepappersbolags interna modeller som avses i 1 § har väsentliga brister i fråga om att identifiera risker, ska Finansinspektionen se till att bolaget åtgärdar bristerna eller vidtar nödvändiga åtgärder för att minska följderna av dem.</P>
<P class="p1019 ft2">I paragrafen, som motsvarar 5 kap. 2 §, anges i vilka fall Finansinspek- tionen ska vidta tillsynsåtgärder i sin granskning av ett värdepappersbolags användning av interna modeller. Paragrafen genomför artikel 37.1 tredje meningen i värdepappersbolagsdirektivet. Paragrafen är utformad i enlighet med <SPAN class="ft3">Lagrådets </SPAN>förslag.</P>
<P class="p1020 ft67"><SPAN class="ft127">3 § </SPAN>Om ett värdepappersbolag som beviljats tillstånd att använda interna modeller som avses i 1 § inte längre uppfyller kraven för användning av modellerna,</P>
<TABLE cellpadding=0 cellspacing=0 class="t123">
<TR>
<TD class="tr4 td348"><P class="p18 ft21">ska Finansinspektionen kräva att bolaget</P></TD>
<TD rowspan=2 class="tr20 td70"><P class="p16 ft2">277</P></TD>
</TR>
<TR>
<TD class="tr38 td348"><P class="p18 ft86"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_278">
<P class="p558 ft21"><SPAN class="ft2">Prop. 2020/21:173 </SPAN>1. visar att följderna av att kraven inte uppfylls är obetydliga, eller</P>
<P class="p476 ft21"><SPAN class="ft21">2.</SPAN><SPAN class="ft62">presenterar en åtgärdsplan för att uppfylla kraven och anger en tid inom vilken planen ska genomföras.</SPAN></P>
<P class="p665 ft2">Paragrafen, som motsvarar 5 kap. 3 §, innehåller bestämmelser om att Finansinspektionen ska kräva vissa prestationer av ett värdepappersbolag som har beviljats tillstånd att använda en intern modell, men som inte längre uppfyller kraven för detta. Paragrafen genomför artikel 37.3 första stycket första meningen i värdepappersbolagsdirektivet. Paragrafen är utformad i enlighet med <SPAN class="ft3">Lagrådets </SPAN>förslag.</P>
<P class="p928 ft21"><SPAN class="ft65">4 § </SPAN>Om det bedöms osannolikt att den åtgärdsplan som presenteras leder till att kraven kommer att uppfyllas eller om tidsfristen för att genomföra den inte är tillfredsställande, ska Finansinspektionen kräva förbättringar av planen. Om det är osannolikt att värdepappersbolaget inom en lämplig tidsfrist kommer att uppfylla tillämpliga krav eller om bolaget inte på ett tillfredsställande sätt visar att följderna av konstaterade brister är obetydliga, ska tillståndet att använda sig av de interna modellerna antingen återkallas eller begränsas till områden där kraven kan uppfyllas inom en lämplig tidsfrist.</P>
<P class="p978 ft2">Paragrafen, som motsvarar 5 kap. 4 §, innehåller bestämmelser om att Finans- inspektionen ska vidta åtgärder mot ett värdepappersbolag om det bedöms osannolikt att en åtgärdsplan enligt 3 § leder till att kraven kommer att uppfyllas eller om tidsfristen för att genomföra den inte är tillfredsställande. Paragrafen är utformad i enlighet med Lagrådets förslag.</P>
<P class="p498 ft2">Paragrafen genomför artikel 37.3 första stycket andra meningen och andra stycket i värdepappersbolagsdirektivet. Det som anges i värde- pappersbolagsdirektivet (artikel 37.2 och 37.3) ger viss ledning för hur Finansinspektionen bör agera om det finns indikationer på att ett värde- pappersbolags internmodeller över marknadsrisk inte är tillräckligt starka.</P>
<P class="p805 ft21"><SPAN class="ft65">5 § </SPAN>Om det för en intern marknadsriskmodell förekommer upprepade överskri- danden som avses i artikel 366 i tillsynsförordningen och det tyder på att modellen inte är tillräckligt exakt, ska Finansinspektionen återkalla tillståndet för värdepap- persbolaget att använda modellen eller vidta lämpliga åtgärder för att säkerställa att bolaget snarast inom en bestämd tidsram förbättrar modellen.</P>
<P class="p906 ft2">I paragrafen, som motsvarar 5 kap. 5 §, regleras Finansinspektionens tillsyn över internmodeller över marknadsrisk. Paragrafen genomför artikel 37.2 i värdepappersbolagsdirektivet.</P>
<P class="p801 ft22">6 kap. Företags uppgiftsskyldighet till Finansinspektionen</P>
<P class="p979 ft70"><SPAN class="ft114">1 § </SPAN>Följande företag ska till Finansinspektionen lämna de upplysningar om sin verk- samhet och därmed sammanhängande omständigheter som inspektionen begär för tillsynen:</P>
<P class="p505 ft31">1. företag som</P>
<P class="p476 ft118"><SPAN class="ft115">a)</SPAN><SPAN class="ft126">står under tillsyn utifrån sin konsoliderade situation enligt denna lag eller enligt en utländsk offentlig reglering som bygger på kapitaltäckningsdirektivet,</SPAN></P>
<P class="p474 ft21"><SPAN class="ft21">b)</SPAN><SPAN class="ft62">står under tillsyn enligt artikel 7 i värdepappersbolagsförordningen, eller</SPAN></P>
<P class="p476 ft67"><SPAN class="ft67">c)</SPAN><SPAN class="ft141">ingår i en värdepappersföretagskoncern som omfattas av ett beslut enligt artikel 8 i värdepappersbolagsförordningen,</SPAN></P>
<P class="p102 ft2">278</P>
</DIV>
<DIV id="page_279">
<P class="p136 ft31">2. andra dotterföretag till ett <SPAN class="ft21">kreditinstitut, ett värdepappersbolag, </SPAN>ett finansiellt <SPAN class="ft2">Prop. 2020/21:173 </SPAN>holdingföretag<SPAN class="ft21">, </SPAN>ett blandat finansiellt holdingföretag <SPAN class="ft21">eller ett värdepappersinriktat</SPAN></P>
<P class="p563 ft31"><SPAN class="ft21">holdingföretag </SPAN>än de som avses i 1,</P>
<P class="p88 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft116">holdingföretag med blandad verksamhet och dotterföretag till holdingföretag med blandad verksamhet,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">4.</SPAN><SPAN class="ft117">blandade finansiella holdingföretag, och</SPAN></P>
<P class="p94 ft70"><SPAN class="ft70">5.</SPAN><SPAN class="ft116">företag som fått i uppdrag av ett </SPAN><SPAN class="ft67">kreditinstitut</SPAN>, <SPAN class="ft67">ett värdepappersbolag, </SPAN>ett finansiellt holdingföretag, holdingföretag med blandad verksamhet<SPAN class="ft67">, </SPAN>blandat finansiellt holdingföretag <SPAN class="ft67">eller värdepappersinriktat holdingföretag </SPAN>att utföra ett visst arbete eller vissa funktioner.</P>
<P class="p88 ft31">Om företaget inte lämnar upplysningarna till Finansinspektionen, får inspek- tionen förelägga företaget att göra det.</P>
<P class="p1021 ft2">Paragrafen innehåller bestämmelser om vilka företag som är skyldiga att lämna uppgifter till Finansinspektionen. Ändringarna i paragrafen genom- för delvis artiklarna 4.3, 4.5, 19 och 53.1 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitten 6.3 och 11.3.</P>
<P class="p1022 ft31">Tillägget i <SPAN class="ft21">första stycket 1 </SPAN>innebär att företag som står under tillsyn enligt artikel 7 i värdepappersbolagsförordningen är upplysningsskyldiga. Det gäller även företag som ingår i en företagsgrupp på vilken ett beslut enligt artikel 8 i värdepappersbolagsförordningen (gruppkapitaltestet) har fattats.</P>
<P class="p89 ft2">Tilläggen av värdepappersinriktade holdingföretag i <SPAN class="ft3">punkterna 2 </SPAN>och <SPAN class="ft3">5</SPAN>, som genomför artiklarna 4.3, 4.5 första meningen och 19 a i värdepappers- bolagsdirektivet, innebär att även samtliga dotterföretag till ett sådant före- tag och företag som fått i uppdrag av ett sådant företag att utföra ett visst arbete eller vissa funktioner är skyldiga att lämna upplysningar till Finans- inspektionen.</P>
<P class="p1023 ft2"><SPAN class="ft3">Punkt 3 </SPAN>motsvarar kraven i artikel 53.1 i värdepappersbolagsdirektivet. Övriga ändringar i paragrafen är en följd av att definitionen av institut</P>
<P class="p102 ft2">får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p972 ft67"><SPAN class="ft114">2 § </SPAN><SPAN class="ft70">Moderföretag ska </SPAN>i fråga om den konsoliderade situationen <SPAN class="ft70">offentliggöra information som rör </SPAN>rättslig <SPAN class="ft70">struktur, styrning och organisationsstruktur.</SPAN></P>
<P class="p137 ft21">Moderföretag som avses i artiklarna 7 och 8 i värdepappersbolagsförordningen ska offentliggöra sådan information om en värdepappersföretagskoncern<SPAN class="ft31">.</SPAN></P>
<P class="p903 ft2">Paragrafen innehåller bestämmelser om information som moderbolag ska offentliggöra. Ändringarna i paragrafen genomför artikel 44 c i värde- pappersbolagsdirektivet. Övervägandena finns i avsnitt 11.8.</P>
<P class="p89 ft2"><SPAN class="ft3">Första stycket </SPAN>gäller tillsyn enligt tillsynsförordningen. Ändringen i stycket innebär en anpassning till tillsynsförordningens terminologi.</P>
<P class="p92 ft2"><SPAN class="ft3">Andra stycket</SPAN>, som är nytt, gäller tillsyn enligt värdepappersbolags- förordningen och genomför artikel 44 c i värdepappersbolagsdirektivet.</P>
<P class="p1021 ft31"><SPAN class="ft35">4 § </SPAN>Finansinspektionen får hänskjuta frågor som rör ett förfarande av en annan behörig myndighet inom EES till Europeiska bankmyndigheten för tvistlösning i de fall som framgår av artiklarna 112.2, 116 och 133 i kapitaltäckningsdirektivet <SPAN class="ft21">och artikel 48 i värdepappersbolagsdirektivet</SPAN>.</P>
<P class="p992 ft2">Paragrafen innehåller en bestämmelse om att Finansinspektionen får hänskjuta vissa frågor till Europeiska bankmyndigheten för tvistlösning.</P>
<P class="p539 ft2">279</P>
</DIV>
<DIV id="page_280">
<P class="p473 ft2">Prop. 2020/21:173 Ändringen genomför artikel 48.7 i värdepappersbolagsdirektivet. Över- vägandena finns i avsnitt 12.2.2.</P>
<P class="p477 ft2">Ändringen innebär att Finansinspektionen får hänskjuta frågor till Europeiska bankmyndigheten även när det uppstått oenighet om tillsyns- kollegiernas funktion i en situation som avses i artikel 48 i värdepappers- bolagsdirektivet.</P>
<P class="p805 ft70"><SPAN class="ft114">5 § </SPAN>Finansinspektionen får även hänskjuta sådana frågor som avses i 4 § till Europeiska bankmyndigheten för tvistlösning i enlighet med artiklarna 41.2, 43.5,</P>
<P class="p1024 ft21"><SPAN class="ft31">50.4</SPAN><SPAN class="ft34">och 51.2 i kapitaltäckningsdirektivet </SPAN>och artikel 13.5 i värdepappersbolags- direktivet<SPAN class="ft31">.</SPAN></P>
<P class="p892 ft2">Paragrafen innehåller en bestämmelse hänskjutande till Europeiska bankmyndigheten för tvistlösning. Ändringen genomför artikel 13.5 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 12.2.1.</P>
<P class="p477 ft2">Ändringen innebär att Finansinspektionen får hänskjuta frågor som rör ett förfarande av en annan behörig myndighet inom EES till Europeiska bankmyndigheten för tvistlösning även i en sådan situation som avses i artikel 13.5 i värdepappersbolagsdirektivet.</P>
<P class="p978 ft118"><SPAN class="ft132">7 § </SPAN>Företag som enligt tillsynsförordningen står under tillsyn utifrån sin konsoliderade situation och dotterföretag till ett <SPAN class="ft115">kreditinstitut eller ett motsvarande utländskt företag inom EES, </SPAN>ett finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som inte omfattas av bestämmelserna om gruppbaserad tillsyn, ska lämna de uppgifter som krävs för tillsynsredovisningen till det företag som enligt tillsynsförordningen ska upprätta gruppbaserad redovisning eller samlad information.</P>
<P class="p1025 ft31">Första stycket gäller även ett svenskt företag i förhållande till ett utländskt företag inom EES som ska upprätta och ge in en rapport enligt tillsyns- förordningen.</P>
<P class="p502 ft2">Paragrafen innehåller bestämmelser om information mellan företag i den konsoliderade situationen. Övervägandena finns i avsnitt 6.3.</P>
<P class="p490 ft2">Ändringen i <SPAN class="ft3">första stycket </SPAN>är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p477 ft2">Paragrafen gäller den konsoliderade situationen, dvs. den kan ta sikte på svenska och utländska företag. Det görs en rättelse genom att det kommer till uttryck att paragrafen gäller svenska och utländska företag.</P>
<P class="p805 ft31"><SPAN class="ft35">8 § </SPAN>Finansinspektionen får, när inspektionen anser att det behövs för tillsynen, göra undersökningar hos</P>
<P class="p536 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">företag som enligt 7 § ska lämna uppgifter samt hos finansiella holding- företag, holdingföretag med blandad verksamhet</SPAN><SPAN class="ft67">, </SPAN>blandade finansiella holdingföretag <SPAN class="ft67">och värdepappersinriktade holdingföretag </SPAN>för att kontrollera den gruppbaserade redovisningen eller samlade informationen som företagen är skyldiga att lämna,</P>
<P class="p691 ft29"><SPAN class="ft29">2.</SPAN><SPAN class="ft32">företag som har fått i uppdrag av ett </SPAN><SPAN class="ft120">kreditinstitut, ett värdepappersbolag </SPAN>eller ett holdingföretag som avses i 1 att utföra ett visst arbete eller vissa funktioner, och</P>
<P class="p475 ft31"><SPAN class="ft31">3.</SPAN><SPAN class="ft47">företag som Finansinspektionen enligt 4 kap. 1 § </SPAN><SPAN class="ft21">och 4 a kap. 1 § </SPAN>ska utöva tillsyn över.</P>
<P class="p1026 ft2">Paragrafen innehåller bestämmelser om Finansinspektionens möjlighet att</P>
<P class="p540 ft107">genomföra platsundersökningar. Ändringen genomför artiklarna 19 c och</P>
<P class="p14 ft2">280</P>
</DIV>
<DIV id="page_281">
<P class="p329 ft2">53.2 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitten 6.3 Prop. 2020/21:173 och 11.3.</P>
<P class="p92 ft2">Tillägget av värdepappersinriktade holdingföretag i <SPAN class="ft3">punkt 1 </SPAN>innebär att Finansinspektionen får göra undersökningar även hos sådana företag. Därigenom får Finansinspektionen, enligt <SPAN class="ft3">punkt 2 </SPAN>och i enlighet med artikel 19 c i värdepappersbolagsdirektivet, rätt att utföra undersökningar även hos företag som har fått i uppdrag av ett värdepappersinriktat holding- företag att utföra ett visst arbete eller vissa funktioner.</P>
<P class="p420 ft2">Övriga ändringar är en följd av att definitionen av institut får en ny inne- börd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p972 ft70"><SPAN class="ft114">9 § </SPAN>Om ett dotterföretag som är ett <SPAN class="ft67">kreditinstitut </SPAN>är undantaget från tillämpnings- området för konsoliderad tillsyn med stöd av artikel 19 i tillsynsförordningen, ska moderföretaget till Finansinspektionen lämna de upplysningar som inspektionen anser att den behöver för sin tillsyn över institutet.</P>
<P class="p972 ft2">Paragrafen innehåller bestämmelser om informationsskyldighet för moder- företag till ett kreditinstitut som är undantaget från gruppbaserad tillsyn. Övervägandena finns i avsnitt 6.3.</P>
<P class="p89 ft2">Ändringen i paragrafen är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p1021 ft31"><SPAN class="ft35">10 § </SPAN>En styrelseledamot eller befattningshavare hos ett finansiellt holding- företag<SPAN class="ft21">, </SPAN>ett blandat finansiellt holdingföretag <SPAN class="ft21">eller ett värdepappersinriktat holdingföretag </SPAN>som i den egenskapen får kunskap om affärsförhållanden i ett företag som enligt 7 § <SPAN class="ft21">eller artikel 7.1 i värdepappersbolagsförordningen </SPAN>ska lämna uppgifter, får inte obehörigen röja vad han eller hon fått veta och inte heller utnyttja kunskapen i strid med det uppgiftslämnande företagets intresse.</P>
<P class="p903 ft2">Paragrafen innehåller bestämmelser om tystnadsplikt för styrelseleda- möter eller befattningshavare hos vissa holdingföretag. Övervägandena finns i avsnitt 12.6.</P>
<P class="p89 ft2">Ändringarna innebär att tystnadsplikten utvidgas till att även gälla för en styrelseledamot eller befattningshavare hos ett blandat finansiellt holding- företag eller ett värdepappersinriktat holdingföretag, som i den egen- skapen får kunskap om affärsförhållanden i ett företag som enligt artikel 7.1 i värdepappersbolagsförordningen ska lämna uppgifter.</P>
<P class="p983 ft31"><SPAN class="ft35">11 § </SPAN>Ett finansiellt holdingföretag<SPAN class="ft21">, </SPAN>ett blandat finansiellt holdingföretag <SPAN class="ft21">och ett värdepappersinriktat holdingföretag </SPAN>är skyldiga att lämna ut uppgifter om enskildas förhållanden till företaget, om det under en utredning enligt bestäm- melserna om förundersökning i brottmål begärs av undersökningsledaren eller om det begärs av åklagare i ett ärende om rättslig hjälp i brottmål, på framställning av en annan stat eller en mellanfolklig domstol, eller i ett ärende om erkännande och verkställighet av en europeisk utredningsorder. Uppgifterna ska lämnas ut utan dröjsmål och i elektronisk form.</P>
<P class="p566 ft2">Paragrafen innehåller bestämmelser om uppgiftsskyldighet till undersöknings- ledare eller åklagare. Övervägandena finns i avsnitt 12.6.</P>
<P class="p89 ft2">Ändringen innebär att uppgiftsskyldigheten enligt paragrafen utvidgas till att omfatta även värdepappersinriktade holdingföretag.</P>
<P class="p727 ft2">281</P>
</DIV>
<DIV id="page_282">
<DIV>
<DIV id="id_1">
<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">282</P>
</DIV>
<DIV id="id_2">
<P class="p1027 ft22">7 kap. Moderföretag utanför EES <SPAN class="ft61">i fråga om </SPAN>gruppbaserad tillsyn <SPAN class="ft61">och intermediära holdingföretag</SPAN></P>
<P class="p1028 ft21"><SPAN class="ft35">1 § </SPAN><SPAN class="ft31">Om ett </SPAN>kreditinstitut eller ett motsvarande utländskt företag inom EES <SPAN class="ft31">inte står under gruppbaserad tillsyn enligt artikel 111 i kapitaltäckningsdirektivet och dess moderföretag är ett utländskt </SPAN>företag som motsvarar ett kreditinstitut, <SPAN class="ft31">finansiellt holdingföretag eller blandat finansiellt holdingföretag som har sitt huvudkontor utanför EES, gäller 2 och 3 §§ för det fall Finansinspektionen enligt 4 kap. </SPAN><NOBR>1–3</NOBR> <SPAN class="ft31">§§ skulle ha utövat tillsynen över den konsoliderade situationen om de bestämmelserna hade gällt.</SPAN></P>
<P class="p1029 ft2">Paragrafen innehåller bestämmelser om gruppbaserad tillsyn. Övervägandena finns i avsnitten 6.3 och 12.3.</P>
<P class="p717 ft2">Ändringarna är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p717 ft2">Paragrafen gäller gruppbaserad tillsyn över svenska och utländska företag. Det görs en rättelse genom att det kommer till uttryck att para- grafen gäller svenska och utländska företag.</P>
<P class="p717 ft2">I paragrafen justeras även en felaktig hänvisning till de bestämmelser som anger i vilka fall Finansinspektionen utövar tillsyn över en konsoli- derad situation.</P>
<P class="p1029 ft70"><SPAN class="ft114">2 § </SPAN>Finansinspektionen ska kontrollera om den gruppbaserade tillsyn som utövas av tillsynsmyndigheten i landet utanför EES är likvärdig med den gruppbaserade tillsyn som anges i artiklarna <NOBR>11–24</NOBR> i tillsynsförordningen och 4 kap. denna lag.</P>
<P class="p1030 ft70">Finansinspektionen ska utföra kontrollen på begäran av moderföretaget eller av ett inom EES auktoriserat <SPAN class="ft67">kreditinstitut eller </SPAN>institut för elektroniska pengar i den konsoliderade situationen. Innan Finansinspektionen tar ställning till om tillsynen är likvärdig, ska inspektionen höra övriga berörda behöriga myndigheter inom EES. Inspektionen ska också före ställningstagandet ha rådfrågat Europeiska bankmyndigheten.</P>
<P class="p1031 ft2">Paragrafen innehåller bestämmelser om gruppbaserad tillsyn. Övervägan- dena finns i avsnitt 6.3.</P>
<P class="p717 ft2">Ändringarna i <SPAN class="ft3">andra stycket </SPAN>är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §. Bestämmelsen gäller inom EES auktoriserade företag i den konsoliderade situationen, dvs. svenska och utländska företag. Det görs en rättelse genom att uttrycket ”eller motsvarande utländskt företag” tas bort.</P>
<P class="p1032 ft70"><SPAN class="ft114">3 § </SPAN>Om tillsynen inte bedöms likvärdig, ska Finansinspektionen tillämpa bestämmelserna om gruppbaserad tillsyn i artiklarna <NOBR>11–24</NOBR> i tillsynsförordningen och 4 kap. denna lag som om moderföretaget haft sitt huvudkontor inom EES.</P>
<P class="p69 ft118">Efter att ha hört övriga berörda behöriga myndigheter får Finansinspektionen i stället besluta att använda sig av andra tillsynsmetoder som säkerställer att <SPAN class="ft115">kreditinstitut och utländska företag som motsvarar kreditinstitut </SPAN>i den konsoli- derade situationen är föremål för tillräcklig tillsyn. Inspektionen får då förelägga en ägare till <SPAN class="ft115">ett kreditinstitut </SPAN>att inrätta ett finansiellt holdingföretag eller ett blandat finansiellt holdingföretag med huvudkontor inom EES och tillämpa bestämmel- serna i denna lag på <SPAN class="ft115">kreditinstitut och utländska företag som motsvarar kredit- institut </SPAN>i den konsoliderade situationen, som leds av detta holdingföretag.</P>
<P class="p1033 ft31">Finansinspektionen ska underrätta de berörda behöriga myndigheterna, Europeiska kommissionen och Europeiska bankmyndigheten när sådana andra tillsynsmetoder som anges i andra stycket används.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_283">
<P class="p329 ft2">Paragrafen innehåller bestämmelser om gruppbaserad tillsyn. Övervägan- Prop. 2020/21:173 dena finns i avsnitt 6.3. Paragrafen är i allt väsentligt utformad i enlighet</P>
<P class="p14 ft2">med <SPAN class="ft3">Lagrådets </SPAN>förslag.</P>
<P class="p89 ft2">Ändringarna i <SPAN class="ft3">andra stycket </SPAN>är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p92 ft2">Paragrafen gäller gruppbaserad tillsyn över svenska och utländska före- tag. Det görs en rättelse genom att det kommer till uttryck att paragrafen gäller svenska och utländska företag.</P>
<P class="p843 ft70"><SPAN class="ft114">4 § </SPAN>En grupp ska etablera ett intermediärt moderföretag inom EES, om</P>
<P class="p65 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft117">moderföretaget i gruppen är etablerat i ett land utanför EES,</SPAN></P>
<P class="p88 ft67"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">det i gruppen finns minst två </SPAN>kreditinstitut eller värdepappersbolag eller motsvarande utländska företag <SPAN class="ft70">inom EES, varav åtminstone ett i Sverige, och</SPAN></P>
<P class="p88 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft116">det totala värdet på gruppens tillgångar inom EES uppgår till motsvarande minst 40 miljarder euro.</SPAN></P>
<P class="p65 ft70">Med det totala värdet på gruppens tillgångar inom EES avses summan av</P>
<P class="p88 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft119">företagens </SPAN>tillgångar enligt en konsoliderad balansräkning eller, om en sådan inte finns, de individuella balansräkningarna, och</P>
<P class="p65 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft34">filialernas tillgångar.</SPAN></P>
<P class="p566 ft2">Paragrafen innehåller bestämmelser om gruppbaserad tillsyn. Ändringarna genomför artikel 62.9 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 6.3.</P>
<P class="p92 ft2">Ändringarna i paragrafen är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p1034 ft61">7 a kap. Moderföretag utanför EES i fråga om värdepappersföretagskoncerner</P>
<P class="p1035 ft2">Kapitlet är nytt och innehåller bestämmelser om moderföretag utanför EES vid tillsyn enligt värdepappersbolagsdirektivet. Genom bestämmel- serna genomförs artikel 55 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 12.3.</P>
<TABLE cellpadding=0 cellspacing=0 class="t124">
<TR>
<TD class="tr5 td18"><P class="p18 ft65">1 § <SPAN class="ft21">Om</SPAN></P></TD>
<TD class="tr5 td349"><P class="p18 ft21">ett värdepappersbolag, som inte står under effektiv</P></TD>
<TD class="tr5 td140"><P class="p271 ft21">tillsyn</P></TD>
<TD class="tr5 td148"><P class="p267 ft21">enligt</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr14 td316"><P class="p18 ft67">artikel 46 i värdepappersbolagsdirektivet, ingår i en koncern med minst ett annat</P></TD>
<TD class="tr14 td80"><P class="p18 ft69"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr14 td316"><P class="p18 ft67">värdepappersbolag eller ett motsvarande utländskt företag inom EES och deras</P></TD>
<TD class="tr14 td80"><P class="p18 ft69"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr14 td316"><P class="p18 ft67">gemensamma moderföretag har sitt huvudkontor utanför EES, ska Finans-</P></TD>
<TD class="tr14 td80"><P class="p18 ft69"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr14 td316"><P class="p18 ft67">inspektionen bedöma om den tillsyn som tillsynsmyndigheten i landet utanför EES</P></TD>
<TD class="tr14 td80"><P class="p18 ft69"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr14 td316"><P class="p18 ft67">har över värdepappersföretagen är likvärdig med den tillsyn som anges i</P></TD>
<TD class="tr14 td80"><P class="p18 ft69"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td191"><P class="p18 ft67">artiklarna <NOBR>1–8</NOBR> i värdepappersbolagsförordningen och i denna lag.</P></TD>
<TD class="tr14 td140"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td148"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td80"><P class="p18 ft69"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr18 td316"><P class="p18 ft2">Paragrafen, som motsvarar 7 kap. 1 § och 2 § första stycket, innehåller</P></TD>
<TD class="tr18 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td316"><P class="p18 ft2">bestämmelser om likvärdighetsbedömning av tillsyn i tredjeland i fråga</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td316"><P class="p18 ft2">om värdepappersbolag. Paragrafen genomför artikel 55.1 i värdepappers-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td316"><P class="p18 ft2">bolagsdirektivet. Paragrafen är utformad i enlighet med <SPAN class="ft3">Lagrådets </SPAN>förslag.</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td316"><P class="p267 ft2">Paragrafen är tillämplig när minst två värdepappersföretag, varav ett är ett</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td316"><P class="p18 ft2">svenskt värdepappersbolag, ingår i en grupp och att deras gemensamma</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td316"><P class="p18 ft2">moderföretag har sitt huvudkontor utanför EES. Finansinspektionen ska i ett</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td316"><P class="p18 ft2">sådant fall bedöma om den tillsyn som en tillsynsmyndighet i ett land</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td316"><P class="p18 ft2">utanför EES utför är likvärdig med den tillsyn som utövas enligt denna lag</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td316"><P class="p18 ft2">och värdepappersbolagsförordningen. Termen moderföretag har samma</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td18"><P class="p18 ft2">innebörd</P></TD>
<TD class="tr4 td349"><P class="p43 ft2">som i värdepappersbolagsförordningen (1 kap.</P></TD>
<TD class="tr4 td140"><P class="p292 ft2">2 §</P></TD>
<TD class="tr4 td148"><P class="p267 ft31">första</P></TD>
<TD rowspan=2 class="tr20 td80"><P class="p16 ft2">283</P></TD>
</TR>
<TR>
<TD class="tr38 td18"><P class="p18 ft86"> </P></TD>
<TD class="tr38 td349"><P class="p18 ft86"> </P></TD>
<TD class="tr38 td140"><P class="p18 ft86"> </P></TD>
<TD class="tr38 td148"><P class="p18 ft86"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_284">
<P class="p913 ft2">Prop. 2020/21:173 stycket 9). Att det med moderföretag inte endast avses omedelbara sådana framgår av definitionen av termen dotterföretag som omfattar varje företag som står under bestämmande inflytande av ett moderföretag, inbegripet varje dotterföretag till ett överordnat moderföretag (se artikel 4.1.51 i värdepappersbolagsförordningen).</P>
<P class="p918 ft2">Det som anges om tillsyn i denna lag och i del 1 i värdepappersbolags- förordningen (särskilt artiklarna <NOBR>5–8)</NOBR> ger viss ledning för bedömningen av om tillsynen i ett land utanför EES är likvärdig med den tillsyn som behöriga myndigheter ska utöva enligt förordningen.</P>
<P class="p918 ft2">I lagtexten används termen koncern i stället för termen grupp, se avsnitt 6.3.</P>
<P class="p916 ft67"><SPAN class="ft127">2 § </SPAN>Om tillsynen inte bedöms likvärdig, ska Finansinspektionen, för det fall den enligt 4 a kap. <NOBR>1–3</NOBR> §§ skulle ha utövat tillsynen över värdepappersföretags- koncernen om de bestämmelserna hade gällt, besluta om lämpliga tillsynsmetoder som uppnår tillsynsmålen enligt artikel 7 eller 8 i värdepappersbolagsförord- ningen. Finansinspektionen får kräva att koncernen etablerar ett värdepappers- inriktat holdingföretag eller ett blandat finansiellt holdingföretag inom EES. Inspektionen får då tillämpa artikel 7 eller 8 i värdepappersbolagsförordningen på detta företag.</P>
<P class="p1036 ft2">Paragrafen, som delvis motsvarar 7 kap. 3 § första och andra styckena, innehåller bestämmelser om åtgärder som Finansinspektionen i visst fall ska vidta för att tillsynsmålen ska uppnås. Paragrafen genomför del- vis artikel 55.2 och artikel 55.3 i värdepappersbolagsdirektivet. Paragrafen är utformad i enlighet med <SPAN class="ft3">Lagrådets </SPAN>förslag.</P>
<P class="p915 ft2">I paragrafen anges att Finansinspektionen, för det fall bedömningen enligt 1 § visar att det inte finns någon likvärdig tillsyn, ska besluta om lämpliga tillsynsmetoder som uppnår tillsynsmålen enligt artikel 7 eller 8 i värdepappersbolagsförordningen. Finansinspektionen får då kräva att det etableras ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag inom EES och tillämpa artikel 7 eller 8 i förord- ningen på detta företag. Det som anges om tillsyn i denna lag och i del 1 i värdepappersbolagsförordningen (särskilt artiklarna <NOBR>5–8)</NOBR> ger viss ledning för vilka åtgärder som Finansinspektionen bör vidta om inspektionen bedömer att tillsynen inte är likvärdig.</P>
<P class="p1037 ft67"><SPAN class="ft127">3 § </SPAN>Innan Finansinspektionen fattar beslut enligt 2 § ska inspektionen samråda med övriga berörda behöriga myndigheter.</P>
<P class="p1038 ft67">Finansinspektionen ska underrätta de berörda behöriga myndigheterna, Europeiska kommissionen och Europeiska bankmyndigheten om åtgärder som den</P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft21">vidtar med stöd av 2 §.</P></TD>
</TR>
<TR>
<TD class="tr7 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr7 td243"><P class="p279 ft2">Paragrafen, som delvis motsvarar 7 kap. 3 § andra och tredje styckena,</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">innehåller bestämmelser om samråd och underrättelser vid tillämpning av</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">2 §. Paragrafen genomför delvis artikel 55.2 i värdepappersbolagsdirek-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">tivet. Paragrafen är i allt väsentligt utformad i enlighet med <SPAN class="ft3">Lagrådets</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft2">förslag.</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p380 ft2"><SPAN class="ft3">Första stycket </SPAN>innebär att Finansinspektionen inför ett beslut enligt 2 §</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft2">ska samråda med övriga berörda behöriga myndigheter.</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p380 ft31">I <SPAN class="ft21">andra stycket </SPAN>finns en skyldighet för Finansinspektionen att underrätta</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr3 td176"><P class="p278 ft2">284</P></TD>
<TD class="tr4 td243"><P class="p279 ft2">de berörda behöriga myndigheterna, kommissionen och Europeiska bank-</P></TD>
</TR>
<TR>
<TD class="tr40 td243"><P class="p18 ft88"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_285">
<P class="p329 ft2">myndigheten om åtgärder som vidtas enligt 2 §. Underrättelseskyldigheten Prop. 2020/21:173 omfattar både själva beslutet om tillsynsmetod och de åtgärder som vidtas</P>
<P class="p14 ft2">inom ramen för tillsynsmetoden.</P>
<P class="p623 ft22">8 kap. Ingripanden och ansvarsbestämmelse</P>
<P class="p1039 ft70"><SPAN class="ft114">1 § </SPAN>Om ett företag inte uppfyller kraven i tillsynsförordningen, <SPAN class="ft67">värdepappers- bolagsförordningen, </SPAN>denna lag eller föreskrifter som meddelats med stöd av lagen, ska Finansinspektionen förelägga företaget att inom en viss tid begränsa rörelsen i något avseende, minska riskerna i den eller vidta någon annan åtgärd för att komma till rätta med situationen.</P>
<P class="p984 ft67"><SPAN class="ft70">Om ett </SPAN>kreditinstitut eller ett värdepappersbolag <SPAN class="ft70">bryter mot tillsyns- förordningen, </SPAN>värdepappersbolagsförordningen, <SPAN class="ft70">denna lag eller föreskrifter som meddelats med stöd av lagen, gäller dessutom bestämmelserna om ingripande i de lagar som reglerar </SPAN>företagens <SPAN class="ft70">verksamhet.</SPAN></P>
<P class="p1040 ft31">I paragrafen regleras möjligheter för Finansinspektionen att ingripa när någon inte fullgör sina skyldigheter eller har gjort sig skyldig till en överträdelse. Ändringarna genomför delvis artiklarna 38 och 54 i värdepappersbolags- direktivet. Övervägandena finns i avsnitten 6.3 och 13.3.</P>
<P class="p89 ft2">Ändringarna innebär att Finansinspektionen kan ingripa även vid över- trädelser av värdepappersbolagsförordningen.</P>
<P class="p89 ft2">Övriga ändringar är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p1041 ft29"><SPAN class="ft148">2 § </SPAN>Finansinspektionen ska förelägga ett finansiellt holdingföretag, ett blandat finansiellt holdingföretag<SPAN class="ft120">, </SPAN>ett holdingföretag med blandad verksamhet <SPAN class="ft120">eller ett värdepappersinriktat holdingföretag </SPAN>att vidta åtgärder för att göra rättelse, om holdingföretaget inte uppfyller de krav som ställs på det enligt tillsynsförordningen, <SPAN class="ft120">värdepappersbolagsförordningen, </SPAN>denna lag eller föreskrifter som meddelats med stöd av lagen. Ett sådant föreläggande ska också riktas mot ett finansiellt holding- företag<SPAN class="ft120">, </SPAN>ett blandat finansiellt holdingföretag <SPAN class="ft120">eller ett värdepappersinriktat holding- företag, </SPAN>vars ledning inte uppfyller kraven i denna lag.</P>
<P class="p1042 ft2">I paragrafen regleras möjligheter för Finansinspektionen att förelägga vissa företag att vidta åtgärder för rättelse. Ändringarna genomför delvis artikel 54 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 13.3.</P>
<P class="p89 ft2">Ändringarna innebär att Finansinspektionen kan ingripa med stöd av bestämmelsen även mot ett värdepappersinriktat holdingföretag.</P>
<P class="p1043 ft70"><SPAN class="ft114">4 § </SPAN>Om ett <SPAN class="ft67">kreditinstitut</SPAN>, <SPAN class="ft67">ett värdepappersbolag, </SPAN>ett finansiellt holdingföretag, ett blandat finansiellt holdingföretag<SPAN class="ft67">, </SPAN>ett holdingföretag med blandad verksamhet <SPAN class="ft67">eller ett värdepappersinriktat holdingföretag </SPAN>med huvudkontor i Sverige inte i tid lämnar upplysningar enligt föreskrifter meddelade med stöd av tillsynsförordningen <SPAN class="ft67">eller värdepappersbolagsförordningen</SPAN>, får Finansinspektionen besluta att företaget ska betala en förseningsavgift med högst 100 000 kronor.</P>
<P class="p1044 ft31">Avgiften tillfaller staten.</P>
<P class="p992 ft2">Paragrafen innehåller bestämmelser om att Finansinspektionen i vissa fall får besluta om förseningsavgift. Ändringen genomför delvis artiklarna</P>
<P class="p522 ft2"><SPAN class="ft2">53.1</SPAN><SPAN class="ft15">och 54 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitten 6.3 och 13.3.</SPAN></P>
<P class="p539 ft2">285</P>
</DIV>
<DIV id="page_286">
<P class="p473 ft2">Prop. 2020/21:173 Ändringen innebär att beslut om förseningsavgift även kan fattas i fråga om ett värdepappersinriktat holdingföretag.</P>
<P class="p477 ft2">Övriga ändringar är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p801 ft22">9 kap. Avgifter</P>
<P class="p559 ft70"><SPAN class="ft114">1 § </SPAN><SPAN class="ft67">Kreditinstitut och värdepappersbolag </SPAN>som står under tillsyn enligt tillsyns- förordningen <SPAN class="ft67">eller värdepappersbolagsförordningen </SPAN>och denna lag ska med årliga avgifter bekosta Finansinspektionens verksamhet samt Statistiska centralbyråns verksamhet enligt lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna.</P>
<P class="p477 ft70">Finansinspektionen får ta ut avgifter för prövning av ansökningar och anmälningar enligt tillsynsförordningen<SPAN class="ft67">, värdepappersbolagsförordningen </SPAN>och denna lag.</P>
<P class="p562 ft31">Om Finansinspektionen behöver anlita någon med särskild fackkunskap för bedömning av en viss fråga vid tillsynen enligt denna lag, ska kostnaden för detta betalas av det <SPAN class="ft21">kreditinstitut eller värdepappersbolag </SPAN>som tillsynen avser.</P>
<P class="p502 ft2">Paragrafen innehåller bestämmelser om avgifter för att bekosta viss verk- samhet hos Finansinspektionen och Statistiska centralbyrån och Finans- inspektionens prövning av ansökningar och anmälningar. Övervägandena finns i avsnitten 6.3 och 11.10.</P>
<P class="p477 ft2">Ändringarna innebär att avgifter får tas ut även för att bekosta verk- samhet enligt värdepappersbolagsförordningen och prövning av ärenden enligt den förordningen.</P>
<P class="p477 ft2">Övriga ändringar är en följd av att definitionen av institut får en ny innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p801 ft22">10 kap. Bemyndiganden</P>
<P class="p979 ft70"><SPAN class="ft114">1 § </SPAN>Regeringen eller den myndighet som regeringen bestämmer får meddela föreskrifter som kompletterar tillsynsförordningens bestämmelser om</P>
<P class="p474 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">offentliggörande av information och tillsynsrapportering,</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">beräkningen av kapitalbaskravet samt kapitalbasen,</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft116">stora exponeringar,</SPAN></P>
<P class="p479 ft31"><SPAN class="ft31">4.</SPAN><SPAN class="ft47">exponeringar i fastigheter,</SPAN></P>
<P class="p479 ft118"><SPAN class="ft118">5.</SPAN><SPAN class="ft126">säkerställda obligationer,</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">6.</SPAN><SPAN class="ft116">likviditetskrav,</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">7.</SPAN><SPAN class="ft116">interna modeller för marknadsrisker,</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">8.</SPAN><SPAN class="ft116">schablonmetoden för marknadsrisker,</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">9.</SPAN><SPAN class="ft116">schablonmetoden för kreditrisker,</SPAN></P>
<P class="p479 ft118"><SPAN class="ft118">10.</SPAN><NOBR><SPAN class="ft126">IRK-metoden</SPAN></NOBR> för kreditrisker,</P>
<P class="p479 ft70"><SPAN class="ft70">11.</SPAN><SPAN class="ft116">motpartsrisker,</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">12.</SPAN><SPAN class="ft116">värdepapperisering,</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">13.</SPAN><SPAN class="ft116">bruttosoliditet,</SPAN></P>
<P class="p479 ft118"><SPAN class="ft118">14.</SPAN><SPAN class="ft126">konsolidering av de gruppbaserade kraven,</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">15.</SPAN><SPAN class="ft116">omklassificering av positioner, och</SPAN></P>
<P class="p479 ft31"><SPAN class="ft31">16.</SPAN><SPAN class="ft47">klassificering av </SPAN><SPAN class="ft21">kreditinstitut</SPAN>.</P>
<P class="p1045 ft2">Paragrafen innehåller bemyndiganden. Övervägandena finns i avsnitt 6.3. Ändringen i <SPAN class="ft3">punkt 16 </SPAN>är en följd av att definitionen av institut får en ny</P>
<P class="p540 ft2">innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p507 ft2">286</P>
</DIV>
<DIV id="page_287">
<P class="p329 ft21"><SPAN class="ft65">1 a § </SPAN>Regeringen eller den myndighet som regeringen bestämmer får meddela <SPAN class="ft2">Prop. 2020/21:173 </SPAN>föreskrifter som kompletterar värdepappersbolagsförordningens bestämmelser</P>
<P class="p14 ft67">om</P>
<P class="p65 ft67"><SPAN class="ft67">1.</SPAN><SPAN class="ft141">beräkningen av kapitalbaskraven (artikel 30.1 tredje stycket), och</SPAN></P>
<P class="p65 ft21"><SPAN class="ft21">2.</SPAN><SPAN class="ft54">koncentrationsrisker (artikel 41.2).</SPAN></P>
<P class="p992 ft2">Paragrafen, som är ny, innehåller ett bemyndigande för regeringen eller den myndighet som regeringen bestämmer att meddela föreskrifter i vissa avseenden. Övervägandena finns i avsnitt 14.5.2.</P>
<P class="p89 ft2">Med stöd av bemyndigandet kan föreskrifter meddelas om att ändra volatilitetsjusteringar för vissa typer av råvaror enligt artikel 30.1 tredje stycket i värdepappersbolagsförordningen (som rör beräkningen av kapitalbaskraven) och om att i enlighet med artikel 41.2 undanta vissa exponeringar från tillämpningen av artikel 37 i förordningen (om beräkningen av koncentrationsrisker).</P>
<P class="p972 ft70"><SPAN class="ft114">2 § </SPAN>Regeringen eller den myndighet som regeringen bestämmer får meddela föreskrifter om</P>
<P class="p87 ft70">1. vilka krav som ska ställas på den som ska ingå i ledningen i</P>
<P class="p461 ft70"><SPAN class="ft67">a)</SPAN><SPAN class="ft116">ett finansiellt holdingföretag </SPAN><SPAN class="ft67">eller </SPAN>ett blandat finansiellt holdingföretag <SPAN class="ft67">enligt 3 kap. 5 §, eller</SPAN></P>
<P class="p88 ft67"><SPAN class="ft67">b)</SPAN><SPAN class="ft119">ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holding- företag enligt 3 a kap. 2 §</SPAN><SPAN class="ft70">,</SPAN></P>
<P class="p65 ft70">2. vid vilken tidpunkt, på vilken plats och med vilka intervall</P>
<P class="p88 ft70"><SPAN class="ft67">a)</SPAN><SPAN class="ft119">kreditinstitut </SPAN>ska offentliggöra sådan information som anges i artiklar- na <NOBR>431–455</NOBR> i tillsynsförordningen<SPAN class="ft67">, och</SPAN></P>
<P class="p88 ft67"><SPAN class="ft67">b)</SPAN><SPAN class="ft119">värdepappersbolag ska offentliggöra sådan information som anges i arti- kel 46 i värdepappersbolagsförordningen</SPAN><SPAN class="ft70">,</SPAN></P>
<P class="p87 ft31">3. vilken information moderföretag ska offentliggöra enligt 6 kap. 2 §,</P>
<P class="p92 ft118">4. när kapitalbaskraven i tillsynsförordningen eller Europaparlamentets och rådets förordning (EU) 2017/2402 av den 12 december 2017 om ett allmänt ramverk för värdepapperisering och om inrättande av ett särskilt ramverk för enkel, transparent och standardiserad värdepapperisering samt om ändring av direktiven 2009/65/EG, 2009/138/EG och 2011/61/EU och förordningarna (EG) nr 1060/2009 och (EU) nr 648/2012 inte ska anses täcka en risk och hur nivån på ett särskilt kapitalbaskrav enligt 2 kap. för att täcka en sådan risk ska fastställas,</P>
<P class="p1046 ft29">5. de omständigheter som ska beaktas, dels vid prövningen enligt 2 kap. 2 § av om ett <SPAN class="ft120">kreditinstitut eller ett värdepappersbolag </SPAN>ska uppfylla ett särskilt likviditets- krav, dels vid fastställandet av en lämplig nivå för ett sådant särskilt likviditetskrav</P>
<P class="p83 ft31"><SPAN class="ft31">i</SPAN><SPAN class="ft47">samband med en översyn och utvärdering av </SPAN><SPAN class="ft21">företaget</SPAN>, och</P>
<P class="p65 ft31">6. hur uppgifter enligt 6 kap. 11 § ska lämnas.</P>
<TABLE cellpadding=0 cellspacing=0 class="t125">
<TR>
<TD class="tr2 td316"><P class="p18 ft2">Paragrafen innehåller bemyndiganden. Genom ändringarna kan före-</P></TD>
<TD class="tr2 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">skrifter meddelas som genomför artiklarna 44 och 52 i värdepappers-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">bolagsdirektivet. Övervägandena finns i avsnitten 6.3, 9.3 och 11.8.</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p39 ft2">Genom ändringen i <SPAN class="ft3">punkt 1 </SPAN>kan föreskrifter meddelas även om vilka</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">krav som ska ställas på den som ska ingå i ledningen i ett värdepappers-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">inriktat holdingföretag. Därigenom kan artikel 52 i värdepappersbolags-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">direktivet genomföras.</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p39 ft2">Genom ändringen i <SPAN class="ft3">punkt 2 </SPAN>kan föreskrifter meddelas som genomför</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td316"><P class="p18 ft2">artikel 44 i värdepappersbolagsdirektivet. Den information som avses i</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">artikel 46 i värdepappersbolagsförordningen gäller bl.a. kapitalbasen och</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td316"><P class="p18 ft2">kapitalbaskrav.</P></TD>
<TD rowspan=2 class="tr6 td80"><P class="p16 ft2">287</P></TD>
</TR>
<TR>
<TD class="tr43 td316"><P class="p18 ft90"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_288">
<P class="p558 ft2">Prop. 2020/21:173 Övriga ändringar är en följd av att definitionen av institut får en ny</P>
<P class="p489 ft2">innebörd, se författningskommentaren till 1 kap. 2 §.</P>
<P class="p801 ft22">Ikraftträdandebestämmelse</P>
<P class="p959 ft31">Denna lag träder i kraft den 26 juni 2021.</P>
<P class="p1047 ft2">Ikraftträdandebestämmelsen genomför delvis artikel 67.1 i värdepappers- bolagsdirektivet. Övervägandena finns i avsnitt 15.2.1.</P>
<P class="p1048 ft18"><SPAN class="ft76">17.3</SPAN><SPAN class="ft91">Förslaget till lag om ändring i lagen (2014:966) om kapitalbuffertar</SPAN></P>
<P class="p584 ft22">1 kap. Inledande bestämmelser</P>
<P class="p1049 ft31"><SPAN class="ft35">2 § </SPAN>I denna lag betyder</P>
<P class="p490 ft67"><SPAN class="ft70">1. </SPAN>blandade finansiella moderholdingföretag inom EES<SPAN class="ft70">: företag som avses i artikel 4.1.33 i Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012 (tillsynsförordningen),</SPAN></P>
<P class="p895 ft31">2. <SPAN class="ft21">dotterföretag</SPAN>: sådant företag som avses i artikel 4.1.16 i tillsynsförordningen,</P>
<P class="p479 ft70">3. <SPAN class="ft67">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p490 ft70">4. <SPAN class="ft67">ESRB</SPAN>: Europeiska systemrisknämnden enligt Europaparlamentets och rådets förordning (EU) nr 1092/2010 av den 24 november 2010 om makrotillsyn av det finansiella systemet på <NOBR>EU-nivå</NOBR> och om inrättande av en europeisk systemrisk- nämnd,</P>
<P class="p498 ft70">5. <SPAN class="ft67">finansiella moderholdingföretag inom EES</SPAN>: företag som avses i artikel 4.1.31 i tillsynsförordningen,</P>
<P class="p498 ft21"><SPAN class="ft31">6. </SPAN>institut<SPAN class="ft31">: kreditinstitut enligt </SPAN>lagen (2014:968) om särskild tillsyn över kredit- institut och värdepappersbolag<SPAN class="ft31">,</SPAN></P>
<P class="p490 ft70">7. <SPAN class="ft67">kapitaltäckningsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kredit- institut och om tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om upphävande av <SPAN class="ft67">direktiven </SPAN>2006/48/EG och 2006/49/EG, i lydelsen enligt Europa- parlamentets och rådets direktiv (EU) <SPAN class="ft67">2019/2034</SPAN>,</P>
<P class="p895 ft31">8. <SPAN class="ft21">kärnprimärkapital</SPAN>: kapital som avses i artikel 50 i tillsynsförordningen,</P>
<P class="p490 ft70">9. <SPAN class="ft67">moderinstitut inom EES</SPAN>: företag som avses i artikel 4.1.29 i tillsyns- förordningen,</P>
<P class="p490 ft70">10. <SPAN class="ft67">primärkapital</SPAN>: primärkapital som avses i artikel 4.1.101 i tillsyns- förordningen,</P>
<P class="p490 ft31">11. <SPAN class="ft21">på grupp- eller undergruppsnivå</SPAN>: det sätt som institut i enlighet med bestämmelser om tillsyn på gruppnivå i artiklarna <NOBR>6–24</NOBR> i tillsynsförordningen ska uppfylla ställda krav,</P>
<P class="p536 ft29">12. <SPAN class="ft120">systemrisk</SPAN>: risk för en störning i det finansiella systemet som kan få allvarliga negativa konsekvenser för det finansiella systemet och samhällsekonomin,</P>
<P class="p490 ft70">13. <SPAN class="ft67">systemviktigt institut</SPAN>: ett institut vars fallissemang eller bristande funktion kan leda till systemrisk,</P>
<P class="p505 ft31">14. <SPAN class="ft21">tillsynsförordningen</SPAN>: Europaparlamentets och rådets förordning (EU)</P>
<TABLE cellpadding=0 cellspacing=0 class="t126">
<TR>
<TD class="tr9 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr9 td243"><P class="p279 ft118">nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft31">av förordning (EU) nr 648/2012,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70">15. <SPAN class="ft67">totalt riskvägt exponeringsbelopp</SPAN>: det belopp som avses i artikel 92 i</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr32 td176"><P class="p278 ft2">288</P></TD>
<TD class="tr4 td243"><P class="p279 ft31">tillsynsförordningen, <SPAN class="ft21">och</SPAN></P></TD>
</TR>
<TR>
<TD class="tr12 td243"><P class="p18 ft14"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_289">
<TABLE cellpadding=0 cellspacing=0 class="t127">
<TR>
<TD class="tr2 td345"><P class="p18 ft21">16<SPAN class="ft31">. </SPAN>värdeöverföringar kopplade till kärnprimärkapitalet<SPAN class="ft31">:</SPAN></P></TD>
<TD class="tr2 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
</TABLE>
<P class="p166 ft31"><SPAN class="ft31">a)</SPAN><SPAN class="ft47">utbetalning i form av en kontant utdelning,</SPAN></P>
<P class="p170 ft70"><SPAN class="ft70">b)</SPAN><SPAN class="ft116">fondemission eller partiell fondemission eller överföring eller utdelning av helt eller delvis betalda fondaktier eller andra kapitalinstrument som anges i artikel 26.1 a i tillsynsförordningen,</SPAN></P>
<P class="p168 ft70"><SPAN class="ft70">c)</SPAN><SPAN class="ft116">inlösen eller uppköp av egna aktier eller andelar eller andra kapitalinstrument som anges i artikel 26.1 a i tillsynsförordningen,</SPAN></P>
<P class="p943 ft31"><SPAN class="ft31">d)</SPAN><SPAN class="ft47">återbetalning av belopp som utbetalas med anknytning till kapitalinstrument som anges i artikel 26.1 a i tillsynsförordningen,</SPAN></P>
<P class="p167 ft31"><SPAN class="ft31">e)</SPAN><SPAN class="ft47">en överföring eller utdelning av poster som avses i artikel 26.1 </SPAN><NOBR>b–e</NOBR> i tillsyns- förordningen.</P>
<P class="p923 ft2">Paragrafen innehåller definitioner. Övervägandena finns i avsnitten 14.3 och 14.5.1.</P>
<P class="p170 ft2">Ändringen i <SPAN class="ft3">punkt 1 </SPAN>i fråga om tillsynsförordningen är en följd av att rättsaktens titel har ändrats genom värdepappersbolagsförordningen.</P>
<P class="p483 ft2">I definitionen av institut i <SPAN class="ft3">punkt 6 </SPAN>ändras vad som avses med värde- pappersbolag som en konsekvens av att lagen gäller bara för vissa värde- pappersbolag i enlighet med de ändringar som har gjorts i tillsyns- förordningen genom värdepappersbolagsförordningen. Dessutom om- fattar definitionen även värdepappersbolag med tillstånd att ta emot kunders medel på konto.</P>
<P class="p495 ft2">Ändringen i <SPAN class="ft3">punkt 7 </SPAN>i fråga om kapitaltäckningsdirektivet är en följd av att rättsaktens titel har ändrats genom värdepappersbolagsdirektivet.</P>
<P class="p170 ft2">Ändringen i <SPAN class="ft3">punkt 14 </SPAN>i fråga om tillsynsförordningen är en följd av att rättsaktens titel har ändrats genom värdepappersbolagsförordningen.</P>
<P class="p9 ft2">Definitionen av värdepappersbolag i <SPAN class="ft3">punkt 16 </SPAN>tas bort.</P>
<P class="p170 ft2">Hänvisningen till tillsynsförordningen är dynamisk och hänvisningen till kapitaltäckningsdirektivet är statisk.</P>
<P class="p939 ft22">6 kap. Kontracyklisk kapitalbuffert</P>
<P class="p796 ft31"><SPAN class="ft35">7 § </SPAN>Ett institut ska ha metoder som gör det möjligt att i enlighet med föreskrifter som meddelats med stöd av 10 kap. 1 § <SPAN class="ft21">9 </SPAN>fortlöpande beräkna institutets högsta förfogandebelopp.</P>
<P class="p921 ft2">Paragrafen innehåller bestämmelser om krav på metoder för att beräkna högsta förfogandebelopp.</P>
<P class="p170 ft2">I paragrafen görs en följdändring med anledning av att punkterna i 10 kap. 1 § numreras om.</P>
<P class="p1050 ft22">8 kap. Ingripanden och restriktioner om vissa kapitalbuffertar inte uppfylls</P>
<P class="p1013 ft118"><SPAN class="ft132">1</SPAN><SPAN class="ft149">§ </SPAN>Ett institut som inte uppfyller det kombinerade buffertkravet enligt 2 kap. 2 § eller kravet på bruttosoliditetsbuffert enligt artikel 92.1a i tillsynsförordningen ska till Finansinspektionen</P>
<P class="p1051 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">i enlighet med föreskrifter som meddelats med stöd av 10 kap. 1 § </SPAN><SPAN class="ft67">9 </SPAN>rapportera högsta förfogandebelopp, och</P>
<P class="p495 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">inom fem arbetsdagar från den dag då det konstaterades att buffertkravet inte är uppfyllt lämna in en kapitalkonserveringsplan som visar hur institutet inom rimlig tid åter ska uppnå kravet.</SPAN></P>
<P class="p1052 ft2">289</P>
</DIV>
<DIV id="page_290">
<P class="p497 ft31"><SPAN class="ft2">Prop. 2020/21:173 </SPAN>Om det med beaktande av arten och omfattningen av institutets verksamhet finns skäl för det, får Finansinspektionen medge att kapitalkonserveringsplanen ges in till inspektionen inom högst tio arbetsdagar.</P>
<P class="p1053 ft2">Paragrafen innehåller bestämmelser om högsta förfogandebelopp och kapitalkonserveringsplan.</P>
<P class="p475 ft2">I <SPAN class="ft3">första stycket </SPAN>görs en följdändring med anledning av att punkterna i 10 kap. 1 § numreras om.</P>
<P class="p801 ft22">10 kap. Bemyndiganden</P>
<P class="p1054 ft70"><SPAN class="ft114">1</SPAN><SPAN class="ft150">§ </SPAN>Regeringen eller den myndighet som regeringen bestämmer får meddela föreskrifter om</P>
<P class="p476 ft70"><SPAN class="ft67">1</SPAN>. de principer som ska beaktas vid fastställandet och graderingen av systemrisk- bufferten enligt 4 kap. 1 §,</P>
<P class="p1055 ft70"><SPAN class="ft67">2</SPAN>. fastställandet av geografisk tillhörighet hos exponeringar avseende system- riskbufferten samt hur de geografiska systemriskbuffertkraven ska sammanvägas, <SPAN class="ft67">3</SPAN>. hur systemriskbufferten ska beräknas enligt 4 kap. 2 § och vilka exponeringar</P>
<P class="p540 ft70">bufferten får gälla,</P>
<P class="p476 ft70"><SPAN class="ft67">4</SPAN>. bedömningsgrunder för när ett institut ska utses till globalt systemviktigt eller ska flyttas till en högre kategori av globalt systemviktiga institut,</P>
<P class="p476 ft70"><SPAN class="ft67">5</SPAN>. hur övriga systemviktiga institut ska identifieras och hur bedömning av tillhörande kapitalbuffertkrav ska ske enligt 5 kap. 3 och 4 §§,</P>
<P class="p476 ft118"><SPAN class="ft115">6</SPAN>. vilka kreditexponeringar som i enlighet med 6 kap. 1 § ska beaktas vid beräkningen av den kontracykliska kapitalbufferten,</P>
<P class="p476 ft70"><SPAN class="ft67">7</SPAN>. beräkningen av det viktade genomsnittet av de kontracykliska buffertvärdena enligt 6 kap. 1 §,</P>
<P class="p476 ft70"><SPAN class="ft67">8</SPAN>. skyldighet för instituten att ange sina kreditexponeringars geografiska område,</P>
<P class="p1056 ft70"><SPAN class="ft67">9</SPAN>. hur högsta förfogandebelopp enligt 8 kap. 1 § ska beräknas och rapporteras, <SPAN class="ft67">10</SPAN>. de krav som en kapitalkonserveringsplan enligt 8 kap. 1 § ska uppfylla, och</P>
<P class="p479 ft31"><SPAN class="ft21">11</SPAN>. underrättelseskyldigheten enligt 8 kap. 5 §.</P>
<P class="p1047 ft2">Paragrafen innehåller bemyndiganden. Övervägandena finns i av- snitt 14.3.</P>
<P class="p476 ft2">Ändringarna innebär att hittillsvarande punkterna 1 och 9 tas bort. Det är följdändringar med anledning av att 3 kap. 3 § och 6 § kap. 3 § tas bort.</P>
<P class="p1057 ft18"><SPAN class="ft76">17.4</SPAN><SPAN class="ft91">Förslaget till lag om ändring i kreditupplysningslagen (1973:1173)</SPAN></P>
<P class="p575 ft118"><SPAN class="ft132">11 § </SPAN>När en kreditupplysning om en fysisk person lämnas ut, ska till den som avses med upplysningen samtidigt och kostnadsfritt sändas ett skriftligt med- delande om</P>
<P class="p562 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">vem som bedriver kreditupplysningsverksamheten och kontaktuppgifter till dataskyddsombudet, om ett sådant ombud krävs enligt artikel 37 i EU:s data- skyddsförordning,</SPAN></P>
<P class="p505 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">ändamålen med och den rättsliga grunden för behandlingen,</SPAN></P>
<P class="p476 ft118"><SPAN class="ft118">3.</SPAN><SPAN class="ft126">vilka kategorier av personuppgifter som behandlas, varifrån uppgifterna hämtats och hur länge uppgifterna kommer att lagras,</SPAN></P>
<P class="p475 ft31"><SPAN class="ft31">4.</SPAN><SPAN class="ft47">de uppgifter, omdömen och råd som upplysningen innehåller om honom eller henne,</SPAN></P>
<P class="p671 ft2">290</P>
</DIV>
<DIV id="page_291">
<P class="p136 ft70">5. möjligheten att få tillgång till och rättelse av de uppgifter som rör honom eller <SPAN class="ft66">Prop. 2020/21:173 </SPAN>henne,</P>
<P class="p88 ft70"><SPAN class="ft70">6.</SPAN><SPAN class="ft116">vilka kategorier av mottagare som kan ta del av personuppgifterna och vem som har begärt upplysningen, och</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">7.</SPAN><SPAN class="ft117">möjligheten att framställa klagomål till Integritetsskyddsmyndigheten.</SPAN></P>
<P class="p92 ft118">Om kreditupplysningen lämnas ut till ett svenskt kreditinstitut eller <SPAN class="ft115">ett bolag som avses i 1 kap. 2 § första stycket 7 </SPAN><NOBR><SPAN class="ft115">c–f</SPAN></NOBR><SPAN class="ft115"> lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag</SPAN>, eller till ett motsvarande utländskt företag, för att användas endast som underlag för beräkning av kapitalkravet för kreditrisker med en sådan metod som avses i artikel 143.1 i Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012, får meddelandet sändas senare men utan onödigt dröjsmål och begränsas till information enligt första stycket 1, 2 och 6. Om den som avses med upplysningen begär det, ska även information enligt 3, 4, 5 och 7 sändas till honom eller henne.</P>
<P class="p1058 ft70">Första och andra styckena gäller också när en kreditupplysning lämnas om ett handelsbolag eller kommanditbolag.</P>
<P class="p92 ft70"><NOBR>Första–tredje</NOBR> styckena gäller inte kreditupplysningar som lämnas genom offentliggörande på ett sådant sätt som avses i tryckfrihetsförordningen eller yttrandefrihetsgrundlagen, utom när upplysningarna tillhandahålls ur en databas enligt 1 kap. 4 § yttrandefrihetsgrundlagen på sätt som avses i den paragrafens första stycke 2 <NOBR>a–c.</NOBR></P>
<P class="p1059 ft2">Paragrafen innehåller bestämmelser om att den som avses med en kredit- upplysning ska informeras i olika avseenden samtidigt som upplysningen lämnas ut. Övervägandena finns i avsnitten 14.5.1 och 14.5.3.</P>
<P class="p982 ft31">I <SPAN class="ft21">andra stycket </SPAN>görs en följdändring med anledning av att de flesta värde- pappersbolag inte längre ska tillämpa tillsynsförordningen utan i stället ska tillämpa värdepappersbolagsförordningen. Den ändringen innebär att bestäm- melsen gäller bara för värdepappersbolag som ska tillämpa tillsynslagen.</P>
<P class="p89 ft2">I stycket görs även en följdändring med anledning av att tillsynsförord- ningens titel har ändrats genom värdepappersbolagsförordningen. Hänvis- ningen till förordningen är dynamisk.</P>
<P class="p1060 ft101"><SPAN class="ft76">17.5</SPAN><SPAN class="ft151">Förslaget till lag om ändring i lagen (1980:1097) om den Svenska skeppshypotekskassan</SPAN></P>
<P class="p517 ft31"><SPAN class="ft35">3 a § </SPAN>Av lagen (2014:968) om särskild tillsyn över kreditinstitut och värde- pappersbolag och lagen (2014:966) om kapitalbuffertar framgår att lagarna och bestämmelser i Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012 ska tillämpas för Svenska skeppshypotekskassan.</P>
<P class="p903 ft2">Paragrafen innehåller en upplysning om att tillsynslagen, buffertlagen och bestämmelser i tillsynsförordningen ska tillämpas för Svenska skepps- hypotekskassan. Övervägandena finns i avsnitt 14.5.1.</P>
<P class="p331 ft2">Ändringen är en följdändring med anledning av att tillsynsförordningens titel har ändrats genom värdepappersbolagsförordningen. Hänvisningen till förordningen är dynamisk.</P>
<P class="p1061 ft2">291</P>
</DIV>
<DIV id="page_292">
<DIV>
<DIV id="id_1">
<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">292</P>
</DIV>
<DIV id="id_2">
<P class="p1062 ft18"><SPAN class="ft76">17.6</SPAN><SPAN class="ft91">Förslaget till lag om ändring i sparbankslagen (1987:619)</SPAN></P>
<P class="p862 ft22">9 kap.</P>
<P class="p676 ft31"><SPAN class="ft35">1 § </SPAN>En stiftare, huvudman, styrelseledamot eller delegat, som när han eller hon fullgör sitt uppdrag uppsåtligen eller av oaktsamhet skadar en sparbank, ska ersätta skadan. Detsamma gäller när skadan tillfogas någon annan genom överträdelse av denna lag, Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012, lagen (2014:968) om särskild tillsyn över kreditinstitut och värde- pappersbolag, lagen (2014:966) om kapitalbuffertar, tillämplig lag om års- redovisning, lagen (2004:297) om bank- och finansieringsrörelse eller bankens reglemente.</P>
<P class="p933 ft2">Paragrafen innehåller bestämmelser om skadeståndsskyldighet för stiftare, huvudmän, styrelseledamöter och delegater. Övervägandena finns i avsnitt 14.5.1.</P>
<P class="p121 ft2">Ändringen är en följd av att tillsynsförordningens titel har ändrats genom värdepappersbolagsförordningen. Hänvisningen till förordningen är dynamisk.</P>
<P class="p1063 ft101"><SPAN class="ft76">17.7</SPAN><SPAN class="ft100">Förslaget till lag om ändring i lagen (1988:1385) om Sveriges riksbank</SPAN></P>
<P class="p1064 ft22">4 kap.</P>
<P class="p624 ft70"><SPAN class="ft114">4 a § </SPAN>Om Riksbanken får kännedom om en sådan kritisk situation som avses i</P>
<P class="p1065 ft70"><SPAN class="ft70">6</SPAN><SPAN class="ft116">kap. 3 § andra stycket lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag, ska Riksbanken omgående underrätta berörda myndigheter inom EES med ansvar för gruppbaserad tillsyn enligt</SPAN></P>
<P class="p65 ft70"><SPAN class="ft67">1.</SPAN><SPAN class="ft116">artikel 111 i Europaparlamentets och rådets direktiv 2013/36/EU av den</SPAN></P>
<P class="p1065 ft70"><SPAN class="ft70">26</SPAN><SPAN class="ft116">juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om upphävande av </SPAN><SPAN class="ft67">direktiven </SPAN>2006/48/EG och 2006/49/EG, <SPAN class="ft67">i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034, eller</SPAN></P>
<P class="p65 ft67"><SPAN class="ft67">2.</SPAN><SPAN class="ft119">artikel 46 i Europaparlamentets och rådets direktiv (EU) 2019/2034 av den</SPAN></P>
<P class="p1065 ft21"><SPAN class="ft21">27</SPAN><SPAN class="ft62">november 2019 om tillsyn av värdepappersföretag och om ändring av direk- tiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU, i den ursprungliga lydelsen</SPAN><SPAN class="ft31">.</SPAN></P>
<P class="p994 ft2">Paragrafen innehåller bestämmelser om Riksbankens underrättelseskyl- dighet. Övervägandena finns i avsnitten 6.4, 14.5.1 och 14.5.3.</P>
<P class="p121 ft2">Paragrafen gäller i en sådan kritisk situation som avses i 6 kap. 3 § andra stycket tillsynslagen. Det är fråga om situationer som uppstått i Sverige och som kan äventyra likviditeten på finansmarknaden eller stabiliteten i det finansiella systemet i något land inom EES. Riksbankens under- rättelseskyldighet omfattar både kreditinstitut och värdepappersbolag. I paragrafen införs en hänvisning till värdepappersbolagsdirektivet efter- som det numera är av det direktivet som det följer vilka myndigheter som ska underrättas när det gäller värdepappersbolag.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_293">
<P class="p136 ft2">Det görs även en följdändring med anledning av att kapitaltäcknings- Prop. 2020/21:173 direktivets titel har ändrats genom värdepappersbolagsdirektivet.</P>
<P class="p88 ft2">Hänvisningarna till kapitaltäckningsdirektivet och värdpappersbolags- direktivet är statiska.</P>
<P class="p1066 ft18"><SPAN class="ft76">17.8</SPAN><SPAN class="ft92">Förslaget till lag om ändring i lagen (1991:980) om handel med finansiella instrument</SPAN></P>
<P class="p1067 ft22">3 kap. Förfoganden över finansiella instrument som tillhör någon annan</P>
<P class="p439 ft118"><SPAN class="ft132">1 § </SPAN>Om ett företag som står under tillsyn av Finansinspektionen vill ingå avtal med ägaren till ett finansiellt instrument om att företaget ska ha rätt att förfoga över det finansiella instrumentet för egen räkning, ska avtalet slutas skriftligen i en för ändamålet särskilt upprättad handling som i någon läsbar och varaktig form är tillgänglig för parterna. Detsamma gäller om företaget medverkar till ett sådant avtal mellan andra parter. Det förfogande som avses ska anges noggrant.</P>
<P class="p990 ft70">Första stycket gäller inte om företagets motpart eller parterna i ett avtal som företaget medverkar till är</P>
<P class="p92 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">ett annat företag som står under tillsyn av Finansinspektionen eller ett utländskt företag inom EES som i sitt hemland får driva jämförbar verksamhet och som står under betryggande tillsyn av myndighet eller annat behörigt organ,</SPAN></P>
<P class="p92 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">Riksgäldskontoret eller ett utländskt offentligt organ inom EES som är ansvarigt för eller deltar i förvaltningen av statsskulden eller är behörigt att föra konton för kunders räkning,</SPAN></P>
<P class="p88 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft116">Riksbanken eller en utländsk centralbank inom EES, inklusive Europeiska centralbanken,</SPAN></P>
<P class="p92 ft70"><SPAN class="ft70">4.</SPAN><SPAN class="ft116">en multilateral utvecklingsbank, Banken för internationell betalnings- utjämning, Internationella valutafonden eller Europeiska investeringsbanken, eller</SPAN></P>
<P class="p92 ft118"><SPAN class="ft118">5.</SPAN><SPAN class="ft126">ett sådant kreditinstitut som anges i förteckningen i artikel 2.5 i Europaparla- mentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om upphävande av </SPAN><SPAN class="ft115">direktiven </SPAN>2006/48/EG och 2006/49/EG<SPAN class="ft115">, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034</SPAN>.</P>
<P class="p567 ft31">Första stycket gäller inte heller om företaget är en sådan central motpart som avses i Europaparlamentets och rådets förordning (EU) nr 648/2012 av den 4 juli 2012 om <NOBR>OTC-derivat,</NOBR> centrala motparter och transaktionsregister.</P>
<P class="p566 ft2">Paragrafen innehåller bestämmelser om vissa avtal angående förfoganden över finansiella instrument som tillhör någon annan. Övervägandena finns i avsnitt 14.5.1.</P>
<P class="p89 ft2">Ändringen i <SPAN class="ft3">andra stycket 5 </SPAN>är en följd av att kapitaltäckningsdirektivets titel har ändrats genom värdepappersbolagsdirektivet. Hänvisningen är statisk.</P>
<P class="p1068 ft2">293</P>
</DIV>
<DIV id="page_294">
<DIV id="id_1">
<TABLE cellpadding=0 cellspacing=0 class="t128">
<TR>
<TD class="tr19 td200"><P class="p18 ft2">Prop. 2020/21:173 <SPAN class="ft74">17.9</SPAN></P></TD>
<TD class="tr19 td0"><P class="p18 ft18">Förslaget till lag om ändring i lagen</P></TD>
</TR>
<TR>
<TD class="tr33 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr33 td0"><P class="p18 ft18">(1995:1559) om årsredovisning i kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr20 td200"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td0"><P class="p18 ft18">och värdepappersbolag</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="id_2">
<DIV id="id_2_1">
<P class="p14 ft2">294</P>
</DIV>
<DIV id="id_2_2">
<P class="p14 ft22">5 kap. Noter m.m.</P>
<P class="p676 ft31"><SPAN class="ft35">7 § </SPAN>Vid tillämpningen av denna lag ska artikel 434.2 i Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012 beaktas.</P>
<P class="p994 ft2">Paragrafen upplyser om att artikel 434.2 i tillsynsförordningen ska beaktas vid tillämpningen av lagen. Övervägandena finns i avsnitt 14.5.1.</P>
<P class="p121 ft2">Ändringen är en följd av att tillsynsförordningens titel har ändrats genom värdepappersbolagsförordningen. Hänvisningen till förordningen är dynamisk.</P>
<P class="p623 ft22">6 kap. Förvaltningsberättelse m.m.</P>
<P class="p1069 ft70"><SPAN class="ft114">3 § </SPAN>I kapitaltäckningsanalysen ska uppgifter lämnas om kapitalbasen och kapital- baskraven i enlighet med <SPAN class="ft67">det </SPAN>som följer av</P>
<P class="p87 ft67">1. Europaparlamentets och rådets <SPAN class="ft70">förordning (EU) nr 575/2013, </SPAN>eller</P>
<P class="p124 ft67">2. Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014<SPAN class="ft70">.</SPAN></P>
<P class="p124 ft31">Moderföretag som enligt <SPAN class="ft21">någon av förordningarna </SPAN>ska uppfylla kraven i förordningen på grundval av en grupps konsoliderade situation, ska lämna de uppgifter som anges i första stycket beträffande gruppen.</P>
<P class="p933 ft2">Paragrafen innehåller bestämmelser om kapitaltäckningsanalys. Över- vägandena finns i avsnitten 6.4 och 14.5.3.</P>
<P class="p121 ft2">I <SPAN class="ft3">första stycket </SPAN>görs ett tillägg som innebär att det i kapitaltäcknings- analysen ska lämnas uppgifter om kapitalbasen och kapitalbaskraven även i enlighet med det som följer av värdepappersbolagsförordningen. Sådana värdepappersbolag som hittills har varit undantagna från tillsynsför- ordningens tillämpningsområde kommer därmed att vara skyldiga att redo- visa dessa uppgifter. Hänvisningen till värdepappersbolagsförordningen är dynamisk.</P>
<P class="p832 ft2">Ändringen i <SPAN class="ft3">andra stycket </SPAN>är en följd av att det införs ett särskilt kapitaltäckningsregelverk för värdepappersbolag.</P>
<P class="p1070 ft18"><SPAN class="ft76">17.10</SPAN><SPAN class="ft152">Förslaget till lag om ändring i inkomstskattelagen (1999:1229)</SPAN></P>
<P class="p862 ft22">24 kap.</P>
<P class="p1071 ft67"><SPAN class="ft114">9 § </SPAN><SPAN class="ft70">Ett företag som omfattas av </SPAN>någon av följande <NOBR>EU-förordningar</NOBR> får inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av respektive förordning. Detta gäller företag som omfattas av</P>
<P class="p696 ft31"><SPAN class="ft21">1. </SPAN>Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012, <SPAN class="ft21">eller</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_295">
<P class="p136 ft67">2. Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 novem- <SPAN class="ft66">Prop. 2020/21:173 </SPAN>ber 2019 om tillsynskrav för värdepappersföretag och om ändring av förord-</P>
<P class="p439 ft67">ningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014.</P>
<P class="p92 ft70">Ett svenskt försäkringsföretag som omfattas av 7 kap. försäkringsrörelselagen (2010:2043) eller av lagen (2019:742) om tjänstepensionsföretag får inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av dessa lagar.</P>
<P class="p92 ft118">Ett utländskt försäkringsföretag som hör hemma i en stat inom Europeiska ekonomiska samarbetsområdet och som omfattas av Europaparlamentets och rådets direktiv 2009/138/EG av den 25 november 2009 om upptagande och utövande av försäkrings- och återförsäkringsverksamhet (Solvens II), får inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av nationell lagstiftning som genomför det direktivet.</P>
<P class="p420 ft70">Ett utländskt tjänstepensionsinstitut får inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av nationell lagstiftning som genomför Europaparlamentets och rådets direktiv (EU) 2016/2341 av den 14 december 2016 om verksamhet i och tillsyn över tjänstepensionsinstitut. Vad som avses med ett utländskt tjänstepensionsinstitut framgår av 39 kap. 13 a §.</P>
<P class="p1059 ft2">Paragrafen innehåller bestämmelser om avdragsförbud för ränteutgifter på vissa efterställda skulder. Övervägandena finns i avsnitten 6.4, 14.5.1 och 14.5.3.</P>
<P class="p982 ft2">I paragrafen införs en punktuppställning i <SPAN class="ft3">första stycket</SPAN>. I <SPAN class="ft3">första stycket 1 </SPAN>ändras hänvisningen till tillsynsförordningen med anledning av att rättsaktens titel har ändrats genom värdepappersbolagsförordningen. I <SPAN class="ft3">första stycket 2 </SPAN>införs en hänvisning till värdepappersbolagsförordningen. Det innebär att värdepappersbolag inte heller får dra av ränteutgifter på efter- ställda skulder som får ingå i kapitalbasen enligt den förordningen.</P>
<P class="p438 ft2">Vissa värdepappersbolag omfattas inte av det hittillsvarande kapital- täckningsregelverket, dvs. tillsynförordningen och kapitaltäcknings- direktivet. När det nya kapitaltäckningsregelverket införs kommer dock alla värdepappersbolag att omfattas av antingen värdepappersbolags- förordningen och värdepappersbolagsdirektivet eller tillsynsförordningen och kapitaltäckningsdirektivet. Detta innebär att paragrafen kommer att omfatta fler värdepappersbolag än tidigare, se avsnitt 16 under rubriken ”Offentligfinansiella effekter”.</P>
<P class="p420 ft2">Hänvisningarna till tillsynsförordningen och värdepappersbolagsförord- ningen är dynamiska.</P>
<P class="p623 ft22">Ikraftträdande- och övergångsbestämmelser</P>
<P class="p993 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft34">Denna lag träder i kraft den 26 juni 2021.</SPAN></P>
<P class="p88 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">Lagen tillämpas första gången på ränteutgifter som belöper sig på tiden efter den 25 juni 2021.</SPAN></P>
<P class="p814 ft2">Övervägandena finns i avsnitt 15.2.</P>
<P class="p87 ft2">I <SPAN class="ft3">punkt 1 </SPAN>anges när lagen träder i kraft.</P>
<P class="p88 ft2">I <SPAN class="ft3">p</SPAN>unkt <SPAN class="ft3">2 </SPAN>anges när bestämmelserna i den nya lydelsen tillämpas första gången.</P>
<P class="p687 ft2">295</P>
</DIV>
<DIV id="page_296">
<P class="p1072 ft101"><SPAN class="ft153">Prop. 2020/21:173 </SPAN>17.11 Förslaget till lag om ändring i lagen (2000:192) om allmänna pensionsfonder <NOBR>(AP-fonder)</NOBR></P>
<P class="p1073 ft22">4 kap. Medelsförvaltningen</P>
<P class="p524 ft118"><SPAN class="ft132">11 § </SPAN>Av var och en av <NOBR>Första–Fjärde</NOBR> <NOBR>AP-fondernas</NOBR> tillgångar, värderade till marknadsvärdet, får högst tio procent utgöras av fondpapper eller andra finansiella instrument utfärdade av en emittent eller av en grupp av emittenter med inbördes anknytning. Denna begränsning gäller inte</P>
<P class="p754 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">svenska staten, en svensk kommun eller därmed jämförlig samfällighet, och</SPAN></P>
<P class="p490 ft118"><SPAN class="ft118">2.</SPAN><SPAN class="ft126">utländska stater, centralbanker, utländska kommuner eller därmed jämförliga samfälligheter, och andra emittenter, som får noll procent riskvikt med stöd av schablonmetoden som enligt artikel 107 i Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012 ska tillämpas för att beräkna kapitalkravet för kreditrisker.</SPAN></P>
<P class="p841 ft70">Med grupp av emittenter med inbördes anknytning avses två eller flera fysiska eller juridiska personer som utgör en helhet från risksynpunkt därför att</P>
<P class="p476 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">någon av dem har direkt eller indirekt ägarinflytande över en eller flera av de övriga i gruppen, eller</SPAN></P>
<P class="p498 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">de utan att stå i sådant förhållande som avses i 1 har sådan inbördes anknyt- ning att någon eller samtliga av de övriga kan befaras råka i betalningssvårigheter om en av dem drabbas av finansiella problem.</SPAN></P>
<P class="p1074 ft2">Paragrafen innehåller bestämmelser om exponeringsbegränsningar för <NOBR>Första–Fjärde</NOBR> <NOBR>AP-fonderna.</NOBR> Övervägandena finns i avsnitt 14.5.1.</P>
<P class="p477 ft2">Ändringen i <SPAN class="ft3">första stycket 2 </SPAN>är en följd av att tillsynsförordningens titel har ändrats genom värdepappersbolagsförordningen. Hänvisningen till förordningen är dynamisk.</P>
<P class="p1075 ft101"><SPAN class="ft76">17.12</SPAN><SPAN class="ft154">Förslaget till lag om ändring i lagen (2004:46) om värdepappersfonder</SPAN></P>
<P class="p1073 ft22">2 kap. Allmänna bestämmelser för fondbolag m.m.</P>
<P class="p901 ft70"><SPAN class="ft114">10 § </SPAN>Ett fondbolags egna medel får, trots <SPAN class="ft67">det </SPAN>som anges i 8 och 9 §§, inte under- stiga <SPAN class="ft67">det </SPAN>belopp som <SPAN class="ft67">framgår av artikel 13 i Europaparlamentets och rådets för- ordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värde- pappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014</SPAN>. <SPAN class="ft67">Vid tillämpningen av den artikeln ska det som anges där om värdepappersföretag gälla för fondbolag.</SPAN></P>
<P class="p1076 ft2">I paragrafen finns bestämmelser om krav på storleken på ett fondbolags egna medel under pågående verksamhet. Ändringen genomför den ändring i artikel 7.1 a i <NOBR>UCITS-direktivet</NOBR> som har gjorts genom artikel 60 i värde- pappersbolagsdirektivet. Övervägandena finns i avsnitten 6.4 och 7.4.</P>
<P class="p691 ft2">I paragrafen ersätts de materiella bestämmelserna med en hänvisning till värdepappersbolagsförordningen. Det innebär inte någon ändring i sak när det gäller de krav som ställs på ett fondbolags egna medel. Hänvisningen till artikel 13 i värdepappersbolagsförordningen innebär dock att bestäm- melserna i de delegerade rättsakter som kommissionen antar med stöd av artikel 13.4 i förordningen blir tillämpliga även i fråga om fondbolag.</P>
<P class="p671 ft2">296</P>
</DIV>
<DIV id="page_297">
<TABLE cellpadding=0 cellspacing=0 class="t129">
<TR>
<TD class="tr16 td81"><P class="p18 ft31"><SPAN class="ft35">11 § </SPAN>Bestämmelser om tillsyn på gruppnivå finns i</P></TD>
<TD class="tr16 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
</TABLE>
<P class="p92 ft118"><SPAN class="ft115">–</SPAN><SPAN class="ft126">artiklarna </SPAN><NOBR>11–24</NOBR> i Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012,</P>
<P class="p87 ft67"><SPAN class="ft67">–</SPAN><SPAN class="ft119">artikel 7 i Europaparlamentets och rådets förordning (EU) 2019/2033,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft67">–</SPAN><SPAN class="ft116">lagen (2006:531) om särskild tillsyn över finansiella konglomerat</SPAN><SPAN class="ft67">, och</SPAN></P>
<P class="p91 ft31"><SPAN class="ft21">–</SPAN><SPAN class="ft47">lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappers- bolag</SPAN><SPAN class="ft21">.</SPAN></P>
<P class="p903 ft2">Paragrafen innehåller en upplysning om att det finns bestämmelser om kapitalkrav på gruppnivå i bl.a. tillsynsförordningen och i vissa lagar.</P>
<P class="p92 ft2">I paragrafen införs en hänvisning till värdepappersbolagsförordningen. Ett fondbolag kan även ingå i en företagsgrupp som omfattas av konsoli- derad tillsyn enligt den förordningen Hänvisningarna till tillsyns- förordningen och värdepappersbolagsförordningen är dynamiska.</P>
<P class="p1077 ft18"><SPAN class="ft76">17.13</SPAN><SPAN class="ft155">Förslaget till lag om ändring i lagen (2004:297) om bank- och finansieringsrörelse</SPAN></P>
<P class="p862 ft35">1 kap. Inledande <SPAN class="ft22">bestämmelser</SPAN></P>
<P class="p671 ft31"><SPAN class="ft35">5 § </SPAN>I denna lag betyder</P>
<P class="p94 ft118"><SPAN class="ft118">1.</SPAN><SPAN class="ft139">anknutet företag</SPAN>: ett svenskt eller utländskt företag vars huvudsakliga verksamhet består i att äga eller förvalta fast egendom, tillhandahålla datatjänster eller driva annan liknande verksamhet som har samband med den huvudsakliga verksamheten i ett eller flera kreditinstitut, värdepappersbolag eller motsvarande utländska företag,</P>
<P class="p132 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft141">bank</SPAN>: bankaktiebolag, sparbank och medlemsbank,</P>
<P class="p65 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft141">bankaktiebolag</SPAN>: ett aktiebolag som har fått tillstånd att driva bankrörelse,</P>
<P class="p88 ft70"><SPAN class="ft70">4.</SPAN><SPAN class="ft119">behörig myndighet</SPAN>: en utländsk myndighet som har behörighet att utöva tillsyn över utländska kreditinstitut,</P>
<P class="p65 ft31"><SPAN class="ft31">5.</SPAN><SPAN class="ft54">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p202 ft118"><SPAN class="ft118">6.</SPAN><SPAN class="ft139">filial</SPAN>: ett avdelningskontor med självständig förvaltning, varvid även ett utländskt kreditinstituts etablering av flera driftställen ska anses som en enda filial,</P>
<P class="p88 ft70"><SPAN class="ft70">7.</SPAN><SPAN class="ft119">finansiellt institut</SPAN>: ett finansiellt institut enligt artikel 4.1.26 i tillsyns- förordningen,</P>
<P class="p65 ft31"><SPAN class="ft31">8.</SPAN><SPAN class="ft54">hemland</SPAN>: det land där ett företag har fått tillstånd till rörelse som avses i denna</P>
<P class="p14 ft118">lag,</P>
<P class="p65 ft70"><SPAN class="ft70">9.</SPAN><SPAN class="ft141">kapitalbas</SPAN>: detsamma som i artikel 72 i tillsynsförordningen,</P>
<P class="p65 ft70"><SPAN class="ft70">10.</SPAN><SPAN class="ft119">kreditinstitut</SPAN>: bank och kreditmarknadsföretag<SPAN class="ft67">,</SPAN></P>
<P class="p92 ft118"><SPAN class="ft118">11.</SPAN><SPAN class="ft139">kapitaltäckningsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kredit- institut och om tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om upphävande av <SPAN class="ft115">direktiven </SPAN>2006/48/EG och 2006/49/EG, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) <SPAN class="ft115">2019/2034</SPAN>,</P>
<P class="p90 ft70"><SPAN class="ft70">12.</SPAN><SPAN class="ft119">kreditmarknadsbolag</SPAN>: ett aktiebolag som har fått tillstånd att driva finansieringsrörelse,</P>
<P class="p88 ft70"><SPAN class="ft70">13.</SPAN><SPAN class="ft119">kreditmarknadsförening</SPAN>: en ekonomisk förening som har fått tillstånd att driva finansieringsrörelse,</P>
<P class="p65 ft70"><SPAN class="ft70">14.</SPAN><SPAN class="ft141">kreditmarknadsföretag</SPAN>: kreditmarknadsbolag och kreditmarknadsförening,</P>
<P class="p65 ft70"><SPAN class="ft70">15.</SPAN><SPAN class="ft141">kvalificerat innehav</SPAN>: ett direkt eller indirekt ägande i ett företag, om</P>
<TABLE cellpadding=0 cellspacing=0 class="t130">
<TR>
<TD class="tr9 td316"><P class="p18 ft118">innehavet beräknat på det sätt som anges i 5 a § representerar tio procent eller mer</P></TD>
<TD class="tr9 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr9 td316"><P class="p18 ft118">av kapitalet eller av samtliga röster eller annars möjliggör ett väsentligt inflytande</P></TD>
<TD class="tr9 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr14 td316"><P class="p18 ft70">över ledningen av företaget,</P></TD>
<TD rowspan=2 class="tr6 td80"><P class="p16 ft2">297</P></TD>
</TR>
<TR>
<TD class="tr12 td316"><P class="p18 ft14"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_298">
<P class="p473 ft31"><SPAN class="ft2">Prop. 2020/21:173 </SPAN>16. <SPAN class="ft21">medlemsbank</SPAN>: en ekonomisk förening som har fått tillstånd att driva bankrörelse,</P>
<P class="p1078 ft31"><SPAN class="ft31">17.</SPAN><SPAN class="ft62">sparbank</SPAN>: ett företag som avses i sparbankslagen (1987:619),</P>
<P class="p476 ft118"><SPAN class="ft118">18.</SPAN><SPAN class="ft139">startkapital</SPAN>: det kapital som för kreditinstitut avses i artikel 4.51 i tillsynsförordningen,</P>
<P class="p476 ft70"><SPAN class="ft70">19.</SPAN><SPAN class="ft119">utländskt bankföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva bankrörelse,</P>
<P class="p476 ft70"><SPAN class="ft70">20.</SPAN><SPAN class="ft119">utländskt kreditföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva finansieringsrörelse,</P>
<P class="p476 ft70"><SPAN class="ft70">21.</SPAN><SPAN class="ft119">utländskt kreditinstitut</SPAN>: ett utländskt bankföretag och ett utländskt kredit- företag,</P>
<P class="p476 ft70"><SPAN class="ft70">22.</SPAN><SPAN class="ft119">betydande filial</SPAN>: en filial som är betydande enligt artikel 51.1 i kapital- täckningsdirektivet,</P>
<P class="p476 ft118"><SPAN class="ft118">23.</SPAN><SPAN class="ft139">blandat finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.21 i tillsynsförordningen,</P>
<P class="p476 ft67"><SPAN class="ft70">24.</SPAN><SPAN class="ft119">blandat finansiellt moderholdingföretag inom EES</SPAN><SPAN class="ft70">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p479 ft31">a) kreditinstitut, värdepappersbolag eller <NOBR>EES-institut,</NOBR> eller</P>
<P class="p476 ft118">b) annat blandat finansiellt holdingföretag eller ett finansiellt holdingföretag som är etablerat i något land inom EES,</P>
<P class="p476 ft70"><SPAN class="ft70">25.</SPAN><NOBR><SPAN class="ft119">EES-institut</SPAN>:</NOBR> ett utländskt kreditinstitut eller ett utländskt värdepappers- företag som är hemmahörande i något annat land inom EES än Sverige,</P>
<P class="p476 ft70"><SPAN class="ft70">26.</SPAN><SPAN class="ft119">finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.20 i tillsyns- förordningen,</P>
<P class="p476 ft67"><SPAN class="ft27">27.</SPAN><SPAN class="ft119">finansiellt moderholdingföretag inom EES</SPAN><SPAN class="ft70">: ett inom EES etablerat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p479 ft70">a) kreditinstitut, värdepappersbolag eller <NOBR>EES-institut,</NOBR> eller</P>
<P class="p476 ft118">b) annat finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</P>
<P class="p479 ft70"><SPAN class="ft70">28.</SPAN><SPAN class="ft119">holdingföretag med blandad verksamhet</SPAN>: holdingföretag enligt artikel 4.1.22</P>
<P class="p540 ft70"><SPAN class="ft70">i</SPAN><SPAN class="ft116">tillsynsförordningen,</SPAN></P>
<P class="p479 ft67"><SPAN class="ft70">29.</SPAN><SPAN class="ft119">koncern</SPAN><SPAN class="ft70">:</SPAN></P>
<P class="p476 ft118"><SPAN class="ft118">a)</SPAN><SPAN class="ft145">i 6 a, 6 b och 15 b kap., detsamma som i 2 kap. 1 § lagen (2015:1016) om resolution,</SPAN></P>
<P class="p490 ft70"><SPAN class="ft70">b)</SPAN><SPAN class="ft116">i övriga kapitel, detsamma som i 1 kap. 11 och 12 §§ aktiebolags- lagen (2005:551), varvid det som sägs om moderbolag tillämpas även på andra juridiska personer än aktiebolag,</SPAN></P>
<P class="p536 ft70">30. <SPAN class="ft67">koncernåterhämtningsplan</SPAN>: en plan som upprättas av ett moderföretag inom EES i syfte att identifiera åtgärder som de företag i en koncern som omfattas av gruppbaserad tillsyn avser att vidta för att bevara eller återställa koncernens eller ett i koncernen ingående kreditinstituts eller utländskt kreditinstituts finansiella ställning och livskraft efter en betydande försämring av den finansiella situationen,</P>
<P class="p490 ft118">31. <SPAN class="ft115">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i den ursprungliga lydelsen,</P>
<P class="p498 ft70">32. <SPAN class="ft67">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moder- holdingföretag inom EES eller ett blandat finansiellt moderholdingföretag inom EES,</P>
<P class="p476 ft70">33. <SPAN class="ft67">moderinstitut inom EES</SPAN>: ett kreditinstitut, värdepappersbolag eller EES- institut som är ett moderföretag och som inte självt är ett dotterföretag till ett</P>
<P class="p505 ft31"><SPAN class="ft31">a)</SPAN><SPAN class="ft47">annat kreditinstitut, värdepappersbolag eller </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p969 ft2">298</P>
</DIV>
<DIV id="page_299">
<P class="p136 ft70">b) finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är <SPAN class="ft66">Prop. 2020/21:173 </SPAN>etablerat i något land inom EES,</P>
<P class="p92 ft70"><SPAN class="ft70">34.</SPAN><SPAN class="ft119">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som ansvarar för att utöva gruppbaserad tillsyn av moderinstitut inom EES och av institut som kontrolleras av finansiella moderholdingföretag inom EES eller blandade finansiella moderholdingföretag inom EES,</P>
<P class="p92 ft118"><SPAN class="ft118">35.</SPAN><SPAN class="ft139">tillsynsförordningen</SPAN>: Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012,</P>
<P class="p91 ft70"><SPAN class="ft70">36.</SPAN><SPAN class="ft119">utländskt värdepappersföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva värdepappersrörelse, och</P>
<P class="p89 ft70"><SPAN class="ft67">37.</SPAN><SPAN class="ft119">återhämtningsplan</SPAN>: en plan som upprättas av ett kreditinstitut i syfte att identifiera åtgärder som institutet avser att vidta för att bevara eller återställa sin finansiella ställning och livskraft efter en betydande försämring av den finansiella situationen.</P>
<P class="p972 ft2">Paragrafen innehåller definitioner. Övervägandena finns i avsnitten 6.4 och 14.5.1.</P>
<P class="p89 ft2">Ändringen i fråga om kapitaltäckningsdirektivet i <SPAN class="ft3">punkt 11 </SPAN>är en följd- ändring med anledning av att rättsaktens titel har ändrats genom värdepappersbolagsdirektivet.</P>
<P class="p89 ft2">Ändringen i fråga om tillsynsförordningen i <SPAN class="ft3">punkt 35 </SPAN>är en följdändring med anledning av att rättsaktens titel har ändrats genom värdepappers- bolagsförordningen.</P>
<P class="p89 ft2">Hänvisningen till tillsynsförordningen är dynamisk och hänvisningen till kapitaltäckningsdirektivet är statisk.</P>
<P class="p1079 ft18"><SPAN class="ft76">17.14</SPAN><SPAN class="ft155">Förslaget till lag om ändring i lagen (2006:531) om särskild tillsyn över finansiella konglomerat</SPAN></P>
<P class="p862 ft22">1 kap. Inledande bestämmelser</P>
<P class="p671 ft31"><SPAN class="ft35">3 § </SPAN>I denna lag betyder</P>
<P class="p65 ft118"><SPAN class="ft118">1.</SPAN><NOBR><SPAN class="ft140">AIF-förvaltare</SPAN>:</NOBR> en svensk förvaltare av alternativa investeringsfonder enligt</P>
<P class="p14 ft70"><SPAN class="ft70">1</SPAN><SPAN class="ft116">kap. 3 § lagen (2013:561) om förvaltare av alternativa investeringsfonder,</SPAN></P>
<P class="p92 ft118"><SPAN class="ft118">2.</SPAN><SPAN class="ft139">anknutet företag</SPAN>: ett svenskt eller utländskt företag vars huvudsakliga verksamhet är att äga eller förvalta fast egendom, tillhandahålla datatjänster eller driva annan liknande verksamhet som har samband med den huvudsakliga verksamheten i ett eller flera kreditinstitut, värdepappersbolag eller motsvarande utländska företag,</P>
<P class="p89 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft119">behörig myndighet</SPAN>: Finansinspektionen eller någon annan myndighet inom EES som utövar tillsyn, individuellt eller på gruppnivå, över ett reglerat företag med huvudkontor inom EES,</P>
<P class="p92 ft70"><SPAN class="ft70">4.</SPAN><SPAN class="ft119">blandat finansiellt holdingföretag</SPAN>: ett moderföretag som inte är ett reglerat företag och som tillsammans med sina dotterföretag, varav minst ett är ett reglerat företag med huvudkontor inom EES, och andra företag utgör ett finansiellt konglomerat</P>
<P class="p87 ft31"><SPAN class="ft31">5.</SPAN><SPAN class="ft54">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p92 ft118"><SPAN class="ft118">6.</SPAN><SPAN class="ft139">finansiellt institut</SPAN>: ett företag som inte är ett kreditinstitut, värdepappersbolag, fondbolag, eller <NOBR>AIF-förvaltare</NOBR> eller motsvarande utländskt företag och vars huvudsakliga verksamhet är att</P>
<P class="p132 ft31">a) förvärva aktier eller andelar,</P>
<P class="p1080 ft2">299</P>
</DIV>
<DIV id="page_300">
<P class="p497 ft70"><SPAN class="ft66">Prop. 2020/21:173 </SPAN>b) driva en eller flera av de verksamheter som anges i 7 kap. 1 § andra stycket <NOBR>2–10,</NOBR> 12 och 15 lagen (2004:297) om bank- och finansieringsrörelse utan att vara tillståndspliktigt enligt 2 kap. 1 § samma lag, eller</P>
<P class="p476 ft70"><SPAN class="ft70">c)</SPAN><SPAN class="ft117">driva värdepappersrörelse utan att vara tillståndspliktigt enligt 2 kap. 1 § lagen (2007:528) om värdepappersmarknaden,</SPAN></P>
<P class="p474 ft70">7. <SPAN class="ft67">finansiell sektor</SPAN>: ett eller flera av följande företag</P>
<P class="p490 ft118"><SPAN class="ft118">a)</SPAN><SPAN class="ft145">kreditinstitut, värdepappersbolag, fondbolag, </SPAN><NOBR>AIF-förvaltare</NOBR> eller mot- svarande utländska företag samt finansiella institut och anknutna företag (bank- och värdepapperssektorn),</P>
<P class="p475 ft70"><SPAN class="ft70">b)</SPAN><SPAN class="ft116">försäkringsföretag eller motsvarande utländska företag, försäkringsholding- företag, specialföretag och tjänstepensionsföretag (försäkringssektorn), och</SPAN></P>
<P class="p474 ft70"><SPAN class="ft70">c)</SPAN><SPAN class="ft116">blandade finansiella holdingföretag,</SPAN></P>
<P class="p476 ft70">8. <SPAN class="ft67">fondbolag</SPAN>: ett svenskt aktiebolag som har fått tillstånd att driva fond- verksamhet enligt lagen (2004:46) om värdepappersfonder,</P>
<P class="p476 ft70">9. <SPAN class="ft67">försäkringsföretag</SPAN>: ett försäkringsaktiebolag, ömsesidigt försäkringsbolag eller en försäkringsförening enligt försäkringsrörelselagen (2010:2043),</P>
<P class="p490 ft118">10. <SPAN class="ft115">försäkringsholdingföretag</SPAN>: ett moderföretag som inte är ett försäkrings- företag eller ett motsvarande utländskt företag eller ett blandat finansiellt holdingföretag och vars huvudsakliga verksamhet är att förvärva och förvalta andelar i dotterföretag som uteslutande eller huvudsakligen är försäkringsföretag eller motsvarande utländska företag eller specialföretag,</P>
<P class="p895 ft70">11. <SPAN class="ft67">institut</SPAN>: kreditinstitut, värdepappersbolag, fondbolag och <NOBR>AIF-förvaltare,</NOBR></P>
<P class="p490 ft118">12. <SPAN class="ft115">konglomeratdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2002/87/EG av den 16 december 2002 om extra tillsyn över kreditinstitut, försäkringsföretag och värdepappersföretag i ett finansiellt konglomerat och om ändring av rådets direktiv 73/239/EEG, 79/267/EEG, 92/49/EEG, 92/96/EEG, 93/6/EEG och 93/22/EEG samt Europaparlamentets och rådets direktiv 98/78/EG och 2000/12/EG, i lydelsen enligt Europaparlamentets och rådets direktiv <SPAN class="ft115">(EU) 2019/2034</SPAN>,</P>
<P class="p1081 ft70">13. <SPAN class="ft67">kreditinstitut</SPAN>: en bank eller ett kreditmarknadsföretag enligt lagen om bank- och finansieringsrörelse,</P>
<P class="p474 ft67"><SPAN class="ft70">14. </SPAN>reglerat företag<SPAN class="ft70">:</SPAN></P>
<P class="p479 ft31"><SPAN class="ft31">a)</SPAN><SPAN class="ft47">ett institut eller ett motsvarande utländskt företag, eller</SPAN></P>
<P class="p476 ft118"><SPAN class="ft118">b)</SPAN><SPAN class="ft126">ett försäkringsföretag eller ett motsvarande utländskt företag, ett special- företag eller ett tjänstepensionsföretag,</SPAN></P>
<P class="p479 ft67"><SPAN class="ft70">15</SPAN>. relevant behörig myndighet<SPAN class="ft70">:</SPAN></P>
<P class="p490 ft118"><SPAN class="ft118">a)</SPAN><SPAN class="ft145">en behörig myndighet som ansvarar för tillsynen över en finansiell företags- grupp, försäkringsgrupp eller en motsvarande utländsk grupp som ingår i ett finansiellt konglomerat, särskilt över det företag som är det överordnade moder- företaget i bank- och värdepapperssektorn respektive försäkringssektorn,</SPAN></P>
<P class="p478 ft70"><SPAN class="ft70">b)</SPAN><SPAN class="ft116">någon annan behörig myndighet än som avses i a som utsetts till samordnare för ett finansiellt konglomerat, eller</SPAN></P>
<P class="p476 ft70"><SPAN class="ft70">c)</SPAN><SPAN class="ft117">någon annan behörig myndighet som de myndigheter som avses i a och b kommer överens om är relevant,</SPAN></P>
<P class="p476 ft70">16. <SPAN class="ft67">samordnare</SPAN>: den behöriga myndighet som enligt 4 kap. ansvarar för tillsynen över ett finansiellt konglomerat,</P>
<P class="p490 ft118">17. <SPAN class="ft115">sektorsbestämmelser</SPAN>: de bestämmelser i lag och andra författningar som gäller för den rörelse som drivs av institut, försäkringsföretag och tjänstepensions- företag,</P>
<P class="p490 ft70">18. <SPAN class="ft67">tjänstepensionsföretag</SPAN>: ett tjänstepensionsaktiebolag, ett ömsesidigt tjänste- pensionsbolag eller en tjänstepensionsförening enligt lagen (2019:742) om tjänste- pensionsföretag, och</P>
<P class="p478 ft31">19. <SPAN class="ft21">värdepappersbolag</SPAN>: ett svenskt aktiebolag som har fått tillstånd att driva värdepappersrörelse enligt lagen om värdepappersmarknaden.</P>
<TABLE cellpadding=0 cellspacing=0 class="t131">
<TR>
<TD rowspan=2 class="tr32 td176"><P class="p278 ft2">300</P></TD>
<TD class="tr2 td350"><P class="p279 ft2">Paragrafen innehåller definitioner.</P></TD>
</TR>
<TR>
<TD class="tr38 td350"><P class="p18 ft86"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_301">
<P class="p136 ft2">Ändringen i fråga om konglomeratdirektivet i <SPAN class="ft3">punkt 12 </SPAN>innebär en Prop. 2020/21:173 uppdatering till att avse direktivet i lydelsen enligt värdepappersbolags-</P>
<P class="p14 ft2">direktivet. Hänvisningen till direktivet är statisk.</P>
<P class="p623 ft22">5 kap. Finansiell ställning</P>
<P class="p1035 ft70"><SPAN class="ft114">8 § </SPAN>Om ett blandat finansiellt holdingföretag finns i toppen av ett finansiellt konglomerat, vars största sektor är bank- och värdepapperssektorn, gäller bestämmel- serna om stora exponeringar i Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012 för samtliga företag som tillhör den sektorn och för det blandade finansiella holdingföretaget.</P>
<P class="p983 ft2">Paragrafen innehåller bestämmelser om riskkoncentrationer i vissa finansiella konglomerat. Övervägandena finns i avsnitt 14.5.1.</P>
<P class="p92 ft2">Ändringen är en följd av att tillsynsförordningens titel har ändrats genom värdepappersbolagsförordningen. Hänvisningen till förordningen är dynamisk.</P>
<P class="p1066 ft101"><SPAN class="ft76">17.15</SPAN><SPAN class="ft156">Förslaget till lag om ändring i lagen (2010:751) om betaltjänster</SPAN></P>
<P class="p1064 ft22">1 kap. Tillämpningsområde och definitioner</P>
<P class="p624 ft70"><SPAN class="ft114">4 § </SPAN>I denna lag betyder</P>
<P class="p92 ft70"><SPAN class="ft67">autentisering</SPAN>: ett förfarande där en betaltjänstanvändares personliga behörig- hetsfunktioner används och genom vilket en betaltjänstleverantör kan kontrollera betaltjänstanvändarens identitet eller ett betalningsinstruments giltighet,</P>
<P class="p94 ft70"><SPAN class="ft67">autogiro</SPAN>: en betaltjänst för debitering av en betalares betalkonto, där initiativet till en betalningstransaktion tas av betalningsmottagaren på grundval av betalarens samtycke till mottagaren, mottagarens betaltjänstleverantör eller betalarens egen betaltjänstleverantör,</P>
<P class="p92 ft70"><SPAN class="ft67">bankdag</SPAN>: en dag på vilken en betaltjänstleverantör har öppet för verksamhet i den utsträckning som krävs för genomförande av en betalningstransaktion,</P>
<P class="p92 ft118"><SPAN class="ft115">betalare</SPAN>: en fysisk eller juridisk person som är antingen betalkontoinnehavare och som godkänner en betalningsorder från detta betalkonto, eller en fysisk eller juridisk person som lämnar en betalningsorder,</P>
<P class="p92 ft70"><SPAN class="ft67">betalkonto</SPAN>: ett konto som innehas i en eller flera betaltjänstanvändares namn och som är avsett för genomförandet av betalningstransaktioner,</P>
<P class="p92 ft70"><SPAN class="ft67">betalkontodirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/92/EU av den 23 juli 2014 om jämförbarhet för avgifter som avser betalkonto, byte av betalkonto och tillgång till betalkonto med grundläggande funktioner, i den ursprungliga lydelsen,</P>
<P class="p92 ft70"><SPAN class="ft67">betalningsinstitut</SPAN>: ett aktiebolag eller en ekonomisk förening som har fått tillstånd att tillhandahålla betaltjänster enligt 2 kap.,</P>
<P class="p92 ft70"><SPAN class="ft67">betalningsinitieringstjänst</SPAN>: en tjänst för att på begäran av betaltjänstanvändaren initiera en betalningsorder från ett betalkonto hos en annan betaltjänstleverantör,</P>
<P class="p92 ft70"><SPAN class="ft67">betalningsinstrument</SPAN>: ett kontokort eller något annat personligt instrument eller en personlig rutin som enligt avtal används för att initiera en betalningsorder,</P>
<P class="p92 ft118"><SPAN class="ft115">betalningsmottagare</SPAN>: en fysisk eller juridisk person som är den avsedda mottagaren av medel vid en betalningstransaktion,</P>
<P class="p89 ft31"><SPAN class="ft21">betalningsorder</SPAN>: varje instruktion som en betalare eller betalningsmottagare ger sin betaltjänstleverantör om att en betalningstransaktion ska genomföras,</P>
<P class="p783 ft2">301</P>
</DIV>
<DIV id="page_302">
<DIV>
<DIV id="id_1">
<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">302</P>
</DIV>
<DIV id="id_2">
<P class="p124 ft70"><SPAN class="ft67">betalningssystem</SPAN>: ett generellt betalsystem enligt 1 kap. 3 § andra stycket lagen (2004:297) om bank- och finansieringsrörelse,</P>
<P class="p124 ft70"><SPAN class="ft67">betalningstransaktion</SPAN>: insättning, uttag eller överföring av medel som initieras av betalaren eller betalningsmottagaren, oberoende av eventuella underliggande förpliktelser mellan betalaren och betalningsmottagaren,</P>
<P class="p65 ft70"><SPAN class="ft67">betaltjänstanvändare</SPAN>: en fysisk eller juridisk person som utnyttjar en betaltjänst,</P>
<P class="p124 ft118"><SPAN class="ft115">betaltjänstdirektivet</SPAN>: Europaparlamentets och rådets direktiv (EU) 2015/2366 av den 25 november 2015 om betaltjänster på den inre marknaden, om ändring av direktiven 2002/65/EG, 2009/110/EG och 2013/36/EU samt förordning (EU) nr 1093/2010 och om upphävande av direktiv 2007/64/EG, i den ursprungliga lydelsen,</P>
<P class="p1082 ft70"><SPAN class="ft67">debitera</SPAN>: att medel dras från ett konto,</P>
<P class="p124 ft70"><SPAN class="ft67">elektroniskt kommunikationsnät</SPAN>: detsamma som i 1 kap. 7 § lagen (2003:389) om elektronisk kommunikation,</P>
<P class="p124 ft70"><SPAN class="ft67">elektronisk kommunikationstjänst</SPAN>: detsamma som i 1 kap. 7 § lagen om elektronisk kommunikation,</P>
<P class="p124 ft118"><SPAN class="ft115">filial</SPAN>: ett avdelningskontor med självständig förvaltning, varvid även ett utländskt betalningsinstituts etablering av flera driftställen ska anses som en enda filial,</P>
<P class="p124 ft118"><SPAN class="ft115">grupp</SPAN>: en grupp av företag som är knutna till varandra genom ett sådant förhållande som avses i 1 kap. 4, 5 eller 5 a § årsredovisningslagen (1995:1554) eller en grupp av företag som avses i artiklarna <NOBR>4–7</NOBR> i kommissionens delegerade förordning (EU) nr 241/2014 av den 7 januari 2014 om komplettering av Europaparlamentets och rådets förordning (EU) nr 575/2013 med avseende på tekniska tillsynsstandarder för kapitalbaskrav på institut och som är knutna till varandra genom ett sådant förhållande som avses i artikel 10.1 eller artikel 113.6 eller 113.7 i tillsynsförordningen,</P>
<P class="p1083 ft70"><SPAN class="ft67">hemland</SPAN>: det land där ett företag har fått tillstånd att driva sådan verksamhet som avses i denna lag,</P>
<P class="p124 ft70"><SPAN class="ft67">inlösen av transaktionsbelopp</SPAN>: en betaltjänst där en betaltjänstleverantör accepterar och behandlar betalningsmottagarens betalningstransaktioner för att sedan överföra medel till betalningsmottagaren,</P>
<P class="p124 ft70"><SPAN class="ft67">kapitalbas</SPAN>: detsamma som i 1 kap. 5 § 9 lagen om bank- och finansierings- rörelse,</P>
<P class="p124 ft70"><SPAN class="ft67">kontobaserad betalning</SPAN>: en betaltjänst för kreditering av en betalnings- mottagares betalkonto med en betalningstransaktion från en betalares betalkonto, som utförs av en betaltjänstleverantör som har tillgång till betalarens betalkonto, på grundval av en instruktion som lämnats av betalaren,</P>
<P class="p124 ft70"><SPAN class="ft67">kontoförvaltande betaltjänstleverantör</SPAN>: en betaltjänstleverantör som tillhanda- håller och förvaltar ett betalkonto,</P>
<P class="p124 ft70"><SPAN class="ft67">kontoinformationstjänst</SPAN>: en onlinetjänst för att tillhandahålla sammanställd information om ett eller flera betalkonton som betaltjänstanvändaren har hos en eller flera andra betaltjänstleverantörer,</P>
<P class="p124 ft118"><SPAN class="ft115">konsument</SPAN>: en fysisk person som handlar huvudsakligen för ändamål som faller utanför näringsverksamhet,</P>
<P class="p65 ft70"><SPAN class="ft67">kreditera</SPAN>: att medel tillförs ett konto,</P>
<P class="p124 ft70"><SPAN class="ft67">kreditinstitut</SPAN>: detsamma som i 1 kap. 5 § 10 lagen om bank- och finansierings- rörelse,</P>
<P class="p124 ft70"><SPAN class="ft67">kvalificerat innehav</SPAN>: detsamma som i 1 kap. 5 § 15 lagen om bank- och finansieringsrörelse,</P>
<P class="p124 ft118"><SPAN class="ft115">känslig betalningsuppgift</SPAN>: en personlig behörighetsfunktion eller annan uppgift som kan användas för svikliga förfaranden, dock inte kontoinnehavarens namn och kontonummer i sådan verksamhet som drivs av en leverantör av betalnings- initieringstjänster eller en leverantör av kontoinformationstjänster,</P>
<P class="p724 ft31"><SPAN class="ft21">lagligen bosatt inom EES</SPAN>: en fysisk person som har rätt att bosätta sig inom EES i enlighet med unionsrätten eller nationell rätt, inbegripet personer utan fast adress</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_303">
<P class="p329 ft70">och personer som söker asyl inom ramen för Genèvekonventionen av den 28 juli <SPAN class="ft66">Prop. 2020/21:173 </SPAN>1951 angående flyktingars rättsliga ställning, protokollet till denna av den 31 januari</P>
<P class="p102 ft31">1967 och andra relevanta internationella fördrag,</P>
<P class="p92 ft118"><SPAN class="ft115">medel</SPAN>: sedlar och mynt, kontotillgodohavanden samt elektroniska pengar enligt lagen (2011:755) om elektroniska pengar,</P>
<P class="p92 ft70"><SPAN class="ft67">obehörig transaktion</SPAN>: en transaktion som genomförs utan samtycke från kontohavaren eller någon annan som enligt kontoavtalet är behörig att använda kontot,</P>
<P class="p94 ft70"><SPAN class="ft67">penningöverföring</SPAN>: en betaltjänst där medel tas emot från en betalare, utan att något betalkonto öppnas i betalarens eller betalningsmottagarens namn, uteslutande i syfte att överföra motsvarande belopp till en mottagare eller en annan betaltjänst- leverantör som agerar på mottagarens vägnar, eller där dessa medel tas emot på mottagarens vägnar och ställs till mottagarens förfogande,</P>
<P class="p94 ft118"><SPAN class="ft115">personlig behörighetsfunktion</SPAN>: en personligt anpassad funktion som betaltjänst- leverantören tillhandahåller betaltjänstanvändaren för autentiseringsändamål,</P>
<P class="p92 ft70"><SPAN class="ft67">ramavtal</SPAN>: ett avtal om betaltjänster som reglerar genomförandet av kommande enskilda och successiva betalningstransaktioner och som kan innehålla skyldig- heter och villkor för att öppna ett betalkonto,</P>
<P class="p92 ft70"><SPAN class="ft67">referensväxelkurs</SPAN>: den växelkurs som ligger till grund för beräkningen av eventuell valutaväxling och görs tillgänglig av betaltjänstleverantören eller härrör från en offentligt tillgänglig källa,</P>
<P class="p92 ft118"><SPAN class="ft115">referensräntesats</SPAN>: den räntesats som ligger till grund för beräkningen av eventuell tillämplig ränta och som härrör från en offentligt tillgänglig källa som kan kontrolleras av båda parterna i ett avtal om betaltjänster,</P>
<P class="p92 ft70"><SPAN class="ft67">registrerad betaltjänstleverantör</SPAN>: en betaltjänstleverantör som undantagits från krav på tillstånd enligt 2 kap. 3 §,</P>
<P class="p92 ft118"><SPAN class="ft115">stark kundautentisering</SPAN>: en autentisering som grundas på användning av två eller flera komponenter, kategoriserade som kunskap (något som bara användaren vet), innehav (något som bara användaren har) och unik egenskap (något som användaren är), som är fristående från varandra så att det förhållandet att någon har kommit över en av komponenterna inte äventyrar de andra komponenternas tillförlitlighet, och som är utformad för att skydda autentiseringsuppgifterna mot obehörig åtkomst,</P>
<P class="p698 ft70"><SPAN class="ft67">startkapital</SPAN>: detsamma som i 1 kap. 5 § 18 lagen om bank- och finansierings- rörelse,</P>
<P class="p92 ft70"><SPAN class="ft67">säker kommunikation</SPAN>: sådan kommunikation som uppfyller kraven i de tekniska standarder som antagits av Europeiska kommissionen i enlighet med artikel 98 i betaltjänstdirektivet,</P>
<P class="p92 ft70"><SPAN class="ft67">tillsynsförordningen</SPAN>: Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012,</P>
<P class="p92 ft118"><SPAN class="ft115">unik identifikationskod</SPAN>: en kombination av bokstäver, siffror eller symboler som tillhandahållits av en betaltjänstleverantör, och som en betaltjänstanvändare ska uppge för att otvetydigt identifiera en annan betaltjänstanvändare eller dennes betalkonto,</P>
<P class="p89 ft70"><SPAN class="ft67">utgivning av betalningsinstrument</SPAN>: en betaltjänst hos en betaltjänstleverantör om att tillhandahålla betalaren ett betalningsinstrument för att initiera och behandla betalarens betalningstransaktioner,</P>
<P class="p92 ft70"><SPAN class="ft67">utländskt kreditinstitut</SPAN>: detsamma som i 1 kap. 5 § 21 lagen om bank- och finansieringsrörelse,</P>
<P class="p438 ft31"><SPAN class="ft21">valuteringsdag</SPAN>: den referenstidpunkt som används av en betaltjänstleverantör för att beräkna räntan på de medel som debiterats eller krediterats ett betalkonto.</P>
<P class="p812 ft2">Paragrafen innehåller definitioner. Övervägandena finns i avsnitt 14.5.1.</P>
<P class="p1084 ft2">303</P>
</DIV>
<DIV id="page_304">
<P class="p497 ft2">Prop. 2020/21:173 Ändringen i fråga om tillsynsförordningen är en följd av att rättsaktens titel har ändrats genom värdepappersbolagsförordningen. Hänvisningen till förordningen är dynamisk.</P>
<P class="p1085 ft18"><SPAN class="ft76">17.16</SPAN><SPAN class="ft152">Förslaget till lag om ändring i lagen (2011:755) om elektroniska pengar</SPAN></P>
<P class="p1086 ft22">3 kap. Verksamheten i institut för elektroniska pengar och hos registrerade utgivare</P>
<P class="p524 ft118"><SPAN class="ft132">2 § </SPAN>Ett institut för elektroniska pengar ska vid varje tidpunkt ha en kapitalbas som lägst motsvarar startkapitalet enligt 1 § eller ett kapitalkrav beräknat enligt 3 §. Institutets kapitalbas får inte underskrida det högsta av dessa belopp.</P>
<P class="p498 ft70">Vid beräkningen av kapitalbasen och dess sammansättning ska Europa- parlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012 tillämpas. Därutöver gäller följande vid beräkningen:</P>
<P class="p490 ft118"><SPAN class="ft118">1.</SPAN><SPAN class="ft126">Ett institut för elektroniska pengar som tillhör samma grupp som ett annat institut för elektroniska pengar, eller ett betalningsinstitut, ett kreditinstitut, ett värdepappersföretag, ett fondbolag, en </SPAN><NOBR>AIF-förvaltare</NOBR> som förvaltar specialfonder, ett försäkringsföretag eller ett tjänstepensionsföretag får vid beräkning av kapitalbasen inte ta med sådana poster som ingår i beräkningen av något av dessa företags kapitalbas.</P>
<P class="p692 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">Ett institut för elektroniska pengar som bedriver annan verksamhet i enlighet med 5 § får vid beräkningen av kapitalbasen inte ta med sådana poster som ingår i beräkningen av kapitalbasen i den andra verksamheten.</SPAN></P>
<P class="p562 ft31"><SPAN class="ft31">3.</SPAN><SPAN class="ft47">För ett institut för elektroniska pengar som har bytt redovisningsvaluta får kapitalbasen inte understiga det högsta av de belopp som följer av 6 och 7 §§ lagen (2000:35) om byte av redovisningsvaluta i finansiella företag.</SPAN></P>
<P class="p502 ft2">Paragrafen innehåller bestämmelser om kapitalkrav för institut för elektroniska pengar. Övervägandena finns i avsnitt 14.5.1.</P>
<P class="p477 ft2">Ändringen i <SPAN class="ft3">andra stycket </SPAN>är en följd av att tillsynsförordningens titel har ändrats genom värdepappersbolagsförordningen. Hänvisningen till förordningen är dynamisk.</P>
<P class="p1048 ft18"><SPAN class="ft76">17.17</SPAN><SPAN class="ft152">Förslaget till lag om ändring i lagen (2013:561) om förvaltare av alternativa investeringsfonder</SPAN></P>
<P class="p1087 ft22">1 kap. Lagens innehåll, definitioner, tillämpningsområde och allmänna bestämmelser om förvaltning av alternativa investeringsfonder</P>
<P class="p525 ft67"><SPAN class="ft114">10 § </SPAN><SPAN class="ft70">Med ett </SPAN>förvaringsinstituts behöriga myndigheter <SPAN class="ft70">avses följande. Om förvaringsinstitutet</SPAN></P>
<P class="p490 ft118"><SPAN class="ft118">1.</SPAN><SPAN class="ft126">är ett kreditinstitut med tillstånd som avses enligt Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verk- samhet i kreditinstitut och om tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om upphävande av </SPAN><SPAN class="ft115">direktiven </SPAN>2006/48/EG och 2006/49/EG<SPAN class="ft115">, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034</SPAN>: den myndighet som anges i 1 kap. <SPAN class="ft115">4 </SPAN>§ lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag eller en annan myndighet i ett</P>
<P class="p624 ft2">304</P>
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<DIV id="page_305">
<P class="p329 ft70">annat land inom EES som utövar tillsyn över institut, institut för elektroniska <SPAN class="ft66">Prop. 2020/21:173 </SPAN>pengar eller motsvarande utländska företag,</P>
<P class="p202 ft70"><SPAN class="ft70">2.</SPAN><SPAN class="ft116">är ett värdepappersföretag med tillstånd som avses enligt Europaparlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument och om ändring av direktiv 2002/92/EG och av direktiv 2011/61/EU, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) </SPAN><SPAN class="ft67">2019/2034</SPAN>: de myn- digheter som anges i 1 kap. 4 b § lagen (2007:528) om värdepappersmarknaden,</P>
<P class="p94 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft116">är ett sådant institut som avses i 9 kap. 4 § första stycket 3: de myndigheter i institutets hemland som enligt nationell lag eller annan författning har behörighet att utöva tillsyn över sådana institut,</SPAN></P>
<P class="p92 ft118"><SPAN class="ft118">4.</SPAN><SPAN class="ft126">är någon som avses i 9 kap. 7 §: de myndigheter i det land inom EES där denne är etablerad och vilka, enligt nationell lag eller annan författning, har behörighet att utöva tillsyn över denne, alternativt det officiella organ som har behörighet att registrera eller utöva tillsyn över denne i enlighet med yrkesetiska regler, eller</SPAN></P>
<P class="p828 ft29"><SPAN class="ft29">5.</SPAN><SPAN class="ft32">är utsett som förvaringsinstitut för en icke </SPAN><NOBR>EES-baserad</NOBR> alternativ investerings- fond enligt 9 kap. 5 § och inte omfattas av <NOBR>1–4:</NOBR> de berörda nationella myndigheterna</P>
<P class="p14 ft31"><SPAN class="ft31">i</SPAN><SPAN class="ft47">det land där förvaringsinstitutet har sitt stadgeenliga säte.</SPAN></P>
<P class="p992 ft2">I paragrafen anges vad som avses med ett förvaringsinstituts behöriga myndigheter. Övervägandena finns i avsnitten 6.4, 7.4 och 14.5.1.</P>
<P class="p92 ft2">I <SPAN class="ft3">punkt 1 </SPAN>görs en följdändring med anledning av att kapitaltäcknings- direktivets titel har ändrats genom värdepappersbolagsdirektivet. Hänvis- ningen till direktivet görs statisk. I punkten görs även en rättelse av en hänvisning till tillsynslagen.</P>
<P class="p883 ft22">7 kap. Startkapital och kapitalbas</P>
<P class="p827 ft118"><SPAN class="ft132">4 § </SPAN>En <NOBR>AIF-förvaltares</NOBR> kapitalbas får, trots det som anges i 2 och 3 §§, inte understiga <SPAN class="ft115">det </SPAN>belopp som <SPAN class="ft115">framgår av artikel 13 i Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014. Vid tillämpningen av den artikeln ska det som anges där om värdepappersföretag gälla för </SPAN><NOBR><SPAN class="ft115">AIF-förvaltare.</SPAN></NOBR></P>
<P class="p1088 ft31">Ett belopp motsvarande kapitalbasen ska investeras i likvida tillgångar och får inte innehålla spekulativa positioner.</P>
<P class="p903 ft2">I paragrafen finns bestämmelser om krav på en <NOBR>AIF-förvaltares</NOBR> kapitalbas under pågående verksamhet. Ändringen genomför den ändring i artikel 9.5 i <NOBR>AIFM-direktivet</NOBR> som har gjorts genom artikel 61 i värdepappersbolags- direktivet. Övervägandena finns i avsnitt 7.4.</P>
<P class="p89 ft2">I paragrafen ersätts de materiella bestämmelserna om krav på AIF- förvaltares kapitalbas med en hänvisning till värdepappersbolags- förordningen. Det innebär inte någon ändring i sak när det gäller de krav som ställs på en <NOBR>AIF-förvaltares</NOBR> kapitalbas. Hänvisningen till artikel 13 i värdepappersbolagsförordningen innebär dock att bestämmelserna i de delegerade rättsakter som kommissionen antar med stöd av artikel 13.4 i förordningen blir tillämpliga även i fråga om <NOBR>AIF-förvaltare.</NOBR></P>
<P class="p316 ft70"><SPAN class="ft114">6 § </SPAN>Bestämmelser om tillsyn på gruppnivå finns i</P>
<P class="p87 ft31"><SPAN class="ft2">–</SPAN><SPAN class="ft47">artiklarna </SPAN><NOBR>11–24</NOBR> i Europaparlamentets och rådets förordning (EU) nr 575/2013,</P>
<P class="p87 ft21"><SPAN class="ft2">–</SPAN><SPAN class="ft62">artikel 7 i Europaparlamentets och rådets förordning (EU) 2019/2033,</SPAN></P>
<P class="p65 ft31"><SPAN class="ft2">–</SPAN><SPAN class="ft47">lagen (2006:531) om särskild tillsyn över finansiella konglomerat</SPAN><SPAN class="ft21">, och</SPAN></P>
<P class="p783 ft2">305</P>
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<DIV id="page_306">
<P class="p473 ft31"><SPAN class="ft2">Prop. 2020/21:173 – </SPAN>lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappers- bolag<SPAN class="ft21">.</SPAN></P>
<P class="p1089 ft2">Paragrafen innehåller en upplysning om att det finns bestämmelser om kapitalkrav på gruppnivå i bl.a. tillsynsförordningen och i vissa lagar.</P>
<P class="p477 ft2">I paragrafen införs en hänvisning till värdepappersbolagsförordningen. En <NOBR>AIF-förvaltare</NOBR> kan även ingå i en företagsgrupp som omfattas av konsoliderad tillsyn enligt den förordningen. I paragrafen införs även en punktuppställning.</P>
<P class="p477 ft2">Hänvisningarna till tillsynsförordningen och värdepappersbolags- förordningen är dynamiska.</P>
<P class="p801 ft22">9 kap. Förvaringsinstitut</P>
<P class="p1090 ft70"><SPAN class="ft114">4 § </SPAN>Ett förvaringsinstitut för en <NOBR>EES-baserad</NOBR> alternativ investeringsfond ska vara 1. ett kreditinstitut som</P>
<P class="p479 ft70"><SPAN class="ft70">a)</SPAN><SPAN class="ft116">har stadgeenligt säte inom EES, och</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">b)</SPAN><SPAN class="ft116">har tillstånd som avses i Europaparlamentets och rådets direktiv 2013/36/EU,</SPAN></P>
<P class="p479 ft70">2. ett värdepappersföretag som</P>
<P class="p479 ft70"><SPAN class="ft70">a)</SPAN><SPAN class="ft116">har stadgeenligt säte inom EES,</SPAN></P>
<P class="p479 ft31"><SPAN class="ft31">b)</SPAN><SPAN class="ft47">omfattas av kapitalkraven i enlighet med</SPAN></P>
<P class="p479 ft31"><SPAN class="ft2">– </SPAN>artikel 92 i <SPAN class="ft21">Europaparlamentets och rådets </SPAN>förordning (EU) nr 575/2013, <SPAN class="ft21">eller</SPAN></P>
<P class="p479 ft21"><SPAN class="ft3">– </SPAN>artikel 11 i Europaparlamentets och rådets förordning (EU) nr 2019/2033,</P>
<P class="p540 ft70">och</P>
<P class="p490 ft118"><SPAN class="ft118">c)</SPAN><SPAN class="ft145">har tillstånd som avses i Europaparlamentets och rådets direktiv 2014/65/EU, inbegripet för att tillhandahålla sidotjänster avseende förvaring och handhavande av finansiella instrument för kunders räkning som avses i punkt 1 i avsnitt B i bilaga I till direktivet, och som har egna medel motsvarande det startkapital som anges i </SPAN><SPAN class="ft115">artikel 9.1 i Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direk- tiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU</SPAN>, <SPAN class="ft115">i den ursprungliga lydelsen</SPAN>, eller</P>
<P class="p562 ft70">3. ett annat institut som står under fortlöpande tillsyn och som den 21 juli 2011 hör till de kategorier som har godtagits såsom förvaringsinstitut enligt Europa- parlamentets och rådets direktiv 2009/65/EG.</P>
<P class="p841 ft31">Förvaringsinstitutet ska vara etablerat i den alternativa investeringsfondens hemland.</P>
<P class="p978 ft2">Paragrafen innehåller bestämmelser om förvaringsinstitut för alternativa investeringsfonder. Ändringen i första stycket 2 b görs för att anpassa bestämmelsen till de nya kapitalbaskraven i värdepappersbolags- förordningen. Ändringen i första stycket 2 c genomför delvis artikel 10 a i värdepappersbolagsdirektivet. Övervägandena finns i avsnitten 7.4 och 8.</P>
<P class="p498 ft2"><SPAN class="ft3">Första stycket 2 b </SPAN>kompletteras med en hänvisning till kapitalbaskraven i värdepappersbolagsförordningen eftersom dessa krav kommer att gälla för de allra flesta värdepappersföretag.</P>
<P class="p477 ft2">I <SPAN class="ft3">första stycket 2 c </SPAN>ersätts hänvisningen till kapitaltäckningsdirektivet i fråga om startkapitalkrav med en hänvisning till motsvarande krav i värdepappersbolagsdirektivet.</P>
<P class="p477 ft2">Hänvisningarna till tillsynsförordningen och värdepappersbolagsförord- ningen är dynamiska och hänvisningen till värdepappersbolagsdirektivet är statisk.</P>
<P class="p1064 ft2">306</P>
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<DIV id="page_307">
<P class="p458 ft18">17.18 Förslaget till lag om ändring i lagen (2014:484) <SPAN class="ft73">Prop. 2020/21:173 </SPAN>om en databas för övervakning av och tillsyn</P>
<P class="p459 ft18">över finansmarknaderna</P>
<P class="p862 ft70"><SPAN class="ft114">3 § </SPAN>I databasen får sådana uppgifter behandlas som har samlats in med stöd av</P>
<P class="p65 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft34">6 kap. 9 § första och andra styckena lagen (1988:1385) om Sveriges riksbank,</SPAN></P>
<P class="p88 ft118"><SPAN class="ft118">2.</SPAN><SPAN class="ft126">9 kap. 3 § första stycket lagen (1998:1479) om värdepapperscentraler och kontoföring av finansiella instrument,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft117">10 kap. 2 § första stycket lagen (2004:46) om värdepappersfonder,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">4.</SPAN><SPAN class="ft116">13 kap. 3 § lagen (2004:297) om bank- och finansieringsrörelse,</SPAN></P>
<P class="p65 ft31"><SPAN class="ft31">5.</SPAN><SPAN class="ft34">8 kap. 5 § första stycket lagen (2018:1219) om försäkringsdistribution,</SPAN></P>
<P class="p88 ft118"><SPAN class="ft118">6.</SPAN><SPAN class="ft126">5 kap. 10 och 11 §§ lagen (2006:531) om särskild tillsyn över finansiella konglomerat,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">7.</SPAN><SPAN class="ft117">23 kap. 2 § första stycket lagen (2007:528) om värdepappersmarknaden,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">8.</SPAN><SPAN class="ft117">8 kap. 2 § lagen (2010:751) om betaltjänster,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">9.</SPAN><SPAN class="ft117">17 kap. 5 § försäkringsrörelselagen (2010:2043),</SPAN></P>
<P class="p65 ft31"><SPAN class="ft31">10.</SPAN><SPAN class="ft34">5 kap. 2 § lagen (2011:755) om elektroniska pengar,</SPAN></P>
<P class="p88 ft118"><SPAN class="ft118">11.</SPAN><SPAN class="ft126">13 kap. 6 § första stycket lagen (2013:561) om förvaltare av alternativa investeringsfonder,</SPAN></P>
<P class="p88 ft70"><SPAN class="ft70">12.</SPAN><SPAN class="ft116">6 kap. 1 § lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag,</SPAN></P>
<P class="p88 ft70"><SPAN class="ft70">13.</SPAN><SPAN class="ft157">6 kap. 2 § lagen (2017:230) om Pensionsmyndighetens försäkringsverksamhet i premiepensionssystemet,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">14.</SPAN><SPAN class="ft157">14 kap. 5 § lagen (2019:742) om tjänstepensionsföretag,</SPAN></P>
<P class="p92 ft118"><SPAN class="ft118">15.</SPAN><SPAN class="ft158">artiklarna </SPAN><NOBR>99–101,</NOBR> 394, 415, 416, 430 och 451 i Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012<SPAN class="ft115">, och</SPAN></P>
<P class="p93 ft21"><SPAN class="ft21">16.</SPAN><SPAN class="ft62">artiklarna 54 och 55 i Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014.</SPAN></P>
<P class="p517 ft2">Paragrafen innehåller bestämmelser om vilka uppgifter som får behandlas i databasen för övervakning av och tillsyn över finansmarknaderna. Över- vägandena finns i avsnitten 6.4, 14.5.1 och 14.5.3.</P>
<P class="p89 ft2">Ändringen i <SPAN class="ft3">punkt 15 </SPAN>är en följd av att tillsynsförordningens titel har ändrats genom värdepappersbolagsförordningen.</P>
<P class="p92 ft2"><SPAN class="ft2">I</SPAN><SPAN class="ft159">punkt 16</SPAN>, som är ny, införs en hänvisning till värdepappersbolags- förordningen. Det är den förordningen som, i stället för tillsynsförord- ningen, som huvudregel gäller för värdepappersbolag. Genom bestäm- melsen får uppgifter som har samlats in med stöd av artiklarna 54 och 55</P>
<P class="p1091 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft33">värdepappersbolagsförordningen behandlas i databasen. Det gäller bl.a. uppgifter om kapitalbasens storlek och sammansättning, koncentrations- risker och likviditetskrav.</SPAN></P>
<P class="p91 ft2">Hänvisningarna till tillsynsförordningen och värdepappersbolagsförord- ningen är dynamiska.</P>
<P class="p1092 ft2">307</P>
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<DIV id="page_308">
<P class="p1093 ft101"><SPAN class="ft153">Prop. 2020/21:173 </SPAN>17.19 Förslaget till lag om ändring i lagen (2015:1016) om resolution</P>
<P class="p1073 ft22">2 kap. Definitioner</P>
<P class="p840 ft70"><SPAN class="ft114">1 § </SPAN>I denna lag avses med</P>
<P class="p490 ft70"><SPAN class="ft67">anmält avvecklingssystem</SPAN>: ett anmält avvecklingssystem enligt 2 § lagen (1999:1309) om system för avveckling av förpliktelser på finansmarknaden,</P>
<P class="p490 ft70"><SPAN class="ft67">bankdag</SPAN>: en dag som inte är en lördag, en söndag, midsommarafton, julafton eller nyårsafton eller en allmän helgdag,</P>
<P class="p490 ft118"><SPAN class="ft115">behörig myndighet</SPAN>: i Sverige Finansinspektionen och i fråga om övriga länder inom EES en behörig myndighet enligt definitionen i artikel 4.1.40 i tillsynsförord- ningen, inbegripet Europeiska centralbanken när det gäller de särskilda uppgifter som den tilldelas genom rådets förordning (EU) nr 1024/2013 av den 15 oktober 2013 om tilldelning av särskilda uppgifter till Europeiska centralbanken i fråga om politiken för tillsyn över kreditinstitut, i den ursprungliga lydelsen,</P>
<P class="p498 ft70"><SPAN class="ft67">berörd myndighet</SPAN>: i Sverige Finansinspektionen och i fråga om övriga länder inom EES, den myndighet som länderna identifierat enligt artikel 61.2 i kris- hanteringsdirektivet,</P>
<P class="p490 ft70"><SPAN class="ft67">betydande filial</SPAN>: en filial som är betydande enligt artikel 51.1 i kapitaltäcknings- direktivet,</P>
<P class="p490 ft70"><SPAN class="ft67">blandat finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.21 i tillsynsförordningen,</P>
<P class="p490 ft67">blandat finansiellt moderholdingföretag inom EES<SPAN class="ft70">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">a)</SPAN><SPAN class="ft116">institut eller ett </SPAN><NOBR>EES-institut</NOBR> som auktoriserats i något land inom EES, eller</P>
<P class="p476 ft70"><SPAN class="ft70">b)</SPAN><SPAN class="ft116">annat blandat finansiellt holdingföretag eller ett finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p479 ft31"><SPAN class="ft21">dotterföretag</SPAN>: ett dotterföretag enligt artikel 4.1.16 i tillsynsförordningen,</P>
<P class="p479 ft118"><SPAN class="ft115">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p476 ft70"><NOBR><SPAN class="ft67">EES-filial</SPAN>:</NOBR> en filial till ett tredjelandsinstitut som är etablerad i ett land inom EES,</P>
<P class="p476 ft70"><NOBR><SPAN class="ft67">EES-institut</SPAN>:</NOBR> ett institut enligt artikel 4.1.3 i tillsynsförordningen som är hemmahörande i ett annat land inom EES än Sverige,</P>
<P class="p479 ft118"><SPAN class="ft115">filial</SPAN>: en filial enligt artikel 4.1.17 i tillsynsförordningen,</P>
<P class="p476 ft70"><SPAN class="ft67">finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.20 i tillsyns- förordningen,</P>
<P class="p479 ft70"><SPAN class="ft67">finansiellt institut</SPAN>: ett företag enligt artikel 4.1.26 i tillsynsförordningen,</P>
<P class="p479 ft70"><SPAN class="ft67">finansieringsplan</SPAN>: en plan enligt artikel 107 i krishanteringsdirektivet,</P>
<P class="p476 ft115">finansiellt moderholdingföretag inom EES<SPAN class="ft118">: ett inom EES etablerat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">a)</SPAN><SPAN class="ft116">institut eller ett </SPAN><NOBR>EES-institut</NOBR> som auktoriserats i något land inom EES, eller</P>
<P class="p476 ft70"><SPAN class="ft70">b)</SPAN><SPAN class="ft116">annat finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p490 ft70"><SPAN class="ft67">finansieringsarrangemang</SPAN>: ett arrangemang för finansiering av kostnader för resolution som upprättats av ett land inom EES enligt artikel 100 i krishanterings- direktivet,</P>
<P class="p490 ft118"><SPAN class="ft115">förordningen om resolutionsavgifter</SPAN>: kommissionens delegerade förord- ning (EU) 2015/63 om komplettering av Europaparlamentets och rådets direktiv 2014/59/EU av den 21 oktober 2014 avseende förhandsbidrag till finansieringsarrangemang för resolution,</P>
<P class="p505 ft70"><SPAN class="ft67">garanterad insättning</SPAN>: en insättning som omfattas av insättningsgarantin enligt</P>
<P class="p540 ft70">4 och 4 c §§ lagen (1995:1571) om insättningsgaranti,</P>
<P class="p490 ft70"><SPAN class="ft67">gruppbaserad</SPAN>: som är gjord på grundval av den konsoliderade situationen enligt artikel 4.1.47 i tillsynsförordningen <SPAN class="ft67">eller artikel 4.1.11 i värdepappersbolagsför-</SPAN></P>
<P class="p14 ft21"><SPAN class="ft160">308</SPAN><SPAN style="padding-left:106px;">ordningen<SPAN class="ft31">,</SPAN></SPAN></P>
</DIV>
<DIV id="page_309">
<DIV>
<DIV id="id_1">
<P class="p109 ft70"><SPAN class="ft67">gränsöverskridande koncern</SPAN>: en koncern med moder- och dotterföretag i flera länder inom EES,</P>
<P class="p109 ft70"><SPAN class="ft67">holdingföretag med blandad verksamhet</SPAN>: ett holdingföretag enligt artikel 4.1.22 i tillsynsförordningen,</P>
<P class="p1094 ft70"><SPAN class="ft67">institut</SPAN>: kreditinstitut och värdepappersbolag, <SPAN class="ft67">kapitalbas</SPAN>:</P>
<P class="p65 ft70"><SPAN class="ft67">1.</SPAN><SPAN class="ft119">för kreditinstitut </SPAN>detsamma som avses i artikel 72 i tillsynsförordningen <SPAN class="ft67">och</SPAN></P>
<P class="p109 ft67"><SPAN class="ft67">2.</SPAN><SPAN class="ft161">för värdepappersbolag detsamma som avses i artikel 9 i värdepappersbolags- förordningen</SPAN><SPAN class="ft70">,</SPAN></P>
<P class="p103 ft118"><SPAN class="ft115">kapitaltäckningsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om upphävande av <SPAN class="ft115">direktiven </SPAN>2006/48/EG och 2006/49/EG, i lydelsen enligt Europaparlamentets och rådets direktiv <SPAN class="ft115">(EU) 2019/2034</SPAN>,</P>
<P class="p890 ft70"><SPAN class="ft67">koncern</SPAN>: ett moderföretag och dess dotterföretag,</P>
<P class="p65 ft70"><SPAN class="ft67">koncernresolutionsordning</SPAN>: en plan enligt artikel 91.6 i krishanteringsdirektivet,</P>
<P class="p103 ft118"><SPAN class="ft115">kreditinstitut</SPAN>: <SPAN class="ft115">ett kreditinstitut </SPAN>enligt lagen (2004:297) om bank- och finan- sieringsrörelse <SPAN class="ft115">och ett sådant värdepappersbolag som avses i 1 kap. 2 § första stycket 7 c lagen (2014:968) om särskild tillsyn över kreditinstitut och värde- pappersbolag</SPAN>,</P>
<P class="p890 ft67">krisavvärjande åtgärd<SPAN class="ft70">:</SPAN></P>
<P class="p103 ft118">a) en åtgärd för att undanröja väsentliga brister eller väsentliga hinder för åter- hämtning enligt 6 a kap. 6 och 7 §§ lagen om bank- och finansieringsrörelse och 8 a kap. 7 och 8 §§ lagen (2007:528) om värdepappersmarknaden,</P>
<P class="p116 ft70">b) en åtgärd för att undanröja eller minska väsentliga hinder för rekonstruktion eller avveckling enligt 3 kap. <NOBR>3–5</NOBR> och <NOBR>12–24</NOBR> §§,</P>
<P class="p103 ft118">c) en åtgärd som enligt beslut av Finansinspektionen är en krisavvärjande åtgärd enligt 15 kap. 2 c § lagen om bank- och finansieringsrörelse eller 25 kap. 2 c § lagen om värdepappersmarknaden,</P>
<P class="p105 ft70">d) ett beslut av Finansinspektionen om att tillsätta en tillfällig förvaltare enligt 15 a kap. lagen om bank- och finansieringsrörelse eller 25 a kap. lagen om värdepappersmarknaden, eller</P>
<P class="p1095 ft29">e) nedskrivning eller konvertering av relevanta kapitalinstrument enligt 6 kap., <SPAN class="ft120">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU</P>
<P class="p14 ft118">samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU)</P>
<P class="p14 ft67"><SPAN class="ft70">nr 648/2012, i </SPAN>den ursprungliga lydelsen<SPAN class="ft70">,</SPAN></P>
<P class="p103 ft70"><SPAN class="ft67">kritisk verksamhet</SPAN>: en tjänst eller en transaktion som, om den upphörde, sannolikt skulle leda till en allvarlig störning i det finansiella systemet,</P>
<P class="p103 ft118"><SPAN class="ft115">kvalificerad insättning</SPAN>: en insättning enligt lagen om insättningsgaranti som inte är undantagen enligt 4 b eller 5 § den lagen,</P>
<P class="p103 ft70"><SPAN class="ft67">kärnprimärkapitalinstrument</SPAN>: kapitalinstrument som uppfyller villkoren i artikel <NOBR>28.1–28.4,</NOBR> <NOBR>29.1–29.5</NOBR> eller 31.1 i tillsynsförordningen,</P>
<P class="p65 ft70"><SPAN class="ft67">moderföretag</SPAN>: ett moderföretag enligt artikel 4.1.15 a i tillsynsförordningen,</P>
<P class="p103 ft70"><SPAN class="ft67">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moder- holdingföretag inom EES eller ett blandat finansiellt moderholdingföretag inom EES,</P>
<P class="p103 ft70"><SPAN class="ft67">moderföretag i tredjeland</SPAN>: ett moderinstitut, ett finansiellt moderholdingföretag eller ett blandat finansiellt moderholdingföretag som är hemmahörande i ett land utanför EES,</P>
<P class="p103 ft118"><SPAN class="ft115">moderinstitut inom EES</SPAN>: ett institut eller ett <NOBR>EES-institut</NOBR> som är ett moderföretag och som inte självt är ett dotterföretag till ett</P>
<P class="p87 ft31">a) annat institut eller ett <NOBR>EES-institut,</NOBR> eller</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p501 ft2">309</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_310">
<TABLE cellpadding=0 cellspacing=0 class="t132">
<TR>
<TD class="tr2 td26"><P class="p107 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td103"><P class="p16 ft31">b) finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är</P></TD>
</TR>
<TR>
<TD class="tr9 td26"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td103"><P class="p18 ft118">etablerat i något land inom EES,</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft70"><SPAN class="ft67">relevanta kapitalinstrument</SPAN>: övriga primärkapitalinstrument och supplementär-</P></TD>
</TR>
<TR>
<TD class="tr9 td26"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td103"><P class="p18 ft118">kapitalinstrument,</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft70"><SPAN class="ft67">resolutionsförfarande i tredjeland</SPAN>: en åtgärd som enligt rätten i ett land utanför</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p29 ft70">EES syftar till att hantera en kris i ett tredjelandsinstitut eller i ett moderföretag i</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft70">tredjeland, om åtgärden är jämförbar med sådana resolutionsåtgärder som får</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p18 ft70">vidtas enligt denna lag i fråga om ändamål och förväntat resultat,</P></TD>
</TR>
<TR>
<TD class="tr9 td26"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td103"><P class="p16 ft118"><SPAN class="ft115">resolutionskollegium</SPAN>: ett resolutionskollegium enligt artikel 88 i krishanterings-</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p18 ft70">direktivet,</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p258 ft70"><SPAN class="ft67">resolutionsåtgärd</SPAN>: någon av de åtgärder som anges i 12 kap. 1 §,</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft29"><SPAN class="ft120">samordnande berörd myndighet</SPAN>: den berörda myndigheten i samma land inom EES</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p18 ft70">som den samordnande tillsynsmyndigheten,</P></TD>
</TR>
<TR>
<TD class="tr9 td26"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td103"><P class="p16 ft118"><SPAN class="ft115">samordnande resolutionsmyndighet</SPAN>: resolutionsmyndigheten i samma land inom</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p18 ft70">EES som den samordnande tillsynsmyndigheten,</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft70"><SPAN class="ft67">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som ansvarar för att utöva</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft70">gruppbaserad tillsyn av moderinstitut inom EES och av institut som kontrolleras</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft70">av finansiella moderholdingföretag inom EES eller blandade finansiella moder-</P></TD>
</TR>
<TR>
<TD class="tr9 td26"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td103"><P class="p18 ft118">holdingföretag inom EES,</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft70"><SPAN class="ft67">supplementärkapitalinstrument</SPAN>: kapitalinstrument och efterställda lån som</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p18 ft70">uppfyller villkoren i artikel 63 i tillsynsförordningen,</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft70"><SPAN class="ft67">tillsynsförordningen</SPAN>: Europaparlamentets och rådets förordning (EU)</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft70">nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring</P></TD>
</TR>
<TR>
<TD class="tr9 td26"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td103"><P class="p18 ft118">av förordning (EU) nr 648/2012,</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft70"><SPAN class="ft67">tillsynskollegium</SPAN>: ett tillsynskollegium enligt artikel 116 i kapitaltäcknings-</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft67"><SPAN class="ft70">direktivet </SPAN>eller artikel 48 i Europaparlamentets och rådets direktiv (EU)</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft67">2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft67">ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU,</P></TD>
</TR>
<TR>
<TD class="tr9 td26"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td103"><P class="p18 ft115">2014/59/EU och 2014/65/EU, i den ursprungliga lydelsen<SPAN class="ft118">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft70"><SPAN class="ft67">tredjelandsinstitut</SPAN>: ett företag som har sitt huvudkontor i ett land utanför EES</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p18 ft70">och som skulle vara ett institut om det var hemmahörande inom EES,</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft70"><SPAN class="ft67">värdepappersbolag</SPAN>: ett svenskt aktiebolag som har tillstånd att driva</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft70">värdepappersrörelse enligt lagen om värdepappersmarknaden, om det har tillstånd</P></TD>
</TR>
<TR>
<TD class="tr9 td26"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td103"><P class="p18 ft118">för någon av de tjänster som anges i 2 kap. 1 § 3 <SPAN class="ft115">eller </SPAN>6 den lagen,</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft67">värdepappersbolagsförordningen: Europaparlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft120">(EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p16 ft67">och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU)</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p18 ft67">nr 600/2014 och (EU) nr 806/2014, och</P></TD>
</TR>
<TR>
<TD class="tr9 td26"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td103"><P class="p16 ft118"><SPAN class="ft115">övriga primärkapitalinstrument</SPAN>: kapitalinstrument som uppfyller villkoren i</P></TD>
</TR>
<TR>
<TD class="tr14 td26"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td103"><P class="p18 ft70">artikel 52.1 i tillsynsförordningen.</P></TD>
</TR>
<TR>
<TD class="tr18 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td103"><P class="p16 ft31">Paragrafen innehåller definitioner. Ändringarna genomför artikel 2.1.3 i kris-</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft31">hanteringsdirektivet, i lydelsen enligt artikel 63.1 i värdepappersbolagsdirek-</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">tivet och delvis artikel 65 i värdepappersbolagsdirektivet. Övervägandena</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">finns i avsnitten 6.3, 6.4 och 14.2.</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">Definitionen av kreditinstitut utvidgas till att omfatta även värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft31">pappersbolag som har tillstånd enligt 2 kap. 2 § första stycket 2 och 8 lagen</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft2">om värdepappersmarknaden, dvs. värdepappersbolag som har tillstånd till</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">att lämna kunder kredit och att ta emot kunders medel på konto.</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">Definitionerna av gruppbaserad, kapitalbas och tillsynskollegium</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft2">kompletteras så att de även avser den innebörd dessa termer har i värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">pappersbolagsförordningen och värdepappersbolagsdirektivet.</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p16 ft2">Definitionen av värdepappersbolag ändras så att den omfattar bara</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p16 ft2">sådana värdepappersbolag som har tillstånd för handel för egen räkning</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p113 ft2">310</P></TD>
<TD class="tr4 td103"><P class="p16 ft2">eller för garantigivning avseende finansiella instrument och placering av</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_311">
<P class="p329 ft2">finansiella instrument med ett fast åtagande. Att värdepappersbolag med Prop. 2020/21:173 tillstånd att ta emot medel på konto ska anses utgöra kreditinstitut följer av</P>
<P class="p14 ft2">definitionen av kreditinstitut.</P>
<P class="p89 ft2">I paragrafen införs även en kortform för värdepappersbolagsförord- ningen. Hänvisningen till förordningen är dynamisk.</P>
<P class="p623 ft22">27 kap. Finansiering av resolution</P>
<P class="p1091 ft70"><SPAN class="ft114">13 § </SPAN>Avgiftsskyldiga ska betala årliga resolutionsavgifter. De sammanlagda resolutionsavgifterna för ett år ska uppgå till 0,05 procent av det totala underlag för samtliga avgiftsskyldiga som beräknas enligt 14 § (avgiftsunderlaget).</P>
<P class="p89 ft70">Om inte annat följer av tredje stycket fastställs den resolutionsavgift som en avgiftsskyldig ska betala i enlighet med förordningen om resolutionsavgifter.</P>
<P class="p94 ft118">Det som i artiklarna 4.1, <NOBR>6–9,</NOBR> 12.1, 14.2, 14.3, 14.6 och 17.2 i förordningen om resolutionsavgifter anges om metoden för riskjustering av resolutionsavgift och om uppgiftsskyldighet, ska inte tillämpas för <NOBR>EES-filialer.</NOBR> För <NOBR><SPAN class="ft115">EES-filialer</SPAN></NOBR><SPAN class="ft115"> </SPAN>ska risk- justering av resolutionsavgift ske i enlighet med de kriterier som anges i artikel 103.7 i krishanteringsdirektivet och föreskrifter som har meddelats med stöd av 29 kap. 1 § 8.</P>
<P class="p1058 ft31">Resolutionsavgift ska betalas så länge som behållningen i resolutionsreserven vid utgången av det år avgiften avser understiger tre procent av de garanterade insättningarna.</P>
<P class="p566 ft2">Paragrafen innehåller bestämmelser om resolutionsavgift. Ändringarna genomför delvis artikel 65 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 14.2.</P>
<P class="p331 ft2">I <SPAN class="ft3">tredje stycket </SPAN>tas en hänvisning bort när det gäller vissa värdepappers- bolag som omfattas av en viss definition i tillsynsförordningen respektive driver viss verksamhet som avses i Europaparlamentets och rådets direktiv 2004/39/EG. Ändringen är en följd av att sådana värdepappersbolag inte längre ska tillämpa tillsynsförordningen.</P>
<P class="p1096 ft118"><SPAN class="ft132">14 § </SPAN>Avgiftsunderlaget är summan av den avgiftsskyldiges skulder med avdrag för garanterade insättningar, skulder som anges i artikel 5.1 i förordningen om resolutionsavgifter och de skulder som får ingå i den avgiftsskyldiges kapitalbas enligt tillsynsförordningen <SPAN class="ft115">eller värdepappersbolagsförordningen</SPAN>.</P>
<P class="p1097 ft70">Om inte annat följer av artikel <NOBR>5.2–5.4</NOBR> i förordningen om resolutionsavgifter, ska skulderna beräknas på det sätt som gäller för upptagande av skulder i balansräkning enligt lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag.</P>
<P class="p972 ft2">Paragrafen innehåller bestämmelser om avgiftsunderlaget. Ändringarna genomför delvis artikel 65 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 14.2.</P>
<P class="p331 ft2">Ändringen i <SPAN class="ft3">första stycket </SPAN>innebär att det införs en hänvisning till värde- pappersbolagsförordningen och är en följd av att de flesta värdepappers- bolag ska tillämpa den förordningen. Hänvisningarna till tillsynsförord- ningen och värdepappersbolagsförordningen är dynamiska.</P>
<P class="p1098 ft2">311</P>
</DIV>
<DIV id="page_312">
<DIV>
<DIV id="id_1">
<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">312</P>
</DIV>
<DIV id="id_2">
<P class="p1099 ft18"><SPAN class="ft76">17.20</SPAN><SPAN class="ft152">Förslaget till lag om ändring i lagen (2018:1219) om försäkringsdistribution</SPAN></P>
<P class="p862 ft22">1 kap. Tillämpningsområde och uttryck i lagen</P>
<P class="p671 ft70"><SPAN class="ft114">9 § </SPAN>I denna lag betyder</P>
<P class="p124 ft118"><SPAN class="ft118">1.</SPAN><SPAN class="ft139">anknuten försäkringsförmedlare</SPAN>: en försäkringsförmedlare som har träffat avtal med ett eller flera försäkringsföretag om att distribuera försäkringsprodukter, om dessa produkter inte konkurrerar med varandra och avtalet innebär att försäkringsföretaget är ansvarigt för ren förmögenhetsskada enligt 4 kap. 16 §,</P>
<P class="p124 ft67"><SPAN class="ft70">2.</SPAN><SPAN class="ft119">anknuten sidoverksam försäkringsförmedlare</SPAN><SPAN class="ft70">: en sidoverksam försäkrings- förmedlare som har träffat avtal med ett eller flera försäkringsföretag eller försäkringsförmedlare om att distribuera sådana försäkringsprodukter som anges i 20 b och c, om avtalet innebär att försäkringsföretaget eller försäkringsförmedlaren är ansvarig för ren förmögenhetsskada enligt 4 kap. 16 §,</SPAN></P>
<P class="p124 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft119">behörig myndighet</SPAN>: en utländsk myndighet eller annat utländskt organ som har behörighet att besluta om tillstånd för eller registrering av försäkrings- förmedlare eller att utöva tillsyn över försäkringsförmedlare,</P>
<P class="p132 ft31"><SPAN class="ft31">4.</SPAN><SPAN class="ft62">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p682 ft118"><SPAN class="ft118">5.</SPAN><NOBR><SPAN class="ft139">EES-försäkringsförmedlare</SPAN>:</NOBR> en utländsk försäkringsförmedlare vars hemland är ett annat land inom EES och som omfattas av försäkringsdistributionsdirektivet,</P>
<P class="p124 ft70"><SPAN class="ft70">6.</SPAN><SPAN class="ft119">ersättning</SPAN>: en provision, avgift eller annan betalning, inbegripet en ekonomisk ersättning av något slag eller eventuell annan finansiell eller icke- finansiell förmån eller ett incitament, som erbjuds eller betalas ut med avseende på försäkringsdistribution,</P>
<P class="p123 ft70"><SPAN class="ft70">7.</SPAN><SPAN class="ft119">filial</SPAN>: en försäkringsförmedlares agentur eller filial som ligger i ett annat land inom EES än hemlandet,</P>
<P class="p124 ft118"><SPAN class="ft118">8.</SPAN><SPAN class="ft139">försäkringsbaserad investeringsprodukt</SPAN>: en försäkring med ett förfallo- eller återköpsvärde som helt eller delvis är direkt eller indirekt exponerat mot marknads- volatilitet, med undantag för</P>
<P class="p87 ft70">a) skadeförsäkring,</P>
<P class="p123 ft70">b) livförsäkring där ersättning enligt avtalet endast betalas ut vid dödsfall eller vid invaliditet till följd av skada, sjukdom eller funktionsnedsättning, och</P>
<P class="p65 ft31">c) pensionsförsäkring,</P>
<P class="p124 ft118"><SPAN class="ft118">9.</SPAN><SPAN class="ft139">försäkringsdistributionsdirektivet</SPAN>: Europaparlamentets och rådets direktiv (EU) 2016/97 av den 20 januari 2016 om försäkringsdistribution, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2018/411,</P>
<P class="p87 ft70"><SPAN class="ft70">10.</SPAN><SPAN class="ft119">försäkringsdistributör</SPAN>: en försäkringsförmedlare eller ett försäkringsföretag,</P>
<P class="p124 ft118"><SPAN class="ft27">11.</SPAN><SPAN class="ft139">försäkringsförmedlare</SPAN>: en fysisk eller juridisk person, med undantag för försäkringsföretag eller deras anställda, som mot ersättning bedriver försäkrings- distribution,</P>
<P class="p122 ft67"><SPAN class="ft27">12.</SPAN><SPAN class="ft119">försäkringsförmedlare från tredjeland</SPAN><SPAN class="ft70">: en försäkringsförmedlare vars hemland inte omfattas av försäkringsdistributionsdirektivet,</SPAN></P>
<P class="p87 ft21"><SPAN class="ft31">13.</SPAN><SPAN class="ft62">hemland</SPAN><SPAN class="ft31">:</SPAN></P>
<P class="p123 ft118"><SPAN class="ft118">a)</SPAN><SPAN class="ft145">om försäkringsförmedlaren är en fysisk person, det land där förmedlaren har sin hemvist,</SPAN></P>
<P class="p124 ft70"><SPAN class="ft70">b)</SPAN><SPAN class="ft116">om försäkringsförmedlaren är en juridisk person, det land där förmedlarens säte ligger, eller, om förmedlaren enligt nationell rätt inte har något säte, det land där förmedlarens huvudkontor ligger,</SPAN></P>
<P class="p124 ft70">14. <SPAN class="ft67">kvalificerat innehav</SPAN>: ett direkt eller indirekt ägande i ett företag, om innehavet representerar tio procent eller mer av kapitalet eller av samtliga röster eller annars möjliggör ett väsentligt inflytande över ledningen av företaget,</P>
<P class="p124 ft70">15. <SPAN class="ft67">nära förbindelser</SPAN>: det som avses i 1 kap. 14 § försäkringsrörelselagen (2010:2043), med den skillnaden att det som anges där om försäkringsföretag</P>
<P class="p14 ft31"><SPAN class="ft31">i</SPAN><SPAN class="ft47">stället ska avse försäkringsförmedlare,</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_313">
<P class="p136 ft70">16. <SPAN class="ft67">pensionsförsäkring</SPAN>: försäkringsavtal som har som främsta syfte att ge inkomst <SPAN class="ft66">Prop. 2020/21:173 </SPAN>vid pensionering och som berättigar den försäkrade till vissa ersättningar,</P>
<P class="p88 ft70"><SPAN class="ft70">17.</SPAN><SPAN class="ft119">professionell kund</SPAN>: en kund som avses i 1 kap. 4 b § lagen (2007:528) om värdepappersmarknaden,</P>
<P class="p88 ft67"><SPAN class="ft70">18.</SPAN><SPAN class="ft119">rådgivning grundad på en opartisk och personlig analys</SPAN><SPAN class="ft70">: sådan rådgivning som avses i 4 kap. 2 §,</SPAN></P>
<P class="p92 ft118"><SPAN class="ft118">19.</SPAN><SPAN class="ft162">rådgivning</SPAN>: tillhandahållande av en personlig rekommendation till en kund, antingen på kundens begäran eller på initiativ av försäkringsdistributören, i fråga om ett eller flera försäkringsavtal,</P>
<P class="p202 ft70"><SPAN class="ft70">20.</SPAN><SPAN class="ft161">sidoverksam försäkringsförmedlare</SPAN>: en försäkringsförmedlare – utom kredit- institut och värdepappersföretag enligt definitionen i artikel 4.1.1 och 4.1.2 i Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012</P>
<P class="p522 ft70"><SPAN class="ft70">–</SPAN><SPAN class="ft157">som bedriver försäkringsdistribution som sidoverksamhet, under förutsättning att samtliga följande villkor är uppfyllda:</SPAN></P>
<P class="p87 ft70">a) den har inte försäkringsdistribution som huvudsaklig yrkesverksamhet,</P>
<P class="p88 ft70">b) den distribuerar bara vissa försäkringsprodukter som kompletterar en vara eller en tjänst, och</P>
<P class="p92 ft70">c) de berörda försäkringsprodukterna omfattar inte livförsäkring eller ansvars- försäkring, utom när sådant skydd kompletterar den vara eller tjänst som förmedlaren bedriver som huvudsaklig yrkesverksamhet,</P>
<P class="p461 ft70"><SPAN class="ft70">21.</SPAN><SPAN class="ft119">skadeförsäkring</SPAN>: en försäkring som är hänförlig till någon av de försäkrings- klasser som anges i 2 kap. 11 § försäkringsrörelselagen,</P>
<P class="p88 ft118"><SPAN class="ft118">22.</SPAN><SPAN class="ft139">stora risker</SPAN>: det som avses i 3 kap. 16 § andra och tredje styckena försäkringsrörelselagen,</P>
<P class="p202 ft118"><SPAN class="ft118">23.</SPAN><SPAN class="ft139">tjänstepensionsförsäkring</SPAN>: en livförsäkring som har samband med yrkes- utövning och där utbetalning av försäkringsbelopp (engångsbelopp eller periodiska utbetalningar) beror av att en eller flera personer uppnår eller förväntas uppnå en viss ålder samt försäkringar som meddelas som tillägg till sådana försäkringar,</P>
<P class="p90 ft67"><SPAN class="ft70">24.</SPAN><SPAN class="ft119">svensk fysisk person </SPAN><SPAN class="ft70">och </SPAN>svensk juridisk person<SPAN class="ft70">: en fysisk eller juridisk person vars hemland är Sverige,</SPAN></P>
<P class="p87 ft67"><SPAN class="ft70">25.</SPAN><SPAN class="ft141">varaktigt medium</SPAN><SPAN class="ft70">: ett medel som</SPAN></P>
<P class="p92 ft118"><SPAN class="ft118">a)</SPAN><SPAN class="ft126">gör det möjligt för kunden att bevara information som riktas till kunden personligen, på ett sätt som är tillgängligt för användning i framtiden under en tid som är lämplig med hänsyn till vad som är avsikten med informationen, och</SPAN></P>
<P class="p87 ft70"><SPAN class="ft70">b)</SPAN><SPAN class="ft116">tillåter oförändrad återgivning av den bevarade informationen, och</SPAN></P>
<P class="p92 ft31"><SPAN class="ft31">26.</SPAN><SPAN class="ft62">värdland</SPAN>: det land inom EES där en försäkringsförmedlare har en permanent närvaro eller ett etableringsställe eller tillhandahåller tjänster, och som inte är förmedlarens hemland.</P>
<P class="p517 ft2">Paragrafen innehåller definitioner. Övervägandena finns i avsnitten 14.5.1 och 14.5.3.</P>
<P class="p89 ft2">Ändringen i definitionen av sidoverksam försäkringsförmedlare i <SPAN class="ft3">punkt 20 </SPAN>är en följdändring med anledning av att tillsynsförordningens titel har ändrats genom värdepappersbolagsförordningen. Hänvisningen till förordningen är dynamisk.</P>
<P class="p1100 ft2">313</P>
</DIV>
<DIV id="page_314">
<P class="p1101 ft101"><SPAN class="ft153">Prop. 2020/21:173 </SPAN>17.21 Förslaget till lag om ändring i lagen (2020:1157) om ändring i lagen (2007:528) om värdepappersmarknaden</P>
<P class="p1073 ft22">1 kap. Definitioner av olika aktörer</P>
<TABLE cellpadding=0 cellspacing=0 class="t133">
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td243"><P class="p279 ft31"><SPAN class="ft35">4 b § </SPAN>I denna lag betyder</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70"><SPAN class="ft67">anknutet ombud</SPAN>: en fysisk eller juridisk person som har träffat avtal med ett</P></TD>
</TR>
<TR>
<TD class="tr9 td176"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td243"><P class="p279 ft118">svenskt värdepappersinstitut eller ett utländskt värdepappersföretag som hör</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">hemma inom EES om att för bara detta instituts eller företags räkning</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70">1. marknadsföra investerings- eller sidotjänster,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70">2. ta emot eller vidarebefordra instruktioner eller order avseende investerings-</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">tjänster eller finansiella instrument,</P></TD>
</TR>
<TR>
<TD class="tr9 td176"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td243"><P class="p380 ft118">3. placera finansiella instrument, eller</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70">4. tillhandahålla investeringsrådgivning avseende dessa instrument eller tjänster,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70"><SPAN class="ft67">behörig myndighet</SPAN>: i Sverige Finansinspektionen och i särskilt angivna fall</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">Bolagsverket och i övrigt en utländsk myndighet som har behörighet att utöva</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">tillsyn över utländska värdepappersföretag och företag som driver en reglerad</P></TD>
</TR>
<TR>
<TD class="tr9 td176"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td243"><P class="p279 ft118">marknad eller annan motsvarande marknad eller som har behörighet att utöva</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">tillsyn över emittenter vars överlåtbara värdepapper är upptagna till handel på en</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">reglerad marknad,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70"><SPAN class="ft67">börs</SPAN>: ett svenskt aktiebolag eller en svensk ekonomisk förening som har fått</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">tillstånd enligt denna lag att driva en eller flera reglerade marknader,</P></TD>
</TR>
<TR>
<TD class="tr9 td176"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td243"><P class="p380 ft118"><SPAN class="ft115">clearingdeltagare</SPAN>: den som får delta i clearingverksamheten hos en clearing-</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">organisation,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70"><SPAN class="ft67">clearingorganisation</SPAN>: ett företag som har fått tillstånd enligt 19 kap. eller</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">Europaparlamentets och rådets förordning (EU) nr 648/2012,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70"><SPAN class="ft67">emittent</SPAN>: i fråga om aktier aktiebolaget och i fråga om annat finansiellt</P></TD>
</TR>
<TR>
<TD class="tr9 td176"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td243"><P class="p279 ft118">instrument utgivaren eller utfärdaren av instrumentet,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70"><SPAN class="ft67">handelsplats</SPAN>: en reglerad marknad, en multilateral handelsplattform (MTF-</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">plattform) eller en organiserad handelsplattform <NOBR>(OTF-plattform),</NOBR></P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70"><SPAN class="ft67">handelsplattform</SPAN>: en <NOBR>MTF-plattform</NOBR> eller en <NOBR>OTF-plattform,</NOBR></P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70"><SPAN class="ft67">kreditinstitut</SPAN>: en bank, ett kreditmarknadsföretag eller ett utländskt bank- eller</P></TD>
</TR>
<TR>
<TD class="tr9 td176"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td243"><P class="p279 ft118">kreditföretag som driver bank- eller finansieringsrörelse från filial i Sverige,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft67">leverantör av datarapporteringstjänster<SPAN class="ft70">: detsamma som i artikel 2.1.36a i</SPAN></P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">förordningen om marknader för finansiella instrument,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft67">litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag: ett värdepappersbolag som</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft120">anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersföretag enligt artikel 12.1</P></TD>
</TR>
<TR>
<TD class="tr9 td176"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td243"><P class="p279 ft115">i värdepappersbolagsförordningen,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft29"><SPAN class="ft120">marknadsgarant</SPAN>: en person som på fortlöpande basis åtagit sig att på finansiella</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">marknader handla för egen räkning genom att köpa och sälja finansiella instrument</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">med utnyttjande av egna tillgångar till priser som fastställts av denne,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70"><SPAN class="ft67">marknadsoperatör</SPAN>: en börs eller en eller flera juridiska personer i ett annat land</P></TD>
</TR>
<TR>
<TD class="tr9 td176"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td243"><P class="p279 ft118">inom EES som driver en eller flera reglerade marknader,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70"><NOBR><SPAN class="ft67">MTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som sammanför flera</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">tredjeparters köp- och säljintressen i finansiella instrument – inom systemet och i</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">enlighet med icke skönsmässiga regler – så att det leder till ett kontrakt,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70"><NOBR><SPAN class="ft67">OTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som inte är en reglerad</P></TD>
</TR>
<TR>
<TD class="tr9 td176"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td243"><P class="p279 ft118">marknad eller en <NOBR>MTF-plattform,</NOBR> och inom vilket flera tredjeparters köp- och</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">säljintressen i obligationer, strukturerade finansiella produkter, utsläppsrätter eller</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">derivat kan interagera inom systemet så att det leder till ett kontrakt,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70"><SPAN class="ft67">professionell kund</SPAN>: en sådan kund som avses i 9 kap. 4 eller 5 §,</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p380 ft70"><SPAN class="ft67">reglerad marknad</SPAN>: ett multilateralt system inom EES som sammanför eller</P></TD>
</TR>
<TR>
<TD class="tr9 td176"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td243"><P class="p279 ft118">möjliggör sammanförande av ett flertal köp- och säljintressen i finansiella</P></TD>
</TR>
<TR>
<TD class="tr14 td176"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td243"><P class="p279 ft70">instrument från tredjepart – regelmässigt, inom systemet och i enlighet med icke</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p278 ft2">314</P></TD>
<TD class="tr5 td243"><P class="p279 ft31">skönsmässiga regler – så att det leder till ett kontrakt,</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_315">
<TABLE cellpadding=0 cellspacing=0 class="t134">
<TR>
<TD class="tr16 td345"><P class="p18 ft31"><SPAN class="ft21">statlig emittent</SPAN>: någon av följande som emitterar skuldinstrument:</P></TD>
<TD class="tr16 td49"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
</TABLE>
<P class="p65 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft117">Europeiska unionen,</SPAN></P>
<P class="p1102 ft118"><SPAN class="ft118">2.</SPAN><SPAN class="ft126">en stat inom EES, inbegripet förvaltningar, organ eller en särskild funktion i staten,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft117">när det gäller en federal stat inom EES, en delstat i federationen,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">4.</SPAN><SPAN class="ft117">en särskild funktion för flera stater inom EES,</SPAN></P>
<P class="p92 ft118"><SPAN class="ft118">5.</SPAN><SPAN class="ft126">en internationell finansinstitution som etablerats av minst två stater inom EES och vars mål är att ordna finansiering och tillhandahålla finansiellt bistånd till de stater som har eller riskerar att få allvarliga finansieringsproblem, och</SPAN></P>
<P class="p132 ft70"><SPAN class="ft70">6.</SPAN><SPAN class="ft117">Europeiska investeringsbanken,</SPAN></P>
<P class="p92 ft118"><SPAN class="ft115">systematisk internhandlare</SPAN>: ett värdepappersinstitut som i en organiserad, frekvent, systematisk och väsentlig omfattning handlar för egen räkning när det utför kundorder utanför en reglerad marknad eller en handelsplattform utan att utnyttja ett multilateralt system,</P>
<P class="p92 ft67">tillväxtmarknad för små och medelstora företag<SPAN class="ft70">: en </SPAN><NOBR><SPAN class="ft70">MTF-plattform</SPAN></NOBR><SPAN class="ft70"> som är registrerad som en tillväxtmarknad för små och medelstora företag hos Finans- inspektionen enligt 11 kap. </SPAN><NOBR><SPAN class="ft70">13–15</SPAN></NOBR><SPAN class="ft70"> §§ eller hos en behörig myndighet i ett annat land inom EES,</SPAN></P>
<P class="p92 ft70"><SPAN class="ft67">utländskt kreditinstitut</SPAN>: ett kreditinstitut enligt 1 kap. 5 § första stycket 21 lagen (2004:297) om bank- och finansieringsrörelse,</P>
<P class="p92 ft70"><SPAN class="ft67">utländskt värdepappersföretag</SPAN>: ett utländskt företag som i hemlandet har till- stånd att driva värdepappersrörelse,</P>
<P class="p94 ft70"><SPAN class="ft67">värdepappersbolag</SPAN>: ett svenskt aktiebolag som har fått tillstånd enligt denna lag att driva värdepappersrörelse och som inte är ett bankaktiebolag eller ett kredit- marknadsbolag enligt lagen om bank- och finansieringsrörelse,</P>
<P class="p92 ft70"><SPAN class="ft67">värdepapperscentral</SPAN>: en värdepapperscentral enligt definitionen i artikel 2.1.1 i förordningen om värdepapperscentraler,</P>
<P class="p92 ft67">värdepappersinriktat holdingföretag: ett värdepappersinriktat holdingföretag enligt definitionen i artikel 4.1.23 i värdepappersbolagsförordningen, och</P>
<P class="p92 ft31"><SPAN class="ft21">värdepappersinstitut</SPAN>: ett värdepappersbolag, ett svenskt kreditinstitut som har fått tillstånd enligt denna lag att driva värdepappersrörelse eller ett utländskt företag som driver värdepappersrörelse från filial i Sverige eller genom att använda anknutna ombud etablerade i Sverige.</P>
<P class="p973 ft2">Paragrafen innehåller definitioner. Ändringarna genomför delvis artikel 3.1.21 och artikel 3.1.5 och 3.1.19 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 9.3.</P>
<P class="p89 ft2">Det införs en definition av litet och <NOBR>icke-sammanlänkat</NOBR> värdepappers- bolag, som hänvisar till definitionen i artikel 12.1 i värdepappersbolags- förordningen.</P>
<P class="p89 ft2">Det införs även en definition av värdepappersinriktat holdingföretag som motsvarar definitionen i artikel 4.1.23 i värdepappersbolagsförord- ningen. Kommissionen får anta delegerade akter för att förtydliga defini- tionen i förordningen (artikel 4.2 i värdepappersbolagsförordningen).</P>
<P class="p623 ft22">23 kap. Tillsyn</P>
<P class="p671 ft70"><SPAN class="ft114">4 § </SPAN>Finansinspektionen får när det är nödvändigt genomföra en undersökning hos</P>
<P class="p65 ft31"><SPAN class="ft31">1.</SPAN><SPAN class="ft34">ett värdepappersinstitut,</SPAN></P>
<P class="p65 ft118"><SPAN class="ft118">2.</SPAN><SPAN class="ft145">en börs,</SPAN></P>
<P class="p88 ft70"><SPAN class="ft70">3.</SPAN><SPAN class="ft116">en leverantör av datarapporteringstjänster som Finansinspektionen har tillsyn över,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">4.</SPAN><SPAN class="ft117">en clearingorganisation,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">5.</SPAN><SPAN class="ft117">ett sådant utländskt företag som har tillstånd att driva en reglerad marknad</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t130">
<TR>
<TD class="tr9 td223"><P class="p18 ft118">från filial i Sverige, och</P></TD>
<TD rowspan=2 class="tr20 td86"><P class="p16 ft2">315</P></TD>
</TR>
<TR>
<TD class="tr43 td223"><P class="p18 ft90"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_316">
<DIV id="id_1">
<P class="p1103 ft70"><SPAN class="ft66">Prop. 2020/21:173 </SPAN>6. en emittent som enligt 16 kap. <NOBR>1–3</NOBR> §§ omfattas av skyldigheten enligt samma kapitel att upprätta och offentliggöra regelbunden finansiell information.</P>
<P class="p1104 ft70">Finansinspektionen får även genomföra en undersökning hos ett anknutet ombud eller hos ett företag som har fått i uppdrag av ett värdepappersinstitut att utföra visst arbete eller vissa funktioner, om det behövs för tillsynen av institutet.</P>
<P class="p1105 ft120">Innan en undersökning genomförs hos ett utländskt företag som har inrättat filial enligt 4 kap. 1 § första stycket 1, ska Finansinspektionen samråda med behörig myndighet i det land inom EES som har auktoriserat det utländska företaget.</P>
<P class="p1106 ft2">Paragrafen innehåller bestämmelser om Finansinspektionens platsunder- sökningar. Ändringarna genomför delvis artiklarna <NOBR>4.1–4.3,</NOBR> 14.2 andra stycket, 19 första stycket c och 39.1 i värdepappersbolagsdirektivet. Paragrafen är utformad efter förebild av 13 kap. 4 § andra stycket lagen om bank- och finansieringsrörelse. Övervägandena finns i avsnitt 11.3.</P>
<P class="p1107 ft2"><SPAN class="ft3">Tredje stycket</SPAN>, som är nytt, innebär att Finansinspektionen, innan en platsundersökning genomförs hos en filial i Sverige till ett utländskt företag som hör hemma inom EES, ska samråda med den behöriga myndigheten i det land inom EES som har auktoriserat det utländska värdepappersföretaget.</P>
<P class="p1108 ft101"><SPAN class="ft76">17.22</SPAN><SPAN class="ft154">Förslaget till lag om ändring i lagen (2020:1208) om ändring i lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag</SPAN></P>
<P class="p1109 ft22">5 kap. Noter m.m.</P>
<P class="p1110 ft31"><SPAN class="ft35">7 § </SPAN>Vid tillämpningen av denna lag ska artikel 434.1 i Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kredit- institut och om ändring av förordning (EU) nr 648/2012 beaktas.</P>
<P class="p1111 ft2">Paragrafen upplyser om att artikel 434.1 i tillsynsförordningen ska beaktas vid tillämpningen av lagen. Övervägandena finns i avsnitt 14.5.1.</P>
<P class="p1107 ft2">Ändringen är en följd av att tillsynsförordningens titel har ändrats genom värdepappersbolagsförordningen. Hänvisningen till förordningen är dynamisk.</P>
<P class="p1112 ft101"><SPAN class="ft76">17.23</SPAN><SPAN class="ft154">Förslaget till lag om ändring i lagen (2020:1211) om ändring i lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna</SPAN></P>
<P class="p1113 ft70"><SPAN class="ft114">3 § </SPAN>I databasen får sådana uppgifter behandlas som har samlats in med stöd av 1. 6 kap. 9 § första och andra styckena lagen (1988:1385) om Sveriges riksbank,</P>
<P class="p1114 ft70">2. 9 kap. 3 § första stycket lagen (1998:1479) om värdepapperscentraler och kontoföring av finansiella instrument,</P>
</DIV>
<DIV id="id_2">
<DIV id="id_2_1">
<P class="p14 ft2">316</P>
</DIV>
<DIV id="id_2_2">
<P class="p1115 ft70">3. 10 kap. 2 § första stycket lagen (2004:46) om värdepappersfonder, 4. 13 kap. 3 § lagen (2004:297) om bank- och finansieringsrörelse,</P>
<P class="p102 ft31">5. 8 kap. 5 § första stycket lagen (2018:1219) om försäkringsdistribution,</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_317">
<P class="p136 ft70">6. 5 kap. 10 och 11 §§ lagen (2006:531) om särskild tillsyn över finansiella <SPAN class="ft66">Prop. 2020/21:173 </SPAN>konglomerat,</P>
<P class="p87 ft31"><SPAN class="ft31">7.</SPAN><SPAN class="ft34">23 kap. 2 § första stycket lagen (2007:528) om värdepappersmarknaden,</SPAN></P>
<P class="p65 ft118"><SPAN class="ft118">8.</SPAN><SPAN class="ft145">8 kap. 2 § lagen (2010:751) om betaltjänster,</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">9.</SPAN><SPAN class="ft117">17 kap. 5 § försäkringsrörelselagen (2010:2043),</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">10.</SPAN><SPAN class="ft117">5 kap. 2 § lagen (2011:755) om elektroniska pengar,</SPAN></P>
<P class="p88 ft70"><SPAN class="ft70">11.</SPAN><SPAN class="ft116">13 kap. 6 § första stycket lagen (2013:561) om förvaltare av alternativa investeringsfonder,</SPAN></P>
<P class="p88 ft118"><SPAN class="ft118">12.</SPAN><SPAN class="ft126">6 kap. 1 § lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag,</SPAN></P>
<P class="p88 ft70"><SPAN class="ft70">13.</SPAN><SPAN class="ft157">6 kap. 2 § lagen (2017:230) om Pensionsmyndighetens försäkringsverksamhet i premiepensionssystemet,</SPAN></P>
<P class="p65 ft31"><SPAN class="ft31">14.</SPAN><SPAN class="ft131">14 kap. 5 § lagen (2019:742) om tjänstepensionsföretag,</SPAN></P>
<P class="p92 ft118"><SPAN class="ft118">15.</SPAN><SPAN class="ft158">artiklarna 394, 415, 416, </SPAN><NOBR>430–430b</NOBR> och 451 i Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012<SPAN class="ft115">, och</SPAN></P>
<P class="p391 ft67"><SPAN class="ft67">16.</SPAN><SPAN class="ft119">artiklarna 54 och 55 i Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014.</SPAN></P>
<P class="p972 ft2">Paragrafen innehåller bestämmelser om vilka uppgifter som får behandlas i databasen för övervakning av och tillsyn över finansmarknaderna. Över- vägandena finns i avsnitten 6.4, 14.5.1 och 14.5.3.</P>
<P class="p89 ft2">Ändringen i <SPAN class="ft3">punkt 15 </SPAN>är en följd av att tillsynsförordningens titel har ändrats genom värdepappersbolagsförordningen.</P>
<P class="p89 ft2"><SPAN class="ft2">I</SPAN><SPAN class="ft159">punkt 16</SPAN>, som är ny, införs en hänvisning till värdepappersbolags- förordningen. Det är den förordningen som, i stället för tillsynsförord- ningen, som huvudregel gäller för värdepappersbolag. Genom bestäm- melsen får uppgifter som har samlats in med stöd av artiklarna 54 och 55</P>
<P class="p707 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft33">värdepappersbolagsförordningen behandlas i databasen. Det gäller bl.a. uppgifter om kapitalbasens storlek och sammansättning, koncentrations- risker och likviditetskrav.</SPAN></P>
<P class="p91 ft2">Hänvisningarna till tillsynsförordningen och värdepappersbolagsförord- ningen är dynamiska.</P>
<P class="p1116 ft101"><SPAN class="ft76">17.24</SPAN><SPAN class="ft156">Förslaget till lag om ändring i lagen (2021:000) om ändring i lagen (2007:528) om värdepappersmarknaden</SPAN></P>
<P class="p1117 ft22">25 kap. Ingripanden</P>
<P class="p1091 ft118"><SPAN class="ft132">1 d § </SPAN>Finansinspektionen ska, utöver i de fall som anges i 1 a och 1 b §§, ingripa mot någon som ingår i ett värdepappersbolags styrelse eller är dess verkställande direktör, eller ersättare för någon av dem, om värdepappersbolaget</P>
<P class="p1118 ft70"><SPAN class="ft70">1.</SPAN><SPAN class="ft116">har fått tillstånd att driva värdepappersrörelse genom att lämna falska upp- gifter eller på annat otillbörligt sätt,</SPAN></P>
<P class="p94 ft118"><SPAN class="ft118">2.</SPAN><SPAN class="ft126">inte uppfyller kraven i 3 kap. 5 § första stycket eller har tillåtit en styrelse- ledamot, verkställande direktören eller ersättare för någon av dem att åta sig ett sådant uppdrag i bolaget eller kvarstå i bolaget trots att kraven i 3 kap. 1 § första stycket 5 eller 6 eller någon av 8 kap. 8 </SPAN><NOBR>b–8</NOBR> d §§ eller i föreskrifter som meddelats med stöd av 3 kap. 12 § 2 inte är uppfyllda,</P>
<TABLE cellpadding=0 cellspacing=0 class="t135">
<TR>
<TD class="tr5 td332"><P class="p18 ft31">3. åsidosatt sina skyldigheter enligt 5 kap. 4 §,</P></TD>
<TD class="tr5 td208"><P class="p16 ft2">317</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_318">
<P class="p473 ft70"><SPAN class="ft66">Prop. 2020/21:173 </SPAN>4. inte uppfyller kraven i någon av 8 kap. <NOBR>3–6,</NOBR> 8 eller 8 f §§ eller i föreskrifter som meddelats med stöd av 8 kap. 35 § 1,</P>
<P class="p476 ft70"><SPAN class="ft70">5.</SPAN><SPAN class="ft116">i strid med 8 a kap. 2 eller 3 § låter bli att upprätta eller lämna in en återhämtningsplan eller en koncernåterhämtningsplan,</SPAN></P>
<P class="p476 ft70"><SPAN class="ft70">6.</SPAN><SPAN class="ft116">i strid med 8 b kap. 11 § låter bli att anmäla att koncerninternt finansiellt stöd ska lämnas,</SPAN></P>
<P class="p476 ft70"><SPAN class="ft70">7.</SPAN><SPAN class="ft116">i strid med 23 kap. 3 c § låter bli att underrätta Finansinspektionen om att värdepappersbolaget fallerar eller sannolikt kommer att fallera,</SPAN></P>
<P class="p476 ft70"><SPAN class="ft70">8.</SPAN><SPAN class="ft116">i strid med 24 kap. 5 § första stycket låter bli att till Finansinspektionen anmäla sådana förvärv och avyttringar som avses där,</SPAN></P>
<P class="p490 ft70"><SPAN class="ft70">9.</SPAN><SPAN class="ft116">i strid med 24 kap. 5 § tredje stycket låter bli att till Finansinspektionen anmäla namnen på de ägare som har ett kvalificerat innehav av aktier i bolaget samt storleken på innehaven,</SPAN></P>
<P class="p479 ft118"><SPAN class="ft118">10.</SPAN><SPAN class="ft126">gör betalningar till innehavare av instrument som ingår i bolagets kapitalbas</SPAN></P>
<P class="p1119 ft70"><SPAN class="ft70">i</SPAN><SPAN class="ft116">strid med artikel 28, </SPAN><SPAN class="ft67">52 </SPAN>eller 63 i tillsynsförordningen, när dessa artiklar förbjuder sådana betalningar till innehavare av instrument som ingår i kapitalbasen,</P>
<P class="p490 ft118"><SPAN class="ft118">11.</SPAN><SPAN class="ft126">inte uppfyller kravet på kapitalbas och kvalificerade skulder enligt 4 kap. lagen (2015:1016) om resolution eller i strid med 28 kap. 1 § samma lag låter bli att lämna begärda upplysningar till Riksgäldskontoret,</SPAN></P>
<P class="p490 ft70"><SPAN class="ft70">12.</SPAN><SPAN class="ft116">har befunnits ansvarigt för en allvarlig, upprepad eller systematisk överträdelse av lagen (2017:630) om åtgärder mot penningtvätt och finansiering av terrorism, eller föreskrifter som meddelats med stöd av den lagen,</SPAN></P>
<P class="p490 ft70"><SPAN class="ft70">13.</SPAN><SPAN class="ft116">låter bli att lämna information till Finansinspektionen eller lämnar ofullständig eller felaktig information om efterlevnaden av skyldigheten att uppfylla kapitalbaskraven enligt </SPAN><SPAN class="ft67">artikel 11 </SPAN>i <SPAN class="ft67">värdepappersbolagsförordningen</SPAN>, i strid med <SPAN class="ft67">arti- kel 54.1 b </SPAN>i den förordningen,</P>
<P class="p490 ft115"><SPAN class="ft118">14.</SPAN><SPAN class="ft126">låter bli att </SPAN>lämna information till Finansinspektionen <SPAN class="ft118">eller lämnar ofullständig eller felaktig information </SPAN>om koncentrationsrisker<SPAN class="ft118">, i strid med </SPAN>artikel 54 i värdepappersbolagsförordningen<SPAN class="ft118">,</SPAN></P>
<P class="p475 ft67"><SPAN class="ft27">15.</SPAN><SPAN class="ft119">utsätter sig för en koncentrationsrisk som överstiger gränserna i artikel 37 i värdepappersbolagsförordningen</SPAN><SPAN class="ft70">,</SPAN></P>
<P class="p476 ft67"><SPAN class="ft27">16.</SPAN><SPAN class="ft119">vid upprepade tillfällen eller systematiskt, i strid med artikel 43 i värde- pappersbolagsförordningen, låter bli att hålla likvida tillgångar</SPAN><SPAN class="ft70">, </SPAN>eller</P>
<P class="p476 ft70"><SPAN class="ft70">17.</SPAN><SPAN class="ft116">låter bli att lämna </SPAN><SPAN class="ft67">information </SPAN>eller lämnar ofullständig eller felaktig informa- tion<SPAN class="ft67">, i strid med bestämmelserna i del 6 i värdepappersbolagsförordningen</SPAN>.</P>
<P class="p490 ft70">Om en sådan person som avses i första stycket omfattas av tillstånds- eller underrättelseskyldighet enligt 24 kap. 1 eller 4 § för förvärv eller avyttring av aktier eller andelar i bolaget, ska första stycket 8 och 9 inte gälla för den personen</P>
<P class="p540 ft70"><SPAN class="ft70">i</SPAN><SPAN class="ft116">fråga om dessa aktier eller andelar.</SPAN></P>
<P class="p490 ft70">Ett ingripande enligt första stycket får göras endast om bolagets överträdelse är allvarlig och personen i fråga uppsåtligen eller av grov oaktsamhet orsakat överträdelsen.</P>
<P class="p479 ft70">Ingripande görs genom</P>
<P class="p490 ft118"><SPAN class="ft118">1.</SPAN><SPAN class="ft126">beslut att personen i fråga under en viss tid, lägst tre och högst tio år, eller, för upprepade allvarliga överträdelser enligt första stycket 1, 2, 3, 8 eller 9, permanent inte får vara styrelseledamot eller verkställande direktör i ett värdepappersbolag, eller ersättare för någon av dem, eller</SPAN></P>
<P class="p505 ft31"><SPAN class="ft31">2.</SPAN><SPAN class="ft47">beslut om sanktionsavgift.</SPAN></P>
<P class="p892 ft2">Paragrafen innehåller bestämmelser om ingripande mot någon som ingår i ett värdepappersbolags styrelse eller är dess verkställande direktör, eller ersättare för någon av dem. Ändringarna genomför delvis artikel 18 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 13.2.</P>
<P class="p505 ft2">I <SPAN class="ft3">första stycket 10 </SPAN>tas hänvisningen till lagen (2014:966) om kapital-</P>
<P class="p540 ft12">buffertar, i det följande benämnd buffertlagen, bort som en följd av att den</P>
<P class="p14 ft2">318</P>
</DIV>
<DIV id="page_319">
<P class="p329 ft2">lagen inte längre ska tillämpas av de värdepappersbolag som det här är Prop. 2020/21:173 fråga om, dvs. de som ska tillämpa värdepappersbolagsförordningen.</P>
<P class="p439 ft2">I hänvisningen till tillsynsförordningen ersätts artikel 51 med artikel 52 så att hänvisningen överensstämmer med den i artikel 18.1 första stycket g i värdepappersbolagsdirektivet.</P>
<P class="p391 ft2">Genom ändringarna i <SPAN class="ft3">punkterna </SPAN><NOBR><SPAN class="ft3">13</SPAN>–<SPAN class="ft3">17</SPAN></NOBR><SPAN class="ft3"> </SPAN>och borttagandet av hittillsvarande <SPAN class="ft3">punkterna </SPAN><NOBR><SPAN class="ft3">18</SPAN>–<SPAN class="ft3">22</SPAN></NOBR><SPAN class="ft3"> </SPAN>anpassas bestämmelserna på så sätt att de avser överträdelser av värdepappersbolagsförordningen i stället för motsvarande bestämmelser i tillsynsförordningen.</P>
<P class="p1022 ft2"><SPAN class="ft3">Punkt 13 </SPAN>innebär att Finansinspektionen kan ingripa när ett värdepappers- bolag låter bli att lämna information eller lämnar ofullständig eller felaktig information om efterlevnaden av skyldigheten att uppfylla kapitalbaskraven enligt artikel 11 i värdepappersbolagsförordningen,</P>
<P class="p89 ft2"><SPAN class="ft3">Punkt 14 </SPAN>innebär att Finansinspektionen kan ingripa när ett bolag lämnar ofullständig eller felaktig information om koncentrationsrisker.</P>
<P class="p391 ft2"><SPAN class="ft3">Punkt 15 </SPAN>innebär att ingripande kan ske när ett bolag utsätter sig för en koncentrationsrisk som överstiger gränserna i artikel 37 i värdepappersbolags- förordningen.</P>
<P class="p391 ft2"><SPAN class="ft3">Punkt 16 </SPAN>innebär att ingripande kan ske när ett värdepappersbolag upprepat eller systematiskt underlåter att hålla likvida tillgångar, i strid med artikel 43 i värdepappersbolagsförordningen.</P>
<P class="p982 ft31"><SPAN class="ft21">Punkt 17 </SPAN>innebär att ingripande kan ske när ett värdepappersbolag låter bli att lämna eller lämnar ofullständig eller felaktig information i strid med bestämmelserna i del 6 i värdepappersbolagsförordningen. De bestämmel- serna innehåller bl.a. krav på att lämna information om riskhanteringspolicy, bolagsstyrning, ersättningspolicy och investeringspolicy.</P>
<P class="p391 ft2">När det gäller ingripanden mot en person som ingår i styrelsen för ett värde- pappersbolag som ska följa tillsynsförordningen, eller är dess verkställande direktör, eller ersättare för någon av dem, se författningskommentaren till 8 kap. 1 c §.</P>
<P class="p1120 ft18"><SPAN class="ft76">17.25</SPAN><SPAN class="ft155">Förslaget till lag om ändring i lagen (2021:000) om ändring i lagen (2015:1016) om resolution</SPAN></P>
<P class="p862 ft22">2 kap. Definitioner</P>
<P class="p671 ft70"><SPAN class="ft114">1 § </SPAN>I denna lag avses med</P>
<P class="p92 ft70"><SPAN class="ft67">anmält avvecklingssystem</SPAN>: ett anmält avvecklingssystem enligt 2 § lagen (1999:1309) om system för avveckling av förpliktelser på finansmarknaden,</P>
<P class="p92 ft70"><SPAN class="ft67">bankdag</SPAN>: en dag som inte är en lördag, en söndag, midsommarafton, julafton eller nyårsafton eller en allmän helgdag,</P>
<P class="p94 ft118"><SPAN class="ft115">behörig myndighet</SPAN>: i Sverige Finansinspektionen och i fråga om övriga länder inom EES en behörig myndighet enligt definitionen i artikel 4.1.40 i tillsyns- förordningen, inbegripet Europeiska centralbanken när det gäller de särskilda uppgifter som den tilldelas genom rådets förordning (EU) nr 1024/2013 av den 15 oktober 2013 om tilldelning av särskilda uppgifter till Europeiska centralbanken i fråga om politiken för tillsyn över kreditinstitut, i den ursprungliga lydelsen,</P>
<P class="p698 ft31"><SPAN class="ft21">berörd myndighet</SPAN>: i Sverige Finansinspektionen och i fråga om övriga länder inom EES, den myndighet som länderna identifierat enligt artikel 61.2 i kris- hanteringsdirektivet,</P>
<P class="p930 ft2">319</P>
</DIV>
<DIV id="page_320">
<DIV>
<DIV id="id_1">
<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">320</P>
</DIV>
<DIV id="id_2">
<P class="p123 ft70"><SPAN class="ft67">betydande filial</SPAN>: en filial som är betydande enligt artikel 51.1 i kapitaltäcknings- direktivet,</P>
<P class="p123 ft70"><SPAN class="ft67">blandat finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.21 i tillsynsförordningen,</P>
<P class="p123 ft67">blandat finansiellt moderholdingföretag inom EES<SPAN class="ft70">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">a)</SPAN><SPAN class="ft116">institut eller ett </SPAN><NOBR>EES-institut</NOBR> som auktoriserats i något land inom EES, eller</P>
<P class="p123 ft70"><SPAN class="ft70">b)</SPAN><SPAN class="ft116">annat blandat finansiellt holdingföretag eller ett finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p124 ft70"><SPAN class="ft67">central motpart</SPAN>: en central motpart enligt artikel 2.1 i Europaparlamentets och rådets förordning (EU) nr 648/2012 av den 4 juli 2012 om <NOBR>OTC-derivat,</NOBR> centrala motparter och transaktionsregister som har auktoriserats enligt artikel 14 eller godkänts enligt artikel 25 i samma förordning,</P>
<P class="p123 ft118"><SPAN class="ft115">det kombinerade buffertkravet</SPAN>: det kombinerade buffertkravet enligt 2 kap. 2 § lagen (2014:966) om kapitalbuffertar,</P>
<P class="p65 ft70"><SPAN class="ft67">dotterföretag</SPAN>: ett dotterföretag enligt artikel 4.1.16 i tillsynsförordningen,</P>
<P class="p65 ft70"><SPAN class="ft67">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p123 ft70"><NOBR><SPAN class="ft67">EES-filial</SPAN>:</NOBR> en filial till ett tredjelandsinstitut som är etablerad i ett land inom EES,</P>
<P class="p123 ft70"><NOBR><SPAN class="ft67">EES-institut</SPAN>:</NOBR> ett institut enligt artikel 4.1.3 i tillsynsförordningen som är hemmahörande i ett annat land inom EES än Sverige,</P>
<P class="p124 ft115">europeiskt systemviktig resolutionsenhet<SPAN class="ft118">: en resolutionsenhet som inte omfattas av artikel 92a i tillsynsförordningen och som har tillgångar som överstiger 100 miljarder euro eller ingår i en resolutionsgrupp som har tillgångar som över- stiger 100 miljarder euro,</SPAN></P>
<P class="p132 ft70"><SPAN class="ft67">filial</SPAN>: en filial enligt artikel 4.1.17 i tillsynsförordningen,</P>
<P class="p123 ft70"><SPAN class="ft67">finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.20 i tillsyns- förordningen,</P>
<P class="p65 ft70"><SPAN class="ft67">finansiellt institut</SPAN>: ett företag enligt artikel 4.1.26 i tillsynsförordningen,</P>
<P class="p65 ft70"><SPAN class="ft67">finansieringsplan</SPAN>: en plan enligt artikel 107 i krishanteringsdirektivet,</P>
<P class="p123 ft67">finansiellt moderholdingföretag inom EES<SPAN class="ft70">: ett inom EES etablerat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p65 ft70"><SPAN class="ft70">a)</SPAN><SPAN class="ft116">institut eller ett </SPAN><NOBR>EES-institut</NOBR> som auktoriserats i något land inom EES, eller</P>
<P class="p123 ft118"><SPAN class="ft118">b)</SPAN><SPAN class="ft126">annat finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p124 ft70"><SPAN class="ft67">finansieringsarrangemang</SPAN>: ett arrangemang för finansiering av kostnader för resolution som upprättats av ett land inom EES enligt artikel 100 i krishanterings- direktivet,</P>
<P class="p124 ft70"><SPAN class="ft67">förordningen om resolutionsavgifter</SPAN>: kommissionens delegerade förord- ning (EU) 2015/63 om komplettering av Europaparlamentets och rådets direktiv 2014/59/EU av den 21 oktober 2014 avseende förhandsbidrag till finansieringsarrangemang för resolution,</P>
<P class="p65 ft70"><SPAN class="ft67">garanterad insättning</SPAN>: en insättning som omfattas av insättningsgarantin enligt</P>
<P class="p14 ft118">4 och 4 c §§ lagen (1995:1571) om insättningsgaranti,</P>
<P class="p123 ft70"><SPAN class="ft67">globalt systemviktigt institut</SPAN>: ett globalt systemviktigt institut enligt artikel 4.1.133 i tillsynsförordningen,</P>
<P class="p124 ft115">globalt systemviktigt institut hemmahörande utanför EES<SPAN class="ft118">: ett globalt system- viktigt institut hemmahörande utanför EES enligt artikel 4.1.134 i tillsyns- förordningen,</SPAN></P>
<P class="p123 ft70"><SPAN class="ft67">globalt systemviktig resolutionsenhet</SPAN>: en resolutionsenhet som är ett globalt systemviktigt institut eller del av ett sådant,</P>
<P class="p124 ft118"><SPAN class="ft115">gruppbaserad</SPAN>: som är gjord på grundval av den konsoliderade situationen enligt artikel 4.1.47 i tillsynsförordningen <SPAN class="ft115">eller artikel 4.1.11 i värdepappersbolagsför- ordningen</SPAN>,</P>
<P class="p1121 ft31"><SPAN class="ft21">gränsöverskridande koncern</SPAN>: en koncern med moder- och dotterföretag i flera länder inom EES,</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_321">
<P class="p1122 ft70"><SPAN class="ft67">holdingföretag med blandad verksamhet</SPAN>: ett holdingföretag enligt artikel 4.1.22 <SPAN class="ft66">Prop. 2020/21:173 </SPAN>i tillsynsförordningen,</P>
<P class="p1123 ft70"><SPAN class="ft67">institut</SPAN>: kreditinstitut och värdepappersbolag, <SPAN class="ft67">kapitalbas</SPAN>:</P>
<P class="p1009 ft70"><SPAN class="ft67">1.</SPAN><SPAN class="ft119">för kreditinstitut, </SPAN>detsamma som avses i artikel 72 i tillsynsförordningen <SPAN class="ft67">och</SPAN></P>
<P class="p1008 ft67"><SPAN class="ft67">2.</SPAN><SPAN class="ft161">för värdepappersbolag, detsamma som avses i artikel 9 i värdepappers- bolagsförordningen,</SPAN></P>
<P class="p1004 ft70"><SPAN class="ft67">kapitaltäckningsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om upphävande av <SPAN class="ft67">direktiven </SPAN>2006/48/EG och 2006/49/EG, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) <SPAN class="ft67">2019/2034</SPAN>,</P>
<P class="p1009 ft70"><SPAN class="ft67">koncern</SPAN>: ett moderföretag och dess dotterföretag,</P>
<P class="p1009 ft118"><SPAN class="ft115">koncernresolutionsordning</SPAN>: en plan enligt artikel 91.6 i krishanteringsdirektivet,</P>
<P class="p1004 ft70"><SPAN class="ft67">kreditinstitut</SPAN>: <SPAN class="ft67">ett kreditinstitut </SPAN>enligt lagen (2004:297) om bank- och finansie- ringsrörelse <SPAN class="ft67">och ett sådant värdepappersbolag som avses i 1 kap. 2 § första stycket 7 c lagen (2014:968) om särskild tillsyn över kreditinstitut och värde- pappersbolag</SPAN>,</P>
<P class="p1009 ft115">krisavvärjande åtgärd<SPAN class="ft118">:</SPAN></P>
<P class="p1004 ft70">a) en åtgärd för att undanröja väsentliga brister eller väsentliga hinder för återhämtning enligt 6 a kap. 6 och 7 §§ lagen om bank- och finansieringsrörelse och 8 a kap. 7 och 8 §§ lagen (2007:528) om värdepappersmarknaden,</P>
<P class="p1008 ft118">b) en åtgärd för att undanröja eller minska väsentliga hinder för rekonstruktion eller avveckling enligt 3 kap. <NOBR>3–5</NOBR> och <NOBR>12–24</NOBR> §§,</P>
<P class="p1004 ft70">c) en åtgärd som enligt beslut av Finansinspektionen är en krisavvärjande åtgärd enligt 15 kap. 2 c § lagen om bank- och finansieringsrörelse eller 25 kap. 2 c § lagen om värdepappersmarknaden,</P>
<P class="p1004 ft70">d) ett beslut av Finansinspektionen om att tillsätta en tillfällig förvaltare enligt 15 a kap. lagen om bank- och finansieringsrörelse eller 25 a kap. lagen om värdepappersmarknaden, eller</P>
<P class="p1124 ft118">e) nedskrivning eller konvertering av relevanta kapitalinstrument enligt 6 kap., <SPAN class="ft115">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU</P>
<P class="p1125 ft59">samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034, <SPAN class="ft163">kritisk verksamhet</SPAN>: en tjänst eller en transaktion som, om den upphörde, sannolikt</P>
<P class="p1126 ft70">skulle leda till en allvarlig störning i det finansiella systemet,</P>
<P class="p1004 ft70"><SPAN class="ft67">kvalificerad insättning</SPAN>: en insättning enligt lagen om insättningsgaranti som inte är undantagen enligt 4 b eller 5 § den lagen,</P>
<P class="p1009 ft31"><SPAN class="ft21">kärnprimärkapital</SPAN>: kapital som avses i artikel 50 i tillsynsförordningen,</P>
<P class="p1004 ft118"><SPAN class="ft115">kärnprimärkapitalinstrument</SPAN>: kapitalinstrument som uppfyller villkoren i artikel <NOBR>28.1–28.4,</NOBR> <NOBR>29.1–29.5</NOBR> eller 31.1 i tillsynsförordningen,</P>
<P class="p1009 ft70"><SPAN class="ft67">moderföretag</SPAN>: ett moderföretag enligt artikel 4.1.15 a i tillsynsförordningen,</P>
<P class="p1004 ft118"><SPAN class="ft115">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moder- holdingföretag inom EES eller ett blandat finansiellt moderholdingföretag inom EES,</P>
<P class="p1004 ft70"><SPAN class="ft67">moderföretag i tredjeland</SPAN>: ett moderinstitut, ett finansiellt moderholdingföretag eller ett blandat finansiellt moderholdingföretag som är hemmahörande i ett land utanför EES,</P>
<P class="p1004 ft70"><SPAN class="ft67">moderinstitut inom EES</SPAN>: ett institut eller ett <NOBR>EES-institut</NOBR> som är ett moderföretag och som inte självt är ett dotterföretag till ett</P>
<P class="p1127 ft31">a) annat institut eller ett <NOBR>EES-institut,</NOBR> eller</P>
<P class="p1128 ft2">321</P>
</DIV>
<DIV id="page_322">
<P class="p473 ft70"><SPAN class="ft66">Prop. 2020/21:173 </SPAN>b) finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</P>
<P class="p490 ft67">nationellt systemviktig resolutionsenhet<SPAN class="ft70">: en resolutionsenhet som inte är en globalt systemviktig resolutionsenhet eller en europeiskt systemviktig resolutionsenhet men som Riksgäldskontoret bedömer vara en sannolik systemrisk i händelse av fallissemang,</SPAN></P>
<P class="p490 ft70"><SPAN class="ft67">relevanta kapitalinstrument</SPAN>: övriga primärkapitalinstrument och supplementär- kapitalinstrument,</P>
<P class="p490 ft70"><SPAN class="ft67">resolutionsenhet</SPAN>: en juridisk person inom EES som enligt en resolutionsplan ska vara föremål för resolutionsåtgärder,</P>
<P class="p476 ft118"><SPAN class="ft115">resolutionsförfarande i tredjeland</SPAN>: en åtgärd som enligt rätten i ett land utanför EES syftar till att hantera en kris i ett tredjelandsinstitut eller i ett moderföretag i tredjeland, om åtgärden är jämförbar med sådana resolutionsåtgärder som får vidtas enligt denna lag i fråga om ändamål och förväntat resultat, <SPAN class="ft115">resolutionsgrupp</SPAN>: en resolutionsenhet och dess dotterföretag som inte är</P>
<P class="p895 ft70"><SPAN class="ft70">a)</SPAN><SPAN class="ft116">en resolutionsenhet,</SPAN></P>
<P class="p479 ft70"><SPAN class="ft70">b)</SPAN><SPAN class="ft116">ett dotterföretag till en annan resolutionsenhet, eller</SPAN></P>
<P class="p476 ft70"><SPAN class="ft70">c)</SPAN><SPAN class="ft117">ett dotterföretag i ett tredjeland som enligt resolutionsplanen inte ingår i resolutionsgruppen och dess dotterföretag,</SPAN></P>
<P class="p476 ft70"><SPAN class="ft67">resolutionskollegium</SPAN>: ett resolutionskollegium enligt artikel 88 i krishanterings- direktivet,</P>
<P class="p479 ft70"><SPAN class="ft67">resolutionsåtgärd</SPAN>: någon av de åtgärder som anges i 12 kap. 1 §,</P>
<P class="p476 ft118"><SPAN class="ft115">samordnande berörd myndighet</SPAN>: den berörda myndigheten i samma land inom EES som den samordnande tillsynsmyndigheten,</P>
<P class="p476 ft70"><SPAN class="ft67">samordnande resolutionsmyndighet</SPAN>: resolutionsmyndigheten i samma land inom EES som den samordnande tillsynsmyndigheten,</P>
<P class="p490 ft118"><SPAN class="ft115">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som ansvarar för att utöva gruppbaserad tillsyn av moderinstitut inom EES och av institut som kontrolleras av finansiella moderholdingföretag inom EES eller blandade finansiella moder- holdingföretag inom EES,</P>
<P class="p478 ft70"><SPAN class="ft67">större dotterföretag</SPAN>: ett större dotterföretag enligt artikel 4.1.135 i tillsyns- förordningen,</P>
<P class="p476 ft70"><SPAN class="ft67">supplementärkapitalinstrument</SPAN>: kapitalinstrument och efterställda lån som uppfyller villkoren i artikel 63 i tillsynsförordningen,</P>
<P class="p490 ft70"><SPAN class="ft67">tillsynsförordningen</SPAN>: Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012,</P>
<P class="p490 ft70"><SPAN class="ft67">tillsynskollegium</SPAN>: ett tillsynskollegium enligt artikel 116 i kapitaltäcknings- direktivet <SPAN class="ft67">eller artikel 48 i värdepappersbolagsdirektivet</SPAN>,</P>
<P class="p490 ft70"><SPAN class="ft67">tredjelandsinstitut</SPAN>: ett företag som har sitt huvudkontor i ett land utanför EES och som skulle vara ett institut om det var hemmahörande inom EES,</P>
<P class="p490 ft118"><SPAN class="ft115">värdepappersbolag</SPAN>: ett svenskt aktiebolag som har tillstånd att driva värde- pappersrörelse enligt lagen om värdepappersmarknaden, om det har tillstånd för någon av de tjänster som anges i 2 kap. 1 § 3 <SPAN class="ft115">eller </SPAN>6 den lagen,</P>
<P class="p490 ft70"><SPAN class="ft67">värdepappersbolagsdirektivet: </SPAN>Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU, i den ursprungliga lydelsen,</P>
<P class="p490 ft70"><SPAN class="ft67">värdepappersbolagsförordningen: </SPAN>Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014, och</P>
<P class="p490 ft31"><SPAN class="ft21">övriga primärkapitalinstrument</SPAN>: kapitalinstrument som uppfyller villkoren i artikel 52.1 i tillsynsförordningen.</P>
<P class="p670 ft2">322</P>
</DIV>
<DIV id="page_323">
<P class="p329 ft2">Paragrafen innehåller definitioner. Ändringarna genomför artikel 2.1.3 i kris- Prop. 2020/21:173 hanteringsdirektivet, i lydelsen enligt artikel 63.1 i värdepappersbolagsdirek-</P>
<P class="p564 ft2">tivet, och delvis artikel 65 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitten 6.3, 6.4 och 14.2.</P>
<P class="p331 ft2">Definitionen av kreditinstitut utvidgas till att omfatta även värde- pappersbolag som har tillstånd enligt 2 kap. 2 § första stycket 2 och 8 lagen om värdepappersmarknaden, dvs. värdepappersbolag som har tillstånd till att lämna kunder kredit och att ta emot kunders medel på konto.</P>
<P class="p438 ft2">Definitionerna av gruppbaserad, kapitalbas och tillsynskollegium kompletteras så att de även avser den innebörd dessa termer har i värde- pappersbolagsförordningen och värdepappersbolagsdirektivet.</P>
<P class="p92 ft2">Definitionen av värdepappersbolag ändras så att den omfattar bara sådana värdepappersbolag som har tillstånd för handel för egen räkning eller för garantigivning avseende finansiella instrument och placering av finansiella instrument med ett fast åtagande. Att värdepappersbolag med tillstånd att ta emot medel på konto ska anses utgöra kreditinstitut följer av definitionen av kreditinstitut.</P>
<P class="p438 ft2">I paragrafen införs även en kortform för värdepappersbolagsförord- ningen. Hänvisningen till förordningen är dynamisk.</P>
<P class="p623 ft22">27 kap. Finansiering av resolution</P>
<P class="p1129 ft70"><SPAN class="ft114">13 § </SPAN>Avgiftsskyldiga ska betala årliga resolutionsavgifter. De sammanlagda resolutionsavgifterna för ett år ska uppgå till 0,05 procent av det totala underlag för samtliga avgiftsskyldiga som beräknas enligt 14 § (avgiftsunderlaget).</P>
<P class="p92 ft70">Om inte annat följer av tredje stycket fastställs den resolutionsavgift som en avgiftsskyldig ska betala i enlighet med förordningen om resolutionsavgifter.</P>
<P class="p94 ft118">Det som i artiklarna 4.1, <NOBR>6–9,</NOBR> 12.1, 14.2, 14.3, 14.6 och 17.2 i förordningen om resolutionsavgifter anges om metoden för riskjustering av resolutionsavgift och om uppgiftsskyldighet, ska inte tillämpas för <NOBR>EES-filialer.</NOBR> För <NOBR><SPAN class="ft115">EES-filialer</SPAN></NOBR><SPAN class="ft115"> </SPAN>ska riskjustering av resolutionsavgift ske i enlighet med de kriterier som anges i artikel 103.7 i krishanteringsdirektivet och föreskrifter som har meddelats med stöd av 29 kap. 1 § 11.</P>
<P class="p1097 ft31">Resolutionsavgift ska betalas så länge som behållningen i resolutionsreserven vid utgången av det år avgiften avser understiger tre procent av de garanterade insättningarna.</P>
<P class="p517 ft2">Paragrafen innehåller bestämmelser om resolutionsavgift. Ändringarna genomför delvis artikel 65 i värdepappersbolagsdirektivet. Övervägandena finns i avsnitt 14.2.</P>
<P class="p331 ft2">I <SPAN class="ft3">tredje stycket </SPAN>tas en hänvisning bort när det gäller vissa värdepappers- bolag som omfattas av en viss definition i tillsynsförordningen respektive driver viss verksamhet som avses i Europaparlamentets och rådets direktiv 2004/39/EG. Ändringen är en följd av att sådana värdepappersbolag inte längre ska tillämpa tillsynsförordningen.</P>
<P class="p1130 ft2">323</P>
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<DIV id="page_324">
<DIV id="p324dimg1">
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<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td352"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td128"><P class="p18 ft164">L 314/1</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td355"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td356"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1132 ft168">I</P>
<P class="p1133 ft169">(Lagstiftningsakter)</P>
<P class="p1134 ft170">FÖRORDNINGAR</P>
<P class="p1135 ft171">EUROPAPARLAMENTETS OCH RÅDETS FÖRORDNING (EU) 2019/2033</P>
<P class="p1136 ft171">av den 27 november 2019</P>
<P class="p1137 ft171">om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU)</P>
<P class="p1138 ft171">nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014</P>
<P class="p1139 ft172">(Text av betydelse för EES)</P>
<P class="p1140 ft164">EUROPAPARLAMENTET OCH EUROPEISKA UNIONENS RÅD HAR ANTAGIT DENNA FÖRORDNING</P>
<P class="p1141 ft169">med beaktande av fördraget om Europeiska unionens funktionssätt, särskilt artikel 114,</P>
<P class="p1142 ft169">med beaktande av Europeiska kommissionens förslag,</P>
<P class="p1143 ft169">efter översändande av utkastet till lagstiftningsakt till de nationella parlamenten,</P>
<P class="p1143 ft169">med beaktande av Europeiska centralbankens yttrande (<SPAN class="ft173">1</SPAN>),</P>
<P class="p1143 ft169">med beaktande av Europeiska ekonomiska och sociala kommitténs yttrande (<SPAN class="ft173">2</SPAN>),</P>
<P class="p1143 ft169">i enlighet med det ordinarie lagstiftningsförfarandet (<SPAN class="ft173">3</SPAN>), och</P>
<P class="p1143 ft169">av följande skäl:</P>
<P class="p1144 ft164"><SPAN class="ft174">(1)</SPAN><SPAN class="ft175">Robusta tillsynskrav utgör en väsentlig del av de villkor enligt vilka finansiella institut tillhandahåller tjänster inom unionen. I fråga om tillsynsbehandling omfattas värdepappersföretag, tillsammans med kreditinstitut, av Europapar lamentets och rådets förordning (EU) nr 575/2013 (</SPAN><SPAN class="ft176">4</SPAN>) och Europaparlamentets och rådets direktiv 2013/36/EU (<SPAN class="ft176">5</SPAN>), medan auktorisationskrav och övriga krav avseende organisation och uppförande fastställs i Europaparlamentets och rådets direktiv 2014/65/EU (<SPAN class="ft176">6</SPAN>).</P>
<P class="p1145 ft164"><SPAN class="ft174">(2)</SPAN><SPAN class="ft175">De nuvarande tillsynsordningar som fastställs i förordning (EU) nr 575/2013 och direktiv 2013/36/EU utgår i huvudsak från de successiva ändringar av de internationella regelstandarderna för stora bankkoncerner som antagits av Baselkommittén för banktillsyn och tar bara delvis hänsyn till de särskilda risker som är inneboende i de olika verksamheterna i ett stort antal värdepappersföretag. Dessa värdepappersföretags särskilda inneboende sårbarheter och risker bör därför hanteras genom lämpliga och proportionella tillsynsbestämmelser på unionsnivå.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t137">
<TR>
<TD class="tr8 td124"><P class="p247 ft174">(<SPAN class="ft176">1</SPAN>)</P></TD>
<TD class="tr8 td168"><P class="p37 ft164">EUT C 378, 19.10.2018, s. 5.</P></TD>
</TR>
<TR>
<TD class="tr44 td124"><P class="p247 ft174">(<SPAN class="ft176">2</SPAN>)</P></TD>
<TD class="tr44 td168"><P class="p37 ft165">EUT C 262, 25.7.2018, s. 35.</P></TD>
</TR>
<TR>
<TD class="tr44 td124"><P class="p247 ft174">(<SPAN class="ft176">3</SPAN>)</P></TD>
<TD class="tr44 td168"><P class="p37 ft177">Europaparlamentets ståndpunkt av den 16 april 2019 (ännu ej offentliggjord i EUT) och rådets beslut av den 8 november 2019.</P></TD>
</TR>
</TABLE>
<P class="p41 ft165">(<SPAN class="ft176">4</SPAN>) Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och</P>
<TABLE cellpadding=0 cellspacing=0 class="t138">
<TR>
<TD class="tr45 td124"><P class="p18 ft178"> </P></TD>
<TD class="tr45 td357"><P class="p37 ft164">värdepappersföretag och om ändring av förordning (EU) nr 648/2012 (EUT L 176, 27.6.2013, s. 1).</P></TD>
</TR>
<TR>
<TD class="tr44 td124"><P class="p247 ft174">(<SPAN class="ft176">5</SPAN>)</P></TD>
<TD class="tr44 td357"><P class="p37 ft174">Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD class="tr44 td124"><P class="p18 ft178"> </P></TD>
<TD class="tr44 td357"><P class="p37 ft165">tillsyn av kreditinstitut och värdepappersföretag, om ändring av direktiv 2002/87/EG och om upphävande av direktiv 2006/48/EG</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr2 td124"><P class="p247 ft174">(<SPAN class="ft176">6</SPAN>)</P></TD>
<TD class="tr44 td357"><P class="p37 ft165">och 2006/49/EG (EUT L 176, 27.6.2013, s. 338).</P></TD>
</TR>
<TR>
<TD class="tr44 td357"><P class="p37 ft177">Europaparlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr45 td124"><P class="p18 ft178"> </P></TD>
<TD class="tr45 td357"><P class="p37 ft164">direktiv 2002/92/EG och av direktiv 2011/61/EU (EUT L 173, 12.6.2014, s. 349).</P></TD>
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<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/2</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
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<P class="p1149 ft180"><SPAN class="ft174">(3)</SPAN><SPAN class="ft179">Vilka risker värdepappersföretag själva ådrar sig och utgör för sina kunder och de bredare marknader på vilka de verkar beror på deras verksamheters art och volym, bland annat på om värdepappersföretagen agerar som ombud för sina kunder och inte själva är parter i transaktionerna eller om de agerar som huvudmän i affärstransaktionerna.</SPAN></P>
<P class="p1150 ft164"><SPAN class="ft174">(4)</SPAN><SPAN class="ft181">Sund tillsyn bör säkerställa att värdepappersföretag förvaltas på ett ordnat sätt som tjänar kundernas intressen. De bör ta hänsyn till möjligheten att värdepappersföretag och deras kunder ägnar sig åt ett alltför stort risktagande och till storleken på de risker som värdepappersföretag tar och utgör. Sådana tillsynskrav bör dessutom försöka undvika att lägga en onödig administrativ börda på värdepappersföretag.</SPAN></P>
<P class="p1151 ft164"><SPAN class="ft174">(5)</SPAN><SPAN class="ft181">Många av de tillsynskrav som härrör från det regelverk som utgörs av förordning (EU) nr 575/2013 och direktiv 2013/36/EU är utformade för att hantera risker som är gemensamma för kreditinstitut. De nuvarande kraven är därför i hög grad inriktade på att bevara kreditinstituts utlåningsförmåga genom konjunkturcyklerna och att skydda insättare och skattebetalare från eventuellt fallissemang, och inte på att hantera värdepappersföretags alla olika riskprofiler. Värdepappersföretag har inte stora portföljer av privat- och företagslån och tar inte emot inlåning. Sannolikheten för att deras fallissemang får en skadlig effekt för den finansiella stabiliteten i stort är mindre än för kreditinstitut. De risker som de flesta värdepappersföretag är exponerade för och utgör skiljer sig därför i hög grad från de risker som kreditinstitut är exponerade för och utgör, och sådana skillnader bör tydligt återspeglas i unionens tillsynsregelverk.</SPAN></P>
<P class="p1152 ft164"><SPAN class="ft174">(6)</SPAN><SPAN class="ft181">De tillsynskrav i förordning (EU) nr 575/2013 och direktiv 2013/36/EU som värdepappersföretag omfattas av utgår från kraven för kreditinstitut. För värdepappersföretag vars auktorisation är begränsad till vissa investeringstjänster som inte regleras i det nuvarande tillsynsregelverket finns det ett flertal undantag från dessa krav. I och med de undantagen erkänns att dessa värdepappersföretag inte ådrar sig samma typ av risker som kreditinstitut. Värdepappersföretag som bedriver verksamheter som regleras av det nuvarande tillsynsregelverket och som involverar handel med finansiella instrument i begränsad omfattning är underställda regelverkets krav gällande kapital men kan omfattas av undantag på andra områden, såsom i fråga om likviditet, stora exponeringar och bruttosoliditet. Värdepappersföretag vars auktorisation inte har sådana begränsningar omfattas av samma tillsynskrav som kreditinstitut.</SPAN></P>
<P class="p1153 ft164"><SPAN class="ft174">(7)</SPAN><SPAN class="ft181">Handel med finansiella instrument i </SPAN><NOBR>riskhanterings-,</NOBR> säkrings- eller likviditetshanteringssyfte eller för att ta riktnings positioner på instrumentens värde över tid, är en verksamhet som både kreditinstitut och värdepappersföretag som är auktoriserade att handla för egen räkning får ägna sig åt och som redan behandlas i tillsynsregelverket enligt förordning (EU) nr 575/2013 och direktiv 2013/36/EU. För att undvika en situation med olika villkor, vilket kan leda till regelarbitrage mellan kreditinstitut och värdepappersföretag inom detta område, bör dessa värdepappersföretag även i fortsättningen omfattas av kapitalbaskrav baserade på de regler som behandlar denna risk. Dessa värdepappersföretags exponeringar mot motparter i särskilda transaktioner och motsvarande kapitalbaskrav omfattas också av reglerna och bör därför också fortsätta att vara tillämpliga på värdepappersföretag på ett förenklat sätt. Reglerna om stora exponeringar i det nuvarande tillsynsregelverket är även relevanta om dessa värdepappersföretags handelsexponeringar mot vissa motparter är särskilt stora och därför ger upphov till en alltför koncentrerad riskkälla för ett värdepappersföretag om motparten skulle fallera. Även de reglerna bör därför fortsätta att vara tillämpliga på värdepappersföretag på ett förenklat sätt.</P>
<P class="p1152 ft164"><SPAN class="ft174">(8)</SPAN><SPAN class="ft181">Skillnader i tillämpningen av det nuvarande tillsynsregelverket i olika medlemsstater riskerar att skapa en situation med olika villkor för värdepappersföretag i unionen. Skillnaderna beror på att det är komplicerat att tillämpa regelverket på olika värdepappersföretag beroende på vilka tjänster de tillhandahåller, i fall då vissa nationella myndigheter anpassar eller förenklar tillämpningen i sin nationella rätt eller praxis. Eftersom det nuvarande tillsynsregelverket inte beaktar alla risker som vissa typer av värdepappersföretag är exponerade för och utgör har stora kapitaltillägg tillämpats för vissa värdepappersföretag i en del medlemsstater. Det bör fastställas enhetliga bestämmelser som hanterar dessa risker för att säkerställa en harmoniserad tillsyn av värdepappersföretag i hela unionen.</SPAN></P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td352"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td128"><P class="p18 ft164">L 314/3</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td355"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td356"><P class="p18 ft167"> </P></TD>
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</TABLE>
<P class="p1154 ft164"><SPAN class="ft174">(9)</SPAN><SPAN class="ft175">Det krävs därför en särskild tillsynsordning för värdepappersföretag som på grund av storlek och grad av sammanlänkning med andra finansiella och ekonomiska aktörer inte är systemviktiga. Systemviktiga värdepappersföretag bör emellertid även i fortsättningen omfattas av det nuvarande tillsynsregelverket enligt förordning (EU) nr 575/2013 och direktiv 2013/36/EU. Dessa värdepappersföretag utgör en underkategori av värdepappersföretag som regelverket i förordning (EU) nr 575/2013 och direktiv 2013/36/EU för närvarande är tillämpligt på och som inte omfattas av särskilda undantag från något av deras viktigaste krav. De största och mest sammanlänkade värdepappersföretagen har affärsmodeller och riskprofiler som liknar de betydande kreditinstitutens. De erbjuder s.k. bankliknande tjänster och försäkrar risker i betydande omfattning. Systemviktiga värdepappersföretag är dessutom stora nog för att utgöra, och haraffärsmodeller och riskprofiler som utgör, ett lika stort hot mot de finansiella marknadernas stabilitet och ordnade funktion som stora kreditinstitut. Dessa värdepappersföretag bör därför även i fortsättningen omfattas av reglerna i förordning (EU) nr 575/2013 och direktiv 2013/36/EU.</SPAN></P>
<P class="p1155 ft164"><SPAN class="ft164">(10)</SPAN><SPAN class="ft182">Den särskilda tillsynsordningen för värdepappersföretag som på grund av sin storlek och grad av sammanlänkning med andra finansiella och ekonomiska aktörer inte betraktas som systemviktiga bör ta hänsyn till de specifika affärsmetoder som används av olika typer av värdepappersföretag. Framför allt bör värdepappersföretag som löper den största risken att generera risker för kunder, marknader eller sin egen ordnade funktion omfattas av tydliga och effektiva tillsynskrav som är anpassade till just dessa risker. De tillsynskraven bör anpassas på ett sätt som står i proportion till typen av värdepappersföretag, värdepappersföretagets kunders intressen och främjandet av en friktionsfri och ordnad marknadsfunktion på de marknader där den typen av värdepappersföretag verkar. De bör minska identifierade riskområden och bidra till att säkerställa att ett värdepappersföretag om det fallerar ska kunna avvecklas under ordnade former som orsakar minimal störning av stabiliteten på de finansiella marknaderna.</SPAN></P>
<P class="p1156 ft164"><SPAN class="ft164">(11)</SPAN><SPAN class="ft182">Den ordning som fastställs i denna förordning bör inte påverka den skyldighet som utsedda marknadsgaranter på handelsplatser enligt direktiv 2014/65/EU har att lämna bud och kontinuerligt vara närvarande på marknaden.</SPAN></P>
<P class="p1157 ft164"><SPAN class="ft164">(12)</SPAN><SPAN class="ft182">Tillsynsordningen för värdepappersföretag som på grund av sin storlek och grad av sammanlänkning med andra finansiella och ekonomiska aktörer inte betraktas som systemviktiga bör tillämpas på varje värdepappersföretag på individuell nivå. För att underlätta tillämpningen av tillsynskrav för värdepappersföretag i unionen som ingår i bankkoncerner bör dock värdepappersföretag, för förhindrande av störning av vissa affärsmodeller vars risker redan omfattas av tillämpningen av tillsynsregler, tillåtas att tillämpa kraven i förordning (EU) nr 575/2013 och direktiv 2013/36/EU om detta är lämpligt, förutsatt att detta godkänts av de behöriga myndigheterna och förutsatt att deras beslut att göra så inte syftar till regelarbitrage. Vidare bör små och </SPAN><NOBR>icke-sammanlänkade</NOBR> värdepappersföretag, eftersom de risker som de ådrar sig i de flesta fall är begränsade, kunna utnyttja ett undantag från de särskilda tillsynskraven för värdepappersföretag, om de ingår i en bankkoncern eller en värdepappersföretagskoncern som har sitt säte och står under gruppbaserad tillsyn enligt förordning (EU) nr 575/2013 och direktiv 2013/36/EU eller enligt denna förordning och Europaparlamentets och rådets direktiv (EU) 2019/2034 (<SPAN class="ft176">7</SPAN>), beroende på vad som är tillämpligt, i samma medlemsstat, eftersom de tillsynsregelverken i sådana fall på ett tillräckligt sätt bör täcka de riskerna. Vad gäller koncerner som enbart består av värdepappersföretag, eller om konsolidering enligt förordning (EU) nr 575/2013 inte är tillämplig, bör moderföretaget i sådana koncerner, för att spegla den nuvarande behandlingen av koncerner av värdepappersföretagskoncerner enligt förordning (EU) nr 575/2013 och direktiv 2013/36/EU vara skyldigt att uppfylla kraven i den här förordningen baserat på koncernens konsoliderade situation. I stället för konsolidering under tillsyn kan de behöriga myndigheterna, i fall då sådana värdepappersföre tagskoncerner avspeglar enklare strukturer och riskprofiler, som alternativ tillåta moderföretaget i koncernen att ha tillräckligt kapital för att täcka det bokförda värdet av sina innehav i dotterföretagen. Om de utgör del av en försäkringskoncern bör även små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag kunna utnyttja ett undantag från kraven på offentliggörande.</P>
<P class="p1158 ft164"><SPAN class="ft164">(13)</SPAN><SPAN class="ft182">För att värdepappersföretag även i fortsättningen ska kunna använda sin befintliga kapitalbas för att uppfylla sina kapitalbaskrav enligt det tillsynsregelverk som gäller specifikt för värdepappersföretag bör definitionen och sammansättningen av kapitalbasen anpassas till förordning (EU) nr 575/2013. Det handlar bland annat om fullständiga avdrag av balansräkningsposter från kapitalbasen i enlighet med förordning (EU) nr 575/2013, till exempel uppskjutna skattefordringar och innehav av kapitalinstrument i andra enheter i den finansiella sektorn. Värdepappersföretag bör emellertid kunna undanta </SPAN><NOBR>icke-betydande</NOBR> innehav av kapitalinstrument i enheter i den finansiella sektorn från avdrag om de innehas för handelsändamål i syfte att stödja marknadsgarantverksamhet</P>
<P class="p1159 ft164">(<SPAN class="ft176">7</SPAN>) Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/65/EU och 2014/65/EU (se sidan 64 i detta nummer av EUT).</P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/4</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1160 ft164">avseende dessa instrument. För att anpassa sammansättningen av kapitalbasen till förordning (EU) nr 575/2013 har kapitalbastypernas motsvarande relationer återspeglats inom ramen för denna förordning. För att säkerställa att kraven står i proportion till värdepappersföretagens verksamheters art, omfattning och komplexitetsgrad och att de är lättillgängliga för värdepappersföretagen inom ramen för denna förordning bör kommissionen göra en översyn av om det är lämpligt att fortsätta att anpassa kapitalbasens definition och sammansättning till den i förordning (EU) nr 575/2013.</P>
<P class="p1161 ft164"><SPAN class="ft164">(14)</SPAN><SPAN class="ft183">För att säkerställa att värdepappersföretags verksamhet alltid bedrivs utifrån den kapitalbasnivå som var ett krav för deras auktorisation bör alla värdepappersföretag vid varje tidpunkt uppfylla ett permanent minimikapitalkrav som motsvarar det startkapital som krävdes för auktorisation att tillhandahålla de relevanta investeringstjänsterna och som fastställts i enlighet med direktiv (EU) 2019/2034.</SPAN></P>
<P class="p1162 ft164"><SPAN class="ft164">(15)</SPAN><SPAN class="ft182">För att säkerställa att minimikapitalbaskravet för små och </SPAN><NOBR>icke-sammanlänkade</NOBR> värdepappersföretag är enkelt att tillämpa bör dessa ha en kapitalbas som motsvarar det högre av deras permanenta minimikapitalkrav eller en fjärdedel av deras fasta omkostnader beräknat på grundval av verksamheten året innan. Små och icke- sammanlänkade värdepappersföretag som föredrar att tillämpa ytterligare försiktighet och undvika tröskeleffekter vid omklassificering bör inte förhindras att ha en kapitalbas som överstiger den som krävs enligt den här förordningen eller att tillämpa åtgärder som är strängare än de som föreskrivs i den här förordningen.</P>
<P class="p1163 ft164"><SPAN class="ft164">(16)</SPAN><SPAN class="ft183">För att ta hänsyn till den högre risken i värdepappersföretag som inte är små och icke</SPAN><SPAN class="ft184">‐</SPAN>sammanlänkade bör minimikapitalbaskravet för sådana företag vara det högre av deras permanenta minimikapitalkrav, en fjärdedel av deras fasta omkostnader året innan eller summan av deras krav efter tillämpning av de riskfaktorer som är särskilt anpassade till värdepappersföretag (nedan kallade <NOBR>K-faktorer)</NOBR> och som sätter kapitalet i relation till riskerna inom värdepappersföretagens olika affärsområden.</P>
<P class="p1164 ft164"><SPAN class="ft164">(17)</SPAN><SPAN class="ft183">Vid tillämpningen av de särskilda tillsynskraven för värdepappersföretag bör sådana företag anses som små och icke- sammanlänkade om de inte tillhandahåller investeringstjänster som medför en hög risk för kunder, marknader eller företagen själva, och där deras storlek gör det mindre sannolikt att de skulle orsaka omfattande negativa effekter för kunder och marknader om de inneboende riskerna i deras verksamhet skulle materialiseras eller om de skulle fallera. Små och </SPAN><NOBR>icke-sammanlänkade</NOBR> värdepappersföretag bör därför definieras som företag som inte handlar för egen räkning eller ådrar sig risk genom handel med finansiella instrument, som inte innehar kundtillgångar eller kundmedel, som har tillgångar i både diskretionär portföljförvaltning och <NOBR>icke-diskretionära</NOBR> <NOBR>(rådgivnings-)</NOBR> arrangemang till ett värde av mindre än 1,2 miljarder EUR, som hanterar kundorder i kontanttransaktioner till ett värde av mindre än 100 miljoner EUR per dag eller hanterar kundorder i derivat till ett värde av mindre än 1 miljard EUR per dag, vars balansomslutning uppgår till mindre än 100 miljoner EUR, inklusive poster utanför</P>
<P class="p1165 ft169">balansräkningen, och vars totala årliga bruttointäkter från investeringstjänster uppgår till mindre än 30 miljoner EUR.</P>
<P class="p1166 ft164"><SPAN class="ft164">(18)</SPAN><SPAN class="ft183">För att förhindra regelarbitrage och minska incitamentet för värdepappersföretag att omstrukturera sin verksamhet för att undvika att de överskrider de tröskelvärden över vilka de inte räknas som små och </SPAN><NOBR>icke-sammanlänkade</NOBR> värdepappersföretag, bör tröskelvärdena för förvaltade tillgångar, hantering av kundorder, balansomslutning och totala årliga bruttointäkter tillämpas på sammantagen basis på alla värdepappersföretag som ingår i samma koncern. Övriga villkor – dvs. om ett värdepappersföretag innehar kundmedel, förvarar eller administrerar kundtillgångar eller handlar med finansiella instrument och ådrar sig marknads- eller motpartsrisk – är binära och ger inget utrymme för sådan omstrukturering och bör därför bedömas på individuell nivå. För att fortlöpande ta hänsyn till nya affärsmodeller och de risker som de medför bör dessa villkor och tröskelvärden bedömas vid dagens slut, utom när det gäller innehav av kundmedel, som bör bedömas på intradagsbasis, och balansomslutning och totala årliga bruttointäkter, som bör bedömas utifrån värdepappersföretagets ställning vid slutet av det föregående räkenskapsåret.</P>
<P class="p1167 ft164"><SPAN class="ft164">(19)</SPAN><SPAN class="ft183">Om inte annat följer av de särskilda övergångsbestämmelserna i denna förordning bör ett värdepappersföretag som överskrider de föreskrivna tröskelvärdena eller inte uppfyller övriga villkor inte anses som litet och icke- sammanlänkat utan omfattas av kraven för övriga värdepappersföretag. Detta bör uppmuntra värdepappersföretag att planera sin affärsverksamhet på ett sätt som gör att det står klart att de är små och icke</SPAN><SPAN class="ft184">‐</SPAN>sammanlänkade värdepappersföretag. För att ett värdepappersföretag som inte uppfyller kraven för att anses som ett litet och icke- sammanlänkat värdepappersföretag ska kunna omfattas av denna behandling bör en övervakningsfas föreskrivas under vilken det värdepappersföretaget ska uppfylla villkoren och ligga under de relevanta tröskelvärdena minst sex månader i följd.</P>
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<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td352"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td128"><P class="p18 ft164">L 314/5</P></TD>
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<P class="p1154 ft164"><SPAN class="ft164">(20)</SPAN><SPAN class="ft182">Alla värdepappersföretag bör beräkna sina kapitalbaskrav utifrån en uppsättning </SPAN><NOBR>K-faktorer</NOBR> som tar hänsyn till kundrisk (RtC), marknadsrisk (RtM) och företagsrisk (RtF). K<SPAN class="ft184">‐</SPAN>faktorerna för RtC tar hänsyn till förvaltade kundtillgångar och kontinuerlig rådgivning (K<SPAN class="ft184">‐</SPAN>AUM), innehav av kundmedel <NOBR>(K-CMH),</NOBR> tillgångar under förvaring och administration <NOBR>(K-ASA),</NOBR> och hantering av kundorder <NOBR>(K-COH).</NOBR></P>
<P class="p1168 ft164"><SPAN class="ft164">(21)</SPAN><NOBR><SPAN class="ft182">K-faktorerna</SPAN></NOBR> för RtM tar hänsyn till nettopositionsrisken <NOBR>(K-NPR)</NOBR> i enlighet med bestämmelserna om marknadsrisk i förordning (EU) nr 575/2013 eller, om detta tillåts av den behöriga myndigheten för särskilda typer av värdepappersföretag som handlar för egen räkning genom clearingmedlemmar, baserat på de totala marginalsä kerheter som krävs av ett värdepappersföretags clearingmedlem <NOBR>(K-CMG).</NOBR> Värdepappersföretag bör ha möjlighet att tillämpa <NOBR>K-NPR</NOBR> och <NOBR>K-CMG</NOBR> samtidigt på portföljbasis.</P>
<P class="p1168 ft164"><SPAN class="ft164">(22)</SPAN><NOBR><SPAN class="ft182">K-faktorerna</SPAN></NOBR> för RtF tar hänsyn till ett värdepappersföretags exponering för sina transaktionsmotparters fallissemang <NOBR>(K-TCD)</NOBR> i enlighet med förenklade bestämmelser om motpartsrisk baserade på förordning (EU) nr 575/2013, till koncentrationsrisken i värdepappersföretags stora exponeringar mot vissa motparter baserat på de bestämmelser i den förordningen som är tillämpliga på stora exponeringar i handelslagret <NOBR>(K-CON)</NOBR> och till operativa risker i samband med värdepappersföretagets dagliga handelsaktivitet <NOBR>(K-DTF).</NOBR></P>
<P class="p1169 ft164"><SPAN class="ft164">(23)</SPAN><SPAN class="ft182">Det samlade kapitalbaskravet med hänsyn till </SPAN><NOBR>K-faktorerna</NOBR> är summan av <NOBR>K-faktorkraven</NOBR> för RtC, RtM och RtF. K- AUM, <NOBR>K-ASA,</NOBR> <NOBR>K-CMH,</NOBR> <NOBR>K-COH</NOBR> och <NOBR>K-DTF</NOBR> relaterar till volymen av den verksamhet som varje <NOBR>K-faktor</NOBR> avser. Volymerna för <NOBR>K-CMH,</NOBR> <NOBR>K-ASA</NOBR> och K<SPAN class="ft184">‐</SPAN>DTF beräknas utifrån ett glidande medelvärde för de föregående nio månaderna. Volymen för <NOBR>K-COH</NOBR> beräknas utifrån ett glidande medelvärde för de föregående sex månaderna, medan <NOBR>K-AUM</NOBR> baseras på de föregående femton månaderna. Volymerna multipliceras med de respektive koefficienter som fastställs i denna förordning i syfte att bestämma kapitalbaskravet. Kapitalbaskraven för <NOBR>K-NPR</NOBR> härrör från förordning (EU) nr 575/2013, medan kapitalbaskraven för <NOBR>K-CON</NOBR> och <NOBR>K-TCD</NOBR> bygger på en förenklad tillämpning av motsvarande krav i den förordningen för hantering av stora exponeringar i handelslagret respektive hantering av motpartsrisk. Om ett värdepappersföretag inte bedriver den aktuella verksamheten blir <NOBR>K-faktorn</NOBR> noll.</P>
<P class="p1170 ft164"><SPAN class="ft164">(24)</SPAN><NOBR><SPAN class="ft182">K-faktorerna</SPAN></NOBR> för RtC är proxyvariabler för värdepappersföretags affärsområden där kunder kan tänkas lida skada om det uppstår problem. <NOBR>K-AUM</NOBR> tar hänsyn till risken att kunder lider skada på grund av en felaktig diskretionär förvaltning av kundportföljer eller brister i orderutförande och är till nytta för kunder genom att de försäkras oavbruten portföljförvaltning och rådgivning. <NOBR>K-ASA</NOBR> tar hänsyn till risken vid förvaring och administration av kunders tillgångar och säkerställer att värdepappersföretag har kapital i proportion till sådana tillgångar, oavsett om de redovisas i företagets egen balansräkning eller på tredjepartskonton. <NOBR>K-CMH</NOBR> tar hänsyn till risken för skada i fall då ett värdepappersföretag innehar kundmedel, med beaktande av huruvida de redovisas i företagets egen balansräkning eller på tredjepartskonton och arrangemang enligt tillämplig nationell rätt föreskriver att kundmedlen ska bevaras i händelse av att värdepappersföretaget går i konkurs, blir insolvent eller försätts i resolution eller administration. <NOBR>K-CMH</NOBR> utesluter kundmedel som är insatta på ett bankkonto (hos en depåhållare) i kundens namn, om värdepappersföretaget har tillgång till kundmedlen via ett tredjepartsmandat. <NOBR>K-COH</NOBR> tar hänsyn till den potentiella risken för kunder när ett värdepappersföretag utför order (i kundens och inte i värdepappersfö retagets eget namn), till exempel i samband med kundtjänster som enbart rör orderutförande eller när ett värdepappersföretag ingår i en kedja för kundorder.</P>
<P class="p1171 ft164"><SPAN class="ft164">(25)</SPAN><NOBR><SPAN class="ft182">K-faktorn</SPAN></NOBR> för RtM för värdepappersföretag som handlar för egen räkning baseras på reglerna om marknadsrisk för positioner i finansiella instrument, i utländsk valuta och i råvaror i enlighet med förordning (EU) nr 575/2013. Det betyder att värdepappersföretag kan välja att tillämpa schablonmetoden, den alternativa schablonmetoden enligt förordning (EU) nr 575/2013 eller alternativet att använda interna modeller, när dessa sistnämnda båda metoder blir tillämpliga på kreditinstitut inte endast med avseende på rapportering utan även med avseende på kapitalbaskrav. Under tiden, och åtminstone under de fem åren efter denna förordnings tillämpningsdatum, bör värdepappersföretag tillämpa regelverket för marknadsrisker (schablonmetoder eller, i tillämpliga fall, interna</P>
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<P class="p1147 ft2">Bilaga 1</P>
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<TD class="tr8 td80"><P class="p18 ft166">L 314/6</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
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<P class="p1160 ft164">modeller) i förordning (EU) nr 575/2013 för beräkning av deras <NOBR>K-NPR.</NOBR> Om bestämmelserna i del tre avsnitt IV kapitlen 1a och 1b i förordning (EU) nr 575/2013 i dess ändrade lydelse enligt Europaparlamentets och rådets förordning (EU) 2019/876 (<SPAN class="ft176">8</SPAN>) inte blir tillämpliga på kreditinstitut med avseende på kapitalbaskrav bör värdepappersföretag fortsätta att tillämpa kraven i del tre avdelning IV i förordning (EU) nr 575/2013 för beräkning av deras K<SPAN class="ft184">‐</SPAN>NPR. Alternativt kan kapitalbaskravet för värdepappersföretag som handlar med finansiella instrument med positioner som omfattas av clearing, förutsatt den behöriga myndighetens godkännande och vissa villkor, motsvara det totala marginalsäkerhetsbelopp som krävs av deras clearingmedlem multiplicerat med en fast multiplikator. Användningen av <NOBR>K-CMG</NOBR> bör primärt bygga på ett värdepappersföretags handelsverksamhet som omfattas helt eller delvis av denna metod. Värdepappersföretagets behöriga myndighet får emellertid också tillåta värdepappersföretaget att använda <NOBR>K<SPAN class="ft184">‐</SPAN>CMG-metoden</NOBR> delvis, under förutsättning att denna metod används för alla positioner som omfattas av clearing eller marginalsäkerhet och att en av de tre alternativa metoderna för <NOBR>K-NPR</NOBR> används för portföljer som inte omfattas av clearing. För att säkerställa att kraven står i proportion till värdepappers företagens verksamheters art, omfattning och komplexitetsgrad och att de är lättillgängliga för värdepappersföretaget inom ramen för denna förordning bör alla översyner som senare görs vad gäller tillämpningen av metoderna för beräkning av <NOBR>K-faktorerna</NOBR> omfatta lämpligheten i att fortsätta att anpassa beräkningen av <NOBR>K-NPR</NOBR> till reglerna om marknadsrisk för positioner i handelslagret i finansiella instrument, i utländsk valuta och i råvaror i enlighet med förordning (EU) nr 575/2013.</P>
<P class="p1172 ft164"><SPAN class="ft164">(26)</SPAN><SPAN class="ft183">För värdepappersföretag som handlar för egen räkning innebär </SPAN><NOBR>K-faktorerna</NOBR> <NOBR>K-TCD</NOBR> och <NOBR>K-CON</NOBR> inom ramen för RtF en förenklad tillämpning av de regler som fastställs i förordning (EU) nr 575/2013 om motpartsrisk respektive risk vid stora exponeringar. K<SPAN class="ft184">‐</SPAN>TCD tar hänsyn till ett värdepappersföretags risk att motparter i <NOBR>OTC-derivat,</NOBR> återköpstransaktioner, värdepappers- eller råvarulån, transaktioner med lång avvecklingscykel, marginalutlånings transaktioner, eller andra transaktioner för värdepappersfinansiering, samt mottagare av lån som beviljats av värdepappersföretaget såsom en sidotjänst som en del av en investeringstjänst inte uppfyller sina skyldigheter, genom att exponeringarnas värde, baserat på ersättningskostnad och ett tillägg för potentiell framtida exponering, multipliceras med riskfaktorer som är baserade på förordning (EU) nr 575/2013 och inräknat riskreducerande effekter av faktisk nettning och utväxling av säkerheter. För ytterligare anpassning av motpartsrisk till förordning (EU) nr 575/2013 bör även en fast multiplikator på 1,2 och en multiplikator för kreditvärdighetsjustering (CVA) läggas till, för att avspegla det aktuella marknadsvärdet av kreditrisken för värdepappersföretagets motpart vid särskilda transaktioner. K<SPAN class="ft184">‐</SPAN>CON tar hänsyn till koncentrationsrisken i förhållande till enskilda motparter eller motparter med stark inbördes anknytning inom den privata sektorn mot vilka företagen har exponeringar på mer än 25 % av sin kapitalbas, eller särskilda alternativa tröskelvärden för kreditinstitut eller andra värdepappersföretag genom att det införs ett kapitaltillägg i enlighet med förordning (EU) nr 575/2013 för stora exponeringar över dessa tröskelvärden. Slutligen tar <NOBR>K-DTF</NOBR> hänsyn till de operativa risker för ett värdepappersföretag, vilket under en dag genomför stora volymer av transaktioner för egen räkning eller för kunder i eget namn, som kan uppstå på grund av otillräckliga eller bristfälliga interna processer, den mänskliga faktorn, felaktiga system eller yttre omständigheter, baserat på det nominella värdet av daglig handelsverksamhet, justerat för räntederivats löptid i syfte att begränsa kapitalbaskravshöjningar, särskilt för kortfristiga kontrakt där de konstaterade operativa riskerna är lägre.</P>
<P class="p1173 ft164"><SPAN class="ft164">(27)</SPAN><SPAN class="ft183">Alla värdepappersföretag bör övervaka och kontrollera sin koncentrationsrisk, även med avseende på kunder. Bara värdepappersföretag som omfattas av ett minimikapitalbaskrav enligt </SPAN><NOBR>K-faktorerna</NOBR> bör emellertid rapportera sina koncentrationsrisker till de behöriga myndigheterna. Värdepappersföretag som specialiserat sig på råvaruderivat eller utsläppsrätter eller utsläppsrättsderivat och som har stora koncentrerade exponeringar mot <NOBR>icke-finansiella</NOBR> motparter får överskrida gränsvärdena för koncentrationsrisk utan att <NOBR>K<SPAN class="ft184">‐</SPAN>CON-kapitalkravet</NOBR> höjs, under förutsättning att de har anknytning till affärsverksamhet, likviditetsförvaltning eller riskhantering.</P>
<P class="p1174 ft164"><SPAN class="ft164">(28)</SPAN><SPAN class="ft183">Alla värdepappersföretag bör ha interna förfaranden för att övervaka och hantera sina likviditetskrav. Dessa förfaranden syftar till att underlätta säkerställandet av värdepappersföretagens långsiktiga ordnade funktion utan att det krävs särskilda likviditetsavsättningar för perioder av stress. Värdepappersföretag bör i detta syfte vid varje given tidpunkt ha likvida tillgångar som motsvarar minst en tredjedel av det krav som baseras på fasta omkostnader. Behöriga myndigheter bör emellertid tillåtas att undanta små och </SPAN><NOBR>icke-sammanlänkade</NOBR> värdepappersföretag från</P>
<P class="p1175 ft164">(<SPAN class="ft176">8</SPAN>) Europaparlamentets och rådets förordning (EU) 2019/876 av den 20 maj 2019 om ändring av förordning (EU) nr 575/2013 vad gäller bruttosoliditetsgrad, stabil nettofinansieringskvot, krav för kapitalbas och kvalificerade skulder, motpartsrisk, marknadsrisk, exponeringar mot centrala motparter, exponeringar mot företag för kollektiva investeringar, stora exponeringar, rapporteringskrav och krav på offentliggörande av information, samt av förordning (EU) nr 648/2012 (EUT L 150, 7.6.2019, s. 1).</P>
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<P class="p563 ft2">Bilaga 1</P>
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<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td352"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td128"><P class="p18 ft164">L 314/7</P></TD>
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<P class="p1176 ft164">detta krav. Dessa likvida tillgångar bör vara av hög kvalitet och motsvara de tillgångar som anges i kommissionens delegerade förordning (EU) 2015/61 (<SPAN class="ft176">9</SPAN>) samt de nedsättningar som är tillämpliga på tillgångarna enligt den delegerade förordningen. För att ta hänsyn till att värdepappersföretag har en annan likviditetsprofil än kreditinstitut bör förteckningen över lämpliga likvida tillgångar kompletteras med värdepappersföretagets icke intecknade egna medel och kortfristiga inlåning (som inte bör omfatta kundmedel eller finansiella instrument som tillhör kunder) samt vissa finansiella instrument för vilka det finns en likvid marknad. Små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag samt värdepappersföretag som inte auktoriserats för egen handels- eller garantigivnings verksamhet kan, om de inte är undantagna från likviditetskraven, därutöver inkludera poster relaterade till kundfordringar och avgifter eller provisioner som ska betalas inom 30 dagar som likvida tillgångar, förutsatt att dessa poster inte utgör mer än en tredjedel av minimilikviditetskravet, att de inte räknas in i några ytterligare likviditetskrav som fastställs av den behöriga myndigheten och att de är föremål för en nedsättning på 50 %. Under exceptionella omständigheter bör värdepappersföretag tillåtas att underskrida tröskelvärdet genom att omsätta sina likvida tillgångar för att täcka likviditetskrav, under förutsättning att de omedelbart underrättar sin behöriga myndighet. Alla finansiella garantier som utfärdas för kunder och som kan ge upphov till ökat likviditetsbehov om de infrias bör föranleda en nedsättning av de tillgängliga likvida tillgångarna med minst 1,6 % av garantiernas sammanlagda värde. För att säkerställa att kraven står i proportion till värdepappersföretagens verksamheters art, omfattning och komplexitetsgrad och är lättillgängliga för värdepappersföretagen inom ramen för denna förordning bör en senare översyn göras av lämpligheten hos de likvida tillgångar som kan räknas med för täckning av minimilik viditetskraven, inbegripet den fortsatta anpassningen till dem som förtecknas i delegerad förordning (EU) 2015/61, tillsammans med de nedsättningar som är tillämpliga på tillgångarna enligt den delegerade förordningen.</P>
<P class="p1177 ft164"><SPAN class="ft164">(29)</SPAN><SPAN class="ft182">En proportionell ram för lagstadgad rapportering bör utvecklas tillsammans med den nya tillsynsordningen och noggrant anpassas till värdepappersföretagens verksamhet och tillsynsramens krav. Rapporteringskraven för värdepappersföretag bör omfatta kapitalbasens nivå och sammansättning, kapitalbaskrav, beräkningsunderlag för kapitalbaskraven, verksamhetsprofil och storlek i förhållande till parametrarna för att värdepappersföretag ska anses vara små och </SPAN><NOBR>icke-sammanlänkade,</NOBR> likviditetskrav och efterlevnad av bestämmelserna om koncentrationsrisk. Små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag bör vara undantagna från rapporteringen av koncentrationsrisk och endast behöva rapportera om likviditetskrav om sådana krav är tillämpliga på dem. Europeiska tillsynsmyndigheten (Europeiska bankmyndigheten) inrättad genom Europaparlamentets och rådets förordning (EU) nr 1093/2010 (<SPAN class="ft176">10</SPAN>) (EBA) bör få i uppdrag att utarbeta ett förslag till tekniska genomförandestandarder som närmare specificerar mallar och förfaranden för den lagstadgade rapporteringen och fastställa mallar för offentliggörande av kapitalbasen. Dessa standarder bör stå i proportion till olika värdepappersföretags storlek och komplexitet och särskilt ta hänsyn till huruvida värdepappersföretag ska anses som små och <NOBR>icke-sammanlänkade.</NOBR></P>
<P class="p1178 ft164"><SPAN class="ft164">(30)</SPAN><SPAN class="ft182">För att säkerställa transparens gentemot investerare och marknaderna i stort bör alla värdepappersföretag som inte betraktas som små och </SPAN><NOBR>icke-sammanlänkande</NOBR> företag offentliggöra upplysningar om kapitalbasnivåer, kapitalbaskrav, bolagsstyrning samt ersättningspolicy och ersättningspraxis. Små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag bör inte omfattas av krav på offentliggörande av information, med undantag för om de emitterar primärkapitaltillskott för att tillhandahålla transparens för investerare i sådana instrument.</P>
<P class="p1158 ft164"><SPAN class="ft164">(31)</SPAN><SPAN class="ft182">Värdepappersföretag bör tillämpa en könsneutral ersättningspolicy, i enlighet med den princip som fastställs i artikel 157 i fördraget om Europeiska unionens funktionssätt (EUF</SPAN><SPAN class="ft184">‐</SPAN>fördraget). Vissa förtydliganden bör göras när det gäller kraven på offentliggörande av ersättningar. De krav på offentliggörande av ersättningar som fastställs i denna förordning bör vara förenliga med målen för ersättningsreglerna, nämligen att fastställa och upprätthålla, för de personalkategorier vars yrkesutövning har väsentlig inverkan på värdepappersföretagens riskprofil, en ersättningspolicy och ersättningspraxis som är förenliga med effektiv riskhantering. Värdepappersföretag som omfattas av ett undantag från vissa ersättningsregler bör dessutom vara skyldiga att offentliggöra information om detta undantag.</P>
<P class="p1179 ft165">(<SPAN class="ft176">9</SPAN>) Kommissionens delegerade förordning (EU) 2015/61 av den 10 oktober 2014 om komplettering av Europaparlamentets och rådets förordning (EU) nr 575/2013 när det gäller likviditetstäckningskravet för kreditinstitut (EUT L 11, 17.1.2015, s. 1).</P>
<P class="p1180 ft164">(<SPAN class="ft176">10</SPAN>) Europaparlamentets och rådets förordning (EU) nr 1093/2010 av den 24 november 2010 om inrättande av en europeisk tillsynsmyndighet (Europeiska bankmyndigheten om ändring av beslut nr 716/2009/EG och om upphävande av kommissionens beslut 2009/78/EG (EUT L 331, 15.12.2010, s. 12).</P>
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<P class="p1147 ft2">Bilaga 1</P>
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<TD class="tr8 td80"><P class="p18 ft166">L 314/8</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<P class="p1149 ft164"><SPAN class="ft164">(32)</SPAN><SPAN class="ft183">Lämpliga övergångsbestämmelser bör föreskrivas för att göra det lättare för värdepappersföretagen att övergå från kraven i förordning (EU) nr 575/2013 och direktiv 2013/36/EU till kraven i den här förordningen och direktiv (EU) 2019/2034. Framför allt bör det under en femårsperiod från och med den dag då denna förordning börjar tillämpas vara möjligt för värdepappersföretag vars kapitalbaskrav enligt denna förordning skulle mer än fördubblas jämfört med kapitalbaskravet enligt förordning (EU) nr 575/2013 och direktiv 2013/36/EU att dämpa effekterna av potentiella ökningar genom att begränsa kapitalbaskravet så att det inte blir mer än två gånger det relevanta kapitalbaskravet enligt förordning (EU) nr 575/2013 och direktiv 2013/36/EU.</SPAN></P>
<P class="p1167 ft164"><SPAN class="ft164">(33)</SPAN><SPAN class="ft183">För att inte missgynna nya värdepappersföretag med liknande profiler som befintliga företag bör värdepappersföretag som aldrig har omfattats av kapitalbaskrav enligt förordning (EU) nr 575/2013 och direktiv 2013/36/EU under en femårsperiod från och med den dag då denna förordning börjar tillämpas kunna begränsa sitt kapitalbaskrav enligt denna förordning till två gånger det krav som är baserat på fasta omkostnader.</SPAN></P>
<P class="p1181 ft164"><SPAN class="ft164">(34)</SPAN><SPAN class="ft183">På samma sätt bör värdepappersföretag som omfattats endast av ett startkapitalkrav enligt förordning (EU) nr 575/2013 och direktiv 2013/36/EU och vars kapitalbaskrav enligt denna förordning skulle mer än fördubblas jämfört med situationen enligt förordning (EU) nr 575/2013 och direktiv 2013/36/EU, under en femårsperiod från och med den dag då denna förordning börjar tillämpas få begränsa sitt kapitalbaskrav enligt denna förordning till två gånger startkapitalkravet enligt förordning (EU) nr 575/2013 och direktiv 2013/36/EU, med undantag för de lokala företag som avses i artikel 4.1.2 b i förordning (EU) nr 575/2013 i dess ändrade lydelse enligt Europapar lamentets och rådets förordning (EU) 2019/876, vilka under en övergångsperiod bör omfattas av ett särskilt kapitalbaskrav som återspeglar deras högre risknivå. För proportionalitetens skull bör också särskilda kapitalbaskrav under en övergångsperiod föreskrivas för mindre värdepappersföretag och för dem som tillhandahåller ett begränsat antal investeringstjänster i fall då de inte skulle omfattas av en begränsning av kapitalbaskraven enligt den här förordningen till två gånger kraven på deras startkapital enligt förordning (EU) nr 575/2013, i dess ändrade lydelse enligt Europaparlamentets och rådets förordning (EU) 2019/630 (</SPAN><SPAN class="ft176">11</SPAN>), och direktiv 2013/36/EU, i dess ändrade lydelse enligt Europaparlamentets och rådets direktiv 2019/878 (<SPAN class="ft176">12</SPAN>) men vars bindande kapitalbaskrav enligt den här förordningen skulle öka jämfört med situationen enligt förordning (EU) nr 575/2013,</P>
<P class="p1182 ft169"><SPAN class="ft169">i</SPAN><SPAN class="ft185">dess ändrade lydelse enligt förordning (EU) 2019/630.</SPAN></P>
<P class="p1183 ft164"><SPAN class="ft164">(35)</SPAN><SPAN class="ft183">Dessa övergångsbestämmelser bör i tillämpliga fall även kunna utnyttjas av de värdepappersföretag som avses i artikel 498 i förordning (EU) nr 575/2013, genom vilken dessa värdepappersföretag undantas från kapitalbaskraven</SPAN></P>
<P class="p1184 ft166"><SPAN class="ft166">i</SPAN><SPAN class="ft186">den förordningen, medan startkapitalkraven för dessa värdepappersföretag beror på deras investeringstjänster eller investeringsverksamhet. Under en femårsperiod från och med den dag då den här förordningen börjar tillämpas bör deras kapitalbaskrav enligt övergångsbestämmelserna i den här förordningen beräknas med hänsyn till dessa tillämpliga nivåer.</SPAN></P>
<P class="p1183 ft164"><SPAN class="ft164">(36)</SPAN><SPAN class="ft183">Under en femårsperiod från och med den dag då denna förordning börjar tillämpas eller till och med den dag då de antagna ändringarna av förordning (EU) nr 575/2013 och direktiv 2013/36/EU börjar tillämpas vad gäller kapitalbaskrav för marknadsrisk enligt del tre avdelning IV kapitlen 1a och 1b i förordning (EU) nr 575/2013, i dess ändrade lydelse enligt förordning (EU) 2019/876, beroende på vad som infaller senast, bör värdepappersföretag som omfattas av motsvarande bestämmelser i den här förordningen fortsätta att beräkna sitt kapitalbaskrav för handelslagret i enlighet med förordning (EU) nr 575/2013 i dess ändrade lydelse enligt förordning (EU) 2019/630.</SPAN></P>
<P class="p1167 ft164"><SPAN class="ft164">(37)</SPAN><SPAN class="ft183">De största värdepappersföretag som erbjuder viktiga tjänster på den institutionella marknaden och investmentbank marknaden (handel med finansiella instrument för egen räkning, garantiverksamhet för finansiella instrument eller placering av finansiella instrument på grundval av ett fast åtagande) har liknande affärsmodeller och riskprofiler som stora kreditinstitut. Deras verksamhet exponerar dem för kreditrisk, främst i form av motpartsrisk, liksom för marknadsrisk för positioner de tar för egen räkning på egna eller kunders vägnar. På grund av sin storlek och systemvikt utgör de därför en risk för den finansiella stabiliteten.</SPAN></P>
<P class="p1185 ft165">(<SPAN class="ft176">11</SPAN>) Europaparlamentets och rådets förordning (EU) 2019/630 av den 17 april 2019 om ändring av förordning (EU) nr 575/2013 vad gäller minsta förlusttäckning för nödlidande exponeringar (EUT L 111, 25.4.2019, s. 4).</P>
<P class="p1186 ft164">(<SPAN class="ft176">12</SPAN>) Europaparlamentets och rådets direktiv (EU) 2019/878 av den 20 maj 2019 om ändring av direktiv 2013/36/EU vad gäller undantagna enheter, finansiella holdingföretag, blandade finansiella holdingföretag, ersättning, tillsynsåtgärder och tillsynsbefo- genheter och kapitalbevarande åtgärder (EUT L 150, 7.6.2019, s. 253).</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">331</P>
</DIV>
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<DIV id="p332dimg1">
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<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td352"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td128"><P class="p18 ft164">L 314/9</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td355"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td356"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1154 ft164"><SPAN class="ft164">(38)</SPAN><SPAN class="ft182">För nationella behöriga myndigheter är det en ytterligare utmaning att säkerställa en effektiv tillsyn av sådana stora värdepappersföretag. Trots att de största värdepappersföretagen erbjuder gränsöverskridande investmentbank tjänster i betydande omfattning står de, i egenskap av värdepappersföretag, under tillsyn av myndigheter utsedda enligt direktiv 2014/65/EU, vilka inte nödvändigtvis är samma behöriga myndigheter som de som utses enligt direktiv 2013/36/EU. Detta kan resultera i en situation med olika villkor vid tillämpningen av bestämmelserna i förordning (EU) nr 575/2013 och direktiv 2013/36/EU och gör att tillsynsmyndigheterna inte får den helhetsbild av tillsynsläget som är nödvändig för en effektiv hantering av de risker som är förknippade med stora gränsöver skridande värdepappersföretag. Följden kan bli en mindre effektiv tillsyn och snedvridning av konkurrensen inom unionen. För att uppnå synergieffekter i tillsynen av gränsöverskridande verksamhet på den institutionella marknaden inom en grupp jämförbara aktörer, främja lika villkor och skapa förutsättningar för en enhetlig tillsyn mellan olika grupper bör de största värdepappersföretagen därför få status som kreditinstitut.</SPAN></P>
<P class="p1187 ft164"><SPAN class="ft164">(39)</SPAN><SPAN class="ft182">Genom att dessa värdepappersföretag ska räknas som kreditinstitut bör de därför fortsätta att omfattas av förordning (EU) nr 575/2013 och direktiv 2013/36/EU och stå under tillsyn av behöriga myndigheter, bland annat av Europeiska centralbanken inom ramen för den gemensamma tillsynsmekanismen, som ansvarar för kreditinstitut. Därmed säkerställs ett enhetligt och effektivt genomförande av tillsynen av kreditinstitut och att det enhetliga regelverket för finansiella tjänster tillämpas på samma sätt på alla kreditinstitut mot bakgrund av deras systemvikt. För att förhindra regelarbitrage och minska risken att bestämmelserna kringgås bör behöriga myndigheter försöka undvika situationer där potentiellt systemviktiga koncerner strukturerar sin verksamhet i syfte att inte överskrida tröskelvärdena i artikel 4.1.1 b i förordning (EU) nr 575/2013 och att kringgå skyldigheten att ansöka om auktorisation som kreditinstitut enligt artikel 8a i direktiv 2013/36/EU.</SPAN></P>
<P class="p1177 ft164"><SPAN class="ft164">(40)</SPAN><SPAN class="ft182">Stora värdepappersföretag omvandlade till kreditinstitut bör inte ha rätt att ta emot insättningar eller andra återbetalbara medel från allmänheten och bevilja krediter för egen räkning förrän de har erhållit auktorisation för dessa verksamheter i enlighet med direktiv 2013/36/EU. Att bedriva alla dessa verksamheter, inbegripet att ta emot insättningar eller andra återbetalbara medel från allmänheten och bevilja krediter för egen räkning, bör inte vara ett nödvändigt krav för att ett företag ska anses vara ett kreditinstitut. Den ändring av definitionen av kreditinstitut som införs i och med denna förordning bör därför inte påverka de nationella regelverk för auktorisation som genomförts av medlemsstaterna i enlighet med direktiven 2013/36/EU och (EU) 2019/2034, inbegripet eventuella bestämmelser som medlemsstaterna anser vara lämpliga för att förtydliga vilka verksamheter som får inledas av de stora värdepappersföretag som omfattas av den ändrade definitionen av kreditinstitut.</SPAN></P>
<P class="p1188 ft164"><SPAN class="ft164">(41)</SPAN><SPAN class="ft182">Ett av syftena med den gruppbaserade tillsynen av kreditinstitut är dessutom att säkerställa bland annat stabiliteten i det finansiella systemet och för att vara effektiv bör den omfatta alla koncerner, inbegripet dem där moderföretaget inte är kreditinstitut eller värdepappersföretag. Alla kreditinstitut, även de som tidigare haft status som värdepappersföretag, bör därför omfattas av reglerna om behöriga myndigheters tillsyn av moderföretaget på individuell nivå och gruppnivå enligt avdelning VII kapitel 3 avsnitt I i direktiv 2013/36/EU.</SPAN></P>
<P class="p1188 ft164"><SPAN class="ft164">(42)</SPAN><SPAN class="ft182">Vidare är det möjligt att stora värdepappersföretag som inte är systemviktiga men som handlar för egen räkning eller bedriver garantiverksamhet för finansiella instrument eller placerar finansiella instrument på grundval av ett fast åtagande har affärsmodeller och riskprofiler som liknar dem hos andra systemviktiga institut. Med tanke på deras storlek och verksamhet är det möjligt att sådana värdepappersföretag utgör vissa risker för den finansiella stabiliteten, och trots att en omvandling av dem till kreditinstitut inte anses lämplig med tanke på deras art och komplexitet bör de omfattas av samma tillsynsbehandling som kreditinstitut. För att förhindra regelarbitrage och minska risken att bestämmelserna kringgås bör behöriga myndigheter även försöka att undvika situationer där värdepappersföretag strukturerar sin verksamhet i syfte att inte överskrida tröskelvärdet 15 miljarder EUR avseende det totala värdet av tillgångarna på individuell nivå eller gruppnivå eller att i onödan begränsa sin rätt att tillämpa kraven i förordning (EU) nr 575/2013 och tillsynskraven i direktiv 2013/36/EU på dem i enlighet med artikel 5 i direktiv (EU) 2019/2034.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">332</P>
</DIV>
</DIV>
<DIV id="page_333">
<DIV id="p333dimg1">
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</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/10</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1189 ft164"><SPAN class="ft164">(43)</SPAN><SPAN class="ft183">Genom Europaparlamentets och rådets förordning (EU) nr 600/2014 (</SPAN><SPAN class="ft176">13</SPAN>) infördes en harmoniserad unionsordning för beviljande av tillträde till tredjelandsföretag som erbjuder godtagbara motparter och professionella kunder som är etablerade i unionen investeringstjänster eller investeringsverksamhet. Tillträde till den inre marknaden förutsätter att kommissionen antar ett beslut om likvärdighet och att Europeiska tillsynsmyndigheten (Europeiska</P>
<P class="p1190 ft164">värdepappers- och marknadsmyndigheten) inrättad genom Europaparlamentets och rådets förordning (EU) nr 1095/2010 (<SPAN class="ft176">14</SPAN>) (Esma) registrerar tredjelandsföretaget. Det är viktigt att likvärdigheten bedöms på grundval av relevant tillämplig unionsrätt och att det finns effektiva verktyg för att övervaka de villkor som ligger till grund för beslutet om likvärdighet. Registrerade tredjelandsföretag bör därför vara skyldiga att till Esma årligen rapportera uppgifter om omfattningen av och tillämpningsområdet för sina tjänster och sin verksamhet i unionen. Även tillsynsmyndigheternas samarbete när det gäller att övervaka och kontrollera att likvärdighetsvillkoren uppfylls bör förbättras.</P>
<P class="p1191 ft164"><SPAN class="ft164">(44)</SPAN><SPAN class="ft183">För att garantera lika villkor och främja transparensen på unionsmarknaden bör förordning (EU) nr 600/2014 ändras så att systematiska internhandlares bud, prisförbättringar och utförandepriser omfattas av reglerna för tick size när det handlas i alla storlekar. Följaktligen bör de nu gällande tekniska tillsynsstandarderna avseende reglerna för tick size också tillämpas på det utvidgade tillämpningsområdet i förordning (EU) nr 600/2014.</SPAN></P>
<P class="p1161 ft164"><SPAN class="ft164">(45)</SPAN><SPAN class="ft183">För att säkerställa investerarskydd och de finansiella marknadernas integritet och stabilitet i unionen bör kommissionen, när den antar ett beslut om likvärdighet, ta hänsyn till de potentiella risker som de tjänster och den verksamhet som företag från det berörda tredjelandet kan erbjuda i unionen till följd av beslutet kan ge upphov till. Deras systemvikt bör bedömas på grundval av kriterier såsom den sannolika omfattningen av och tillämpningsområdet för tjänster och verksamhet som erbjuds av företag från det berörda tredjelandet. Kommissionen bör i samma syfte kunna ta hänsyn till om det berörda tredjelandet betraktas som en icke- samarbetsvillig jurisdiktion på skatteområdet enligt det relevanta politikområdet i unionen eller som ett högrisktredjeland enligt artikel 9.2 i Europaparlamentets och rådets direktiv (EU) 2015/849 (</SPAN><SPAN class="ft176">15</SPAN>). Kommissionen bör anse att särskilda tillsynskrav, organisatoriska krav eller krav på marknadsuppförande är likvärdiga enbart om de har samma verkan. Vidare bör kommissionen, i lämpliga fall, kunna anta beslut om likvärdighet begränsade till särskilda tjänster eller verksamheter eller kategorier av tjänster och verksamheter som anges i avsnitt A i bilaga I till direktiv 2014/65/EU.</P>
<P class="p1192 ft164"><SPAN class="ft164">(46)</SPAN><SPAN class="ft183">EBA har tillsammans med Esma lagt fram en rapport baserad på noggranna bakgrundsanalyser, uppgiftsinsamling och samråd för att utforma en särskilt anpassad tillsynsordning för </SPAN><NOBR>icke-systemviktiga</NOBR> värdepappersföretag som ligger till grund för det reviderade tillsynsregelverket för värdepappersföretag.</P>
<P class="p1161 ft164"><SPAN class="ft164">(47)</SPAN><SPAN class="ft183">För att säkerställa en harmoniserad tillämpning av denna förordning bör EBA få i uppdrag att utarbeta förslag till tekniska tillsynsstandarder för att specificera omfattningen av och metoderna för konsolidering under tillsyn av värdepappersföretagskoncerner, beräkningen av fasta omkostnader, fastställande av </SPAN><NOBR>K-faktorerna,</NOBR> specificering av begreppet separerade konton med avseende på kunders pengar, justering av <NOBR>K-DTF-koefficienter</NOBR> vid stressade marknadsförhållanden, beräkningen för att fastställa kapitalbaskrav som motsvarar den totala marginalsäkerhet som krävs av clearingmedlemmar, mallarna för offentliggörande av information inbegripet vad gäller värdepappers företags investeringspolicy och lagstadgad rapportering enligt denna förordning samt vilken information som behöriga myndigheter ska tillhandahållas avseende tröskelvärdena för att kräva auktorisation som kreditinstitut. Kommissionen bör ges befogenhet att komplettera denna förordning genom att anta de tekniska tillsynsstandarder som EBA utarbetat genom delegerade akter enligt artikel 290 i <NOBR>EUF-fördraget</NOBR> och i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010. Kommissionen och EBA bör säkerställa att dessa tekniska tillsynsstandarder kan tillämpas av alla berörda värdepappersföretag på ett sätt som står i proportion till arten och omfattningen av dessa värdepappersföretag samt deras komplexitet och verksamheter.</P>
<P class="p1193 ft165">(<SPAN class="ft176">13</SPAN>) Europaparlamentets och rådets förordning (EU) nr 600/2014 av den 15 maj 2014 om marknader för finansiella instrument och om ändring av förordning (EU) nr 648/2012 (EUT L 173, 12.6.2014, s. 84).</P>
<P class="p1194 ft165">(<SPAN class="ft176">14</SPAN>) Europaparlamentets och rådets förordning (EU) nr 1095/2010 av den 24 november 2010 om inrättande av en europeisk tillsynsmyndighet (Europeiska värdepappers- och marknadsmyndigheten), om ändring av beslut nr 716/2009/EG och om upphävande av kommissionens beslut 2009/77/EG (EUT L 331, 15.12.2010, s. 84).</P>
<P class="p1186 ft164">(<SPAN class="ft176">15</SPAN>) Europaparlamentets och rådets direktiv (EU) 2015/849 av den 20 maj 2015 om åtgärder för att förhindra att det finansiella systemet används för penningtvätt eller finansiering av terrorism, om ändring av Europaparlamentets och rådets förordning (EU) nr 648/2012 och om upphävande av Europaparlamentets och rådets direktiv 2005/60/EG och kommissionens direktiv 2006/70/EG (EUT L 141, 5.6.2015, s. 73).</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">333</P>
</DIV>
</DIV>
<DIV id="page_334">
<DIV id="p334dimg1">
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</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/11</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1154 ft164"><SPAN class="ft164">(48)</SPAN><SPAN class="ft182">Kommissionen bör också ges befogenhet att anta de tekniska genomförandestandarder som utarbetats av EBA och Esma genom genomförandeakter enligt artikel 291 i </SPAN><NOBR>EUF-fördraget</NOBR> och i enlighet med artikel 15 i förordning (EU) nr 1093/2010 och artikel 15 i förordning (EU) nr 1095/2010.</P>
<P class="p1195 ft164"><SPAN class="ft164">(49)</SPAN><SPAN class="ft182">För att säkerställa en enhetlig tillämpning av denna förordning och för att ta hänsyn till utvecklingen på de finansiella marknaderna bör befogenheten att anta akter i enlighet med artikel 290 i </SPAN><NOBR>EUF-fördraget</NOBR> delegeras till kommissionen för att komplettera denna förordning genom att förtydliga definitionerna i denna förordning. Det är särskilt viktigt att kommissionen under sitt beredningsarbete genomför lämpliga samråd, inbegripet på expertnivå, och att dessa samråd genomförs i enlighet med principerna i det interinstitutionella avtalet av den 13 april 2016 om bättre lagstiftning (<SPAN class="ft176">16</SPAN>). För att säkerställa lika stor delaktighet i beredningen av delegerade akter får Europaparlamentet och rådet alla handlingar samtidigt som medlemsstaternas experter, och deras experter får systematiskt delta i möten i kommissionens expertgrupper som arbetar med beredningen av delegerade akter.</P>
<P class="p1196 ft166"><SPAN class="ft164">(50)</SPAN><SPAN class="ft187">För att säkerställa rättssäkerhet och undvika överlappningar mellan det nuvarande tillsynsregelverk som är</SPAN></P>
<P class="p1197 ft188">tillämpligt både på kreditinstitut och på värdepappersföretag och denna förordning, bör förordning (EU) nr 575/2013 och direktiv 2013/36/EU ändras i syfte att undanta värdepappersföretag från deras tillämpningsområde. Värdepappersföretag som ingår i en bankkoncern bör emellertid även fortsättningsvis omfattas av de bestämmelser i förordning (EU) nr 575/2013 och direktiv 2013/36/EU som är relevanta för bankkoncernen, till exempel de bestämmelser om intermediära moderföretag inom EU som avses i artikel 21b i direktiv 2013/36/EU och bestämmelserna om konsolidering under tillsyn i del ett avdelning II kapitel 2 i förordning (EU) nr 575/2013.</P>
<P class="p1195 ft164"><SPAN class="ft164">(51)</SPAN><SPAN class="ft182">Eftersom målet för denna förordning – nämligen att inrätta ett effektivt och proportionellt tillsynsregelverk för att säkerställa att värdepappersföretag som är auktoriserade att bedriva verksamhet inom unionen gör detta på stabila finansiella grunder och förvaltas på ett ordnat sätt, i relevanta fall i kundernas intressen – inte i tillräcklig utsträckning kan uppnås av medlemsstaterna utan snarare, på grund av dess omfattning och verkningar, kan uppnås bättre på unionsnivå, kan unionen vidta åtgärder i enlighet med subsidiaritetsprincipen i artikel 5 i fördraget om Europeiska unionen. I enlighet med proportionalitetsprincipen i samma artikel går denna förordning inte utöver vad som är nödvändigt för att uppnå detta mål.</SPAN></P>
<P class="p1198 ft164">HÄRIGENOM FÖRESKRIVS FÖLJANDE.</P>
<P class="p1199 ft169">DEL ETT</P>
<P class="p1200 ft171">ALLMÄNNA BESTÄMMELSER</P>
<P class="p1201 ft164">AVDELNING I</P>
<P class="p1202 ft172">SYFTE, TILLÄMPNINGSOMRÅDE OCH DEFINITIONER</P>
<P class="p1203 ft169">Artikel 1</P>
<P class="p1204 ft171">Syfte och tillämpningsområde</P>
<P class="p1205 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">I denna förordning fastställs enhetliga tillsynskrav som är tillämpliga på värdepappersföretag som är auktoriserade och står under tillsyn enligt direktiv 2014/65/EU och som står under tillsyn för kontroll av att de uppfyller tillsynskraven enligt direktiv (EU) 2019/2034 i fråga om följande:</SPAN></P>
<P class="p1206 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Kapitalbaskrav som avser mätbara, enhetliga och standardiserade delar av företagsrisk, kundrisk och marknadsrisk.</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Krav som begränsar koncentrationsrisken.</SPAN></P>
<P class="p1208 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Likviditetskrav som avser mätbara, enhetliga och standardiserade delar av likviditetsrisk.</SPAN></P>
<P class="p1209 ft164">(<SPAN class="ft176">16</SPAN>) EUT L 123, 12.5.2016, s. 1.</P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/12</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1210 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Rapporteringskrav i fråga om leden a, b och c.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Krav på offentliggörande av information.</SPAN></P>
<P class="p1212 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Genom undantag från punkt 1 ska ett värdepappersföretag som är auktoriserat och står under tillsyn enligt direktiv 2014/65/EU och som bedriver någon av de verksamheter som avses i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU tillämpa kraven i förordning (EU) nr 575/2013, om företaget inte är en råvaruhandlare och utsläppsrätts handlare, ett företag för kollektiva investeringar eller ett försäkringsföretag och något av följande villkor är tillämpligt:</SPAN></P>
<P class="p1213 ft166"><SPAN class="ft174">a)</SPAN><SPAN class="ft192">Det totala värdet av värdepappersföretagets konsoliderade tillgångar uppgår till eller överstiger 15 miljarder EUR, beräknat på genomsnittet av de tolv föregående sammanhängande månaderna och utan att räkna med värdet av de enskilda tillgångarna hos dotterföretag som är etablerade utanför unionen och som bedriver någon av de verksamheter som avses i detta stycke.</SPAN></P>
<P class="p1214 ft164"><SPAN class="ft174">b)</SPAN><SPAN class="ft193">Det totala värdet av värdepappersföretagets konsoliderade tillgångar understiger 15 miljarder EUR och värdepappers företaget ingår i en koncern där det totala värdet av de konsoliderade tillgångarna i alla de företag i koncernen som har enskilda totala tillgångar på mindre än 15 miljarder EUR och som bedriver någon av de verksamheter som avses i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU uppgår till eller överstiger 15 miljarder EUR, allt beräknat på genomsnittet av de tolv föregående sammanhängande månaderna, exklusive värdet av de enskilda tillgångarna hos dotterföretag som är etablerade utanför unionen och som bedriver någon av de verksamheter som avses i detta stycke.</SPAN></P>
<P class="p1215 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Värdepappersföretaget är föremål för ett beslut av den behöriga myndigheten i enlighet med artikel 5 i direktiv (EU) 2019/2034.</SPAN></P>
<P class="p1216 ft166">De värdepappersföretag som avses i denna punkt ska stå under tillsyn för kontroll av att de uppfyller tillsynskraven enligt avdelningarna VII och VIII i direktiv 2013/36/EU, inbegripet i syfte att utnämna den samordnande tillsynsmyndigheten i fall då sådana värdepappersföretag tillhör en värdepappersföretagskoncern enligt definitionen i artikel 4.1.25 i denna förordning.</P>
<P class="p1217 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Undantaget i punkt 2 är inte tillämpligt om ett värdepappersföretag inte längre uppfyller något av de tröskelvärden som fastställs i den punkten, beräknat över en sammanhängande tolvmånadersperiod, eller om en behörig myndighet beslutar det i enlighet med artikel 5 i direktiv (EU) 2019/2034. Värdepappersföretaget ska utan onödigt dröjsmål meddela den behöriga myndigheten om eventuella överskridanden av ett tröskelvärde under denna period.</SPAN></P>
<P class="p1218 ft166"><SPAN class="ft164">4.</SPAN><SPAN class="ft194">Värdepappersföretag som uppfyller de villkor som fastställs i punkt 2 ska fortsätta att omfattas av kraven i artiklarna</SPAN></P>
<P class="p1219 ft169"><SPAN class="ft164">55</SPAN><SPAN class="ft185">och 59.</SPAN></P>
<P class="p1220 ft166"><SPAN class="ft164">5.</SPAN><SPAN class="ft194">Genom undantag från punkt 1 får behöriga myndigheter tillåta ett värdepappersföretag som är auktoriserat och står under tillsyn enligt direktiv 2014/65/EU och som bedriver någon av de verksamheter som avses i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU att tillämpa kraven i förordning (EU) nr 575/2013, om alla följande villkor är uppfyllda:</SPAN></P>
<P class="p1221 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">Värdepappersföretaget är ett dotterföretag som omfattas av den gruppbaserade tillsynen av ett kreditinstitut, ett finansiellt holdingföretag eller ett blandat finansiellt holdingföretag i enlighet med bestämmelserna i del ett avdelning II kapitel 2 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1222 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">Värdepappersföretaget meddelar den behöriga myndigheten enligt denna förordning och den samordnande tillsynsmyn digheten, i tillämpliga fall.</SPAN></P>
<P class="p1223 ft166"><SPAN class="ft164">c)</SPAN><SPAN class="ft192">Den behöriga myndigheten är förvissad om att tillämpningen av kapitalbaskraven i förordning (EU) nr 575/2013 på individuell nivå för värdepappersföretaget och på gruppnivå för hela koncernen, beroende på vad som är lämpligt, är tillsynsmässigt sund, inte resulterar i en minskning av värdepappersföretagets kapitalbaskrav enligt denna förordning och inte används för regelarbitrage.</SPAN></P>
<P class="p1212 ft164">De behöriga myndigheterna ska informera värdepappersföretaget om ett beslut att tillåta tillämpning av förordning (EU) nr 575/2013 och direktiv 2013/36/EU enligt första stycket inom två månader från och med mottagandet av ett sådant meddelande som avses i första stycket b i denna punkt, och ska informera EBA om detta. Om en behörig myndighet vägrar att tillåta att förordning (EU) nr 575/2013 och direktiv 2013/36/EU tillämpas ska den lämna en fullständig motivering.</P>
<P class="p1224 ft166">De värdepappersföretag som avses i denna punkt ska stå under tillsyn för kontroll av att de uppfyller tillsynskraven enligt avdelningarna VII och VIII i direktiv 2013/36/EU, inbegripet i syfte att utnämna den samordnande tillsynsmyndigheten i fall då sådana värdepappersföretag tillhör en värdepappersföretagskoncern enligt definitionen i artikel 4.1.25 i den här förordningen.</P>
<P class="p1225 ft169">Vid tillämpningen av denna punkt ska artikel 7 i förordning (EU) nr 575/2013 inte tillämpas.</P>
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<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/13</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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<P class="p1226 ft169">Artikel 2</P>
<P class="p1227 ft171">Tillsynsbefogenheter</P>
<P class="p1228 ft169">För att säkerställa att denna förordning efterlevs ska de behöriga myndigheterna ha de befogenheter och följa de förfaranden som fastställs i direktiv (EU) 2019/2034.</P>
<P class="p1229 ft169">Artikel 3</P>
<P class="p1230 ft171">Värdepappersföretags tillämpning av striktare krav</P>
<P class="p1228 ft169">Denna förordning ska inte hindra värdepappersföretag från att ha en kapitalbas och dess komponenter och likvida tillgångar som överstiger kraven i denna förordning, eller tillämpa åtgärder som är striktare än dem som krävs enligt denna förordning.</P>
<P class="p1231 ft169">Artikel 4</P>
<P class="p1232 ft171">Definitioner</P>
<P class="p1143 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">I denna förordning gäller följande definitioner:</SPAN></P>
<P class="p1233 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft196">anknutet företag: ett företag vars huvudsakliga verksamhet består i att äga eller förvalta fast egendom, tillhandahålla datatjänster eller bedriva liknande verksamhet som har samband med ett eller flera värdepappersföretags huvudsakliga verksamhet.</SPAN></P>
<P class="p1206 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft196">kapitalförvaltningsbolag: ett kapitalförvaltningsbolag enligt definitionen i artikel 4.1.19 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1234 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft196">clearingmedlem: ett företag etablerat i en medlemsstat som motsvarar definitionen i artikel 2.14 i Europaparlamentets och rådets förordning (EU) nr 648/2012 (</SPAN><SPAN class="ft173">17</SPAN>).</P>
<P class="p1235 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft197">kund: en kund enligt definitionen i artikel 4.1.9 i direktiv 2014/65/EU; vid tillämpningen av del fyra i denna förordning avser dock kund varje motpart till värdepappersföretaget.</SPAN></P>
<P class="p1235 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft197">råvaruhandlare och utsläppsrättshandlare: råvaruhandlare och utsläppsrättshandlare enligt definitionen i artikel 4.1.150 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1236 ft169"><SPAN class="ft164">6.</SPAN><SPAN class="ft197">råvaruderivat: råvaruderivat enligt definitionen i artikel 2.1.30 i förordning (EU) nr 600/2014.</SPAN></P>
<P class="p1208 ft169"><SPAN class="ft164">7.</SPAN><SPAN class="ft197">behörig myndighet: en behörig myndighet enligt definitionen i artikel 3.1.5 i direktiv (EU) 2019/2034.</SPAN></P>
<P class="p1208 ft169"><SPAN class="ft164">8.</SPAN><SPAN class="ft197">kreditinstitut: ett kreditinstitut enligt definitionen i artikel 4.1.1 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1208 ft169"><SPAN class="ft164">9.</SPAN><SPAN class="ft197">handel för egen räkning: handel för egen räkning enligt definitionen i artikel 4.1.6 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1208 ft169"><SPAN class="ft164">10.</SPAN><SPAN class="ft190">derivat: derivat enligt definitionen i artikel 2.1.29 i förordning (EU) nr 600/2014.</SPAN></P>
<P class="p1237 ft164"><SPAN class="ft164">11.</SPAN><SPAN class="ft193">konsoliderad situation: situation som är resultatet av tillämpning av kraven i denna förordning i enlighet med artikel 7 på ett modervärdepappersföretag inom unionen, ett värdepappersinriktat moderholdingföretag inom unionen eller ett blandat finansiellt moderholdingföretag inom unionen som om det företaget tillsammans med alla värdepappersföretag, finansiella institut, anknutna företag och anknutna ombud i värdepappersföretagskoncernen utgjorde ett enda värdepappersföretag; vid tillämpningen av denna definition ska begreppen värdepappersföretag, finansiellt institut, anknutet företag och anknutet ombud även tillämpas på företag som är etablerade i tredjeländer om dessa, ifall de varit etablerade i unionen, skulle uppfylla definitionerna av dessa termer.</SPAN></P>
<P class="p1238 ft169"><SPAN class="ft164">12.</SPAN><SPAN class="ft190">på gruppnivå: på grundval av den konsoliderade situationen.</SPAN></P>
<P class="p1239 ft169"><SPAN class="ft164">13.</SPAN><SPAN class="ft190">utförande av order för kunds räkning: utförande av order för kunds räkning enligt definitionen i artikel 4.1.5 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1240 ft164">(<SPAN class="ft176">17</SPAN>) Europaparlamentets och rådets förordning (EU) nr 648/2012 av den 4 juli 2012 om OTC<SPAN class="ft184">‐</SPAN>derivat, centrala motparter och transaktionsregister (EGT L 201, 27.7.2012, s. 1).</P>
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<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/14</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1241 ft164"><SPAN class="ft164">14.</SPAN><SPAN class="ft198">finansiellt institut: ett företag som inte är ett kreditinstitut eller ett värdepappersföretag, och som inte är ett renodlat industriellt holdingföretag, vars huvudsakliga verksamhet består i att förvärva aktier eller andelar eller att bedriva en eller flera av de verksamheter som anges i punkterna </SPAN><NOBR>2–12</NOBR> och 15 i bilaga I till direktiv 2013/36/EU, inbegripet finansiella holdingföretag, blandade finansiella holdingföretag, värdepappersinriktade holdingföretag, betalnings institut i den mening som avses i Europaparlamentets och rådets direktiv (EU) 2015/2366 (<SPAN class="ft176">18</SPAN>) och kapitalförvalt ningsbolag, men inte försäkringsholdingföretag eller försäkringsholdingföretag med blandad verksamhet enligt definitionen i artikel 212.1 g i Europaparlamentets och rådets direktiv 2009/138/EG (<SPAN class="ft176">19</SPAN>).</P>
<P class="p1242 ft169"><SPAN class="ft164">15.</SPAN><SPAN class="ft191">finansiellt instrument: ett finansiellt instrument enligt definitionen i artikel 4.1.15 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1218 ft169"><SPAN class="ft164">16.</SPAN><SPAN class="ft191">finansiellt holdingföretag: ett finansiellt holdingföretag enligt definitionen i artikel 4.1.20 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1243 ft169"><SPAN class="ft164">17.</SPAN><SPAN class="ft191">enhet i den finansiella sektorn: en enhet i den finansiella sektorn enligt definitionen i artikel 4.1.27 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1244 ft169"><SPAN class="ft164">18.</SPAN><SPAN class="ft191">startkapital: startkapital enligt definitionen i artikel 3.1.18 i direktiv (EU) 2019/2034.</SPAN></P>
<P class="p1244 ft166"><SPAN class="ft164">19.</SPAN><SPAN class="ft199">grupp av kunder med inbördes anknytning: en grupp av kunder med inbördes anknytning enligt definitionen i artikel</SPAN></P>
<P class="p1245 ft169"><SPAN class="ft164">4.1.39</SPAN><SPAN class="ft200">i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1218 ft169"><SPAN class="ft164">20.</SPAN><SPAN class="ft191">investeringsrådgivning: investeringsrådgivning enligt definitionen i artikel 4.1.4 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1246 ft164"><SPAN class="ft164">21.</SPAN><SPAN class="ft198">kontinuerlig investeringsrådgivning: återkommande tillhandahållande av investeringsrådgivning samt fortlöpande eller regelbunden bedömning och övervakning eller översyn av en kunds portfölj med finansiella instrument, inbegripet av de investeringar som kunden gjort på grundval av ett avtalsmässigt arrangemang.</SPAN></P>
<P class="p1247 ft169"><SPAN class="ft164">22.</SPAN><SPAN class="ft191">värdepappersföretag: ett värdepappersföretag enligt definitionen i artikel 4.1.1 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1246 ft164"><SPAN class="ft164">23.</SPAN><SPAN class="ft198">värdepappersinriktat holdingföretag: ett finansiellt institut vars dotterföretag uteslutande eller huvudsakligen är värdepappersföretag eller finansiella institut, där minst ett av dotterföretagen är ett värdepappersföretag, och som inte är ett finansiellt holdingföretag enligt definitionen i artikel 4.1.20 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1248 ft164"><SPAN class="ft164">24.</SPAN><SPAN class="ft198">investeringstjänster och investeringsverksamhet: investeringstjänster och investeringsverksamhet enligt definitionen i artikel</SPAN></P>
<P class="p1245 ft169"><SPAN class="ft164">4.1.2</SPAN><SPAN class="ft185">i direktiv 2014/65/EU.</SPAN></P>
<P class="p1246 ft164"><SPAN class="ft164">25.</SPAN><SPAN class="ft198">värdepappersföretagskoncern: en företagskoncern som består av ett moderföretag och dess dotterföretag eller av företag som uppfyller kraven i artikel 22 i Europaparlamentets och rådets direktiv 2013/34/EU (</SPAN><SPAN class="ft176">20</SPAN>), varav minst ett är ett värdepappersföretag och varav inget är ett kreditinstitut.</P>
<P class="p1249 ft169"><SPAN class="ft164">26.</SPAN><NOBR><SPAN class="ft191">K-faktorer:</SPAN></NOBR> kapitalbaskrav som anges i del tre avdelning II för risker som ett värdepappersföretag utgör för kunder, marknader och sig självt.</P>
<P class="p1250 ft164"><SPAN class="ft164">27.</SPAN><SPAN class="ft198">förvaltade tillgångar eller AUM (assets under management): värdet av tillgångar som ett värdepappersföretag förvaltar för sina kunders räkning inom ramen för både diskretionär portföljförvaltning och </SPAN><NOBR>icke-diskretionära</NOBR> arrangemang som utgör kontinuerlig investeringsrådgivning.</P>
<P class="p1251 ft164"><SPAN class="ft164">28.</SPAN><SPAN class="ft198">innehav av kundmedel eller CMH (client money held): de kundmedel som ett värdepappersföretag innehar, med beaktande av de rättsliga arrangemangen för separation av tillgångar och oavsett vilket nationellt redovisningssystem som är tillämpligt på de kundmedel som värdepappersföretaget innehar.</SPAN></P>
<P class="p1251 ft164"><SPAN class="ft164">29.</SPAN><SPAN class="ft198">tillgångar under förvaring och administration eller ASA (assets safeguarded and administered): värdet av tillgångar som ett värdepappersföretag förvarar och administrerar för sina kunder, oavsett om tillgångarna redovisas i värdepappersfö retagets egen balansräkning eller finns på tredjepartskonton.</SPAN></P>
<P class="p1252 ft165">(<SPAN class="ft176">18</SPAN>) Europaparlamentets och rådets direktiv (EU) 2015/2366 av den 25 november 2015 om betaltjänster på den inre marknaden, om ändring av direktiven 2002/65/EG, 2009/110/EG och 2013/36/EU samt förordning (EU) nr 1093/2010 och om upphävande av direktiv 2007/64/EG (EUT L 337, 23.12.2015, s. 35).</P>
<P class="p1253 ft165">(<SPAN class="ft176">19</SPAN>) Europaparlamentets och rådets direktiv 2009/138/EG av den 25 november 2009 om upptagande och utövande av försäkrings- och återförsäkringsverksamhet (Solvens II) (EUT L 335, 17.12.2009, s. 1).</P>
<P class="p1186 ft164">(<SPAN class="ft176">20</SPAN>) Europaparlamentets och rådets direktiv 2013/34/EU av den 26 juni 2013 om årsbokslut, koncernredovisning och rapporter i vissa typer av företag, om ändring av Europaparlamentets och rådets direktiv 2006/43/EG och om upphävande av rådets direktiv 78/660/ EEG och 83/349/EEG (EUT L 182, 29.6.2013, s. 19).</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/15</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
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<P class="p1254 ft164"><SPAN class="ft164">30.</SPAN><SPAN class="ft193">hantering av kundorder eller COH (client orders handled): värdet av order som ett värdepappersföretag hanterar för kunder genom att ta emot och vidarebefordra kundorder samt genom att utföra order för kunders räkning.</SPAN></P>
<P class="p1255 ft164"><SPAN class="ft164">31.</SPAN><SPAN class="ft193">koncentrationsrisk eller CON (concentration risk): exponeringar i värdepappersföretagets handelslager mot en kund eller en grupp av kunder med inbördes anknytning vars värde överstiger gränsvärdena i artikel 37.1.</SPAN></P>
<P class="p1256 ft166"><SPAN class="ft164">32.</SPAN><SPAN class="ft192">ställd clearingmarginal eller CMG (clearing margin given): värdet av den totala marginalsäkerhet som krävs av en clearingmedlem eller en kvalificerad central motpart, om en clearingmedlem eller en kvalificerad central motpart ansvarar för utförande och avveckling av ett värdepappersföretags transaktioner där värdepappersföretaget handlar för egen räkning.</SPAN></P>
<P class="p1257 ft164"><SPAN class="ft164">33.</SPAN><SPAN class="ft193">daglig handelsaktivitet eller DTF (daily trading flow): det dagliga värdet av transaktioner som ett värdepappersföretag genomför genom att handla för egen räkning eller genom utförande av order för kunds räkning i eget namn, exklusive värdet av order som ett värdepappersföretag hanterar åt kunder genom mottagande och vidarebefordran av kundorder och genom utförande av order för kunds räkning vilka redan beaktas inom ramen för hantering av kundorder.</SPAN></P>
<P class="p1258 ft169"><SPAN class="ft164">34.</SPAN><SPAN class="ft190">nettopositionsrisk eller NPR (net position risk): värdet av transaktioner som redovisas i ett värdepappersföretags handelslager.</SPAN></P>
<P class="p1259 ft164"><SPAN class="ft164">35.</SPAN><SPAN class="ft193">motpartsrisk eller TCD (trading counterparty default risk): exponeringar i ett värdepappersföretags handelslager i sådana instrument och transaktioner som avses i artikel 25 och som ger upphov till risk för fallissemang hos motparten.</SPAN></P>
<P class="p1260 ft169"><SPAN class="ft164">36.</SPAN><SPAN class="ft190">aktuellt marknadsvärde eller CMV (current market value): nettomarknadsvärdet av portföljen av transaktioner eller värdepapperskomponenter som är föremål för nettning i enlighet med artikel 31, där både positiva och negativa marknadsvärden beaktas vid beräkningen av CMV.</SPAN></P>
<P class="p1261 ft169"><SPAN class="ft164">37.</SPAN><SPAN class="ft190">transaktioner med lång avvecklingscykel: transaktioner med lång avvecklingscykel enligt definitionen i artikel 272.2 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1262 ft169"><SPAN class="ft164">38.</SPAN><SPAN class="ft190">marginalutlåning: marginalutlåning enligt definitionen i artikel 3.10 i Europaparlamentets och rådets förordning (EU) 2015/2365 (</SPAN><SPAN class="ft173">21</SPAN>).</P>
<P class="p1263 ft169"><SPAN class="ft164">39.</SPAN><SPAN class="ft190">ledningsorgan: ett ledningsorgan enligt definitionen i artikel 4.1.36 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1264 ft169"><SPAN class="ft164">40.</SPAN><SPAN class="ft190">blandat finansiellt holdingföretag: ett blandat finansiellt holdingföretag enligt definitionen i artikel 2.15 i Europapar lamentets och rådets direktiv 2002/87/EG (</SPAN><SPAN class="ft173">22</SPAN>).</P>
<P class="p1263 ft169"><SPAN class="ft164">41.</SPAN><SPAN class="ft190">post utanför balansräkningen: en sådan post som avses i bilaga I till förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1142 ft169"><SPAN class="ft164">42.</SPAN><SPAN class="ft190">moderföretag: ett moderföretag i den mening som avses i artiklarna 2.9 och 22 i direktiv 2013/34/EU.</SPAN></P>
<P class="p1196 ft169"><SPAN class="ft164">43.</SPAN><SPAN class="ft190">ägarintresse: ägarintresse enligt definitionen i artikel 4.1.35 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1142 ft169"><SPAN class="ft164">44.</SPAN><SPAN class="ft190">vinst: vinst enligt definitionen i artikel 4.1.121 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1264 ft169"><SPAN class="ft164">45.</SPAN><SPAN class="ft190">kvalificerad central motpart: en kvalificerad central motpart enligt definitionen i artikel 4.1.88 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1263 ft169"><SPAN class="ft164">46.</SPAN><SPAN class="ft190">portföljförvaltning: portföljförvaltning enligt definitionen i artikel 4.1.8 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1142 ft169"><SPAN class="ft164">47.</SPAN><SPAN class="ft190">kvalificerat innehav: ett kvalificerat innehav enligt definitionen i artikel 4.1.36 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1265 ft202">(<SPAN class="ft201">21</SPAN>) Europaparlamentets och rådets förordning (EU) 2015/2365 av den 25 november 2015 om transparens i transaktioner för värdepappersfinansiering och om återanvändning samt om ändring av förordning (EU) nr 648/2012 (EUT L 337, 23.12.2015, s. 1).</P>
<P class="p1266 ft164">(<SPAN class="ft176">22</SPAN>) Europaparlamentets och rådets direktiv 2002/87/EG av den 16 december 2002 om extra tillsyn över kreditinstitut, försäkringsföretag och värdepappersföretag i ett finansiellt konglomerat och om ändring av rådets direktiv 73/239/EEG, 79/267/EEG, 92/49/EEG, 92/96/EEG, 93/6/EEG och 93/22/EEG samt Europaparlamentets och rådets direktiv 98/78/EG och 2000/12/EG (EUT L 35, 11.2.2003, s. 1).</P>
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<P class="p1147 ft2">Bilaga 1</P>
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<TD class="tr8 td80"><P class="p18 ft166">L 314/16</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<P class="p1267 ft169"><SPAN class="ft164">48.</SPAN><SPAN class="ft191">transaktion för värdepappersfinansiering: en transaktion för värdepappersfinansiering enligt definitionen i artikel 3.11 i förordning (EU) 2015/2365.</SPAN></P>
<P class="p1246 ft164"><SPAN class="ft164">49.</SPAN><SPAN class="ft198">separerade konton: vid tillämpningen av tabell 1 i artikel 15.2, konton med enheter där kundmedel som innehas av ett värdepappersföretag placeras i enlighet med artikel 4 i kommissionens delegerade direktiv (EU) 2017/593 (</SPAN><SPAN class="ft176">23</SPAN>) och, i tillämpliga fall, det föreskrivs i nationell rätt att kundmedlen, om värdepappersföretaget blir insolvent eller försätts i resolution eller ställs under förvaltarskap, inte får användas för att tillgodose andra fordringar i förhållande till värdepappersföretaget än kundens fordringar.</P>
<P class="p1242 ft169"><SPAN class="ft164">50.</SPAN><SPAN class="ft191">återköpstransaktion: en återköpstransaktion enligt definitionen i artikel 3.9 i förordning (EU) 2015/2365.</SPAN></P>
<P class="p1268 ft164"><SPAN class="ft164">51.</SPAN><SPAN class="ft198">dotterföretag: ett dotterföretag enligt definitionen i artikel 2.10 och i den mening som avses i artikel 22 i direktiv 2013/34/EU, inbegripet varje dotterföretag till ett dotterföretag till ett företag som är det yttersta moderföretaget.</SPAN></P>
<P class="p1242 ft169"><SPAN class="ft164">52.</SPAN><SPAN class="ft191">anknutet ombud: ett anknutet ombud enligt definitionen i artikel 4.1.29 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1269 ft164"><SPAN class="ft164">53.</SPAN><SPAN class="ft198">totala bruttointäkter: ett värdepappersföretags årliga rörelseintäkter i samband med värdepappersföretagets investerings tjänster och investeringsverksamhet som det är auktoriserat att tillhandahålla och bedriva, inklusive inkomster från ränteintäkter, från aktier och andra värdepapper med både rörlig och fast avkastning, från provisioner och avgifter, alla vinster och förluster som uppstår i samband med värdepappersföretagets handelstillgångar, i samband med innehav av värdepapper som är värderade till verkligt värde, eller från säkringsverksamhet, men exklusive alla inkomster som inte har anknytning till investeringstjänsterna och investeringsverksamheten.</SPAN></P>
<P class="p1270 ft164"><SPAN class="ft164">54.</SPAN><SPAN class="ft198">handelslager: alla positioner i finansiella instrument och råvaror som innehas av ett värdepappersföretag, antingen i avsikt att bedriva handel eller för att säkra positioner som innehas i avsikt att bedriva handel.</SPAN></P>
<P class="p1271 ft169"><SPAN class="ft164">55.</SPAN><SPAN class="ft191">positioner som innehas i avsikt att bedriva handel: endera av följande:</SPAN></P>
<P class="p1272 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">Egna positioner och positioner som härrör från verksamhet för kunders räkning och som marknadsgarant.</SPAN></P>
<P class="p1272 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">Positioner avsedda för försäljning på kort sikt.</SPAN></P>
<P class="p1273 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft203">Positioner med avsikt att dra nytta av faktiska eller förväntade kortsiktiga skillnader mellan inköps- och försäljningspris eller andra pris- eller räntevariationer.</SPAN></P>
<P class="p1274 ft164"><SPAN class="ft164">56.</SPAN><SPAN class="ft198">modervärdepappersföretag inom unionen: ett värdepappersföretag i en medlemsstat som ingår i en värdepappersföretag skoncern och som har ett värdepappersföretag eller ett finansiellt institut som dotterföretag, eller som har ett ägarintresse i ett sådant värdepappersföretag eller finansiellt institut, och som inte självt är ett dotterföretag till ett annat värdepappersföretag som auktoriserats i en medlemsstat, eller till ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i en medlemsstat.</SPAN></P>
<P class="p1275 ft169"><SPAN class="ft164">57.</SPAN><SPAN class="ft191">värdepappersinriktat moderholdingföretag inom unionen: ett värdepappersinriktat holdingföretag i en medlemsstat som inte självt är ett dotterföretag till ett värdepappersföretag som auktoriserats i en medlemsstat eller till ett annat värdepappersinriktat holdingföretag i en medlemsstat.</SPAN></P>
<P class="p1276 ft164"><SPAN class="ft164">58.</SPAN><SPAN class="ft198">blandat finansiellt moderholdingföretag inom unionen: moderföretag i en värdepappersföretagskoncern som är ett blandat finansiellt holdingföretag enligt definitionen i artikel 2.15 i direktiv 2002/87/EG.</SPAN></P>
<P class="p1277 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">Kommissionen ges befogenhet att anta delegerade akter i enlighet med artikel 56 för att komplettera denna förordning genom att förtydliga de definitioner som fastställs i punkt 1 för att</SPAN></P>
<P class="p1278 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">säkerställa en enhetlig tillämpning av denna förordning,</SPAN></P>
<P class="p1279 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">ta hänsyn till utvecklingen på de finansiella marknaderna för tillämpningen av denna förordning.</SPAN></P>
<P class="p1280 ft205">(<SPAN class="ft204">23</SPAN>) Kommissionens delegerade direktiv (EU) 2017/593 av den 7 april 2016 om komplettering av Europaparlamentets och rådets direktiv 2014/65/EU i fråga om skydd av finansiella instrument och medel som tillhör kunder, produktstyrningskrav och regler för tillhanda- hållande eller mottagande av avgifter, provisioner eller andra monetära eller icke- monetära förmåner (EUT L 87, 31.3.2017, s. 500).</P>
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<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/17</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
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<P class="p1281 ft164">AVDELNING II</P>
<P class="p1282 ft172">KRAVENS TILLÄMPNINGSNIVÅ</P>
<P class="p1283 ft164">KAPITEL 1</P>
<P class="p1284 ft171">Tillämpning av kraven på individuell nivå</P>
<P class="p1285 ft169">Artikel 5</P>
<P class="p1286 ft171">Allmän princip</P>
<P class="p1287 ft169">Värdepappersföretag ska uppfylla kraven i delarna <NOBR>två–sju</NOBR> på individuell nivå.</P>
<P class="p1285 ft169">Artikel 6</P>
<P class="p1288 ft171">Undantag</P>
<P class="p1289 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Behöriga myndigheter får undanta ett värdepappersföretag från tillämpningen av artikel 5 vad beträffar delarna två, tre, fyra, sex och sju om samtliga följande villkor är uppfyllda:</SPAN></P>
<P class="p1290 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Värdepappersföretaget uppfyller villkoren för att anses vara ett litet och icke</SPAN><SPAN class="ft206">‐</SPAN>sammanlänkat värdepappersföretag i artikel 12.1.</P>
<P class="p1206 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Ett av följande villkor är uppfyllt:</SPAN></P>
<P class="p1291 ft169"><SPAN class="ft169">i)</SPAN><SPAN class="ft203">Värdepappersföretaget är ett dotterföretag som omfattas av gruppbaserad tillsyn av ett kreditinstitut, ett finansiellt holdingföretag eller ett blandat finansiellt holdingföretag i enlighet med bestämmelserna i del ett avdelning II kapitel 2 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1292 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft191">Värdepappersföretaget är ett dotterföretag och ingår i en värdepappersföretagskoncern som är föremål för gruppbaserad tillsyn i enlighet med artikel 7.</SPAN></P>
<P class="p1293 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Värdepappersföretaget och dess moderföretag är båda föremål för auktorisation och tillsyn från en och samma medlemsstats sida.</SPAN></P>
<P class="p1294 ft164"><SPAN class="ft164">d)</SPAN><SPAN class="ft198">De myndigheter som är behöriga att utöva gruppbaserad tillsyn i enlighet med förordning (EU) nr 575/2013 eller i enlighet med artikel 7 i den här förordningen ger sitt medgivande till ett sådant undantag.</SPAN></P>
<P class="p1295 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Kapitalbasen är lämpligt fördelad mellan moderföretaget och värdepappersföretaget och samtliga följande villkor är uppfyllda:</SPAN></P>
<P class="p1296 ft169"><SPAN class="ft169">i)</SPAN><SPAN class="ft207">Det finns inte några rådande eller förutsebara väsentliga praktiska eller rättsliga hinder för att moderföretaget snabbt ska kunna överföra kapital eller återbetala skulder.</SPAN></P>
<P class="p1297 ft164"><SPAN class="ft164">ii)</SPAN><SPAN class="ft208">Moderföretaget förklarar, efter förhandsgodkännande från den behöriga myndigheten, att det garanterar värdepappersföretagets åtaganden eller att värdepappersföretaget endast löper försumbara risker.</SPAN></P>
<P class="p1298 ft169"><SPAN class="ft169">iii)</SPAN><SPAN class="ft191">Moderföretagets förfaranden för bedömning, mätning och kontroll av risker omfattar även värdepappersföretaget.</SPAN></P>
<P class="p1299 ft164"><SPAN class="ft164">iv)</SPAN><SPAN class="ft198">Moderföretaget innehar mer än 50 % av rösträtten knuten till aktier och andelar i värdepappersföretagets kapital eller har rätt att utse eller avsätta en majoritet av medlemmarna i värdepappersföretagets ledningsorgan.</SPAN></P>
<P class="p1300 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Behöriga myndigheter får undanta värdepappersföretag från tillämpningen av artikel 5 vad beträffar del sex om samtliga följande villkor är uppfyllda:</SPAN></P>
<P class="p1290 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Värdepappersföretaget uppfyller villkoren för att anses vara ett litet och icke</SPAN><SPAN class="ft206">‐</SPAN>sammanlänkat värdepappersföretag i artikel 12.1.</P>
<P class="p1293 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Värdepappersföretaget är ett dotterföretag som omfattas av gruppbaserad tillsyn av ett försäkrings- eller återförsäk ringsföretag i enlighet med artikel 228 i direktiv 2009/138/EG.</SPAN></P>
<P class="p1293 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Värdepappersföretaget och dess moderföretag är båda föremål för auktorisation och tillsyn från en och samma medlemsstats sida.</SPAN></P>
<P class="p1293 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft191">De myndigheter som är behöriga att utöva gruppbaserad tillsyn i enlighet med direktiv 2009/138/EG ger sitt medgivande till ett sådant undantag.</SPAN></P>
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<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/18</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
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<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1301 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Kapitalbasen är lämpligt fördelad mellan moderföretaget och värdepappersföretaget och samtliga följande villkor är uppfyllda:</SPAN></P>
<P class="p1302 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft197">Det finns inte några rådande eller förutsebara väsentliga praktiska eller rättsliga hinder för att moderföretaget snabbt ska kunna överföra kapital eller återbetala skulder.</SPAN></P>
<P class="p1303 ft164"><SPAN class="ft174">ii)</SPAN><SPAN class="ft209">Moderföretaget förklarar, efter förhandsgodkännande från den behöriga myndigheten, att det garanterar värdepappersföretagets åtaganden eller att värdepappersföretaget endast löper försumbara risker.</SPAN></P>
<P class="p1304 ft169"><SPAN class="ft169">iii)</SPAN><SPAN class="ft191">Moderföretagets förfaranden för bedömning, mätning och kontroll av risker omfattar även värdepappersföretaget.</SPAN></P>
<P class="p1305 ft164"><SPAN class="ft164">iv)</SPAN><SPAN class="ft193">Moderföretaget innehar mer än 50 % av rösträtten knuten till aktier och andelar i värdepappersföretagets kapital eller har rätt att utse eller avsätta en majoritet av medlemmarna i värdepappersföretagets ledningsorgan.</SPAN></P>
<P class="p1306 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Behöriga myndigheter får undanta värdepappersföretag från tillämpningen av artikel 5 vad beträffar del fem om samtliga följande villkor är uppfyllda:</SPAN></P>
<P class="p1307 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Värdepappersföretaget omfattas av gruppbaserad tillsyn i enlighet med del ett avdelning II kapitel 2 i förordning (EU) nr 575/2013 eller ingår i en värdepappersföretagskoncern på vilken artikel 7.3 i denna förordning är tillämplig och det undantag som föreskrivs i artikel 7.4 inte är tillämpligt.</SPAN></P>
<P class="p1308 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Moderföretaget, på gruppnivå, övervakar och utövar kontinuerlig tillsyn över likviditetspositionerna i alla institut och värdepappersföretag i gruppen eller undergruppen som omfattas av ett undantag och säkerställer en tillräcklig likviditetsnivå för alla dessa institut och värdepappersföretag.</SPAN></P>
<P class="p1308 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Moderföretaget och värdepappersföretaget har ingått avtal som av de behöriga myndigheterna bedöms medge fri överföring av medel mellan moderföretaget och värdepappersföretaget så att de kan uppfylla sina individuella skyldigheter och gemensamma skyldigheter när de uppkommer.</SPAN></P>
<P class="p1309 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Det finns inga rådande eller förutsebara väsentliga, praktiska eller rättsliga hinder mot att de avtal som åsyftas i led c fullgörs.</SPAN></P>
<P class="p1310 ft164"><SPAN class="ft174">e)</SPAN><SPAN class="ft193">De myndigheter som är behöriga att utöva gruppbaserad tillsyn i enlighet med förordning (EU) nr 575/2013 eller i enlighet med artikel 7 i den här förordningen ger sitt medgivande till ett sådant undantag.</SPAN></P>
<P class="p1311 ft164">KAPITEL 2</P>
<P class="p1312 ft171">Konsolidering under tillsyn och undantag för en värdepappersföretagskoncern</P>
<P class="p1313 ft169">Artikel 7</P>
<P class="p1314 ft171">Konsolidering under tillsyn</P>
<P class="p1315 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft175">Modervärdepappersföretag inom unionen, värdepappersinriktade moderholdingföretag inom unionen och blandade finansiella moderholdingföretag inom unionen ska uppfylla kraven i delarna två, tre, fyra, sex och sju på grundval av sin konsoliderade situation. Moderföretaget och de av dess dotterföretag som omfattas av denna förordning ska inrätta en lämplig organisationsstruktur och lämpliga interna kontrollmekanismer för att säkerställa att de data som krävs för konsolidering behandlas och översänds på vederbörligt sätt. Moderföretaget ska i synnerhet säkerställa att dotterföretag som inte omfattas av denna förordning inför arrangemang, processer och rutiner som säkerställer en korrekt konsolidering.</SPAN></P>
<P class="p1306 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">När del två tillämpas på gruppnivå ska, vid tillämpning av punkt 1 i denna artikel, de regler som fastställs i del två avdelning II i förordning (EU) nr 575/2013 även tillämpas på värdepappersföretag.</SPAN></P>
<P class="p1316 ft169">När bestämmelserna i artiklarna 84.1, 85.1 och 87.1 i förordning (EU) nr 575/2013 tillämpas ska därför endast hänvisningarna till artikel 92.1 i förordning (EU) nr 575/2013 gälla, och följaktligen läsas som hänvisningar till kapitalbaskraven i motsvarande bestämmelser i den här förordningen.</P>
<P class="p1317 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Modervärdepappersföretag inom unionen, värdepappersinriktade moderholdingföretag inom unionen och blandade finansiella moderholdingföretag inom unionen ska fullgöra skyldigheterna i del fem på grundval av sin konsoliderade situation.</SPAN></P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
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<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/19</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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<P class="p1318 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft181">Genom undantag från punkt 3 får behöriga myndigheter undanta moderföretaget från efterlevnad av den punkten, med beaktande av arten och omfattningen av värdepappersföretagskoncernen samt dess komplexitet.</SPAN></P>
<P class="p1319 ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft181">EBA ska utarbeta ett förslag till tekniska tillsynsstandarder för att specificera omfattningen av och metoderna för konsolidering under tillsyn av en värdepappersföretagskoncern, i synnerhet i syfte att beräkna kravet baserat på fasta omkostnader, det permanenta minimikapitalkravet, </SPAN><NOBR>K-faktorkravet</NOBR> på grundval av den konsoliderade situationen för värdepappersföretagskoncernen samt metoden och de nödvändiga uppgifterna för ett korrekt genomförande av punkt 2.</P>
<P class="p1320 ft169">EBA ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 december 2020.</P>
<P class="p1321 ft164">Kommissionen ges befogenhet att komplettera denna förordning genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
<P class="p1322 ft169">Artikel 8</P>
<P class="p1323 ft171">Gruppkapitaltest</P>
<P class="p1324 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Genom undantag från artikel 7 får behöriga myndigheter tillåta att den här artikeln tillämpas på gruppstrukturer som anses vara tillräckligt enkla, förutsatt att det inte föreligger några betydande risker för kunder eller för marknaden som härrör från värdepappersföretagskoncernen som helhet och som annars skulle kräva gruppbaserad tillsyn. De behöriga myndigheterna ska underrätta EBA när de tillåter att den här artikeln tillämpas.</SPAN></P>
<P class="p1320 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Vid tillämpning av den här artikeln ska följande gälla:</SPAN></P>
<P class="p1295 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Med kapitalbasinstrument avses kapitalbas enligt definitionen i artikel 9 i denna förordning utan tillämpning av de avdrag som avses i artiklarna 36.1 i, 56 d och 66 d i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1325 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Begreppen värdepappersföretag, finansiellt institut, anknutet företag och anknutet ombud ska även tillämpas på företag som är etablerade i tredjeländer om dessa, ifall de varit etablerade i unionen, skulle uppfylla definitionerna av dessa termer i artikel 4.</SPAN></P>
<P class="p1326 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft181">Modervärdepappersföretag inom unionen, värdepappersinriktade moderholdingföretag inom unionen, blandade finansiella moderholdingföretag inom unionen och alla andra moderföretag som är värdepappersföretag, finansiella institut, anknutna företag eller anknutna ombud i värdepappersföretagskoncernen ska ha åtminstone kapitalbasinstrument som är tillräckliga för att täcka summan av följande:</SPAN></P>
<P class="p1327 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Det fullständiga bokförda värdet av alla dess innehav, efterställda fordringar och instrument som avses i artiklarna 36.1 i, 56 d och 66 d i förordning (EU) nr 575/2013 i värdepappersföretag, finansiella institut, anknutna företag och anknutna ombud i värdepappersföretagskoncernen.</SPAN></P>
<P class="p1328 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Det totala beloppet av alla dess eventualförpliktelser till förmån för värdepappersföretag, finansiella institut, anknutna företag och anknutna ombud i värdepappersföretagskoncernen.</SPAN></P>
<P class="p1329 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft181">De behöriga myndigheterna får tillåta att ett värdepappersinriktat moderholdingföretag inom unionen eller ett blandat finansiellt moderholdingföretag inom unionen och varje annat moderföretag som är ett värdepappersföretag, ett finansiellt institut, ett anknutet företag eller ett anknutet ombud i värdepappersföretagskoncernen har en lägre kapitalbas än det belopp som beräknats enligt punkt 3, förutsatt att detta belopp inte är lägre än summan av kapitalbaskraven på individuell nivå för dess dotterföretag som är värdepappersföretag, finansiella institut, anknutna företag och anknutna ombud och det totala beloppet av eventualförpliktelser till förmån för dessa enheter.</SPAN></P>
<P class="p1319 ft164">Vid tillämpningen av denna punkt ska kapitalbaskraven för sådana dotterföretag som avses i första stycket och som är belägna i tredjeländer vara teoretiska kapitalbaskrav som säkerställer en tillfredsställande försiktighetsnivå för att täcka de risker som härrör från dessa dotterföretag, såsom de godkänts av de relevanta behöriga myndigheterna.</P>
<P class="p1319 ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft181">Modervärdepappersföretag inom unionen, värdepappersinriktade moderholdingföretag inom unionen och blandade finansiella moderholdingföretag inom unionen ska ha system för att övervaka och kontrollera källor till kapital och finansiering för alla värdepappersföretag, värdepappersinriktade holdingföretag, blandade finansiella holdingföretag, finansiella institut, anknutna företag och anknutna ombud i värdepappersföretagskoncernen.</SPAN></P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/20</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
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<P class="p1330 ft169">DEL TVÅ</P>
<P class="p1331 ft171">KAPITALBAS</P>
<P class="p1332 ft169">Artikel 9</P>
<P class="p1333 ft171">Kapitalbasens sammansättning</P>
<P class="p1334 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Värdepappersföretag ska ha en kapitalbas som består av summan av dess kärnprimärkapital, övrigt primärkapital för kapitaltäckningsändamål och supplementärkapital, och de ska vid varje given tidpunkt uppfylla samtliga nedanstående villkor:</SPAN></P>
<P class="p1335 ft166">a)</P>
<P class="p1336 ft169">,</P>
</DIV>
<DIV id="id_2">
<DIV id="id_2_1">
<P class="p14 ft169">b)</P>
<P class="p330 ft169">c)</P>
</DIV>
<DIV id="id_2_2">
<P class="p14 ft169">,</P>
<P class="p1337 ft169">,</P>
</DIV>
</DIV>
<DIV id="id_3">
<P class="p14 ft169">där</P>
<P class="p1338 ft166"><SPAN class="ft174">i)</SPAN><SPAN class="ft210">kärnprimärkapital definieras i enlighet med del två avdelning I kapitel 2 i förordning (EU) nr 575/2013, övrigt primärkapital för kapitaltäckningsändamål definieras i enlighet med del två avdelning I kapitel 3 i förordning (EU) nr 575/2013 och supplementärkapital definieras i enlighet med del två avdelning I kapitel 4 i förordning (EU) nr 575/2013, och</SPAN></P>
<P class="p586 ft169"><SPAN class="ft174">ii)</SPAN><SPAN class="ft190">D definieras i artikel 11.</SPAN></P>
<P class="p814 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Genom undantag från punkt 1 gäller följande:</SPAN></P>
<P class="p1339 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">De avdrag som avses i artikel 36.1 c i förordning (EU) nr 575/2013 ska tillämpas i full omfattning, utan tillämpning av artiklarna 39 och 48 i den förordningen.</SPAN></P>
<P class="p1340 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">De avdrag som avses i artikel 36.1 e i förordning (EU) nr 575/2013 ska tillämpas i full omfattning, utan tillämpning av artikel 41 i den förordningen.</SPAN></P>
<P class="p1341 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">De avdrag som avses i artiklarna 36.1 h, 56 c och 66 c i förordning (EU) nr 575/2013 ska, i den mån de avser innehav av kapitalinstrument som inte innehas i handelslagret, tillämpas i full omfattning, utan tillämpning av de mekanismer som föreskrivs i artiklarna 46, 60 och 70 i den förordningen.</SPAN></P>
<P class="p1342 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">De avdrag som avses i artikel 36.1 i) i förordning (EU) nr 575/2013 ska tillämpas i full omfattning, utan tillämpning av artikel 48 i den förordningen.</SPAN></P>
<P class="p563 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Följande villkor ska inte tillämpas vid beräkningen av värdepappersföretagens kapitalbas:</SPAN></P>
<P class="p1343 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft197">Artikel 49 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1344 ft169"><SPAN class="ft174">ii)</SPAN><SPAN class="ft211">De avdrag som avses i artiklarna 36.1 h, 56 c och 66 c i förordning (EU) nr 575/2013 och relaterade bestämmelser i artiklarna 46, 60 och 70 i den förordningen, i den mån dessa avdrag avser innehav av kapitalinstrument som innehas i handelslagret.</SPAN></P>
<P class="p1345 ft164"><SPAN class="ft164">iii)</SPAN><SPAN class="ft198">Den utlösande händelse som avses i artikel 54.1 a i förordning (EU) nr 575/2013; den utlösande händelsen ska i stället fastställas av värdepappersföretaget i villkoren för det primärkapitaltillskott som avses i punkt 1.</SPAN></P>
<P class="p1346 ft164"><SPAN class="ft164">iv)</SPAN><SPAN class="ft193">Det totala belopp som avses i artikel 54.4 a i förordning (EU) nr 575/2013; det belopp som ska skrivas ned eller konverteras ska vara hela kapitalbeloppet för det primärkapitaltillskott som avses i punkt 1.</SPAN></P>
<P class="p1347 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Värdepappersföretag ska tillämpa de relevanta bestämmelserna i del två avdelning I kapitel 6 i förordning (EU) nr 575/2013 när de beräknar kapitalbaskraven enligt denna förordning. Vid tillämpning av de bestämmelserna ska tillståndet från tillsynsmyndigheten i enlighet med artiklarna 77 och 78 i förordning (EU) nr 575/2013 anses beviljat om ett av villkoren i artikel 78.1 a eller 78.4 i den förordningen är uppfyllt.</SPAN></P>
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<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/21</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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<P class="p1348 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft181">Vid tillämpning av punkt 1 a får de behöriga myndigheterna för värdepappersföretag som inte är juridiska personer eller aktiebolag eller som uppfyller villkoren för att anses vara ett litet och </SPAN><NOBR>icke-sammanlänkat</NOBR> värdepappersföretag i artikel 12.1 i denna förordning efter samråd med EBA tillåta att ytterligare instrument eller medel räknas som kapitalbas för dessa värdepappersföretag, förutsatt att dessa instrument eller medel också omfattas av behandlingen enligt artikel 22 i rådets direktiv 86/635/EEG (<SPAN class="ft176">24</SPAN>). EBA ska, tillsammans med Esma och på grundval av information som erhållits från varje behörig myndighet, upprätta, uppdatera och offentliggöra en förteckning över samtliga former av instrument eller medel i</P>
<P class="p1349 ft169">varje medlemsstat som räknas som sådan kapitalbas. Förteckningen ska offentliggöras första gången senast den 26 december 2020.</P>
<P class="p1350 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft189">Innehav av kapitalbasinstrument i en enhet i den finansiella sektorn inom en värdepappersföretagskoncern ska inte dras av i syfte att beräkna kapitalbas för något värdepappersföretag i koncernen på individuell basis, förutsatt att samtliga följande villkor är uppfyllda:</SPAN></P>
<P class="p1295 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Det finns inte några rådande eller förutsebara väsentliga praktiska eller rättsliga hinder för att moderföretaget snabbt ska kunna överföra kapital eller återbetala skulder.</SPAN></P>
<P class="p1351 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Moderföretagets förfaranden för bedömning, mätning och kontroll av risker omfattar även enheten i den finansiella sektorn.</SPAN></P>
<P class="p1352 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Det undantag som föreskrivs i artikel 8 används inte av de behöriga myndigheterna.</SPAN></P>
<P class="p1353 ft169">Artikel 10</P>
<P class="p1354 ft171">Kvalificerade innehav utanför den finansiella sektorn</P>
<P class="p1318 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Vid tillämpningen av denna del ska värdepappersföretag dra av belopp som överstiger de gränsvärden som anges i leden a och b när de fastställer de kärnprimärkapitalposter som avses i artikel 26 i förordning (EU) nr 575/2013:</SPAN></P>
<P class="p1355 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Ett kvalificerat innehav vars värde överstiger 15 % av värdepappersföretagets kapitalbas beräknad i enlighet med artikel 9 i denna förordning men utan tillämpning av det avdrag som avses i artikel 36.1 k i) i förordning (EU) nr 575/2013 i ett företag som inte är en enhet i den finansiella sektorn.</SPAN></P>
<P class="p1356 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Det sammanlagda värdet av ett värdepappersföretags kvalificerade innehav i företag som inte är enheter i den finansiella sektorn och som överstiger 60 % av dess kapitalbas beräknad i enlighet med artikel 9 i denna förordning men utan tillämpning av det avdrag som avses i artikel 36.1 k i) i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1357 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft181">De behöriga myndigheterna får förbjuda värdepappersföretag att ha de kvalificerade innehav som avses i punkt 1 om dessa innehav överstiger den procentandel av kapitalbasen som anges i den punkten. De behöriga myndigheterna ska utan dröjsmål offentliggöra sitt beslut att utöva denna befogenhet.</SPAN></P>
<P class="p1358 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft189">Aktier i andra företag än enheter i den finansiella sektorn ska inte beaktas i beräkningen enligt punkt 1 om något av följande villkor är uppfyllt:</SPAN></P>
<P class="p1238 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Aktierna innehas tillfälligt under en finansiell biståndsinsats enligt artikel 79 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1209 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Innehavet av aktierna är en garanterad position som innehas i högst fem arbetsdagar.</SPAN></P>
<P class="p1287 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Aktierna innehas i värdepappersföretagets egna namn och för andras räkning.</SPAN></P>
<P class="p1359 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft189">Aktier och andelar som inte utgör finansiella anläggningstillgångar enligt artikel 35.2 i direktiv 86/635/EEG ska inte ingå i den beräkning som anges i punkt 1 i den här artikeln.</SPAN></P>
<P class="p1240 ft164">(<SPAN class="ft176">24</SPAN>) Rådets direktiv 86/635/EEG av dem 8 december 1986 om årsbokslut och sammanställd redovisning för banker och andra finansiella institut (EGT L 372, 31.12.1986, s. 1).</P>
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<P class="p1147 ft2">Bilaga 1</P>
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<TD class="tr8 td80"><P class="p18 ft166">L 314/22</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
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<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
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<P class="p1330 ft169">DEL TRE</P>
<P class="p1360 ft171">KAPITALKRAV</P>
<P class="p1361 ft164">AVDELNING I</P>
<P class="p1362 ft172">ALLMÄNNA KRAV</P>
<P class="p1363 ft169">Artikel 11</P>
<P class="p1364 ft171">Kapitalbaskrav</P>
<P class="p1365 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Värdepappersföretag ska alltid ha en kapitalbas i enlighet med artikel 9 som uppgår till minst D, där D definieras som det högsta av följande:</SPAN></P>
<P class="p1366 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Kravet baserat på fasta omkostnader beräknat i enlighet med artikel 13.</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Det permanenta minimikapitalkravet i enlighet med artikel 14.</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft174">c)</SPAN><NOBR><SPAN class="ft190">K-faktorkravet</SPAN></NOBR> beräknat i enlighet med artikel 15.</P>
<P class="p1368 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Genom undantag från punkt 1 ska D, när ett värdepappersföretag uppfyller villkoren för att anses vara ett litet och </SPAN><NOBR>icke-sammanlänkat</NOBR> värdepappersföretag i artikel 12.1, definieras som det högsta av de belopp som anges i punkt 1 a och b.</P>
<P class="p1369 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Om behöriga myndigheter anser att ett värdepappersföretags affärsverksamhet har ändrats väsentligt får de kräva att värdepappersföretaget ska underställas ett annat kapitalbaskrav i denna artikel, i enlighet med avdelning IV kapitel 2 avsnitt 4 i direktiv (EU) 2019/2034.</SPAN></P>
<P class="p1370 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft195">Ett värdepappersföretag ska underrätta den behöriga myndigheten så snart det upptäcker att det inte längre uppfyller eller inte längre kommer att uppfylla kraven i denna artikel.</SPAN></P>
<P class="p1371 ft169">Artikel 12</P>
<P class="p1372 ft171">Små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag</P>
<P class="p1365 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Ett värdepappersföretag ska vid tillämpningen av denna förordning anses vara ett litet och </SPAN><NOBR>icke-sammanlänkat</NOBR> värdepappersföretag om det uppfyller samtliga följande villkor:</P>
<P class="p1366 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">AUM fastställt i enlighet med artikel 17 understiger 1,2 miljarder EUR.</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">COH fastställt i enlighet med artikel 20 understiger antingen</SPAN></P>
<P class="p1373 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft211">100 miljoner EUR/dag för kontanttransaktioner, eller</SPAN></P>
<P class="p1373 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft191">1 miljard EUR/dag för derivat.</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">ASA fastställt i enlighet med artikel 19 är noll.</SPAN></P>
<P class="p1374 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">CMH fastställt i enlighet med artikel 18 är noll.</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">DTF fastställt i enlighet med artikel 33 är noll.</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft174">f)</SPAN><SPAN class="ft211">NPR fastställt eller CMG i enlighet med artiklarna 22 och 23 är noll.</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft174">g)</SPAN><SPAN class="ft190">TCD fastställt i enlighet med artikel 26 är noll.</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft164">h)</SPAN><SPAN class="ft191">Värdepappersföretagets balansomslutning i och utanför balansräkningen understiger 100 miljoner EUR.</SPAN></P>
<P class="p1307 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft211">Värdepappersföretagets totala årliga bruttointäkter från investeringstjänster och investeringsverksamhet understiger 30 miljoner EUR beräknat som ett genomsnitt på grundval av årliga belopp från den tvåårsperiod som omedelbart föregick det givna räkenskapsåret.</SPAN></P>
<P class="p1370 ft169">Vid tillämpningen av första stycket a, b, c, e, f, i den mån det ledet avser NPR, och g ska, genom undantag från bestämmelserna i avdelning II, värden vid dagens slut tillämpas.</P>
<P class="p1375 ft169">Vid tillämpningen av första stycket f ska, i den mån det ledet avser CMG, intradagsvärden tillämpas.</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
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<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/23</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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<P class="p1357 ft164">Vid tillämpningen av första stycket d i denna punkt och utan att det påverkar tillämpningen av artikel 16.9 i direktiv 2014/65/EU och artiklarna 2 och 4 i delegerat direktiv (EU) 2017/593 ska intradagsvärden tillämpas, utom när det skett ett fel i bokföring eller vid kontoavstämning som felaktigt angett att ett värdepappersföretag överskridit det tröskelvärde noll som avses i första stycket d i denna punkt och som lösts före bankdagens slut. Värdepappersföretaget ska till den behöriga myndigheten utan dröjsmål meddela felet, orsakerna till att det uppstod och dess korrigering.</P>
<P class="p1319 ft164">Vid tillämpningen av första stycket h och i ska de nivåer vid slutet av det senaste räkenskapsåret för vilka räkenskaperna har avslutats och godkänts av ledningsorganet tillämpas. Om räkenskaperna inte har avslutats och godkänts sex månader från och med det att det senaste räkenskapsåret löpt ut ska ett värdepappersföretag använda preliminära räkenskaper.</P>
<P class="p1319 ft164">Värdepappersföretag får mäta värdena enligt första stycket a och b genom att använda de metoder som anges i avdelning II, förutom att mätningarna ska göras under tolv månader och inkludera de tre närmast föregående månadsvärdena. Värdepappersföretag som väljer denna mätmetod ska underrätta den behöriga myndigheten om detta och tillämpa den valda metoden under en sammanhängande period på minst tolv månader.</P>
<P class="p1324 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft181">Villkoren i punkt 1 a, b, h och i ska tillämpas sammantaget på alla värdepappersföretag som ingår i en koncern. Vid mätning av den totala årliga bruttointäkt som avses i punkt 1 i får de värdepappersföretagen utesluta eventuell dubbelräkning som kan uppstå i fråga om de totala bruttointäkter som genereras inom koncernen.</SPAN></P>
<P class="p1320 ft169">Villkoren i punkt 1 <NOBR>c–g</NOBR> ska tillämpas på varje värdepappersföretag på individuell nivå.</P>
<P class="p1376 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Om ett värdepappersföretag inte längre uppfyller samtliga villkor i punkt 1 ska det omedelbart upphöra att anses vara ett litet och </SPAN><NOBR>icke-sammanlänkat</NOBR> värdepappersföretag.</P>
<P class="p1377 ft164">Genom undantag från första stycket ska ett värdepappersföretag, om det inte längre uppfyller villkoren i punkt 1 a, b, h eller i men fortfarande uppfyller villkoren i punkt 1 <NOBR>c–g,</NOBR> upphöra att anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersföretag efter en period på tre månader räknat från och med den dag tröskelvärdet överskreds. Värdepappers företaget ska utan onödigt dröjsmål underrätta den behöriga myndigheten om ett tröskelvärde överskrids.</P>
<P class="p1378 ft166"><SPAN class="ft164">4.</SPAN><SPAN class="ft194">Om ett värdepappersföretag som inte har uppfyllt samtliga villkor i punkt 1 senare uppfyller dem ska det först efter en period på sex månader från och med den dag då villkoren uppfylldes anses vara ett litet och </SPAN><NOBR>icke-sammanlänkat</NOBR> värdepappersföretag, förutsatt att ingen tröskel överskridits under den perioden och värdepappersföretaget utan dröjsmål har underrättat den behöriga myndigheten om detta.</P>
<P class="p1379 ft169">Artikel 13</P>
<P class="p1380 ft171">Krav baserat på fasta omkostnader</P>
<P class="p1228 ft166"><SPAN class="ft164">1.</SPAN><SPAN class="ft212">Vid tillämpningen av artikel 11.1 a ska kravet baserat på fasta omkostnader uppgå till minst en fjärdedel av de fasta omkostnaderna under det föregående året. Värdepappersföretag ska använda siffror som beräknats enligt tillämpliga redovisningsramar.</SPAN></P>
<P class="p1381 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">Om den behöriga myndigheten anser att ett värdepappersföretags verksamhet har ändrats väsentligt får den justera det kapitalbelopp som avses i punkt 1.</SPAN></P>
<P class="p1329 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Om ett värdepappersföretag inte har bedrivit sin affärsverksamhet under ett år från och med den dag då det började tillhandahålla investeringstjänster eller bedriva investeringsverksamhet ska det, för den beräkning som avses i punkt 1, använda de förväntade fasta omkostnader som ingår i dess prognoser för de första tolv månadernas handel och som lämnades in vid dess ansökan om auktorisation.</SPAN></P>
<P class="p1382 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft195">EBA ska, i samråd med Esma, utarbeta förslag till tekniska tillsynsstandarder för att komplettera beräkningen av det krav som avses i punkt 1 som innefattar minst följande avdragsposter:</SPAN></P>
<P class="p1383 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft211">Bonus till personalen och annan ersättning, om dessa är beroende av värdepappersföretagets nettovinst för respektive år.</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft203">Anställdas, styrelseledamöters och delägares vinstandelar.</SPAN></P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/24</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1210 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft211">Annan vinstdisposition och annan rörlig ersättning om dessa är fullständigt diskretionära.</SPAN></P>
<P class="p1384 ft166"><SPAN class="ft174">d)</SPAN><SPAN class="ft210">Delad provision och obetalda arvoden som direkt sammanhänger med provisions- och arvodesfordringar, som ingår i totala intäkter, och i de fall betalningen av provisionen och de obetalda arvodena villkoras av det faktiska mottagandet av provisionen och arvodesfordran.</SPAN></P>
<P class="p1374 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft211">Avgifter till anknutna ombud.</SPAN></P>
<P class="p1366 ft169"><SPAN class="ft174">f)</SPAN><NOBR><SPAN class="ft197">Icke-återkommande</SPAN></NOBR> kostnader från extraordinär verksamhet.</P>
<P class="p1385 ft169">EBA ska också för tillämpningen av denna artikel specificera begreppet väsentlig ändring.</P>
<P class="p1211 ft169">EBA ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 december 2020.</P>
<P class="p1386 ft164">Kommissionen ges befogenhet att komplettera denna förordning genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
<P class="p1387 ft169">Artikel 14</P>
<P class="p1388 ft171">Permanent minimikapitalkrav</P>
<P class="p1389 ft169">Vid tillämpningen av artikel 11.1 b ska det permanenta minimikapitalkravet åtminstone motsvara det startkapital som anges i artikel 9 i direktiv (EU) 2019/2034.</P>
<P class="p1390 ft164">AVDELNING II</P>
<P class="p1391 ft172"><NOBR>K-FAKTORKRAV</NOBR></P>
<P class="p1371 ft164">KAPITEL 1</P>
<P class="p1392 ft171">Allmänna principer</P>
<P class="p1387 ft169">Artikel 15</P>
<P class="p1393 ft171"><NOBR>K-faktorkrav</NOBR> och tillämpliga koefficienter</P>
<P class="p1375 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Vid tillämpning av artikel 11.1 c ska </SPAN><NOBR>K-faktorkravet</NOBR> åtminstone uppgå till summan av följande:</P>
<P class="p1366 ft169"><SPAN class="ft174">a)</SPAN><NOBR><SPAN class="ft190">K-faktorer</SPAN></NOBR> för RtC (kundrisk) beräknade i enlighet med kapitel 2.</P>
<P class="p1374 ft169"><SPAN class="ft174">b)</SPAN><NOBR><SPAN class="ft190">K-faktorer</SPAN></NOBR> för RtM (marknadsrisk) beräknade i enlighet med kapitel 3.</P>
<P class="p1366 ft169"><SPAN class="ft174">c)</SPAN><NOBR><SPAN class="ft190">K-faktorer</SPAN></NOBR> för RtF (företagsrisk) beräknade i enlighet med kapitel 4.</P>
<P class="p1385 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Följande koefficienter ska tillämpas på respektive </SPAN><NOBR>K-faktorer:</NOBR></P>
<P class="p1394 ft169">Tabell 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t140">
<TR>
<TD class="tr8 td364"><P class="p18 ft164"><NOBR>K-FAKTORER</NOBR></P></TD>
<TD class="tr8 td365"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td366"><P class="p43 ft177">KOEFFICIENT</P></TD>
</TR>
<TR>
<TD class="tr46 td367"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td368"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td369"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr9 td370"><P class="p18 ft169">Förvaltade tillgångar inom ramen för både diskretionär</P></TD>
<TD class="tr9 td371"><P class="p32 ft169"><NOBR>K-AUM</NOBR></P></TD>
<TD class="tr9 td18"><P class="p1395 ft164">0,02 %</P></TD>
</TR>
<TR>
<TD class="tr45 td370"><P class="p18 ft188">portföljförvaltning och icke<SPAN class="ft206">‐</SPAN>diskretionära rådgivande</P></TD>
<TD class="tr45 td371"><P class="p18 ft213"> </P></TD>
<TD class="tr45 td18"><P class="p18 ft213"> </P></TD>
</TR>
<TR>
<TD class="tr37 td370"><P class="p18 ft166">arrangemang av kontinuerlig art</P></TD>
<TD class="tr37 td371"><P class="p18 ft214"> </P></TD>
<TD class="tr37 td18"><P class="p18 ft214"> </P></TD>
</TR>
<TR>
<TD class="tr47 td372"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td368"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td369"><P class="p18 ft215"> </P></TD>
</TR>
<TR>
<TD class="tr9 td370"><P class="p18 ft169">Innehav av kundmedel</P></TD>
<TD class="tr9 td371"><P class="p32 ft169"><NOBR>K-CMH</NOBR> (på separerade konton)</P></TD>
<TD class="tr9 td18"><P class="p1395 ft164">0,4 %</P></TD>
</TR>
<TR>
<TD class="tr39 td370"><P class="p18 ft216"> </P></TD>
<TD class="tr46 td368"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td369"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr9 td370"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td371"><P class="p32 ft164"><NOBR>K-CMH</NOBR> (på icke<SPAN class="ft184">‐</SPAN>separerade konton)</P></TD>
<TD class="tr9 td18"><P class="p1395 ft164">0,5 %</P></TD>
</TR>
<TR>
<TD class="tr46 td372"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td368"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td369"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr9 td370"><P class="p18 ft169">Tillgångar under förvaring och administration</P></TD>
<TD class="tr9 td371"><P class="p32 ft169"><NOBR>K-ASA</NOBR></P></TD>
<TD class="tr9 td18"><P class="p1395 ft164">0,04 %</P></TD>
</TR>
<TR>
<TD class="tr46 td372"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td368"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td369"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr14 td370"><P class="p18 ft169">Hantering av kundorder</P></TD>
<TD class="tr14 td371"><P class="p32 ft169"><NOBR>K-COH</NOBR> – kontanttransaktioner</P></TD>
<TD class="tr14 td18"><P class="p1395 ft164">0,1 %</P></TD>
</TR>
<TR>
<TD class="tr46 td372"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td368"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td369"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr9 td370"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td371"><P class="p32 ft169"><NOBR>K-COH</NOBR> – derivat</P></TD>
<TD class="tr9 td18"><P class="p1395 ft164">0,01 %</P></TD>
</TR>
<TR>
<TD class="tr46 td372"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td368"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td369"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr9 td370"><P class="p18 ft169">Daglig handelsaktivitet</P></TD>
<TD class="tr9 td371"><P class="p32 ft169"><NOBR>K-DTF</NOBR> – kontanttransaktioner</P></TD>
<TD class="tr9 td18"><P class="p1395 ft164">0,1 %</P></TD>
</TR>
<TR>
<TD class="tr46 td372"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td368"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td369"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr9 td370"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td371"><P class="p32 ft169"><NOBR>K-DTF</NOBR> – derivat</P></TD>
<TD class="tr9 td18"><P class="p1395 ft164">0,01 %</P></TD>
</TR>
<TR>
<TD class="tr46 td372"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td368"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td369"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">347</P>
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<DIV id="page_348">
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<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/25</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1357 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft181">Värdepappersföretag ska övervaka värdet på sina </SPAN><NOBR>K-faktorer</NOBR> för att upptäcka utvecklingstendenser som kan resultera i att deras kapitalbaskrav med avseende på tillämpningen av artikel 11 ändras väsentligt nästa rapportperiod enligt del sju, och de ska underrätta sin behöriga myndighet om det väsentligen ändrade kapitalbaskravet.</P>
<P class="p1396 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft181">Om behöriga myndigheter anser att värdepappersföretagets affärsverksamhet har ändrats väsentligt på ett sätt som påverkar beloppet för en relevant </SPAN><NOBR>K-faktor</NOBR> får de justera detta belopp i enlighet med artikel 39.2 a i direktiv (EU) 2019/2034.</P>
<P class="p1396 ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft181">För att säkerställa en enhetlig tillämpning av denna förordning och för att ta hänsyn till utvecklingen på de finansiella marknaderna ska EBA, i samråd med Esma, utarbeta förslag till tekniska tillsynsstandarder för att</SPAN></P>
<P class="p1352 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">specificera metoder för fastställande av </SPAN><NOBR>K-faktorerna</NOBR> i del tre avdelning II,</P>
<P class="p1397 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">specificera begreppet separerade konton i denna förordning vad gäller de villkor som säkerställer skyddet av kundmedel vid ett värdepappersföretags fallissemang,</SPAN></P>
<P class="p1398 ft166"><SPAN class="ft174">c)</SPAN><SPAN class="ft192">specificera justeringar av de </SPAN><NOBR>K-DTF-koefficienter</NOBR> som avses i tabell 1 i punkt 2 i denna artikel om, i situationer med stressade marknadsförhållanden enligt kommissionens delegerade förordning (EU) 2017/578 (<SPAN class="ft173">25</SPAN>), <NOBR>K-DTF-kraven</NOBR> verkar alltför restriktiva och skadar den finansiella stabiliteten.</P>
<P class="p1209 ft169">EBA ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 december 2020.</P>
<P class="p1399 ft164">Till kommissionen delegeras befogenhet att komplettera denna förordning genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
<P class="p1379 ft164">KAPITEL 2</P>
<P class="p1400 ft171"><NOBR>K-faktorer</NOBR> för RtC</P>
<P class="p1283 ft169">Artikel 16</P>
<P class="p1401 ft171"><NOBR>K-faktorkrav</NOBR> för RtC</P>
<P class="p1196 ft169"><NOBR>K-faktorkravet</NOBR> för RtC beräknas enligt följande formel:</P>
<P class="p1402 ft169">K<SPAN class="ft206">‐</SPAN>AUM + K<SPAN class="ft206">‐</SPAN>CMH + K<SPAN class="ft206">‐</SPAN>ASA + K<SPAN class="ft206">‐</SPAN>COH</P>
<P class="p1263 ft169">där</P>
<P class="p1209 ft169"><NOBR>K-AUM</NOBR> är lika med AUM fastställt i enlighet med artikel 17, multiplicerat med motsvarande koefficient i artikel 15.2,</P>
<P class="p1263 ft169"><NOBR>K-CMH</NOBR> är lika med CMH fastställt i enlighet med artikel 18, multiplicerat med motsvarande koefficient i artikel 15.2,</P>
<P class="p1263 ft169"><NOBR>K-ASA</NOBR> är lika med ASA fastställt i enlighet med artikel 19, multiplicerat med motsvarande koefficient i artikel 15.2,</P>
<P class="p1209 ft169"><NOBR>K-COH</NOBR> är lika med COH fastställt i enlighet med artikel 20, multiplicerat med motsvarande koefficient i artikel 15.2.</P>
<P class="p1403 ft169">Artikel 17</P>
<P class="p1404 ft171">Fastställande av AUM för beräkning av <NOBR>K-AUM</NOBR></P>
<P class="p1329 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Vid beräkning av </SPAN><NOBR>K-AUM</NOBR> ska AUM vara det glidande medelvärdet av värdet av de totala månatliga förvaltade tillgångarna, fastställt den sista bankdagen i var och en av de föregående 15 månaderna omräknat till enhetens funktionella valuta vid den tidpunkten, exklusive de tre närmast föregående månadsvärdena.</P>
<P class="p1405 ft164">(<SPAN class="ft176">25</SPAN>) Kommissionens delegerade förordning (EU) 2017/578 av den 13 juni 2016 om komplettering av Europaparlamentets och rådets direktiv 2014/65/EU om marknader för finansiella instrument med avseende på tekniska standarder för tillsyn som specificerar kraven för marknadsgarantavtal och marknadsgarantsystem (EUT L 87, 31.3.2017, s. 183).</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">348</P>
</DIV>
</DIV>
<DIV id="page_349">
<DIV id="p349dimg1">
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<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/26</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1210 ft169">AUM ska vara det aritmetiska medelvärdet av de resterande tolv månatliga värdena.</P>
<P class="p1247 ft169"><NOBR>K-AUM</NOBR> ska beräknas den första bankdagen i varje månad.</P>
<P class="p1406 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">Om värdepappersföretaget formellt har delegerat kapitalförvaltningen till en annan finansiell enhet ska det kapitalet inkluderas i det totala </SPAN><NOBR>AUM-värde</NOBR> som fastställts i enlighet med punkt 1.</P>
<P class="p1212 ft164">Om en annan finansiell enhet formellt har delegerat kapitalförvaltningen till värdepappersföretaget ska det kapitalet uteslutas ur det totala belopp av förvaltade tillgångar som fastställts i enlighet med punkt 1.</P>
<P class="p1407 ft164">Om ett värdepappersföretag har förvaltat kapital i mindre än 15 månader, eller om det har gjort detta under en längre period som ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersföretag och nu överskrider tröskelvärdet för AUM, ska det vid beräkningen av <NOBR>K-AUM</NOBR> använda historiska <NOBR>AUM-data</NOBR> för den period som anges i punkt 1 så snart de blir tillgängliga. Den behöriga myndigheten får ersätta de historiska datapunkter som saknas genom tillsynsbeslut baserade på de affärsprognoser som värdepappersföretaget lämnat in i enlighet med artikel 7 i direktiv 2014/65/EU.</P>
<P class="p1408 ft169">Artikel 18</P>
<P class="p1409 ft171">Fastställande av CMH för beräkning av <NOBR>K-CMH</NOBR></P>
<P class="p1410 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Vid beräkning av </SPAN><NOBR>K-CMH</NOBR> ska CMH vara det glidande medelvärdet av värdet av de samlade kundmedel som innehas per dag, fastställt i slutet av varje bankdag, under de föregående nio månaderna, exklusive de tre närmast föregående månaderna.</P>
<P class="p1244 ft169">CMH ska vara det aritmetiska medelvärdet av de dagliga värdena från de resterande sex månaderna.</P>
<P class="p1411 ft169"><NOBR>K-CMH</NOBR> ska beräknas den första bankdagen i varje månad.</P>
<P class="p1412 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Om ett värdepappersföretag har innehavt kundmedel i mindre än nio månader, ska det vid beräkningen av </SPAN><NOBR>K-CMH</NOBR> använda historiska <NOBR>CMH-data</NOBR> för den period som anges i punkt 1 så snart sådana data blir tillgängliga.</P>
<P class="p1413 ft164">Den behöriga myndigheten får ersätta historiska datapunkter som saknas genom tillsynsbeslut baserade på de affärsprognoser som värdepappersföretaget lämnat in i enlighet med artikel 7 i direktiv 2014/65/EU.</P>
<P class="p1414 ft169">Artikel 19</P>
<P class="p1415 ft171">Fastställande av ASA för beräkning av <NOBR>K-ASA</NOBR></P>
<P class="p1410 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Vid beräkning av </SPAN><NOBR>K-ASA</NOBR> ska ASA vara det glidande medelvärdet av värdet av de samlade tillgångarna under förvaring och administration per dag, fastställt i slutet av varje bankdag, under de föregående nio månaderna, exklusive de tre närmast föregående månaderna.</P>
<P class="p1244 ft169">ASA ska vara det aritmetiska medelvärdet av de dagliga värdena från de resterande sex månaderna.</P>
<P class="p1247 ft169"><NOBR>K-AUM</NOBR> ska beräknas den första bankdagen i varje månad.</P>
<P class="p1416 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Om ett värdepappersföretag formellt har delegerat uppgifterna att förvara och administrera tillgångar till en annan finansiell enhet, eller om en annan finansiell enhet formellt har delegerat sådana uppgifter till värdepappersföretaget, ska de tillgångarna inkluderas i det totala </SPAN><NOBR>ASA-värde</NOBR> som fastställts i enlighet med punkt 1.</P>
<P class="p1407 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Om ett värdepappersföretag har förvarat och administrerat tillgångar i mindre än sex månader, ska det vid beräkningen av </SPAN><NOBR>K-ASA</NOBR> använda historiska <NOBR>ASA-data</NOBR> för den period som anges i punkt 1 så snart sådana data blir tillgängliga. Den behöriga myndigheten får ersätta historiska datapunkter som saknas genom tillsynsbeslut baserade på de affärsprognoser som värdepappersföretaget lämnat in i enlighet med artikel 7 i direktiv 2014/65/EU.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">349</P>
</DIV>
</DIV>
<DIV id="page_350">
<DIV id="p350dimg1">
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<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/27</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1417 ft169">Artikel 20</P>
<P class="p1418 ft171">Fastställande av COH för beräkning av <NOBR>K-COH</NOBR></P>
<P class="p1419 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Vid beräkning av </SPAN><NOBR>K-COH</NOBR> ska COH vara det glidande medelvärdet av värdet av den samlade hanteringen av kundorder per dag, fastställt under varje bankdag, under de föregående sex månaderna, exklusive de tre närmast föregående månaderna.</P>
<P class="p1236 ft169">COH ska vara det aritmetiska medelvärdet av de dagliga värdena från de resterande tre månaderna.</P>
<P class="p1238 ft169"><NOBR>K-COH</NOBR> ska beräknas den första bankdagen i varje månad.</P>
<P class="p1420 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">COH ska fastställas som summan av det absoluta värdet av köp och det absoluta värdet av försäljningar för både kontanttransaktioner och derivat i enlighet med följande:</SPAN></P>
<P class="p40 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">För kontanttransaktioner ska värdet vara det belopp som betalas eller tas emot för varje transaktion.</SPAN></P>
<P class="p1236 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">För derivat ska värdet av transaktionen vara kontraktets teoretiska belopp.</SPAN></P>
<P class="p1421 ft169">Det teoretiska beloppet för räntederivat ska justeras för löptiden (i år) för dessa kontrakt. Det teoretiska beloppet ska multipliceras med durationen i följande formel:</P>
<P class="p1422 ft169">Duration = löptid (i år) / 10</P>
<P class="p1421 ft169">Utan att det påverkar femte stycket ska COH omfatta transaktioner som utförs av värdepappersföretag som tillhandahåller portföljförvaltningstjänster för investeringsfonders räkning.</P>
<P class="p1423 ft169">COH ska omfatta transaktioner som uppstår till följd av investeringsrådgivning och avseende vilka ett värdepappersföretag inte beräknar <NOBR>K-AUM.</NOBR></P>
<P class="p1424 ft166">COH ska inte omfatta transaktioner som utförs av värdepappersföretaget och som uppstår till följd av hanteringen av en kunds investeringsportfölj om värdepappersföretaget redan beräknar <NOBR>K-AUM</NOBR> för den kundens investeringar eller om denna verksamhet avser sådan delegering av kapitalförvaltning till värdepappersföretaget som enligt artikel 17.2 inte bidrar till detta värdepappersföretags AUM.</P>
<P class="p1238 ft169">COH ska inte omfatta transaktioner som värdepappersföretaget utför i eget namn på egna eller kunders vägnar.</P>
<P class="p1421 ft169">Värdepappersföretag får undanta från fastställandet av COH alla order som inte har verkställts, om det uteblivna verkställandet beror på att kunden annullerar ordern i tid.</P>
<P class="p1425 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft181">Om ett värdepappersföretag har hanterat kundorder i mindre än sex månader eller har gjort detta under en längre period som ett litet och </SPAN><NOBR>icke-sammanlänkat</NOBR> värdepappersföretag, ska det vid beräkningen av <NOBR>K-COH</NOBR> använda historiska <NOBR>COH-data</NOBR> för den period som anges i punkt 1 så snart sådana data blir tillgängliga. Den behöriga myndigheten får ersätta historiska datapunkter som saknas genom tillsynsbeslut baserade på de affärsprognoser som värdepappersföretaget lämnat in i enlighet med artikel 7 i direktiv 2014/65/EU.</P>
<P class="p1283 ft164">KAPITEL 3</P>
<P class="p1426 ft171"><NOBR>K-faktorer</NOBR> för RtM</P>
<P class="p1417 ft169">Artikel 21</P>
<P class="p1427 ft171"><NOBR>K-faktorkrav</NOBR> för RtM</P>
<P class="p1419 ft169"><SPAN class="ft164">1.</SPAN><NOBR><SPAN class="ft189">K-faktorkravet</SPAN></NOBR> för RtM för positioner i handelslagret i ett värdepappersföretag som handlar för egen räkning på egna eller kunders vägnar ska vara antingen <NOBR>K-NPR,</NOBR> beräknat i enlighet med artikel 22, eller <NOBR>K-CMG,</NOBR> beräknat i enlighet med artikel 23.</P>
<P class="p1428 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Värdepappersföretag ska förvalta sitt handelslager i enlighet med del tre avdelning I kapitel 3 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1423 ft169"><SPAN class="ft164">3.</SPAN><NOBR><SPAN class="ft189">K-faktorkravet</SPAN></NOBR> för RtM gäller för alla positioner i handelslagret, vilket i synnerhet omfattar positioner i skuldinstrument (inbegripet värdepapperiseringsinstrument), egetkapitalinstrument, företag för kollektiva investeringar, valuta och guld samt råvaror (inbegripet utsläppsrätter).</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">350</P>
</DIV>
</DIV>
<DIV id="page_351">
<DIV id="p351dimg1">
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</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/28</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1429 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft195">Vid beräkning av </SPAN><NOBR>K-faktorkravet</NOBR> för RtM ska ett värdepappersföretag inkludera positioner utanför handelslagret om dessa ger upphov till valutarisk eller råvarurisk.</P>
<P class="p1430 ft169">Artikel 22</P>
<P class="p1431 ft171">Beräkning av <NOBR>K-NPR</NOBR></P>
<P class="p1413 ft164">Vid beräkning av <NOBR>K-NPR</NOBR> ska kapitalbaskravet för positioner i handelslagret hos ett värdepappersföretag som handlar för egen räkning, på egna eller kunders vägnar, beräknas med hjälp av någon av följande metoder:</P>
<P class="p1432 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Den schablonmetod som anges i del tre avdelning IV kapitlen 2, 3 och 4 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Den alternativa schablonmetod som anges i del tre avdelning IV kapitel 1a i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1375 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Den alternativa internmodellmetod som anges i del tre avdelning IV kapitel 1b i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1433 ft169">Artikel 23</P>
<P class="p1434 ft171">Beräkning av <NOBR>K-CMG</NOBR></P>
<P class="p1435 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Vid tillämpningen av artikel 21 ska den behöriga myndigheten tillåta att ett värdepappersföretag beräknar </SPAN><NOBR>K-CMG</NOBR> för alla positioner som omfattas av clearing, eller på portföljbasis, om hela portföljen omfattas av clearing eller marginalsäkerhet, på de följande villkoren:</P>
<P class="p1436 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">Värdepappersföretaget ingår inte i en koncern som omfattar ett kreditinstitut.</SPAN></P>
<P class="p1437 ft166"><SPAN class="ft164">b)</SPAN><SPAN class="ft192">En clearingmedlem i en kvalificerad central motpart ansvarar för clearing och avveckling av dessa transaktioner och denna clearingmedlem är ett kreditinstitut eller ett värdepappersföretag som avses i artikel 1.2 i denna förordning, och transaktionerna clearas centralt i en kvalificerad central motpart eller avvecklas enligt principen leverans mot betalning under denna clearingmedlems ansvar.</SPAN></P>
<P class="p1438 ft169"><SPAN class="ft164">c)</SPAN><SPAN class="ft190">Beräkningen av den totala marginalsäkerhet som krävs av clearingmedlemmen baseras på clearingmedlemmens marginalsäkerhetsmodell.</SPAN></P>
<P class="p1437 ft164"><SPAN class="ft164">d)</SPAN><SPAN class="ft193">Värdepappersföretaget har för den behöriga myndigheten visat att valet att beräkna RtM med </SPAN><NOBR>K-CMG</NOBR> motiveras av vissa kriterier vilka får inbegripa arten av värdepappersföretagets huvudsakliga verksamhet, som främst ska vara handelsverksamhet som omfattas av clearing och marginalsäkerhet under en clearingmedlems ansvar, och det faktum att annan verksamhet som bedrivs av värdepappersföretaget är oväsentlig jämfört med denna huvudsakliga verksamhet.</P>
<P class="p1439 ft164"><SPAN class="ft174">e)</SPAN><SPAN class="ft193">Den behöriga myndigheten har bedömt att valet av den eller de portföljer som omfattas av </SPAN><NOBR>K-CMG</NOBR> inte har syftat till regelarbitrage med avseende på kapitalbaskraven på ett oproportionerligt eller tillsynsmässigt osunt sätt.</P>
<P class="p1407 ft164">Vid tillämpning av första stycket c ska den behöriga myndigheten göra en regelbunden bedömning för att bekräfta att marginalsäkerhetsmodellen leder till marginalsäkerhetskrav som avspeglar riskegenskaperna hos de produkter som värdepappersföretaget handlar med och tar hänsyn till intervallet mellan indrivningar av marginalsäkerheter, till marknadens likviditet och till möjliga förändringar under transaktionens löptid.</P>
<P class="p1315 ft164">Marginalsäkerhetskraven ska vara tillräckliga för att över en lämplig tidshorisont täcka eventuella förluster från minst 99 % av exponeringsrörelserna med en innehavsperiod på minst två bankdagar. De marginalsäkerhetsmodeller som clearingmedlemmen använder för att begära den marginalsäkerhet som avses i denna punkt första stycket c ska alltid vara utformade i syfte att uppnå en liknande försiktighetsnivå som den som krävs enligt bestämmelserna om krav på marginalsäkerheter i artikel 41 i förordning (EU) nr 648/2012.</P>
<P class="p1440 ft164"><SPAN class="ft164">2.</SPAN><NOBR><SPAN class="ft175">K-CMG</SPAN></NOBR> ska vara det tredje högsta värdet av total marginalsäkerhet som clearingmedlemmen dagligen krävt av värdepappersföretaget under de tre närmast föregående månaderna, multiplicerat med en faktor på 1,3.</P>
<P class="p1407 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">EBA ska, i samråd med Esma, utarbeta ett förslag till tekniska tillsynsstandarder för att närmare fastställa metoden för att beräkna den totala marginalsäkerhet som krävs och metoden för att beräkna </SPAN><NOBR>K-CMG</NOBR> enligt punkt 2, i synnerhet när K- CMG tillämpas på portföljbasis, samt villkoren för efterlevnad av bestämmelserna i punkt 1 e.</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
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<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/29</P></TD>
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<P class="p1441 ft169">EBA ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 december 2020.</P>
<P class="p1442 ft164">Kommissionen ges befogenhet att komplettera denna förordning genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
<P class="p1283 ft164">KAPITEL 4</P>
<P class="p1443 ft171"><NOBR>K-faktorer</NOBR> för RtF</P>
<P class="p1444 ft169">Artikel 24</P>
<P class="p1445 ft171"><NOBR>K-faktorkrav</NOBR> för RtF</P>
<P class="p1209 ft169"><NOBR>K-faktorkravet</NOBR> för RtF beräknas enligt följande formel:</P>
<P class="p1446 ft169"><NOBR>K-TCD</NOBR> + <NOBR>K-DTF</NOBR> + <NOBR>K-CON</NOBR></P>
<P class="p1287 ft169">där</P>
<P class="p1238 ft169"><NOBR>K-TCD</NOBR> är lika med det belopp som beräknas i enlighet med artikel 26,</P>
<P class="p1238 ft169"><NOBR>K-DTF</NOBR> är lika med DTF fastställt i enlighet med artikel 33, multiplicerat med motsvarande koefficient i artikel 15.2, och</P>
<P class="p1238 ft169"><NOBR>K-CON</NOBR> är lika med det belopp som beräknas i enlighet med artikel 39.</P>
<P class="p1419 ft169"><NOBR>K-TCD</NOBR> och <NOBR>K-CON</NOBR> ska baseras på de transaktioner som registreras i handelslagret hos ett värdepappersföretag som handlar för egen räkning på egna eller kunders vägnar.</P>
<P class="p1423 ft169"><NOBR>K-DTF</NOBR> ska baseras på de transaktioner som registreras i handelslagret hos ett värdepappersföretag som handlar för egen räkning på egna eller kunders vägnar och de transaktioner som ett värdepappersföretag ingår genom att utföra order på kunders vägnar i eget namn.</P>
<P class="p1447 ft169">Avsnitt 1</P>
<P class="p1448 ft171">Handelsmotpartens fallissemang</P>
<P class="p1417 ft169">Artikel 25</P>
<P class="p1449 ft171">Tillämpningsområde</P>
<P class="p1287 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Detta avsnitt är tillämpligt på följande kontrakt och transaktioner:</SPAN></P>
<P class="p1236 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Derivatkontrakt som förtecknas i bilaga II till förordning (EU) nr 575/2013, med undantag för följande:</SPAN></P>
<P class="p1450 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft197">Derivatkontrakt som direkt eller indirekt clearas genom en central motpart om samtliga följande villkor är uppfyllda:</SPAN></P>
<P class="p1451 ft164"><SPAN class="ft164">—</SPAN><SPAN class="ft217">Värdepappersföretagets positioner och tillgångar i samband med dessa kontrakt kan urskiljas och separeras, för både clearingmedlemmen och den centrala motparten, från de positioner och tillgångar som tillhör såväl clearingmedlemmen som dennes övriga kunder, och denna åtskillnad och separering leder till att dessa positioner och tillgångar är konkursskyddade enligt nationell rätt, om clearingmedlemmen eller en eller flera av dennes övriga kunder skulle fallera eller bli insolvent.</SPAN></P>
<P class="p1452 ft164"><SPAN class="ft164">—</SPAN><SPAN class="ft198">De lagar, förordningar, regler och avtalsmässiga arrangemang som är tillämpliga eller bindande för clearingmedlemmen underlättar överföringen av kundens positioner i samband med dessa kontrakt samt respektive säkerheter till en annan clearingmedlem inom den tillämpliga marginalriskperioden, om den ursprungliga clearingmedlemmen skulle drabbas av fallissemang eller insolvens.</SPAN></P>
<P class="p1452 ft164"><SPAN class="ft164">—</SPAN><SPAN class="ft198">Värdepappersföretaget har ett opartiskt, skriftligt och motiverat juridiskt utlåtande där det konstateras att värdepappersföretaget i händelse av en rättslig prövning inte skulle bära några förluster på grund av att clearingmedlemmen eller någon av clearingmedlemmens kunder blir insolvent.</SPAN></P>
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<P class="p1147 ft2">Bilaga 1</P>
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<TD class="tr8 td80"><P class="p18 ft166">L 314/30</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
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<P class="p1453 ft169"><SPAN class="ft174">ii)</SPAN><SPAN class="ft211">Börshandlade derivatkontrakt.</SPAN></P>
<P class="p1454 ft169"><SPAN class="ft169">iii)</SPAN><SPAN class="ft191">Derivatkontrakt som innehas för att säkra en position för värdepappersföretaget som härrör från verksamhet utanför handelslagret.</SPAN></P>
<P class="p1374 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Transaktioner med lång avvecklingscykel.</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Återköpstransaktioner.</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Värdepappers- eller råvarulån.</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Marginalutlåning.</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">f)</SPAN><SPAN class="ft211">Alla andra typer av transaktioner för värdepappersfinansiering.</SPAN></P>
<P class="p1455 ft164"><SPAN class="ft174">g)</SPAN><SPAN class="ft193">Krediter och lån som avses i avsnitt B punkt 2 i bilaga I till direktiv 2014/65/EU, om värdepappersföretaget utför handeln i kundens namn eller mottar och vidarebefordrar ordern utan att utföra den.</SPAN></P>
<P class="p1456 ft169">Vid tillämpning av första stycket a i, ska derivatkontrakt som direkt eller indirekt clearas genom en kvalificerad central motpart anses uppfylla villkoren i det ledet.</P>
<P class="p1244 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Transaktioner med följande typer av motparter ska undantas från beräkningen av </SPAN><NOBR>K-TCD:</NOBR></P>
<P class="p1457 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Nationella regeringar och centralbanker, om de underliggande exponeringarna skulle åsättas riskvikten 0 % enligt artikel 114 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1374 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Multilaterala utvecklingsbanker som förtecknas i artikel 117.2 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Internationella organisationer som förtecknas i artikel 118 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1458 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft181">Med förbehåll för ett förhandsgodkännande från de behöriga myndigheterna får ett värdepappersföretag från beräkningen av </SPAN><NOBR>K-TCD</NOBR> undanta transaktioner med en motpart som är dess moderföretag, dotterföretag, ett dotterföretag till dess moderföretag eller ett företag till vilket värdepappersföretaget står i ett sådant förhållande som avses i artikel 22.7 i direktiv 2013/34/EU. De behöriga myndigheterna ska bevilja godkännande om följande villkor är uppfyllda:</P>
<P class="p1459 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Motparten är ett kreditinstitut, ett värdepappersföretag eller ett finansiellt institut och omfattas av tillfredsställande tillsynskrav.</SPAN></P>
<P class="p1223 ft166"><SPAN class="ft164">b)</SPAN><SPAN class="ft192">Motparten ingår utan förbehåll i samma konsoliderade tillsyn som värdepappersföretaget i enlighet med förordning (EU) nr 575/2013 eller i enlighet med artikel 7 i denna förordning, eller motparten och värdepappersföretaget står under tillsyn för kontroll av att den eller det uppfyller villkoren i gruppkapitaltestet i enlighet med artikel 8 i den här förordningen.</SPAN></P>
<P class="p1457 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Samma förfaranden för bedömning, värdering och kontroll av risker gäller för motparten som för värdepappers företaget.</SPAN></P>
<P class="p1374 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Motparten är etablerad i samma medlemsstat som värdepappersföretaget.</SPAN></P>
<P class="p1457 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Det finns inga rådande eller förutsedda väsentliga praktiska eller rättsliga hinder för att motparten snabbt ska kunna överföra medel ur kapitalbasen eller återbetala skulder till värdepappersföretaget.</SPAN></P>
<P class="p1368 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">Genom undantag från detta avsnitt får ett värdepappersföretag, med den behöriga myndighetens godkännande, beräkna exponeringsvärdet för derivatkontrakt som finns förtecknade i bilaga II till förordning (EU) nr 575/2013 och för de transaktioner som avses i punkt 1 </SPAN><NOBR>b–f</NOBR> i denna artikel genom tillämpning av en av de metoder som anges i del tre avdelning II kapitel 6 avsnitt 3, 4 eller 5 i förordning (EU) nr 575/2013 och beräkna de relaterade kapitalbaskraven genom att multiplicera exponeringsvärdet med den riskfaktor som fastställs för varje typ av motpart enligt tabell 2 i artikel 26 i den här förordningen.</P>
<P class="p1460 ft164">Värdepappersföretag som omfattas av den gruppbaserade tillsynen i enlighet med del ett avdelning II kapitel 2 i förordning (EU) nr 575/2013 får beräkna det relaterade kapitalbaskravet genom att multiplicera de riskvägda exponeringsbeloppen, beräknade i enlighet med del tre avdelning II kapitel 2 avsnitt 1 i förordning (EU) nr 575/2013, med 8 %.</P>
<P class="p1416 ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft175">Vid tillämpningen av undantaget i punkt 4 i denna artikel ska värdepappersföretagen även tillämpa en faktor för kreditvärdighetsjustering </SPAN><NOBR>(CVA-faktor)</NOBR> genom att multiplicera kapitalbaskravet, beräknat i enlighet med punkt 2 i denna artikel, med kreditvärdighetsjusteringen (CVA) beräknad i enlighet med artikel 32.</P>
<P class="p1461 ft164">I stället för att tillämpa <NOBR>CVA-faktorn</NOBR> som multiplikator får värdepappersföretag som omfattas av den gruppbaserade tillsynen i enlighet med del ett avdelning II kapitel 2 i förordning (EU) nr 575/2013 beräkna kapitalbaskraven för kreditvär dighetsjusteringsrisk i enlighet med del tre avdelning VI i förordning (EU) nr 575/2013.</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
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<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td373"><P class="p43 ft165">SV</P></TD>
<TD class="tr45 td374"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td39"><P class="p1131 ft164">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td206"><P class="p1462 ft164">L 314/31</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td375"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td281"><P class="p18 ft167"> </P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td377"><P class="p18 ft167"> </P></TD>
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<TD class="tr26 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr26 td127"><P class="p18 ft178"> </P></TD>
<TD class="tr26 td277"><P class="p18 ft178"> </P></TD>
<TD class="tr26 td39"><P class="p1463 ft164">Artikel 26</P></TD>
<TD class="tr26 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr26 td206"><P class="p18 ft178"> </P></TD>
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<TD class="tr6 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr6 td127"><P class="p18 ft178"> </P></TD>
<TD class="tr6 td277"><P class="p18 ft178"> </P></TD>
<TD class="tr6 td39"><P class="p1463 ft172">Beräkning av <NOBR>K-TCD</NOBR></P></TD>
<TD class="tr6 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr6 td206"><P class="p18 ft178"> </P></TD>
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<TD colspan=4 class="tr20 td282"><P class="p469 ft164">Vid beräkning av <NOBR>K-TCD</NOBR> ska kapitalbaskravet fastställas med hjälp av följande formel:</P></TD>
<TD class="tr20 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td206"><P class="p18 ft178"> </P></TD>
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<TD class="tr20 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td127"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td277"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td39"><P class="p1463 ft164">Kapitalbaskrav=α•EV•RF•CVA</P></TD>
<TD class="tr20 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td206"><P class="p18 ft178"> </P></TD>
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<TD class="tr20 td80"><P class="p469 ft169">där</P></TD>
<TD class="tr20 td127"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td277"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td39"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td206"><P class="p18 ft178"> </P></TD>
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<TD class="tr20 td80"><P class="p469 ft169">α = 1,2,</P></TD>
<TD class="tr20 td127"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td277"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td39"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td206"><P class="p18 ft178"> </P></TD>
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<TD colspan=4 class="tr20 td282"><P class="p469 ft169">EV = det exponeringsvärde som beräknas i enlighet med artikel 27,</P></TD>
<TD class="tr20 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td206"><P class="p18 ft178"> </P></TD>
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<TD colspan=4 class="tr20 td282"><P class="p469 ft164">RF = den riskfaktor som fastställs för varje typ av motpart enligt tabell 2, och</P></TD>
<TD class="tr20 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td206"><P class="p18 ft178"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr20 td282"><P class="p469 ft164">CVA = den kreditvärdighetsjustering som beräknas i enlighet med artikel 32.</P></TD>
<TD class="tr20 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr20 td206"><P class="p18 ft178"> </P></TD>
</TR>
<TR>
<TD class="tr3 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr3 td127"><P class="p18 ft178"> </P></TD>
<TD class="tr3 td277"><P class="p18 ft178"> </P></TD>
<TD class="tr3 td39"><P class="p1463 ft177">Tabell 2</P></TD>
<TD class="tr3 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr3 td206"><P class="p18 ft178"> </P></TD>
</TR>
<TR>
<TD class="tr8 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td127"><P class="p18 ft178"> </P></TD>
<TD class="tr37 td281"><P class="p18 ft178"> </P></TD>
<TD class="tr37 td376"><P class="p18 ft178"> </P></TD>
<TD class="tr37 td353"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td206"><P class="p18 ft178"> </P></TD>
</TR>
<TR>
<TD class="tr8 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td127"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td277"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td378"><P class="p1464 ft164">Typ av motpart</P></TD>
<TD colspan=2 class="tr8 td303"><P class="p45 ft164">Riskfaktor</P></TD>
</TR>
<TR>
<TD class="tr38 td80"><P class="p18 ft218"> </P></TD>
<TD class="tr38 td127"><P class="p18 ft218"> </P></TD>
<TD class="tr39 td281"><P class="p18 ft216"> </P></TD>
<TD class="tr39 td379"><P class="p18 ft216"> </P></TD>
<TD class="tr39 td353"><P class="p18 ft216"> </P></TD>
<TD class="tr38 td206"><P class="p18 ft218"> </P></TD>
</TR>
<TR>
<TD class="tr9 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td127"><P class="p18 ft178"> </P></TD>
<TD colspan=2 class="tr9 td380"><P class="p18 ft169">Nationella regeringar, centralbanker och offentliga organ</P></TD>
<TD class="tr9 td80"><P class="p1395 ft164">1,6 %</P></TD>
<TD class="tr9 td206"><P class="p18 ft178"> </P></TD>
</TR>
<TR>
<TD class="tr38 td80"><P class="p18 ft218"> </P></TD>
<TD class="tr38 td127"><P class="p18 ft218"> </P></TD>
<TD class="tr39 td281"><P class="p18 ft216"> </P></TD>
<TD class="tr39 td379"><P class="p18 ft216"> </P></TD>
<TD class="tr39 td353"><P class="p18 ft216"> </P></TD>
<TD class="tr38 td206"><P class="p18 ft218"> </P></TD>
</TR>
<TR>
<TD class="tr9 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td127"><P class="p18 ft178"> </P></TD>
<TD colspan=2 class="tr9 td380"><P class="p18 ft169">Kreditinstitut och värdepappersföretag</P></TD>
<TD class="tr9 td80"><P class="p1395 ft164">1,6 %</P></TD>
<TD class="tr9 td206"><P class="p18 ft178"> </P></TD>
</TR>
<TR>
<TD class="tr39 td80"><P class="p18 ft216"> </P></TD>
<TD class="tr39 td127"><P class="p18 ft216"> </P></TD>
<TD class="tr46 td281"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td379"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr39 td206"><P class="p18 ft216"> </P></TD>
</TR>
<TR>
<TD class="tr9 td80"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td127"><P class="p18 ft178"> </P></TD>
<TD colspan=2 class="tr9 td380"><P class="p18 ft169">Andra motparter</P></TD>
<TD class="tr9 td80"><P class="p178 ft164">8 %</P></TD>
<TD class="tr9 td206"><P class="p18 ft178"> </P></TD>
</TR>
<TR>
<TD class="tr38 td80"><P class="p18 ft218"> </P></TD>
<TD class="tr38 td127"><P class="p18 ft218"> </P></TD>
<TD class="tr39 td281"><P class="p18 ft216"> </P></TD>
<TD class="tr39 td379"><P class="p18 ft216"> </P></TD>
<TD class="tr39 td353"><P class="p18 ft216"> </P></TD>
<TD class="tr38 td206"><P class="p18 ft218"> </P></TD>
</TR>
</TABLE>
<P class="p1465 ft169">Artikel 27</P>
<P class="p1466 ft171">Beräkning av exponeringsvärdet</P>
<P class="p1209 ft169">Exponeringsvärdet ska beräknas i enlighet med följande formel:</P>
<P class="p1467 ft169"><NOBR>Exponeringsvärde=max(0;RC+PFE-C)</NOBR></P>
<P class="p1238 ft169">där</P>
<P class="p1238 ft169">RC = ersättningskostnad fastställd i enlighet med artikel 28,</P>
<P class="p1238 ft169">PFE = potentiell framtida exponering fastställd i enlighet med artikel 29, och</P>
<P class="p1238 ft169">C = säkerhet fastställd i enlighet med artikel 30.</P>
<P class="p1238 ft169">Ersättningskostnad (RC) och säkerhet (C) ska tillämpas på alla transaktioner som avses i artikel 25.</P>
<P class="p1238 ft169">Potentiell framtida exponering (PFE) gäller endast derivatkontrakt.</P>
<P class="p1468 ft164">Ett värdepappersföretag får beräkna ett enskilt exponeringsvärde på nettningsnivå för alla transaktioner som omfattas av ett nettningsavtal, med förbehåll för de villkor som fastställs i artikel 31. Om något av dessa villkor inte uppfylls ska värdepappersföretaget behandla varje transaktion som en egen nettningsmängd.</P>
<P class="p1444 ft169">Artikel 28</P>
<P class="p1469 ft171">Ersättningskostnad (RC)</P>
<P class="p1209 ft169">Den ersättningskostnad som avses i artikel 27 ska fastställas på följande sätt:</P>
<P class="p1470 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">För derivatkontrakt ska RC vara CMV.</SPAN></P>
<P class="p1471 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">För transaktioner med lång avvecklingscykel ska RC vara det kontanta avvecklingsbelopp som värdepappersföretaget ska betala eller motta efter avveckling; en fordring ska behandlas som ett positivt belopp och en skuld ska behandlas som ett negativt belopp.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">354</P>
</DIV>
</DIV>
<DIV id="page_355">
<DIV id="p355dimg1">
<INGENBILD zsrc="H803173355x1.jpg/" id="p355img1">
</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/32</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1472 ft164"><SPAN class="ft174">c)</SPAN><SPAN class="ft193">För återköpstransaktioner och värdepappers- eller råvarulån ska RC vara beloppet av kontanter som lånats ut eller lånats in; kontanter som värdepappersföretaget lånat ut ska behandlas som ett positivt belopp och kontanter som värdepappersföretaget lånat in ska behandlas som ett negativt belopp.</SPAN></P>
<P class="p1213 ft166"><SPAN class="ft174">d)</SPAN><SPAN class="ft192">För transaktioner för värdepappersfinansiering där båda delarna av transaktionen är värdepapper, ska RC vara CMV på det värdepapper som värdepappersföretaget lånat ut. CMV ska höjas med användning av motsvarande volatilitets justering i tabell 4 i artikel 30.</SPAN></P>
<P class="p1473 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">För marginalutlåning samt kredit och lån som avses i artikel 25.1 g ska RC vara tillgångens bokförda värde i enlighet med tillämpliga redovisningsregler.</SPAN></P>
<P class="p454 ft169">Artikel 29</P>
<P class="p1474 ft171">Potentiell framtida exponering</P>
<P class="p1244 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Den potentiella framtida exponering (PFE) som avses i artikel 27 ska för varje derivat utgöra produkten av</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">det faktiska teoretiska belopp (EN) för transaktionen som fastställts i enlighet med punkterna </SPAN><NOBR>2–6</NOBR> i den här artikeln, och</P>
<P class="p1374 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">den regulatoriska faktor (SF) som fastställts i enlighet med punkt 7 i den här artikeln.</SPAN></P>
<P class="p1475 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Det faktiska teoretiska beloppet (EN) ska vara produkten av det teoretiska beloppet beräknat i enlighet med punkt 3, dess duration beräknad i enlighet med punkt 4, och dess regulatoriska delta, beräknat i enlighet med punkt 6.</SPAN></P>
<P class="p1244 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft181">Det teoretiska beloppet ska, såvida det inte är uttryckligt angivet och oförändrat fram till förfall, fastställas på följande</SPAN></P>
<P class="p1219 ft169">sätt:</P>
<P class="p1476 ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">När det gäller valutaderivatkontrakt ska det teoretiska beloppet definieras som det teoretiska beloppet för kontraktets valutadel, omräknat till inhemsk valuta; om båda delarna av ett valutaderivat är denominerade i andra valutor än den inhemska valutan ska det teoretiska beloppet för varje del räknas om till inhemsk valuta, och den del som har det högsta värdet i inhemsk valuta ska utgöra det teoretiska beloppet.</SPAN></P>
<P class="p1477 ft164"><SPAN class="ft174">b)</SPAN><SPAN class="ft193">För aktie- och råvaruderivatkontrakt och utsläppsrätter och utsläppsrättsderivat ska det teoretiska beloppet definieras som produkten av marknadspriset för en enhet av instrumentet och det antal enheter som transaktionen refererar till.</SPAN></P>
<P class="p1214 ft164"><SPAN class="ft174">c)</SPAN><SPAN class="ft193">För transaktioner med flera avkastningsalternativ som är utfallsberoende, däribland digitala optioner eller optionskontrakt som består av flera derivat (target redemption forwards) ska värdepappersföretaget beräkna det teoretiska beloppet för varje utfall och använda det högsta beräknade beloppet.</SPAN></P>
<P class="p1478 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Om det teoretiska beloppet är en formel med marknadsvärden ska värdepappersföretaget använda CMV för att fastställa transaktionens teoretiska belopp.</SPAN></P>
<P class="p1479 ft164"><SPAN class="ft174">e)</SPAN><SPAN class="ft193">För swappar med varierande teoretiskt belopp såsom swappar där det teoretiska beloppet ökar eller minskar under löptiden (amortising/accreting swaps) ska värdepappersföretaget använda det genomsnittliga teoretiska beloppet för swappens återstående löptid som transaktionens teoretiska belopp.</SPAN></P>
<P class="p1214 ft164"><SPAN class="ft174">f)</SPAN><SPAN class="ft209">Swappar med hävstång (leveraged swaps) ska räknas om till det teoretiska beloppet för en likvärdig swap utan hävstång så att det angivna teoretiska beloppet, om alla räntesatser i en swap multipliceras med en faktor, multipliceras med faktorn på räntesatserna för att fastställa det teoretiska beloppet.</SPAN></P>
<P class="p1477 ft164"><SPAN class="ft174">g)</SPAN><SPAN class="ft193">För ett derivatkontrakt med flera utväxlingar av kapitalbelopp ska det teoretiska beloppet multipliceras med antalet utväxlingar av derivatkontraktets kapitalbelopp för att fastställa det teoretiska beloppet.</SPAN></P>
<P class="p1365 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft195">Det teoretiska beloppet för räntederivatkontrakt och kreditderivatkontrakt för löptiden (i år) för dessa kontrakt ska justeras i enlighet med durationen i följande formel:</SPAN></P>
<P class="p1211 ft169"><NOBR>Duration=(1-exp(-0,05•löptid))/0,05</NOBR></P>
<P class="p1375 ft169">För andra derivatkontrakt än räntederivatkontrakt och kreditderivatkontrakt ska durationen vara lika med 1.</P>
<P class="p1432 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft189">Ett kontrakts löptid ska vara den sista dagen då kontraktet fortfarande kan lösas in.</SPAN></P>
<P class="p1480 ft169">Om derivatet refererar till värdet på ett annat ränte- eller kreditinstrument ska tiden fastställas på grundval av det underliggande instrumentet.</P>
<P class="p1211 ft169">För optioner ska löptiden vara den senaste inlösendagen som anges i kontraktet.</P>
<P class="p1480 ft169">För derivatkontrakt som är utformade på ett sådant sätt att utestående exponering avvecklas på vissa bestämda datum och villkoren justeras så att kontraktets verkliga värde blir noll, ska den återstående löptiden vara lika med tiden fram till nästa justeringsdag.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">355</P>
</DIV>
</DIV>
<DIV id="page_356">
<DIV id="p356dimg1">
<INGENBILD zsrc="H803173356x1.jpg/" id="p356img1">
</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/33</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1357 ft164"><SPAN class="ft164">6.</SPAN><SPAN class="ft181">Värdepappersföretaget får med hjälp av en lämplig modell göra egna beräkningar av det regulatoriska deltat för optioner och swapoptioner, under förutsättning att de behöriga myndigheterna har gett sitt godkännande. Modellen ska uppskatta graden av förändring av optionens värde i förhållande till små förändringar i marknadsvärdet på det underliggande instrumentet. För andra transaktioner än optioner och swapoptioner, eller om ingen modell har godkänts av de behöriga myndigheterna, ska delta vara lika med 1.</SPAN></P>
<P class="p1209 ft169"><SPAN class="ft164">7.</SPAN><SPAN class="ft189">Den regulatoriska faktorn (SF) för varje tillgångsklass ska fastställas i enlighet med följande tabell:</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t141">
<TR>
<TD class="tr9 td381"><P class="p18 ft178"> </P></TD>
<TD colspan=2 class="tr9 td179"><P class="p18 ft169">Tabell 3</P></TD>
</TR>
<TR>
<TD class="tr8 td382"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td383"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td353"><P class="p18 ft178"> </P></TD>
</TR>
<TR>
<TD class="tr8 td381"><P class="p1481 ft177">Tillgångsklass</P></TD>
<TD class="tr8 td384"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td80"><P class="p32 ft174">Regulatorisk faktor</P></TD>
</TR>
<TR>
<TD class="tr46 td382"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td385"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr9 td381"><P class="p18 ft169">Ränta</P></TD>
<TD class="tr9 td384"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td80"><P class="p1395 ft164">0,5 %</P></TD>
</TR>
<TR>
<TD class="tr46 td382"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td385"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr9 td381"><P class="p18 ft169">Valuta</P></TD>
<TD class="tr9 td384"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td80"><P class="p178 ft164">4 %</P></TD>
</TR>
<TR>
<TD class="tr46 td382"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td385"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr9 td381"><P class="p18 ft169">Kredit</P></TD>
<TD class="tr9 td384"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td80"><P class="p178 ft164">1 %</P></TD>
</TR>
<TR>
<TD class="tr46 td382"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td385"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr9 td381"><P class="p18 ft169">Aktie i ett enda namn</P></TD>
<TD class="tr9 td384"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td80"><P class="p1395 ft164">32 %</P></TD>
</TR>
<TR>
<TD class="tr46 td382"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td385"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr9 td381"><P class="p18 ft169">Aktieindex</P></TD>
<TD class="tr9 td384"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td80"><P class="p1395 ft164">20 %</P></TD>
</TR>
<TR>
<TD class="tr47 td382"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td385"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td353"><P class="p18 ft215"> </P></TD>
</TR>
<TR>
<TD class="tr14 td381"><P class="p18 ft169">Råvaror och utsläppsrätter</P></TD>
<TD class="tr14 td384"><P class="p18 ft178"> </P></TD>
<TD class="tr14 td80"><P class="p1395 ft164">18 %</P></TD>
</TR>
<TR>
<TD class="tr47 td382"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td385"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td353"><P class="p18 ft215"> </P></TD>
</TR>
<TR>
<TD class="tr9 td381"><P class="p18 ft169">Annan</P></TD>
<TD class="tr9 td384"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td80"><P class="p1395 ft164">32 %</P></TD>
</TR>
<TR>
<TD class="tr46 td382"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td385"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1482 ft169"><SPAN class="ft164">8.</SPAN><SPAN class="ft189">En nettningsmängds potentiella framtida exponering ska vara summan av den potentiella framtida exponeringen av alla transaktioner i nettningsmängden, multiplicerad med</SPAN></P>
<P class="p1483 ft166"><SPAN class="ft174">a)</SPAN><SPAN class="ft192">0,42 för nettningsmängder av transaktioner med finansiella och </SPAN><NOBR>icke-finansiella</NOBR> motparter för vilka säkerheter vid behov utväxlas bilateralt med motparten i enlighet med de villkor som fastställs i artikel 11 i förordning (EU) nr 648/2012,</P>
<P class="p1470 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">1 för andra nettningsmängder.</SPAN></P>
<P class="p1484 ft169">Artikel 30</P>
<P class="p1485 ft171">Säkerhet</P>
<P class="p1486 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">För alla säkerheter för både bilaterala transaktioner och clearade transaktioner enligt artikel 25 ska volatilitetsjus teringar göras i enlighet med följande tabell:</SPAN></P>
<P class="p1487 ft169">Tabell 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t142">
<TR>
<TD class="tr37 td386"></TD>
<TD rowspan=2 class="tr5 td387"><P class="p1488 ft164">Tillgångsklass</P></TD>
<TD class="tr37 td388"><P class="p18 ft178"> </P></TD>
<TD class="tr37 td389"><P class="p18 ft178"> </P></TD>
<TD class="tr37 td390"><P class="p160 ft164">Volatilitetsjusteringar –</P></TD>
<TD class="tr37 td391"><P class="p35 ft174">Volatilitetsjusteringar – andra</P></TD>
</TR>
<TR>
<TD class="tr39 td386"></TD>
<TD class="tr38 td131"><P class="p18 ft218"> </P></TD>
<TD class="tr38 td392"><P class="p18 ft218"> </P></TD>
<TD rowspan=2 class="tr45 td393"><P class="p448 ft177">återköpstransaktioner</P></TD>
<TD rowspan=2 class="tr45 td136"><P class="p1395 ft174">transaktioner</P></TD>
</TR>
<TR>
<TD class="tr38 td386"></TD>
<TD class="tr38 td14"><P class="p18 ft218"> </P></TD>
<TD class="tr38 td131"><P class="p18 ft218"> </P></TD>
<TD class="tr38 td392"><P class="p18 ft218"> </P></TD>
</TR>
<TR>
<TD class="tr47 td386"></TD>
<TD class="tr47 td394"><P class="p18 ft215"> </P></TD>
<TD colspan=2 class="tr47 td395"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td396"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td397"><P class="p18 ft215"> </P></TD>
</TR>
<TR>
<TD class="tr8 td386"></TD>
<TD class="tr8 td398"><P class="p18 ft169">Räntebärande värdepapper som</P></TD>
<TD colspan=2 class="tr8 td399"><P class="p80 ft169">≤ 1 år</P></TD>
<TD class="tr8 td393"><P class="p448 ft164">0,707 %</P></TD>
<TD class="tr8 td136"><P class="p1395 ft164">1 %</P></TD>
</TR>
<TR>
<TD class="tr46 td386"></TD>
<TD rowspan=2 class="tr45 td398"><P class="p18 ft164">emitterats av nationella regeringar</P></TD>
<TD class="tr46 td400"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td401"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td396"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td397"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr40 td386"></TD>
<TD colspan=2 rowspan=2 class="tr8 td399"><P class="p80 ft169">> 1 år ≤ 5 år</P></TD>
<TD rowspan=2 class="tr8 td393"><P class="p448 ft164">2,121 %</P></TD>
<TD rowspan=2 class="tr8 td136"><P class="p1395 ft164">3 %</P></TD>
</TR>
<TR>
<TD class="tr40 td386"></TD>
<TD rowspan=3 class="tr37 td398"><P class="p18 ft166">eller centralbanker</P></TD>
</TR>
<TR>
<TD class="tr47 td386"></TD>
<TD class="tr47 td400"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td401"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td396"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td397"><P class="p18 ft215"> </P></TD>
</TR>
<TR>
<TD class="tr47 td386"></TD>
<TD colspan=2 rowspan=2 class="tr8 td399"><P class="p80 ft169">> 5 år</P></TD>
<TD rowspan=2 class="tr8 td393"><P class="p448 ft164">4,243 %</P></TD>
<TD rowspan=2 class="tr8 td136"><P class="p1395 ft164">6 %</P></TD>
</TR>
<TR>
<TD class="tr45 td386"></TD>
<TD class="tr45 td398"><P class="p18 ft178"> </P></TD>
</TR>
<TR>
<TD class="tr47 td386"></TD>
<TD class="tr47 td402"><P class="p18 ft215"> </P></TD>
<TD colspan=2 class="tr47 td395"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td396"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td397"><P class="p18 ft215"> </P></TD>
</TR>
<TR>
<TD class="tr8 td386"></TD>
<TD class="tr8 td398"><P class="p18 ft169">Räntebärande värdepapper som</P></TD>
<TD colspan=2 class="tr8 td399"><P class="p80 ft169">≤ 1 år</P></TD>
<TD class="tr8 td393"><P class="p448 ft164">1,414 %</P></TD>
<TD class="tr8 td136"><P class="p1395 ft164">2 %</P></TD>
</TR>
<TR>
<TD class="tr46 td386"></TD>
<TD rowspan=2 class="tr37 td398"><P class="p18 ft166">emitterats av andra enheter</P></TD>
<TD class="tr46 td400"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td401"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td396"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td397"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr43 td386"></TD>
<TD colspan=2 rowspan=2 class="tr14 td395"><P class="p80 ft169">> 1 år ≤ 5 år</P></TD>
<TD rowspan=2 class="tr14 td396"><P class="p448 ft164">4,243 %</P></TD>
<TD rowspan=2 class="tr14 td397"><P class="p1395 ft164">6 %</P></TD>
</TR>
<TR>
<TD class="tr12 td386"></TD>
<TD class="tr12 td398"><P class="p18 ft219"> </P></TD>
</TR>
<TR>
<TD class="tr8 td386"></TD>
<TD class="tr8 td398"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td131"><P class="p80 ft169">> 5</P></TD>
<TD class="tr8 td392"><P class="p18 ft169">år</P></TD>
<TD class="tr8 td393"><P class="p448 ft164">8,485 %</P></TD>
<TD class="tr8 td136"><P class="p244 ft164">12 %</P></TD>
</TR>
<TR>
<TD class="tr47 td386"></TD>
<TD class="tr47 td402"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td400"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td401"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td396"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td397"><P class="p18 ft215"> </P></TD>
</TR>
<TR>
<TD class="tr8 td386"></TD>
<TD class="tr8 td398"><P class="p18 ft169">Värdepapperiseringspositioner</P></TD>
<TD class="tr8 td131"><P class="p80 ft169">≤ 1</P></TD>
<TD class="tr8 td392"><P class="p18 ft169">år</P></TD>
<TD class="tr8 td393"><P class="p448 ft164">2,828 %</P></TD>
<TD class="tr8 td136"><P class="p1395 ft164">4 %</P></TD>
</TR>
<TR>
<TD class="tr47 td386"></TD>
<TD class="tr46 td398"><P class="p18 ft167"> </P></TD>
<TD class="tr47 td400"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td401"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td396"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td397"><P class="p18 ft215"> </P></TD>
</TR>
<TR>
<TD class="tr4 td386"></TD>
<TD class="tr5 td398"><P class="p18 ft178"> </P></TD>
<TD class="tr4 td400"><P class="p80 ft169">> 1</P></TD>
<TD class="tr4 td401"><P class="p18 ft169">år ≤ 5 år</P></TD>
<TD class="tr4 td396"><P class="p448 ft164">8,485 %</P></TD>
<TD class="tr4 td397"><P class="p244 ft164">12 %</P></TD>
</TR>
<TR>
<TD class="tr8 td386"></TD>
<TD class="tr8 td398"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td131"><P class="p80 ft169">> 5</P></TD>
<TD class="tr8 td392"><P class="p18 ft169">år</P></TD>
<TD class="tr8 td393"><P class="p448 ft164">16,970 %</P></TD>
<TD class="tr8 td136"><P class="p244 ft164">24 %</P></TD>
</TR>
<TR>
<TD class="tr47 td386"></TD>
<TD class="tr47 td402"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td400"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td401"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td396"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td397"><P class="p18 ft215"> </P></TD>
</TR>
<TR>
<TD class="tr8 td386"></TD>
<TD class="tr8 td14"><P class="p18 ft164">Börsnoterade aktier och konvertibler</P></TD>
<TD class="tr8 td131"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td392"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td393"><P class="p78 ft164">14,143 %</P></TD>
<TD class="tr8 td136"><P class="p244 ft164">20 %</P></TD>
</TR>
<TR>
<TD class="tr47 td386"></TD>
<TD class="tr47 td394"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td400"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td401"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td396"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td397"><P class="p18 ft215"> </P></TD>
</TR>
<TR>
<TD class="tr4 td386"></TD>
<TD class="tr4 td394"><P class="p18 ft169">Andra värdepapper och råvaror</P></TD>
<TD class="tr4 td400"><P class="p18 ft178"> </P></TD>
<TD class="tr4 td401"><P class="p18 ft178"> </P></TD>
<TD class="tr4 td396"><P class="p448 ft164">17,678 %</P></TD>
<TD class="tr4 td397"><P class="p244 ft164">25 %</P></TD>
</TR>
<TR>
<TD class="tr8 td386"></TD>
<TD class="tr8 td14"><P class="p18 ft169">Guld</P></TD>
<TD class="tr8 td131"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td392"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td393"><P class="p448 ft164">10,607 %</P></TD>
<TD class="tr8 td136"><P class="p244 ft164">15 %</P></TD>
</TR>
<TR>
<TD class="tr47 td386"></TD>
<TD class="tr47 td394"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td400"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td401"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td396"><P class="p18 ft215"> </P></TD>
<TD class="tr47 td397"><P class="p18 ft215"> </P></TD>
</TR>
<TR>
<TD class="tr8 td386"></TD>
<TD class="tr8 td14"><P class="p18 ft169">Kontanta medel</P></TD>
<TD class="tr8 td131"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td392"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td393"><P class="p448 ft164">0 %</P></TD>
<TD class="tr8 td136"><P class="p1395 ft164">0 %</P></TD>
</TR>
<TR>
<TD class="tr46 td386"></TD>
<TD class="tr46 td394"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td400"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td401"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td396"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td397"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">356</P>
</DIV>
</DIV>
<DIV id="page_357">
<DIV id="p357dimg1">
<INGENBILD zsrc="H803173357x1.jpg/" id="p357img1">
</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/34</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1210 ft169">I tabell 4 ska värdepapperiseringspositioner inte innefatta återvärdepapperiseringspositioner.</P>
<P class="p1489 ft164">De behöriga myndigheterna får ändra volatilitetsjusteringen för vissa typer av råvaror för vilka det finns olika nivåer av prisvolatilitet. De ska underrätta EBA om sådana beslut och ange skälen till ändringarna.</P>
<P class="p1411 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Säkerhetens värde ska beräknas enligt följande:</SPAN></P>
<P class="p1490 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Vid tillämpning av artikel 25.1 a, e och g: värdet av de säkerheter som värdepappersföretaget tagit emot från sin motpart, sänkt i enlighet med tabell 4.</SPAN></P>
<P class="p1473 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">För de transaktioner som avses i artikel 25.1 b, c, d och f: summan av CMV av värdepappersdelen och nettovärdet av de säkerheter som ställs eller tas emot av värdepappersföretaget.</SPAN></P>
<P class="p1480 ft169">För transaktioner för värdepappersfinansiering där båda delarna av transaktionen är värdepapper ska säkerhetens värde vara CMV av det värdepapper som värdepappersföretaget lånat in.</P>
<P class="p1368 ft164">Om värdepappersföretaget köper eller har lånat ut värdepapperet ska CMV av värdepappret behandlas som ett negativt belopp och sänkas, till ett större negativt belopp, med användning av volatilitetsjusteringen i tabell 4. Om värdepappers företaget säljer eller har lånat in värdepapperet ska CMV av värdepappret behandlas som ett positivt belopp och sänkas med användning av volatilitetsjusteringen i tabell 4.</P>
<P class="p1416 ft169">I fall då olika typer av transaktioner omfattas av ett nettningsavtal, med förbehåll för de villkor som fastställs artikel 31, ska de tillämpliga volatilitetsjusteringarna för andra transaktioner i tabell 4 tillämpas på respektive belopp beräknade enligt första stycket a och b per emittent inom varje tillgångsklass.</P>
<P class="p1491 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Om det uppstår en valutaobalans mellan transaktionen och den säkerhet som ställs eller tas emot ska en ytterligare volatilitetsjustering på 8 % göras.</SPAN></P>
<P class="p1363 ft169">Artikel 31</P>
<P class="p1492 ft171">Nettning</P>
<P class="p1217 ft164">Vid tillämpning av detta avsnitt får ett värdepappersföretag för det första behandla kontrakt som helt matchar varandra och som ingår i ett nettningsavtal som om de vore ett enda kontrakt med ett teoretiskt belopp som motsvarar nettointäkterna, för det andra räkna av andra transaktioner som är föremål för novation, där alla förpliktelser mellan värdepappersföretaget och dess motpart automatiskt aggregeras på så sätt att novationen lagligen ersätter tidigare bruttoförpliktelser med ett enda nettobelopp, och för det tredje räkna av andra transaktioner där värdepappersföretaget säkerställer att följande villkor är uppfyllda:</P>
<P class="p1493 ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">Ett nettningsavtal med motparten eller annan överenskommelse ger upphov till en enda juridisk förpliktelse som omfattar alla ingående transaktioner, så att värdepappersföretaget endast antingen skulle ha rätt att fordra eller vara förpliktigad att betala nettosumman av de positiva och negativa marknadsvärdena av de ingående enskilda transaktionerna i händelse av att en motpart inte kan uppfylla sina skyldigheter på grund av något av följande:</SPAN></P>
<P class="p1494 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft197">Fallissemang.</SPAN></P>
<P class="p1373 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft203">Konkurs.</SPAN></P>
<P class="p1495 ft169"><SPAN class="ft169">iii)</SPAN><SPAN class="ft191">Likvidation.</SPAN></P>
<P class="p1495 ft169"><SPAN class="ft164">iv)</SPAN><SPAN class="ft190">Liknande omständigheter.</SPAN></P>
<P class="p1307 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Nettningsavtalet innehåller inte någon klausul som vid en motparts fallissemang medger att en icke försumlig motpart endast behöver betala delvis eller inte alls till den fallerande partens konkursbo, även om den fallerande parten är en nettofordringsägare.</SPAN></P>
<P class="p1496 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Värdepappersföretag har erhållit ett oberoende, skriftligt och motiverat juridiskt yttrande där det konstateras att dess fordringar och förpliktelser i händelse av en rättslig prövning av nettningsavtalet skulle motsvara dem som avses i led a enligt en rättslig ordning enligt följande:</SPAN></P>
<P class="p467 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft197">Lagen i den jurisdiktion där motparten har sitt säte.</SPAN></P>
<P class="p1373 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft203">Om det gäller en motparts filial i ett annat land, lagen i den jurisdiktion där filialen är belägen.</SPAN></P>
<P class="p1495 ft169"><SPAN class="ft169">iii)</SPAN><SPAN class="ft191">Den lag som reglerar de enskilda transaktioner som ingår i nettningsavtalet.</SPAN></P>
<P class="p1495 ft169"><SPAN class="ft164">iv)</SPAN><SPAN class="ft190">Den lag som reglerar varje avtal eller överenskommelse som är nödvändig för att genomföra nettning.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">357</P>
</DIV>
</DIV>
<DIV id="page_358">
<DIV id="p358dimg1">
<INGENBILD zsrc="H803173358x1.jpg/" id="p358img1">
</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/35</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1417 ft169">Artikel 32</P>
<P class="p1497 ft171">Kreditvärdighetsjustering</P>
<P class="p1498 ft169">Vid tillämpningen av detta avsnitt avses med CVA en sådan justering från marknadens mittvärde på portföljen av transaktioner med en motpart som beaktar CMV av motpartens kreditrisk för värdepappersföretaget men inte till CMV av värdepappersföretagets kreditrisk för motparten.</P>
<P class="p1352 ft169">CVA ska vara lika med 1,5 för alla utom följande transaktioner, för vilka CVA ska vara lika med 1:</P>
<P class="p1325 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Transaktioner med </SPAN><NOBR>icke-finansiella</NOBR> motparter enligt definitionen i artikel 2.9 i förordning (EU) nr 648/2012 eller med <NOBR>icke-finansiella</NOBR> motparter etablerade i ett tredjeland, om dessa transaktioner inte överskrider clearingtröskeln enligt artikel 10.3 och 10.4 i den förordningen.</P>
<P class="p40 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Transaktioner inom grupper i enlighet med artikel 3 i förordning (EU) nr 648/2012.</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Transaktioner med lång avvecklingscykel.</SPAN></P>
<P class="p1325 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft191">Transaktioner för värdepappersfinansiering, inbegripet marginalutlåning, såvida inte den behöriga myndigheten fastställer att värdepappersföretagets exponeringar för kreditvärdighetsjusteringsrisk från dessa transaktioner är väsentliga.</SPAN></P>
<P class="p40 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Krediter och lån som avses i artikel 25.1 g.</SPAN></P>
<P class="p1499 ft169">Avsnitt 2</P>
<P class="p1500 ft171">Daglig handelsaktivitet</P>
<P class="p1283 ft169">Artikel 33</P>
<P class="p1501 ft171">Fastställande av DTF för beräkning av <NOBR>K-DTF</NOBR></P>
<P class="p1396 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Vid beräkning av </SPAN><NOBR>K-DTF</NOBR> ska DTF vara det glidande medelvärdet av värdet av den samlade dagliga handelsaktiviteten, fastställt under varje bankdag, under de föregående nio månaderna, exklusive de tre närmast föregående månaderna.</P>
<P class="p1196 ft169">DTF ska vara det aritmetiska medelvärdet av de dagliga fastställda värdena från de resterande sex månaderna.</P>
<P class="p1263 ft169"><NOBR>K-DTF</NOBR> ska beräknas den första bankdagen i varje månad.</P>
<P class="p1300 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">DTF ska fastställas som summan av det absoluta värdet av köp och det absoluta värdet av försäljning för både kontanttransaktioner och derivat i enlighet med följande:</SPAN></P>
<P class="p1470 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">För kontanttransaktioner ska värdet vara det belopp som betalas eller tas emot för varje transaktion.</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">För derivat ska värdet av transaktionen vara kontraktets teoretiska belopp.</SPAN></P>
<P class="p1289 ft169">Det teoretiska beloppet för räntederivat ska justeras för löptiden (i år) för dessa kontrakt. Det teoretiska beloppet ska multipliceras med durationen i följande formel:</P>
<P class="p1287 ft169">Duration=(löptid (i år)) / 10</P>
<P class="p1300 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft189">DTF ska inte omfatta transaktioner som utförts av värdepappersföretag i syfte att tillhandahålla portföljförvaltnings tjänster för investeringsfonders räkning.</SPAN></P>
<P class="p1238 ft169">DTF ska omfatta transaktioner som värdepappersföretaget utför i eget namn på egna eller kunders vägnar.</P>
<P class="p1377 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft181">Om ett värdepappersföretag har haft en daglig handelsaktivitet i mindre än nio månader, ska det vid beräkningen av </SPAN><NOBR>K-DTF</NOBR> använda historiska <NOBR>DTF-data</NOBR> för den period som anges i punkt 1 så snart sådana data blir tillgängliga. Den behöriga myndigheten får ersätta historiska datapunkter som saknas genom tillsynsbeslut baserade på de affärsprognoser som värdepappersföretaget lämnat in i enlighet med artikel 7 i direktiv 2014/65/EU.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">358</P>
</DIV>
</DIV>
<DIV id="page_359">
<DIV id="p359dimg1">
<INGENBILD zsrc="H803173359x1.jpg/" id="p359img1">
</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/36</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1502 ft164">KAPITEL 5</P>
<P class="p1503 ft171">Miljömässiga och sociala mål</P>
<P class="p1504 ft169">Artikel 34</P>
<P class="p1505 ft172">Tillsynsbehandling av tillgångar som exponeras mot verksamheter som är kopplade till miljömässiga eller sociala</P>
<P class="p1506 ft171">mål</P>
<P class="p1507 ft166"><SPAN class="ft164">1.</SPAN><SPAN class="ft194">EBA ska, efter samråd med Europeiska systemrisknämnden, på grundval av tillgängliga uppgifter och slutsatserna från kommissionens högnivågrupp om hållbar finansiering, bedöma huruvida det ur ett tillsynsperspektiv skulle vara motiverat med en särskild tillsynsbehandling – i form av justerade </SPAN><NOBR>K-faktorer</NOBR> eller justerade <NOBR>K-faktorkoefficienter</NOBR> – av tillgångar som exponeras mot verksamheter som är väsentligen kopplade till miljömässiga eller sociala mål. EBA ska särskilt bedöma följande:</P>
<P class="p1508 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">Metodologiska alternativ för att bedöma tillgångsklassers exponering mot verksamheter som är väsentligen kopplade till miljömässiga eller sociala mål.</SPAN></P>
<P class="p1509 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">Särskilda riskprofiler för tillgångar som exponeras mot verksamheter som är väsentligen kopplade till miljömässiga eller sociala mål.</SPAN></P>
<P class="p1366 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Risker relaterade till avskrivningar av tillgångar till följd av regleringsändringar, såsom klimatförändringsåtgärder.</SPAN></P>
<P class="p1510 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft190">Potentiella effekter på den finansiella stabiliteten av särskild tillsynsbehandling av tillgångar som exponeras mot verksamheter som väsentligen är kopplade till miljömässiga eller sociala mål.</SPAN></P>
<P class="p1211 ft166"><SPAN class="ft164">2.</SPAN><SPAN class="ft194">EBA ska överlämna en rapport om sina slutsatser till Europaparlamentet, rådet och kommissionen senast den</SPAN></P>
<P class="p1219 ft169"><SPAN class="ft164">26</SPAN><SPAN class="ft185">december 2021.</SPAN></P>
<P class="p1511 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">På grundval av den rapport som avses i punkt 2 ska kommissionen vid behov lägga fram ett lagstiftningsförslag för Europaparlamentet och rådet.</SPAN></P>
<P class="p1512 ft169">DEL FYRA</P>
<P class="p1513 ft171">KONCENTRATIONSRISK</P>
<P class="p1514 ft169">Artikel 35</P>
<P class="p1515 ft171">Övervakningsskyldighet</P>
<P class="p1365 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Värdepappersföretag ska övervaka och kontrollera sin koncentrationsrisk i enlighet med denna del med hjälp av sunda förvaltnings- och redovisningsmetoder och robusta interna kontrollrutiner.</SPAN></P>
<P class="p1368 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Vid tillämpning av denna del ska begreppen kreditinstitut och värdepappersföretag omfatta privata eller offentliga företag, inklusive filialerna till privata eller offentliga företag, förutsatt att dessa om de varit etablerade i unionen skulle betraktas som kreditinstitut eller värdepappersföretag enligt definitionen i denna förordning och förutsatt att de auktoriserats i ett tredjeland vars tillsyns- och regleringskrav är åtminstone likvärdiga med dem som tillämpas i unionen.</SPAN></P>
<P class="p1504 ft169">Artikel 36</P>
<P class="p1516 ft171">Beräkning av exponeringsvärdet</P>
<P class="p1212 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft175">Ett värdepappersföretag som inte uppfyller villkoren för att anses vara ett litet och icke</SPAN><SPAN class="ft184">‐</SPAN>sammanlänkat värdepappersföretag i artikel 12.1 ska vid tillämpningen av denna del beräkna exponeringsvärdet gentemot en kund eller en grupp av kunder med inbördes anknytning genom sammanläggning av följande poster:</P>
<P class="p1517 ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">Det positiva överskottet av värdepappersföretagets långa positioner över dess korta positioner i alla de finansiella instrument i handelslagret som har emitterats av ifrågavarande kund, med nettopositionen för varje instrument beräknad i enlighet med de bestämmelser som avses i artikel 22 a, b och c.</SPAN></P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/37</P></TD>
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<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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</TABLE>
<P class="p1518 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Exponeringsvärdet för kontrakt och transaktioner som avses i artikel 25.1 med ifrågavarande kund, beräknat på det sätt som fastställs i artikel 27.</SPAN></P>
<P class="p1519 ft164">Vid tillämpning av första stycket a ska ett värdepappersföretag som med avseende på K<SPAN class="ft184">‐</SPAN>faktorkravet för RtM beräknar kapitalbaskraven för positioner i handelslagret i enlighet med den metod som anges i artikel 23 beräkna nettopositionen med avseende på dessa positioners koncentrationsrisk i enlighet med de bestämmelser som avses i artikel 22 a.</P>
<P class="p1377 ft164">Vid tillämpning av första stycket b i denna punkt ska ett värdepappersföretag som med avseende på <NOBR>K-TCD</NOBR> beräknar kapitalbaskraven genom tillämpning av de metoder som avses i artikel 25.4 i denna förordning beräkna exponeringsvärdet för de kontrakt och transaktioner som avses i artikel 25.1 i denna förordning genom tillämpning av de metoder som anges i del tre avdelning II kapitel 6 avsnitt 3, 4 eller 5 i förordning (EU) nr 575/2013.</P>
<P class="p1520 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Exponeringsvärdet med avseende på en grupp av kunder med inbördes anknytning ska beräknas genom sammanläggning av exponeringarna mot enskilda kunder inom gruppen, vilka ska behandlas som en enda exponering.</SPAN></P>
<P class="p1521 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft189">Vid beräkningen av exponeringsvärdet med avseende på en kund eller en grupp av kunder med inbördes anknytning ska värdepappersföretag vidta alla rimliga åtgärder för att identifiera underliggande tillgångar i relevanta transaktioner och motparten i de underliggande exponeringarna.</SPAN></P>
<P class="p1522 ft169">Artikel 37</P>
<P class="p1523 ft171">Gränsvärden för koncentrationsrisk och överskridande av exponeringsvärde</P>
<P class="p1289 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Ett värdepappersföretags gränsvärde för ett exponeringsvärdes koncentrationsrisk gentemot en enskild kund eller grupp av kunder med inbördes anknytning ska vara 25 % av dess kapitalbas.</SPAN></P>
<P class="p1524 ft164">Om den enskilda kunden är ett kreditinstitut eller ett värdepappersföretag, eller när en grupp av kunder med inbördes anknytning innefattar ett eller flera kreditinstitut eller värdepappersföretag, ska gränsvärdet för koncentrationsrisk vara det högre av 25 % av värdepappersföretagets kapitalbas och 150 miljoner EUR, förutsatt att gränsvärdet för koncentrationsrisk förblir 25 % av värdepappersföretagets kapitalbas när det gäller de samlade exponeringarna mot alla kunder med inbördes anknytning som inte är kreditinstitut eller värdepappersföretag.</P>
<P class="p1521 ft169">Om 150 miljoner EUR är mer än 25 % av värdepappersföretagets kapitalbas får gränsvärdet för koncentrationsrisk inte överstiga 100 % av värdepappersföretagets kapitalbas.</P>
<P class="p1519 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Om de gränsvärden som avses i punkt 1 överskrids ska ett värdepappersföretag uppfylla den anmälningsskyldighet som fastställs i artikel 38 och uppfylla ett kapitalbaskrav för överskridandet av exponeringsvärdet i enlighet med artikel 39.</SPAN></P>
<P class="p1289 ft169">Värdepappersföretag ska beräkna ett överskridande av exponeringsvärdet med avseende på en enskild kund eller grupp av kunder med inbördes anknytning i enlighet med följande formel:</P>
<P class="p1525 ft169">överskridande av <NOBR>exponeringsvärde=EV-L</NOBR></P>
<P class="p1238 ft169">där</P>
<P class="p1287 ft169">EV = exponeringsvärde beräknat på det sätt som fastställs i artikel 36, och</P>
<P class="p1287 ft169">L = gränsvärde för koncentrationsrisk fastställt i enlighet med punkt 1 i denna artikel.</P>
<P class="p1420 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Exponeringsvärdet gentemot en enskild kund eller grupp av kunder med inbördes anknytning ska inte överskrida följande:</SPAN></P>
<P class="p1206 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">500 % av värdepappersföretagets kapitalbas om högst tio dagar har förflutit sedan överskridandet uppkom.</SPAN></P>
<P class="p1236 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Sammanlagt 600 % av värdepappersföretagets kapitalbas för varje överskridande som har förelegat i över tio dagar.</SPAN></P>
<P class="p1417 ft169">Artikel 38</P>
<P class="p1526 ft171">Anmälningsskyldighet</P>
<P class="p1326 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Om de gränsvärden som anges i artikel 37 överskrids ska värdepappersföretaget utan dröjsmål till de behöriga myndigheterna anmäla med vilket belopp de överskridits, namnet på den berörda enskilda kunden och, i tillämpliga fall, namnet på den berörda gruppen av kunder med inbördes anknytning.</SPAN></P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/38</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1429 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">Behöriga myndigheter får bevilja värdepappersföretaget en begränsad tidsfrist för att rätta sig efter det gränsvärde som avses i artikel 37.</SPAN></P>
<P class="p1527 ft169">Artikel 39</P>
<P class="p1528 ft171">Beräkning av <NOBR>K-CON</NOBR></P>
<P class="p1410 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Kapitalbaskravet för </SPAN><NOBR>K-CON</NOBR> ska vara det totala beloppet av det kapitalbaskrav som beräknats för varje kund eller grupp av kunder med inbördes anknytning såsom kapitalbaskravet på tillämplig rad i tabell 6 kolumn 1 som utgör en del av det totala enskilda överskridandet, multiplicerat med</P>
<P class="p1366 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">200 % om överskridandet inte har förelegat i mer än tio dagar,</SPAN></P>
<P class="p1477 ft164"><SPAN class="ft174">b)</SPAN><SPAN class="ft193">motsvarande faktor i tabell 6 kolumn 2, efter perioden om tio dagar beräknad från och med den dag då överskridandet uppkom, genom att placera varje andel av överskridandet på tillämplig rad i tabell 6 kolumn 1.</SPAN></P>
<P class="p1242 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Kapitalbaskravet för det överskridande som avses i punkt 1 ska beräknas i enlighet med följande formel:</SPAN></P>
<P class="p1529 ft169">där</P>
<P class="p1411 ft169">OFRE = kapitalbaskravet för överskridandet,</P>
<P class="p1530 ft169">OFR = kapitalbaskrav för exponeringar mot en enskild kund eller grupper av kunder med inbördes anknytning, beräknat genom sammanläggning av kapitalbaskraven för exponeringarna mot de enskilda kunderna inom gruppen, vilka ska behandlas som en enda exponering,</P>
<P class="p1432 ft169">EV = exponeringsvärde beräknat på det sätt som fastställs i artikel 36,</P>
<P class="p1247 ft169">EVE = överskridande av exponeringsvärde beräknat på det sätt som fastställs i artikel 37.2.</P>
<P class="p1416 ft164">Vid beräkning av <NOBR>K-CON</NOBR> ska kapitalbaskraven för exponeringar som härrör från det positiva överskottet av ett värdepappersföretags långa positioner över dess korta positioner i alla de finansiella instrument i handelslagret som har emitterats av ifrågavarande kund, med varje instruments nettoposition beräknad i enlighet med de bestämmelser som avses i artikel 22 a, b och c, endast innefatta krav för specifik risk.</P>
<P class="p1315 ft164">Ett värdepappersföretag som med avseende på <NOBR>K-faktorkravet</NOBR> för RtM beräknar kapitalbaskraven för positioner i handelslagret i enlighet med den metod som fastställs i artikel 23 ska beräkna kapitalbaskravet för exponeringen avseende dessa positioners koncentrationsrisk i enlighet med de bestämmelser som avses i artikel 22 a.</P>
<P class="p1531 ft169">Tabell 6</P>
<TABLE cellpadding=0 cellspacing=0 class="t143">
<TR>
<TD class="tr37 td403"><P class="p1532 ft164">Kolumn 1:</P></TD>
<TD class="tr37 td404"><P class="p206 ft164">Kolumn 2:</P></TD>
</TR>
<TR>
<TD class="tr45 td380"><P class="p79 ft174">Överskridande av exponeringsvärde som en procentandel av kapitalbasen</P></TD>
<TD class="tr45 td55"><P class="p244 ft174">Faktorer</P></TD>
</TR>
<TR>
<TD class="tr40 td405"><P class="p18 ft220"> </P></TD>
<TD class="tr40 td406"><P class="p18 ft220"> </P></TD>
</TR>
<TR>
<TD class="tr14 td380"><P class="p18 ft169">Upp till 40 %</P></TD>
<TD class="tr14 td55"><P class="p1395 ft164">200 %</P></TD>
</TR>
<TR>
<TD class="tr40 td405"><P class="p18 ft220"> </P></TD>
<TD class="tr40 td406"><P class="p18 ft220"> </P></TD>
</TR>
<TR>
<TD class="tr9 td380"><P class="p18 ft169">Från 40 % till 60 %</P></TD>
<TD class="tr9 td55"><P class="p1395 ft164">300 %</P></TD>
</TR>
<TR>
<TD class="tr40 td405"><P class="p18 ft220"> </P></TD>
<TD class="tr40 td406"><P class="p18 ft220"> </P></TD>
</TR>
<TR>
<TD class="tr9 td380"><P class="p18 ft169">Från 60 % till 80 %</P></TD>
<TD class="tr9 td55"><P class="p1395 ft164">400 %</P></TD>
</TR>
<TR>
<TD class="tr40 td405"><P class="p18 ft220"> </P></TD>
<TD class="tr40 td406"><P class="p18 ft220"> </P></TD>
</TR>
<TR>
<TD class="tr9 td380"><P class="p18 ft169">Från 80 % till 100 %</P></TD>
<TD class="tr9 td55"><P class="p1395 ft164">500 %</P></TD>
</TR>
<TR>
<TD class="tr40 td405"><P class="p18 ft220"> </P></TD>
<TD class="tr40 td406"><P class="p18 ft220"> </P></TD>
</TR>
<TR>
<TD class="tr9 td380"><P class="p18 ft169">Från 100 % till 250 %</P></TD>
<TD class="tr9 td55"><P class="p1395 ft164">600 %</P></TD>
</TR>
<TR>
<TD class="tr43 td405"><P class="p18 ft221"> </P></TD>
<TD class="tr43 td406"><P class="p18 ft221"> </P></TD>
</TR>
<TR>
<TD class="tr9 td380"><P class="p18 ft169">Över 250 %</P></TD>
<TD class="tr9 td55"><P class="p1395 ft164">900 %</P></TD>
</TR>
<TR>
<TD class="tr40 td405"><P class="p18 ft220"> </P></TD>
<TD class="tr40 td406"><P class="p18 ft220"> </P></TD>
</TR>
</TABLE>
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<P class="p14 ft2">361</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/39</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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<P class="p1417 ft169">Artikel 40</P>
<P class="p1533 ft171">Förfaranden för att förhindra att värdepappersföretag undviker kapitalbaskravet för <NOBR>K-CON</NOBR></P>
<P class="p1498 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Värdepappersföretag får inte tillfälligt överföra exponeringar som överskrider gränsvärdet i artikel 37.1 till ett annat företag, inom eller utanför samma koncern, eller företa skentransaktioner för att stänga exponeringarna under den tiodagarsperiod som avses i artikel 39 och skapa nya exponeringar.</SPAN></P>
<P class="p1534 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Värdepappersföretag ska ha system som säkerställer att varje sådan överföring som avses i punkt 1 omedelbart anmäls till de behöriga myndigheterna.</SPAN></P>
<P class="p1535 ft169">Artikel 41</P>
<P class="p1536 ft171">Undantag</P>
<P class="p1196 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Följande exponeringar ska vara undantagna från de krav som anges i artikel 37:</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Exponeringar som i sin helhet dras av från ett värdepappersföretags kapitalbas.</SPAN></P>
<P class="p1537 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Exponeringar som uppkommit i samband med normal avveckling av betalningstjänster, transaktioner i utländsk valuta, värdepapperstransaktioner och tillhandahållande av penningöverföring.</SPAN></P>
<P class="p1470 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Exponeringar som utgör fordringar mot följande:</SPAN></P>
<P class="p1538 ft164"><SPAN class="ft174">i)</SPAN><SPAN class="ft182">Nationella regeringar, centralbanker, offentliga organ, internationella organisationer eller multilaterala utvecklingsbanker och exponeringar garanterade av eller gentemot sådana personer, om dessa exponeringar åsätts 0 % riskvikt enligt artiklarna </SPAN><NOBR>114–118</NOBR> i förordning (EU) nr 575/2013.</P>
<P class="p1539 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft203">Delstatliga och lokala självstyrelseorgan och myndigheter i länder som är medlemmar i Europeiska ekonomiska samarbetsområdet.</SPAN></P>
<P class="p1540 ft169"><SPAN class="ft169">iii)</SPAN><SPAN class="ft191">Centrala motparter och bidrag från obeståndsfonden till centrala motparter.</SPAN></P>
<P class="p1209 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Behöriga myndigheter får helt eller delvis undanta följande exponeringar från tillämpningen av artikel 37:</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Säkerställda obligationer.</SPAN></P>
<P class="p1541 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Ett värdepappersföretags exponeringar gentemot sitt moderföretag, andra dotterföretag till moderföretaget eller sina egna dotterföretag, i den mån dessa företag är föremål för gruppbaserad tillsyn i enlighet med artikel 7 i denna förordning eller förordning (EU) nr 575/2013, eller står under tillsyn för kontroll av att de uppfyller villkoren i gruppkapitaltestet i enlighet med artikel 8 i denna förordning eller står under tillsyn i enlighet med likvärdiga gällande standarder i ett tredjeland, under förutsättning att följande villkor är uppfyllda:</SPAN></P>
<P class="p1542 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft211">Det finns inte några rådande eller förutsebara väsentliga praktiska eller rättsliga hinder för att moderföretaget snabbt ska kunna överföra kapital eller återbetala skulder.</SPAN></P>
<P class="p1543 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft191">Moderföretagets förfaranden för bedömning, mätning och kontroll av risker omfattar även enheten i den finansiella sektorn.</SPAN></P>
<P class="p1544 ft169">Artikel 42</P>
<P class="p1545 ft171">Undantag för råvaruhandlare och utsläppsrättshandlare</P>
<P class="p1546 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Bestämmelserna i denna del är inte tillämpliga på råvaruhandlare och utsläppsrättshandlare om samtliga följande villkor är uppfyllda:</SPAN></P>
<P class="p1470 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Den andra motparten är en </SPAN><NOBR>icke-finansiell</NOBR> motpart.</P>
<P class="p1236 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Båda motparterna omfattas av lämpliga centraliserade förfaranden för bedömning, värdering och kontroll av risker.</SPAN></P>
<P class="p1397 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Transaktionen kan bedömas minska de risker som är direkt kopplade till den icke</SPAN><SPAN class="ft206">‐</SPAN>finansiella motpartens eller den koncernens affärsverksamhet eller likviditetsförvaltning.</P>
<P class="p1287 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Värdepappersföretag ska underrätta den behöriga myndigheten innan de utnyttjar det undantag som avses i punkt 1.</SPAN></P>
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<P class="p14 ft2">362</P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/40</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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</TABLE>
<P class="p1330 ft169">DEL FEM</P>
<P class="p1547 ft171">LIKVIDITET</P>
<P class="p1504 ft169">Artikel 43</P>
<P class="p1548 ft171">Likviditetskrav</P>
<P class="p1456 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Värdepappersföretag ska inneha likvida tillgångar till ett belopp motsvarande minst en tredjedel av kravet baserat på fasta omkostnader beräknat enligt artikel 13.1.</SPAN></P>
<P class="p1549 ft164">Genom undantag från första stycket i denna punkt får behöriga myndigheter undanta värdepappersföretag som uppfyller villkoren för att anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersföretag i artikel 12.1 från tillämpning av första stycket i denna punkt och ska vederbörligen underrätta EBA om detta.</P>
<P class="p1530 ft169">Vid tillämpning av första stycket ska likvida tillgångar vara något av följande, utan begränsning vad gäller deras sammansättning:</P>
<P class="p1550 ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">De tillgångar som avses i artiklarna </SPAN><NOBR>10–13</NOBR> i delegerad förordning (EU) 2015/61, med förbehåll för samma villkor i fråga om urvalskriterier och samma tillämpliga nedsättningar som dem som anges i de artiklarna.</P>
<P class="p1551 ft166"><SPAN class="ft174">b)</SPAN><SPAN class="ft192">De tillgångar som avses i artikel 15 i delegerad förordning (EU) 2015/61, upp till ett absolut belopp på 50 miljoner EUR eller motsvarande belopp i inhemsk valuta, med förbehåll för samma villkor i fråga om urvalskriterier, med undantag för det tröskelvärde på 500 miljoner EUR som avses i artikel 15.1 i den förordningen, och samma tillämpliga nedsättningar som dem som anges i den artikeln.</SPAN></P>
<P class="p1214 ft164"><SPAN class="ft174">c)</SPAN><SPAN class="ft193">Finansiella instrument som inte omfattas av detta stycke a och b som handlas på en handelsplats för vilken det finns en likvid marknad enligt definitionen i artikel 2.1.17 i förordning (EU) nr 600/2014 och i artiklarna </SPAN><NOBR>1–5</NOBR> i kommissionens delegerade förordning (EU) 2017/567 (<SPAN class="ft176">26</SPAN>), och som är föremål för en nedsättning på 55 %.</P>
<P class="p1375 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Icke intecknad kortfristig inlåning hos ett kreditinstitut.</SPAN></P>
<P class="p1552 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Kontanter, kortfristig inlåning och finansiella instrument som tillhör kunder, även om de innehas av värdepappers företaget i eget namn, ska inte behandlas som likvida tillgångar vid tillämpningen av punkt 1.</SPAN></P>
<P class="p1217 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Vid tillämpning av punkt 1 i denna artikel får värdepappersföretag som uppfyller villkoren för att anses vara små och </SPAN><NOBR>icke-sammanlänkade</NOBR> värdepappersföretag i artikel 12.1 i denna förordning och värdepappersföretag som inte uppfyller villkoren för att anses vara små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag i artikel 12.1 i denna förordning men som inte bedriver någon av de verksamheter som anges i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU även inkludera kundfordringar samt avgifter eller provisioner som ska betalas inom 30 dagar i sina likvida tillgångar, om fordringarna uppfyller de följande villkoren:</P>
<P class="p1553 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">De utgör högst en tredjedel av de minimilikviditetskrav som avses i punkt 1 i denna artikel.</SPAN></P>
<P class="p1457 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">De ska inte räknas med i några ytterligare likviditetskrav som ställs av den behöriga myndigheten för företagsspecifika risker i enlighet med artikel 39.2 k i direktiv (EU) 2019/2034.</SPAN></P>
<P class="p1366 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">De är föremål för en nedsättning på 50 %.</SPAN></P>
<P class="p1212 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">Vid tillämpningen av punkt 1 andra stycket ska EBA i samråd med Esma utfärda riktlinjer som ytterligare specificerar de kriterier som de behöriga myndigheterna får beakta när de undantar värdepappersföretag som uppfyller villkoren för att anses vara små och icke</SPAN><SPAN class="ft184">‐</SPAN>sammanlänkade värdepappersföretag i artikel 12.1 från likviditetskravet.</P>
<P class="p1554 ft169">Artikel 44</P>
<P class="p1555 ft171">Tillfällig sänkning av likviditetskravet</P>
<P class="p1456 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Värdepappersföretag får, under exceptionella omständigheter och efter den behöriga myndighetens godkännande, minska sitt innehav av likvida tillgångar.</SPAN></P>
<P class="p1556 ft164">(<SPAN class="ft176">26</SPAN>) Kommissionens delegerade förordning (EU) 2017/567 av den 18 maj 2016 om komplettering av Europaparlamentets och rådets förordning (EU) nr 600/2014 avseende definitioner, transparens, portföljkompression och tillsynsåtgärder beträffande produktingripande och positioner (EUT L 87, 31.3.2017, s. 90).</P>
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<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/41</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1441 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Det likviditetskrav som anges i artikel 43.1 ska åter vara uppfyllt inom 30 dagar från den ursprungliga sänkningen.</SPAN></P>
<P class="p1557 ft169">Artikel 45</P>
<P class="p1558 ft171">Kundgarantier</P>
<P class="p1196 ft169">Ett värdepappersföretag ska öka sina likvida tillgångar med 1,6 % av de samlade garantier som beviljats kunder.</P>
<P class="p1559 ft169">DEL SEX</P>
<P class="p1560 ft171">VÄRDEPAPPERSFÖRETAGENS OFFENTLIGGÖRANDE AV INFORMATION</P>
<P class="p1403 ft169">Artikel 46</P>
<P class="p1561 ft171">Tillämpningsområde</P>
<P class="p1521 ft166"><SPAN class="ft164">1.</SPAN><SPAN class="ft194">Värdepappersföretag som inte uppfyller villkoren för att anses vara ett litet och icke</SPAN><SPAN class="ft206">‐</SPAN>sammanlänkat värdepappersföretag i artikel 12.1 ska offentliggöra den information som anges i denna del samma dag som de offentliggör sin årsredovisning.</P>
<P class="p1442 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft181">Värdepappersföretag som uppfyller villkoren för att anses vara ett litet och icke</SPAN><SPAN class="ft184">‐</SPAN>sammanlänkat värdepappersföretag i artikel 12.1 och som emitterar primärkapitaltillskott ska offentliggöra den information som anges i artiklarna 47, 49 och</P>
<P class="p40 ft169"><SPAN class="ft164">50</SPAN><SPAN class="ft200">samma dag som de offentliggör sin årsredovisning.</SPAN></P>
<P class="p1326 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft181">Om ett värdepappersföretag inte längre uppfyller samtliga villkor för att anses vara ett litet och </SPAN><NOBR>icke-sammanlänkat</NOBR> värdepappersföretag i artikel 12.1 ska det offentliggöra den information som anges i denna del från och med det räkenskapsår som följer på det räkenskapsår då det upphörde att uppfylla dessa villkor.</P>
<P class="p1329 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft181">Värdepappersföretag får själva fastställa lämpligt informationsmedium och lämplig publiceringsplats för att effektivt uppfylla de krav på offentliggörande av information som avses i punkterna 1 och 2. All information ska om möjligt offentliggöras via samma medium eller på samma plats. Om samma eller liknande information lämnas i två eller flera medier ska en hänvisning till den liknande informationen i de andra medierna införas i vart och ett av medierna.</SPAN></P>
<P class="p1283 ft169">Artikel 47</P>
<P class="p1562 ft171">Riskhanteringsmål och riskhanteringspolicy</P>
<P class="p1377 ft164">Värdepappersföretag ska offentliggöra sina mål och sin policy för riskhantering för varje separat riskkategori som anges i delarna tre, fyra och fem, i enlighet med artikel 46, inbegripet en sammanfattning av sina strategier och processer för att hantera dessa risker samt en kortfattad riskförklaring som godkänts av värdepappersföretagets ledningsorgan och som ger en kortfattad beskrivning av värdepappersföretagets övergripande riskprofil i samband med affärsstrategin.</P>
<P class="p1283 ft169">Artikel 48</P>
<P class="p1558 ft171">Bolagsstyrning</P>
<P class="p1196 ft169">Värdepappersföretag ska offentliggöra följande information rörande sin interna bolagsstyrning, i enlighet med artikel 46:</P>
<P class="p1236 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Antal styrelseuppdrag som medlemmarna i ledningsorganet har.</SPAN></P>
<P class="p1537 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Mångfaldspolicy när det gäller utnämning av medlemmar till ledningsorganet, dess mål och eventuella riktmärken enligt policyn, samt i vilken utsträckning dessa mål och riktmärken har uppnåtts.</SPAN></P>
<P class="p1563 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Huruvida värdepappersföretaget har inrättat en separat riskkommitté och hur många gånger denna kommitté har sammanträtt årligen.</SPAN></P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/42</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1564 ft169">Artikel 49</P>
<P class="p1565 ft171">Kapitalbas</P>
<P class="p1218 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Värdepappersföretag ska offentliggöra följande information rörande sin kapitalbas, i enlighet med artikel 46:</SPAN></P>
<P class="p1214 ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">En fullständig avstämning av kärnprimärkapitalposter, övrigt primärkapital, supplementärkapitalposter samt tillämpliga filter och avdrag som tillämpats på värdepappersföretagets kapitalbas och balansräkningen i värdepappersföretagets reviderade årsredovisning.</SPAN></P>
<P class="p1459 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">En beskrivning av de viktigaste egenskaperna hos kärnprimärkapitalinstrument, primärkapitaltillskott och supplemen tärkapitalinstrument som emitterats av värdepappersföretaget.</SPAN></P>
<P class="p1309 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">En beskrivning av samtliga begränsningar som tillämpats på beräkningen av kapitalbasen i enlighet med denna förordning och de instrument och avdrag som dessa begränsningar är tillämpliga på.</SPAN></P>
<P class="p1566 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">EBA ska, i samråd med Esma, utarbeta ett förslag till tekniska genomförandestandarder för att fastställa mallar för de offentliggörande enligt punkt 1 a, b och c.</SPAN></P>
<P class="p1567 ft169">EBA ska överlämna detta förslag till tekniska genomförandestandarder till kommissionen senast den 26 juni 2021.</P>
<P class="p1511 ft169">Kommissionen ges befogenhet att anta de tekniska genomförandestandarder som avses i första stycket i enlighet med artikel 15 i förordning (EU) nr 1093/2010.</P>
<P class="p1363 ft169">Artikel 50</P>
<P class="p1568 ft171">Kapitalbaskrav</P>
<P class="p1569 ft164">Värdepappersföretag ska offentliggöra följande information om huruvida de uppfyller kraven i artikel 11.1 i denna förordning och i artikel 24 i direktiv (EU) 2019/2034, i enlighet med artikel 46 i denna förordning:</P>
<P class="p1478 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">En sammanfattning av värdepappersföretagets metod för bedömning av om det interna kapitalet är tillräckligt för att ligga till grund för aktuell och framtida verksamhet.</SPAN></P>
<P class="p1570 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">På den behöriga myndighetens begäran, resultatet av värdepappersföretagets interna process för bedömning av kapitalbehov, inbegripet sammansättningen av den ytterligare kapitalbasen grundad på den översynsprocess som avses i artikel 39.2 a i direktiv (EU) 2019/2034.</SPAN></P>
<P class="p1571 ft169"><SPAN class="ft174">c)</SPAN><NOBR><SPAN class="ft190">K-faktorkraven</SPAN></NOBR> beräknade, i enlighet med artikel 15 i denna förordning, i aggregerad form för RtM, RtF och RtC, på grundval av summan av de tillämpliga <NOBR>K-faktorerna.</NOBR></P>
<P class="p1374 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Det krav baserat på fasta omkostnader som fastställts i enlighet med artikel 13 i denna förordning.</SPAN></P>
<P class="p1514 ft169">Artikel 51</P>
<P class="p1572 ft171">Ersättningspolicy och ersättningspraxis</P>
<P class="p1217 ft164">Värdepappersföretag ska offentliggöra följande information om sin ersättningspolicy och ersättningspraxis, inbegripet aspekter som rör könsneutralitet och lönegapet mellan kvinnor och män, för de personalkategorier vars yrkesutövning har väsentlig inverkan på värdepappersföretagets riskprofil, i enlighet med artikel 46:</P>
<P class="p1573 ft166"><SPAN class="ft174">a)</SPAN><SPAN class="ft192">Ersättningssystemets viktigaste kännetecken, inbegripet nivån på rörlig ersättning och kriterier för tilldelningen av rörlig ersättning, policy för utbetalning i instrument, policy för uppskjuten ersättning och kriterier för erhållande av rättigheter.</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Förhållandet mellan fast och rörlig ersättning angivet i enlighet med artikel 30.2 i direktiv (EU) 2019/2034.</SPAN></P>
<P class="p1455 ft164"><SPAN class="ft174">c)</SPAN><SPAN class="ft193">Aggregerad kvantitativ information om ersättningar, fördelat på personer i ledande befattning och den personal som väsentligt kan påverka värdepappersföretagets riskprofil, med angivande av följande:</SPAN></P>
<P class="p1574 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft222">Ersättningsbelopp under räkenskapsåret, fördelat på fast ersättning med en beskrivning av fasta lönedelar och rörlig ersättning, samt antal mottagare.</SPAN></P>
<P class="p1575 ft164"><SPAN class="ft174">ii)</SPAN><SPAN class="ft182">Rörliga ersättningsbelopp och former av rörlig ersättning, fördelat på kontant ersättning, aktier och aktierelaterade instrument och andra typer separat för den del som betalas ut direkt och den uppskjutna delen.</SPAN></P>
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<P class="p14 ft2">365</P>
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<DIV id="p366dimg1">
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<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/43</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1576 ft169"><SPAN class="ft169">iii)</SPAN><SPAN class="ft203">Uppskjutna ersättningsbelopp under föregående resultatperioder, fördelat på den del där äganderätten övergår under räkenskapsåret och den del där äganderätten övergår påföljande år.</SPAN></P>
<P class="p1577 ft169"><SPAN class="ft164">iv)</SPAN><SPAN class="ft203">Uppskjutna ersättningsbelopp där äganderätten övergår och betalas ut under räkenskapsåret, reducerat genom resultatjusteringar.</SPAN></P>
<P class="p1578 ft169"><SPAN class="ft164">v)</SPAN><SPAN class="ft197">Garanterad rörlig ersättning under räkenskapsåret och antal mottagare av sådan ersättning.</SPAN></P>
<P class="p1579 ft169"><SPAN class="ft164">vi)</SPAN><SPAN class="ft203">Avgångsvederlag som beviljats under föregående perioder och betalats ut under räkenskapsåret.</SPAN></P>
<P class="p1580 ft164"><SPAN class="ft164">vii)</SPAN><SPAN class="ft198">Avgångsvederlag som beviljats under räkenskapsåret, fördelat på den del som betalats ut direkt och den del som har skjutits upp, antal mottagare av sådana betalningar och den största utbetalning som har gjorts till en enskild person.</SPAN></P>
<P class="p1352 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft191">Information om huruvida värdepappersföretaget omfattas av ett undantag enligt artikel 32.4 i direktiv (EU) 2019/2034.</SPAN></P>
<P class="p1329 ft164">Vid tillämpning av första stycket d ska värdepappersföretag som omfattas av ett sådant undantag ange om undantaget beviljats med stöd av led a eller led b i artikel 32.4 i direktiv (EU) 2019/2034, eller med stöd av bådadera. De ska även ange för vilka av ersättningsprinciperna som de tillämpar undantaget eller undantagen, antal anställda som omfattas av undantaget eller undantagen och deras totala ersättning, fördelat på fast respektive rörlig ersättning.</P>
<P class="p1205 ft169">Tillämpningen av denna artikel ska inte påverka tillämpningen av bestämmelserna i Europaparlamentets och rådets förordning (EU) 2016/679 (<SPAN class="ft173">27</SPAN>).</P>
<P class="p1283 ft169">Artikel 52</P>
<P class="p1426 ft171">Investeringspolicy</P>
<P class="p1396 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Medlemsstaterna ska säkerställa att värdepappersföretag som inte uppfyller de kriterier som anges i artikel 32.4 a i direktiv (EU) 2019/2034 offentliggör följande i enlighet med artikel 46 i denna förordning:</SPAN></P>
<P class="p1351 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Andelen rösträtter som är knutna till aktier som innehas direkt eller indirekt av värdepappersföretaget, fördelat på medlemsstat och sektor.</SPAN></P>
<P class="p1581 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">En fullständig beskrivning av röstningsbeteendet vid bolagsstämmorna i de företag vilkas aktier innehas i enlighet med punkt 2, röstmotiveringar och den andel förslag från företagets förvaltnings- eller ledningsorgan som värdepappers företaget har godkänt.</SPAN></P>
<P class="p1206 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">En förklaring av användningen av röstningsrådgivningsföretag.</SPAN></P>
<P class="p1208 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft191">Röstningsriktlinjerna för de företag vilkas aktier innehas i enlighet med punkt 2.</SPAN></P>
<P class="p1419 ft166">Det krav på offentliggörande av information som avses i första stycket b ska inte tillämpas om de avtalsmässiga arrangemangen för alla aktieägare som företräds av värdepappersföretaget vid bolagsstämman inte ger värdepappers företaget tillstånd att rösta på deras vägnar såvida inte aktieägarna ger uttryckliga röstningsorder efter att ha mottagit dagordningen för mötet.</P>
<P class="p1329 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Det värdepappersföretag som avses i punkt 1 ska efterleva den punkten endast avseende varje företag vars aktier har tagits upp till handel på en reglerad marknad och endast avseende de aktier som medför rösträtt, där andelen rösträtter som värdepappersföretaget innehar, direkt eller indirekt, överstiger tröskelvärdet på 5 % av alla rösträtter som är knutna till de aktier som företaget emitterat. Rösträtterna ska beräknas på grundval av alla aktier som medför rösträtt även om utövandet av rösträtterna tillfälligt har upphävts.</SPAN></P>
<P class="p1381 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">EBA ska, i samråd med Esma, utarbeta ett förslag till tekniska tillsynsstandarder för att specificera mallar för offentlig görandet av information enligt punkt 1.</SPAN></P>
<P class="p1209 ft169">EBA ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 juni 2021.</P>
<P class="p1329 ft164">Kommissionen ges befogenhet att komplettera denna förordning genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
<P class="p1405 ft164">(<SPAN class="ft176">27</SPAN>) Europaparlamentets och rådets förordning (EU) 2016/679 av den 27 april 2016 om skydd för fysiska personer med avseende på behandling av personuppgifter och om det fria flödet av sådana uppgifter och om upphävande av direktiv 95/46/EG (allmän dataskyddsförordning) (EUT L 119, 4.5.2016, s. 1).</P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
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<TD class="tr8 td80"><P class="p18 ft166">L 314/44</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
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<P class="p1564 ft169">Artikel 53</P>
<P class="p1582 ft171">Risker avseende miljö, samhällsansvar och bolagsstyrning</P>
<P class="p1217 ft164">Från och med den 26 december 2022 ska värdepappersföretag som inte uppfyller de kriterier som anges i artikel 32.4 i direktiv (EU) 2019/2034 offentliggöra information om risker avseende miljö, samhällsansvar och bolagsstyrning, däribland fysiska risker och övergångsrisker, enligt definitionen i den rapport som avses i artikel 35 i direktiv (EU) 2019/2034.</P>
<P class="p1218 ft169">Den information som avses i första stycket ska offentliggöras en gång under det första året och därefter halvårsvis.</P>
<P class="p1583 ft169">DEL SJU</P>
<P class="p1584 ft171">VÄRDEPAPPERSFÖRETAGENS RAPPORTERING</P>
<P class="p1514 ft169">Artikel 54</P>
<P class="p1585 ft171">Rapporteringskrav</P>
<P class="p1586 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Värdepappersföretag ska varje kvartal rapportera alla följande uppgifter till de behöriga myndigheterna:</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Kapitalbasens storlek och sammansättning.</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Kapitalbaskrav.</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Beräkningar av kapitalbaskrav.</SPAN></P>
<P class="p1490 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Verksamhetsnivå med avseende på villkoren i artikel 12.1, inbegripet balansräkning och intäkter fördelade per investeringstjänst och tillämplig </SPAN><NOBR>K-faktor.</NOBR></P>
<P class="p1366 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Koncentrationsrisk.</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">f)</SPAN><SPAN class="ft211">Likviditetskrav.</SPAN></P>
<P class="p1587 ft164">Genom undantag från första stycket ska värdepappersföretag som uppfyller villkoren för att anses vara ett litet och icke- sammanlänkat värdepappersföretag i artikel 12.1 lämna in sådana rapporter en gång per år.</P>
<P class="p1588 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">De uppgifter som anges i punkt 1 e ska inkludera de följande risknivåerna och rapporteras till de behöriga myndigheterna åtminstone en gång per år:</SPAN></P>
<P class="p1222 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">Koncentrationsrisknivån för motparters fallissemang och för positioner i handelslagret, för både enskilda motparter och på aggregerad nivå.</SPAN></P>
<P class="p1222 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">Koncentrationsrisknivån med avseende på kreditinstitut, värdepappersföretag och andra enheter hos vilka kundmedel innehas.</SPAN></P>
<P class="p1509 ft169"><SPAN class="ft164">c)</SPAN><SPAN class="ft190">Koncentrationsrisknivån med avseende på kreditinstitut, värdepappersföretag och andra enheter hos vilka kunders värdepapper förvaras.</SPAN></P>
<P class="p1436 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft190">Koncentrationsrisknivån med avseende på kreditinstitut hos vilka värdepappersföretaget har sina egna bankmedel.</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Koncentrationsrisknivån med avseende på intäkter.</SPAN></P>
<P class="p1307 ft169"><SPAN class="ft174">f)</SPAN><SPAN class="ft211">Den koncentrationsrisknivå som beskrivs i leden </SPAN><NOBR>a–e</NOBR> beräknade med hänsyn tagen till tillgångar och poster utanför balansräkningen som inte registreras i handelslagret utöver exponeringar som uppstår till följd av positioner i handelslagret.</P>
<P class="p1589 ft164">Vid tillämpningen av denna punkt ska begreppen kreditinstitut och värdepappersföretag omfatta privata eller offentliga företag, inklusive filialerna till privata eller offentliga företag förutsatt att dessa företag om de varit etablerade i unionen skulle betraktas som kreditinstitut eller värdepappersföretag enligt definitionen i denna förordning och förutsatt att de auktoriserats i ett tredjeland vars tillsyns- och regleringskrav är åtminstone likvärdiga med dem som tillämpas i unionen.</P>
<P class="p1316 ft166">Genom undantag från punkt 1 i den här artikeln ska ett värdepappersföretag som uppfyller villkoren för att anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersföretag i artikel 12.1 inte vara skyldigt att rapportera de uppgifter som anges i punkt 1 e i den här artikeln och, om undantag har beviljats i enlighet med artikel 43.1 andra stycket, i punkt 1 f i den här artikeln.</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
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<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/45</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
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<P class="p1358 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft189">Med tanke på de rapporteringskrav som fastställs i denna artikel ska EBA i samråd med Esma utarbeta ett förslag till tekniska genomförandestandarder för att ange följande:</SPAN></P>
<P class="p1352 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Formaten.</SPAN></P>
<P class="p1238 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Rapporteringsdatum och definitioner med tillhörande instruktioner som ska beskriva hur dessa format används.</SPAN></P>
<P class="p1319 ft164">Det förslag till tekniska genomförandestandarder som avses i första stycket ska vara koncist och stå i proportion till värdepappersföretagens verksamheters art, omfattning och komplexitetsgrad, med beaktande av skillnaderna i detaljnivå när det gäller information som lämnas av ett värdepappersföretag som uppfyller villkoren för att anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersföretag i artikel 12.1.</P>
<P class="p1590 ft169">EBA ska utarbeta det förslag till tekniska genomförandestandarder som avses i första stycket senast den 26 december 2020.</P>
<P class="p1591 ft169">Kommissionen ges befogenhet att anta de tekniska genomförandestandarder som avses i denna punkt i enlighet med artikel 15 i förordning (EU) nr 1093/2010.</P>
<P class="p1592 ft169">Artikel 55</P>
<P class="p1593 ft171">Rapporteringskrav för vissa värdepappersföretag, bland annat med avseende på de tröskelvärden som avses i</P>
<P class="p1594 ft171">artikel 1.2 i denna förordning och artikel 4.1.1 b i förordning (EU) nr 575/2013</P>
<P class="p1350 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Värdepappersföretag som bedriver någon av de verksamheter som avses i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU ska kontrollera värdet på sina samlade tillgångar varje månad och rapportera dessa uppgifter till den behöriga myndigheten varje kvartal om det totala värdet på värdepappersföretagets konsoliderade tillgångar uppgår till eller överstiger 5 miljarder EUR, beräknat som ett genomsnitt av de föregående tolv månaderna. Den behöriga myndigheten ska informera EBA om detta.</SPAN></P>
<P class="p1595 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft181">Om ett värdepappersföretag som avses i punkt 1 ingår i en koncern där ett eller flera andra företag är ett värdepappersföretag som bedriver någon av de verksamheter som avses i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU, ska alla sådana värdepappersföretag i koncernen kontrollera värdet på sina samlade tillgångar varje månad om det totala värdet på koncernens konsoliderade tillgångar uppgår till eller överstiger 5 miljarder EUR, beräknat som ett genomsnitt av de föregående tolv månaderna. Sådana värdepappersföretag ska varje månad informera varandra om sina samlade tillgångar och varje kvartal rapportera sina konsoliderade totala tillgångar till relevanta behöriga myndigheter. De behöriga myndigheterna ska informera EBA om detta.</SPAN></P>
<P class="p1595 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft181">Om de värdepappersföretag som avses i punkterna 1 och 2 har ett genomsnitt av samlade månatliga tillgångar som uppgår till något av de tröskelvärden som anges i artikel 1.2 i denna förordning eller i artikel 4.1.1 b i förordning (EU) nr 575/2013, beräknat som ett genomsnitt av de föregående tolv månaderna, ska EBA underrätta dessa värdepappersföretag och de behöriga myndigheterna, inbegripet de myndigheter som ansvarar för auktorisation i enlighet med artikel 8a i direktiv 2013/36/EU, om detta.</SPAN></P>
<P class="p1596 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft181">Om en översyn enligt artikel 36 i direktiv (EU) 2019/2034 visar att ett värdepappersföretag som avses i punkt 1 i den här artikeln kan utgöra en sådan systemrisk som avses i artikel 23 i förordning (EU) nr 1093/2010 ska de behöriga myndigheterna utan dröjsmål informera EBA om resultatet av denna översyn.</SPAN></P>
<P class="p1595 ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft181">EBA ska, i samråd med Esma, utarbeta ett förslag till tekniska tillsynsstandarder för att närmare specificera den skyldighet att lämna uppgifter till de relevanta behöriga myndigheter som avses i punkterna 1 och 2 för att möjliggöra effektiv övervakning av de tröskelvärden som anges i artikel 8a.1 a och b i direktiv 2013/36/EU.</SPAN></P>
<P class="p1590 ft169">EBA ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 december 2020.</P>
<P class="p1597 ft164">Kommissionen ges befogenhet att komplettera denna förordning genom att anta de tekniska tillsynsstandarder som avses i denna punkt i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
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<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
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<TD class="tr8 td80"><P class="p18 ft166">L 314/46</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
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<P class="p1598 ft169">DEL ÅTTA</P>
<P class="p1599 ft171">DELEGERADE AKTER</P>
<P class="p1514 ft169">Artikel 56</P>
<P class="p1600 ft171">Utövande av delegeringen</P>
<P class="p1218 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Befogenheten att anta delegerade akter ges till kommissionen med förbehåll för de villkor som anges i denna artikel.</SPAN></P>
<P class="p1511 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">Den befogenhet att anta delegerade akter som avses i artikel 4.2 ska ges till kommissionen för en period på fem år från och med den 25 december 2019.</SPAN></P>
<P class="p1549 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Den delegering av befogenhet som avses i artikel 4.2 får när som helst återkallas av Europaparlamentet eller rådet. Ett beslut om återkallelse innebär att delegeringen av den befogenhet som anges i beslutet upphör att gälla. Beslutet får verkan dagen efter det att det offentliggörs i Europeiska unionens officiella tidning, eller vid ett senare i beslutet angivet datum. Det påverkar inte giltigheten av delegerade akter som redan har trätt i kraft.</SPAN></P>
<P class="p1489 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">Innan kommissionen antar en delegerad akt ska den samråda med experter som utsetts av varje medlemsstat i enlighet med principerna i det interinstitutionella avtalet av den 13 april 2016 om bättre lagstiftning.</SPAN></P>
<P class="p1411 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft189">Så snart kommissionen antar en delegerad akt ska den samtidigt delge Europaparlamentet och rådet denna.</SPAN></P>
<P class="p1601 ft164"><SPAN class="ft164">6.</SPAN><SPAN class="ft175">En delegerad akt som antas enligt artikel 4.2 ska träda i kraft endast om varken Europaparlamentet eller rådet har gjort invändningar mot den delegerade akten inom en period på två månader från den dag då akten delgavs Europapar lamentet och rådet, eller om både Europaparlamentet och rådet, före utgången av den perioden, har underrättat kommissionen om att de inte kommer att invända. Denna period ska förlängas med två månader på Europaparlamentets eller rådets initiativ.</SPAN></P>
<P class="p1602 ft169">DEL NIO</P>
<P class="p1603 ft171">ÖVERGÅNGSBESTÄMMELSER, RAPPORTER, ÖVERSYNER OCH ÄNDRINGAR</P>
<P class="p1604 ft164">AVDELNING I</P>
<P class="p1605 ft172">ÖVERGÅNGSBESTÄMMELSER</P>
<P class="p1514 ft169">Artikel 57</P>
<P class="p1515 ft171">Övergångsbestämmelser</P>
<P class="p1586 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Artiklarna </SPAN><NOBR>43–51</NOBR> ska vara tillämpliga på råvaruhandlare och utsläppsrättshandlare från och med den 26 juni 2026.</P>
<P class="p1601 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Fram till och med den 26 juni 2026 eller den dag då den alternativa schablonmetod som anges i del tre avdelning IV kapitel 1a i förordning (EU) nr 575/2013 och den alternativa internmodellmetod som anges i del tre avdelning IV kapitel 1b i förordning (EU) nr 575/2013 börjar tillämpas på kreditinstitut, beroende på vad som infaller senast, ska ett värdepappersföretag tillämpa de krav som anges i del tre avdelning IV i förordning (EU) nr 575/2013 i dess ändrade lydelse enligt förordning (EU) 2019/630 för att beräkna </SPAN><NOBR>K-NPR.</NOBR></P>
<P class="p1456 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Genom undantag från artikel 11.1 a och c får värdepappersföretag under en femårsperiod från och med den 26 juni 2021 tillämpa lägre kapitalbaskrav, som är lika med</SPAN></P>
<P class="p1606 ft166"><SPAN class="ft174">a)</SPAN><SPAN class="ft192">två gånger det relevanta kapitalbaskravet enligt del tre avdelning I kapitel 1 i förordning (EU) nr 575/2013, med beaktande av artikel 93.1 i den förordningen med hänvisning till startkapitalnivåer angivna i avdelning IV i direktiv 2013/36/EU, i dess ändrade lydelse enligt direktiv (EU) 2019/878, som skulle ha varit tillämpligt om värdepappers företaget hade fortsatt att omfattas av kapitalbaskraven i den förordningen i dess ändrade lydelse enligt förordning (EU) 2019/630, eller</SPAN></P>
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<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/47</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
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<P class="p1518 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">två gånger det tillämpliga krav baserat på fasta omkostnader som anges i artikel 13 i denna förordning om värdepappersföretaget inte fanns den 26 juni 2021 eller före detta datum.</SPAN></P>
<P class="p1382 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft189">Genom undantag från artikel 11.1 b får värdepappersföretag under en femårsperiod från och med 26 juni 2021 tillämpa lägre kapitalbaskrav enligt följande:</SPAN></P>
<P class="p1356 ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">Värdepappersföretag som enbart omfattades av ett startkapitalkrav före den 26 juni 2021 får begränsa sina kapitalbaskrav till två gånger det startkapitalkrav som fastställs i avdelning IV i direktiv 2013/36/EU i dess ändrade lydelse enligt direktiv (EU) 2019/878, med undantag för artikel 31.1 b och c respektive 31.2 b och c i det direktivet.</SPAN></P>
<P class="p1325 ft166"><SPAN class="ft164">b)</SPAN><SPAN class="ft199">Värdepappersföretag som fanns före den 26 juni 2021 får begränsa sina permanenta minimikapitalkrav till dem som föreskrivs i artikel 93.1 i förordning (EU) nr 575/2013, i dess ändrade lydelse enligt förordning (EU) 2019/876, med hänvisning till startkapitalnivåer angivna i avdelning IV i direktiv 2013/36/EU, i dess ändrade lydelse enligt direktiv (EU) 2019/878, om dessa hade varit tillämpliga om värdepappersföretaget hade fortsatt att omfattas av den förordningen, med förbehåll för en årlig ökning av beloppen enligt de kraven på åtminstone 5 000 EUR under femårsperioden.</SPAN></P>
<P class="p1607 ft164"><SPAN class="ft174">c)</SPAN><SPAN class="ft193">Värdepappersföretag som fanns före den 26 juni 2021, som inte har tillstånd att tillhandahålla sådana sidotjänster som avses i avsnitt B punkt 1 i bilaga I till direktiv 2014/65/EU, som endast tillhandahåller en eller flera av de investerings- tjänster eller investeringsverksamheter som anges i avsnitt A punkterna 1, 2, 4 och 5 i bilaga I till det direktivet, som inte får inneha kundmedel eller värdepapper som tillhör deras kunder och som därför aldrig får stå i skuld gentemot dessa, får begränsa sitt permanenta minimikapitalkrav till åtminstone 50 000 EUR, med förbehåll för en årlig ökning på åtminstone 5 000 EUR under femårsperioden.</SPAN></P>
<P class="p1608 ft166"><SPAN class="ft164">5.</SPAN><SPAN class="ft194">De undantag som fastställs i punkt 4 ska upphöra att vara tillämpliga om värdepappersföretaget får sin auktorisation förlängd den 26 juni 2021 eller efter detta datum, så att ett högre startkapital krävs i enlighet med artikel 9 i direktiv (EU) 2019/2034.</SPAN></P>
<P class="p1319 ft164"><SPAN class="ft164">6.</SPAN><SPAN class="ft181">Värdepappersföretag som fanns före den 25 december 2019 och som handlar för egen räkning på marknader för finansiella terminer eller optioner eller andra derivatinstrument och på kontantmarknader enbart i syfte att säkra positioner på derivatmarknader eller som handlar för andra medlemmars räkning på de marknaderna och som är garanterade av clearingmedlemmar på samma marknader – om ansvaret för att säkerställa efterlevnaden av avtal som ingås av sådana värdepappersföretag bärs av clearingmedlemmar på samma marknader – får genom undantag från artikel 11 begränsa sina kapitalbaskrav under en period på fem år från och med den 26 juni 2021 till åtminstone 250 000 EUR, med förbehåll för en årlig ökning på åtminstone 100 000 EUR under femårsperioden.</SPAN></P>
<P class="p1609 ft169">Oberoende av huruvida ett värdepappersföretag som avses i denna punkt utnyttjar det undantag som avses i första stycket ska punkt 4 a inte vara tillämplig på ett sådant värdepappersföretag.</P>
<P class="p1610 ft169">Artikel 58</P>
<P class="p1611 ft171">Undantag för företag som avses i artikel 4.1.1 b i förordning (EU) nr 575/2013</P>
<P class="p1609 ft169">Värdepappersföretag som den 25 december 2019 uppfyller villkoren i artikel 4.1.1 b i förordning (EU) nr 575/2013 och ännu inte har erhållit auktorisation som kreditinstitut i enlighet med artikel 8 i direktiv 2013/36/EU ska fortsätta att omfattas av förordning (EU) nr 575/2013 och direktiv 2013/36/EU.</P>
<P class="p1612 ft169">Artikel 59</P>
<P class="p1613 ft171">Undantag för värdepappersföretag som avses i artikel 1.2</P>
<P class="p1609 ft169">Ett värdepappersföretag som den 25 december 2019 uppfyller de villkor som fastställs i artikel 1.2 i denna förordning ska fortsätta att omfattas av förordning (EU) nr 575/2013 och direktiv 2013/36/EU.</P>
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<DIV id="id_2">
<P class="p14 ft2">370</P>
</DIV>
</DIV>
<DIV id="page_371">
<DIV id="p371dimg1">
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<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/48</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1614 ft164">AVDELNING II</P>
<P class="p1615 ft172">RAPPORTER OCH ÖVERSYN</P>
<P class="p1616 ft169">Artikel 60</P>
<P class="p1617 ft171">Översynsklausul</P>
<P class="p1618 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft175">Senast den 26 juni 2024 ska kommissionen, efter samråd med EBA och Esma, genomföra en översyn och lämna en rapport till Europaparlamentet och rådet, vid behov åtföljd av ett lagstiftningsförslag, angående åtminstone följande:</SPAN></P>
<P class="p1619 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft211">Villkoren för att värdepappersföretag ska betraktas som små och </SPAN><NOBR>icke-sammanlänkade</NOBR> värdepappersföretag i enlighet med artikel 12.</P>
<P class="p1620 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft211">Metoderna för att fastställa </SPAN><NOBR>K-faktorerna</NOBR> i del tre avdelning II, inbegripet investeringsrådgivning inom tillämpningsområdet för AUM, och i artikel 39.</P>
<P class="p1211 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft211">De koefficienter som avses i artikel 15.2.</SPAN></P>
<P class="p1621 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft211">Den metod som används för att beräkna </SPAN><NOBR>K-CMG,</NOBR> den kapitalbaskravsnivå som härrör från <NOBR>K-CMG</NOBR> jämförd med <NOBR>K-NPR,</NOBR> och kalibreringen av den multiplikationsfaktor som fastställs i artikel 23.</P>
<P class="p1620 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft211">Bestämmelserna i artiklarna 43, 44 och 45, särskilt om vilka likvida tillgångar som omfattas av likviditetskravet enligt artikel 43.1 a, b och c.</SPAN></P>
<P class="p1375 ft169"><SPAN class="ft174">f)</SPAN><SPAN class="ft197">Bestämmelserna i del tre avdelning II kapitel 4 avsnitt 1.</SPAN></P>
<P class="p1432 ft169"><SPAN class="ft174">g)</SPAN><SPAN class="ft211">Tillämpningen av del tre på råvaruhandlare och utsläppsrättshandlare.</SPAN></P>
<P class="p1621 ft169"><SPAN class="ft164">h)</SPAN><SPAN class="ft203">Ändringen av definitionen av kreditinstitut i förordning (EU) nr 575/2013 genom artikel 62.3 a i den här förordningen och potentiella oavsiktliga negativa konsekvenser.</SPAN></P>
<P class="p1620 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft197">Bestämmelserna i artiklarna 47 och 48 i förordning (EU) nr 600/2014 och anpassningen av dem till ett enhetligt regelverk för likvärdighet inom finansiella tjänster.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft174">j)</SPAN><SPAN class="ft197">De tröskelvärden som fastställs i artikel 12.1.</SPAN></P>
<P class="p1621 ft169"><SPAN class="ft164">k)</SPAN><SPAN class="ft211">Tillämpningen av standarderna i del tre avdelning IV kapitlen 1a och 1b i förordning (EU) nr 575/2013 på värdepappersföretag.</SPAN></P>
<P class="p1620 ft169"><SPAN class="ft174">l)</SPAN><SPAN class="ft197">Metoden för att fastställa värdet för derivat i artikel 20.2 b och artikel 33.2 b och lämpligheten i att införa ett alternativt mått och/eller en alternativ kalibrering.</SPAN></P>
<P class="p1622 ft164"><SPAN class="ft164">m)</SPAN><SPAN class="ft198">Bestämmelserna i del två, särskilt vad gäller tillstånd att räkna ytterligare instrument eller medel som kapitalbas enligt artikel 9.4 och möjligheten att bevilja sådant tillstånd till värdepappersföretag som uppfyller villkoren för att anses vara ett litet och </SPAN><NOBR>icke-sammanlänkat</NOBR> värdepappersföretag i artikel 12.1.</P>
<P class="p1619 ft169"><SPAN class="ft164">n)</SPAN><SPAN class="ft203">Villkoren för att värdepappersföretag ska få tillämpa kraven i förordning (EU) nr 575/2013 i enlighet med artikel 1.2 i den här förordningen.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft164">o)</SPAN><SPAN class="ft203">Bestämmelsen i artikel 1.5.</SPAN></P>
<P class="p1623 ft164"><SPAN class="ft164">p)</SPAN><SPAN class="ft208">Relevansen av tillämpningen av de krav på offentliggörande av information som fastställs i artikel 52 i denna förordning för andra sektorer, inklusive de värdepappersföretag som avses i artikel 1.2 och 1.5 i denna förordning och kreditinstitut så som de definieras i artikel 4.1.1 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1624 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Senast den 31 december 2021 ska kommissionen till Europaparlamentet och rådet lägga fram en rapport om vilka nya resurser som behövs när Esma får nya befogenheter och skyldigheter i enlighet med artikel 64 i den här förordningen, inbegripet möjligheten för Esma att ta ut registreringsavgifter av tredjelandsföretag som registrerats av Esma i enlighet med artikel 46.2 i förordning (EU) nr 600/2014, vid behov åtföljd av ett lagstiftningsförslag.</SPAN></P>
</DIV>
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<P class="p14 ft2">371</P>
</DIV>
</DIV>
<DIV id="page_372">
<DIV id="p372dimg1">
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</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/49</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1625 ft164">AVDELNING III</P>
<P class="p1626 ft172">ÄNDRINGAR AV ANDRA FÖRORDNINGAR</P>
<P class="p1535 ft169">Artikel 61</P>
<P class="p1627 ft171">Ändring av förordning (EU) nr 1093/2010</P>
<P class="p1209 ft169">I artikel 4.2 i förordning (EU) nr 1093/2010 ska följande led läggas till:</P>
<P class="p1628 ft164">”viii) när det gäller Europaparlamentets och rådets förordning (EU) 2019/2033 (*) och Europaparlamentets och rådets direktiv (EU) 2019/2034 (**), behöriga myndigheter enligt definitionen i artikel 3.1.5 i det direktivet.</P>
<P class="p1629 ft166">_____________</P>
<P class="p1630 ft166"><SPAN class="ft174">(*)</SPAN><SPAN class="ft223">Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för</SPAN></P>
<P class="p1631 ft188">värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014 (EUT L 1, 5.12.2019, s. 1).</P>
<P class="p1632 ft169"><SPAN class="ft174">(**)</SPAN><SPAN class="ft224">Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU (EUT L 314, 5.12.2019, s. 64).”</SPAN></P>
<P class="p1484 ft169">Artikel 62</P>
<P class="p1633 ft171">Ändringar av förordning (EU) nr 575/2013</P>
<P class="p1263 ft169">Förordning (EU) nr 575/2013 ska ändras på följande sätt:</P>
<P class="p1236 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft197">Titeln ska ersättas med följande:</SPAN></P>
<P class="p1634 ft169">”Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012”.</P>
<P class="p1206 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft197">I artikel 2 ska följande punkt läggas till:</SPAN></P>
<P class="p1635 ft164">”5. När de behöriga myndigheterna, enligt definitionen i artikel 3.1.5 i Europaparlamentets och rådets direktiv (EU) 2019/2033 (*), tillämpar bestämmelserna i artikel 1.2 och 1.5 i Europaparlamentets och rådets förordning</P>
<P class="p1636 ft169">(EU) 2019/2034 (**) på de värdepappersföretag som avses i de punkterna ska de behandla de värdepappers företagen som om de vore institut enligt den här förordningen.</P>
<P class="p1637 ft166">_____________</P>
<P class="p1638 ft166"><SPAN class="ft174">(*)</SPAN><SPAN class="ft212">Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t144">
<TR>
<TD class="tr45 td236"><P class="p18 ft164">värdepappersföretag och om ändring av</P></TD>
<TD class="tr45 td407"><P class="p37 ft164">förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU)</P></TD>
</TR>
<TR>
<TD class="tr45 td236"><P class="p18 ft164">nr 600/2014 och (EU) nr 806/2014 (EUT L</P></TD>
<TD class="tr45 td407"><P class="p18 ft188">314, 5.12.2019, s. 1).</P></TD>
</TR>
</TABLE>
<P class="p1639 ft169"><SPAN class="ft174">(**)</SPAN><SPAN class="ft222">Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU (EUT L 314, 5.12.2019, s. 64).”</SPAN></P>
<P class="p1640 ft226"><SPAN class="ft164">3.</SPAN><SPAN class="ft225">Artikel 4.1 ska ändras på följande sätt: a) Led 1 ska ersättas med följande:</SPAN></P>
<P class="p1641 ft169">”1. kreditinstitut: ett företag vars verksamhet består i något av följande:</P>
<P class="p1642 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Att ta emot insättningar eller andra återbetalbara medel från allmänheten och att bevilja krediter för egen räkning.</SPAN></P>
<P class="p1643 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Att bedriva någon av de verksamheter som avses i avsnitt A punkterna 3 och 6 i bilaga I till Europapar lamentets och rådets direktiv 2014/65/EU (*), om något av följande är tillämpligt, men företaget inte är en råvaruhandlare och utsläppsrättshandlare, ett företag för kollektiva investeringar eller ett försäkringsföretag:</SPAN></P>
<P class="p1644 ft169"><SPAN class="ft169">i)</SPAN><SPAN class="ft207">Det totala värdet av företagets konsoliderade tillgångar uppgår till eller överstiger 30 miljarder EUR.</SPAN></P>
<P class="p1645 ft166"><SPAN class="ft166">ii)</SPAN><SPAN class="ft227">Det totala värdet av företagets tillgångar understiger 30 miljarder EUR och företaget ingår i en grupp där det samlade värdet av de konsoliderade tillgångarna i alla de företag i gruppen som har enskilda totala tillgångar på mindre än 30 miljarder EUR och som bedriver någon av de verksamheter som avses i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU uppgår till eller överstiger 30 miljarder EUR.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">372</P>
</DIV>
</DIV>
<DIV id="page_373">
<DIV id="p373dimg1">
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<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/50</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1646 ft164"><SPAN class="ft164">iii)</SPAN><SPAN class="ft198">Det totala värdet av företagets tillgångar understiger 30 miljarder EUR och företaget ingår i en grupp där det samlade värdet av de konsoliderade tillgångarna i alla de företag i gruppen som bedriver någon av de verksamheter som avses i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU uppgår till eller överstiger 30 miljarder EUR, om den samordnande tillsynsmyndigheten beslutar detta i samråd med tillsynskollegiet för att motverka potentiella risker att bestämmelserna kringgås och potentiella risker för den finansiella stabiliteten i unionen.</SPAN></P>
<P class="p1647 ft169">När företaget ingår i en grupp från ett tredjeland ska, för tillämpningen av b ii och b iii, de samlade tillgångarna för varje filial i gruppen från ett tredjeland som är auktoriserad i unionen ingå i det samlade värdet av tillgångarna i alla företag i gruppen.</P>
<P class="p1648 ft166">_____________</P>
<P class="p1649 ft169"><SPAN class="ft174">(*)</SPAN><SPAN class="ft211">Europaparlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument och om ändring av direktiv 2002/92/EG och av direktiv 2011/61/EU (EUT L 173, 12.6.2014, s. 349).”</SPAN></P>
<P class="p1650 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">Led 2 ska ersättas med följande:</SPAN></P>
<P class="p1651 ft169">”2. värdepappersföretag: ett värdepappersföretag enligt definitionen i artikel 4.1.1 i direktiv 2014/65/EU, som auktoriserats enligt det direktivet, med undantag för kreditinstitut.”</P>
<P class="p1652 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft203">Led 3 ska ersättas med följande:</SPAN></P>
<P class="p1651 ft169">”3. institut: ett kreditinstitut som auktoriserats enligt artikel 8 i direktiv 2013/36/EU eller ett företag som avses i artikel 8a.3 i det direktivet.”</P>
<P class="p1653 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft190">Led 4 ska utgå.</SPAN></P>
<P class="p1654 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft203">Led 26 ska ersättas med följande:</SPAN></P>
<P class="p1655 ft164">”26. finansiellt institut: ett företag som inte är ett institut eller ett renodlat industriellt holdingföretag, vars huvudsakliga verksamhet består i att förvärva aktier eller andelar eller att utföra en eller flera av de verksamheter som är upptagna i punkterna <NOBR>2–12</NOBR> och 15 i bilaga I till direktiv 2013/36/EU, inbegripet värdepappersföretag, finansiella holdingföretag, blandade finansiella holdingföretag, värdepappersinriktade holdingföretag, betalningsinstitut i den mening som avses i Europaparlamentets och rådets direktiv (EU) 2015/2366 (*) och kapitalförvaltningsbolag, men inte försäkringsholdingföretag eller försäkringshol dingföretag med blandad verksamhet enligt definitionerna i artikel 212.1 f och g i direktiv 2009/138/EG.</P>
<P class="p1656 ft166">_____________</P>
<P class="p1657 ft164"><SPAN class="ft174">(*)</SPAN><SPAN class="ft198">Europaparlamentets och rådets direktiv (EU) 2015/2366 av den 25 november 2015 om betaltjänster på den inre marknaden, om ändring av direktiven 2002/65/EG, 2009/110/EG och 2013/36/EU samt förordning (EU) nr 1093/2010 och om upphävande av direktiv 2007/64/EG (EUT L 337, 23.12.2015, s. 35).”</SPAN></P>
<P class="p1658 ft169"><SPAN class="ft164">f)</SPAN><SPAN class="ft211">Led 29a ska ersättas med följande:</SPAN></P>
<P class="p1659 ft164">”29a. modervärdepappersföretag i en medlemsstat: ett moderföretag i en medlemsstat som är ett värdepappersföretag.”</P>
<P class="p1660 ft169"><SPAN class="ft174">g)</SPAN><SPAN class="ft190">Led 29b ska ersättas med följande:</SPAN></P>
<P class="p1659 ft169">”29b. modervärdepappersföretag inom EU: ett moderföretag inom EU som är ett värdepappersföretag.”</P>
<P class="p1654 ft169"><SPAN class="ft164">h)</SPAN><SPAN class="ft190">Led 51 ska ersättas med följande:</SPAN></P>
<P class="p1659 ft169">”51. startkapital: de belopp och typer av kapitalbas som anges i artikel 12 i direktiv 2013/36/EU.”</P>
<P class="p1654 ft169"><SPAN class="ft169">i)</SPAN><SPAN class="ft211">Led 60 ska ersättas med följande:</SPAN></P>
<P class="p1661 ft164">”60. kontantliknande instrument: ett insättningsbevis, en obligation, inklusive säkerställda obligationer, eller andra <NOBR>icke-efterställda</NOBR> instrument, som har givits ut av ett institut eller ett värdepappersföretag, för vilket institutet eller värdepappersföretaget redan erhållit full betalning och vilket ska villkorslöst återbetalas av institutet eller värdepappersföretaget till det nominella värdet.”</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">373</P>
</DIV>
</DIV>
<DIV id="page_374">
<DIV id="p374dimg1">
<INGENBILD zsrc="H803173374x1.jpg/" id="p374img1">
</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/51</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1662 ft169"><SPAN class="ft174">j)</SPAN><SPAN class="ft211">Led 72 a ska ersättas med följande:</SPAN></P>
<P class="p1663 ft169">”a) Den är en reglerad marknad eller en marknad i tredjeland som anses vara likvärdig med en reglerad marknad i enlighet med förfarandet i artikel 25.4 a i direktiv 2014/65/EU.”</P>
<P class="p1664 ft169"><SPAN class="ft164">k)</SPAN><SPAN class="ft190">Följande led ska läggas till:</SPAN></P>
<P class="p1665 ft164">”150. råvaruhandlare och utsläppsrättshandlare: ett företag vars huvudsakliga verksamhet uteslutande består i att tillhandahålla investeringstjänster eller bedriva investeringsverksamhet avseende de råvaruderivat eller råvaruderivatkontrakt som avses i punkterna 5, 6, 7, 9 och 10, de derivat avseende utsläppsrätter som avses i punkt 4 eller de utsläppsrätter som avses i avsnitt C punkt 11 i bilaga I till direktiv 2014/65/EU.”</P>
<P class="p1209 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft196">Artikel 6 ska ändras på följande sätt:</SPAN></P>
<P class="p1666 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Punkt 4 ska ersättas med följande:</SPAN></P>
<P class="p1667 ft169">”4. Institut ska uppfylla kraven i del sex och i artikel 430.1 d i denna förordning på individuell nivå.</P>
<P class="p1668 ft169">Följande institut ska inte vara skyldiga att uppfylla artikel 413.1 och de därtill hörande kraven på likviditetsrap portering i del sju A i denna förordning:</P>
<P class="p1669 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Institut som också har auktoriserats i enlighet med artikel 14 i förordning (EU) nr 648/2012.</SPAN></P>
<P class="p1670 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Institut som också har auktoriserats i enlighet med artiklarna 16 och 54.2 a i Europaparlamentets och rådets förordning (EU) nr 909/2014 (*), förutsatt att de inte utför några omfattande löptidstransformeringar.</SPAN></P>
<P class="p1671 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Institut som har utsetts i enlighet med artikel 54.2 b i förordning (EU) nr 909/2014, förutsatt att</SPAN></P>
<P class="p1672 ft164"><SPAN class="ft174">i)</SPAN><SPAN class="ft209">deras verksamhet är begränsad till att erbjuda banktjänster, som avses i avsnitt C i bilagan till den förordningen, till värdepapperscentraler som auktoriserats i enlighet med artikel 16 i den förordningen, och</SPAN></P>
<P class="p962 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft191">de inte utför några omfattande löptidstransformeringar.</SPAN></P>
<P class="p1669 ft166">_____________</P>
<P class="p1673 ft164"><SPAN class="ft174">(*)</SPAN><SPAN class="ft217">Europaparlamentets och rådets förordning (EU) nr 909/2014 av den 23 juli 2014 om förbättrad värdepappers- avveckling i Europeiska unionen och om värdepapperscentraler samt ändring av direktiv 98/26/EG och 2014/65/EU och förordning (EU) nr 236/2012 (EUT L 257, 28.8.2014, s. 1).”</SPAN></P>
<P class="p1674 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Punkt 5 ska ersättas med följande:</SPAN></P>
<P class="p1675 ft166">”5. Institut för vilka behöriga myndigheter har gett undantag enligt artikel 7.1 eller 7.3 i denna förordning och institut som också auktoriserats i enlighet med artikel 14 i förordning (EU) nr 648/2012 ska inte vara skyldiga att uppfylla kraven i del sju och de därtill hörande kraven på rapportering av bruttosoliditetsgrad i del sju A i den här förordningen på individuell nivå.”</P>
<P class="p1238 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft197">Följande artikel ska införas i del ett avdelning II kapitel 2 avsnitt 1:</SPAN></P>
<P class="p1676 ft169">”Artikel 10a</P>
<P class="p1677 ft171">Tillämpning av tillsynskrav på gruppnivå i fall då värdepappersföretag är moderföretag</P>
<P class="p1678 ft166">Vid tillämpning av detta kapitel ska värdepappersföretag anses vara finansiella moderholdingföretag i en medlemsstat eller finansiella moderholdingföretag inom unionen när sådana värdepappersföretag är moderföretag för ett institut eller för ett värdepappersföretag som omfattas av denna förordning, som avses i artikel 1.2 eller 1.5 i förordning (EU) 2019/2033.”</P>
<P class="p1287 ft169"><SPAN class="ft164">6.</SPAN><SPAN class="ft197">Artikel 11.4 ska ersättas med följande:</SPAN></P>
<P class="p1679 ft166">”4. Moderinstitut inom EU ska uppfylla kraven i del sex och artikel 430.1 d i denna förordning på gruppnivå om gruppen består av ett eller flera kreditinstitut eller värdepappersföretag som är auktoriserade att tillhandahålla de investeringstjänster och den investeringsverksamhet som anges i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">374</P>
</DIV>
</DIV>
<DIV id="page_375">
<DIV id="p375dimg1">
<INGENBILD zsrc="H803173375x1.jpg/" id="p375img1">
</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/52</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1680 ft164">Om ett undantag har beviljats enligt artikel <NOBR>8.1–8.5</NOBR> ska institut och, i tillämpliga fall finansiella holdingföretag eller blandade finansiella holdingföretag som ingår i en likviditetsundergrupp uppfylla kraven i del sex och artikel 430.1 d i denna förordning på gruppnivå eller på likviditetsundergruppens undergruppsnivå.”</P>
<P class="p1218 ft169"><SPAN class="ft164">7.</SPAN><SPAN class="ft197">Artiklarna 15, 16 och 17 ska utgå.</SPAN></P>
<P class="p1681 ft229"><SPAN class="ft164">8.</SPAN><SPAN class="ft228">I artikel 81.1 ska led a ersättas med följande: ”a) Dotterföretaget är något av följande:</SPAN></P>
<P class="p1682 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft197">Ett institut.</SPAN></P>
<P class="p1683 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft203">Ett företag som enligt tillämplig nationell rätt omfattas av kraven i denna förordning och i direktiv 2013/36/EU.</SPAN></P>
<P class="p1684 ft164"><SPAN class="ft164">iii)</SPAN><SPAN class="ft198">Ett mellanvarande finansiellt holdingföretag eller ett mellanvarande blandat finansiellt holdingföretag som omfattas av kraven i denna förordning på undergruppsnivå, eller ett mellanvarande värdepappersinriktat holdingföretag som omfattas av kraven i förordning (EU) 2019/2033 på gruppnivå.</SPAN></P>
<P class="p1685 ft169"><SPAN class="ft164">iv)</SPAN><SPAN class="ft190">Ett värdepappersföretag.</SPAN></P>
<P class="p1686 ft164"><SPAN class="ft164">v)</SPAN><SPAN class="ft209">Ett mellanvarande finansiellt holdingföretag i ett tredjeland, förutsatt att det mellanvarande finansiella holdingföretaget omfattas av lika stränga tillsynskrav som dem som tillämpas på kreditinstitut i det tredjelandet och förutsatt att kommissionen har antagit ett beslut i enlighet med artikel 107.4 enligt vilket dessa tillsynskrav minst motsvarar tillsynskraven i denna förordning.”</SPAN></P>
<P class="p1687 ft229"><SPAN class="ft164">9.</SPAN><SPAN class="ft228">I artikel 82 ska led a ersättas med följande: ”a) Dotterföretaget är något av följande:</SPAN></P>
<P class="p1682 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft197">Ett institut.</SPAN></P>
<P class="p1688 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft203">Ett företag som enligt tillämplig nationell rätt omfattas av kraven i denna förordning och i direktiv 2013/36/EU.</SPAN></P>
<P class="p1684 ft164"><SPAN class="ft164">iii)</SPAN><SPAN class="ft198">Ett mellanvarande finansiellt holdingföretag eller ett mellanvarande blandat finansiellt holdingföretag som omfattas av kraven i denna förordning på undergruppsnivå, eller ett mellanvarande värdepappersinriktat holdingföretag som omfattas av kraven i förordning (EU) 2019/2033 på gruppnivå.</SPAN></P>
<P class="p1685 ft169"><SPAN class="ft164">iv)</SPAN><SPAN class="ft190">Ett värdepappersföretag.</SPAN></P>
<P class="p1684 ft164"><SPAN class="ft164">v)</SPAN><SPAN class="ft209">Ett mellanvarande finansiellt holdingföretag i ett tredjeland förutsatt att det mellanvarande finansiella holdingföretaget omfattas av lika stränga tillsynskrav som de som tillämpas på kreditinstitut i det tredjelandet och förutsatt att kommissionen har antagit ett beslut i enlighet med artikel 107.4 enligt vilket dessa tillsynskrav minst motsvarar tillsynskraven i denna förordning.”</SPAN></P>
<P class="p1218 ft169"><SPAN class="ft164">10.</SPAN><SPAN class="ft191">Artikel 84 ska ändras på följande sätt:</SPAN></P>
<P class="p1689 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">Punkt 1 ska ersättas med följande:</SPAN></P>
<P class="p1690 ft164">”1. Instituten ska fastställa summan av ett dotterföretags minoritetsintressen som ingår i det konsoliderade kärnprimärkapitalet genom att från detta företags minoritetsintressen dra av resultatet av det belopp som avses i led a multiplicerat med den procentandel som avses i led b enligt följande:</P>
<P class="p1691 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Dotterföretagets kärnprimärkapital minus det lägsta av följande:</SPAN></P>
<P class="p1692 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft211">Det belopp för kärnprimärkapitalet i dotterföretaget som behövs för att uppnå följande:</SPAN></P>
<P class="p1693 ft164"><SPAN class="ft164">—</SPAN><SPAN class="ft198">Summan av kraven i artikel 92.1 a i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet, de krav som avses i artikel 500 i denna förordning och eventuella ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med kärnprimärkapital.</SPAN></P>
<P class="p1694 ft164"><SPAN class="ft164">—</SPAN><SPAN class="ft198">Om dotterföretaget är ett värdepappersföretag, summan av kraven i artikel 11 i förordning (EU) 2019/2033, de särskilda kapitalbaskrav som avses i artikel 39.2 a i direktiv (EU) 2019/2034 och eventuella ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med kärnprimärkapital.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">375</P>
</DIV>
</DIV>
<DIV id="page_376">
<DIV id="p376dimg1">
<INGENBILD zsrc="H803173376x1.jpg/" id="p376img1">
</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/53</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1695 ft164"><SPAN class="ft164">ii)</SPAN><SPAN class="ft198">Det belopp av konsoliderat kärnprimärkapital som avser det dotterbolaget och som krävs på gruppnivå för att uppnå summan av kraven i artikel 92.1 a i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet, kraven i artikel 500 i denna förordning och ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med kärnprimärkapital.</SPAN></P>
<P class="p1696 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Dotterföretagets minoritetsintressen uttryckta som en procentandel av samtliga kärnprimärkapitalinstrument i det företaget plus relaterade överkursfonder, balanserade vinstmedel och andra reserver.”</SPAN></P>
<P class="p1697 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Punkt 3 ska ersättas med följande:</SPAN></P>
<P class="p1698 ft164">”3. Om en behörig myndighet väljer att inte tillämpa tillsynskrav på individuell nivå, såsom föreskrivs i artikel 7 i denna förordning eller, beroende på vad som är tillämpligt, såsom föreskrivs i artikel 6 i förordning (EU) 2019/2033 ska minoritetsintressen inom de dotterföretag som undantaget gäller inte beaktas i kapitalbasen på undergrupps- eller gruppnivå, beroende på vad som är tillämpligt.”</P>
<P class="p1196 ft169"><SPAN class="ft164">11.</SPAN><SPAN class="ft190">Artikel 85 ska ändras på följande sätt:</SPAN></P>
<P class="p1674 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Punkt 1 ska ersättas med följande:</SPAN></P>
<P class="p1699 ft164">”1. Instituten ska fastställa hur stort belopp av ett dotterföretags kvalificerande primärkapital som ingår i den konsoliderade kapitalbasen genom att från detta företags kvalificerande primärkapital dra resultatet av att summan</P>
<P class="p1700 ft169"><SPAN class="ft169">i</SPAN><SPAN class="ft185">led a multipliceras med procenttalet i led b enligt följande:</SPAN></P>
<P class="p1701 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Dotterföretagets primärkapital minus det lägre av följande:</SPAN></P>
<P class="p962 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft211">Det belopp för primärkapitalet i dotterföretaget som behövs för att uppnå följande:</SPAN></P>
<P class="p1702 ft166"><SPAN class="ft166">—</SPAN><SPAN class="ft230">Summan av kraven i artikel 92.1 b i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet, kraven i artikel 500 i denna förordning och ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med primärkapital.</SPAN></P>
<P class="p1703 ft164"><SPAN class="ft164">—</SPAN><SPAN class="ft217">Om dotterföretaget är ett värdepappersföretag, summan av kraven i artikel 11 i förordning (EU) 2019/2033, de särskilda kapitalbaskrav som avses i artikel 39.2 a i direktiv (EU) 2019/2034 och ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med primärkapital.</SPAN></P>
<P class="p1704 ft164"><SPAN class="ft164">ii)</SPAN><SPAN class="ft198">Det belopp av konsoliderat primärkapital som avser det dotterbolaget och som krävs på gruppnivå för att uppnå summan av kraven i artikel 92.1 b i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU i denna förordning, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet, kraven i artikel 500 i denna förordning och ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med primärkapital.</SPAN></P>
<P class="p1696 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Kvalificerande primärkapital i dotterföretaget uttryckt som en procentandel av samtliga primärkapitalin strument i det företaget plus relaterade överkursfonder, balanserade vinstmedel och andra reserver.”</SPAN></P>
<P class="p1697 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Punkt 3 ska ersättas med följande:</SPAN></P>
<P class="p1699 ft164">”3. Om en behörig myndighet väljer att inte tillämpa tillsynskrav på individuell nivå, såsom föreskrivs i artikel 7 i denna förordning eller, om tillämpligt, såsom föreskrivs i artikel 6 i förordning (EU) 2019/2033 ska primärkapi talinstrument inom de dotterföretag som undantaget gäller inte beaktas i kapitalbasen på undergrupps- eller gruppnivå, beroende på vad som är tillämpligt.”</P>
<P class="p1196 ft169"><SPAN class="ft164">12.</SPAN><SPAN class="ft190">Artikel 87 ska ändras på följande sätt:</SPAN></P>
<P class="p1674 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Punkt 1 ska ersättas med följande:</SPAN></P>
<P class="p1705 ft169">”1. Instituten ska fastställa hur stort belopp av ett dotterföretags kvalificerande kapitalbas som ingår i den konsoliderade kapitalbasen, genom att från detta företags kvalificerande kapitalbas dra resultatet av att summan i led a multipliceras med procenttalet i led b enligt följande:</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">376</P>
</DIV>
</DIV>
<DIV id="page_377">
<DIV id="p377dimg1">
<INGENBILD zsrc="H803173377x1.jpg/" id="p377img1">
</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/54</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1706 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Dotterföretagets kapitalbas minus det lägre av följande:</SPAN></P>
<P class="p1707 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft211">Det kapitalbasbelopp som krävs av dotterbolaget för att uppnå följande:</SPAN></P>
<P class="p1708 ft164"><SPAN class="ft164">—</SPAN><SPAN class="ft198">Summan av kraven i artikel 92.1 c i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet, kraven i artikel 500 i denna förordning och ytterligare lokala tillsynsregler i tredjeländer.</SPAN></P>
<P class="p1709 ft166"><SPAN class="ft164">—</SPAN><SPAN class="ft199">Om dotterföretaget är ett värdepappersföretag, summan av kraven i artikel 11 i förordning (EU) 2019/2033, de särskilda kapitalbaskrav som avses i artikel 39.2 a i direktiv (EU) 2019/2034 och ytterligare lokala tillsynsregler i tredjeländer.</SPAN></P>
<P class="p1710 ft164"><SPAN class="ft164">ii)</SPAN><SPAN class="ft198">Det kapitalbasbelopp som avser det dotterbolaget och som krävs på gruppnivå för att uppnå summan av kraven i artikel 92.1 c i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet, kraven i artikel 500 i denna förordning och ytterligare kapitalbaskrav som följer av lokala tillsynsregler i tredjeländer.</SPAN></P>
<P class="p1711 ft164"><SPAN class="ft174">b)</SPAN><SPAN class="ft193">Kvalificerande kapitalbas i företaget, uttryckt som procentandel av samtliga kapitalbasinstrument i dotterföretaget som ingår i kärnprimärkapitalposter, övrigt primärkapital och supplementärkapitalposter samt relaterade överkursfonder, balanserade vinstmedel och andra reserver.”</SPAN></P>
<P class="p1652 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">Punkt 3 ska ersättas med följande:</SPAN></P>
<P class="p1712 ft164">”3. Om en behörig myndighet väljer att inte tillämpa tillsynskrav på individuell nivå, såsom föreskrivs i artikel 7 i denna förordning, eller, beroende på vad som är tillämpligt, såsom föreskrivs i artikel 6 i förordning (EU) 2019/2033 ska kapitalbasinstrumenten inom de dotterföretag som undantaget gäller inte beaktas i kapitalbasen på undergrupps- eller gruppnivå, beroende på vad som är tillämpligt.”</P>
<P class="p1244 ft169"><SPAN class="ft164">13.</SPAN><SPAN class="ft191">Artikel 93 ska ändras på följande sätt:</SPAN></P>
<P class="p1650 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">Punkt 3 ska utgå.</SPAN></P>
<P class="p1650 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">Punkterna 4, 5 och 6 ska ersättas med följande:</SPAN></P>
<P class="p1713 ft169">”4. Om ägarkontrollen över ett sådant institut som avses i punkt 2 övertas av en annan fysisk eller juridisk person än den som tidigare hade ägarkontroll över institutet, ska institutets totala kapitalbas uppgå till lägst den nivå som krävs för startkapital.</P>
<P class="p1714 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft195">Om det sker en fusion mellan två eller flera institut som avses i punkt 2 får institutets totala kapitalbas efter fusionen inte understiga den totala kapitalbasen för de fusionerade instituten vid tidpunkten för fusionen så länge kravet på startkapital inte har uppnåtts.</SPAN></P>
<P class="p1715 ft188"><SPAN class="ft164">6.</SPAN><SPAN class="ft231">Om behöriga myndigheter anser att det är nödvändigt för att säkerställa ett instituts solvens att kravet i punkt</SPAN></P>
<P class="p1648 ft169"><SPAN class="ft164">1</SPAN><SPAN class="ft200">uppfylls ska bestämmelserna i punkterna 2, 4 och 5 inte tillämpas.”</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft164">14.</SPAN><SPAN class="ft191">I del tre avdelning I kapitel 1 ska avsnitt 2 (artiklarna </SPAN><NOBR>95–98)</NOBR> utgå med verkan från och med den 26 juni 2026.</P>
<P class="p1375 ft169"><SPAN class="ft164">15.</SPAN><SPAN class="ft191">Artikel 119.5 ska ersättas med följande:</SPAN></P>
<P class="p1716 ft169">”5. Exponeringar mot finansiella institut som auktoriserats och övervakas av behöriga myndigheter och omfattas av tillsynskrav som i fråga om soliditet är jämförbara med dem som tillämpas för institut ska behandlas som exponeringar mot institut.</P>
<P class="p1717 ft169">Vid tillämpningen av denna punkt ska de tillsynskrav som anges i förordning (EU) 2019/2033 anses jämförbara med dem som tillämpas för institut i fråga om soliditet.”</P>
<P class="p1385 ft169"><SPAN class="ft164">16.</SPAN><SPAN class="ft191">I artikel 162.3 andra stycket ska led a ersättas med följande:</SPAN></P>
<P class="p1650 ft169">”a) exponeringar mot institut eller värdepappersföretag till följd av avräkning av skulder i utländsk valuta,”.</P>
<P class="p1211 ft169"><SPAN class="ft164">17.</SPAN><SPAN class="ft191">Artikel 197 ska ändras på följande sätt:</SPAN></P>
<P class="p1650 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">Punkt 1 c ska ersättas med följande:</SPAN></P>
<P class="p1718 ft164">”c) Räntebärande värdepapper som getts ut av institut och värdepappersföretag, om dessa värdepapper av ett kreditvärderingsinstitut har tilldelats en kreditvärdering som enligt EBA:s bedömning motsvarar kreditkvali tetssteg 3 eller högre enligt reglerna för riskvägning av exponeringar mot institut enligt kapitel 2.”</P>
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<P class="p14 ft2">377</P>
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<DIV id="p378dimg1">
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<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/55</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1662 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">I punkt 4 ska inledningen ersättas med följande:</SPAN></P>
<P class="p1719 ft169">”4. Ett institut får använda räntebärande värdepapper som getts ut av andra institut eller värdepappersföretag och som saknar en kreditvärdering från ett kreditvärderingsinstitut som godtagbar säkerhet, om dessa räntebärande papper uppfyller följande krav:”.</P>
<P class="p40 ft169"><SPAN class="ft164">18.</SPAN><SPAN class="ft190">I artikel 200 ska led c ersättas med följande:</SPAN></P>
<P class="p1720 ft169">”c) Instrument som har getts ut av ett tredjepartsinstitut eller ett värdepappersföretag och som kommer att återköpas av detta institut eller det värdepappersföretaget på begäran.”</P>
<P class="p1470 ft169"><SPAN class="ft164">19.</SPAN><SPAN class="ft190">I artikel 202 ska inledningen ersättas med följande:</SPAN></P>
<P class="p1721 ft169">”Ett institut får använda institut, värdepappersföretag, försäkrings- och återförsäkringsföretag samt exportkreditorgan som godtagbara tillhandahållare av obetalt kreditriskskydd som är berättigade till behandling enligt artikel 153.3 om de uppfyller samtliga följande villkor:”</P>
<P class="p40 ft169"><SPAN class="ft164">20.</SPAN><SPAN class="ft190">Artikel 224.6 ska ersättas med följande:</SPAN></P>
<P class="p1722 ft166">”6. När det gäller räntebärande värdepapper utan kreditvärdering som getts ut av institut eller värdepappersföretag och som uppfyller kriterierna för godtagbarhet enligt artikel 197.4, ska volatilitetsjusteringarna vara desamma som för värdepapper som getts ut av institut eller företag med en extern kreditutvärdering som fastställts motsvara kreditkvali tetssteg 2 eller 3.”</P>
<P class="p1723 ft233"><SPAN class="ft164">21.</SPAN><SPAN class="ft232">I artikel 227.3 ska följande led införas: ”ba) Värdepappersföretag.”</SPAN></P>
<P class="p40 ft169"><SPAN class="ft164">22.</SPAN><SPAN class="ft190">I artikel 243.1 ska andra stycket ersättas med följande:</SPAN></P>
<P class="p1724 ft164">”När det gäller kundfordringar ska första stycket b inte tillämpas om kreditrisken för dessa fordringar helt täcks av ett godtagbart kreditriskskydd i enlighet med kapitel 4, förutsatt att den som i detta fall tillhandahåller skyddet är ett institut, ett värdepappersföretag, ett försäkringsföretag eller ett återförsäkringsföretag.”</P>
<P class="p1352 ft169"><SPAN class="ft164">23.</SPAN><SPAN class="ft190">I artikel 382.4 ska led b ersättas med följande:</SPAN></P>
<P class="p1725 ft166">”b) Transaktioner inom grupper i enlighet med artikel 3 i förordning (EU) nr 648/2012 om inte medlemsstaterna antar nationell rätt som kräver en strukturell uppdelning inom en bankgrupp; om så är fallet får de behöriga myndigheterna kräva att sådana transaktioner inom grupper mellan strukturellt uppdelade enheter tas med i kapitalbaskraven.”</P>
<P class="p1207 ft169"><SPAN class="ft164">24.</SPAN><SPAN class="ft190">Artikel 388 ska utgå.</SPAN></P>
<P class="p1236 ft169"><SPAN class="ft164">25.</SPAN><SPAN class="ft190">Artikel 395.1 ska ersättas med följande:</SPAN></P>
<P class="p1724 ft164">”1. Ett institut får inte ådra sig en exponering gentemot en kund eller grupp av kunder med inbördes anknytning vars värde överstiger 25 % av institutets primärkapital, efter det att hänsyn tagits till effekten av kreditriskreducering i enlighet med artiklarna <NOBR>399–403.</NOBR> Om kunden är ett institut eller ett värdepappersföretag eller om en grupp av kunder med inbördes anknytning inbegriper ett eller flera institut eller värdepappersföretag, får detta värde inte överstiga det högsta beloppet av antingen 25 % av institutets primärkapital eller 150 miljoner EUR, förutsatt att summan av exponeringsvärdena, efter det att hänsyn tagits till effekten av kreditriskreducering i enlighet med artiklarna <NOBR>399–403,</NOBR> gentemot alla kunder med inbördes anknytning som inte utgör institut, inte överstiger 25 % av institutets primärkapital.”</P>
<P class="p1726 ft169"><SPAN class="ft164">26.</SPAN><SPAN class="ft190">Artikel 402.3 ska ändras på följande sätt:</SPAN></P>
<P class="p1637 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Led a ska ersättas med följande:</SPAN></P>
<P class="p1727 ft169">”a) Motparten är ett institut eller ett värdepappersföretag.”</P>
<P class="p1637 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Led e ska ersättas med följande:</SPAN></P>
<P class="p1728 ft164">”e) Institutet rapporterar i enlighet med artikel 394 till de behöriga myndigheterna totalbeloppet för de exponeringar mot varje annat institut eller värdepappersföretag som behandlas i enlighet med denna punkt.”</P>
<P class="p1208 ft169"><SPAN class="ft164">27.</SPAN><SPAN class="ft190">Artikel 412.4a ska ersättas med följande:</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t145">
<TR>
<TD class="tr8 td56"><P class="p18 ft169">”4a.</P></TD>
<TD class="tr8 td238"><P class="p18 ft164">Den delegerade akt som avses i artikel 460.1 ska tillämpas på institut.”</P></TD>
</TR>
</TABLE>
<P class="p1207 ft169"><SPAN class="ft164">28.</SPAN><SPAN class="ft190">I artikel 422.8 a ska led i ersättas med följande:</SPAN></P>
<P class="p1729 ft169">”i) ett moder- eller dotterinstitut till institutet eller moder- eller dottervärdepappersföretag till institutet eller ett annat dotterföretag till samma moderinstitut eller modervärdepappersföretag,”.</P>
<P class="p1470 ft169"><SPAN class="ft164">29.</SPAN><SPAN class="ft190">I artikel 428a ska led d utgå.</SPAN></P>
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<DIV id="id_2">
<P class="p14 ft2">378</P>
</DIV>
</DIV>
<DIV id="page_379">
<DIV id="p379dimg1">
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<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/56</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1210 ft169"><SPAN class="ft164">30.</SPAN><SPAN class="ft191">I artikel 430b ska punkt 1 ersättas med följande:</SPAN></P>
<P class="p1730 ft164">”1. Från och med dagen för tillämpning av den delegerade akt som avses i artikel 461a ska kreditinstitut som varken uppfyller villkoren i artikel 94.1 eller villkoren i artikel 325a.1 rapportera, för alla sina positioner i handelslagret och alla sina positioner utanför handelslagret som omfattas av valutarisk eller råvarurisk, resultaten av beräkningarna baserat på den alternativa schablonmetoden i del tre avdelning IV kapitel 1a på samma grund som sådana institut rapporterar de skyldigheter som anges i artikel 92.3 b i och c.”</P>
<P class="p1247 ft169"><SPAN class="ft164">31.</SPAN><SPAN class="ft191">I artikel 456.1 ska leden f och g utgå.</SPAN></P>
<P class="p1586 ft169"><SPAN class="ft164">32.</SPAN><SPAN class="ft191">Artikel 493 ska ändras på följande sätt:</SPAN></P>
<P class="p1654 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">Punkt 1 ska ersättas med följande:</SPAN></P>
<P class="p1731 ft164">”Fram till och med den 26 juni 2021 ska bestämmelserna om stora exponeringar i artiklarna <NOBR>387–403</NOBR> i denna förordning inte tillämpas på värdepappersföretag vilkas huvudverksamhet uteslutande består i att erbjuda investeringstjänster eller investeringsverksamhet avseende finansiella instrument enligt punkterna 5, 6, 7, 9, 10 och 11 i avsnitt C i bilaga I till direktiv 2014/65/EU, vilka den 31 december 2006 inte omfattades av Europapar- lamentets och rådets direktiv 2004/39/EG (*).</P>
<P class="p1732 ft188">_____________</P>
<P class="p1733 ft164"><SPAN class="ft174">(*)</SPAN><SPAN class="ft208">Europaparlamentets och rådets direktiv 2004/39/EG av den 21 april 2004 om marknader för finansiella instrument och om ändring av rådets direktiv 85/611/EEG och 93/6/EEG och Europaparlamentets och rådets direktiv 2000/12/EG samt upphävande av rådets direktiv 93/22/EEG (EUT L 145, 30.4.2004, s. 1).”</SPAN></P>
<P class="p1658 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">Punkt 2 ska utgå.</SPAN></P>
<P class="p1586 ft169"><SPAN class="ft164">33.</SPAN><SPAN class="ft191">I artikel 498.1 ska första stycket ersättas med följande:</SPAN></P>
<P class="p1730 ft164">”Fram till och med den 26 juni 2021 ska bestämmelserna i denna förordning om kapitalbaskrav inte tillämpas på värdepappersföretag vilkas huvudverksamhet uteslutande består i att erbjuda investeringstjänster eller investerings- verksamhet avseende finansiella instrument enligt punkterna 5, 6, 7, 9, 10 och 11 i avsnitt C i bilaga I till direktiv 2014/65/EU, vilka den 31 december 2006 inte omfattades av Europaparlamentets och rådets direktiv 2004/39/EG.”</P>
<P class="p1247 ft169"><SPAN class="ft164">34.</SPAN><SPAN class="ft191">Artikel 508.2 och 508.3 ska utgå.</SPAN></P>
<P class="p1586 ft169"><SPAN class="ft164">35.</SPAN><SPAN class="ft191">I bilaga I ska punkt 1 d ersättas med följande:</SPAN></P>
<P class="p1654 ft169">”d) Endosserade växlar, för vilka inget annat institut eller värdepappersföretag bär växelansvar.”</P>
<P class="p1586 ft169"><SPAN class="ft164">36.</SPAN><SPAN class="ft191">Bilaga III ska ändras på följande sätt:</SPAN></P>
<P class="p1654 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">I punkt 3 ska led b ersättas med följande:</SPAN></P>
<P class="p1691 ft169">”b) De är inte någon skyldighet för ett institut eller värdepappersföretag eller någon av dess anknutna enheter.”</P>
<P class="p1654 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">I punkt 5 ska led b ersättas med följande:</SPAN></P>
<P class="p1691 ft169">”b) De är inte någon skyldighet för ett institut eller värdepappersföretag eller någon av dess anknutna enheter.”</P>
<P class="p1654 ft169"><SPAN class="ft164">c)</SPAN><SPAN class="ft190">I punkt 6 ska led a ersättas med följande:</SPAN></P>
<P class="p1734 ft169">”a) De representerar inte någon fordring på ett specialföretag för värdepapperisering, ett institut, ett värdepappersföretag eller någon av dess anknutna enheter.”</P>
<P class="p1652 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft190">Punkt 7 ska ersättas med följande:</SPAN></P>
<P class="p1735 ft164">”7. Andra överlåtbara värdepapper än dem som avses i punkterna <NOBR>3–6,</NOBR> vilka kvalificeras för 50 % riskvikt eller bättre enligt del tre avdelning II kapitel 2 eller är internt klassificerade med motsvarande kreditkvalitet och inte representerar någon fordring på ett specialföretag för värdepapperisering, ett institut eller värdepappersföretag eller någon av dess anknutna enheter.”</P>
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<P class="p14 ft2">379</P>
</DIV>
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<DIV id="page_380">
<DIV id="p380dimg1">
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<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/57</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1662 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Punkt 11 ska ersättas med följande:</SPAN></P>
<P class="p1736 ft164">”11. Börshandlade, centralt clearade aktier som ingår i ett större aktieindex, uttryckta i medlemsstatens inhemska valuta och inte emitterade av ett institut eller värdepappersföretag eller någon av dess anknutna enheter.”</P>
<P class="p1612 ft169">Artikel 63</P>
<P class="p1737 ft171">Ändringar av förordning (EU) nr 600/2014</P>
<P class="p1141 ft169">Förordning (EU) nr 600/2014 ska ändras på följande sätt:</P>
<P class="p1208 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft191">I artikel 1 ska följande punkt införas:</SPAN></P>
<P class="p1738 ft169">”4a. Avdelning VII kapitel 1 i denna förordning är även tillämplig på företag i tredjeland som tillhandahåller investeringstjänster eller bedriver verksamhet inom unionen.”</P>
<P class="p1236 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft191">I avdelning III ska rubriken ersättas med följande:</SPAN></P>
<P class="p1739 ft234">”TRANSPARENS NÄR DET GÄLLER SYSTEMATISKA INTERNHANDLARE OCH VÄRDEPAPPERSFÖRETAG SOM BEDRIVER <NOBR>OTC-HANDEL</NOBR> OCH REGLER FÖR TICK SIZE FÖR SYSTEMATISKA INTERNHANDLARE”.</P>
<P class="p1352 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft190">Följande artikel ska införas:</SPAN></P>
<P class="p1740 ft169">”Artikel 17a</P>
<P class="p1741 ft171">Tick size</P>
<P class="p1742 ft169">Systematiska internhandlares bud, prisförbättringar av dessa bud och utförandepriser ska vara förenliga med tick size som fastställs i enlighet med artikel 49 i direktiv 2014/65/EU.</P>
<P class="p1743 ft169">Tillämpningen av tick size ska inte hindra systematiska internhandlare från att anpassa större order till mittpunkten för de aktuella köp- och säljkurserna.”</P>
<P class="p1236 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft190">Artikel 46 ska ändras på följande sätt:</SPAN></P>
<P class="p1744 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">I punkt 2 ska följande led läggas till:</SPAN></P>
<P class="p1745 ft169">”d) Företaget har inrättat nödvändiga arrangemang och förfaranden för att rapportera den information som anges i punkt 6a.”</P>
<P class="p1579 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">I punkt 4 ska femte stycket ersättas med följande:</SPAN></P>
<P class="p1746 ft164">”Medlemsstaterna får tillåta tredjelandsföretag att tillhandahålla investeringstjänster eller utföra investerings verksamhet tillsammans med sidotjänster för godtagbara motparter och professionella kunder i den mening som avses i avsnitt I i bilaga II till direktiv 2014/65/EU inom det egna territoriet i enlighet med nationella system i fall då kommissionen inte har antagit något beslut i enlighet med artikel 47.1 eller om ett sådant beslut har antagits men antingen har upphört att gälla eller inte omfattar de berörda tjänsterna eller verksamheterna.”</P>
<P class="p1747 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">I punkt 5 ska tredje stycket ersättas med följande:</SPAN></P>
<P class="p1748 ft164">”Om ett tredjelandsföretag tillhandahåller en investeringstjänst eller utför investeringsverksamhet uteslutande på initiativ av en godtagbar motpart eller en professionell kund i den mening som avses i avsnitt I i bilaga II till direktiv 2014/65/EU som är etablerad i eller befinner sig i unionen, ska medlemsstaterna säkerställa att denna artikel inte är tillämplig på tredjelandsföretagets tillhandahållande av tjänsten eller utförande av verksamheten åt denna person, inbegripet en relation som har specifikt samband med tillhandahållandet av tjänsten eller utförandet av verksamheten. Utan att det påverkar koncerninterna relationer ska det inte betraktas som tjänster som tillhandahålls uteslutande på kundens initiativ om ett tredjelandsföretag, inbegripet genom en enhet som agerar för dess räkning eller har nära förbindelser med ett sådant tredjelandsföretag eller alla personer som agerar åt en sådan enhet, söker upp kunder eller potentiella kunder i unionen. Ett initiativ från sådana kunder ska inte ge tredjelands företaget rätt att marknadsföra nya kategorier av investeringsprodukter eller investeringstjänster gentemot den berörda personen.”</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">380</P>
</DIV>
</DIV>
<DIV id="page_381">
<DIV id="p381dimg1">
<INGENBILD zsrc="H803173381x1.jpg/" id="p381img1">
</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/58</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1453 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Följande punkter ska införas:</SPAN></P>
<P class="p1749 ft169">”6a. Tredjelandsföretag som tillhandahåller tjänster eller utför verksamhet i enlighet med denna artikel ska årligen informera Esma om följande:</P>
<P class="p1750 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Omfattningen av och tillämpningsområdet för företagens tjänster och verksamhet i unionen, inbegripet den geografiska fördelningen över medlemsstaterna.</SPAN></P>
<P class="p1751 ft164"><SPAN class="ft174">b)</SPAN><SPAN class="ft193">För företag som utför den verksamhet som avses i avsnitt A punkt 3 i bilaga I till direktiv 2014/65/EU, deras minsta, genomsnittliga och största exponering mot motparter i EU per månad.</SPAN></P>
<P class="p1752 ft164"><SPAN class="ft174">c)</SPAN><SPAN class="ft193">För företag som tillhandahåller de tjänster som avses i avsnitt A punkt 6 i bilaga I till direktiv 2014/65/EU, det sammanlagda värdet på finansiella instrument från motparter i EU som garanterats eller placerats på grundval av ett fast åtagande under de föregående tolv månaderna.</SPAN></P>
<P class="p1753 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Omsättningen och det samlade värdet av de tillgångar som motsvarar de tjänster och den verksamhet som avses i led a.</SPAN></P>
<P class="p1754 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Huruvida investerarskyddsarrangemang har vidtagits, och en detaljerad beskrivning av arrangemangen.</SPAN></P>
<P class="p1755 ft169"><SPAN class="ft174">f)</SPAN><SPAN class="ft211">Den riskhanteringsstrategi och de arrangemang som företaget tillämpar för att utföra de tjänster och den verksamhet som avses i led a.</SPAN></P>
<P class="p1754 ft169"><SPAN class="ft174">g)</SPAN><SPAN class="ft190">Bolagsstyrning, inbegripet personer som innehar nyckelfunktioner för företagets verksamhet i unionen.</SPAN></P>
<P class="p1755 ft169"><SPAN class="ft164">h)</SPAN><SPAN class="ft191">All annan information som Esma eller de behöriga myndigheterna behöver för att utföra sina uppgifter i enlighet med denna förordning.</SPAN></P>
<P class="p1756 ft169">Esma ska vidarebefordra den information som erhållits i enlighet med denna punkt till de behöriga myndigheterna i de medlemsstater där ett företag i tredjeland tillhandahåller investeringstjänster eller utför investeringsverksamhet i enlighet med denna artikel.</P>
<P class="p1757 ft164">Om så behövs för att Esma eller de behöriga myndigheterna ska kunna fullgöra sina uppgifter i enlighet med denna förordning får Esma, inbegripet på begäran av behörig myndighet i de medlemsstater där ett företag i tredjeland tillhandahåller investeringstjänster eller utför investeringsverksamhet i enlighet med denna artikel, uppmana företag i tredjeland som tillhandahåller tjänster eller utför verksamhet i enlighet med denna artikel att tillhandahålla ytterligare information om deras verksamhet.</P>
<P class="p1758 ft164">6b. Om ett tredjelandsföretag tillhandahåller tjänster eller utför verksamhet i enlighet med denna artikel ska det företaget, under fem års tid, hålla uppgifter tillgängliga för Esma om samtliga order och samtliga transaktioner med finansiella instrument som de har utfört inom unionen, såväl för egen räkning som för en kunds räkning.</P>
<P class="p1759 ft164">På begäran av den behöriga myndigheten i en medlemsstat där ett tredjelandsföretag tillhandahåller investeringstjänster eller utför investeringsverksamhet i enlighet med denna artikel ska Esma ges tillgång till de relevanta uppgifter som hålls tillgängliga för dem i enlighet med första stycket och Esma ska göra dessa uppgifter tillgängliga för den behöriga myndighet som inkommer med begäran.</P>
<P class="p1760 ft164">6c. Om ett tredjelandsföretag inte samarbetar i en utredning eller en inspektion på plats som utförs i enlighet med artikel 47.2 eller inte i tid och på vederbörligt sätt tillgodoser en begäran från Esma i enlighet med punkterna 6a eller 6b i den här artikeln, får Esma återkalla företagets registrering eller tillfälligt förbjuda eller begränsa dess verksamheter i enlighet med artikel 49.”</P>
<P class="p1761 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Punkt 7 ska ersättas med följande:</SPAN></P>
<P class="p1762 ft164">”7. Esma ska, i samråd med EBA, utarbeta ett förslag till tekniska tillsynsstandarder för att specificera den information som det ansökande tredjelandsföretaget ska lämna i den ansökan om registrering som avses i punkt 4 och den information som ska rapporteras i enlighet med punkt 6a.</P>
<P class="p1763 ft169">Esma ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 september 2021.</P>
<P class="p1764 ft164">Kommissionen ges befogenhet att komplettera denna förordning genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1095/2010.”</P>
<P class="p1765 ft169"><SPAN class="ft164">f)</SPAN><SPAN class="ft203">Följande punkt ska läggas till:</SPAN></P>
<P class="p1766 ft169">”8. Esma ska utarbeta ett förslag till tekniska genomförandestandarder för att fastställa i vilket format den ansökan om registrering som avses i punkt 4 ska lämnas in och den information som avses i punkt 6a ska rapporteras.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">381</P>
</DIV>
</DIV>
<DIV id="page_382">
<DIV id="p382dimg1">
<INGENBILD zsrc="H803173382x1.jpg/" id="p382img1">
</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/59</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1767 ft169">Esma ska överlämna detta förslag till tekniska genomförandestandarder till kommissionen senast den 26 september 2021.</P>
<P class="p1768 ft164">Kommissionen ges befogenhet att komplettera denna förordning genom att anta de tekniska genomförandes tandarder som avses i första stycket i enlighet med artikel 15 i förordning (EU) nr 1095/2010.”</P>
<P class="p1143 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft191">Artikel 47 ska ändras på följande sätt:</SPAN></P>
<P class="p1769 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Punkt 1 ska ersättas med följande:</SPAN></P>
<P class="p1770 ft164">”1. Kommissionen får anta ett beslut i enlighet med det granskningsförfarande som avses i artikel 51.2 avseende ett tredjeland och däri ange att regelverket och tillsynssystemet i det tredjelandet säkerställer följande:</P>
<P class="p1771 ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">Att företag som är auktoriserade i det tredjelandet iakttar sådana rättsligt bindande tillsynskrav, organisatoriska krav och krav på marknadsuppförande som har en likvärdig verkan som kraven i denna förordning, förordning (EU) nr 575/2013 och Europaparlamentets och rådets förordning (EU) 2019/2033 (*), i direktiv 2013/36/EU, direktiv 2014/65/EU och Europaparlamentets och rådets direktiv (EU) 2019/2034 (**) samt i de genomföran deåtgärder som antas enligt de lagstiftningsakterna.</SPAN></P>
<P class="p1772 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Att företag som är auktoriserade i det tredjelandet är föremål för effektiv tillsyn och kontroll av att gällande rättsligt bindande tillsynskrav, organisatoriska krav och krav på marknadsuppförande iakttas.</SPAN></P>
<P class="p1773 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Att det tredjelandets regelverk ger ett effektivt likvärdigt system för erkännande av värdepappersföretag som auktoriserats enligt tredjeländers rättsordningar.</SPAN></P>
<P class="p1774 ft164">Om omfattningen av och tillämpningsområdet för de tjänster som tillhandahålls och den verksamhet som utförs av tredjelandsföretag i unionen efter antagandet av det beslut som avses i första stycket sannolikt är systemviktiga för unionen får de rättsligt bindande tillsynskrav, organisatoriska krav och krav på marknadsuppförande som avses i första stycket bara anses ha likvärdig verkan som kraven i de akter som avses i det stycket efter en noggrann och ingående bedömning. Kommissionen ska i detta syfte även bedöma och ta hänsyn till graden av samstämmighet i tillsynen mellan det berörda tredjelandet och unionen.</P>
<P class="p1775 ft164">1a. Kommissionen ges befogenhet att anta delegerade akter i enlighet med artikel 50 för att komplettera denna förordning genom att ytterligare ange de förhållanden under vilka omfattningen av och tillämpningsområdet för de tjänster som tillhandahålls och den verksamhet som utförs av tredjelandsföretag i unionen efter antagandet av ett sådant beslut om likvärdighet som avses i punkt 1 sannolikt är systemviktiga för unionen.</P>
<P class="p1776 ft164">Om omfattningen av och tillämpningsområdet för de tjänster som tillhandahålls och den verksamhet som utförs av tredjelandsföretag sannolikt är systemviktiga för unionen får kommissionen till ett beslut om likvärdighet koppla särskilda operativa villkor som säkerställer att Esma och nationella behöriga myndigheter har de verktyg som behövs för att förhindra regelarbitrage och övervaka verksamheten vid värdepappersföretag i tredjeland som registrerats i enlighet med artikel 46.2 vad gäller tjänster som tillhandahålls och verksamhet som utförs i unionen genom att säkerställa att de företagen uppfyller</P>
<P class="p1777 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">krav med likvärdig verkan som de krav som avses i artiklarna 20 och 21,</SPAN></P>
<P class="p1778 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">rapporteringskrav med likvärdig verkan som de krav som avses i artikel 26, om sådan information inte kan erhållas direkt och kontinuerligt genom ett samförståndsavtal med den behöriga myndigheten i tredjelandet,</SPAN></P>
<P class="p1779 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">krav med likvärdig verkan som den handelsskyldighet som avses i artiklarna 23 och 28, i tillämpliga fall.</SPAN></P>
<P class="p1780 ft164">När kommissionen antar det beslut som avses i punkt 1 i denna artikel ska den ta hänsyn till huruvida tredjelandet betraktas som en <NOBR>icke-samarbetsvillig</NOBR> jurisdiktion för skatteändamål enligt det relevanta politikområdet i unionen eller som ett högrisktredjeland enligt artikel 9.2 i direktiv (EU) 2015/849.</P>
<P class="p1781 ft169">1b. Regelverket för tillsyn, organisation och marknadsuppförande i ett tredjeland får anses ha likvärdig verkan om det uppfyller samtliga följande villkor:</P>
<P class="p1782 ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">Företag som tillhandahåller investeringstjänster eller utför investeringsverksamhet i det tredjelandet är föremål för auktorisation och effektiv och kontinuerlig tillsyn och kontroll av regelefterlevnaden.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">382</P>
</DIV>
</DIV>
<DIV id="page_383">
<DIV id="p383dimg1">
<INGENBILD zsrc="H803173383x1.jpg/" id="p383img1">
</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/60</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1783 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Företag som tillhandahåller investeringstjänster eller utför investeringsverksamhet i det tredjelandet är föremål för tillräckliga kapitalkrav; i synnerhet ska företag som tillhandahåller tjänster eller utför sådana verksamheter som avses i avsnitt A punkt 3 eller 6 i bilaga I till direktiv 2014/65/EU vara föremål för kapitalkrav som är jämförbara med dem som skulle tillämpas om företagen var etablerade i unionen.</SPAN></P>
<P class="p1784 ft164"><SPAN class="ft174">c)</SPAN><SPAN class="ft193">Företag som tillhandahåller investeringstjänster eller utför investeringsverksamhet i det tredjelandet är föremål för lämpliga krav som är tillämpliga på aktieägare och medlemmar av ledningsorganet.</SPAN></P>
<P class="p1785 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft191">Företag som tillhandahåller investeringstjänster eller utför investeringsverksamhet omfattas av adekvata krav på marknadsuppförande och organisation.</SPAN></P>
<P class="p1786 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Marknadernas transparens och integritet säkerställs genom att marknadsmissbruk i form av insiderhandel och marknadsmanipulation förebyggs.</SPAN></P>
<P class="p1787 ft166">Vid tillämpning av punkt 1a i denna artikel ska kommissionen, när den bedömer likvärdigheten i ett tredjelands bestämmelser vad gäller den handelsskyldighet som avses i artiklarna 23 och 28, även bedöma huruvida tredjelandets regelverk omfattar kriterier för utseende av handelsplatser som är godtagbara för uppfyllande av handelsskyldigheten och som har en liknande verkan som de som anges i denna förordning eller i direktiv 2014/65/EU.</P>
<P class="p1788 ft166">_____________</P>
<P class="p1789 ft164"><SPAN class="ft174">(*)</SPAN><SPAN class="ft235">Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU)</SPAN></P>
<P class="p1790 ft166">nr 600/2014 och (EU) nr 806/2014 (EUT L 314, 5.12.2019, s. 1).</P>
<P class="p1791 ft169"><SPAN class="ft174">(**)</SPAN><SPAN class="ft196">Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU (EUT L 314, 5.12.2019, s. 64).”</SPAN></P>
<P class="p1792 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Punkt 2 ska ändras på följande sätt:</SPAN></P>
<P class="p1793 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft197">Led a ska ersättas med följande:</SPAN></P>
<P class="p1794 ft164">”a) Mekanismen för informationsutbyte mellan Esma och de behöriga myndigheterna i berört tredjeland, inbegripet tillträde till alla uppgifter som Esma begär om de ej inom unionen etablerade företag som är auktoriserade i tredjeland och, i förekommande fall, arrangemangen för hur Esma ska dela sådan information med behöriga myndigheter i medlemsstaterna.”</P>
<P class="p1795 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft203">Led c ska ersättas med följande:</SPAN></P>
<P class="p1794 ft164">”c) Förfarandena för samordning av tillsynsverksamhet inbegripet utredningar och inspektioner på plats som Esma kan komma att utföra i samarbete med de behöriga myndigheterna i de medlemsstater där tredjelands företaget tillhandahåller investeringstjänster eller utför investeringsverksamhet i enlighet med artikel 46, om så är nödvändigt för att Esma eller de behöriga myndigheterna ska kunna utföra sina uppgifter i enlighet med denna förordning, efter att på vederbörligt sätt ha underrättat tredjelandets behöriga myndighet om detta.”</P>
<P class="p1796 ft169"><SPAN class="ft169">iii)</SPAN><SPAN class="ft191">Följande led ska läggas till:</SPAN></P>
<P class="p1797 ft169">”d) Förfarandena för begäran om information enligt artikel 46.6a och 46.6b som Esma kan lämna till ett tredjelandsföretag som är registrerat i enlighet med artikel 46.2.”</P>
<P class="p1495 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Följande punkter ska läggas till:</SPAN></P>
<P class="p1798 ft164">”5. Esma ska övervaka utvecklingen när det gäller reglering och tillsyn, metoder för kontroll av efterlevnaden och annan relevant marknadsutveckling i tredjeländer för vilka beslut om likvärdighet har antagits av kommissionen enligt punkt 1, i syfte att kontrollera att de villkor som legat till grund för besluten fortfarande är uppfyllda. Esma ska årligen lämna in en konfidentiell rapport om sina resultat till kommissionen. Esma får samråda med EBA om rapporten, om Esma anser det lämpligt.</P>
<P class="p1799 ft169">Rapporten ska även återspegla de trender som iakttagits på grundval av de uppgifter som samlats in enligt artikel 46.6a, särskilt om företag som tillhandahåller tjänster eller utför de verksamheter som avses i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU.</P>
<P class="p1800 ft164"><SPAN class="ft164">6.</SPAN><SPAN class="ft175">På grundval av den rapport som avses i punkt 5 ska kommissionen minst en gång om året lämna en rapport till Europaparlamentet och rådet. Rapporten ska omfatta en förteckning över de beslut om likvärdighet som kommissionen fattat eller återtagit under rapporteringsåret, samt eventuella åtgärder som Esma vidtagit enligt artikel 49, och ange skälen för dessa beslut och åtgärder.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">383</P>
</DIV>
</DIV>
<DIV id="page_384">
<DIV id="p384dimg1">
<INGENBILD zsrc="H803173384x1.jpg/" id="p384img1">
</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/61</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1176 ft164">Kommissionens rapport ska innehålla information om övervakningen av utvecklingen när det gäller reglering och tillsyn, metoder för kontroll av efterlevnaden och annan relevant marknadsutveckling i tredjeländer för vilka beslut om likvärdighet har antagits. Den ska även innehålla en utvärdering av hur det gränsöverskridande tillhanda hållandet av investeringstjänster av tredjelandsföretag har utvecklats i allmänhet och i synnerhet vad gäller de tjänster och verksamheter som avses i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU. Rapporten ska längre fram även innehålla information om kommissionens pågående bedömningar av likvärdigheten i ett tredjeland.”</P>
<P class="p1801 ft169"><SPAN class="ft164">6.</SPAN><SPAN class="ft191">Artikel 49 ska ersättas med följande:</SPAN></P>
<P class="p1802 ft169">”Artikel 49</P>
<P class="p1803 ft171">Åtgärder som ska vidtas av Esma</P>
<P class="p1804 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Esma får tillfälligt förbjuda eller begränsa ett tredjelandsföretag från att tillhandahålla investeringstjänster eller utföra investeringsverksamhet med eller utan sidotjänster i enlighet med artikel 46.1 om tredjelandsföretaget har underlåtit att efterleva ett förbud eller en begränsning som det ålagts av Esma eller EBA i enlighet med artiklarna 40 och 41 eller av en behörig myndighet i enlighet med artikel 42 eller har underlåtit att i tid och på vederbörligt sätt tillgodose en begäran från Esma i enlighet med artikel 46.6a och 46.6b, eller om tredjelandsföretaget inte samarbetar under en utredning eller en inspektion på plats som utförs i enlighet med artikel 47.2.</SPAN></P>
<P class="p1805 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft181">Utan att det påverkar punkt 1 ska Esma återkalla ett tredjelandsföretags registrering i det register som upprättats i enlighet med artikel 48 om Esma har hänskjutit frågan till tredjelandets behöriga myndighet och den behöriga myndigheten inte har vidtagit de lämpliga åtgärder som behövs för att skydda investerarna eller unionsmarknadernas korrekta funktion eller inte har kunnat visa att det berörda tredjelandsföretaget uppfyller de krav som är tillämpliga på tredjelandsföretaget, eller de villkor enligt vilka ett beslut i enlighet med artikel 47.1 har antagits, och något av följande är tillämpligt:</SPAN></P>
<P class="p1806 ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">Esma har välgrundade skäl, baserade på dokumenterade underlag, inbegripet men inte begränsat till den årliga information som lämnas i enlighet med artikel 46.6a, att hålla för sannolikt att tredjelandsföretaget vid tillhanda hållandet av investeringstjänster och utförandet av investeringsverksamhet i unionen agerar på ett sätt som klart strider mot investerarnas intressen eller klart hindrar marknaderna från att fungera korrekt.</SPAN></P>
<P class="p1807 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Esma har välgrundade skäl, baserade på dokumenterade underlag, inbegripet men inte begränsat till den årliga information som lämnas i enlighet med artikel 46.6a, att hålla för sannolikt att tredjelandsföretaget vid tillhanda hållandet av investeringstjänster och utförandet av investeringsverksamhet i unionen på ett allvarligt sätt har åsidosatt de bestämmelser som i tredjelandet är tillämpliga på företaget och på grundval av vilka kommissionen har antagit beslutet i enlighet med artikel 47.1.</SPAN></P>
<P class="p1743 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft189">Esma ska i god tid underrätta tredjelandets behöriga myndighet om sin avsikt att vidta åtgärder i enlighet med punkt 1 eller 2.</SPAN></P>
<P class="p1808 ft164">Vid beslut om vidtagande av lämplig åtgärd enligt denna artikel ska Esma beakta arten av och allvaret i den risk som finns för investerarna och för unionsmarknadernas korrekta funktion, med hänsyn till följande kriterier:</P>
<P class="p1769 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Riskens varaktighet och frekvens.</SPAN></P>
<P class="p1809 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Huruvida risken har påvisat allvarliga eller systemiska brister i de förfaranden som tredjelandsföretaget tillämpar.</SPAN></P>
<P class="p1810 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Huruvida risken har lett till eller underlättat ekonomisk brottslighet eller huruvida ekonomisk brottslighet på annat sätt är hänförlig till risken.</SPAN></P>
<P class="p1811 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft191">Huruvida risken har uppstått avsiktligt eller genom försummelse.</SPAN></P>
<P class="p1812 ft169">Esma ska utan dröjsmål underrätta kommissionen och det berörda tredjelandsföretaget om varje åtgärd som antas i enlighet med punkt 1 eller 2 och offentliggöra sitt beslut på sin webbplats.</P>
<P class="p1813 ft169">Kommissionen ska bedöma om de omständigheter under vilka ett beslut i enlighet med artikel 47.1 har antagits fortfarande föreligger vad avser det berörda tredjelandet.”</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">384</P>
</DIV>
</DIV>
<DIV id="page_385">
<DIV id="p385dimg1">
<INGENBILD zsrc="H803173385x1.jpg/" id="p385img1">
</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/62</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1210 ft169"><SPAN class="ft164">7.</SPAN><SPAN class="ft190">I artikel 52 ska följande punkt läggas till:</SPAN></P>
<P class="p1814 ft169">”13. Senast den 31 december 2020 ska Esma bedöma personal- och resursbehoven till följd av de befogenheter och uppgifter den tilldelas i enlighet med artikel 64 i förordning (EU) 2019/2033 och överlämna en rapport om bedömningen till Europaparlamentet, rådet och kommissionen.”</P>
<P class="p1366 ft169"><SPAN class="ft164">8.</SPAN><SPAN class="ft190">Artikel 54.1 ska ersättas med följande:</SPAN></P>
<P class="p1815 ft164">”1. Tredjelandsföretag får fortsätta att tillhandahålla tjänster och utföra verksamhet i medlemsstaterna i enlighet med nationella system fram till och med tre år efter det att kommissionen antagit ett beslut i förhållande till det relevanta tredjelandet i enlighet med artikel 47. Tjänster och verksamheter som inte omfattas av ett sådant beslut får fortsätta att tillhandahållas i enlighet med nationella system.”</P>
<P class="p1408 ft169">Artikel 64</P>
<P class="p1816 ft171">Ändring av förordning (EU) nr 806/2014</P>
<P class="p1242 ft169">I artikel 12a i Europaparlamentets och rådets förordning (EU) nr 806/2014 (<SPAN class="ft173">28</SPAN>) ska följande punkt läggas till:</P>
<P class="p1817 ft164">”3. I enlighet med artikel 65 i Europaparlamentets och rådets förordning (EU) 2019/2033 (*) ska hänvisningar i den här förordningen till artikel 92 i förordning (EU) nr 575/2013 vad gäller de kapitalbaskrav på individuell nivå för sådana värdepappersföretag som avses i artikel 2 c i den här förordningen och som inte är sådana värdepappersföretag som avses i artikel 1.2 eller 1.5 i förordning (EU) 2019/2033 läsas i enlighet med följande:</P>
<P class="p1818 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Hänvisningar till artikel 92.1 c i förordning (EU) nr 575/2013 vad gäller kravet avseende total kapitalrelation i den här förordningen ska avse artikel 11.1 i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1310 ft164"><SPAN class="ft174">b)</SPAN><SPAN class="ft193">Hänvisningar till artikel 92.3 i förordning (EU) nr 575/2013 vad gäller det totala riskvägda exponeringsbeloppet i den här förordningen ska avse tillämpligt krav i artikel 11.1 i förordning (EU) 2019/2033, multiplicerat med 12,5.</SPAN></P>
<P class="p1315 ft164">I enlighet med artikel 65 i Europaparlamentets och rådets direktiv (EU) 2019/2034 (**) ska hänvisningar i denna förordning till artikel 104a i direktiv 2013/36/EU vad gäller krav på ytterligare kapitalbas för värdepappersföretag som avses i artikel 2 c i denna förordning och som inte är sådana värdepappersföretag som avses i artikel 1.2 eller 1.5 i förordning (EU) 2019/2033 läsas som hänvisningar till artikel 40 i direktiv (EU) 2019/2034.</P>
<P class="p1432 ft166">_____________</P>
<P class="p1819 ft164"><SPAN class="ft174">(*)</SPAN><SPAN class="ft209">Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014</SPAN></P>
<P class="p1820 ft166">och (EU) nr 806/2014 (EUT L 314, 5.12.2019, s. 1).</P>
<P class="p1821 ft169"><SPAN class="ft174">(**)</SPAN><SPAN class="ft236">Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU (EUT L 314, 5.12.2019, s. 64).”</SPAN></P>
<P class="p1313 ft169">DEL TIO</P>
<P class="p1822 ft171">SLUTBESTÄMMELSER</P>
<P class="p1433 ft169">Artikel 65</P>
<P class="p1823 ft171">Hänvisningar till förordning (EU) nr 575/2013 i andra unionsrättsakter</P>
<P class="p1410 ft169">Vid tillämpning av tillsynskrav för värdepappersföretag ska hänvisningar till förordning (EU) nr 575/2013 i andra unionsakter läsas som hänvisningar till den här förordningen.</P>
<P class="p1824 ft205">(<SPAN class="ft204">28</SPAN>) Europaparlamentets och rådets förordning (EU) nr 806/2014 av den 15 juli 2014 om fastställande av enhetliga regler och ett enhetligt förfarande för resolution av kreditinstitut och vissa värdepappersföretag inom ramen för en gemensam resolutionsmekanism och en gemensam resolutionsfond och om ändring av förordning (EU) nr 1093/2010 (EUT L 225, 30.7.2014, s. 1).</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">385</P>
</DIV>
</DIV>
<DIV id="page_386">
<DIV id="p386dimg1">
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</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 1</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td362"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/63</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td363"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1417 ft169">Artikel 66</P>
<P class="p1825 ft171">Ikraftträdande och tillämpningsdatum</P>
<P class="p1420 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Denna förordning träder i kraft den tjugonde dagen efter det att den har offentliggjorts i Europeiska unionens officiella tidning.</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Den ska tillämpas från och med den 26 juni 2021.</SPAN></P>
<P class="p1352 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft189">Trots punkt 2 gäller följande:</SPAN></P>
<P class="p1470 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Artikel 63.2 och 63.3 ska tillämpas från och med den 26 mars 2020.</SPAN></P>
<P class="p1470 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Artikel 62.30 ska tillämpas från och med den 25 december 2019.</SPAN></P>
<P class="p1826 ft169">Denna förordning är till alla delar bindande och direkt tillämplig i alla medlemsstater.</P>
<TABLE cellpadding=0 cellspacing=0 class="t146">
<TR>
<TD colspan=2 class="tr14 td408"><P class="p18 ft169">Utfärdad i Strasbourg den 27 november 2019.</P></TD>
<TD class="tr14 td146"><P class="p18 ft178"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr3 td408"><P class="p1827 ft177">På Europaparlamentets vägnar</P></TD>
<TD class="tr3 td146"><P class="p1828 ft177">På rådets vägnar</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr8 td408"><P class="p1827 ft177">D. M. SASSOLI</P></TD>
<TD class="tr8 td146"><P class="p1828 ft177">T. TUPPURAINEN</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr9 td408"><P class="p1827 ft174">Ordförande</P></TD>
<TD class="tr9 td146"><P class="p1829 ft174">Ordförande</P></TD>
</TR>
<TR>
<TD class="tr11 td66"><P class="p18 ft178"> </P></TD>
<TD class="tr1 td409"><P class="p18 ft178"> </P></TD>
<TD class="tr11 td146"><P class="p18 ft178"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">386</P>
</DIV>
</DIV>
<DIV id="page_387">
<DIV id="p387dimg1">
<INGENBILD zsrc="H803173387x1.jpg/" id="p387img1">
</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 2</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 20/26</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">24.1.2020</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1830 ft172">Rättelse till Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014</P>
<P class="p1831 ft169">(Europeiska unionens officiella tidning L 314 av den 5 december 2019)</P>
<P class="p1247 ft169">Sidan 20, artikel 9.1</P>
<TABLE cellpadding=0 cellspacing=0 class="t147">
<TR>
<TD class="tr9 td54"><P class="p18 ft169">I stället för:</P></TD>
<TD colspan=2 class="tr9 td410"><P class="p160 ft169">”Artikel 9</P></TD>
</TR>
<TR>
<TD class="tr2 td54"><P class="p18 ft178"> </P></TD>
<TD colspan=2 class="tr2 td410"><P class="p160 ft171">Kapitalbasens sammansättning</P></TD>
</TR>
<TR>
<TD class="tr2 td54"><P class="p18 ft178"> </P></TD>
<TD class="tr2 td114"><P class="p160 ft169">1.</P></TD>
<TD class="tr2 td323"><P class="p18 ft164">Värdepappersföretag ska ha en kapitalbas som består av summan av dess kärnprimärkapital,</P></TD>
</TR>
<TR>
<TD class="tr45 td54"><P class="p18 ft213"> </P></TD>
<TD colspan=2 class="tr45 td410"><P class="p160 ft164">övrigt primärkapital för kapitaltäckningsändamål och supplementärkapital, och de ska vid varje given</P></TD>
</TR>
<TR>
<TD class="tr37 td54"><P class="p18 ft214"> </P></TD>
<TD colspan=2 class="tr37 td410"><P class="p160 ft166">tidpunkt uppfylla samtliga nedanstående villkor:</P></TD>
</TR>
<TR>
<TD class="tr27 td54"><P class="p18 ft178"> </P></TD>
<TD class="tr27 td114"><P class="p160 ft169">a)</P></TD>
<TD rowspan=2 class="tr48 td323"><P class="p1832 ft169">,</P></TD>
</TR>
<TR>
<TD class="tr38 td54"><P class="p18 ft218"> </P></TD>
<TD class="tr38 td114"><P class="p18 ft218"> </P></TD>
</TR>
<TR>
<TD class="tr41 td54"><P class="p18 ft178"> </P></TD>
<TD class="tr41 td114"><P class="p160 ft169">b)</P></TD>
<TD rowspan=2 class="tr49 td323"><P class="p1833 ft169">,</P></TD>
</TR>
<TR>
<TD class="tr38 td54"><P class="p18 ft218"> </P></TD>
<TD class="tr38 td114"><P class="p18 ft218"> </P></TD>
</TR>
<TR>
<TD class="tr41 td54"><P class="p18 ft178"> </P></TD>
<TD class="tr41 td114"><P class="p160 ft169">c)</P></TD>
<TD rowspan=2 class="tr49 td323"><P class="p1834 ft169">,”</P></TD>
</TR>
<TR>
<TD class="tr38 td54"><P class="p18 ft218"> </P></TD>
<TD class="tr38 td114"><P class="p18 ft218"> </P></TD>
</TR>
<TR>
<TD class="tr2 td54"><P class="p18 ft169">ska det stå:</P></TD>
<TD colspan=2 class="tr2 td410"><P class="p160 ft169">”Artikel 9</P></TD>
</TR>
<TR>
<TD class="tr33 td54"><P class="p18 ft178"> </P></TD>
<TD colspan=2 class="tr33 td410"><P class="p160 ft171">Kapitalbasens sammansättning</P></TD>
</TR>
<TR>
<TD class="tr16 td54"><P class="p18 ft178"> </P></TD>
<TD class="tr16 td114"><P class="p160 ft169">1.</P></TD>
<TD class="tr16 td323"><P class="p18 ft164">Värdepappersföretag ska ha en kapitalbas som består av summan av dess kärnprimärkapital,</P></TD>
</TR>
<TR>
<TD class="tr45 td54"><P class="p18 ft213"> </P></TD>
<TD colspan=2 class="tr45 td410"><P class="p160 ft164">övrigt primärkapital för kapitaltäckningsändamål och supplementärkapital, och de ska vid varje given</P></TD>
</TR>
<TR>
<TD class="tr8 td54"><P class="p18 ft178"> </P></TD>
<TD colspan=2 class="tr8 td410"><P class="p160 ft169">tidpunkt uppfylla samtliga nedanstående villkor:</P></TD>
</TR>
</TABLE>
<P class="p1835 ft166">a)</P>
<P class="p1836 ft169">,</P>
</DIV>
<DIV id="id_2">
<DIV id="id_2_1">
<P class="p14 ft169">b)</P>
<P class="p579 ft169">c)</P>
</DIV>
<DIV id="id_2_2">
<P class="p14 ft169">,</P>
<P class="p1837 ft169">,”</P>
</DIV>
</DIV>
<DIV id="id_3">
<P class="p14 ft169">Sidan 58, artikel 63.4 e</P>
<P class="p862 ft169">I stället för:<SPAN style="padding-left:49px;">”e) Punkt 7 ska ersättas med följande:</SPAN></P>
<P class="p1838 ft164">’7. Esma ska, i samråd med EBA, utarbeta ett förslag till tekniska tillsynsstandarder för att specificera den information som det ansökande tredjelandsföretaget ska lämna i den ansökan om registrering som avses i punkt 4 och den information som ska rapporteras i enlighet med punkt 6a.</P>
<P class="p1839 ft169">Esma ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 september 2021.</P>
<P class="p1840 ft169">Kommissionen ges befogenhet att komplettera denna förordning genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1095/2010.’”</P>
</DIV>
<DIV id="id_4">
<P class="p14 ft2">387</P>
</DIV>
</DIV>
<DIV id="page_388">
<DIV id="p388dimg1">
<INGENBILD zsrc="H803173388x1.jpg/" id="p388img1">
</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 2</P>
<TABLE cellpadding=0 cellspacing=0 class="t136">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">24.1.2020</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td352"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td128"><P class="p18 ft164">L 20/27</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td355"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td356"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="id_2">
<DIV id="id_2_1">
<P class="p14 ft169">ska det stå:</P>
<P class="p1841 ft237">Sidan 58, artikel 63.4 f I stället för:</P>
<P class="p1842 ft169">ska det stå:</P>
</DIV>
<DIV id="id_2_2">
<P class="p14 ft169">”e) Punkt 7 ska ersättas med följande:</P>
<P class="p1843 ft164">’7. Esma ska, i samråd med EBA, utarbeta ett förslag till tekniska tillsynsstandarder för att specificera den information som det ansökande tredjelandsföretaget ska lämna i den ansökan om registrering som avses i punkt 4 och den information som ska rapporteras i enlighet med punkt 6a.</P>
<P class="p1844 ft169">Esma ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 september 2020.</P>
<P class="p1845 ft166">Kommissionen ges befogenhet att komplettera denna förordning genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1095/2010.’”</P>
<P class="p355 ft169">”f) Följande punkt ska läggas till:</P>
<P class="p1846 ft169">’8. Esma ska utarbeta ett förslag till tekniska genomförandestandarder för att fastställa i vilket format den ansökan om registrering som avses i punkt 4 ska lämnas in och den information som avses i punkt 6a ska rapporteras.</P>
<P class="p1846 ft169">Esma ska överlämna detta förslag till tekniska genomförandestandarder till kommissionen senast den 26 september 2021.</P>
<P class="p1845 ft169">Kommissionen ges befogenhet att komplettera denna förordning genom att anta de tekniska genomförandestandarder som avses i första stycket i enlighet med artikel 15 i förordning (EU) nr 1095/2010.’”</P>
<P class="p969 ft169">”f) Följande punkt ska läggas till:</P>
<P class="p1846 ft169">’8. Esma ska utarbeta ett förslag till tekniska genomförandestandarder för att fastställa i vilket format den ansökan om registrering som avses i punkt 4 ska lämnas in och den information som avses i punkt 6a ska rapporteras.</P>
<P class="p1847 ft169">Esma ska överlämna detta förslag till tekniska genomförandestandarder till kommissionen senast den 26 september 2020.</P>
<P class="p1848 ft169">Kommissionen ges befogenhet att komplettera denna förordning genom att anta de tekniska genomförandestandarder som avses i första stycket i enlighet med artikel 15 i förordning (EU) nr 1095/2010.’”</P>
</DIV>
</DIV>
<DIV id="id_3">
<P class="p14 ft2">388</P>
</DIV>
</DIV>
<DIV id="page_389">
<DIV id="p389dimg1">
<INGENBILD zsrc="H803173389x1.jpg/" id="p389img1">
</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 3</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">2.12.2020</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 405/79</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1849 ft172">RÄTTELSER</P>
<P class="p1830 ft172">Rättelse till Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014</P>
<P class="p1850 ft169">(Europeiska unionens officiella tidning L 314 av den 5 december 2019)</P>
<P class="p1271 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft238">Sidan 20, artikel 9.1</SPAN></P>
<P class="p1851 ft164">I stället för:<SPAN style="padding-left:49px;">”1. Värdepappersföretag ska ha en kapitalbas som består av summan av dess kärnprimärkapital, övrigt primärkapital för kapitaltäckningsändamål och supplementärkapital, och de ska vid varje given tidpunkt uppfylla samtliga nedanstående villkor:</SPAN></P>
<P class="p1852 ft169">a) <INGENBILD zsrc="H803173389xi2.jpg/" id="p389inl_img1"> ,</P>
<P class="p1852 ft169">b) <INGENBILD zsrc="H803173389xi3.jpg/" id="p389inl_img2"> ,</P>
<P class="p1852 ft169">c) <INGENBILD zsrc="H803173389xi4.jpg/" id="p389inl_img3"> ,</P>
<TABLE cellpadding=0 cellspacing=0 class="t149">
<TR>
<TD class="tr9 td175"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td56"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td84"><P class="p1853 ft164">där […]”</P></TD>
</TR>
<TR>
<TD class="tr32 td175"><P class="p18 ft169">ska det stå:</P></TD>
<TD colspan=2 class="tr32 td413"><P class="p18 ft164">”1. Värdepappersföretag ska ha en kapitalbas som består av summan av dess kärnprimärkapital,</P></TD>
</TR>
<TR>
<TD class="tr45 td175"><P class="p18 ft213"> </P></TD>
<TD colspan=2 class="tr45 td413"><P class="p42 ft164">övrigt primärkapital för kapitaltäckningsändamål och supplementärkapital, och de ska vid</P></TD>
</TR>
<TR>
<TD class="tr45 td175"><P class="p18 ft213"> </P></TD>
<TD colspan=2 class="tr45 td413"><P class="p42 ft188">varje given tidpunkt uppfylla samtliga nedanstående villkor:</P></TD>
</TR>
<TR>
<TD class="tr3 td175"><P class="p18 ft178"> </P></TD>
<TD class="tr3 td56"><P class="p42 ft169">a)</P></TD>
<TD class="tr3 td84"><P class="p1854 ft169">,</P></TD>
</TR>
</TABLE>
<P class="p1855 ft169">b) <INGENBILD zsrc="H803173389xi5.jpg/" id="p389inl_img4"> ,</P>
<P class="p1856 ft169">c) <INGENBILD zsrc="H803173389xi6.jpg/" id="p389inl_img5"> ,</P>
<P class="p1857 ft169">där […]”.</P>
<P class="p1858 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft238">Sidan 35, artikel 33.2 andra stycket, formeln</SPAN></P>
<P class="p1218 ft169">I stället för:<SPAN style="padding-left:49px;">”Duration=(löptid (i år)) / 10”</SPAN></P>
<P class="p1411 ft169">ska det stå:<SPAN style="padding-left:50px;">”Duration = löptid (i år)/10”.</SPAN></P>
<P class="p1858 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft238">Sidan 46, artikel 57.2</SPAN></P>
<P class="p1859 ft169">I stället för:<SPAN style="padding-left:49px;">”2. Fram till och med den 26 juni 2026 […] förordning (EU) nr 575/2013 börjar tillämpas på kreditinstitut, beroende på vad som infaller senast, […]”</SPAN></P>
<P class="p1860 ft164">ska det stå:<SPAN style="padding-left:50px;">”2. Fram till och med den 26 juni 2026 […] förordning (EU) nr 575/2013 börjar tillämpas på kreditinstitut med avseende på kapitalbaskrav, beroende på vad som infaller senast, […]”.</SPAN></P>
<P class="p1861 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft238">Sidan 52, artikel 62 (Ändringar av förordning (EU) nr 575/2013), led 10 a</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">389</P>
</DIV>
</DIV>
<DIV id="page_390">
<DIV id="p390dimg1">
<INGENBILD zsrc="H803173390x1.jpg/" id="p390img1">
</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 3</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 405/80</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">2.12.2020</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
<TR>
<TD class="tr28 td80"><P class="p469 ft164">I stället för:</P></TD>
<TD class="tr28 td16"><P class="p18 ft178"> </P></TD>
<TD class="tr28 td414"><P class="p358 ft169">”a) Punkt 1 ska ersättas med följande:</P></TD>
<TD class="tr28 td57"><P class="p18 ft178"> </P></TD>
</TR>
</TABLE>
<P class="p1862 ft169">’[…]</P>
<P class="p1862 ft169"><SPAN class="ft169">i)</SPAN><SPAN class="ft203">[…]</SPAN></P>
<P class="p1863 ft164"><SPAN class="ft164">—</SPAN><SPAN class="ft198">Summan av kraven i artikel 92.1 a i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet, de krav som avses i artikel 500 i denna förordning och eventuella ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med kärnprimärkapital. […]</SPAN></P>
<P class="p1864 ft164"><SPAN class="ft164">ii)</SPAN><SPAN class="ft198">Det belopp av konsoliderat kärnprimärkapital som avser det dotterbolaget och som krävs på gruppnivå för att uppnå summan av kraven i artikel 92.1 a i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet, kraven i artikel 500 i denna förordning och ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med kärnprimärkapital.</SPAN></P>
<P class="p1865 ft166">b) Dotterföretagets minoritetsintressen uttryckta som en procentandel av samtliga kärnprimärkapitalinstrument i det företaget plus relaterade överkursfonder, balanserade vinstmedel och andra reserver.’ ”</P>
<P class="p1866 ft169">ska det stå:<SPAN style="padding-left:50px;">”a) Punkt 1 ska ersättas med följande:</SPAN></P>
<P class="p1862 ft169">’[…]</P>
<P class="p1862 ft169"><SPAN class="ft169">i)</SPAN><SPAN class="ft203">[…]</SPAN></P>
<P class="p1863 ft164"><SPAN class="ft164">—</SPAN><SPAN class="ft198">Summan av kraven i artikel 92.1 a i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet och eventuella ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med kärnprimärkapital. […]</SPAN></P>
<P class="p1867 ft164"><SPAN class="ft164">ii)</SPAN><SPAN class="ft198">Det belopp av konsoliderat kärnprimärkapital som avser det dotterbolaget och som krävs på gruppnivå för att uppnå summan av kraven i artikel 92.1 a i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet och ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med kärnprimärkapital.</SPAN></P>
<P class="p1868 ft169">b) Dotterföretagets minoritetsintressen uttryckta som en procentandel av samtliga kärnprimärkapitalposter i det företaget.’ ”</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">390</P>
</DIV>
</DIV>
<DIV id="page_391">
<DIV id="p391dimg1">
<INGENBILD zsrc="H803173391x1.jpg/" id="p391img1">
</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 3</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">2.12.2020</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 405/81</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1210 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft238">Sidan 53, artikel 62 (Ändringar av förordning (EU) nr 575/2013), led 11 a</SPAN></P>
<P class="p1411 ft169">I stället för:<SPAN style="padding-left:49px;">”a) Punkt 1 ska ersättas med följande:</SPAN></P>
<P class="p1869 ft169">’[…]</P>
<P class="p1869 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft211">[…]</SPAN></P>
<P class="p1870 ft164"><SPAN class="ft164">—</SPAN><SPAN class="ft217">Summan av kraven i artikel 92.1 b i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet, kraven i artikel 500 i denna förordning och ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med primärkapital. […]</SPAN></P>
<P class="p1871 ft164"><SPAN class="ft164">ii)</SPAN><SPAN class="ft198">Det belopp av konsoliderat primärkapital som avser det dotterbolaget och som krävs på gruppnivå för att uppnå summan av kraven i artikel 92.1 b i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU i denna förordning, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet, kraven i artikel 500 i denna förordning och ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med primärkapital.</SPAN></P>
<P class="p1872 ft166">b) Kvalificerande primärkapital i dotterföretaget uttryckt som en procentandel av samtliga primärkapitalinstrument i det företaget plus relaterade överkursfonder, balanserade vinstmedel och andra reserver.’ ”</P>
<P class="p1218 ft169">ska det stå:<SPAN style="padding-left:50px;">”a) Punkt 1 ska ersättas med följande:</SPAN></P>
<P class="p1869 ft169">’[…]</P>
<P class="p1869 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft211">[…]</SPAN></P>
<P class="p1870 ft164"><SPAN class="ft164">—</SPAN><SPAN class="ft217">Summan av kraven i artikel 92.1 b i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet och ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med primärkapital. […]</SPAN></P>
<P class="p1871 ft164"><SPAN class="ft164">ii)</SPAN><SPAN class="ft198">Det belopp av konsoliderat primärkapital som avser det dotterbolaget och som krävs på gruppnivå för att uppnå summan av kraven i artikel 92.1 b i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU i denna förordning, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet och ytterligare lokala tillsynsregler i tredjeländer, i den mån som dessa krav ska tillgodoses med primärkapital.</SPAN></P>
<P class="p1873 ft164">b) Kvalificerande primärkapital i dotterföretaget uttryckt som en procentandel av samtliga kärnprimärkapitalposter och övrigt primärkapital i det företaget.’ ”</P>
<P class="p1874 ft169"><SPAN class="ft164">6.</SPAN><SPAN class="ft238">Sidan 53, artikel 62 (Ändringar av förordning (EU) nr 575/2013), led 12 a</SPAN></P>
<P class="p1218 ft169">I stället för:<SPAN style="padding-left:49px;">”a) Punkt 1 ska ersättas med följande:</SPAN></P>
<P class="p1869 ft169">’[…]</P>
<P class="p1869 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft211">[…]</SPAN></P>
<P class="p1870 ft164"><SPAN class="ft164">—</SPAN><SPAN class="ft217">Summan av kraven i artikel 92.1 c i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet, kraven i artikel 500 i denna förordning och ytterligare lokala tillsynsregler i tredjeländer. […]</SPAN></P>
<P class="p1875 ft164"><SPAN class="ft164">ii)</SPAN><SPAN class="ft198">Det kapitalbasbelopp som avser det dotterbolaget och som krävs på gruppnivå för att uppnå summan av kraven i artikel 92.1 c i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet, kraven i artikel 500 i denna förordning och ytterligare kapitalbaskrav som följer av lokala tillsynsregler i tredjeländer.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">391</P>
</DIV>
</DIV>
<DIV id="page_392">
<DIV id="p392dimg1">
<INGENBILD zsrc="H803173392x1.jpg/" id="p392img1">
</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 3</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 405/82</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">2.12.2020</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1876 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Kvalificerande kapitalbas i företaget, uttryckt som procentandel av samtliga kapitalbasin strument i dotterföretaget som ingår i kärnprimärkapitalposter, övrigt primärkapital och supplementärkapitalposter samt relaterade överkursfonder, balanserade vinstmedel och andra reserver.’ ”</SPAN></P>
<P class="p1143 ft169">ska det stå:<SPAN style="padding-left:50px;">”a) Punkt 1 ska ersättas med följande:</SPAN></P>
<P class="p1862 ft169">’[…]</P>
<P class="p1862 ft169"><SPAN class="ft169">i)</SPAN><SPAN class="ft203">[…]</SPAN></P>
<P class="p1863 ft164"><SPAN class="ft164">—</SPAN><SPAN class="ft198">Summan av kraven i artikel 92.1 c i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet och ytterligare lokala tillsynsregler i tredjeländer. […]</SPAN></P>
<P class="p1867 ft164"><SPAN class="ft164">ii)</SPAN><SPAN class="ft198">Det kapitalbasbelopp som avser det dotterbolaget och som krävs på gruppnivå för att uppnå summan av kraven i artikel 92.1 c i denna förordning, de krav som avses i artiklarna 458 och 459 i denna förordning, de särskilda kapitalbaskrav som avses i artikel 104 i direktiv 2013/36/EU, det kombinerade buffertkrav som definieras i artikel 128.6 i det direktivet och ytterligare kapitalbaskrav som följer av lokala tillsynsregler i tredjeländer.</SPAN></P>
<P class="p1877 ft164">b) Kvalificerande kapitalbas i företaget, uttryckt som procentandel av summan av samtliga kärnprimärkapitalposter, övriga primärkapitalposter och supplementärkapitalposter, med undantag för de belopp som avses i artikel 62 c och d, i det företaget.’ ”</P>
<P class="p1878 ft169"><SPAN class="ft164">7.</SPAN><SPAN class="ft238">Sidan 55, artikel 62 (Ändringar av förordning (EU) nr 575/2013), led 25</SPAN></P>
<P class="p1196 ft169">I stället för:<SPAN style="padding-left:49px;">”25. Artikel 395.1 ska ersättas med följande:</SPAN></P>
<P class="p1879 ft169">’1. […] gentemot alla kunder med inbördes anknytning som inte utgör institut, inte överstiger 25 % av institutets primärkapital.’ ”</P>
<P class="p1287 ft169">ska det stå:<SPAN style="padding-left:50px;">”25. I artikel 395.1 ska första stycket ersättas med följande:</SPAN></P>
<P class="p1880 ft164">’1. […] gentemot alla kunder med inbördes anknytning som inte utgör institut eller värdepappersföretag, inte överstiger 25 % av institutets primärkapital.’ ”</P>
<P class="p1881 ft169"><SPAN class="ft164">8.</SPAN><SPAN class="ft238">Sidan 56, artikel 62 (Ändringar av förordning (EU) nr 575/2013), led 33</SPAN></P>
<P class="p1263 ft169">I stället för:<SPAN style="padding-left:49px;">”33. I artikel 498.1 ska första stycket ersättas med följande:</SPAN></P>
<P class="p1882 ft169">’[…], vilka den 31 december 2006 inte omfattades av Europaparlamentets och rådets direktiv 2004/39/EG.’ ”</P>
<P class="p1287 ft169">ska det stå:<SPAN style="padding-left:50px;">”33. Artikel 498 ska ersättas med följande:</SPAN></P>
<P class="p1883 ft169">’Artikel 498</P>
<P class="p1883 ft171">Undantag för råvaruhandlare</P>
<P class="p179 ft166">Fram till och med den 26 juni 2021 […], vilka den 31 december 2006 inte omfattades av</P>
<P class="p99 ft169">Europaparlamentets och rådets direktiv 2004/39/EG.’ ”</P>
<P class="p1884 ft169"><SPAN class="ft164">9.</SPAN><SPAN class="ft238">Sidan 61, artikel 63 (Ändringar av förordning (EU) nr 600/2014), leden 6 och 7</SPAN></P>
<P class="p1263 ft169">I stället för:<SPAN style="padding-left:49px;">”6. Artikel 49 ska ersättas med följande: […]</SPAN></P>
<P class="p1885 ft169">7. I artikel 52 ska följande punkt läggas till: […]”</P>
<P class="p1886 ft239">ska det stå:<SPAN style="padding-left:50px;">”6. Artikel 49 ska ersättas med följande: […]</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">392</P>
</DIV>
</DIV>
<DIV id="page_393">
<DIV id="p393dimg1">
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</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 3</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">2.12.2020</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 405/83</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1887 ft169">6a. Artikel 50 ska ändras på följande sätt:</P>
<P class="p1888 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">Punkt 2 ska ersättas med följande:</SPAN></P>
<P class="p1889 ft164">’2. Befogenheten att anta delegerade akter som avses i artiklarna 1.9, 2.2, 13.2, 15.5, 17.3, 19.2, 19.3, 31.4, 40.8, 41.8, 42.7, 45.10, 47.1a, 52.10 och 52.12 ska ges till kommissionen tills vidare från och med den 2 juli 2014.’</P>
<P class="p1890 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">Punkt 3 ska ersättas med följande:</SPAN></P>
<P class="p1889 ft164">’3. Den delegering av befogenheter som avses i artiklarna 1.9, 2.2, 13.2, 15.5, 17.3, 19.2, 19.3, 31.4, 40.8, 41.8, 42.7, 45.10, 47.1a, 52.10 och 52.12 får när som helst återkallas av Europaparlamentet eller rådet. Beslutet om återkallande ska avsluta delegeringen av de befogenheter som anges i beslutet. Beslutet får verkan dagen efter det att det offentliggörs i Europeiska unionens officiella tidning, eller vid ett senare i beslutet angivet datum. Beslutet påverkar inte giltigheten av delegerade akter som redan har trätt i kraft.’</P>
<P class="p1890 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft203">Punkt 5 ska ersättas med följande:</SPAN></P>
<P class="p1889 ft164">’5. En delegerad akt som antagits enligt artikel 1.9, 2.2, 13.2, 15.5, 17.3, 19.2, 19.3, 31.4, 40.8, 41.8, 42.7, 45.10, 47.1a, 52.10 eller 52.12 träder i kraft endast om Europaparlamentet eller rådet inte har gjort några invändningar inom tre månader från det att akten anmäldes till Europaparlamentet och rådet, eller om Europapar lamentet och rådet, innan den perioden löper ut, båda har underrättat kommissionen om att de inte har några invändningar. Denna period ska förlängas med tre månader på Europaparlamentets eller rådets initiativ.’</P>
<P class="p1891 ft169"><SPAN class="ft164">7.</SPAN><SPAN class="ft211">I artikel 52 ska följande punkt läggas till: […]”.</SPAN></P>
<P class="p1892 ft169"><SPAN class="ft164">10.</SPAN><SPAN class="ft222">Sidan 63, artikel 66.3 b</SPAN></P>
<P class="p1218 ft169">I stället för:<SPAN style="padding-left:49px;">”b) Artikel 62.30 ska tillämpas från och med den 25 december 2019.”</SPAN></P>
<P class="p1218 ft169">ska det stå:<SPAN style="padding-left:50px;">”b) Artikel 62.30, 62.32 och 62.33 ska tillämpas från och med den 25 december 2019.”</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">393</P>
</DIV>
</DIV>
<DIV id="page_394">
<DIV id="p394dimg1">
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</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/64</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1893 ft170">DIREKTIV</P>
<P class="p1894 ft171">EUROPAPARLAMENTETS OCH RÅDETS DIREKTIV (EU) 2019/2034</P>
<P class="p1136 ft171">av den 27 november 2019</P>
<P class="p1137 ft171">om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG,</P>
<P class="p479 ft171">2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU</P>
<P class="p1139 ft172">(Text av betydelse för EES)</P>
<P class="p1884 ft164">EUROPAPARLAMENTET OCH EUROPEISKA UNIONENS RÅD HAR ANTAGIT DETTA DIREKTIV</P>
<P class="p1143 ft169">med beaktande av fördraget om Europeiska unionens funktionssätt, särskilt artikel 53.1,</P>
<P class="p1196 ft169">med beaktande av Europeiska kommissionens förslag,</P>
<P class="p1196 ft169">efter översändande av utkastet till lagstiftningsakt till de nationella parlamenten,</P>
<P class="p1142 ft169">med beaktande av Europeiska centralbankens yttrande (<SPAN class="ft173">1</SPAN>),</P>
<P class="p1196 ft169">med beaktande av Europeiska ekonomiska och sociala kommitténs yttrande (<SPAN class="ft173">2</SPAN>),</P>
<P class="p1142 ft169">i enlighet med det ordinarie lagstiftningsförfarandet (<SPAN class="ft173">3</SPAN>), och</P>
<P class="p1196 ft169">av följande skäl:</P>
<P class="p1895 ft164"><SPAN class="ft174">(1)</SPAN><SPAN class="ft175">En robust tillsyn utgör en väsentlig del av de villkor enligt vilka finansiella institut tillhandahåller tjänster inom unionen. I fråga om tillsynsbehandling omfattas värdepappersföretag, tillsammans med kreditinstitut, av Europapar lamentets och rådets förordning (EU) nr 575/2013 (</SPAN><SPAN class="ft176">4</SPAN>) och Europaparlamentets och rådets direktiv 2013/36/EU (<SPAN class="ft176">5</SPAN>), medan auktorisationskrav och övriga krav avseende organisation och uppförande fastställs i Europaparlamentets och rådets direktiv 2014/65/EU (<SPAN class="ft176">6</SPAN>).</P>
<P class="p1896 ft164"><SPAN class="ft174">(2)</SPAN><SPAN class="ft175">De nuvarande tillsynsordningar som fastställs i förordning (EU) nr 575/2013 och direktiv 2013/36/EU utgår i huvudsak från de successiva ändringar av de internationella regelstandarderna för stora bankkoncerner som antagits av Baselkommittén för banktillsyn och tar bara delvis hänsyn till de särskilda risker som är inneboende i de olika verksamheterna i ett stort antal värdepappersföretag. Dessa värdepappersföretags särskilda inneboende sårbarheter och risker bör därför hanteras genom effektiva, lämpliga och proportionella tillsynsbestämmelser på unionsnivå som bidrar till att skapa lika villkor i hela unionen som garanterar en effektiv tillsyn, samtidigt som efterlevnads kostnaderna hålls under kontroll, och som säkerställer tillräckligt med kapital för värdepappersföretagens risker.</SPAN></P>
<P class="p1195 ft164"><SPAN class="ft174">(3)</SPAN><SPAN class="ft175">Sunda tillsynskrav bör säkerställa att värdepappersföretag förvaltas på ett ordnat sätt som tjänar kundernas intressen. De bör ta hänsyn till att värdepappersföretag och deras kunder kan ägna sig åt ett alltför stort risktagande och till storleken på de risker som värdepappersföretag tar och utgör. Sådana tillsynskrav bör dessutom försöka undvika att lägga en oproportionerlig administrativ börda på värdepappersföretag. Samtidigt bör sådan tillsyn göra det möjligt att nå en balans mellan att säkerställa att värdepappersföretag är säkra och sunda och att undvika överdrivna kostnader som kan undergräva bärkraften i deras affärsverksamhet.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t151">
<TR>
<TD class="tr8 td124"><P class="p247 ft174">(<SPAN class="ft176">1</SPAN>)</P></TD>
<TD class="tr8 td292"><P class="p37 ft164">EUT C 378, 19.10.2018, s. 5.</P></TD>
</TR>
<TR>
<TD class="tr44 td124"><P class="p247 ft174">(<SPAN class="ft176">2</SPAN>)</P></TD>
<TD class="tr44 td292"><P class="p37 ft165">EUT C 262, 25.7.2018, s. 35.</P></TD>
</TR>
<TR>
<TD class="tr44 td124"><P class="p247 ft174">(<SPAN class="ft176">3</SPAN>)</P></TD>
<TD class="tr44 td292"><P class="p37 ft177">Europaparlamentets ståndpunkt av den 16 april 2019 (ännu ej offentliggjort i EUT) och rådets beslut av den 8 november 2019.</P></TD>
</TR>
</TABLE>
<P class="p41 ft165">(<SPAN class="ft176">4</SPAN>) Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och</P>
<TABLE cellpadding=0 cellspacing=0 class="t138">
<TR>
<TD class="tr45 td124"><P class="p18 ft178"> </P></TD>
<TD class="tr45 td357"><P class="p37 ft164">värdepappersföretag och om ändring av förordning (EU) nr 648/2012 (EUT L 176, 27.6.2013, s. 1).</P></TD>
</TR>
<TR>
<TD class="tr44 td124"><P class="p247 ft174">(<SPAN class="ft176">5</SPAN>)</P></TD>
<TD class="tr44 td357"><P class="p37 ft174">Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD class="tr44 td124"><P class="p18 ft178"> </P></TD>
<TD class="tr44 td357"><P class="p37 ft165">tillsyn av kreditinstitut och värdepappersföretag, om ändring av direktiv 2002/87/EG och om upphävande av direktiv 2006/48/EG</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr2 td124"><P class="p247 ft174">(<SPAN class="ft176">6</SPAN>)</P></TD>
<TD class="tr44 td357"><P class="p37 ft165">och 2006/49/EG (EUT L 176, 27.6.2013, s. 338).</P></TD>
</TR>
<TR>
<TD class="tr44 td357"><P class="p37 ft177">Europaparlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr45 td124"><P class="p18 ft178"> </P></TD>
<TD class="tr45 td357"><P class="p37 ft164">direktiv 2002/92/EG och av direktiv 2011/61/EU (EUT L 173, 12.6.2014, s. 349).</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">394</P>
</DIV>
</DIV>
<DIV id="page_395">
<DIV id="p395dimg1">
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</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/65</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1149 ft164"><SPAN class="ft174">(4)</SPAN><SPAN class="ft181">Många av de krav som härrör från det regelverk som utgörs av förordning (EU) nr 575/2013 och direktiv 2013/36/EU är utformade för att hantera risker som är gemensamma för kreditinstituten. De nuvarande kraven är därför i hög grad inriktade på att bevara kreditinstitutens utlåningsförmåga genom konjunkturcyklerna och att skydda insättare och skattebetalare från eventuellt fallissemang, och inte på att hantera värdepappersföretagens alla olika riskprofiler. Värdepappersföretag har inte stora portföljer med privat- och företagslån och tar inte emot inlåning. Sannolikheten för att deras fallissemang kan få skadliga effekter för den finansiella stabiliteten i stort är mindre än för kreditinstituten men värdepappersföretag innebär ändå en risk som måste hanteras genom ett robust regelverk. De risker som de flesta värdepappersföretag är exponerade för och utgör skiljer sig därför i hög grad från de risker som kreditinstitut är exponerade för och utgör, och sådana skillnader bör tydligt återspeglas i unionens tillsynsregelverk.</SPAN></P>
<P class="p1897 ft164"><SPAN class="ft174">(5)</SPAN><SPAN class="ft175">Skillnader i tillämpningen av det nuvarande tillsynsregelverket i olika medlemsstater riskerar att skapa en situation med olika villkor för värdepappersföretag i unionen, vilket skulle hämma investerarnas tillgång till nya möjligheter och bättre riskhanteringsmetoder. Skillnaderna beror på att det är komplicerat att tillämpa regelverket på olika värdepappersföretag utifrån vilka tjänster de tillhandahåller, i fall då vissa nationella myndigheter anpassar eller förenklar tillämpningen i sin nationella rätt eller praxis. Eftersom det nuvarande tillsynsregelverket inte beaktar alla risker som vissa typer av värdepappersföretag är exponerade för och utgör har stora kapitaltillägg tillämpats för vissa värdepappersföretag i en del medlemsstater. Det bör fastställas enhetliga bestämmelser som hanterar dessa risker för att säkerställa en harmoniserad tillsyn av värdepappersföretag i hela unionen.</SPAN></P>
<P class="p1898 ft164"><SPAN class="ft174">(6)</SPAN><SPAN class="ft181">Det krävs därför en särskild tillsynsordning för värdepappersföretag som på grund av storlek och grad av sammanlänkning med andra finansiella och ekonomiska aktörer inte är systemviktiga. Systemviktiga värdepappersföretag bör emellertid även i fortsättningen omfattas av det nuvarande tillsynsregelverket enligt förordning (EU) nr 575/2013 och direktiv 2013/36/EU. Dessa värdepappersföretag utgör en underkategori av värdepappersföretag som regelverket i förordning (EU) nr 575/2013 och i direktiv 2013/36/EU för närvarande är tillämpligt på och som inte omfattas av särskilda undantag från något av deras viktigaste krav. De största och mest sammanlänkade värdepappersföretagen har affärsmodeller och riskprofiler som liknar de betydande kreditinstitutens. De erbjuder s.k. bankliknande tjänster och försäkrar risker i betydande omfattning. Systemviktiga värdepappersföretag är dessutom stora nog för att utgöra, och har affärsmodeller och riskprofiler som utgör, ett lika stort hot mot de finansiella marknadernas stabilitet och ordnade funktion som stora kreditinstitut. Dessa värdepappersföretag bör därför även i fortsättningen omfattas av bestämmelserna i förordning (EU) nr 575/2013 och direktiv 2013/36/EU.</SPAN></P>
<P class="p1899 ft164"><SPAN class="ft174">(7)</SPAN><SPAN class="ft181">Det är möjligt att värdepappersföretag som handlar för egen räkning, som bedriver garantiverksamhet för finansiella instrument eller placerar finansiella instrument på grundval av ett fast åtagande i betydande omfattning, eller som är clearingmedlemmar i centrala motparter, har affärsmodeller och riskprofiler som liknar kreditinstitutens. Med tanke på deras storlek och verksamhet är det möjligt att sådana värdepappersföretag utgör en risk för den finansiella stabiliteten som är jämförbar med den risk kreditinstituten utgör. De behöriga myndigheterna bör ha möjlighet att kräva att de även framöver omfattas av samma tillsynsbehandling som kreditinstitut som omfattas av tillämpningsområdet för förordning (EU) nr 575/2013 och att de ska uppfylla tillsynskraven i direktiv 2013/36/EU.</SPAN></P>
<P class="p1900 ft164"><SPAN class="ft164">(8)</SPAN><SPAN class="ft181">I vissa medlemsstater kan de myndigheter som är behöriga för tillsynen av värdepappersföretag vara andra än de myndigheter som är behöriga för tillsyn av marknadsuppförande. Det är därför nödvändigt att skapa en mekanism för samarbete och informationsutbyte mellan dessa myndigheter för att i hela unionen säkerställa en harmoniserad tillsyn av värdepappersföretag som fungerar snabbt och effektivt.</SPAN></P>
<P class="p1898 ft164"><SPAN class="ft174">(9)</SPAN><SPAN class="ft181">Ett värdepappersföretag får bedriva handel via en clearingmedlem i en annan medlemsstat. I en sådan situation bör det införas en mekanism för informationsutbyte mellan de berörda behöriga myndigheterna i de olika medlemsstaterna. En sådan mekanism bör medge informationsutbyte mellan den myndighet som är behörig för tillsynen av värdepappersföretaget och antingen den myndighet som utövar tillsyn över clearingmedlemmen eller den myndighet som utövar tillsyn över den centrala motparten om den modell och de parametrar som används för beräkningen av värdepappersföretagets krav på marginalsäkerhet om en sådan beräkningsmetod används som grund för värdepappersföretagets kapitalbaskrav.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">395</P>
</DIV>
</DIV>
<DIV id="page_396">
<DIV id="p396dimg1">
<INGENBILD zsrc="H803173396x1.jpg/" id="p396img1">
</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/66</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1901 ft166"><SPAN class="ft164">(10)</SPAN><SPAN class="ft187">För att främja harmonisering av tillsynsstandarder och tillsynspraxis inom unionen bör Europeiska tillsynsmyn</SPAN></P>
<P class="p1902 ft164">digheten (Europeiska bankmyndigheten), inrättad genom Europaparlamentets och rådets förordning (EU) nr 1093/2010 (<SPAN class="ft176">7</SPAN>) (EBA) i nära samarbete med Europeiska tillsynsmyndigheten (Europeiska värdepappers- och marknadsmyndigheten), inrättad genom Europaparlamentets och rådets förordning (EU) nr 1095/2010 (<SPAN class="ft176">8</SPAN>) (Esma) även framöver ha huvudansvaret för samordning och utveckling av en samstämmig tillsynspraxis när det gäller tillsynen av värdepappersföretag inom det europeiska systemet för finansiell tillsyn (ESFS).</P>
<P class="p1903 ft164"><SPAN class="ft164">(11)</SPAN><SPAN class="ft182">Storleken på det startkapital som ett värdepappersföretag måste ha bör utgå från de tjänster och verksamheter som värdepappersföretaget har auktorisation att tillhandahålla och utföra i enlighet med direktiv 2014/65/EU. Medlemsstaternas möjlighet att i vissa situationer sänka kravet på startkapital på det sätt som föreskrivs i direktiv 2013/36/EU och det faktum att det direktivet inte har genomförts på samma sätt överallt har lett till en situation där kravet på startkapital varierar inom unionen. För att komma till rätta med denna fragmentering bör kravet på startkapital harmoniseras för alla värdepappersföretag i unionen. I syfte att minska de hinder för marknadstillträde som för närvarande finns för multilaterala handelsplattformar (nedan kallade </SPAN><NOBR>MTF-plattformar)</NOBR> och organiserade handelsplattformar (nedan kallade <NOBR>OTF-plattformar)</NOBR> ska startkapitalet för värdepappersföretag som driver en MTF- eller <NOBR>OTF-plattform</NOBR> fastställas på den nivå som anges i detta direktiv. Om ett värdepappersföretag som är auktoriserat för att driva en OTF<SPAN class="ft184">‐</SPAN>plattform har fått tillstånd att även bedriva handel för egen räkning enligt villkoren i artikel 20 i direktiv 2014/65/EU bör dess startkapital fastställas till den nivå som anges i det här direktivet.</P>
<P class="p1904 ft164"><SPAN class="ft164">(12)</SPAN><SPAN class="ft182">Även om värdepappersföretag inte längre bör omfattas av tillämpningsområdet för förordning (EU) nr 575/2013 eller direktiv 2013/36/EU bör vissa begrepp som används i samband med de lagstiftningsakterna behålla sin väletablerade betydelse. För att möjliggöra och underlätta en enhetlig tolkning av sådana begrepp i unionsrättsakter bör hänvisningar i sådana akter till värdepappersföretags startkapital, till behöriga myndigheters tillsynsbefogenheter när det gäller värdepappersföretag, till värdepappersföretags interna processer för bedömning av kapitalbehov, till behöriga myndigheters översyns- och utvärderingsprocess för värdepappersföretag och till bestämmelser om styrning och ersättning som är tillämpliga på värdepappersföretag läsas som hänvisningar till motsvarande bestämmelser i det här direktivet.</SPAN></P>
<P class="p1169 ft164"><SPAN class="ft164">(13)</SPAN><SPAN class="ft182">En väl fungerande inre marknad förutsätter att ansvaret för tillsynen över ett värdepappersföretag, framför allt i fråga om dess solvens och finansiella sundhet, ligger hos den behöriga myndigheten i dess hemmedlemsstat. För att även uppnå en effektiv tillsyn av värdepappersföretag i andra medlemsstater, där de tillhandahåller tjänster eller har en filial, bör ett nära samarbete och informationsutbyte med de behöriga myndigheterna i dessa medlemsstater säkerställas.</SPAN></P>
<P class="p1155 ft166"><SPAN class="ft164">(14)</SPAN><SPAN class="ft187">För att få information och bedriva tillsyn, och framför allt för att säkerställa stabiliteten i det finansiella systemet, bör värdmedlemsstaters behöriga myndigheter i det enskilda fallet kunna utföra kontroller på plats, inspektera verksamheten hos värdepappersföretags filialer inom deras territorium och kräva information om den verksamhet som dessa filialer bedriver. Ansvaret för tillsynsåtgärder avseende dessa filialer bör emellertid även framöver vila på hemmedlemsstaten.</SPAN></P>
<P class="p1905 ft169"><SPAN class="ft164">(15)</SPAN><SPAN class="ft197">För att skydda känslig affärsinformation bör behöriga myndigheter vara bundna av tystnadsplikt när de fullgör sitt tillsynsuppdrag och när de utbyter konfidentiell information.</SPAN></P>
<P class="p1906 ft164"><SPAN class="ft164">(16)</SPAN><SPAN class="ft182">För att stärka tillsynen av värdepappersföretag och skyddet av deras kunder bör revisorer utföra sin kontroll opartiskt och omgående rapportera sakförhållanden som kan ha en allvarlig inverkan på ett värdepappersföretags finansiella situation eller på dess administrations- och redovisningsorganisation till behöriga myndigheter.</SPAN></P>
<P class="p1907 ft165">(<SPAN class="ft176">7</SPAN>) Europaparlamentets och rådets förordning (EU) nr 1093/2010 av den 24 november 2010 om inrättande av en europeisk tillsynsmyndighet (Europeiska bankmyndigheten), om ändring av beslut nr 716/2009/EG och om upphävande av kommissionens beslut 2009/78/EG (EUT L 331, 15.12.2010, s. 12).</P>
<P class="p1908 ft164">(<SPAN class="ft176">8</SPAN>) Europaparlamentets och rådets förordning (EU) nr 1095/2010 av den 24 november 2010 om inrättande av en europeisk tillsynsmyndighet (Europeiska värdepappers- och marknadsmyndigheten), om ändring av beslut nr 716/2009/EG och om upphävande av kommissionens beslut 2009/77/EG (EGT L 331, 15.12.2010, s. 84).</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">396</P>
</DIV>
</DIV>
<DIV id="page_397">
<DIV id="p397dimg1">
<INGENBILD zsrc="H803173397x1.jpg/" id="p397img1">
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<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/67</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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</TABLE>
<P class="p1149 ft164"><SPAN class="ft164">(17)</SPAN><SPAN class="ft183">I samband med tillämpningen av detta direktiv bör personuppgifter behandlas i enlighet med Europaparlamentets och rådets förordning (EU) 2016/679 (</SPAN><SPAN class="ft176">9</SPAN>) och Europaparlamentets och rådets förordning (EU) 2018/1725 (<SPAN class="ft176">10</SPAN>). I fall då detta direktiv tillåter utbyte av personuppgifter med tredjeländer bör relevanta bestämmelser i kapitel V i förordning (EU) 2016/679 och kapitel V i förordning (EU) 2018/1725 vara tillämpliga.</P>
<P class="p1909 ft164"><SPAN class="ft164">(18)</SPAN><SPAN class="ft183">För att säkerställa att de skyldigheter som fastställs i detta direktiv och i Europaparlamentets och rådets förordning (EU) 2019/2033 (</SPAN><SPAN class="ft176">11</SPAN>) efterlevs bör medlemsstaterna föreskriva administrativa sanktioner och andra administrativa åtgärder som är effektiva, proportionella och avskräckande. För att säkerställa att administrativa sanktioner har en avskräckande verkan bör de offentliggöras, utom under vissa väl definierade omständigheter. För att kunder och investerare ska kunna fatta väl underbyggda beslut om sina investeringsalternativ bör de ha tillgång till information om de administrativa sanktioner och andra administrativa åtgärder som ålagts värdepappersföretagen.</P>
<P class="p1910 ft164"><SPAN class="ft164">(19)</SPAN><SPAN class="ft183">För att upptäcka överträdelser av nationella bestämmelser som införlivar detta direktiv och överträdelser av förordning (EU) 2019/2033 bör medlemsstaterna ha nödvändiga undersökningsbefogenheter och inrätta effektiva och snabba mekanismer för rapportering av potentiella eller faktiska överträdelser.</SPAN></P>
<P class="p1910 ft164"><SPAN class="ft164">(20)</SPAN><SPAN class="ft183">Värdepappersföretag som inte anses vara små och </SPAN><NOBR>icke-sammanlänkade</NOBR> bör ha ett tillgängligt internt kapital som är tillräckligt i fråga om kvantitet, kvalitet och fördelning för att täcka de särskilda risker mot vilka de är eller kan bli exponerade. Behöriga myndigheter bör säkerställa att värdepappersföretagen har tillräckliga strategier och processer för att bedöma om det interna kapitalet är tillräckligt och bibehålla det på en tillräcklig nivå. Behöriga myndigheter bör också kunna begära att även små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag tillämpar liknande krav, där så är lämpligt.</P>
<P class="p1898 ft164"><SPAN class="ft164">(21)</SPAN><SPAN class="ft183">Befogenheterna vad gäller översyn och utvärdering bör även framöver vara ett viktigt regleringsverktyg som tillåter behöriga myndigheter att bedöma kvalitativa element, däribland intern styrning och interna kontroller, processer och förfaranden för riskhantering, och vid behov fastställa ytterligare krav, särskilt i fråga om kapitalbaskrav och likviditetskrav, särskilt för värdepappersföretag som inte anses vara små och </SPAN><NOBR>icke-sammanlänkade</NOBR> och, när den behöriga myndigheten bedömer att det är motiverat och lämpligt, även för små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag.</P>
<P class="p1898 ft164"><SPAN class="ft164">(22)</SPAN><SPAN class="ft183">Principen om lika lön för kvinnor och män för lika arbete eller likvärdigt arbete fastställs i artikel 157 i fördraget om Europeiska unionens funktionssätt </SPAN><NOBR>(EUF-fördraget).</NOBR> Denna princip bör tillämpas konsekvent av värdepappersföretag. För att anpassa ersättningarna till värdepappersföretagens riskprofiler och säkerställa lika villkor bör värdepappersföretag omfattas av tydliga principer om bolagsstyrning och ersättningsregler som är könsneutrala och tar hänsyn till skillnaderna mellan kreditinstitut och värdepappersföretag. Små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag bör emellertid undantas från dessa regler eftersom bestämmelserna om ersättningar och bolagsstyrning i direktiv 2014/65/EU är tillräckligt utförliga för dessa typer av värdepappersföretag.</P>
<P class="p1909 ft164"><SPAN class="ft164">(23)</SPAN><SPAN class="ft183">På liknande sätt visade kommissionens rapport av den 28 juli 2016 om bedömning av ersättningsreglerna i direktiv 2013/36/EU och förordning (EU) nr 575/2013 att kraven på uppskjuten utbetalning och utbetalning i instrument som fastställs i direktiv 2013/36/EU inte är lämpliga för små och </SPAN><NOBR>icke-komplicerade</NOBR> värdepappersföretag eller för personal med låg rörlig ersättning. Tydliga, enhetliga och harmoniserade kriterier för att fastställa vilka värdepappersföretag och enskilda personer som är undantagna från dessa krav behövs för att säkerställa en samstämmig tillsyn och lika villkor. Med tanke på den viktiga roll som höginkomsttagare spelar när det gäller att styra värdepappersföretagens verksamhet och långsiktiga resultat, bör en effektiv översyn av ersättningspraxis och trender med avseende på höginkomsttagare säkerställas. De behöriga myndigheterna bör därför kunna övervaka ersättningen till höginkomsttagare.</P>
<P class="p1911 ft165">(<SPAN class="ft176">9</SPAN>) Europaparlamentets och rådets förordning (EU) 2016/679 av den 27 april 2016 om skydd för fysiska personer med avseende på behandling av personuppgifter och om det fria flödet av sådana uppgifter och om upphävande av direktiv 95/46/EG (allmän dataskyddsförordning) (EUT L 119, 4.5.2016, s. 1).</P>
<P class="p1912 ft165">(<SPAN class="ft176">10</SPAN>) Europaparlamentets och rådets förordning (EU) 2018/1725 av den 23 oktober 2018 om skydd för fysiska personer med avseende på behandling av personuppgifter som utförs av unionens institutioner, organ och byråer och om det fria flödet av sådana uppgifter samt om upphävande av förordning (EG) nr 45/2001 och beslut nr 1247/2002/EG (EUT L 295, 21.11.2018, s. 39).</P>
<P class="p1913 ft164">(<SPAN class="ft176">11</SPAN>) Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014 (se sidan 1 i detta nummer av EUT).</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">397</P>
</DIV>
</DIV>
<DIV id="page_398">
<DIV id="p398dimg1">
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</DIV>
<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/68</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1154 ft164"><SPAN class="ft164">(24)</SPAN><SPAN class="ft182">Det är även lämpligt att ge värdepappersföretagen en viss flexibilitet när det gäller hur värdepappersföretag använder </SPAN><NOBR>icke-kontanta</NOBR> instrument för att betala ut rörlig ersättning, under förutsättning att sådana instrument är effektiva för att uppnå målet att förena personalens intressen med olika intressenters, till exempel aktieägares och borgenärers, intressen och bidrar till att den rörliga ersättningen överensstämmer med värdepappersföretagets riskprofil.</P>
<P class="p1903 ft164"><SPAN class="ft164">(25)</SPAN><SPAN class="ft182">Värdepappersföretagens intäkter i form av avgifter, provisioner och andra intäkter i samband med tillhandahållandet av olika investeringstjänster är mycket volatila. Om den rörliga ersättningskomponenten skulle begränsas till en andel av den fasta ersättningskomponenten skulle detta påverka värdepappersföretagets förmåga att sänka ersättningen när intäkterna minskar och öka värdepappersföretagets fasta kostnadsbas, vilket i sin tur skulle ge upphov till risker för värdepappersföretagets förmåga att klara perioder av ekonomisk nedgång eller minskade intäkter. För att undvika sådana risker bör en gemensam maximikvot mellan de rörliga och de fasta ersättningsdelarna inte införas för </SPAN><NOBR>icke-systemviktiga</NOBR> värdepappersföretag. Dessa värdepappersföretag bör i stället själva fastställa lämpliga kvoter. Detta direktiv bör dock inte hindra medlemsstaterna från att i sin nationella rätt införa åtgärder med strängare krav på värdepappersföretagen när det gäller maximikvoten mellan de rörliga och de fasta ersättningsdelarna. Detta direktiv bör inte heller hindra medlemsstaterna från att tillämpa en sådan maximikvot på alla eller särskilda typer av värdepappersföretag.</P>
<P class="p1914 ft169"><SPAN class="ft164">(26)</SPAN><SPAN class="ft197">Detta direktiv bör inte hindra medlemsstater från att anta strängare regler om ersättning när värdepappersföretag får extraordinärt offentligt finansiellt stöd.</SPAN></P>
<P class="p1157 ft164"><SPAN class="ft164">(27)</SPAN><SPAN class="ft182">Olika styrningsstrukturer tillämpas i medlemsstaterna. I de flesta fall tillämpas en monistisk eller en dualistisk ledningsstruktur. Definitionerna i det här direktivet är tänkta att omfatta alla befintliga strukturer utan att förespråka någon särskild. De är endast till för upprättandet av regler som syftar till att ett visst resultat uppnås, oavsett vilken nationell bolagsrätt som är tillämplig för ett institut i en medlemsstat. Definitionerna bör därför inte påverka den allmänna fördelningen av befogenheter i enlighet med nationell bolagsrätt.</SPAN></P>
<P class="p1903 ft164"><SPAN class="ft164">(28)</SPAN><SPAN class="ft182">Ledningsorgan bör antas ha verkställande funktioner och tillsynsfunktioner. Ledningsorganen i de olika medlemsstaterna har olika befogenheter och strukturer. I medlemsstater där ledningsorganen har en monistisk struktur utför en enda styrelse vanligtvis både lednings- och tillsynsuppgifter. I medlemsstater med ett dualistiskt system sköts tillsynsfunktionen av en särskild tillsynsstyrelse som inte har några verkställande funktioner medan den verkställande funktionen sköts av ett särskilt ledningsorgan som är ansvarigt för den dagliga ledningen av företaget. Följaktligen tilldelas de olika enheterna inom ledningsorganet separata uppgifter.</SPAN></P>
<P class="p1915 ft166"><SPAN class="ft164">(29)</SPAN><SPAN class="ft187">Som svar på allmänhetens växande krav på skattetransparens och för att främja ett ansvarsfullt företagande bland värdepappersföretagen är det lämpligt att kräva att värdepappersföretag, såvida de inte kan anses som små och icke- sammanlänkade, årligen ska offentliggöra viss information om bland annat vinster, skatter och eventuella mottagna offentliga bidrag.</SPAN></P>
<P class="p1916 ft164"><SPAN class="ft164">(30)</SPAN><SPAN class="ft182">För att hantera risker i koncerner som endast omfattar värdepappersföretag bör den metod för konsoliderad tillsyn som krävs enligt förordning (EU) 2019/2033 för koncerner som endast omfattar värdepappersföretag åtföljas av ett gruppkapitaltest för enklare gruppstrukturer. Fastställandet av grupptillsynsmyndigheten bör emellertid i båda fallen utgå från samma principer som när det gäller gruppbaserad tillsyn enligt direktiv 2013/36/EU. För att säkerställa ett välfungerande samarbete bör de grundläggande inslagen i samordningsåtgärderna och framför allt informationskraven i krissituationer eller samarbets- och samordningsarrangemang likna de grundläggande inslagen i den samordning som ska ske inom ramen för det gemensamma regelverket för kreditinstitut.</SPAN></P>
<P class="p1917 ft164"><SPAN class="ft164">(31)</SPAN><SPAN class="ft182">Kommissionen bör kunna lämna rekommendationer till rådet om förhandling av avtal mellan unionen och tredjeländer om det praktiska utövandet av tillsyn för kontroll av uppfyllandet av villkoren i gruppkapitaltestet när det gäller värdepappersföretag vars moderföretag är etablerat i tredjeländer och när det gäller värdepappersföretag med verksamhet i tredjeländer vars moderföretag är etablerat i unionen. Dessutom bör även medlemsstaterna och EBA kunna ingå samarbetsarrangemang med tredjeländer för att fullgöra sina tillsynsuppgifter.</SPAN></P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">398</P>
</DIV>
</DIV>
<DIV id="page_399">
<DIV id="p399dimg1">
<INGENBILD zsrc="H803173399x1.jpg/" id="p399img1">
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<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/69</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1149 ft164"><SPAN class="ft164">(32)</SPAN><SPAN class="ft183">För att säkerställa rättssäkerhet och undvika överlappningar mellan det nuvarande tillsynsregelverket, som är tillämpligt på både kreditinstitut och värdepappersföretag, och detta direktiv bör förordning (EU) nr 575/2013 och direktiv 2013/36/EU ändras så att värdepappersföretag undantas från deras tillämpningsområde. Värdepappersföretag som ingår i en bankkoncern bör emellertid även framöver omfattas av de bestämmelser i förordning (EU) nr 575/2013 och direktiv 2013/36/EU som är relevanta för bankkoncernen, till exempel reglerna om konsoliderad tillsyn som fastställs i artiklarna </SPAN><NOBR>11–24</NOBR> i förordning (EU) nr 575/2013 och de regler om intermediära moderföretag inom EU som avses i artikel 21b i direktiv 2013/36/EU.</P>
<P class="p1161 ft164"><SPAN class="ft164">(33)</SPAN><SPAN class="ft183">Det är nödvändigt att fastställa vilka åtgärder företag måste vidta för att kontrollera om de omfattas av definitionen av ett kreditinstitut i artikel 4.1.1 b i förordning (EU) nr 575/2013 och därför måste få auktorisation som kreditinstitut. Eftersom vissa värdepappersföretag redan bedriver den verksamhet som förtecknas i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU är det även nödvändigt att skapa klarhet i fråga om auktorisation som har beviljats för denna verksamhet ska fortsätta att gälla. I synnerhet är det av största vikt att behöriga myndigheter säkerställer att övergången från det nuvarande regelverket till det nya ger tillräcklig klarhet angående regelverket för värdepappersföretag.</SPAN></P>
<P class="p1918 ft180"><SPAN class="ft164">(34)</SPAN><SPAN class="ft240">För att säkerställa en effektiv tillsyn är det viktigt att företag som uppfyller villkoren i artikel 4.1.1 b i förordning (EU) nr 575/2013 ansöker om auktorisation som kreditinstitut. Behöriga myndigheter bör därför ha möjlighet att tillämpa sanktioner på företag som inte ansöker om denna auktorisation.</SPAN></P>
<P class="p1919 ft164"><SPAN class="ft164">(35)</SPAN><SPAN class="ft183">Ändringen av definitionen kreditinstitut i förordning (EU) nr 575/2013 genom förordning (EU) 2019/2033 kan från och med ikraftträdandet av den senare omfatta värdepappersföretag som redan bedriver verksamhet enligt en auktorisation som utfärdats i enlighet med direktiv 2014/65/EU. Dessa företag bör få fortsätta att bedriva verksamhet enligt sin auktorisation som värdepappersföretag tills en auktorisation för kreditinstitut har beviljats. Dessa värdepappersföretag bör lämna in en ansökan om auktorisation som kreditinstitut senast när genomsnittet av deras samlade månatliga tillgångar under en sammanhängande tolvmånadersperiod uppgår till eller överstiger något av tröskelvärdena i artikel 4.1.1 b i förordning (EU) nr 575/2013. Om värdepappersföretag uppnår något av tröskelvärdena i artikel 4.1.1 b i förordning (EU) nr 575/2013 bör, från och med dagen för det här direktivets ikraftträdande, genomsnittet av deras samlade månatliga tillgångar beräknas med beaktande av den sammanhängande tolvmånadersperiod som föregår den tidpunkten. Dessa värdepappersföretag bör ansöka om auktorisation som kreditinstitut inom ett år och en dag efter det att detta direktiv har trätt i kraft.</SPAN></P>
<P class="p1191 ft164"><SPAN class="ft164">(36)</SPAN><SPAN class="ft183">Ändringen av definitionen av kreditinstitut i förordning (EU) nr 575/2013 genom förordning (EU) 2019/2033 kan även påverka företag som redan har ansökt om auktorisation som värdepappersföretag enligt direktiv 2014/65/EU och vars ansökan ännu inte har färdigbehandlats. Sådana ansökningar bör vidarebefordras till de behöriga myndigheterna enligt direktiv 2013/36/EU och behandlas i enlighet med auktorisationsbestämmelserna i det direktivet om företagets beräknade samlade tillgångar uppgår till eller överskrider något av tröskelvärdena i artikel 4.1.1 b i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1191 ft164"><SPAN class="ft164">(37)</SPAN><SPAN class="ft183">De företag som avses i artikel 4.1.1 b i förordning (EU) nr 575/2013 bör även omfattas av alla krav avseende behörighet att utöva verksamhet i kreditinstitut som fastställs i avdelning III i direktiv 2013/36/EU, inbegripet bestämmelserna om återkallelse av auktorisation i enlighet med artikel 18 i det direktivet. Artikel 18 i det direktivet bör emellertid ändras för att säkerställa att behöriga myndigheter kan återkalla en auktorisation som beviljats ett kreditinstitut om kreditinstitutet använder sin auktorisation enbart för att bedriva den verksamhet som avses i artikel 4.1.1 b i förordning (EU) nr 575/2013 och under en sammanhängande femårsperiod har haft samlade tillgångar som i genomsnitt understigit tröskelvärdena i det ledet.</SPAN></P>
<P class="p1174 ft164"><SPAN class="ft164">(38)</SPAN><SPAN class="ft183">Enligt artikel 39 i direktiv 2014/65/EU omfattas tredjelandsföretag som tillhandahåller finansiella tjänster i unionen av nationella ordningar som kan kräva att de ska etablera en filial i en medlemsstat. För att underlätta regelbunden övervakning och bedömning av den verksamhet som tredjelandsföretag bedriver genom filialer i unionen bör behöriga myndigheter få information om omfattningen av de tjänster och den verksamhet som erbjuds och bedrivs genom filialer inom deras territorium.</SPAN></P>
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<P class="p14 ft2">399</P>
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<DIV id="page_400">
<DIV id="p400dimg1">
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<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/70</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1920 ft166"><SPAN class="ft164">(39)</SPAN><SPAN class="ft187">Särskilda korshänvisningar i Europaparlamentets och rådets direktiv 2009/65/EG (</SPAN><SPAN class="ft173">12</SPAN>), 2011/61/EU (<SPAN class="ft173">13</SPAN>) och 2014/59/EU (<SPAN class="ft173">14</SPAN>) till bestämmelserna i förordning (EU) nr 575/2013 och direktiv 2013/36/EU och som inte längre är tillämpliga på värdepappersföretag från och med den dag då detta direktiv och förordning (EU) 2019/2033 börjar tillämpas bör läsas som hänvisningar till motsvarande bestämmelser i det här direktivet och i förordning (EU) 2019/2033.</P>
<P class="p1170 ft164"><SPAN class="ft164">(40)</SPAN><SPAN class="ft182">EBA har i samråd med Esma lagt fram en rapport som bygger på ingående bakgrundsanalys, uppgiftsinsamling och samråd, om en skräddarsydd tillsynsordning för </SPAN><NOBR>icke-systemviktiga</NOBR> värdepappersföretag vilken ligger till grund för det reviderade tillsynsregelverket för värdepappersföretag.</P>
<P class="p1921 ft164"><SPAN class="ft164">(41)</SPAN><SPAN class="ft182">För att säkerställa en harmoniserad tillämpning av detta direktiv bör EBA utarbeta ett förslag till tekniska tillsynsstandarder för att ytterligare specificera kriterierna för när vissa värdepappersföretag ska omfattas av förordning (EU) nr 575/2013, specificera den information som de behöriga myndigheterna i hem- och värdmedlemsstaterna bör utbyta i samband med tillsyn, ange hur värdepappersföretag bör bedöma storleken på sin verksamhet i samband med kraven på intern styrning och, särskilt, bedöma om de utgör små och icke- sammanlänkade värdepappersföretag. Tekniska tillsynsstandarder bör även ange de personalkategorier vars yrkesverksamhet har en väsentlig inverkan på företagets riskprofil i samband med ersättningsbestämmelserna och fastställa vilka ytterligare primärkapitaltillskott och supplementärkapitalinstrument som ska räknas som rörlig ersättning. Slutligen bör tekniska tillsynsstandarder specificera inslagen i bedömningen av särskilda likviditetsrisker, behöriga myndigheters tillämpning av krav på ytterligare kapitalbas och tillsynskollegiernas funktion. Kommissionen bör komplettera detta direktiv genom att anta de tekniska tillsynsstandarder som utarbetats av EBA genom delegerade akter enligt artikel 290 i </SPAN><NOBR>EUF-fördraget</NOBR> och i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010. Kommissionen och EBA bör säkerställa att dessa tekniska tillsynsstandarder kan tillämpas av alla berörda värdepappersföretag på ett sätt som står i proportion till dessa värdepappersföretags och deras verksamheters art, omfattning och komplexitet.</P>
<P class="p1922 ft164"><SPAN class="ft164">(42)</SPAN><SPAN class="ft182">Kommissionen bör också ges befogenhet att anta tekniska genomförandestandarder som utarbetats av EBA angående utbyte av information mellan behöriga myndigheter och krav på behöriga myndigheters offentliggörande och tekniska genomförandestandarder som utarbetats av Esma genom genomförandeakter enligt artikel 291 i EUF-</SPAN></P>
<P class="p1923 ft169">fördraget och i enlighet med artikel 15 i förordning (EU) nr 1093/2010 och artikel 15 i förordning (EU) nr 1095/2010.</P>
<P class="p1924 ft164"><SPAN class="ft164">(43)</SPAN><SPAN class="ft182">För att säkerställa en enhetlig tillämpning av detta direktiv och ta hänsyn till utvecklingen på finansmarknaderna bör befogenheten att anta akter i enlighet med artikel 290 i EUF</SPAN><SPAN class="ft184">‐</SPAN>fördraget delegeras till kommissionen för att komplettera detta direktiv genom att förtydliga definitionerna i detta direktiv, värdepappersföretags bedömningar av internt kapital och risker och behöriga myndigheters befogenheter när det gäller översyn och utvärdering. Det är särskilt viktigt att kommissionen genomför lämpliga samråd under sitt förberedande arbete, inklusive på expertnivå, och att dessa samråd genomförs i enlighet med principerna i det interinstitutionella avtalet av den 13 april 2016 om bättre lagstiftning (<SPAN class="ft176">15</SPAN>). För att säkerställa lika stor delaktighet i utarbetandet av delegerade akter erhåller Europapar- lamentet och rådet alla handlingar samtidigt som medlemsstaternas experter, och deras experter ges systematiskt tillträde till möten i kommissionens expertgrupper som arbetar med att förbereda delegerade akter.</P>
<P class="p1405 ft165">(<SPAN class="ft176">12</SPAN>) Europaparlamentets och rådets direktiv 2009/65/EG av den 13 juli 2009 om samordning av lagar och andra författningar som avser företag för kollektiva investeringar i överlåtbara värdepapper (fondföretag) (EUT L 302, 17.11.2009, s. 32).</P>
<P class="p1266 ft165">(<SPAN class="ft176">13</SPAN>) Europaparlamentets och rådets direktiv 2011/61/EU av den 8 juni 2011 om förvaltare av alternativa investeringsfonder samt om ändring av direktiv 2003/41/EG och 2009/65/EG och förordningarna (EG) nr 1060/2009 och (EU) nr 1095/2010 (EUT L 174, 1.7.2011, s. 1).</P>
<P class="p1266 ft165">(<SPAN class="ft176">14</SPAN>) Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012 (EUT L 173, 12.6.2014, s. 190).</P>
<P class="p1470 ft164">(<SPAN class="ft176">15</SPAN>) EUT L 123, 12.5.2016, s. 1.</P>
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<P class="p14 ft2">400</P>
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<DIV id="p401dimg1">
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<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/71</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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<P class="p1149 ft164"><SPAN class="ft164">(44)</SPAN><SPAN class="ft183">Eftersom målet med detta direktiv, nämligen att inrätta ett effektivt och väl avpassat tillsynsregelverk för att säkerställa att värdepappersföretag som är auktoriserade för att bedriva verksamhet inom unionen gör detta på en sund finansiell bas och förvaltas på ett ordnat sätt, även i kundernas bästa intresse, inte i tillräcklig utsträckning kan uppnås av medlemsstaterna utan snarare, på grund av dess omfattning och verkningar, kan uppnås bättre på unionsnivå, kan unionen vidta åtgärder i enlighet med subsidiaritetsprincipen i artikel 5 i fördraget om Europeiska unionen. I enlighet med proportionalitetsprincipen i samma artikel går detta direktiv inte utöver vad som är nödvändigt för att uppnå detta mål.</SPAN></P>
<P class="p1925 ft164"><SPAN class="ft164">(45)</SPAN><SPAN class="ft183">I enlighet med den gemensamma politiska förklaringen från medlemsstaterna och kommissionen om förklarande dokument av den 28 september 2011 (</SPAN><SPAN class="ft176">16</SPAN>) har medlemsstaterna åtagit sig att, när det är berättigat, låta anmälan av införlivandeåtgärder åtföljas av ett eller flera dokument som förklarar förhållandet mellan de olika delarna i direktivet och motsvarande delar i de nationella instrumenten för införlivande. Lagstiftaren anser att det är berättigat att sådana dokument översänds avseende detta direktiv.</P>
<P class="p1926 ft164">HÄRIGENOM FÖRESKRIVS FÖLJANDE.</P>
<P class="p1927 ft164">AVDELNING I</P>
<P class="p1928 ft172">SYFTE, TILLÄMPNINGSOMRÅDE OCH DEFINITIONER</P>
<P class="p1929 ft169">Artikel 1</P>
<P class="p1930 ft171">Syfte</P>
<P class="p1218 ft169">I detta direktiv fastställs regler för följande:</P>
<P class="p1367 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Värdepappersföretags startkapital.</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Behöriga myndigheters befogenheter och verktyg i tillsynen av värdepappersföretag.</SPAN></P>
<P class="p1490 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">De behöriga myndigheternas tillsyn av värdepappersföretag på ett sätt som överensstämmer med reglerna i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1366 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Offentliggörandekrav för behöriga myndigheter när det gäller reglering och tillsyn av värdepappersföretag.</SPAN></P>
<P class="p1931 ft169">Artikel 2</P>
<P class="p1932 ft171">Tillämpningsområde</P>
<P class="p1933 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Detta direktiv är tillämpligt på värdepappersföretag som auktoriserats och står under tillsyn enligt direktiv 2014/65/EU.</SPAN></P>
<P class="p1934 ft166"><SPAN class="ft164">2.</SPAN><SPAN class="ft212">Genom undantag från punkt 1 är avdelningarna IV och V i detta direktiv inte tillämpliga på de värdepappersföretag som avses i artikel 1.2 och 1.5 i förordning (EU) 2019/2033, vilka ska stå under tillsyn för kontroll av att de uppfyller tillsynskraven i avdelningarna VII och VIII i direktiv 2013/36/EU, i enlighet med artikel 1.2 andra stycket i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1931 ft169">Artikel 3</P>
<P class="p1935 ft171">Definitioner</P>
<P class="p1218 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">I detta direktiv gäller följande definitioner:</SPAN></P>
<P class="p1936 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft197">anknutet företag: ett företag vars huvudsakliga verksamhet består i att äga eller förvalta fast egendom, tillhandahålla datatjänster eller bedriva liknande verksamhet som har samband med ett eller flera värdepappersföretags huvudsakliga verksamhet.</SPAN></P>
<P class="p1375 ft164">(<SPAN class="ft176">16</SPAN>) EUT C 369, 17.12.2011, s. 14.</P>
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<DIV id="id_2">
<P class="p14 ft2">401</P>
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<DIV id="p402dimg1">
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<DIV id="id_1">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/72</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1441 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft197">auktorisation: auktorisation av ett värdepappersföretag i enlighet med artikel 5 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1209 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft197">filial: filial enligt definitionen i artikel 4.1.30 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1209 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft197">nära förbindelser: nära förbindelser enligt definitionen i artikel 4.1.35 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1937 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft197">behörig myndighet: en medlemsstats officiellt erkända offentliga myndighet eller organ som enligt nationell rätt har befogenhet att utöva tillsyn av värdepappersföretag i enlighet med detta direktiv som en del av tillsynssystemet i den medlemsstaten.</SPAN></P>
<P class="p1234 ft169"><SPAN class="ft164">6.</SPAN><SPAN class="ft197">råvaruhandlare och utsläppsrättshandlare: råvaruhandlare och utsläppsrättshandlare enligt definitionen i artikel 4.1.150 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1938 ft166"><SPAN class="ft164">7.</SPAN><SPAN class="ft187">kontroll: det förhållande mellan ett moderföretag och ett dotterföretag som beskrivs i artikel 22 i Europaparlamentets och rådets direktiv 2013/34/EU (</SPAN><SPAN class="ft173">17</SPAN>), eller i de redovisningsstandarder som ett värdepappersföretag måste följa enligt Europaparlamentets och rådets förordning (EG) nr 1606/2002 (<SPAN class="ft173">18</SPAN>), eller ett liknande förhållande mellan en fysisk eller juridisk person och ett företag.</P>
<P class="p1939 ft169"><SPAN class="ft164">8.</SPAN><SPAN class="ft197">uppfyllande av villkoren i gruppkapitaltestet: att ett moderföretag i en värdepappersföretagskoncern uppfyller kraven i artikel 8 i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1238 ft169"><SPAN class="ft164">9.</SPAN><SPAN class="ft197">kreditinstitut: ett kreditinstitut enligt definitionen i artikel 4.1.1 i förordning (EU) nr 575/2013.</SPAN></P>
<P class="p1209 ft169"><SPAN class="ft164">10.</SPAN><SPAN class="ft190">derivat: derivat enligt definitionen i artikel 2.1.29 i Europaparlamentets och rådets förordning (EU) nr 600/2014 (</SPAN><SPAN class="ft173">19</SPAN>).</P>
<P class="p1209 ft169"><SPAN class="ft164">11.</SPAN><SPAN class="ft190">finansiellt institut: finansiellt institut enligt definitionen i artikel 4.1.14 i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1940 ft164"><SPAN class="ft164">12.</SPAN><SPAN class="ft193">könsneutral ersättningspolicy: könsneutral ersättningspolicy enligt definitionen i artikel 3.1.65 i direktiv 2013/36/EU, i ändrad lydelse enligt Europaparlamentets och rådets direktiv (EU) 2019/878 (</SPAN><SPAN class="ft176">20</SPAN>).</P>
<P class="p1196 ft169"><SPAN class="ft164">13.</SPAN><SPAN class="ft190">koncern: en koncern enligt definitionen i artikel 2.11 i direktiv 2013/34/EU.</SPAN></P>
<P class="p1209 ft169"><SPAN class="ft164">14.</SPAN><SPAN class="ft190">konsoliderad situation: konsoliderad situation enligt definitionen i artikel 4.1.11 i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1941 ft164"><SPAN class="ft164">15.</SPAN><SPAN class="ft193">grupptillsynsmyndighet: en behörig myndighet ansvarig för kontrollen av att modervärdepappersföretag inom unionen och värdepappersföretag som kontrolleras av värdepappersinriktade moderholdingföretag inom unionen eller blandade finansiella moderholdingföretag inom unionen uppfyller villkoren i gruppkapitaltestet.</SPAN></P>
<P class="p1196 ft169"><SPAN class="ft164">16.</SPAN><SPAN class="ft190">hemmedlemsstat: hemmedlemsstat enligt definitionen i artikel 4.1.55 a i direktiv 2014/65/EU.</SPAN></P>
<P class="p1209 ft169"><SPAN class="ft164">17.</SPAN><SPAN class="ft190">värdmedlemsstat: värdmedlemsstat enligt definitionen i artikel 4.1.56 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1939 ft169"><SPAN class="ft164">18.</SPAN><SPAN class="ft190">startkapital: det kapital som krävs för att få auktorisation som värdepappersföretag och vars belopp och typ anges i artiklarna 9 och 11.</SPAN></P>
<P class="p1238 ft169"><SPAN class="ft164">19.</SPAN><SPAN class="ft190">värdepappersföretag: värdepappersföretag enligt definitionen i artikel 4.1.1 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1939 ft169"><SPAN class="ft164">20.</SPAN><SPAN class="ft190">värdepappersföretagskoncern: värdepappersföretagskoncern enligt definitionen i artikel 4.1.25 i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1942 ft169"><SPAN class="ft164">21.</SPAN><SPAN class="ft190">värdepappersinriktat holdingföretag: värdepappersinriktat holdingföretag enligt definitionen i artikel 4.1.23 i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1943 ft165">(<SPAN class="ft176">17</SPAN>) Europaparlamentets och rådets direktiv 2013/34/EU av den 26 juni 2013 om årsbokslut, koncernredovisning och rapporter i vissa typer av företag, om ändring av Europaparlamentets och rådets direktiv 2006/43/EG och om upphävande av rådets direktiv 78/660/ EEG och 83/349/EEG (EUT L 182, 29.6.2013, s. 19).</P>
<P class="p1180 ft165">(<SPAN class="ft176">18</SPAN>) Europaparlamentets och rådets förordning (EG) nr 1606/2002 av den 19 juli 2002 om tillämpning av internationella redovisnings- standarder (EGT L 243, 11.9.2002, s. 1).</P>
<P class="p1266 ft165">(<SPAN class="ft176">19</SPAN>) Europaparlamentets och rådets förordning (EU) nr 600/2014 av den 15 maj 2014 om marknader för finansiella instrument och om ändring av förordning (EU) nr 648/2012 (EUT L 173, 12.6.2014, s. 84).</P>
<P class="p1180 ft164">(<SPAN class="ft176">20</SPAN>) Europaparlamentets och rådets direktiv (EU) 2019/878 av den 20 maj 2019 om ändring av direktiv 2013/36/EU vad gäller undantagna enheter, finansiella holdingföretag, blandade finansiella holdingföretag, ersättning, tillsynsåtgärder och tillsynsbefo- genheter och kapitalbevarande åtgärder (EUT L 150, 7.6.2019, s. 253).</P>
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<P class="p14 ft2">402</P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/73</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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</TABLE>
<P class="p1267 ft169"><SPAN class="ft164">22.</SPAN><SPAN class="ft191">investeringstjänster och investeringsverksamhet: investeringstjänster och investeringsverksamhet enligt definitionen i artikel 4.1.2 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft164">23.</SPAN><SPAN class="ft191">ledningsorgan: ett ledningsorgan enligt definitionen i artikel 4.1.36 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1944 ft169"><SPAN class="ft164">24.</SPAN><SPAN class="ft191">ledningsorgan i dess tillsynsfunktion: ledningsorganet när det utför sin uppgift att kontrollera och övervaka ledningens beslutsfattande.</SPAN></P>
<P class="p1945 ft169"><SPAN class="ft164">25.</SPAN><SPAN class="ft191">blandat finansiellt holdingföretag: ett blandat finansiellt holdingföretag enligt definitionen i artikel 2.15 i Europapar lamentets och rådets direktiv 2002/87/EG (</SPAN><SPAN class="ft173">21</SPAN>).</P>
<P class="p1946 ft164"><SPAN class="ft164">26.</SPAN><SPAN class="ft198">holdingföretag med blandad verksamhet: ett moderföretag som inte utgör ett finansiellt holdingföretag, ett värdepappers inriktat holdingföretag, ett kreditinstitut, ett värdepappersföretag eller ett blandat finansiellt holdingföretag i den mening som avses i direktiv 2002/87/EG, bland vars dotterföretag det finns minst ett värdepappersföretag.</SPAN></P>
<P class="p1432 ft169"><SPAN class="ft164">27.</SPAN><SPAN class="ft191">personer i ledande befattning: personer i ledande befattning enligt definitionen i artikel 4.1.37 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1375 ft169"><SPAN class="ft164">28.</SPAN><SPAN class="ft191">moderföretag: ett moderföretag enligt definitionen i artikel 4.1.32 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft164">29.</SPAN><SPAN class="ft191">dotterföretag: ett dotterföretag enligt definitionen i artikel 4.1.33 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1947 ft169"><SPAN class="ft164">30.</SPAN><SPAN class="ft191">systemrisk: systemrisk enligt definitionen i artikel 3.1.10 i direktiv 2013/36/EU.</SPAN></P>
<P class="p1948 ft169"><SPAN class="ft164">31.</SPAN><SPAN class="ft191">modervärdepappersföretag inom unionen: ett modervärdepappersföretag inom unionen enligt definitionen i artikel 4.1.56 i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1949 ft169"><SPAN class="ft164">32.</SPAN><SPAN class="ft191">värdepappersinriktat moderholdingföretag inom unionen: ett värdepappersinriktat moderholdingföretag inom unionen enligt definitionen i artikel 4.1.57 i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1949 ft169"><SPAN class="ft164">33.</SPAN><SPAN class="ft191">blandat finansiellt moderholdingföretag inom unionen: blandat finansiellt moderholdingföretag inom unionen enligt definitionen i artikel 4.1.58 i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1950 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Kommissionen ges befogenhet att anta delegerade akter i enlighet med artikel 58 för att komplettera detta direktiv genom att förtydliga definitionerna i punkt 1 i syfte att</SPAN></P>
<P class="p1951 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">säkerställa en enhetlig tillämpning av detta direktiv,</SPAN></P>
<P class="p1952 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">beakta utvecklingen på de finansiella marknaderna vid tillämpningen av detta direktiv.</SPAN></P>
<P class="p1953 ft164">AVDELNING II</P>
<P class="p1954 ft172">BEHÖRIGA MYNDIGHETER</P>
<P class="p1955 ft169">Artikel 4</P>
<P class="p1956 ft171">Behöriga myndigheter – utseende och befogenheter</P>
<P class="p1334 ft166"><SPAN class="ft164">1.</SPAN><SPAN class="ft212">Medlemsstaterna ska utse en eller flera behöriga myndigheter som ska utföra de funktioner och åligganden som föreskrivs i detta direktiv och i förordning (EU) 2019/2033. Medlemsstaterna ska underrätta kommissionen, EBA och Esma om vilken eller vilka som utsetts och, om det finns mer än en behörig myndighet, informera dem om varje behörig myndighets funktioner och åligganden.</SPAN></P>
<P class="p1315 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Medlemsstaterna ska säkerställa att de behöriga myndigheterna utövar tillsyn över verksamheten i värdepappersföretag och, i tillämpliga fall, värdepappersinriktade holdingföretag och blandade finansiella holdingföretag för att bedöma efterlevnaden av kraven i detta direktiv och i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1957 ft164">(<SPAN class="ft176">21</SPAN>) Europaparlamentets och rådets direktiv 2002/87/EG av den 16 december 2002 om extra tillsyn över kreditinstitut, försäkringsföretag och värdepappersföretag i ett finansiellt konglomerat och om ändring av rådets direktiv 73/239/EEG, 79/267/EEG, 92/49/EEG, 92/96/EEG, 93/6/EEG och 93/22/EEG samt Europaparlamentets och rådets direktiv 98/78/EG och 2000/12/EG (EUT L 35, 11.2.2003, s. 1).</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/74</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1357 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft181">Medlemsstaterna ska säkerställa att de behöriga myndigheterna har alla nödvändiga befogenheter, inbegripet befogenhet att utföra kontroller på plats i enlighet med artikel 14, för att få tillgång till den information som krävs för att bedöma om värdepappersföretagen och, i tillämpliga fall, de värdepappersinriktade holdingföretagen och blandade finansiella holdingföretagen uppfyller kraven i detta direktiv och i förordning (EU) 2019/2033, och för att utreda eventuella överträdelser av dessa krav.</SPAN></P>
<P class="p1958 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft189">Medlemsstaterna ska säkerställa att de behöriga myndigheterna har den sakkunskap, de resurser, den operativa kapacitet, de befogenheter och det oberoende som krävs för att utföra de funktioner avseende tillsyn, utredning och sanktioner som fastställs i detta direktiv.</SPAN></P>
<P class="p1468 ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft181">Medlemsstaterna ska kräva att värdepappersföretagen förser deras behöriga myndigheter med all information som behövs för att de ska kunna bedöma värdepappersföretagens efterlevnad av de nationella bestämmelser som införlivar detta direktiv samt av förordning (EU) 2019/2033. Värdepappersföretagen ska ha interna kontrollrutiner, administrativa förfaranden och redovisningsförfaranden som gör det möjligt för de behöriga myndigheterna att när som helst kontrollera att bestämmelserna efterlevs.</SPAN></P>
<P class="p1377 ft166"><SPAN class="ft164">6.</SPAN><SPAN class="ft194">Medlemsstaterna ska säkerställa att värdepappersföretagen registrerar alla transaktioner, och dokumenterar de system och processer som omfattas av detta direktiv och förordning (EU) 2019/2033 på ett sådant sätt att de behöriga myndigheterna vid varje given tidpunkt kan bedöma efterlevnaden av de nationella bestämmelser som införlivar detta direktiv samt av förordning (EU) 2019/2033.</SPAN></P>
<P class="p1229 ft169">Artikel 5</P>
<P class="p1959 ft171">Behöriga myndigheters handlingsutrymme att underställa vissa värdepappersföretag kraven i förordning (EU)</P>
<P class="p1960 ft171">nr 575/2013</P>
<P class="p1329 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">De behöriga myndigheterna får besluta att tillämpa kraven i förordning (EU) nr 575/2013 enligt artikel 1.2 första stycket c i förordning (EU) 2019/2033 på ett värdepappersföretag som utövar någon av de verksamheter som anges i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU om det totala värdet av värdepappersföretagens konsoliderade tillgångar uppgår till eller överstiger 5 miljarder EUR beräknat som ett genomsnitt av de föregående tolv månaderna och om minst ett av följande kriterier är tillämpligt:</SPAN></P>
<P class="p1351 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Värdepappersföretaget utövar dessa verksamheter i en sådan omfattning att en systemrisk skulle kunna uppstå om värdepappersföretaget fallerade eller hamnade i kris.</SPAN></P>
<P class="p1470 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Värdepappersföretaget är en clearingmedlem enligt definitionen i artikel 4.1.3 i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1961 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Den behöriga myndigheten anser att det är motiverat mot bakgrund av det berörda värdepappersföretagets verksamhets storlek, art, omfattning och komplexitet, med hänsyn tagen till proportionalitetsprincipen och med beaktande av en eller flera av följande faktorer:</SPAN></P>
<P class="p1962 ft169"><SPAN class="ft169">i)</SPAN><SPAN class="ft207">Värdepappersföretagets betydelse för unionens eller den relevanta medlemsstatens ekonomi.</SPAN></P>
<P class="p1298 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft203">Betydelsen av värdepappersföretagets gränsöverskridande verksamheter.</SPAN></P>
<P class="p1579 ft169"><SPAN class="ft169">iii)</SPAN><SPAN class="ft191">Värdepappersföretagets sammanlänkning med det finansiella systemet.</SPAN></P>
<P class="p1546 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Punkt 1 ska inte vara tillämplig på råvaruhandlare och utsläppsrättshandlare, företag för kollektiva investeringar eller försäkringsföretag.</SPAN></P>
<P class="p1419 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft189">Om den behöriga myndigheten beslutar att tillämpa kraven i förordning (EU) nr 575/2013 på ett värdepappersföretag i enlighet med punkt 1, ska detta värdepappersföretag stå under tillsyn för kontroll av att det uppfyller tillsynskraven i avdelningarna VII och VIII i direktiv 2013/36/EU.</SPAN></P>
<P class="p1420 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft189">Om en behörig myndighet beslutar att återkalla ett beslut som fattats i enlighet med punkt 1 ska den utan dröjsmål informera värdepappersföretaget om detta.</SPAN></P>
<P class="p1963 ft164">Beslut som fattas av en behörig myndighet enligt punkt 1 ska upphöra att gälla om ett värdepappersföretag inte längre uppfyller det tröskelvärde som avses i den punkten, beräknat över en sammanhängande tolvmånadersperiod.</P>
<P class="p1376 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft189">De behöriga myndigheterna ska utan dröjsmål informera EBA om beslut som fattats i enlighet med punkterna 1, 3 och 4.</SPAN></P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/75</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1964 ft169"><SPAN class="ft164">6.</SPAN><SPAN class="ft195">EBA ska, i samråd med Esma, utarbeta ett förslag till tekniska tillsynsstandarder för att ytterligare specificera de kriterier som anges i punkt 1 a och b samt säkerställa att de tillämpas enhetligt.</SPAN></P>
<P class="p1586 ft169">EBA ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 december 2020.</P>
<P class="p1569 ft164">Kommissionen ges befogenhet att komplettera detta direktiv genom att anta de tekniska tillsynsstandarder som avses i andra stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
<P class="p1965 ft169">Artikel 6</P>
<P class="p1966 ft171">Samarbete inom en medlemsstat</P>
<P class="p1967 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">De behöriga myndigheterna ska ha ett nära samarbete med de offentliga myndigheter eller organ som i deras medlemsstat ansvarar för tillsynen av kreditinstitut och finansiella institut. Medlemsstaterna ska kräva att dessa behöriga myndigheter och offentliga myndigheter eller organ utan dröjsmål utbyter all information som är nödvändig eller relevant för att de ska kunna utföra sina funktioner och åligganden.</SPAN></P>
<P class="p1410 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">Andra behöriga myndigheter än dem som utses i enlighet med artikel 67 i direktiv 2014/65/EU ska upprätta en mekanism för samarbete med dessa myndigheter och för utbyte av all information som är relevant för att de ska kunna fullgöra sina funktioner och åligganden.</SPAN></P>
<P class="p1968 ft169">Artikel 7</P>
<P class="p1969 ft171">Samarbete inom det europeiska systemet för finansiell tillsyn</P>
<P class="p1412 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft175">När behöriga myndigheter fullgör sina åligganden ska de beakta samstämmigheten i tillsynsverktyg och tillsynspraxis vid tillämpningen av rättsliga bestämmelser som antagits enligt detta direktiv och förordning (EU) 2019/2033.</SPAN></P>
<P class="p1242 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Medlemsstaterna ska säkerställa att</SPAN></P>
<P class="p1573 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">behöriga myndigheter, i egenskap av parter i ESFS, samarbetar i en anda av förtroende och med fullständig ömsesidig respekt, särskilt när de säkerställer utbyte av lämpliga, tillförlitliga och uttömmande uppgifter mellan dem och andra parter i ESFS,</SPAN></P>
<P class="p1970 ft164"><SPAN class="ft174">b)</SPAN><SPAN class="ft193">behöriga myndigheter deltar i den verksamhet som bedrivs av EBA och, i den mån det är lämpligt, inom de tillsynskollegier som avses i artikel 48 i det här direktivet och i artikel 116 i direktiv 2013/36/EU,</SPAN></P>
<P class="p1573 ft166"><SPAN class="ft174">c)</SPAN><SPAN class="ft192">behöriga myndigheter gör sitt bästa för att säkerställa efterlevnaden av de riktlinjer och rekommendationer som EBA utfärdar enligt artikel 16 i förordning (EU) nr 1093/2010 och svara på de varningar och rekommendationer som utfärdats av Europeiska systemrisknämnden (ESRB) enligt artikel 16 i Europaparlamentets och rådets förordning (EU) nr 1092/2010 (</SPAN><SPAN class="ft173">22</SPAN>),</P>
<P class="p1211 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">behöriga myndigheter har ett nära samarbete med ESRB,</SPAN></P>
<P class="p1455 ft164"><SPAN class="ft174">e)</SPAN><SPAN class="ft193">de uppgifter och befogenheter som de behöriga myndigheterna tilldelas inte hindrar dem från att fullgöra sina åligganden som medlemmar i EBA eller ESRB eller enligt detta direktiv och förordning (EU) 2019/2033.</SPAN></P>
<P class="p1313 ft169">Artikel 8</P>
<P class="p1971 ft171">Tillsynens unionsdimension</P>
<P class="p1315 ft164">De behöriga myndigheterna i varje medlemsstat ska vid fullgörandet av sina allmänna ålägganden ta vederbörlig hänsyn till den potentiella effekten av egna beslut på det finansiella systemets stabilitet i andra berörda medlemsstater och i hela unionen, framför allt i krissituationer, på grundval av de uppgifter som är tillgängliga vid den relevanta tidpunkten.</P>
<P class="p1957 ft164">(<SPAN class="ft176">22</SPAN>) Europaparlamentets och rådets förordning (EU) nr 1092/2010 av den 24 november 2010 om makrotillsyn av det finansiella systemet på <NOBR>EU-nivå</NOBR> och om inrättande av en europeisk systemrisknämnd (EUT L 331, 15.12.2010, s. 1).</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/76</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1625 ft164">AVDELNING III</P>
<P class="p1972 ft172">STARTKAPITAL</P>
<P class="p1973 ft169">Artikel 9</P>
<P class="p1974 ft171">Startkapital</P>
<P class="p1975 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Det startkapital som enligt artikel 15 i direktiv 2014/65/EU krävs för att ett värdepappersföretag ska få auktorisation för att tillhandahålla någon av de investeringstjänster eller utföra någon av de investeringsverksamheter som anges i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU ska vara 750 000 EUR.</SPAN></P>
<P class="p1975 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Det startkapital som enligt artikel 15 i direktiv 2014/65/EU krävs för att ett värdepappersföretag som inte får inneha kundmedel eller värdepapper ska få auktorisation för att tillhandahålla någon av de investeringstjänster eller utföra någon av de investeringsverksamheter som anges i avsnitt A punkterna 1, 2, 4, 5 och 7 i bilaga I till direktiv 2014/65/EU ska vara</SPAN></P>
<P class="p40 ft169"><SPAN class="ft164">75</SPAN><SPAN class="ft185">000 EUR.</SPAN></P>
<P class="p1482 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft189">Det startkapital som enligt artikel 15 i direktiv 2014/65/EU krävs för andra värdepappersföretag än dem som avses i punkterna 1, 2 och 4 i den här artikeln ska vara 150 000 EUR.</SPAN></P>
<P class="p1324 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">Värdepappersföretag som har auktorisation för att tillhandahålla investeringstjänster eller utföra någon av de investeringsverksamheter som anges i avsnitt A punkt 9 i bilaga I till direktiv 2014/65/EU ska ha ett startkapital på</SPAN></P>
<P class="p40 ft169"><SPAN class="ft164">750</SPAN><SPAN class="ft185">000 EUR om värdepappersföretaget bedriver eller har tillstånd för handel för egen räkning.</SPAN></P>
<P class="p1976 ft169">Artikel 10</P>
<P class="p1977 ft171">Hänvisningar till startkapital i direktiv 2013/36/EU</P>
<P class="p1978 ft164">Hänvisningar till de startkapitalnivåer som fastställs i artikel 9 i det här direktivet ska, från och med den 26 juni 2021, anses ersätta hänvisningar i andra unionsrättsakter till de startkapitalnivåer som fastställs i direktiv 2013/36/EU enligt följande:</P>
<P class="p1979 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Hänvisningar till startkapital i värdepappersföretag i artikel 28 i direktiv 2013/36/EU ska läsas som hänvisningar till artikel 9.1 i det här direktivet.</SPAN></P>
<P class="p1356 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Hänvisningar till startkapital för värdepappersföretag i artiklarna 29 och 31 i direktiv 2013/36/EU ska läsas som hänvisningar till artikel 9.2, 9.3 eller 9.4 i det här direktivet, beroende på vilka typer av investeringstjänster och investeringsverksamhet som värdepappersföretaget tillhandahåller respektive utför.</SPAN></P>
<P class="p1979 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Hänvisningar till startkapital i artikel 30 i direktiv 2013/36/EU ska läsas som hänvisningar till artikel 9.1 i det här direktivet.</SPAN></P>
<P class="p1980 ft169">Artikel 11</P>
<P class="p1981 ft171">Startkapitalets sammansättning</P>
<P class="p1982 ft169">Startkapitalet i ett värdepappersföretag ska vara sammansatt i enlighet med artikel 9 i förordning (EU) 2019/2033.</P>
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<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/77</P></TD>
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<P class="p1983 ft164">AVDELNING IV</P>
<P class="p1984 ft172">TILLSYN</P>
<P class="p1527 ft164">KAPITEL 1</P>
<P class="p1985 ft171">Tillsynsprinciper</P>
<P class="p1986 ft169">Avsnitt 1</P>
<P class="p1987 ft171">Hemmedlemsstaters och värdmedlemsstaters befogenheter och åligganden</P>
<P class="p1363 ft169">Artikel 12</P>
<P class="p1988 ft171">Befogenheter för hemmedlemsstatens och värdmedlemsstatens behöriga myndigheter</P>
<P class="p1552 ft164">Ansvaret för tillsyn av värdepappersföretag ska ligga hos hemmedlemsstatens behöriga myndigheter, utan att det påverkar de bestämmelser i detta direktiv som tilldelar värdmedlemsstatens behöriga myndigheter ansvar.</P>
<P class="p1514 ft169">Artikel 13</P>
<P class="p1989 ft171">Samarbete mellan behöriga myndigheter i olika medlemsstater</P>
<P class="p1316 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Behöriga myndigheter i olika medlemsstater ska ha ett nära samarbete för att fullgöra sina åligganden enligt detta direktiv och förordning (EU) 2019/2033, i synnerhet genom att utan dröjsmål utbyta bland annat följande information om värdepappersföretag:</SPAN></P>
<P class="p1990 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Information om värdepappersföretagets lednings- och ägarstruktur.</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Information om värdepappersföretagets uppfyllande av kapitalbaskrav.</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Information om värdepappersföretagets uppfyllande av koncentrationsriskkraven och likviditetskraven.</SPAN></P>
<P class="p1510 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft190">Information om värdepappersföretagets administrativa förfaranden och redovisningsförfaranden samt interna kontrollrutiner.</SPAN></P>
<P class="p1436 ft169"><SPAN class="ft164">e)</SPAN><SPAN class="ft190">Alla andra relevanta faktorer som kan påverka den risk som värdepappersföretaget utgör.</SPAN></P>
<P class="p1991 ft166"><SPAN class="ft164">2.</SPAN><SPAN class="ft194">Hemmedlemsstatens behöriga myndigheter ska omedelbart förse värdmedlemsstatens behöriga myndigheter med all information och alla resultat som rör de potentiella problem och risker som ett värdepappersföretag utgör för skyddet av kunder eller stabiliteten i värdmedlemsstatens finansiella system som har konstaterats i tillsynen av värdepappersföretagets verksamhet.</SPAN></P>
<P class="p1992 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft181">Hemmedlemsstatens behöriga myndigheter ska agera på basis av den information som lämnas av värdmedlemsstatens behöriga myndigheter genom att vidta alla åtgärder som krävs för att undvika eller avhjälpa de potentiella problem och risker som avses i punkt 2. Hemmedlemsstatens behöriga myndigheter ska på begäran detaljerat förklara för värdmedlemsstatens behöriga myndigheter hur de har beaktat den information och de resultat som lämnats av värdmedlemsstatens behöriga myndigheter.</SPAN></P>
<P class="p1993 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">Om värdmedlemsstatens behöriga myndigheter, efter att ha lämnat den information och de resultat som avses i punkt 2, anser att hemmedlemsstatens behöriga myndigheter inte har vidtagit de nödvändiga åtgärder som avses i punkt 3 får värdmedlemsstatens behöriga myndigheter, efter att ha informerat hemmedlemsstatens behöriga myndigheter, EBA och Esma vidta lämpliga åtgärder för att skydda de kunder som tillhandahålls tjänsterna eller för att skydda stabiliteten i det finansiella systemet.</SPAN></P>
<P class="p1994 ft164">De behöriga myndigheterna får vända sig till EBA i fall då en begäran om samarbete, i synnerhet en begäran om utbyte av information, har avslagits eller inte har lett till åtgärder inom rimlig tid. Utan att det påverkar tillämpningen av artikel 258 i <NOBR>EUF-fördraget</NOBR> får EBA i sådana fall agera i enlighet med de befogenheter som EBA tilldelas enligt artikel 19 i förordning (EU) nr 1093/2010. EBA får också på eget initiativ bistå de behöriga myndigheterna med att nå en överenskommelse om sådant informationsutbyte enligt denna artikel i enlighet med artikel 19.1 andra stycket i den förordningen.</P>
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<P class="p563 ft2">Bilaga 4</P>
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<TD class="tr8 td80"><P class="p18 ft166">L 314/78</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1357 ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft181">Om hemmedlemsstatens behöriga myndigheter motsätter sig de åtgärder som vidtas av värdmedlemsstatens behöriga myndigheter får de hänskjuta ärendet till EBA, som ska agera i enlighet med förfarandet i artikel 19 i förordning (EU) nr 1093/2010. Om EBA agerar i enlighet med den artikeln ska dess beslut fattas inom en månad.</SPAN></P>
<P class="p1521 ft166"><SPAN class="ft164">6.</SPAN><SPAN class="ft194">Vid bedömningen av villkoret i artikel 23.1 första stycket c i förordning (EU) 2019/2033 får den behöriga myndigheten i ett värdepappersföretags hemmedlemsstat från den behöriga myndigheten i en clearingmedlems hemmedlemsstat begära information om den modell och de parametrar som används för beräkningen av kravet på marginalsäkerhet för det berörda värdepappersföretaget.</SPAN></P>
<P class="p1289 ft169"><SPAN class="ft164">7.</SPAN><SPAN class="ft189">EBA ska i samråd med Esma utarbeta ett förslag till tekniska tillsynsstandarder för att specificera kraven för den typ och art av information som avses i punkterna 1 och 2 i denna artikel.</SPAN></P>
<P class="p1995 ft164">Kommissionen ges befogenhet att komplettera detta direktiv genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
<P class="p1498 ft169"><SPAN class="ft164">8.</SPAN><SPAN class="ft189">EBA ska i samråd med Esma utarbeta ett förslag till tekniska genomförandestandarder för att fastställa standardformulär, mallar och förfaranden för kraven för informationsutbyte i syfte att underlätta tillsynen av värdepappersföretag.</SPAN></P>
<P class="p1996 ft169">Kommissionen ges befogenhet att anta de tekniska genomförandestandarder som avses i första stycket i enlighet med artikel 15 i förordning (EU) nr 1093/2010.</P>
<P class="p1208 ft166"><SPAN class="ft164">9.</SPAN><SPAN class="ft194">EBA ska överlämna det förslag till tekniska standarder som avses i punkterna 7 och 8 till kommissionen senast den</SPAN></P>
<P class="p40 ft169"><SPAN class="ft164">26</SPAN><SPAN class="ft200">juni 2021.</SPAN></P>
<P class="p1557 ft169">Artikel 14</P>
<P class="p1997 ft171">Kontroll på plats och inspektion av filialer etablerade i en annan medlemsstat</P>
<P class="p1329 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Om ett värdepappersföretag som är auktoriserat i en medlemsstat bedriver verksamhet genom en filial i en annan medlemsstat, ska värdmedlemsstaten ge hemmedlemsstatens behöriga myndigheter rätt att, efter underrättelse till värdmedlemsstatens behöriga myndigheter, självständigt eller genom särskilt utsedda mellanhänder, utföra kontroll på plats för att samla in den information som avses i artikel 13.1 och inspektera sådana filialer.</SPAN></P>
<P class="p1998 ft166"><SPAN class="ft164">2.</SPAN><SPAN class="ft194">Värdmedlemsstatens behöriga myndigheter ska ha befogenhet att i tillsynssyfte och om de anser det vara relevant för stabiliteten i värdmedlemsstatens finansiella system från fall till fall utföra kontroller på plats och inspektioner av den verksamhet som bedrivs av värdepappersföretagens filialer inom deras territorium samt kräva information från en filial om dess verksamhet.</SPAN></P>
<P class="p1998 ft169">Innan de utför sådana kontroller och inspektioner ska värdmedlemsstatens behöriga myndigheter utan dröjsmål samråda med hemmedlemsstatens behöriga myndigheter.</P>
<P class="p1421 ft169">Så snart som möjligt efter sådana kontroller och inspektioner ska värdmedlemsstatens behöriga myndigheter underrätta hemmedlemsstatens behöriga myndigheter om den information som erhållits och de resultat som är relevanta för riskbedömning av det berörda värdepappersföretaget.</P>
<P class="p1999 ft169">Avsnitt 2</P>
<P class="p2000 ft171">Tystnadsplikt och rapporteringsskyldighet</P>
<P class="p1403 ft169">Artikel 15</P>
<P class="p2001 ft171">Tystnadsplikt och utbyte av konfidentiell information</P>
<P class="p1329 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft175">Medlemsstaterna ska säkerställa att behöriga myndigheter och alla personer som arbetar eller har arbetat för dessa behöriga myndigheter, inbegripet de personer som avses i artikel 76.1 i direktiv 2014/65/EU, är bundna av tystnadsplikt vid tillämpning av detta direktiv och förordning (EU) 2019/2033.</SPAN></P>
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<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/79</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
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<P class="p2002 ft169">Konfidentiell information som sådana behöriga myndigheter och personer mottar i tjänsten får röjas endast i sammandrag eller i sammanställning, förutsatt att enskilda värdepappersföretag eller personer inte kan identifieras, dock med förbehåll för fall som omfattas av straffrätt.</P>
<P class="p1217 ft164">Om ett värdepappersföretag har försatts i konkurs eller tvångslikvideras får konfidentiell information som inte rör tredje part röjas i civilrättsliga eller kommersiella förfaranden om sådant röjande är nödvändigt för att driva målet.</P>
<P class="p2003 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">De behöriga myndigheterna får använda den konfidentiella information som samlas in, utbyts eller överförs enligt detta direktiv och förordning (EU) 2019/2033 endast för att fullgöra sina åligganden och i synnerhet för följande syften:</SPAN></P>
<P class="p1244 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">För att övervaka de tillsynsregler som fastställs i detta direktiv och i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1375 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">För att påföra sanktioner.</SPAN></P>
<P class="p1432 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Vid överklagande av de behöriga myndigheternas beslut.</SPAN></P>
<P class="p1375 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">I domstolsförfaranden som inletts enligt artikel 23.</SPAN></P>
<P class="p1315 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Fysiska och juridiska personer och andra organ, utöver behöriga myndigheter, som mottar konfidentiell information enligt detta direktiv och förordning (EU) 2019/2033 ska använda den enbart för de ändamål som uttryckligen föreskrivs av den behöriga myndigheten eller i enlighet med nationell rätt.</SPAN></P>
<P class="p1552 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">Behöriga myndigheter får utbyta konfidentiell information vid tillämpning av punkt 2, uttryckligen ange hur informationen ska behandlas och uttryckligen begränsa ytterligare överföringar av informationen.</SPAN></P>
<P class="p2004 ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft175">Den skyldighet som avses i punkt 1 ska inte hindra behöriga myndigheter från att överföra konfidentiell information till kommissionen när denna information krävs för att kommissionen ska kunna utöva sina befogenheter.</SPAN></P>
<P class="p2005 ft164"><SPAN class="ft164">6.</SPAN><SPAN class="ft175">De behöriga myndigheterna får lämna konfidentiell information till EBA, Esma, ESRB, medlemsstaternas centralbanker, Europeiska centralbankssystemet (ECBS) och Europeiska centralbanken i deras egenskap av monetära myndigheter och, där så är lämpligt, till offentliga myndigheter med ansvar för att övervaka betalnings- och avvecklingssystem, om denna information krävs för att de ska kunna fullgöra sina uppgifter.</SPAN></P>
<P class="p2006 ft169">Artikel 16</P>
<P class="p2007 ft171">Samarbetsarrangemang med tredjeländer för informationsutbyte</P>
<P class="p1217 ft166">Behöriga myndigheter, EBA och Esma får, för att fullgöra sina tillsynsuppgifter enligt detta direktiv eller förordning (EU) 2019/2033 och för att utbyta information, i enlighet med artikel 33 i förordning (EU) nr 1093/2010 eller artikel 33 i förordning (EU) nr 1095/2010, beroende på vad som är tillämpligt, och förutsatt att den utlämnade informationen omfattas av garantier om tystnadsplikt som minst motsvarar dem som fastställs i artikel 15 i detta direktiv, ingå samarbets arrangemang med tredjeländers tillsynsmyndigheter eller tredjeländers myndigheter eller organ med ansvar för följande uppgifter:</P>
<P class="p2008 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Tillsyn över finansiella institut och finansiella marknader, inbegripet tillsyn av finansiella enheter med tillstånd att bedriva verksamhet som centrala motparter, om de centrala motparterna har godkänts enligt artikel 25 i Europapar lamentets och rådets förordning (EU) nr 648/2012 (</SPAN><SPAN class="ft173">23</SPAN>).</P>
<P class="p1374 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Värdepappersföretags likvidation och konkurs och liknande förfaranden.</SPAN></P>
<P class="p1459 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Tillsyn över de organ som medverkar i samband med värdepappersföretags likvidation och konkurs samt vid liknande förfaranden.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Genomförande av lagstadgade revisioner av finansiella institut eller institut som förvaltar ersättningssystem.</SPAN></P>
<P class="p1375 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Tillsyn över personer med uppdrag att utföra lagstadgade revisioner av finansiella instituts räkenskaper.</SPAN></P>
<P class="p2009 ft164">(<SPAN class="ft176">23</SPAN>) Europaparlamentets och rådets förordning (EU) nr 648/2012 av den 4 juli 2012 om OTC<SPAN class="ft184">‐</SPAN>derivat, centrala motparter och transaktionsregister (EUT L 201, 27.7.2012, s. 1).</P>
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<TD class="tr8 td80"><P class="p18 ft166">L 314/80</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
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<P class="p1518 ft169"><SPAN class="ft164">f)</SPAN><SPAN class="ft203">Tillsyn över personer som är aktiva på marknader för utsläppsrätter i syfte att säkerställa en samlad överblick över finans- och spotmarknader.</SPAN></P>
<P class="p1290 ft169"><SPAN class="ft174">g)</SPAN><SPAN class="ft190">Tillsyn över personer som är aktiva på marknader för jordbruksråvaruderivat i syfte att säkerställa en samlad överblick över finans- och spotmarknader.</SPAN></P>
<P class="p1522 ft169">Artikel 17</P>
<P class="p2010 ft171">Skyldigheter för personer som ansvarar för kontrollen av årsbokslut och sammanställd redovisning</P>
<P class="p1442 ft164">Medlemsstaterna ska föreskriva att varje person som är auktoriserad i enlighet med Europaparlamentets och rådets direktiv 2006/43/EG (<SPAN class="ft176">24</SPAN>) och som i ett värdepappersföretag utför de uppgifter som avses i artikel 73 i direktiv 2009/65/EG eller artikel 34 i direktiv 2013/34/EU eller någon annat lagstadgad uppgift är skyldig att omgående rapportera till de behöriga myndigheterna alla sakförhållanden eller beslut rörande det värdepappersföretaget, eller ett företag som har nära förbindelser med det värdepappersföretaget, som</P>
<P class="p1207 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">utgör en betydande överträdelse av de lagar eller andra författningar som fastställs enligt detta direktiv,</SPAN></P>
<P class="p1470 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">kan påverka värdepappersföretagets fortsatta verksamhet, eller</SPAN></P>
<P class="p1470 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">kan leda till vägran att godkänna räkenskaperna eller till att reservationer framställs.</SPAN></P>
<P class="p2011 ft169">Avsnitt 3</P>
<P class="p2012 ft171">Sanktioner, undersökningsbefogenheter och rätt att överklaga</P>
<P class="p2013 ft169">Artikel 18</P>
<P class="p2014 ft171">Administrativa sanktioner och andra administrativa åtgärder</P>
<P class="p1468 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Utan att det påverkar de tillsynsbefogenheter som avses i avdelning IV kapitel 2 avsnitt 4 i detta direktiv, inbegripet undersökningsbefogenheter och behöriga myndigheters befogenhet att vidta korrigerande åtgärder, och medlemsstaternas rätt att föreskriva och ålägga straffrättsliga påföljder, ska medlemsstaterna fastställa regler om administrativa sanktioner och andra administrativa åtgärder och säkerställa att deras behöriga myndigheter har befogenhet att ålägga sådana sanktioner och åtgärder vid överträdelser av nationella bestämmelser som införlivar detta direktiv och av förordning (EU) 2019/2033, bland annat när ett värdepappersföretag</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">underlåter att inrätta sådana interna styrningssystem som beskrivs i artikel 26,</SPAN></P>
<P class="p1398 ft166"><SPAN class="ft164">b)</SPAN><SPAN class="ft199">genom överträdelse av artikel 54.1 b i förordning (EU) 2019/2033 underlåter att rapportera uppgifter om, eller tillhandahåller ofullständiga eller felaktiga uppgifter om, efterlevnaden av skyldigheten att uppfylla kapitalbaskrav enligt artikel 11 i den förordningen till de behöriga myndigheterna,</SPAN></P>
<P class="p2015 ft164"><SPAN class="ft174">c)</SPAN><SPAN class="ft193">genom överträdelse av artikel 54.1 e i förordning (EU) 2019/2033 underlåter att rapportera uppgifter om, eller tillhandahåller ofullständiga eller felaktiga uppgifter om, koncentrationsrisk till de behöriga myndigheterna,</SPAN></P>
<P class="p1397 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft191">ådrar sig en koncentrationsrisk som överstiger gränserna i artikel 37 i förordning (EU) 2019/2033, utan att det påverkar tillämpningen av artiklarna 38 och 39 i den förordningen,</SPAN></P>
<P class="p1294 ft164"><SPAN class="ft174">e)</SPAN><SPAN class="ft193">genom överträdelse av artikel 43 i förordning (EU) 2019/2033 vid upprepade tillfällen eller systematiskt underlåter att inneha likvida tillgångar, utan att det påverkar tillämpningen av artikel 44 i den förordningen,</SPAN></P>
<P class="p1397 ft169"><SPAN class="ft164">f)</SPAN><SPAN class="ft203">genom överträdelse av bestämmelserna i del sex i förordning (EU) 2019/2033 underlåter att offentliggöra information, eller tillhandahåller ofullständig eller felaktig information,</SPAN></P>
<P class="p1483 ft166"><SPAN class="ft174">g)</SPAN><SPAN class="ft192">gör betalningar till innehavare av instrument som ingår i värdepappersföretagets kapitalbas i fall där artiklarna 28, 52 eller 63 i förordning (EU) nr 575/2013 förbjuder sådana betalningar till innehavare av instrument som ingår i kapitalbasen,</SPAN></P>
<P class="p1328 ft169"><SPAN class="ft164">h)</SPAN><SPAN class="ft191">har befunnits ansvarigt för en allvarlig överträdelse av nationella bestämmelser som antagits enligt Europaparlamentets och rådets direktiv (EU) 2015/849 (</SPAN><SPAN class="ft173">25</SPAN>),</P>
<P class="p2016 ft165">(<SPAN class="ft176">24</SPAN>) Europaparlamentets och rådets direktiv 2006/43/EG av den 17 maj 2006 om lagstadgad revision av årsredovisning, årsbokslut och koncernredovisning och om ändring av rådets direktiv 78/660/EEG och 83/349/EEG samt om upphävande av rådets direktiv 84/253/EEG (EUT L 157, 9.6.2006, s. 87).</P>
<P class="p2017 ft164">(<SPAN class="ft176">25</SPAN>) Europaparlamentets och rådets direktiv (EU) 2015/849 av den 20 maj 2015 om åtgärder för att förhindra att det finansiella systemet används för penningtvätt eller finansiering av terrorism, om ändring av Europaparlamentets och rådets förordning (EU) nr 648/2012 och om upphävande av Europaparlamentets och rådets direktiv 2005/60/EG och kommissionens direktiv 2006/70/EG (EUT L 141, 5.6.2015, s. 73).</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">410</P>
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<DIV id="page_411">
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/81</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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</TABLE>
<P class="p1301 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft211">tillåter en eller flera personer som inte uppfyller kraven i artikel 91 i direktiv 2013/36/EU att bli eller kvarstå som ledamöter i ledningsorganet.</SPAN></P>
<P class="p2003 ft169">Medlemsstater som inte fastställer regler om administrativa sanktioner vid överträdelser som omfattas av nationell straffrätt ska informera kommissionen om de relevanta straffrättsliga bestämmelserna.</P>
<P class="p2018 ft169">Administrativa sanktioner och andra administrativa åtgärder ska vara effektiva, proportionella och avskräckande.</P>
<P class="p2019 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">De administrativa sanktioner och andra administrativa åtgärder som avses i punkt 1 första stycket ska inbegripa följande:</SPAN></P>
<P class="p1477 ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">Ett offentligt utlåtande med uppgift om vilken fysisk eller juridisk person eller vilket värdepappersföretag, värdepappers inriktat holdingföretag eller blandat finansiellt holdingföretag som bär ansvaret och om överträdelsens karaktär.</SPAN></P>
<P class="p2020 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Ett föreläggande enligt vilket det krävs att den ansvariga fysiska eller juridiska personen upphör med sitt agerande och inte upprepar detta.</SPAN></P>
<P class="p1459 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Tillfälligt förbud för ledamöter i värdepappersföretagets ledningsorgan, eller andra fysiska personer som hålls ansvariga, att utöva uppdrag i värdepappersföretag.</SPAN></P>
<P class="p1517 ft164"><SPAN class="ft174">d)</SPAN><SPAN class="ft193">I fråga om en juridisk person, administrativa sanktionsavgifter på upp till 10 % av företagets totala årliga nettoomsättning, inbegripet bruttointäkter i form av ränteintäkter och liknande intäkter, intäkter från aktier och andra värdepapper med rörlig eller fast avkastning och provisionsintäkter under det föregående räkenskapsåret.</SPAN></P>
<P class="p2021 ft164"><SPAN class="ft174">e)</SPAN><SPAN class="ft193">I fråga om en fysisk person, administrativa sanktionsavgifter på upp till två gånger beloppet för den vinst som erhållits eller de förluster som undvikits genom överträdelsen, i fall där dessa kan fastställas.</SPAN></P>
<P class="p2021 ft164"><SPAN class="ft164">f)</SPAN><SPAN class="ft208">I fråga om en fysisk person, administrativa sanktionsavgifter på upp till 5 000 000 EUR eller, i medlemsstater som inte har euron som valuta, motsvarande värde i nationell valuta den 25 december 2019.</SPAN></P>
<P class="p2022 ft164">I fall där det företag som avses i första stycket d är ett dotterföretag ska de relevanta bruttointäkterna vara de bruttointäkter som följer av det yttersta moderföretagets koncernredovisning under det föregående räkenskapsåret.</P>
<P class="p2023 ft166">Om ett värdepappersföretag överträder nationella bestämmelser som införlivar detta direktiv eller överträder bestämmelserna i förordning (EU) 2019/2033 ska medlemsstaterna säkerställa att den behöriga myndigheten kan tillämpa administrativa sanktioner på ledamöter i ledningsorganet och andra fysiska personer som enligt nationell rätt är ansvariga för överträdelsen.</P>
<P class="p2024 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Medlemsstaterna ska säkerställa att de behöriga myndigheterna, när de fastställer typen av de administrativa sanktioner eller andra administrativa åtgärder som avses i punkt 1 och nivån på administrativa sanktionsavgifter, beaktar alla relevanta omständigheter, inbegripet följande, där så är lämpligt:</SPAN></P>
<P class="p1218 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Överträdelsens svårighetsgrad och varaktighet.</SPAN></P>
<P class="p1244 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Graden av ansvar hos de fysiska eller juridiska personer som gjort sig skyldiga till överträdelsen.</SPAN></P>
<P class="p2025 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Den finansiella ställningen för de fysiska eller juridiska personer som gjort sig skyldiga till överträdelsen, inbegripet juridiska personers totala omsättning eller fysiska personers årsinkomst.</SPAN></P>
<P class="p1459 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Omfattningen av de vinster som erhållits eller förluster som undvikits av de juridiska personer som gjort sig skyldiga till överträdelsen.</SPAN></P>
<P class="p1375 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Förluster för tredje parter orsakade av överträdelsen.</SPAN></P>
<P class="p1244 ft169"><SPAN class="ft174">f)</SPAN><SPAN class="ft211">Graden av samarbete med relevanta behöriga myndigheter.</SPAN></P>
<P class="p1244 ft169"><SPAN class="ft174">g)</SPAN><SPAN class="ft190">Tidigare överträdelser av de fysiska eller juridiska personer som har gjort sig skyldiga till överträdelsen.</SPAN></P>
<P class="p1244 ft169"><SPAN class="ft164">h)</SPAN><SPAN class="ft191">Överträdelsens eventuella konsekvenser för det finansiella systemet.</SPAN></P>
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<P class="p14 ft2">411</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/82</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1417 ft169">Artikel 19</P>
<P class="p1823 ft171">Undersökningsbefogenheter</P>
<P class="p1381 ft169">Medlemsstaterna ska säkerställa att de behöriga myndigheterna har alla de informationsinsamlings- och undersökningsbe fogenheter som de behöver för att utöva sina funktioner, inbegripet följande:</P>
<P class="p1236 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Befogenhet att kräva information från följande fysiska eller juridiska personer:</SPAN></P>
<P class="p1579 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft197">Värdepappersföretag som är etablerade i den berörda medlemsstaten.</SPAN></P>
<P class="p1298 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft203">Värdepappersinriktade holdingföretag som är etablerade i den berörda medlemsstaten.</SPAN></P>
<P class="p1298 ft169"><SPAN class="ft169">iii)</SPAN><SPAN class="ft191">Blandade finansiella holdingföretag som är etablerade i den berörda medlemsstaten.</SPAN></P>
<P class="p1579 ft169"><SPAN class="ft164">iv)</SPAN><SPAN class="ft191">Holdingföretag med blandad verksamhet som är etablerade i den berörda medlemsstaten.</SPAN></P>
<P class="p1298 ft169"><SPAN class="ft164">v)</SPAN><SPAN class="ft211">Personer vid de enheter som avses i leden </SPAN><NOBR>i–iv.</NOBR></P>
<P class="p2026 ft169"><SPAN class="ft164">vi)</SPAN><SPAN class="ft191">Tredje parter som de enheter som avses i leden </SPAN><NOBR>i–iv</NOBR> har gett i uppdrag att utföra operativa uppgifter eller operativ verksamhet.</P>
<P class="p2027 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Befogenhet att genomföra alla nödvändiga undersökningar beträffande sådana personer som avses i led a och som är etablerade eller belägna i den berörda medlemsstaten, inbegripet rätt att</SPAN></P>
<P class="p1540 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft197">begära att de personer som avses i led a ska lämna in dokument,</SPAN></P>
<P class="p2026 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft203">granska räkenskaperna och affärshandlingarna för de personer som avses i led a och göra kopior av eller utdrag ur dessa räkenskaper och affärshandlingar,</SPAN></P>
<P class="p1450 ft169"><SPAN class="ft169">iii)</SPAN><SPAN class="ft191">inhämta skriftliga eller muntliga förklaringar från de personer som avses i led a eller från deras företrädare eller personal,</SPAN></P>
<P class="p1578 ft169"><SPAN class="ft164">iv)</SPAN><SPAN class="ft190">höra eventuella andra relevanta personer i syfte att samla in uppgifter som rör föremålet för en undersökning.</SPAN></P>
<P class="p1581 ft166"><SPAN class="ft174">c)</SPAN><SPAN class="ft192">Befogenhet att genomföra alla nödvändiga inspektioner i företagslokaler som tillhör de juridiska personer som avses i led a och eventuella andra företag som omfattas av tillsynen av uppfyllandet av villkoren i gruppkapitaltestet, om den behöriga myndigheten är grupptillsynsmyndighet, förutsatt att andra berörda behöriga myndigheter har underrättats i förväg.</SPAN></P>
<P class="p1465 ft169">Artikel 20</P>
<P class="p2028 ft171">Offentliggörande av administrativa sanktioner och andra administrativa åtgärder</P>
<P class="p1378 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft175">Medlemsstaterna ska säkerställa att behöriga myndigheter utan onödigt dröjsmål på sin officiella webbplats offentliggör administrativa sanktioner och andra administrativa åtgärder som har ålagts i enlighet med artikel 18, som inte har överklagats eller inte längre kan överklagas. Offentliggörandet ska omfatta information om överträdelsens typ och identiteten på den fysiska eller juridiska person som ålagts sanktionen eller åtgärden. Informationen ska inte offentliggöras förrän den berörda personen har underrättats om dessa sanktioner eller åtgärder och i den mån offentliggörandet är nödvändigt och proportionellt.</SPAN></P>
<P class="p2029 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft181">Om medlemsstaterna tillåter offentliggörande av administrativa sanktioner eller andra administrativa åtgärder som ålagts i enlighet med artikel 18 och som har överklagats ska de behöriga myndigheterna på sin officiella webbplats också offentliggöra information om överklagandets status och om resultatet av detta.</SPAN></P>
<P class="p1321 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Behöriga myndigheter ska under följande omständigheter offentliggöra anonymiserad information om administrativa sanktioner eller andra administrativa åtgärder som har ålagts i enlighet med artikel 18:</SPAN></P>
<P class="p1563 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Om sanktionen eller åtgärden har ålagts en fysisk person och ett offentliggörande av den personens personuppgifter befinns vara oproportionellt.</SPAN></P>
<P class="p2027 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Om ett offentliggörande skulle äventyra en pågående brottsutredning eller utgöra ett hot mot de finansiella marknadernas stabilitet.</SPAN></P>
<P class="p1236 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Om ett offentliggörande skulle orsaka involverade värdepappersföretag eller fysiska personer oproportionell skada.</SPAN></P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/83</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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</TABLE>
<P class="p2002 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft195">De behöriga myndigheterna ska säkerställa att information som offentliggörs enligt denna artikel ligger kvar på deras officiella webbplats i minst fem år. Personuppgifter får endast ligga kvar på den behöriga myndighetens officiella webbplats om detta är tillåtet enligt tillämpliga dataskyddsregler.</SPAN></P>
<P class="p1408 ft169">Artikel 21</P>
<P class="p2030 ft171">Rapportering av sanktioner till EBA</P>
<P class="p2005 ft164">De behöriga myndigheterna ska underrätta EBA om de administrativa sanktioner och andra administrativa åtgärder som ålagts enligt artikel 18, eventuella överklaganden av dessa sanktioner och åtgärder samt resultatet av dessa. EBA ska upprätthålla en central databas över administrativa sanktioner och andra administrativa åtgärder som rapporterats till EBA endast i syfte att utbyta information mellan de behöriga myndigheterna. Databasen ska vara tillgänglig enbart för behöriga myndigheter och Esma och ska uppdateras regelbundet, minst varje år.</P>
<P class="p1624 ft164">EBA ska upprätthålla en webbplats med länkar till varje behörig myndighets offentliggörande av administrativa sanktioner och andra administrativa åtgärder som ålagts i enlighet med artikel 18 och ange den period under vilken varje medlemsstat offentliggör administrativa sanktioner och andra administrativa åtgärder.</P>
<P class="p2031 ft169">Artikel 22</P>
<P class="p2032 ft171">Rapportering av överträdelser</P>
<P class="p2024 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft175">Medlemsstaterna ska säkerställa att de behöriga myndigheterna inrättar ändamålsenliga och tillförlitliga mekanismer för att möjliggöra snabb rapportering till de behöriga myndigheterna av potentiella eller faktiska överträdelser av nationella bestämmelser som införlivar detta direktiv och av förordning (EU) 2019/2033.</SPAN></P>
<P class="p1553 ft169">Dessa mekanismer ska inkludera följande:</P>
<P class="p1459 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Särskilda förfaranden för mottagande, hantering och uppföljning av sådana rapporter, inbegripet upprättandet av säkra kommunikationskanaler.</SPAN></P>
<P class="p1477 ft164"><SPAN class="ft174">b)</SPAN><SPAN class="ft193">Lämpligt skydd mot repressalier, diskriminering och andra former av missgynnande behandling för anställda i värdepappersföretag som rapporterar om överträdelser begångna inom värdepappersföretaget.</SPAN></P>
<P class="p2033 ft164"><SPAN class="ft174">c)</SPAN><SPAN class="ft193">Skydd av personuppgifter avseende både den person som rapporterar överträdelsen och den fysiska person som påstås vara ansvarig för överträdelsen, i enlighet med förordning (EU) 2016/679.</SPAN></P>
<P class="p2034 ft164"><SPAN class="ft174">d)</SPAN><SPAN class="ft193">Tydliga regler som säkerställer konfidentialitet i samtliga fall för den person som rapporterar överträdelser begångna inom värdepappersföretaget, såvida inte nationell rätt kräver att uppgifter lämnas ut i samband med ytterligare utredningar eller efterföljande administrativa eller rättsliga förfaranden.</SPAN></P>
<P class="p2024 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Medlemsstaterna ska kräva att värdepappersföretag har inrättat lämpliga förfaranden för att deras anställda ska kunna rapportera överträdelser internt genom en särskild oberoende kanal. Sådana förfaranden får ombesörjas av arbetsmarknadens parter, förutsatt att dessa förfaranden erbjuder samma skydd som det som avses i punkt 1 b, c och d.</SPAN></P>
<P class="p1311 ft169">Artikel 23</P>
<P class="p2035 ft171">Rätt att överklaga</P>
<P class="p2004 ft169">Medlemsstaterna ska säkerställa att beslut som fattas och åtgärder som vidtas enligt förordning (EU) 2019/2033 eller enligt lagar och andra författningar antagna i enlighet med detta direktiv kan överklagas.</P>
</DIV>
<DIV id="id_2">
<P class="p14 ft2">413</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/84</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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</TABLE>
<P class="p1444 ft164">KAPITEL 2</P>
<P class="p2036 ft171">Granskningsprocess</P>
<P class="p2037 ft169">Avsnitt 1</P>
<P class="p2038 ft171">intern process för bedömning av kapitalbehov och intern process för riskbedömning</P>
<P class="p1544 ft169">Artikel 24</P>
<P class="p2039 ft171">Internt kapital och likvida tillgångar</P>
<P class="p1377 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Värdepappersföretag som inte uppfyller villkoren för att anses vara små och </SPAN><NOBR>icke-sammanlänkade</NOBR> värdepappersföretag i artikel 12.1 i förordning (EU) 2019/2033 ska ha sunda, effektiva och heltäckande arrangemang, strategier och processer för att fortlöpande värdera och upprätthålla internt kapital och likvida tillgångar som till belopp, slag och fördelning enligt deras uppfattning är tillräckliga för att täcka arten och nivån på de risker som de kan innebära för andra och som värdepappersföretagen själva är eller kan bli exponerade för.</P>
<P class="p1521 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">De arrangemang, strategier och processer som avses i punkt 1 ska vara ändamålsenliga och stå i proportion till arten och omfattningen av det berörda värdepappersföretagets verksamheter samt deras komplexitet. De ska regelbundet ses över internt.</SPAN></P>
<P class="p1425 ft164">Behöriga myndigheter får begära att värdepappersföretag som uppfyller villkoren för att anses vara små och icke- sammanlänkade värdepappersföretag i artikel 12.1 i förordning (EU) 2019/2033 ska tillämpa de krav som föreskrivs i den här artikeln i den utsträckning den behöriga myndigheten anser det lämpligt.</P>
<P class="p2040 ft169">Avsnitt 2</P>
<P class="p2041 ft171">Intern styrning, insyn, riskhantering och ersättning</P>
<P class="p1535 ft169">Artikel 25</P>
<P class="p2042 ft171">Tillämpningsområde för detta avsnitt</P>
<P class="p1998 ft166"><SPAN class="ft164">1.</SPAN><SPAN class="ft212">Detta avsnitt ska inte vara tillämpligt om ett värdepappersföretag på grundval av artikel 12.1 i förordning (EU) 2019/2033 fastställer att det uppfyller samtliga de villkor för att anses vara ett litet och </SPAN><NOBR>icke-sammanlänkat</NOBR> värdepappersföretag som anges där.</P>
<P class="p1442 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Om ett värdepappersföretag som inte uppfyller samtliga villkor i artikel 12.1 i förordning (EU) 2019/2033 senare uppfyller dessa krav ska detta avsnitt upphöra att vara tillämpligt efter en period på sex månader från och med den dag då dessa villkor är uppfyllda. Detta avsnitt ska upphöra att vara tillämpligt på ett värdepappersföretag efter den perioden endast om värdepappersföretaget under denna period fortsatte att uppfylla villkoren i artikel 12.1 i förordning (EU) 2019/2033 utan avbrott och om företaget underrättade den behöriga myndigheten i enlighet med detta.</SPAN></P>
<P class="p1998 ft166"><SPAN class="ft164">3.</SPAN><SPAN class="ft194">Om ett värdepappersföretag fastställer att det inte längre uppfyller samtliga villkor i artikel 12.1 i förordning (EU) 2019/2033 ska det underrätta den behöriga myndigheten och uppfylla kraven i detta avsnitt inom tolv månader från den dag då den bedömningen gjordes.</SPAN></P>
<P class="p1419 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft189">Medlemsstaterna ska kräva att värdepappersföretag ska tillämpa bestämmelserna i artikel 32 på ersättning för tillhandahållna tjänster eller för resultat under det räkenskapsår som följer efter det räkenskapsår då den bedömning som avses i punkt 3 gjordes.</SPAN></P>
<P class="p2043 ft169">Om detta avsnitt är tillämpligt och artikel 8 i förordning (EU) 2019/2033 tillämpas ska medlemsstaterna säkerställa att detta avsnitt tillämpas på värdepappersföretag på individuell nivå.</P>
<P class="p1996 ft169">Om detta avsnitt är tillämpligt och artikel 7 i förordning (EU) 2019/2033 tillämpas ska medlemsstaterna säkerställa att detta avsnitt tillämpas på värdepappersföretag på individuell nivå och gruppnivå.</P>
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<P class="p14 ft2">414</P>
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<DIV id="p415dimg1">
<INGENBILD zsrc="H803173415x1.jpg/" id="p415img1">
</DIV>
<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/85</P></TD>
</TR>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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</TABLE>
<P class="p1994 ft164">Genom undantag från tredje stycket ska detta avsnitt inte vara tillämpligt på dotterföretag som omfattas av en konsoliderad situation och som är etablerade i tredjeländer, om moderföretaget inom unionen kan påvisa för de behöriga myndigheterna att tillämpningen av detta avsnitt är rättsstridigt enligt lagen i det tredjeland där dotterföretagen är etablerade.</P>
<P class="p2044 ft169">Artikel 26</P>
<P class="p2045 ft171">Intern styrning</P>
<P class="p1242 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Medlemsstaterna ska säkerställa att värdepappersföretag har robusta styrningsformer som omfattar följande:</SPAN></P>
<P class="p1375 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">En tydlig organisationsstruktur med väldefinierade, genomlysta och konsekventa ansvarskedjor.</SPAN></P>
<P class="p1477 ft164"><SPAN class="ft174">b)</SPAN><SPAN class="ft193">Effektiva processer för att identifiera, hantera, övervaka och rapportera de risker som värdepappersföretag är eller kan bli exponerade för, eller de risker som de innebär eller kan innebära för andra.</SPAN></P>
<P class="p1432 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Tillfredsställande metoder för intern kontroll, inbegripet sunda administrations- och redovisningsrutiner.</SPAN></P>
<P class="p1375 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">En ersättningspolicy och en ersättningspraxis som är förenliga med och främjar sund och effektiv riskhantering.</SPAN></P>
<P class="p1247 ft169">Den ersättningspolicy och den ersättningspraxis som avses i första stycket d ska vara könsneutrala.</P>
<P class="p1247 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Vid fastställandet av de styrningsformer som avses i punkt 1 ska kriterierna i artiklarna </SPAN><NOBR>28–33</NOBR> beaktas.</P>
<P class="p1412 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">De styrningsformer som avses i punkt 1 ska vara ändamålsenliga och stå i proportion till arten, omfattningen och komplexiteten hos de inneboende riskerna i affärsmodellen och värdepappersföretagets verksamheter.</SPAN></P>
<P class="p1271 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft189">EBA ska i samråd med Esma utfärda riktlinjer om tillämpning av de styrningsformer som avses i punkt 1.</SPAN></P>
<P class="p1406 ft169">EBA ska i samråd med Esma utfärda riktlinjer i enlighet med artikel 16 i förordning (EU) nr 1093/2010 om könsneutral ersättningspolicy för värdepappersföretag.</P>
<P class="p1569 ft164">Inom två år efter dagen för offentliggörandet av de riktlinjerna ska EBA på grundval av den information som samlats in av de behöriga myndigheterna utfärda en rapport om värdepappersföretagens tillämpning av en könsneutral ersättningspolicy.</P>
<P class="p1414 ft169">Artikel 27</P>
<P class="p2046 ft171">Rapportering per land</P>
<P class="p1315 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft175">Medlemsstaterna ska kräva att värdepappersföretag som har en filial eller ett dotterföretag som är ett finansiellt institut enligt definitionen i artikel 4.1.26 i förordning (EU) nr 575/2013 i en annan medlemsstat eller i ett annat tredjeland än den medlemsstat eller det tredjeland där värdepappersföretagets auktorisation beviljades, för varje medlemsstat och tredjeland årligen offentliggör följande information:</SPAN></P>
<P class="p1244 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Namn på eventuella dotterföretag och filialer, vilken typ av verksamhet de bedriver och deras geografiska plats.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Omsättning.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Antal anställda i heltidsekvivalenter.</SPAN></P>
<P class="p1375 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Resultat före skatt.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Skatt på resultatet.</SPAN></P>
<P class="p1375 ft169"><SPAN class="ft164">f)</SPAN><SPAN class="ft203">Erhållna offentliga subventioner.</SPAN></P>
<P class="p1412 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Den information som avses i punkt 1 i denna artikel ska granskas i enlighet med direktiv 2006/43/EG och om möjligt bifogas årsredovisningen eller i tillämpliga fall det värdepappersföretagets koncernredovisning.</SPAN></P>
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<P class="p14 ft2">415</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/86</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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</TABLE>
<P class="p1417 ft169">Artikel 28</P>
<P class="p2047 ft171">Ledningsorganets roll i riskhantering</P>
<P class="p1998 ft166"><SPAN class="ft164">1.</SPAN><SPAN class="ft194">Medlemsstaterna ska säkerställa att värdepappersföretagets ledningsorgan godkänner och regelbundet ser över strategier och riktlinjer för värdepappersföretagets riskaptit samt för att hantera, övervaka och reducera de risker som värdepappersföretagen är eller kan bli exponerade för, med beaktande av det makroekonomiska läget och värdepappersfö retagets affärscykel.</SPAN></P>
<P class="p1998 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Medlemsstaterna ska säkerställa att ledningsorganet ägnar tillräcklig tid åt att säkerställa att de aspekter som avses i punkt 1 beaktas på lämpligt sätt och att tillräckliga resurser avsätts för hanteringen av alla de väsentliga risker som värdepappersföretaget exponeras för.</SPAN></P>
<P class="p2048 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft181">Medlemsstaterna ska säkerställa att värdepappersföretag upprättar rapporteringsvägar till ledningsorganet avseende alla väsentliga risker och alla riktlinjer för riskhantering samt ändringar av dessa.</SPAN></P>
<P class="p1498 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft189">Medlemsstaterna ska kräva att alla värdepappersföretag som inte uppfyller de kriterier som anges i artikel 32.4 a ska inrätta en riskkommitté som ska bestå av ledamöter i ledningsorganet som inte utövar någon verkställande funktion i det berörda värdepappersföretaget.</SPAN></P>
<P class="p1519 ft164">Medlemmarna i den riskkommitté som avses i första stycket ska ha lämpliga kunskaper och färdigheter samt lämplig sakkunskap för att till fullo förstå, hantera och övervaka värdepappersföretagets riskstrategi och riskaptit. De ska säkerställa att riskkommittén fungerar som rådgivare för ledningsorganet när det gäller värdepappersföretagets allmänna nuvarande och framtida riskaptit och riskstrategi och bistår ledningsorganet i dess övervakning av hur personer i ledande befattning genomför strategin. Ledningsorganet ska behålla det övergripande ansvaret för värdepappersföretagets riskstrategier och riktlinjer.</P>
<P class="p2049 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft189">Medlemsstaterna ska säkerställa att ledningsorganet i dess tillsynsfunktion samt ledningsorganets riskkommitté, om en riskkommitté har inrättats, har tillgång till information om de risker som värdepappersföretaget är eller kan bli exponerat för.</SPAN></P>
<P class="p1417 ft169">Artikel 29</P>
<P class="p2050 ft171">Riskhantering</P>
<P class="p1546 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Behöriga myndigheter ska säkerställa att värdepappersföretag har robusta strategier, riktlinjer, processer och system för att identifiera, mäta, hantera och övervaka följande:</SPAN></P>
<P class="p1470 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Väsentliga källor till och effekter av kundrisk och all väsentlig inverkan på kapitalbasen.</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Väsentliga källor till och effekter av marknadsrisk och all väsentlig inverkan på kapitalbasen.</SPAN></P>
<P class="p1397 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Väsentliga källor till och effekter av risker för värdepappersföretaget, framför allt de som kan förbruka den tillgängliga kapitalbasen.</SPAN></P>
<P class="p2015 ft164"><SPAN class="ft164">d)</SPAN><SPAN class="ft198">Likviditetsrisk över lämpliga tidsspann, inbegripet intradag, för att säkerställa att värdepappersföretaget håller de likvida medlen på adekvat nivå, inbegripet när det gäller att hantera väsentliga källor till risker enligt leden a, b och c.</SPAN></P>
<P class="p1329 ft164">Dessa strategier, riktlinjer, processer och system ska vara proportionella i förhållande till värdepappersföretagets komplexitet, riskprofil, verksamhetens omfattning och den risktolerans som fastställts av ledningsorganet och de ska återspegla värdepappersföretagets betydelse i varje medlemsstat där det bedriver verksamhet.</P>
<P class="p1205 ft169">Vid tillämpning av första stycket a och andra stycket ska behöriga myndigheter ta hänsyn till nationell rätt om separationsrätt som är tillämplig på kundmedel.</P>
<P class="p1421 ft169">Vid tillämpning av första stycket a ska värdepappersföretag överväga att ha en ansvarsförsäkring som ett ändamålsenligt verktyg inom ramen för riskhanteringen.</P>
<P class="p1519 ft166">Vid tillämpning av första stycket c ska väsentliga källor till risker för värdepappersföretaget självt i relevanta fall omfatta väsentliga förändringar i det bokförda värdet av tillgångar, inbegripet eventuella fordringar på anknutna ombud, kunders eller motparters fallissemang, positioner i finansiella instrument, utländska valutor och råvaror samt förpliktelser gentemot förmånsbestämda pensionssystem.</P>
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<P class="p14 ft2">416</P>
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<DIV id="page_417">
<DIV id="p417dimg1">
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<DIV id="id_1">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/87</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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<P class="p1964 ft164">Värdepappersföretagen ska ta vederbörlig hänsyn till varje väsentlig inverkan på kapitalbasen om sådana risker inte beaktas på lämpligt sätt genom de kapitalbaskrav som beräknats enligt artikel 11 i förordning (EU) 2019/2033.</P>
<P class="p1315 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">I fall då värdepappersföretag behöver avveckla eller upphöra med verksamheten ska behöriga myndigheter kräva att värdepappersföretagen, med beaktande av bärkraften och hållbarheten i deras affärsmodeller och affärsstrategier, tar vederbörlig hänsyn till krav och nödvändiga resurser som är realistiska i fråga om tidsramar och bevarande av kapitalbaser och likvida medel, under hela processen då de lämnar marknaden.</SPAN></P>
<P class="p1410 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Genom undantag från artikel 25 ska punkt 1 a, c och d i den här artikeln vara tillämplig på värdepappersföretag som uppfyller villkoren för att anses vara små och icke</SPAN><SPAN class="ft206">‐</SPAN>sammanlänkade värdepappersföretag i artikel 12.1 i förordning (EU) 2019/2033.</P>
<P class="p1368 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">Kommissionen ges befogenhet att anta delegerade akter i enlighet med artikel 58 för att komplettera detta direktiv för att säkerställa att värdepappersföretagens strategier, riktlinjer, processer och system är robusta. Kommissionen ska därvid ta hänsyn till utvecklingen på de finansiella marknaderna, särskilt uppkomsten av nya finansiella produkter, utvecklingen när det gäller redovisningsstandarder och utvecklingen mot en mer samstämmig tillsynspraxis.</SPAN></P>
<P class="p2051 ft169">Artikel 30</P>
<P class="p2052 ft171">Ersättningspolicy</P>
<P class="p1461 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft175">Medlemsstaterna ska säkerställa att värdepappersföretag, när de fastställer och tillämpar sin ersättningspolicy för personalkategorier, inklusive personer i ledande befattning, risktagare, personal som utövar kontrollfunktioner och alla anställda vars totala ersättning åtminstone är i nivå med den lägsta ersättningen för personer i ledande befattning eller risktagare, vars yrkesutövning har väsentlig inverkan på riskprofilen för värdepappersföretaget eller för de tillgångar som det förvaltar, iakttar följande principer:</SPAN></P>
<P class="p1818 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Ersättningspolicyn är tydligt dokumenterad och står i proportion till värdepappersföretaget, i fråga om såväl dess storlek och interna organisation som verksamhetens omfattning och komplexitet.</SPAN></P>
<P class="p1374 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Ersättningspolicyn är en könsneutral ersättningspolicy.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Ersättningspolicyn är förenlig med och främjar sund och effektiv riskhantering.</SPAN></P>
<P class="p1478 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Ersättningspolicyn överensstämmer med värdepappersföretagets affärsstrategi och mål, och beaktar även långsiktiga effekter av fattade investeringsbeslut.</SPAN></P>
<P class="p1473 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Ersättningspolicyn innehåller åtgärder för att undvika intressekonflikter, uppmuntrar till ansvarsfullt företagande och främjar riskmedvetenhet och försiktigt risktagande.</SPAN></P>
<P class="p1490 ft169"><SPAN class="ft174">f)</SPAN><SPAN class="ft211">Värdepappersföretagets ledningsorgan i sin tillsynsfunktion antar och ser regelbundet över ersättningspolicyn och har ett övergripande ansvar för att övervaka dess genomförande.</SPAN></P>
<P class="p1490 ft169"><SPAN class="ft174">g)</SPAN><SPAN class="ft190">Genomförandet av ersättningspolicyn är åtminstone en gång om året föremål för en central och oberoende intern granskning genom kontrollfunktioner.</SPAN></P>
<P class="p1570 ft169"><SPAN class="ft164">h)</SPAN><SPAN class="ft191">Personal som utövar kontrollfunktioner är oberoende i förhållande till de affärsenheter de övervakar, har lämplig befogenhet och får ersättning i förhållande till uppnåendet av de mål som är kopplade till dessa funktioner, oberoende av resultatet inom de affärsområden de kontrollerar.</SPAN></P>
<P class="p1308 ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft211">Ersättningen till högre befattningshavare som ansvarar för riskhantering och efterlevnad av lagstiftning övervakas direkt av den ersättningskommitté som avses i artikel 33 eller, om en sådan kommitté inte har inrättats, av ledningsorganet i dess tillsynsfunktion.</SPAN></P>
<P class="p1309 ft169"><SPAN class="ft174">j)</SPAN><SPAN class="ft211">Ersättningspolicyn, med beaktande av nationella regler för lönebildning, innebär att tydlig åtskillnad görs mellan de kriterier som tillämpas för fastställande av</SPAN></P>
<P class="p2053 ft169"><SPAN class="ft169">i)</SPAN><SPAN class="ft203">fast grundlön, som i första hand återspeglar relevant yrkeserfarenhet och organisatoriskt ansvar enligt vad som anges i den anställdes arbetsbeskrivning som en del av anställningsavtalet,</SPAN></P>
<P class="p2054 ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft191">rörlig ersättning, som återspeglar en hållbar och riskjusterad prestation samt eventuell prestation utöver vad som krävs för att uppfylla kraven i den anställdes arbetsbeskrivning.</SPAN></P>
<P class="p1310 ft164"><SPAN class="ft164">k)</SPAN><SPAN class="ft193">Den fasta delen representerar en tillräckligt stor del av den totala ersättningen för att det ska vara möjligt att genomföra en fullt flexibel policy med rörliga ersättningsdelar, inbegripet möjligheten att inga rörliga ersättningsdelar betalas ut.</SPAN></P>
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<P class="p14 ft2">417</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/88</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1975 ft166"><SPAN class="ft164">2.</SPAN><SPAN class="ft194">Vid tillämpning av punkt 1 k ska medlemsstaterna säkerställa att värdepappersföretagen i sin ersättningspolicy fastställer lämpliga kvoter mellan fasta och rörliga delar av den totala ersättningen, med beaktande av värdepappersfö retagets affärsverksamhet och därmed förenade risker, samt den inverkan som de olika personalkategorier som avses i punkt 1 har på värdepappersföretagets riskprofil.</SPAN></P>
<P class="p1521 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft189">Medlemsstaterna ska säkerställa att värdepappersföretagen fastställer och tillämpar de principer som avses i punkt 1 på ett sätt som är lämpligt med hänsyn till deras storlek och interna organisation samt till verksamhetens art, omfattning och komplexitet.</SPAN></P>
<P class="p1519 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft181">EBA ska i samråd med Esma utarbeta ett förslag till tekniska tillsynsstandarder för att specificera lämpliga kriterier i syfte att fastställa kategorier för personal vars yrkesutövning har en väsentlig inverkan på värdepappersföretagets riskprofil enligt vad som avses i punkt 1 i denna artikel. EBA och Esma ska vederbörligen beakta kommissionens rekommendation 2009/384/EG (</SPAN><SPAN class="ft176">26</SPAN>) och befintliga riktlinjer om ersättning enligt direktiven 2009/65/EG, 2011/61/EU och 2014/65/EU samt sträva efter att minimera avvikelserna från befintliga bestämmelser.</P>
<P class="p1196 ft169">EBA ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 juni 2021.</P>
<P class="p1399 ft164">Kommissionen ges befogenhet att komplettera denna förordning genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
<P class="p1283 ft169">Artikel 31</P>
<P class="p2055 ft171">Värdepappersföretag som mottar extraordinärt offentligt finansiellt stöd</P>
<P class="p1546 ft169">Om ett värdepappersföretag får extraordinärt offentligt finansiellt stöd enligt definitionen i artikel 2.1.28 i direktiv 2014/59/EU ska medlemsstaterna säkerställa att</P>
<P class="p1470 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">värdepappersföretaget inte betalar ut någon rörlig ersättning till ledamöter i ledningsorganet,</SPAN></P>
<P class="p1541 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">om den rörliga ersättning som betalas ut till annan personal än ledamöter i ledningsorganet är oförenlig med att värdepappersföretaget upprätthåller en sund kapitalbas och med att det extraordinära offentliga finansiella stödet upphör inom rimlig tid ska den rörliga ersättningen vara begränsad till en andel av nettointäkterna.</SPAN></P>
<P class="p1283 ft169">Artikel 32</P>
<P style="text-align: left;padding-left: 210px;margin-top: 12px;margin-bottom: 0px;" class="ft171">Rörlig ersättning</P>
<P class="p1498 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Medlemsstaterna ska säkerställa att all rörlig ersättning som tilldelas och betalas av ett värdepappersföretag till de personalkategorier som avses i artikel 30.1 uppfyller samtliga följande krav på samma villkor som dem som anges i artikel 30.3:</SPAN></P>
<P style="text-align: justify;padding-left: 42px;padding-right: 108px;margin-top: 1px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft207">Om den rörliga ersättningen är prestationsbaserad ska det totala beloppet rörlig ersättning baseras på en kombination av en bedömning av personens prestation, av den berörda affärsenheten och av värdepappersföretagets övergripande resultat.</SPAN></P>
<P class="p40 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft211">När den berörda personens prestation bedöms ska både finansiella och </SPAN><NOBR>icke-finansiella</NOBR> kriterier beaktas.</P>
<P style="text-align: left;padding-left: 42px;padding-right: 108px;margin-top: 5px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft207">Den bedömning av prestation som avses i led a ska baseras på en period som sträcker sig över flera år och ta hänsyn till värdepappersföretagets affärscykel och affärsrisker.</SPAN></P>
<P class="p1470 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft211">Den rörliga ersättningen ska inte påverka värdepappersföretagets förmåga att säkerställa en sund kapitalbas.</SPAN></P>
<P style="text-align: left;padding-left: 42px;padding-right: 108px;margin-top: 5px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft207">Garanterad rörlig ersättning ska endast förekomma i samband med nyanställning, endast under de nyanställdas första anställningsår och endast om värdepappersföretaget har en stark kapitalbas.</SPAN></P>
<P style="text-align: left;padding-left: 42px;padding-right: 108px;margin-top: 3px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft164">f)</SPAN><SPAN class="ft197">Betalningar vid förtida uppsägning av ett anställningsavtal ska stå i relation till personens prestationer under hela tidsperioden och inte premiera misslyckanden eller försummelser.</SPAN></P>
<P style="text-align: left;padding-left: 42px;padding-right: 108px;margin-top: 3px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft174">g)</SPAN><SPAN class="ft207">Ersättningspaket relaterade till ersättning eller inlösen av tidigare anställningskontrakt ska stämma överens med värdepappersföretagets långsiktiga intressen.</SPAN></P>
<P class="p1240 ft164">(<SPAN class="ft176">26</SPAN>) Kommissionens rekommendation av den 30 april 2009 om ersättningspolicy inom finanstjänstesektorn (EUT L 120, 15.5.2009, s. 22).</P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/89</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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<P style="text-align: justify;padding-left: 122px;padding-right: 86px;margin-top: 21px;margin-bottom: 0px;text-indent: -14px;" class="ft169"><SPAN class="ft164">h)</SPAN><SPAN class="ft203">I den metod för resultatbedömning som används för att beräkna pooler av rörlig ersättning ska hänsyn tas till alla typer av nuvarande och framtida risker samt till kostnaden för det kapital och den likviditet som krävs i enlighet med förordning (EU) 2019/2033.</SPAN></P>
<P style="text-align: left;padding-left: 122px;padding-right: 86px;margin-top: 3px;margin-bottom: 0px;text-indent: -14px;" class="ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft197">Vid fördelningen av de rörliga ersättningsdelarna inom värdepappersföretaget ska hänsyn tas till alla typer av nuvarande och framtida risker.</SPAN></P>
<P class="p1367 ft169"><SPAN class="ft174">j)</SPAN><SPAN class="ft197">Minst 50 % av den rörliga ersättningen ska bestå av något av följande instrument:</SPAN></P>
<P style="text-align: left;padding-left: 122px;margin-top: 6px;margin-bottom: 0px;" class="ft169"><SPAN class="ft169">i)</SPAN><SPAN class="ft197">Aktier eller motsvarande ägarintressen, beroende på det berörda värdepappersföretagets rättsliga struktur.</SPAN></P>
<P style="text-align: left;padding-left: 137px;padding-right: 86px;margin-top: 6px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft211">Aktierelaterade instrument, eller beroende på det berörda värdepappersföretagets rättsliga struktur, andra likvärdiga </SPAN><NOBR>icke-kontanta</NOBR> instrument.</P>
<P style="text-align: justify;padding-left: 137px;padding-right: 86px;margin-top: 4px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft169">iii)</SPAN><SPAN class="ft190">Primärkapitaltillskott, supplementärkapitalinstrument eller andra instrument som fullt ut kan omvandlas till kärnprimärkapitalinstrument eller skrivas ned och som på ett tillbörligt sätt återspeglar värdepappersföretagets kreditkvalitet på löpande basis.</SPAN></P>
<P style="text-align: left;padding-left: 122px;margin-top: 2px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">iv)</SPAN><NOBR><SPAN class="ft190">Icke-kontanta</SPAN></NOBR> instrument som återspeglar sammansättningen i instrumenten i de portföljer som förvaltas.</P>
<P style="text-align: left;padding-left: 122px;padding-right: 81px;margin-top: 6px;margin-bottom: 0px;text-indent: -14px;" class="ft164"><SPAN class="ft164">k)</SPAN><SPAN class="ft209">Genom undantag från led j får nationella behöriga myndigheter, om ett värdepappersföretag inte utfärdar något av de instrument som anges i det ledet, godkänna användning av alternativa arrangemang som uppfyller samma mål.</SPAN></P>
<P style="text-align: justify;padding-left: 122px;padding-right: 86px;margin-top: 6px;margin-bottom: 0px;text-indent: -14px;" class="ft166"><SPAN class="ft174">l)</SPAN><SPAN class="ft187">Minst 40 % av den rörliga ersättningen ska skjutas upp över en period på tre till fem år, beroende på vad som är lämpligt med tanke på värdepappersföretagets affärscykel, verksamhetens art, dess risker och den berörda personens verksamhet, med undantag för särskilt höga rörliga ersättningar då minst 60 % av den rörliga ersättningen ska skjutas upp.</SPAN></P>
<P style="text-align: justify;padding-left: 122px;padding-right: 86px;margin-top: 6px;margin-bottom: 0px;text-indent: -14px;" class="ft169"><SPAN class="ft164">m)</SPAN><SPAN class="ft191">Upp till 100 % av den rörliga ersättningen ska sänkas om värdepappersföretagets finansiella resultat är svagt eller negativt, inbegripet genom malus- eller återkravsförfaranden för vilka värdepappersföretagen har fastställt kriterier som särskilt omfattar situationer där personen i fråga</SPAN></P>
<P style="text-align: left;padding-left: 122px;margin-top: 2px;margin-bottom: 0px;" class="ft169"><SPAN class="ft169">i)</SPAN><SPAN class="ft203">deltog i eller var ansvarig för ett handlande som ledde till betydande förluster för värdepappersföretaget,</SPAN></P>
<P style="text-align: left;padding-left: 122px;margin-top: 6px;margin-bottom: 0px;" class="ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft191">inte längre anses uppfylla lämplighetskraven.</SPAN></P>
<P class="p1620 ft169"><SPAN class="ft164">n)</SPAN><SPAN class="ft203">De diskretionära pensionsförmånerna ska överensstämma med värdepappersföretagets affärsstrategi, mål, värderingar och långsiktiga intressen.</SPAN></P>
<P class="p1218 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Vid tillämpning av punkt 1 ska medlemsstaterna säkerställa att</SPAN></P>
<P class="p1477 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">de personer som avses i artikel 30.1 inte använder personliga risksäkringsstrategier eller försäkringar som är kopplade till ersättning och ansvar för att urholka de principer som avses i punkt 1,</SPAN></P>
<P class="p1490 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">rörlig ersättning inte betalas genom finansiella företag eller metoder som gör det enklare att kringgå detta direktiv eller förordning (EU) 2019/2033.</SPAN></P>
<P class="p1212 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Vid tillämpning av punkt 1 j ska de instrument som avses i den punkten omfattas av en lämplig policy för uppskjuten utbetalning som är utformad så att den knyter individuella incitament till värdepappersföretagets långsiktiga intressen, borgenärer och kunder. Medlemsstaterna eller deras behöriga myndigheter får sätta begränsningar för typen och utformningen av dessa instrument eller förbjuda användningen av vissa instrument för rörlig ersättning.</SPAN></P>
<P style="text-align: justify;padding-left: 108px;padding-right: 86px;margin-top: 15px;margin-bottom: 0px;" class="ft169">Vid tillämpning av punkt 1 l ska uppskjuten rörlig ersättning inte erhållas snabbare än enligt en proportionell beräkning (pro rata).</P>
<P class="p1212 ft164">Vid tillämpning av punkt 1 n ska, om den anställde lämnar värdepappersföretaget före pensionsåldern, de diskretionära pensionsförmånerna finnas kvar hos värdepappersföretaget under en period på fem år i form av de instrument som avses i led j. För en anställd som uppnår pensionsåldern och går i pension ska de diskretionära pensionsförmånerna betalas ut i form av sådana instrument som avses i led j, förutsatt att de har innehafts av den anställde i minst fem år.</P>
<P style="text-align: left;padding-left: 107px;margin-top: 15px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft189">Punkt 1 j och l och punkt 3 tredje stycket ska inte vara tillämpliga på följande:</SPAN></P>
<P class="p1477 ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">Ett värdepappersföretag som har tillgångar inom och utanför balansräkningen till ett värde av i genomsnitt högst 100 miljoner EUR under den fyraårsperiod som föregår det aktuella räkenskapsåret.</SPAN></P>
<P class="p1818 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">En person vars årliga rörliga ersättning inte överstiger 50 000 EUR och inte utgör mer än en fjärdedel av vederbörandes totala årliga ersättning.</SPAN></P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/90</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1358 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft189">Genom undantag från punkt 4 a får en medlemsstat öka det tröskelvärde som avses i den punkten förutsatt att värdepappersföretaget uppfyller följande kriterier:</SPAN></P>
<P class="p1293 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Värdepappersföretaget är inte ett av de tre största värdepappersföretagen i den medlemsstat där företaget är etablerat, sett till det totala värdet av tillgångar.</SPAN></P>
<P style="text-align: left;padding-left: 39px;padding-right: 103px;margin-top: 2px;margin-bottom: 0px;text-indent: -12px;" class="ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Värdepappersföretaget omfattas inte av några skyldigheter eller omfattas av förenklade skyldigheter avseende planer för återhämtning och resolution i enlighet med artikel 4 i direktiv 2014/59/EU.</SPAN></P>
<P class="p1295 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Storleken på värdepappersföretagens verksamhet i handelslagret i och utanför balansräkningen uppgår till högst 150 miljoner EUR.</SPAN></P>
<P style="text-align: left;padding-left: 39px;padding-right: 108px;margin-top: 2px;margin-bottom: 0px;text-indent: -11px;" class="ft169">d) Storleken på värdepappersföretagens derivatverksamhet i och utanför balansräkningen uppgår till högst 100 miljoner EUR.</P>
<P class="p1206 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Tröskelvärdet överstiger inte 300 miljoner EUR.</SPAN></P>
<P style="text-align: left;padding-left: 39px;padding-right: 103px;margin-top: 4px;margin-bottom: 0px;text-indent: -12px;" class="ft164"><SPAN class="ft164">f)</SPAN><SPAN class="ft208">Det är lämpligt att öka tröskelvärdet med beaktande av arten och omfattningen av värdepappersföretagets verksamhet, dess interna organisation och, i tillämpliga fall, särdragen hos den koncern som det tillhör.</SPAN></P>
<P class="p1326 ft164"><SPAN class="ft164">6.</SPAN><SPAN class="ft175">Genom undantag från punkt 4 a får en medlemsstat sänka det tröskelvärde som avses i den punkten under förutsättning att det är lämpligt att göra så med hänsyn till arten och omfattningen av värdepappersföretagets verksamhet, dess interna organisation och, i tillämpliga fall, särdragen hos den koncern som det tillhör.</SPAN></P>
<P class="p1377 ft164"><SPAN class="ft164">7.</SPAN><SPAN class="ft175">Genom undantag från punkt 4 b får en medlemsstat besluta att anställda som har rätt till en årlig rörlig ersättning som understiger det tröskelvärde och den andel som avses i den punkten inte ska omfattas av det undantag som anges där, på grund av nationella marknadsegenskaper vad gäller ersättningspraxis eller på grund av den typ av ansvarsområden och arbetsuppgifter som dessa personer har.</SPAN></P>
<P class="p1520 ft164"><SPAN class="ft164">8.</SPAN><SPAN class="ft175">EBA ska i samråd med Esma utarbeta ett förslag till tekniska tillsynsstandarder för att specificera de instrumentklasser som uppfyller villkoren i punkt 1 j iii och specificera möjliga alternativa arrangemang i punkt 1 k.</SPAN></P>
<P class="p1263 ft169">EBA ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 juni 2021.</P>
<P class="p1995 ft164">Kommissionen ges befogenhet att komplettera detta direktiv genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
<P class="p1300 ft169"><SPAN class="ft164">9.</SPAN><SPAN class="ft189">EBA ska i samråd med Esma utfärda riktlinjer som underlättar genomförandet av punkterna 4, 5 och 6 samt säkerställer att de tillämpas på ett enhetligt sätt.</SPAN></P>
<P class="p2013 ft169">Artikel 33</P>
<P style="text-align: left;padding-left: 202px;margin-top: 10px;margin-bottom: 0px;" class="ft171">Ersättningskommitté</P>
<P class="p1468 ft166"><SPAN class="ft164">1.</SPAN><SPAN class="ft212">Medlemsstaterna ska säkerställa att värdepappersföretag som inte uppfyller kriterierna i artikel 32.4 a inrättar en ersättningskommitté. Ersättningskommittén ska vara könsbalanserad och göra en kompetent och oberoende bedömning av ersättningspolicy och ersättningspraxis och de incitament som skapats för hantering av risker, kapital och likviditet. Ersättningskommittén får inrättas på gruppnivå.</SPAN></P>
<P class="p1468 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Medlemsstaterna ska säkerställa att ersättningskommittén ansvarar för förberedelserna inför beslut om ersättning, inbegripet beslut som får konsekvenser för det berörda värdepappersföretagets risker och riskhantering och som ska fattas av ledningsorganet. Ordföranden och ledamöterna i ersättningskommittén ska vara ledamöter i ledningsorganet som inte utövar någon verkställande funktion i det berörda värdepappersföretaget. Om arbetstagarna enligt nationell rätt måste vara representerade i ledningsorganet ska ersättningskommittén innehålla en eller flera arbetstagarrepresentanter.</SPAN></P>
<P class="p1399 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft181">När de beslut som avses i punkt 2 förbereds ska ersättningskommittén ta hänsyn till allmänintresset och de långsiktiga intressena för värdepappersföretagets aktieägare, investerare och övriga intressenter.</SPAN></P>
<P class="p1544 ft169">Artikel 34</P>
<P style="text-align: left;padding-left: 185px;margin-top: 10px;margin-bottom: 0px;" class="ft171">Tillsyn över ersättningspolicy</P>
<P class="p1326 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Medlemsstaterna ska säkerställa att behöriga myndigheter samlar in den information som offentliggjorts i enlighet med artikel 51 första stycket c och d i förordning (EU) 2019/2033 liksom den information som lämnats av värdepappers företagen om det könsmässiga lönegapet, och använder den som riktmärke för ersättningstrender och ersättningspraxis.</SPAN></P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/91</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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<P class="p1210 ft169">Behöriga myndigheter ska lämna denna information till EBA.</P>
<P class="p2019 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">EBA ska använda information som den mottagit från behöriga myndigheter i enlighet med punkterna 1 och 4 som riktmärke för ersättningstrender och ersättningspraxis på unionsnivå.</SPAN></P>
<P style="text-align: justify;padding-left: 108px;padding-right: 86px;margin-top: 16px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">EBA ska i samråd med Esma utfärda riktlinjer för tillämpningen av en sund ersättningspolicy. Dessa riktlinjer ska beakta åtminstone de krav som avses i artiklarna </SPAN><NOBR>30–33</NOBR> och principerna om en sund ersättningspolicy i rekommendation 2009/384/EG.</P>
<P class="p1315 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">Medlemsstaterna ska säkerställa att värdepappersföretag lämnar information till behöriga myndigheter om antalet fysiska personer vid varje värdepappersföretag som får en ersättning på 1 miljon EUR eller mer per räkenskapsår, uppdelat på ersättningsintervaller om 1 miljon EUR vardera, om deras arbetsuppgifter och vilket affärsområde det rör sig om samt om ersättningens beståndsdelar såsom lön, rörlig ersättning, långsiktiga förmåner och pensionsavsättningar.</SPAN></P>
<P class="p1994 ft164">Medlemsstaterna ska säkerställa att värdepappersföretag på begäran lämnar uppgifter till behöriga myndigheter om den totala ersättningen för varje ledamot i ledningsorganet eller för personer i ledande befattning.</P>
<P class="p2023 ft166">De behöriga myndigheterna ska överlämna den information som avses i första och andra styckena till EBA, som ska offentliggöra den i ett gemensamt rapporteringsformat uppdelat efter hemmedlemsstat. EBA får i samråd med Esma utfärda riktlinjer för att underlätta tillämpningen av denna punkt och säkerställa enhetligheten i den information som samlas in.</P>
<P style="text-align: left;padding-left: 306px;margin-top: 42px;margin-bottom: 0px;" class="ft169">Artikel 35</P>
<P style="text-align: left;padding-left: 179px;margin-top: 20px;margin-bottom: 0px;" class="ft171">EBA:s rapport om risker avseende miljö, samhällsansvar och bolagsstyrning</P>
<P style="text-align: justify;padding-left: 108px;padding-right: 86px;margin-top: 17px;margin-bottom: 0px;" class="ft166">EBA ska utarbeta en rapport om införandet av tekniska kriterier för exponering mot verksamhet som i hög grad är kopplad till mål avseende miljö, samhällsansvar och bolagsstyrning (ESG) för översyns- och utvärderingsprocessen, i syfte att bedöma de möjliga källorna till risker och deras effekter på värdepappersföretag, med beaktande av tillämpliga unionsrättsakter på området för <NOBR>ESG-taxonomin.</NOBR></P>
<P style="text-align: left;padding-left: 108px;margin-top: 18px;margin-bottom: 0px;" class="ft169">Den rapport från EBA som avses i första stycket ska omfatta åtminstone följande:</P>
<P style="text-align: justify;padding-left: 120px;padding-right: 81px;margin-top: 9px;margin-bottom: 0px;text-indent: -12px;" class="ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">En definition av </SPAN><NOBR>ESG-risker,</NOBR> inbegripet fysiska risker och övergångsrisker i samband med övergången till en mer hållbar ekonomi, och inbegripet, med hänsyn till övergångsrisker, risker i samband med värdeminskning för tillgångar till följd av lagstiftningsändringar, kvalitativa och kvantitativa kriterier och mått som är relevanta för bedömningen av sådana risker, samt en metod för att bedöma möjligheten att sådana risker uppstår på kort, medellång eller lång sikt och möjligheten att sådana risker har en väsentlig finansiell påverkan på ett värdepappersföretag.</P>
<P style="text-align: left;padding-left: 120px;padding-right: 86px;margin-top: 12px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">En bedömning av möjligheten att betydande koncentrationer av särskilda tillgångar ökar </SPAN><NOBR>ESG-risker,</NOBR> inbegripet fysiska risker och övergångsrisker för ett värdepappersföretag.</P>
<P class="p1459 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">En beskrivning av de processer genom vilka ett värdepappersföretag kan identifiera, utvärdera och hantera </SPAN><NOBR>ESG-risker,</NOBR> inbegripet fysiska risker och övergångsrisker.</P>
<P style="text-align: left;padding-left: 120px;padding-right: 81px;margin-top: 7px;margin-bottom: 0px;text-indent: -12px;" class="ft164"><SPAN class="ft174">d)</SPAN><SPAN class="ft193">De kriterier, parametrar och mått genom vilka tillsynsmyndigheter och värdepappersföretag kan bedöma effekterna på kort, medellång och lång sikt av </SPAN><NOBR>ESG-risker</NOBR> i samband med översyns- och utvärderingsprocessen.</P>
<P style="text-align: left;padding-left: 108px;margin-top: 20px;margin-bottom: 0px;" class="ft164">EBA ska lägga fram en rapport om dessa resultat till Europaparlamentet, rådet och kommissionen senast den 26 december 2021.</P>
<P style="text-align: left;padding-left: 108px;padding-right: 81px;margin-top: 20px;margin-bottom: 0px;" class="ft164">EBA får, om så är lämpligt, på grundval av denna rapport anta riktlinjer för att införa kriterier relaterade till <NOBR>ESG-risker</NOBR> för översyns- och utvärderingsprocessen med beaktande av resultaten i den rapport från EBA som avses i denna artikel.</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/92</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<P class="p2011 ft169">Avsnitt 3</P>
<P style="text-align: left;padding-left: 161px;margin-top: 11px;margin-bottom: 0px;" class="ft171">Översyns- och utvärderingsprocess</P>
<P class="p1544 ft169">Artikel 36</P>
<P style="text-align: left;padding-left: 194px;margin-top: 10px;margin-bottom: 0px;" class="ft171">Översyn och utvärdering</P>
<P class="p1326 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">De behöriga myndigheterna ska, i den utsträckning det är relevant och nödvändigt, och med beaktande av värdepappersföretagets storlek, riskprofil och affärsmodell, se över de styrformer, strategier, processer och rutiner som värdepappersföretagen har infört för att följa detta direktiv och förordning (EU) 2019/2033 och, när så är lämpligt och relevant, utvärdera nedanstående för att säkerställa en sund hantering och täckning av deras risker:</SPAN></P>
<P class="p1208 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">De risker som avses i artikel 29.</SPAN></P>
<P class="p1236 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Geografiskt område för värdepappersföretagets exponeringar.</SPAN></P>
<P class="p1236 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Värdepappersföretagets affärsmodell.</SPAN></P>
<P class="p1328 ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft191">Bedömningen av systemrisker, med beaktande av identifieringen och mätningen av systemrisker enligt artikel 23 i förordning (EU) nr 1093/2010 eller ESRB:s rekommendationer.</SPAN></P>
<P style="text-align: left;padding-left: 39px;padding-right: 103px;margin-top: 2px;margin-bottom: 0px;text-indent: -12px;" class="ft164"><SPAN class="ft174">e)</SPAN><SPAN class="ft193">De risker som säkerheten i värdepappersföretagens nätverks- och informationssystem utsätts för, i syfte att säkerställa konfidentialitet, integritet och tillgänglighet för sina processer, uppgifter och tillgångar.</SPAN></P>
<P class="p1208 ft169"><SPAN class="ft164">f)</SPAN><SPAN class="ft203">Värdepappersföretags exponering för ränterisker i samband med verksamhet utanför handelslagret.</SPAN></P>
<P class="p1236 ft169"><SPAN class="ft174">g)</SPAN><SPAN class="ft190">Värdepappersföretags styrningsformer och förmågan hos ledamöterna i ledningsorganet att utföra sitt uppdrag.</SPAN></P>
<P class="p1486 ft169">Vid tillämpning av denna punkt ska de behöriga myndigheterna ta vederbörlig hänsyn till huruvida värdepappersföretag har en ansvarsförsäkring.</P>
<P style="text-align: justify;padding-left: 27px;padding-right: 108px;margin-top: 5px;margin-bottom: 0px;" class="ft166"><SPAN class="ft164">2.</SPAN><SPAN class="ft194">Medlemsstaterna ska säkerställa att de behöriga myndigheterna fastställer hur ofta och hur ingående den översyn och utvärdering som avses i punkt 1 ska genomföras med hänsyn till storleken, arten, omfattningen och komplexiteten hos verksamheten i berört värdepappersföretag samt, om så är relevant, dess systemviktighet, och med beaktande av proportio nalitetsprincipen.</SPAN></P>
<P class="p1468 ft164">De behöriga myndigheterna ska i det enskilda fallet besluta huruvida och i vilken form översynen och utvärderingen ska genomföras med avseende på värdepappersföretag som uppfyller villkoren för att anses vara små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag i artikel 12.1 i förordning (EU) 2019/2033 och endast om den anser detta vara nödvändigt på grund av storleken, arten, omfattningen och komplexiteten hos verksamheten i dessa värdepappersföretag.</P>
<P class="p1521 ft169">Vid tillämpning av första stycket ska hänsyn tas till nationell rätt om separationsrätt som är tillämplig på innehav av kundmedel.</P>
<P style="text-align: justify;padding-left: 27px;padding-right: 108px;margin-top: 7px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft189">När de behöriga myndigheterna utför den översyn och utvärdering som avses i punkt 1 g ska de ha tillgång till dagordningar, protokoll och andra dokument från ledningsorganets och kommittéernas möten samt resultaten från interna eller externa utvärderingar av ledningsorganets funktion.</SPAN></P>
<P style="text-align: justify;padding-left: 27px;padding-right: 103px;margin-top: 4px;margin-bottom: 0px;" class="ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft181">Kommissionen ges befogenhet att anta delegerade akter i enlighet med artikel 58 för att komplettera detta direktiv i syfte att säkerställa att värdepappersföretags styrformer, strategier, processer och mekanismer säkerställer en god riskhantering och risktäckning. Kommissionen ska i detta sammanhang ta hänsyn till utvecklingen på de finansiella marknaderna, särskilt uppkomsten av nya finansiella produkter, utvecklingen när det gäller redovisningsstandarder och utvecklingen mot en mer samstämmig tillsynspraxis.</SPAN></P>
<P class="p1535 ft169">Artikel 37</P>
<P style="text-align: left;padding-left: 131px;margin-top: 10px;margin-bottom: 0px;" class="ft171">Löpande översyn av tillstånd att använda interna modeller</P>
<P class="p1326 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Medlemsstaterna ska säkerställa att behöriga myndigheter med jämna mellanrum och minst vart tredje år gör en översyn av värdepappersföretagens efterlevnad av kraven för att få tillstånd att använda de interna modeller som avses i artikel 22 i förordning (EU) 2019/2033. Behöriga myndigheter ska lägga särskild vikt vid ändringar av ett värdepappers företags affärsverksamhet och tillämpningen av dessa interna modeller på nya produkter samt granska och utvärdera om värdepappersföretaget använder väl utvecklade och uppdaterade metoder och förfaranden i samband med dessa interna modeller. Om betydande brister i risktäckningen uppdagas i ett värdepappersföretags interna metoder måste de behöriga</SPAN></P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/93</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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<P class="p1429 ft169">myndigheterna säkerställa att dessa åtgärdas eller vidta åtgärder för att minska följderna av dem, till exempel genom att införa högre multiplikationsfaktorer eller kapitaltillägg.</P>
<P class="p1212 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Om det för interna marknadsriskmodeller förekommer upprepade överskridanden enligt vad som avses i artikel 366 i förordning (EU) nr 575/2013 vilka indikerar att de interna modellerna inte, eller inte längre, är tillräckligt exakta, ska de behöriga myndigheterna återkalla tillståndet att använda dessa interna modeller eller vidta lämpliga åtgärder för att säkerställa att de interna modellerna förbättras snarast inom en bestämd tidsram.</SPAN></P>
<P class="p1461 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Om ett värdepappersföretag som har fått tillstånd att använda interna modeller inte längre uppfyller kraven för användning av dessa interna modeller, ska de behöriga myndigheterna kräva att värdepappersföretaget antingen visar att följderna av den bristande efterlevnaden är oväsentliga eller lägger fram en plan och en tidsfrist för efterlevnad av dessa krav. Behöriga myndigheter ska kräva förbättringar av den presenterade planen om det är osannolikt att den leder till full efterlevnad eller om tidsfristen är olämplig.</SPAN></P>
<P class="p1315 ft164">Om det är osannolikt att värdepappersföretaget kommer att efterleva kraven inom den angivna tidsfristen eller inte på ett tillfredsställande sätt har visat att följderna av den bristande efterlevnaden är oväsentliga, ska medlemsstaterna säkerställa att de behöriga myndigheterna återkallar tillståndet att använda interna modeller eller begränsar det till områden där efterlevnad har uppnåtts eller kan uppnås inom en lämplig tidsfrist.</P>
<P class="p1413 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">EBA ska analysera olika värdepappersföretags interna modeller och hur värdepappersföretag som använder interna modeller hanterar liknande risker eller exponeringar. EBA ska underrätta Esma om denna analys.</SPAN></P>
<P class="p1315 ft164">För att främja en konsekvent, effektiv och ändamålsenlig tillsynspraxis ska EBA på grundval av den analysen och i enlighet med artikel 16 i förordning (EU) nr 1093/2010 utarbeta riktlinjer med riktmärken för hur värdepappersföretag ska använda interna modeller och hur dessa interna modeller ska behandla liknande risker eller exponeringar.</P>
<P class="p1410 ft169">Medlemsstaterna ska uppmuntra behöriga myndigheter att beakta analysen och riktlinjerna med avseende på den översyn som avses i punkt 1.</P>
<P style="text-align: left;padding-left: 303px;margin-top: 32px;margin-bottom: 0px;" class="ft169">Avsnitt 4</P>
<P style="text-align: left;padding-left: 226px;margin-top: 12px;margin-bottom: 0px;" class="ft171">Tillsynsåtgärder och tillsynsbefogenheter</P>
<P class="p1430 ft169">Artikel 38</P>
<P class="p1985 ft171">Tillsynsåtgärder</P>
<P class="p1410 ft169">De behöriga myndigheterna ska kräva att värdepappersföretag i ett tidigt skede vidtar nödvändiga åtgärder för att ta itu med följande problem:</P>
<P class="p1374 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">ett värdepappersföretag uppfyller inte kraven i detta direktiv eller i förordning (EU) 2019/2033,</SPAN></P>
<P class="p1573 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">de behöriga myndigheterna har bevis för att ett värdepappersföretag sannolikt kommer att överträda de nationella bestämmelser som införlivar detta direktiv eller bestämmelserna i förordning (EU) 2019/2033 inom de närmaste tolv månaderna.</SPAN></P>
<P class="p1504 ft169">Artikel 39</P>
<P class="p1528 ft171">Tillsynsbefogenheter</P>
<P class="p1412 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft175">Medlemsstaterna ska säkerställa att de behöriga myndigheterna har de tillsynsbefogenheter som är nödvändiga för att inom ramen för sitt uppdrag ingripa i värdepappersföretagens verksamhet på ett ändamålsenligt och proportionerligt sätt.</SPAN></P>
<P class="p1306 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">Vid tillämpning av artiklarna 36, 37.3 och 38 och av förordning (EU) 2019/2033 ska de behöriga myndigheterna ha befogenhet att</SPAN></P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
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<TD class="tr8 td80"><P class="p18 ft166">L 314/94</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
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<P style="text-align: justify;padding-left: 42px;padding-right: 103px;margin-top: 21px;margin-bottom: 0px;text-indent: -15px;" class="ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft183">kräva att värdepappersföretag har en kapitalbas som överstiger de krav som anges i artikel 11 i förordning (EU) 2019/2033, enligt de villkor som fastställs i artikel 40 i detta direktiv, eller justerar den kapitalbas och de likvida tillgångar som krävs vid väsentliga förändringar i värdepappersföretagens verksamhet,</SPAN></P>
<P style="text-align: left;padding-left: 42px;padding-right: 108px;margin-top: 8px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft211">kräva en förstärkning av de styrformer, processer, rutiner och strategier som genomförs i enlighet med artiklarna 24 och 26,</SPAN></P>
<P style="text-align: justify;padding-left: 42px;padding-right: 108px;margin-top: 4px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft207">kräva att värdepappersföretag inom ett år lägger fram en plan för att återställa efterlevnad av tillsynskraven i detta direktiv och i förordning (EU) 2019/2033 och fastställer en tidsfrist för genomförandet av planen samt kräva förbättringar av planens omfattning och tidsfrist,</SPAN></P>
<P style="text-align: left;padding-left: 42px;padding-right: 108px;margin-top: 2px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft211">kräva att värdepappersföretag i samband med kapitalbaskraven tillämpar en särskild avsättningspolitik eller behandlar tillgångar på särskilt sätt,</SPAN></P>
<P style="text-align: left;padding-left: 42px;padding-right: 108px;margin-top: 3px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft207">begränsa värdepappersföretagets verksamhet, transaktioner eller nätverk eller kräva avyttring av verksamheter som innebär överdrivna risker för värdepappersföretagets finansiella sundhet,</SPAN></P>
<P style="text-align: left;padding-left: 42px;padding-right: 108px;margin-top: 4px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft164">f)</SPAN><SPAN class="ft197">kräva reduktion av den inneboende risken i värdepappersföretagens verksamheter, produkter och system, inbegripet utkontrakterad verksamhet,</SPAN></P>
<P style="text-align: left;padding-left: 42px;padding-right: 108px;margin-top: 4px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft174">g)</SPAN><SPAN class="ft207">kräva att värdepappersföretag begränsar den rörliga ersättningen till en procentandel av nettointäkterna när denna är oförenlig med upprätthållandet av en sund kapitalbas,</SPAN></P>
<P class="p1470 ft169"><SPAN class="ft164">h)</SPAN><SPAN class="ft211">kräva att värdepappersföretag använder nettovinster för att stärka kapitalbasen,</SPAN></P>
<P style="text-align: justify;padding-left: 42px;padding-right: 108px;margin-top: 6px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft174">i)</SPAN><SPAN class="ft196">begränsa eller förbjuda utdelningar eller räntebetalningar från ett värdepappersföretag till aktieägare, medlemmar eller innehavare av primärkapitaltillskott där begränsningen eller förbudet inte innebär ett fallissemang från värdepappersfö retagets sida,</SPAN></P>
<P style="text-align: left;padding-left: 42px;padding-right: 108px;margin-top: 2px;margin-bottom: 0px;text-indent: -15px;" class="ft169"><SPAN class="ft174">j)</SPAN><SPAN class="ft196">kräva ytterligare eller mer frekvent rapportering än vad som anges i detta direktiv och i förordning (EU) 2019/2033, inklusive rapporter om kapital- och likviditetspositioner,</SPAN></P>
<P class="p1236 ft169"><SPAN class="ft164">k)</SPAN><SPAN class="ft211">införa särskilda likviditetskrav i enlighet med artikel 42,</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft174">l)</SPAN><SPAN class="ft196">kräva ytterligare redovisning,</SPAN></P>
<P style="text-align: left;padding-left: 42px;padding-right: 103px;margin-top: 6px;margin-bottom: 0px;text-indent: -15px;" class="ft164"><SPAN class="ft164">m)</SPAN><SPAN class="ft193">kräva att värdepappersföretag minskar de risker som säkerheten i deras nätverks- och informationssystem utsätts för i syfte att säkerställa konfidentialitet, integritet och tillgänglighet för sina processer, uppgifter och tillgångar.</SPAN></P>
<P class="p1228 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft189">Vid tillämpning av punkt 2 j får de behöriga myndigheterna kräva ytterligare eller mer frekvent rapportering för värdepappersföretag endast om de uppgifter som ska rapporteras inte är överlappande och något av följande villkor är uppfyllt:</SPAN></P>
<P class="p1206 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Någon av de situationer som avses i artikel 38 a och b föreligger.</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Den behöriga myndigheten anser det vara nödvändigt att samla in de bevis som avses i artikel 38 b.</SPAN></P>
<P class="p1208 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">De ytterligare uppgifterna krävs för den översyns- och utvärderingsprocess som avses i artikel 36.</SPAN></P>
<P class="p1329 ft164">Uppgifter ska anses vara överlappande om den behöriga myndigheten redan har samma eller i huvudsak samma uppgifter och den behöriga myndigheten kan ta fram eller få tillgång till uppgifterna på annat sätt än genom att ålägga värdepappers företaget att rapportera den. En behörig myndighet får inte kräva ytterligare uppgifter om uppgifterna är tillgängliga för den behöriga myndigheten i ett annat format eller på en annan detaljnivå än de ytterligare uppgifter som ska rapporteras, förutsatt att skillnaden i format eller detaljnivå inte hindrar den från att ta fram i huvudsak samma uppgifter.</P>
<P style="text-align: left;padding-left: 225px;margin-top: 31px;margin-bottom: 0px;" class="ft169">Artikel 40</P>
<P class="p1282 ft171">Krav på ytterligare kapitalbas</P>
<P class="p1205 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Behöriga myndigheter ska ålägga det krav på ytterligare kapitalbas som avses i artikel 39.2 a endast om de på grundval av de översyner som gjorts i enlighet med artiklarna 36 och 37 konstaterar någon av följande situationer för ett värdepappersföretag:</SPAN></P>
<P class="p1398 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Värdepappersföretaget är exponerat för risker eller riskelement eller innebär risker för andra som är väsentliga och som inte täcks av eller inte i tillräcklig omfattning täcks av det kapitalbaskrav, och i synnerhet </SPAN><NOBR>K-faktorkraven,</NOBR> som anges i del tre eller fyra i förordning (EU) 2019/2033.</P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
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<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/95</P></TD>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
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<P style="text-align: left;padding-left: 120px;padding-right: 81px;margin-top: 21px;margin-bottom: 0px;text-indent: -12px;" class="ft164"><SPAN class="ft174">b)</SPAN><SPAN class="ft193">Värdepappersföretaget uppfyller inte kraven i artiklarna 24 och 26 och det är osannolikt att andra tillsynsåtgärder ger tillräcklig förbättring av styrformer, processer, rutiner och strategier inom en lämplig tidsram.</SPAN></P>
<P style="text-align: justify;padding-left: 120px;padding-right: 86px;margin-top: 9px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Justeringarna avseende den försiktiga värderingen av handelslagret är otillräckliga för att värdepappersföretaget under normala marknadsförhållanden ska kunna avyttra eller säkra sina positioner inom kort tid utan att drabbas av betydande förluster.</SPAN></P>
<P style="text-align: left;padding-left: 120px;padding-right: 81px;margin-top: 2px;margin-bottom: 0px;text-indent: -12px;" class="ft164"><SPAN class="ft174">d)</SPAN><SPAN class="ft193">Den översyn som genomförts i enlighet med artikel 37 visar att en bristande efterlevnad av kraven för tillämpningen av de tillåtna interna modellerna sannolikt kommer att leda till otillräckliga kapitalnivåer.</SPAN></P>
<P class="p1818 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Värdepappersföretaget underlåter vid upprepade tillfällen att upprätta eller bibehålla tillräckligt med ytterligare kapitalbas enligt artikel 41.</SPAN></P>
<P class="p1217 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Vid tillämpningen av punkt 1 a i den här artikeln ska risker eller riskelement anses inte täckas av, eller inte i tillräcklig omfattning täckas av, de kapitalbaskrav som anges i delarna tre och fyra i förordning (EU) 2019/2033 endast där beloppen, slagen och fördelningen av det kapital som den behöriga myndigheten ansett tillräckligt efter den översyn av den bedömning som utförts av värdepappersföretaget i enlighet med artikel 24.1 i detta direktiv är större än det kapitalbaskrav för värdepappersföretaget som avses i del tre eller fyra i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1413 ft164">Vid tillämpningen av första stycket får det kapital som anses vara tillräckligt innefatta risker eller riskelement som uttryckligen undantas från det kapitalbaskrav som anges i del tre eller fyra i förordning (EU) 2019/2033.</P>
<P style="text-align: justify;padding-left: 108px;padding-right: 86px;margin-top: 15px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Behöriga myndigheter ska fastställa nivån på den ytterligare kapitalbas som krävs enligt artikel 39.2 a som skillnaden mellan det kapital som anses vara tillräckligt enligt punkt 2 i den här artikeln och det kapitalbaskrav som anges i del tre eller fyra i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1375 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft181">Behöriga myndigheter ska kräva att värdepappersföretag uppfyller det krav på ytterligare kapitalbas som avses i artikel</SPAN></P>
<P class="p1219 ft169">39.2 a med en kapitalbas enligt följande villkor:</P>
<P class="p1375 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Minst tre fjärdedelar av kravet på ytterligare kapitalbas ska uppfyllas med primärkapital.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Minst tre fjärdedelar av primärkapitalet ska bestå av kärnprimärkapital.</SPAN></P>
<P class="p1478 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Denna kapitalbas ska inte användas för att uppfylla något av de kapitalbaskrav som anges i artikel 11.1 a, b och c i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1212 ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft175">Behöriga myndigheter ska skriftligen motivera sitt beslut att införa ett krav på ytterligare kapitalbas enligt artikel 39.2 a genom att klart och tydligt redogöra för den samlade bedömningen av de element som avses i punkterna </SPAN><NOBR>1–4</NOBR> i den här artikeln. I det fall som anges i punkt 1 d i den här artikeln ska detta innefatta en särskild motivering av varför den kapitalnivå som fastställts i enlighet med artikel 41.1 inte längre anses vara tillräcklig.</P>
<P style="text-align: justify;padding-left: 107px;padding-right: 81px;margin-top: 15px;margin-bottom: 0px;text-indent: 1px;" class="ft169"><SPAN class="ft164">6.</SPAN><SPAN class="ft189">EBA ska i samråd med Esma utarbeta ett förslag till tekniska tillsynsstandarder för att specificera hur de risker och riskelement som avses i punkt 2 ska mätas, inbegripet risker eller riskelement som uttryckligen undantas från de kapitalbaskrav som anges i del tre eller fyra i förordning (EU) 2019/2033.</SPAN></P>
<P style="text-align: justify;padding-left: 107px;padding-right: 81px;margin-top: 9px;margin-bottom: 0px;" class="ft164">EBA ska säkerställa att förslaget till tekniska tillsynsstandarder inkluderar vägledande kvalitativa mått för de belopp av ytterligare kapitalbas som avses i artikel 39.2 a, med beaktande av de olika affärsmodeller och rättsliga former som värdepappersföretag kan ha, och att de är proportionella med hänsyn till</P>
<P class="p1567 ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">värdepappersföretagens och de behöriga myndigheternas genomförandebörda,</SPAN></P>
<P style="text-align: left;padding-left: 120px;padding-right: 81px;margin-top: 6px;margin-bottom: 0px;text-indent: -13px;" class="ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft193">möjligheten att den högre nivå på kapitalbaskrav som är tillämplig när värdepappersföretagen inte använder interna modeller gör det motiverat att införa lägre kapitalbaskrav när risker och riskelement bedöms i enlighet med punkt 2.</SPAN></P>
<P style="text-align: left;padding-left: 107px;margin-top: 15px;margin-bottom: 0px;" class="ft169">EBA ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 juni 2021.</P>
<P class="p1569 ft164">Kommissionen ges befogenhet att komplettera detta direktiv genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
<P class="p1334 ft166"><SPAN class="ft164">7.</SPAN><SPAN class="ft212">Behöriga myndigheter får införa ett krav på ytterligare kapitalbas i enlighet med punkterna </SPAN><NOBR>1–6</NOBR> för värdepappersföretag som uppfyller villkoren för att anses vara små och <NOBR>icke-sammanlänkade</NOBR> värdepappersföretag i artikel 12.1 i förordning (EU) 2019/2033 på grundval av en bedömning i det enskilda fallet och om den behöriga myndigheten anser det motiverat.</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
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<TD class="tr8 td80"><P class="p18 ft166">L 314/96</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
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<P class="p1417 ft169">Artikel 41</P>
<P style="text-align: left;padding-left: 178px;margin-top: 12px;margin-bottom: 0px;" class="ft171">Riktlinje för ytterligare kapitalbas</P>
<P class="p1377 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Behöriga myndigheter får, med beaktande av proportionalitetsprincipen och i proportion till storleken, systemvik tigheten, arten, omfattningen och komplexiteten hos verksamheten i värdepappersföretag som inte uppfyller villkoren för att anses vara små och icke</SPAN><SPAN class="ft184">‐</SPAN>sammanlänkade värdepappersföretag i artikel 12.1 i förordning (EU) 2019/2033, kräva att sådana värdepappersföretag har kapitalbasnivåer som på grundval av artikel 24 med tillräcklig marginal överstiger kraven i del tre i förordning (EU) 2019/2033 och i detta direktiv, inbegripet de krav på ytterligare kapitalbas som avses i artikel 39.2 a, för att säkerställa att konjunktursvängningar inte leder till överträdelser av dessa krav eller hotar värdepappersföretagets förmåga att avveckla och lägga ned verksamheten på ett ordnat sätt.</P>
<P style="text-align: justify;padding-left: 27px;padding-right: 103px;margin-top: 13px;margin-bottom: 0px;" class="ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft181">Behöriga myndigheter ska, om så är lämpligt, se över den kapitalbasnivå som varje värdepappersföretag som inte uppfyller villkoren för att anses vara ett litet och icke</SPAN><SPAN class="ft184">‐</SPAN>sammanlänkat värdepappersföretag i artikel 12.1 i förordning (EU) 2019/2033 har fastställt i enlighet med punkt 1 i den här artikeln och i relevanta fall meddela det berörda värdepappers företaget sina slutsatser, bland annat om de förväntar sig att den kapitalbasnivå som har fastställts i enlighet med punkt 1 i den här artikeln ska justeras. Ett sådant meddelande ska ange den sista dag då den behöriga myndigheten kräver att justeringen ska ha slutförts.</P>
<P class="p1610 ft169">Artikel 42</P>
<P style="text-align: left;padding-left: 196px;margin-top: 11px;margin-bottom: 0px;" class="ft171">Särskilda likviditetskrav</P>
<P class="p1329 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Behöriga myndigheter ska införa de särskilda likviditetskrav som avses i artikel 39.2 k i detta direktiv endast om de på grundval av de översyner som genomförts i enlighet med artiklarna 36 och 37 i detta direktiv konstaterar att ett värdepappersföretag som inte uppfyller de villkor för att anses vara små och </SPAN><NOBR>icke-sammanlänkade</NOBR> värdepappersföretag som anges i artikel 12.1 i förordning (EU) 2019/2033 eller som uppfyller de villkor som anges i artikel 12.1 i förordning (EU) 2019/2033 men inte är undantagna från likviditetskrav i enlighet med artikel 43.1 i förordning (EU) 2019/2033, befinner sig i någon av följande situationer:</P>
<P style="text-align: justify;padding-left: 39px;padding-right: 108px;margin-top: 17px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Värdepappersföretaget är exponerat för likviditetsrisker eller element av likviditetsrisker som är väsentliga och som inte är täckta, eller som inte är täckta i tillräcklig utsträckning, av det likviditetskrav som anges i del fem i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1294 ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Värdepappersföretaget uppfyller inte kraven i artiklarna 24 och 26 i detta direktiv och det är inte sannolikt att andra administrativa åtgärder ger tillräcklig förbättring av styrformer, processer, rutiner och strategier inom rimlig tid.</SPAN></P>
<P class="p1329 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft181">Vid tillämpning av punkt 1 a i denna artikel ska likviditetsrisker eller element av likviditetsrisker anses vara inte täckta, eller inte täckta i tillräcklig utsträckning, av det likviditetskrav som anges i del fem i förordning (EU) 2019/2033 endast om den likviditet som i fråga om belopp och slag har bedömts vara tillräckligt av den behöriga myndigheten efter översynen av värdepappersföretagets bedömning i enlighet med artikel 24.1 i detta direktiv är större än det likviditetskrav för värdepappersföretaget som anges i del fem i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1498 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Behöriga myndigheter ska fastställa nivån på den särskilda likviditet som krävs enligt artikel 39.2 k i detta direktiv som skillnaden mellan den likviditet som anses vara tillräcklig enligt punkt 2 i den här artikeln och det likviditetskrav som anges i del fem i förordning (EU) 2019/2033.</SPAN></P>
<P class="p2048 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">Behöriga myndigheter ska kräva att värdepappersföretag uppfyller de särskilda likviditetskrav som avses i artikel 39.2 k i detta direktiv med likvida tillgångar enligt artikel 43 i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1498 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft195">Behöriga myndigheter ska skriftligen motivera sitt beslut att införa ett särskilt likviditetskrav som avses i artikel 39.2 k genom att klart och tydligt redogöra för den samlade bedömningen av de element som avses i punkterna </SPAN><NOBR>1–3</NOBR> i den här artikeln.</P>
<P class="p1524 ft164"><SPAN class="ft164">6.</SPAN><SPAN class="ft181">EBA ska i samråd med Esma utarbeta ett förslag till tekniska tillsynsstandarder för att, på ett sätt som är lämpligt med hänsyn till värdepappersföretagens storlek, struktur och interna organisation samt verksamhetens art, omfattning och komplexitet, specificera hur den likviditetsrisk och element av likviditetsrisker som avses i punkt 2 ska mätas.</SPAN></P>
<P class="p1142 ft169">EBA ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 juni 2021.</P>
<P class="p1520 ft164">Kommissionen ges befogenhet att komplettera detta direktiv genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/97</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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<P class="p1564 ft169">Artikel 43</P>
<P style="text-align: left;padding-left: 246px;margin-top: 13px;margin-bottom: 0px;" class="ft171">Samarbete med resolutionsmyndigheter</P>
<P class="p1316 ft166">Behöriga myndigheter ska underrätta relevanta resolutionsmyndigheter om krav på ytterligare kapitalbas som införs enligt artikel 39.2 a i detta direktiv för ett värdepappersföretag som omfattas av tillämpningsområdet för direktiv 2014/59/EU och om eventuella förväntningar på justeringar i enlighet med artikel 41.2 i detta direktiv med avseende på ett sådant värdepappersföretag.</P>
<P style="text-align: left;padding-left: 306px;margin-top: 27px;margin-bottom: 0px;" class="ft169">Artikel 44</P>
<P style="text-align: left;padding-left: 275px;margin-top: 13px;margin-bottom: 0px;" class="ft171">Krav på offentliggörande</P>
<P class="p1411 ft169">Medlemsstaterna ska säkerställa att de behöriga myndigheterna har befogenhet att</P>
<P style="text-align: justify;padding-left: 120px;padding-right: 81px;margin-top: 6px;margin-bottom: 0px;text-indent: -12px;" class="ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">kräva att värdepappersföretag som inte uppfyller villkoren för att anses vara små och </SPAN><NOBR>icke-sammanlänkade</NOBR> värdepappersföretag i artikel 12.1 i förordning (EU) 2019/2033 och värdepappersföretag som avses i artikel 46.2 i förordning (EU) 2019/2033 offentliggör den information som avses i artikel 46 i den förordningen mer än en gång per år och fastställer tidsfrister för detta offentliggörande,</P>
<P class="p1517 ft164"><SPAN class="ft174">b)</SPAN><SPAN class="ft193">kräva att värdepappersföretag som inte uppfyller villkoren för att anses vara små och </SPAN><NOBR>icke-sammanlänkade</NOBR> värdepappersföretag i artikel 12.1 i förordning (EU) 2019/2033 och värdepappersföretag som avses i artikel 46.2 i förordning (EU) 2019/2033 använder specifika medier och platser, särskilt värdepappersföretagens webbplatser, för offentliggörande av annan information än årsredovisningen,</P>
<P class="p1517 ft164"><SPAN class="ft174">c)</SPAN><SPAN class="ft193">kräva att moderföretag årligen offentliggör, i fullständig form eller i form av hänvisningar till likvärdig information, en beskrivning av sin rättsliga struktur samt styrnings- och organisationsstruktur för värdepappersföretagskoncernen i enlighet med artikel 26.1 i detta direktiv och artikel 10 i direktiv 2014/65/EU.</SPAN></P>
<P class="p1430 ft169">Artikel 45</P>
<P style="text-align: left;padding-left: 266px;margin-top: 13px;margin-bottom: 0px;" class="ft171">Skyldighet att informera EBA</P>
<P class="p1248 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">De behöriga myndigheterna ska informera EBA om</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">sin översyns- och utvärderingsprocess enligt artikel 36,</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">den metod som används som grund för beslut enligt artiklarna 39, 40 och 41,</SPAN></P>
<P class="p1951 ft169"><SPAN class="ft164">c)</SPAN><SPAN class="ft190">nivån på administrativa sanktioner som fastställs av medlemsstaterna och som avses i artikel 18.</SPAN></P>
<P class="p1218 ft169">EBA ska översända den information som avses i denna punkt till Esma.</P>
<P class="p1317 ft166"><SPAN class="ft164">2.</SPAN><SPAN class="ft212">EBA ska, i samråd med Esma, bedöma de behöriga myndigheternas information i syfte att utveckla enhetlighet i översyns- och utvärderingsprocessen. För att fullgöra sin bedömning får EBA, efter samråd med Esma, begära att de behöriga myndigheterna lämnar ytterligare information på proportionell basis och i enlighet med artikel 35 i förordning (EU) nr 1093/2010.</SPAN></P>
<P class="p1218 ft169">EBA ska på sin webbplats offentliggöra den samlade information som avses i punkt 1 första stycket c.</P>
<P class="p1369 ft166">EBA ska rapportera till Europaparlamentet och rådet om graden av konvergens i medlemsstaternas tillämpning av detta kapitel. EBA ska vid behov genomföra inbördes utvärderingar i enlighet med artikel 30 i förordning (EU) nr 1093/2010. EBA ska underrätta Esma om sådana inbördes utvärderingar.</P>
<P class="p1216 ft166">EBA och Esma ska utfärda riktlinjer till de behöriga myndigheterna i enlighet med artikel 16 i förordning (EU) nr 1093/2010 respektive artikel 16 i förordning (EU) nr 1095/2010, beroende på vad som är tillämpligt, i syfte att, på ett sätt som är lämpligt med hänsyn till värdepappersföretagens storlek, struktur och interna organisation samt verksamhetens art, omfattning och komplexitet, ytterligare specificera de gemensamma förfarandena och metoderna för den översyns- och utvärderingsprocess som avses i punkt 1 och för bedömningen av den riskhantering som avses i artikel 29 i detta direktiv.</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/98</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1444 ft164">KAPITEL 3</P>
<P style="text-align: left;padding-left: 166px;margin-top: 12px;margin-bottom: 0px;" class="ft171">Tillsyn av värdepappersföretagskoncerner</P>
<P style="text-align: left;padding-left: 223px;margin-top: 26px;margin-bottom: 0px;" class="ft169">avsnitt 1</P>
<P style="text-align: left;padding-left: 51px;margin-top: 10px;margin-bottom: 0px;" class="ft171">g ruppbaserad tillsyn av värdepappersföretagskoncerner och tillsyn för kontroll av</P>
<P style="text-align: left;padding-left: 136px;margin-top: 0px;margin-bottom: 0px;" class="ft171">uppfyllandet av villkoren i gruppkapitaltestet</P>
<P class="p1417 ft169">Artikel 46</P>
<P style="text-align: left;padding-left: 161px;margin-top: 9px;margin-bottom: 0px;" class="ft171">Fastställande av grupptillsynsmyndigheten</P>
<P class="p1326 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft175">Om en värdepappersföretagskoncern leds av ett modervärdepappersföretag inom unionen ska medlemsstaterna säkerställa att den gruppbaserade tillsynen eller tillsynen för kontroll av uppfyllandet av villkoren i gruppkapitaltestet utövas av den behöriga myndigheten för detta modervärdepappersföretag inom unionen.</SPAN></P>
<P class="p1421 ft166"><SPAN class="ft164">2.</SPAN><SPAN class="ft212">Om moderföretaget till ett värdepappersföretag är ett värdepappersinriktat moderholdingföretag inom unionen eller ett blandat finansiellt moderholdingföretag inom unionen ska medlemsstaterna säkerställa att den gruppbaserade tillsynen eller tillsynen för kontroll av uppfyllandet av villkoren i gruppkapitaltestet utövas av den behöriga myndigheten för detta värdepappersföretag.</SPAN></P>
<P class="p1468 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Om två eller flera värdepappersföretag som är auktoriserade i två eller flera medlemsstater har samma värdepappers inriktade moderholdingföretag inom unionen eller samma blandade finansiella moderholdingföretag inom unionen, ska medlemsstaterna säkerställa att den gruppbaserade tillsynen eller tillsynen för kontroll av uppfyllandet av villkoren i gruppkapitaltestet utövas av den behöriga myndigheten för det värdepappersföretag som är auktoriserat i den medlemsstat där det värdepappersinriktade holdingföretaget eller det blandade finansiella holdingföretaget är etablerat.</SPAN></P>
<P class="p1326 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">Om moderföretagen till två eller flera värdepappersföretag som är auktoriserade i två eller flera medlemsstater omfattar mer än ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag med huvudkontor i olika medlemsstater och det finns ett värdepappersföretag i var och en av dessa medlemsstater, ska medlemsstaterna säkerställa att den gruppbaserade tillsynen eller tillsynen för kontroll av uppfyllandet av villkoren i gruppkapitaltestet utövas av den behöriga myndigheten för det värdepappersföretag som har den största totala balansomslutningen.</SPAN></P>
<P class="p1377 ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft175">Om två eller flera värdepappersföretag som är auktoriserade i unionen har samma värdepappersinriktade holdingföretag inom unionen eller samma blandade finansiella holdingföretag inom unionen som moderföretag och inget av dessa värdepappersföretag har auktoriserats i den medlemsstat där det värdepappersinriktade holdingföretaget inom unionen eller det blandade finansiella holdingföretaget inom unionen etablerades, ska medlemsstaterna säkerställa att den gruppbaserade tillsynen eller tillsynen för kontroll av uppfyllandet av villkoren i gruppkapitaltestet utövas av den behöriga myndigheten för det värdepappersföretag som har den största totala balansomslutningen.</SPAN></P>
<P class="p1326 ft164"><SPAN class="ft164">6.</SPAN><SPAN class="ft181">Behöriga myndigheter får i samförstånd bortse från de kriterier som avses i punkterna 3, 4 och 5 om tillämpning av dem skulle vara olämpligt för en effektiv gruppbaserad tillsyn eller tillsyn för kontroll av uppfyllandet av villkoren i gruppkapitaltestet, med beaktande av de berörda värdepappersföretagen och betydelsen av deras verksamhet i de relevanta medlemsstaterna, och i stället utse en annan behörig myndighet att utöva tillsyn på gruppnivå eller tillsyn för kontroll av uppfyllandet av villkoren i gruppkapitaltestet. I sådana fall ska de behöriga myndigheterna, innan de antar ett sådant beslut, ge det värdepappersinriktade moderholdingföretaget inom unionen eller det blandade finansiella moderholding företaget inom unionen eller det värdepappersföretag som har den största totala balansomslutningen, beroende på vad som är tillämpligt, tillfälle att yttra sig om det planerade beslutet. De behöriga myndigheterna ska underrätta kommissionen och EBA om sådana beslut.</SPAN></P>
<P style="text-align: left;padding-left: 225px;margin-top: 32px;margin-bottom: 0px;" class="ft169">Artikel 47</P>
<P style="text-align: left;padding-left: 177px;margin-top: 9px;margin-bottom: 0px;" class="ft171">Informationskrav i krissituationer</P>
<P class="p1326 ft164">Om det uppstår en krissituation, inbegripet en sådan situation som beskrivs i artikel 18 i förordning (EU) nr 1093/2010 eller en situation med negativ utveckling på marknaderna, som kan äventyra likviditeten på marknaderna och stabiliteten i det finansiella systemet i någon av de medlemsstater där enheter i en värdepappersföretagskoncern har auktoriserats, ska den grupptillsynsmyndighet som har fastställts enligt artikel 46 i detta direktiv, om inget annat föreskrivs i denna avdelning kapitel 1 avsnitt 2, snarast möjligt underrätta EBA, ESRB och alla berörda behöriga myndigheter och lämna all information som är avgörande för att de ska kunna fullgöra sina uppgifter.</P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
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<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td411"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td140"><P class="p18 ft164">L 314/99</P></TD>
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<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td412"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td260"><P class="p18 ft167"> </P></TD>
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<P class="p1564 ft169">Artikel 48</P>
<P style="text-align: left;padding-left: 291px;margin-top: 16px;margin-bottom: 0px;" class="ft171">Tillsynskollegier</P>
<P class="p1407 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft175">Medlemsstaterna ska säkerställa att den grupptillsynsmyndighet som fastställts enligt artikel 46 i detta direktiv om så är lämpligt får inrätta tillsynskollegier för att underlätta utförandet av de uppgifter som avses i denna artikel samt säkerställa att samordning och samarbete vid behov sker med relevanta tillsynsmyndigheter i tredjeländer, särskilt när detta behövs vid tillämpning av artikel 23.1 första stycket c och 23.2 i förordning (EU) 2019/2033 i syfte att med tillsynsmyndigheterna för de kvalificerade centrala motparterna utbyta och uppdatera relevant information om den modell som används för beräkningen av kravet på marginalsäkerhet.</SPAN></P>
<P style="text-align: left;padding-left: 108px;padding-right: 86px;margin-top: 16px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">Tillsynskollegierna ska tillhandahålla ett regelverk för grupptillsynsmyndigheten, EBA och övriga behöriga myndigheter för utförandet av följande uppgifter:</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">De uppgifter som avses i artikel 47.</SPAN></P>
<P class="p1459 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Samordning av förfrågningar om uppgifter om detta är nödvändigt för att underlätta den gruppbaserade tillsynen, i enlighet med artikel 7 i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1551 ft164"><SPAN class="ft174">c)</SPAN><SPAN class="ft193">Samordning av förfrågningar om uppgifter i fall då flera behöriga myndigheter för värdepappersföretag som ingår i samma koncern behöver begära information om den modell och de parametrar som används för beräkningen av kravet på marginalsäkerhet för de relevanta värdepappersföretagen, antingen från den behöriga myndigheten i en clearingmedlems hemmedlemsstat eller från den behöriga myndigheten för den kvalificerade centrala motparten.</SPAN></P>
<P class="p2033 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Utbyte av information mellan alla behöriga myndigheter och med EBA i enlighet med artikel 21 i förordning (EU) nr 1093/2010 och med Esma i enlighet med artikel 21 i förordning (EU) nr 1095/2010.</SPAN></P>
<P class="p1457 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Ingående av en överenskommelse om frivillig delegering mellan behöriga myndigheter av uppgifter och ansvarsområden, där så är lämpligt.</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">f)</SPAN><SPAN class="ft211">Effektivisering av tillsynen genom undvikande av onödiga överlappande tillsynskrav.</SPAN></P>
<P class="p1315 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Om så är lämpligt får tillsynskollegier även inrättas om dotterföretag i en värdepappersföretagskoncern som leds av ett värdepappersföretag inom unionen, ett värdepappersinriktat moderholdingföretag inom unionen eller ett blandat finansiellt moderholdingföretag inom unionen är belägna i ett tredjeland.</SPAN></P>
<P class="p2018 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft189">EBA ska delta i tillsynskollegiernas sammanträden i enlighet med artikel 21 i förordning (EU) nr 1093/2010.</SPAN></P>
<P class="p1242 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft189">Följande myndigheter ska vara medlemmar i tillsynskollegiet:</SPAN></P>
<P style="text-align: justify;padding-left: 120px;padding-right: 81px;margin-top: 6px;margin-bottom: 0px;text-indent: -12px;" class="ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">De behöriga myndigheter som ansvarar för tillsynen av dotterföretag i en värdepappersföretagskoncern som leds av ett värdepappersföretag inom unionen, ett värdepappersinriktat moderholdingföretag inom unionen eller ett blandat finansiellt moderholdingföretag inom unionen.</SPAN></P>
<P class="p2033 ft164"><SPAN class="ft174">b)</SPAN><SPAN class="ft193">I lämpliga fall, tredjeländers tillsynsmyndigheter, förutsatt att det finns krav på konfidentialitet som samtliga behöriga myndigheter anser vara likvärdiga med kraven i kapitel I avsnitt 2 i denna avdelning.</SPAN></P>
<P class="p2005 ft164"><SPAN class="ft164">6.</SPAN><SPAN class="ft175">Den grupptillsynsmyndighet som fastställts enligt artikel 46 ska vara ordförande vid tillsynskollegiets sammanträden och anta beslut. Grupptillsynsmyndigheten ska hålla alla medlemmar av tillsynskollegiet fullt informerade i förväg om att sådana sammanträden anordnas, om de huvudfrågor som ska diskuteras och om den verksamhet som ska tas upp. Grupptillsynsmyndigheten ska även i god tid ge alla ledamöter av tillsynskollegiet fullständig information om de beslut som antagits vid dessa sammanträden eller om de åtgärder som vidtagits.</SPAN></P>
<P style="text-align: left;padding-left: 108px;padding-right: 86px;margin-top: 16px;margin-bottom: 0px;" class="ft169">När grupptillsynsmyndigheten antar beslut ska den ta hänsyn till relevansen hos den tillsynsverksamhet som ska planeras eller samordnas av de myndigheter som avses i punkt 5.</P>
<P class="p1411 ft169">Tillsynskollegiernas inrättande och funktion ska formaliseras genom skriftliga arrangemang.</P>
<P class="p1410 ft169"><SPAN class="ft164">7.</SPAN><SPAN class="ft195">Vid oenighet om ett beslut som antagits av grupptillsynsmyndigheten om tillsynskollegiernas funktion kan vilken som helst av de berörda behöriga myndigheterna hänskjuta ärendet till EBA och begära EBA:s bistånd i enlighet med artikel 19 i förordning (EU) nr 1093/2010.</SPAN></P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/100</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P class="p1358 ft169">EBA får också i enlighet med artikel 19.1 andra stycket i förordning (EU) nr 1093/2010 på eget initiativ bistå de behöriga myndigheterna vid oenighet om tillsynskollegiernas funktion enligt den här artikeln.</P>
<P class="p1381 ft169"><SPAN class="ft164">8.</SPAN><SPAN class="ft189">EBA ska i samråd med Esma utarbeta ett förslag till tekniska tillsynsstandarder för att närmare fastställa villkoren för tillsynskollegiernas fullgörande av de uppgifter som avses i punkt 1.</SPAN></P>
<P class="p1196 ft169">EBA ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 juni 2021.</P>
<P class="p1321 ft164">Kommissionen ges befogenhet att komplettera detta direktiv genom att anta de tekniska tillsynsstandarder som avses i första stycket i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
<P class="p1592 ft169">Artikel 49</P>
<P style="text-align: left;padding-left: 214px;margin-top: 15px;margin-bottom: 0px;" class="ft171">Samarbetskrav</P>
<P class="p1597 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Medlemsstaterna ska säkerställa att den grupptillsynsmyndighet och de behöriga myndigheter som avses i artikel 48.5 förser varandra med alla relevanta upplysningar som krävs, däribland följande:</SPAN></P>
<P class="p1541 ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">Angivande av värdepappersföretagskoncernens rättsliga struktur och styrningsstruktur, inbegripet organisations struktur, som ska omfatta alla reglerade enheter, oreglerade enheter, oreglerade dotterföretag och moderföretagen samt identifiering av de behöriga myndigheterna för de reglerade enheterna i värdepappersföretagskoncernen.</SPAN></P>
<P style="text-align: left;padding-left: 39px;padding-right: 108px;margin-top: 9px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Förfaranden för att inhämta upplysningar från de värdepappersföretag som ingår i en värdepappersföretagskoncern samt för kontroll av dessa upplysningar.</SPAN></P>
<P class="p1397 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Negativ utveckling i värdepappersföretag eller andra enheter i en värdepappersföretagskoncern som kan få allvarliga följder för värdepappersföretagen.</SPAN></P>
<P class="p1397 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Varje betydande sanktion och extraordinär åtgärd som de behöriga myndigheterna genomför i enlighet med de nationella bestämmelser som införlivar detta direktiv.</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Införandet av ett särskilt kapitalbaskrav enligt artikel 39 i detta direktiv.</SPAN></P>
<P class="p1498 ft166"><SPAN class="ft164">2.</SPAN><SPAN class="ft212">Om relevanta upplysningar inte har lämnats enligt punkt 1 utan onödigt dröjsmål eller om en begäran om samarbete, särskilt när det gäller utbyte av relevant information, har avslagits eller inte har lett till åtgärder inom rimlig tid, får behöriga myndigheter och grupptillsynsmyndigheten hänskjuta ärendet till EBA i enlighet med artikel 19.1 i förordning (EU) nr 1093/2010.</SPAN></P>
<P class="p1376 ft169">EBA får i enlighet med artikel 19.1 andra stycket i förordning (EU) nr 1093/2010 och på eget initiativ bistå behöriga myndigheter i utvecklingen av en enhetlig samarbetspraxis.</P>
<P style="text-align: left;padding-left: 27px;padding-right: 103px;margin-top: 12px;margin-bottom: 0px;" class="ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft181">Medlemsstaterna ska säkerställa att de behöriga myndigheterna, innan de fattar ett beslut som kan ha betydelse för andra behöriga myndigheters tillsynsuppgifter, samråder med varandra om följande frågor:</SPAN></P>
<P style="text-align: left;padding-left: 39px;padding-right: 103px;margin-top: 9px;margin-bottom: 0px;text-indent: -12px;" class="ft164"><SPAN class="ft174">a)</SPAN><SPAN class="ft193">Sådana förändringar av </SPAN><NOBR>ägar-,</NOBR> organisations- eller ledningsstrukturen i värdepappersföretag i värdepappersföretag skoncernen som kräver de behöriga myndigheternas godkännande eller tillstånd.</P>
<P style="text-align: left;padding-left: 39px;padding-right: 108px;margin-top: 9px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Betydande sanktioner som behöriga myndigheter har ålagt värdepappersföretag eller varje annan extraordinär åtgärd som dessa myndigheter har vidtagit.</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Särskilda kapitalbaskrav som har införts i enlighet med artikel 39.</SPAN></P>
<P class="p1382 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft189">Samråd ska ske med grupptillsynsmyndigheten om behöriga myndigheter har för avsikt att besluta om sådana betydande sanktioner eller andra extraordinära åtgärder som avses i punkt 3 b.</SPAN></P>
<P class="p1329 ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft181">Genom undantag från punkt 3 behöver en behörig myndighet inte samråda med andra behöriga myndigheter i brådskande fall eller om ett sådant samråd kan äventyra dess besluts ändamålsenlighet; i sådana fall ska den behöriga myndigheten utan dröjsmål underrätta övriga berörda behöriga myndigheter om beslutet att inte samråda med dem.</SPAN></P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr8"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td75"><P class="p18 ft164">L 314/101</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
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<TD class="tr46 td278"><P class="p18 ft167"> </P></TD>
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<P class="p1564 ft169">Artikel 50</P>
<P style="text-align: left;padding-left: 207px;margin-top: 13px;margin-bottom: 0px;" class="ft171">Kontroll av uppgifter rörande enheter i andra medlemsstater</P>
<P style="text-align: justify;padding-left: 107px;padding-right: 81px;margin-top: 12px;margin-bottom: 0px;text-indent: 1px;" class="ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Om en behörig myndighet i en medlemsstat behöver kontrollera uppgifter om värdepappersföretag, värdepappers inriktade holdingföretag, blandade finansiella holdingföretag, finansiella institut, anknutna företag, holdingföretag med blandad verksamhet eller dotterföretag som är belägna i en annan medlemsstat, inbegripet dotterföretag som är försäkringsföretag, och framställer en begäran i detta syfte, ska medlemsstaterna säkerställa att de relevanta behöriga myndigheterna i den andra medlemsstaten utför denna kontroll i enlighet med punkt 2.</SPAN></P>
<P style="text-align: left;padding-left: 107px;margin-top: 14px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Behöriga myndigheter som har mottagit en begäran enligt punkt 1 ska göra något av följande:</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Utföra kontrollen själva inom ramen för sina befogenheter.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Tillåta att de behöriga myndigheter som begärt kontrollen utför den.</SPAN></P>
<P class="p1385 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Begära att en revisor eller expert utför kontrollen på ett opartiskt sätt och omedelbart rapporterar resultaten.</SPAN></P>
<P class="p1218 ft169">Vid tillämpning av punkterna a och c ska de behöriga myndigheter som framställde begäran tillåtas delta i kontrollen.</P>
<P style="text-align: left;padding-left: 303px;margin-top: 33px;margin-bottom: 0px;" class="ft169">Avsnitt 2</P>
<P style="text-align: left;padding-left: 140px;margin-top: 8px;margin-bottom: 0px;" class="ft171">Värdepappersinriktade holdingföretag, blandade f inansiella holdingföretag och</P>
<P style="text-align: left;padding-left: 230px;margin-top: 1px;margin-bottom: 0px;" class="ft171">holdingföretag med blandad verksamhet</P>
<P class="p1430 ft169">Artikel 51</P>
<P style="text-align: left;padding-left: 130px;margin-top: 12px;margin-bottom: 0px;" class="ft171">Inkludering av holdingföretag i tillsynen för kontroll av uppfyllandet av villkoren i gruppkapitaltestet</P>
<P style="text-align: justify;padding-left: 107px;padding-right: 86px;margin-top: 13px;margin-bottom: 0px;" class="ft169">Medlemsstaterna ska säkerställa att värdepappersinriktade holdingföretag och blandade finansiella holdingföretag inkluderas i tillsynen för kontroll av uppfyllandet av villkoren i gruppkapitaltestet.</P>
<P style="text-align: left;padding-left: 305px;margin-top: 25px;margin-bottom: 0px;" class="ft169">Artikel 52</P>
<P style="text-align: left;padding-left: 272px;margin-top: 13px;margin-bottom: 0px;" class="ft171">Ledningens kvalifikationer</P>
<P class="p1458 ft166">Medlemsstaterna ska kräva att medlemmarna i ledningsorganet i ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag har tillräckligt god vandel och tillräckliga kunskaper, färdigheter och erfarenheter för att effektivt kunna fullgöra sina plikter, med beaktande av det värdepappersinriktade holdingföretagets eller det blandade finansiella holdingföretagets särskilda roll.</P>
<P style="text-align: left;padding-left: 305px;margin-top: 28px;margin-bottom: 0px;" class="ft169">Artikel 53</P>
<P style="text-align: left;padding-left: 245px;margin-top: 12px;margin-bottom: 0px;" class="ft171">Holdingföretag med blandad verksamhet</P>
<P style="text-align: left;padding-left: 108px;padding-right: 81px;margin-top: 13px;margin-bottom: 0px;text-indent: -1px;" class="ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft175">Om moderföretaget till ett värdepappersföretag är ett holdingföretag med blandad verksamhet ska medlemsstaterna föreskriva att de behöriga myndigheter som ansvarar för tillsynen över värdepappersföretaget får</SPAN></P>
<P class="p1459 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">kräva att holdingföretaget med blandad verksamhet ska förse dem med all information som kan vara av betydelse för tillsynen av värdepappersföretaget,</SPAN></P>
<P class="p1308 ft166"><SPAN class="ft174">b)</SPAN><SPAN class="ft192">utöva tillsyn över transaktioner mellan värdepappersföretaget och holdingföretaget med blandad verksamhet och det senares dotterföretag samt kräva att värdepappersföretaget ska ha adekvata processer för riskhantering och rutiner för intern kontroll, inbegripet sunda rapporterings- och redovisningsförfaranden, för att identifiera, mäta, övervaka och kontrollera dessa transaktioner.</SPAN></P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/102</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P style="text-align: justify;padding-left: 27px;padding-right: 108px;margin-top: 21px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft189">Medlemsstaterna ska föreskriva att deras behöriga myndigheter, antingen själva eller genom externa inspektörer, får företa inspektioner på plats för att kontrollera de uppgifter som lämnats av holdingföretag med blandad verksamhet och deras dotterföretag.</SPAN></P>
<P style="text-align: left;padding-left: 225px;margin-top: 16px;margin-bottom: 0px;" class="ft169">Artikel 54</P>
<P style="text-align: left;padding-left: 221px;margin-top: 9px;margin-bottom: 0px;" class="ft171">Sanktioner</P>
<P class="p1425 ft166">I enlighet med kapitel 2 avsnitt 3 i den här avdelningen ska medlemsstaterna säkerställa att administrativa sanktioner eller andra administrativa åtgärder som syftar till att stoppa eller begränsa överträdelser av bestämmelser i lagar eller andra författningar som införlivar detta direktiv eller åtgärda orsakerna till sådana överträdelser kan vidtas mot värdepappers inriktade holdingföretag, blandade finansiella holdingföretag och holdingföretag med blandad verksamhet eller mot deras ledning.</P>
<P class="p1417 ft169">Artikel 55</P>
<P style="text-align: left;padding-left: 125px;margin-top: 9px;margin-bottom: 0px;" class="ft171">Bedömning av tredjeländers tillsyn och andra tillsynsmetoder</P>
<P class="p1442 ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Om två eller flera värdepappersföretag vars gemensamma moderföretag har sitt huvudkontor i ett tredjeland inte är föremål för en effektiv tillsyn på gruppnivå ska medlemsstaterna säkerställa att den behöriga myndigheten bedömer huruvida värdepappersföretagen är föremål för tillsyn av tillsynsmyndigheten i tredjelandet som är likvärdig med den tillsyn som anges i detta direktiv och i del ett i förordning (EU) 2019/2033.</SPAN></P>
<P class="p1326 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft181">Om den bedömning som avses i punkt 1 i denna artikel visar att det inte finns någon likvärdig tillsyn ska medlemsstaterna tillåta lämpliga tillsynsmetoder som uppnår tillsynsmålen enligt artikel 7 eller 8 i förordning (EU) 2019/2033. Efter samråd med övriga involverade behöriga myndigheter ska beslut om dessa tillsynsmetoder fattas av den behöriga myndighet som skulle ha varit grupptillsynsmyndighet om moderföretaget varit etablerat i unionen. Varje åtgärd som vidtas enligt denna punkt ska meddelas övriga involverade behöriga myndigheter, EBA och kommissionen.</SPAN></P>
<P style="text-align: justify;padding-left: 27px;padding-right: 108px;margin-top: 7px;margin-bottom: 0px;" class="ft166"><SPAN class="ft164">3.</SPAN><SPAN class="ft194">Den behöriga myndighet som skulle ha varit grupptillsynsmyndighet om moderföretaget varit etablerat i unionen får särskilt kräva etablering av ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag i unionen samt tillämpa artikel 7 eller 8 i förordning (EU) 2019/2033 på detta värdepappersinriktade holdingföretag eller blandade finansiella holdingföretag.</SPAN></P>
<P style="text-align: left;padding-left: 225px;margin-top: 20px;margin-bottom: 0px;" class="ft169">Artikel 56</P>
<P style="text-align: left;padding-left: 147px;margin-top: 9px;margin-bottom: 0px;" class="ft171">Samarbete med tillsynsmyndigheter i tredjeländer</P>
<P class="p1419 ft169">Kommissionen får på begäran av en medlemsstat eller på eget initiativ lägga fram rekommendationer till rådet om att inleda förhandlingar om avtal med ett eller flera tredjeländer om möjligheterna att utöva tillsyn för kontroll av att följande värdepappersföretag uppfyller villkoren i gruppkapitaltestet:</P>
<P class="p41 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Värdepappersföretag vars moderföretag har huvudkontor i ett tredjeland.</SPAN></P>
<P class="p1470 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Värdepappersföretag belägna i tredjeland vars moderföretag har huvudkontor inom unionen.</SPAN></P>
<P style="text-align: left;padding-left: 218px;margin-top: 25px;margin-bottom: 0px;" class="ft164">AVDELNING V</P>
<P style="text-align: left;padding-left: 133px;margin-top: 13px;margin-bottom: 0px;" class="ft172">OFFENTLIGGÖRANDE AV DE BEHÖRIGA MYNDIGHETERNA</P>
<P class="p1417 ft169">Artikel 57</P>
<P style="text-align: left;padding-left: 195px;margin-top: 9px;margin-bottom: 0px;" class="ft171">Krav på offentliggörande</P>
<P class="p1287 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Behöriga myndigheter ska offentliggöra alla följande upplysningar:</SPAN></P>
<P class="p1328 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Texterna till de lagar och andra författningar samt den allmänna vägledning som antas i deras medlemsstater enligt detta direktiv.</SPAN></P>
<P class="p1293 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Hur de alternativ och det handlingsutrymme som ges genom detta direktiv och förordning (EU) 2019/2033 har utnyttjats.</SPAN></P>
</DIV>
<DIV style="border:none;margin: 19px 0px 0px 2px;padding: 0px;border:none;width: 563px;overflow: hidden;">
<P class="p14 ft2">432</P>
</DIV>
</DIV>
<DIV id="page_433" style="position:relative; overflow: hidden;margin: 49px 0px 82px 0px;padding: 0px;border: none;width: 624px;">
<DIV style="position:absolute;top:48px;left:148px;z-index:-1;width:25px;height:12px;font-size: 1px;line-height:nHeight;">
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<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 624px;overflow: hidden;">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr8"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td75"><P class="p18 ft164">L 314/103</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD style="border-bottom: #000000 1px solid;padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr46"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td278"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1301 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">De allmänna kriterier och metoder som de använder för den översyn och utvärdering som avses i artikel 36 i detta direktiv.</SPAN></P>
<P class="p1307 ft166"><SPAN class="ft174">d)</SPAN><SPAN class="ft192">Aggregerade statistiska data om centrala aspekter av genomförandet av detta direktiv och förordning (EU) 2019/2033 i deras medlemsstat, inbegripet hur många och vilken typ av tillsynsåtgärder som har vidtagits i enlighet med artikel 39.2 a i detta direktiv och hur många och vilken typ av administrativa sanktioner som har vidtagits i enlighet med artikel 18 i detta direktiv.</SPAN></P>
<P class="p1410 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">De upplysningar som offentliggörs i enlighet med punkt 1 ska vara tillräckligt omfattande och exakta för att göra det möjligt att på ett meningsfullt sätt jämföra hur de behöriga myndigheterna i de olika medlemsstaterna tillämpar punkt 1 b, c och d.</SPAN></P>
<P class="p1933 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Upplysningarna ska offentliggöras i ett gemensamt format och uppdateras regelbundet. De ska vara tillgängliga på en och samma webbplats.</SPAN></P>
<P class="p1569 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">EBA ska i samråd med Esma utarbeta ett förslag till tekniska genomförandestandarder i syfte att fastställa format, struktur, innehållsförteckningar och årligt datum för offentliggörande för upplysningarna i punkt 1.</SPAN></P>
<P style="text-align: left;padding-left: 108px;padding-right: 86px;margin-top: 16px;margin-bottom: 0px;" class="ft169">Kommissionen ges befogenhet att anta de tekniska genomförandestandarder som avses i första stycket i enlighet med artikel 15 i förordning (EU) nr 1093/2010.</P>
<P class="p1406 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft195">EBA ska överlämna det förslag till tekniska genomförandestandarder som avses i punkt 4 till kommissionen senast den 26 juni 2021.</SPAN></P>
<P style="text-align: left;padding-left: 298px;margin-top: 40px;margin-bottom: 0px;" class="ft164">AVDELNING VI</P>
<P class="p1528 ft172">DELEGERADE AKTER</P>
<P class="p2006 ft169">Artikel 58</P>
<P style="text-align: left;padding-left: 273px;margin-top: 16px;margin-bottom: 0px;" class="ft171">Utövande av delegeringen</P>
<P class="p2018 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Befogenheten att anta delegerade akter ges till kommissionen med förbehåll för de villkor som anges i denna artikel.</SPAN></P>
<P class="p1306 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">Den befogenhet att anta delegerade akter som avses i artiklarna 3.2, 29.4 och 36.4 ska ges till kommissionen för en period på fem år från och med den 25 december 2019.</SPAN></P>
<P class="p1416 ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Den delegering av befogenhet som avses i artiklarna 3.2, 29.4 och 36.4 får när som helst återkallas av Europapar lamentet eller rådet. Ett beslut om återkallelse innebär att delegeringen av den befogenhet som anges i beslutet upphör att gälla. Beslutet får verkan dagen efter det att det offentliggörs i Europeiska unionens officiella tidning, eller vid ett senare i beslutet angivet datum. Det påverkar inte giltigheten av delegerade akter som redan har trätt i kraft.</SPAN></P>
<P class="p2004 ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">Innan kommissionen antar en delegerad akt ska den samråda med experter som utsetts av varje medlemsstat i enlighet med principerna i det interinstitutionella avtalet av den 13 april 2016 om bättre lagstiftning.</SPAN></P>
<P class="p2018 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft189">Så snart kommissionen antar en delegerad akt ska den samtidigt delge Europaparlamentet och rådet denna.</SPAN></P>
<P class="p1217 ft166"><SPAN class="ft164">6.</SPAN><SPAN class="ft212">En delegerad akt som antas enligt artiklarna 3.2, 29.4 och 36.4 ska träda i kraft endast om varken Europaparlamentet eller rådet har gjort invändningar mot den delegerade akten inom en period på två månader från den dag då akten delgavs Europaparlamentet och rådet, eller om både Europaparlamentet och rådet, före utgången av den perioden, har underrättat kommissionen om att de inte kommer att invända. Denna period ska förlängas med två månader på Europaparlamentets eller rådets initiativ.</SPAN></P>
</DIV>
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<P class="p14 ft2">433</P>
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</DIV>
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 565px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/104</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 216px;margin-top: 22px;margin-bottom: 0px;" class="ft164">AVDELNING VII</P>
<P style="text-align: left;padding-left: 178px;margin-top: 13px;margin-bottom: 0px;" class="ft172">ÄNDRINGAR AV ANDRA DIREKTIV</P>
<P class="p1465 ft169">Artikel 59</P>
<P style="text-align: left;padding-left: 181px;margin-top: 12px;margin-bottom: 0px;" class="ft171">Ändring av direktiv 2002/87/EG</P>
<P class="p1142 ft169">Artikel 2.7 i direktiv 2002/87/EG ska ersättas med följande:</P>
<P style="text-align: justify;padding-left: 56px;padding-right: 103px;margin-top: 5px;margin-bottom: 0px;text-indent: -14px;" class="ft164">”7. särregler: unionsrättsakter som rör tillsynen över reglerade enheter, särskilt Europaparlamentets och rådets förordningar (EU) nr 575/2013 (*) och (EU) 2019/2033 (**) samt Europaparlamentets och rådets direktiv 2009/138/EG, 2013/36/EU (***), 2014/65/EU (****) och (EU) 2019/2034 (*****).</P>
<P class="p1629 ft166">_____________</P>
<P style="text-align: justify;padding-left: 73px;padding-right: 103px;margin-top: 1px;margin-bottom: 0px;text-indent: -32px;" class="ft164"><SPAN class="ft174">(*)</SPAN><SPAN style="font: 8px 'Arial';margin-left: 24px;line-height: 10px;">Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och värdepappersföretag och om ändring av förordning (EU) nr 648/2012 (EUT L 176,</SPAN></P>
<P style="text-align: left;padding-left: 73px;margin-top: 0px;margin-bottom: 0px;" class="ft188">27.6.2013, s. 1).</P>
<P class="p1630 ft188"><SPAN class="ft174">(**)</SPAN><SPAN style="font: 9px 'Arial';margin-left: 21px;line-height: 10px;">Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för</SPAN></P>
<P style="text-align: left;padding-left: 73px;padding-right: 108px;margin-top: 0px;margin-bottom: 0px;" class="ft188">värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014 (EUT L 314, 5.12.2019, s. 1).</P>
<P style="text-align: justify;padding-left: 72px;padding-right: 103px;margin-top: 0px;margin-bottom: 0px;text-indent: -31px;" class="ft164"><SPAN class="ft164">(***)</SPAN><SPAN style="font: 8px 'Arial';margin-left: 16px;line-height: 10px;">Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut och värdepappersföretag, om ändring av direktiv 2002/87/EG</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 style="width: 416px;margin-left: 41px;font: 8px 'Arial';">
<TR>
<TD class="tr45 td113"><P class="p18 ft178"> </P></TD>
<TD class="tr45 td338"><P class="p32 ft164">och om upphävande av direktiv 2006/48/EG och 2006/49/EG (EUT L 176, 27.6.2013, s. 338).</P></TD>
</TR>
<TR>
<TD class="tr45 td113"><P class="p18 ft188">(****)</P></TD>
<TD class="tr45 td338"><P class="p32 ft164">Europaparlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella</P></TD>
</TR>
<TR>
<TD class="tr45 td113"><P class="p18 ft178"> </P></TD>
<TD class="tr45 td338"><P class="p32 ft164">instrument och om ändring av direktiv 2002/92/EG och av direktiv 2011/61/EU (EGT L 173, 12.6.2014,</P></TD>
</TR>
<TR>
<TD class="tr45 td113"><P class="p18 ft178"> </P></TD>
<TD class="tr45 td338"><P class="p32 ft188">s. 349).</P></TD>
</TR>
<TR>
<TD class="tr45 td113"><P class="p18 ft188">(*****)</P></TD>
<TD class="tr45 td338"><P class="p43 ft164">Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsynskrav för</P></TD>
</TR>
<TR>
<TD class="tr45 td113"><P class="p18 ft178"> </P></TD>
<TD class="tr45 td338"><P class="p43 ft164">värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU och</P></TD>
</TR>
<TR>
<TD class="tr37 td113"><P class="p18 ft178"> </P></TD>
<TD class="tr37 td338"><P class="p43 ft166">2014/59/EU och 2014/65/EU (EUT L 314, 5.12.2019, s. 64).”</P></TD>
</TR>
<TR>
<TD style="height: 39px;" class="td113"><P class="p18 ft178"> </P></TD>
<TD style="height: 39px;" class="td338"><P style="text-align: left;padding-left: 158px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft169">Artikel 60</P></TD>
</TR>
<TR>
<TD class="tr1 td113"><P class="p18 ft178"> </P></TD>
<TD class="tr1 td338"><P class="p36 ft171">Ändring av direktiv 2009/65/EG</P></TD>
</TR>
</TABLE>
<P class="p1196 ft169">I artikel 7.1 a i direktiv 2009/65/EG ska led iii ersättas med följande:</P>
<P style="text-align: justify;padding-left: 58px;padding-right: 103px;margin-top: 5px;margin-bottom: 0px;text-indent: -16px;" class="ft164">”iii) Oberoende av beloppen för dessa krav får förvaltningsbolagets kapitalbas aldrig understiga det belopp som föreskrivs i artikel 13 i Europaparlamentets och rådets förordning (EU) 2019/2033 (*).</P>
<P class="p1629 ft166">_____________</P>
<P style="text-align: justify;padding-left: 57px;padding-right: 108px;margin-top: 1px;margin-bottom: 0px;text-indent: -16px;" class="ft169">(*) Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014 (EUT L 314, 5.12.2019, s. 1).”</P>
<P class="p1544 ft169">Artikel 61</P>
<P style="text-align: left;padding-left: 181px;margin-top: 12px;margin-bottom: 0px;" class="ft171">Ändring av direktiv 2011/61/EU</P>
<P class="p1142 ft169">Artikel 9.5 i direktiv 2011/61/EU ska ersättas med följande:</P>
<P style="text-align: justify;padding-left: 41px;padding-right: 108px;margin-top: 11px;margin-bottom: 0px;" class="ft169">”5. Oberoende av punkt 3 får en <NOBR>AIF-förvaltares</NOBR> kapitalbas aldrig vara lägre än det belopp som krävs enligt artikel 13 i Europaparlamentets och rådets förordning (EU) 2019/2033 (*).</P>
<P style="text-align: left;padding-left: 41px;margin-top: 4px;margin-bottom: 0px;" class="ft166">_____________</P>
<P style="text-align: justify;padding-left: 57px;padding-right: 108px;margin-top: 1px;margin-bottom: 0px;text-indent: -16px;" class="ft169">(*) Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014 (EUT L 314, 5.12.2019, s. 1).”</P>
</DIV>
<DIV style="border:none;margin: 17px 0px 0px 2px;padding: 0px;border:none;width: 563px;overflow: hidden;">
<P class="p14 ft2">434</P>
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<DIV style="position:absolute;top:48px;left:148px;z-index:-1;width:25px;height:12px;font-size: 1px;line-height:nHeight;">
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</DIV>
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 624px;overflow: hidden;">
<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr8"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td75"><P class="p18 ft164">L 314/105</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD style="border-bottom: #000000 1px solid;padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr46"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td278"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1564 ft169">Artikel 62</P>
<P style="text-align: left;padding-left: 258px;margin-top: 10px;margin-bottom: 0px;" class="ft171">Ändringar av direktiv 2013/36/EU</P>
<P class="p1586 ft169">Direktiv 2013/36/EU ska ändras på följande sätt:</P>
<P class="p1367 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft197">Titeln ska ersättas med följande:</SPAN></P>
<P style="text-align: justify;padding-left: 124px;padding-right: 86px;margin-top: 4px;margin-bottom: 0px;" class="ft169">”Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om upphävande av direktiven 2006/48/EG och 2006/49/EG”.</P>
<P style="text-align: left;padding-left: 124px;padding-right: 377px;margin-top: 0px;margin-bottom: 0px;text-indent: -17px;font: 9px 'Arial';line-height: 22px;"><SPAN class="ft164">2.</SPAN><SPAN style="font: 9px 'Arial';margin-left: 10px;line-height: 22px;">Artikel 1 ska ersättas med följande: ”Artikel 1</SPAN></P>
<P style="text-align: left;padding-left: 124px;margin-top: 6px;margin-bottom: 0px;" class="ft171">Syfte</P>
<P class="p1653 ft169">I detta direktiv fastställs regler för följande:</P>
<P style="text-align: left;padding-left: 124px;margin-top: 4px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft191">Behörighet att utöva verksamhet i kreditinstitut.</SPAN></P>
<P style="text-align: left;padding-left: 124px;margin-top: 4px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">Tillsynsbefogenheter och verktyg för de behöriga myndigheternas tillsyn över kreditinstitut.</SPAN></P>
<P style="text-align: left;padding-left: 136px;padding-right: 86px;margin-top: 4px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">De behöriga myndigheternas tillsyn över kreditinstitut på ett sätt som överensstämmer med bestämmelserna i förordning (EU) nr 575/2013.</SPAN></P>
<P style="text-align: left;padding-left: 124px;margin-top: 2px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">d)</SPAN><SPAN class="ft191">Offentliggörandekrav för behöriga myndigheter inom området reglering och tillsyn av kreditinstitut.”</SPAN></P>
<P style="text-align: left;padding-left: 107px;margin-top: 4px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft197">Artikel 2 ska ändras på följande sätt:</SPAN></P>
<P style="text-align: left;padding-left: 124px;margin-top: 4px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft191">Punkterna 2 och 3 ska utgå.</SPAN></P>
<P style="text-align: left;padding-left: 124px;margin-top: 3px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Punkt 5.1 ska utgå.</SPAN></P>
<P style="text-align: left;padding-left: 124px;margin-top: 4px;margin-bottom: 0px;" class="ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Punkt 6 ska ersättas med följande:</SPAN></P>
<P style="text-align: left;padding-left: 136px;padding-right: 86px;margin-top: 4px;margin-bottom: 0px;" class="ft169">”6. De enheter som avses i punkt <NOBR><A href="https://5.3�5.24">5.3–5.24</A></NOBR><A href="https://5.3�5.24"> </A>i denna artikel ska behandlas som finansiella institut vid tillämpning av artikel 34 och avdelning VII kapitel 3.”</P>
<P class="p1436 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft197">I artikel 3.1 ska led 4 utgå.</SPAN></P>
<P style="text-align: left;padding-left: 124px;padding-right: 377px;margin-top: 4px;margin-bottom: 0px;text-indent: -17px;font: 9px 'Arial';line-height: 22px;"><SPAN class="ft164">5.</SPAN><SPAN style="font: 9px 'Arial';margin-left: 10px;line-height: 22px;">Artikel 5 ska ersättas med följande: ”Artikel 5</SPAN></P>
<P style="text-align: left;padding-left: 124px;margin-top: 6px;margin-bottom: 0px;" class="ft171">Samordning inom medlemsstater</P>
<P style="text-align: left;padding-left: 124px;padding-right: 81px;margin-top: 10px;margin-bottom: 0px;" class="ft164">Medlemsstater som har fler än en behörig myndighet med befogenhet att utöva tillsyn över kreditinstitut och finansiella institut ska vidta nödvändiga åtgärder för att en samordning ska etableras mellan dessa myndigheter.”</P>
<P style="text-align: left;padding-left: 124px;padding-right: 404px;margin-top: 6px;margin-bottom: 0px;text-indent: -17px;font: 9px 'Arial';line-height: 22px;"><SPAN class="ft164">6.</SPAN><SPAN style="font: 9px 'Arial';margin-left: 10px;line-height: 22px;">Följande artikel ska införas: ”Artikel 8a</SPAN></P>
<P style="text-align: left;padding-left: 124px;margin-top: 5px;margin-bottom: 0px;" class="ft171">Särskilda krav för auktorisation av kreditinstitut som avses i artikel 4.1.1 b i förordning (EU) nr 575/2013</P>
<P style="text-align: justify;padding-left: 124px;padding-right: 86px;margin-top: 6px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Medlemsstaterna ska kräva att de företag som avses i artikel 4.1.1 b i förordning (EU) nr 575/2013 som redan har fått auktorisation enligt avdelning II i direktiv 2014/65/EU ska ansöka om auktorisation i enlighet med artikel 8 senast den dag då någon av följande händelser äger rum:</SPAN></P>
<P style="text-align: left;padding-left: 137px;padding-right: 86px;margin-top: 0px;margin-bottom: 0px;text-indent: -13px;" class="ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">Genomsnittet av de samlade månatliga tillgångarna, beräknat över en sammanhängande tolvmånadersperiod, uppgår till eller överstiger 30 miljarder EUR.</SPAN></P>
<P style="text-align: justify;padding-left: 137px;padding-right: 81px;margin-top: 2px;margin-bottom: 0px;text-indent: -13px;" class="ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft193">Genomsnittet av de samlade månatliga tillgångarna, beräknat över en sammanhängande tolvmånadersperiod, understiger 30 miljarder EUR, och företaget ingår i en grupp där det samlade värdet av de konsoliderade tillgångarna i alla företag i gruppen som bedriver någon av de verksamheter som anges i avsnitt A punkterna 3 och 6 i bilaga I till direktiv 2014/65/EU uppgår till eller överstiger 30 miljarder EUR, och varje enskilt sådant företags samlade tillgångar understiger 30 miljarder EUR, i båda fallen beräknat som ett genomsnitt över en sammanhängande tolvmånadersperiod.</SPAN></P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/106</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
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<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
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<P style="text-align: left;padding-left: 44px;padding-right: 103px;margin-top: 21px;margin-bottom: 0px;" class="ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">De företag som avses i punkt 1 i den här artikeln får fortsätta att bedriva verksamhet enligt artikel 4.1.1 b i förordning (EU) nr 575/2013 tills de erhåller den auktorisation som avses i punkt 1 i den här artikeln.</SPAN></P>
<P style="text-align: justify;padding-left: 44px;padding-right: 103px;margin-top: 8px;margin-bottom: 0px;" class="ft164"><SPAN class="ft164">3.</SPAN><SPAN class="ft175">Genom undantag från punkt 1 i den här artikeln ska de företag som avses i artikel 4.1.1 b i förordning (EU) nr 575/2013 som den 24 december 2019 bedriver verksamhet som värdepappersföretag med auktorisation enligt direktiv 2014/65/EU ansöka om auktorisation i enlighet med artikel 8 i det här direktivet senast den 27 december 2020.</SPAN></P>
<P style="text-align: justify;padding-left: 44px;padding-right: 103px;margin-top: 7px;margin-bottom: 0px;" class="ft164"><SPAN class="ft164">4.</SPAN><SPAN class="ft175">Om den behöriga myndigheten, efter att ha fått information i enlighet med artikel 95a i direktiv 2014/65/EU, fastställer att ett företag ska auktoriseras som kreditinstitut i enlighet med artikel 8 i det här direktivet, ska den underrätta företaget och den behöriga myndigheten enligt definitionen i artikel 4.1.26 i direktiv 2014/65/EU samt, från och med tidpunkten för denna underrättelse, överta auktorisationsförfarandet.</SPAN></P>
<P style="text-align: left;padding-left: 44px;padding-right: 103px;margin-top: 7px;margin-bottom: 0px;" class="ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft175">Vid förnyad auktorisation ska den behöriga myndighet som beviljar auktorisationen säkerställa att processen är så effektiv som möjligt och att hänsyn tas till information från befintliga auktorisationer.</SPAN></P>
<P style="text-align: left;padding-left: 44px;margin-top: 7px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">6.</SPAN><SPAN class="ft189">EBA ska utarbeta ett förslag till tekniska tillsynsstandarder för att specificera</SPAN></P>
<P style="text-align: left;padding-left: 56px;padding-right: 108px;margin-top: 5px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">de uppgifter som företaget ska tillhandahålla de behöriga myndigheterna i samband med ansökan om auktorisation, inbegripet verksamhetsplanen enligt artikel 10,</SPAN></P>
<P style="text-align: left;padding-left: 44px;margin-top: 3px;margin-bottom: 0px;" class="ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">metoden för beräkning av de tröskelvärden som avses i punkt 1.</SPAN></P>
<P style="text-align: left;padding-left: 44px;padding-right: 103px;margin-top: 6px;margin-bottom: 0px;" class="ft164">Kommissionen ges befogenhet att komplettera detta direktiv genom att anta de tekniska tillsynsstandarder som avses i första stycket a och b i enlighet med artiklarna <NOBR>10–14</NOBR> i förordning (EU) nr 1093/2010.</P>
<P style="text-align: left;padding-left: 44px;margin-top: 7px;margin-bottom: 0px;" class="ft169">EBA ska överlämna detta förslag till tekniska tillsynsstandarder till kommissionen senast den 26 december 2020.”</P>
<P class="p1207 ft169"><SPAN class="ft164">7.</SPAN><SPAN class="ft196">I artikel 18 ska följande led införas:</SPAN></P>
<P style="text-align: left;padding-left: 62px;padding-right: 108px;margin-top: 5px;margin-bottom: 0px;text-indent: -17px;" class="ft169">”aa) utnyttjar sin auktorisation enbart för att bedriva den verksamhet som avses i artikel 4.1.1 b i förordning (EU) nr 575/2013 och under en sammanhängande femårsperiod har haft genomsnittliga samlade tillgångar som understigit de tröskelvärden som anges i den artikeln,”.</P>
<P class="p40 ft169"><SPAN class="ft164">8.</SPAN><SPAN class="ft197">Artikel 20 ska ändras på följande sätt:</SPAN></P>
<P style="text-align: left;padding-left: 44px;margin-top: 5px;margin-bottom: 0px;" class="ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Punkt 2 ska ersättas med följande:</SPAN></P>
<P style="text-align: left;padding-left: 56px;padding-right: 108px;margin-top: 6px;margin-bottom: 0px;" class="ft169">”2. EBA ska på sin webbplats offentliggöra och minst årligen uppdatera en förteckning med namnen på alla kreditinstitut som har beviljats auktorisation.”</P>
<P style="text-align: left;padding-left: 44px;margin-top: 3px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Följande punkt ska införas:</SPAN></P>
<P style="text-align: justify;padding-left: 56px;padding-right: 103px;margin-top: 5px;margin-bottom: 0px;" class="ft164">”3a. Den förteckning som avses i punkt 2 i den här artikeln ska innehålla namnen på de företag som avses i artikel 4.1.1 b i förordning (EU) nr 575/2013 och ska identifiera dessa kreditinstitut som sådana. Förteckningen ska också ange eventuella ändringar i förhållande till den föregående versionen av förteckningen.”</P>
<P class="p1352 ft169"><SPAN class="ft164">9.</SPAN><SPAN class="ft197">Artikel 21b.5 ska ersättas med följande:</SPAN></P>
<P style="text-align: left;padding-left: 44px;margin-top: 5px;margin-bottom: 0px;" class="ft169">”5. Vid tillämpning av denna artikel ska följande gälla:</P>
<P style="text-align: left;padding-left: 44px;margin-top: 5px;margin-bottom: 0px;" class="ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Det totala värdet av tillgångar i unionen för gruppen från tredjeland ska anses vara summan av</SPAN></P>
<P style="text-align: justify;padding-left: 68px;padding-right: 108px;margin-top: 5px;margin-bottom: 0px;text-indent: -12px;" class="ft166"><SPAN class="ft174">i)</SPAN><SPAN class="ft210">det totala värdet av tillgångarna hos varje institut i unionen för gruppen från tredjeland enligt dess konsoliderade balansräkning eller deras individuella balansräkningar om institutets balansräkning inte är konsoliderad, och</SPAN></P>
<P style="text-align: justify;padding-left: 68px;padding-right: 108px;margin-top: 5px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft169">ii)</SPAN><SPAN class="ft191">det totala värdet av tillgångarna hos varje filial för gruppen från tredjeland som är auktoriserad i unionen i enlighet med detta direktiv, Europaparlamentets och rådets förordning (EU) nr 600/2014 (*) eller direktiv 2014/65/EU.</SPAN></P>
<P style="text-align: left;padding-left: 44px;margin-top: 1px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">Termen institut ska också innefatta värdepappersföretag.</SPAN></P>
<P style="text-align: left;padding-left: 44px;margin-top: 5px;margin-bottom: 0px;" class="ft166">_____________</P>
<P style="text-align: left;padding-left: 57px;padding-right: 103px;margin-top: 1px;margin-bottom: 0px;text-indent: -13px;" class="ft164"><SPAN class="ft174">(*)</SPAN><SPAN class="ft198">Europaparlamentets och rådets förordning (EU) nr 600/2014 av den 15 maj 2014 om marknader för finansiella instrument och om ändring av förordning (EU) nr 648/2012 (EUT L 173, 12.6.2014, s. 84).”</SPAN></P>
<P class="p1352 ft169"><SPAN class="ft164">10.</SPAN><SPAN class="ft190">Avdelning IV ska utgå.</SPAN></P>
<P class="p1208 ft169"><SPAN class="ft164">11.</SPAN><SPAN class="ft190">I artikel 51.1 ska första stycket ersättas med följande:</SPAN></P>
<P class="p1724 ft169">”1. De behöriga myndigheterna i en värdmedlemsstat kan göra en framställan till den samordnande tillsynsmyn digheten när artikel 112.1 är tillämplig eller till de behöriga myndigheterna i hemmedlemsstaten om att en filial till ett kreditinstitut ska betraktas som betydande.”</P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr8"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td75"><P class="p18 ft164">L 314/107</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD style="border-bottom: #000000 1px solid;padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr46"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td278"><P class="p18 ft167"> </P></TD>
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<P class="p1210 ft169"><SPAN class="ft164">12.</SPAN><SPAN class="ft191">Artikel 53.2 ska ersättas med följande:</SPAN></P>
<P class="p1730 ft164">”2. Vad som sägs i punkt 1 ska inte hindra behöriga myndigheter från att utbyta uppgifter med varandra eller förmedla uppgifter till ESRB, EBA eller Europeiska tillsynsmyndigheten (Europeiska värdepappers- och marknadsmyn digheten) (Esma), som inrättats genom Europaparlamentets och rådets förordning (EU) nr 1095/2010 (*) i enlighet med detta direktiv, förordning (EU) nr 575/2013, Europaparlamentets och rådets förordning (EU) 2019/2033 (**), artikel 15 i förordning (EU) nr 1092/2010, artiklarna 31, 35 och 36 i förordning (EU) nr 1093/2010 och artiklarna</P>
<P style="text-align: left;padding-left: 124px;padding-right: 86px;margin-top: 1px;margin-bottom: 0px;" class="ft169"><SPAN class="ft169">31</SPAN><SPAN class="ft185">och 36 i förordning (EU) nr 1095/2010, Europaparlamentets och rådets direktiv (EU) 2019/2034 (***) och andra direktiv som gäller för kreditinstitut. Den informationen ska omfattas av punkt 1.</SPAN></P>
<P style="text-align: left;padding-left: 124px;margin-top: 4px;margin-bottom: 0px;" class="ft166">_____________</P>
<P style="text-align: justify;padding-left: 150px;padding-right: 81px;margin-top: 0px;margin-bottom: 0px;text-indent: -26px;" class="ft164"><SPAN class="ft164">(*)</SPAN><SPAN style="font: 8px 'Arial';margin-left: 17px;line-height: 10px;">Europaparlamentets och rådets förordning (EU) nr 1095/2010 av den 24 november 2010 om inrättande av en europeisk tillsynsmyndighet (Europeiska värdepappers- och marknadsmyndigheten), om ändring av beslut nr 716/2009/EG och om upphävande av kommissionens beslut 2009/77/EG (EUT L 331, 15.12.2010, s. 84).</SPAN></P>
<P style="text-align: justify;padding-left: 150px;padding-right: 86px;margin-top: 0px;margin-bottom: 0px;text-indent: -26px;" class="ft188"><SPAN class="ft164">(**)</SPAN><SPAN class="ft231">Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014 (EUT L 314, 5.12.2019, s. 1).</SPAN></P>
<P style="text-align: justify;padding-left: 150px;padding-right: 81px;margin-top: 1px;margin-bottom: 0px;text-indent: -25px;" class="ft169"><SPAN class="ft174">(***)</SPAN><SPAN class="ft196">Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU och 2014/59/EU och 2014/65/EU (EUT L 314, 5.12.2019, s. 64).”</SPAN></P>
<P class="p1375 ft169"><SPAN class="ft164">13.</SPAN><SPAN class="ft190">I artikel 66.1 ska följande led införas:</SPAN></P>
<P style="text-align: left;padding-left: 143px;padding-right: 81px;margin-top: 12px;margin-bottom: 0px;text-indent: -17px;" class="ft164">”aa) Bedrivande av minst en av de verksamheter som avses i artikel 4.1.1 b i förordning (EU) nr 575/2013 och uppnående av det tröskelvärde som avses i den artikeln utan att vara auktoriserad som kreditinstitut.”</P>
<P class="p1247 ft169"><SPAN class="ft164">14.</SPAN><SPAN class="ft191">I artikel 76.5 ska sjätte stycket utgå.</SPAN></P>
<P class="p1218 ft169"><SPAN class="ft164">15.</SPAN><SPAN class="ft190">Artikel 86.11 ska ersättas med följande:</SPAN></P>
<P style="text-align: justify;padding-left: 124px;padding-right: 81px;margin-top: 12px;margin-bottom: 0px;" class="ft164">”11. De behöriga myndigheterna ska se till att instituten har likviditetsåterställningsplaner med tillbörliga strategier och lämpliga genomförandeåtgärder som kan sättas in vid eventuella likviditetsbortfall, även för filialer som är etablerade i en annan medlemsstat. De behöriga myndigheterna ska säkerställa att dessa planer testas av instituten åtminstone en gång om året, uppdateras på grundval av resultatet av de alternativa scenarier som avses i punkt 8 och rapporteras till och godkänns av personer i ledande befattning så att motsvarande justeringar kan göras av interna riktlinjer och processer. Instituten ska vidta de nödvändiga operativa åtgärderna på förhand för att säkerställa att likviditetsåterställningsplanerna kan genomföras omedelbart. Sådana operativa steg ska inbegripa innehav av säkerheter som är omedelbart tillgängliga för centralbanksfinansiering. I detta ingår att vid behov hålla säkerheter i en annan medlemsstats valuta eller valutan i ett tredjeland som institutet har exponering mot och, när det är operativt nödvändigt, inom en värdmedlemsstats territorium eller ett tredjelands territorium vars valuta institutet har exponering mot.”</P>
<P style="text-align: left;padding-left: 107px;margin-top: 24px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">16.</SPAN><SPAN class="ft191">Artikel 110.2 ska utgå.</SPAN></P>
<P class="p1218 ft169"><SPAN class="ft164">17.</SPAN><SPAN class="ft191">Artikel 111 ska ersättas med följande:</SPAN></P>
<P style="text-align: left;padding-left: 124px;margin-top: 38px;margin-bottom: 0px;" class="ft169">”Artikel 111</P>
<P style="text-align: left;padding-left: 124px;margin-top: 24px;margin-bottom: 0px;" class="ft171">Utnämning av samordnande tillsynsmyndighet</P>
<P style="text-align: justify;padding-left: 124px;padding-right: 86px;margin-top: 13px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft189">Om ett moderföretag är ett moderkreditinstitut i en medlemsstat eller ett moderkreditinstitut inom EU, ska gruppbaserad tillsyn utövas av den behöriga myndighet som utövar tillsyn över det moderkreditinstitutet i medlemsstaten eller det moderkreditinstitutet inom EU på individuell nivå.</SPAN></P>
<P style="text-align: justify;padding-left: 124px;padding-right: 81px;margin-top: 8px;margin-bottom: 0px;" class="ft164">Om ett moderföretag är ett modervärdepappersföretag i en medlemsstat eller ett modervärdepappersföretag inom EU och inget av dess dotterföretag är ett kreditinstitut, ska gruppbaserad tillsyn utövas av den behöriga myndighet som utövar tillsyn över det modervärdepappersföretaget i medlemsstaten eller det modervärdepappersföretaget inom EU på individuell nivå.</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
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<TD class="tr8 td80"><P class="p18 ft166">L 314/108</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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<P style="text-align: justify;padding-left: 44px;padding-right: 108px;margin-top: 20px;margin-bottom: 0px;" class="ft166">Om ett moderföretag är ett modervärdepappersföretag i en medlemsstat eller ett modervärdepappersföretag inom EU och minst ett av dess dotterföretag är ett kreditinstitut, ska gruppbaserad tillsyn utövas av den behöriga myndigheten för kreditinstitutet eller, om det rör sig om flera kreditinstitut, det kreditinstitut som har den största totala balansoms lutningen.</P>
<P style="text-align: justify;padding-left: 44px;padding-right: 103px;margin-top: 12px;margin-bottom: 0px;" class="ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Om moderföretaget till ett kreditinstitut eller ett värdepappersföretag är ett finansiellt moderholdingföretag i en medlemsstat, ett blandat finansiellt moderholdingföretag i en medlemsstat, ett finansiellt moderholdingföretag inom EU eller ett blandat finansiellt moderholdingföretag inom EU, ska gruppbaserad tillsyn utövas av den behöriga myndighet som utövar tillsyn över kreditinstitutet eller värdepappersföretaget på individuell nivå.</SPAN></P>
<P style="text-align: justify;padding-left: 44px;padding-right: 108px;margin-top: 12px;margin-bottom: 0px;" class="ft166"><SPAN class="ft164">3.</SPAN><SPAN class="ft212">Om två eller flera kreditinstitut eller värdepappersföretag som är auktoriserade i unionen har samma finansiella moderholdingföretag i en medlemsstat, samma blandade finansiella moderholdingföretag i en medlemsstat, samma finansiella moderholdingföretag inom EU eller samma blandade finansiella moderholdingföretag inom EU, ska gruppbaserad tillsyn utövas av</SPAN></P>
<P class="p1697 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">den behöriga myndigheten för kreditinstitutet, om det bara finns ett kreditinstitut i gruppen,</SPAN></P>
<P style="text-align: left;padding-left: 56px;padding-right: 108px;margin-top: 12px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">den behöriga myndigheten för det kreditinstitut som har den största totala balansomslutningen, om det finns flera kreditinstitut i samma grupp, eller</SPAN></P>
<P style="text-align: left;padding-left: 56px;padding-right: 108px;margin-top: 11px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">den behöriga myndigheten för det värdepappersföretag som har den största totala balansomslutningen, om det inte ingår något kreditinstitut i gruppen.</SPAN></P>
<P style="text-align: justify;padding-left: 44px;padding-right: 103px;margin-top: 8px;margin-bottom: 0px;" class="ft166"><SPAN class="ft164">4.</SPAN><SPAN class="ft212">Om konsolidering krävs enligt artikel 18.3 eller 18.6 i förordning (EU) nr 575/2013 ska gruppbaserad tillsyn utövas av den behöriga myndigheten för det kreditinstitut som har den största totala balansomslutningen eller, om det inte ingår något kreditinstitut i gruppen, av den behöriga myndigheten för det värdepappersföretag som har den största totala balansomslutningen.</SPAN></P>
<P style="text-align: justify;padding-left: 43px;padding-right: 103px;margin-top: 12px;margin-bottom: 0px;text-indent: 1px;" class="ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft181">Genom undantag från punkt 1 tredje stycket, från punkt 3 b och från punkt 4 ska, i sådana fall där en behörig myndighet utövar tillsyn på individuell nivå över mer än ett kreditinstitut i en grupp, den samordnande tillsynsmyn digheten vara den behöriga myndighet som på individuell nivå utövar tillsyn över ett eller flera kreditinstitut i gruppen om summan av de totala balansomslutningarna för dessa kreditinstitut under tillsyn är högre än den för de kreditinstitut som står under tillsyn på individuell nivå av någon annan behörig myndighet.</SPAN></P>
<P style="text-align: justify;padding-left: 44px;padding-right: 108px;margin-top: 12px;margin-bottom: 0px;" class="ft166">Genom undantag från punkt 3 c ska, i fall där en behörig myndighet utövar tillsyn på individuell nivå över mer än ett värdepappersföretag i en grupp, den samordnande tillsynsmyndigheten vara den behöriga myndighet som utövar tillsyn på individuell nivå över ett eller flera värdepappersföretag i gruppen med sammantaget den största totala balansomslutningen.</P>
<P style="text-align: justify;padding-left: 44px;padding-right: 103px;margin-top: 13px;margin-bottom: 0px;" class="ft164"><SPAN class="ft164">6.</SPAN><SPAN class="ft175">I särskilda fall får de behöriga myndigheterna efter gemensam överenskommelse göra undantag från de kriterier som avses i punkterna 1, 3 och 4 och utse en annan behörig myndighet att utöva tillsyn på gruppnivå om tillämpningen av de kriterier som avses i dessa punkter vore olämplig, med hänsyn tagen till de berörda kreditinstituten eller värdepappersföretagen och den relativa betydelsen av deras verksamhet i de berörda medlemsstaterna, eller behovet av att säkerställa kontinuitet i tillsynen på gruppnivå av samma behöriga myndighet. I sådana fall ska moderinstitutet inom EU, det finansiella moderholdingföretaget inom EU, det blandade finansiella moderholdingföretaget inom EU eller kreditinstitutet eller värdepappersföretaget med den största totala balansoms lutningen, beroende på vad som är tillämpligt, ha rätt att höras innan de behöriga myndigheterna fattar sitt beslut.</SPAN></P>
<P style="text-align: left;padding-left: 44px;padding-right: 108px;margin-top: 14px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">7.</SPAN><SPAN class="ft195">De behöriga myndigheterna ska utan dröjsmål underrätta kommissionen och EBA om alla överenskommelser inom ramen för punkt 6.”</SPAN></P>
<P class="p1209 ft169"><SPAN class="ft164">18.</SPAN><SPAN class="ft190">I artikel 114.1 ska första stycket ersättas med följande:</SPAN></P>
<P style="text-align: justify;padding-left: 44px;padding-right: 103px;margin-top: 12px;margin-bottom: 0px;" class="ft164">”1. Om det uppstår en krissituation, inklusive en sådan situation som beskrivs i artikel 18 i förordning (EU) nr 1093/2010 eller en situation med en negativ utveckling på marknaderna, som kan äventyra likviditeten på marknaderna och stabiliteten i det finansiella systemet i någon av de medlemsstater där enheter ur en grupp har auktoriserats eller där betydande filialer enligt artikel 51 har inrättats, ska den samordnande tillsynsmyndigheten om inget annat föreskrivs i avdelning VII kapitel 1 avsnitt 2 och, i tillämpliga fall, avdelning IV kapitel 1 avsnitt 2 i direktiv (EU) 2019/2034, snarast möjligt underrätta EBA och de myndigheter som avses i artiklarna 58.4 och 59 och lämna all information som är avgörande för att de ska kunna fullgöra sina uppgifter. Dessa skyldigheter ska gälla för alla behöriga myndigheter.”</P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr8"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td75"><P class="p18 ft164">L 314/109</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD style="border-bottom: #000000 1px solid;padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr46"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td278"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1210 ft169"><SPAN class="ft164">19.</SPAN><SPAN class="ft191">Artikel 116 ska ändras på följande sätt:</SPAN></P>
<P style="text-align: left;padding-left: 124px;margin-top: 6px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">a)</SPAN><SPAN class="ft190">Punkt 2 ska ersättas med följande:</SPAN></P>
<P class="p1712 ft164">”2. De behöriga myndigheter som deltar i tillsynskollegierna och EBA ska ha ett nära samarbete. Kraven på konfidentialitet enligt avdelning VII kapitel 1 avsnitt II i detta direktiv och, i tillämpliga fall, avdelning IV kapitel 1 avsnitt 2 i direktiv (EU) 2019/2034 får inte förhindra att de behöriga myndigheterna utbyter konfidentiell information inom tillsynskollegier. Tillsynskollegiers inrättande och funktion ska inte påverka de behöriga myndigheternas rättigheter och skyldigheter enligt det här direktivet och förordning (EU) nr 575/2013.”</P>
<P class="p1689 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft190">I punkt 6 ska första stycket ersättas med följande:</SPAN></P>
<P class="p1712 ft164">”6. De behöriga myndigheter som ansvarar för tillsynen av dotterföretagen till ett moderinstitut inom EU, ett finansiellt moderholdingföretag inom EU eller ett blandat finansiellt moderholdingföretag inom EU och de behöriga myndigheterna i en värdmedlemsstat där betydande filialer enligt artikel 51 har inrättats, ECBS- centralbanker i tillämpliga fall och tredjeländers tillsynsmyndigheter när det är motiverat och om det finns krav på konfidentialitet som enligt samtliga behöriga myndigheter ska anses vara likvärdiga med kraven i avdelning VII kapitel 1 avsnitt II i detta direktiv och, i tillämpliga fall, avdelning IV kapitel 1 avsnitt 2 i direktiv (EU) 2019/2034 kan delta i tillsynskollegier.”</P>
<P style="text-align: left;padding-left: 124px;margin-top: 18px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">c)</SPAN><SPAN class="ft190">I punkt 9 ska första stycket ersättas med följande:</SPAN></P>
<P class="p1712 ft164">”9. Med förbehåll för de krav på konfidentialitet som avses i avdelning VII kapitel 1 avsnitt II i detta direktiv och, i tillämpliga fall, avdelning IV kapitel 1 avsnitt 2 i direktiv (EU) 2019/2034, ska den samordnande tillsynsmyn digheten informera EBA om verksamheten i tillsynskollegiet, inbegripet i krissituationer, och vidarebefordra all information som är särskilt relevant för att uppnå samstämmighet i tillsynen till EBA.”</P>
<P class="p1432 ft169"><SPAN class="ft164">20.</SPAN><SPAN class="ft191">Artikel 125.2 ska ersättas med följande:</SPAN></P>
<P style="text-align: justify;padding-left: 124px;padding-right: 81px;margin-top: 6px;margin-bottom: 0px;" class="ft164">”2. Den information som erhålls inom ramen för gruppbaserad tillsyn och särskilt allt sådant informationsutbyte mellan behöriga myndigheter som föreskrivs i detta direktiv ska omfattas av krav avseende tystnadsplikt som är minst likvärdiga med dem som avses i artikel 53.1 i detta direktiv för kreditinstitut eller artikel 15 i direktiv (EU) 2019/2034.”</P>
<P class="p1432 ft169"><SPAN class="ft164">21.</SPAN><SPAN class="ft191">I artikel 128 ska femte stycket utgå.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft164">22.</SPAN><SPAN class="ft191">Artikel 129.2, 129.3 och 129.4 ska utgå.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft164">23.</SPAN><SPAN class="ft191">Artikel 130.2, 130.3 och 130.4 ska utgå.</SPAN></P>
<P class="p1211 ft169"><SPAN class="ft164">24.</SPAN><SPAN class="ft191">I artikel 143.1 ska led d ersättas med följande:</SPAN></P>
<P style="text-align: left;padding-left: 139px;padding-right: 81px;margin-top: 6px;margin-bottom: 0px;text-indent: -14px;" class="ft164">”d) Utan att det påverkar tillämpningen av bestämmelserna i avdelning VII kapitel 1 avsnitt II i det här direktivet och, i tillämpliga fall, avdelning IV kapitel 1 avsnitt 2 i direktiv (EU) 2019/2034, aggregerade statistiska data om centrala aspekter av genomförandet av tillsynsregelverket i varje medlemsstat, inbegripet hur många och vilken typ av tillsynsåtgärder som har vidtagits enligt artikel 102.1 a i det här direktivet och hur många och vilken typ av administrativa sanktioner som har ålagts i enlighet med artikel 65 i det här direktivet.”</P>
<P class="p1408 ft169">Artikel 63</P>
<P style="text-align: left;padding-left: 258px;margin-top: 14px;margin-bottom: 0px;" class="ft171">Ändringar av direktiv 2014/59/EU</P>
<P class="p1247 ft169">Direktiv 2014/59/EU ska ändras på följande sätt:</P>
<P class="p1211 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft190">Artikel 2.1.3 ska ersättas med följande:</SPAN></P>
<P style="text-align: left;padding-left: 135px;padding-right: 81px;margin-top: 6px;margin-bottom: 0px;text-indent: -14px;" class="ft164">”3. värdepappersföretag: värdepappersföretag enligt definitionen i artikel 4.1.22 i Europaparlamentets och rådets förordning (EU) 2019/2033 (*) som omfattas av det krav på startkapital som föreskrivs i artikel 9.1 i Europapar lamentets och rådets direktiv (EU) 2019/2034 (**).</P>
<P class="p1304 ft166">_____________</P>
<P class="p146 ft166"><SPAN class="ft174">(*)</SPAN><SPAN style="font: 9px 'Arial';margin-left: 13px;line-height: 11px;">Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för</SPAN></P>
<P style="text-align: left;padding-left: 141px;padding-right: 86px;margin-top: 0px;margin-bottom: 0px;" class="ft188">värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014 (EUT L 314, 5.12.2019, s. 1).</P>
<P style="text-align: justify;padding-left: 141px;padding-right: 86px;margin-top: 0px;margin-bottom: 0px;text-indent: -21px;" class="ft169"><SPAN class="ft174">(**)</SPAN><SPAN class="ft197">Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU (EUT L 314, 5.12.2019, s. 64).”</SPAN></P>
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<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 565px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/110</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1441 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft191">I artikel 45 ska följande punkt läggas till:</SPAN></P>
<P class="p1739 ft164">”3. I enlighet med artikel 65.4 i förordning (EU) 2019/2033 ska hänvisningar till artikel 92 i förordning (EU) nr 575/2013 i detta direktiv vad gäller kapitalbaskrav på individuell nivå för de värdepappersföretag som avses i artikel 2.1.3 i detta direktiv och som inte är sådana värdepappersföretag som avses i artikel 1.2 eller 1.5 i förordning (EU) 2019/2033 läsas i enlighet med följande:</P>
<P style="text-align: left;padding-left: 51px;padding-right: 108px;margin-top: 18px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Hänvisningar till artikel 92.1 c i förordning (EU) nr 575/2013 vad gäller kravet vad gäller total kapitalrelation i detta direktiv ska avse artikel 11.1 i förordning (EU) 2019/2033.</SPAN></P>
<P style="text-align: left;padding-left: 51px;padding-right: 103px;margin-top: 4px;margin-bottom: 0px;text-indent: -12px;" class="ft164"><SPAN class="ft164">b)</SPAN><SPAN class="ft198">Hänvisningar till artikel 92.3 i förordning (EU) nr 575/2013 vad gäller det totala riskvägda exponeringsbeloppet i detta direktiv ska avse det tillämpliga kravet i artikel 11.1 i förordning (EU) 2019/2033 multiplicerat med 12,5.</SPAN></P>
<P class="p1739 ft166">I enlighet med artikel 65 i direktiv (EU) 2019/2033 ska hänvisningarna i det här direktivet till artikel 104a i direktiv 2013/36/EU vad gäller krav på ytterligare kapitalbas för värdepappersföretag som avses i artikel 2.1.3 i det här direktivet och som inte är värdepappersföretag som avses i artikel 1.2 eller 1.5 i förordning (EU) 2019/2033 läsas som hänvisningar till artikel 40 i direktiv (EU) 2019/2033.”</P>
<P style="text-align: left;padding-left: 225px;margin-top: 30px;margin-bottom: 0px;" class="ft169">Artikel 64</P>
<P style="text-align: left;padding-left: 177px;margin-top: 13px;margin-bottom: 0px;" class="ft171">Ändringar av direktiv 2014/65/EU</P>
<P class="p1143 ft169">Direktiv 2014/65/EU ska ändras på följande sätt:</P>
<P class="p1208 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft191">I artikel 8 ska led c ersättas med följande:</SPAN></P>
<P style="text-align: left;padding-left: 53px;padding-right: 108px;margin-top: 6px;margin-bottom: 0px;text-indent: -13px;" class="ft169">”c) inte längre uppfyller de villkor på vilka auktorisationen har beviljats, t.ex. att villkoren i Europaparlamentets och rådets förordning (EU) 2019/2033 (*) ska vara uppfyllda,</P>
<P class="p1540 ft166">_____________</P>
<P style="text-align: justify;padding-left: 56px;padding-right: 108px;margin-top: 1px;margin-bottom: 0px;text-indent: -17px;" class="ft169"><SPAN class="ft174">(*)</SPAN><SPAN class="ft207">Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014 (EUT L 314, 5.12.2019, s. 1).”</SPAN></P>
<P class="p1206 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft191">Artikel 15 ska ersättas med följande:</SPAN></P>
<P class="p1803 ft169">”Artikel 15</P>
<P class="p1769 ft171">Startkapital</P>
<P style="text-align: justify;padding-left: 39px;padding-right: 103px;margin-top: 14px;margin-bottom: 0px;" class="ft164">Medlemsstaterna ska säkerställa att de behöriga myndigheterna inte beviljar auktorisation om värdepappersföretaget med beaktande av den ifrågavarande investeringstjänstens eller investeringsverksamhetens art inte har ett tillräckligt startkapital i enlighet med kraven i artikel 9 i Europaparlamentets och rådets direktiv (EU) 2019/2034 (*).</P>
<P class="p1811 ft166">_____________</P>
<P style="text-align: justify;padding-left: 57px;padding-right: 108px;margin-top: 0px;margin-bottom: 0px;text-indent: -18px;" class="ft166"><SPAN class="ft174">(*)</SPAN><SPAN class="ft187">Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU (EUT L 314, 5.12.2019, s. 64).”</SPAN></P>
<P class="p1207 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft191">Artikel 41 ska ersättas med följande:</SPAN></P>
<P class="p1803 ft169">”Artikel 41</P>
<P style="text-align: left;padding-left: 39px;margin-top: 14px;margin-bottom: 0px;" class="ft171">Beviljande av auktorisation</P>
<P style="text-align: left;padding-left: 39px;padding-right: 103px;margin-top: 7px;margin-bottom: 0px;" class="ft164"><SPAN class="ft164">1.</SPAN><SPAN class="ft181">Den behöriga myndigheten i den medlemsstat där företaget i tredjeland har etablerat eller avser att etablera sin filial ska bevilja auktorisation endast om den behöriga myndigheten har förvissat sig om att</SPAN></P>
<P class="p1811 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">villkoren enligt artikel 39 är uppfyllda, och</SPAN></P>
<P class="p1298 ft169"><SPAN class="ft164">b)</SPAN><SPAN class="ft191">filialen till företaget i tredjeland kommer att kunna följa de bestämmelser som avses i punkterna 2 och 3.</SPAN></P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr8"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td75"><P class="p18 ft164">L 314/111</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD style="border-bottom: #000000 1px solid;padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr46"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td278"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 120px;padding-right: 86px;margin-top: 21px;margin-bottom: 0px;" class="ft169">Den behöriga myndigheten ska informera företaget i tredjeland inom sex månader efter det att en fullständig ansökan har lämnats in om huruvida auktorisation har beviljats eller inte.</P>
<P class="p1815 ft164"><SPAN class="ft164">2.</SPAN><SPAN class="ft175">Den filial till företaget i tredjeland som auktoriserats i enlighet med punkt 1 ska fullgöra de skyldigheter som fastställs i artiklarna </SPAN><NOBR>16–20,</NOBR> 23, 24, 25 och 27, 28.1 och 30, 31 och 32 i detta direktiv och i artiklarna <NOBR>3–26</NOBR> i förordning (EU) nr 600/2014 och i de bestämmelser som antagits i enlighet med dessa artiklar och ska stå under tillsyn av den behöriga myndigheten i den medlemsstat där auktorisationen beviljades.</P>
<P style="text-align: justify;padding-left: 120px;padding-right: 86px;margin-top: 9px;margin-bottom: 0px;" class="ft169">Medlemsstaterna ska inte ställa några ytterligare krav på organisation och drift av filialen vad beträffar de aspekter som omfattas av detta direktiv och ska inte ge någon filial till ett företag i tredjeland en mer gynnsam behandling än unionsföretag.</P>
<P style="text-align: justify;padding-left: 120px;padding-right: 86px;margin-top: 3px;margin-bottom: 0px;" class="ft169">Medlemsstaterna ska säkerställa att behöriga myndigheter årligen meddelar Esma den förteckning över filialer till företag i tredjeland som är verksamma inom deras territorium.</P>
<P style="text-align: justify;padding-left: 120px;padding-right: 86px;margin-top: 5px;margin-bottom: 0px;" class="ft169">Esma ska årligen offentliggöra en förteckning över de filialer i tredjeland som är verksamma i unionen, inbegripet namnet på det företag i tredjeland som filialen tillhör.</P>
<P style="text-align: left;padding-left: 120px;padding-right: 86px;margin-top: 5px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Filialen till det företag i tredjeland som har auktoriserats i enlighet med punkt 1 ska årligen rapportera följande information till den behöriga myndighet som avses i punkt 2:</SPAN></P>
<P class="p1495 ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Omfattningen av filialens tjänster och verksamhet i den medlemsstaten.</SPAN></P>
<P style="text-align: left;padding-left: 132px;padding-right: 86px;margin-top: 8px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">För företag i tredjeland som utför den verksamhet som anges i avsnitt A punkt 3 i bilaga I, deras minimala, genomsnittliga och maximala exponering för motparter i EU varje månad.</SPAN></P>
<P style="text-align: justify;padding-left: 132px;padding-right: 81px;margin-top: 5px;margin-bottom: 0px;text-indent: -12px;" class="ft164"><SPAN class="ft174">c)</SPAN><SPAN class="ft193">För företag i tredjeland som tillhandahåller en av eller båda de tjänster som anges i avsnitt A punkt 6 i bilaga I, det totala värdet av finansiella instrument som härrör från motparter i EU som har garanterats eller placerats på grundval av ett fast åtagande under de föregående 12 månaderna.</SPAN></P>
<P style="text-align: left;padding-left: 132px;padding-right: 86px;margin-top: 9px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Omsättningen och det sammanlagda värdet av de tillgångar som är knutna till de tjänster och den verksamhet som avses i led a.</SPAN></P>
<P style="text-align: left;padding-left: 132px;padding-right: 81px;margin-top: 5px;margin-bottom: 0px;text-indent: -12px;" class="ft164"><SPAN class="ft174">e)</SPAN><SPAN class="ft193">En detaljerad beskrivning av de investerarskyddsarrangemang som är tillgängliga för filialens kunder, inbegripet dessa kunders rättigheter till följd av det system för ersättning till investerare som avses i artikel 39.2 f.</SPAN></P>
<P style="text-align: left;padding-left: 132px;padding-right: 86px;margin-top: 9px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft164">f)</SPAN><SPAN class="ft203">Den riskhanteringsstrategi och de arrangemang som filialen tillämpar för de tjänster och den verksamhet som avses i led a.</SPAN></P>
<P class="p1495 ft169"><SPAN class="ft174">g)</SPAN><SPAN class="ft190">Styrningsformerna, inbegripet personer som innehar nyckelfunktioner för filialens verksamhet.</SPAN></P>
<P style="text-align: left;padding-left: 132px;padding-right: 86px;margin-top: 8px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft164">h)</SPAN><SPAN class="ft191">Alla övriga uppgifter som den behöriga myndigheten anser vara nödvändiga för att den ska kunna övervaka filialens verksamhet på ett heltäckande sätt.</SPAN></P>
<P class="p1495 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft189">De behöriga myndigheterna ska på begäran lämna följande information till Esma:</SPAN></P>
<P style="text-align: left;padding-left: 132px;padding-right: 86px;margin-top: 7px;margin-bottom: 0px;text-indent: -12px;" class="ft169"><SPAN class="ft174">a)</SPAN><SPAN class="ft190">Alla auktorisationer för filialer som auktoriserats i enlighet med punkt 1 och eventuella senare ändringar av sådana auktorisationer.</SPAN></P>
<P class="p1495 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Omfattningen av de tjänster och den verksamhet som utförs av en auktoriserad filial i medlemsstaten.</SPAN></P>
<P class="p1494 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">Omsättningen och de totala tillgångarna som är knutna till de tjänster och den verksamhet som avses i led b.</SPAN></P>
<P class="p1494 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Namnet på den koncern från tredjeland som en auktoriserad filial hör till.</SPAN></P>
<P style="text-align: justify;padding-left: 120px;padding-right: 81px;margin-top: 7px;margin-bottom: 0px;" class="ft164"><SPAN class="ft164">5.</SPAN><SPAN class="ft175">De behöriga myndigheter som avses i punkt 2 i denna artikel, de behöriga myndigheterna för enheter som ingår i samma koncern som filialer till tredjelandsföretag som auktoriserats i enlighet med punkt 1 tillhör, samt Esma och EBA ska nära samarbeta med varandra för att säkerställa att alla koncernens verksamheter inom unionen står under omfattande, konsekvent och effektiv tillsyn i enlighet med detta direktiv, förordning (EU) nr 575/2013, förordning (EU) nr 600/2014, förordning (EU) 2019/2033, direktiv 2013/36/EU och direktiv (EU) 2019/2034.</SPAN></P>
<P style="text-align: left;padding-left: 120px;padding-right: 86px;margin-top: 9px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">6.</SPAN><SPAN class="ft195">Esma ska utarbeta ett förslag till tekniska genomförandestandarder för att fastställa i vilket format den information som avses i punkterna 3 och 4 ska rapporteras.</SPAN></P>
<P style="text-align: left;padding-left: 120px;margin-top: 6px;margin-bottom: 0px;" class="ft169">Esma ska lämna in detta förslag till tekniska genomförandestandarder till kommissionen senast den 26 september 2020.</P>
<P style="text-align: left;padding-left: 120px;padding-right: 81px;margin-top: 7px;margin-bottom: 0px;" class="ft164">Kommissionen ges befogenhet att komplettera detta direktiv genom att anta de tekniska genomförandestandarder som avses i första stycket i enlighet med artikel 15 i förordning (EU) nr 1095/2010.”</P>
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<P class="p14 ft2">441</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/112</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1441 ft169"><SPAN class="ft164">4.</SPAN><SPAN class="ft191">Artikel 42 ska ersättas med följande:</SPAN></P>
<P style="text-align: left;padding-left: 39px;margin-top: 23px;margin-bottom: 0px;" class="ft169">”Artikel 42</P>
<P style="text-align: left;padding-left: 39px;margin-top: 14px;margin-bottom: 0px;" class="ft171">Tillhandahållande av tjänster uteslutande på kundens eget initiativ</P>
<P style="text-align: justify;padding-left: 39px;padding-right: 103px;margin-top: 8px;margin-bottom: 0px;" class="ft164">1. Om ett tredjelandsföretag tillhandahåller en investeringstjänst eller utför investeringsverksamhet uteslutande på initiativ av en <NOBR>icke-professionell</NOBR> kund eller en professionell kund i den mening som avses i avsnitt II i bilaga II som är etablerad i eller befinner sig i unionen, ska medlemsstaterna säkerställa att auktorisationskravet i artikel 39 inte tillämpas på företaget i tredjelands tillhandahållande av tjänsten eller utförande av verksamheten för den personen, inbegripet en relation som har specifikt samband med tillhandahållandet av tjänsten eller utförandet av verksamheten.</P>
<P style="text-align: justify;padding-left: 39px;padding-right: 108px;margin-top: 6px;margin-bottom: 0px;" class="ft166">Utan att det påverkar koncerninterna relationer ska det inte betraktas som tjänster som tillhandahålls uteslutande på kundens initiativ om ett företag i tredjeland, inbegripet genom en enhet som agerar för dess räkning eller har nära förbindelser med ett sådant företag i tredjeland eller alla personer som agerar åt en sådan enhet, söker upp kunder eller potentiella kunder i unionen.</P>
<P style="text-align: justify;padding-left: 39px;padding-right: 108px;margin-top: 7px;margin-bottom: 0px;" class="ft169">2. Ett initiativ från en kund enligt punkt 1 ska inte ge företaget i tredjeland rätt att marknadsföra nya kategorier av investeringsprodukter eller investeringstjänster gentemot denna kund på annat sätt än genom filialen, när en filial krävs i enlighet med nationell rätt.”</P>
<P class="p1206 ft169"><SPAN class="ft164">5.</SPAN><SPAN class="ft190">Artikel 49.1 ska ersättas med följande:</SPAN></P>
<P class="p1739 ft164">”1. Medlemsstaterna ska kräva att reglerade marknader antar regler för tick size för aktier, depåbevis, börshandlade fonder, certifikat och andra liknande finansiella instrument och i alla andra finansiella instrument för vilka tekniska standarder för tillsyn utarbetas i enlighet med punkt 4. Tillämpningen av tick size ska inte hindra reglerade marknader från ordermatchning av stor omfattning på mittpunkten inom de aktuella köp- och säljbuden.”</P>
<P class="p1287 ft169"><SPAN class="ft164">6.</SPAN><SPAN class="ft190">I artikel 81.3 ska led a ersättas med följande:</SPAN></P>
<P style="text-align: left;padding-left: 53px;padding-right: 108px;margin-top: 6px;margin-bottom: 0px;text-indent: -13px;" class="ft169">”a) För att kontrollera att villkoren för att värdepappersföretag ska få starta verksamhet är uppfyllda och för att underlätta övervakning av sådan verksamhet, förfaranden för administration och redovisning samt mekanismer för internkontroll.”</P>
<P class="p1206 ft169"><SPAN class="ft164">7.</SPAN><SPAN class="ft191">Följande artikel ska införas:</SPAN></P>
<P style="text-align: left;padding-left: 39px;margin-top: 23px;margin-bottom: 0px;" class="ft169">”Artikel 95a</P>
<P class="p1742 ft171">Övergångsbestämmelse för auktorisation av kreditinstitut som avses i artikel 4.1.1 b i förordning (EU) nr 575/2013</P>
<P class="p1805 ft164">Behöriga myndigheter ska underrätta den behöriga myndighet som avses i artikel 8 i direktiv 2013/36/EU om de beräknade samlade tillgångarna i ett företag som har ansökt om auktorisation enligt avdelning II i detta direktiv före den 25 december 2019 för att bedriva verksamhet enligt avsnitt A punkterna 3 och 6 i bilaga I uppgår till eller överstiger 30 miljarder EUR samt underrätta den sökande om detta.”</P>
<P style="text-align: left;padding-left: 215px;margin-top: 41px;margin-bottom: 0px;" class="ft164">AVDELNING VIII</P>
<P class="p327 ft172">SLUTBESTÄMMELSER</P>
<P style="text-align: left;padding-left: 225px;margin-top: 32px;margin-bottom: 0px;" class="ft169">Artikel 65</P>
<P class="p1660 ft171">Hänvisningar till direktiv 2013/36/EU i andra unionsrättsakter</P>
<P class="p1382 ft169">Med avseende på tillsyn över och resolution av värdepappersföretag ska hänvisningar till direktiv 2013/36/EU i andra unionsakter läsas som hänvisningar till det här direktivet.</P>
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t148">
<TR>
<TD class="tr8 td80"><P class="p711 ft164">5.12.2019</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr8"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td75"><P class="p18 ft164">L 314/113</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD style="border-bottom: #000000 1px solid;padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr46"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td278"><P class="p18 ft167"> </P></TD>
</TR>
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<P class="p1564 ft169">Artikel 66</P>
<P style="text-align: left;padding-left: 306px;margin-top: 12px;margin-bottom: 0px;" class="ft171">Översyn</P>
<P class="p1456 ft169">Senast den 26 juni 2024 ska kommissionen, i nära samarbete med EBA och Esma, överlämna en rapport, vid behov åtföljt av ett lagstiftningsförslag, till Europaparlamentet och rådet om följande:</P>
<P class="p1570 ft166"><SPAN class="ft174">a)</SPAN><SPAN class="ft192">Bestämmelserna om ersättning i detta direktiv och i förordning (EU) 2019/2033 samt i direktiven 2009/65/EG och 2011/61/EU, i syfte att uppnå lika villkor för alla värdepappersföretag som är verksamma i unionen, inbegripet tillämpningen av dessa bestämmelser.</SPAN></P>
<P class="p1457 ft169"><SPAN class="ft174">b)</SPAN><SPAN class="ft190">Lämpligheten i rapporterings- och offentliggörandekraven i detta direktiv och i förordning (EU) 2019/2033, med beaktande av proportionalitetsprincipen.</SPAN></P>
<P class="p1473 ft169"><SPAN class="ft174">c)</SPAN><SPAN class="ft190">En bedömning, som ska ta hänsyn till den </SPAN><NOBR>EBA-rapport</NOBR> som avses i artikel 35 och taxonomin för hållbar finansiering, om huruvida</P>
<P class="p1792 ft169"><SPAN class="ft174">i)</SPAN><NOBR><SPAN class="ft197">ESG-risker</SPAN></NOBR> behöver beaktas för ett värdepappersföretags interna styrning,</P>
<P class="p1495 ft169"><SPAN class="ft169">ii)</SPAN><NOBR><SPAN class="ft203">ESG-risker</SPAN></NOBR> behöver beaktas för ett värdepappersföretags ersättningspolicy,</P>
<P class="p1495 ft169"><SPAN class="ft169">iii)</SPAN><NOBR><SPAN class="ft191">ESG-risker</SPAN></NOBR> behöver beaktas för ett värdepappersföretags behandling av risker,</P>
<P class="p1495 ft169"><SPAN class="ft164">iv)</SPAN><NOBR><SPAN class="ft191">ESG-risker</SPAN></NOBR> behöver ingå i översyns- och utvärderingsprocessen.</P>
<P class="p1385 ft169"><SPAN class="ft174">d)</SPAN><SPAN class="ft190">Ändamålsenligheten vad gäller de arrangemang för informationsutbyte som fastställs i detta direktiv.</SPAN></P>
<P class="p1457 ft169"><SPAN class="ft174">e)</SPAN><SPAN class="ft190">Unionens och medlemsstaternas samarbete med tredjeländer vid tillämpning av detta direktiv och förordning (EU) 2019/2033.</SPAN></P>
<P class="p1473 ft169"><SPAN class="ft174">f)</SPAN><SPAN class="ft211">Genomförandet av detta direktiv och förordning (EU) 2019/2033 för värdepappersföretag på grundval av deras rättsliga struktur eller ägandemodell.</SPAN></P>
<P class="p1551 ft164"><SPAN class="ft174">g)</SPAN><SPAN class="ft193">Möjligheten att värdepappersföretag innebär en risk för störningar av det finansiella systemet med allvarliga negativa konsekvenser för det finansiella systemet och den reala ekonomin samt lämpliga verktyg för makrotillsyn för att hantera sådana risker och ersätta kraven i artikel 36.1 d i detta direktiv:</SPAN></P>
<P class="p1459 ft169"><SPAN class="ft164">h)</SPAN><SPAN class="ft191">De villkor på vilka de behöriga myndigheterna, i enlighet med artikel 5 i detta direktiv, får tillämpa kraven i förordning (EU) nr 575/2013 på värdepappersföretag.</SPAN></P>
<P class="p1514 ft169">Artikel 67</P>
<P class="p1547 ft171">Införlivande</P>
<P class="p1456 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft195">Medlemsstaterna ska senast den 26 juni 2021 anta och offentliggöra de bestämmelser som är nödvändiga för att följa detta direktiv. De ska genast underrätta kommissionen om detta.</SPAN></P>
<P class="p1587 ft164">De ska tillämpa dessa bestämmelser från och med den 26 juni 2021. Medlemsstaterna ska dock tillämpa de bestämmelser som är nödvändiga för att efterleva artikel 64.5 från och med den 26 mars 2020.</P>
<P class="p1569 ft164">När en medlemsstat antar dessa bestämmelser ska de innehålla en hänvisning till detta direktiv eller åtföljas av en sådan hänvisning när de offentliggörs. Närmare föreskrifter om hur hänvisningen ska göras ska varje medlemsstat själv utfärda.</P>
<P class="p1334 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft195">När detta direktiv har trätt i kraft ska medlemsstaterna underrätta kommissionen, i så god tid att den hinner lämna synpunkter, om alla förslag till lagar och andra författningar som de avser att anta inom det område som omfattas av detta direktiv.</SPAN></P>
<P class="p1389 ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft195">Medlemsstaterna ska till kommissionen och EBA överlämna texten till de bestämmelser i nationell rätt som de antar inom det område som omfattas av detta direktiv.</SPAN></P>
<P class="p1601 ft164">När de dokument som åtföljer medlemsstaternas anmälan av sina införlivandeåtgärder inte är tillräckliga för att det till fullo ska gå att bedöma om införlivandebestämmelserna överensstämmer med vissa bestämmelser i detta direktiv får kommissionen, på begäran från EBA och i syfte att fullgöra sina uppgifter enligt förordning (EU) nr 1093/2010, eller på eget initiativ, begära att medlemsstaterna lämnar mer detaljerad information om införlivandet och genomförandet av de bestämmelserna och detta direktiv.</P>
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<P class="p14 ft2">443</P>
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<P class="p14 ft2">Prop. 2020/21:173</P>
<P class="p563 ft2">Bilaga 4</P>
<TABLE cellpadding=0 cellspacing=0 class="t150">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 314/114</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr8 td414"><P class="p1131 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">5.12.2019</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td415"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
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</TABLE>
<P class="p1417 ft169">Artikel 68</P>
<P style="text-align: left;padding-left: 214px;margin-top: 8px;margin-bottom: 0px;" class="ft171">Ikraftträdande</P>
<P class="p1238 ft169">Detta direktiv träder i kraft den tjugonde dagen efter det att det har offentliggjorts i Europeiska unionens officiella tidning.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 342px;margin-left: 27px;margin-top: 16px;font: 6px 'Arial';">
<TR>
<TD class="tr9 td247"><P class="p18 ft178"> </P></TD>
<TD colspan=2 class="tr9 td200"><P style="text-align: center;padding-right: 80px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft164">Artikel 69</P></TD>
</TR>
<TR>
<TD class="tr20 td247"><P class="p18 ft178"> </P></TD>
<TD colspan=2 class="tr20 td200"><P style="text-align: center;padding-right: 81px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft172">Adressater</P></TD>
</TR>
<TR>
<TD class="tr33 td247"><P class="p18 ft164">Detta direktiv riktar sig till medlemsstaterna.</P></TD>
<TD class="tr33 td145"><P class="p18 ft178"> </P></TD>
<TD class="tr33 td146"><P class="p18 ft178"> </P></TD>
</TR>
<TR>
<TD style="height: 40px;" class="td247"><P class="p18 ft164">Utfärdat i Strasbourg den 27 november 2019.</P></TD>
<TD style="height: 40px;" class="td145"><P class="p18 ft178"> </P></TD>
<TD style="height: 40px;" class="td146"><P class="p18 ft178"> </P></TD>
</TR>
<TR>
<TD class="tr3 td247"><P style="text-align: center;padding-left: 65px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft177">På Europaparlamentets vägnar</P></TD>
<TD class="tr3 td145"><P class="p18 ft178"> </P></TD>
<TD class="tr3 td146"><P class="p1828 ft177">På rådets vägnar</P></TD>
</TR>
<TR>
<TD class="tr9 td247"><P style="text-align: center;padding-left: 65px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft174">Ordförande</P></TD>
<TD class="tr9 td145"><P class="p18 ft178"> </P></TD>
<TD class="tr9 td146"><P class="p1829 ft174">Ordförande</P></TD>
</TR>
<TR>
<TD class="tr8 td247"><P style="text-align: center;padding-left: 65px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft177">D. M. SASSOLI</P></TD>
<TD class="tr8 td145"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td146"><P class="p1828 ft177">T. TUPPURAINEN</P></TD>
</TR>
<TR>
<TD class="tr11 td247"><P class="p18 ft178"> </P></TD>
<TD class="tr1 td409"><P class="p18 ft178"> </P></TD>
<TD class="tr11 td146"><P class="p18 ft178"> </P></TD>
</TR>
</TABLE>
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<P class="p14 ft2">444</P>
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<INGENBILD zsrc="H803173445x1.jpg/" style="width:246px;height:537px;">
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<P class="p1146 ft2">Prop. 2020/21:173</P>
<P class="p1147 ft2">Bilaga 5</P>
<TABLE cellpadding=0 cellspacing=0 class="t139">
<TR>
<TD class="tr8 td80"><P class="p18 ft166">L 405/84</P></TD>
<TD class="tr45 td351"><P class="p43 ft165">SV</P></TD>
<TD class="tr37 td358"><P class="p18 ft178"> </P></TD>
<TD class="tr8 td359"><P class="p1148 ft166">Europeiska unionens officiella tidning</P></TD>
<TD class="tr8 td57"><P class="p16 ft166">2.12.2020</P></TD>
</TR>
<TR>
<TD class="tr46 td353"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td354"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td358"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td360"><P class="p18 ft167"> </P></TD>
<TD class="tr46 td361"><P class="p18 ft167"> </P></TD>
</TR>
</TABLE>
<P class="p1830 ft171">Rättelse till Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU</P>
<P style="text-align: left;padding-left: 208px;margin-top: 9px;margin-bottom: 0px;" class="ft169">(Europeiska unionens officiella tidning L 314 av den 5 december 2019)</P>
<P class="p1375 ft169"><SPAN class="ft164">1.</SPAN><SPAN class="ft238">Sidan 71, artikel 2.2</SPAN></P>
<P class="p1411 ft169">I stället för:<SPAN style="padding-left:49px;">”2. […] i enlighet med artikel 1.2 andra stycket i förordning (EU) 2019/2033.”</SPAN></P>
<P class="p1859 ft169">ska det stå:<SPAN style="padding-left:50px;">”2. […] i enlighet med artikel 1.2 andra stycket och artikel 1.5 tredje stycket i förordning (EU) 2019/2033.”</SPAN></P>
<P class="p1926 ft169"><SPAN class="ft164">2.</SPAN><SPAN class="ft238">Sidan 102, artikel 54</SPAN></P>
<P class="p1411 ft169">I stället för:<SPAN style="padding-left:49px;">”I enlighet med kapitel 2 avsnitt 3 i den här avdelningen […]”</SPAN></P>
<P class="p1218 ft169">ska det stå:<SPAN style="padding-left:50px;">”I enlighet med kapitel 1 avsnitt 3 i den här avdelningen […]”.</SPAN></P>
<P style="text-align: left;padding-left: 108px;margin-top: 27px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">3.</SPAN><SPAN class="ft238">Sidan 110, artikel 63.2</SPAN></P>
<P class="p1218 ft169">I stället för:<SPAN style="padding-left:49px;">”2. I artikel 45 ska följande punkt läggas till:</SPAN></P>
<P style="text-align: left;padding-left: 208px;margin-top: 8px;margin-bottom: 0px;" class="ft169">’3. I enlighet med artikel 65.4 i förordning (EU) 2019/2033 […]’”</P>
<P class="p1218 ft169">ska det stå:<SPAN style="padding-left:50px;">”2. I artikel 45 ska följande punkt läggas till:</SPAN></P>
<P style="text-align: left;padding-left: 208px;margin-top: 7px;margin-bottom: 0px;" class="ft169">’3. I enlighet med artikel 65 i förordning (EU) 2019/2033 […]’”.</P>
<P style="text-align: left;padding-left: 108px;margin-top: 27px;margin-bottom: 0px;" class="ft169"><SPAN class="ft164">4.</SPAN><SPAN style="font: 9px 'Arial';margin-left: 18px;line-height: 12px;">Sidan 113, artikel 67.1 andra stycket</SPAN></P>
<P style="text-align: justify;padding-left: 193px;padding-right: 86px;margin-top: 11px;margin-bottom: 0px;text-indent: -84px;" class="ft169">I stället för:<SPAN style="padding-left:49px;">”De ska tillämpa dessa bestämmelser från och med den 26 juni 2021. Medlemsstaterna ska dock tillämpa de bestämmelser som är nödvändiga för att efterleva artikel 64.5 från och med den 26 mars 2020.”</SPAN></P>
<P style="text-align: justify;padding-left: 193px;padding-right: 81px;margin-top: 8px;margin-bottom: 0px;text-indent: -84px;" class="ft164">ska det stå:<SPAN style="padding-left:50px;">”De ska tillämpa dessa bestämmelser från och med den 26 juni 2021. Medlemsstaterna ska dock tillämpa de bestämmelser som är nödvändiga för att efterleva artikel 62.6 när det gäller artikel 8a.3 i direktiv 2013/36/EU senast den 27 december 2020 och de bestämmelser som är nödvändiga för att efterleva artikel 64.5 från och med den 26 mars 2020.”</SPAN></P>
</DIV>
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<P class="p14 ft2">445</P>
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<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr19 td26"><P class="p24 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr19 td103"><P class="p18 ft1">Sammanfattning av betänkandet</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p24 ft2">Bilaga 6</P></TD>
<TD class="tr4 td103"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr20 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td103"><P class="p18 ft2">I dag omfattas vissa värdepappersbolag av samma <NOBR>EU-rättsliga</NOBR> regelverk</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">om kapitaltäckning som kreditinstituten, dvs. av tillsynsförordningen<SPAN class="ft20">1 </SPAN>och</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft31">kapitaltäckningsdirektivet<SPAN style="font: 8px 'Times New Roman';line-height: 10px;position: relative; bottom: 5px;">2</SPAN>. Resterande värdepappersbolag är undantagna</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">från hela eller stora delar av regelverket. Under hösten 2019 antog EU ett</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft31">nytt regelverk om kapitaltäckning för värdepappersbolag, bestående av en</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">förordning (”värdepappersbolagsförordningen”)<SPAN class="ft20">3 </SPAN>och ett direktiv (”värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">pappersbolagsdirektivet”)<SPAN class="ft20">4</SPAN>. Regelverket är anpassat till värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">bolagens egenart och syftar till att vara mer proportionerligt i förhållande</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">till bolagens storlek, tjänster och grad av komplexitet. Detta betänkande</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft31">innehåller förslag och överväganden till de lagändringar som behövs för att</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">anpassa och komplettera svensk rätt till värdepappersbolagsförordningen</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">och genomföra värdepappersbolagsdirektivet.</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p39 ft2">Utgångspunkten är att det nya regelverket är tillämpligt på samtliga</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">värdepappersbolag. En del värdepappersbolag ska dock på grund av sin</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">storlek, eller efter beslut av den behöriga myndigheten, tillämpa tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">förordningen och i vissa andra delar samma regler som kreditinstitut.</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft31">Vidare undantas värdepappersbolag, som anses tillhöra kategorin små och</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2"><NOBR>icke-sammanlänkade</NOBR> värdepappersföretag, från tillämpningen av vissa</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">delar av det nya regelverket.</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p39 ft2">Även om det nya regelverket täcker samma områden som reglerna i</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">tillsynsförordningen och kapitaltäckningsdirektivet innebär det en rad</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">förändringar för värdepappersbolagens del. En av de huvudsakliga änd-</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">ringarna är ett nytt sätt att beräkna kapitalkraven, vilket är anpassat till</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft31">riskerna i den verksamhet som är typisk för värdepappersbolag. Vidare kan</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">nämnas att det för merparten av värdepappersbolagen varken kommer att</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">gälla något krav på kapitalbuffertar eller bruttosoliditet.</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p39 ft2">Finansinspektionen är behörig myndighet enligt nuvarande regelverk.</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">Utredningen föreslår att inspektionen ska vara behörig myndighet även</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">enligt det nya regelverket.</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p39 ft2">Det nuvarande kapitaltäckningsregelverket har för värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">bolagens del genomförts i svensk rätt i huvudsak genom lagen (2014:968)</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">om särskild tillsyn över kreditinstitut och värdepappersbolag (”tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">lagen”), lagen (2014:966) om kapitalbuffertar och lagen (2007:528) om</P></TD>
</TR>
<TR>
<TD class="tr4 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">värdepappersmarknaden. Utredningen föreslår att anpassningarna av</P></TD>
</TR>
<TR>
<TD class="tr5 td26"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">svensk rätt till det nya regelverket sker genom ändringar i nämnda lagar.</P></TD>
</TR>
<TR>
<TD style="height: 60px;" class="td26"><P class="p18 ft5"> </P></TD>
<TD style="height: 60px;" class="td103"><P class="p18 ft27"><SPAN class="ft48">1 </SPAN>Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om till-</P></TD>
</TR>
<TR>
<TD class="tr8 td26"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td103"><P class="p18 ft27">synskrav för kreditinstitut och värdepappersföretag och om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD class="tr8 td26"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td103"><P class="p18 ft43">nr 648/2012.</P></TD>
</TR>
<TR>
<TD class="tr8 td26"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td103"><P class="p18 ft27"><SPAN class="ft48">2 </SPAN>Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet</P></TD>
</TR>
<TR>
<TD class="tr8 td26"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td103"><P class="p18 ft27">att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut och värdepappersföretag,</P></TD>
</TR>
<TR>
<TD class="tr9 td26"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td103"><P class="p18 ft59">om ändring av direktiv 2002/87/EG och om upphävande av direktiv 2006/48/EG och</P></TD>
</TR>
<TR>
<TD class="tr8 td26"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td103"><P class="p18 ft43">2006/49/EG.</P></TD>
</TR>
<TR>
<TD class="tr9 td26"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td103"><P class="p18 ft27"><SPAN class="ft48">3 </SPAN>Europarlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om</P></TD>
</TR>
<TR>
<TD class="tr8 td26"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td103"><P class="p18 ft27">tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010,</P></TD>
</TR>
<TR>
<TD class="tr8 td26"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td103"><P class="p18 ft43">(EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014.</P></TD>
</TR>
<TR>
<TD class="tr8 td26"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td103"><P class="p18 ft27"><SPAN class="ft48">4 </SPAN>Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr11 td26"><P class="p113 ft2">446</P></TD>
<TD class="tr8 td103"><P class="p18 ft27">tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG,</P></TD>
</TR>
<TR>
<TD class="tr14 td103"><P class="p18 ft29">2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU.</P></TD>
</TR>
</TABLE>
</DIV>
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<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 395px;overflow: hidden;">
<P class="p595 ft2">När det gäller lagen om kapitalbuffertar innebär ändringarna att flertalet värdepappersbolag inte längre kommer att omfattas av den lagen.</P>
<P class="p481 ft2">Genom värdepappersbolagsförordningen ändras definitionen av kredit- institut i tillsynsförordningen, på så sätt att den även omfattar vissa värde- pappersbolag vars tillgångar uppgår till minst 30 miljarder euro. Utred- ningen föreslår att ett sådant bolag ska söka tillstånd hos Finansinspek- tionen som s.k. värdepappersinriktat kreditinstitut.</P>
<P class="p603 ft31">I utredningens uppdrag har även ingått att se över och analysera konsek- venserna av det nya regelverket i förhållande till den nuvarande ordningen som ger svenska värdepappersbolag möjlighet att, med tillstånd från Finansinspektionen, ta emot kunders medel på konto för att underlätta värdepappersrörelsen, och ta ställning till om det finns skäl som motiverar att denna ordning behålls. Ordningen har inte sin grund i <NOBR>EU-rätten,</NOBR> utan är en nationell reglering som funnits i Sverige under lång tid. Utredningen konstaterar att det fortfarande finns ett behov från bolagens sida av att erbjuda inlåningskonton. Enligt utredningens bedömning finns det varken några principiella eller <NOBR>EU-rättsliga</NOBR> hinder mot att behålla ordningen, förutsatt att bolag med sådant tillstånd tillämpar tillsynsförordningen. Utredningen föreslår därför att ordningen behålls. Bolag med sådant tillstånd ska dock definieras som kreditinstitut i tillsynslagen och tillämpa vissa bestämmelser i lagen (2004:297) om bank- och finansieringsrörelse i stället för motsvarande regler i lagen om värdepappersmarknaden.</P>
<P class="p884 ft2">Betänkandet innehåller i övrigt förslag beträffande reglerna om start- kapital, bolagsstyrning och riskhantering, ersättning, tillsyn, samarbete och informationsutbyte samt sanktioner och andra ingripanden.</P>
<P class="p601 ft31">Kravet på startkapital för värdepappersbolag som ska driva en s.k. MTF- plattform, men inte handel för egen räkning, sänks markant. Även för vissa andra värdepappersbolag sker en sänkning, genom att dessa bolag hamnar i en annan kategori. Generellt sker det annars en viss höjning av respektive nivå för startkapital, utom när det gäller värdepappersbolag som ska ha inlåningskonton, där kravet oförändrat uppgår till fem miljoner euro.</P>
<P class="p602 ft2">De regler om bolagsstyrning och riskhantering som härrör från kapital- täckningsregelverket ändras i några avseenden. Även de risker som bolagets verksamhet innebär för andra ska identifieras, mätas, styras, rapporteras, kontrolleras och täckas. Det föreskrivs inte längre att värde- pappersbolag särskilt ska se till att bolagets kreditrisker inte medför att dess förmåga att fullgöra sina förpliktelser äventyras. I stället ska värde- pappersbolag i detta avseende särskilt beakta kundrisker. Vidare sker en ändring såtillvida att ett värdepappersbolags rörelse ska organiseras och drivas på ett sådant sätt att även bolagets ansvarskedjor kan överblickas. När det följer av värdepappersbolagsförordningen ska kraven på riskhante- ring tillämpas även på gruppnivå. Utredningen bedömer att de relativt detal- jerade kraven på värdepappersbolags riskhantering i övrigt bör genomföras på föreskriftsnivå. Små och <NOBR>icke-sammanlänkade</NOBR> värdepappersbolag undan- tas från kraven på soliditet, kapitalutvärdering samt riskhantering och där- med sammanhängande organisationskrav. Finansinspektionen får dock besluta att ett sådant värdepappersbolag ska tillämpa kraven avseende soli- ditet och kapitalutvärdering.</P>
<P class="p720 ft2">När det gäller reglerna om ersättning införs en bestämmelse om att värdepappersbolag, utom de som tillhör kategorin små och <NOBR>icke-samman-</NOBR> länkade värdepappersbolag, ska ha ett ersättningssystem som främjar en</P>
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<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 6</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">447</P>
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<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 6</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">448</P>
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<P class="p209 ft2">sund och effektiv riskhantering. Utredningen föreslår vidare att den fasta kvot mellan rörlig och fast ersättning, som i dag gäller för ersättning till vissa anställda i värdepappersbolag, ska tas bort. I fråga om värdepappersbolags- direktivets övriga regler beträffande ersättning, vilka är omfattande och detaljerade, gör utredningen bedömningen att dessa bör genomföras genom föreskrifter på lägre nivå än lag.</P>
<P class="p603 ft31">När det gäller tillsynen över regelverket sker några ändringar be- träffande Finansinspektionens befogenheter. Det föreskrivs t.ex. en skyl- dighet för inspektionen att, inför en undersökning hos ett utländskt värde- pappersföretag hemmahörande inom EES och som inrättat en filial i Sverige, samråda med behörig myndighet i den medlemsstat som har aukto- riserat det utländska värdepappersföretaget. Bestämmelserna om vilken myndighet som ska ansvara för tillsynen på gruppnivå ändras. Bland ändringarna kan nämnas att om det finns ett kreditinstitut i gruppen ska numera den myndighet som har tillsyn över detta på bolagsnivå ansvara för tillsynen på gruppnivå, även om moderföretaget är ett värdepappers- bolag och även i det fall ett värdepappersbolag i gruppen har en större total balansomslutning än kreditinstitutet. Det införs nya regler om tillsynen över tillstånd att använda interna modeller för beräkning av visst kapital- baskrav. Reglerna har i stor utsträckning sin förebild i befintliga regler om tillsyn över interna metoder. Utredningen gör i övrigt bedömningen att även värdepappersbolagsdirektivets detaljerade regler om vad tillsynen ska omfatta bör regleras genom föreskrifter på lägre nivå än lag.</P>
<P style="text-align: justify;margin-top: 20px;margin-bottom: 0px;text-indent: 11px;" class="ft31">Beträffande reglerna om samarbete och informationsutbyte införs ett par tillägg i bestämmelserna om Finansinspektionens möjlighet att hänskjuta vissa frågor, som t.ex. rör förfarandet av en annan myndighet inom EES, till Europeiska bankmyndigheten för tvistlösning. Vidare införs nya bestämmelser om tillsyn när moderföretaget finns utanför EES. Om Finansinspektionen bedömer att tillsynen i tredjeland inte är likvärdig, ska inspektionen i vissa fall besluta om lämpliga tillsynsmetoder som uppnår tillsynsmålen i värdepappersbolagsförordningen. Utredningen föreslår att tystnadsplikten utvidgas till att gälla även för en styrelseledamot eller befattningshavare hos ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag, som i den egenskapen får kunskap om affärsför- hållanden i ett företag som enligt värdepappersbolagsförordningen ska lämna uppgifter. Vidare utsträcks bestämmelsen om uppgiftsskyldighet till undersökningsledare eller åklagare till att även omfatta värdepappersinrik- tade holdingföretag. I övrigt gör utredningen bedömningen att värdepap- persbolagsdirektivets bestämmelser om samarbete och informationsutbyte bör genomföras på föreskriftsnivå.</P>
<P style="text-align: justify;padding-right: 5px;margin-top: 21px;margin-bottom: 0px;text-indent: 11px;" class="ft2">När det gäller sanktioner är regleringen i värdepappersbolagsdirektivet i stort sett densamma som i kapitaltäckningsdirektivet med den skillnaden att katalogen över överträdelser ändras något. De regler på förordningsnivå som ett värdepappersbolag kan bryta mot kommer nämligen att finnas i värdepappersbolagsförordningen i stället för i tillsynsförordningen. Den svenska regleringen anpassas till detta. För styrelseledamöter, verkställande direktör och ersättare för någon av dem i sådana värdepappersbolag som ska tillämpa tillsynsförordningen gäller sanktionsbestämmelserna i lagen om bank- och finansieringsrörelse.</P>
<P class="p737 ft2">Beträffande reglerna om särskilt kapitalbaskrav ändras villkoren för när Finansinspektionen ska besluta att ett värdepappersbolag ska uppfylla ett</P>
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<P class="p677 ft31">sådant krav. Vidare införs det en ny bestämmelse om att inspektionen får besluta att ett värdepappersbolag ska ha ytterligare kapitalbasnivåer. Finansinspektionen ska i denna situation se över den nivå som bolaget har fastställt och meddela bolaget om nivån är tillräcklig eller behöver juste- ras. Det införs en skyldighet för Finansinspektionen att, beträffande sådana värdepappersbolag som omfattas av lagen (2015:1016) om resolution, underrätta relevanta resolutionsmyndigheter om beslut om särskilda kapi- talbaskrav och om förväntade justeringar avseende ytterligare kapitalbas- nivåer. När det gäller särskilda likviditetskrav föreslås inga förändringar, bortsett från att vissa små och <NOBR>icke-sammanlänkade</NOBR> värdepappersbolag undantas från tillämpningen av denna reglering.</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 18px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Utredningen föreslår vidare följdändringar i en rad författningar som i dag innehåller hänvisningar till nuvarande <NOBR>EU-rättsliga</NOBR> regelverk. En del av dessa ändringar är endast föranledda av att tillsynsförordningen respek- tive kapitaltäckningsdirektivet får ändrad titel.</P>
<P class="p239 ft2">Genom värdepappersbolagsdirektivet sker ändringar i några andra EU- direktiv. Som en följd av detta föreslår utredningen bl.a. att reglerna om s.k. <NOBR>tick-size</NOBR> eller budsteg kompletteras, på så sätt att kraven på regler för minsta tillåtna prisändring inte ska hindra en börs från att matcha order av stor omfattning på mittpunkten inom de aktuella köp- och säljbuden. Vidare ändras definitionerna av värdepappersbolag respektive kreditinstitut i lagen om resolution.</P>
<P style="text-align: justify;padding-right: 11px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft31">Den anpassning till värdepappersbolagens egenart som sker genom det nya regelverket bedöms få positiva konsekvenser för värdepappersbolagen, deras kunder och samhället i stort. För värdepappersbolagen kan vissa kost- nader uppstå i samband med omställningen till det nya regelverket. Finans- inspektionen kommer att behöva anpassa sin tillsynsverksamhet med anledning av det nya regelverket. Vidare kommer genomförandet att ge upphov till ett visst initialt resursbehov avseende bl.a. arbete med nya före- skrifter och framtagande av metoddokument. Utredningen gör bedöm- ningen att de merkostnader som kan uppstå för Finansinspektionen huvud- sakligen bör rymmas inom befintliga ramar och hanteras genom ompriori- teringar av befintliga resurser.</P>
<P style="text-align: left;padding-left: 11px;margin-top: 19px;margin-bottom: 0px;" class="ft2">Med något undantag föreslås ändringarna träda i kraft den 26 juni 2021.</P>
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<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 6</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">449</P>
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<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
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<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p14 ft1">Betänkandets lagförslag</P>
<P style="text-align: left;padding-right: 118px;margin-top: 33px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2007:528) om värdepappersmarknaden</P>
<P style="text-align: justify;padding-right: 68px;padding-top: 2px;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>i fråga om lagen (2007:528) om värdepappers- marknaden</P>
<P class="p65 ft2"><SPAN class="ft3">dels </SPAN>att 8 kap. 8 f § ska upphöra att gälla,</P>
<P class="p65 ft2"><SPAN class="ft3">dels </SPAN>att rubriken närmast före 8 kap. 8 f § ska utgå,</P>
<P class="p124 ft2"><SPAN class="ft3">dels </SPAN>att 1 kap. 4 a, 4 b och 5 §§, 3 kap. 6 och 7 §§, 7 kap. 1 §, 8 kap. 4, 5 och 35 §§, 8 a kap. 9 §, 8 b kap. 4 §, 12 kap. 7 §, 13 kap. 1 i §, 23 kap. 4 §, 25 kap. 1 d § och rubriken närmast före 3 kap. 7 § ska ha följande lydelse,</P>
<P class="p87 ft2"><SPAN class="ft3">dels </SPAN>att det ska införas fyra nya paragrafer, 2 kap. 1 c § och 8 kap. 1 a,</P>
<P class="p1065 ft2">1 b och 4 c §§, och närmast före 2 kap. 1 c § och 8 kap. 4 c § nya rubriker av följande lydelse.</P>
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<TABLE cellpadding=0 cellspacing=0 style="width: 304px;margin-left: 127px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr4 td109"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p454 ft22">1 kap.</P>
<P class="p367 ft2">4 a §<SPAN class="ft20">2</SPAN></P>
<P class="p474 ft2">I denna lag betyder</P>
<P class="p490 ft3">direktivet om marknader för finansiella instrument<SPAN class="ft2">: Europaparlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument och om ändring av direktiv 2002/92/EG och av direktiv 2011/61/EU, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2016/1034,</SPAN></P>
<P class="p498 ft2"><SPAN class="ft3">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i den ursprungliga lydelsen,</P>
<P class="p562 ft2"><SPAN class="ft3">marknadsmissbruksförordningen</SPAN>: Europaparlamentets och rådets förordning (EU) nr 596/2014 av den 16 april 2014 om marknadsmissbruk</P>
<P class="p541 ft2">(marknadsmissbruksförordning) och om upphävande av Europaparlamentets och rådets direktiv 2003/6/EG och kommissionens direktiv 2003/124/EG, 2003/125/EG och 2004/72/EG,</P>
<P class="p477 ft2"><SPAN class="ft3">prospektförordningen</SPAN>: Europaparlamentets och rådets förordning (EU) 2017/1129 av den 14 juli 2017 om prospekt som ska offentliggöras när värdepapper erbjuds till allmänheten eller tas upp till handel på en reglerad marknad, och om upphävande av direktiv 2003/71/EG,</P>
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<TD class="tr14 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr14 td120"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft39">1</P></TD>
<TD style="padding: 0px;margin: 0px;width: 385px;vertical-align: bottom;" class="tr14"><P class="p79 ft27">Jfr Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om</P></TD>
</TR>
<TR>
<TD class="tr8 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=2 style="padding: 0px;margin: 0px;width: 496px;vertical-align: bottom;" class="tr8"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft27">tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG,</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr11 td127"><P class="p16 ft2">450</P></TD>
<TD colspan=2 style="padding: 0px;margin: 0px;width: 496px;vertical-align: bottom;" class="tr8"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft43">2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU.</P></TD>
</TR>
<TR>
<TD class="tr14 td120"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft39">2</P></TD>
<TD style="padding: 0px;margin: 0px;width: 385px;vertical-align: bottom;" class="tr14"><P class="p79 ft29">Senaste lydelse 2019:419.</P></TD>
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<P class="p69 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">: Europa- parlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni</SPAN></P>
<P class="p759 ft2">2013 om tillsynskrav för kreditinstitut <SPAN class="ft3">och värdepappers- företag </SPAN>och om ändring av för- ordning (EU) nr 648/2012,</P>
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<DIV style="float:left;border:none;margin: 0px 0px 0px 14px;padding: 0px;border:none;width: 352px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft24">tillsynsförordningen</SPAN>: Europa- Prop. 2020/21:173 parlamentets och rådets förordning Bilaga 7</P>
<P class="p102 ft2">(EU) nr 575/2013 av den 26 juni</P>
<P class="p707 ft2">2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012,</P>
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<DIV style="border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<P style="text-align: left;padding-left: 204px;padding-right: 163px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft24">värdepappersbolagsförord- ningen</SPAN><SPAN class="ft2">: </SPAN>Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföre- tag och om ändring av förord- ningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014,</P>
<P style="text-align: justify;padding-right: 162px;margin-top: 3px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft3">öppenhetsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2004/109/EG av den 15 december 2004 om harmonisering av insynskraven angående upplysningar om emittenter vars värdepapper är upptagna till handel på en reglerad marknad och om ändring av direktiv 2001/34/EG, i lydelsen enligt Europaparlamentets och rådets direktiv 2013/50/EU.</P>
<P class="p353 ft2">4 b §<SPAN class="ft20">3</SPAN></P>
<P class="p87 ft2">I denna lag betyder</P>
<P class="p92 ft2"><SPAN class="ft3">anknutet ombud</SPAN>: en fysisk eller juridisk person som har träffat avtal med ett svenskt värdepappersinstitut eller ett utländskt värdepappersföretag som hör hemma inom EES om att för bara detta instituts eller företags räkning</P>
<P class="p132 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">marknadsföra investerings- eller sidotjänster,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">ta emot eller vidarebefordra instruktioner eller order avseende investeringstjänster eller finansiella instrument,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">placera finansiella instrument, eller</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">tillhandahålla investeringsrådgivning avseende dessa instrument eller tjänster,</SPAN></P>
<P class="p89 ft2"><SPAN class="ft3">behörig myndighet</SPAN>: i Sverige Finansinspektionen och i särskilt angivna fall Bolagsverket och i övrigt en utländsk myndighet som har behörighet att utöva tillsyn över utländska värdepappersföretag och företag som driver en reglerad marknad eller annan motsvarande marknad eller som har behörighet att utöva tillsyn över emittenter vars överlåtbara värdepapper är upptagna till handel på en reglerad marknad,</P>
<P class="p90 ft2"><SPAN class="ft3">börs</SPAN>: ett svenskt aktiebolag eller en svensk ekonomisk förening som har fått tillstånd enligt denna lag att driva en eller flera reglerade marknader,</P>
<P class="p88 ft2"><SPAN class="ft3">clearingdeltagare</SPAN>: den som får delta i clearingverksamheten hos en clearingorganisation,</P>
<P class="p91 ft2"><SPAN class="ft3">clearingorganisation</SPAN>: ett företag som har fått tillstånd enligt 19 kap. eller Europaparlamentets och rådets förordning (EU) nr 648/2012,</P>
<P class="p91 ft2"><SPAN class="ft3">emittent</SPAN>: i fråga om aktier aktiebolaget och i fråga om annat finansiellt instrument utgivaren eller utfärdaren av instrumentet,</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 29px;font: 7px 'Times New Roman';">
<TR>
<TD class="tr2 td157"><P class="p18 ft29"><SPAN class="ft28">3 </SPAN>Senaste lydelse 2017:679.</P></TD>
<TD class="tr2 td50"><P class="p16 ft2">451</P></TD>
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<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">452</P>
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<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p124 ft3">godkänd rapporteringsmekanism <NOBR>(ARM-leverantör)<SPAN class="ft2">:</SPAN></NOBR><SPAN class="ft2"> en fysisk eller juridisk person som har tillstånd att för värdepappersinstituts räkning rapportera uppgifter om transaktioner till behöriga myndigheter eller Europeiska värdepappers- och marknadsmyndigheten,</SPAN></P>
<P class="p121 ft3">godkänt publiceringsarrangemang <NOBR>(APA-leverantör)<SPAN class="ft2">:</SPAN></NOBR><SPAN class="ft2"> en fysisk eller juridisk person som har tillstånd att för värdepappersinstituts räkning publicera rapporter om värdepappershandeln enligt artiklarna 20 och 21 i förordningen om marknader för finansiella instrument,</SPAN></P>
<P class="p832 ft2"><SPAN class="ft3">handelsplats</SPAN>: en reglerad marknad, en multilateral handelsplattform (MTF- plattform) eller en organiserad handelsplattform <NOBR>(OTF-plattform),</NOBR></P>
<P class="p65 ft2"><SPAN class="ft3">handelsplattform</SPAN>: en <NOBR>MTF-plattform</NOBR> eller en <NOBR>OTF-plattform,</NOBR></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td109"><P class="p108 ft3"><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">: en bank, ett</SPAN></P></TD>
<TD class="tr4 td110"><P class="p16 ft3"><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">: en bank, ett</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">kreditmarknadsföretag eller ett</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">kreditmarknadsföretag eller ett</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p108 ft2">utländskt bank- eller kreditföretag</P></TD>
<TD class="tr5 td110"><P class="p16 ft2">utländskt bank- eller kreditföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">som driver bank- eller finan-</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">som driver bank- eller finan-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p300 ft31">sieringsrörelse från filial i Sverige<SPAN class="ft21">,</SPAN></P></TD>
<TD class="tr4 td110"><P class="p16 ft2">sieringsrörelse från filial i Sverige</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td110"><P class="p16 ft3">eller ett sådant företag som avses i</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p186 ft21">artikel 4.1.1 b i tillsynsförordningen<SPAN class="ft31">,</SPAN></P></TD>
</TR>
</TABLE>
<P class="p121 ft3">leverantör av datarapporteringstjänster<SPAN class="ft2">: en godkänd rapporterings- mekanism </SPAN><NOBR><SPAN class="ft2">(ARM-leverantör),</SPAN></NOBR><SPAN class="ft2"> ett godkänt publiceringsarrangemang </SPAN><NOBR><SPAN class="ft2">(APA-leverantör)</SPAN></NOBR><SPAN class="ft2"> eller en tillhandahållare av konsoliderad handels- information </SPAN><NOBR><SPAN class="ft2">(CTP-leverantör),</SPAN></NOBR></P>
<P class="p121 ft2"><SPAN class="ft3">marknadsgarant</SPAN>: en person som på fortlöpande basis åtagit sig att på finansiella marknader handla för egen räkning genom att köpa och sälja finansiella instrument med utnyttjande av egna tillgångar till priser som fastställts av denne,</P>
<P class="p121 ft2"><SPAN class="ft3">marknadsoperatör</SPAN>: en börs eller en eller flera juridiska personer i ett annat land inom EES som driver en eller flera reglerade marknader,</P>
<P class="p121 ft2"><NOBR><SPAN class="ft3">MTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som sammanför flera tredjeparters köp- och säljintressen i finansiella instrument – inom systemet och i enlighet med icke skönsmässiga regler – så att det leder till ett kontrakt,</P>
<P class="p121 ft2"><NOBR><SPAN class="ft3">OTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som inte är en reglerad marknad eller en <NOBR>MTF-plattform,</NOBR> och inom vilket flera tredjeparters köp- och säljintressen i obligationer, strukturerade finansiella produkter, utsläppsrätter eller derivat kan interagera inom systemet så att det leder till ett kontrakt,</P>
<P class="p132 ft2"><SPAN class="ft3">professionell kund</SPAN>: en sådan kund som avses i 9 kap. 4 eller 5 §,</P>
<P class="p124 ft2"><SPAN class="ft3">reglerad marknad</SPAN>: ett multilateralt system inom EES som sammanför eller möjliggör sammanförande av ett flertal köp- och säljintressen i finansiella instrument från tredjepart – regelmässigt, inom systemet och i enlighet med icke skönsmässiga regler – så att det leder till ett kontrakt,</P>
<P class="p132 ft2"><SPAN class="ft3">statlig emittent</SPAN>: någon av följande som emitterar skuldinstrument:</P>
<P class="p65 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">Europeiska unionen,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">en stat inom EES, inbegripet förvaltningar, organ eller en särskild funktion i staten,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">när det gäller en federal stat inom EES, en delstat i federationen,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">en särskild funktion för flera stater inom EES,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">en internationell finansinstitution som etablerats av minst två stater inom EES och vars mål är att ordna finansiering och tillhandahålla</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_453" style="position:relative; overflow: hidden;margin: 53px 0px 77px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p114 ft2">finansiellt bistånd till de stater som har eller riskerar att få allvarliga finansieringsproblem, och</P>
<P class="p65 ft2">6. Europeiska investeringsbanken,</P>
<P class="p105 ft2"><SPAN class="ft3">systematisk internhandlare</SPAN>: ett värdepappersinstitut som i en organiserad, frekvent, systematisk och väsentlig omfattning handlar för egen räkning när det utför kundorder utanför en reglerad marknad eller en handelsplattform utan att utnyttja ett multilateralt system,</P>
<P class="p215 ft21">tillhandahållare av konsoliderad handelsinformation <NOBR>(CTP-leverantör)<SPAN class="ft31">:</SPAN></NOBR><SPAN class="ft31"> en fysisk eller juridisk person som har tillstånd för att samla in rapporter om handeln med de finansiella instrument som anges i artiklarna 6, 7, 10, 12, 13, 20 och 21 i förordningen om marknader för finansiella instrument från handelsplatser och från en eller flera </SPAN><NOBR><SPAN class="ft31">APA-leverantörer</SPAN></NOBR><SPAN class="ft31"> samt</SPAN></P>
<P class="p894 ft2">konsolidera rapporterna till ett kontinuerligt elektroniskt informationsflöde med uppgifter om priser och volymer per finansiellt instrument,</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 16px;margin-bottom: 0px;text-indent: 11px;" class="ft3">tillväxtmarknad för små och medelstora företag<SPAN class="ft2">: en </SPAN><NOBR><SPAN class="ft2">MTF-plattform</SPAN></NOBR><SPAN class="ft2"> som är registrerad som en tillväxtmarknad för små och medelstora företag hos Finansinspektionen enligt 11 kap. </SPAN><NOBR><SPAN class="ft2">13–15</SPAN></NOBR><SPAN class="ft2"> §§ eller hos en behörig myndighet i ett annat land inom EES,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft3">utländskt kreditinstitut</SPAN>: ett kreditinstitut enligt 1 kap. 5 § första stycket 21 lagen (2004:297) om bank- och finansieringsrörelse,</P>
<P class="p105 ft2"><SPAN class="ft3">utländskt värdepappersföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva värdepappersrörelse,</P>
<P class="p446 ft2"><SPAN class="ft3">värdepappersbolag</SPAN>: ett svenskt aktiebolag som har fått tillstånd enligt denna lag att driva värdepappersrörelse och som inte är ett bankaktiebolag eller ett kreditmarknadsbolag enligt lagen om bank- och finansieringsrörelse,</P>
<P class="p115 ft2"><SPAN class="ft3">värdepapperscentral</SPAN>: en värdepapperscentral enligt definitionen i artikel 2.1.1 i förordningen om värdepapperscentraler, och</P>
<P class="p103 ft2"><SPAN class="ft3">värdepappersinstitut</SPAN>: ett värdepappersbolag, ett svenskt kreditinstitut som har fått tillstånd enligt denna lag att driva värdepappersrörelse eller ett utländskt företag som driver värdepappersrörelse från filial i Sverige eller genom att använda anknutna ombud etablerade i Sverige.</P>
<P class="p106 ft2">5 §<SPAN class="ft20">4</SPAN></P>
<P class="p87 ft2">I denna lag betyder</P>
<P class="p103 ft2"><SPAN class="ft3">algoritmisk handel</SPAN>: handel med finansiella instrument där en dator- algoritm automatiskt bestämmer enskilda orderparametrar med begränsat eller inget mänskligt ingripande,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=4 class="tr5 td50"><P class="p107 ft2"><SPAN class="ft24">betydande filial</SPAN>: en filial som är</P></TD>
<TD colspan=2 class="tr5 td85"><P class="p16 ft2"><SPAN class="ft24">betydande filial</SPAN>: en filial som är</P></TD>
</TR>
<TR>
<TD class="tr4 td230"><P class="p18 ft2">betydande</P></TD>
<TD colspan=3 class="tr4 td254"><P class="p108 ft2">enligt artikel 51.1 i</P></TD>
<TD class="tr4 td100"><P class="p18 ft2">betydande enligt</P></TD>
<TD class="tr4 td74"><P class="p16 ft2">artikel 51.1 i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td99"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td156"><P class="p107 ft31">rådets</P></TD>
<TD class="tr5 td100"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td74"><P class="p16 ft2">och rådets</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p107 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=2 class="tr4 td85"><P class="p16 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p107 ft2">2013 om behörighet att utöva</P></TD>
<TD colspan=2 class="tr4 td85"><P class="p16 ft2">2013 om behörighet att utöva</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p108 ft2">verksamhet i kreditinstitut och om</P></TD>
<TD colspan=2 class="tr5 td85"><P class="p16 ft2">verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p108 ft2">särskild tillsyn av kreditinstitut <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=2 class="tr4 td85"><P class="p16 ft2">särskild tillsyn av kreditinstitut, om</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p108 ft21">värdepappersföretag<SPAN class="ft31">, om ändring av</SPAN></P></TD>
<TD colspan=2 class="tr4 td85"><P class="p16 ft2">ändring av direktiv 2002/87/EG och</P></TD>
</TR>
<TR>
<TD class="tr5 td230"><P class="p18 ft2">direktiv</P></TD>
<TD class="tr5 td80"><P class="p18 ft2">2002/87/EG</P></TD>
<TD class="tr5 td47"><P class="p42 ft2">och</P></TD>
<TD class="tr5 td156"><P class="p108 ft2">om</P></TD>
<TD class="tr5 td100"><P class="p18 ft2">om upphävande</P></TD>
<TD class="tr5 td74"><P class="p16 ft3"><SPAN class="ft2">av </SPAN>direktiven</P></TD>
</TR>
</TABLE>
<P class="p188 ft29"><SPAN class="ft25">4</SPAN><SPAN class="ft32">Senaste lydelse 2017:679.</SPAN></P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">453</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_454" style="position:relative; overflow: hidden;margin: 50px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:709px;left:330px;width:190px;height:45px;"><SPAN class="ft24">kapitalbas</SPAN><SPAN class="ft2">: </SPAN><SPAN class="ft3">för andra värde- pappersbolag än de som avses i 1 kap. 2 § första stycket 3 d, 5 a och</SPAN></DIV>
<DIV style="position:absolute;top:755px;left:330px;width:190px;height:30px;"><SPAN class="ft3">5 b §§ lagen (2014:968) om särskild tillsyn över kreditinstitut</SPAN></DIV>
<TABLE cellpadding=0 cellspacing=0 class="t82">
<TR>
<TD class="tr2 td199"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD colspan=7 class="tr2 td109"><P class="p18 ft2">upphävande av <SPAN class="ft3">direktiv </SPAN>2006/48/EG</P></TD>
<TD colspan=2 class="tr2 td222"><P class="p18 ft2">2006/48/EG</P></TD>
<TD colspan=2 class="tr2 td202"><P class="p16 ft2">och 2006/49/EG, i</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft2">Bilaga 7</P></TD>
<TD colspan=2 class="tr5 td89"><P class="p18 ft2">och</P></TD>
<TD colspan=2 class="tr5 td138"><P class="p18 ft2">2006/49/EG,</P></TD>
<TD class="tr5 td273"><P class="p18 ft2">i</P></TD>
<TD colspan=2 class="tr5 td24"><P class="p108 ft3">den</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft21">lydelsen enligt Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td381"><P class="p18 ft3">ursprungliga lydelsen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td222"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td222"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p16 ft3">rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td139"><P class="p18 ft3">direktiv (EU) 2019/2034<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr14 td199"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td87"><P class="p18 ft69"> </P></TD>
<TD colspan=2 class="tr14 td183"><P class="p18 ft75">blandat</P></TD>
<TD class="tr14 td72"><P class="p18 ft75">finansiellt</P></TD>
<TD class="tr14 td273"><P class="p18 ft69"> </P></TD>
<TD colspan=2 class="tr14 td24"><P class="p108 ft67">holding-</P></TD>
<TD class="tr14 td210"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td183"><P class="p18 ft75">blandat</P></TD>
<TD class="tr14 td222"><P class="p18 ft75">finansiellt</P></TD>
<TD class="tr14 td156"><P class="p16 ft67">holding-</P></TD>
</TR>
<TR>
<TD class="tr47 td199"><P style="font: 1px 'Times New Roman';line-height: 2px;" class="p18"> </P></TD>
<TD class="tr47 td87"><P style="font: 1px 'Times New Roman';line-height: 2px;" class="p18"> </P></TD>
<TD colspan=5 style="padding: 0px;margin: 0px;width: 178px;vertical-align: bottom;background: #000000;" class="tr47"><P style="font: 1px 'Times New Roman';line-height: 2px;" class="p18"> </P></TD>
<TD class="tr47 td6"><P style="font: 1px 'Times New Roman';line-height: 2px;" class="p18"> </P></TD>
<TD class="tr47 td210"><P style="font: 1px 'Times New Roman';line-height: 2px;" class="p18"> </P></TD>
<TD colspan=3 style="padding: 0px;margin: 0px;width: 178px;vertical-align: bottom;background: #000000;" class="tr47"><P style="font: 1px 'Times New Roman';line-height: 2px;" class="p18"> </P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft24">företag</SPAN>: ett holdingföretag enligt</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2"><SPAN class="ft24">företag</SPAN>: ett holdingföretag enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft3"><SPAN class="ft2">artikel </SPAN>4.1.21 i tillsynsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft21"><SPAN class="ft31">artikel </SPAN>4.1.40 i värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td222"><P class="p18 ft21">förordningen<SPAN class="ft31">,</SPAN></P></TD>
<TD class="tr5 td222"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p477 ft3">blandat finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">kreditinstitut, värdepappersbolag eller </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p475 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">annat blandat finansiellt holdingföretag eller ett finansiellt holdingföretag som är etablerat i något annat land inom EES,</SPAN></P>
<P class="p490 ft2"><SPAN class="ft3">börshandlad fond</SPAN>: en fond där minst en andels- eller aktieklass handlas hela dagen på minst en handelsplats och med minst en marknadsgarant som vidtar åtgärder för att säkerställa att andels- eller aktiepriset på handelsplatsen inte i betydande grad skiljer sig från dess nettotillgångsvärde och, i tillämpliga fall, från dess preliminära nettotillgångsvärde,</P>
<P class="p498 ft2"><SPAN class="ft3">direkt elektroniskt tillträde</SPAN>: ett handelsplatsarrangemang där en deltagare på en handelsplats ger en person tillåtelse att använda del- tagarens handelskod så att personen elektroniskt kan vidarebefordra order avseende ett finansiellt instrument direkt till handelsplatsen,</P>
<P class="p505 ft2"><SPAN class="ft3">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p490 ft2"><NOBR><SPAN class="ft3">EES-institut</SPAN>:</NOBR> ett utländskt kreditinstitut eller ett utländskt värde- pappersföretag som är hemmahörande i något annat land inom EES än Sverige,</P>
<P class="p477 ft2"><SPAN class="ft3">filial</SPAN>: ett avdelningskontor med självständig förvaltning, varvid även ett utländskt värdepappersföretags etablering av flera driftställen i Sverige ska anses som en enda filial,</P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD class="tr5 td116"><P class="p39 ft3"><SPAN class="ft24">finansiellt holdingföretag</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr5 td56"><P class="p108 ft31">ett</P></TD>
<TD colspan=2 class="tr5 td110"><P class="p16 ft3"><SPAN class="ft24">finansiellt holdingföretag</SPAN><SPAN class="ft2">: ett</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">holdingföretag enligt artikel <SPAN class="ft3">4.1.20 i</SPAN></P></TD>
<TD class="tr4 td252"><P class="p18 ft2">holdingföretag enligt artikel <SPAN class="ft3">4.1.16</SPAN></P></TD>
<TD class="tr4 td273"><P class="p16 ft3">i</P></TD>
</TR>
<TR>
<TD class="tr4 td116"><P class="p18 ft3">tillsynsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td252"><P class="p18 ft21">värdepappersbolagsförordningen<SPAN class="ft31">,</SPAN></P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p108 ft3"><SPAN class="ft24">finansiellt institut</SPAN><SPAN class="ft2">: ett finansiellt</SPAN></P></TD>
<TD colspan=2 class="tr5 td110"><P class="p16 ft3"><SPAN class="ft24">finansiellt institut</SPAN><SPAN class="ft2">: ett finansiellt</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td116"><P class="p18 ft2">institut enligt artikel <SPAN class="ft3">4.1.26</SPAN></P></TD>
<TD class="tr4 td56"><P class="p108 ft3">i</P></TD>
<TD class="tr4 td252"><P class="p18 ft2">institut enligt artikel <SPAN class="ft3">4.1.14</SPAN></P></TD>
<TD class="tr4 td273"><P class="p16 ft3">i</P></TD>
</TR>
<TR>
<TD class="tr4 td116"><P class="p18 ft3">tillsynsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td252"><P class="p18 ft21">värdepappersbolagsförordningen<SPAN class="ft31">,</SPAN></P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p477 ft3">finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">kreditinstitut, värdepappersbolag eller </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p476 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">annat finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft3">hemland</SPAN>: det land där ett företag har fått tillstånd att driva sådan verksamhet som avses i denna lag,</P>
<P class="p476 ft3">holdingföretag med blandad verksamhet<SPAN class="ft2">: holdingföretag enligt artikel 4.1.22 i tillsynsförordningen,</SPAN></P>
<P style="text-align: left;padding-left: 127px;padding-right: 272px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft24">kapitalbas</SPAN>: detsamma som i artikel 72 i tillsynsförordningen,</P>
<P class="p188 ft2">454</P>
</DIV>
<DIV id="page_455" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p542 ft3">och värdepappersbolag detsamma som i artikel 9 i värdepappers- bolagsförordningen och för övriga företag <SPAN class="ft2">detsamma som i artikel 72 i tillsynsförordningen,</SPAN></P>
<P class="p87 ft3">koncern<SPAN class="ft2">:</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">i 8 a, 8 b och 25 b kap., detsamma som i 2 kap. 1 § lagen (2015:1016) om resolution,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">i övriga kapitel, detsamma som i 1 kap. 11 och 12 §§ aktie- bolagslagen (2005:551), varvid det som sägs om moderbolag tillämpas även på andra juridiska personer än aktiebolag,</SPAN></P>
<P class="p446 ft31"><SPAN class="ft21">koncernåterhämtningsplan</SPAN>: en plan som upprättats av ett moderföretag inom EES i syfte att identifiera åtgärder som de företag i en grupp som omfattas av gruppbaserad tillsyn avser att vidta för att bevara eller återställa koncernens eller ett i koncernen ingående värdepappersbolags eller utländskt värdepappersföretags finansiella ställning och livskraft efter en betydande försämring av den finansiella situationen,</P>
<P class="p115 ft2"><SPAN class="ft3">kvalificerat innehav</SPAN>: ett direkt eller indirekt ägande i ett företag, om innehavet beräknat på det sätt som anges i 5 a § representerar tio procent eller mer av kapitalet eller av samtliga röster eller annars möjliggör ett väsentligt inflytande över ledningen av företaget,</P>
<P class="p115 ft2"><SPAN class="ft3">likvid marknad</SPAN>: en marknad för ett finansiellt instrument eller en klass av finansiella instrument, där det ständigt finns beredda och villiga köpare och säljare, enligt en bedömning utifrån</P>
<P class="p116 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">den genomsnittliga transaktionsfrekvensen och transaktionsvolymen under ett antal marknadsvillkor,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">antalet och typen av marknadsaktörer, och</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">den genomsnittliga storleken på skillnader mellan köp- och säljkurser (spreadar),</SPAN></P>
<P class="p65 ft3">matchad principalhandel<SPAN class="ft2">: en transaktion</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">där en mellanhand träder in mellan köpare och säljare på ett sådant sätt att mellanhanden under transaktionens utförande aldrig exponeras för marknadsrisk,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">där båda sidor av transaktionen genomförs samtidigt, och</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">som genomförs till ett pris som innebär att mellanhanden inte gör någon vinst eller förlust, förutom tidigare tillkännagivna arvoden eller avgifter för transaktionen,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft3">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moderholdingföretag inom EES eller ett blandat finansiellt moderholdingföretag inom EES,</P>
<P class="p105 ft2"><SPAN class="ft3">moderinstitut inom EES</SPAN>: ett kreditinstitut, värdepappersbolag eller EES- institut som är ett moderföretag och som inte självt är ett dotterföretag till ett</P>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">annat kreditinstitut, värdepappersbolag eller </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p109 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p116 ft2"><SPAN class="ft3">multilateralt system</SPAN>: ett system där flera tredjeparters köp- och säljintressen i finansiella instrument kan interagera inom systemet,</P>
<P class="p105 ft2"><SPAN class="ft3">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som ansvarar för att utöva gruppbaserad tillsyn av moderinstitut inom EES och av värdepappersbolag och kreditinstitut som kontrolleras av finansiella</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">455</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_456" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">456</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p1065 ft2">moderholdingföretag inom EES eller blandade finansiella moderholdingföretag inom EES,</P>
<P class="p124 ft2"><SPAN class="ft3">små och medelstora företag</SPAN>: företag som har ett genomsnittligt börsvärde som understeg 200 miljoner euro beräknat på slutkurser för de</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr5 td1"><P class="p18 ft2">tre föregående kalenderåren,</P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td110"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p39 ft2"><SPAN class="ft24">startkapital</SPAN>: det kapital som <SPAN class="ft3">för</SPAN></P></TD>
<TD class="tr4 td110"><P class="p16 ft3"><SPAN class="ft24">startkapital</SPAN><SPAN class="ft2">: </SPAN>för andra värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft3">värdepappersföretag</P></TD>
<TD class="tr4 td98"><P class="p18 ft2">avses</P></TD>
<TD class="tr4 td16"><P class="p80 ft2">i</P></TD>
<TD class="tr4 td110"><P class="p16 ft3">pappersbolag än de som avses i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td1"><P class="p18 ft2">artikel 4.51 i tillsynsförordningen,</P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td110"><P class="p16 ft3">1 kap. 2 § första stycket 3 d lagen</P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p16 ft21">(2014:968) om särskild tillsyn över</P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p16 ft21">kreditinstitut och värdepappersbolag,</P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td110"><P class="p16 ft3">det kapital som för värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p16 ft21">pappersföretag avses i artikel 4.1.18</P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p16 ft21">i värdepappersbolagsförordningen,</P></TD>
</TR>
<TR>
<TD class="tr5 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td110"><P class="p16 ft2"><SPAN class="ft3">och i övrigt </SPAN>det kapital som avses i</P></TD>
</TR>
<TR>
<TD class="tr4 td41"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p30 ft31">artikel 4.51 i tillsynsförordningen,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td1"><P class="p39 ft3">strukturerad insättning<SPAN class="ft2">: en</SPAN></P></TD>
<TD colspan=2 class="tr4 td296"><P class="p16 ft2">insättning enligt definitionen i 2 §</P></TD>
</TR>
</TABLE>
<P class="p680 ft2">lagen (1995:1571) om insättningsgaranti, som måste betalas helt på förfallodagen enligt villkor som innebär att eventuell ränta eller premie ska beräknas utifrån</P>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">ett index eller en kombination av index, med undantag för ränteindex,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">ett finansiellt instrument eller en kombination av finansiella instrument,</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">en råvara eller en kombination av råvaror eller andra </SPAN><NOBR>icke-fungibla</NOBR> tillgångar,</P>
<P class="p87 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">en valutakurs eller en kombination av valutakurser, eller</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">andra faktorer,</SPAN></P>
<P class="p123 ft3">strukturerade finansiella produkter<SPAN class="ft2">: detsamma som i artikel 2.1.28 i förordningen om marknader för finansiella instrument,</SPAN></P>
<P class="p122 ft3">teknik för algoritmisk högfrekvenshandel<SPAN class="ft2">: en teknik för algoritmisk handel som kännetecknas av</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">att infrastrukturen är avsedd att minimera fördröjning (latens) genom samlokalisering, närvärdskap eller elektroniskt höghastighetstillträde,</SPAN></P>
<P class="p124 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">att systemet beslutar när en order ska initieras, genereras, styras eller utföras utan mänsklig medverkan för enskilda handelstransaktioner eller enskilda order, och</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">stor mängd intradagsmeddelanden som utgör order, bud eller annulleringar,</SPAN></P>
<P class="p87 ft3">varaktigt medium<SPAN class="ft2">: ett medel som</SPAN></P>
<P class="p124 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">gör det möjligt för kunden att bevara information som riktas till denne personligen på ett sätt som är tillgängligt för användning i framtiden och under en tid som är lämplig med hänsyn till vad som är avsikten med informationen, och</SPAN></P>
<P class="p125 ft31"><SPAN class="ft2">2.</SPAN><SPAN class="ft34">möjliggör oförändrad återgivning av den bevarade informationen, och </SPAN><SPAN class="ft21">återhämtningsplan</SPAN>: en plan som upprättas av ett värdepappersbolag i syfte att vidta åtgärder som bolaget avser att vidta för att bevara eller återställa sin finansiella ställning och livskraft efter en betydande försämring av den</P>
<P class="p102 ft2">finansiella situationen.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_457" style="position:relative; overflow: hidden;margin: 50px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<TABLE cellpadding=0 cellspacing=0 style="width: 327px;margin-left: 179px;font: 13px 'Times New Roman';">
<TR>
<TD style="padding: 0px;margin: 0px;width: 227px;vertical-align: bottom;" class="tr2"><P class="p18 ft22">2 kap.</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD style="padding: 0px;margin: 0px;width: 227px;vertical-align: bottom;" class="tr5"><P class="p158 ft24">Värdepappersinriktat kreditinstitut</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 7</P></TD>
</TR>
</TABLE>
<P class="p161 ft3">1 c §</P>
<P style="text-align: left;padding-left: 215px;margin-top: 0px;margin-bottom: 0px;" class="ft3">Ett sådant företag som avses i</P>
<P style="text-align: justify;padding-left: 204px;padding-right: 158px;margin-top: 0px;margin-bottom: 0px;" class="ft21">1 kap. 2 § första stycket 3 c lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappers- bolag ska söka tillstånd hos Finans- inspektionen som värdepappersin- riktat kreditinstitut.</P>
<P style="text-align: justify;padding-left: 204px;padding-right: 163px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Ansökan enligt första stycket ska göras senast:</P>
<P class="p222 ft21"><SPAN class="ft3">1.</SPAN><SPAN class="ft54">när genomsnittet av de sam- lade månatliga tillgångarna, beräk- nat över en sammanhängande tolv- månadersperiod, uppgår till minst 30 miljarder euro, eller</SPAN></P>
<P class="p226 ft21"><SPAN class="ft3">2.</SPAN><SPAN class="ft54">om bolaget ingår i en grupp, när det totala värdet av de kon- soliderade tillgångarna i samtliga företag i gruppen som bedriver någon av de verksamheter som avses i 2 kap. 1 § 3 eller 6, beräknat över en sammanhängande tolv- månadersperiod, uppgår till minst 30 miljarder euro.</SPAN></P>
<P style="text-align: left;padding-left: 215px;margin-top: 3px;margin-bottom: 0px;" class="ft3">Finansinspektionen ska återkalla</P>
<P style="text-align: justify;padding-left: 204px;padding-right: 158px;margin-top: 0px;margin-bottom: 0px;" class="ft21">ett tillstånd som värde- pappersinriktat kreditinstitut, om bolaget eller gruppen under en sammanhängande femårsperiod har haft genomsnittliga samlade till- gångar som understiger de tröskel- värden som anges i andra stycket.</P>
<P style="text-align: left;padding-left: 179px;margin-top: 20px;margin-bottom: 0px;" class="ft22">3 kap.</P>
<P class="p455 ft2">6 §<SPAN class="ft20">5</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td50"><P class="p108 ft2">Ett värdepappersbolag ska <SPAN class="ft3">när</SPAN></P></TD>
<TD class="tr5 td85"><P class="p39 ft2">Ett värdepappersbolag ska ha ett</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft3">verksamheten påbörjas <SPAN class="ft2">ha ett start-</SPAN></P></TD>
<TD class="tr4 td85"><P class="p18 ft2">startkapital som vid tidpunkten för</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">kapital som vid tidpunkten för</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">beslut om tillstånd motsvarar</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p127 ft2">beslut om tillstånd motsvarar</P></TD>
<TD class="tr5 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p88 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">minst 5 000 000 euro om bolagets verksamhet ska innefatta mottagande av medel på konto enligt 2 kap. 2 § första stycket 8,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr5 td50"><P class="p39 ft2">2. minst <SPAN class="ft3">730 000 </SPAN>euro om bolaget</P></TD>
<TD class="tr5 td157"><P class="p204 ft2">2. minst <SPAN class="ft3">750 000 </SPAN>euro om bolaget</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">ska driva verksamhet som avses i</P></TD>
<TD class="tr4 td157"><P class="p204 ft2">ska driva verksamhet som avses i</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">2 kap. 1 § 3<SPAN class="ft3">, </SPAN>6 <SPAN class="ft3">och 8,</SPAN></P></TD>
<TD class="tr4 td157"><P style="text-align: right;padding-right: 197px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">2 kap. 1 § 3 <SPAN class="ft3">eller </SPAN>6,</P></TD>
</TR>
<TR>
<TD style="height: 63px;" class="td50"><P class="p18 ft29"><SPAN class="ft28">5 </SPAN>Senaste lydelse 2018:1226.</P></TD>
<TD style="height: 63px;" class="td157"><P class="p16 ft2">457</P></TD>
</TR>
</TABLE>
</DIV>
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<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">458</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 203px;overflow: hidden;">
<P class="p130 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">minst </SPAN><SPAN class="ft3">125 000 </SPAN>euro om inte högre belopp krävs enligt 1 eller 2, och</P>
<P class="p131 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">minst </SPAN><SPAN class="ft3">50 000 </SPAN>euro om bolaget ska driva enbart verksamhet som avses i 2 kap. 1 § 1 eller 5 och inte kommer att inneha kunders medel eller värdepapper.</P>
<P class="p132 ft3">Ett värdepappersbolag som avses</P>
<P style="text-align: left;padding-right: 14px;margin-top: 0px;margin-bottom: 0px;" class="ft3"><SPAN class="ft21">i</SPAN><SPAN class="ft52">första stycket 4 får som ett alternativ till startkapital ha</SPAN></P>
<P class="p130 ft3"><SPAN class="ft3">1.</SPAN><SPAN class="ft53">en ansvarsförsäkring med ett försäkringsbelopp om mot-</SPAN></P>
<P style="text-align: justify;padding-right: 14px;margin-top: 1px;margin-bottom: 0px;" class="ft3">svarande minst 1 000 000 euro per skadeståndskrav och minst 1 500 000 euro per år för samtliga skadeståndskrav,</P>
<P class="p131 ft3"><SPAN class="ft3">2.</SPAN><SPAN class="ft53">en garanti eller liknande ut- fästelse som ger ett motsvarande skydd, eller</SPAN></P>
<P class="p131 ft3"><SPAN class="ft3">3.</SPAN><SPAN class="ft53">en kombination av startkapital och försäkring eller garanti eller liknande utfästelse som ger ett motsvarande skydd.</SPAN></P>
<P class="p115 ft21">Om värdepappersbolaget är registrerat som försäkringsför- medlare enligt 2 kap. 3 § lagen (2018:1219) om försäkringsdistri- bution, gäller dock i stället för första stycket 4 att bolaget ska ha ett startkapital som motsvarar minst 25 000 euro eller ha en ansvars- försäkring eller en garanti eller liknande utfästelse som täcker den skadeståndsskyldighet som kan upp- komma till följd av verksamheten. Antingen ska försäkringsbeloppet uppgå till motsvarande minst 500 000 euro per skadeståndskrav och minst 750 000 euro per år för samtliga skadeståndskrav eller ska bolaget ha en kombination av start- kapital och försäkring eller garanti eller liknande utfästelse som ger ett motsvarande skydd.</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 190px;overflow: hidden;">
<P style="text-align: justify;margin-top: 0px;margin-bottom: 0px;text-indent: 12px;" class="ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">minst </SPAN><SPAN class="ft3">150 000 </SPAN>euro om inte högre belopp krävs enligt 1 eller 2, och</P>
<P class="p210 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">minst </SPAN><SPAN class="ft3">75 000 </SPAN>euro om bolaget ska driva enbart verksamhet som avses i 2 kap. 1 § 1<SPAN class="ft3">, 2, 4, </SPAN>5 <SPAN class="ft3">eller 7 </SPAN>och inte kommer att inneha kunders medel eller värdepapper.</P>
<P class="p603 ft3">Startkapitalet ska för värde- pappersbolag som avses i första stycket <NOBR>2–4</NOBR> vara sammansatt i enlighet med artikel 9 i värde- pappersbolagsförordningen och för värdepappersbolag enligt första stycket 1 sammansatt enligt arti- kel 72 i tillsynsförordningen<SPAN class="ft2">.</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_459" style="position:relative; overflow: hidden;margin: 50px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD colspan=5 class="tr2 td50"><P class="p18 ft24">Kapitalkrav under pågående</P></TD>
<TD colspan=3 class="tr2 td267"><P class="p18 ft24">Kapitaltäckning</P></TD>
<TD class="tr2 td221"><P class="p16 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td235"><P class="p18 ft24">verksamhet</P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td221"><P style="text-align: right;padding-right: 55px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">Bilaga 7</P></TD>
</TR>
<TR>
<TD class="tr13 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td75"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td57"><P class="p409 ft2">7 §<SPAN class="ft20">6</SPAN></P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p108 ft2">Bestämmelser om kapitaltäckning</P></TD>
<TD colspan=4 style="padding: 0px;margin: 0px;width: 302px;vertical-align: bottom;" class="tr4"><P class="p25 ft2">Bestämmelser om kapitaltäckning</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft3">och stora exponeringar <SPAN class="ft2">finns i</SPAN></P></TD>
<TD class="tr5 td53"><P class="p18 ft2">finns</P></TD>
<TD class="tr5 td31"><P class="p18 ft2">i</P></TD>
<TD colspan=2 style="padding: 0px;margin: 0px;width: 228px;vertical-align: bottom;" class="tr5"><P class="p25 ft3">tillsynsförordningen,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td235"><P class="p18 ft3">förordning</P></TD>
<TD class="tr4 td37"><P class="p79 ft3">(EU)</P></TD>
<TD colspan=2 class="tr4 td174"><P class="p108 ft3">nr 575/2013<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=4 style="padding: 0px;margin: 0px;width: 302px;vertical-align: bottom;" class="tr4"><P class="p18 ft3">värdepappersbolagsförordningen<SPAN class="ft2">,</SPAN></P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">lagen (2014:968) om särskild tillsyn</P></TD>
<TD colspan=4 style="padding: 0px;margin: 0px;width: 302px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">lagen (2014:968) om särskild tillsyn</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">över kreditinstitut och värde-</P></TD>
<TD colspan=4 style="padding: 0px;margin: 0px;width: 302px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td235"><P class="p18 ft2">pappersbolag</P></TD>
<TD colspan=3 class="tr4 td267"><P class="p108 ft2">och lagen (2014:966)</P></TD>
<TD colspan=2 class="tr4 td235"><P class="p18 ft2">pappersbolag</P></TD>
<TD class="tr4 td132"><P class="p18 ft2">och lagen</P></TD>
<TD class="tr4 td221"><P class="p25 ft2">(2014:966)</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td120"><P class="p18 ft2">om kapitalbuffertar.</P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td267"><P class="p18 ft2">om kapitalbuffertar.</P></TD>
<TD class="tr4 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p108 ft3">Kapitalbasen i ett värdepappers-</P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft3">bolag som inte omfattas av bestäm-</P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td235"><P class="p18 ft3">melserna om</P></TD>
<TD colspan=3 class="tr4 td267"><P class="p107 ft3">kapitaltäckning och</P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td12"><P class="p18 ft3">stora</P></TD>
<TD colspan=2 class="tr5 td91"><P class="p1 ft3">exponeringar</P></TD>
<TD class="tr5 td75"><P class="p77 ft3">enligt</P></TD>
<TD class="tr5 td54"><P class="p107 ft3">första</P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft3">stycket får inte understiga det</P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft3">belopp som enligt <SPAN class="ft2">6 § </SPAN>krävdes när</P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft3">verksamheten påbörjades<SPAN class="ft2">. </SPAN>Om ett</P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft3">sådant värdepappersbolag har bytt</P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td120"><P class="p18 ft3">redovisningsvaluta,</P></TD>
<TD class="tr4 td75"><P class="p18 ft3">gäller</P></TD>
<TD class="tr4 td54"><P class="p107 ft21">i stället</P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft3">att kapitalbasen inte får understiga</P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft3">det högsta av de belopp som avses i</P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft3">6 och 7 §§ lagen (2000:35) om byte</P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft3">av redovisningsvaluta i finansiella</P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td235"><P class="p18 ft3">företag<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td221"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td12"><P class="p39 ft3">Ett</P></TD>
<TD class="tr4 td114"><P class="p18 ft3">sådant</P></TD>
<TD colspan=3 class="tr4 td267"><P class="p107 ft3">värdepappersbolags</P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td221"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-right: 361px;margin-top: 1px;margin-bottom: 0px;" class="ft3">alternativ till startkapital enligt 6 § andra eller tredje stycket får inte i värde understiga vad som krävdes när verksamheten påbörjades.</P>
<P class="p410 ft22"><SPAN class="ft22">7</SPAN><SPAN class="ft23">kap.</SPAN></P>
<P class="p455 ft2"><SPAN class="ft2">1</SPAN><SPAN class="ft17">§</SPAN><SPAN class="ft20">7</SPAN></P>
<P class="p87 ft2">Ett värdepappersbolag får inneha bara</P>
<P class="p65 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">egendom som behövs för att</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">driva värdepappersrörelse, och</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">tillhandahålla sidotjänster eller driva sidoverksamhet,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td72"><P class="p39 ft2">2. aktier,</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p80 ft2">andelar och</P></TD>
<TD class="tr4 td149"><P class="p107 ft2">andra</P></TD>
<TD class="tr4 td72"><P class="p39 ft2">2. aktier,</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p80 ft2">andelar och</P></TD>
<TD colspan=2 class="tr4 td47"><P class="p16 ft2">andra</P></TD>
</TR>
<TR>
<TD class="tr4 td72"><P class="p18 ft2">finansiella</P></TD>
<TD class="tr4 td32"><P class="p18 ft2">instrument</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p107 ft2">med de</P></TD>
<TD class="tr4 td72"><P class="p18 ft2">finansiella</P></TD>
<TD class="tr4 td32"><P class="p18 ft2">instrument</P></TD>
<TD colspan=2 class="tr4 td123"><P class="p18 ft2">med</P></TD>
<TD class="tr4 td69"><P class="p16 ft2">de</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td381"><P class="p18 ft2">begränsningar som anges</P></TD>
<TD class="tr5 td6"><P class="p80 ft2">i</P></TD>
<TD class="tr5 td149"><P class="p108 ft2"><NOBR>2–6</NOBR> §§</P></TD>
<TD colspan=2 class="tr5 td381"><P class="p18 ft2">begränsningar som anges</P></TD>
<TD class="tr5 td6"><P class="p80 ft2">i</P></TD>
<TD colspan=2 class="tr5 td47"><P class="p16 ft31"><NOBR>2–6</NOBR> §§</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3"><SPAN class="ft2">samt i </SPAN>förordning (EU) nr</P></TD>
<TD colspan=4 class="tr4 td137"><P class="p18 ft3"><SPAN class="ft2">samt i </SPAN>tillsynsförordningen</P></TD>
<TD class="tr4 td69"><P class="p16 ft21">eller</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td381"><P class="p18 ft3">575/2013<SPAN class="ft2">, och</SPAN></P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft3">värdepappersbolagsförordningen<SPAN class="ft2">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td72"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 344px;vertical-align: bottom;" class="tr4"><P class="p39 ft2">3. egendom till skyddande av fordran enligt <NOBR>10–12</NOBR> §§.</P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;margin-top: 75px;margin-bottom: 0px;" class="ft72"><SPAN class="ft25">6</SPAN><SPAN class="ft71">Senaste lydelse 2017:1144.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t60">
<TR>
<TD class="tr2 td157"><P class="p18 ft29"><SPAN class="ft28">7 </SPAN>Senaste lydelse 2014:985.</P></TD>
<TD class="tr2 td50"><P class="p16 ft2">459</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_460" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 306px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 194px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">460</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 282px;overflow: hidden;">
<P class="p14 ft22">8 kap.</P>
<P style="text-align: left;padding-left: 24px;margin-top: 0px;margin-bottom: 0px;" class="ft3">1 a §</P>
<P style="text-align: justify;padding-left: 24px;padding-right: 63px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Det som sägs i 3 §, 4 § första och tredje styckena, 4 c och <NOBR>5–8</NOBR> §§ gäller inte för ett sådant värde- pappersbolag som anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värde- pappersföretag enligt artikel 12.1 i värdepappersbolagsförordningen.</P>
<P style="text-align: justify;padding-left: 24px;padding-right: 63px;margin-top: 3px;margin-bottom: 0px;text-indent: 11px;" class="ft21">Trots vad som sägs i första stycket får Finansinspektionen be- sluta att 3 § och 4 § tredje stycket ska tillämpas på ett litet och icke- sammanlänkat värdepappersföretag enligt artikel 12.1 i värde- pappersbolagsförordningen.</P>
<P style="text-align: left;padding-left: 24px;padding-right: 63px;margin-top: 17px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag som inte längre uppfyller kriterierna i artikel 12.1 i värdepappersbolagsförordningen ska underrätta Finansinspektionen och inom 12 månader börja tillämpa de bestämmelser som anges i första stycket.</P>
<P style="text-align: justify;padding-left: 24px;padding-right: 68px;margin-top: 3px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Undantaget i första stycket ska börja tillämpas när värdepappers- bolaget under sex månader har uppfyllt kriterierna i artikel 12.1 i värdepappersbolagsförordningen.</P>
<P style="text-align: left;padding-left: 24px;margin-top: 17px;margin-bottom: 0px;" class="ft3">1 b §</P>
<P style="text-align: justify;padding-left: 24px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3">De bolag som avses i 1 kap. 2 § första stycket 3 d, 5 a och 5 b §§ lagen (2014:968) om särskild till- syn över kreditinstitut och värde- pappersbolag ska tillämpa 6 kap. <NOBR>1–3</NOBR> och <NOBR>4–7</NOBR> §§ lagen (2004:297) om bank- och finansieringsrörelse, i stället för 8 kap. <NOBR>3–8</NOBR> §§ denna lag.</P>
<P style="text-align: justify;padding-left: 24px;padding-right: 68px;margin-top: 3px;margin-bottom: 0px;text-indent: 11px;" class="ft3">För den som ingår i ett sådant värdepappersbolags styrelse eller är dess verkställande direktör, eller är ersättare för någon av dem gäller även 15 kap. 1 <NOBR>a–1</NOBR> c och 8 a– 9 d §§ lagen om bank- och finansieringsrörelse.</P>
<P style="text-align: justify;padding-left: 24px;padding-right: 63px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft21">Av värdepappersbolagsförord- ningen framgår i vilken utsträckning bolag som avses i 1 kap. 5 a och 5 b §§ lagen om särskild tillsyn över</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_461" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 506px;">
<P class="p381 ft3">kreditinstitut och värdepappers- <SPAN class="ft2">Prop. 2020/21:173 </SPAN>bolag ska tillämpa tillsynsförord- <SPAN class="ft2">Bilaga 7</SPAN></P>
<P style="text-align: justify;padding-left: 204px;padding-right: 108px;margin-top: 1px;margin-bottom: 0px;" class="ft3">ningen och värdepappersbolagsför- ordningen. Även bolag som avses i 1 kap. 2 § första stycket 3 d lagen om särskild tillsyn över kredit- institut och värdepappersbolag ska tillämpa tillsynsförordningen i stället för värdepappersbolagsför- ordningen.</P>
<P style="text-align: justify;padding-left: 204px;padding-right: 113px;margin-top: 3px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Det som i tillsynsförordningen och lagen om bank- och finansier- ingsrörelse sägs om kreditinstitut ska avse värdepappersbolag.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 393px;margin-top: 16px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td197"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td7"><P class="p219 ft2">4 §<SPAN class="ft20">8</SPAN></P></TD>
<TD class="tr2 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td47"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td122"><P class="p39 ft2">Ett</P></TD>
<TD class="tr4 td197"><P class="p18 ft2">värdepappersbolag</P></TD>
<TD class="tr4 td12"><P class="p182 ft2">ska</P></TD>
<TD class="tr4 td7"><P class="p469 ft2">Ett</P></TD>
<TD class="tr4 td57"><P class="p18 ft2">värdepappersbolag</P></TD>
<TD class="tr4 td47"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td236"><P class="p18 ft2">identifiera, mäta, styra,</P></TD>
<TD class="tr5 td12"><P class="p182 ft31">internt</P></TD>
<TD colspan=2 class="tr5 td180"><P class="p24 ft2">identifiera, mäta, styra,</P></TD>
<TD class="tr5 td47"><P class="p16 ft2">internt</P></TD>
</TR>
<TR>
<TD colspan=3 style="padding: 0px;margin: 0px;width: 191px;vertical-align: bottom;" class="tr4"><P class="p182 ft2">rapportera och ha kontroll över de</P></TD>
<TD colspan=3 class="tr4 td228"><P class="p16 ft2">rapportera och ha kontroll över de</P></TD>
</TR>
<TR>
<TD colspan=3 style="padding: 0px;margin: 0px;width: 191px;vertical-align: bottom;" class="tr4"><P class="p182 ft3"><SPAN class="ft2">risker som </SPAN>dess rörelse är för-</P></TD>
<TD colspan=3 class="tr4 td228"><P class="p16 ft3"><SPAN class="ft2">risker som </SPAN>bolaget är eller kan bli</P></TD>
</TR>
<TR>
<TD colspan=3 style="padding: 0px;margin: 0px;width: 191px;vertical-align: bottom;" class="tr5"><P class="p182 ft2"><SPAN class="ft3">knippad med</SPAN>. Bolaget ska se till att</P></TD>
<TD colspan=3 class="tr5 td228"><P class="p16 ft3">exponerat för eller innebär eller</P></TD>
</TR>
<TR>
<TD colspan=3 style="padding: 0px;margin: 0px;width: 191px;vertical-align: bottom;" class="tr4"><P class="p182 ft2">det har en tillfredsställande intern</P></TD>
<TD colspan=3 class="tr4 td228"><P class="p16 ft3">kan innebära för andra<SPAN class="ft2">. Bolaget</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td122"><P class="p18 ft2">kontroll.</P></TD>
<TD class="tr4 td197"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td228"><P class="p16 ft2">ska se till att det har en tillfreds-</P></TD>
</TR>
<TR>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td197"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td180"><P class="p24 ft2">ställande intern kontroll.</P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-right: 113px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Sådana värdepappersbolag som anges i 8 a kap. 1 § ska också upprätta en återhämtningsplan eller koncernåterhämtningsplan enligt samma</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td130"><P class="p18 ft2">kapitel.</P></TD>
<TD class="tr5 td7"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td22"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td175"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p108 ft2">Ett värdepappersbolag ska särskilt</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">Ett värdepappersbolag ska särskilt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">se till att dess <SPAN class="ft3">kreditrisker,</SPAN></P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">se till att dess <SPAN class="ft3">kundrisker,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td130"><P class="p18 ft2">marknadsrisker<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr5 td7"><P class="p18 ft3">operativa</P></TD>
<TD class="tr5 td156"><P class="p107 ft21">risker</P></TD>
<TD class="tr5 td22"><P class="p18 ft2">marknadsrisker,</P></TD>
<TD class="tr5 td175"><P class="p77 ft3">företagsrisker</P></TD>
<TD class="tr5 td127"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">och andra risker sammantagna inte</P></TD>
<TD class="tr4 td22"><P class="p18 ft2">andra risker</P></TD>
<TD class="tr4 td175"><P class="p18 ft2">sammantagna</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">inte</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">medför att dess förmåga att fullgöra</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">medför att dess förmåga att fullgöra</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">sina förpliktelser äventyras. För att</P></TD>
<TD colspan=3 class="tr5 td85"><P class="p16 ft2">sina förpliktelser äventyras. För att</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">uppfylla detta krav ska bolaget ha</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">uppfylla detta krav ska bolaget ha</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">metoder som gör det möjligt att</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">metoder som gör det möjligt att</P></TD>
</TR>
<TR>
<TD class="tr5 td130"><P class="p18 ft2">fortlöpande</P></TD>
<TD class="tr5 td7"><P class="p18 ft2">värdera</P></TD>
<TD class="tr5 td156"><P class="p107 ft2">och</P></TD>
<TD class="tr5 td22"><P class="p18 ft2">fortlöpande</P></TD>
<TD class="tr5 td175"><P class="p48 ft2">värdera</P></TD>
<TD class="tr5 td127"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">upprätthålla ett kapital som till</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">upprätthålla ett kapital som till</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">belopp, slag och fördelning är</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">belopp, slag och fördelning är</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">tillräckligt för att täcka arten och</P></TD>
<TD colspan=3 class="tr5 td85"><P class="p16 ft2">tillräckligt för att täcka arten och</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">nivån på de risker som bolaget är</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">nivån på de risker som bolaget är</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">eller kan komma att bli exponerat</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">eller kan komma att bli exponerat</P></TD>
</TR>
<TR>
<TD class="tr5 td130"><P class="p18 ft2">för.</P></TD>
<TD class="tr5 td7"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td85"><P class="p16 ft21"><SPAN class="ft31">för </SPAN>eller innebär eller kan innebära</P></TD>
</TR>
<TR>
<TD class="tr4 td130"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p18 ft3">för andra<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td175"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-right: 113px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Bolaget ska utvärdera dessa metoder för att säkerställa att de är heltäckande.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 75px;font: 7px 'Times New Roman';">
<TR>
<TD class="tr2 td82"><P class="p18 ft29"><SPAN class="ft28">8 </SPAN>Senaste lydelse 2015:1032.</P></TD>
<TD class="tr2 td83"><P class="p16 ft2">461</P></TD>
</TR>
</TABLE>
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<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 209px;padding: 0px;border:none;width: 267px;overflow: hidden;">
<P style="text-align: left;padding-left: 9px;margin-top: 0px;margin-bottom: 0px;" class="ft24">Ersättningssystem</P>
<P style="text-align: left;padding-left: 9px;margin-top: 15px;margin-bottom: 0px;" class="ft3">4 c §</P>
<P style="text-align: justify;padding-left: 9px;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Ett värdepappersbolag ska ha ett ersättningssystem som främjar en sund och effektiv riskhantering.</P>
<P class="p148 ft2">5 §</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 0px 0px 0px 127px;padding: 0px;border:none;width: 398px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 189px;overflow: hidden;">
<P class="p69 ft2">Ett värdepappersbolags rörelse <SPAN class="ft3">skall </SPAN>organiseras och drivas på ett sådant sätt att bolagets struktur, förbindelser med andra företag och ställning kan överblickas.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 14px;padding: 0px;border:none;width: 195px;overflow: hidden;">
<P class="p69 ft31">Ett värdepappersbolags rörelse <SPAN class="ft21">ska </SPAN>organiseras och drivas på ett sådant</P>
<P style="text-align: justify;padding-right: 5px;margin-top: 1px;margin-bottom: 0px;" class="ft2">sätt att bolagets struktur, <SPAN class="ft3">ansvarskedjor, </SPAN>förbindelser med andra företag och ställning kan överblickas.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 19px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P style="text-align: left;padding-left: 309px;margin-top: 0px;margin-bottom: 0px;" class="ft2">35 §<SPAN class="ft20">9</SPAN></P>
<P class="p479 ft2">Regeringen eller den myndighet som regeringen bestämmer får meddela</P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD colspan=2 class="tr5 td109"><P class="p18 ft2">föreskrifter om</P></TD>
<TD class="tr5 td130"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td102"><P class="p39 ft2">1. vilka</P></TD>
<TD class="tr4 td118"><P class="p108 ft2">åtgärder ett värdepap-</P></TD>
<TD colspan=2 class="tr4 td224"><P class="p48 ft2">1. vilka åtgärder ett</P></TD>
<TD colspan=2 class="tr4 td53"><P class="p16 ft31">värdepap-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">persbolag ska vidta för att uppfylla de</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft31">persbolag ska vidta för att uppfylla de</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">krav på soliditet och likviditet,</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">krav på soliditet och likviditet,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p18 ft2">riskhantering och genomlysning samt</P></TD>
<TD colspan=3 class="tr5 td221"><P class="p18 ft3"><SPAN class="ft2">riskhantering</SPAN>, ersättningssystem</P></TD>
<TD class="tr5 td131"><P class="p16 ft31">och</P></TD>
</TR>
<TR>
<TD class="tr4 td102"><P class="p18 ft2">riktlinjer</P></TD>
<TD class="tr4 td118"><P class="p108 ft2">och instruktioner som</P></TD>
<TD class="tr4 td130"><P class="p18 ft2">genomlysning</P></TD>
<TD class="tr4 td233"><P class="p18 ft2">samt</P></TD>
<TD colspan=2 class="tr4 td53"><P class="p29 ft2">riktlinjer</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">avses i <NOBR>3–8</NOBR> §§,</P></TD>
<TD class="tr4 td130"><P class="p18 ft2">och instruktioner</P></TD>
<TD class="tr4 td233"><P class="p35 ft2">som</P></TD>
<TD class="tr4 td88"><P class="p80 ft31">avses</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD class="tr5 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td118"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td130"><P class="p18 ft2"><NOBR>3–8</NOBR> §§,</P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p476 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">värdepappersbolags mångfaldspolicy vid tillsättandet av styrelse samt resurser för introduktion och utbildning av styrelseledamöter,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">de riktlinjer, regler och rutiner ett värdepappersinstitut ska upprätta och tillämpa enligt 9 §,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">vilka system, resurser och rutiner ett värdepappersinstitut ska ha enligt 10 §,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">vad ett värdepappersinstitut ska iaktta för att uppfylla skyldigheterna</SPAN></P>
<P class="p489 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft33">11 §,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft33">de processer för produktgodkännande och översyn ett värde- pappersinstitut ska ha enligt 13 §,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft33">den information ett värdepappersinstitut ska lämna enligt 14 § första stycket,</SPAN></P>
<P class="p490 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft33">de arrangemang ett värdepappersinstitut ska ha för att få information och för att förstå egenskaperna hos finansiella instrument och den fastställda målgruppen för instrumenten enligt 14 § andra stycket,</SPAN></P>
<P class="p477 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft17">de arrangemang ett värdepappersinstitut som distribuerar finansiella instrument ska ha för urvalet av finansiella instrument och tjänster som erbjuds eller rekommenderas till kunder,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft17">kraven för bedömning av kunskap och kompetens enligt 15 §,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">dokumentation enligt 16 § och hur lång tid dokumentation ska sparas enligt 20 §, och</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">övervakning av handeln och kursbildningen enligt 21 §.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 style="width: 244px;margin-top: 42px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p278 ft2">462</P></TD>
<TD class="tr2 td134"><P class="p279 ft27"><SPAN class="ft48">9 </SPAN>Senaste lydelse 2017:679.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
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<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p949 ft22">8 a kap.</P>
<P class="p183 ft20"><SPAN class="ft2">9</SPAN><SPAN class="ft17">§</SPAN>10</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td171"><P class="p39 ft2">När</P></TD>
<TD colspan=2 class="tr4 td147"><P class="p18 ft31">Finansinspektionen</P></TD>
<TD class="tr4 td190"><P class="p73 ft2">är</P></TD>
<TD class="tr4 td88"><P class="p108 ft31">den</P></TD>
<TD class="tr4 td171"><P class="p39 ft2">När</P></TD>
<TD colspan=3 class="tr4 td150"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td75"><P class="p16 ft2">är den</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td65"><P class="p18 ft2">samordnande</P></TD>
<TD colspan=3 class="tr4 td172"><P class="p107 ft31">tillsynsmyndigheten,</P></TD>
<TD colspan=2 class="tr4 td65"><P class="p18 ft2">samordnande</P></TD>
<TD colspan=3 class="tr4 td120"><P class="p16 ft31">tillsynsmyndigheten,</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">ska inspektionen se till att samråd</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p18 ft2">ska inspektionen se till att samråd</P></TD>
</TR>
<TR>
<TD class="tr4 td171"><P class="p18 ft2">sker</P></TD>
<TD class="tr4 td37"><P class="p79 ft2">med</P></TD>
<TD class="tr4 td55"><P class="p73 ft2">sådana</P></TD>
<TD colspan=2 class="tr4 td97"><P class="p108 ft2">behöriga</P></TD>
<TD class="tr4 td171"><P class="p18 ft2">sker</P></TD>
<TD class="tr4 td37"><P class="p1 ft2">med</P></TD>
<TD class="tr4 td132"><P class="p73 ft2">sådana</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p16 ft2">behöriga</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">myndigheter som avses i artikel 116</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">myndigheter som avses i artikel 116</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td92"><P class="p18 ft2">i kapitaltäckningsdirektivet</P></TD>
<TD class="tr5 td190"><P class="p73 ft2">och</P></TD>
<TD class="tr5 td88"><P class="p108 ft2">de</P></TD>
<TD colspan=4 class="tr5 td115"><P class="p18 ft2">i kapitaltäckningsdirektivet</P></TD>
<TD class="tr5 td75"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td65"><P class="p18 ft2">myndigheter</P></TD>
<TD colspan=2 class="tr4 td174"><P class="p79 ft2">som ansvarar</P></TD>
<TD class="tr4 td88"><P class="p108 ft2">för</P></TD>
<TD colspan=2 class="tr4 td65"><P class="p18 ft3">artikel 48</P></TD>
<TD class="tr4 td132"><P class="p24 ft3">i</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p16 ft21">värdepap-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td92"><P class="p18 ft2">betydande filialer.</P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft3">persbolagsdirektivet <SPAN class="ft2">och de myn-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td85"><P class="p18 ft2">digheter som ansvarar för bety-</P></TD>
</TR>
<TR>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td65"><P class="p18 ft2">dande filialer.</P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p105 ft2">Inom fyra månader från det att Finansinspektionen eller en annan samordnande tillsynsmyndighet har överlämnat en koncernåter- hämtningsplan till de myndigheter som anges i 3 § tredje stycket, ska inspektionen försöka komma överens med behöriga myndigheter som ingår i tillsynskollegiet för koncernen om</P>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">granskningen och bedömningen av koncernåterhämtningsplanen,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft16">huruvida en återhämtningsplan ska upprättas för ett individuellt värdepappersbolag eller ett utländskt värdepappersföretag som ingår i koncernen, och</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">tillämpningen av åtgärder som avses i artikel 6.5 och 6.6 i kris- hanteringsdirektivet för att komma till rätta med väsentliga brister i planen eller väsentliga hinder mot att genomföra den.</SPAN></P>
<P class="p116 ft2">Om myndigheterna kommer överens, ska Finansinspektionen i enlighet med överenskommelsen fatta de beslut som behövs.</P>
<P style="text-align: left;padding-left: 174px;margin-top: 18px;margin-bottom: 0px;" class="ft22">8 b kap.</P>
<P class="p183 ft20"><SPAN class="ft2">4</SPAN><SPAN class="ft17">§</SPAN>11</P>
<P class="p116 ft2">Finansinspektionen ska godkänna ett avtal om koncerninternt finansiellt stöd, om stödet</P>
<P class="p116 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">i betydande grad avhjälper de finansiella svårigheterna i det företag som tar emot det,</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">syftar till att bevara eller återställa den finansiella stabiliteten i koncernen som helhet eller i något av företagen inom koncernen, och</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">inte äventyrar den finansiella stabiliteten i ett eller flera länder inom EES, i synnerhet i det land där det stödgivande företaget finns.</SPAN></P>
<P class="p116 ft2">Dessutom ska följande krav vara uppfyllda med avseende på det stödgivande företaget:</P>
<P class="p103 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">Det kan antas att ersättningen för stödet kommer att betalas och, om det avser ett lån, även kapitalbeloppet återbetalas. Om stödet ges i form av en garanti eller annan slags säkerhet, tillämpas samma villkor på den skuld som uppkommer ifall garantin eller säkerheten utlöses.</SPAN></P>
<P class="p184 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">Det finansiella stödet ges på sådana villkor att det stödgivande företagets intressen gynnas.</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">Likviditeten eller solvensen i det stödgivande företaget äventyras inte till följd av tillhandahållandet av det finansiella stödet.</SPAN></P>
<P class="p668 ft59"><SPAN class="ft25">10</SPAN><SPAN style="font: 11px 'Times New Roman';margin-left: 2px;line-height: 13px;">Senaste lydelse 2015:1032.</SPAN></P>
<P class="p102 ft29"><SPAN class="ft25">11</SPAN><SPAN class="ft44">Senaste lydelse 2015:1032.</SPAN></P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">463</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_464" style="position:relative; overflow: hidden;margin: 51px 0px 77px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">464</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td183"><P class="p39 ft2">4. Det</P></TD>
<TD class="tr2 td176"><P class="p18 ft2">stödgivande</P></TD>
<TD class="tr2 td71"><P class="p108 ft2">företaget</P></TD>
<TD class="tr2 td301"><P class="p48 ft2">4. Det stödgivande</P></TD>
<TD colspan=2 class="tr2 td160"><P class="p16 ft2">företaget</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">uppfyller de krav som gäller av-</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p18 ft2">uppfyller de krav som gäller av-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">seende kapitalbas och likviditet i</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p18 ft2">seende kapitalbas och likviditet i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">kapitaltäckningsdirektivet samt de</P></TD>
<TD class="tr4 td301"><P class="p18 ft2">kapitaltäckningsdirektivet</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p18 ft2">övriga krav som gäller enligt</P></TD>
<TD colspan=2 class="tr5 td137"><P class="p18 ft3">värdepappersbolagsdirektivet</P></TD>
<TD class="tr5 td123"><P class="p16 ft2">samt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">artikel 104.2 i <SPAN class="ft3">samma direktiv </SPAN>vid</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p18 ft2">de övriga krav som gäller enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td183"><P class="p18 ft2">tidpunkten</P></TD>
<TD class="tr4 td176"><P class="p48 ft2">för det</P></TD>
<TD class="tr4 td71"><P class="p108 ft2">finansiella</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p18 ft3"><SPAN class="ft2">artikel 104.2 i </SPAN>kapitaltäcknings-</P></TD>
</TR>
<TR>
<TD class="tr5 td183"><P class="p18 ft2">stödet.</P></TD>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td71"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td110"><P class="p18 ft3">direktivet eller artikel 40 i värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td301"><P class="p18 ft3">pappersbolagsdirektivet,</P></TD>
<TD class="tr4 td31"><P class="p1 ft2">vid</P></TD>
<TD class="tr4 td123"><P class="p16 ft2">tid-</P></TD>
</TR>
<TR>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td71"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td110"><P class="p18 ft2">punkten för det finansiella stödet.</P></TD>
</TR>
</TABLE>
<P class="p122 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">Det stödgivande företaget uppfyller de krav som gäller för stora exponeringar.</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft33">Det finansiella stödet leder inte till att de krav som anges i 4 eller 5 inte uppfylls.</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft33">Möjligheten till resolution av det stödgivande företaget äventyras inte till följd av det finansiella stödet.</SPAN></P>
<P class="p122 ft2">Finansinspektionen får bevilja undantag från kraven i andra stycket 4 och 5.</P>
<P style="text-align: left;padding-left: 188px;padding-right: 244px;margin-top: 19px;margin-bottom: 0px;text-indent: -13px;" class="ft22"><SPAN class="ft22">12</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">7 §</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">En börs som är aktiebolag <SPAN class="ft3">skall </SPAN>ha</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">En börs som är aktiebolag <SPAN class="ft3">ska </SPAN>ha</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">ett aktiekapital som med hänsyn till</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">ett aktiekapital som med hänsyn till</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft31">verksamhetens art och omfattning är</P></TD>
<TD class="tr5 td110"><P class="p16 ft31">verksamhetens art och omfattning är</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">tillräckligt stort. Vid bedömningen</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">tillräckligt stort. Vid bedömningen</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">av om aktiekapitalet är tillräckligt</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">av om aktiekapitalet är tillräckligt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2"><SPAN class="ft3">skall </SPAN>hänsyn tas även till andra</P></TD>
<TD class="tr5 td110"><P class="p16 ft31"><SPAN class="ft21">ska </SPAN>hänsyn tas även till andra finan-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">finansiella resurser som börsen har</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">siella resurser som börsen har eller</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">eller kan utnyttja. För en börs som</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">kan utnyttja. För en börs som är</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2">är ekonomisk förening gäller det</P></TD>
<TD class="tr5 td110"><P class="p16 ft2">ekonomisk förening gäller det som</P></TD>
</TR>
<TR>
<TD class="tr4 td175"><P class="p18 ft2">som sägs om</P></TD>
<TD class="tr4 td95"><P class="p18 ft2">aktiekapital</P></TD>
<TD class="tr4 td149"><P class="p108 ft31">i stället</P></TD>
<TD class="tr4 td110"><P class="p16 ft31">sägs om aktiekapital i stället summan</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">summan av gjorda medlemsinsatser</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">av gjorda medlemsinsatser och</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td240"><P class="p18 ft2">och förlagsinsatser.</P></TD>
<TD class="tr5 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td110"><P class="p18 ft2">förlagsinsatser.</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">En börs som driver en han-</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">En börs som driver en han-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">delsplattform <SPAN class="ft3">skall </SPAN>ha ett start-</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">delsplattform <SPAN class="ft3">ska </SPAN>ha ett startkapital</P></TD>
</TR>
<TR>
<TD class="tr5 td175"><P class="p18 ft2">kapital enligt</P></TD>
<TD class="tr5 td95"><P class="p37 ft2">3 kap. 6 §</P></TD>
<TD class="tr5 td149"><P class="p108 ft2">första</P></TD>
<TD class="tr5 td110"><P class="p18 ft2">enligt 3 kap. 6 § första stycket <SPAN class="ft3">3.</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td175"><P class="p18 ft2">stycket <SPAN class="ft3">2</SPAN>.</P></TD>
<TD class="tr4 td95"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 175px;margin-top: 19px;margin-bottom: 0px;" class="ft22"><SPAN class="ft22">13</SPAN><SPAN class="ft23">kap.</SPAN></P>
<P style="text-align: left;padding-left: 180px;margin-top: 0px;margin-bottom: 0px;" class="ft2">1 i §<SPAN class="ft20">12</SPAN></P>
<P class="p124 ft2">En börs ska ha regler för minsta tillåtna prisändring för aktier, depåbevis, börshandlade fonder, certifikat och andra liknande finansiella instrument som handlas på en reglerad marknad som börsen driver.</P>
<P class="p87 ft2">Reglerna ska</P>
<P class="p121 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">kalibreras så att de återspeglar det aktuella finansiella instrumentets likviditetsprofil och den genomsnittliga skillnaden mellan köp- och säljkurs, med beaktande av möjligheten till rimligt stabila priser utan att i onödan hindra ännu mindre skillnader, och</SPAN></P>
<P class="p577 ft29"><SPAN class="ft25">12</SPAN><SPAN class="ft32">Senaste lydelse 2017:679.</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_465" style="position:relative; overflow: hidden;margin: 50px 0px 78px 68px;padding: 0px;border: none;width: 556px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD class="tr2 td81"><P class="p39 ft2">2. på lämpligt sätt justera minsta tillåtna prisändring för varje finansiellt</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2">instrument.</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 7</P></TD>
</TR>
</TABLE>
<P class="p228 ft21">Regler enligt första stycket ska inte hindra matchning av order av stor omfattning på mittpunkten inom de aktuella köp- och säljbuden.</P>
<P style="text-align: left;padding-left: 176px;margin-top: 20px;margin-bottom: 0px;" class="ft22"><SPAN class="ft35">23</SPAN><SPAN class="ft36">kap.</SPAN></P>
<P class="p183 ft2">4 §<SPAN class="ft20">13</SPAN></P>
<P class="p91 ft2">Finansinspektionen får när det är nödvändigt genomföra en undersökning hos</P>
<P class="p65 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">ett värdepappersinstitut,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">en börs,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">en svensk leverantör av datarapporteringstjänster,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">en clearingorganisation,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">ett sådant utländskt företag som har tillstånd att driva en reglerad marknad från filial i Sverige, och</SPAN></P>
<P class="p391 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">en emittent som enligt 16 kap. </SPAN><NOBR>1–3</NOBR> §§ omfattas av skyldigheten enligt samma kapitel att upprätta och offentliggöra regelbunden finansiell information.</P>
<P class="p89 ft2">Finansinspektionen får även genomföra en undersökning hos ett anknutet ombud eller hos ett företag som har fått i uppdrag av ett värdepappersinstitut att utföra visst arbete eller vissa funktioner, om det behövs för tillsynen av institutet.</P>
<P class="p222 ft3">Innan en undersökning genomförs hos ett utländskt värdepappers- företag som har inrättat filial enligt 4 kap. 1 §, ska Finansinspektionen samråda med behörig myndighet i det land inom EES som har aukto- riserat det utländska värdepappers- företaget.</P>
<P style="text-align: justify;padding-left: 179px;padding-right: 339px;margin-top: 21px;margin-bottom: 0px;text-indent: -3px;" class="ft22"><SPAN class="ft35">25</SPAN><SPAN class="ft36">kap. </SPAN><SPAN class="ft2">1 d §</SPAN><SPAN class="ft20">14</SPAN></P>
<P class="p89 ft2">Finansinspektionen ska, utöver i de fall som anges i 1 a och 1 b §§, ingripa mot någon som ingår i ett värdepappersbolags styrelse eller är dess verkställande direktör, eller ersättare för någon av dem, om värdepappersbolaget</P>
<P class="p91 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">har fått tillstånd att driva värdepappersrörelse genom att lämna falska uppgifter eller på annat otillbörligt sätt,</SPAN></P>
<P class="p982 ft31"><SPAN class="ft2">2.</SPAN><SPAN class="ft47">inte uppfyller kraven i 3 kap. 5 § första stycket eller har tillåtit en styrelseledamot, verkställande direktören eller ersättare för någon av dem att åta sig ett sådant uppdrag i bolaget eller kvarstå i bolaget trots att kraven</SPAN></P>
<P class="p203 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft33">3 kap. 1 § första stycket 5 eller 6 eller någon av 8 kap. 8 </SPAN><NOBR>b–8</NOBR> d §§ eller i föreskrifter som meddelats med stöd av 3 kap. 12 § 2 inte är uppfyllda,</P>
<P class="p65 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">åsidosatt sina skyldigheter enligt 5 kap. 4 §,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 29px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr4 td241"><P class="p29 ft25">13</P></TD>
<TD class="tr4 td336"><P class="p1 ft29">Senaste lydelse 2017:679.</P></TD>
<TD rowspan=2 class="tr25 td302"><P class="p16 ft2">465</P></TD>
</TR>
<TR>
<TD class="tr14 td241"><P class="p29 ft25">14</P></TD>
<TD class="tr14 td336"><P class="p1 ft29">Senaste lydelse 2018:1399.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_466" style="position:relative; overflow: hidden;margin: 51px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:478px;left:330px;width:190px;height:30px;"><SPAN class="ft2">13. låter bli att lämna information till Finansinspektionen eller lämnar</SPAN></DIV>
<DIV style="position:absolute;top:509px;left:330px;width:190px;height:30px;"><SPAN class="ft2">ofullständig eller felaktig information om efterlevnaden av</SPAN></DIV>
<DIV style="position:absolute;top:539px;left:330px;width:190px;height:75px;"><SPAN class="ft2">skyldigheten att uppfylla kapitalbaskraven enligt artikel </SPAN><SPAN class="ft3">11 </SPAN><SPAN class="ft2">i </SPAN><SPAN class="ft3">värdepappersbolagsförordningen</SPAN><SPAN class="ft2">, i strid med artikel </SPAN><SPAN class="ft3">54.1 b </SPAN><SPAN class="ft2">i den för- ordningen,</SPAN></DIV>
<DIV style="position:absolute;top:616px;left:330px;width:190px;height:30px;"><SPAN class="ft31">14. låter bli att </SPAN><SPAN class="ft21">lämna information till Finansinspektionen </SPAN><SPAN class="ft31">eller lämnar</SPAN></DIV>
<DIV style="position:absolute;top:647px;left:330px;width:190px;height:60px;"><SPAN class="ft2">ofullständig eller felaktig information </SPAN><SPAN class="ft3">om koncentrations- risker i strid med artikel 54 i värdepappersbolagsförordningen,</SPAN></DIV>
<DIV style="position:absolute;top:708px;left:330px;width:190px;height:45px;"><SPAN class="ft31">15. </SPAN><SPAN class="ft21">ådrar sig en koncentrationsrisk som överstiger gränserna i artikel 37 i värdepappersbolags- förordningen</SPAN><SPAN class="ft31">,</SPAN></DIV>
<DIV class="dclr"></DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">466</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td109"><P class="p108 ft2">4. inte uppfyller kraven i någon av</P></TD>
<TD colspan=3 class="tr2 td110"><P class="p16 ft2">4. inte uppfyller kraven i någon av</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">8 kap. <NOBR>3–6,</NOBR> 8 <SPAN class="ft3">eller 8 f </SPAN>§§ eller i</P></TD>
<TD class="tr4 td71"><P class="p18 ft2">8 kap. <NOBR>3–6</NOBR></P></TD>
<TD class="tr4 td88"><P class="p73 ft3">eller</P></TD>
<TD class="tr4 td151"><P class="p16 ft2">8 §§ eller i</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">föreskrifter som meddelats med</P></TD>
<TD class="tr4 td71"><P class="p18 ft2">föreskrifter</P></TD>
<TD class="tr4 td88"><P class="p18 ft2">som</P></TD>
<TD class="tr4 td151"><P class="p16 ft2">meddelats med</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P style="text-align: right;padding-right: 89px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">stöd av 8 kap. 35 § 1,</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p18 ft2">stöd av 8 kap. 35 § 1,</P></TD>
</TR>
</TABLE>
<P class="p122 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">i strid med 8 a kap. 2 eller 3 § låter bli att upprätta eller lämna in en återhämtningsplan eller en koncernåterhämtningsplan,</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft33">i strid med 8 b kap. 11 § låter bli att anmäla att koncerninternt finansiellt stöd ska lämnas,</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft33">i strid med 23 kap. 3 c § låter bli att underrätta Finansinspektionen om att värdepappersbolaget fallerar eller sannolikt kommer att fallera,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft33">i strid med 24 kap. 5 § första stycket låter bli att till Finans- inspektionen anmäla sådana förvärv och avyttringar som avses där,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft33">i strid med 24 kap. 5 § tredje stycket låter bli att till Finans- inspektionen anmäla namnen på de ägare som har ett kvalificerat innehav av aktier i bolaget samt storleken på innehaven,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td97"><P class="p39 ft2">10. gör</P></TD>
<TD class="tr5 td32"><P class="p18 ft2">betalningar</P></TD>
<TD class="tr5 td126"><P class="p79 ft2">till</P></TD>
<TD class="tr5 td171"><P class="p108 ft2">inne-</P></TD>
<TD class="tr5 td183"><P class="p48 ft2">10. gör</P></TD>
<TD colspan=2 class="tr5 td91"><P class="p79 ft2">betalningar</P></TD>
<TD class="tr5 td131"><P class="p18 ft2">till</P></TD>
<TD class="tr5 td37"><P class="p16 ft2">inne-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">havare av instrument som ingår i</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft2">havare av instrument som ingår i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td161"><P class="p18 ft2">bolagets kapitalbas i</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">strid</P></TD>
<TD class="tr4 td171"><P class="p108 ft2">med</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft2">bolagets kapitalbas i strid med</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft3">8 kap. 3 och 4 §§ lagen (2014:966)</P></TD>
<TD class="tr4 td183"><P class="p18 ft3">artikel 28,</P></TD>
<TD class="tr4 td113"><P class="p246 ft3">52</P></TD>
<TD class="tr4 td122"><P class="p18 ft3">eller 63</P></TD>
<TD class="tr4 td131"><P class="p77 ft3">i</P></TD>
<TD class="tr4 td37"><P class="p16 ft3">värde-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td109"><P class="p18 ft3">om kapitalbuffertar eller artikel 28,</P></TD>
<TD colspan=4 class="tr5 td240"><P class="p18 ft21">pappersbolagsförordningen<SPAN class="ft31">,</SPAN></P></TD>
<TD class="tr5 td37"><P class="p16 ft2">när</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft3">51 eller 63 i tillsynsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=2 class="tr4 td206"><P class="p18 ft2">dessa artiklar</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p43 ft2">förbjuder</P></TD>
<TD class="tr4 td37"><P class="p16 ft31">sådana</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">när dessa artiklar förbjuder sådana</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft2">betalningar till innehavare av in-</P></TD>
</TR>
<TR>
<TD class="tr5 td97"><P class="p18 ft2">betalningar</P></TD>
<TD colspan=2 class="tr5 td51"><P class="p48 ft2">till innehavare</P></TD>
<TD class="tr5 td171"><P class="p108 ft2">av</P></TD>
<TD colspan=5 class="tr5 td110"><P class="p18 ft2">strument som ingår i kapitalbasen,</P></TD>
</TR>
<TR>
<TD class="tr4 td97"><P class="p18 ft2">instrument</P></TD>
<TD class="tr4 td32"><P class="p431 ft2">som</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">ingår</P></TD>
<TD class="tr4 td171"><P class="p108 ft2">i</P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p102 ft2">kapitalbasen,</P>
<P class="p123 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">i strid med 28 kap. 1 § lagen (2015:1016) om resolution låter bli att lämna begärda upplysningar till Riksgäldskontoret,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">har befunnits ansvarigt för en allvarlig, upprepad eller systematisk överträdelse av lagen (2017:630) om åtgärder mot penningtvätt och finansiering av terrorism, eller föreskrifter som meddelats med stöd av den lagen,</SPAN></P>
<P style="text-align: justify;padding-right: 272px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2">13. låter bli att lämna information till Finansinspektionen eller lämnar</P>
<P style="text-align: justify;padding-right: 272px;margin-top: 1px;margin-bottom: 0px;" class="ft2">ofullständig eller felaktig information om efterlevnaden av</P>
<P style="text-align: justify;padding-right: 272px;margin-top: 0px;margin-bottom: 0px;" class="ft2">skyldigheten att uppfylla kapitalbaskraven enligt artikel <SPAN class="ft3">92 </SPAN>i <SPAN class="ft3">tillsynsförordningen</SPAN>, i strid med artikel <SPAN class="ft3">99.1 </SPAN>i den förordningen,</P>
<P style="text-align: justify;padding-right: 267px;margin-top: 17px;margin-bottom: 0px;text-indent: 11px;" class="ft2">14. låter bli att <SPAN class="ft3">rapportera </SPAN>eller lämnar ofullständig eller felaktig information <SPAN class="ft3">till Finansinspektionen när det gäller data som avses i artikel 101 i tillsynsförordningen</SPAN>,</P>
<P style="text-align: justify;padding-right: 272px;margin-top: 17px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft2">15. </SPAN>låter bli att lämna informa- tion till Finansinspektionen eller lämnar ofullständig eller felaktig information om en stor exponering</P>
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<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t24">
<TR>
<TD class="tr2 td176"><P class="p18 ft3">i strid med</P></TD>
<TD colspan=2 class="tr2 td148"><P class="p43 ft21">artikel 394.1</P></TD>
<TD class="tr2 td11"><P class="p73 ft3">i</P></TD>
<TD class="tr2 td140"><P class="p107 ft21">till-</P></TD>
<TD class="tr2 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td197"><P class="p18 ft3">synsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p108 ft3"><SPAN class="ft2">16. </SPAN>låter bli att lämna information</P></TD>
<TD colspan=2 class="tr4 td199"><P class="p39 ft3"><SPAN class="ft2">16. </SPAN>vid upprepade</P></TD>
<TD colspan=2 class="tr4 td91"><P class="p16 ft3">tillfällen eller</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft3">till Finansinspektionen eller lämnar</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft21">systematiskt, i strid med artikel 43 i</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft3">ofullständig</P></TD>
<TD colspan=2 class="tr5 td148"><P style="text-align: center;padding-right: 9px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">eller</P></TD>
<TD colspan=2 class="tr5 td102"><P class="p107 ft21">felaktig</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft3">värdepappersbolagsförordningen,</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft3">information om likviditet i strid med</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft3">underlåter att hålla likvida till-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft3">artikel 415.1</P></TD>
<TD class="tr4 td88"><P class="p77 ft3">och</P></TD>
<TD class="tr4 td233"><P class="p44 ft3">415.2</P></TD>
<TD class="tr4 td11"><P class="p32 ft3">i</P></TD>
<TD class="tr4 td140"><P class="p107 ft21">till-</P></TD>
<TD class="tr4 td145"><P class="p18 ft3">gångar<SPAN class="ft2">, </SPAN>eller</P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td197"><P class="p18 ft3">synsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p108 ft2">17. låter bli att lämna uppgifter till</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">17. låter bli att lämna uppgifter till</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td197"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td233"><P class="p271 ft2">eller</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p108 ft2">lämnar</P></TD>
<TD colspan=2 class="tr4 td199"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td140"><P class="p18 ft2">eller</P></TD>
<TD class="tr4 td171"><P class="p16 ft2">lämnar</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft2">ofullständig</P></TD>
<TD colspan=2 class="tr5 td148"><P class="p424 ft2">eller</P></TD>
<TD colspan=2 class="tr5 td102"><P class="p107 ft2">felaktig</P></TD>
<TD class="tr5 td145"><P class="p18 ft2">ofullständig</P></TD>
<TD colspan=2 class="tr5 td54"><P class="p18 ft2">eller</P></TD>
<TD class="tr5 td171"><P class="p16 ft2">felaktig</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft3"><SPAN class="ft2">information </SPAN>om sin bruttosoliditet i</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft3"><SPAN class="ft2">information </SPAN>i strid med bestäm-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft3">strid med</P></TD>
<TD colspan=2 class="tr4 td148"><P class="p301 ft21">artikel 430.1</P></TD>
<TD class="tr4 td11"><P class="p32 ft3">i</P></TD>
<TD class="tr4 td140"><P class="p107 ft21">till-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft3">melserna i del sex i värdepappers-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td197"><P class="p18 ft3">synsförordningen,</P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td199"><P class="p18 ft3">bolagsförordningen.</P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-right: 216px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft3">18.</SPAN><SPAN class="ft49">vid upprepade tillfällen eller systematiskt låter bli att hålla lik- vida tillgångar i strid med arti- kel 412 i tillsynsförordningen,</SPAN></P>
<P class="p529 ft3"><SPAN class="ft3">19.</SPAN><SPAN class="ft38">utsätter sig för en exponering som överskrider gränserna enligt artikel 395 i tillsynsförordningen,</SPAN></P>
<P class="p87 ft3"><SPAN class="ft3">20.</SPAN><SPAN class="ft49">är exponerat för kreditrisken i</SPAN></P>
<P style="text-align: justify;padding-right: 211px;margin-top: 0px;margin-bottom: 0px;" class="ft3">en värdepapperiseringsposition utan att uppfylla villkoren i arti- kel 405 i tillsynsförordningen, eller</P>
<P class="p526 ft3"><SPAN class="ft3">21.</SPAN><SPAN class="ft38">låter bli att lämna infor- mation eller lämnar ofullständig eller felaktig information i strid med någon av artiklarna 431.1– 431.3 och 451.1 i tillsynsförord- ningen.</SPAN></P>
<P class="p115 ft2">Om en sådan person som avses i första stycket omfattas av tillstånds- eller underrättelseskyldighet enligt 24 kap. 1 eller 4 § för förvärv eller avyttring av aktier eller andelar i bolaget, ska första stycket 8 och 9 inte gälla för den personen i fråga om dessa aktier eller andelar.</P>
<P class="p105 ft2">Ett ingripande enligt första stycket får göras endast om bolagets överträdelse är allvarlig och personen i fråga uppsåtligen eller av grov oaktsamhet orsakat överträdelsen.</P>
<P class="p87 ft2">Ingripande görs genom</P>
<P class="p215 ft31"><SPAN class="ft2">1.</SPAN><SPAN class="ft47">beslut att personen i fråga under en viss tid, lägst tre och högst tio år, eller, för upprepade allvarliga överträdelser enligt första stycket 1, 2, 3, 8 eller 9, permanent inte får vara styrelseledamot eller verkställande direktör</SPAN></P>
<P class="p102 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft17">ett värdepappersbolag, eller ersättare för någon av dem, eller</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">beslut om sanktionsavgift.</SPAN></P>
<P style="text-align: left;padding-right: 13px;margin-top: 32px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">Denna lag träder i kraft den 1 december 2020 i fråga om 13 kap. 1 i § och i övrigt den 26 juni 2021.</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">För värdepappersbolag som har fått tillstånd enligt denna lag före den 24 december 2019 gäller kravet på ansökan om tillstånd som</SPAN></P>
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<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">467</P>
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</DIV>
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<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">468</P>
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<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P class="p191 ft2">värdepappersinriktat kreditinstitut enligt 2 kap. 1 c § från den 27 december 2020. Sådana bolag ska fram till dess lagen träder i kraft tillämpa 6 kap. <NOBR>1–3</NOBR> och <NOBR>4–7</NOBR> §§ lagen (2004:297) om bank- och finan- sieringsrörelse samt de bestämmelser i lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag och lagen (2014:966) om kapitalbuffertar som avser kreditinstitut. Av tillsynsförordningen följer att även den förordningen ska tillämpas.</P>
<P class="p603 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">För värdepappersbolag som vid ikraftträdandet av denna lag uppfyller kriterierna för att vara ett litet och </SPAN><NOBR>icke-sammanlänkat</NOBR> värdepappersbolag enligt artikel 12.1 i värdepappersbolagsförordningen gäller undantaget i 8 kap. 1 a § första stycket omedelbart.</P>
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<P style="text-align: left;padding-right: 62px;margin-top: 0px;margin-bottom: 0px;" class="ft101">Förslag till lag om ändring i lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag</P>
<P style="text-align: justify;padding-right: 13px;padding-top: 2px;margin-top: 9px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>i fråga om lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag</P>
<P class="p132 ft2"><SPAN class="ft3">dels </SPAN>att nuvarande 3 kap. 5 § ska betecknas 3 kap. 6 §,</P>
<P class="p65 ft2"><SPAN class="ft3">dels </SPAN>att 1 kap. 1, 2 och 6 §§, 2 kap. 1 och 3 §§, 3 kap. <NOBR>1–5</NOBR> §§, den nya</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 1px;margin-bottom: 0px;" class="ft2">3 kap. 6 §, 4 kap. <NOBR>1–4</NOBR> §§, 5 kap. <NOBR>1–6</NOBR> §§, 6 kap. 1, 4, 5, 8, 10 och 11 §§, 7 kap. 1 §, 8 kap. 1, 2 och 4 §§, 9 kap. 1 §, 10 kap. 2 § och rubriken till 5 kap. och den nya 3 kap. 6 § ska ha följande lydelse,</P>
<P class="p87 ft2"><SPAN class="ft3">dels </SPAN>att det ska införas ett nytt kapitel, 5 a kap, nio nya paragrafer, 1 kap.</P>
<P class="p114 ft2">5 a och 5 b §§, 2 kap. 1 <NOBR>a–1</NOBR> c och 2 a §§, 7 kap. 4 och 5 §§ och 10 kap. 1 a §, och närmast efter rubriken till 3 kap. och närmast före 3 kap. 5 § nya rubriker av följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t49">
<TR>
<TD class="tr4 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
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</DIV>
<DIV style="border:none;margin: 19px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<P style="text-align: left;padding-left: 188px;padding-right: 342px;margin-top: 0px;margin-bottom: 0px;text-indent: -9px;" class="ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR height=0>
<TD width=26px></TD>
<TD width=26px></TD>
<TD width=20px></TD>
<TD width=16px></TD>
<TD width=30px></TD>
<TD width=41px></TD>
<TD width=45px></TD>
<TD width=25px></TD>
<TD width=19px></TD>
<TD width=28px></TD>
<TD width=49px></TD>
<TD width=38px></TD>
<TD width=30px></TD>
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<TR>
<TD colspan=7 class="tr4 td50"><P class="p108 ft2">I denna lag finns bestämmelser</P></TD>
<TD colspan=6 class="tr4 td85"><P class="p16 ft2">I denna lag finns bestämmelser som</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft2">som</P></TD>
<TD colspan=4 class="tr4 td117"><P class="p39 ft2">kompletterar</P></TD>
<TD colspan=2 class="tr4 td206"><P class="p108 ft2">Europaparla-</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p18 ft2">kompletterar</P></TD>
<TD colspan=3 class="tr4 td153"><P class="p16 ft2">Europaparlamentets</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p107 ft2">mentets och rådets förordning (EU)</P></TD>
<TD class="tr5 td123"><P class="p18 ft2">och</P></TD>
<TD colspan=2 class="tr5 td98"><P class="p48 ft2">rådets</P></TD>
<TD colspan=2 class="tr5 td151"><P class="p237 ft2">förordning</P></TD>
<TD class="tr5 td126"><P class="p16 ft2">(EU)</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td222"><P class="p18 ft2">nr 575/2013</P></TD>
<TD class="tr4 td141"><P class="p18 ft2">av</P></TD>
<TD class="tr4 td126"><P class="p80 ft2">den</P></TD>
<TD class="tr4 td171"><P class="p18 ft2">26 juni</P></TD>
<TD class="tr4 td89"><P class="p107 ft2">2013</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p18 ft2">nr 575/2013</P></TD>
<TD colspan=3 class="tr4 td153"><P class="p16 ft2">av den 26 juni 2013</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft2">om</P></TD>
<TD colspan=3 class="tr4 td7"><P class="p177 ft2">tillsynskrav</P></TD>
<TD class="tr4 td126"><P class="p81 ft2">för</P></TD>
<TD colspan=2 class="tr4 td206"><P class="p107 ft2">kreditinstitut</P></TD>
<TD class="tr4 td123"><P class="p18 ft2">om</P></TD>
<TD colspan=3 class="tr4 td130"><P class="p1 ft2">tillsynskrav för</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p16 ft2">kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr5 td113"><P class="p18 ft3">och</P></TD>
<TD colspan=6 class="tr5 td167"><P class="p107 ft3">värdepappersföretag <SPAN class="ft2">och om</SPAN></P></TD>
<TD colspan=6 class="tr5 td85"><P class="p16 ft2">och om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td18"><P class="p18 ft2">ändring</P></TD>
<TD class="tr4 td127"><P class="p43 ft2">av</P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td32"><P style="text-align: center;padding-right: 14px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">förordning</P></TD>
<TD class="tr4 td89"><P class="p107 ft2">(EU)</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p18 ft2">nr 648/2012<SPAN class="ft20">3</SPAN></P></TD>
<TD colspan=3 class="tr4 td153"><P class="p16 ft2">(tillsynsförordningen)</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td222"><P class="p18 ft2">nr 648/2012<SPAN class="ft20">2</SPAN></P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td206"><P class="p107 ft2">(tillsynsför-</P></TD>
<TD colspan=6 class="tr5 td85"><P class="p16 ft21">och Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td222"><P class="p18 ft2">ordningen).</P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td85"><P class="p16 ft21">förordning (EU) 2019/2033 av den</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td222"><P class="p18 ft3">27 november</P></TD>
<TD colspan=3 class="tr4 td153"><P class="p16 ft3">2019 om tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft3">för</P></TD>
<TD colspan=5 class="tr4 td271"><P class="p16 ft3">värdepappersföretag och om</P></TD>
</TR>
<TR>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td155"><P class="p18 ft3">ändring</P></TD>
<TD class="tr5 td190"><P class="p43 ft3">av</P></TD>
<TD colspan=2 class="tr5 td151"><P class="p1 ft3">förordningarna</P></TD>
<TD class="tr5 td126"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td222"><P class="p18 ft21">nr 1093/2010,</P></TD>
<TD class="tr4 td122"><P class="p24 ft3">(EU)</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p16 ft2"><SPAN class="ft3">nr </SPAN>575/2013,</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td155"><P class="p18 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td129"><P class="p18 ft2">nr 600/2014</P></TD>
<TD class="tr4 td114"><P class="p32 ft2">och</P></TD>
<TD class="tr4 td126"><P class="p16 ft2">(EU)</P></TD>
</TR>
<TR>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td222"><P class="p18 ft2">nr 806/2014<SPAN class="ft20">4</SPAN></P></TD>
<TD colspan=3 class="tr5 td153"><P class="p16 ft21">(värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td187"><P class="p18 ft3">förordningen).</P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p108 ft2">Lagen innehåller också be-</P></TD>
<TD colspan=6 class="tr4 td85"><P class="p16 ft2">Lagen innehåller också be-</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p108 ft2">stämmelser som genomför delar av</P></TD>
<TD colspan=6 class="tr5 td85"><P class="p16 ft2">stämmelser som genomför delar av</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td202"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td171"><P class="p37 ft2">och</P></TD>
<TD class="tr4 td89"><P class="p108 ft31">rådets</P></TD>
<TD colspan=4 class="tr4 td187"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td114"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td126"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p107 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=6 class="tr4 td85"><P class="p16 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p107 ft2">2013 om behörighet att utöva</P></TD>
<TD colspan=6 class="tr5 td85"><P class="p16 ft2">2013 om behörighet att utöva</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p107 ft2">verksamhet i kreditinstitut och om</P></TD>
<TD colspan=6 class="tr4 td85"><P class="p16 ft2">verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td18"><P class="p18 ft2">tillsyn</P></TD>
<TD class="tr4 td127"><P class="p208 ft2">av</P></TD>
<TD colspan=3 class="tr4 td151"><P class="p1395 ft2">kreditinstitut</P></TD>
<TD class="tr4 td89"><P class="p107 ft3">och</P></TD>
<TD colspan=6 class="tr4 td85"><P class="p16 ft2">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-right: 167px;margin-top: 34px;margin-bottom: 0px;" class="ft43"><SPAN class="ft25">1</SPAN><SPAN class="ft77">Jfr Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU.</SPAN></P>
<P class="p624 ft59"><SPAN class="ft25">2</SPAN><SPAN class="ft58">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</SPAN></P>
<P class="p14 ft72"><SPAN class="ft25">3</SPAN><SPAN class="ft71">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t17">
<TR>
<TD class="tr16 td42"><P class="p18 ft29"><SPAN class="ft28">4 </SPAN>EUT L 314, 5.12.2019, s. 1 (Celex 32019R2033).</P></TD>
<TD class="tr16 td239"><P class="p16 ft2">469</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
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<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 575px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 189px;overflow: hidden;">
<P class="p191 ft3">värdepappersföretag<SPAN class="ft2">, om ändring av direktiv 2002/87/EG och om</SPAN></P>
<P class="p191 ft2">upphävande av <SPAN class="ft3">direktiv </SPAN>2006/48/EG och 2006/49/EG<SPAN class="ft20">5 </SPAN>(kapitaltäckningsdirektivet).</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 14px;padding: 0px;border:none;width: 258px;overflow: hidden;">
<P class="p14 ft2">av direktiv 2002/87/EG och om</P>
<P class="p1065 ft2">upphävande av <SPAN class="ft3">direktiven </SPAN>2006/48/EG och 2006/49/EG<SPAN class="ft20">6</SPAN></P>
<P style="text-align: justify;padding-right: 63px;margin-top: 1px;margin-bottom: 0px;" class="ft2">(kapitaltäckningsdirektivet) <SPAN class="ft3">och Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG,</SPAN></P>
<P class="p1071 ft3">2009/65/EG,<SPAN style="padding-left:55px;">2011/61/EU, 2013/36/EU, 2014/ 59/EU och 2014/65/EU<SPAN class="ft20">7 </SPAN>(värdepappersbolags- direktivet).</SPAN></P>
</DIV>
</DIV>
<DIV style="border:none;margin: 19px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P style="text-align: left;padding-left: 313px;margin-top: 0px;margin-bottom: 0px;" class="ft2">2 §<SPAN class="ft20">8</SPAN></P>
<P class="p479 ft2">I denna lag betyder</P>
<P class="p474 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft38">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p479 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft38">institut</SPAN>: kreditinstitut och värdepappersbolag,</P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD class="tr4 td57"><P class="p39 ft3"><SPAN class="ft2">3. </SPAN><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=2 class="tr4 td204"><P class="p108 ft3">bank och kre-</P></TD>
<TD colspan=4 class="tr4 td133"><P class="p48 ft3"><SPAN class="ft2">3. </SPAN><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td57"><P class="p18 ft21">ditmarknadsföretag</P></TD>
<TD class="tr4 td53"><P class="p39 ft3">enligt</P></TD>
<TD class="tr4 td98"><P class="p108 ft3">lagen</P></TD>
<TD colspan=2 class="tr4 td80"><P class="p48 ft3"><SPAN class="ft2">a. </SPAN>bank</P></TD>
<TD class="tr4 td69"><P class="p18 ft21">eller</P></TD>
<TD colspan=3 class="tr4 td227"><P class="p16 ft3">kreditmarknads-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p18 ft3">(2004:297) om bank- och finan-</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft21">företag enligt lagen (2004:297) om</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft3">sieringsrörelse samt Svenska skepps-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft3">bank- och finansieringsrörelse,</P></TD>
</TR>
<TR>
<TD class="tr4 td57"><P class="p18 ft3">hypotekskassan<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td107"><P class="p48 ft3">b. Svenska</P></TD>
<TD colspan=3 class="tr4 td227"><P class="p16 ft3">skeppshypoteks-</P></TD>
</TR>
<TR>
<TD class="tr5 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td80"><P class="p18 ft3">kassan,</P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td80"><P class="p48 ft3">c. sådant</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p37 ft3">företag som</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p16 ft3">avses i</P></TD>
</TR>
<TR>
<TD class="tr4 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft21">artikel 4.1.1 b i tillsynsförordningen</P></TD>
</TR>
<TR>
<TD class="tr5 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft3">när det är ett svenskt aktiebolag<SPAN class="ft2">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td133"><P class="p48 ft3">d. värdepappersbolag</P></TD>
<TD colspan=2 class="tr4 td18"><P class="p16 ft3">med till-</P></TD>
</TR>
<TR>
<TD class="tr5 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft3">stånd</P></TD>
<TD colspan=2 class="tr5 td230"><P class="p48 ft3">enligt</P></TD>
<TD class="tr5 td160"><P class="p18 ft3">2 kap.</P></TD>
<TD colspan=2 class="tr5 td18"><P class="p16 ft3">2 § första</P></TD>
</TR>
<TR>
<TD class="tr4 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft21">stycket 2 och 8 lagen (2007:528) om</P></TD>
</TR>
<TR>
<TD class="tr4 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td133"><P class="p18 ft21">värdepappersmarknaden,</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td201"><P class="p39 ft3"><SPAN class="ft2">4. </SPAN><SPAN class="ft24">värdepappersbolag</SPAN><SPAN class="ft2">: </SPAN>ett</P></TD>
<TD class="tr5 td98"><P class="p108 ft21">värde-</P></TD>
<TD colspan=4 class="tr5 td133"><P class="p48 ft3"><SPAN class="ft2">4. </SPAN><SPAN class="ft24">värdepappersbolag</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=2 class="tr5 td18"><P class="p16 ft21">detsamma</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft3">pappersföretag som avses i arti-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft3">som i 1 kap. 4 b § lagen om värde-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft3">kel 4.1.2 i tillsynsförordningen när</P></TD>
<TD colspan=4 class="tr4 td133"><P class="p18 ft3">pappersmarknaden,</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td201"><P class="p18 ft21">det är ett svenskt aktiebolag.</P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr22 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr22 td118"><P class="p48 ft3">5. <SPAN class="ft24">systemrisk</SPAN>: detsamma</P></TD>
<TD class="tr22 td62"><P class="p16 ft3">som i</P></TD>
</TR>
<TR>
<TD class="tr5 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft3">1 kap. 2 § 11 lagen (2014:966) om</P></TD>
</TR>
<TR>
<TD class="tr4 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td107"><P class="p18 ft3">kapitalbuffertar.</P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">Termer och uttryck i övrigt i</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p48 ft2">Termer och uttryck i övrigt i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p18 ft2">denna lag har samma betydelse som</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft31">denna lag har samma betydelse som</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td201"><P class="p18 ft2">i tillsynsförordningen.</P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft2">i</P></TD>
<TD colspan=4 class="tr4 td152"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr4 td62"><P class="p16 ft3">och</P></TD>
</TR>
<TR>
<TD class="tr4 td57"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft3">värdepappersbolagsförordningen<SPAN class="ft2">.</SPAN></P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 style="width: 354px;margin-top: 55px;font: 7px 'Times New Roman';">
<TR>
<TD class="tr14 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr14 td120"><P class="p29 ft39">5</P></TD>
<TD style="padding: 0px;margin: 0px;width: 223px;vertical-align: bottom;" class="tr14"><P class="p79 ft27">EUT L 176, 27.6.2013, s. 338 (Celex 32013L0036).</P></TD>
</TR>
<TR>
<TD class="tr8 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr8 td120"><P class="p29 ft39">6</P></TD>
<TD style="padding: 0px;margin: 0px;width: 223px;vertical-align: bottom;" class="tr8"><P class="p79 ft27">EUT L 176, 27.6.2013, s. 338 (Celex 32013L0036).</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr11 td127"><P class="p16 ft2">470</P></TD>
<TD class="tr8 td120"><P class="p29 ft39">7</P></TD>
<TD style="padding: 0px;margin: 0px;width: 223px;vertical-align: bottom;" class="tr8"><P class="p79 ft27">EUT L 314, 5.12.2019, s. 64 (Celex 32019L2034).</P></TD>
</TR>
<TR>
<TD class="tr14 td120"><P class="p29 ft39">8</P></TD>
<TD style="padding: 0px;margin: 0px;width: 223px;vertical-align: bottom;" class="tr14"><P class="p79 ft29">Senaste lydelse 2017:1151.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_471" style="position:relative; overflow: hidden;margin: 50px 0px 79px 272px;padding: 0px;border: none;width: 352px;">
<TABLE cellpadding=0 cellspacing=0 style="width: 302px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr2 td97"><P class="p18 ft3">5 a §</P></TD>
<TD class="tr2 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td117"><P class="p39 ft3">Av artikel 1.2</P></TD>
<TD colspan=3 class="tr5 td159"><P class="p23 ft3">i värdepappers-</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 7</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td195"><P class="p18 ft3">bolagsförordningen</P></TD>
<TD class="tr4 td53"><P class="p18 ft3">framgår</P></TD>
<TD class="tr4 td135"><P class="p23 ft3">att</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td228"><P class="p18 ft3">vissa värdepappersbolag ska till-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td70"><P class="p18 ft3">lämpa tillsynsförordningen.</P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td97"><P class="p39 ft3">Enligt</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p18 ft3">artikel 1.5</P></TD>
<TD colspan=2 class="tr4 td144"><P class="p23 ft3">i värde-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td70"><P class="p18 ft3">pappersbolagsförordningen</P></TD>
<TD class="tr4 td135"><P class="p23 ft21">kan</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td228"><P class="p18 ft3">Finansinspektionen, under de för-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td228"><P class="p18 ft3">utsättningar som anges i artikeln,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td228"><P class="p18 ft3">tillåta att vissa värdepappersbolag</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td228"><P class="p18 ft3">ska tillämpa tillsynsförordningen.</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td228"><P class="p23 ft3">De värdepappersbolag som avses</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td228"><P class="p18 ft3">i första och andra styckena</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td97"><P class="p18 ft3">behandlas</P></TD>
<TD class="tr5 td68"><P class="p80 ft3">vid</P></TD>
<TD colspan=2 class="tr5 td65"><P class="p18 ft3">tillämpningen</P></TD>
<TD class="tr5 td135"><P class="p23 ft3">av</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p14 ft3">denna lag som kreditinstitut.</P>
<P class="p284 ft3">5 b §</P>
<P class="p202 ft21">Finansinspektionen får besluta att kraven i tillsynsförordningen ska gälla för ett värdepappersbolag vars konsoliderade tillgångar, be- räknat som ett genomsnitt över den senaste sammanhängande tolv- månadersperioden, uppgår till minst fem miljarder euro, och som utövar någon av de verksamheter som avses i 2 kap. 1 § 3 eller 6 lagen (2007:528) om värdepappers- marknaden men som inte är rå- varuhandlare eller utsläppsrätts- handlare, om</P>
<P style="text-align: justify;padding-right: 163px;margin-top: 20px;margin-bottom: 0px;text-indent: 11px;" class="ft3">1. värdepappersbolaget utövar verksamheten i en sådan omfattning att en systemrisk skulle kunna uppstå om bolaget fallerar eller hamnar i kris,</P>
<P class="p90 ft3"><SPAN class="ft3">2.</SPAN><SPAN class="ft53">värdepappersbolaget är en clearingmedlem, eller</SPAN></P>
<P class="p202 ft21"><SPAN class="ft3">3.</SPAN><SPAN class="ft62">Finansinspektionen anser att det är motiverat mot bakgrund av det</SPAN></P>
<P class="p707 ft3">berörda värdepappersbolagets verksamhet och dess storlek, art, omfattning och komplexitet med beaktande av</P>
<P class="p91 ft3">a. betydelsen för EU:s eller Sveriges ekonomi,</P>
<P class="p91 ft3">b. betydelsen av bolagets gräns- överskridande verksamhet, eller</P>
<P class="p91 ft3">c. bolagets sammanlänkning med det finansiella systemet.</P>
<P style="text-align: left;padding-left: 281px;margin-top: 1px;margin-bottom: 0px;" class="ft2">471</P>
</DIV>
<DIV id="page_472" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 525px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">472</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 398px;overflow: hidden;">
<P style="text-align: justify;padding-left: 203px;padding-right: 5px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3">För ett värdepappersbolag som avses i första stycket tillämpas det som sägs om kreditinstitut i denna lag.</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 5px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Finansinspektionen kan be- stämma att ett beslut enligt första stycket inte längre ska gälla och ska utan dröjsmål informera värde- pappersbolaget om detta.</P>
<P style="text-align: justify;padding-left: 203px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Ett beslut enligt första stycket ska upphöra att gälla om bolaget inte längre uppfyller det tröskelvärde som anges där, beräknat som ett genomsnitt över den senaste</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 5px;margin-top: 1px;margin-bottom: 0px;" class="ft3">sammanhängande tolvmånaders- perioden.</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 5px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Finansinspektionen ska utan dröjsmål informera Europeiska bankmyndigheten om beslut enligt denna paragraf.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 393px;margin-top: 16px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td153"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td240"><P style="text-align: right;padding-right: 65px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">6 §</P></TD>
<TD class="tr2 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td176"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td153"><P class="p39 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td206"><P class="p108 ft2">är behörig</P></TD>
<TD colspan=2 class="tr4 td153"><P class="p48 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td176"><P class="p16 ft2">är behörig</P></TD>
</TR>
<TR>
<TD class="tr5 td153"><P class="p18 ft2">myndighet enligt</P></TD>
<TD class="tr5 td206"><P class="p108 ft31">tillsynsförord-</P></TD>
<TD class="tr5 td101"><P class="p18 ft2">myndighet</P></TD>
<TD class="tr5 td149"><P class="p32 ft2">enligt</P></TD>
<TD class="tr5 td176"><P class="p16 ft31">tillsynsförord-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p108 ft2">ningen och utövar tillsyn över att</P></TD>
<TD class="tr4 td101"><P class="p18 ft2">ningen <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=2 class="tr4 td99"><P class="p16 ft21">värdepappersbolagsför-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">förordningen </SPAN>och denna lag följs.</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p18 ft31"><SPAN class="ft21">ordningen </SPAN>och utövar tillsyn över att</P></TD>
</TR>
<TR>
<TD class="tr5 td153"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td206"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td110"><P class="p18 ft31"><SPAN class="ft21">förordningarna </SPAN>och denna lag följs.</P></TD>
</TR>
</TABLE>
<P class="p1030 ft2">Finansinspektionen är ansvarig myndighet för att i enlighet med artikel 458 i tillsynsförordningen besluta om särskilda makrotill- synsåtgärder.</P>
<P style="text-align: justify;padding-right: 5px;margin-top: 16px;margin-bottom: 0px;text-indent: 11px;" class="ft2">I fråga om tillsynen och möjlighet att ingripa mot institut gäller bestämmelserna i de lagar som reglerar institutens verksamhet, om inte</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr5 td301"><P class="p18 ft2">annat följer av denna lag.</P></TD>
<TD class="tr5 td97"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td76"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td136"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td47"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td304"><P style="text-align: center;padding-right: 64px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft22">2 kap.</P></TD>
<TD class="tr13 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td68"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td136"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td304"><P style="text-align: right;padding-right: 110px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">1 §</P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2">Finansinspektionen ska besluta att</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">Finansinspektionen ska besluta att</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">ett <SPAN class="ft3">institut </SPAN>ska uppfylla ett särskilt</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">ett <SPAN class="ft3">kreditinstitut </SPAN>ska uppfylla ett</P></TD>
</TR>
<TR>
<TD class="tr4 td136"><P class="p18 ft2">kapitalbaskrav</P></TD>
<TD class="tr4 td47"><P class="p29 ft31">utöver</P></TD>
<TD class="tr4 td97"><P class="p108 ft2">den</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">särskilt kapitalbaskrav utöver den</P></TD>
</TR>
<TR>
<TD class="tr5 td136"><P class="p18 ft2">kapitalbas som</P></TD>
<TD class="tr5 td47"><P class="p29 ft2">krävs</P></TD>
<TD class="tr5 td97"><P class="p108 ft2">enligt</P></TD>
<TD class="tr5 td76"><P class="p18 ft2">kapitalbas som</P></TD>
<TD class="tr5 td98"><P class="p18 ft2">krävs</P></TD>
<TD class="tr5 td68"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">tillsynsförordningen och lagen</P></TD>
<TD class="tr4 td76"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr4 td98"><P class="p24 ft2">och</P></TD>
<TD class="tr4 td68"><P class="p16 ft2">lagen</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">(2014:966) om kapitalbuffertar, om</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">(2014:966) om kapitalbuffertar, om</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2">1. något av kraven i 6 kap. <NOBR>1–3,</NOBR> 4 a,</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">1. något av kraven i 6 kap. <NOBR>1–3,</NOBR> 4 a,</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">4 b och 5 §§ lagen (2004:297) om</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">4 b och 5 §§ lagen (2004:297) om</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">bank- och finansieringsrörelse <SPAN class="ft3">eller</SPAN></P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">bank- och finansieringsrörelse inte</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft21">8 kap. <NOBR>3–8</NOBR> §§ lagen (2007:528) om</P></TD>
<TD class="tr5 td76"><P class="p18 ft2">är uppfyllt,</P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td301"><P class="p18 ft3">värdepappersmarknaden</P></TD>
<TD class="tr4 td97"><P class="p108 ft2">inte är</P></TD>
<TD class="tr4 td76"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td136"><P class="p18 ft2">uppfyllt,</P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td97"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td76"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2">2. det i samband med en översyn</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">2. det i samband med en översyn</P></TD>
</TR>
<TR>
<TD class="tr4 td136"><P class="p18 ft2">och utvärdering</P></TD>
<TD class="tr4 td47"><P class="p30 ft2">av</P></TD>
<TD class="tr4 td97"><P class="p108 ft21">institutet</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">och utvärdering av <SPAN class="ft3">kreditinstitutet</SPAN></P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_473" style="position:relative; overflow: hidden;margin: 51px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td50"><P class="p18 ft2">bedöms nödvändigt för att täcka</P></TD>
<TD colspan=5 class="tr2 td85"><P class="p18 ft2">bedöms nödvändigt för att täcka</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">risker som institutet är eller kan bli</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">risker som institutet är eller kan bli</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">exponerat för och risker som</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">exponerat för och risker som</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">institutet utsätter det finansiella</P></TD>
<TD colspan=2 class="tr4 td136"><P class="p18 ft2">institutet utsätter</P></TD>
<TD class="tr4 td31"><P class="p18 ft2">det</P></TD>
<TD colspan=2 class="tr4 td24"><P class="p16 ft2">finansiella</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">systemet för, eller</P></TD>
<TD colspan=2 class="tr5 td136"><P class="p18 ft2">systemet för, eller</P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">3. det är sannolikt att <SPAN class="ft3">institutet</SPAN></P></TD>
<TD class="tr4 td156"><P class="p39 ft2">3. det</P></TD>
<TD colspan=2 class="tr4 td22"><P class="p32 ft2">är sannolikt</P></TD>
<TD class="tr4 td131"><P class="p18 ft2">att</P></TD>
<TD class="tr4 td171"><P class="p16 ft3">kredit-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">inom tolv månader inte längre</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2"><SPAN class="ft3">institutet </SPAN>inom tolv månader inte</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">kommer att uppfylla sina skyldigheter</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p18 ft2">längre kommer att uppfylla sina</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">enligt första stycket 1.</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">skyldigheter enligt första stycket 1.</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">Finansinspektionen får avstå från</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">Finansinspektionen får avstå från</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">att besluta om ett särskilt</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p18 ft2">att besluta om ett särskilt</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">kapitalbaskrav om en överträdelse</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft31">kapitalbaskrav om en överträdelse är</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">är ringa eller ursäktlig, om <SPAN class="ft3">institutet</SPAN></P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">ringa eller ursäktlig, om <SPAN class="ft3">kredit-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">gör rättelse eller om någon annan</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p18 ft31"><SPAN class="ft21">institutet </SPAN>gör rättelse eller om någon</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">myndighet har vidtagit åtgärder mot</P></TD>
<TD class="tr4 td156"><P class="p18 ft2">annan</P></TD>
<TD class="tr4 td97"><P class="p18 ft2">myndighet</P></TD>
<TD colspan=2 class="tr4 td171"><P class="p35 ft2">har</P></TD>
<TD class="tr4 td171"><P class="p16 ft2">vidtagit</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">institutet och dessa åtgärder bedöms</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">åtgärder mot institutet och dessa</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">tillräckliga.</P></TD>
<TD colspan=4 class="tr5 td118"><P class="p18 ft31">åtgärder bedöms tillräckliga.</P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p103 ft2">Första stycket gäller inte om överträdelsen är så allvarlig att verk- samhetstillståndet i stället ska återkallas.</P>
<P class="p161 ft3">1 a §</P>
<P style="text-align: justify;padding-left: 204px;padding-right: 12px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft21">Finansinspektionen ska besluta att ett värdepappersbolag ska upp- fylla ett särskilt kapitalbaskrav utöver den kapitalbas som krävs enligt värdepappersbolagsförord- ningen endast om,</P>
<P style="text-align: left;padding-left: 215px;margin-top: 2px;margin-bottom: 0px;" class="ft3">1. något av kraven i 8 kap. 3 §,</P>
<P class="p542 ft3">4 § första eller tredje stycket, 4 c och <NOBR>5–8</NOBR> §§ lagen (2007:528) om värdepappersmarknaden inte är uppfyllt och det är osannolikt att någon annan åtgärd är tillräcklig för att få bolaget att rätta till bris- terna inom rimlig tid,</P>
<P style="text-align: justify;padding-left: 204px;padding-right: 12px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft21">2. ett särskilt kapitalbaskrav är nödvändigt för att täcka väsentliga risker som bolaget är eller kan bli exponerat för och väsentliga risker som bolaget utsätter det finansiella systemet för,</P>
<P class="p383 ft3">3. bolaget, under normala mark- nadsförhållanden, inte skulle kunna avveckla positioner i handelslagret under kort tid utan att ådra sig betydande förluster,</P>
<P style="text-align: justify;padding-left: 204px;padding-right: 12px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft21">4. granskningen av de interna modellerna enligt 5 a kap. visar att</P>
<P class="p544 ft3">värdepappersbolagets brister avseende kraven för att tillämpa de interna modellerna sannolikt</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">473</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_474" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 330px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 218px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">474</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 258px;overflow: hidden;">
<P style="text-align: left;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft3">kommer att leda till otillräckliga kapitalnivåer, eller</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;text-indent: 12px;" class="ft3"><SPAN class="ft3">5.</SPAN><SPAN class="ft38">värdepappersbolaget vid upp- repade tillfällen underlåter att skaffa eller bibehålla tillräckliga nivåer av ytterligare kapital enligt 1 b §.</SPAN></P>
<P class="p832 ft3">Ett beslut enligt första stycket ska vara skriftligt och grunda sig på översyn och utvärdering av bolagets enskilda situation.</P>
<P class="p996 ft3">Finansinspektionen får avstå från att besluta om ett särskilt kapitalbaskrav, om en överträdelse är ringa eller ursäktlig, om värde- pappersbolaget gör rättelse eller om någon annan myndighet har</P>
<P class="p1071 ft3">vidtagit åtgärder mot värdepappersbolaget och dessa åtgärder bedöms tillräckliga.</P>
<P class="p121 ft3">Första stycket gäller inte om överträdelsen är så allvarlig att verksamhetstillståndet i stället ska återkallas.</P>
<P style="text-align: justify;padding-right: 63px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft21">Finansinspektionen får fatta beslut enligt denna paragraf avse- ende ett värdepappersbolag som anses vara ett litet och <NOBR>icke-samman-</NOBR> länkat värdepappersföretag enligt artikel 12.1 i värdepappersbolags- förordningen, om inspektionen anser att det är motiverat.</P>
<P class="p871 ft3">1 b §</P>
<P style="text-align: left;padding-right: 63px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft21">Finansinspektionen får besluta att ett värdepappersbolag ska ha en kapitalbasnivå, som med tillräcklig marginal överstiger kraven enligt värdepappersbolagsförordningen, för att säkerställa att kon- junktursvängningar inte leder till överträdelser av kapitalkraven eller hotar bolagets förmåga att av- veckla och lägga ned verksamheten på ett ordnat sätt.</P>
<P class="p684 ft3">Finansinspektionen ska se över den nivå som bolaget har fastställt efter ett beslut enligt första stycket och meddela bolaget om nivån är tillräcklig eller behöver justeras. Om nivån behöver justeras ska</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_475" style="position:relative; overflow: hidden;margin: 50px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<TABLE cellpadding=0 cellspacing=0 style="width: 302px;margin-left: 204px;font: italic 13px 'Times New Roman';">
<TR>
<TD colspan=3 class="tr2 td228"><P class="p23 ft3">inspektionen meddela bolaget den</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td228"><P class="p23 ft21">sista dag då justeringen ska ha gjorts.</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 7</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td228"><P class="p23 ft3">Första och andra styckena gäller</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td228"><P class="p23 ft21">inte värdepappersbolag som är små</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td228"><P class="p23 ft3">och <NOBR>icke-sammanlänkade</NOBR> enligt</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td175"><P class="p18 ft3">artikel 12.1</P></TD>
<TD class="tr4 td113"><P class="p18 ft3">i</P></TD>
<TD class="tr4 td194"><P class="p23 ft21">värdepappers-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 204px;margin-top: 1px;margin-bottom: 0px;" class="ft3">bolagsförordningen.</P>
<P class="p161 ft3">1 c §</P>
<P class="p228 ft3">När det gäller sådana värde- pappersbolag som avses i 2 kap. 1 § lagen (2015:1016) om resolution ska Finansinspektionen underrätta berörda resolutionsmyndigheter om beslut enligt 1 a § om särskilt kapitalbaskrav och om förväntade justeringar enligt 1 b § andra stycket.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 15px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr2 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td7"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td75"><P class="p18 ft3">2 a §</P></TD>
<TD class="tr2 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td301"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td145"><P class="p39 ft3">Bestämmelsen</P></TD>
<TD class="tr4 td203"><P class="p456 ft3">i</P></TD>
<TD class="tr4 td126"><P class="p81 ft3">2 §</P></TD>
<TD class="tr4 td123"><P class="p77 ft21">ska</P></TD>
<TD class="tr4 td301"><P class="p204 ft3">inte</P></TD>
</TR>
<TR>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td157"><P class="p18 ft3">tillämpas på små och <NOBR>icke-sam-</NOBR></P></TD>
</TR>
<TR>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td7"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td157"><P class="p18 ft3">manlänkade värdepappersbolag en-</P></TD>
</TR>
<TR>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td145"><P class="p18 ft3">ligt artikel 12.1</P></TD>
<TD class="tr4 td203"><P class="p456 ft3">i</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p204 ft3">värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td105"><P class="p18 ft21">bolagsförordningen</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p37 ft3">för vilka</P></TD>
<TD class="tr4 td301"><P class="p204 ft21">beslut</P></TD>
</TR>
<TR>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td7"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td157"><P class="p18 ft3">om undantag har fattats enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td157"><P class="p18 ft3">artikel 43.1 andra stycket samma</P></TD>
</TR>
<TR>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td176"><P class="p18 ft3">förordning.</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td301"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr15 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td273"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr15 td51"><P style="text-align: right;padding-right: 36px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">3 §<SPAN class="ft20">9</SPAN></P></TD>
<TD class="tr15 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td301"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td301"><P class="p39 ft2">Finansinspektionen får</P></TD>
<TD class="tr4 td7"><P class="p108 ft2">tillämpa</P></TD>
<TD colspan=8 class="tr4 td157"><P class="p204 ft2">Finansinspektionen får tillämpa</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">bestämmelserna om ingripande i de</P></TD>
<TD colspan=8 class="tr4 td157"><P class="p18 ft2">bestämmelserna om ingripande i de</P></TD>
</TR>
<TR>
<TD class="tr5 td62"><P class="p18 ft2">lagar</P></TD>
<TD class="tr5 td114"><P class="p107 ft2">som</P></TD>
<TD colspan=2 class="tr5 td67"><P class="p18 ft2">reglerar</P></TD>
<TD colspan=2 class="tr5 td80"><P class="p107 ft31">institutets</P></TD>
<TD class="tr5 td75"><P class="p18 ft2">lagar</P></TD>
<TD colspan=2 class="tr5 td140"><P class="p37 ft2">som</P></TD>
<TD colspan=3 class="tr5 td97"><P class="p307 ft2">reglerar</P></TD>
<TD colspan=2 class="tr5 td180"><P class="p204 ft2">institutets</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">verksamhet, om ett institut inte</P></TD>
<TD colspan=8 class="tr4 td157"><P class="p18 ft2">verksamhet, om ett institut inte</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">uppfyller ett särskilt kapitalbaskrav</P></TD>
<TD colspan=8 class="tr4 td157"><P class="p18 ft2">uppfyller ett särskilt kapitalbaskrav</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td50"><P class="p18 ft2">som beslutats enligt 1 § eller ett</P></TD>
<TD colspan=8 class="tr5 td157"><P class="p18 ft2">som beslutats enligt 1 § <SPAN class="ft3">eller 1 a §</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td62"><P class="p18 ft2">särskilt</P></TD>
<TD colspan=4 class="tr4 td227"><P class="p1829 ft2">likviditetskrav</P></TD>
<TD class="tr4 td7"><P class="p107 ft2">som</P></TD>
<TD colspan=8 class="tr4 td157"><P class="p18 ft2">eller ett särskilt likviditetskrav som</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td133"><P class="p18 ft2">beslutats enligt 2 §.</P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td105"><P class="p18 ft2">beslutats enligt 2 §.</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td301"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td62"><P class="p39 ft2">Om</P></TD>
<TD class="tr5 td114"><P class="p30 ft2">ett</P></TD>
<TD colspan=2 class="tr5 td67"><P class="p218 ft31">institut</P></TD>
<TD colspan=2 class="tr5 td80"><P class="p107 ft2">uppfyller</P></TD>
<TD class="tr5 td75"><P class="p39 ft2">Om</P></TD>
<TD class="tr5 td131"><P class="p80 ft2">ett</P></TD>
<TD colspan=4 class="tr5 td129"><P style="text-align: center;padding-left: 8px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft21">kreditinstitut</P></TD>
<TD colspan=2 class="tr5 td180"><P class="p204 ft2">uppfyller</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td147"><P class="p18 ft2">kapitalbaskravet</P></TD>
<TD class="tr4 td12"><P class="p256 ft2">enligt</P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p108 ft2">tillsyns-</P></TD>
<TD colspan=4 class="tr4 td145"><P class="p18 ft2">kapitalbaskravet</P></TD>
<TD colspan=2 class="tr4 td125"><P class="p73 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td180"><P class="p204 ft2">tillsyns-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td146"><P class="p18 ft2">förordningen</P></TD>
<TD class="tr4 td16"><P class="p79 ft2">och</P></TD>
<TD class="tr4 td12"><P class="p39 ft2">det</P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p107 ft2">särskilda</P></TD>
<TD colspan=3 class="tr4 td176"><P class="p18 ft2">förordningen</P></TD>
<TD colspan=2 class="tr4 td68"><P class="p247 ft2">och</P></TD>
<TD class="tr4 td126"><P class="p81 ft2">det</P></TD>
<TD colspan=2 class="tr4 td180"><P class="p204 ft2">särskilda</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td50"><P class="p18 ft2">kapitalbaskrav som följer av ett</P></TD>
<TD colspan=8 class="tr5 td157"><P class="p18 ft2">kapitalbaskrav som följer av ett</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">beslut enligt 1 §, men inte kapital-</P></TD>
<TD class="tr4 td75"><P class="p18 ft2">beslut</P></TD>
<TD colspan=2 class="tr4 td140"><P class="p18 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td68"><P class="p186 ft2">1 §,</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">men</P></TD>
<TD class="tr4 td123"><P class="p18 ft2">inte</P></TD>
<TD class="tr4 td301"><P class="p204 ft2">kapi-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">kraven enligt lagen (2014:966) om</P></TD>
<TD colspan=2 class="tr4 td230"><P class="p18 ft2">talkraven</P></TD>
<TD colspan=2 class="tr4 td37"><P class="p18 ft2">enligt</P></TD>
<TD colspan=4 style="padding: 0px;margin: 0px;width: 207px;vertical-align: bottom;" class="tr4"><P class="p204 ft2">lagen (2014:966)</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td147"><P class="p18 ft2">kapitalbuffertar,</P></TD>
<TD class="tr5 td12"><P class="p256 ft2">ska</P></TD>
<TD class="tr5 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td7"><P class="p107 ft2">bestäm-</P></TD>
<TD colspan=8 class="tr5 td157"><P class="p18 ft2">om kapitalbuffertar, ska bestäm-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">melserna om ingripande i 8 kap.</P></TD>
<TD colspan=8 class="tr4 td157"><P class="p18 ft2">melserna om ingripande i 8 kap.</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">lagen om kapitalbuffertar till-</P></TD>
<TD colspan=8 class="tr4 td157"><P class="p18 ft2">lagen om kapitalbuffertar till-</P></TD>
</TR>
<TR>
<TD class="tr5 td62"><P class="p18 ft2">lämpas.</P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td7"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td230"><P class="p18 ft2">lämpas.</P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td301"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr17 td133"><P class="p18 ft29"><SPAN class="ft28">9 </SPAN>Senaste lydelse 2017:705.</P></TD>
<TD class="tr17 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td7"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td301"><P class="p16 ft2">475</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_476" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">476</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: left;padding-left: 203px;padding-right: 180px;margin-top: 0px;margin-bottom: 0px;text-indent: -24px;" class="ft22"><SPAN class="ft35">3</SPAN><SPAN style="font: bold 13px 'Times New Roman';margin-left: 5px;line-height: 15px;">kap. </SPAN><SPAN class="ft61">Kreditinstitut</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 style="width: 386px;margin-top: 14px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td69"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td194"><P style="text-align: right;padding-right: 59px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">1 §</P></TD>
<TD class="tr2 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">Ansvaret för att kraven i 2 §</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p29 ft2">Ansvaret för att kraven i 2 §</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td164"><P class="p18 ft31">uppfylls har det <SPAN class="ft21">institut</SPAN></P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td225"><P class="p18 ft2">uppfylls har det <SPAN class="ft3">kreditinstitut</SPAN></P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">1. som inte är dotterföretag till ett</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p29 ft2">1. som inte är dotterföretag till</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft31">annat <SPAN class="ft21">institut</SPAN>, ett svenskt finansiellt</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p29 ft31">ett annat <SPAN class="ft21">kreditinstitut</SPAN>, ett svenskt</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td73"><P class="p18 ft2">holdingföretag</P></TD>
<TD colspan=2 class="tr5 td47"><P class="p18 ft2">eller</P></TD>
<TD class="tr5 td123"><P class="p18 ft2">ett</P></TD>
<TD colspan=2 class="tr5 td54"><P class="p108 ft31">svenskt</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p29 ft2">finansiellt holdingföretag eller ett</P></TD>
</TR>
<TR>
<TD class="tr4 td156"><P class="p18 ft2">blandat</P></TD>
<TD colspan=2 class="tr4 td97"><P class="p44 ft2">finansiellt</P></TD>
<TD colspan=4 class="tr4 td130"><P class="p108 ft2">holdingföretag,</P></TD>
<TD class="tr4 td97"><P class="p18 ft2">svenskt</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p80 ft2">blandat</P></TD>
<TD colspan=3 class="tr4 td54"><P class="p29 ft2">finansiellt</P></TD>
</TR>
<TR>
<TD class="tr4 td156"><P class="p18 ft2">eller</P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td79"><P class="p18 ft2">holdingföretag, eller</P></TD>
<TD class="tr4 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td109"><P class="p108 ft2">2. vars moderföretag är ett sådant</P></TD>
<TD class="tr5 td97"><P class="p48 ft2">2. vars</P></TD>
<TD colspan=3 class="tr5 td235"><P class="p18 ft2">moderföretag</P></TD>
<TD class="tr5 td140"><P class="p39 ft2">är</P></TD>
<TD class="tr5 td6"><P class="p29 ft31">ett</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td245"><P class="p18 ft2">finansiellt holdingföretag,</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p108 ft31">svenskt</P></TD>
<TD colspan=2 class="tr4 td130"><P class="p18 ft2">sådant finansiellt</P></TD>
<TD colspan=4 class="tr4 td151"><P class="p16 ft2">holdingföretag,</P></TD>
</TR>
<TR>
<TD class="tr4 td156"><P class="p18 ft2">blandat</P></TD>
<TD colspan=2 class="tr4 td97"><P class="p412 ft2">finansiellt</P></TD>
<TD colspan=4 class="tr4 td130"><P class="p108 ft2">holdingföretag</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p16 ft2">svenskt blandat finansiellt hold-</P></TD>
</TR>
<TR>
<TD class="tr5 td156"><P class="p18 ft2">eller</P></TD>
<TD colspan=2 class="tr5 td97"><P class="p186 ft2">blandat</P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td158"><P class="p108 ft2">finansiellt</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p29 ft2">ingföretag eller blandat finansiellt</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td73"><P class="p18 ft2">holdingföretag</P></TD>
<TD colspan=2 class="tr4 td47"><P class="p73 ft2">som</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p237 ft2">inte</P></TD>
<TD class="tr4 td126"><P class="p108 ft2">är</P></TD>
<TD colspan=2 class="tr4 td130"><P class="p18 ft2">holdingföretag</P></TD>
<TD class="tr4 td88"><P class="p18 ft2">som</P></TD>
<TD class="tr4 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft2">inte</P></TD>
<TD class="tr4 td6"><P class="p29 ft2">är</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">dotterföretag till ett <SPAN class="ft3">institut</SPAN>, ett</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p29 ft2">dotterföretag till ett <SPAN class="ft3">kreditinstitut</SPAN>,</P></TD>
</TR>
<TR>
<TD class="tr5 td156"><P class="p18 ft2">svenskt</P></TD>
<TD colspan=2 class="tr5 td97"><P class="p323 ft2">finansiellt</P></TD>
<TD colspan=4 class="tr5 td130"><P class="p108 ft2">holdingföretag</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p16 ft2">ett svenskt finansiellt hold-</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">eller ett svenskt blandat finansiellt</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p16 ft31">ingföretag eller ett svenskt blandat</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td73"><P class="p18 ft2">holdingföretag.</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td14"><P class="p18 ft31">finansiellt holdingföretag.</P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p121 ft2">Om ett sådant holdingföretag eller blandat finansiellt holdingföretag som avses i första stycket 2 är moderföretag till både ett kreditinstitut och ett värdepappersbolag, är det kreditinstitutet som ansvarar för att de</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=4 class="tr5 td70"><P class="p18 ft2">gruppbaserade kraven uppfylls.</P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td222"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2">Om ett finansiellt holdingföretag</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">Om ett finansiellt holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td171"><P class="p18 ft2">eller</P></TD>
<TD class="tr4 td75"><P class="p37 ft2">ett</P></TD>
<TD class="tr4 td24"><P class="p18 ft2">blandat</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p108 ft31">finansiellt</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">eller</P></TD>
<TD class="tr4 td128"><P class="p29 ft2">ett</P></TD>
<TD class="tr4 td24"><P class="p358 ft31">blandat</P></TD>
<TD class="tr4 td222"><P class="p16 ft2">finansiellt</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td109"><P class="p108 ft2">holdingföretag är moderföretag till</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">holdingföretag är moderföretag till</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2">två eller flera kreditinstitut <SPAN class="ft3">eller till</SPAN></P></TD>
<TD class="tr4 td126"><P class="p18 ft2">två</P></TD>
<TD class="tr4 td128"><P class="p29 ft2">eller</P></TD>
<TD class="tr4 td24"><P class="p160 ft2">flera</P></TD>
<TD class="tr4 td222"><P class="p16 ft2">kreditinstitut,</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft3">två eller flera värdepappersbolag<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">ansvarar det kreditinstitut som har</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td109"><P class="p108 ft31">ansvarar det kreditinstitut <SPAN class="ft21">respektive</SPAN></P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">den största balansomslutningen för</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td224"><P class="p18 ft3">värdepappersbolag <SPAN class="ft2">som</SPAN></P></TD>
<TD class="tr4 td68"><P class="p37 ft2">har</P></TD>
<TD class="tr4 td88"><P class="p108 ft31">den</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">att</P></TD>
<TD class="tr4 td128"><P class="p30 ft2">de</P></TD>
<TD colspan=2 class="tr4 td234"><P class="p16 ft2">gruppbaserade kraven</P></TD>
</TR>
<TR>
<TD class="tr4 td171"><P class="p18 ft2">största</P></TD>
<TD colspan=3 class="tr4 td79"><P class="p18 ft2">balansomslutningen för</P></TD>
<TD class="tr4 td88"><P class="p108 ft2">att</P></TD>
<TD colspan=2 class="tr4 td24"><P class="p18 ft2">uppfylls.</P></TD>
<TD class="tr4 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td222"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=5 class="tr5 td63"><P class="p18 ft2">de gruppbaserade kraven uppfylls.</P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td74"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td27"><P style="text-align: right;padding-right: 32px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">2 §</P></TD>
<TD class="tr13 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td63"><P class="p44 ft2">Det ansvariga <SPAN class="ft3">institutet </SPAN>enligt 1 §</P></TD>
<TD class="tr4 td171"><P class="p45 ft2">Det</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p207 ft2">ansvariga</P></TD>
<TD colspan=3 class="tr4 td173"><P class="p16 ft3">kreditinstitutet</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td63"><P class="p44 ft2">ska se till att kraven om soliditet</P></TD>
<TD colspan=6 class="tr5 td64"><P class="p77 ft2">enligt 1 § ska se till att kraven om</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td63"><P class="p44 ft2">och riskhantering i 6 kap. 1 § och</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p77 ft2">soliditet och riskhantering i 6 kap.</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td63"><P class="p44 ft2">2 § andra stycket lagen (2004:297)</P></TD>
<TD class="tr4 td171"><P class="p77 ft2">1 §</P></TD>
<TD class="tr4 td135"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td12"><P class="p108 ft2">2 §</P></TD>
<TD colspan=3 class="tr4 td173"><P class="p16 ft2">andra stycket</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td63"><P class="p44 ft2">om bank- och finansieringsrörelse</P></TD>
<TD colspan=3 class="tr5 td150"><P class="p77 ft2">lagen (2004:297)</P></TD>
<TD class="tr5 td181"><P class="p18 ft2">om</P></TD>
<TD class="tr5 td53"><P class="p39 ft2">bank-</P></TD>
<TD class="tr5 td127"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td32"><P class="p18 ft3">eller 8 kap.</P></TD>
<TD class="tr4 td11"><P class="p16 ft3">3 §</P></TD>
<TD colspan=2 class="tr4 td105"><P class="p44 ft3">och 4 § andra</P></TD>
<TD colspan=4 class="tr4 td172"><P class="p77 ft2">finansieringsrörelse</P></TD>
<TD class="tr4 td53"><P class="p18 ft2">uppfylls</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">på</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft3">stycket</P></TD>
<TD colspan=2 class="tr4 td89"><P class="p246 ft3">lagen</P></TD>
<TD class="tr4 td74"><P class="p249 ft3">(2007:528)</P></TD>
<TD class="tr4 td31"><P class="p44 ft3">om</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p77 ft2">gruppnivå i enlighet med vad som</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td63"><P class="p44 ft21">värdepappersmarknaden <SPAN class="ft31">uppfylls på</SPAN></P></TD>
<TD class="tr5 td171"><P class="p77 ft2">följer</P></TD>
<TD class="tr5 td135"><P class="p42 ft2">av</P></TD>
<TD colspan=3 class="tr5 td105"><P class="p24 ft2">artiklarna <NOBR>18–24</NOBR></P></TD>
<TD class="tr5 td127"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td63"><P class="p44 ft2">gruppnivå i enlighet med vad som</P></TD>
<TD colspan=4 class="tr4 td172"><P class="p77 ft2">tillsynsförordningen.</P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft2">följer</P></TD>
<TD class="tr4 td69"><P class="p18 ft2">av</P></TD>
<TD colspan=2 class="tr4 td147"><P class="p44 ft2">artiklarna <NOBR>18–24</NOBR></P></TD>
<TD class="tr4 td31"><P class="p44 ft2">i</P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p102 ft2">tillsynsförordningen.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_477" style="position:relative; overflow: hidden;margin: 50px 0px 79px 68px;padding: 0px;border: none;width: 506px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD class="tr2 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td69"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td71"><P style="text-align: right;padding-right: 35px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">3 §</P></TD>
<TD class="tr2 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=10 class="tr5 td64"><P class="p39 ft2">Även om ett <SPAN class="ft3">institut </SPAN>inte är det</P></TD>
<TD colspan=9 class="tr5 td346"><P class="p23 ft2">Även om ett <SPAN class="ft3">kreditinstitut </SPAN>inte är</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 7</P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td64"><P class="p18 ft2">ansvariga <SPAN class="ft3">institutet </SPAN>enligt 1 §, ska</P></TD>
<TD colspan=9 class="tr4 td346"><P class="p77 ft2">det ansvariga <SPAN class="ft3">kreditinstitutet </SPAN>enligt</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td64"><P class="p18 ft2">det se till att kraven i 2 § tillämpas</P></TD>
<TD colspan=9 class="tr4 td346"><P class="p77 ft2">1 §, ska det se till att kraven i 2 §</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td208"><P class="p18 ft2">på undergruppsnivå, om</P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td346"><P class="p77 ft2">tillämpas på undergruppsnivå, om</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td38"><P class="p39 ft3"><SPAN class="ft2">1. </SPAN>institutet</P></TD>
<TD colspan=2 class="tr4 td113"><P class="p18 ft2">eller</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p412 ft2">dess</P></TD>
<TD colspan=2 class="tr4 td53"><P class="p186 ft2">moder-</P></TD>
<TD colspan=5 class="tr4 td152"><P class="p206 ft3"><SPAN class="ft2">1. </SPAN>kreditinstitutet</P></TD>
<TD colspan=3 class="tr4 td67"><P class="p42 ft2">eller</P></TD>
<TD class="tr4 td12"><P class="p23 ft31">dess</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td64"><P class="p18 ft2">företag, när moderföretaget är ett</P></TD>
<TD colspan=3 class="tr4 td107"><P class="p77 ft2">moderföretag,</P></TD>
<TD colspan=2 class="tr4 td123"><P class="p18 ft2">när</P></TD>
<TD colspan=4 class="tr4 td145"><P class="p23 ft2">moderföretaget</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td183"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=5 class="tr5 td206"><P class="p44 ft2">holdingföretag</P></TD>
<TD class="tr5 td69"><P class="p29 ft2">eller</P></TD>
<TD class="tr5 td56"><P class="p186 ft2">ett</P></TD>
<TD colspan=9 class="tr5 td346"><P class="p77 ft2">är ett finansiellt holdingföretag eller</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td89"><P class="p18 ft2">blandat</P></TD>
<TD colspan=4 class="tr4 td35"><P class="p79 ft2">finansiellt</P></TD>
<TD colspan=4 class="tr4 td73"><P class="p44 ft2">holdingföretag,</P></TD>
<TD colspan=9 class="tr4 td346"><P class="p77 ft2">ett blandat finansiellt holdingföretag,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td64"><P class="p18 ft2">har ett dotterföretag eller har</P></TD>
<TD colspan=9 class="tr4 td346"><P class="p77 ft2">har ett dotterföretag eller har ägar-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr5 td64"><P class="p18 ft2">ägarintresse i ett dotterföretag, och</P></TD>
<TD colspan=8 class="tr5 td304"><P class="p77 ft2">intresse i ett dotterföretag, och</P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td64"><P class="p39 ft2">2. dotterföretaget är ett utländskt</P></TD>
<TD colspan=9 class="tr4 td346"><P class="p23 ft2">2. dotterföretaget är ett utländskt</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td64"><P class="p18 ft2"><SPAN class="ft3">institut</SPAN>, ett finansiellt institut eller</P></TD>
<TD colspan=9 class="tr4 td346"><P class="p77 ft2"><SPAN class="ft3">kreditinstitut</SPAN>, ett finansiellt institut</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td172"><P class="p18 ft2">ett förvaltningsbolag</P></TD>
<TD colspan=2 class="tr5 td155"><P class="p44 ft2">som</P></TD>
<TD class="tr5 td56"><P class="p44 ft2">är</P></TD>
<TD colspan=9 class="tr5 td346"><P class="p77 ft2">eller ett förvaltningsbolag som är</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td70"><P class="p18 ft2">etablerat i ett land utanför EES.</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td346"><P class="p77 ft2">etablerat i ett land utanför EES.</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=19 class="tr4 td81"><P class="p39 ft2">Med förvaltningsbolag avses ett utländskt företag som i sitt hemland har</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr5 td64"><P class="p18 ft2">tillstånd att förvalta fondföretag.</P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td69"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td71"><P style="text-align: right;padding-right: 35px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">4 §</P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td64"><P class="p39 ft2">Ett moder- eller dotterföretag</P></TD>
<TD colspan=9 class="tr4 td346"><P class="p23 ft2">Ett moder- eller dotterföretag</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr5 td64"><P class="p18 ft2">som står under tillsyn enligt denna</P></TD>
<TD colspan=9 class="tr5 td346"><P class="p77 ft2">som står under tillsyn enligt denna</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td12"><P class="p18 ft2">lag</P></TD>
<TD colspan=2 class="tr4 td69"><P class="p207 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p112 ft2">på</P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td114"><P class="p29 ft2">grupp-</P></TD>
<TD colspan=2 class="tr4 td53"><P class="p186 ft2">eller</P></TD>
<TD class="tr4 td233"><P class="p77 ft2">lag</P></TD>
<TD class="tr4 td31"><P class="p1 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p160 ft2">på</P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td37"><P class="p1 ft2">grupp-</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p23 ft2">eller</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td64"><P class="p18 ft2">undergruppsnivå uppfylla kraven i</P></TD>
<TD colspan=9 class="tr4 td346"><P class="p77 ft2">undergruppsnivå uppfylla kraven i</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td12"><P class="p18 ft2">6 kap.</P></TD>
<TD colspan=2 class="tr5 td69"><P class="p247 ft2">2 §</P></TD>
<TD colspan=2 class="tr5 td12"><P class="p80 ft2">första</P></TD>
<TD colspan=3 class="tr5 td149"><P class="p44 ft2">stycket</P></TD>
<TD class="tr5 td69"><P class="p323 ft2">och</P></TD>
<TD class="tr5 td56"><P class="p44 ft2">3 §</P></TD>
<TD class="tr5 td233"><P class="p77 ft2">6 kap.</P></TD>
<TD class="tr5 td31"><P class="p247 ft2">2 §</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p32 ft2">första</P></TD>
<TD colspan=3 class="tr5 td160"><P class="p80 ft2">stycket</P></TD>
<TD class="tr5 td11"><P class="p1 ft2">och</P></TD>
<TD class="tr5 td12"><P class="p23 ft2">3 §</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td130"><P class="p18 ft2">lagen (2004:297)</P></TD>
<TD colspan=2 class="tr4 td126"><P class="p43 ft2">om</P></TD>
<TD colspan=2 class="tr4 td155"><P class="p37 ft2">bank-</P></TD>
<TD class="tr4 td56"><P class="p186 ft31">och</P></TD>
<TD colspan=4 class="tr4 td105"><P class="p77 ft2">lagen (2004:297)</P></TD>
<TD colspan=2 class="tr4 td135"><P class="p32 ft2">om</P></TD>
<TD colspan=2 class="tr4 td37"><P class="p18 ft2">bank-</P></TD>
<TD class="tr4 td12"><P class="p23 ft2">och</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td64"><P class="p18 ft2">finansieringsrörelse <SPAN class="ft3">samt 8 kap. 4 §</SPAN></P></TD>
<TD colspan=5 class="tr4 td152"><P class="p77 ft2">finansieringsrörelse</P></TD>
<TD colspan=2 class="tr4 td37"><P class="p81 ft2">om</P></TD>
<TD colspan=2 class="tr4 td230"><P class="p23 ft2">riskhan-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td12"><P class="p18 ft3">första</P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td37"><P class="p16 ft21">stycket</P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td126"><P class="p18 ft3">och</P></TD>
<TD class="tr5 td127"><P class="p37 ft3">5 §</P></TD>
<TD colspan=2 class="tr5 td53"><P class="p186 ft3">lagen</P></TD>
<TD colspan=7 class="tr5 td303"><P class="p77 ft2">tering och genomlysning.</P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td183"><P class="p18 ft21">(2007:528)</P></TD>
<TD class="tr4 td16"><P class="p29 ft3">om</P></TD>
<TD colspan=6 class="tr4 td152"><P class="p44 ft3">värdepappersmark-</P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td64"><P class="p18 ft2"><SPAN class="ft3">naden </SPAN>om riskhantering och genom-</P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td89"><P class="p18 ft2">lysning.</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=19 class="tr4 td81"><P class="p39 ft2">Företaget ska även införa styrformer, processer och rutiner enligt första</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=18 class="tr4 td25"><P class="p18 ft2">stycket i sina dotterföretag som är etablerade i ett land utanför EES.</P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=19 class="tr5 td81"><P class="p39 ft2">Finansinspektionen ska, efter ansökan av företaget, besluta om undantag</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=19 class="tr4 td81"><P class="p18 ft2">från kravet i andra stycket, om företaget kan visa att ett sådant införande</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=15 style="padding: 0px;margin: 0px;width: 312px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">strider mot lagen i det land där dotterföretaget är etablerat.</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr22 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td56"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr22 td152"><P class="p77 ft65">Värdepappersbolag</P></TD>
<TD class="tr22 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr15 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td69"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr15 td71"><P style="text-align: right;padding-right: 35px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">5 §</P></TD>
<TD class="tr15 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr5 td64"><P class="p39 ft3">Den som ingår i ledningen för ett</P></TD>
<TD class="tr5 td233"><P class="p206 ft3">När</P></TD>
<TD colspan=3 class="tr5 td97"><P class="p43 ft3">artikel 7</P></TD>
<TD class="tr5 td87"><P class="p18 ft3">i</P></TD>
<TD colspan=4 class="tr5 td145"><P class="p23 ft3">värdepappers-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td183"><P class="p18 ft3">finansiellt</P></TD>
<TD colspan=6 class="tr4 td159"><P class="p16 ft3">holdingföretag eller</P></TD>
<TD class="tr4 td56"><P class="p186 ft3">ett</P></TD>
<TD colspan=5 class="tr4 td152"><P class="p77 ft21">bolagsförordningen</P></TD>
<TD class="tr4 td11"><P class="p73 ft3">är</P></TD>
<TD colspan=3 class="tr4 td176"><P class="p23 ft3">tillämplig</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td89"><P class="p18 ft3">blandat</P></TD>
<TD colspan=4 class="tr4 td35"><P class="p80 ft3">finansiellt</P></TD>
<TD colspan=4 class="tr4 td73"><P class="p186 ft21">holdingföretag</P></TD>
<TD colspan=9 class="tr4 td346"><P class="p77 ft3">ska 8 kap. 3 §, 4 § första och tredje</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr5 td64"><P class="p18 ft3">ska ha tillräcklig insikt och</P></TD>
<TD colspan=2 class="tr5 td80"><P class="p77 ft3">styckena,</P></TD>
<TD class="tr5 td69"><P class="p18 ft3">4 c</P></TD>
<TD colspan=2 class="tr5 td123"><P class="p1 ft3">och</P></TD>
<TD colspan=4 class="tr5 td145"><P class="p23 ft3"><NOBR>5–8</NOBR> §§ lagen</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td64"><P class="p18 ft3">erfarenhet för att delta i ledningen</P></TD>
<TD colspan=2 class="tr4 td80"><P class="p77 ft21">(2007:528)</P></TD>
<TD class="tr4 td69"><P class="p43 ft3">om</P></TD>
<TD colspan=6 class="tr4 td195"><P class="p23 ft21">värdepappersmark-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td64"><P class="p18 ft3">av företaget och även i övrigt vara</P></TD>
<TD colspan=9 class="tr4 td346"><P class="p77 ft3">naden tillämpas på en värdepap-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td70"><P class="p18 ft3">lämplig för en sådan uppgift.</P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td346"><P class="p77 ft3">persföretagsgrupp i den utsträck-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td346"><P class="p77 ft3">ning inte annat följer av beslut</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p77 ft3">enligt</P></TD>
<TD colspan=3 class="tr4 td97"><P class="p32 ft3">artikel 8</P></TD>
<TD class="tr4 td87"><P class="p18 ft3">i</P></TD>
<TD colspan=4 class="tr4 td145"><P class="p23 ft3">värdepappers-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td96"><P class="p77 ft3">bolagsförordningen.</P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr11 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr11 td227"><P class="p29 ft2">477</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_478" style="position:relative; overflow: hidden;margin: 52px 0px 80px 36px;padding: 0px;border: none;width: 525px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 512px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 398px;overflow: hidden;">
<P style="text-align: justify;padding-left: 203px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Finansinspektionen ska, efter ansökan av det ansvariga företaget, besluta om undantag från kravet i första stycket, om företaget kan visa att en sådan tillämpning strider mot lagen i det land där dotterföretaget är etablerat.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 393px;margin-top: 14px;font: bold 13px 'Times New Roman';">
<TR>
<TD class="tr16 td1"><P class="p18 ft22">Ledningen för ett finansiellt</P></TD>
<TD class="tr16 td296"><P class="p431 ft22">Ledningen för ett finansiellt <SPAN class="ft61">eller</SPAN></P></TD>
</TR>
<TR>
<TD class="tr14 td1"><P style="font: bold 13px 'Times New Roman';line-height: 14px;" class="p18">holdingföretag</P></TD>
<TD class="tr14 td296"><P style="font: italic bold 13px 'Times New Roman';line-height: 14px;" class="p431">värdepappersinriktat</P></TD>
</TR>
<TR>
<TD class="tr14 td1"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td296"><P style="font: bold 13px 'Times New Roman';line-height: 14px;" class="p431">holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr22 td1"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td296"><P class="p431 ft3">6 §</P></TD>
</TR>
<TR>
<TD class="tr5 td1"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td296"><P style="text-align: left;padding-left: 34px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft21">Den som ingår i ledningen för ett</P></TD>
</TR>
<TR>
<TD class="tr4 td1"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td296"><P class="p431 ft3">finansiellt holdingföretag, ett</P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-left: 203px;padding-right: 5px;margin-top: 1px;margin-bottom: 0px;" class="ft3">värdepappersinriktat holdingföre- tag eller ett blandat finansiellt holdingföretag ska ha tillräcklig in- sikt och erfarenhet för att delta i ledningen av företaget och även i övrigt vara lämplig för en sådan uppgift.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 17px 0px 0px 0px;padding: 0px;border:none;width: 520px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr2 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td232"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td140"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td107"><P class="p468 ft22">4 kap.</P></TD>
<TD class="tr2 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td47"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td232"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td107"><P class="p248 ft2">1 §</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td209"><P class="p380 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td140"><P class="p424 ft2">ska</P></TD>
<TD class="tr4 td155"><P class="p108 ft31">utöva</P></TD>
<TD colspan=3 class="tr4 td79"><P class="p48 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td113"><P class="p18 ft2">ska</P></TD>
<TD class="tr4 td47"><P class="p16 ft2">utöva</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td188"><P class="p279 ft2">tillsyn över att de gruppbaserade</P></TD>
<TD colspan=5 class="tr5 td110"><P class="p18 ft2">tillsyn över att de gruppbaserade</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr4"><P class="p279 ft2">kraven är uppfyllda, om</P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft2">kraven är uppfyllda <SPAN class="ft3">eller för värde-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td232"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td79"><P class="p18 ft3">pappersbolagens del, i</P></TD>
<TD colspan=2 class="tr4 td97"><P class="p16 ft3">tillämpliga</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td232"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td110"><P class="p18 ft3">fall, om villkoren i gruppkapital-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td232"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td79"><P class="p18 ft3">testet är uppfyllda<SPAN class="ft2">, om</SPAN></P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td188"><P class="p380 ft2">1. moderföretaget är ett institut,</P></TD>
<TD colspan=2 class="tr4 td76"><P class="p48 ft2">1. moderföretaget</P></TD>
<TD class="tr4 td181"><P class="p18 ft2">är</P></TD>
<TD class="tr4 td113"><P class="p80 ft2">ett</P></TD>
<TD class="tr4 td47"><P class="p16 ft21">kredit-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td232"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft3">institut<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td232"><P class="p380 ft2">2. <SPAN class="ft3">det</SPAN></P></TD>
<TD colspan=3 class="tr4 td148"><P class="p237 ft3">finansiella</P></TD>
<TD colspan=2 class="tr4 td65"><P class="p108 ft3">holding-</P></TD>
<TD colspan=2 class="tr4 td76"><P class="p48 ft3"><SPAN class="ft2">2. </SPAN>moderföretaget</P></TD>
<TD class="tr4 td181"><P class="p37 ft3">är</P></TD>
<TD class="tr4 td113"><P class="p32 ft3">ett</P></TD>
<TD class="tr4 td47"><P class="p16 ft3">värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td188"><P class="p279 ft3">företaget eller det blandade finan-</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft3">pappersbolag och inget av dess</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td188"><P class="p279 ft3">siella holdingföretaget är moder-</P></TD>
<TD colspan=5 class="tr5 td110"><P class="p18 ft3">dotterföretag är ett kreditinstitut,</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td188"><P class="p279 ft3">företag till ett institut men inte till</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td188"><P class="p279 ft3">något motsvarande utländskt före-</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td245"><P class="p279 ft3">tag inom EES,</P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td232"><P class="p380 ft2">3. <SPAN class="ft3">det</SPAN></P></TD>
<TD colspan=3 class="tr4 td148"><P class="p237 ft3">finansiella</P></TD>
<TD colspan=2 class="tr4 td65"><P class="p108 ft3">holding-</P></TD>
<TD class="tr4 td156"><P class="p48 ft2">3. <SPAN class="ft3">ett</SPAN></P></TD>
<TD colspan=3 class="tr4 td150"><P class="p1 ft21">värdepappersföretag</P></TD>
<TD class="tr4 td47"><P class="p16 ft3">inom</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td188"><P class="p279 ft3">företaget eller det blandade finan-</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft3">EU är moderföretag till ett kredit-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td188"><P class="p279 ft3">siella holdingföretaget är etablerat</P></TD>
<TD colspan=5 class="tr5 td110"><P class="p18 ft21">institut och det i gruppen inte finns</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td188"><P class="p279 ft3">i Sverige och är moderföretag till</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft3">något motsvarande utländskt före-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td188"><P class="p279 ft3">institut och motsvarande utländska</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft3">tag inom EES med en större total</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td209"><P class="p279 ft3">företag inom EES,</P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td76"><P class="p18 ft3">balansomslutning,</P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td232"><P class="p380 ft2">4. <SPAN class="ft3">det</SPAN></P></TD>
<TD colspan=2 class="tr4 td156"><P class="p43 ft3">finns</P></TD>
<TD class="tr4 td126"><P class="p18 ft3">två</P></TD>
<TD class="tr4 td140"><P style="text-align: center;padding-right: 9px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">eller</P></TD>
<TD class="tr4 td155"><P class="p108 ft3">flera</P></TD>
<TD class="tr4 td156"><P class="p48 ft2">4. <SPAN class="ft3">ett</SPAN></P></TD>
<TD colspan=4 class="tr4 td139"><P class="p16 ft3">finansiellt holdingföretag,</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td188"><P class="p279 ft3">finansiella holdingföretag eller två</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft3">ett blandat finansiellt holdingföre-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td172"><P class="p279 ft3">eller flera</P></TD>
<TD colspan=2 class="tr5 td177"><P class="p18 ft3">blandade</P></TD>
<TD colspan=2 class="tr5 td65"><P class="p108 ft3">finansiella</P></TD>
<TD colspan=5 class="tr5 td110"><P class="p18 ft3">tag eller ett värdepappersinriktat</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td188"><P class="p279 ft3">holdingföretag med huvudkontor i</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft21">holdingföretag är moderföretag till</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td188"><P class="p279 ft3">olika länder inom EES, däribland</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft3">ett institut men inte till något mot-</P></TD>
</TR>
<TR>
<TD class="tr16 td176"><P class="p278 ft2">478</P></TD>
<TD class="tr16 td232"><P class="p279 ft3">Sverige,</P></TD>
<TD class="tr16 td31"><P class="p18 ft3">som</P></TD>
<TD class="tr16 td31"><P class="p32 ft3">är</P></TD>
<TD colspan=3 class="tr16 td100"><P class="p108 ft3">moderföretag till</P></TD>
<TD class="tr16 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td47"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_479" style="position:relative; overflow: hidden;margin: 50px 0px 79px 68px;padding: 0px;border: none;width: 506px;">
<TABLE cellpadding=0 cellspacing=0 style="width: 506px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr2 td140"><P class="p18 ft3">både</P></TD>
<TD class="tr2 td122"><P class="p32 ft3">institut</P></TD>
<TD class="tr2 td140"><P class="p43 ft3">och</P></TD>
<TD class="tr2 td151"><P class="p107 ft3">motsvarande</P></TD>
<TD colspan=4 class="tr2 td159"><P class="p18 ft3">svarande utländskt</P></TD>
<TD colspan=2 class="tr2 td122"><P class="p412 ft3">institut</P></TD>
<TD colspan=2 class="tr2 td233"><P class="p23 ft3">inom</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft3">utländska företag inom EES, och ett</P></TD>
<TD class="tr5 td156"><P class="p18 ft3">EES,</P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 7</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">institut är det dotterföretag som har</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft3">den</P></TD>
<TD class="tr4 td122"><P class="p18 ft3">största</P></TD>
<TD colspan=2 class="tr4 td187"><P class="p108 ft21">balansomslutningen,</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft3">eller</P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td153"><P class="p39 ft3"><SPAN class="ft2">5. </SPAN>det finansiella</P></TD>
<TD class="tr4 td151"><P class="p108 ft3">holdingföre-</P></TD>
<TD class="tr4 td156"><P class="p39 ft2">5. <SPAN class="ft3">ett</SPAN></P></TD>
<TD colspan=3 class="tr4 td27"><P class="p301 ft21">finansiellt</P></TD>
<TD colspan=4 class="tr4 td117"><P class="p23 ft21">holdingföretag</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">taget eller det blandade finansiella</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">eller ett blandat finansiellt hold-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td153"><P class="p18 ft3">holdingföretaget är</P></TD>
<TD class="tr5 td151"><P class="p108 ft3">moderföretag</P></TD>
<TD colspan=7 style="padding: 0px;margin: 0px;width: 175px;vertical-align: bottom;" class="tr5"><P class="p18 ft3">ingföretag är moderföretag till</P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">till två eller flera institut och</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p39 ft3">a) ett kreditinstitut men inte till</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">motsvarande utländska företag som</P></TD>
<TD class="tr4 td156"><P class="p18 ft3">något</P></TD>
<TD colspan=4 class="tr4 td38"><P class="p32 ft3">motsvarande</P></TD>
<TD colspan=3 class="tr4 td235"><P class="p23 ft3">utländskt</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft3">inte är auktoriserade i det land</P></TD>
<TD colspan=4 class="tr5 td159"><P class="p18 ft3">företag inom EES,</P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">inom EES där holdingföretaget är</P></TD>
<TD class="tr4 td156"><P class="p39 ft3">b) ett</P></TD>
<TD colspan=4 class="tr4 td38"><P class="p80 ft3">kreditinstitut</P></TD>
<TD class="tr4 td68"><P class="p291 ft3">och</P></TD>
<TD class="tr4 td141"><P class="p18 ft21">det</P></TD>
<TD class="tr4 td56"><P class="p23 ft3">i</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">etablerat, och ett institut har den</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">gruppen finns motsvarande ut-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft3">största balansomslutningen.</P></TD>
<TD colspan=8 class="tr5 td228"><P class="p18 ft3">ländskt företag inom EES men inte</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">något som har en större total</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td61"><P class="p18 ft21">balansomslutning, eller</P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td228"><P class="p39 ft3">c) ett värdepappersbolag och det</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td55"><P class="p18 ft3">inte finns</P></TD>
<TD colspan=2 class="tr4 td89"><P style="text-align: center;padding-left: 6px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft21">något</P></TD>
<TD colspan=4 class="tr4 td117"><P class="p23 ft3">motsvarande</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">utländskt företag inom EES med en</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td228"><P class="p18 ft3">större total balansomslutning eller</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">något kreditinstitut eller mot-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td159"><P class="p18 ft3">svarande utländskt</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p207 ft3">företag</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p23 ft3">inom</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft3">EES,</P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td159"><P class="p39 ft3">6. konsolidering</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p30 ft3">krävs</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p23 ft21">enligt</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td55"><P class="p18 ft3">artikel 18.3</P></TD>
<TD class="tr4 td68"><P class="p32 ft3">eller</P></TD>
<TD colspan=2 class="tr4 td135"><P class="p182 ft3">18.6</P></TD>
<TD colspan=3 class="tr4 td235"><P class="p23 ft3">i tillsyns-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td130"><P class="p18 ft3">förordningen och</P></TD>
<TD colspan=5 class="tr5 td197"><P class="p23 ft3">ett kreditinstitut</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">har den största totala balansom-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">slutningen, eller, om det inte finns</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td228"><P class="p18 ft3">något kreditinstitut eller motsva-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">rande företag inom EES, ett värde-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">pappersbolag har den största totala</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td61"><P class="p18 ft3">balansomslutningen,</P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p39 ft3">7. ett</P></TD>
<TD colspan=5 class="tr4 td78"><P class="p412 ft21">värdepappersinriktat</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p23 ft3">hold-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">ingföretag eller ett blandat finan-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td228"><P class="p18 ft21">siellt holdingföretag är moderföretag</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft3">till</P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p39 ft3">a) ett</P></TD>
<TD colspan=5 class="tr4 td78"><P class="p32 ft3">värdepappersbolag</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p23 ft3">men</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td228"><P class="p18 ft3">inte till något motsvarande ut-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=7 style="padding: 0px;margin: 0px;width: 175px;vertical-align: bottom;" class="tr4"><P class="p18 ft3">ländskt företag inom EES, eller</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p39 ft3">b) ett värdepappersbolag och det</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td55"><P class="p18 ft3">i gruppen</P></TD>
<TD colspan=2 class="tr5 td89"><P class="p593 ft3">finns</P></TD>
<TD colspan=4 class="tr5 td117"><P class="p23 ft3">motsvarande</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">utländskt företag inom EES men</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">inte något som har en större total</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td61"><P class="p18 ft21">balansomslutning, eller</P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p39 ft3">8. det finns två eller flera värde-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft21">pappersinriktade holdingföretag eller</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td228"><P class="p18 ft3">två eller flera blandade finansiella</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">holdingföretag med huvudkontor i</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p18 ft3">olika länder inom EES som är</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td228"><P class="p18 ft3">moderföretag till både värdepap-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td55"><P class="p18 ft3">persbolag</P></TD>
<TD class="tr5 td68"><P style="text-align: center;padding-right: 12px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft21">och</P></TD>
<TD colspan=4 class="tr5 td158"><P class="p18 ft3">motsvarande</P></TD>
<TD class="tr5 td56"><P class="p23 ft21">ut-</P></TD>
<TD class="tr5 td227"><P class="p29 ft2">479</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_480" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">480</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: justify;padding-left: 203px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft3">ländska företag inom EES, och ett värdepappersbolag är det dotter- företag som har den största balans- omslutningen.</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 63px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft21">I de fall annan myndighet än Finansinspektionen skulle vara tillsynsansvarig myndighet enligt artikel 111.1 tredje stycket, 111.3 b eller 111.4 i kapitaltäcknings- direktivet, i lydelsen enligt Europa- parlamentets och rådets direktiv (EU) 2019/2034, ska Finans- inspektionen trots det vara sådan myndighet, om inspektionen på individuell nivå utövar tillsynen över fler än ett kreditinstitut inom gruppen och summan av de totala balansomslutningarna för dessa är högre än de för motsvarande ut- ländska företag inom samma EES- land. I fråga om artikel 111.3 c i kapitaltäckningsdirektivet, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034, ska</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 68px;margin-top: 22px;margin-bottom: 0px;" class="ft3">motsvarande gälla för värdepappersföretag om det inte</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft3">inom gruppen finns något kreditinstitut eller motsvarande ut- ländskt företag inom EES.</P>
<P style="text-align: left;padding-left: 215px;margin-top: 1px;margin-bottom: 0px;" class="ft3">Det som anges i första stycket 3,</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;" class="ft3">5 b eller 6 gäller dock inte om en annan behörig myndighet inom EES utövar tillsyn på individuell nivå över mer än ett motsvarande företag inom gruppen och summan av de totala balansomslutningarna för dessa är högre än för kreditinstitutet. Det som anges i första stycket 5 c gäller inte om en annan behörig myndighet inom EES utövar tillsyn på individuell nivå över mer än ett motsvarande företag inom gruppen och summan av de totala balansomslutningarna för dessa är högre än för värdepappersbolaget.</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 5px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Finansinspektionen ska även utöva tillsynen om inspektionen tillsammans med övriga berörda behöriga myndigheter kommer överens om det enligt 3 §.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_481" style="position:relative; overflow: hidden;margin: 50px 0px 79px 68px;padding: 0px;border: none;width: 506px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD colspan=15 class="tr2 td81"><P class="p23 ft2">I 7 kap. finns bestämmelser om tillsyn över ett institut vars moderföretag</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=15 class="tr5 td81"><P class="p23 ft31">har sitt huvudkontor utanför EES och är ett motsvarande utländskt företag,</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 7</P></TD>
</TR>
<TR>
<TD colspan=15 class="tr4 td81"><P class="p18 ft2">ett finansiellt holdingföretag eller ett blandat finansiellt holdingföretag.</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td113"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td22"><P class="p19 ft2">2 §</P></TD>
<TD class="tr13 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td75"><P class="p39 ft2">När</P></TD>
<TD colspan=4 class="tr5 td66"><P class="p412 ft2">Finansinspektionen</P></TD>
<TD class="tr5 td89"><P class="p107 ft2">ska</P></TD>
<TD class="tr5 td75"><P class="p39 ft2">När</P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td197"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p23 ft2">ska</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td75"><P class="p18 ft2">utöva</P></TD>
<TD class="tr4 td98"><P class="p448 ft2">tillsynen</P></TD>
<TD colspan=2 class="tr4 td98"><P class="p73 ft2">enligt</P></TD>
<TD class="tr4 td113"><P class="p246 ft2">1 §</P></TD>
<TD class="tr4 td89"><P class="p107 ft31">första</P></TD>
<TD class="tr4 td75"><P class="p18 ft2">utöva</P></TD>
<TD colspan=4 class="tr4 td194"><P class="p18 ft2">tillsynen enligt</P></TD>
<TD class="tr4 td123"><P class="p207 ft2">1 §</P></TD>
<TD colspan=2 class="tr4 td98"><P class="p23 ft2">första</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td206"><P class="p18 ft2">stycket <NOBR><SPAN class="ft3">3–5</SPAN>,</NOBR></P></TD>
<TD class="tr4 td31"><P style="text-align: center;padding-right: 9px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">får</P></TD>
<TD colspan=3 class="tr4 td138"><P class="p107 ft2">inspektionen</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft2">stycket <NOBR><SPAN class="ft3">1–3,</SPAN></NOBR><SPAN class="ft3"> 5 eller 6</SPAN>, får inspek-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p18 ft2">komma överens med övriga berörda</P></TD>
<TD colspan=8 class="tr5 td228"><P class="p23 ft2">tionen komma överens med övriga</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">behöriga myndigheter om att en</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft2">berörda behöriga myndigheter om</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td75"><P class="p18 ft2">annan</P></TD>
<TD class="tr4 td98"><P class="p385 ft31">behörig</P></TD>
<TD colspan=3 class="tr4 td176"><P class="p73 ft2">myndighet</P></TD>
<TD class="tr4 td89"><P class="p107 ft2">inom</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft2">att en annan behörig myndighet</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p18 ft2">EES än inspektionen ska ansvara</P></TD>
<TD colspan=8 class="tr5 td228"><P class="p23 ft2">inom EES än inspektionen ska</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft2">för</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p208 ft2">tillsynen.</P></TD>
<TD colspan=4 class="tr4 td202"><P class="p107 ft31">Finansinspektionen</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p18 ft2">ansvara</P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p291 ft2">för</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td222"><P class="p23 ft2">tillsynen.</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft2">får</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p177 ft2">ingå</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p1 ft2">en</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p107 ft31">sådan</P></TD>
<TD colspan=4 class="tr4 td150"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td11"><P class="p43 ft2">får</P></TD>
<TD colspan=2 class="tr4 td37"><P class="p48 ft2">ingå</P></TD>
<TD class="tr4 td47"><P class="p23 ft2">en</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td150"><P class="p18 ft2">överenskommelse,</P></TD>
<TD class="tr5 td69"><P class="p43 ft2">om</P></TD>
<TD colspan=2 class="tr5 td32"><P class="p107 ft2">det är</P></TD>
<TD colspan=8 class="tr5 td228"><P class="p23 ft2">sådan överenskommelse, om det är</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">olämpligt att inspektionen ansvarar</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft2">olämpligt att inspektionen ansvarar</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">för tillsynen med hänsyn till de</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft2">för tillsynen med hänsyn till de</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p18 ft2">institut och motsvarande utländska</P></TD>
<TD colspan=8 class="tr5 td228"><P class="p23 ft2">institut och motsvarande utländska</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">företag det gäller <SPAN class="ft3">och </SPAN>den relativa</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft2">företag det gäller<SPAN class="ft3">, </SPAN>den relativa</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">betydelsen av deras verksamheter i</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft2">betydelsen av deras verksamheter i</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td150"><P class="p18 ft2">de olika länderna.</P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td228"><P class="p23 ft2">de olika länderna <SPAN class="ft3">eller behovet av</SPAN></P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft21">att säkerställa kontinuitet i tillsynen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td129"><P class="p18 ft3">på gruppnivå<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td228"><P class="p23 ft3">Detsamma gäller om det är</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft3">olämpligt, med beaktande av de</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft21">berörda värdepappersföretagen och</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td228"><P class="p23 ft21">betydelsen av deras verksamhet i de</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td180"><P class="p18 ft3">relevanta medlemsstaterna,</P></TD>
<TD class="tr4 td47"><P class="p23 ft3">att</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td150"><P class="p18 ft3">Finansinspektionen</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p39 ft21">utövar</P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p23 ft3">den</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td228"><P class="p23 ft3">gruppbaserade tillsynen eller kon-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft3">trollen av att villkoren i grupp-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td129"><P class="p18 ft3">kapitaltestet</P></TD>
<TD colspan=2 class="tr4 td177"><P class="p18 ft3">uppfylls</P></TD>
<TD colspan=2 class="tr4 td37"><P class="p18 ft3">enligt</P></TD>
<TD class="tr4 td47"><P class="p23 ft3">1 §</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td267"><P class="p18 ft3">första stycket 7 eller 8.</P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p108 ft2">I <SPAN class="ft3">ett sådant </SPAN>fall ska moder-</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft2">I <SPAN class="ft3">dessa </SPAN>fall ska moderinstitutet</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">institutet inom EES, det finansiella</P></TD>
<TD class="tr4 td75"><P class="p18 ft2">inom</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft2">EES,</P></TD>
<TD colspan=2 class="tr4 td177"><P class="p17 ft2">det</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p23 ft2">finansiella</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td226"><P class="p18 ft2">moderholdingföretaget inom</P></TD>
<TD class="tr5 td89"><P class="p108 ft2">EES,</P></TD>
<TD colspan=6 class="tr5 td236"><P class="p18 ft2">moderholdingföretaget inom</P></TD>
<TD colspan=2 class="tr5 td98"><P class="p23 ft2">EES,</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">det blandade finansiella holding-</P></TD>
<TD class="tr4 td75"><P class="p18 ft2">det</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td183"><P class="p246 ft2">blandade</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td222"><P class="p23 ft2">finansiella</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">företaget eller det institut eller</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft21"><SPAN class="ft31">holdingföretaget</SPAN>, det värdepappers-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p18 ft2">motsvarande utländska företag som</P></TD>
<TD colspan=2 class="tr5 td122"><P class="p18 ft21">inriktade</P></TD>
<TD colspan=6 class="tr5 td240"><P class="p23 ft3">moderholdingföretaget</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft2">har</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p256 ft31">den största</P></TD>
<TD colspan=4 class="tr4 td202"><P class="p108 ft31">balansomslutningen,</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft2"><SPAN class="ft3">inom EES </SPAN>eller det institut eller</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">beroende på vad som är tillämpligt,</P></TD>
<TD colspan=7 class="tr4 td180"><P class="p18 ft2">motsvarande utländska företag</P></TD>
<TD class="tr4 td47"><P class="p23 ft2">som</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p18 ft2">ges tillfälle att yttra sig innan</P></TD>
<TD colspan=8 class="tr5 td228"><P class="p23 ft31">har den största balansomslutningen,</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">Finansinspektionen och de övriga be-</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft2">beroende på vad som är tillämpligt,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td75"><P class="p18 ft2">rörda</P></TD>
<TD colspan=2 class="tr4 td71"><P class="p77 ft2">behöriga</P></TD>
<TD colspan=3 class="tr4 td138"><P class="p107 ft2">myndigheterna</P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft2">ges tillfälle att yttra sig innan</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td75"><P class="p18 ft2">ingår</P></TD>
<TD colspan=4 class="tr5 td66"><P style="text-align: center;padding-right: 12px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">överenskommelsen.</P></TD>
<TD class="tr5 td89"><P class="p107 ft2">Euro-</P></TD>
<TD colspan=4 class="tr5 td150"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr5 td11"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td123"><P class="p78 ft2">de</P></TD>
<TD colspan=2 class="tr5 td98"><P class="p23 ft2">övriga</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">peiska kommissionen och Euro-</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p18 ft2">berörda</P></TD>
<TD colspan=2 class="tr4 td183"><P class="p291 ft2">behöriga</P></TD>
<TD colspan=4 class="tr4 td174"><P class="p23 ft2">myndigheterna</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">peiska bankmyndigheten ska under-</P></TD>
<TD class="tr4 td75"><P class="p18 ft2">ingår</P></TD>
<TD colspan=5 class="tr4 td242"><P class="p1 ft2">överenskommelsen.</P></TD>
<TD colspan=2 class="tr4 td98"><P class="p23 ft2">Euro-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p18 ft2">rättas om en sådan överens-</P></TD>
<TD colspan=8 class="tr5 td228"><P class="p23 ft2">peiska kommissionen och Euro-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td206"><P class="p18 ft2">kommelse.</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft31">peiska bankmyndigheten ska under-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td228"><P class="p23 ft31">rättas om en sådan överenskommelse.</P></TD>
<TD rowspan=2 class="tr25 td227"><P class="p29 ft2">481</P></TD>
</TR>
<TR>
<TD class="tr14 td16"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td181"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td98"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td31"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td69"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td113"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td89"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td75"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td203"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td190"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td135"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td11"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td123"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td210"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td47"><P class="p18 ft69"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_482" style="position:relative; overflow: hidden;margin: 51px 0px 79px 36px;padding: 0px;border: none;width: 520px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">482</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td68"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td176"><P class="p711 ft2">3 §</P></TD>
<TD class="tr2 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td31"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">Om det skulle vara olämpligt med</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft2">Om det skulle vara olämpligt med</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">hänsyn till de institut eller</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft2">hänsyn till de institut eller</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">motsvarande utländska företag det</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft2">motsvarande utländska företag det</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td109"><P class="p108 ft2">gäller <SPAN class="ft3">och </SPAN>den relativa betydelsen</P></TD>
<TD colspan=9 class="tr5 td110"><P class="p16 ft2">gäller<SPAN class="ft3">, </SPAN>den relativa betydelsen av</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">av deras verksamheter i de olika</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft2">deras verksamheter i de olika</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft31">länderna att tillsynen utövas av den</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft3"><SPAN class="ft2">länderna </SPAN>eller behovet av att</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td109"><P class="p108 ft2">myndighet som enligt artikel 111.3</P></TD>
<TD colspan=9 class="tr5 td110"><P class="p16 ft21">säkerställa kontinuitet i tillsynen på</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">och 111.4 i kapitaltäcknings-</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft2"><SPAN class="ft3">gruppnivå </SPAN>att tillsynen utövas av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td95"><P class="p18 ft2">direktivet</P></TD>
<TD colspan=2 class="tr4 td171"><P class="p43 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td18"><P class="p30 ft2">utöva</P></TD>
<TD class="tr4 td62"><P class="p108 ft2">den</P></TD>
<TD class="tr4 td68"><P class="p18 ft2">den</P></TD>
<TD colspan=3 class="tr4 td158"><P class="p23 ft2">myndighet</P></TD>
<TD colspan=2 class="tr4 td37"><P class="p448 ft2">som</P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td68"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td158"><P class="p18 ft31">gruppbaserade</P></TD>
<TD colspan=3 class="tr5 td38"><P class="p291 ft2">tillsynen,</P></TD>
<TD class="tr5 td62"><P class="p108 ft2">får</P></TD>
<TD colspan=3 class="tr5 td148"><P class="p18 ft2">artikel <SPAN class="ft3">111.1,</SPAN></P></TD>
<TD colspan=3 class="tr5 td32"><P class="p80 ft2">111.3 och</P></TD>
<TD colspan=3 class="tr5 td233"><P class="p16 ft2">111.4 i</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td150"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD colspan=2 class="tr4 td18"><P class="p246 ft2">komma</P></TD>
<TD class="tr4 td62"><P class="p108 ft2">över-</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft31">kapitaltäckningsdirektivet, <SPAN class="ft21">i lydelsen</SPAN></P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft31">ens med de övriga berörda behöriga</P></TD>
<TD class="tr4 td68"><P class="p18 ft21">enligt</P></TD>
<TD colspan=6 class="tr4 td61"><P class="p323 ft3">Europaparlamentets</P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p16 ft3">och</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td109"><P class="p108 ft2">myndigheterna om att inspektionen</P></TD>
<TD colspan=9 class="tr5 td110"><P class="p16 ft21">rådets direktiv (EU) 2019/2034, <SPAN class="ft31">ska</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft2">eller</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p18 ft2">någon</P></TD>
<TD colspan=2 class="tr4 td53"><P class="p160 ft2">annan</P></TD>
<TD colspan=2 class="tr4 td176"><P class="p108 ft2">behörig</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft2">utöva den gruppbaserade tillsynen,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td95"><P class="p18 ft2">myndighet</P></TD>
<TD colspan=2 class="tr4 td171"><P class="p73 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td18"><P class="p44 ft2">ansvara</P></TD>
<TD class="tr4 td62"><P class="p108 ft2">för</P></TD>
<TD class="tr4 td68"><P class="p18 ft2">får</P></TD>
<TD colspan=5 class="tr4 td242"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD colspan=3 class="tr4 td233"><P class="p16 ft2">komma</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td95"><P class="p18 ft2">tillsynen.</P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td110"><P class="p16 ft2">överens med de övriga berörda</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td122"><P class="p18 ft2">behöriga</P></TD>
<TD colspan=4 class="tr4 td204"><P class="p81 ft2">myndigheterna</P></TD>
<TD colspan=2 class="tr4 td127"><P class="p1 ft2">om</P></TD>
<TD class="tr4 td31"><P class="p16 ft2">att</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td148"><P class="p18 ft2">inspektionen</P></TD>
<TD class="tr4 td140"><P class="p44 ft2">eller</P></TD>
<TD colspan=2 class="tr4 td37"><P class="p80 ft31">någon</P></TD>
<TD colspan=3 class="tr4 td233"><P class="p16 ft2">annan</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td110"><P class="p16 ft2">behörig myndighet ska ansvara för</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td148"><P class="p18 ft2">tillsynen.</P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft3">Detsamma gäller om det skulle</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td110"><P class="p16 ft3">vara olämpligt, med beaktande av</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft3">de berörda värdepappersföretagen</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft21">och betydelsen av deras verksamhet</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td110"><P class="p16 ft3">i de relevanta medlemsstaterna, att</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td159"><P class="p18 ft3">den gruppbaserade</P></TD>
<TD colspan=3 class="tr4 td122"><P class="p16 ft3">tillsynen</P></TD>
<TD colspan=2 class="tr4 td68"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft3">kontrollen av att villkoren i</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td254"><P class="p18 ft21">gruppkapitaltestet uppfylls</P></TD>
<TD colspan=3 class="tr5 td233"><P class="p16 ft3">utövas</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft3">av den myndighet som enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td148"><P class="p18 ft21">artikel <NOBR>46.3–5</NOBR></P></TD>
<TD class="tr4 td140"><P class="p107 ft3">i</P></TD>
<TD colspan=5 class="tr4 td146"><P class="p16 ft3">värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td110"><P class="p29 ft21">bolagsdirektivet ska utöva tillsynen</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">I <SPAN class="ft3">ett sådant </SPAN>fall ska moder-</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft2">I <SPAN class="ft3">dessa </SPAN>fall ska moderinstitutet</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">institutet inom EES, det finansiella</P></TD>
<TD class="tr4 td68"><P class="p18 ft2">inom</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft2">EES,</P></TD>
<TD colspan=2 class="tr4 td98"><P class="p358 ft2">det</P></TD>
<TD colspan=4 class="tr4 td101"><P class="p16 ft2">finansiella</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td267"><P class="p18 ft2">moderholdingföretaget</P></TD>
<TD class="tr5 td68"><P class="p323 ft2">inom</P></TD>
<TD class="tr5 td62"><P class="p108 ft2">EES</P></TD>
<TD colspan=9 class="tr5 td110"><P class="p16 ft2">moderholdingföretaget inom EES<SPAN class="ft3">,</SPAN></P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">eller det institut eller motsvarande</P></TD>
<TD class="tr4 td68"><P class="p18 ft3">det</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td97"><P class="p292 ft21">blandade</P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td101"><P class="p16 ft3">finansiella</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">utländska företag som har den</P></TD>
<TD colspan=5 class="tr4 td99"><P class="p18 ft21">moderholdingföretaget</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p182 ft3">inom</P></TD>
<TD colspan=2 class="tr4 td68"><P class="p16 ft3">EES,</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft2">största</P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td164"><P class="p108 ft31">balansomslutningen,</P></TD>
<TD class="tr5 td68"><P class="p18 ft3">det</P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td219"><P class="p16 ft3">värdepappersinriktade</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">beroende på vad som är tillämpligt,</P></TD>
<TD colspan=5 class="tr4 td99"><P class="p18 ft21">moderholdingföretaget</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p29 ft3">inom</P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p16 ft3">EES</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">ges tillfälle att yttra sig innan</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft2">eller det institut eller motsvarande</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td150"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr5 td11"><P class="p1 ft2">och</P></TD>
<TD colspan=2 class="tr5 td176"><P class="p108 ft2">de övriga</P></TD>
<TD colspan=9 class="tr5 td110"><P class="p16 ft2">utländska företag som har den</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft2">berörda</P></TD>
<TD colspan=3 class="tr4 td80"><P class="p73 ft2">behöriga</P></TD>
<TD colspan=3 class="tr4 td145"><P class="p108 ft2">myndigheterna</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p18 ft2">största</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td199"><P class="p16 ft2">balansomslutningen,</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft2">ingår</P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td164"><P class="p108 ft2">överenskommelsen.</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft2">beroende på vad som är tillämpligt,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td95"><P class="p18 ft2">Europeiska</P></TD>
<TD colspan=4 class="tr5 td174"><P class="p44 ft2">kommissionen</P></TD>
<TD class="tr5 td62"><P class="p108 ft2">och</P></TD>
<TD colspan=9 class="tr5 td110"><P class="p16 ft2">ges tillfälle att yttra sig innan</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td95"><P class="p18 ft2">Europeiska</P></TD>
<TD colspan=5 class="tr4 td14"><P class="p108 ft2">bankmyndigheten ska</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p16 ft2">Finansinspektionen och de övriga</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">underrättas om en sådan överens-</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p18 ft2">berörda</P></TD>
<TD colspan=2 class="tr4 td97"><P class="p291 ft2">behöriga</P></TD>
<TD colspan=5 class="tr4 td146"><P class="p16 ft2">myndigheterna</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td95"><P class="p18 ft2">kommelse.</P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft2">ingår</P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td199"><P class="p16 ft2">överenskommelsen.</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td148"><P class="p18 ft2">Europeiska</P></TD>
<TD colspan=4 class="tr4 td144"><P class="p207 ft2">kommissionen</P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td180"><P class="p18 ft2">Europeiska bankmyndigheten</P></TD>
<TD class="tr4 td31"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td148"><P class="p18 ft2">underrättas</P></TD>
<TD class="tr5 td140"><P class="p292 ft2">om</P></TD>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p302 ft2">en</P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td68"><P class="p16 ft31">sådan</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td159"><P class="p18 ft2">överenskommelse.</P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_483" style="position:relative; overflow: hidden;margin: 50px 0px 79px 68px;padding: 0px;border: none;width: 506px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD class="tr2 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr2 td235"><P class="p218 ft2">4 §</P></TD>
<TD class="tr2 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td85"><P class="p16 ft2">När Finansinspektionen ansvarar</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td228"><P class="p23 ft2">När Finansinspektionen ansvarar</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 7</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">för tillsynen på gruppnivå enligt 1 §,</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p18 ft2">för tillsynen på gruppnivå enligt 1 §</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">ska inspektionen lämna en rapport</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td228"><P class="p18 ft3">första stycket 1, 3 eller <NOBR>4–6,</NOBR> och</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td85"><P class="p18 ft2">som innehåller en riskvärdering av</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td228"><P class="p18 ft3">moderföretaget inte är ett värde-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td177"><P class="p18 ft2">gruppen</P></TD>
<TD class="tr4 td88"><P class="p35 ft2">till</P></TD>
<TD colspan=3 class="tr4 td183"><P class="p30 ft2">övriga</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p16 ft2">berörda</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td74"><P class="p18 ft21">pappersinriktat</P></TD>
<TD colspan=5 class="tr4 td194"><P class="p32 ft3">holdingföretag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td126"><P class="p23 ft31">ska</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td208"><P class="p18 ft2">behöriga myndigheter.</P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td228"><P class="p18 ft2">inspektionen lämna en rapport som</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td54"><P class="p18 ft2">innehåller</P></TD>
<TD class="tr5 td56"><P class="p182 ft2">en</P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td74"><P class="p1 ft2">riskvärdering</P></TD>
<TD class="tr5 td126"><P class="p23 ft2">av</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td54"><P class="p18 ft2">gruppen</P></TD>
<TD class="tr4 td56"><P class="p323 ft2">till</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td54"><P class="p107 ft2">övriga</P></TD>
<TD colspan=2 class="tr4 td230"><P class="p23 ft2">berörda</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td154"><P class="p18 ft2">behöriga myndigheter.</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr15 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr15 td235"><P class="p218 ft22">5 kap.</P></TD>
<TD class="tr15 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr14 td179"><P style="font: bold 13px 'Times New Roman';line-height: 14px;" class="p18">Tillsyn över interna metoder</P></TD>
<TD class="tr14 td31"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td59"><P class="p18 ft69"> </P></TD>
<TD colspan=9 class="tr14 td228"><P style="font: bold 13px 'Times New Roman';line-height: 14px;" class="p18">Tillsyn över interna metoder <SPAN style="font: italic bold 13px 'Times New Roman';line-height: 14px;">för</SPAN></P></TD>
<TD class="tr14 td227"><P class="p18 ft69"> </P></TD>
</TR>
<TR>
<TD class="tr14 td177"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td88"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td36"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td181"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td126"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td127"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td31"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td59"><P class="p18 ft69"> </P></TD>
<TD colspan=3 class="tr14 td74"><P style="font: italic bold 13px 'Times New Roman';line-height: 14px;" class="p18">kreditinstitut</P></TD>
<TD class="tr14 td203"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td87"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td181"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td113"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td56"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td126"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td227"><P class="p18 ft69"> </P></TD>
</TR>
<TR>
<TD class="tr13 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr13 td235"><P class="p218 ft2">1 §</P></TD>
<TD class="tr13 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td242"><P class="p39 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td126"><P class="p412 ft2">ska</P></TD>
<TD colspan=3 class="tr4 td67"><P class="p291 ft2">löpande,</P></TD>
<TD colspan=6 class="tr4 td195"><P class="p237 ft31">Finansinspektionen</P></TD>
<TD class="tr4 td113"><P class="p182 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td230"><P class="p412 ft2">löpande,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft2">åtminstone vart tredje år, granska</P></TD>
<TD colspan=9 class="tr5 td228"><P class="p37 ft2">åtminstone vart tredje år, granska</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">hur ett <SPAN class="ft3">institut </SPAN>uppfyller ställda krav</P></TD>
<TD class="tr4 td12"><P class="p37 ft2">hur</P></TD>
<TD class="tr4 td131"><P class="p18 ft2">ett</P></TD>
<TD colspan=5 class="tr4 td194"><P class="p23 ft3">kreditinstitut</P></TD>
<TD colspan=2 class="tr4 td230"><P class="p412 ft2">uppfyller</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">på sådana metoder som kräver</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p37 ft2">ställda krav på sådana metoder som</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td177"><P class="p18 ft2">tillstånd</P></TD>
<TD colspan=2 class="tr5 td156"><P class="p24 ft2">från</P></TD>
<TD colspan=2 class="tr5 td98"><P class="p343 ft2">de</P></TD>
<TD colspan=3 class="tr5 td67"><P class="p291 ft2">behöriga</P></TD>
<TD colspan=9 class="tr5 td228"><P class="p37 ft2">kräver tillstånd från de behöriga</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td206"><P class="p18 ft2">myndigheterna</P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td98"><P class="p159 ft31">innan</P></TD>
<TD class="tr4 td127"><P class="p44 ft2">de</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p291 ft2">får</P></TD>
<TD colspan=4 class="tr4 td194"><P class="p37 ft2">myndigheterna</P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td233"><P class="p108 ft31">innan</P></TD>
<TD class="tr4 td56"><P class="p32 ft2">de</P></TD>
<TD class="tr4 td126"><P class="p412 ft2">får</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td177"><P class="p18 ft2">användas</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p358 ft2">för</P></TD>
<TD colspan=2 class="tr4 td98"><P class="p368 ft2">att</P></TD>
<TD colspan=3 class="tr4 td67"><P class="p291 ft2">beräkna</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p37 ft31">användas</P></TD>
<TD colspan=3 class="tr4 td160"><P class="p469 ft2">för</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p108 ft2">att</P></TD>
<TD colspan=2 class="tr4 td230"><P class="p412 ft2">beräkna</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td49"><P class="p18 ft2">kapitalbaskraven</P></TD>
<TD class="tr5 td181"><P class="p79 ft2">i</P></TD>
<TD colspan=2 class="tr5 td149"><P class="p44 ft2">enlighet</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p291 ft2">med</P></TD>
<TD colspan=4 class="tr5 td194"><P class="p37 ft31">kapitalbaskraven</P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft2">i</P></TD>
<TD colspan=2 class="tr5 td177"><P class="p18 ft2">enlighet</P></TD>
<TD class="tr5 td126"><P class="p412 ft2">med</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td49"><P class="p18 ft2">artiklarna <NOBR>92–386</NOBR></P></TD>
<TD class="tr4 td181"><P class="p77 ft2">i</P></TD>
<TD colspan=4 class="tr4 td173"><P class="p291 ft2">tillsynsförord-</P></TD>
<TD colspan=5 class="tr4 td147"><P class="p37 ft2">artiklarna <NOBR>92–386</NOBR></P></TD>
<TD class="tr4 td181"><P class="p43 ft2">i</P></TD>
<TD colspan=3 class="tr4 td144"><P class="p412 ft2">tillsynsförord-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">ningen. Vid bedömningen ska särskilt</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p37 ft2">ningen. Vid bedömningen ska särskilt</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td49"><P class="p18 ft2">uppmärksammas</P></TD>
<TD colspan=4 class="tr5 td107"><P class="p77 ft2">förändringar</P></TD>
<TD class="tr5 td59"><P class="p291 ft2">i</P></TD>
<TD colspan=9 class="tr5 td228"><P class="p37 ft31">uppmärksammas förändringar i <SPAN class="ft21">kredit-</SPAN></P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">institutets </SPAN>affärsverksamhet och hur</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p37 ft21">institutets</P></TD>
<TD colspan=6 class="tr4 td202"><P class="p80 ft2">affärsverksamhet och</P></TD>
<TD class="tr4 td126"><P class="p412 ft2">hur</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">interna metoder tillämpas på nya</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p37 ft2">interna metoder tillämpas på nya</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td206"><P class="p18 ft2">produkter.</P></TD>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td74"><P class="p37 ft2">produkter.</P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr13 td235"><P class="p218 ft2">2 §</P></TD>
<TD class="tr13 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td85"><P class="p16 ft2">Om det framkommer att ett</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td228"><P class="p23 ft2">Om det framkommer att ett</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td85"><P class="p18 ft2"><SPAN class="ft3">instituts </SPAN>interna metoder enligt 1 §</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td74"><P class="p18 ft3">kreditinstituts</P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td54"><P class="p18 ft2">interna</P></TD>
<TD colspan=2 class="tr5 td230"><P class="p23 ft2">metoder</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td85"><P class="p18 ft31">innebär väsentliga brister i fråga om</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td228"><P class="p18 ft2">enligt 1 § innebär väsentliga brister</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">förmågan att identifiera risker, ska</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td228"><P class="p18 ft2">i fråga om förmågan att identifiera</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td242"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr5 td126"><P class="p30 ft2">se</P></TD>
<TD class="tr5 td127"><P class="p207 ft2">till</P></TD>
<TD class="tr5 td31"><P class="p16 ft2">att</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft2">risker,</P></TD>
<TD colspan=7 class="tr5 td96"><P class="p32 ft2">ska Finansinspektionen</P></TD>
<TD class="tr5 td126"><P class="p23 ft2">se</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td177"><P class="p18 ft3">institutet</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p18 ft2">åtgärdar</P></TD>
<TD colspan=3 class="tr4 td101"><P class="p44 ft2">metoderna</P></TD>
<TD class="tr4 td31"><P class="p16 ft2">eller</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td54"><P class="p18 ft2">till att</P></TD>
<TD colspan=5 class="tr4 td194"><P class="p23 ft21">kreditinstitutet</P></TD>
<TD colspan=2 class="tr4 td230"><P class="p23 ft2">åtgärdar</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">vidtar nödvändiga åtgärder för att</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p18 ft2">metoderna eller vidtar nödvändiga</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td208"><P class="p18 ft2">minska följderna av dem.</P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td228"><P class="p18 ft2">åtgärder för att minska följderna av</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft2">dem.</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr13 td235"><P class="p218 ft2">3 §</P></TD>
<TD class="tr13 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td85"><P class="p16 ft2">Om ett <SPAN class="ft3">institut </SPAN>som beviljats</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p39 ft2">Om</P></TD>
<TD colspan=2 class="tr5 td89"><P class="p159 ft2">ett</P></TD>
<TD colspan=6 class="tr5 td187"><P class="p23 ft3">kreditinstitut <SPAN class="ft2">som</SPAN></P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">tillstånd att använda sig av en</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td228"><P class="p18 ft2">beviljats tillstånd att använda sig av</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">metod som avses i 1 § inte längre</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p18 ft2">en metod som avses i 1 § inte längre</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td85"><P class="p18 ft2">uppfyller kraven för användning av</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td228"><P class="p18 ft2">uppfyller kraven för användning av</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td177"><P class="p18 ft2">metoden,</P></TD>
<TD class="tr4 td88"><P class="p43 ft2">ska</P></TD>
<TD colspan=6 class="tr4 td202"><P class="p108 ft31">Finansinspektionen</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p18 ft2">metoden,</P></TD>
<TD class="tr4 td56"><P class="p182 ft2">ska</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td120"><P class="p23 ft31">Finansinspektionen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td49"><P class="p18 ft2">kräva att <SPAN class="ft3">institutet</SPAN></P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td195"><P class="p18 ft21"><SPAN class="ft31">kräva att </SPAN>kreditinstitutet</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=16 class="tr5 td410"><P class="p39 ft2">1. visar att följderna av att kraven inte uppfylls är oväsentliga, eller</P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD rowspan=2 class="tr19 td227"><P class="p29 ft2">483</P></TD>
</TR>
<TR>
<TD class="tr12 td177"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td88"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td36"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td181"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td126"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td127"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td31"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td59"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td12"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td131"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td56"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td203"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td87"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td181"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td113"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td56"><P class="p18 ft14"> </P></TD>
<TD class="tr12 td126"><P class="p18 ft14"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_484" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:390px;left:330px;width:190px;height:75px;"><SPAN class="ft31">Om det för en intern mark- nadsriskmodell förekommer upp- repade överskridanden som avses i artikel 366 i tillsynsförordningen och det tyder på att modellen inte är</SPAN></DIV>
<DIV style="position:absolute;top:467px;left:330px;width:190px;height:105px;"><SPAN class="ft2">tillräckligt exakt, ska Finansinspektionen återkalla till- ståndet för </SPAN><SPAN class="ft3">kreditinstitutet </SPAN><SPAN class="ft2">att använda den modellen eller vidta lämpliga åtgärder för att säkerställa att </SPAN><SPAN class="ft3">kreditinstitutet </SPAN><SPAN class="ft2">snarast förbättrar modellen.</SPAN></DIV>
<DIV style="position:absolute;top:66px;left:330px;width:190px;height:150px;"><SPAN class="ft2">Om det bedöms osannolikt att den åtgärdsplan som presenteras leder till att kraven kommer att uppfyllas eller om tidsfristen för att genomföra den inte är till- fredsställande, ska Finansinspek- tionen kräva förbättringar av planen. Om det är osannolikt att </SPAN><SPAN class="ft3">kreditinstitutet </SPAN><SPAN class="ft2">inom en lämplig tidsfrist åter kommer att uppfylla</SPAN></DIV>
<DIV style="position:absolute;top:219px;left:330px;width:190px;height:135px;"><SPAN class="ft2">tillämpliga krav eller om </SPAN><SPAN class="ft3">kreditinstitutet </SPAN><SPAN class="ft2">inte på ett till- fredsställande sätt lyckas visa att följderna av konstaterade brister är oväsentliga, ska tillståndet att använda sig av metoden antingen begränsas till områden där kraven kan uppfyllas inom en lämplig tidsfrist eller återkallas.</SPAN></DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">484</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p123 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">presenterar en åtgärdsplan för att i god tid åter uppfylla kraven och ange en tid inom vilken planen ska genomföras.</SPAN></P>
<P style="text-align: left;padding-left: 188px;margin-top: 18px;margin-bottom: 0px;" class="ft2">4 §</P>
<P style="text-align: justify;padding-right: 272px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Om det bedöms osannolikt att den åtgärdsplan som presenteras leder till att kraven kommer att uppfyllas eller om tidsfristen för att genomföra den inte är till- fredsställande, ska Finansinspek- tionen kräva förbättringar av planen. Om det är osannolikt att <SPAN class="ft3">institutet </SPAN>inom en lämplig tidsfrist</P>
<P style="text-align: justify;padding-right: 272px;margin-top: 3px;margin-bottom: 0px;" class="ft2">åter kommer att uppfylla tillämpliga krav eller om <SPAN class="ft3">institutet </SPAN>inte på ett tillfredsställande sätt lyckas visa att följderna av konstaterade brister är oväsentliga, ska tillståndet att använda sig av metoden antingen begränsas till områden där kraven kan uppfyllas inom en lämplig tidsfrist eller återkallas.</P>
<P style="text-align: left;padding-left: 188px;margin-top: 36px;margin-bottom: 0px;" class="ft2">5 §</P>
<P style="text-align: justify;padding-right: 267px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Om det för en intern mark- nadsriskmodell förekommer upp- repade överskridanden som avses i artikel 366 i tillsynsförordningen och det tyder på att modellen inte är</P>
<P style="text-align: justify;padding-right: 272px;margin-top: 2px;margin-bottom: 0px;" class="ft2">tillräckligt exakt, ska Finansinspektionen återkalla till- ståndet för <SPAN class="ft3">institutet </SPAN>att använda den modellen eller vidta lämpliga åtgärder för att säkerställa att <SPAN class="ft3">in- stitutet </SPAN>snarast förbättrar modellen.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 393px;margin-top: 32px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td22"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td68"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td152"><P class="p352 ft2">6 §</P></TD>
<TD class="tr2 td67"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td234"><P class="p39 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td68"><P class="p18 ft2">får</P></TD>
<TD class="tr4 td171"><P class="p108 ft2">vidta</P></TD>
<TD colspan=2 class="tr4 td161"><P class="p48 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td68"><P class="p30 ft2">får</P></TD>
<TD class="tr4 td56"><P class="p16 ft2">vidta</P></TD>
</TR>
<TR>
<TD class="tr5 td22"><P class="p18 ft2">korrigerande</P></TD>
<TD class="tr5 td98"><P class="p18 ft2">åtgärder</P></TD>
<TD class="tr5 td68"><P class="p24 ft2">för</P></TD>
<TD class="tr5 td171"><P class="p108 ft2">ett</P></TD>
<TD class="tr5 td235"><P class="p18 ft2">korrigerande</P></TD>
<TD class="tr5 td67"><P class="p39 ft2">åtgärder</P></TD>
<TD class="tr5 td68"><P class="p247 ft2">för</P></TD>
<TD class="tr5 td56"><P class="p16 ft2">ett</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">instituts </SPAN>interna metoder, om det</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2"><SPAN class="ft3">kreditinstituts </SPAN>interna metoder, om</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">klart kan fastställas att <SPAN class="ft3">institutets</SPAN></P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">det klart kan fastställas att</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td109"><P class="p18 ft2">metoder leder till en underskattning</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft3">kreditinstitutets <SPAN class="ft2">metoder leder till</SPAN></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">av kapitalbaskraven som inte kan</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">en underskattning av kapital-</P></TD>
</TR>
<TR>
<TD class="tr4 td22"><P class="p18 ft2">tillskrivas</P></TD>
<TD colspan=2 class="tr4 td65"><P class="p73 ft2">skillnader</P></TD>
<TD class="tr4 td171"><P class="p108 ft2">i</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">baskraven som inte kan tillskrivas</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td109"><P class="p18 ft2">exponeringarnas eller positionernas</P></TD>
<TD class="tr5 td235"><P class="p18 ft2">skillnader i</P></TD>
<TD colspan=2 class="tr5 td73"><P class="p247 ft31">exponeringarnas</P></TD>
<TD class="tr5 td56"><P class="p16 ft2">eller</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td234"><P class="p18 ft2">underliggande risker.</P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">positionernas underliggande risker.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_485" style="position:relative; overflow: hidden;margin: 50px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD class="tr2 td81"><P class="p39 ft2">De korrigerande åtgärderna ska syfta till att målen i en intern metod</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2">upprätthålls.</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 7</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 174px;margin-top: 17px;margin-bottom: 0px;" class="ft22">5 a kap.</P>
<P style="text-align: left;padding-left: 204px;padding-right: 193px;margin-top: 0px;margin-bottom: 0px;" class="ft65">Tillsyn över interna modeller för värdepappersbolag</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 301px;margin-left: 204px;margin-top: 11px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr2 td16"><P class="p18 ft3">1 §</P></TD>
<TD class="tr2 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td159"><P class="p39 ft21">Finansinspektionen</P></TD>
<TD colspan=2 class="tr4 td60"><P class="p267 ft3">ska löpande,</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p18 ft3">åtminstone vart tredje år, granska</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p18 ft3">hur ett värdepappersbolag upp-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td407"><P class="p18 ft3">fyller ställda krav för att få tillstånd</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p18 ft3">att använda de interna modeller</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft3">som</P></TD>
<TD class="tr4 td35"><P class="p45 ft3">avses</P></TD>
<TD class="tr4 td123"><P class="p32 ft3">i</P></TD>
<TD class="tr4 td148"><P class="p80 ft3">artikel 22</P></TD>
<TD class="tr4 td122"><P class="p267 ft21">i</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td252"><P class="p18 ft21">värdepappersbolagsförordningen.</P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p18 ft3">Vid bedömningen ska särskild vikt</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p18 ft3">läggas vid förändringar i värde-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td407"><P class="p18 ft3">pappersbolagets affärsverksamhet</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p18 ft3">och hur interna modeller används</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td159"><P class="p18 ft3">på nya produkter.</P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td16"><P class="p18 ft3">2 §</P></TD>
<TD class="tr18 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p267 ft3">Om det framkommer att ett</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td159"><P class="p18 ft21">värdepappersbolags</P></TD>
<TD colspan=2 class="tr5 td60"><P class="p267 ft21">interna model-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td16"><P class="p18 ft3">ler</P></TD>
<TD class="tr4 td35"><P class="p18 ft3">enligt 1 §</P></TD>
<TD colspan=3 class="tr4 td115"><P class="p267 ft3">innebär väsentliga</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p18 ft3">brister i fråga om förmågan att</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td407"><P class="p18 ft3">identifiera risker, ska Finans-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p18 ft3">inspektionen se till att bolaget åt-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p18 ft3">gärdar bristerna eller vidtar nöd-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td407"><P class="p18 ft3">vändiga åtgärder för att minska</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td159"><P class="p18 ft3">följderna av dem.</P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td16"><P class="p18 ft3">3 §</P></TD>
<TD class="tr18 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p267 ft3">Om ett värdepappersbolag som</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p18 ft3">beviljats tillstånd att använda in-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td407"><P class="p18 ft3">terna modeller som avses i 1 § inte</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p18 ft3">längre uppfyller kraven för använd-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p18 ft3">ning av modellerna, ska Finans-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td407"><P class="p18 ft3">inspektionen kräva att värdepap-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td175"><P class="p18 ft3">persbolaget</P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p267 ft3">1. visar att följderna av att kra-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td407"><P class="p18 ft3">ven inte uppfylls är oväsentliga,</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td175"><P class="p18 ft3">eller</P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p267 ft3">2. presenterar en åtgärdsplan för</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td407"><P class="p18 ft3">att uppfylla kraven och anger en tid</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td252"><P class="p18 ft21">inom vilken planen ska genomföras.</P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td16"><P class="p18 ft3">4 §</P></TD>
<TD class="tr18 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p267 ft3">Om det bedöms osannolikt att den</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td407"><P class="p18 ft3">åtgärdsplan som presenteras leder</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr2 td407"><P class="p18 ft3">till att kraven kommer att uppfyllas</P></TD>
<TD class="tr2 td80"><P class="p16 ft2">485</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_486" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:572px;left:330px;width:190px;height:60px;"><SPAN class="ft2">1. företag som står under tillsyn utifrån sin konsoliderade situation enligt denna lag eller enligt en utländsk offentlig reglering som</SPAN></DIV>
<DIV style="position:absolute;top:633px;left:330px;width:190px;height:90px;"><SPAN class="ft31">bygger på kapitaltäck- ningsdirektivet </SPAN><SPAN class="ft21">eller värdepappers- bolagsdirektivet eller företag som ingår i en företagsgrupp på vilken ett beslut enligt artikel 8 i värdepap- persbolagsförordningen har fattats</SPAN><SPAN class="ft31">,</SPAN></DIV>
<DIV style="position:absolute;top:725px;left:330px;width:190px;height:45px;"><SPAN class="ft2">2. andra dotterföretag till ett institut eller ett finansiellt hold- ingföretag</SPAN><SPAN class="ft3">, </SPAN><SPAN class="ft2">ett blandat finansiellt</SPAN></DIV>
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 575px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 218px;padding: 0px;border:none;width: 258px;overflow: hidden;">
<P style="text-align: justify;padding-right: 63px;margin-top: 0px;margin-bottom: 0px;" class="ft3">eller om tidsfristen för att genomföra den inte är tillfreds- ställande, ska Finansinspektionen kräva förbättringar av planen. Om det är osannolikt att värde- pappersbolaget inom den angivna tidsfristen kommer att uppfylla tillämpliga krav eller om värde- pappersbolaget inte på ett tillfreds- ställande sätt lyckas visa att följ- derna av konstaterade brister är oväsentliga, ska tillståndet att an- vända sig av de interna modellerna antingen begränsas till områden där kraven kan uppfyllas inom en lämplig tidsfrist eller återkallas.</P>
<P class="p670 ft3">5 §</P>
<P class="p996 ft21">Om det beträffande intern- modellerna över marknadsrisk före- kommer upprepade överskridanden som avses i artikel 366 i tillsyns- förordningen och det tyder på att modellerna inte är tillräckligt exakta, ska Finansinspektionen återkalla tillståndet för värdepap- persbolaget att använda modellerna eller vidta lämpliga åtgärder för att säkerställa att värdepappersbolaget snarast inom en bestämd tidsram förbättrar modellerna.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 37px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P class="p144 ft22">6 kap.</P>
<P class="p514 ft2">1 §</P>
<P class="p477 ft2">Följande företag ska till Finansinspektionen lämna de upplysningar om sin verksamhet och därmed sammanhängande omständigheter som inspektionen begär för tillsynen:</P>
<P style="text-align: justify;padding-left: 127px;padding-right: 272px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2">1. företag som står under tillsyn utifrån sin konsoliderade situation enligt denna lag eller enligt en utländsk offentlig reglering som</P>
<P class="p549 ft2">bygger på kapitaltäck- ningsdirektivet,</P>
<P style="text-align: justify;padding-left: 127px;padding-right: 272px;margin-top: 62px;margin-bottom: 0px;text-indent: 11px;" class="ft2">2. andra dotterföretag till ett institut eller ett finansiellt hold-</P>
<P class="p540 ft66">ingföretag <SPAN class="ft75">eller </SPAN>ett blandat finan-</P>
<P class="p14 ft2">486</P>
</DIV>
</DIV>
<DIV id="page_487" style="position:relative; overflow: hidden;margin: 50px 0px 79px 0px;padding: 0px;border: none;width: 624px;">
<DIV style="position:absolute;top:656px;left:273px;width:188px;height:120px;"><SPAN class="ft31">1. företag som enligt 7 § ska lämna uppgifter samt hos finan- siella holdingföretag, holding- företag med blandad verksamhet</SPAN><SPAN class="ft21">, </SPAN><SPAN class="ft31">blandade finansiella holdingföretag </SPAN><SPAN class="ft21">och värdepappersinriktade holding- företag </SPAN><SPAN class="ft31">för att kontrollera den gruppbaserade redovisningen eller</SPAN></DIV>
<TABLE cellpadding=0 cellspacing=0 style="width: 506px;margin-left: 68px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td50"><P class="p18 ft2">siellt holdingföretag än de som</P></TD>
<TD class="tr2 td228"><P class="p18 ft3"><SPAN class="ft2">holdingföretag </SPAN>eller ett värdepap-</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">avses i 1,</P></TD>
<TD class="tr5 td228"><P class="p18 ft3">persinriktat holdingföretag <SPAN class="ft2">än de</SPAN></P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 7</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td228"><P class="p18 ft2">som avses i 1,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p168 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">holdingföretag med blandad verksamhet och dotterföretag till holdingföretag med blandad verksamhet,</SPAN></P>
<P class="p166 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">blandade finansiella holdingföretag, och</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t25">
<TR>
<TD class="tr5 td50"><P class="p107 ft2">5. företag som fått i uppdrag av</P></TD>
<TD colspan=3 class="tr5 td85"><P class="p16 ft2">5. företag som fått i uppdrag av</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">ett institut eller ett finansiellt</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">ett institut eller ett finansiellt</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">holdingföretag, holdingföretag med</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">holdingföretag, holdingföretag med</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">blandad verksamhet <SPAN class="ft3">eller </SPAN>blandat</P></TD>
<TD class="tr4 td27"><P class="p18 ft2">blandad</P></TD>
<TD class="tr4 td151"><P class="p18 ft2">verksamhet<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr4 td114"><P class="p16 ft31">blandat</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2">finansiellt holdingföretag att utföra</P></TD>
<TD class="tr5 td27"><P class="p18 ft2">finansiellt</P></TD>
<TD class="tr5 td151"><P class="p77 ft2">holdingföretag</P></TD>
<TD class="tr5 td114"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">ett visst arbete eller vissa</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft21">värdepappersinriktat holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p342 ft2">funktioner.</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">att utföra ett visst arbete eller vissa</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td27"><P class="p18 ft2">funktioner.</P></TD>
<TD class="tr5 td151"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p166 ft2">Om företaget inte lämnar upplysningarna till Finansinspektionen, får</P>
<TABLE cellpadding=0 cellspacing=0 class="t25">
<TR>
<TD colspan=9 class="tr5 td23"><P class="p18 ft2">inspektionen förelägga företaget att göra det.</P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td123"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td24"><P class="p19 ft2">4 §</P></TD>
<TD class="tr13 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p186 ft2">Finansinspektionen får hänskjuta</P></TD>
<TD colspan=8 class="tr4 td63"><P class="p16 ft2">Finansinspektionen får hänskjuta</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft2">frågor som rör ett förfarande av en</P></TD>
<TD colspan=8 class="tr4 td63"><P class="p16 ft2">frågor som rör ett förfarande av en</P></TD>
</TR>
<TR>
<TD class="tr5 td75"><P class="p18 ft2">annan</P></TD>
<TD colspan=2 class="tr5 td54"><P class="p80 ft2">behörig</P></TD>
<TD colspan=3 class="tr5 td80"><P class="p1 ft2">myndighet</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p186 ft2">inom</P></TD>
<TD class="tr5 td156"><P class="p77 ft2">annan</P></TD>
<TD colspan=2 class="tr5 td54"><P class="p37 ft2">behörig</P></TD>
<TD colspan=3 class="tr5 td80"><P class="p1 ft2">myndighet</P></TD>
<TD colspan=2 class="tr5 td126"><P class="p16 ft2">inom</P></TD>
</TR>
<TR>
<TD class="tr4 td75"><P class="p18 ft2">EES</P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft2">till</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td129"><P class="p44 ft2">Europeiska</P></TD>
<TD class="tr4 td156"><P class="p77 ft2">EES</P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft2">till</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td71"><P class="p16 ft2">Europeiska</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td174"><P class="p18 ft31">bankmyndigheten</P></TD>
<TD colspan=2 class="tr4 td56"><P class="p78 ft2">för</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p18 ft2">tvistlösning</P></TD>
<TD class="tr4 td36"><P class="p44 ft2">i</P></TD>
<TD colspan=3 class="tr4 td227"><P class="p77 ft31">bankmyndigheten</P></TD>
<TD colspan=2 class="tr4 td113"><P class="p448 ft2">för</P></TD>
<TD colspan=2 class="tr4 td80"><P class="p18 ft2">tvistlösning</P></TD>
<TD class="tr4 td273"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD class="tr5 td75"><P class="p18 ft2">de</P></TD>
<TD class="tr5 td68"><P class="p32 ft2">fall</P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td56"><P class="p18 ft2">som</P></TD>
<TD colspan=3 class="tr5 td129"><P class="p186 ft2">framgår</P></TD>
<TD class="tr5 td156"><P class="p77 ft2">de</P></TD>
<TD class="tr5 td68"><P class="p32 ft2">fall</P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td113"><P class="p18 ft2">som</P></TD>
<TD colspan=3 class="tr5 td71"><P class="p16 ft2">framgår</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td120"><P class="p18 ft2">av artiklarna 112.2,</P></TD>
<TD colspan=4 class="tr4 td206"><P class="p186 ft2">116 och 133</P></TD>
<TD colspan=4 class="tr4 td153"><P class="p77 ft2">av artiklarna 112.2,</P></TD>
<TD colspan=4 class="tr4 td158"><P class="p16 ft2">116 och 133</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td226"><P class="p18 ft2">i kapitaltäckningsdirektivet.</P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td179"><P class="p77 ft2">i kapitaltäckningsdirektivet</P></TD>
<TD colspan=2 class="tr4 td126"><P class="p16 ft3">och</P></TD>
</TR>
<TR>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td129"><P class="p77 ft3">artikel 48 i</P></TD>
<TD colspan=6 class="tr5 td195"><P class="p16 ft3">värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td129"><P class="p77 ft3">direktivet<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td123"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td24"><P class="p19 ft2">5 §</P></TD>
<TD class="tr13 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td66"><P class="p39 ft2">Finansinspektionen</P></TD>
<TD class="tr5 td75"><P class="p48 ft2">får</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p186 ft2">även</P></TD>
<TD colspan=5 class="tr5 td172"><P class="p206 ft2">Finansinspektionen</P></TD>
<TD class="tr5 td125"><P class="p24 ft2">får</P></TD>
<TD colspan=2 class="tr5 td126"><P class="p16 ft2">även</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft2">hänskjuta sådana frågor som avses i</P></TD>
<TD colspan=8 class="tr4 td63"><P class="p16 ft2">hänskjuta sådana frågor som avses i</P></TD>
</TR>
<TR>
<TD class="tr4 td75"><P class="p18 ft2">4 §</P></TD>
<TD class="tr4 td68"><P class="p18 ft2">till</P></TD>
<TD colspan=4 class="tr4 td73"><P class="p468 ft2">Europeiska</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p44 ft2">bank-</P></TD>
<TD class="tr4 td156"><P class="p77 ft2">4 §</P></TD>
<TD class="tr4 td68"><P class="p18 ft2">till</P></TD>
<TD colspan=4 class="tr4 td73"><P style="text-align: center;padding-right: 17px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">Europeiska</P></TD>
<TD colspan=2 class="tr4 td126"><P class="p16 ft2">bank-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td71"><P class="p18 ft2">myndigheten</P></TD>
<TD colspan=2 class="tr5 td171"><P class="p48 ft2">för</P></TD>
<TD colspan=3 class="tr5 td176"><P class="p18 ft2">tvistlösning</P></TD>
<TD class="tr5 td36"><P class="p186 ft2">i</P></TD>
<TD colspan=2 class="tr5 td129"><P class="p77 ft2">myndigheten</P></TD>
<TD colspan=2 class="tr5 td125"><P class="p48 ft2">för</P></TD>
<TD colspan=3 class="tr5 td91"><P class="p18 ft2">tvistlösning</P></TD>
<TD class="tr5 td273"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td226"><P class="p18 ft2">enlighet med artiklarna 41.2,</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p44 ft2">43.5,</P></TD>
<TD colspan=6 class="tr4 td179"><P class="p77 ft2">enlighet med artiklarna 41.2,</P></TD>
<TD colspan=2 class="tr4 td126"><P class="p16 ft2">43.5,</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft2">50.4 och 51.2 i kapitaltäcknings-</P></TD>
<TD colspan=8 class="tr4 td63"><P class="p16 ft2">50.4 och 51.2 i kapitaltäcknings-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td71"><P class="p18 ft2">direktivet.</P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td63"><P class="p16 ft3"><SPAN class="ft2">direktivet </SPAN>och artikel 13.5 i värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td179"><P class="p77 ft3">pappersbolagsdirektivet<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 256px;margin-top: 19px;margin-bottom: 0px;" class="ft2">8 §</P>
<P class="p170 ft2">Finansinspektionen får, när inspektionen anser att det behövs för tillsynen, göra undersökningar hos</P>
<P style="text-align: justify;padding-left: 68px;padding-right: 367px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2">1. företag som enligt 7 § ska lämna uppgifter samt hos finan- siella holdingföretag, holding- företag med blandad verksamhet <SPAN class="ft3">och </SPAN>blandade finansiella holding- företag för att kontrollera den gruppbaserade redovisningen eller</P>
<P style="text-align: right;padding-right: 51px;margin-top: 10px;margin-bottom: 0px;" class="ft2">487</P>
</DIV>
<DIV id="page_488" style="position:relative; overflow: hidden;margin: 50px 0px 76px 36px;padding: 0px;border: none;width: 520px;">
<TABLE cellpadding=0 cellspacing=0 class="t82">
<TR>
<TD class="tr2 td199"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr2 td50"><P class="p18 ft2">samlade informationen som före-</P></TD>
<TD class="tr2 td95"><P class="p18 ft2">samlade</P></TD>
<TD class="tr2 td204"><P class="p18 ft2">informationen</P></TD>
<TD class="tr2 td31"><P class="p18 ft2">som</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft2">Bilaga 7</P></TD>
<TD class="tr5 td50"><P class="p18 ft2">tagen är skyldiga att lämna,</P></TD>
<TD colspan=3 class="tr5 td85"><P class="p18 ft2">företagen är skyldiga att lämna,</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 127px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">företag som har fått i uppdrag av ett institut eller ett holdingföretag som avses i 1 att utföra ett visst arbete eller vissa funktioner, och</SPAN></P>
<P style="text-align: left;padding-left: 127px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">företag som ingår i en grupp som Finansinspektionen enligt 4 kap. 1 § ska utöva tillsyn över.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 style="width: 393px;margin-left: 127px;margin-top: 16px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td68"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td14"><P style="text-align: right;padding-right: 37px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">10 §</P></TD>
<TD class="tr2 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">En styrelseledamot eller be-</P></TD>
<TD colspan=8 class="tr4 td110"><P class="p16 ft2">En styrelseledamot eller be-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td159"><P class="p18 ft2">fattningshavare hos</P></TD>
<TD class="tr4 td174"><P class="p108 ft2">ett finansiellt</P></TD>
<TD colspan=3 class="tr4 td206"><P class="p18 ft2">fattningshavare</P></TD>
<TD class="tr4 td69"><P class="p80 ft2">hos</P></TD>
<TD class="tr4 td16"><P class="p43 ft2">ett</P></TD>
<TD colspan=3 class="tr4 td67"><P class="p16 ft2">finansiellt</P></TD>
</TR>
<TR>
<TD class="tr4 td158"><P class="p18 ft2">holdingföretag</P></TD>
<TD colspan=2 class="tr4 td164"><P class="p108 ft2"><SPAN class="ft3">eller </SPAN>ett blandat</P></TD>
<TD colspan=3 class="tr4 td206"><P class="p18 ft2">holdingföretag<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft2">ett</P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td53"><P class="p16 ft2">blandat</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2">finansiellt holdingföretag som i den</P></TD>
<TD colspan=2 class="tr5 td183"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=4 class="tr5 td158"><P class="p18 ft2">holdingföretag</P></TD>
<TD colspan=2 class="tr5 td53"><P class="p16 ft3">eller ett</P></TD>
</TR>
<TR>
<TD class="tr4 td158"><P class="p18 ft2">egenskapen</P></TD>
<TD class="tr4 td68"><P class="p18 ft2">får</P></TD>
<TD class="tr4 td174"><P class="p108 ft2">kunskap om</P></TD>
<TD colspan=8 class="tr4 td110"><P class="p16 ft3">värdepappersinriktat holdingföre-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">affärsförhållanden i ett företag som</P></TD>
<TD colspan=8 class="tr4 td110"><P class="p16 ft2"><SPAN class="ft3">tag </SPAN>som i den egenskapen får</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2">enligt 7 § ska lämna uppgifter, får</P></TD>
<TD colspan=8 class="tr5 td110"><P class="p16 ft2">kunskap om affärsförhållanden i ett</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">inte obehörigen röja vad han eller</P></TD>
<TD class="tr4 td62"><P class="p18 ft2">företag</P></TD>
<TD colspan=2 class="tr4 td155"><P class="p39 ft2">som</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p37 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td88"><P class="p108 ft2">7 §</P></TD>
<TD class="tr4 td123"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft31">hon fått veta och inte heller utnyttja</P></TD>
<TD colspan=2 class="tr4 td183"><P class="p18 ft3">artikel 7.1</P></TD>
<TD colspan=6 class="tr4 td267"><P class="p16 ft3">i värdepappersbolags-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2">kunskapen i strid med det uppgifts-</P></TD>
<TD colspan=8 class="tr5 td110"><P class="p16 ft2"><SPAN class="ft3">förordningen </SPAN>ska lämna uppgifter,</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">lämnande företagets intresse.</P></TD>
<TD colspan=8 class="tr4 td110"><P class="p16 ft2">får inte obehörigen röja vad han</P></TD>
</TR>
<TR>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td110"><P class="p16 ft2">eller hon fått veta och inte heller</P></TD>
</TR>
<TR>
<TD class="tr5 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td174"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td110"><P class="p16 ft2">utnyttja kunskapen i strid med det</P></TD>
</TR>
<TR>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td159"><P class="p18 ft2">uppgiftslämnande</P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td67"><P class="p16 ft2">företagets</P></TD>
</TR>
<TR>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td183"><P class="p18 ft2">intresse.</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr15 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td68"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr15 td14"><P style="text-align: right;padding-right: 33px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">11 §<SPAN class="ft20">10</SPAN></P></TD>
<TD class="tr15 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">Ett finansiellt holdingföretag <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=8 class="tr4 td110"><P class="p16 ft2">Ett finansiellt holdingföretag<SPAN class="ft3">, </SPAN>ett</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">ett blandat finansiellt hold-</P></TD>
<TD class="tr4 td62"><P class="p18 ft2">blandat</P></TD>
<TD colspan=3 class="tr4 td95"><P class="p77 ft2">finansiellt</P></TD>
<TD colspan=4 class="tr4 td146"><P class="p16 ft2">holdingföretag</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2">ingföretag är skyldiga att lämna ut</P></TD>
<TD class="tr5 td62"><P class="p18 ft3">och</P></TD>
<TD class="tr5 td131"><P class="p18 ft3">ett</P></TD>
<TD colspan=6 class="tr5 td267"><P class="p16 ft3">värdepappersinriktat</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">uppgifter om enskildas för-</P></TD>
<TD colspan=3 class="tr4 td206"><P class="p18 ft3">holdingföretag</P></TD>
<TD class="tr4 td69"><P class="p77 ft2">är</P></TD>
<TD colspan=3 class="tr4 td102"><P class="p182 ft2">skyldiga</P></TD>
<TD class="tr4 td123"><P class="p16 ft2">att</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">hållanden till företaget, om det</P></TD>
<TD colspan=8 class="tr4 td110"><P class="p16 ft2">lämna ut uppgifter om enskildas</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2">under en utredning enligt bestäm-</P></TD>
<TD colspan=8 class="tr5 td110"><P class="p16 ft2">förhållanden till företaget, om det</P></TD>
</TR>
<TR>
<TD class="tr4 td158"><P class="p18 ft2">melserna om</P></TD>
<TD colspan=2 class="tr4 td164"><P class="p108 ft2">förundersökning i</P></TD>
<TD class="tr4 td62"><P class="p18 ft2">under</P></TD>
<TD colspan=2 class="tr4 td155"><P class="p35 ft2">en</P></TD>
<TD colspan=3 class="tr4 td177"><P class="p1 ft2">utredning</P></TD>
<TD colspan=2 class="tr4 td53"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">brottmål begärs av undersök-</P></TD>
<TD colspan=3 class="tr4 td206"><P class="p18 ft2">bestämmelserna</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p206 ft2">om</P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td53"><P class="p16 ft2">förunder-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2">ningsledaren eller om det begärs av</P></TD>
<TD colspan=8 class="tr5 td110"><P class="p16 ft2">sökning i brottmål begärs av</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">åklagare i ett ärende om rättslig</P></TD>
<TD colspan=8 class="tr4 td110"><P class="p16 ft2">undersökningsledaren eller om det</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">hjälp i brottmål, på framställning av</P></TD>
<TD colspan=8 class="tr4 td110"><P class="p16 ft2">begärs av åklagare i ett ärende om</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2">en annan stat eller en mellanfolklig</P></TD>
<TD colspan=8 class="tr5 td110"><P class="p16 ft2">rättslig hjälp i brottmål, på</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">domstol, eller i ett ärende om</P></TD>
<TD colspan=8 class="tr4 td110"><P class="p16 ft2">framställning av en annan stat eller</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft31">erkännande och verkställighet av en</P></TD>
<TD colspan=8 class="tr4 td110"><P class="p16 ft2">en mellanfolklig domstol, eller i ett</P></TD>
</TR>
<TR>
<TD class="tr5 td158"><P class="p18 ft2">europeisk</P></TD>
<TD colspan=2 class="tr5 td164"><P class="p108 ft2">utredningsorder.</P></TD>
<TD class="tr5 td62"><P class="p18 ft2">ärende</P></TD>
<TD colspan=2 class="tr5 td155"><P class="p48 ft2">om</P></TD>
<TD colspan=4 class="tr5 td158"><P class="p80 ft2">erkännande</P></TD>
<TD class="tr5 td123"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">Uppgifterna ska lämnas ut utan</P></TD>
<TD colspan=3 class="tr4 td206"><P class="p18 ft2">verkställighet</P></TD>
<TD class="tr4 td69"><P class="p18 ft2">av</P></TD>
<TD class="tr4 td16"><P class="p79 ft2">en</P></TD>
<TD colspan=3 class="tr4 td67"><P class="p16 ft2">europeisk</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">dröjsmål och i elektronisk form.</P></TD>
<TD colspan=7 class="tr4 td137"><P class="p18 ft2">utredningsorder. Uppgifterna</P></TD>
<TD class="tr4 td123"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD class="tr5 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td174"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td110"><P class="p16 ft2">lämnas ut utan dröjsmål och i</P></TD>
</TR>
<TR>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td159"><P class="p18 ft2">elektronisk form.</P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 style="width: 252px;margin-top: 88px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p278 ft2">488</P></TD>
<TD class="tr2 td209"><P class="p279 ft27"><SPAN class="ft48">10 </SPAN>Senaste lydelse 2018:1800.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_489" style="position:relative; overflow: hidden;margin: 53px 0px 79px 0px;padding: 0px;border: none;width: 624px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 474px;overflow: hidden;">
<P style="text-align: left;padding-left: 256px;padding-right: 192px;margin-top: 0px;margin-bottom: 0px;text-indent: -9px;" class="ft22"><SPAN class="ft22">7</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t25">
<TR height=0>
<TD width=55px></TD>
<TD width=50px></TD>
<TD width=99px></TD>
<TD width=48px></TD>
<TD width=22px></TD>
<TD width=27px></TD>
<TD width=62px></TD>
<TD width=30px></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft2">Om ett <SPAN class="ft3">institut </SPAN>inte står under</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">Om ett <SPAN class="ft3">kreditinstitut </SPAN>inte står</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft2">gruppbaserad tillsyn enligt arti-</P></TD>
<TD colspan=4 class="tr4 td226"><P class="p18 ft2">under gruppbaserad tillsyn</P></TD>
<TD class="tr4 td126"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p107 ft2">kel 111 i kapitaltäckningsdirektivet</P></TD>
<TD colspan=2 class="tr5 td71"><P class="p18 ft2">artikel 111</P></TD>
<TD class="tr5 td56"><P class="p32 ft2">i</P></TD>
<TD colspan=2 class="tr5 td117"><P class="p16 ft2">kapitaltäcknings-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft2">och dess moderföretag är ett</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">direktivet och dess moderföretag är</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft2">utländskt institut eller ett sådant</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">ett utländskt institut eller ett sådant</P></TD>
</TR>
<TR>
<TD class="tr5 td102"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr5 td245"><P class="p107 ft2">holdingföretag eller</P></TD>
<TD colspan=2 class="tr5 td71"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr5 td73"><P class="p18 ft2">holdingföretag</P></TD>
<TD class="tr5 td126"><P class="p16 ft2">eller</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td57"><P class="p18 ft2">blandat finansiellt</P></TD>
<TD class="tr4 td49"><P class="p107 ft2">holdingföretag</P></TD>
<TD class="tr4 td160"><P class="p18 ft2">blandat</P></TD>
<TD colspan=4 class="tr4 td219"><P class="p16 ft2">finansiellt holdingföretag</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft2">som har sitt huvudkontor utanför</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">som har sitt huvudkontor utanför</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p107 ft2">EES, gäller 2 och 3 §§ för det fall</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft2">EES, gäller 2 och 3 §§ för det fall</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p108 ft2">Finansinspektionen enligt 4 kap. <SPAN class="ft3">2–</SPAN></P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">Finansinspektionen enligt 4 kap. <SPAN class="ft3">1–</SPAN></P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft2"><SPAN class="ft3">4 </SPAN>§§ skulle ha utövat tillsynen över</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2"><SPAN class="ft3">3 </SPAN>§§ skulle ha utövat tillsynen över</P></TD>
</TR>
<TR>
<TD class="tr5 td102"><P class="p18 ft2">gruppen</P></TD>
<TD class="tr5 td149"><P class="p18 ft2">om de</P></TD>
<TD class="tr5 td49"><P class="p107 ft31">bestämmelserna</P></TD>
<TD class="tr5 td160"><P class="p18 ft2">gruppen</P></TD>
<TD colspan=2 class="tr5 td122"><P class="p77 ft2">om de</P></TD>
<TD colspan=2 class="tr5 td117"><P class="p16 ft2">bestämmelserna</P></TD>
</TR>
<TR>
<TD class="tr4 td102"><P class="p18 ft2">hade gällt.</P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td71"><P class="p18 ft2">hade gällt.</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 272px;margin-top: 16px;margin-bottom: 0px;" class="ft3">4 §</P>
<P style="text-align: justify;padding-left: 272px;padding-right: 12px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft21">Om ett värdepappersbolag, som inte står under tillsyn på gruppnivå, ingår i en grupp med minst ytterligare ett värdepappersföretag och det gemensamma moderföretaget har sitt huvudkontor utanför EES, ska</P>
<P style="text-align: right;padding-right: 13px;margin-top: 2px;margin-bottom: 0px;" class="ft3">Finansinspektionen bedöma</P>
<P style="text-align: left;padding-left: 272px;padding-right: 12px;margin-top: 1px;margin-bottom: 0px;" class="ft21">huruvida värdepappersföretagen står under tillsyn av till- synsmyndigheten i landet utanför EES som är likvärdig med den tillsyn som anges i artiklarna <NOBR>1–8</NOBR> i värdepappersbolagsförordningen och i denna lag.</P>
<P style="text-align: left;padding-left: 272px;margin-top: 32px;margin-bottom: 0px;" class="ft3">5 §</P>
<P style="text-align: left;padding-left: 283px;margin-top: 1px;margin-bottom: 0px;" class="ft3">Om Finansinspektionen enligt</P>
<P style="text-align: justify;padding-left: 272px;padding-right: 12px;margin-top: 0px;margin-bottom: 0px;" class="ft21">4 § bedömer att tillsynen inte är likvärdig ska inspektionen, för det fall den enligt 4 kap. <NOBR>1–3</NOBR> §§ skulle ha utövat tillsynen över gruppen om de bestämmelserna hade gällt, besluta om lämpliga tillsynsmeto- der som uppnår tillsynsmålen enligt artikel 7 eller 8 i värdepap- persbolagsförordningen. Finansin- spektionen får kräva etablering av ett värdepappersinriktat holding- företag eller ett blandat finansiellt holdingföretag inom EES och till- lämpa artikel 7 eller 8 i värde- pappersbolagsförordningen på detta företag.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">489</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_490" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 525px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">490</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 398px;overflow: hidden;">
<P style="text-align: justify;padding-left: 203px;padding-right: 5px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Innan Finansinspektionen fattar beslut enligt första stycket ska samråd ske med övriga berörda behöriga myndigheter.</P>
<P style="text-align: justify;padding-left: 203px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Finansinspektionen ska underrätta de berörda behöriga myndigheterna, Europeiska kommissionen och Europeiska bankmyndigheten om åtgärder som den vidtar enligt denna paragraf.</P>
<P style="text-align: left;padding-left: 188px;padding-right: 184px;margin-top: 20px;margin-bottom: 0px;text-indent: -9px;" class="ft22"><SPAN class="ft35">8</SPAN><SPAN class="ft36">kap. </SPAN><SPAN class="ft2">1 §</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=6 class="tr5 td109"><P class="p270 ft31">Om ett institut eller ett företag inte</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft2">Om ett institut eller ett företag inte</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td71"><P class="p18 ft2">uppfyller</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p32 ft2">kraven</P></TD>
<TD class="tr4 td68"><P class="p32 ft2">i</P></TD>
<TD class="tr4 td114"><P class="p108 ft2">till-</P></TD>
<TD colspan=2 class="tr4 td71"><P class="p18 ft2">uppfyller</P></TD>
<TD colspan=2 class="tr4 td55"><P class="p43 ft2">kraven</P></TD>
<TD class="tr4 td68"><P class="p80 ft2">i</P></TD>
<TD class="tr4 td69"><P class="p16 ft2">till-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td227"><P class="p18 ft2">synsförordningen,</P></TD>
<TD class="tr4 td140"><P class="p18 ft2">denna</P></TD>
<TD class="tr4 td68"><P class="p77 ft2">lag</P></TD>
<TD class="tr4 td114"><P class="p108 ft2">eller</P></TD>
<TD colspan=3 class="tr4 td232"><P class="p18 ft2">synsförordningen,</P></TD>
<TD colspan=3 class="tr4 td151"><P class="p16 ft3">värdepappers-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td71"><P class="p18 ft2">föreskrifter</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">som</P></TD>
<TD colspan=2 class="tr4 td55"><P class="p79 ft2">meddelats</P></TD>
<TD class="tr4 td114"><P class="p108 ft2">med</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft21">bolagsförordningen, <SPAN class="ft31">denna lag eller</SPAN></P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p18 ft2">stöd av lagen, ska Finansinspek-</P></TD>
<TD colspan=2 class="tr5 td71"><P class="p18 ft2">föreskrifter</P></TD>
<TD class="tr5 td88"><P class="p18 ft2">som</P></TD>
<TD colspan=2 class="tr5 td35"><P class="p18 ft2">meddelats</P></TD>
<TD class="tr5 td69"><P class="p16 ft2">med</P></TD>
</TR>
<TR>
<TD class="tr4 td88"><P class="p18 ft31">tionen</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p48 ft2">förelägga</P></TD>
<TD colspan=2 class="tr4 td55"><P class="p77 ft2">institutet</P></TD>
<TD class="tr4 td114"><P class="p108 ft2">eller</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">stöd av lagen, ska Finansinspek-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">företaget att inom en viss tid</P></TD>
<TD class="tr4 td140"><P class="p18 ft2">tionen</P></TD>
<TD colspan=2 class="tr4 td72"><P class="p39 ft2">förelägga</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p32 ft2">institutet</P></TD>
<TD class="tr4 td69"><P class="p16 ft2">eller</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p18 ft2">begränsa rörelsen i något avseende,</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p29 ft2">företaget att inom en viss tid</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">minska riskerna i den eller vidta</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft31">begränsa rörelsen i något avseende,</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">någon annan åtgärd för att komma</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">minska riskerna i den eller vidta</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td41"><P class="p18 ft2">till rätta med situationen.</P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft2">någon annan åtgärd för att komma</P></TD>
</TR>
<TR>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td14"><P class="p18 ft2">till rätta med situationen.</P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p108 ft2">Om ett institut bryter mot</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">Om ett institut bryter mot</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td137"><P class="p18 ft2">tillsynsförordningen, denna</P></TD>
<TD class="tr5 td114"><P class="p108 ft2">lag</P></TD>
<TD colspan=4 class="tr5 td14"><P class="p18 ft2">tillsynsförordningen,</P></TD>
<TD colspan=2 class="tr5 td102"><P class="p16 ft21">värdepap-</P></TD>
</TR>
<TR>
<TD class="tr4 td88"><P class="p18 ft2">eller</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p18 ft2">föreskrifter</P></TD>
<TD class="tr4 td140"><P class="p37 ft2">som</P></TD>
<TD colspan=2 class="tr4 td72"><P class="p108 ft2">meddelats</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft3">persbolagsförordningen, <SPAN class="ft2">denna lag</SPAN></P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">med stöd av lagen, gäller dessutom</P></TD>
<TD class="tr4 td140"><P class="p18 ft2">eller</P></TD>
<TD colspan=2 class="tr4 td72"><P class="p18 ft2">föreskrifter</P></TD>
<TD class="tr4 td135"><P class="p1 ft2">som</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p16 ft2">meddelats</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p18 ft2">bestämmelserna om ingripande i de</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft2">med stöd av lagen, gäller dessutom</P></TD>
</TR>
<TR>
<TD class="tr4 td88"><P class="p18 ft2">lagar</P></TD>
<TD class="tr4 td37"><P class="p73 ft2">som</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p208 ft2">reglerar</P></TD>
<TD colspan=2 class="tr4 td72"><P class="p108 ft31">institutens</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">bestämmelserna om ingripande i de</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td71"><P class="p18 ft2">verksamhet.</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft2">lagar</P></TD>
<TD class="tr4 td12"><P class="p73 ft2">som</P></TD>
<TD colspan=2 class="tr4 td55"><P class="p81 ft2">reglerar</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p16 ft31">institutens</P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td146"><P class="p18 ft2">verksamhet.</P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td87"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td177"><P class="p442 ft2">2 §</P></TD>
<TD class="tr13 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td109"><P class="p108 ft2">Finansinspektionen ska förelägga</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">Finansinspektionen ska förelägga</P></TD>
</TR>
<TR>
<TD class="tr5 td143"><P class="p18 ft2">ett</P></TD>
<TD colspan=3 class="tr5 td183"><P class="p448 ft2">finansiellt</P></TD>
<TD colspan=4 class="tr5 td145"><P class="p43 ft2">holdingföretag,</P></TD>
<TD class="tr5 td126"><P class="p108 ft2">ett</P></TD>
<TD class="tr5 td31"><P class="p18 ft2">ett</P></TD>
<TD class="tr5 td230"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=3 class="tr5 td130"><P class="p271 ft2">holdingföretag,</P></TD>
<TD class="tr5 td6"><P class="p16 ft2">ett</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td232"><P class="p18 ft2">blandat finansiellt</P></TD>
<TD colspan=4 class="tr4 td227"><P class="p108 ft2">holdingföretag</P></TD>
<TD colspan=3 class="tr4 td100"><P class="p18 ft2">blandat finansiellt</P></TD>
<TD colspan=3 class="tr4 td38"><P class="p16 ft2">holdingföretag<SPAN class="ft3">,</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td88"><P class="p18 ft3">eller</P></TD>
<TD class="tr4 td69"><P class="p244 ft31">ett</P></TD>
<TD colspan=4 class="tr4 td57"><P class="p23 ft2">holdingföretag</P></TD>
<TD colspan=2 class="tr4 td171"><P class="p108 ft2">med</P></TD>
<TD class="tr4 td31"><P class="p18 ft2">ett</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p1 ft2">holdingföretag</P></TD>
<TD class="tr4 td75"><P class="p271 ft2">med</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p16 ft2">blandad</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td230"><P class="p18 ft2">blandad</P></TD>
<TD colspan=3 class="tr5 td72"><P class="p18 ft2">verksamhet</P></TD>
<TD class="tr5 td12"><P class="p107 ft2">att</P></TD>
<TD colspan=2 class="tr5 td171"><P class="p108 ft2">vidta</P></TD>
<TD colspan=2 class="tr5 td146"><P class="p18 ft2">verksamhet</P></TD>
<TD class="tr5 td190"><P class="p18 ft3">eller</P></TD>
<TD class="tr5 td75"><P class="p237 ft3">ett</P></TD>
<TD colspan=2 class="tr5 td233"><P class="p16 ft3">värde-</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td109"><P class="p108 ft2">åtgärder för att göra rättelse, om</P></TD>
<TD colspan=5 class="tr4 td116"><P class="p18 ft3">pappersinriktat holdingföretag</P></TD>
<TD class="tr4 td6"><P class="p16 ft2">att</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td304"><P class="p18 ft2">holdingföretaget inte uppfyller</P></TD>
<TD class="tr4 td126"><P class="p108 ft2">de</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">vidta åtgärder för att göra rättelse,</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td109"><P class="p108 ft2">krav som ställs på det enligt</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft2">om holdingföretaget inte uppfyller</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td172"><P class="p18 ft2">tillsynsförordningen,</P></TD>
<TD class="tr4 td12"><P class="p323 ft31">denna</P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p108 ft2">lag</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">de krav som ställs på det enligt</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td88"><P class="p18 ft2">eller</P></TD>
<TD colspan=3 class="tr4 td71"><P class="p18 ft2">föreskrifter</P></TD>
<TD class="tr4 td31"><P class="p18 ft2">som</P></TD>
<TD colspan=3 class="tr4 td129"><P class="p108 ft2">meddelats</P></TD>
<TD colspan=3 class="tr4 td100"><P class="p18 ft31">tillsynsförordningen,</P></TD>
<TD colspan=3 class="tr4 td38"><P class="p16 ft3">värdepappers-</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td109"><P class="p108 ft2">med stöd av lagen. Ett sådant</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft21">bolagsförordningen, <SPAN class="ft31">denna lag eller</SPAN></P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td109"><P class="p108 ft2">föreläggande ska också riktas mot</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">föreskrifter som meddelats med</P></TD>
</TR>
<TR>
<TD class="tr4 td143"><P class="p18 ft2">ett</P></TD>
<TD colspan=3 class="tr4 td183"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=3 class="tr4 td144"><P class="p323 ft2">holdingföretag</P></TD>
<TD colspan=2 class="tr4 td171"><P class="p108 ft3">eller</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">stöd av lagen. Ett sådant</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td109"><P class="p108 ft2">ett blandat finansiellt holdingföre-</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft2">föreläggande ska också riktas mot</P></TD>
</TR>
<TR>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft2">ett</P></TD>
<TD class="tr4 td230"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=3 class="tr4 td130"><P class="p271 ft2">holdingföretag<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr4 td6"><P class="p16 ft2">ett</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_491" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<P class="p14 ft2">tag, vars ledning inte uppfyller blandat finansiellt holdingföretag Prop. 2020/21:173</P>
<P style="text-align: left;padding-left: 204px;padding-right: 105px;margin-top: 1px;margin-bottom: 0px;text-indent: -203px;" class="ft3"><SPAN class="ft2">kraven i denna lag.</SPAN><SPAN style="padding-left:102px;">eller ett värdepappersinriktat <SPAN class="ft2">Bilaga 7 </SPAN>holdingföretag <SPAN class="ft2">vars ledning inte uppfyller kraven i denna lag.</SPAN></SPAN></P>
<TABLE cellpadding=0 cellspacing=0 style="width: 393px;margin-top: 31px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td171"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td161"><P class="p299 ft2">4 §</P></TD>
<TD class="tr2 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p107 ft2">Om ett institut, ett finansiellt</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">Om ett institut, ett finansiellt</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">holdingföretag, ett blandat finansiellt</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft31">holdingföretag, ett blandat finansiellt</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">holdingföretag <SPAN class="ft3">eller </SPAN>ett hold-</P></TD>
<TD class="tr5 td73"><P class="p18 ft2">holdingföretag,</P></TD>
<TD colspan=3 class="tr5 td227"><P class="p16 ft2">ett holdingföretag</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">ingföretag med blandad verksamhet</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">med blandad verksamhet <SPAN class="ft3">eller ett</SPAN></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">med huvudkontor i Sverige inte i tid</P></TD>
<TD colspan=2 class="tr4 td195"><P class="p18 ft3">värdepappersinriktat</P></TD>
<TD colspan=2 class="tr4 td71"><P class="p16 ft3">holdingföre-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">lämnar upplysningar enligt före-</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft2"><SPAN class="ft3">tag </SPAN>med huvudkontor i Sverige inte</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">skrifter meddelade med stöd av</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">i tid lämnar upplysningar enligt</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td66"><P class="p18 ft2">tillsynsförordningen,</P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p107 ft2">får</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">föreskrifter meddelade med stöd av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td66"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr5 td171"><P class="p182 ft2">besluta</P></TD>
<TD class="tr5 td233"><P class="p107 ft2">att</P></TD>
<TD colspan=2 class="tr5 td195"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD colspan=2 class="tr5 td71"><P class="p16 ft3">eller värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td145"><P class="p18 ft2">företaget</P></TD>
<TD class="tr4 td113"><P class="p18 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td22"><P class="p107 ft2">betala</P></TD>
<TD colspan=3 class="tr4 td216"><P class="p18 ft3">pappersbolagsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td128"><P class="p16 ft2">får</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td66"><P class="p18 ft2">en förseningsavgift</P></TD>
<TD class="tr4 td171"><P class="p159 ft2">med</P></TD>
<TD class="tr4 td233"><P class="p107 ft31">högst</P></TD>
<TD colspan=2 class="tr4 td195"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td171"><P class="p79 ft2">besluta</P></TD>
<TD class="tr4 td128"><P class="p16 ft2">att</P></TD>
</TR>
<TR>
<TD class="tr5 td145"><P class="p18 ft2">100 000 kronor.</P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft2">företaget ska betala en för-</P></TD>
</TR>
<TR>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td73"><P class="p18 ft2">seningsavgift</P></TD>
<TD colspan=2 class="tr4 td32"><P class="p42 ft2">med</P></TD>
<TD class="tr4 td128"><P class="p16 ft31">högst</P></TD>
</TR>
<TR>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td73"><P class="p18 ft2">100 000 kronor.</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td186"><P class="p159 ft2">Avgiften tillfaller staten.</P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td73"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 188px;padding-right: 342px;margin-top: 18px;margin-bottom: 0px;text-indent: -9px;" class="ft22"><SPAN class="ft22">9</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=4 class="tr5 td50"><P class="p107 ft2">Institut som står under tillsyn</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft2">Institut som står under tillsyn</P></TD>
</TR>
<TR>
<TD class="tr4 td156"><P class="p18 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td159"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr4 td160"><P class="p107 ft2">och</P></TD>
<TD class="tr4 td233"><P class="p18 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td78"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr4 td88"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">denna lag ska med årliga avgifter</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft3">värdepappersbolagsförordningen</P></TD>
</TR>
<TR>
<TD class="tr5 td156"><P class="p18 ft2">bekosta</P></TD>
<TD colspan=2 class="tr5 td159"><P class="p80 ft31">Finansinspektionens</P></TD>
<TD class="tr5 td160"><P class="p108 ft2">verk-</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">och denna lag ska med årliga</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">samhet samt Statistiska central-</P></TD>
<TD class="tr4 td233"><P class="p18 ft2">avgifter</P></TD>
<TD class="tr4 td32"><P class="p78 ft31">bekosta</P></TD>
<TD colspan=2 class="tr4 td91"><P class="p16 ft2">Finansinspek-</P></TD>
</TR>
<TR>
<TD class="tr4 td156"><P class="p18 ft2">byråns</P></TD>
<TD class="tr4 td176"><P class="p1 ft2">verksamhet</P></TD>
<TD class="tr4 td37"><P class="p208 ft2">enligt</P></TD>
<TD class="tr4 td160"><P class="p107 ft2">lagen</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft31">tionens verksamhet samt Statistiska</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">(2014:484) om en databas för</P></TD>
<TD colspan=3 class="tr5 td201"><P class="p18 ft2">centralbyråns verksamhet</P></TD>
<TD class="tr5 td88"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">övervakning av och tillsyn över</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">lagen (2014:484) om en databas för</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td195"><P class="p18 ft2">finansmarknaderna.</P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">övervakning av och tillsyn över</P></TD>
</TR>
<TR>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td160"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td199"><P class="p18 ft2">finansmarknaderna.</P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td195"><P class="p39 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td37"><P class="p271 ft2">får</P></TD>
<TD class="tr4 td160"><P class="p107 ft2">ta ut</P></TD>
<TD colspan=3 class="tr4 td201"><P class="p78 ft2">Finansinspektionen får</P></TD>
<TD class="tr4 td88"><P class="p16 ft2">ta ut</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">avgifter för prövning av ansök-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">avgifter för prövning av ansök-</P></TD>
</TR>
<TR>
<TD class="tr5 td156"><P class="p18 ft2">ningar</P></TD>
<TD colspan=2 class="tr5 td159"><P class="p1 ft2">och anmälningar</P></TD>
<TD class="tr5 td160"><P class="p108 ft2">enligt</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">ningar och anmälningar enligt till-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">tillsynsförordningen och denna lag.</P></TD>
<TD colspan=2 class="tr4 td199"><P class="p18 ft2">synsförordningen<SPAN class="ft3">,</SPAN></P></TD>
<TD colspan=2 class="tr4 td91"><P class="p16 ft21">värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft21">bolagsförordningen <SPAN class="ft31">och denna lag.</SPAN></P></TD>
</TR>
</TABLE>
<P class="p391 ft2">Om Finansinspektionen behöver anlita någon med särskild fackkunskap för bedömning av en viss fråga vid tillsynen enligt denna lag, ska kostnaden för detta betalas av det institut som tillsynen avser.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 329px;margin-left: 176px;margin-top: 16px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr2 td322"><P style="text-align: right;padding-right: 222px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft22">10 kap.</P></TD>
<TD class="tr2 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td322"><P style="text-align: right;padding-right: 209px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">1 a §</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td322"><P class="p267 ft3">Regeringen eller den myndighet</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td322"><P class="p267 ft3">som regeringen bestämmer får</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td322"><P class="p267 ft3">meddela föreskrifter som kom-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td322"><P class="p267 ft3">pletterar värdepappersbolagsförord-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td322"><P class="p267 ft3">ningens bestämmelser om beräk-</P></TD>
<TD rowspan=2 class="tr19 td80"><P class="p16 ft2">491</P></TD>
</TR>
<TR>
<TD class="tr12 td322"><P class="p18 ft14"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_492" style="position:relative; overflow: hidden;margin: 52px 0px 77px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:447px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173492x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">492</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: left;padding-left: 203px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft3">ningen av kapitalbaskraven och koncentrationsrisker.</P>
<P class="p63 ft20"><SPAN class="ft2">2</SPAN><SPAN class="ft33">§</SPAN>11</P>
<P class="p87 ft2">Regeringen eller den myndighet som regeringen bestämmer får meddela</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td73"><P class="p18 ft2">föreskrifter om</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td91"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td73"><P class="p39 ft2">1. vilka krav</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">som</P></TD>
<TD class="tr4 td68"><P class="p18 ft2">enligt</P></TD>
<TD class="tr4 td177"><P class="p108 ft2">3 kap.</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">1. vilka krav som enligt 3 kap. <SPAN class="ft3">6 </SPAN>§</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">5 </SPAN>§ ska ställas på den som ska ingå</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">ska ställas på den som ska ingå i</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td109"><P class="p18 ft2">i ledningen i ett finansiellt</P></TD>
<TD class="tr5 td91"><P class="p18 ft2">ledningen</P></TD>
<TD class="tr5 td113"><P class="p18 ft2">i</P></TD>
<TD class="tr5 td47"><P class="p18 ft2">ett</P></TD>
<TD class="tr5 td54"><P class="p16 ft2">finansiellt</P></TD>
</TR>
<TR>
<TD class="tr4 td73"><P class="p18 ft2">holdingföretag</P></TD>
<TD class="tr4 td126"><P class="p1 ft2">eller</P></TD>
<TD class="tr4 td68"><P class="p43 ft2">ett</P></TD>
<TD class="tr4 td177"><P class="p108 ft31">blandat</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft3"><SPAN class="ft2">holdingföretag</SPAN>, ett värdepappers-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td115"><P class="p18 ft2">finansiellt holdingföretag,</P></TD>
<TD class="tr4 td177"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td96"><P class="p18 ft3">inriktat holdingföretag</P></TD>
<TD class="tr4 td54"><P class="p16 ft2">eller ett</P></TD>
</TR>
<TR>
<TD class="tr5 td73"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td177"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft2">blandat finansiellt holdingföretag,</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p108 ft2">2. vid vilken tidpunkt, på vilken</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">2. vid vilken tidpunkt, på vilken</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">plats och med vilka intervall institut</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">plats och med vilka intervall institut</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td109"><P class="p18 ft2">ska offentliggöra sådan information</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">ska offentliggöra sådan information</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">som anges i artiklarna <NOBR>431–455</NOBR> i</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">som anges i artiklarna <NOBR>431–455</NOBR> i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td195"><P class="p18 ft2">tillsynsförordningen,</P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td177"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td96"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr4 td54"><P class="p16 ft21">respektive</P></TD>
</TR>
<TR>
<TD class="tr5 td73"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td177"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft3">avses i artikel 46 i värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td73"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td177"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td96"><P class="p18 ft3">bolagsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p87 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">vilken information moderföretag ska offentliggöra enligt 6 kap. 2 §,</SPAN></P>
<P class="p124 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">de omständigheter som ska beaktas vid fastställandet av en lämplig nivå för kapitalbasen i samband med en översyn och utvärdering av ett institut,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">de omständigheter som ska beaktas, dels vid prövningen enligt 2 kap. 2 § av om ett institut ska uppfylla ett särskilt likviditetskrav, dels vid fastställandet av en lämplig nivå för ett sådant särskilt likviditetskrav i samband med en översyn och utvärdering av ett institut, och</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">hur uppgifter enligt 6 kap. 11 § ska lämnas.</SPAN></P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<P style="text-align: left;margin-top: 292px;margin-bottom: 0px;" class="ft29"><SPAN class="ft25">11</SPAN><SPAN class="ft32">Senaste lydelse 2018:1800.</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_493" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 49px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2014:966) om kapitalbuffertar</P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om lagen (2014:966) om kapitalbuffertar att 1 kap. 2 §, 3 kap. 3 §, 6 kap. 3 § och 10 kap. 1 § ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p389 ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">2 §</SPAN><SPAN class="ft20">1</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr4 td99"><P class="p39 ft2">I denna lag betyder</P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td129"><P class="p39 ft3"><SPAN class="ft2">1. </SPAN><SPAN class="ft24">blandade</SPAN></P></TD>
<TD colspan=2 class="tr4 td235"><P class="p73 ft24">finansiella</P></TD>
<TD class="tr4 td177"><P class="p108 ft24">moder-</P></TD>
<TD colspan=3 class="tr4 td262"><P class="p39 ft3"><SPAN class="ft2">1. </SPAN><SPAN class="ft24">blandade finansiella</SPAN></P></TD>
<TD class="tr4 td114"><P class="p16 ft24">moder-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft3"><SPAN class="ft24">holdingföretag inom EES</SPAN><SPAN class="ft2">: företag</SPAN></P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft3"><SPAN class="ft24">holdingföretag inom EES</SPAN><SPAN class="ft2">: företag</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td129"><P class="p18 ft2">som avses</P></TD>
<TD colspan=3 class="tr4 td26"><P class="p107 ft2">i artikel 4.1.33 i</P></TD>
<TD class="tr4 td32"><P class="p18 ft2">som avses</P></TD>
<TD colspan=3 class="tr4 td202"><P class="p16 ft2">i artikel 4.1.33 i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td99"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td190"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td177"><P class="p107 ft2">rådets</P></TD>
<TD colspan=2 class="tr4 td78"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td114"><P class="p81 ft2">och</P></TD>
<TD class="tr4 td114"><P class="p16 ft2">rådets</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">förordning (EU) nr 575/2013 av</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">förordning (EU) nr 575/2013 av</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">för kreditinstitut <SPAN class="ft3">och värdepap-</SPAN></P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2"><SPAN class="ft3">persföretag </SPAN>och om ändring av</P></TD>
<TD class="tr5 td32"><P class="p18 ft2">förordning</P></TD>
<TD class="tr5 td62"><P class="p18 ft2">(EU)</P></TD>
<TD colspan=2 class="tr5 td148"><P class="p16 ft2">nr 648/2012</P></TD>
</TR>
<TR>
<TD class="tr4 td129"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td156"><P class="p18 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p107 ft2">nr 648/2012</P></TD>
<TD colspan=3 class="tr4 td262"><P class="p18 ft2">(tillsynsförordningen),</P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p102 ft2">(tillsynsförordningen),</P>
<P class="p88 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft38">dotterföretag</SPAN>: sådant företag som avses i artikel 4.1.16 i till- synsförordningen,</P>
<P class="p87 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft38">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p94 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft38">ESRB</SPAN>: Europeiska systemrisknämnden enligt Europaparlamentets och rådets förordning (EU) nr 1092/2010 av den 24 november 2010 om makrotillsyn av det finansiella systemet på <NOBR>EU-nivå</NOBR> och om inrättande av en europeisk systemrisknämnd,</P>
<P class="p91 ft3"><SPAN class="ft2">5.</SPAN><SPAN class="ft38">finansiella moderholdingföretag inom EES</SPAN><SPAN class="ft2">: företag som avses i artikel 4.1.31 i tillsynsförordningen,</SPAN></P>
<P class="p331 ft31"><SPAN class="ft2">6.</SPAN><SPAN class="ft62">institut</SPAN>: kreditinstitut enligt lagen (2004:297) om bank- och finansieringsrörelse, Svenska skeppshypotekskassan och värdepappersbolag,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=4 class="tr5 td50"><P class="p39 ft3"><SPAN class="ft2">7. </SPAN><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=3 class="tr5 td85"><P class="p39 ft3"><SPAN class="ft2">7. </SPAN><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td99"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td113"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td102"><P class="p107 ft2">rådets</P></TD>
<TD colspan=2 class="tr4 td112"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td101"><P class="p16 ft2">och rådets</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
<TD colspan=3 class="tr5 td85"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD class="tr4 td144"><P class="p18 ft2">tillsyn av</P></TD>
<TD colspan=3 class="tr4 td187"><P class="p107 ft2">kreditinstitut <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=3 class="tr4 td85"><P class="p18 ft2">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td99"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td113"><P class="p1 ft2">om</P></TD>
<TD class="tr4 td102"><P class="p108 ft2">ändring</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p18 ft2">av direktiv 2002/87/EG och om</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">av direktiv 2002/87/EG och om</P></TD>
<TD class="tr5 td145"><P class="p18 ft2">upphävande</P></TD>
<TD class="tr5 td190"><P class="p18 ft2">av</P></TD>
<TD class="tr5 td101"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD class="tr4 td144"><P class="p18 ft2">upphävande</P></TD>
<TD class="tr4 td125"><P class="p160 ft2">av</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p108 ft21">direktiv</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p18 ft2">2006/48/EG och 2006/49/EG,</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">2006/48/EG och 2006/49/EG,</P></TD>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td101"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p91 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft38">kärnprimärkapital</SPAN>: kapital som avses i artikel 50 i tillsynsför- ordningen,</P>
<P class="p91 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft38">moderinstitut inom EES</SPAN>: företag som avses i artikel 4.1.29 i tillsynsförordningen,</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 55px;font: 7px 'Times New Roman';">
<TR>
<TD class="tr2 td82"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2018:1957.</P></TD>
<TD class="tr2 td83"><P class="p16 ft2">493</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_494" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">494</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p124 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft38">på grupp- eller undergruppsnivå</SPAN>: det sätt som institut i enlighet med bestämmelser om tillsyn på gruppnivå i artiklarna <NOBR>6–24</NOBR> i till- synsförordningen ska uppfylla ställda krav,</P>
<P class="p121 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft38">systemrisk</SPAN>: risk för en störning i det finansiella systemet som kan få allvarliga negativa konsekvenser för det finansiella systemet och samhällsekonomin,</P>
<P class="p122 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft38">systemviktigt institut</SPAN>: ett institut vars fallissemang eller bristande funktion kan leda till systemrisk,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td109"><P class="p39 ft3"><SPAN class="ft2">13. </SPAN><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td110"><P class="p48 ft3"><SPAN class="ft2">13. </SPAN><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">Europaparlamentets och rådets</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">förordning (EU) nr 575/2013 av</P></TD>
<TD class="tr5 td110"><P class="p18 ft2">förordning (EU) nr 575/2013 av</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">för kreditinstitut <SPAN class="ft3">och värdepap-</SPAN></P></TD>
<TD class="tr4 td110"><P class="p18 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2"><SPAN class="ft3">persföretag </SPAN>och om ändring av för-</P></TD>
<TD class="tr5 td110"><P class="p18 ft2">förordning (EU) nr 648/2012,</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">ordning (EU) nr 648/2012,</P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p87 ft2"><SPAN class="ft2">14.</SPAN><SPAN class="ft38">totalt riskvägt exponeringsbelopp</SPAN>: det belopp som avses i artikel 92</P>
<P class="p14 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft33">tillsynsförordningen,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td301"><P class="p39 ft3"><SPAN class="ft2">15. </SPAN><SPAN class="ft24">värdepappersbolag</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td97"><P class="p108 ft2">ett vär-</P></TD>
<TD class="tr4 td254"><P class="p48 ft3"><SPAN class="ft2">15. </SPAN><SPAN class="ft24">värdepappersbolag</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td11"><P class="p18 ft2">ett</P></TD>
<TD class="tr4 td16"><P class="p16 ft2">vär-</P></TD>
</TR>
<TR>
<TD class="tr4 td301"><P class="p18 ft2">depappersföretag som</P></TD>
<TD class="tr4 td97"><P class="p108 ft2">avses i</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p18 ft31">depappersföretag som avses i <SPAN class="ft21">1 kap.</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p108 ft3">artikel 4.1.2 i tillsynsförordningen</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p18 ft21">2 § första stycket 3 d, 5 a och 5 b §§</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p108 ft3">när det är ett svenskt aktiebolag,</P></TD>
<TD class="tr4 td254"><P class="p18 ft3">lagen (2014:968) om</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p16 ft21">särskild</P></TD>
</TR>
<TR>
<TD class="tr4 td301"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td97"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td247"><P class="p18 ft3">tillsyn över kreditinstitut</P></TD>
<TD class="tr4 td16"><P class="p16 ft3">och</P></TD>
</TR>
<TR>
<TD class="tr5 td301"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td97"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td254"><P class="p18 ft3">värdepappersbolag, <SPAN class="ft2">och</SPAN></P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 11px;padding-right: 141px;margin-top: 0px;margin-bottom: 0px;" class="ft21"><SPAN class="ft2">16.</SPAN><SPAN class="ft62">värdeöverföringar kopplade till kärnprimärkapitalet</SPAN><SPAN class="ft31">: a) utbetalning i form av en kontant utdelning,</SPAN></P>
<P class="p87 ft2">b) fondemission eller partiell fondemission eller överföring eller</P>
<P style="text-align: left;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft2">utdelning av helt eller delvis betalda fondaktier eller andra kapital- instrument som anges i artikel 26.1 a i tillsynsförordningen,</P>
<P class="p122 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft33">inlösen eller uppköp av egna aktier eller andelar eller andra kapitalinstrument som anges i artikel 26.1 a i tillsynsförordningen,</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">d)</SPAN><SPAN class="ft33">återbetalning av belopp som utbetalas med anknytning till kapitalinstrument som anges i artikel 26.1 a i tillsynsförordningen,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">e)</SPAN><SPAN class="ft33">en överföring eller utdelning av poster som avses i artikel 26.1 </SPAN><NOBR>b–e</NOBR> i tillsynsförordningen.</P>
<P style="text-align: left;padding-left: 188px;padding-right: 247px;margin-top: 19px;margin-bottom: 0px;text-indent: -9px;" class="ft22"><SPAN class="ft35">3</SPAN><SPAN class="ft36">kap. </SPAN><SPAN class="ft2">3 §</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr5 td63"><P class="p44 ft2">Små och medelstora värde-</P></TD>
<TD class="tr5 td74"><P class="p45 ft2">Små och</P></TD>
<TD class="tr5 td242"><P class="p16 ft2">medelstora värde-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td63"><P class="p44 ft3"><SPAN class="ft2">pappersbolag</SPAN>, fondbolag och AIF-</P></TD>
<TD class="tr4 td74"><P class="p77 ft2">pappersbolag</P></TD>
<TD class="tr4 td242"><P class="p16 ft2">får undantas från</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td63"><P class="p44 ft31"><SPAN class="ft21">förvaltare </SPAN>får undantas från kravet på</P></TD>
<TD class="tr4 td74"><P class="p77 ft2">kravet på</P></TD>
<TD class="tr4 td242"><P class="p16 ft2">kapitalkonserverings-</P></TD>
</TR>
<TR>
<TD style="padding: 0px;margin: 0px;width: 185px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">kapitalkonserveringsbuffert</P></TD>
<TD class="tr4 td87"><P class="p44 ft2">i</P></TD>
<TD colspan=2 class="tr4 td64"><P class="p77 ft2">buffert i enlighet med föreskrifter</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td63"><P class="p44 ft2">enlighet med föreskrifter som med-</P></TD>
<TD colspan=2 class="tr5 td64"><P class="p77 ft2">som meddelats med stöd av 10 kap.</P></TD>
</TR>
<TR>
<TD style="padding: 0px;margin: 0px;width: 185px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">delats med stöd av 10 kap. 1 § 1.</P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td74"><P class="p77 ft2">1 § 1.</P></TD>
<TD class="tr4 td242"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 188px;padding-right: 247px;margin-top: 19px;margin-bottom: 0px;text-indent: -9px;" class="ft22"><SPAN class="ft35">6</SPAN><SPAN class="ft36">kap. </SPAN><SPAN class="ft2">3 §</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td109"><P class="p108 ft2">Små och medelstora värde-</P></TD>
<TD class="tr4 td144"><P class="p48 ft2">Små och</P></TD>
<TD colspan=2 class="tr4 td136"><P class="p16 ft2">medelstora värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft3"><SPAN class="ft2">pappersbolag</SPAN>, fondbolag och AIF-</P></TD>
<TD class="tr4 td144"><P class="p18 ft2">pappersbolag</P></TD>
<TD class="tr4 td131"><P class="p18 ft2">får</P></TD>
<TD class="tr4 td73"><P class="p16 ft2">undantas från</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p108 ft2"><SPAN class="ft3">förvaltare </SPAN>får undantas från kravet</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">kravet på kontracyklisk kapital-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">på kontracyklisk kapitalbuffert i</P></TD>
<TD colspan=2 class="tr4 td51"><P class="p18 ft2">buffert i enlighet</P></TD>
<TD class="tr4 td73"><P class="p16 ft2">med föreskrifter</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_495" style="position:relative; overflow: hidden;margin: 50px 0px 79px 0px;padding: 0px;border: none;width: 624px;">
<DIV style="position:absolute;top:618px;left:68px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173495x1.jpg/" style="width:123px;height:1px;">
</DIV>
<TABLE cellpadding=0 cellspacing=0 style="width: 506px;margin-left: 68px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td230"><P class="p18 ft2">enlighet</P></TD>
<TD class="tr2 td37"><P class="p18 ft2">med</P></TD>
<TD class="tr2 td232"><P class="p44 ft2">föreskrifter som</P></TD>
<TD class="tr2 td346"><P class="p77 ft2">som meddelats med stöd av 10 kap.</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td230"><P class="p18 ft2">meddelats</P></TD>
<TD class="tr5 td37"><P class="p77 ft2">med</P></TD>
<TD class="tr5 td232"><P class="p186 ft2">stöd av 10 kap.</P></TD>
<TD class="tr5 td346"><P class="p77 ft2">1 § 8.</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 7</P></TD>
</TR>
<TR>
<TD class="tr4 td230"><P class="p18 ft2">1 § 8.</P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td232"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td346"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 256px;padding-right: 339px;margin-top: 19px;margin-bottom: 0px;text-indent: -12px;" class="ft22"><SPAN class="ft35">10</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN></P>
<P class="p166 ft2">Regeringen eller den myndighet som regeringen bestämmer får meddela</P>
<TABLE cellpadding=0 cellspacing=0 class="t25">
<TR>
<TD class="tr5 td50"><P class="p18 ft2">föreskrifter om</P></TD>
<TD class="tr5 td235"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td73"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">1. kriterier för vilka värde-</P></TD>
<TD class="tr4 td235"><P class="p39 ft2">1. kriterier</P></TD>
<TD class="tr4 td113"><P class="p81 ft2">för</P></TD>
<TD class="tr4 td73"><P class="p16 ft2">vilka värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft3"><SPAN class="ft2">pappersbolag</SPAN>, fondbolag och AIF-</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p18 ft2">pappersbolag som enligt 3 kap. 3 §</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">förvaltare </SPAN>som enligt 3 kap. 3 § får</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p18 ft2">får undantas från kravet att</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">undantas från kravet att upprätthålla</P></TD>
<TD class="tr5 td235"><P class="p18 ft2">upprätthålla</P></TD>
<TD class="tr5 td113"><P class="p18 ft2">en</P></TD>
<TD class="tr5 td73"><P class="p16 ft31">kapitalkonserver-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">en kapitalkonserveringsbuffert,</P></TD>
<TD class="tr4 td235"><P class="p18 ft2">ingsbuffert,</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td73"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p168 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">de principer som ska beaktas vid fastställandet och graderingen av systemriskbufferten enligt 4 kap. 1 §,</SPAN></P>
<P class="p766 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">fastställandet av geografisk tillhörighet hos exponeringar avseende systemriskbufferten samt hur de geografiska systemriskbuffertkraven ska sammanvägas,</SPAN></P>
<P class="p483 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">bedömningsgrunder för när ett institut ska utses till globalt systemviktigt eller ska flyttas till en högre kategori av globalt systemviktiga institut,</SPAN></P>
<P class="p168 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">hur övriga systemviktiga institut ska identifieras och hur bedömning av tillhörande kapitalbuffertkrav ska ske enligt 5 kap. 3 och 4 §§,</SPAN></P>
<P class="p168 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">vilka kreditexponeringar som i enlighet med 6 kap. 1 § ska beaktas vid beräkningen av den kontracykliska kapitalbufferten,</SPAN></P>
<P class="p168 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">beräkningen av det viktade genomsnittet av de kontracykliska buffertvärdena enligt 6 kap. 1 §,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t25">
<TR>
<TD class="tr4 td50"><P class="p107 ft2">8. kriterier för vilka värde-</P></TD>
<TD class="tr4 td144"><P class="p39 ft2">8. kriterier</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">för</P></TD>
<TD class="tr4 td148"><P class="p16 ft2">vilka värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft3"><SPAN class="ft2">pappersbolag</SPAN>, fondbolag och AIF-</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p18 ft2">pappersbolag som enligt 6 kap. 3 §</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2"><SPAN class="ft3">förvaltare </SPAN>som enligt 6 kap. 3 § får</P></TD>
<TD colspan=3 class="tr5 td85"><P class="p18 ft2">får undantas från kravet att</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft31">undantas från kravet att upprätthålla</P></TD>
<TD class="tr4 td144"><P class="p18 ft2">upprätthålla</P></TD>
<TD class="tr4 td126"><P class="p1 ft2">en</P></TD>
<TD class="tr4 td148"><P class="p16 ft2">kontracyklisk</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P style="text-align: right;padding-right: 36px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">en kontracyklisk kapitalbuffert,</P></TD>
<TD class="tr4 td144"><P class="p18 ft2">kapitalbuffert,</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p168 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft17">skyldighet för instituten att ange sina kreditexponeringars geografiska område,</SPAN></P>
<P class="p168 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft17">hur högsta förfogandebelopp enligt 8 kap. 1 § ska beräknas och rapporteras,</SPAN></P>
<P class="p167 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">de krav som en kapitalkonserveringsplan enligt 8 kap. 1 § ska uppfylla, och</SPAN></P>
<P class="p9 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">underrättelseskyldigheten enligt 8 kap. 5 §.</SPAN></P>
<P style="text-align: left;padding-left: 79px;margin-top: 32px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<P style="text-align: right;padding-right: 51px;margin-top: 120px;margin-bottom: 0px;" class="ft2">495</P>
</DIV>
<DIV id="page_496" style="position:relative; overflow: hidden;margin: 52px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 33px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i kreditupplysningslagen (1973:1173)</P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om kreditupplysningslagen (1973:1173) att 11 § ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 304px;margin-top: 16px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td109"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV style="border:none;margin: 17px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P style="text-align: left;padding-left: 309px;margin-top: 0px;margin-bottom: 0px;" class="ft2">11 §<SPAN class="ft20">1</SPAN></P>
<P class="p477 ft2">När en kreditupplysning om en fysisk person lämnas ut, ska till den som avses med upplysningen samtidigt och kostnadsfritt sändas ett skriftligt meddelande om</P>
<P class="p477 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">vem som bedriver kreditupplysningsverksamheten och kontaktuppgifter till dataskyddsombudet, om ett sådant ombud krävs enligt artikel 37 i EU:s dataskyddsförordning,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">ändamålen med och den rättsliga grunden för behandlingen,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">vilka kategorier av personuppgifter som behandlas, varifrån uppgifterna hämtats och hur länge uppgifterna kommer att lagras,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">de uppgifter, omdömen och råd som upplysningen innehåller om honom eller henne,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">möjligheten att få tillgång till och rättelse av de uppgifter som rör honom eller henne,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft33">vilka kategorier av mottagare som kan ta del av personuppgifterna och vem som har begärt upplysningen, och</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">möjligheten att framställa klagomål till Datainspektionen.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td188"><P style="text-align: left;padding-left: 118px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">Om kreditupplysningen</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p44 ft2">lämnas</P></TD>
<TD class="tr4 td98"><P class="p45 ft2">Om</P></TD>
<TD colspan=4 class="tr4 td76"><P class="p18 ft2">kreditupplysningen</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p16 ft2">lämnas</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">ut till ett svenskt kreditinstitut eller</P></TD>
<TD colspan=7 class="tr4 td64"><P class="p77 ft2">ut till ett svenskt kreditinstitut eller</P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=3 style="padding: 0px;margin: 0px;width: 218px;vertical-align: bottom;" class="tr5"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">värdepappersbolag,</P></TD>
<TD class="tr5 td75"><P class="p80 ft2">eller</P></TD>
<TD class="tr5 td141"><P class="p18 ft2">till</P></TD>
<TD class="tr5 td126"><P class="p44 ft2">ett</P></TD>
<TD colspan=3 class="tr5 td120"><P class="p77 ft2">värdepappersbolag</P></TD>
<TD class="tr5 td37"><P class="p81 ft3">som</P></TD>
<TD colspan=2 class="tr5 td140"><P class="p32 ft3">avses</P></TD>
<TD class="tr5 td59"><P class="p16 ft3">i</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">motsvarande utländskt företag, för</P></TD>
<TD class="tr4 td98"><P class="p77 ft3">8 kap.</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p18 ft3">1 b § lagen</P></TD>
<TD colspan=4 class="tr4 td206"><P class="p16 ft3">(2007:528) om</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">att användas endast som underlag</P></TD>
<TD colspan=4 class="tr4 td118"><P class="p77 ft3">värdepappersmarknaden<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=2 class="tr4 td140"><P class="p18 ft2">eller</P></TD>
<TD class="tr4 td59"><P class="p16 ft2">till</P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">för beräkning av kapitalkravet för</P></TD>
<TD colspan=7 class="tr5 td64"><P class="p77 ft2">ett motsvarande utländskt företag,</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">kreditrisker med en sådan metod</P></TD>
<TD colspan=7 class="tr4 td64"><P class="p77 ft2">för att användas endast som under-</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">som avses i artikel 143.1 i Europa-</P></TD>
<TD colspan=7 class="tr4 td64"><P class="p77 ft2">lag för beräkning av kapitalkravet</P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=7 class="tr5 td64"><P class="p77 ft2">för kreditrisker med en sådan metod</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td188"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">(EU) nr 575/2013 av den</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p44 ft2">26 juni</P></TD>
<TD colspan=7 class="tr4 td64"><P class="p77 ft2">som avses i artikel 143.1 i Europa-</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td201"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">2013</P></TD>
<TD class="tr4 td190"><P class="p18 ft2">om</P></TD>
<TD colspan=3 class="tr4 td73"><P class="p48 ft2">tillsynskrav</P></TD>
<TD class="tr4 td126"><P class="p44 ft2">för</P></TD>
<TD colspan=7 class="tr4 td64"><P class="p77 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=2 style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">kreditinstitut</P></TD>
<TD class="tr5 td140"><P class="p37 ft3">och</P></TD>
<TD colspan=3 class="tr5 td175"><P class="p44 ft21">värdepappers-</P></TD>
<TD colspan=5 class="tr5 td226"><P class="p77 ft2">(EU) nr 575/2013 av den</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p16 ft2">26 juni</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2"><SPAN class="ft3">företag </SPAN>och om ändring av för-</P></TD>
<TD class="tr4 td98"><P class="p77 ft2">2013</P></TD>
<TD class="tr4 td98"><P class="p35 ft2">om</P></TD>
<TD colspan=3 class="tr4 td55"><P class="p79 ft2">tillsynskrav</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p16 ft2">för</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td201"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">ordning</P></TD>
<TD colspan=4 class="tr4 td153"><P class="p32 ft2">(EU) nr 648/2012,</P></TD>
<TD class="tr4 td126"><P class="p44 ft2">får</P></TD>
<TD colspan=7 class="tr4 td64"><P class="p77 ft2">kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=2 style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">meddelandet</P></TD>
<TD colspan=3 class="tr5 td73"><P class="p18 ft2">sändas senare</P></TD>
<TD class="tr5 td126"><P class="p44 ft2">men</P></TD>
<TD colspan=6 class="tr5 td215"><P class="p77 ft2">förordning (EU) nr 648/2012,</P></TD>
<TD class="tr5 td59"><P class="p16 ft2">får</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">utan onödigt dröjsmål och be-</P></TD>
<TD colspan=7 class="tr4 td64"><P class="p77 ft2">meddelandet sändas senare men</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">gränsas till information enligt första</P></TD>
<TD class="tr4 td98"><P class="p77 ft2">utan</P></TD>
<TD class="tr4 td98"><P class="p37 ft2">onödigt</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td160"><P class="p18 ft2">dröjsmål</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">stycket 1, 2 och 6. Om den som</P></TD>
<TD colspan=2 class="tr5 td145"><P class="p77 ft2">begränsas till</P></TD>
<TD colspan=3 class="tr5 td55"><P class="p18 ft2">information</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">avses med upplysningen begär det,</P></TD>
<TD colspan=7 class="tr4 td64"><P class="p77 ft2">första stycket 1, 2 och 6. Om den</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">ska även information enligt 3, 4, 5</P></TD>
<TD colspan=7 class="tr4 td64"><P class="p77 ft31">som avses med upplysningen begär</P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td9"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">och 7 sändas till honom eller henne.</P></TD>
<TD colspan=7 class="tr5 td64"><P class="p77 ft2">det, ska även information enligt 3,</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td201"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td64"><P class="p77 ft2">4, 5 och 7 sändas till honom eller</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td201"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p77 ft2">henne.</P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD style="height: 43px;" class="td127"><P class="p16 ft2">496</P></TD>
<TD colspan=4 style="height: 43px;" class="td188"><P style="text-align: left;padding-left: 107px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2018:1910.</P></TD>
<TD style="height: 43px;" class="td141"><P class="p18 ft5"> </P></TD>
<TD style="height: 43px;" class="td126"><P class="p18 ft5"> </P></TD>
<TD style="height: 43px;" class="td98"><P class="p18 ft5"> </P></TD>
<TD style="height: 43px;" class="td98"><P class="p18 ft5"> </P></TD>
<TD style="height: 43px;" class="td181"><P class="p18 ft5"> </P></TD>
<TD style="height: 43px;" class="td37"><P class="p18 ft5"> </P></TD>
<TD style="height: 43px;" class="td87"><P class="p18 ft5"> </P></TD>
<TD style="height: 43px;" class="td31"><P class="p18 ft5"> </P></TD>
<TD style="height: 43px;" class="td59"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_497" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="position:absolute;top:121px;left:0px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173497x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV class="dclr"></DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p103 ft2">Första och andra styckena gäller också när en kreditupplysning lämnas om ett handelsbolag eller kommanditbolag.</P>
<P class="p446 ft2"><NOBR>Första–tredje</NOBR> styckena gäller inte kreditupplysningar som lämnas genom offentliggörande på ett sådant sätt som avses i tryckfrihets- förordningen eller yttrandefrihetsgrundlagen, utom när upplysningarna tillhandahålls ur en databas enligt 1 kap. 4 § yttrandefrihetsgrundlagen på sätt som avses i den paragrafens första stycke 2 <NOBR>a–c.</NOBR></P>
<P style="text-align: left;padding-left: 11px;margin-top: 34px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">497</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_498" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:360px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173498x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV style="position:absolute;top:147px;left:330px;width:190px;height:150px;"><SPAN class="ft2">Av lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag och lagen (2014:966) om kapitalbuffertar framgår att lagarna och bestäm- melser i Europaparlamentets och rådets förordning (EU) nr 575/ 2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012</SPAN><SPAN class="ft20">3 </SPAN><SPAN class="ft2">ska</SPAN></DIV>
<DIV style="position:absolute;top:300px;left:330px;width:190px;height:30px;"><SPAN class="ft2">tillämpas för Svenska skeppshypotekskassan.</SPAN></DIV>
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 575px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: left;padding-right: 109px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (1980:1097) om Svenska skeppshypotekskassan</P>
<P style="text-align: left;padding-right: 68px;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs i fråga om lagen (1980:1097) om Svenska skeppshypotekskassan att 3 a § ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 304px;margin-top: 16px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td109"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 181px;margin-top: 17px;margin-bottom: 0px;" class="ft2">3 a §<SPAN class="ft20">1</SPAN></P>
<P style="text-align: justify;padding-right: 272px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Av lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag och lagen (2014:966) om kapitalbuffertar framgår att lagarna och bestäm- melser i Europaparlamentets och rådets förordning (EU) nr 575/ 2013 av den 26 juni 2013 om</P>
<P style="text-align: justify;padding-right: 272px;margin-top: 3px;margin-bottom: 0px;" class="ft2">tillsynskrav för kreditinstitut <SPAN class="ft3">och värdepappersföretag </SPAN>och om ändring av förordning (EU) nr 648/2012<SPAN class="ft20">2 </SPAN>ska tillämpas för Svenska skeppshypotekskassan.</P>
<P style="text-align: left;padding-left: 11px;margin-top: 33px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 352px 0px 0px 0px;padding: 0px;border:none;width: 344px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 344px;font: 7px 'Times New Roman';">
<TR>
<TD class="tr14 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr14 td120"><P class="p29 ft39">1</P></TD>
<TD style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr14"><P class="p79 ft29">Senaste lydelse 2014:971.</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr1 td127"><P class="p16 ft2">498</P></TD>
<TD class="tr8 td120"><P class="p29 ft39">2</P></TD>
<TD style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr8"><P class="p79 ft27">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</P></TD>
</TR>
<TR>
<TD class="tr9 td120"><P class="p29 ft39">3</P></TD>
<TD style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr9"><P class="p79 ft27">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_499" style="position:relative; overflow: hidden;margin: 49px 0px 78px 68px;padding: 0px;border: none;width: 556px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD colspan=13 class="tr6 td81"><P class="p18 ft18">Förslag till lag om ändring i sparbankslagen (1987:619)</P></TD>
<TD class="tr6 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr9 td18"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td127"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td113"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td127"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td68"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td31"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td135"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td62"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td126"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td140"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td203"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td135"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td54"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td227"><P class="p18 ft12">Bilaga 7</P></TD>
</TR>
<TR>
<TD colspan=13 class="tr4 td81"><P class="p18 ft2">Härigenom föreskrivs i fråga om sparbankslagen (1987:619) att 9 kap. 1 §</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td245"><P class="p18 ft2">ska ha följande lydelse.</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr18 td202"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr18 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td135"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr18 td197"><P class="p18 ft3">Föreslagen lydelse</P></TD>
<TD class="tr18 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td235"><P style="text-align: center;padding-right: 25px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft22">9 kap.</P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td235"><P class="p611 ft2">1 §<SPAN class="ft20">1</SPAN></P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p108 ft2">En stiftare, huvudman, sty-</P></TD>
<TD colspan=6 class="tr4 td228"><P class="p23 ft2">En stiftare, huvudman, sty-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">relseledamot eller delegat, som när</P></TD>
<TD colspan=6 class="tr4 td228"><P class="p18 ft2">relseledamot eller delegat, som när</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p18 ft2">han eller hon fullgör sitt uppdrag</P></TD>
<TD colspan=6 class="tr5 td228"><P class="p18 ft2">han eller hon fullgör sitt uppdrag</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td222"><P class="p18 ft2">uppsåtligen</P></TD>
<TD class="tr4 td113"><P class="p247 ft2">eller</P></TD>
<TD colspan=4 class="tr4 td197"><P class="p107 ft2">av oaktsamhet</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p18 ft2">uppsåtligen</P></TD>
<TD class="tr4 td140"><P class="p291 ft2">eller</P></TD>
<TD colspan=3 class="tr4 td130"><P class="p23 ft2">av oaktsamhet</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">skadar en sparbank, ska ersätta</P></TD>
<TD colspan=6 class="tr4 td228"><P class="p18 ft2">skadar en sparbank, ska ersätta</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td18"><P class="p18 ft2">skadan.</P></TD>
<TD colspan=3 class="tr5 td80"><P class="p37 ft2">Detsamma</P></TD>
<TD colspan=2 class="tr5 td54"><P class="p108 ft2">gäller</P></TD>
<TD class="tr5 td135"><P class="p107 ft2">när</P></TD>
<TD class="tr5 td62"><P class="p18 ft2">skadan.</P></TD>
<TD colspan=3 class="tr5 td235"><P class="p24 ft2">Detsamma</P></TD>
<TD colspan=2 class="tr5 td206"><P class="p23 ft2">gäller när</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td18"><P class="p18 ft2">skadan</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p182 ft2">tillfogas</P></TD>
<TD colspan=2 class="tr4 td53"><P class="p48 ft2">någon</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p107 ft2">annan</P></TD>
<TD class="tr4 td62"><P class="p18 ft2">skadan</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p291 ft2">tillfogas</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p448 ft31">någon</P></TD>
<TD class="tr4 td54"><P class="p23 ft2">annan</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">genom överträdelse av denna lag,</P></TD>
<TD colspan=6 class="tr4 td228"><P class="p18 ft2">genom överträdelse av denna lag,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td202"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td68"><P class="p32 ft2">och</P></TD>
<TD colspan=2 class="tr5 td102"><P class="p107 ft2">rådets</P></TD>
<TD colspan=4 class="tr5 td242"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td135"><P class="p43 ft2">och</P></TD>
<TD class="tr5 td54"><P class="p23 ft2">rådets</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td222"><P class="p18 ft2">förordning</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p32 ft2">(EU)</P></TD>
<TD colspan=3 class="tr4 td206"><P class="p107 ft2">nr 575/2013</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td140"><P class="p182 ft2">(EU)</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td206"><P class="p23 ft2">nr 575/2013</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">av den 26 juni 2013 om tillsynskrav</P></TD>
<TD colspan=6 class="tr4 td228"><P class="p18 ft2">av den 26 juni 2013 om tillsynskrav</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td50"><P class="p18 ft2">för kreditinstitut <SPAN class="ft3">och värde-</SPAN></P></TD>
<TD colspan=6 class="tr5 td228"><P class="p18 ft2">för kreditinstitut och om ändring av</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">pappersföretag </SPAN>och om ändring av</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td140"><P class="p412 ft2">(EU)</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td206"><P class="p23 ft2">nr 648/2012<SPAN class="ft20">3</SPAN>,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td222"><P class="p18 ft2">förordning</P></TD>
<TD colspan=2 class="tr5 td156"><P class="p79 ft2">(EU)</P></TD>
<TD colspan=3 class="tr5 td206"><P class="p18 ft2">nr 648/2012<SPAN class="ft20">2</SPAN>,</P></TD>
<TD class="tr5 td62"><P class="p18 ft2">lagen</P></TD>
<TD colspan=2 class="tr5 td27"><P class="p323 ft2">(2014:968)</P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p468 ft2">om</P></TD>
<TD class="tr5 td54"><P class="p23 ft2">särskild</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">lagen (2014:968) om särskild tillsyn</P></TD>
<TD colspan=6 class="tr4 td228"><P class="p18 ft2">tillsyn över kreditinstitut och värde-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">över kreditinstitut och värde-</P></TD>
<TD colspan=6 class="tr4 td228"><P class="p18 ft2">pappersbolag, lagen (2014:966) om</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td222"><P class="p18 ft31">pappersbolag,</P></TD>
<TD colspan=4 class="tr4 td227"><P class="p186 ft2">lagen (2014:966)</P></TD>
<TD class="tr4 td135"><P class="p108 ft2">om</P></TD>
<TD colspan=6 class="tr4 td228"><P class="p18 ft2">kapitalbuffertar, tillämplig lag om</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td245"><P class="p18 ft2">kapitalbuffertar, tillämplig</P></TD>
<TD class="tr5 td31"><P class="p186 ft31">lag</P></TD>
<TD class="tr5 td135"><P class="p108 ft2">om</P></TD>
<TD colspan=6 class="tr5 td228"><P class="p18 ft2">årsredovisning, lagen (2004:297) om</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td204"><P class="p18 ft2">årsredovisning,</P></TD>
<TD colspan=4 class="tr4 td197"><P class="p108 ft2">lagen (2004:297)</P></TD>
<TD colspan=6 class="tr4 td228"><P class="p18 ft2">bank- och finansieringsrörelse eller</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td50"><P class="p18 ft2">om bank- och finansieringsrörelse</P></TD>
<TD colspan=4 class="tr4 td242"><P class="p18 ft2">bankens reglemente.</P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td245"><P class="p18 ft2">eller bankens reglemente.</P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr14 td369"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td375"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td280"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td375"><P class="p18 ft69"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p413 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 234px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr14 td251"><P class="p182 ft25">1</P></TD>
<TD style="padding: 0px;margin: 0px;width: 346px;vertical-align: bottom;" class="tr14"><P class="p1 ft29">Senaste lydelse 2014:972.</P></TD>
<TD class="tr14 td239"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr8 td251"><P class="p182 ft25">2</P></TD>
<TD style="padding: 0px;margin: 0px;width: 346px;vertical-align: bottom;" class="tr8"><P class="p1 ft43">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</P></TD>
<TD rowspan=2 class="tr11 td239"><P class="p16 ft2">499</P></TD>
</TR>
<TR>
<TD class="tr14 td251"><P class="p182 ft25">3</P></TD>
<TD style="padding: 0px;margin: 0px;width: 346px;vertical-align: bottom;" class="tr14"><P class="p1 ft29">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_500" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 41px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (1988:1385) om Sveriges riksbank</P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om lagen (1988:1385) om Sveriges riksbank att 4 kap. 4 a § ska ha följande lydelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 14px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 393px;margin-left: 127px;font: italic 13px 'Times New Roman';">
<TR>
<TD colspan=4 class="tr2 td100"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr2 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr2 td150"><P class="p18 ft3">Föreslagen lydelse</P></TD>
<TD class="tr2 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr26 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr26 td132"><P class="p270 ft22">4 kap.</P></TD>
<TD class="tr26 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td132"><P class="p271 ft2">4 a §<SPAN class="ft20">1</SPAN></P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td100"><P class="p244 ft2">Om Riksbanken</P></TD>
<TD colspan=4 class="tr5 td138"><P class="p108 ft2">får kännedom</P></TD>
<TD colspan=2 class="tr5 td37"><P class="p48 ft2">Om</P></TD>
<TD colspan=2 class="tr5 td222"><P class="p412 ft2">Riksbanken</P></TD>
<TD colspan=4 class="tr5 td74"><P class="p16 ft2">får kännedom</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td109"><P class="p18 ft2">om en sådan kritisk situation som</P></TD>
<TD colspan=8 class="tr16 td110"><P class="p18 ft2">om en sådan kritisk situation som</P></TD>
</TR>
<TR>
<TD class="tr5 td128"><P class="p18 ft31">avses</P></TD>
<TD class="tr5 td59"><P class="p73 ft2">i</P></TD>
<TD colspan=2 class="tr5 td27"><P class="p80 ft2">6 kap. 3 §</P></TD>
<TD colspan=2 class="tr5 td75"><P class="p43 ft2">andra</P></TD>
<TD colspan=2 class="tr5 td132"><P class="p108 ft2">stycket</P></TD>
<TD colspan=2 class="tr5 td37"><P class="p18 ft2">avses</P></TD>
<TD colspan=2 class="tr5 td222"><P class="p247 ft2">i 6 kap. 3 §</P></TD>
<TD colspan=2 class="tr5 td75"><P class="p32 ft2">andra</P></TD>
<TD colspan=2 class="tr5 td62"><P class="p16 ft2">stycket</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr16 td100"><P class="p18 ft2">lagen (2014:968)</P></TD>
<TD colspan=2 class="tr16 td75"><P class="p37 ft2">om</P></TD>
<TD colspan=2 class="tr16 td132"><P class="p108 ft2">särskild</P></TD>
<TD colspan=4 class="tr16 td150"><P class="p18 ft2">lagen (2014:968)</P></TD>
<TD class="tr16 td56"><P class="p79 ft2">om</P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td62"><P class="p16 ft2">särskild</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr16 td155"><P class="p18 ft2">tillsyn</P></TD>
<TD class="tr16 td126"><P class="p80 ft2">över</P></TD>
<TD colspan=4 class="tr16 td130"><P class="p24 ft2">kreditinstitut</P></TD>
<TD class="tr16 td88"><P class="p108 ft31">och</P></TD>
<TD colspan=2 class="tr16 td37"><P class="p18 ft2">tillsyn</P></TD>
<TD class="tr16 td75"><P class="p48 ft2">över</P></TD>
<TD colspan=4 class="tr16 td145"><P class="p39 ft2">kreditinstitut</P></TD>
<TD class="tr16 td127"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td109"><P class="p18 ft2">värdepappersbolag, ska Riksbanken</P></TD>
<TD colspan=8 class="tr5 td110"><P class="p18 ft31">värdepappersbolag, ska Riksbanken</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr16 td235"><P class="p18 ft2">omgående</P></TD>
<TD colspan=3 class="tr16 td176"><P class="p18 ft2">underrätta</P></TD>
<TD colspan=2 class="tr16 td132"><P class="p108 ft2">berörda</P></TD>
<TD colspan=3 class="tr16 td148"><P class="p18 ft2">omgående</P></TD>
<TD colspan=2 class="tr16 td183"><P class="p18 ft2">underrätta</P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td62"><P class="p16 ft2">berörda</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td109"><P class="p18 ft2">myndigheter inom EES med ansvar</P></TD>
<TD colspan=8 class="tr16 td110"><P class="p18 ft2">myndigheter inom EES med ansvar</P></TD>
</TR>
<TR>
<TD class="tr5 td128"><P class="p18 ft2">för</P></TD>
<TD colspan=3 class="tr5 td158"><P class="p44 ft31">gruppbaserad</P></TD>
<TD colspan=2 class="tr5 td75"><P class="p77 ft31">tillsyn</P></TD>
<TD colspan=2 class="tr5 td132"><P class="p108 ft2">enligt</P></TD>
<TD class="tr5 td31"><P class="p18 ft2">för</P></TD>
<TD colspan=3 class="tr5 td206"><P class="p44 ft2">gruppbaserad</P></TD>
<TD colspan=2 class="tr5 td75"><P class="p77 ft31">tillsyn</P></TD>
<TD colspan=2 class="tr5 td62"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td109"><P class="p18 ft2">artikel 111 i Europaparlamentets och</P></TD>
<TD colspan=8 class="tr16 td110"><P class="p18 ft31">artikel 111 i Europaparlamentets och</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td109"><P class="p18 ft2">rådets direktiv 2013/36/EU av den</P></TD>
<TD colspan=8 class="tr16 td110"><P class="p18 ft2">rådets direktiv 2013/36/EU av den</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td155"><P class="p18 ft2">26 juni</P></TD>
<TD class="tr5 td126"><P class="p29 ft2">2013</P></TD>
<TD class="tr5 td140"><P class="p186 ft2">om</P></TD>
<TD colspan=3 class="tr5 td7"><P class="p1 ft2">behörighet</P></TD>
<TD class="tr5 td88"><P class="p108 ft2">att</P></TD>
<TD colspan=3 class="tr5 td148"><P class="p18 ft2">26 juni 2013</P></TD>
<TD class="tr5 td88"><P class="p246 ft2">om</P></TD>
<TD colspan=3 class="tr5 td97"><P class="p1 ft2">behörighet</P></TD>
<TD class="tr5 td127"><P class="p16 ft2">att</P></TD>
</TR>
<TR>
<TD class="tr16 td128"><P class="p18 ft31">utöva</P></TD>
<TD colspan=3 class="tr16 td158"><P class="p186 ft2">verksamhet</P></TD>
<TD colspan=4 class="tr16 td138"><P class="p108 ft2">i kreditinstitut</P></TD>
<TD colspan=2 class="tr16 td37"><P class="p18 ft2">utöva</P></TD>
<TD colspan=2 class="tr16 td222"><P class="p246 ft2">verksamhet</P></TD>
<TD colspan=4 class="tr16 td74"><P class="p16 ft2">i kreditinstitut</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td109"><P class="p18 ft2">och om tillsyn av kreditinstitut <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=8 class="tr16 td110"><P class="p18 ft2">och om tillsyn av kreditinstitut, om</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td109"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">, om ändring av</SPAN></P></TD>
<TD colspan=8 class="tr5 td110"><P class="p18 ft2">ändring av direktiv 2002/87/EG och</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td109"><P class="p18 ft2">direktiv 2002/87/EG och om upp-</P></TD>
<TD class="tr16 td31"><P class="p18 ft2">om</P></TD>
<TD colspan=3 class="tr16 td206"><P class="p23 ft2">upphävande</P></TD>
<TD class="tr16 td56"><P class="p1 ft2">av</P></TD>
<TD colspan=3 class="tr16 td54"><P class="p16 ft21">direktiven</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr16 td155"><P class="p18 ft31">hävande</P></TD>
<TD class="tr16 td126"><P class="p78 ft31">av</P></TD>
<TD colspan=5 class="tr16 td79"><P class="p108 ft2"><SPAN class="ft3">direktiv </SPAN>2006/48/EG</P></TD>
<TD colspan=8 class="tr16 td110"><P class="p18 ft2">2006/48/EG och 2006/49/EG<SPAN class="ft20">3 </SPAN><SPAN class="ft3">eller</SPAN></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr16 td100"><P class="p18 ft2">och 2006/49/EG<SPAN class="ft20">2</SPAN>.</P></TD>
<TD class="tr16 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr16 td148"><P class="p18 ft3">artikel 46 i</P></TD>
<TD colspan=5 class="tr16 td199"><P class="p16 ft3">Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td110"><P class="p18 ft21">och rådets direktiv (EU) 2019/2034</P></TD>
</TR>
<TR>
<TD class="tr16 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr16 td110"><P class="p18 ft21">av den 27 november 2019 om tillsyn</P></TD>
</TR>
<TR>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft3">av</P></TD>
<TD colspan=4 class="tr5 td78"><P class="p18 ft21">värdepappersföretag</P></TD>
<TD colspan=2 class="tr5 td140"><P class="p73 ft3">och</P></TD>
<TD class="tr5 td127"><P class="p16 ft3">om</P></TD>
</TR>
<TR>
<TD class="tr16 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr16 td110"><P class="p18 ft21">ändring av direktiven 2002/87/EG,</P></TD>
</TR>
<TR>
<TD class="tr16 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr16 td148"><P class="p18 ft3">2009/65/EG,</P></TD>
<TD class="tr16 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr16 td74"><P class="p16 ft3">2011/61/EU,</P></TD>
</TR>
<TR>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td148"><P class="p18 ft3">2013/36/EU,</P></TD>
<TD class="tr5 td88"><P class="p16 ft3">2014/</P></TD>
<TD colspan=3 class="tr5 td97"><P class="p24 ft3">59/EU</P></TD>
<TD class="tr5 td127"><P class="p16 ft3">och</P></TD>
</TR>
<TR>
<TD class="tr16 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr16 td148"><P class="p18 ft3">2014/65/EU<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr16 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td356"><P class="p18 ft5"> </P></TD>
<TD style="border-bottom: #000000 1px solid;padding: 0px;margin: 0px;width: 15px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td285"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td260"><P class="p18 ft5"> </P></TD>
<TD style="border-bottom: #000000 1px solid;padding: 0px;margin: 0px;width: 15px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 138px;margin-top: 16px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 354px;margin-top: 120px;font: 7px 'Times New Roman';">
<TR>
<TD class="tr14 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr14 td120"><P class="p29 ft39">1</P></TD>
<TD style="padding: 0px;margin: 0px;width: 223px;vertical-align: bottom;" class="tr14"><P class="p79 ft29">Senaste lydelse 2014:973.</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr1 td127"><P class="p16 ft2">500</P></TD>
<TD class="tr8 td120"><P class="p29 ft39">2</P></TD>
<TD style="padding: 0px;margin: 0px;width: 223px;vertical-align: bottom;" class="tr8"><P class="p79 ft27">EUT L 176, 27.6.2013, s. 338 (Celex 32013L0036).</P></TD>
</TR>
<TR>
<TD class="tr9 td120"><P class="p29 ft39">3</P></TD>
<TD style="padding: 0px;margin: 0px;width: 223px;vertical-align: bottom;" class="tr9"><P class="p79 ft27">EUT L 176, 27.6.2013, s. 338 (Celex 32013L0036).</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_501" style="position:relative; overflow: hidden;margin: 53px 0px 78px 68px;padding: 0px;border: none;width: 506px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 49px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (1991:980) om handel med finansiella instrument</P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om lagen (1991:980) om handel med finansiella instrument att 3 kap. 1 § ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 505px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 186px;padding-right: 291px;margin-top: 18px;margin-bottom: 0px;text-indent: -7px;" class="ft22"><SPAN class="ft22">3</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN><SPAN class="ft20">1</SPAN></P>
<P style="text-align: justify;padding-right: 112px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Om ett företag som står under tillsyn av Finansinspektionen vill ingå avtal med ägaren till ett finansiellt instrument om att företaget ska ha rätt att förfoga över det finansiella instrumentet för egen räkning, ska avtalet slutas skriftligen i en för ändamålet särskilt upprättad handling som i någon läsbar och varaktig form är tillgänglig för parterna. Detsamma gäller om företaget medverkar till ett sådant avtal mellan andra parter. Det förfogande som avses ska anges noggrant.</P>
<P style="text-align: justify;padding-right: 112px;margin-top: 3px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Första stycket gäller inte om företagets motpart eller parterna i ett avtal som företaget medverkar till är</P>
<P style="text-align: justify;padding-right: 112px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">ett annat företag som står under tillsyn av Finansinspektionen eller ett utländskt företag inom EES som i sitt hemland får driva jämförbar verksamhet och som står under betryggande tillsyn av myndighet eller annat behörigt organ,</SPAN></P>
<P class="p774 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">Riksgäldskontoret eller ett utländskt offentligt organ inom EES som är ansvarigt för eller deltar i förvaltningen av statsskulden eller är behörigt att föra konton för kunders räkning,</SPAN></P>
<P class="p324 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">Riksbanken eller en utländsk centralbank inom EES, inklusive Europeiska centralbanken,</SPAN></P>
<P style="text-align: justify;padding-right: 112px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">en multilateral utvecklingsbank, Banken för internationell betalningsutjämning, Internationella valutafonden eller Europeiska investeringsbanken, eller</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td37"><P class="p39 ft2">5. ett</P></TD>
<TD class="tr5 td156"><P class="p39 ft31">sådant</P></TD>
<TD colspan=2 class="tr5 td91"><P class="p81 ft31">kreditinstitut</P></TD>
<TD class="tr5 td156"><P class="p108 ft2">som</P></TD>
<TD class="tr5 td37"><P class="p39 ft2">5. ett</P></TD>
<TD class="tr5 td102"><P class="p39 ft2">sådant</P></TD>
<TD colspan=2 class="tr5 td55"><P class="p18 ft31">kreditinstitut</P></TD>
<TD class="tr5 td135"><P class="p16 ft2">som</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft2">anges</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p18 ft2">i förteckningen</P></TD>
<TD colspan=2 class="tr4 td146"><P class="p108 ft2">i artikel 2.5</P></TD>
<TD class="tr4 td37"><P class="p18 ft2">anges</P></TD>
<TD colspan=2 class="tr4 td73"><P class="p18 ft2">i förteckningen</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p16 ft2">i artikel 2.5</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td164"><P class="p18 ft2">i Europaparlamentets</P></TD>
<TD class="tr5 td140"><P class="p79 ft2">och</P></TD>
<TD class="tr5 td156"><P class="p107 ft31">rådets</P></TD>
<TD colspan=3 class="tr5 td172"><P class="p18 ft2">i Europaparlamentets</P></TD>
<TD class="tr5 td68"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td135"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft2">tillsyn</P></TD>
<TD class="tr4 td156"><P class="p237 ft2">av</P></TD>
<TD colspan=2 class="tr4 td91"><P class="p18 ft2">kreditinstitut</P></TD>
<TD class="tr4 td156"><P class="p107 ft3">och</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td164"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=2 class="tr4 td146"><P class="p108 ft2">om ändring</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">av direktiv 2002/87/EG och om</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">av direktiv 2002/87/EG och om</P></TD>
<TD colspan=2 class="tr5 td117"><P class="p18 ft2">upphävande</P></TD>
<TD class="tr5 td140"><P class="p18 ft2">av</P></TD>
<TD colspan=2 class="tr5 td35"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td144"><P class="p18 ft2">upphävande</P></TD>
<TD class="tr4 td171"><P class="p160 ft2">av</P></TD>
<TD colspan=2 class="tr4 td146"><P class="p108 ft3">direktiv</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">2006/48/EG och 2006/49/EG<SPAN class="ft20">3</SPAN><SPAN class="ft3">.</SPAN></P></TD>
</TR>
<TR>
<TD colspan=5 class="tr16 td50"><P class="p18 ft2">2006/48/EG och 2006/49/EG<SPAN class="ft20">2</SPAN>.</P></TD>
<TD class="tr16 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td135"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-right: 106px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Första stycket gäller inte heller om företaget är en sådan central motpart som avses i Europaparlamentets och rådets förordning (EU) nr 648/2012 av</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 61px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr14 td251"><P class="p182 ft25">1</P></TD>
<TD class="tr14 td42"><P class="p1 ft29">Senaste lydelse 2014:974.</P></TD>
<TD class="tr14 td245"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr8 td251"><P class="p182 ft25">2</P></TD>
<TD class="tr8 td42"><P class="p1 ft43">EUT L 176, 27.6.2013, s. 338 (Celex 32013L0036).</P></TD>
<TD rowspan=2 class="tr11 td245"><P class="p16 ft2">501</P></TD>
</TR>
<TR>
<TD class="tr14 td251"><P class="p182 ft25">3</P></TD>
<TD class="tr14 td42"><P class="p1 ft29">EUT L 176, 27.6.2013, s. 338 (Celex 32013L0036).</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_502" style="position:relative; overflow: hidden;margin: 50px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<TABLE cellpadding=0 cellspacing=0 class="t82">
<TR>
<TD class="tr2 td199"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD colspan=2 class="tr2 td103"><P class="p18 ft2">den 4 juli 2012 om <NOBR>OTC-derivat,</NOBR> centrala motparter och</P></TD>
</TR>
<TR>
<TD class="tr3 td199"><P class="p18 ft2">Bilaga 7</P></TD>
<TD colspan=2 class="tr3 td103"><P class="p18 ft2">transaktionsregister<SPAN class="ft20">4</SPAN>.</P></TD>
</TR>
<TR>
<TD class="tr45 td199"><P class="p18 ft102"> </P></TD>
<TD class="tr44 td264"><P class="p18 ft98"> </P></TD>
<TD class="tr45 td263"><P class="p18 ft102"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 138px;margin-top: 17px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 344px;margin-top: 690px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p278 ft2">502</P></TD>
<TD style="padding: 0px;margin: 0px;width: 271px;vertical-align: bottom;" class="tr2"><P class="p279 ft27"><SPAN class="ft48">4 </SPAN>EUT L 201, 27.7.2012, s. 1 (Celex 32012R0648).</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_503" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="position:absolute;top:174px;left:204px;width:189px;height:60px;"><SPAN class="ft2">Vid tillämpningen av denna lag ska artikel 434.2 i Europa- parlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni</SPAN></DIV>
<DIV style="position:absolute;top:233px;left:204px;width:189px;height:60px;"><SPAN class="ft2">2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012</SPAN><SPAN class="ft20">3 </SPAN><SPAN class="ft2">be- aktas.</SPAN></DIV>
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P class="p1027 ft18">Förslag till lag om ändring i lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag</P>
<P style="text-align: justify;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs i fråga om lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag att 5 kap. 7 § och 6 kap. 3 § ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 17px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr4 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 179px;margin-top: 16px;margin-bottom: 0px;" class="ft22">5 kap.</P>
<P class="p455 ft2">7 §<SPAN class="ft20">1</SPAN></P>
<P class="p354 ft66">Vid tillämpningen av denna lag ska artikel 434.2 i Europa- parlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni</P>
<P style="text-align: justify;padding-right: 366px;margin-top: 3px;margin-bottom: 0px;" class="ft2">2013 om tillsynskrav för kreditinstitut <SPAN class="ft3">och värdepappers- företag </SPAN>och om ändring av för- ordning (EU) nr 648/2012<SPAN class="ft20">2 </SPAN>beaktas.</P>
<P style="text-align: left;padding-left: 179px;margin-top: 15px;margin-bottom: 0px;" class="ft22">6 kap.</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 style="padding: 0px;margin: 0px;width: 234px;vertical-align: bottom;" class="tr4"><P class="p250 ft2">3 §<SPAN class="ft20">4</SPAN></P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p108 ft2">I kapitaltäckningsanalysen ska</P></TD>
<TD class="tr4 td126"><P class="p39 ft2">I</P></TD>
<TD colspan=3 class="tr4 td142"><P class="p207 ft31">kapitaltäckningsanalysen</P></TD>
<TD class="tr4 td113"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td50"><P class="p107 ft66">uppgifter lämnas om kapitalbasen</P></TD>
<TD colspan=5 class="tr14 td85"><P class="p18 ft66">uppgifter lämnas om kapitalbasen</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p108 ft2">och kapitalbaskraven i enlighet med</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft31">och kapitalbaskraven i enlighet med</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p107 ft2">vad som följer av förordning (EU)</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">vad som följer av förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td50"><P class="p18 ft66">nr 575/2013.</P></TD>
<TD colspan=2 class="tr14 td175"><P class="p18 ft66">nr 575/2013</P></TD>
<TD class="tr14 td125"><P class="p30 ft67">eller</P></TD>
<TD colspan=2 class="tr14 td27"><P class="p16 ft75">Europapar-</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td175"><P class="p18 ft3">lamentets och</P></TD>
<TD class="tr4 td125"><P class="p207 ft3">rådets</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p16 ft3">förordning</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft3">(EU)</P></TD>
<TD colspan=2 class="tr4 td138"><P class="p249 ft3">2019/2033</P></TD>
<TD class="tr4 td114"><P class="p249 ft3">av</P></TD>
<TD class="tr4 td113"><P class="p16 ft3">den</P></TD>
</TR>
<TR>
<TD class="tr14 td99"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td74"><P class="p18 ft69"> </P></TD>
<TD colspan=5 class="tr14 td85"><P class="p18 ft67">27 november 2019 om tillsynskrav för</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft21">värdepappersföretag och om ändring</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft3">av</P></TD>
<TD colspan=3 class="tr4 td142"><P style="text-align: right;padding-right: 36px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">förordningarna</P></TD>
<TD class="tr4 td113"><P class="p16 ft21">(EU)</P></TD>
</TR>
<TR>
<TD class="tr14 td99"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td74"><P class="p18 ft69"> </P></TD>
<TD colspan=2 class="tr14 td175"><P class="p18 ft75">nr 1093/2010,</P></TD>
<TD class="tr14 td125"><P class="p108 ft67">(EU)</P></TD>
<TD colspan=2 class="tr14 td27"><P class="p16 ft67">nr 575/2013,</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft3">(EU)</P></TD>
<TD colspan=2 class="tr4 td138"><P class="p30 ft3">nr 600/2014</P></TD>
<TD class="tr4 td114"><P class="p159 ft3">och</P></TD>
<TD class="tr4 td113"><P class="p16 ft21">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td175"><P class="p18 ft3">nr 806/2014<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td50"><P class="p108 ft66">Moderföretag som enligt <SPAN class="ft75">samma</SPAN></P></TD>
<TD colspan=2 class="tr14 td175"><P class="p39 ft66">Moderföretag</P></TD>
<TD colspan=3 class="tr14 td105"><P class="p16 ft66">som enligt <SPAN class="ft75">någon</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p107 ft2"><SPAN class="ft3">förordning </SPAN>ska uppfylla kraven i</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft3">av de i första stycket nämnda</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p107 ft2">förordningen på grundval av en</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft31"><SPAN class="ft21">förordningarna </SPAN>ska uppfylla kraven</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td50"><P class="p107 ft70">grupps konsoliderade situation, ska</P></TD>
<TD colspan=5 class="tr14 td85"><P class="p18 ft66">i förordningen på grundval av en</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p107 ft2">lämna de uppgifter som anges i</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft31">grupps konsoliderade situation, ska</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">första stycket beträffande gruppen.</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">lämna de uppgifter som anges i</P></TD>
</TR>
<TR>
<TD class="tr14 td99"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td74"><P class="p18 ft69"> </P></TD>
<TD colspan=5 class="tr14 td85"><P class="p18 ft66">första stycket beträffande gruppen.</P></TD>
</TR>
<TR>
<TD class="tr4 td264"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td74"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p407 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<P class="p885 ft59"><SPAN class="ft25">1</SPAN><SPAN class="ft58">Senaste lydelse 2014:975.</SPAN></P>
<P class="p14 ft59"><SPAN class="ft25">2</SPAN><SPAN class="ft58">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</SPAN></P>
<P style="font: 11px 'Times New Roman';line-height: 10px;" class="p14"><SPAN class="ft25">3</SPAN><SPAN style="font: 11px 'Times New Roman';margin-left: 3px;line-height: 10px;">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t17">
<TR>
<TD class="tr16 td157"><P class="p18 ft29"><SPAN class="ft28">4 </SPAN>Senaste lydelse 2014:975.</P></TD>
<TD class="tr16 td50"><P class="p16 ft2">503</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_504" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:498px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173504x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV style="position:absolute;top:162px;left:330px;width:190px;height:210px;"><SPAN class="ft31">En styrelseledamot eller delegat, som när han eller hon fullgör sitt uppdrag uppsåtligen eller av oaktsamhet skadar en medlems- bank, ska ersätta skadan. Detsamma gäller när skadan tillfogas en medlem eller någon annan genom överträdelse av denna lag, Europa- parlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kredit- institut och om ändring av förordning (EU) nr 648/2012</SPAN><SPAN style="font: 8px 'Times New Roman';line-height: 10px;position: relative; bottom: 5px;">3</SPAN><SPAN class="ft31">, lagen (2014:968) om särskild tillsyn över kredit- institut och värdepappersbolag, lagen</SPAN></DIV>
<DIV style="position:absolute;top:392px;left:330px;width:190px;height:75px;"><SPAN class="ft2">(2014:966) om kapitalbuffertar, tillämplig lag om årsredovisning, lagen (2004:297) om bank- och finansieringsrörelse eller bankens stadgar.</SPAN></DIV>
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 41px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (1995:1570) om medlemsbanker</P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om lagen (1995:1570) om medlemsbanker att 11 kap. 1 § ska ha följande lydelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 304px;margin-left: 127px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td109"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 302px;margin-top: 18px;margin-bottom: 0px;" class="ft22">11 kap.</P>
<P style="text-align: left;padding-left: 313px;margin-top: 0px;margin-bottom: 0px;" class="ft2">1 §<SPAN class="ft20">1</SPAN></P>
<P style="text-align: justify;padding-left: 127px;padding-right: 267px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2">En styrelseledamot eller delegat, som när han eller hon fullgör sitt uppdrag uppsåtligen eller av oaktsamhet skadar en medlems- bank, ska ersätta skadan. Detsamma gäller när skadan tillfogas en medlem eller någon annan genom överträdelse av denna lag, Europa- parlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kredit- institut <SPAN class="ft3">och värdepappersföretag </SPAN>och om ändring av förordning (EU) nr 648/2012<SPAN class="ft20">2</SPAN>, lagen (2014:968) om särskild tillsyn över kreditinstitut</P>
<P style="text-align: justify;padding-left: 127px;padding-right: 272px;margin-top: 5px;margin-bottom: 0px;" class="ft2">och värdepappersbolag, lagen (2014:966) om kapitalbuffertar, tillämplig lag om årsredovisning, lagen (2004:297) om bank- och finansieringsrörelse eller bankens stadgar.</P>
<P style="text-align: left;padding-left: 138px;margin-top: 34px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 344px;margin-top: 214px;font: 7px 'Times New Roman';">
<TR>
<TD class="tr14 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr14 td120"><P class="p29 ft39">1</P></TD>
<TD style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr14"><P class="p79 ft29">Senaste lydelse 2014:976.</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr1 td127"><P class="p16 ft2">504</P></TD>
<TD class="tr8 td120"><P class="p29 ft39">2</P></TD>
<TD style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr8"><P class="p79 ft27">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</P></TD>
</TR>
<TR>
<TD class="tr9 td120"><P class="p29 ft39">3</P></TD>
<TD style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr9"><P class="p79 ft27">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_505" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="position:absolute;top:711px;left:0px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173505x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 61px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i inkomstskattelagen (1999:1229)</P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om inkomstskattelagen (1999:1229) att 24 kap. 9 § ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 186px;padding-right: 339px;margin-top: 18px;margin-bottom: 0px;text-indent: -10px;" class="ft22"><SPAN class="ft35">24</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">9 §</SPAN><SPAN class="ft20">1</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 class="tr4 td64"><P class="p186 ft2">Ett företag som omfattas av</P></TD>
<TD colspan=6 class="tr4 td63"><P class="p16 ft2">Ett företag som omfattas av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td78"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td22"><P class="p186 ft2">och rådets</P></TD>
<TD colspan=3 class="tr4 td195"><P class="p77 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td88"><P class="p35 ft2">och</P></TD>
<TD colspan=2 class="tr4 td155"><P class="p16 ft2">rådets</P></TD>
</TR>
<TR>
<TD class="tr5 td55"><P class="p18 ft2">förordning</P></TD>
<TD class="tr5 td160"><P class="p77 ft2">(EU)</P></TD>
<TD class="tr5 td22"><P class="p186 ft2">nr 575/2013</P></TD>
<TD colspan=2 class="tr5 td22"><P class="p77 ft2">förordning</P></TD>
<TD class="tr5 td47"><P class="p301 ft2">(EU)</P></TD>
<TD colspan=3 class="tr5 td129"><P class="p16 ft2">nr 575/2013</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td64"><P class="p186 ft2">av den 26 juni 2013 om tillsynskrav</P></TD>
<TD colspan=6 class="tr4 td63"><P class="p16 ft2">av den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td64"><P class="p44 ft2">för kreditinstitut <SPAN class="ft3">och värde-</SPAN></P></TD>
<TD colspan=6 class="tr4 td63"><P class="p16 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td64"><P class="p186 ft2"><SPAN class="ft3">pappersföretag </SPAN>och om ändring av</P></TD>
<TD colspan=6 class="tr5 td63"><P class="p16 ft2">förordning (EU) nr 648/2012 <SPAN class="ft3">eller</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td55"><P class="p18 ft2">förordning</P></TD>
<TD colspan=2 class="tr4 td161"><P class="p186 ft2">(EU) nr 648/2012, får</P></TD>
<TD class="tr4 td56"><P class="p77 ft3">av</P></TD>
<TD colspan=5 class="tr4 td225"><P class="p16 ft21">Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td64"><P class="p186 ft2">inte dra av ränteutgifter på</P></TD>
<TD colspan=6 class="tr4 td63"><P class="p16 ft3">förordning (EU) 2019/2033 av den</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td64"><P class="p186 ft2">efterställda skulder som får ingå i</P></TD>
<TD colspan=6 class="tr5 td63"><P class="p16 ft3">27 november 2019 om tillsynskrav</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td64"><P class="p186 ft2">kapitalbasen vid tillämpning av <SPAN class="ft3">den</SPAN></P></TD>
<TD class="tr4 td56"><P class="p77 ft3">för</P></TD>
<TD colspan=4 class="tr4 td240"><P class="p80 ft3">värdepappersföretag och</P></TD>
<TD class="tr4 td141"><P class="p16 ft3">om</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td78"><P class="p18 ft3">förordningen<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td22"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td63"><P class="p16 ft3">ändring av förordningarna (EU) nr</P></TD>
</TR>
<TR>
<TD class="tr5 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td22"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td22"><P class="p77 ft3">1093/2010,</P></TD>
<TD class="tr5 td47"><P class="p301 ft3">(EU)</P></TD>
<TD colspan=3 class="tr5 td129"><P class="p16 ft3">nr 575/2013,</P></TD>
</TR>
<TR>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td195"><P class="p77 ft3">(EU) nr 600/2014</P></TD>
<TD class="tr4 td88"><P class="p42 ft21">och</P></TD>
<TD colspan=2 class="tr4 td155"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td22"><P class="p77 ft3">nr 806/2014<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td47"><P class="p301 ft2">får</P></TD>
<TD class="tr4 td88"><P class="p18 ft2">inte</P></TD>
<TD class="tr4 td190"><P class="p18 ft2">dra</P></TD>
<TD class="tr4 td141"><P class="p16 ft2">av</P></TD>
</TR>
<TR>
<TD class="tr5 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td22"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td63"><P class="p16 ft2">ränteutgifter på efterställda skulder</P></TD>
</TR>
<TR>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td63"><P class="p16 ft2">som får ingå i kapitalbasen vid</P></TD>
</TR>
<TR>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td22"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td63"><P class="p16 ft2">tillämpning av <SPAN class="ft3">respektive för-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td22"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td22"><P class="p77 ft3">ordning<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td64"><P class="p292 ft2">Ett svenskt försäkringsföretag</P></TD>
<TD class="tr4 td56"><P class="p1 ft2">som</P></TD>
<TD class="tr4 td230"><P class="p77 ft2">omfattas</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p77 ft2">av 7 kap.</P></TD>
<TD colspan=2 class="tr4 td155"><P class="p16 ft2">försäk-</P></TD>
</TR>
</TABLE>
<P class="p707 ft2">ringsrörelselagen (2010:2043) eller av lagen (2019:742) om tjänste- pensionsföretag får inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av dessa lagar.</P>
<P class="p89 ft2">Ett utländskt försäkringsföretag som hör hemma i en stat inom Europeiska ekonomiska samarbetsområdet och som omfattas av Europaparlamentets och rådets direktiv 2009/138/EG av den 25 november 2009 om upptagande och utövande av försäkrings- och återförsäkringsverksamhet (Solvens II), får inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av nationell lagstiftning som genomför det direktivet.</P>
<P class="p438 ft2">Ett utländskt tjänstepensionsinstitut får inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av nationell lagstiftning som genomför Europaparlamentets och rådets direktiv (EU) 2016/2341 av den 14 december 2016 om verksamhet i och tillsyn över tjänstepensionsinstitut. Vad som avses med ett utländskt tjänstepensionsinstitut framgår av 39 kap. 13 a §.</P>
<P style="text-align: left;padding-left: 11px;margin-top: 33px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 24px;font: 7px 'Times New Roman';">
<TR>
<TD class="tr2 td157"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2019:787.</P></TD>
<TD class="tr2 td50"><P class="p16 ft2">505</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_506" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:620px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173506x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2000:192) om allmänna pensionsfonder <NOBR>(AP-fonder)</NOBR></P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om lagen (2000:192) om allmänna pensionsfonder <NOBR>(AP-fonder)</NOBR> att 4 kap. 11 § ska ha följande lydelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 304px;margin-left: 127px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td109"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p454 ft22">4 kap.</P>
<P style="text-align: left;padding-left: 309px;margin-top: 0px;margin-bottom: 0px;" class="ft2">11 §<SPAN class="ft20">1</SPAN></P>
<P class="p490 ft2">Av var och en av <NOBR>Första–Fjärde</NOBR> <NOBR>AP-fondernas</NOBR> tillgångar, värderade till marknadsvärdet, får högst tio procent utgöras av fondpapper eller andra finansiella instrument utfärdade av en emittent eller av en grupp av emittenter med inbördes anknytning. Denna begränsning gäller inte</P>
<P class="p478 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">svenska staten, en svensk kommun eller därmed jämförlig sam- fällighet, och</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR height=0>
<TD width=25px></TD>
<TD width=33px></TD>
<TD width=14px></TD>
<TD width=16px></TD>
<TD width=27px></TD>
<TD width=44px></TD>
<TD width=44px></TD>
<TD width=26px></TD>
<TD width=46px></TD>
<TD width=20px></TD>
<TD width=23px></TD>
<TD width=44px></TD>
<TD width=31px></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">2. utländska stater, centralbanker,</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">2. utländska stater, centralbanker,</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td152"><P class="p18 ft2">utländska kommuner</P></TD>
<TD colspan=2 class="tr4 td173"><P class="p108 ft2">eller därmed</P></TD>
<TD colspan=4 class="tr4 td152"><P class="p18 ft2">utländska kommuner</P></TD>
<TD colspan=2 class="tr4 td91"><P class="p16 ft2">eller därmed</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td67"><P class="p18 ft2">jämförliga</P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td151"><P class="p1 ft2">samfälligheter,</P></TD>
<TD class="tr5 td155"><P class="p108 ft2">och</P></TD>
<TD colspan=2 class="tr5 td222"><P class="p18 ft2">jämförliga</P></TD>
<TD colspan=3 class="tr5 td151"><P class="p1 ft2">samfälligheter,</P></TD>
<TD class="tr5 td68"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">andra emittenter, som får noll</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">andra emittenter, som får noll</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">procent riskvikt med stöd av</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">procent riskvikt med stöd av</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td152"><P class="p18 ft2">schablonmetoden</P></TD>
<TD class="tr5 td155"><P class="p18 ft2">som</P></TD>
<TD class="tr5 td155"><P class="p108 ft2">enligt</P></TD>
<TD colspan=4 class="tr5 td152"><P class="p18 ft2">schablonmetoden</P></TD>
<TD class="tr5 td155"><P class="p18 ft2">som</P></TD>
<TD class="tr5 td68"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td67"><P class="p18 ft2">artikel 107</P></TD>
<TD class="tr4 td6"><P class="p35 ft2">i</P></TD>
<TD colspan=4 class="tr4 td234"><P class="p108 ft2">Europaparlamentets</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p18 ft2">artikel 107 i</P></TD>
<TD colspan=4 class="tr4 td202"><P class="p16 ft2">Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft2">och</P></TD>
<TD colspan=2 class="tr4 td98"><P class="p48 ft2">rådets</P></TD>
<TD colspan=3 class="tr4 td151"><P class="p237 ft2">förordning</P></TD>
<TD class="tr4 td155"><P class="p108 ft2">(EU)</P></TD>
<TD class="tr4 td113"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td156"><P class="p48 ft2">rådets</P></TD>
<TD colspan=3 class="tr4 td151"><P class="p112 ft2">förordning</P></TD>
<TD class="tr4 td68"><P class="p16 ft2">(EU)</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td222"><P class="p18 ft2">nr 575/2013</P></TD>
<TD class="tr5 td141"><P class="p18 ft2">av</P></TD>
<TD class="tr5 td56"><P class="p37 ft2">den</P></TD>
<TD class="tr5 td155"><P class="p37 ft2">26 juni</P></TD>
<TD class="tr5 td155"><P class="p108 ft2">2013</P></TD>
<TD colspan=2 class="tr5 td222"><P class="p18 ft2">nr 575/2013</P></TD>
<TD class="tr5 td127"><P class="p18 ft2">av</P></TD>
<TD class="tr5 td31"><P class="p18 ft2">den</P></TD>
<TD class="tr5 td155"><P class="p37 ft2">26 juni</P></TD>
<TD class="tr5 td68"><P class="p16 ft2">2013</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft2">om</P></TD>
<TD colspan=3 class="tr4 td35"><P class="p18 ft2">tillsynskrav</P></TD>
<TD class="tr4 td56"><P class="p73 ft2">för</P></TD>
<TD colspan=2 class="tr4 td173"><P class="p108 ft2">kreditinstitut</P></TD>
<TD class="tr4 td113"><P class="p18 ft2">om</P></TD>
<TD colspan=2 class="tr4 td80"><P class="p18 ft2">tillsynskrav</P></TD>
<TD class="tr4 td31"><P class="p32 ft2">för</P></TD>
<TD colspan=2 class="tr4 td91"><P class="p16 ft2">kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft3">och</P></TD>
<TD colspan=6 class="tr4 td167"><P class="p108 ft3">värdepappersföretag <SPAN class="ft2">och om</SPAN></P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">och om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td67"><P class="p18 ft2">ändring</P></TD>
<TD class="tr5 td6"><P class="p18 ft2">av</P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td32"><P class="p18 ft2">förordning</P></TD>
<TD class="tr5 td155"><P class="p108 ft2">(EU)</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft2">nr 648/2012<SPAN class="ft20">3 </SPAN>ska tillämpas för att</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">nr 648/2012<SPAN class="ft20">2 </SPAN>ska tillämpas för att</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p18 ft2">beräkna</P></TD>
<TD colspan=3 class="tr4 td151"><P class="p79 ft2">kapitalkravet</P></TD>
<TD class="tr4 td68"><P class="p16 ft2">för</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td67"><P class="p18 ft2">beräkna</P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td151"><P class="p1 ft2">kapitalkravet</P></TD>
<TD class="tr4 td155"><P class="p108 ft2">för</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p18 ft2">kreditrisker.</P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p489 ft2">kreditrisker.</P>
<P class="p490 ft2">Med grupp av emittenter med inbördes anknytning avses två eller flera fysiska eller juridiska personer som utgör en helhet från risksynpunkt därför att</P>
<P class="p475 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">någon av dem har direkt eller indirekt ägarinflytande över en eller flera av de övriga i gruppen, eller</SPAN></P>
<P class="p477 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">de utan att stå i sådant förhållande som avses i 1 har sådan inbördes anknytning att någon eller samtliga av de övriga kan befaras råka i betalningssvårigheter om en av dem drabbas av finansiella problem.</SPAN></P>
<P style="text-align: left;padding-left: 138px;margin-top: 32px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 344px;margin-top: 92px;font: 7px 'Times New Roman';">
<TR>
<TD class="tr14 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr14 td120"><P class="p29 ft39">1</P></TD>
<TD style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr14"><P class="p79 ft29">Senaste lydelse 2014:979.</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr1 td127"><P class="p16 ft2">506</P></TD>
<TD class="tr8 td120"><P class="p29 ft39">2</P></TD>
<TD style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr8"><P class="p79 ft27">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</P></TD>
</TR>
<TR>
<TD class="tr9 td120"><P class="p29 ft39">3</P></TD>
<TD style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr9"><P class="p79 ft27">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_507" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 506px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 84px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2004:46) om värdepappersfonder</P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om lagen (2004:46) om värdepappersfonder att 2 kap. 10 och 11 §§ ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 505px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-left: 183px;padding-right: 291px;margin-top: 18px;margin-bottom: 0px;text-indent: -4px;" class="ft22"><SPAN class="ft22">2</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">10 §</SPAN><SPAN class="ft20">1</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD colspan=8 class="tr4 td64"><P class="p186 ft2">Ett fondbolags egna medel får,</P></TD>
<TD colspan=9 class="tr4 td45"><P class="p204 ft2">Ett fondbolags egna medel får,</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft2">trots vad som anges i 8 och 9 §§,</P></TD>
<TD colspan=9 class="tr4 td45"><P class="p204 ft2">trots vad som anges i 8 och 9 §§,</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td64"><P class="p18 ft2">inte understiga <SPAN class="ft3">ett </SPAN>belopp som</P></TD>
<TD colspan=9 class="tr5 td45"><P class="p204 ft2">inte understiga <SPAN class="ft3">det </SPAN>belopp som</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft3">motsvarar 25 procent av bolagets</P></TD>
<TD colspan=2 class="tr4 td91"><P class="p77 ft3">föreskrivs</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P style="text-align: center;padding-right: 18px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">i</P></TD>
<TD colspan=4 class="tr4 td129"><P style="text-align: center;padding-right: 9px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft21">artikel 13</P></TD>
<TD class="tr4 td164"><P class="p204 ft3">i</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft3">fasta</P></TD>
<TD colspan=4 class="tr4 td235"><P class="p18 ft3">omkostnader</P></TD>
<TD class="tr4 td114"><P class="p112 ft3">för</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p186 ft3">det</P></TD>
<TD colspan=5 class="tr4 td99"><P class="p77 ft3">Europaparlamentets</P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p271 ft21">och</P></TD>
<TD colspan=2 class="tr4 td236"><P class="p204 ft3">rådets</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td64"><P class="p18 ft3">föregående året eller, om bolagets</P></TD>
<TD colspan=9 class="tr5 td45"><P class="p204 ft3">förordning (EU) 2019/2033 av den</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft3">verksamhet pågått i mindre än ett</P></TD>
<TD colspan=9 class="tr4 td45"><P class="p204 ft3">27 november 2019 om tillsynskrav</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft3">år, 25 procent av de fasta omkost-</P></TD>
<TD colspan=7 class="tr4 td240"><P class="p77 ft3">för värdepappersföretag</P></TD>
<TD colspan=2 class="tr4 td236"><P class="p204 ft3">och om</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td64"><P class="p18 ft3">nader som angetts i bolagets verk-</P></TD>
<TD class="tr5 td122"><P class="p77 ft21">ändring</P></TD>
<TD class="tr5 td113"><P class="p73 ft3">av</P></TD>
<TD colspan=7 style="padding: 0px;margin: 0px;width: 233px;vertical-align: bottom;" class="tr5"><P class="p204 ft3">förordningarna (EU)</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td129"><P class="p18 ft3">samhetsplan<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td175"><P class="p77 ft3">nr 1093/2010,</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p207 ft3">(EU)</P></TD>
<TD colspan=4 style="padding: 0px;margin: 0px;width: 185px;vertical-align: bottom;" class="tr4"><P class="p204 ft3">nr 575/2013,</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td45"><P class="p204 ft3">(EU) nr 600/2014 och (EU)nr</P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td91"><P class="p77 ft3">806/2014<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td164"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p44 ft3">Om omfattningen av fondbolagets</P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td164"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft21">verksamhet ändrats väsentligt sedan</P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td164"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td64"><P class="p18 ft3">det föregående året eller om</P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td164"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td187"><P class="p18 ft3">Finansinspektionen</P></TD>
<TD class="tr4 td114"><P class="p177 ft3">finner</P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p186 ft21">att</P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td164"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft3">verksamhetsplanen behöver korri-</P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td164"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td64"><P class="p18 ft3">geras, får inspektionen besluta om</P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td164"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft3">ändring</P></TD>
<TD colspan=2 class="tr4 td126"><P class="p77 ft3">av</P></TD>
<TD colspan=3 class="tr4 td38"><P class="p302 ft21">kapitalkravet</P></TD>
<TD colspan=2 class="tr4 td114"><P class="p186 ft21">enligt</P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td164"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td129"><P class="p18 ft3">första stycket.</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td164"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr15 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td141"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr15 td32"><P style="text-align: right;padding-right: 35px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">11 §<SPAN class="ft20">2</SPAN></P></TD>
<TD class="tr15 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td164"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td227"><P class="p39 ft2">Bestämmelser</P></TD>
<TD class="tr4 td11"><P class="p18 ft2">om</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p81 ft2">tillsyn</P></TD>
<TD class="tr4 td16"><P class="p186 ft2">på</P></TD>
<TD colspan=4 class="tr4 td136"><P class="p206 ft2">Bestämmelser</P></TD>
<TD colspan=2 class="tr4 td31"><P class="p18 ft2">om</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p77 ft2">tillsyn</P></TD>
<TD class="tr4 td164"><P class="p204 ft31">på</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft2">gruppnivå finns i artiklarna <NOBR>11–24</NOBR> i</P></TD>
<TD colspan=9 class="tr4 td45"><P class="p204 ft2">gruppnivå finns i artiklarna <NOBR>11–24</NOBR> i</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td187"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td114"><P class="p18 ft2">och</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p44 ft31">rådets</P></TD>
<TD colspan=5 class="tr5 td99"><P class="p77 ft2">Europaparlamentets</P></TD>
<TD colspan=2 class="tr5 td126"><P class="p32 ft2">och</P></TD>
<TD colspan=2 class="tr5 td236"><P class="p204 ft2">rådets</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft2">förordning (EU) nr 575/2013 av den</P></TD>
<TD colspan=9 class="tr4 td45"><P class="p204 ft2">förordning (EU) nr 575/2013 av den</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft2">26 juni 2013 om tillsynskrav för</P></TD>
<TD colspan=9 class="tr4 td45"><P class="p204 ft2">26 juni 2013 om tillsynskrav för</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td129"><P class="p18 ft2">kreditinstitut</P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p456 ft21">och</P></TD>
<TD colspan=3 class="tr5 td148"><P class="p44 ft3">värde-</P></TD>
<TD colspan=9 class="tr5 td45"><P class="p204 ft2">kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft2"><SPAN class="ft3">pappersföretag </SPAN>och om ändring av</P></TD>
<TD colspan=2 class="tr4 td91"><P class="p77 ft2">förordning</P></TD>
<TD colspan=2 class="tr4 td135"><P class="p307 ft2">(EU)</P></TD>
<TD colspan=4 class="tr4 td129"><P class="p43 ft2">nr 648/2012,</P></TD>
<TD class="tr4 td164"><P class="p204 ft2">i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td67"><P class="p18 ft2">förordning</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p35 ft2">(EU)</P></TD>
<TD colspan=3 class="tr4 td91"><P class="p244 ft2">nr 648/2012,</P></TD>
<TD class="tr4 td16"><P class="p186 ft2">i</P></TD>
<TD class="tr4 td122"><P class="p77 ft2">lagen</P></TD>
<TD colspan=4 class="tr4 td235"><P class="p108 ft2">(2006:531)</P></TD>
<TD colspan=2 class="tr4 td126"><P class="p18 ft2">om</P></TD>
<TD colspan=2 class="tr4 td236"><P class="p204 ft2">särskild</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td64"><P class="p18 ft2">lagen (2006:531) om särskild till-</P></TD>
<TD colspan=9 class="tr5 td45"><P class="p204 ft2">tillsyn över finansiella konglomerat</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td67"><P class="p18 ft2">syn över</P></TD>
<TD colspan=3 class="tr4 td35"><P class="p18 ft2">finansiella</P></TD>
<TD colspan=3 class="tr4 td148"><P class="p186 ft2">konglomerat</P></TD>
<TD colspan=9 class="tr4 td45"><P class="p204 ft2">samt i lagen (2014:968) om särskild</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td64"><P class="p18 ft2">samt i lagen (2014:968) om särskild</P></TD>
<TD colspan=9 class="tr4 td45"><P class="p204 ft2">tillsyn över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft2">tillsyn</P></TD>
<TD colspan=2 class="tr5 td126"><P class="p1 ft2">över</P></TD>
<TD colspan=3 class="tr5 td38"><P class="p35 ft2">kreditinstitut</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p186 ft2">och</P></TD>
<TD colspan=3 class="tr5 td175"><P class="p77 ft2">pappersbolag</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p246 ft3">samt</P></TD>
<TD class="tr5 td17"><P class="p79 ft3">i</P></TD>
<TD colspan=2 class="tr5 td54"><P class="p35 ft21">artikel 7</P></TD>
<TD class="tr5 td164"><P class="p204 ft3">i</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td187"><P class="p18 ft2">värdepappersbolag.</P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td45"><P class="p204 ft3">Europaparlamentets och rådets för-</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td45"><P class="p204 ft3">ordning (EU) 2019/2033 av den</P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td45"><P class="p204 ft3">27 november 2019 om tillsynskrav</P></TD>
</TR>
<TR>
<TD colspan=6 style="height: 39px;" class="td226"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2017:1143.</P></TD>
<TD style="height: 39px;" class="td141"><P class="p18 ft5"> </P></TD>
<TD style="height: 39px;" class="td16"><P class="p18 ft5"> </P></TD>
<TD style="height: 39px;" class="td122"><P class="p18 ft5"> </P></TD>
<TD style="height: 39px;" class="td113"><P class="p18 ft5"> </P></TD>
<TD style="height: 39px;" class="td203"><P class="p18 ft5"> </P></TD>
<TD style="height: 39px;" class="td16"><P class="p18 ft5"> </P></TD>
<TD style="height: 39px;" class="td141"><P class="p18 ft5"> </P></TD>
<TD style="height: 39px;" class="td17"><P class="p18 ft5"> </P></TD>
<TD style="height: 39px;" class="td31"><P class="p18 ft5"> </P></TD>
<TD style="height: 39px;" class="td68"><P class="p18 ft5"> </P></TD>
<TD rowspan=2 class="tr36 td164"><P class="p16 ft2">507</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td226"><P class="p18 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2017:1143.</P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_508" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:92px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173508x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 138px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 26px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">508</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 450px;overflow: hidden;">
<P style="text-align: justify;padding-left: 192px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft3">för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014.</P>
<P class="p871 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_509" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 5px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2004:297) om bank- och finansieringsrörelse</P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om lagen (2004:297) om bank- och finansieringsrörelse att 1 kap. 5 § ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p389 ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">5 §</SPAN><SPAN class="ft20">1</SPAN></P>
<P class="p65 ft2">I denna lag betyder</P>
<P class="p89 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft38">anknutet företag</SPAN>: ett svenskt eller utländskt företag vars huvudsakliga verksamhet består i att äga eller förvalta fast egendom, tillhandahålla datatjänster eller driva annan liknande verksamhet som har samband med den huvudsakliga verksamheten i ett eller flera kreditinstitut, värdepappersbolag eller motsvarande utländska företag,</P>
<P class="p87 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft38">bank</SPAN>: bankaktiebolag, sparbank och medlemsbank,</P>
<P class="p91 ft2"><SPAN class="ft2">3.</SPAN><SPAN style="font: italic 13px 'Times New Roman';margin-left: 9px;line-height: 15px;">bankaktiebolag</SPAN>: ett aktiebolag som har fått tillstånd att driva bankrörelse,</P>
<P class="p88 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft38">behörig myndighet</SPAN>: en utländsk myndighet som har behörighet att utöva tillsyn över utländska kreditinstitut,</P>
<P class="p87 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft38">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p92 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft38">filial</SPAN>: ett avdelningskontor med självständig förvaltning, varvid även ett utländskt kreditinstituts etablering av flera driftställen ska anses som en enda filial,</P>
<P class="p89 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft38">finansiellt institut</SPAN>: ett företag som inte är kreditinstitut, värde- pappersbolag eller motsvarande utländskt företag och vars huvudsakliga verksamhet är att</P>
<P class="p87 ft2">a) förvärva eller inneha aktier eller andelar,</P>
<P class="p87 ft2">b) driva värdepappersrörelse utan att vara tillståndspliktigt enligt 2 kap.</P>
<P class="p14 ft2">1 § lagen (2007:528) om värdepappersmarknaden, eller</P>
<P class="p88 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft17">driva en eller flera av de verksamheter som anges i 7 kap. 1 § andra stycket </SPAN><NOBR>2–10,</NOBR> 12 och 15 utan att vara tillståndspliktigt enligt 2 kap. 1 §,</P>
<P class="p87 ft2">8. <SPAN class="ft3">hemland</SPAN>: det land där ett företag har fått tillstånd till rörelse som avses</P>
<P class="p14 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft17">denna lag,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD colspan=5 style="padding: 0px;margin: 0px;width: 359px;vertical-align: bottom;" class="tr5"><P class="p39 ft2">9. <SPAN class="ft3">kapitalbas</SPAN>: detsamma som i artikel 72 i tillsynsförordningen,</P></TD>
<TD class="tr5 td208"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p39 ft3"><SPAN class="ft2">10. </SPAN><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td47"><P class="p1 ft2">bank</P></TD>
<TD class="tr4 td156"><P class="p107 ft3">och</P></TD>
<TD class="tr4 td78"><P class="p39 ft3"><SPAN class="ft2">10. </SPAN><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td62"><P class="p108 ft31">bank<SPAN class="ft21">,</SPAN></P></TD>
<TD class="tr4 td208"><P class="p204 ft2">kredit-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td163"><P class="p18 ft2">kreditmarknadsföretag,</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td157"><P class="p18 ft3"><SPAN class="ft2">marknadsföretag </SPAN>och sådant företag</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td157"><P class="p18 ft3">som avses i artikel 4.1.1 b i</P></TD>
</TR>
<TR>
<TD class="tr5 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td157"><P class="p18 ft3">tillsynsförordningen när det är ett</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td78"><P class="p18 ft3">svenskt aktiebolag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td208"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p39 ft3"><SPAN class="ft2">11. </SPAN><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=3 class="tr4 td157"><P class="p39 ft3"><SPAN class="ft2">11. </SPAN><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td99"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td156"><P class="p107 ft31">rådets</P></TD>
<TD class="tr5 td78"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td62"><P class="p108 ft2">och</P></TD>
<TD class="tr5 td208"><P class="p204 ft2">rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=3 class="tr4 td157"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
<TD colspan=3 class="tr4 td157"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
<TD colspan=3 class="tr5 td157"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td163"><P class="p18 ft2">tillsyn av kreditinstitut</P></TD>
<TD class="tr4 td156"><P class="p108 ft3">och</P></TD>
<TD colspan=3 class="tr4 td157"><P class="p18 ft2">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=2 class="tr4 td74"><P class="p108 ft2">om ändring</P></TD>
<TD colspan=3 class="tr4 td157"><P class="p18 ft2">av direktiv 2002/87/EG och om upp-</P></TD>
</TR>
<TR>
<TD style="height: 43px;" class="td99"><P class="p18 ft27"><SPAN class="ft48">1 </SPAN>Senaste lydelse 2018:1397.</P></TD>
<TD style="height: 43px;" class="td47"><P class="p18 ft5"> </P></TD>
<TD style="height: 43px;" class="td156"><P class="p18 ft5"> </P></TD>
<TD style="height: 43px;" class="td78"><P class="p18 ft5"> </P></TD>
<TD style="height: 43px;" class="td62"><P class="p18 ft5"> </P></TD>
<TD style="height: 43px;" class="td208"><P class="p16 ft2">509</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_510" style="position:relative; overflow: hidden;margin: 51px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">510</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 class="tr2 td109"><P class="p18 ft2">av direktiv 2002/87/EG och om</P></TD>
<TD class="tr2 td110"><P class="p18 ft2">hävande av <SPAN class="ft3">direktiven </SPAN>2006/48/EG</P></TD>
</TR>
<TR>
<TD class="tr4 td227"><P class="p18 ft2">upphävande</P></TD>
<TD class="tr4 td160"><P class="p18 ft2">av</P></TD>
<TD class="tr4 td102"><P class="p108 ft21">direktiv</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">och 2006/49/EG, i lydelsen enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td227"><P class="p18 ft2">2006/48/EG och</P></TD>
<TD colspan=2 class="tr4 td232"><P class="p108 ft2">2006/49/EG, i</P></TD>
<TD class="tr4 td110"><P class="p18 ft3">Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft3"><SPAN class="ft2">lydelsen enligt </SPAN>Europaparlamentets</P></TD>
<TD class="tr4 td110"><P class="p18 ft3">direktiv (EU) 2019/2034<SPAN class="ft2">,</SPAN></P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p18 ft3">och rådets direktiv 2014/59/EU<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td110"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p123 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft38">kreditmarknadsbolag</SPAN>: ett aktiebolag som har fått tillstånd att driva finansieringsrörelse,</P>
<P class="p122 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft38">kreditmarknadsförening</SPAN>: en ekonomisk förening som har fått tillstånd att driva finansieringsrörelse,</P>
<P class="p122 ft2"><SPAN class="ft2">14.</SPAN><SPAN class="ft38">kreditmarknadsföretag</SPAN>: kreditmarknadsbolag och kreditmark- nadsförening,</P>
<P class="p124 ft2"><SPAN class="ft2">15.</SPAN><SPAN class="ft38">kvalificerat innehav</SPAN>: ett direkt eller indirekt ägande i ett företag, om innehavet beräknat på det sätt som anges i 5 a § representerar tio procent eller mer av kapitalet eller av samtliga röster eller annars möjliggör ett väsentligt inflytande över ledningen av företaget,</P>
<P class="p937 ft2"><SPAN class="ft2">16.</SPAN><SPAN class="ft38">medlemsbank</SPAN>: en ekonomisk förening som avses i lagen (1995:1570) om medlemsbanker,</P>
<P class="p65 ft2"><SPAN class="ft2">17.</SPAN><SPAN class="ft38">sparbank</SPAN>: ett företag som avses i sparbankslagen (1987:619),</P>
<P class="p122 ft2"><SPAN class="ft2">18.</SPAN><SPAN class="ft38">startkapital</SPAN>: det kapital som för kreditinstitut avses i artikel 4.51 i tillsynsförordningen,</P>
<P class="p123 ft2"><SPAN class="ft2">19.</SPAN><SPAN class="ft38">utländskt bankföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva bankrörelse,</P>
<P class="p122 ft2"><SPAN class="ft2">20.</SPAN><SPAN class="ft38">utländskt kreditföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva finansieringsrörelse,</P>
<P class="p122 ft2"><SPAN class="ft2">21.</SPAN><SPAN class="ft38">utländskt kreditinstitut</SPAN>: ett utländskt bankföretag och ett utländskt kreditföretag,</P>
<P class="p123 ft2"><SPAN class="ft2">22.</SPAN><SPAN class="ft38">betydande filial</SPAN>: en filial som är betydande enligt artikel 51.1 i kapitaltäckningsdirektivet,</P>
<P class="p122 ft2"><SPAN class="ft2">23.</SPAN><SPAN class="ft38">blandat finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.21 i tillsynsförordningen,</P>
<P class="p121 ft3"><SPAN class="ft2">24.</SPAN><SPAN class="ft38">blandat finansiellt moderholdingföretag inom EES</SPAN><SPAN class="ft2">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p87 ft2">a) kreditinstitut, värdepappersbolag eller <NOBR>EES-institut,</NOBR> eller</P>
<P class="p123 ft2">b) annat blandat finansiellt holdingföretag eller ett finansiellt holdingföretag som är etablerat i något land inom EES,</P>
<P class="p121 ft2"><SPAN class="ft2">25.</SPAN><NOBR><SPAN class="ft38">EES-institut</SPAN>:</NOBR> ett utländskt kreditinstitut eller ett utländskt värdepappersföretag som är hemmahörande i något annat land inom EES än Sverige,</P>
<P class="p122 ft2"><SPAN class="ft2">26.</SPAN><SPAN class="ft38">finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.20 i tillsynsförordningen,</P>
<P class="p123 ft3"><SPAN class="ft2">27.</SPAN><SPAN class="ft38">finansiellt moderholdingföretag inom EES</SPAN><SPAN class="ft2">: ett inom EES etablerat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p87 ft2">a) kreditinstitut, värdepappersbolag eller <NOBR>EES-institut,</NOBR> eller</P>
<P class="p123 ft2">b) annat finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</P>
<P class="p122 ft3"><SPAN class="ft2">28.</SPAN><SPAN class="ft38">holdingföretag med blandad verksamhet</SPAN><SPAN class="ft2">: holdingföretag enligt artikel 4.1.22 i tillsynsförordningen,</SPAN></P>
<P class="p87 ft3"><SPAN class="ft2">29.</SPAN><SPAN class="ft38">koncern</SPAN><SPAN class="ft2">:</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">i 6 a, 6 b och 15 b kap., detsamma som i 2 kap. 1 § lagen (2015:1016) om resolution,</SPAN></P>
</DIV>
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<P class="p103 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">i övriga kapitel, detsamma som i 1 kap. 11 och 12 §§ aktie- bolagslagen (2005:551), varvid det som sägs om moderbolag tillämpas även på andra juridiska personer än aktiebolag,</SPAN></P>
<P class="p215 ft2">30. <SPAN class="ft3">koncernåterhämtningsplan</SPAN>: en plan som upprättas av ett moderföretag inom EES i syfte att identifiera åtgärder som de företag i en koncern som omfattas av gruppbaserad tillsyn avser att vidta för att bevara eller återställa koncernens eller ett i koncernen ingående kreditinstituts eller utländskt kreditinstituts finansiella ställning och livskraft efter en betydande försämring av den finansiella situationen,</P>
<P class="p239 ft2">31. <SPAN class="ft3">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i den ursprungliga lydelsen,</P>
<P class="p239 ft2">32. <SPAN class="ft3">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moderholdingföretag inom EES eller ett blandat finansiellt moderholdingföretag inom EES,</P>
<P class="p105 ft2">33. <SPAN class="ft3">moderinstitut inom EES</SPAN>: ett kreditinstitut, värdepappersbolag eller <NOBR>EES-institut</NOBR> som är ett moderföretag och som inte självt är ett dotterföretag till ett</P>
<P class="p87 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">annat kreditinstitut, värdepappersbolag eller </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p116 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p103 ft2">34. <SPAN class="ft3">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som ansvarar för att utöva gruppbaserad tillsyn av moderinstitut inom EES och av institut som kontrolleras av finansiella moderholdingföretag inom EES eller blandade finansiella moderholdingföretag inom EES,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr16 td50"><P class="p39 ft3"><SPAN class="ft2">35. </SPAN><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr16 td85"><P class="p39 ft3"><SPAN class="ft2">35. </SPAN><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">Europaparlamentets och rådets</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">förordning (EU) nr 575/2013 av</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">förordning (EU) nr 575/2013 av</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">för kreditinstitut <SPAN class="ft3">och värdepap-</SPAN></P></TD>
<TD class="tr5 td85"><P class="p18 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">persföretag </SPAN>och om ändring av för-</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">förordning (EU) nr 648/2012,</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">ordning (EU) nr 648/2012,</P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p116 ft2"><SPAN class="ft2">36.</SPAN><SPAN class="ft38">utländskt värdepappersföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva värdepappersrörelse, och</P>
<P class="p105 ft2"><SPAN class="ft2">37.</SPAN><SPAN class="ft38">återhämtningsplan</SPAN>: en plan som upprättas av ett kreditinstitut i syfte att identifiera åtgärder som institutet avser att vidta för att bevara eller återställa sin finansiella ställning och livskraft efter en betydande försämring av den finansiella situationen.</P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
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<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">511</P>
</DIV>
</DIV>
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<DIV style="position:absolute;top:162px;left:330px;width:190px;height:210px;"><SPAN class="ft2">Om ett blandat finansiellt holdingföretag finns i toppen av ett finansiellt konglomerat, vars största sektor är bank- och värde- papperssektorn, gäller bestämmel- serna om stora exponeringar i Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut och om ändring av förordning (EU) nr 648/2012</SPAN><SPAN class="ft20">3 </SPAN><SPAN class="ft2">för samtliga företag som tillhör den sektorn och för det blandade finansiella holdingföretaget.</SPAN></DIV>
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
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<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2006:531) om särskild tillsyn över finansiella konglomerat</P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om lagen (2006:531) om särskild tillsyn över finansiella konglomerat att 5 kap. 8 § ska ha följande lydelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 304px;margin-left: 127px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td109"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p454 ft22">5 kap.</P>
<P style="text-align: left;padding-left: 313px;margin-top: 0px;margin-bottom: 0px;" class="ft2">8 §<SPAN class="ft20">1</SPAN></P>
<P style="text-align: justify;padding-left: 127px;padding-right: 272px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Om ett blandat finansiellt holdingföretag finns i toppen av ett finansiellt konglomerat, vars största sektor är bank- och värde- papperssektorn, gäller bestämmel- serna om stora exponeringar i Europaparlamentets och rådets förordning (EU) nr 575/2013 av den 26 juni 2013 om tillsynskrav för kreditinstitut <SPAN class="ft3">och värde- pappersföretag </SPAN>och om ändring av förordning (EU) nr 648/2012<SPAN class="ft20">2 </SPAN>för samtliga företag som tillhör den sektorn och för det blandade finansiella holdingföretaget.</P>
<P style="text-align: left;padding-left: 138px;margin-top: 37px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 344px;margin-top: 306px;font: 7px 'Times New Roman';">
<TR>
<TD class="tr14 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr14 td120"><P class="p29 ft39">1</P></TD>
<TD style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr14"><P class="p79 ft29">Senaste lydelse 2014:984.</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr1 td127"><P class="p16 ft2">512</P></TD>
<TD class="tr8 td120"><P class="p29 ft39">2</P></TD>
<TD style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr8"><P class="p79 ft27">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</P></TD>
</TR>
<TR>
<TD class="tr9 td120"><P class="p29 ft39">3</P></TD>
<TD style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr9"><P class="p79 ft27">EUT L 176, 27.6.2013, s. 1 (Celex 32013R0575).</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_513" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 49px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2010:751) om betaltjänster</P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om lagen (2010:751) om betaltjänster att 1 kap. 4 § ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p389 ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">4 §</SPAN><SPAN class="ft20">1</SPAN></P>
<P class="p65 ft2">I denna lag betyder</P>
<P class="p89 ft2"><SPAN class="ft3">autentisering</SPAN>: ett förfarande där en betaltjänstanvändares personliga behörighetsfunktioner används och genom vilket en betaltjänstleverantör</P>
<P class="p439 ft2">kan kontrollera betaltjänstanvändarens identitet eller ett betalningsinstruments giltighet,</P>
<P class="p391 ft2"><SPAN class="ft3">autogiro</SPAN>: en betaltjänst för debitering av en betalares betalkonto, där initiativet till en betalningstransaktion tas av betalningsmottagaren på grundval av betalarens samtycke till mottagaren, mottagarens betaltjänstleverantör eller betalarens egen betaltjänstleverantör,</P>
<P class="p89 ft2"><SPAN class="ft3">bankdag</SPAN>: en dag på vilken en betaltjänstleverantör har öppet för verksamhet i den utsträckning som krävs för genomförande av en betalningstransaktion,</P>
<P class="p89 ft2"><SPAN class="ft3">betalare</SPAN>: en fysisk eller juridisk person som är antingen betal- kontoinnehavare och som godkänner en betalningsorder från detta betalkonto, eller en fysisk eller juridisk person som lämnar en betal- ningsorder,</P>
<P class="p438 ft2"><SPAN class="ft3">betalkonto</SPAN>: ett konto som innehas i en eller flera betaltjänstanvändares namn och som är avsett för genomförandet av betalningstransaktioner,</P>
<P class="p92 ft2"><SPAN class="ft3">betalkontodirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/92/EU av den 23 juli 2014 om jämförbarhet för avgifter som avser betalkonto, byte av betalkonto och tillgång till betalkonto med grundläggande funktioner, i den ursprungliga lydelsen,</P>
<P class="p438 ft2"><SPAN class="ft3">betalningsinstitut</SPAN>: ett aktiebolag eller en ekonomisk förening som har fått tillstånd att tillhandahålla betaltjänster enligt 2 kap.,</P>
<P class="p92 ft2"><SPAN class="ft3">betalningsinitieringstjänst</SPAN>: en tjänst för att på begäran av betal- tjänstanvändaren initiera en betalningsorder från ett betalkonto hos en annan betaltjänstleverantör,</P>
<P class="p89 ft2"><SPAN class="ft3">betalningsinstrument</SPAN>: ett kontokort eller något annat personligt instrument eller en personlig rutin som enligt avtal används för att initiera en betalningsorder,</P>
<P class="p89 ft2"><SPAN class="ft3">betalningsmottagare</SPAN>: en fysisk eller juridisk person som är den avsedda mottagaren av medel vid en betalningstransaktion,</P>
<P class="p89 ft2"><SPAN class="ft3">betalningsorder</SPAN>: varje instruktion som en betalare eller betalnings- mottagare ger sin betaltjänstleverantör om att en betalningstransaktion ska genomföras,</P>
<P class="p89 ft2"><SPAN class="ft3">betalningssystem</SPAN>: ett generellt betalsystem enligt 1 kap. 3 § andra stycket lagen (2004:297) om bank- och finansieringsrörelse,</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 40px;font: 7px 'Times New Roman';">
<TR>
<TD class="tr2 td157"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2018:175.</P></TD>
<TD class="tr2 td50"><P class="p16 ft2">513</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_514" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">514</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p124 ft2"><SPAN class="ft3">betalningstransaktion</SPAN>: insättning, uttag eller överföring av medel som initieras av betalaren eller betalningsmottagaren, oberoende av eventuella underliggande förpliktelser mellan betalaren och betalningsmottagaren,</P>
<P class="p121 ft2"><SPAN class="ft3">betaltjänstanvändare</SPAN>: en fysisk eller juridisk person som utnyttjar en betaltjänst,</P>
<P class="p124 ft2"><SPAN class="ft3">betaltjänstdirektivet</SPAN>: Europaparlamentets och rådets direktiv (EU) 2015/2366 av den 25 november 2015 om betaltjänster på den inre marknaden, om ändring av direktiven 2002/65/EG, 2009/110/EG och 2013/36/EU samt förordning (EU) nr 1093/2010 och om upphävande av direktiv 2007/64/EG, i den ursprungliga lydelsen,</P>
<P class="p132 ft2"><SPAN class="ft3">debitera</SPAN>: att medel dras från ett konto,</P>
<P class="p65 ft2"><SPAN class="ft3">elektroniskt kommunikationsnät</SPAN>: detsamma som i 1 kap. 7 § lagen</P>
<P class="p102 ft2">(2003:389) om elektronisk kommunikation,</P>
<P class="p65 ft2"><SPAN class="ft3">elektronisk kommunikationstjänst</SPAN>: detsamma som i 1 kap. 7 § lagen om</P>
<P class="p14 ft2">elektronisk kommunikation,</P>
<P class="p121 ft2"><SPAN class="ft3">filial</SPAN>: ett avdelningskontor med självständig förvaltning, varvid även ett utländskt betalningsinstituts etablering av flera driftställen ska anses som en enda filial,</P>
<P class="p121 ft2"><SPAN class="ft3">grupp</SPAN>: en grupp av företag som är knutna till varandra genom ett sådant förhållande som avses i 1 kap. 4, 5 eller 5 a § årsredovis- ningslagen (1995:1554) eller en grupp av företag som avses i artiklarna 4– 7 i kommissionens delegerade förordning (EU) nr 241/2014 av den 7 januari 2014 om komplettering av Europaparlamentets och rådets förordning (EU) nr 575/2013 med avseende på tekniska tillsynsstandarder för kapitalbaskrav på institut och som är knutna till varandra genom ett sådant förhållande som avses i artikel 10.1 eller artikel 113.6 eller 113.7 i tillsynsförordningen,</P>
<P class="p696 ft2"><SPAN class="ft3">hemland</SPAN>: det land där ett företag har fått tillstånd att driva sådan verksamhet som avses i denna lag,</P>
<P class="p682 ft31"><SPAN class="ft21">inlösen av transaktionsbelopp</SPAN>: en betaltjänst där en betaltjänstleverantör accepterar och behandlar betalningsmottagarens betalningstransaktioner för att sedan överföra medel till betalningsmottagaren,</P>
<P class="p121 ft2"><SPAN class="ft3">kapitalbas</SPAN>: detsamma som i 1 kap. 5 § 9 lagen om bank- och finan- sieringsrörelse,</P>
<P class="p121 ft2"><SPAN class="ft3">kontobaserad betalning</SPAN>: en betaltjänst för kreditering av en betal- ningsmottagares betalkonto med en betalningstransaktion från en betalares betalkonto, som utförs av en betaltjänstleverantör som har tillgång till betalarens betalkonto, på grundval av en instruktion som lämnats av betalaren,</P>
<P class="p832 ft3">kontoförvaltande betaltjänstleverantör<SPAN class="ft2">: en betaltjänstleverantör som tillhandahåller och förvaltar ett betalkonto,</SPAN></P>
<P class="p124 ft2"><SPAN class="ft3">kontoinformationstjänst</SPAN>: en onlinetjänst för att tillhandahålla sam- manställd information om ett eller flera betalkonton som betal- tjänstanvändaren har hos en eller flera andra betaltjänstleverantörer,</P>
<P class="p121 ft2"><SPAN class="ft3">konsument</SPAN>: en fysisk person som handlar huvudsakligen för ändamål som faller utanför näringsverksamhet,</P>
<P class="p87 ft2"><SPAN class="ft3">kreditera</SPAN>: att medel tillförs ett konto,</P>
<P class="p124 ft2"><SPAN class="ft3">kreditinstitut</SPAN>: detsamma som i 1 kap. 5 § 10 lagen om bank- och finansieringsrörelse,</P>
<P class="p121 ft2"><SPAN class="ft3">kvalificerat innehav</SPAN>: detsamma som i 1 kap. 5 § 15 lagen om bank- och finansieringsrörelse,</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_515" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 394px;overflow: hidden;">
<P class="p599 ft2"><SPAN class="ft3">känslig betalningsuppgift</SPAN>: en personlig behörighetsfunktion eller annan uppgift som kan användas för svikliga förfaranden, dock inte kontoinnehavarens namn och kontonummer i sådan verksamhet som drivs av en leverantör av betalningsinitieringstjänster eller en leverantör av kontoinformationstjänster,</P>
<P class="p192 ft2"><SPAN class="ft3">lagligen bosatt inom EES</SPAN>: en fysisk person som har rätt att bosätta sig inom EES i enlighet med unionsrätten eller nationell rätt, inbegripet personer utan fast adress och personer som söker asyl inom ramen för Genèvekonventionen av den 28 juli 1951 angående flyktingars rättsliga ställning, protokollet till denna av den 31 januari 1967 och andra relevanta internationella fördrag,</P>
<P class="p602 ft2"><SPAN class="ft3">medel</SPAN>: sedlar och mynt, kontotillgodohavanden samt elektroniska pengar enligt lagen (2011:755) om elektroniska pengar,</P>
<P class="p601 ft2"><SPAN class="ft3">obehörig transaktion</SPAN>: en transaktion som genomförs utan samtycke från kontohavaren eller någon annan som enligt kontoavtalet är behörig att använda kontot,</P>
<P class="p192 ft2"><SPAN class="ft3">penningöverföring</SPAN>: en betaltjänst där medel tas emot från en betalare, utan att något betalkonto öppnas i betalarens eller betalningsmottagarens namn, uteslutande i syfte att överföra motsvarande belopp till en mottagare eller en annan betaltjänstleverantör som agerar på mottagarens vägnar, eller där dessa medel tas emot på mottagarens vägnar och ställs till mottagarens förfogande,</P>
<P class="p602 ft2"><SPAN class="ft3">personlig behörighetsfunktion</SPAN>: en personligt anpassad funktion som betaltjänstleverantören tillhandahåller betaltjänstanvändaren för auten- tiseringsändamål,</P>
<P class="p601 ft2"><SPAN class="ft3">ramavtal</SPAN>: ett avtal om betaltjänster som reglerar genomförandet av kommande enskilda och successiva betalningstransaktioner och som kan innehålla skyldigheter och villkor för att öppna ett betalkonto,</P>
<P class="p601 ft2"><SPAN class="ft3">referensväxelkurs</SPAN>: den växelkurs som ligger till grund för beräkningen av eventuell valutaväxling och görs tillgänglig av betaltjänstleverantören eller härrör från en offentligt tillgänglig källa,</P>
<P class="p601 ft2"><SPAN class="ft3">referensräntesats</SPAN>: den räntesats som ligger till grund för beräkningen av eventuell tillämplig ränta och som härrör från en offentligt tillgänglig källa som kan kontrolleras av båda parterna i ett avtal om betaltjänster,</P>
<P class="p192 ft3">registrerad betaltjänstleverantör<SPAN class="ft2">: en betaltjänstleverantör som undantagits från krav på tillstånd enligt 2 kap. 3 §,</SPAN></P>
<P class="p601 ft2"><SPAN class="ft3">stark kundautentisering</SPAN>: en autentisering som grundas på användning av två eller flera komponenter, kategoriserade som kunskap (något som bara användaren vet), innehav (något som bara användaren har) och unik egenskap (något som användaren är), som är fristående från varandra så att det förhållandet att någon har kommit över en av komponenterna inte äventyrar de andra komponenternas tillförlitlighet, och som är utformad för att skydda autentiseringsuppgifterna mot obehörig åtkomst,</P>
<P class="p602 ft2"><SPAN class="ft3">startkapital</SPAN>: detsamma som i 1 kap. 5 § 18 lagen om bank- och finansieringsrörelse,</P>
<P class="p601 ft2"><SPAN class="ft3">säker kommunikation</SPAN>: sådan kommunikation som uppfyller kraven i de tekniska standarder som antagits av Europeiska kommissionen i enlighet</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">med artikel 98 i betaltjänstdirektivet,</P></TD>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td254"><P class="p39 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td230"><P class="p108 ft2">Europa-</P></TD>
<TD class="tr4 td60"><P class="p39 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td27"><P class="p16 ft2">Europa-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p107 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=2 class="tr5 td85"><P class="p16 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD class="tr4 td254"><P class="p18 ft2">(EU) nr 575/2013 av den</P></TD>
<TD class="tr4 td230"><P class="p108 ft2">26 juni</P></TD>
<TD class="tr4 td60"><P class="p18 ft2">(EU) nr 575/2013 av</P></TD>
<TD class="tr4 td27"><P class="p16 ft2">den 26 juni</P></TD>
</TR>
</TABLE>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 12px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">515</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_516" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:260px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173516x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">516</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: left;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft2">2013 om tillsynskrav för 2013 om tillsynskrav för kreditinstitut <SPAN class="ft3">och värdepappers- </SPAN>kreditinstitut och om ändring av <SPAN class="ft3">företag </SPAN>och om ändring av för- förordning (EU) nr 648/2012, ordning (EU) nr 648/2012,</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 16px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft3">unik identifikationskod</SPAN>: en kombination av bokstäver, siffror eller symboler som tillhandahållits av en betaltjänstleverantör, och som en betaltjänstanvändare ska uppge för att otvetydigt identifiera en annan betaltjänstanvändare eller dennes betalkonto,</P>
<P class="p832 ft3">utgivning av betalningsinstrument<SPAN class="ft2">: en betaltjänst hos en betal- tjänstleverantör om att tillhandahålla betalaren ett betalningsinstrument för att initiera och behandla betalarens betalningstransaktioner,</SPAN></P>
<P class="p124 ft2"><SPAN class="ft3">utländskt kreditinstitut</SPAN>: detsamma som i 1 kap. 5 § 21 lagen om bank- och finansieringsrörelse,</P>
<P class="p121 ft2"><SPAN class="ft3">valuteringsdag</SPAN>: den referenstidpunkt som används av en betal- tjänstleverantör för att beräkna räntan på de medel som debiterats eller krediterats ett betalkonto.</P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_517" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="position:absolute;top:604px;left:0px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173517x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 49px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2011:755) om elektroniska pengar</P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om lagen (2011:755) om elektroniska pengar att 3 kap. 2 § ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p389 ft22"><SPAN class="ft22">3</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">2 §</SPAN><SPAN class="ft20">1</SPAN></P>
<P class="p202 ft2">Ett institut för elektroniska pengar ska vid varje tidpunkt ha en kapitalbas som lägst motsvarar startkapitalet enligt 1 § eller ett kapitalkrav beräknat enligt 3 §. Institutets kapitalbas får inte underskrida det högsta av</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr5 td232"><P class="p18 ft2">dessa belopp.</P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p108 ft2">Vid beräkningen av kapitalbasen</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">Vid beräkningen av kapitalbasen</P></TD>
</TR>
<TR>
<TD class="tr5 td27"><P class="p18 ft2">och dess</P></TD>
<TD colspan=3 class="tr5 td100"><P class="p73 ft2">sammansättning</P></TD>
<TD class="tr5 td135"><P class="p108 ft2">ska</P></TD>
<TD class="tr5 td80"><P class="p18 ft2">och dess</P></TD>
<TD colspan=2 class="tr5 td145"><P class="p32 ft2">sammansättning</P></TD>
<TD class="tr5 td128"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td232"><P class="p18 ft31">Europaparlamentets</P></TD>
<TD class="tr4 td233"><P class="p206 ft2">och</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p108 ft2">rådets</P></TD>
<TD colspan=2 class="tr4 td187"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td75"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td128"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td75"><P class="p37 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td72"><P class="p18 ft2">nr 575/2013</P></TD>
<TD class="tr4 td135"><P class="p107 ft2">av</P></TD>
<TD class="tr4 td80"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr4 td99"><P class="p16 ft2">(EU) nr 575/2013 av</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft2">den 26 juni 2013 om tillsynskrav för</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">för kreditinstitut <SPAN class="ft3">och värdepap-</SPAN></P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">persföretag </SPAN>och om ändring av</P></TD>
<TD class="tr4 td80"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td102"><P class="p48 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p16 ft2">nr 648/2012</P></TD>
</TR>
<TR>
<TD class="tr5 td27"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr5 td100"><P class="p18 ft2">(EU) nr 648/2012</P></TD>
<TD class="tr5 td135"><P class="p108 ft2">till-</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft2">tillämpas. Därutöver gäller följande</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td232"><P class="p18 ft2">lämpas. Därutöver</P></TD>
<TD class="tr4 td233"><P class="p32 ft2">gäller</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p107 ft2">följande</P></TD>
<TD colspan=2 class="tr4 td187"><P class="p18 ft2">vid beräkningen:</P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td232"><P class="p18 ft2">vid beräkningen:</P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p89 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">Ett institut för elektroniska pengar som tillhör samma grupp som ett annat institut för elektroniska pengar, eller ett betalningsinstitut, ett kreditinstitut, ett värdepappersföretag, ett fondbolag, en </SPAN><NOBR>AIF-förvaltare</NOBR> som förvaltar specialfonder, ett försäkringsföretag eller ett tjänstepensionsföretag får vid beräkning av kapitalbasen inte ta med sådana poster som ingår i beräkningen av något av dessa företags kapitalbas.</P>
<P class="p438 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">Ett institut för elektroniska pengar som bedriver annan verksamhet i enlighet med 5 § får vid beräkningen av kapitalbasen inte ta med sådana poster som ingår i beräkningen av kapitalbasen i den andra verksamheten.</SPAN></P>
<P class="p89 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">För ett institut för elektroniska pengar som har bytt redovis- ningsvaluta får kapitalbasen inte understiga det högsta av de belopp som följer av 6 och 7 §§ lagen (2000:35) om byte av redovisningsvaluta i finansiella företag.</SPAN></P>
<P style="text-align: left;padding-left: 11px;margin-top: 33px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 class="t61">
<TR>
<TD class="tr2 td157"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2019:768.</P></TD>
<TD class="tr2 td50"><P class="p16 ft2">517</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_518" style="position:relative; overflow: hidden;margin: 52px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2013:561) om förvaltare av alternativa investeringsfonder</P>
<P style="text-align: justify;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs i fråga om lagen (2013:561) om förvaltare av alternativa investeringsfonder att 1 kap. 10 §, 7 kap. 4 och 6 §§ och 9 kap. 4 § ska ha följande lydelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 17px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P class="p540 ft3">Nuvarande lydelse<SPAN style="padding-left:104px;">Föreslagen lydelse</SPAN></P>
<P class="p454 ft22">1 kap.</P>
<P style="text-align: left;padding-left: 309px;margin-top: 0px;margin-bottom: 0px;" class="ft2">10 §<SPAN class="ft20">1</SPAN></P>
<P class="p474 ft3"><SPAN class="ft2">Med ett </SPAN>förvaringsinstituts behöriga myndigheter <SPAN class="ft2">avses följande. Om</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD colspan=4 class="tr4 td381"><P class="p18 ft2">förvaringsinstitutet</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td149"><P class="p39 ft2">1. är</P></TD>
<TD class="tr4 td56"><P class="p1 ft2">ett</P></TD>
<TD colspan=3 class="tr4 td73"><P class="p80 ft2">kreditinstitut</P></TD>
<TD class="tr4 td37"><P class="p108 ft2">med</P></TD>
<TD class="tr4 td233"><P class="p48 ft2">1. är</P></TD>
<TD class="tr4 td140"><P class="p81 ft2">ett</P></TD>
<TD colspan=3 class="tr4 td206"><P class="p32 ft2">kreditinstitut</P></TD>
<TD class="tr4 td56"><P class="p16 ft2">med</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">tillstånd som avses enligt Europa-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">tillstånd som avses enligt Europa-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td129"><P class="p18 ft2">parlamentets</P></TD>
<TD class="tr5 td11"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td62"><P class="p81 ft2">rådets</P></TD>
<TD colspan=2 class="tr5 td35"><P class="p108 ft2">direktiv</P></TD>
<TD colspan=2 class="tr5 td129"><P class="p18 ft2">parlamentets</P></TD>
<TD class="tr5 td11"><P class="p18 ft2">och</P></TD>
<TD colspan=3 class="tr5 td117"><P class="p16 ft2">rådets direktiv</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">2013/36/EU av den 26 juni 2013</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">2013/36/EU av den 26 juni 2013</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">om behörighet att utöva verksamhet</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft31">om behörighet att utöva verksamhet</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p18 ft2">i kreditinstitut och om tillsyn av</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">i kreditinstitut och om tillsyn av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td129"><P class="p18 ft2">kreditinstitut</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p37 ft3">och</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p108 ft3">värde-</P></TD>
<TD colspan=2 class="tr4 td129"><P class="p18 ft2">kreditinstitut,</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p39 ft2">om</P></TD>
<TD class="tr4 td233"><P class="p78 ft2">ändring</P></TD>
<TD class="tr4 td56"><P class="p16 ft2">av</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">pappersföretag</SPAN>, om ändring av</P></TD>
<TD colspan=4 class="tr4 td66"><P class="p18 ft2">direktiv 2002/87/EG</P></TD>
<TD class="tr4 td233"><P class="p177 ft31">och</P></TD>
<TD class="tr4 td56"><P class="p16 ft2">om</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td381"><P class="p18 ft2">direktiv 2002/87/EG och</P></TD>
<TD class="tr5 td113"><P class="p18 ft2">om</P></TD>
<TD class="tr5 td37"><P class="p108 ft29">upp-</P></TD>
<TD colspan=2 class="tr5 td129"><P class="p18 ft2">upphävande</P></TD>
<TD colspan=2 class="tr5 td233"><P class="p45 ft2">av</P></TD>
<TD colspan=2 class="tr5 td71"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">hävande av <SPAN class="ft3">direktiv </SPAN>2006/48/EG och</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">2006/48/EG och 2006/49/EG<SPAN class="ft3">, i</SPAN></P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td204"><P class="p18 ft2">2006/49/EG: den</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p80 ft2">myndighet</P></TD>
<TD class="tr4 td37"><P class="p108 ft2">som</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft21">lydelsen enligt Europaparlamentets</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p18 ft2">anges i 1 kap. 6 § lagen (2014:968)</P></TD>
<TD class="tr5 td233"><P class="p18 ft3">och</P></TD>
<TD class="tr5 td140"><P class="p18 ft3">rådets</P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td55"><P class="p1 ft3">direktiv</P></TD>
<TD class="tr5 td56"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">om särskild tillsyn över kreditinstitut</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2"><SPAN class="ft3">2019/2034</SPAN>: den myndighet som</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td381"><P class="p18 ft2">och värdepappersbolag</P></TD>
<TD class="tr4 td113"><P class="p79 ft2">eller</P></TD>
<TD class="tr4 td37"><P class="p108 ft2">en</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">anges i 1 kap. 6 § lagen (2014:968)</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p18 ft2">annan myndighet i ett annat land</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">om särskild tillsyn över kredit-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">inom EES som utövar tillsyn över</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft31">institut och värdepappersbolag eller</P></TD>
</TR>
<TR>
<TD class="tr4 td149"><P class="p18 ft2">institut,</P></TD>
<TD colspan=2 class="tr4 td160"><P class="p18 ft2">institut</P></TD>
<TD colspan=3 class="tr4 td57"><P class="p108 ft2">för elektroniska</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft31">en annan myndighet i ett annat land</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p18 ft2">pengar eller motsvarande utländska</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">inom EES som utövar tillsyn över</P></TD>
</TR>
<TR>
<TD class="tr4 td149"><P class="p18 ft2">företag,</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft2">institut,</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p73 ft2">institut</P></TD>
<TD class="tr4 td16"><P class="p18 ft2">för</P></TD>
<TD colspan=2 class="tr4 td71"><P class="p16 ft2">elektroniska</P></TD>
</TR>
<TR>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">pengar eller motsvarande utländska</P></TD>
</TR>
<TR>
<TD class="tr5 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td233"><P class="p18 ft2">företag,</P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p490 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">är ett värdepappersföretag med tillstånd som avses enligt Europaparlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument och om ändring av direktiv 2002/92/EG och av direktiv 2011/61/EU, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2016/1034: de myndigheter som anges i 1 kap. 4 b § lagen (2007:528) om värdepappersmarknaden,</SPAN></P>
<P class="p498 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">är ett sådant institut som avses i 9 kap. 4 § första stycket 3: de myndigheter i institutets hemland som enligt nationell lag eller annan författning har behörighet att utöva tillsyn över sådana institut,</SPAN></P>
<P class="p477 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">är någon som avses i 9 kap. 7 §: de myndigheter i det land inom EES där denne är etablerad och vilka, enligt nationell lag eller annan författning, har behörighet att utöva tillsyn över denne, alternativt det officiella organ som har behörighet att registrera eller utöva tillsyn över denne i enlighet med yrkesetiska regler, eller</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 style="width: 244px;margin-top: 26px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p278 ft2">518</P></TD>
<TD class="tr2 td134"><P class="p279 ft27"><SPAN class="ft48">1 </SPAN>Senaste lydelse 2017:701.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_519" style="position:relative; overflow: hidden;margin: 50px 0px 76px 68px;padding: 0px;border: none;width: 506px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD colspan=5 class="tr2 td263"><P class="p39 ft2">5. är utsett som förvaringsinstitut för en icke</P></TD>
<TD colspan=5 class="tr2 td96"><P style="text-align: right;padding-right: 12px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2"><NOBR>EES-baserad</NOBR> alternativ</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td333"><P class="p18 ft2">investeringsfond enligt 9 kap. 5 § och inte omfattas av <NOBR>1–4:</NOBR> de</P></TD>
<TD colspan=2 class="tr5 td230"><P class="p23 ft2">berörda</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 7</P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td81"><P class="p18 ft2">nationella myndigheterna i det land där förvaringsinstitutet har sitt</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td105"><P class="p18 ft2">stadgeenliga säte.</P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr15 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td35"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr15 td232"><P style="text-align: center;padding-right: 44px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft22">7 kap.</P></TD>
<TD class="tr15 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td232"><P style="text-align: right;padding-right: 65px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">4 §</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p107 ft2">En <NOBR>AIF-förvaltares</NOBR> kapitalbas får,</P></TD>
<TD colspan=6 class="tr4 td228"><P class="p23 ft2">En <NOBR>AIF-förvaltares</NOBR> kapitalbas får,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">trots det som anges i 2 och 3 §§, inte</P></TD>
<TD colspan=6 class="tr5 td228"><P class="p23 ft31">trots det som anges i 2 och 3 §§, inte</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft2">understiga</P></TD>
<TD class="tr4 td190"><P class="p18 ft3">ett</P></TD>
<TD class="tr4 td35"><P class="p43 ft2">belopp</P></TD>
<TD class="tr4 td37"><P class="p107 ft2">som</P></TD>
<TD class="tr4 td80"><P class="p18 ft2">understiga</P></TD>
<TD colspan=2 class="tr4 td89"><P class="p81 ft3">det</P></TD>
<TD colspan=2 class="tr4 td53"><P class="p18 ft2">belopp</P></TD>
<TD class="tr4 td125"><P class="p23 ft2">som</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">motsvarar 25 procent av dess fasta</P></TD>
<TD class="tr4 td80"><P class="p18 ft3">föreskrivs</P></TD>
<TD class="tr4 td131"><P class="p48 ft3">i</P></TD>
<TD colspan=3 class="tr4 td65"><P class="p1829 ft21">artikel 13</P></TD>
<TD class="tr4 td125"><P class="p23 ft3">i</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td148"><P class="p18 ft3">omkostnader</P></TD>
<TD class="tr5 td190"><P class="p79 ft3">för</P></TD>
<TD colspan=2 class="tr5 td227"><P class="p107 ft3">det föregående</P></TD>
<TD colspan=3 class="tr5 td120"><P class="p18 ft21">Europaparlamentets</P></TD>
<TD class="tr5 td140"><P class="p593 ft21">och</P></TD>
<TD colspan=2 class="tr5 td230"><P class="p23 ft3">rådets</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">året eller, om <NOBR>AIF-förvaltarens</NOBR></P></TD>
<TD colspan=6 class="tr4 td228"><P class="p23 ft21">förordning (EU) 2019/2033 av den</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">verksamhet har pågått kortare tid</P></TD>
<TD colspan=6 class="tr4 td228"><P class="p23 ft3">27 november 2019 om tillsynskrav</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft3">än ett år, 25 procent av de fasta</P></TD>
<TD colspan=4 class="tr5 td154"><P class="p18 ft3">för värdepappersföretag</P></TD>
<TD colspan=2 class="tr5 td230"><P class="p23 ft3">och om</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">omkostnader som angetts i AIF-</P></TD>
<TD class="tr4 td80"><P class="p18 ft3">ändring av</P></TD>
<TD colspan=4 class="tr4 td130"><P class="p32 ft3">förordningarna</P></TD>
<TD class="tr4 td125"><P class="p23 ft3">(EU)</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td180"><P class="p18 ft3">förvaltarens verksamhetsplan.</P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td22"><P class="p18 ft3">nr 1093/2010,</P></TD>
<TD class="tr4 td56"><P class="p18 ft3">(EU)</P></TD>
<TD colspan=3 class="tr4 td194"><P class="p23 ft3">nr 575/2013,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td80"><P class="p18 ft3">(EU) nr</P></TD>
<TD colspan=4 class="tr5 td130"><P class="p18 ft3">600/2014 och</P></TD>
<TD class="tr5 td125"><P class="p23 ft3">(EU)</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td22"><P class="p18 ft3">nr 806/2014.</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-right: 311px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft21">Om omfattningen av AIF- förvaltarens verksamhet har ändrats väsentligt sedan det föregående året eller om Finansinspektionen finner att verksamhetsplanen be- höver korrigeras, får inspektionen besluta om ändring av kapitalkravet enligt första stycket.</P>
<P style="text-align: left;padding-right: 113px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Ett belopp motsvarande kapitalbasen ska investeras i likvida tillgångar och får inte innehålla spekulativa positioner.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 16px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td49"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td16"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td65"><P style="text-align: right;padding-right: 41px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">6 §<SPAN class="ft20">2</SPAN></P></TD>
<TD class="tr2 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td234"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td49"><P class="p39 ft2">Bestämmelser</P></TD>
<TD class="tr4 td69"><P class="p18 ft2">om</P></TD>
<TD colspan=2 class="tr4 td98"><P class="p73 ft2">tillsyn</P></TD>
<TD class="tr4 td140"><P class="p108 ft2">på</P></TD>
<TD colspan=3 class="tr4 td49"><P class="p39 ft2">Bestämmelser</P></TD>
<TD class="tr4 td11"><P class="p207 ft2">om</P></TD>
<TD colspan=3 class="tr4 td149"><P class="p35 ft2">tillsyn</P></TD>
<TD class="tr4 td234"><P class="p204 ft2">på</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">gruppnivå finns i artiklarna <NOBR>11–24</NOBR> i</P></TD>
<TD colspan=8 class="tr4 td157"><P class="p18 ft2">gruppnivå finns i artiklarna <NOBR>11–24</NOBR> i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td99"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td123"><P class="p18 ft2">och</P></TD>
<TD colspan=2 class="tr5 td132"><P class="p107 ft2">rådets</P></TD>
<TD colspan=4 class="tr5 td66"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td123"><P class="p79 ft2">och</P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td139"><P class="p204 ft31">rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td49"><P class="p18 ft2">förordning (EU)</P></TD>
<TD colspan=4 class="tr4 td57"><P class="p107 ft2">nr 575/2013, i</P></TD>
<TD colspan=3 class="tr4 td49"><P class="p18 ft2">förordning (EU)</P></TD>
<TD colspan=5 class="tr4 td228"><P class="p204 ft2">nr 575/2013, i</P></TD>
</TR>
<TR>
<TD class="tr4 td49"><P class="p18 ft2">lagen (2006:531)</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p48 ft2">om</P></TD>
<TD colspan=2 class="tr4 td132"><P class="p107 ft2">särskild</P></TD>
<TD colspan=3 class="tr4 td49"><P class="p18 ft2">lagen (2006:531)</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p307 ft2">om</P></TD>
<TD colspan=3 class="tr4 td201"><P class="p204 ft2">särskild</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">tillsyn över finansiella konglomerat</P></TD>
<TD colspan=8 class="tr5 td157"><P class="p18 ft2">tillsyn över finansiella konglomerat</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">samt i lagen (2014:968) om särskild</P></TD>
<TD colspan=8 class="tr4 td157"><P class="p18 ft2">samt i lagen (2014:968) om särskild</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td70"><P class="p18 ft2">tillsyn över kreditinstitut</P></TD>
<TD class="tr4 td140"><P class="p107 ft31">och</P></TD>
<TD class="tr4 td155"><P class="p18 ft2">tillsyn</P></TD>
<TD class="tr4 td126"><P class="p80 ft2">över</P></TD>
<TD colspan=4 class="tr4 td144"><P style="text-align: center;padding-left: 11px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">kreditinstitut</P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td234"><P class="p204 ft31">och</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td99"><P class="p18 ft2">värdepappersbolag.</P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td157"><P class="p18 ft2">värdepappersbolag <SPAN class="ft3">samt i artikel 7 i</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td66"><P class="p18 ft3">Europaparlamentets</P></TD>
<TD class="tr4 td123"><P class="p79 ft3">och</P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td139"><P class="p204 ft21">rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td157"><P class="p18 ft3">förordning (EU) 2019/2033 av den</P></TD>
</TR>
<TR>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td157"><P class="p18 ft3">27 november 2019 om tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td154"><P class="p18 ft3">för värdepappersföretag</P></TD>
<TD colspan=2 class="tr4 td123"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td234"><P class="p204 ft3">om</P></TD>
</TR>
<TR>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft3">ändring</P></TD>
<TD class="tr4 td126"><P class="p73 ft3">av</P></TD>
<TD colspan=4 class="tr4 td144"><P class="p18 ft21">förordningarna</P></TD>
<TD colspan=2 class="tr4 td139"><P class="p204 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr5 td49"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td235"><P class="p18 ft21">nr 1093/2010,</P></TD>
<TD colspan=2 class="tr5 td156"><P class="p291 ft3">(EU)</P></TD>
<TD colspan=4 class="tr5 td1"><P class="p204 ft21">nr 575/2013,</P></TD>
</TR>
<TR>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft3">(EU)</P></TD>
<TD colspan=3 class="tr4 td148"><P class="p291 ft21">nr 600/2014</P></TD>
<TD colspan=2 class="tr4 td37"><P class="p43 ft3">och</P></TD>
<TD colspan=2 class="tr4 td139"><P class="p204 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td49"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td235"><P class="p18 ft3">nr 806/2014<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td234"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr27 td99"><P class="p18 ft27"><SPAN class="ft48">2 </SPAN>Senaste lydelse 2017:1147.</P></TD>
<TD class="tr27 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr27 td234"><P class="p16 ft2">519</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_520" style="position:relative; overflow: hidden;margin: 52px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:490px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173520x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 575px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: left;padding-left: 186px;padding-right: 247px;margin-top: 0px;margin-bottom: 0px;text-indent: -7px;" class="ft22"><SPAN class="ft35">9</SPAN><SPAN class="ft36">kap. </SPAN><SPAN class="ft2">4 §</SPAN><SPAN class="ft20">3</SPAN></P>
<P class="p123 ft2">Ett förvaringsinstitut för en <NOBR>EES-baserad</NOBR> alternativ investeringsfond ska vara</P>
<P class="p87 ft2">1. ett kreditinstitut som</P>
<P class="p65 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">har stadgeenligt säte inom EES, och</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">har tillstånd som avses i Europaparlamentets och rådets direktiv 2013/36/EU,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=7 style="padding: 0px;margin: 0px;width: 185px;vertical-align: bottom;" class="tr4"><P class="p39 ft2">2. ett värdepappersföretag som</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p39 ft2">a) har stadgeenligt säte inom EES,</P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td227"><P class="p39 ft2">b) omfattas av</P></TD>
<TD colspan=3 class="tr5 td175"><P class="p37 ft2">kapitalkraven</P></TD>
<TD class="tr5 td131"><P class="p108 ft2">i</P></TD>
<TD colspan=3 class="tr5 td148"><P class="p48 ft2">b) omfattas</P></TD>
<TD class="tr5 td69"><P class="p43 ft2">av</P></TD>
<TD colspan=4 class="tr5 td206"><P class="p80 ft2">kapitalkraven</P></TD>
<TD class="tr5 td273"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">enlighet med artikel <SPAN class="ft3">92 i förordning</SPAN></P></TD>
<TD colspan=9 class="tr4 td110"><P class="p18 ft2">enlighet med artikel <SPAN class="ft3">11 i förordning</SPAN></P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td112"><P class="p18 ft21">(EU) nr 575/2013<SPAN class="ft31">, och</SPAN></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td154"><P class="p18 ft3">(EU) 2019/2033<SPAN class="ft2">, och</SPAN></P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td233"><P class="p39 ft2">c) har</P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft2">tillstånd</P></TD>
<TD colspan=2 class="tr5 td155"><P class="p81 ft2">som</P></TD>
<TD class="tr5 td171"><P class="p18 ft2">avses</P></TD>
<TD class="tr5 td131"><P class="p108 ft2">i</P></TD>
<TD colspan=2 class="tr5 td160"><P class="p412 ft2">c) har</P></TD>
<TD colspan=2 class="tr5 td18"><P class="p77 ft2">tillstånd</P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p79 ft2">som</P></TD>
<TD colspan=2 class="tr5 td171"><P class="p18 ft2">avses</P></TD>
<TD class="tr5 td273"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td112"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td16"><P class="p18 ft2">och</P></TD>
<TD colspan=2 class="tr4 td24"><P class="p108 ft2">rådets</P></TD>
<TD colspan=5 class="tr4 td100"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td37"><P class="p681 ft31">och</P></TD>
<TD colspan=3 class="tr4 td89"><P class="p16 ft2">rådets</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">direktiv 2014/65/EU, inbegripet för</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p18 ft2">direktiv 2014/65/EU, inbegripet för</P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft2">att</P></TD>
<TD colspan=4 class="tr5 td173"><P class="p18 ft2">tillhandahålla</P></TD>
<TD colspan=3 class="tr5 td74"><P class="p108 ft2">sidotjänster</P></TD>
<TD class="tr5 td47"><P class="p18 ft2">att</P></TD>
<TD colspan=4 class="tr5 td176"><P class="p29 ft2">tillhandahålla</P></TD>
<TD colspan=4 class="tr5 td38"><P class="p16 ft2">sidotjänster</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">avseende förvaring och hand-</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p18 ft2">avseende förvaring och hand-</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">havande av finansiella instrument för</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p18 ft31">havande av finansiella instrument för</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td109"><P class="p18 ft2">kunders räkning som avses i</P></TD>
<TD colspan=9 class="tr5 td110"><P class="p18 ft2">kunders räkning som avses i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td233"><P class="p18 ft2">punkt 1</P></TD>
<TD class="tr4 td87"><P class="p32 ft2">i</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p32 ft2">avsnitt B i</P></TD>
<TD colspan=3 class="tr4 td74"><P class="p108 ft2">bilaga I till</P></TD>
<TD colspan=2 class="tr4 td160"><P class="p18 ft2">punkt 1</P></TD>
<TD colspan=3 class="tr4 td183"><P class="p16 ft2">i avsnitt B</P></TD>
<TD colspan=4 class="tr4 td38"><P class="p16 ft2">i bilaga I till</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">direktivet, och som har egna medel</P></TD>
<TD colspan=9 class="tr4 td110"><P class="p18 ft2">direktivet, och som har egna medel</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td227"><P class="p18 ft2">motsvarande det</P></TD>
<TD colspan=4 class="tr5 td232"><P class="p108 ft2">startkapital som</P></TD>
<TD colspan=3 class="tr5 td148"><P class="p18 ft2">motsvarande</P></TD>
<TD class="tr5 td69"><P class="p18 ft2">det</P></TD>
<TD colspan=3 class="tr5 td27"><P class="p18 ft2">startkapital</P></TD>
<TD colspan=2 class="tr5 td113"><P class="p16 ft2">som</P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft2">anges</P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft2">i</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p32 ft2">artikel <SPAN class="ft3">28.2</SPAN></P></TD>
<TD class="tr4 td16"><P class="p35 ft3">i</P></TD>
<TD colspan=2 class="tr4 td24"><P class="p108 ft3">direktiv</P></TD>
<TD class="tr4 td47"><P class="p18 ft2">anges</P></TD>
<TD class="tr4 td36"><P class="p412 ft2">i</P></TD>
<TD colspan=3 class="tr4 td183"><P class="p44 ft2">artikel <SPAN class="ft3">9.1</SPAN></P></TD>
<TD colspan=2 class="tr4 td132"><P class="p208 ft21">i direktiv</P></TD>
<TD colspan=2 class="tr4 td113"><P class="p16 ft21">(EU)</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td227"><P class="p18 ft3">2013/36/EU<SPAN class="ft2">, eller</SPAN></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td227"><P class="p18 ft3">2019/2034<SPAN class="ft2">, eller</SPAN></P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p121 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">ett annat institut som står under fortlöpande tillsyn och som den 21 juli 2011 hör till de kategorier som har godtagits såsom förvaringsinstitut enligt Europaparlamentets och rådets direktiv 2009/65/EG.</SPAN></P>
<P style="text-align: left;padding-right: 68px;margin-top: 16px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Förvaringsinstitutet ska vara etablerat i den alternativa invester- ingsfondens hemland.</P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 246px 0px 0px 0px;padding: 0px;border:none;width: 244px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 244px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p278 ft2">520</P></TD>
<TD class="tr2 td134"><P class="p279 ft27"><SPAN class="ft48">3 </SPAN>Senaste lydelse 2017:701.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_521" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 506px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P style="text-align: left;padding-right: 41px;margin-top: 0px;margin-bottom: 0px;" class="ft101">Förslag till lag om ändring i lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 10px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs i fråga om lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna att 3 § ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;margin-top: 17px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr4 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 186px;margin-top: 15px;margin-bottom: 0px;" class="ft2">3 §<SPAN class="ft20">1</SPAN></P>
<P class="p116 ft2">I databasen får sådana uppgifter behandlas som har samlats in med stöd av</P>
<P class="p109 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">6 kap. 9 § första och andra styckena lagen (1988:1385) om Sveriges riksbank,</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">9 kap. 3 § första stycket lagen (1998:1479) om värdepapperscentraler och kontoföring av finansiella instrument,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">10 kap. 2 § första stycket lagen (2004:46) om värdepappersfonder,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">13 kap. 3 § lagen (2004:297) om bank- och finansieringsrörelse,</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">8 kap. 5 § första stycket lagen (2018:1219) om försäkrings- distribution,</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">5 kap. 10 och 11 §§ lagen (2006:531) om särskild tillsyn över finansiella konglomerat,</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">23 kap. 2 § första stycket lagen (2007:528) om värdepappers- marknaden,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft17">8 kap. 2 § lagen (2010:751) om betaltjänster,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft17">17 kap. 5 § försäkringsrörelselagen (2010:2043),</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft17">5 kap. 2 § lagen (2011:755) om elektroniska pengar,</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">13 kap. 6 § första stycket lagen (2013:561) om förvaltare av alternativa investeringsfonder,</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">6 kap. 1 § lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag,</SPAN></P>
<P class="p240 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft16">6 kap. 2 § lagen (2017:230) om Pensionsmyndighetens försäk- ringsverksamhet i premiepensionssystemet,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr4 td91"><P class="p39 ft2">14. 14 kap.</P></TD>
<TD class="tr4 td102"><P class="p18 ft2">5 § lagen</P></TD>
<TD colspan=2 class="tr4 td235"><P class="p108 ft2">(2019:742)</P></TD>
<TD colspan=2 class="tr4 td79"><P class="p39 ft2">14. 14 kap. 5 § lagen</P></TD>
<TD colspan=2 class="tr4 td183"><P class="p16 ft2">(2019:742)</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td198"><P class="p18 ft31">om tjänstepensionsföretag, <SPAN class="ft21">och</SPAN></P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td236"><P class="p18 ft2">om tjänstepensionsföretag,</P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td267"><P class="p39 ft2">15. artiklarna <NOBR>99–101,</NOBR></P></TD>
<TD class="tr5 td135"><P class="p207 ft2">394,</P></TD>
<TD class="tr5 td62"><P class="p108 ft2">415,</P></TD>
<TD colspan=2 class="tr5 td79"><P class="p39 ft2">15. artiklarna <NOBR>99–101,</NOBR></P></TD>
<TD colspan=2 class="tr5 td183"><P class="p16 ft2">394, 415,</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">416, 430 och 451 i Europaparla-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">416, 430 och 451 i Europaparla-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">nr 575/2013 av den 26 juni 2013</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">nr 575/2013 av den 26 juni 2013</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft2">om</P></TD>
<TD colspan=4 class="tr4 td167"><P class="p107 ft2">tillsynskrav för kreditinstitut</P></TD>
<TD class="tr4 td195"><P class="p18 ft2">om tillsynskrav för</P></TD>
<TD colspan=3 class="tr4 td71"><P class="p16 ft2">kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft3">och</P></TD>
<TD colspan=4 class="tr4 td167"><P class="p107 ft3">värdepappersföretag <SPAN class="ft2">och om</SPAN></P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td91"><P class="p18 ft2">ändring av</P></TD>
<TD colspan=2 class="tr5 td151"><P class="p249 ft2">förordning</P></TD>
<TD class="tr5 td62"><P class="p107 ft2">(EU)</P></TD>
<TD class="tr5 td195"><P class="p18 ft2">nr 648/2012<SPAN class="ft3">, och</SPAN></P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td91"><P class="p18 ft2">nr 648/2012<SPAN class="ft3">.</SPAN></P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td195"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td195"><P class="p39 ft3">16. artiklarna 54</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td140"><P class="p16 ft3">55 i</P></TD>
</TR>
<TR>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td195"><P class="p18 ft3">Europaparlamentets</P></TD>
<TD colspan=2 class="tr5 td12"><P class="p80 ft3">och</P></TD>
<TD class="tr5 td140"><P class="p16 ft3">rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft21">förordning (EU) 2019/2033 av den</P></TD>
</TR>
</TABLE>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 38px 0px 0px 0px;padding: 0px;border:none;width: 505px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t17">
<TR>
<TD class="tr2 td157"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2019:769.</P></TD>
<TD class="tr2 td50"><P class="p16 ft2">521</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_522" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:107px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173522x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 138px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 26px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">522</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 450px;overflow: hidden;">
<P style="text-align: justify;padding-left: 192px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft3">27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014.</P>
<P class="p871 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_523" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 40px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2015:1016) om resolution</P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om lagen (2015:1016) om resolution att 2 kap. 1 § och 27 kap. 13 och 14 §§ ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p389 ft22"><SPAN class="ft22">2</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN><SPAN class="ft20">1</SPAN></P>
<P class="p65 ft2">I denna lag avses med</P>
<P class="p89 ft2"><SPAN class="ft3">anmält avvecklingssystem</SPAN>: ett anmält avvecklingssystem enligt 2 § lagen (1999:1309) om system för avveckling av förpliktelser på finansmarknaden,</P>
<P class="p89 ft2"><SPAN class="ft3">bankdag</SPAN>: en dag som inte är en lördag, en söndag, midsommarafton, julafton eller nyårsafton eller en allmän helgdag,</P>
<P class="p92 ft2"><SPAN class="ft3">behörig myndighet</SPAN>: i Sverige Finansinspektionen och i fråga om övriga länder inom EES en behörig myndighet enligt definitionen i artikel 4.1.40 i tillsynsförordningen, inbegripet Europeiska centralbanken när det gäller de särskilda uppgifter som den tilldelas genom rådets förordning (EU) nr 1024/2013 av den 15 oktober 2013 om tilldelning av särskilda uppgifter till Europeiska centralbanken i fråga om politiken för tillsyn över kreditinstitut, i den ursprungliga lydelsen,</P>
<P class="p420 ft2"><SPAN class="ft3">berörd myndighet</SPAN>: i Sverige Finansinspektionen och i fråga om övriga länder inom EES, den myndighet som länderna identifierat enligt artikel 61.2 i krishanteringsdirektivet,</P>
<P class="p89 ft2"><SPAN class="ft3">betydande filial</SPAN>: en filial som är betydande enligt artikel 51.1 i kapitaltäckningsdirektivet,</P>
<P class="p92 ft2"><SPAN class="ft3">blandat finansiellt holdingföretag</SPAN>: ett holdingföretag enligt arti- kel 4.1.21 i tillsynsförordningen,</P>
<P class="p89 ft3">blandat finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">institut eller ett </SPAN><NOBR>EES-institut</NOBR> som auktoriserats i något land inom EES,</P>
<P class="p14 ft2">eller</P>
<P class="p91 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">annat blandat finansiellt holdingföretag eller ett finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft3">dotterföretag</SPAN>: ett dotterföretag enligt artikel 4.1.16 i tillsynsför- ordningen,</P>
<P class="p87 ft2"><SPAN class="ft3">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p88 ft2"><NOBR><SPAN class="ft3">EES-filial</SPAN>:</NOBR> en filial till ett tredjelandsinstitut som är etablerad i ett land inom EES,</P>
<P class="p91 ft2"><NOBR><SPAN class="ft3">EES-institut</SPAN>:</NOBR> ett institut enligt artikel 4.1.3 i tillsynsförordningen som är hemmahörande i ett annat land inom EES än Sverige,</P>
<P class="p87 ft2"><SPAN class="ft3">filial</SPAN>: en filial enligt artikel 4.1.17 i tillsynsförordningen,</P>
<P class="p88 ft2"><SPAN class="ft3">finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.20 i tillsynsförordningen,</P>
<P class="p87 ft2"><SPAN class="ft3">finansiellt institut</SPAN>: ett företag enligt artikel 4.1.26 i tillsynsförordningen,</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 24px;font: 7px 'Times New Roman';">
<TR>
<TD class="tr2 td82"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2018:2021.</P></TD>
<TD class="tr2 td83"><P class="p16 ft2">523</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_524" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">524</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p65 ft2"><SPAN class="ft3">finansieringsplan</SPAN>: en plan enligt artikel 107 i krishanteringsdirektivet,</P>
<P class="p123 ft3">finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">institut eller ett </SPAN><NOBR>EES-institut</NOBR> som auktoriserats i något land inom EES,</P>
<P class="p14 ft2">eller</P>
<P class="p123 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">annat finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft3">finansieringsarrangemang</SPAN>: ett arrangemang för finansiering av kostnader för resolution som upprättats av ett land inom EES enligt artikel 100 i krishanteringsdirektivet,</P>
<P class="p121 ft3">förordningen om resolutionsavgifter<SPAN class="ft2">: kommissionens delegerade förordning (EU) 2015/63 om komplettering av Europaparlamentets och rådets direktiv 2014/59/EU av den 21 oktober 2014 avseende</SPAN></P>
<P style="text-align: left;padding-left: 11px;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;text-indent: -10px;" class="ft2">förhandsbidrag till finansieringsarrangemang för resolution, <SPAN class="ft3">garanterad insättning</SPAN>: en insättning som omfattas av insättnings-</P>
<P class="p102 ft2">garantin enligt 4 och 4 c §§ lagen (1995:1571) om insättningsgaranti,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2"><SPAN class="ft24">gruppbaserad</SPAN>: som är gjord på</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2"><SPAN class="ft24">gruppbaserad</SPAN>: som är gjord på</P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft2">grundval</P></TD>
<TD class="tr4 td98"><P class="p271 ft2">av den</P></TD>
<TD class="tr4 td77"><P class="p108 ft2">konsoliderade</P></TD>
<TD class="tr4 td183"><P class="p18 ft2">grundval</P></TD>
<TD class="tr4 td102"><P class="p18 ft2">av den</P></TD>
<TD class="tr4 td91"><P class="p16 ft2">konsoliderade</P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft31">situationen</P></TD>
<TD class="tr4 td98"><P class="p448 ft2">enligt</P></TD>
<TD class="tr4 td77"><P class="p108 ft2">artikel 4.1.47 i</P></TD>
<TD class="tr4 td183"><P class="p18 ft2">situationen</P></TD>
<TD colspan=2 class="tr4 td267"><P class="p16 ft2">enligt artikel 4.1.47 i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p18 ft2">tillsynsförordningen,</P></TD>
<TD colspan=2 class="tr5 td152"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr5 td91"><P class="p16 ft3">eller arti-</P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td77"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft21">kel 4.1.11 i värdepappersbolagsför-</P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td77"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft3">ordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td91"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p121 ft2"><SPAN class="ft3">gränsöverskridande koncern</SPAN>: en koncern med moder- och dotterföretag i flera länder inom EES,</P>
<P class="p87 ft3">holdingföretag med blandad verksamhet<SPAN class="ft2">: ett holdingföretag enligt</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=7 class="tr4 td52"><P class="p18 ft2">artikel 4.1.22 i tillsynsförordningen,</P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td263"><P class="p39 ft2"><SPAN class="ft3">institut</SPAN>: kreditinstitut och värdepappersbolag,</P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td52"><P class="p39 ft2"><SPAN class="ft24">kapitalbas</SPAN>: detsamma som avses</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 195px;vertical-align: bottom;" class="tr4"><P class="p16 ft3"><SPAN class="ft24">kapitalbas</SPAN><SPAN class="ft2">: </SPAN>för kreditinstitut <SPAN class="ft2">det-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td52"><P class="p18 ft2">i artikel 72 i tillsynsförordningen,</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 195px;vertical-align: bottom;" class="tr5"><P class="p16 ft2">samma som avses i artikel 72 i</P></TD>
</TR>
<TR>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 195px;vertical-align: bottom;" class="tr4"><P class="p16 ft2">tillsynsförordningen <SPAN class="ft3">och för värde-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 195px;vertical-align: bottom;" class="tr4"><P class="p16 ft21">pappersbolag detsamma som avses i</P></TD>
</TR>
<TR>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 195px;vertical-align: bottom;" class="tr5"><P class="p16 ft3">artikel 9 i värdepappersbolagsför-</P></TD>
</TR>
<TR>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td222"><P class="p32 ft3">ordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td198"><P class="p39 ft3"><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td162"><P class="p160 ft21"><SPAN class="ft30">kapitaltäckningsdirektivet</SPAN><SPAN class="ft31">:</SPAN></P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td112"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td127"><P class="p18 ft2">och</P></TD>
<TD colspan=2 class="tr5 td132"><P class="p246 ft2">rådets</P></TD>
<TD colspan=4 class="tr5 td112"><P class="p32 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td171"><P class="p424 ft31">och</P></TD>
<TD class="tr5 td135"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td52"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 195px;vertical-align: bottom;" class="tr4"><P class="p16 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td52"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 195px;vertical-align: bottom;" class="tr4"><P class="p16 ft2">2013 om behörighet att utöva</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td52"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 195px;vertical-align: bottom;" class="tr5"><P class="p16 ft2">verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD class="tr4 td53"><P class="p18 ft2">tillsyn</P></TD>
<TD class="tr4 td135"><P class="p1 ft2">av</P></TD>
<TD colspan=4 class="tr4 td158"><P class="p18 ft2">kreditinstitut</P></TD>
<TD class="tr4 td12"><P class="p246 ft3">och</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 195px;vertical-align: bottom;" class="tr4"><P class="p16 ft2">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td112"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td127"><P class="p1 ft2">om</P></TD>
<TD colspan=2 class="tr4 td132"><P class="p246 ft2">ändring</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 195px;vertical-align: bottom;" class="tr4"><P class="p16 ft2">av direktiv 2002/87/EG och om</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td301"><P class="p18 ft2">av direktiv 2002/87/EG</P></TD>
<TD class="tr5 td127"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td12"><P class="p246 ft2">om</P></TD>
<TD colspan=2 class="tr5 td222"><P class="p32 ft2">upphävande</P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p79 ft2">av</P></TD>
<TD colspan=2 class="tr5 td176"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td144"><P class="p18 ft2">upphävande</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft2">av</P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td132"><P class="p246 ft3">direktiv</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p32 ft2">2006/48/EG</P></TD>
<TD colspan=4 class="tr4 td99"><P class="p16 ft2">och 2006/49/EG, i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td227"><P class="p18 ft2">2006/48/EG och</P></TD>
<TD colspan=4 class="tr4 td204"><P class="p246 ft2">2006/49/EG, i</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 195px;vertical-align: bottom;" class="tr4"><P class="p16 ft2">lydelsen enligt Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr5 td53"><P class="p18 ft2">lydelsen</P></TD>
<TD class="tr5 td135"><P class="p18 ft2">enligt</P></TD>
<TD colspan=5 class="tr5 td152"><P class="p246 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td160"><P class="p32 ft2">och</P></TD>
<TD colspan=2 class="tr5 td122"><P class="p18 ft2">rådets</P></TD>
<TD colspan=2 class="tr5 td80"><P class="p43 ft2">direktiv</P></TD>
<TD class="tr5 td135"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td52"><P class="p18 ft2">och rådets direktiv <SPAN class="ft3">2014/59/EU</SPAN>,</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p32 ft3">2019/2034<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 style="padding: 0px;margin: 0px;width: 295px;vertical-align: bottom;" class="tr4"><P class="p39 ft2"><SPAN class="ft3">koncern</SPAN>: ett moderföretag och dess dotterföretag,</P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=11 class="tr5 td34"><P class="p39 ft2"><SPAN class="ft3">koncernresolutionsordning</SPAN>: en plan enligt artikel 91.6</P></TD>
<TD colspan=2 class="tr5 td176"><P class="p16 ft2">i krishanter-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td144"><P class="p18 ft2">ingsdirektivet,</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td52"><P class="p39 ft2"><SPAN class="ft24">kreditinstitut</SPAN>: banker och kredit-</P></TD>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 195px;vertical-align: bottom;" class="tr4"><P class="p16 ft2"><SPAN class="ft24">kreditinstitut</SPAN>: banker och kre-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td227"><P class="p18 ft2">marknadsföretag</P></TD>
<TD colspan=2 class="tr5 td62"><P class="p81 ft2">enligt</P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p246 ft31">lagen</P></TD>
<TD colspan=4 class="tr5 td112"><P class="p32 ft2">ditmarknadsföretag</P></TD>
<TD class="tr5 td171"><P class="p424 ft2">enligt</P></TD>
<TD class="tr5 td135"><P class="p16 ft2">lagen</P></TD>
</TR>
<TR>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td222"><P class="p32 ft2">(2004:297)</P></TD>
<TD class="tr4 td123"><P class="p18 ft2">om</P></TD>
<TD colspan=2 class="tr4 td80"><P class="p18 ft2">bank- och</P></TD>
<TD class="tr4 td135"><P class="p16 ft2">finan-</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_525" style="position:relative; overflow: hidden;margin: 53px 0px 79px 0px;padding: 0px;border: none;width: 624px;">
<DIV style="border:none;margin: 0px 0px 0px 68px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 190px;overflow: hidden;">
<P class="p14 ft2">(2004:297) om bank- och finan- sieringsrörelse,</P>
</DIV>
<DIV style="float:left;border:none;margin: 1px 0px 0px 14px;padding: 0px;border:none;width: 190px;overflow: hidden;">
<P class="p191 ft31">sieringsrörelse <SPAN class="ft21">samt ett sådant värdepappersbolag som avses i 1 kap. 2 § första stycket 3 d lagen (2014:968) om särskild tillsyn över</SPAN></P>
<P style="text-align: justify;padding-right: 1px;margin-top: 1px;margin-bottom: 0px;" class="ft3">kreditinstitut och värde- pappersbolag<SPAN class="ft2">,</SPAN></P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 12px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 624px;overflow: hidden;">
<P class="p166 ft3">krisavvärjande åtgärd<SPAN class="ft2">:</SPAN></P>
<P class="p170 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">en åtgärd för att undanröja väsentliga brister eller väsentliga hinder för återhämtning enligt 6 a kap. 6 och 7 §§ lagen om bank- och finansieringsrörelse och 8 a kap. 7 och 8 §§ lagen (2007:528) om värdepappersmarknaden,</SPAN></P>
<P class="p168 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">en åtgärd för att undanröja eller minska väsentliga hinder för rekonstruktion eller avveckling enligt 3 kap. </SPAN><NOBR>3–5</NOBR> och <NOBR>12–24</NOBR> §§,</P>
<P class="p483 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft17">en åtgärd som enligt beslut av Finansinspektionen är en kris- avvärjande åtgärd enligt 15 kap. 2 c § lagen om bank- och finansier- ingsrörelse eller 25 kap. 2 c § lagen om värdepappersmarknaden,</SPAN></P>
<P class="p483 ft2"><SPAN class="ft2">d)</SPAN><SPAN class="ft17">ett beslut av Finansinspektionen om att tillsätta en tillfällig förvaltare enligt 15 a kap. lagen om bank- och finansieringsrörelse eller 25 a kap. lagen om värdepappersmarknaden, eller</SPAN></P>
<P class="p168 ft2"><SPAN class="ft2">e)</SPAN><SPAN class="ft17">nedskrivning eller konvertering av relevanta kapitalinstrument enligt 6 kap.,</SPAN></P>
<P class="p171 ft2"><SPAN class="ft3">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i den ursprungliga lydelsen,</P>
<P style="text-align: left;padding-left: 68px;padding-right: 158px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft3">kritisk verksamhet</SPAN>: en tjänst eller en transaktion som, om den upphörde, sannolikt skulle leda till en allvarlig störning i det finansiella systemet,</P>
<P class="p168 ft2"><SPAN class="ft3">kvalificerad insättning</SPAN>: en insättning enligt lagen om insättningsgaranti som inte är undantagen enligt 4 b eller 5 § den lagen,</P>
<P class="p168 ft2"><SPAN class="ft3">kärnprimärkapitalinstrument</SPAN>: kapitalinstrument som uppfyller villkoren i artikel <NOBR>28.1–28.4,</NOBR> <NOBR>29.1–29.5</NOBR> eller 31.1 i tillsynsförordningen,</P>
<P class="p167 ft2"><SPAN class="ft3">moderföretag</SPAN>: ett moderföretag enligt artikel 4.1.15 a i tillsyns- förordningen,</P>
<P class="p483 ft2"><SPAN class="ft3">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moderholdingföretag inom EES eller ett blandat finansiellt moderholdingföretag inom EES,</P>
<P class="p483 ft2"><SPAN class="ft3">moderföretag i tredjeland</SPAN>: ett moderinstitut, ett finansiellt moder- holdingföretag eller ett blandat finansiellt moderholdingföretag som är hemmahörande i ett land utanför EES,</P>
<P class="p168 ft2"><SPAN class="ft3">moderinstitut inom EES</SPAN>: ett institut eller ett <NOBR>EES-institut</NOBR> som är ett moderföretag och som inte självt är ett dotterföretag till ett</P>
<P class="p9 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">annat institut eller ett </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p167 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p168 ft2"><SPAN class="ft3">relevanta kapitalinstrument</SPAN>: övriga primärkapitalinstrument och supplementärkapitalinstrument,</P>
<P class="p173 ft2">525</P>
</DIV>
</DIV>
<DIV id="page_526" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">526</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p124 ft2"><SPAN class="ft3">resolutionsförfarande i tredjeland</SPAN>: en åtgärd som enligt rätten i ett land utanför EES syftar till att hantera en kris i ett tredjelandsinstitut eller i ett moderföretag i tredjeland, om åtgärden är jämförbar med sådana resolutionsåtgärder som får vidtas enligt denna lag i fråga om ändamål och förväntat resultat,</P>
<P class="p121 ft2"><SPAN class="ft3">resolutionskollegium</SPAN>: ett resolutionskollegium enligt artikel 88 i krishanteringsdirektivet,</P>
<P class="p87 ft2"><SPAN class="ft3">resolutionsåtgärd</SPAN>: någon av de åtgärder som anges i 12 kap. 1 §,</P>
<P class="p121 ft2"><SPAN class="ft3">samordnande berörd myndighet</SPAN>: den berörda myndigheten i samma land inom EES som den samordnande tillsynsmyndigheten,</P>
<P class="p124 ft2"><SPAN class="ft3">samordnande resolutionsmyndighet</SPAN>: resolutionsmyndigheten i samma land inom EES som den samordnande tillsynsmyndigheten,</P>
<P class="p121 ft2"><SPAN class="ft3">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som ansvarar för att utöva gruppbaserad tillsyn av moderinstitut inom EES och av institut som kontrolleras av finansiella moderholdingföretag inom EES eller blandade finansiella moderholdingföretag inom EES,</P>
<P class="p87 ft2"><SPAN class="ft3">supplementärkapitalinstrument</SPAN>: kapitalinstrument och efterställda lån</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=9 style="padding: 0px;margin: 0px;width: 350px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">som uppfyller villkoren i artikel 63 i tillsynsförordningen,</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td208"><P class="p39 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=2 class="tr4 td149"><P class="p44 ft2">Europa-</P></TD>
<TD colspan=3 class="tr4 td239"><P class="p45 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=2 class="tr4 td233"><P class="p16 ft2">Europa-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td63"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=5 class="tr5 td64"><P class="p77 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD class="tr4 td88"><P class="p18 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p44 ft2">nr 575/2013</P></TD>
<TD class="tr4 td171"><P class="p18 ft2">av den</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p44 ft2">26 juni</P></TD>
<TD colspan=3 class="tr4 td239"><P class="p77 ft2">(EU) nr 575/2013 av den</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p16 ft2">26 juni</P></TD>
</TR>
<TR>
<TD class="tr4 td88"><P class="p18 ft2">2013</P></TD>
<TD class="tr4 td47"><P class="p112 ft2">om</P></TD>
<TD colspan=3 class="tr4 td57"><P class="p358 ft2">tillsynskrav</P></TD>
<TD class="tr4 td31"><P class="p44 ft2">för</P></TD>
<TD class="tr4 td89"><P class="p77 ft2">2013</P></TD>
<TD class="tr4 td68"><P class="p48 ft2">om</P></TD>
<TD colspan=2 class="tr4 td57"><P class="p270 ft2">tillsynskrav</P></TD>
<TD class="tr4 td141"><P class="p16 ft2">för</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td95"><P class="p18 ft2">kreditinstitut</P></TD>
<TD class="tr5 td37"><P class="p412 ft3">och</P></TD>
<TD colspan=3 class="tr5 td194"><P class="p44 ft3">värdepappers-</P></TD>
<TD colspan=5 class="tr5 td64"><P class="p77 ft2">kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td63"><P class="p18 ft2"><SPAN class="ft3">företag </SPAN>och om ändring av för-</P></TD>
<TD colspan=4 class="tr4 td1"><P class="p77 ft2">förordning (EU) nr 648/2012,</P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td208"><P class="p18 ft2">ordning (EU) nr 648/2012,</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td63"><P class="p44 ft3"><SPAN class="ft24">tillsynskollegium</SPAN><SPAN class="ft2">: ett tillsyns-</SPAN></P></TD>
<TD colspan=5 class="tr5 td64"><P class="p16 ft3"><SPAN class="ft24">tillsynskollegium</SPAN><SPAN class="ft2">: ett tillsyns-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td95"><P class="p18 ft2">kollegium</P></TD>
<TD class="tr4 td37"><P class="p412 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p73 ft2">artikel 116</P></TD>
<TD class="tr4 td31"><P class="p44 ft2">i</P></TD>
<TD colspan=2 class="tr4 td148"><P class="p77 ft2">kollegium</P></TD>
<TD colspan=2 class="tr4 td57"><P class="p270 ft2">enligt artikel 116</P></TD>
<TD class="tr4 td141"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td208"><P class="p18 ft2">kapitaltäckningsdirektivet,</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td239"><P class="p77 ft2">kapitaltäckningsdirektivet</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td148"><P class="p77 ft3">artikel 48 i</P></TD>
<TD colspan=3 class="tr5 td187"><P class="p16 ft3">värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td148"><P class="p77 ft3">direktivet<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p996 ft31"><SPAN class="ft21">tredjelandsinstitut</SPAN>: ett företag som har sitt huvudkontor i ett land utanför EES och som skulle vara ett institut om det var hemmahörande inom EES,</P>
<TABLE cellpadding=0 cellspacing=0 class="t24">
<TR>
<TD class="tr4 td303"><P class="p39 ft3"><SPAN class="ft24">värdepappersbolag</SPAN>: ett</P></TD>
<TD class="tr4 td53"><P class="p108 ft21">svenskt</P></TD>
<TD class="tr4 td110"><P class="p16 ft3"><SPAN class="ft24">värdepappersbolag</SPAN><SPAN style="font: 13px 'Times New Roman';text-decoration: underline;line-height: 15px;">:</SPAN> ett värde-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft3">aktiebolag som har tillstånd att</P></TD>
<TD class="tr4 td110"><P class="p16 ft21">pappersföretag enligt artikel 4.1.22</P></TD>
</TR>
<TR>
<TD class="tr5 td303"><P class="p18 ft3">driva värdepappersrörelse</P></TD>
<TD class="tr5 td53"><P class="p108 ft3">enligt</P></TD>
<TD class="tr5 td110"><P class="p16 ft21">i värdepappersbolagsförordningen</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft3">lagen om värdepappersmarknaden,</P></TD>
<TD class="tr4 td110"><P class="p16 ft3">som omfattas av det krav på start-</P></TD>
</TR>
<TR>
<TD class="tr4 td303"><P class="p18 ft3">om det har tillstånd</P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p16 ft21">kapital som anges i 3 kap. 6 § första</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p108 ft3">a) för någon av de tjänster som</P></TD>
<TD class="tr5 td110"><P class="p16 ft3">stycket 2 lagen (<SPAN class="ft2">2007</SPAN>:528) om</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft3">anges i 2 kap. 1 § 3, 6, 7, 8 och 9</P></TD>
<TD class="tr4 td110"><P class="p278 ft21">värdepappersmarknaden<SPAN class="ft31">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td303"><P class="p18 ft3">den lagen,</P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-right: 267px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft21"><SPAN class="ft21">b)</SPAN><SPAN class="ft54">att som sidotjänst förvara finansiella instrument för kunders räkning och ta emot medel med redovisningsskyldighet enligt 2 kap. 2 § första stycket 1 den lagen, eller</SPAN></P>
<P style="text-align: justify;padding-right: 272px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft21">c)</SPAN><SPAN class="ft53">att som sidotjänst ta emot kunders medel på konto för att underlätta värdepappersrörelsen enligt 2 kap. 2 § första stycket 8 den lagen, och</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_527" style="position:relative; overflow: hidden;margin: 50px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<TABLE cellpadding=0 cellspacing=0 style="width: 495px;margin-left: 11px;font: 13px 'Times New Roman';">
<TR>
<TD colspan=8 class="tr2 td345"><P style="text-align: center;padding-left: 177px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft21"><SPAN class="ft30">värdepappersbolagsdirektivet</SPAN>:</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=5 style="padding: 0px;margin: 0px;width: 313px;vertical-align: bottom;" class="tr5"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">Europaparlamentets</P></TD>
<TD colspan=3 class="tr5 td38"><P class="p23 ft3">och rådets</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 7</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td345"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">direktiv (EU) 2019/2034 av den</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td345"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">27 november 2019 om tillsyn av</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td345"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">värdepappersföretag och om änd-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD style="padding: 0px;margin: 0px;width: 223px;vertical-align: bottom;" class="tr4"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">ring</P></TD>
<TD class="tr4 td127"><P class="p32 ft3">av</P></TD>
<TD colspan=3 class="tr4 td71"><P class="p385 ft21">direktiven</P></TD>
<TD colspan=3 class="tr4 td38"><P class="p23 ft21">2002/87/EG,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td263"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">2009/65/EG,</P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td38"><P class="p23 ft21">2011/61/EU,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td263"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">2013/36/EU,</P></TD>
<TD colspan=4 class="tr5 td206"><P class="p73 ft3">2014/59/EU</P></TD>
<TD class="tr5 td75"><P class="p23 ft3">och</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td263"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">2014/65/EU,</P></TD>
<TD colspan=2 class="tr4 td233"><P style="text-align: center;padding-right: 9px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">i den</P></TD>
<TD colspan=3 class="tr4 td38"><P class="p23 ft21">ursprungliga</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td23"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">lydelsen,</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td362"><P style="text-align: center;padding-left: 200px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft30">värdepappersbolagsförord-</P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td23"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3"><SPAN class="ft24">ningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=5 class="tr4 td78"><P class="p18 ft3">Europaparlamentets</P></TD>
<TD class="tr4 td75"><P class="p23 ft3">och</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td345"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft21">rådets förordning (EU) 2019/2033 av</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD style="padding: 0px;margin: 0px;width: 223px;vertical-align: bottom;" class="tr5"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">den</P></TD>
<TD colspan=3 class="tr5 td222"><P class="p18 ft3">27 november</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p32 ft3">2019</P></TD>
<TD class="tr5 td31"><P class="p80 ft3">om</P></TD>
<TD class="tr5 td75"><P class="p23 ft3">till-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td23"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">synskrav</P></TD>
<TD class="tr4 td56"><P class="p37 ft3">för</P></TD>
<TD colspan=5 class="tr4 td60"><P class="p23 ft21">värdepappersföretag</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td345"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">och om ändring av förordningarna</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD style="padding: 0px;margin: 0px;width: 223px;vertical-align: bottom;" class="tr5"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">(EU)</P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td107"><P class="p448 ft21">nr 1093/2010,</P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p23 ft21">(EU)</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td345"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">nr 575/2013, (EU) nr 600/2014 och</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td294"><P style="text-align: left;padding-left: 193px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">(EU) nr 806/2014<SPAN class="ft2">, </SPAN>och</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 style="padding: 0px;margin: 0px;width: 295px;vertical-align: bottom;" class="tr5"><P class="p18 ft3">övriga primärkapitalinstrument<SPAN class="ft2">: kapitalinstrument</SPAN></P></TD>
<TD colspan=2 class="tr5 td114"><P class="p80 ft2">som</P></TD>
<TD colspan=2 class="tr5 td7"><P class="p23 ft2">uppfyller</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p14 ft2">villkoren i artikel 52.1 i tillsynsförordningen.</P>
<P style="text-align: left;padding-left: 176px;margin-top: 19px;margin-bottom: 0px;" class="ft22"><SPAN class="ft35">27</SPAN><SPAN class="ft36">kap.</SPAN></P>
<P style="text-align: left;padding-left: 183px;margin-top: 0px;margin-bottom: 0px;" class="ft2">13 §<SPAN class="ft20">2</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD colspan=12 class="tr4 td237"><P class="p204 ft2">Avgiftsskyldiga ska betala årliga resolutionsavgifter. De sammanlagda</P></TD>
</TR>
<TR>
<TD colspan=12 class="tr4 td237"><P class="p18 ft2">resolutionsavgifterna för ett år ska uppgå till 0,05 procent av det totala</P></TD>
</TR>
<TR>
<TD colspan=12 class="tr5 td237"><P class="p18 ft2">underlag för samtliga avgiftsskyldiga som beräknas enligt 14 §</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td99"><P class="p18 ft2">(avgiftsunderlaget).</P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=12 class="tr4 td237"><P class="p204 ft2">Om inte annat följer av tredje stycket fastställs den resolutionsavgift som</P></TD>
</TR>
<TR>
<TD colspan=12 class="tr5 td237"><P class="p18 ft2">en avgiftsskyldig ska betala i enlighet med förordningen om</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td99"><P class="p18 ft2">resolutionsavgifter.</P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td125"><P class="p39 ft2">Det</P></TD>
<TD class="tr4 td68"><P class="p18 ft2">som</P></TD>
<TD colspan=3 class="tr4 td145"><P class="p18 ft2">i artiklarna 4.1,</P></TD>
<TD class="tr4 td75"><P class="p108 ft2"><NOBR>6–9,</NOBR></P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft2">Det</P></TD>
<TD class="tr4 td114"><P class="p18 ft2">som i</P></TD>
<TD colspan=2 class="tr4 td73"><P class="p43 ft2">artiklarna 4.1,</P></TD>
<TD class="tr4 td14"><P class="p204 ft2"><NOBR>6–9,</NOBR></P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td50"><P class="p18 ft2">12.1, 14.2, 14.3, 14.6 och 17.2 i</P></TD>
<TD colspan=6 class="tr5 td157"><P class="p204 ft2">12.1, 14.2, 14.3, 14.6 och 17.2 i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td32"><P class="p18 ft2">förordningen</P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p30 ft2">om</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p107 ft2">resolutions-</P></TD>
<TD colspan=3 class="tr4 td129"><P class="p18 ft2">förordningen</P></TD>
<TD class="tr4 td122"><P class="p48 ft2">om</P></TD>
<TD colspan=2 style="padding: 0px;margin: 0px;width: 175px;vertical-align: bottom;" class="tr4"><P class="p204 ft31">resolutions-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">avgifter anges om metoden för</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p204 ft2">avgifter anges om metoden för</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td32"><P class="p18 ft2">riskjustering</P></TD>
<TD class="tr5 td143"><P class="p43 ft2">av</P></TD>
<TD colspan=3 class="tr5 td199"><P class="p107 ft2">resolutionsavgift</P></TD>
<TD colspan=3 class="tr5 td129"><P class="p18 ft2">riskjustering</P></TD>
<TD colspan=3 class="tr5 td290"><P class="p204 ft2">av resolutionsavgift</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">och om uppgiftsskyldighet, ska inte</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p204 ft31">och om uppgiftsskyldighet, ska inte</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">tillämpas för <NOBR>EES-filialer</NOBR> <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=6 class="tr4 td157"><P class="p204 ft2">tillämpas för <NOBR>EES-filialer.</NOBR> För <SPAN class="ft3">EES-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td50"><P class="p18 ft3">värdepappersbolag som omfattas</P></TD>
<TD colspan=2 class="tr5 td75"><P class="p18 ft3">filialer</P></TD>
<TD class="tr5 td114"><P class="p112 ft2">ska</P></TD>
<TD colspan=2 class="tr5 td73"><P class="p42 ft2">riskjustering</P></TD>
<TD class="tr5 td14"><P class="p204 ft2">av</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft3">av definitionen i artikel 96.1 a eller</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p204 ft2">resolutionsavgift ske i enlighet med</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft3">b i tillsynsförordningen eller som</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p204 ft2">de kriterier som anges i artikel 103.7</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td50"><P class="p18 ft3">bedriver verksamhet nr 8 i avsnitt A</P></TD>
<TD class="tr5 td87"><P class="p18 ft2">i</P></TD>
<TD colspan=4 class="tr5 td236"><P class="p112 ft2">krishanteringsdirektivet</P></TD>
<TD class="tr5 td14"><P class="p204 ft2">och</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft3">i bilaga I till Europaparlamentets</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p204 ft2">föreskrifter som har meddelats med</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td32"><P class="p18 ft3">och rådets</P></TD>
<TD colspan=2 class="tr4 td18"><P class="p292 ft21">direktiv</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p108 ft21">2004/39/EG,</P></TD>
<TD colspan=4 class="tr4 td172"><P class="p18 ft2">stöd av 29 kap. 1 § 8.</P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td125"><P class="p18 ft3">men</P></TD>
<TD colspan=2 class="tr5 td149"><P class="p35 ft3">som</P></TD>
<TD class="tr5 td88"><P class="p207 ft3">inte</P></TD>
<TD colspan=2 class="tr5 td74"><P class="p108 ft3">bedriver</P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td107"><P class="p18 ft3">verksamheterna</P></TD>
<TD class="tr4 td88"><P class="p323 ft3">nr 3</P></TD>
<TD class="tr4 td62"><P class="p78 ft21">eller</P></TD>
<TD class="tr4 td75"><P class="p107 ft3">6 i</P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft3">samma avsnitt i den bilagan. <SPAN class="ft2">För </SPAN>en</P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td125"><P class="p18 ft3">sådan</P></TD>
<TD colspan=3 class="tr5 td144"><P class="p323 ft3">avgiftsskyldig</P></TD>
<TD class="tr5 td62"><P class="p271 ft2">ska</P></TD>
<TD class="tr5 td75"><P class="p107 ft2">risk-</P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr17 td99"><P class="p18 ft27"><SPAN class="ft48">2 </SPAN>Senaste lydelse 2017:1312.</P></TD>
<TD class="tr17 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td14"><P class="p16 ft2">527</P></TD>
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<DIV>
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<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">528</P>
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<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: left;padding-right: 272px;margin-top: 0px;margin-bottom: 0px;" class="ft2">justering av resolutionsavgift ske i enlighet med de kriterier som anges</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 189px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr4 td56"><P class="p18 ft2">i</P></TD>
<TD class="tr4 td194"><P class="p18 ft2">artikel 103.7</P></TD>
<TD class="tr4 td56"><P class="p18 ft2">i</P></TD>
<TD class="tr4 td155"><P class="p16 ft2">krishan-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td202"><P class="p18 ft2">teringsdirektivet och</P></TD>
<TD colspan=2 class="tr4 td32"><P class="p16 ft2">föreskrifter</P></TD>
</TR>
<TR>
<TD class="tr5 td56"><P class="p18 ft2">som</P></TD>
<TD colspan=2 class="tr5 td202"><P class="p79 ft2">har meddelats med</P></TD>
<TD class="tr5 td155"><P class="p16 ft2">stöd av</P></TD>
</TR>
</TABLE>
<P class="p14 ft2">29 kap. 1 § 8.</P>
<P class="p996 ft31">Resolutionsavgift ska betalas så länge som behållningen i resolu- tionsreserven vid utgången av det år avgiften avser understiger tre procent</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 class="tr5 td109"><P class="p18 ft2">av de garanterade insättningarna.</P></TD>
<TD class="tr5 td197"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td22"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr22 td77"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td72"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr22 td92"><P style="text-align: right;padding-right: 101px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">14 §</P></TD>
<TD class="tr22 td22"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">Avgiftsunderlaget är summan av</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">Avgiftsunderlaget är summan av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td179"><P class="p18 ft2">den avgiftsskyldiges skulder</P></TD>
<TD class="tr4 td37"><P class="p108 ft2">med</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">den avgiftsskyldiges skulder med</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p18 ft2">avdrag för garanterade insättningar,</P></TD>
<TD colspan=2 class="tr5 td110"><P class="p16 ft31">avdrag för garanterade insättningar,</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">skulder som anges i artikel 5.1 i</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">skulder som anges i artikel 5.1 i</P></TD>
</TR>
<TR>
<TD class="tr4 td77"><P class="p18 ft2">förordningen</P></TD>
<TD class="tr4 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p108 ft2">om</P></TD>
<TD class="tr4 td197"><P class="p18 ft2">förordningen</P></TD>
<TD class="tr4 td22"><P class="p16 ft2">om</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p18 ft2">resolutionsavgifter och de skulder</P></TD>
<TD class="tr5 td197"><P class="p18 ft2">resolutionsavgifter</P></TD>
<TD class="tr5 td22"><P class="p16 ft2">och de skulder</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">som får ingå i den avgiftsskyldiges</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">som får ingå i den avgiftsskyldiges</P></TD>
</TR>
<TR>
<TD class="tr4 td77"><P class="p18 ft2">kapitalbas</P></TD>
<TD class="tr4 td72"><P class="p18 ft2">enligt</P></TD>
<TD class="tr4 td37"><P class="p108 ft2">till-</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft31">kapitalbas enligt tillsynsförordningen</P></TD>
</TR>
<TR>
<TD class="tr5 td77"><P class="p18 ft31">synsförordningen.</P></TD>
<TD class="tr5 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td197"><P class="p18 ft3">eller</P></TD>
<TD class="tr5 td22"><P class="p16 ft3">värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td77"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td110"><P class="p18 ft3">bolagsförordningen<SPAN class="ft2">.</SPAN></P></TD>
</TR>
</TABLE>
<P class="p121 ft2">Om inte annat följer av artikel <NOBR>5.2–5.4</NOBR> i förordningen om resolu- tionsavgifter, ska skulderna beräknas på det sätt som gäller för upptagande av skulder i balansräkning enligt lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag.</P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
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<DIV style="border:none;margin: 0px 0px 0px 68px;padding: 0px;border:none;width: 506px;overflow: hidden;">
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<P style="text-align: left;padding-right: 40px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2018:1219) om försäkringsdistribution</P>
<P class="p814 ft2">Härigenom föreskrivs i fråga om lagen (2018:1219) om försäkrings- distribution att 1 kap. 9 § ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 7</P>
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<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 624px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;margin-left: 68px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 256px;padding-right: 342px;margin-top: 18px;margin-bottom: 0px;text-indent: -9px;" class="ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">9 §</SPAN></P>
<P class="p166 ft2">I denna lag betyder</P>
<P class="p483 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft38">anknuten försäkringsförmedlare</SPAN>: en försäkringsförmedlare som har träffat avtal med ett eller flera försäkringsföretag om att distribuera försäkringsprodukter, om dessa produkter inte konkurrerar med varandra och avtalet innebär att försäkringsföretaget är ansvarigt för ren förmögenhetsskada enligt 4 kap. 16 §,</P>
<P class="p483 ft3"><SPAN class="ft2">2.</SPAN><SPAN class="ft38">anknuten sidoverksam försäkringsförmedlare</SPAN><SPAN class="ft2">: en sidoverksam försäkringsförmedlare som har träffat avtal med ett eller flera för- säkringsföretag eller försäkringsförmedlare om att distribuera sådana försäkringsprodukter som anges i 20 b och c, om avtalet innebär att försäkringsföretaget eller försäkringsförmedlaren är ansvarig för ren förmögenhetsskada enligt 4 kap. 16 §,</SPAN></P>
<P class="p495 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft38">behörig myndighet</SPAN>: en utländsk myndighet eller annat utländskt organ som har behörighet att besluta om tillstånd för eller registrering av försäkringsförmedlare eller att utöva tillsyn över försäkringsförmedlare,</P>
<P class="p9 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft38">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p483 ft2"><SPAN class="ft2">5.</SPAN><NOBR><SPAN class="ft38">EES-försäkringsförmedlare</SPAN>:</NOBR> en utländsk försäkringsförmedlare vars hemland är ett annat land inom EES och som omfattas av för- säkringsdistributionsdirektivet,</P>
<P class="p483 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft38">ersättning</SPAN>: en provision, avgift eller annan betalning, inbegripet en ekonomisk ersättning av något slag eller eventuell annan finansiell eller <NOBR>icke-finansiell</NOBR> förmån eller ett incitament, som erbjuds eller betalas ut med avseende på försäkringsdistribution,</P>
<P class="p168 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft38">filial</SPAN>: en försäkringsförmedlares agentur eller filial som ligger i ett annat land inom EES än hemlandet,</P>
<P class="p483 ft3"><SPAN class="ft2">8.</SPAN><SPAN class="ft38">försäkringsbaserad investeringsprodukt</SPAN><SPAN class="ft2">: en försäkring med ett förfallo- eller återköpsvärde som helt eller delvis är direkt eller indirekt exponerat mot marknadsvolatilitet, med undantag för</SPAN></P>
<P class="p9 ft2">a) skadeförsäkring,</P>
<P class="p170 ft2">b) livförsäkring där ersättning enligt avtalet endast betalas ut vid dödsfall eller vid invaliditet till följd av skada, sjukdom eller funk- tionsnedsättning, och</P>
<P class="p9 ft2">c) pensionsförsäkring,</P>
<P class="p170 ft3"><SPAN class="ft2">9.</SPAN><SPAN class="ft38">försäkringsdistributionsdirektivet</SPAN><SPAN class="ft2">: Europaparlamentets och rådets direktiv (EU) 2016/97 av den 20 januari 2016 om försäkringsdistribution,</SPAN></P>
<P class="p169 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft17">lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2018/411,</SPAN></P>
<P class="p167 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft38">försäkringsdistributör</SPAN>: en försäkringsförmedlare eller ett för- säkringsföretag,</P>
<P class="p496 ft2">529</P>
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<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">530</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p124 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft38">försäkringsförmedlare</SPAN>: en fysisk eller juridisk person, med undantag för försäkringsföretag eller deras anställda, som mot ersättning bedriver försäkringsdistribution,</P>
<P class="p122 ft3"><SPAN class="ft2">12.</SPAN><SPAN class="ft38">försäkringsförmedlare från tredjeland</SPAN><SPAN class="ft2">: en försäkringsförmedlare vars hemland inte omfattas av försäkringsdistributionsdirektivet,</SPAN></P>
<P class="p65 ft3"><SPAN class="ft2">13.</SPAN><SPAN class="ft38">hemland</SPAN><SPAN class="ft2">:</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">om försäkringsförmedlaren är en fysisk person, det land där förmedlaren har sin hemvist,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">om försäkringsförmedlaren är en juridisk person, det land där förmedlarens säte ligger, eller, om förmedlaren enligt nationell rätt inte har något säte, det land där förmedlarens huvudkontor ligger,</SPAN></P>
<P class="p124 ft2">14. <SPAN class="ft3">kvalificerat innehav</SPAN>: ett direkt eller indirekt ägande i ett företag, om innehavet representerar tio procent eller mer av kapitalet eller av samtliga röster eller annars möjliggör ett väsentligt inflytande över ledningen av företaget,</P>
<P class="p832 ft2">15. <SPAN class="ft3">nära förbindelser</SPAN>: det som avses i 1 kap. 14 § försäkrings- rörelselagen (2010:2043), med den skillnaden att det som anges där om försäkringsföretag i stället ska avse försäkringsförmedlare,</P>
<P class="p121 ft2">16. <SPAN class="ft3">pensionsförsäkring</SPAN>: försäkringsavtal som har som främsta syfte att ge inkomst vid pensionering och som berättigar den försäkrade till vissa ersättningar,</P>
<P class="p122 ft2">17. <SPAN class="ft3">professionell kund</SPAN>: en kund som avses i 1 kap. 4 b § lagen (2007:528) om värdepappersmarknaden,</P>
<P class="p123 ft3"><SPAN class="ft2">18. </SPAN>rådgivning grundad på en opartisk och personlig analys<SPAN class="ft2">: sådan rådgivning som avses i 4 kap. 2 §,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">19.</SPAN><SPAN class="ft38">rådgivning</SPAN>: tillhandahållande av en personlig rekommendation till en kund, antingen på kundens begäran eller på initiativ av för- säkringsdistributören, i fråga om ett eller flera försäkringsavtal,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr5 td76"><P class="p39 ft3"><SPAN class="ft2">20. </SPAN><SPAN class="ft24">sidoverksam</SPAN></P></TD>
<TD colspan=2 class="tr5 td194"><P class="p108 ft30">försäkringsför-</P></TD>
<TD colspan=3 class="tr5 td78"><P class="p48 ft3"><SPAN class="ft2">20. </SPAN><SPAN class="ft24">sidoverksam</SPAN></P></TD>
<TD colspan=3 class="tr5 td129"><P class="p16 ft30">försäkringsför-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft24">medlare</SPAN>: en försäkringsförmedlare –</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft31"><SPAN class="ft30">medlare</SPAN>: en försäkringsförmedlare –</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">utom kreditinstitut och värde-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">utom kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td109"><P class="p18 ft2">pappersföretag enligt definitionen i</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">pappersföretag enligt definitionen i</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft2">artikel 4.1.1</P></TD>
<TD class="tr4 td156"><P style="text-align: left;padding-left: 23px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">och</P></TD>
<TD class="tr4 td27"><P class="p30 ft2">4.1.2</P></TD>
<TD class="tr4 td56"><P class="p108 ft2">i</P></TD>
<TD class="tr4 td55"><P class="p18 ft2">artikel 4.1.1</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p80 ft2">och</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p412 ft2">4.1.2</P></TD>
<TD class="tr4 td31"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td76"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD colspan=2 class="tr4 td194"><P class="p108 ft2">och rådets</P></TD>
<TD colspan=3 class="tr4 td78"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td135"><P class="p35 ft2">och</P></TD>
<TD colspan=2 class="tr4 td89"><P class="p16 ft2">rådets</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft2">förordning</P></TD>
<TD colspan=2 class="tr5 td159"><P class="p246 ft2">(EU) nr 575/2013</P></TD>
<TD class="tr5 td56"><P class="p108 ft2">av</P></TD>
<TD class="tr5 td55"><P class="p18 ft2">förordning</P></TD>
<TD colspan=5 class="tr5 td60"><P class="p16 ft2">(EU) nr 575/2013 av</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">för kreditinstitut och värde-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">för kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td109"><P class="p18 ft2">pappersföretag och om ändring av</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">pappersföretag och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">förordning (EU) nr 648/2012 – som</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">förordning (EU) nr 648/2012<SPAN class="ft3">, i den</SPAN></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">bedriver försäkringsdistribution som</P></TD>
<TD colspan=2 class="tr4 td206"><P class="p18 ft3">ursprungliga</P></TD>
<TD colspan=2 class="tr4 td24"><P class="p18 ft3">lydelsen</P></TD>
<TD class="tr4 td16"><P class="p468 ft2">–</P></TD>
<TD class="tr4 td31"><P class="p16 ft2">som</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td109"><P class="p18 ft2">sidoverksamhet, under förutsättning</P></TD>
<TD class="tr5 td55"><P class="p18 ft2">bedriver</P></TD>
<TD colspan=5 class="tr5 td60"><P class="p16 ft2">försäkringsdistribution</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">att samtliga följande villkor är</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">som sidoverksamhet, under för-</P></TD>
</TR>
<TR>
<TD class="tr4 td80"><P class="p18 ft2">uppfyllda:</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td55"><P class="p18 ft2">utsättning</P></TD>
<TD class="tr4 td11"><P class="p18 ft2">att</P></TD>
<TD colspan=2 class="tr4 td24"><P class="p37 ft2">samtliga</P></TD>
<TD colspan=2 class="tr4 td89"><P class="p16 ft2">följande</P></TD>
</TR>
<TR>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td78"><P class="p18 ft2">villkor är uppfyllda:</P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p123 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">den har inte försäkringsdistribution som huvudsaklig yrkes- verksamhet,</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">den distribuerar bara vissa försäkringsprodukter som kompletterar en vara eller en tjänst, och</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft33">de berörda försäkringsprodukterna omfattar inte livförsäkring eller ansvarsförsäkring, utom när sådant skydd kompletterar den vara eller tjänst som förmedlaren bedriver som huvudsaklig yrkesverksamhet,</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_531" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="position:absolute;top:321px;left:0px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173531x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV class="dclr"></DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P style="text-align: left;padding-right: 12px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">21.</SPAN><SPAN class="ft38">skadeförsäkring</SPAN>: en försäkring som är hänförlig till någon av de försäkringsklasser som anges i 2 kap. 11 § försäkringsrörelselagen,</P>
<P class="p109 ft2"><SPAN class="ft2">22.</SPAN><SPAN class="ft38">stora risker</SPAN>: det som avses i 3 kap. 16 § andra och tredje styckena försäkringsrörelselagen,</P>
<P class="p105 ft2"><SPAN class="ft2">23.</SPAN><SPAN class="ft38">tjänstepensionsförsäkring</SPAN>: en livförsäkring som har samband med yrkesutövning och där utbetalning av försäkringsbelopp (engångsbelopp eller periodiska utbetalningar) beror av att en eller flera personer uppnår eller förväntas uppnå en viss ålder samt försäkringar som meddelas som tillägg till sådana försäkringar,</P>
<P class="p184 ft3"><SPAN class="ft2">24.</SPAN><SPAN class="ft38">svensk fysisk person och svensk juridisk person</SPAN><SPAN class="ft2">: en fysisk eller juridisk person vars hemland är Sverige,</SPAN></P>
<P class="p65 ft3"><SPAN class="ft2">25.</SPAN><SPAN class="ft53">varaktigt medium</SPAN><SPAN class="ft2">: ett medel som</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">gör det möjligt för kunden att bevara information som riktas till kunden personligen, på ett sätt som är tillgängligt för användning i framtiden under en tid som är lämplig med hänsyn till vad som är avsikten med informationen, och</SPAN></P>
<P class="p499 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft16">tillåter oförändrad återgivning av den bevarade informationen, och 26. </SPAN><SPAN class="ft3">värdland</SPAN>: det land inom EES där en försäkringsförmedlare har en</P>
<P class="p500 ft2">permanent närvaro eller ett etableringsställe eller tillhandahåller tjänster, och som inte är förmedlarens hemland.</P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 7</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">531</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_532" style="position:relative; overflow: hidden;margin: 48px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<TABLE cellpadding=0 cellspacing=0 class="t82">
<TR>
<TD class="tr19 td199"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr19 td103"><P class="p18 ft1">Förteckning över remissinstanserna</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft2">Bilaga 8</P></TD>
<TD class="tr4 td103"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr20 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td103"><P class="p18 ft2">Efter remiss har yttranden kommit in från Datainspektionen, FAR, Finans-</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">bolagens Förening, Finansinspektionen, Fondbolagens förening, Första</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2"><NOBR>AP-fonden,</NOBR> Förvaltningsrätten i Stockholm, Juridiska fakultetsnämnden</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">vid Stockholms universitet, Kammarrätten i Stockholm, Konkurrens-</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">verket, Regelrådet, Revisorsinspektionen, Riksgäldskontoret, Sjätte AP-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">fonden, Skatteverket, Sparbankernas Riksförbund, Statistiska central-</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">byrån, Svensk Sjöfart, Svenska Bankföreningen, Svensk Värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">marknad, Sveriges advokatsamfund och Sveriges riksbank.</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p39 ft2">Därutöver har ett yttrande inkommit från Söderberg & Partners.</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p39 ft31">Följande remissinstanser har inte svarat eller angett att de avstår från att</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">lämna några synpunkter: Andra <NOBR>AP-fonden,</NOBR> Finansförbundet, Fjärde AP-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">fonden, Föreningen för god sed på värdepappersmarknaden, Företagarna,</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">Institutionella ägares förening för regleringsfrågor på värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">marknaden, Justitieombudsmannen, Kollegiet för svensk bolagsstyrning,</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">Konsumenternas Bank- och finansbyrå, Nasdaq Stockholm Aktiebolag,</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft2">Nordic Growth Market NGM Aktiebolag, Näringslivets Regelnämnd</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">(NNR), Sjunde <NOBR>AP-fonden,</NOBR> Spotlight Stock Market, Svensk Försäkring,</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">Svenska försäkringsförmedlares förening, Svenska skeppshypoteks-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">kassan, Svenskt Näringsliv, Swedish Private Equity & Venture Capital</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td103"><P class="p18 ft31">Association (SVCA), The Swedish Financial Technology Association och</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2">Tredje <NOBR>AP-fonden.</NOBR></P></TD>
</TR>
</TABLE>
<P style="text-align: left;margin-top: 407px;margin-bottom: 0px;" class="ft2">532</P>
</DIV>
<DIV id="page_533" style="position:relative; overflow: hidden;margin: 53px 0px 76px 63px;padding: 0px;border: none;width: 511px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 511px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 411px;overflow: hidden;">
<P class="p1010 ft1">Lagrådsremissens lagförslag</P>
<P style="text-align: left;padding-left: 5px;padding-right: 62px;margin-top: 33px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2007:528) om värdepappersmarknaden</P>
<P style="text-align: left;padding-left: 5px;padding-right: 13px;padding-top: 2px;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>i fråga om lagen (2007:528) om värdepappersmark- naden</P>
<P style="text-align: right;padding-right: 13px;margin-top: 0px;margin-bottom: 0px;" class="ft2"><SPAN class="ft3">dels </SPAN>att 1 kap. 4 a, 4 b och 5 §§, 3 kap. 6 och 7 §§, 7 kap. 1 §, 8 kap. 4, 5 och 35 §§, 8 a kap. 9 §, 8 b kap. 2 och 4 §§, 12 kap. 7 §, 13 kap. 1 i §, 23 kap. 4 §, 25 kap. 1 d § och rubriken närmast före 3 kap. 7 § ska ha följande lydelse, <SPAN class="ft3">dels </SPAN>att det ska införas fyra nya paragrafer, 8 kap. 1 <NOBR>a–1</NOBR> c och 4 c §§,</P>
<P class="p1010 ft2">och närmast före 8 kap. 4 c § en ny rubrik av följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;margin-left: 5px;margin-top: 16px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr4 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p63 ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap.</SPAN></P>
<P class="p64 ft2">4 a §<SPAN class="ft20">2</SPAN></P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 1px 0px 0px 5px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 205px;overflow: hidden;">
<P class="p65 ft2">I denna lag betyder</P>
<P style="text-align: justify;padding-right: 17px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft24">direktivet om marknader för finansiella instrument</SPAN><SPAN class="ft2">: Europa- parlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument och om ändring av direktiv 2002/92/EG och av direktiv 2011/61/EU, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) </SPAN>2016/1034<SPAN class="ft2">,</SPAN></P>
<P style="text-align: left;padding-right: 17px;margin-top: 4px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">: Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut </SPAN>och värdepappersföretag<SPAN class="ft2">, om ändring av direktiv 2002/87/EG och om</SPAN></P>
<P style="text-align: justify;padding-right: 17px;margin-top: 2px;margin-bottom: 0px;" class="ft2">upphävande av <SPAN class="ft3">direktiv </SPAN>2006/48/EG och 2006/49/EG, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) <SPAN class="ft3">2019/878</SPAN>,</P>
</DIV>
<DIV style="float:left;border:none;margin: 15px 0px 0px 0px;padding: 0px;border:none;width: 188px;overflow: hidden;">
<P class="p69 ft3"><SPAN class="ft24">direktivet om marknader för finansiella instrument</SPAN><SPAN class="ft2">: Europa- parlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument och om ändring av direktiv 2002/92/EG och av direktiv 2011/61/EU, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) </SPAN>2019/2034<SPAN class="ft2">,</SPAN></P>
<P style="text-align: left;margin-top: 4px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">: Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut, om ändring av direktiv 2002/87/EG och om</SPAN></P>
<P class="p71 ft2">upphävande av <SPAN class="ft3">direktiven </SPAN>2006/48/EG och 2006/49/EG, i lydelsen enligt Europaparlamentets</P>
<P class="p759 ft2">och rådets direktiv (EU) <SPAN class="ft3">2019/2034</SPAN>,</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 51px 0px 0px 5px;padding: 0px;border:none;width: 505px;overflow: hidden;">
<P class="p72 ft27"><SPAN class="ft25">1</SPAN><SPAN class="ft26">Jfr Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU, i den ursprungliga lydelsen, och Europaparlamentets och rådets direktiv 2014/65/EU av den 15 maj 2014 om marknader för finansiella instrument och om ändring av direktiv 2002/92/EG och av direktiv 2011/61/EU, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t17">
<TR>
<TD class="tr2 td82"><P class="p18 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2020:1210.</P></TD>
<TD class="tr2 td83"><P class="p16 ft2">533</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_534" style="position:relative; overflow: hidden;margin: 52px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 512px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 398px;overflow: hidden;">
<P class="p103 ft2"><SPAN class="ft3">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för åter- hämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i den ursprungliga lydelsen,</P>
<P class="p737 ft2"><SPAN class="ft3">marknadsmissbruksförordningen</SPAN>: Europaparlamentets och rådets för- ordning (EU) nr 596/2014 av den 16 april 2014 om marknadsmissbruk (marknadsmissbruksförordning) och om upphävande av Europa- parlamentets och rådets direktiv 2003/6/EG och kommissionens direktiv 2003/124/EG, 2003/125/EG och 2004/72/EG,</P>
<P class="p192 ft2"><SPAN class="ft3">prospektförordningen</SPAN>: Europaparlamentets och rådets förordning (EU) 2017/1129 av den 14 juli 2017 om prospekt som ska offentliggöras när värdepapper erbjuds till allmänheten eller tas upp till handel på en reglerad</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=4 class="tr5 td157"><P class="p18 ft2">marknad, och om upphävande av direktiv 2003/71/EG,</P></TD>
<TD class="tr5 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p39 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td65"><P class="p108 ft2">Europa-</P></TD>
<TD colspan=3 class="tr4 td118"><P class="p48 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td62"><P class="p16 ft2">Europa-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD class="tr5 td60"><P class="p18 ft2">(EU) nr 575/2013 av</P></TD>
<TD class="tr5 td65"><P class="p108 ft2">den 26 juni</P></TD>
<TD colspan=3 class="tr5 td118"><P class="p18 ft2">(EU) nr 575/2013 av den</P></TD>
<TD class="tr5 td62"><P class="p16 ft2">26 juni</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft3"><SPAN class="ft2">institut </SPAN>och värdepappersföretag</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">institut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft2">förordning (EU) nr 648/2012,</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft2">nr 648/2012,</P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p48 ft24">värdepappersbolagsförord-</P></TD>
</TR>
<TR>
<TD class="tr5 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft3"><SPAN class="ft24">ningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=3 class="tr5 td224"><P class="p16 ft3">Europaparlamentets och</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft21">rådets förordning (EU) 2019/2033 av</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft3">den 27 november 2019 om tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr5 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft3">krav för värdepappersföretag och</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td204"><P class="p18 ft3">om ändring av</P></TD>
<TD colspan=2 class="tr4 td117"><P class="p16 ft3">förordningarna</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft3">(EU)</P></TD>
<TD colspan=2 class="tr4 td77"><P class="p43 ft3">nr 1093/2010,</P></TD>
<TD class="tr4 td62"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr5 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft21">nr 575/2013, (EU) nr 600/2014 och</P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td118"><P class="p18 ft3">(EU) nr 806/2014,</P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td60"><P class="p39 ft3">öppenhetsdirektivet<SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=2 class="tr4 td79"><P class="p24 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td98"><P class="p81 ft2">och</P></TD>
<TD class="tr4 td149"><P class="p18 ft2">rådets</P></TD>
<TD class="tr4 td62"><P class="p16 ft2">direktiv</P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-right: 5px;margin-top: 1px;margin-bottom: 0px;" class="ft2">2004/109/EG av den 15 december 2004 om harmonisering av insynskraven angående upplysningar om emittenter vars värdepapper är upptagna till handel på en reglerad marknad och om ändring av direktiv 2001/34/EG, i lydelsen enligt Europaparlamentets och rådets direktiv 2013/50/EU.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 19px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P class="p367 ft2">4 b §<SPAN class="ft20">3</SPAN></P>
<P class="p474 ft2">I denna lag betyder</P>
<P class="p490 ft2"><SPAN class="ft3">anknutet ombud</SPAN>: en fysisk eller juridisk person som har träffat avtal med ett svenskt värdepappersinstitut eller ett utländskt värdepappersföretag som hör hemma inom EES om att för bara detta instituts eller företags räkning</P>
<P class="p474 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">marknadsföra investerings- eller sidotjänster,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">ta emot eller vidarebefordra instruktioner eller order avseende investeringstjänster eller finansiella instrument,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 style="width: 244px;margin-top: 29px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p278 ft2">534</P></TD>
<TD class="tr2 td134"><P class="p279 ft27"><SPAN class="ft48">3 </SPAN>Senaste lydelse 2017:679.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_535" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p65 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">placera finansiella instrument, eller</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">tillhandahålla investeringsrådgivning avseende dessa instrument eller tjänster,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft3">behörig myndighet</SPAN>: i Sverige Finansinspektionen och i särskilt angivna fall Bolagsverket och i övrigt en utländsk myndighet som har behörighet att utöva tillsyn över utländska värdepappersföretag och företag som driver en reglerad marknad eller annan motsvarande marknad eller som har behörighet att utöva tillsyn över emittenter vars överlåtbara värde- papper är upptagna till handel på en reglerad marknad,</P>
<P class="p184 ft2"><SPAN class="ft3">börs</SPAN>: ett svenskt aktiebolag eller en svensk ekonomisk förening som har fått tillstånd enligt denna lag att driva en eller flera reglerade marknader,</P>
<P class="p109 ft2"><SPAN class="ft3">clearingdeltagare</SPAN>: den som får delta i clearingverksamheten hos en clearingorganisation,</P>
<P class="p116 ft2"><SPAN class="ft3">clearingorganisation</SPAN>: ett företag som har fått tillstånd enligt 19 kap. eller Europaparlamentets och rådets förordning (EU) nr 648/2012,</P>
<P class="p116 ft2"><SPAN class="ft3">emittent</SPAN>: i fråga om aktier aktiebolaget och i fråga om annat finansiellt instrument utgivaren eller utfärdaren av instrumentet,</P>
<P class="p103 ft3">godkänd rapporteringsmekanism <NOBR>(ARM-leverantör)<SPAN class="ft2">:</SPAN></NOBR><SPAN class="ft2"> en fysisk eller juridisk person som har tillstånd att för värdepappersinstituts räkning rapportera uppgifter om transaktioner till behöriga myndigheter eller Europeiska värdepappers- och marknadsmyndigheten,</SPAN></P>
<P class="p239 ft3">godkänt publiceringsarrangemang <NOBR>(APA-leverantör)<SPAN class="ft2">:</SPAN></NOBR><SPAN class="ft2"> en fysisk eller juridisk person som har tillstånd att för värdepappersinstituts räkning publicera rapporter om värdepappershandeln enligt artiklarna 20 och 21 i förordningen om marknader för finansiella instrument,</SPAN></P>
<P class="p240 ft2"><SPAN class="ft3">handelsplats</SPAN>: en reglerad marknad, en multilateral handelsplattform <NOBR>(MTF-plattform)</NOBR> eller en organiserad handelsplattform <NOBR>(OTF-plattform),</NOBR></P>
<P class="p87 ft2"><SPAN class="ft3">handelsplattform</SPAN>: en <NOBR>MTF-plattform</NOBR> eller en <NOBR>OTF-plattform,</NOBR></P>
<P class="p446 ft2"><SPAN class="ft3">kreditinstitut</SPAN>: en bank, ett kreditmarknadsföretag eller ett utländskt bank- eller kreditföretag som driver bank- eller finansieringsrörelse från filial i Sverige,</P>
<P class="p105 ft3">leverantör av datarapporteringstjänster<SPAN class="ft2">: en godkänd rapporterings- mekanism </SPAN><NOBR><SPAN class="ft2">(ARM-leverantör),</SPAN></NOBR><SPAN class="ft2"> ett godkänt publiceringsarrangemang </SPAN><NOBR><SPAN class="ft2">(APA-leverantör)</SPAN></NOBR><SPAN class="ft2"> eller en tillhandahållare av konsoliderad handels- information </SPAN><NOBR><SPAN class="ft2">(CTP-leverantör),</SPAN></NOBR></P>
<P style="text-align: justify;padding-left: 205px;padding-right: 12px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft24">litet och </SPAN><NOBR><SPAN class="ft24">icke-sammanlänkat</SPAN></NOBR><SPAN class="ft24"> värdepappersbolag</SPAN>: ett värdepap- persbolag som anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepap- persföretag enligt artikel 12.1 i värdepappersbolagsförordningen,</P>
<P class="p115 ft2"><SPAN class="ft3">marknadsgarant</SPAN>: en person som på fortlöpande basis åtagit sig att på finansiella marknader handla för egen räkning genom att köpa och sälja finansiella instrument med utnyttjande av egna tillgångar till priser som fastställts av denne,</P>
<P class="p115 ft2"><SPAN class="ft3">marknadsoperatör</SPAN>: en börs eller en eller flera juridiska personer i ett annat land inom EES som driver en eller flera reglerade marknader,</P>
<P class="p103 ft2"><NOBR><SPAN class="ft3">MTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som sammanför flera tredjeparters köp- och säljintressen i finansiella instrument – inom systemet och i enlighet med icke skönsmässiga regler – så att det leder till ett kontrakt,</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">535</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_536" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">536</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p124 ft2"><NOBR><SPAN class="ft3">OTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som inte är en reglerad marknad eller en <NOBR>MTF-plattform,</NOBR> och inom vilket flera tredje- parters köp- och säljintressen i obligationer, strukturerade finansiella produkter, utsläppsrätter eller derivat kan interagera inom systemet så att det leder till ett kontrakt,</P>
<P class="p87 ft2"><SPAN class="ft3">professionell kund</SPAN>: en sådan kund som avses i 9 kap. 4 eller 5 §,</P>
<P class="p121 ft2"><SPAN class="ft3">reglerad marknad</SPAN>: ett multilateralt system inom EES som sammanför eller möjliggör sammanförande av ett flertal köp- och säljintressen i finansiella instrument från tredjepart – regelmässigt, inom systemet och i enlighet med icke skönsmässiga regler – så att det leder till ett kontrakt,</P>
<P class="p87 ft2"><SPAN class="ft3">statlig emittent</SPAN>: någon av följande som emitterar skuldinstrument:</P>
<P class="p65 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">Europeiska unionen,</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">en stat inom EES, inbegripet förvaltningar, organ eller en särskild funktion i staten,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">när det gäller en federal stat inom EES, en delstat i federationen,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">en särskild funktion för flera stater inom EES,</SPAN></P>
<P class="p124 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">en internationell finansinstitution som etablerats av minst två stater inom EES och vars mål är att ordna finansiering och tillhandahålla finansiellt bistånd till de stater som har eller riskerar att få allvarliga finansieringsproblem, och</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">Europeiska investeringsbanken,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft3">systematisk internhandlare</SPAN>: ett värdepappersinstitut som i en organiserad, frekvent, systematisk och väsentlig omfattning handlar för egen räkning när det utför kundorder utanför en reglerad marknad eller en handelsplattform utan att utnyttja ett multilateralt system,</P>
<P class="p996 ft21">tillhandahållare av konsoliderad handelsinformation <NOBR>(CTP-leverantör)<SPAN class="ft31">:</SPAN></NOBR><SPAN class="ft31"> en fysisk eller juridisk person som har tillstånd för att samla in rapporter om handeln med de finansiella instrument som anges i artiklarna 6, 7, 10, 12, 13, 20 och 21 i förordningen om marknader för finansiella instrument från handelsplatser och från en eller flera </SPAN><NOBR><SPAN class="ft31">APA-leverantörer</SPAN></NOBR><SPAN class="ft31"> samt konsoli- dera rapporterna till ett kontinuerligt elektroniskt informationsflöde med uppgifter om priser och volymer per finansiellt instrument,</SPAN></P>
<P class="p832 ft3">tillväxtmarknad för små och medelstora företag<SPAN class="ft2">: en </SPAN><NOBR><SPAN class="ft2">MTF-plattform</SPAN></NOBR><SPAN class="ft2"> som är registrerad som en tillväxtmarknad för små och medelstora företag hos Finansinspektionen enligt 11 kap. </SPAN><NOBR><SPAN class="ft2">13–15</SPAN></NOBR><SPAN class="ft2"> §§ eller hos en behörig myndighet i ett annat land inom EES,</SPAN></P>
<P class="p832 ft2"><SPAN class="ft3">utländskt kreditinstitut</SPAN>: ett kreditinstitut enligt 1 kap. 5 § första stycket 21 lagen (2004:297) om bank- och finansieringsrörelse,</P>
<P class="p124 ft2"><SPAN class="ft3">utländskt värdepappersföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva värdepappersrörelse,</P>
<P class="p996 ft2"><SPAN class="ft3">värdepappersbolag</SPAN>: ett svenskt aktiebolag som har fått tillstånd enligt denna lag att driva värdepappersrörelse och som inte är ett bankaktiebolag eller ett kreditmarknadsbolag enligt lagen om bank- och finansierings-</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td50"><P class="p18 ft2">rörelse,</P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td101"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft3"><SPAN class="ft24">värdepapperscentral</SPAN><SPAN class="ft2">: en värde-</SPAN></P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td44"><P class="p16 ft3"><SPAN class="ft24">värdepapperscentral</SPAN><SPAN class="ft2">: en värde-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">papperscentral enligt definitionen i</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">papperscentral enligt definitionen i</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">artikel 2.1.1 i förordningen om</P></TD>
<TD colspan=2 class="tr5 td148"><P class="p18 ft2">artikel 2.1.1</P></TD>
<TD colspan=2 class="tr5 td78"><P class="p16 ft2">i förordningen om</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">värdepapperscentraler, <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=3 class="tr4 td92"><P class="p18 ft2">värdepapperscentraler,</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr14 td307"><P class="p18 ft75">värdepappersinriktat</P></TD>
<TD class="tr14 td308"><P class="p16 ft67">holding-</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td148"><P class="p18 ft3"><SPAN class="ft24">företag</SPAN>: ett</P></TD>
<TD colspan=2 class="tr5 td78"><P class="p16 ft21">värdepappersinriktat</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft21">holdingföretag enligt definitionen i</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_537" style="position:relative; overflow: hidden;margin: 53px 0px 77px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p508 ft3">artikel 4.1.23 i värdepappers- bolagsförordningen, och</P>
<P class="p103 ft2"><SPAN class="ft3">värdepappersinstitut</SPAN>: ett värdepappersbolag, ett svenskt kreditinstitut som har fått tillstånd enligt denna lag att driva värdepappersrörelse eller ett utländskt företag som driver värdepappersrörelse från filial i Sverige eller genom att använda anknutna ombud etablerade i Sverige.</P>
<P class="p106 ft2">5 §<SPAN class="ft20">4</SPAN></P>
<P class="p87 ft2">I denna lag betyder</P>
<P class="p105 ft2"><SPAN class="ft3">algoritmisk handel</SPAN>: handel med finansiella instrument där en dator- algoritm automatiskt bestämmer enskilda orderparametrar med begränsat</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">eller inget mänskligt ingripande,</P></TD>
<TD class="tr4 td97"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td101"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft2"><SPAN class="ft24">betydande filial</SPAN>: en filial som är</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2"><SPAN class="ft24">betydande filial</SPAN>: en filial som är</P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft2">betydande</P></TD>
<TD colspan=2 class="tr4 td96"><P class="p108 ft2">enligt artikel 51.1 i</P></TD>
<TD class="tr4 td97"><P class="p18 ft2">betydande</P></TD>
<TD class="tr4 td98"><P class="p77 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p16 ft2">artikel 51.1 i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td99"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td74"><P class="p107 ft2">och rådets</P></TD>
<TD colspan=2 class="tr5 td100"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td101"><P class="p16 ft2">och rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">2013 om behörighet att utöva verk-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">2013 om behörighet att utöva verk-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">samhet i kreditinstitut och om sär-</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft2">samhet i kreditinstitut och om sär-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">skild tillsyn av kreditinstitut <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">skild tillsyn av kreditinstitut, om</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">, om ändring av</SPAN></P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">ändring av direktiv 2002/87/EG och</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">direktiv 2002/87/EG och om upp-</P></TD>
<TD colspan=2 class="tr5 td100"><P class="p18 ft2">om upphävande</P></TD>
<TD class="tr5 td6"><P class="p18 ft2">av</P></TD>
<TD class="tr5 td101"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft2">hävande av</P></TD>
<TD class="tr4 td102"><P class="p43 ft3">direktiv</P></TD>
<TD class="tr4 td74"><P class="p107 ft2">2006/48/EG</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">2006/48/EG och 2006/49/EG, i <SPAN class="ft3">lyd-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">och 2006/49/EG, i <SPAN class="ft3">den ursprung-</SPAN></P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft21">elsen enligt Europaparlamentets och</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td99"><P class="p18 ft3">liga lydelsen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td74"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft3">rådets direktiv (EU) 2019/2034<SPAN class="ft2">,</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td99"><P class="p39 ft24">blandat finansiellt</P></TD>
<TD class="tr4 td74"><P class="p108 ft30">holdingföre-</P></TD>
<TD class="tr4 td97"><P class="p39 ft24">blandat</P></TD>
<TD colspan=2 class="tr4 td97"><P class="p18 ft24">finansiellt</P></TD>
<TD class="tr4 td101"><P class="p16 ft30">holdingföre-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2"><SPAN class="ft24">tag</SPAN>: ett holdingföretag enligt</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2"><SPAN class="ft24">tag</SPAN>: ett holdingföretag enligt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft3">artikel 4.1.21 i tillsynsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft21">artikel 4.1.40 i värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td100"><P class="p18 ft3">förordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td101"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p105 ft3">blandat finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotter- företag till ett</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">kreditinstitut, värdepappersbolag eller </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p109 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">annat blandat finansiellt holdingföretag eller ett finansiellt holding- företag som är etablerat i något annat land inom EES,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft3">börshandlad fond</SPAN>: en fond där minst en andels- eller aktieklass handlas hela dagen på minst en handelsplats och med minst en marknadsgarant som vidtar åtgärder för att säkerställa att andels- eller aktiepriset på handelsplatsen inte i betydande grad skiljer sig från dess nettotillgångs- värde och, i tillämpliga fall, från dess preliminära nettotillgångsvärde,</P>
<P class="p105 ft2"><SPAN class="ft3">direkt elektroniskt tillträde</SPAN>: ett handelsplatsarrangemang där en del- tagare på en handelsplats ger en person tillåtelse att använda deltagarens handelskod så att personen elektroniskt kan vidarebefordra order avseende ett finansiellt instrument direkt till handelsplatsen,</P>
<P class="p132 ft2"><SPAN class="ft3">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P style="text-align: left;padding-right: 12px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft31"><NOBR><SPAN class="ft21">EES-institut</SPAN>:</NOBR> ett utländskt kreditinstitut eller ett utländskt värdepappers- företag som är hemmahörande i något annat land inom EES än Sverige,</P>
<P class="p392 ft29"><SPAN class="ft25">4</SPAN><SPAN class="ft32">Senaste lydelse 2017:679.</SPAN></P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">537</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_538" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:278px;left:342px;width:64px;height:15px;"><SPAN class="ft24">kapitalbas</SPAN><SPAN class="ft2">:</SPAN></DIV>
<DIV style="position:absolute;top:293px;left:330px;width:190px;height:30px;"><SPAN class="ft3">1. för andra värdepappersbolag än sådana som avses i 1 kap. 2 §</SPAN></DIV>
<DIV style="position:absolute;top:324px;left:330px;width:190px;height:90px;"><SPAN class="ft3">första</SPAN><SPAN style="padding-left:92px;"><SPAN class="ft3">stycket 7 </SPAN><NOBR><SPAN class="ft3">c</SPAN><SPAN class="ft2">–</SPAN><SPAN class="ft3">f</SPAN></NOBR><SPAN class="ft3"> lagen (2014:968) om särskild till- syn över kreditinstitut och värde- pappersbolag, detsamma som i artikel 9 i värdepappersbolagsför- ordningen,</SPAN></SPAN></DIV>
<DIV style="position:absolute;top:416px;left:330px;width:190px;height:45px;"><SPAN class="ft3">2. för övriga företag, </SPAN><SPAN class="ft2">detsamma som i artikel 72 i tillsynsförord- ningen,</SPAN></DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">538</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: left;padding-right: 63px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft3">filial</SPAN>: ett avdelningskontor med självständig förvaltning, varvid även ett utländskt värdepappersföretags etablering av flera driftställen i Sverige ska</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td109"><P class="p18 ft2">anses som en enda filial,</P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p39 ft3"><SPAN class="ft24">finansiellt holdingföretag</SPAN><SPAN class="ft2">: ett</SPAN></P></TD>
<TD class="tr4 td110"><P class="p16 ft3"><SPAN class="ft24">finansiellt holdingföretag</SPAN><SPAN class="ft2">: ett</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">holdingföretag enligt <SPAN class="ft3">artikel 4.1.20 i</SPAN></P></TD>
<TD class="tr5 td110"><P class="p16 ft31">holdingföretag enligt <SPAN class="ft21">artikel 4.1.16 i</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft3">tillsynsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td110"><P class="p18 ft3">värdepappersbolagsförordningen<SPAN class="ft2">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p39 ft3"><SPAN class="ft24">finansiellt institut</SPAN><SPAN class="ft2">: ett finansiellt</SPAN></P></TD>
<TD class="tr4 td110"><P class="p16 ft3"><SPAN class="ft24">finansiellt institut</SPAN><SPAN class="ft2">: ett finansiellt</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft3"><SPAN class="ft2">institut enligt </SPAN>artikel 4.1.26 i till-</P></TD>
<TD class="tr5 td110"><P class="p16 ft21"><SPAN class="ft31">institut enligt </SPAN>artikel 4.1.14 i värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft3">synsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td110"><P class="p18 ft3">pappersbolagsförordningen<SPAN class="ft2">,</SPAN></P></TD>
</TR>
</TABLE>
<P class="p121 ft3">finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">kreditinstitut, värdepappersbolag eller </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p122 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">annat finansiellt holdingföretag eller ett blandat finansiellt holding- företag som är etablerat i något land inom EES,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft3">hemland</SPAN>: det land där ett företag har fått tillstånd att driva sådan verk- samhet som avses i denna lag,</P>
<P class="p122 ft3">holdingföretag med blandad verksamhet<SPAN class="ft2">: holdingföretag enligt artikel 4.1.22 i tillsynsförordningen,</SPAN></P>
<P style="text-align: left;padding-right: 272px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft24">kapitalbas</SPAN>: detsamma som i artikel 72 i tillsynsförordningen,</P>
<P style="text-align: left;padding-left: 11px;margin-top: 154px;margin-bottom: 0px;" class="ft3">koncern<SPAN class="ft2">:</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">i 8 a, 8 b och 25 b kap., detsamma som i 2 kap. 1 § lagen (2015:1016) om resolution,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">i övriga kapitel, detsamma som i 1 kap. 11 och 12 §§ aktiebolags- lagen (2005:551), varvid det som sägs om moderbolag tillämpas även på andra juridiska personer än aktiebolag,</SPAN></P>
<P class="p996 ft2"><SPAN class="ft3">koncernåterhämtningsplan</SPAN>: en plan som upprättats av ett moderföretag inom EES i syfte att identifiera åtgärder som de företag i en grupp som omfattas av gruppbaserad tillsyn avser att vidta för att bevara eller återställa koncernens eller ett i koncernen ingående värdepappersbolags eller utländskt värdepappersföretags finansiella ställning och livskraft efter en betydande försämring av den finansiella situationen,</P>
<P class="p832 ft2"><SPAN class="ft3">kvalificerat innehav</SPAN>: ett direkt eller indirekt ägande i ett företag, om innehavet beräknat på det sätt som anges i 5 a § representerar tio procent eller mer av kapitalet eller av samtliga röster eller annars möjliggör ett väsentligt inflytande över ledningen av företaget,</P>
<P class="p121 ft2"><SPAN class="ft3">likvid marknad</SPAN>: en marknad för ett finansiellt instrument eller en klass av finansiella instrument, där det ständigt finns beredda och villiga köpare och säljare, enligt en bedömning utifrån</P>
<P class="p122 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">den genomsnittliga transaktionsfrekvensen och transaktionsvolymen under ett antal marknadsvillkor,</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_539" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p65 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">antalet och typen av marknadsaktörer, och</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">den genomsnittliga storleken på skillnader mellan köp- och säljkurser (spreadar),</SPAN></P>
<P class="p87 ft3">matchad principalhandel<SPAN class="ft2">: en transaktion</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">där en mellanhand träder in mellan köpare och säljare på ett sådant sätt att mellanhanden under transaktionens utförande aldrig exponeras för marknadsrisk,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">där båda sidor av transaktionen genomförs samtidigt, och</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">som genomförs till ett pris som innebär att mellanhanden inte gör någon vinst eller förlust, förutom tidigare tillkännagivna arvoden eller avgifter för transaktionen,</SPAN></P>
<P class="p103 ft2"><SPAN class="ft3">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moderholdingföretag inom EES eller ett blandat finansiellt moderholding- företag inom EES,</P>
<P class="p105 ft2"><SPAN class="ft3">moderinstitut inom EES</SPAN>: ett kreditinstitut, värdepappersbolag eller EES- institut som är ett moderföretag och som inte självt är ett dotterföretag till ett</P>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">annat kreditinstitut, värdepappersbolag eller </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p116 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p109 ft2"><SPAN class="ft3">multilateralt system</SPAN>: ett system där flera tredjeparters köp- och sälj- intressen i finansiella instrument kan interagera inom systemet,</P>
<P class="p105 ft2"><SPAN class="ft3">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som ansvarar för att utöva gruppbaserad tillsyn av moderinstitut inom EES och av värde- pappersbolag och kreditinstitut som kontrolleras av finansiella moder- holdingföretag inom EES eller blandade finansiella moderholdingföretag inom EES,</P>
<P class="p115 ft2"><SPAN class="ft3">små och medelstora företag</SPAN>: företag som har ett genomsnittligt börsvärde som understeg 200 miljoner euro beräknat på slutkurser för de tre föregående kalenderåren,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 class="tr5 td50"><P class="p39 ft2"><SPAN class="ft24">startkapital</SPAN>: det kapital som <SPAN class="ft3">för</SPAN></P></TD>
<TD colspan=2 class="tr5 td38"><P class="p39 ft3"><SPAN class="ft24">startkapital</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td14"><P class="p18 ft3">värdepappersföretag</P></TD>
<TD class="tr4 td156"><P class="p18 ft2">avses</P></TD>
<TD class="tr4 td31"><P class="p32 ft2">i</P></TD>
<TD colspan=2 class="tr4 td38"><P class="p39 ft3">1. för andra</P></TD>
<TD colspan=4 class="tr4 td136"><P class="p16 ft3">värdepappersbolag</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td1"><P class="p18 ft2">artikel 4.51 i tillsynsförordningen,</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td85"><P class="p18 ft3">än sådana som avses i 1 kap. 2 §</P></TD>
</TR>
<TR>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td85"><P class="p18 ft21">första stycket 7 c lagen om särskild</P></TD>
</TR>
<TR>
<TD class="tr5 td14"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td85"><P class="p18 ft21">tillsyn över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td85"><P class="p18 ft3">pappersbolag, det kapital som för</P></TD>
</TR>
<TR>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td234"><P class="p18 ft3">värdepappersföretag</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p18 ft3">avses</P></TD>
<TD class="tr4 td16"><P class="p16 ft3">i</P></TD>
</TR>
<TR>
<TD class="tr5 td14"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td85"><P class="p18 ft21">artikel 4.1.18 i värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td38"><P class="p18 ft3">förordningen,</P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td85"><P class="p16 ft3">2. för övriga företag, <SPAN class="ft2">det kapital</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td14"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft2">som</P></TD>
<TD colspan=2 class="tr5 td51"><P class="p18 ft2">avses i artikel 4.51</P></TD>
<TD class="tr5 td131"><P class="p43 ft2">i</P></TD>
<TD colspan=2 class="tr5 td125"><P class="p16 ft31">tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr4 td14"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td38"><P class="p18 ft2">förordningen,</P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td1"><P class="p39 ft3">strukturerad insättning<SPAN class="ft2">: en</SPAN></P></TD>
<TD colspan=2 class="tr4 td177"><P class="p18 ft31">insättning</P></TD>
<TD class="tr4 td18"><P class="p39 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p18 ft2">definitionen</P></TD>
<TD class="tr4 td131"><P class="p81 ft2">i</P></TD>
<TD class="tr4 td16"><P class="p16 ft2">2 §</P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-right: 13px;margin-top: 1px;margin-bottom: 0px;" class="ft2">lagen (1995:1571) om insättningsgaranti, som måste betalas helt på för- fallodagen enligt villkor som innebär att eventuell ränta eller premie ska beräknas utifrån</P>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">ett index eller en kombination av index, med undantag för ränteindex,</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">ett finansiellt instrument eller en kombination av finansiella instru- ment,</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">en råvara eller en kombination av råvaror eller andra </SPAN><NOBR>icke-fungibla</NOBR> tillgångar,</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">539</P>
</DIV>
</DIV>
</DIV>
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<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">540</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p65 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">en valutakurs eller en kombination av valutakurser, eller</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">andra faktorer,</SPAN></P>
<P class="p123 ft3">strukturerade finansiella produkter<SPAN class="ft2">: detsamma som i artikel 2.1.28 i förordningen om marknader för finansiella instrument,</SPAN></P>
<P class="p122 ft3">teknik för algoritmisk högfrekvenshandel<SPAN class="ft2">: en teknik för algoritmisk handel som kännetecknas av</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">att infrastrukturen är avsedd att minimera fördröjning (latens) genom samlokalisering, närvärdskap eller elektroniskt höghastighetstillträde,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">att systemet beslutar när en order ska initieras, genereras, styras eller utföras utan mänsklig medverkan för enskilda handelstransaktioner eller enskilda order, och</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">stor mängd intradagsmeddelanden som utgör order, bud eller annulle- ringar,</SPAN></P>
<P class="p87 ft3">varaktigt medium<SPAN class="ft2">: ett medel som</SPAN></P>
<P class="p124 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">gör det möjligt för kunden att bevara information som riktas till denne personligen på ett sätt som är tillgängligt för användning i framtiden och under en tid som är lämplig med hänsyn till vad som är avsikten med informationen, och</SPAN></P>
<P class="p125 ft31"><SPAN class="ft2">2.</SPAN><SPAN class="ft34">möjliggör oförändrad återgivning av den bevarade informationen, och </SPAN><SPAN class="ft21">återhämtningsplan</SPAN>: en plan som upprättas av ett värdepappersbolag i syfte att vidta åtgärder som bolaget avser att vidta för att bevara eller återställa sin finansiella ställning och livskraft efter en betydande försämring av den</P>
<P class="p102 ft2">finansiella situationen.</P>
<P style="text-align: left;padding-left: 179px;margin-top: 16px;margin-bottom: 0px;" class="ft22">3 kap.</P>
<P class="p455 ft2">6 §<SPAN class="ft20">5</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td50"><P class="p30 ft2">Ett värdepappersbolag ska <SPAN class="ft3">när</SPAN></P></TD>
<TD class="tr4 td85"><P class="p48 ft2">Ett värdepappersbolag ska ha ett</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p30 ft21">verksamheten påbörjas <SPAN class="ft31">ha ett start-</SPAN></P></TD>
<TD class="tr4 td85"><P class="p18 ft2">startkapital som vid tidpunkten för</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p30 ft2">kapital som vid tidpunkten för</P></TD>
<TD class="tr5 td85"><P class="p18 ft2">beslut om tillstånd motsvarar</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p127 ft2">beslut om tillstånd motsvarar</P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p122 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">minst 5 000 000 euro om bolagets verksamhet ska innefatta mot- tagande av medel på konto enligt 2 kap. 2 § första stycket 8,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2">2. minst <SPAN class="ft3">730 000 </SPAN>euro om bolaget</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">2. minst <SPAN class="ft3">750 000 </SPAN>euro om bolaget</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2">ska driva verksamhet som avses i</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">ska driva verksamhet som avses i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td152"><P class="p18 ft2">2 kap. 1 § 3<SPAN class="ft3">, </SPAN>6 <SPAN class="ft3">och 8</SPAN>,</P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td110"><P class="p18 ft2">2 kap. 1 § 3 <SPAN class="ft3">eller </SPAN>6,</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td92"><P class="p39 ft2">3. minst <SPAN class="ft3">125 000 </SPAN>euro</P></TD>
<TD class="tr4 td11"><P class="p18 ft2">om</P></TD>
<TD class="tr4 td75"><P class="p108 ft2">inte</P></TD>
<TD class="tr4 td102"><P class="p48 ft2">3. minst</P></TD>
<TD class="tr4 td14"><P class="p16 ft2"><SPAN class="ft3">150 000 </SPAN>euro om inte</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2">högre belopp krävs enligt 1 eller 2,</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">högre belopp krävs enligt 1 eller 2,</P></TD>
</TR>
<TR>
<TD class="tr5 td177"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td7"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td102"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td14"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2">4. minst <SPAN class="ft3">50 000 </SPAN>euro om bolaget</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">4. minst <SPAN class="ft3">75 000 </SPAN>euro om bolaget</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2">ska driva enbart verksamhet som</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">ska driva enbart verksamhet som</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td109"><P class="p108 ft2">avses i 2 kap. 1 § 1 eller 5 och inte</P></TD>
<TD colspan=2 class="tr5 td110"><P class="p16 ft31">avses i 2 kap. 1 § 1<SPAN class="ft21">, 2, 4, </SPAN>5 <SPAN class="ft21">eller 7 </SPAN>och</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2">kommer att inneha kunders medel</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">inte kommer att inneha kunders</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td152"><P class="p18 ft2">eller värdepapper.</P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td110"><P class="p18 ft2">medel eller värdepapper.</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td109"><P class="p108 ft3">Ett värdepappersbolag som avses</P></TD>
<TD colspan=2 class="tr5 td110"><P class="p16 ft3">Startkapitalet ska för värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td177"><P class="p18 ft3">i första</P></TD>
<TD class="tr4 td7"><P class="p32 ft3">stycket 4</P></TD>
<TD class="tr4 td190"><P class="p18 ft3">får</P></TD>
<TD class="tr4 td11"><P class="p18 ft3">som</P></TD>
<TD class="tr4 td75"><P class="p108 ft3">ett</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft3">pappersbolag som avses i första</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td271"><P class="p18 ft3">alternativ till startkapital ha</P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p18 ft3">stycket 1</P></TD>
<TD class="tr4 td14"><P class="p16 ft3">vara sammansatt enligt</P></TD>
</TR>
<TR>
<TD class="tr5 td177"><P class="p39 ft3">1. en</P></TD>
<TD colspan=3 class="tr5 td120"><P class="p18 ft3">ansvarsförsäkring</P></TD>
<TD class="tr5 td75"><P class="p108 ft3">med</P></TD>
<TD class="tr5 td102"><P class="p18 ft3">artikel 72</P></TD>
<TD class="tr5 td14"><P class="p16 ft3">i tillsynsförordningen.</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td152"><P class="p18 ft21">ett försäkringsbelopp</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p112 ft3">om</P></TD>
<TD class="tr4 td75"><P class="p108 ft3">mot-</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft21">För övriga värdepappersbolag ska</P></TD>
</TR>
</TABLE>
<P class="p607 ft29"><SPAN class="ft25">5</SPAN><SPAN class="ft32">Senaste lydelse 2018:1226. Ändringen innebär bl.a. att tredje stycket tas bort.</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_541" style="position:relative; overflow: hidden;margin: 50px 0px 78px 68px;padding: 0px;border: none;width: 506px;">
<TABLE cellpadding=0 cellspacing=0 style="width: 506px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr2 td50"><P class="p18 ft3">svarande minst 1 000 000 euro</P></TD>
<TD class="tr2 td206"><P class="p18 ft3">startkapitalet</P></TD>
<TD class="tr2 td113"><P class="p78 ft21">vara</P></TD>
<TD class="tr2 td107"><P class="p23 ft3">sammansatt</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft3">per skadeståndskrav och minst</P></TD>
<TD class="tr5 td206"><P class="p18 ft3">enligt artikel 9</P></TD>
<TD class="tr5 td113"><P class="p177 ft3">i</P></TD>
<TD class="tr5 td107"><P class="p23 ft21">värdepappers-</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 9</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft3">1 500 000 euro per år för samtliga</P></TD>
<TD colspan=2 class="tr4 td76"><P class="p18 ft3">bolagsförordningen<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td107"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft3">skadeståndskrav,</P></TD>
<TD class="tr4 td206"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td107"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-right: 316px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft3">2.</SPAN><SPAN class="ft38">en garanti eller liknande ut- fästelse som ger ett motsvarande skydd, eller</SPAN></P>
<P style="text-align: justify;padding-right: 317px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft3">3.</SPAN><SPAN class="ft38">en kombination av startkapital och försäkring eller garanti eller liknande utfästelse som ger ett motsvarande skydd.</SPAN></P>
<P style="text-align: justify;padding-right: 311px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft21">Om värdepappersbolaget är registrerat som försäkringsför- medlare enligt 2 kap. 3 § lagen (2018:1219) om försäkringsdistri- bution, gäller dock i stället för första stycket 4 att bolaget ska ha ett startkapital som motsvarar minst 25 000 euro eller ha en ansvars- försäkring eller en garanti eller liknande utfästelse som täcker den skadeståndsskyldighet som kan upp- komma till följd av verksamheten. Antingen ska försäkringsbeloppet uppgå till motsvarande minst 500 000 euro per skadeståndskrav och minst 750 000 euro per år för samtliga skadeståndskrav eller ska bolaget ha en kombination av start- kapital och försäkring eller garanti eller liknande utfästelse som ger ett motsvarande skydd.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 393px;margin-top: 35px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td50"><P class="p18 ft24">Kapitalkrav under pågående</P></TD>
<TD class="tr2 td112"><P class="p18 ft3"><SPAN class="ft24">Kapitaltäckning</SPAN><SPAN class="ft20">6</SPAN></P></TD>
<TD class="tr2 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft24">verksamhet</P></TD>
<TD class="tr4 td112"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr13 td282"><P class="p257 ft2">7 §<SPAN class="ft20">7</SPAN></P></TD>
<TD class="tr13 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">Bestämmelser om kapitaltäckning</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p39 ft2">Bestämmelser om kapitaltäckning</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft3">och stora exponeringar <SPAN class="ft2">finns i</SPAN></P></TD>
<TD class="tr5 td112"><P class="p18 ft2">finns i</P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft3">förordning (EU) nr 575/2013<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=3 class="tr4 td85"><P class="p39 ft3">– värdepappersbolagsförord-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">lagen (2014:968) om särskild tillsyn</P></TD>
<TD class="tr4 td112"><P class="p18 ft3">ningen,</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">över kreditinstitut och värdepappers-</P></TD>
<TD colspan=2 class="tr5 td118"><P class="p39 ft3">– tillsynsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">bolag och lagen (2014:966) om</P></TD>
<TD class="tr4 td112"><P class="p39 ft2"><SPAN class="ft3">– </SPAN>lagen (2014:968)</P></TD>
<TD class="tr4 td113"><P class="p18 ft2">om</P></TD>
<TD class="tr4 td171"><P class="p16 ft2">särskild</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">kapitalbuffertar.</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p18 ft31">tillsyn över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td112"><P class="p18 ft2">pappersbolag<SPAN class="ft3">, </SPAN>och</P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td112"><P class="p39 ft2"><SPAN class="ft3">– </SPAN>lagen (2014:966)</P></TD>
<TD class="tr4 td113"><P class="p18 ft2">om</P></TD>
<TD class="tr4 td171"><P class="p16 ft2">kapital-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td112"><P class="p18 ft2">buffertar.</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 32px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr4 td251"><P class="p182 ft25">6</P></TD>
<TD style="padding: 0px;margin: 0px;width: 432px;vertical-align: bottom;" class="tr4"><P class="p1 ft29">Senaste lydelse 2017:1144.</P></TD>
<TD rowspan=2 class="tr25 td95"><P class="p16 ft2">541</P></TD>
</TR>
<TR>
<TD class="tr14 td251"><P class="p182 ft25">7</P></TD>
<TD style="padding: 0px;margin: 0px;width: 432px;vertical-align: bottom;" class="tr14"><P class="p1 ft29">Senaste lydelse 2017:1144. Ändringen innebär bl.a. att andra och tredje styckena tas bort.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_542" style="position:relative; overflow: hidden;margin: 52px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 308px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 194px;overflow: hidden;">
<P class="p69 ft3">Kapitalbasen i ett värdepappers- bolag som inte omfattas av bestäm- melserna om kapitaltäckning och stora exponeringar enligt första stycket får inte understiga det belopp som enligt <SPAN class="ft2">6 § </SPAN>krävdes när verksamheten påbörjades<SPAN class="ft2">. </SPAN>Om ett sådant värdepappersbolag har bytt redovisningsvaluta, gäller i stället att kapitalbasen inte får understiga det högsta av de belopp som avses i 6 och 7 §§ lagen (2000:35) om byte av redovisningsvaluta i finansiella företag<SPAN class="ft2">.</SPAN></P>
<P class="p719 ft3">Ett sådant värdepappersbolags alternativ till startkapital enligt 6 § andra eller tredje stycket får inte i värde understiga vad som krävdes när verksamheten påbörjades.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 20px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P class="p144 ft22">7 kap.</P>
<P style="text-align: left;padding-left: 313px;margin-top: 0px;margin-bottom: 0px;" class="ft2">1 §<SPAN class="ft20">8</SPAN></P>
<P class="p474 ft2">Ett värdepappersbolag får inneha bara</P>
<P class="p479 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">egendom som behövs för att</SPAN></P>
<P class="p479 ft2">a) driva värdepappersrörelse, och</P>
<P class="p474 ft2">b) tillhandahålla sidotjänster eller driva sidoverksamhet,</P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD class="tr4 td109"><P class="p108 ft2">2. aktier, andelar och andra finan-</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">2. aktier, andelar och andra finan-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">siella instrument med de begräns-</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">siella instrument med de begräns-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">ningar som anges i <NOBR>2–6</NOBR> §§ <SPAN class="ft3">samt i</SPAN></P></TD>
<TD class="tr4 td110"><P class="p145 ft31">ningar som anges i <NOBR>2–6</NOBR> §§, och</P></TD>
</TR>
</TABLE>
<P class="p489 ft3">förordning (EU) nr 575/2013<SPAN class="ft2">, och</SPAN></P>
<P class="p479 ft2">3. egendom till skyddande av fordran enligt <NOBR>10–12</NOBR> §§.</P>
<P class="p506 ft3">I värdepappersbolagsförord- ningen och tillsynsförordningen finns ytterligare bestämmelser om begränsningar av sådana innehav som avses i första stycket 2.</P>
<P style="text-align: left;padding-left: 306px;margin-top: 19px;margin-bottom: 0px;" class="ft22">8 kap.</P>
<P style="text-align: left;padding-left: 330px;margin-top: 1px;margin-bottom: 0px;" class="ft3">1 a §</P>
<P style="text-align: justify;padding-left: 330px;padding-right: 63px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Bestämmelserna i 3 §, 4 § första och tredje styckena, 4 c och <NOBR>5–8</NOBR> §§ gäller inte för ett litet och icke- sammanlänkat värdepappersbolag.</P>
<P style="text-align: justify;padding-left: 330px;padding-right: 63px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Finansinspektionen får dock be- sluta att 3 § och 4 § tredje stycket ska tillämpas på ett litet och icke- sammanlänkat värdepappersbolag.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 244px;margin-top: 43px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p278 ft2">542</P></TD>
<TD class="tr2 td134"><P class="p279 ft27"><SPAN class="ft48">8 </SPAN>Senaste lydelse 2014:985.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_543" style="position:relative; overflow: hidden;margin: 50px 0px 79px 272px;padding: 0px;border: none;width: 352px;">
<TABLE cellpadding=0 cellspacing=0 style="width: 302px;font: italic 13px 'Times New Roman';">
<TR>
<TD colspan=2 class="tr2 td129"><P class="p39 ft3">Undantaget</P></TD>
<TD colspan=2 class="tr2 td156"><P class="p178 ft3">i första</P></TD>
<TD colspan=2 class="tr2 td156"><P class="p323 ft3">stycket</P></TD>
<TD class="tr2 td88"><P class="p23 ft3">ska</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td228"><P class="p18 ft3">börja tillämpas när värdepappers-</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 9</P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td228"><P class="p18 ft3">bolaget under en sammanhängande</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td153"><P class="p18 ft3">sexmånadersperiod</P></TD>
<TD colspan=2 class="tr4 td68"><P class="p18 ft3">har</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p23 ft21">uppfyllt</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td228"><P class="p18 ft3">kriterierna för att anses vara ett</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td228"><P class="p18 ft3">litet och <NOBR>icke-sammanlänkat</NOBR> värde-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td129"><P class="p18 ft21">pappersbolag.</P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td135"><P class="p1 ft3">1 b §</P></TD>
<TD class="tr18 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td135"><P class="p48 ft3">Om</P></TD>
<TD colspan=5 class="tr4 td220"><P class="p44 ft3">ett värdepappersbolag</P></TD>
<TD class="tr4 td88"><P class="p23 ft21">inte</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr5 td228"><P class="p1 ft3">längre uppfyller kriterierna för att</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td228"><P class="p1 ft3">anses vara ett litet och icke-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td228"><P class="p1 ft3">sammanlänkat värdepappersbolag,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td135"><P class="p1 ft3">ska</P></TD>
<TD class="tr5 td89"><P class="p18 ft3">bolaget</P></TD>
<TD colspan=2 class="tr5 td156"><P class="p244 ft21">snarast</P></TD>
<TD colspan=3 class="tr5 td158"><P class="p23 ft3">underrätta</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td153"><P class="p1 ft3">Finansinspektionen</P></TD>
<TD class="tr4 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft3">och</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p23 ft3">inom</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td129"><P class="p1 ft3">12 månader</P></TD>
<TD class="tr4 td125"><P class="p18 ft3">börja</P></TD>
<TD colspan=3 class="tr4 td18"><P class="p44 ft21">tillämpa</P></TD>
<TD class="tr4 td88"><P class="p23 ft3">de</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td129"><P class="p1 ft3">bestämmelser</P></TD>
<TD class="tr5 td125"><P style="text-align: center;padding-left: 11px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">som</P></TD>
<TD class="tr5 td4"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td156"><P class="p323 ft3">anges</P></TD>
<TD class="tr5 td88"><P class="p23 ft3">i</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 1px;margin-top: 0px;margin-bottom: 0px;" class="ft3">1 a § första stycket.</P>
<P class="p284 ft3">1 c §</P>
<P class="p65 ft3">De värdepappersbolag som avses</P>
<P class="p707 ft3"><SPAN class="ft3">i</SPAN><SPAN class="ft41">1 kap. 2 § första stycket 7 </SPAN><NOBR>c–f</NOBR> lagen (2014:968) om särskild till- syn över kreditinstitut och värde- pappersbolag ska tillämpa 6 kap. <NOBR>1–3</NOBR> och <NOBR>4–7</NOBR> §§ lagen (2004:297) om bank- och finansieringsrörelse,</P>
<P class="p1091 ft3"><SPAN class="ft3">i</SPAN><SPAN class="ft38">stället för 8 kap. </SPAN><NOBR>3–8</NOBR> §§ denna lag. Det som i lagen om bank- och finansieringsrörelse sägs om kreditinstitut ska då avse värde- pappersbolag.</P>
<P class="p331 ft3">För den som ingår i ett sådant värdepappersbolags styrelse eller är dess verkställande direktör, eller är ersättare för någon av dem,</P>
<TABLE cellpadding=0 cellspacing=0 class="t33">
<TR height=0>
<TD width=43px></TD>
<TD width=15px></TD>
<TD width=36px></TD>
<TD width=30px></TD>
<TD width=46px></TD>
<TD width=19px></TD>
</TR>
<TR>
<TD class="tr16 td233"><P class="p18 ft3">gäller</P></TD>
<TD colspan=3 class="tr16 td74"><P class="p424 ft3">även 15 kap.</P></TD>
<TD class="tr16 td156"><P class="p246 ft21">1 <NOBR>a–1</NOBR> c</P></TD>
<TD class="tr16 td143"><P class="p16 ft21">och</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td67"><P class="p18 ft3">8 <NOBR>a–9</NOBR> d §§</P></TD>
<TD class="tr4 td12"><P class="p178 ft21">lagen</P></TD>
<TD class="tr4 td126"><P class="p207 ft3">om</P></TD>
<TD class="tr4 td156"><P class="p292 ft3">bank-</P></TD>
<TD class="tr4 td143"><P class="p16 ft21">och</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td164"><P class="p18 ft3">finansieringsrörelse.</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td67"><P class="p39 ft3">Bolag</P></TD>
<TD class="tr4 td12"><P class="p18 ft3">som</P></TD>
<TD class="tr4 td126"><P class="p29 ft3">avses</P></TD>
<TD colspan=2 class="tr4 td55"><P class="p16 ft3">i 1 kap.</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td67"><P class="p18 ft3">2 § första</P></TD>
<TD colspan=2 class="tr5 td80"><P class="p207 ft3">stycket 7 c</P></TD>
<TD class="tr5 td156"><P class="p246 ft3">lagen</P></TD>
<TD class="tr5 td143"><P class="p16 ft3">om</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft21">särskild</P></TD>
<TD colspan=5 class="tr4 td208"><P class="p16 ft3">tillsyn över kreditinstitut</P></TD>
</TR>
</TABLE>
<P class="p868 ft3">och värdepappersbolag ska tilläm- pa tillsynsförordningen i stället för värdepappersbolagsförordningen.</P>
<P class="p707 ft3">Det som i tillsynsförordningen sägs om kreditinstitut ska då avse värde- pappersbolag.</P>
<P style="text-align: left;padding-left: 281px;margin-top: 32px;margin-bottom: 0px;" class="ft2">543</P>
</DIV>
<DIV id="page_544" style="position:relative; overflow: hidden;margin: 51px 0px 77px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 575px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 15px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td110"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td109"><P class="p255 ft2">4 §<SPAN class="ft20">9</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p29 ft2">Ett värdepappersbolag ska identi-</P></TD>
<TD class="tr4 td109"><P class="p16 ft2">Ett värdepappersbolag ska identi-</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p29 ft2">fiera, mäta, styra, internt rapportera</P></TD>
<TD class="tr4 td109"><P class="p16 ft2">fiera, mäta, styra, internt rapportera</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p29 ft2">och ha kontroll över de risker som</P></TD>
<TD class="tr4 td109"><P class="p16 ft2">och ha kontroll över de risker som</P></TD>
</TR>
<TR>
<TD class="tr5 td110"><P class="p29 ft3">dess rörelse är förknippad med<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr5 td109"><P class="p16 ft3">bolaget är eller kan bli exponerat</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p29 ft2">Bolaget ska se till att det har en</P></TD>
<TD class="tr4 td109"><P class="p16 ft3">för eller som bolaget innebär eller</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p159 ft2">tillfredsställande intern kontroll.</P></TD>
<TD class="tr4 td109"><P class="p16 ft3">kan innebära för andra<SPAN class="ft2">. Bolaget</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td110"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td109"><P class="p16 ft2">ska se till att det har en tillfreds-</P></TD>
</TR>
<TR>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td109"><P style="text-align: right;padding-right: 59px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">ställande intern kontroll.</P></TD>
</TR>
</TABLE>
<P class="p121 ft2">Sådana värdepappersbolag som anges i 8 a kap. 1 § ska också upprätta en återhämtningsplan eller koncernåterhämtningsplan enligt samma</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td109"><P class="p18 ft2">kapitel.</P></TD>
<TD class="tr4 td129"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p39 ft2">Ett värdepappersbolag ska särskilt</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">Ett värdepappersbolag ska särskilt</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">se till att dess <SPAN class="ft3">kreditrisker, </SPAN>mark-</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">se till att dess <SPAN class="ft3">företagsrisker,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft3"><SPAN class="ft2">nadsrisker</SPAN>, operativa risker <SPAN class="ft2">och</SPAN></P></TD>
<TD class="tr4 td129"><P class="p18 ft3">kundrisker,</P></TD>
<TD class="tr4 td174"><P class="p18 ft2">marknadsrisker</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">andra risker sammantagna inte</P></TD>
<TD class="tr4 td129"><P class="p18 ft2">andra risker</P></TD>
<TD class="tr4 td174"><P class="p77 ft2">sammantagna</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">inte</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">medför att dess förmåga att fullgöra</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">medför att dess förmåga att fullgöra</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">sina förpliktelser äventyras. För att</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">sina förpliktelser äventyras. För att</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">uppfylla detta krav ska bolaget ha</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">uppfylla detta krav ska bolaget ha</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">metoder som gör det möjligt att</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">metoder som gör det möjligt att</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">fortlöpande värdera och upprätt-</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">fortlöpande värdera och upprätt-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">hålla ett kapital som till belopp, slag</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">hålla ett kapital som till belopp, slag</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">och fördelning är tillräckligt för att</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">och fördelning är tillräckligt för att</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">täcka arten och nivån på de risker</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">täcka arten och nivån på de risker</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">som bolaget är eller kan komma att</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">som bolaget är eller kan komma att</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">bli exponerat för. Bolaget ska</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">bli exponerat för <SPAN class="ft3">eller som bolaget</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">utvärdera dessa metoder för att</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft3">innebär eller kan innebära för</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">säkerställa att de är heltäckande.</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2"><SPAN class="ft3">andra</SPAN>. Bolaget ska utvärdera dessa</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">metoder för att säkerställa att de är</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td129"><P class="p18 ft2">heltäckande.</P></TD>
<TD class="tr4 td174"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p121 ft2">Ett värdepappersbolag ska på grundval av de metoder som avses i tredje stycket fastställa tillräckliga kapitalbasnivåer.</P>
<P style="text-align: left;padding-left: 203px;margin-top: 16px;margin-bottom: 0px;" class="ft24">Ersättningssystem</P>
<P style="text-align: left;padding-left: 203px;margin-top: 15px;margin-bottom: 0px;" class="ft3">4 c §</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Ett värdepappersbolag ska ha ett ersättningssystem som främjar en sund och effektiv riskhantering.</P>
<P class="p164 ft2">5 §</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 0px 0px 0px 127px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 189px;overflow: hidden;">
<P class="p69 ft2">Ett värdepappersbolags rörelse <SPAN class="ft3">skall </SPAN>organiseras och drivas på ett sådant sätt att bolagets struktur, förbindelser med andra företag och ställning kan överblickas.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 14px;padding: 0px;border:none;width: 190px;overflow: hidden;">
<P class="p69 ft2">Ett värdepappersbolags rörelse <SPAN class="ft3">ska </SPAN>organiseras och drivas på ett sådant sätt att bolagets struktur, <SPAN class="ft3">ansvars- kedjor, </SPAN>förbindelser med andra företag och ställning kan över- blickas.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 46px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P class="p14 ft2">544</P>
</DIV>
<DIV style="float:left;border:none;margin: 3px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p14 ft29"><SPAN class="ft25">9</SPAN><SPAN class="ft32">Senaste lydelse 2020:1210.</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_545" style="position:relative; overflow: hidden;margin: 51px 0px 78px 68px;padding: 0px;border: none;width: 556px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD class="tr2 td132"><P class="p18 ft5"> </P></TD>
<TD colspan=2 style="padding: 0px;margin: 0px;width: 244px;vertical-align: bottom;" class="tr2"><P class="p428 ft2">35 §<SPAN class="ft20">10</SPAN></P></TD>
<TD class="tr2 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td81"><P class="p23 ft2">Regeringen eller den myndighet som regeringen bestämmer får meddela</P></TD>
<TD class="tr4 td227"><P class="p18 ft2">Bilaga 9</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">föreskrifter om</P></TD>
<TD class="tr4 td130"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td132"><P class="p39 ft2">1. vilka</P></TD>
<TD class="tr4 td118"><P class="p108 ft2">åtgärder ett värdepap-</P></TD>
<TD colspan=2 class="tr4 td133"><P class="p39 ft2">1. vilka åtgärder ett</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p23 ft31">värdepap-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p18 ft2">persbolag ska vidta för att uppfylla de</P></TD>
<TD colspan=4 class="tr5 td228"><P class="p23 ft31">persbolag ska vidta för att uppfylla de</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">krav på soliditet och likviditet,</P></TD>
<TD colspan=4 class="tr4 td228"><P class="p23 ft2">krav på soliditet och likviditet,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">riskhantering och genomlysning samt</P></TD>
<TD colspan=3 class="tr4 td134"><P class="p18 ft21"><SPAN class="ft31">riskhantering</SPAN>, ersättningssystem</P></TD>
<TD class="tr4 td68"><P class="p23 ft31">och</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td132"><P class="p18 ft2">riktlinjer</P></TD>
<TD class="tr5 td118"><P class="p107 ft2">och instruktioner som</P></TD>
<TD class="tr5 td130"><P class="p18 ft2">genomlysning</P></TD>
<TD class="tr5 td62"><P class="p18 ft2">samt</P></TD>
<TD colspan=2 class="tr5 td27"><P class="p23 ft2">riktlinjer</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">avses i <NOBR>3–8</NOBR> §§,</P></TD>
<TD class="tr4 td130"><P class="p18 ft2">och instruktioner</P></TD>
<TD class="tr4 td62"><P class="p81 ft2">som</P></TD>
<TD class="tr4 td88"><P class="p80 ft31">avses</P></TD>
<TD class="tr4 td68"><P class="p23 ft2">i</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td118"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td130"><P class="p18 ft2"><NOBR>3–8</NOBR> §§,</P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p91 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft16">värdepappersbolags mångfaldspolicy vid tillsättandet av styrelse samt resurser för introduktion och utbildning av styrelseledamöter,</SPAN></P>
<P class="p91 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">de riktlinjer, regler och rutiner ett värdepappersinstitut ska upprätta och tillämpa enligt 9 §,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">vilka system, resurser och rutiner ett värdepappersinstitut ska ha enligt 10 §,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">vad ett värdepappersinstitut ska iaktta för att uppfylla skyldigheterna</SPAN></P>
<P class="p14 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft17">11 §,</SPAN></P>
<P class="p91 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">de processer för produktgodkännande och översyn ett värdepappers- institut ska ha enligt 13 §,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">den information ett värdepappersinstitut ska lämna enligt 14 § första stycket,</SPAN></P>
<P class="p89 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft17">de arrangemang ett värdepappersinstitut ska ha för att få information och för att förstå egenskaperna hos finansiella instrument och den fast- ställda målgruppen för instrumenten enligt 14 § andra stycket,</SPAN></P>
<P class="p391 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft17">de arrangemang ett värdepappersinstitut som distribuerar finansiella instrument ska ha för urvalet av finansiella instrument och tjänster som erbjuds eller rekommenderas till kunder,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft17">kraven för bedömning av kunskap och kompetens enligt 15 §,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">dokumentation enligt 16 § och hur lång tid dokumentation ska sparas enligt 20 §, och</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">övervakning av handeln och kursbildningen enligt 21 §.</SPAN></P>
<P style="text-align: left;padding-left: 174px;margin-top: 18px;margin-bottom: 0px;" class="ft22">8 a kap.</P>
<P class="p183 ft20"><SPAN class="ft2">9</SPAN><SPAN class="ft17">§</SPAN>11</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td37"><P class="p39 ft2">När</P></TD>
<TD colspan=3 class="tr5 td100"><P class="p448 ft31">Finansinspektionen</P></TD>
<TD class="tr5 td113"><P class="p43 ft2">är</P></TD>
<TD class="tr5 td88"><P class="p108 ft31">den</P></TD>
<TD class="tr5 td137"><P class="p39 ft2">När Finansinspektionen är</P></TD>
<TD class="tr5 td69"><P class="p16 ft2">den</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">samordnande tillsynsmyndigheten,</P></TD>
<TD colspan=2 class="tr4 td85"><P class="p18 ft2">samordnande tillsynsmyndigheten,</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">ska inspektionen se till att samråd</P></TD>
<TD colspan=2 class="tr4 td85"><P class="p18 ft2">ska inspektionen se till att samråd</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td50"><P class="p18 ft2">sker med sådana behöriga myndig-</P></TD>
<TD colspan=2 class="tr5 td85"><P class="p18 ft2">sker med sådana behöriga myndig-</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft2">heter</P></TD>
<TD class="tr4 td135"><P class="p18 ft2">som</P></TD>
<TD class="tr4 td125"><P class="p18 ft2">avses</P></TD>
<TD colspan=3 class="tr4 td138"><P class="p108 ft2">i artikel 116 i</P></TD>
<TD colspan=2 class="tr4 td85"><P class="p18 ft21"><SPAN class="ft31">heter som avses i </SPAN>artikel 48 i värde-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td154"><P class="p18 ft2">kapitaltäckningsdirektivet</P></TD>
<TD class="tr4 td113"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td88"><P class="p108 ft2">de</P></TD>
<TD class="tr4 td137"><P class="p18 ft3">pappersbolagsdirektivet</P></TD>
<TD class="tr4 td69"><P class="p16 ft21">eller</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td72"><P class="p18 ft2">myndigheter</P></TD>
<TD class="tr5 td125"><P class="p178 ft31">som</P></TD>
<TD colspan=2 class="tr5 td7"><P class="p73 ft2">ansvarar</P></TD>
<TD class="tr5 td88"><P class="p108 ft2">för</P></TD>
<TD colspan=2 class="tr5 td85"><P class="p18 ft2">artikel 116 i kapitaltäckningsdirek-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td150"><P class="p18 ft2">betydande filialer.</P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td85"><P class="p18 ft2">tivet och de myndigheter som</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td137"><P class="p18 ft2">ansvarar för betydande filialer.</P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p331 ft2">Inom fyra månader från det att Finansinspektionen eller en annan sam- ordnande tillsynsmyndighet har överlämnat en koncernåterhämtningsplan till de myndigheter som anges i 3 § tredje stycket, ska inspektionen försöka</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 32px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr4 td241"><P class="p29 ft25">10</P></TD>
<TD class="tr4 td336"><P class="p1 ft29">Senaste lydelse 2017:679.</P></TD>
<TD rowspan=2 class="tr25 td302"><P class="p16 ft2">545</P></TD>
</TR>
<TR>
<TD class="tr14 td241"><P class="p29 ft25">11</P></TD>
<TD class="tr14 td336"><P class="p1 ft29">Senaste lydelse 2015:1032.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_546" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 575px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: left;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft2">komma överens med behöriga myndigheter som ingår i tillsynskollegiet för koncernen om</P>
<P class="p65 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">granskningen och bedömningen av koncernåterhämtningsplanen,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">huruvida en återhämtningsplan ska upprättas för ett individuellt värde- pappersbolag eller ett utländskt värdepappersföretag som ingår i koncernen, och</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">tillämpningen av åtgärder som avses i artikel 6.5 och 6.6 i kris- hanteringsdirektivet för att komma till rätta med väsentliga brister i planen eller väsentliga hinder mot att genomföra den.</SPAN></P>
<P class="p122 ft2">Om myndigheterna kommer överens, ska Finansinspektionen i enlighet med överenskommelsen fatta de beslut som behövs.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 15px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD class="tr2 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td141"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td142"><P class="p181 ft22">8 b kap.</P></TD>
<TD class="tr2 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td144"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td142"><P class="p139 ft2">2 §<SPAN class="ft20">12</SPAN></P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td144"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td125"><P class="p39 ft2">Ett</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p18 ft2">avtal</P></TD>
<TD class="tr4 td140"><P class="p37 ft2">om</P></TD>
<TD colspan=2 class="tr4 td145"><P class="p30 ft2">koncerninternt</P></TD>
<TD colspan=2 class="tr4 td146"><P class="p48 ft2">Ett avtal</P></TD>
<TD colspan=2 class="tr4 td113"><P class="p18 ft2">om</P></TD>
<TD class="tr4 td144"><P class="p16 ft2">koncerninternt</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td54"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr4 td132"><P class="p77 ft2">stöd får</P></TD>
<TD colspan=2 class="tr4 td145"><P class="p30 ft2">ingås mellan</P></TD>
<TD class="tr4 td102"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr4 td135"><P class="p77 ft2">stöd</P></TD>
<TD colspan=2 class="tr4 td147"><P class="p16 ft2">får ingås mellan</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">å ena sidan ett moderinstitut i en</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">å ena sidan ett moderinstitut i en</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td148"><P class="p18 ft2">medlemsstat,</P></TD>
<TD class="tr5 td140"><P class="p35 ft2">ett</P></TD>
<TD colspan=2 class="tr5 td145"><P class="p30 ft2">moderinstitut</P></TD>
<TD colspan=2 class="tr5 td146"><P class="p18 ft2">medlemsstat,</P></TD>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft2">ett</P></TD>
<TD class="tr5 td144"><P class="p16 ft2">moderinstitut</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">inom EES, ett finansiellt holding-</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">inom EES, ett finansiellt holding-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td54"><P class="p18 ft2">företag,</P></TD>
<TD class="tr4 td16"><P class="p18 ft2">ett</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p32 ft2">blandat</P></TD>
<TD class="tr4 td65"><P class="p30 ft2">finansiellt</P></TD>
<TD class="tr4 td102"><P class="p18 ft2">företag,</P></TD>
<TD class="tr4 td123"><P class="p18 ft2">ett</P></TD>
<TD colspan=3 class="tr4 td150"><P class="p16 ft2">blandat finansiellt</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td50"><P class="p18 ft2">holdingföretag <SPAN class="ft3">eller </SPAN>ett holding-</P></TD>
<TD colspan=3 class="tr5 td151"><P class="p18 ft2">holdingföretag<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr5 td143"><P class="p37 ft2">ett</P></TD>
<TD class="tr5 td144"><P class="p16 ft2">holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td125"><P class="p18 ft2">företag</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p32 ft2">med</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p18 ft2">blandad</P></TD>
<TD class="tr4 td65"><P class="p30 ft2">verksamhet</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">med blandad verksamhet som är</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p18 ft2">som är etablerat inom EES, och</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">etablerat inom EES <SPAN class="ft3">eller ett värde-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td50"><P class="p18 ft2">å andra sidan ett dotterföretag.</P></TD>
<TD colspan=3 class="tr5 td151"><P class="p18 ft3">pappersinriktat</P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td144"><P class="p16 ft21">holdingföretag<SPAN class="ft31">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">och å andra sidan ett dotterföretag.</P></TD>
</TR>
</TABLE>
<P class="p477 ft2">Ett företag som anges i första stycket och som uppfyller förutsätt- ningarna för ingripande enligt 25 kap. 2 b §, får inte ingå ett avtal om koncerninternt finansiellt stöd.</P>
<P style="text-align: left;padding-left: 311px;margin-top: 16px;margin-bottom: 0px;" class="ft2">4 §<SPAN class="ft20">13</SPAN></P>
<P class="p490 ft2">Finansinspektionen ska godkänna ett avtal om koncerninternt finansiellt stöd, om stödet</P>
<P class="p475 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">i betydande grad avhjälper de finansiella svårigheterna i det företag som tar emot det,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">syftar till att bevara eller återställa den finansiella stabiliteten i koncernen som helhet eller i något av företagen inom koncernen, och</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">inte äventyrar den finansiella stabiliteten i ett eller flera länder inom EES, i synnerhet i det land där det stödgivande företaget finns.</SPAN></P>
<P class="p475 ft2">Dessutom ska följande krav vara uppfyllda med avseende på det stöd- givande företaget:</P>
<P class="p477 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">Det kan antas att ersättningen för stödet kommer att betalas och, om det avser ett lån, även kapitalbeloppet återbetalas. Om stödet ges i form av en garanti eller annan slags säkerhet, tillämpas samma villkor på den skuld som uppkommer ifall garantin eller säkerheten utlöses.</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">Det finansiella stödet ges på sådana villkor att det stödgivande företagets intressen gynnas.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 style="width: 252px;margin-top: 47px;font: 7px 'Times New Roman';">
<TR>
<TD rowspan=2 class="tr7 td127"><P class="p16 ft2">546</P></TD>
<TD class="tr4 td152"><P class="p182 ft39">12</P></TD>
<TD class="tr4 td153"><P class="p1 ft27">Senaste lydelse 2015:1032.</P></TD>
</TR>
<TR>
<TD class="tr9 td152"><P class="p182 ft39">13</P></TD>
<TD class="tr9 td153"><P class="p1 ft27">Senaste lydelse 2020:1210.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_547" style="position:relative; overflow: hidden;margin: 53px 0px 77px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p109 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">Likviditeten eller solvensen i det stödgivande företaget äventyras inte till följd av tillhandahållandet av det finansiella stödet.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR height=0>
<TD width=204px></TD>
<TD width=62px></TD>
<TD width=84px></TD>
<TD width=25px></TD>
<TD width=18px></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft2">4. Det stödgivande företaget upp-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">4. Det stödgivande företaget upp-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft2">fyller de krav som gäller avseende</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">fyller de krav som gäller avseende</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2">kapitalbas och likviditet i kapital-</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft2">kapitalbas och likviditet i <SPAN class="ft3">värde-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">täckningsdirektivet samt de övriga</P></TD>
<TD colspan=2 class="tr4 td208"><P class="p18 ft3">pappersbolagsdirektivet</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft2">krav som gäller enligt artikel 104a i</P></TD>
<TD colspan=2 class="tr4 td208"><P class="p18 ft2">kapitaltäckningsdirektivet</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p16 ft2">samt de</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2"><SPAN class="ft3">samma direktiv </SPAN>vid tidpunkten för</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p16 ft2">övriga krav som gäller enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p185 ft2">det finansiella stödet.</P></TD>
<TD class="tr4 td7"><P class="p18 ft3">artikel 40</P></TD>
<TD colspan=3 class="tr4 td26"><P class="p16 ft3">i värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p18 ft3">direktivet</P></TD>
<TD colspan=2 class="tr4 td150"><P class="p80 ft2"><SPAN class="ft3">eller </SPAN>artikel 104a</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td208"><P class="p18 ft21">kapitaltäckningsdirektivet</P></TD>
<TD class="tr5 td123"><P class="p18 ft2">vid</P></TD>
<TD class="tr5 td131"><P class="p16 ft2">tid-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">punkten för det finansiella stödet.</P></TD>
</TR>
</TABLE>
<P class="p116 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">Det stödgivande företaget uppfyller de krav som gäller för stora exponeringar.</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">Det finansiella stödet leder inte till att de krav som anges i 4 eller 5 inte uppfylls.</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">Möjligheten till resolution av det stödgivande företaget äventyras inte till följd av det finansiella stödet.</SPAN></P>
<P class="p116 ft2">Finansinspektionen får bevilja undantag från kraven i andra stycket 4 och 5.</P>
<P style="text-align: left;padding-left: 188px;padding-right: 189px;margin-top: 18px;margin-bottom: 0px;text-indent: -12px;" class="ft22"><SPAN class="ft35">12</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">7 §</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td50"><P class="p108 ft2">En börs som är aktiebolag <SPAN class="ft3">skall </SPAN>ha</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">En börs som är aktiebolag <SPAN class="ft3">ska </SPAN>ha</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft2">ett aktiekapital som med hänsyn till</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">ett aktiekapital som med hänsyn till</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft31">verksamhetens art och omfattning är</P></TD>
<TD class="tr4 td85"><P class="p16 ft31">verksamhetens art och omfattning är</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2">tillräckligt stort. Vid bedömningen</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">tillräckligt stort. Vid bedömningen</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">av om aktiekapitalet är tillräckligt</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">av om aktiekapitalet är tillräckligt</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft2"><SPAN class="ft3">skall </SPAN>hänsyn tas även till andra</P></TD>
<TD class="tr4 td85"><P class="p16 ft31"><SPAN class="ft21">ska </SPAN>hänsyn tas även till andra finan-</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2">finansiella resurser som börsen har</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">siella resurser som börsen har eller</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">eller kan utnyttja. För en börs som</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">kan utnyttja. För en börs som är</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">är ekonomisk förening gäller det</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">ekonomisk förening gäller det som</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p108 ft2">som sägs om aktiekapital i stället</P></TD>
<TD class="tr5 td85"><P class="p16 ft31">sägs om aktiekapital i stället summan</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">summan av gjorda medlemsinsatser</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">av gjorda medlemsinsatser och</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">och förlagsinsatser.</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">förlagsinsatser.</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2">En börs som driver en handels-</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">En börs som driver en handels-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">plattform <SPAN class="ft3">skall </SPAN>ha ett startkapital</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">plattform <SPAN class="ft3">ska </SPAN>ha ett startkapital</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">enligt 3 kap. 6 § första stycket <SPAN class="ft3">2</SPAN>.</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">enligt 3 kap. 6 § första stycket <SPAN class="ft3">3.</SPAN></P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 176px;margin-top: 19px;margin-bottom: 0px;" class="ft22"><SPAN class="ft35">13</SPAN><SPAN class="ft36">kap.</SPAN></P>
<P style="text-align: left;padding-left: 181px;margin-top: 0px;margin-bottom: 0px;" class="ft2">1 i §<SPAN class="ft20">14</SPAN></P>
<P class="p215 ft31">En börs ska ha regler för minsta tillåtna prisändring för aktier, depåbevis, börshandlade fonder, certifikat och andra liknande finansiella instrument som handlas på en reglerad marknad som börsen driver. Reglerna ska</P>
<P class="p105 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">kalibreras så att de återspeglar det aktuella finansiella instrumentets likviditetsprofil och den genomsnittliga skillnaden mellan köp- och sälj- kurs, med beaktande av möjligheten till rimligt stabila priser utan att i onödan hindra ännu mindre skillnader, och</SPAN></P>
<P class="p577 ft29"><SPAN class="ft25">14</SPAN><SPAN class="ft44">Senaste lydelse 2017:679.</SPAN></P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">547</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_548" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 575px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p123 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">på lämpligt sätt justera minsta tillåtna prisändring för varje finansiellt instrument.</SPAN></P>
<P style="text-align: justify;padding-left: 204px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Reglerna ska inte hindra match- ning av order av stor omfattning på mittpunkten mellan aktuella köp- och säljbud.</P>
<P style="text-align: left;padding-left: 175px;margin-top: 20px;margin-bottom: 0px;" class="ft22"><SPAN class="ft22">23</SPAN><SPAN class="ft23">kap.</SPAN></P>
<P class="p183 ft2">4 §<SPAN class="ft20">15</SPAN></P>
<P class="p122 ft2">Finansinspektionen får när det är nödvändigt genomföra en undersök- ning hos</P>
<P class="p65 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">ett värdepappersinstitut,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">en börs,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">en svensk leverantör av datarapporteringstjänster,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">en clearingorganisation,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">ett sådant utländskt företag som har tillstånd att driva en reglerad marknad från filial i Sverige, och</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft33">en emittent som enligt 16 kap. </SPAN><NOBR>1–3</NOBR> §§ omfattas av skyldigheten enligt samma kapitel att upprätta och offentliggöra regelbunden finansiell informa- tion.</P>
<P class="p121 ft2">Finansinspektionen får även genomföra en undersökning hos ett anknutet ombud eller hos ett företag som har fått i uppdrag av ett värde- pappersinstitut att utföra visst arbete eller vissa funktioner, om det behövs för tillsynen av institutet.</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 63px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft21">Innan en undersökning genomförs hos ett utländskt företag som har inrättat filial enligt 4 kap. 1 § första stycket 1, ska Finansinspektionen samråda med behörig myndighet i det land inom EES som har aukto- riserat det utländska företaget.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 21px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P class="p426 ft22">25 kap.</P>
<P style="text-align: left;padding-left: 305px;margin-top: 0px;margin-bottom: 0px;" class="ft2">1 d §<SPAN class="ft20">16</SPAN></P>
<P class="p490 ft2">Finansinspektionen ska, utöver i de fall som anges i 1 a och 1 b §§, in- gripa mot någon som ingår i ett värdepappersbolags styrelse eller är dess verkställande direktör, eller ersättare för någon av dem, om värdepappers- bolaget</P>
<P class="p478 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">har fått tillstånd att driva värdepappersrörelse genom att lämna falska uppgifter eller på annat otillbörligt sätt,</SPAN></P>
<P class="p536 ft31"><SPAN class="ft2">2.</SPAN><SPAN class="ft34">inte uppfyller kraven i 3 kap. 5 § första stycket eller har tillåtit en styrelseledamot, verkställande direktören eller ersättare för någon av dem att åta sig ett sådant uppdrag i bolaget eller kvarstå i bolaget trots att kraven</SPAN></P>
<P class="p525 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft68">3 kap. 1 § första stycket 5 eller 6 eller någon av 8 kap. 8 </SPAN><NOBR>b–8</NOBR> d §§ eller i föreskrifter som meddelats med stöd av 3 kap. 12 § 2 inte är uppfyllda,</P>
<P class="p474 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">åsidosatt sina skyldigheter enligt 5 kap. 4 §,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 style="width: 252px;margin-top: 44px;font: 7px 'Times New Roman';">
<TR>
<TD rowspan=2 class="tr7 td127"><P class="p16 ft2">548</P></TD>
<TD class="tr4 td152"><P class="p182 ft39">15</P></TD>
<TD class="tr4 td153"><P class="p1 ft27">Senaste lydelse 2017:679.</P></TD>
</TR>
<TR>
<TD class="tr9 td152"><P class="p182 ft39">16</P></TD>
<TD class="tr9 td153"><P class="p1 ft27">Senaste lydelse 2020:1210.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_549" style="position:relative; overflow: hidden;margin: 50px 0px 79px 68px;padding: 0px;border: none;width: 506px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD class="tr2 td81"><P class="p39 ft2">4. inte uppfyller kraven i någon av 8 kap. <NOBR>3–6<SPAN class="ft3">,</SPAN></NOBR><SPAN class="ft3"> </SPAN>8 eller 8 f §§ eller i före-</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p18 ft2">skrifter som meddelats med stöd av 8 kap. 35 § 1,</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 9</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-right: 113px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">i strid med 8 a kap. 2 eller 3 § låter bli att upprätta eller lämna in en återhämtningsplan eller en koncernåterhämtningsplan,</SPAN></P>
<P style="text-align: left;padding-right: 113px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">i strid med 8 b kap. 11 § låter bli att anmäla att koncerninternt finansiellt stöd ska lämnas,</SPAN></P>
<P style="text-align: left;padding-right: 113px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">i strid med 23 kap. 3 c § låter bli att underrätta Finansinspektionen om att värdepappersbolaget fallerar eller sannolikt kommer att fallera,</SPAN></P>
<P style="text-align: left;padding-right: 113px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft17">i strid med 24 kap. 5 § första stycket låter bli att till Finansinspek- tionen anmäla sådana förvärv och avyttringar som avses där,</SPAN></P>
<P style="text-align: justify;padding-right: 113px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft17">i strid med 24 kap. 5 § tredje stycket låter bli att till Finansinspek- tionen anmäla namnen på de ägare som har ett kvalificerat innehav av aktier i bolaget samt storleken på innehaven,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td102"><P class="p39 ft2">10. gör</P></TD>
<TD class="tr5 td65"><P class="p77 ft2">betalningar</P></TD>
<TD class="tr5 td128"><P class="p79 ft2">till</P></TD>
<TD class="tr5 td62"><P class="p108 ft2">inne-</P></TD>
<TD class="tr5 td85"><P class="p18 ft2">10. gör betalningar till innehavare</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">havare av instrument som ingår i</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">av instrument som ingår i bolagets</P></TD>
</TR>
<TR>
<TD class="tr4 td102"><P class="p18 ft2">bolagets</P></TD>
<TD class="tr4 td65"><P class="p18 ft2">kapitalbas i</P></TD>
<TD class="tr4 td128"><P class="p18 ft2">strid</P></TD>
<TD class="tr4 td62"><P class="p107 ft2">med</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">kapitalbas i strid med artikel 28, <SPAN class="ft3">52</SPAN></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft3">8 kap. 3 och 4 §§ lagen (2014:966)</P></TD>
<TD class="tr5 td85"><P class="p18 ft2">eller 63 i tillsynsförordningen, när</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">om kapitalbuffertar eller <SPAN class="ft2">artikel 28,</SPAN></P></TD>
<TD class="tr4 td85"><P class="p18 ft2">dessa artiklar förbjuder sådana</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">51 </SPAN>eller 63 i tillsynsförordningen,</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">betalningar till innehavare av in-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">när dessa artiklar förbjuder sådana</P></TD>
<TD class="tr5 td85"><P class="p18 ft2">strument som ingår i kapitalbasen,</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">betalningar till innehavare av instru-</P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">ment som ingår i kapitalbasen,</P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-right: 113px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">i strid med 28 kap. 1 § lagen (2015:1016) om resolution låter bli att lämna begärda upplysningar till Riksgäldskontoret,</SPAN></P>
<P style="text-align: justify;padding-right: 113px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">har befunnits ansvarigt för en allvarlig, upprepad eller systematisk överträdelse av lagen (2017:630) om åtgärder mot penningtvätt och finansiering av terrorism, eller föreskrifter som meddelats med stöd av den lagen,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD colspan=5 class="tr5 td50"><P class="p107 ft2">13. låter bli att lämna information</P></TD>
<TD colspan=5 class="tr5 td407"><P class="p267 ft2">13. låter bli att lämna information</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p107 ft2">till Finansinspektionen eller lämnar</P></TD>
<TD colspan=5 class="tr4 td407"><P class="p267 ft2">till Finansinspektionen eller lämnar</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p107 ft2">ofullständig eller felaktig informa-</P></TD>
<TD colspan=5 class="tr4 td407"><P class="p267 ft2">ofullständig eller felaktig informa-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p108 ft2">tion om efterlevnaden av skyldig-</P></TD>
<TD colspan=5 class="tr5 td407"><P class="p267 ft2">tion om efterlevnaden av skyldig-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p107 ft2">heten att uppfylla kapitalbaskraven</P></TD>
<TD colspan=5 class="tr4 td407"><P class="p267 ft2">heten att uppfylla kapitalbaskraven</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td125"><P class="p18 ft2">enligt</P></TD>
<TD colspan=4 class="tr4 td271"><P class="p108 ft3">artikel 92 <SPAN class="ft2">i </SPAN>tillsynsförord-</P></TD>
<TD class="tr4 td140"><P class="p18 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p77 ft3">artikel 11</P></TD>
<TD class="tr4 td59"><P class="p80 ft2">i</P></TD>
<TD class="tr4 td99"><P class="p267 ft21">värdepappers-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p107 ft3">ningen<SPAN class="ft2">, i strid med </SPAN>artikel 430.1 <SPAN class="ft2">i</SPAN></P></TD>
<TD colspan=5 class="tr5 td407"><P class="p267 ft21">bolagsförordningen<SPAN class="ft31">, i strid med </SPAN>arti-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td245"><P class="p18 ft2">den förordningen,</P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td407"><P class="p18 ft2"><SPAN class="ft3">kel 54.1 b </SPAN>i den förordningen,</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p107 ft2">14. låter bli att <SPAN class="ft3">rapportera </SPAN>eller</P></TD>
<TD colspan=5 class="tr4 td407"><P class="p267 ft2">14. låter bli att <SPAN class="ft3">lämna information</SPAN></P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td125"><P class="p18 ft2">lämnar</P></TD>
<TD colspan=2 class="tr5 td150"><P class="p32 ft2">ofullständig eller</P></TD>
<TD colspan=2 class="tr5 td102"><P class="p107 ft2">felaktig</P></TD>
<TD colspan=5 class="tr5 td407"><P class="p267 ft21">till Finansinspektionen <SPAN class="ft31">eller lämnar</SPAN></P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p108 ft21"><SPAN class="ft31">information </SPAN>till Finansinspektionen</P></TD>
<TD colspan=5 class="tr4 td407"><P class="p267 ft2">ofullständig eller felaktig informa-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p107 ft3">när det gäller data som avses i</P></TD>
<TD colspan=5 class="tr4 td407"><P class="p267 ft21"><SPAN class="ft31">tion </SPAN>om koncentrationsrisker<SPAN class="ft31">, i strid</SPAN></P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft3">artikel 430a i tillsynsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td140"><P class="p18 ft2">med</P></TD>
<TD colspan=2 class="tr5 td35"><P class="p18 ft3">artikel 54</P></TD>
<TD class="tr5 td59"><P class="p18 ft3">i</P></TD>
<TD class="tr5 td99"><P class="p267 ft21">värdepappers-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td76"><P class="p18 ft3">bolagsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p108 ft3"><SPAN class="ft2">15. </SPAN>låter bli att lämna informa-</P></TD>
<TD colspan=5 class="tr4 td407"><P class="p267 ft3"><SPAN class="ft2">15. </SPAN>utsätter sig för en koncentra-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td137"><P class="p18 ft3">tion till Finansinspektionen</P></TD>
<TD class="tr5 td75"><P class="p107 ft21">eller</P></TD>
<TD colspan=5 class="tr5 td407"><P class="p267 ft21">tionsrisk som överstiger gränserna i</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td125"><P class="p18 ft3">lämnar</P></TD>
<TD colspan=2 class="tr4 td150"><P class="p43 ft3">ofullständig eller</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p107 ft21">felaktig</P></TD>
<TD colspan=2 class="tr4 td177"><P class="p18 ft21">artikel 37</P></TD>
<TD colspan=3 class="tr4 td215"><P class="p267 ft3">i värdepappersbolags-</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p108 ft3">information om en stor exponering</P></TD>
<TD colspan=3 class="tr4 td77"><P class="p18 ft3">förordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td125"><P class="p18 ft3">i strid</P></TD>
<TD class="tr5 td75"><P class="p77 ft3">med</P></TD>
<TD class="tr5 td71"><P class="p18 ft21">artikel 394.1</P></TD>
<TD class="tr5 td141"><P class="p73 ft3">i</P></TD>
<TD class="tr5 td75"><P class="p107 ft3">till-</P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td245"><P class="p18 ft3">synsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p108 ft3"><SPAN class="ft2">16. </SPAN>låter bli att lämna information</P></TD>
<TD colspan=2 class="tr4 td177"><P class="p39 ft2">16. <SPAN class="ft3">vid</SPAN></P></TD>
<TD colspan=2 class="tr4 td24"><P class="p18 ft3">upprepade</P></TD>
<TD class="tr4 td99"><P class="p267 ft3">tillfällen eller</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p108 ft21">till Finansinspektionen eller lämnar</P></TD>
<TD colspan=5 class="tr5 td407"><P class="p267 ft21">systematiskt, i strid med artikel 43 i</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td158"><P class="p18 ft3">ofullständig</P></TD>
<TD class="tr5 td71"><P class="p237 ft3">eller</P></TD>
<TD colspan=2 class="tr5 td102"><P class="p107 ft21">felaktig</P></TD>
<TD colspan=5 class="tr5 td407"><P class="p18 ft3">värdepappersbolagsförordningen,</P></TD>
<TD class="tr5 td80"><P class="p16 ft2">549</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_550" style="position:relative; overflow: hidden;margin: 51px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:783px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173550x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV class="dclr"></DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">550</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t24">
<TR>
<TD colspan=3 class="tr2 td109"><P class="p18 ft3">information om likviditet i strid med</P></TD>
<TD class="tr2 td110"><P class="p18 ft21">låter bli att hålla likvida tillgångar<SPAN class="ft31">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td57"><P class="p18 ft3">artikel 415.1 och</P></TD>
<TD class="tr4 td98"><P class="p292 ft3">415.2</P></TD>
<TD class="tr4 td53"><P class="p108 ft3">i till-</P></TD>
<TD class="tr4 td110"><P class="p18 ft3">eller</P></TD>
</TR>
<TR>
<TD class="tr4 td57"><P class="p18 ft3">synsförordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">17. låter bli att lämna uppgifter till</P></TD>
<TD class="tr4 td110"><P class="p48 ft2">17. låter bli att lämna <SPAN class="ft3">information</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td57"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr5 td98"><P class="p208 ft2">eller</P></TD>
<TD class="tr5 td53"><P class="p108 ft2">lämnar</P></TD>
<TD class="tr5 td110"><P class="p18 ft2">eller lämnar ofullständig eller</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">ofullständig eller felaktig informa-</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">felaktig information<SPAN class="ft3">, i strid med</SPAN></P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft3"><SPAN class="ft2">tion </SPAN>om sin bruttosoliditet i strid</P></TD>
<TD class="tr4 td110"><P class="p18 ft3">bestämmelserna i del 6 i värdepap-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p18 ft3">med artikel 430.1 och 430.2 i till-</P></TD>
<TD class="tr5 td110"><P class="p18 ft3">persbolagsförordningen<SPAN class="ft2">.</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td57"><P class="p18 ft3">synsförordningen,</P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-right: 272px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft21">18.</SPAN><SPAN class="ft38">vid upprepade tillfällen eller systematiskt låter bli att hålla lik- vida tillgångar i strid med arti- kel 412 i tillsynsförordningen,</SPAN></P>
<P style="text-align: justify;padding-right: 267px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft3">19.</SPAN><SPAN class="ft38">utsätter sig för en exponering som överskrider gränserna enligt artikel 395 i tillsynsförordningen,</SPAN></P>
<P class="p87 ft3"><SPAN class="ft21">20.</SPAN><SPAN class="ft38">är exponerat för kreditrisken i</SPAN></P>
<P style="text-align: justify;padding-right: 272px;margin-top: 0px;margin-bottom: 0px;" class="ft3">en värdepapperiseringsposition utan att uppfylla villkoren i arti- kel 405 i tillsynsförordningen,</P>
<P style="text-align: justify;padding-right: 272px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft3">21.</SPAN><SPAN class="ft38">låter bli att lämna informa- tion eller lämnar ofullständig eller felaktig information i strid med någon av artiklarna </SPAN><NOBR>431.1–431.3</NOBR> och 451.1 i tillsynsförordningen, eller</P>
<P style="text-align: justify;padding-right: 267px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft21"><SPAN class="ft3">22.</SPAN><SPAN class="ft62">är ett moderföretag enligt artikel 4.1.15 i tillsynsförordningen och inte uppfyller kraven i del tre, fyra, sex eller sju i den förordning- en eller kraven i 2 kap. 1 eller 2 § lagen (2014:968) om särskild till- syn över kreditinstitut och värde- pappersbolag på gruppnivå eller undergruppsnivå.</SPAN></P>
<P style="text-align: justify;padding-right: 68px;margin-top: 18px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Om en sådan person som avses i första stycket omfattas av tillstånds- eller underrättelseskyldighet enligt 24 kap. 1 eller 4 § för förvärv eller avyttring av aktier eller andelar i bolaget, ska första stycket 8 och 9 inte gälla för den personen i fråga om dessa aktier eller andelar.</P>
<P class="p832 ft2">Ett ingripande enligt första stycket får göras endast om bolagets överträdelse är allvarlig och personen i fråga uppsåtligen eller av grov oaktsamhet orsakat överträdelsen.</P>
<P class="p87 ft2">Ingripande görs genom</P>
<P class="p682 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">beslut att personen i fråga under en viss tid, lägst tre och högst tio år, eller, för upprepade allvarliga överträdelser enligt första stycket 1, 2, 3, 8 eller 9, permanent inte får vara styrelseledamot eller verkställande direktör</SPAN></P>
<P class="p102 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft33">ett värdepappersbolag, eller ersättare för någon av dem, eller</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">beslut om sanktionsavgift.</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_551" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p65 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">Denna lag träder i kraft den 26 juni 2021.</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">Bestämmelsen i 8 kap. 1 a § tredje stycket gäller inte värdepappers- bolag som vid ikraftträdandet uppfyller kriterierna för att vara ett litet och </SPAN><NOBR>icke-sammanlänkat</NOBR> värdepappersbolag.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">551</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_552" style="position:relative; overflow: hidden;margin: 52px 0px 76px 36px;padding: 0px;border: none;width: 520px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft101">Förslag till lag om ändring i lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag</P>
<P style="text-align: justify;padding-top: 2px;margin-top: 9px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>i fråga om lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag</P>
<P class="p603 ft2"><SPAN class="ft3">dels </SPAN>att 1 kap. 1, 2, 4, 8 och 9 §§, 2 kap. 1, 1 c, 1 e, 1 f, 2 och 3 §§, 3 kap. 1, 3 och 4 §§, 4 kap. <NOBR>1–3</NOBR> och 5 §§, 5 kap. <NOBR>1–6</NOBR> §§, 6 kap. 1, 2, 4, 5 och <NOBR>7–11</NOBR> §§, 7 kap. <NOBR>1–4</NOBR> §§, 8 kap. 1, 2 och 4 §§, 9 kap. 1 §, 10 kap. 1 och 2 §§, rubrikerna till 2, 5 och 7 kap. och rubrikerna närmast före 2 kap. 1 § och 6 kap. 9 § ska ha följande lydelse,</P>
<P class="p603 ft2"><SPAN class="ft3">dels </SPAN>att det ska införas fem nya kapitel, 2 a, 3 a, 4 a, 5 a och 7 a kap., och tre nya paragrafer, 1 kap. 3 a och 3 b §§ och 10 kap. 1 a §, av följande lydelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 13px 0px 0px 0px;padding: 0px;border:none;width: 520px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 520px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr2 td221"><P class="p279 ft3">Nuvarande lydelse</P></TD>
<TD class="tr2 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr2 td172"><P class="p18 ft3">Föreslagen lydelse</P></TD>
<TD class="tr2 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td171"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td173"><P class="p218 ft22">1 kap.</P></TD>
<TD class="tr13 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td173"><P class="p219 ft2">1 §<SPAN class="ft20">2</SPAN></P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p108 ft2">I denna lag finns bestämmelser</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">I denna lag finns bestämmelser som</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p279 ft2">som</P></TD>
<TD colspan=2 class="tr4 td174"><P class="p48 ft2">kompletterar</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p108 ft2">Europaparla-</P></TD>
<TD colspan=2 class="tr4 td176"><P class="p18 ft2">kompletterar</P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2">mentets och rådets förordning (EU)</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2"><SPAN class="ft3">– </SPAN>Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td301"><P class="p279 ft2">nr 575/2013 av</P></TD>
<TD class="tr5 td126"><P class="p37 ft2">den</P></TD>
<TD class="tr5 td171"><P class="p18 ft2">26 juni</P></TD>
<TD class="tr5 td155"><P class="p108 ft2">2013</P></TD>
<TD colspan=3 class="tr5 td138"><P class="p18 ft2">förordning (EU)</P></TD>
<TD colspan=3 class="tr5 td138"><P class="p16 ft2">nr 575/2013 av</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p279 ft2">om</P></TD>
<TD class="tr4 td35"><P class="p18 ft2">tillsynskrav</P></TD>
<TD class="tr4 td126"><P class="p73 ft2">för</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p108 ft2">kreditinstitut</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p279 ft3">och</P></TD>
<TD colspan=4 class="tr4 td167"><P class="p108 ft3">värdepappersföretag <SPAN class="ft2">och om</SPAN></P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td301"><P class="p279 ft2">ändring av</P></TD>
<TD colspan=2 class="tr5 td32"><P class="p18 ft2">förordning</P></TD>
<TD class="tr5 td155"><P class="p108 ft2">(EU)</P></TD>
<TD colspan=3 class="tr5 td138"><P class="p18 ft2">förordning (EU)</P></TD>
<TD colspan=2 class="tr5 td95"><P class="p80 ft2">nr 648/2012</P></TD>
<TD class="tr5 td56"><P class="p16 ft2">(till-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2">nr 648/2012 (tillsynsförordningen).</P></TD>
<TD colspan=4 class="tr4 td172"><P class="p18 ft2">synsförordningen)<SPAN class="ft3">, och</SPAN></P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td172"><P class="p48 ft21">– Europaparlamentets</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p16 ft3">och rådets</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft21">förordning (EU) 2019/2033 av den</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td176"><P class="p18 ft3">27 november</P></TD>
<TD colspan=2 class="tr4 td177"><P class="p1 ft3">2019 om</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p16 ft3">tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft3">för värdepappersföretag och om</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft3">ändring</P></TD>
<TD class="tr5 td128"><P class="p77 ft3">av</P></TD>
<TD colspan=3 class="tr5 td107"><P class="p18 ft3">förordningarna</P></TD>
<TD class="tr5 td56"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td176"><P class="p18 ft21">nr 1093/2010,</P></TD>
<TD colspan=2 class="tr4 td177"><P class="p24 ft3">(EU)</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p16 ft21">nr 575/2013<SPAN class="ft31">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft3">(EU)</P></TD>
<TD colspan=3 class="tr4 td38"><P class="p18 ft3">nr 600/2014</P></TD>
<TD class="tr4 td37"><P class="p1 ft3">och</P></TD>
<TD class="tr4 td56"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td176"><P class="p18 ft3">nr 806/2014</P></TD>
<TD colspan=4 class="tr5 td153"><P class="p16 ft21">(värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td138"><P class="p18 ft3">förordningen)<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td138"><P class="p48 ft21">Bestämmelserna</P></TD>
<TD class="tr4 td68"><P class="p42 ft3">i</P></TD>
<TD class="tr4 td37"><P class="p79 ft3">denna</P></TD>
<TD class="tr4 td56"><P class="p16 ft3">lag</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td138"><P class="p18 ft3">genomför delvis</P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft3">– Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft21">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft3">2013 om behörighet att utöva</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft3">verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft21">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td110"><P class="p16 ft3">av direktiv 2002/87/EG och om</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td158"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td176"><P class="p18 ft3">upphävande</P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft3">av</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD class="tr21 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=11 class="tr21 td243"><P class="p279 ft27"><SPAN class="ft48">1 </SPAN>Jfr Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om</P></TD>
</TR>
<TR>
<TD class="tr8 td176"><P class="p18 ft9"> </P></TD>
<TD colspan=11 class="tr8 td243"><P class="p279 ft27">tillsyn av värdepappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG,</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr7 td176"><P class="p278 ft2">552</P></TD>
<TD colspan=10 style="padding: 0px;margin: 0px;width: 420px;vertical-align: bottom;" class="tr8"><P class="p279 ft27">2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU, i den ursprungliga lydelsen.</P></TD>
<TD class="tr8 td56"><P class="p18 ft9"> </P></TD>
</TR>
<TR>
<TD colspan=4 style="padding: 0px;margin: 0px;width: 213px;vertical-align: bottom;" class="tr5"><P class="p279 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_553" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<P style="text-align: left;padding-left: 204px;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft3">2006/48/EG och 2006/49/EG, i <SPAN class="ft2">Prop. 2020/21:173 </SPAN>lydelsen enligt Europaparlamentets <SPAN class="ft2">Bilaga 9</SPAN></P>
<P style="text-align: left;padding-left: 204px;padding-right: 158px;margin-top: 1px;margin-bottom: 0px;" class="ft21">och rådets direktiv (EU) 2019/2034 (kapitaltäckningsdirektivet), och</P>
<P class="p222 ft3"><SPAN class="ft3">–</SPAN><SPAN class="ft38">Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värdepappersföretag och om änd- ring av direktiven 2002/87/EG,</SPAN></P>
<P class="p223 ft3">2009/65/EG,<SPAN style="padding-left:55px;">2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU, i den ursprungliga</SPAN></P>
<P class="p224 ft3">lydelsen (värdepappersbolags- direktivet).</P>
<P class="p225 ft3">Bestämmelser som kompletterar tillsynsförordningen och genomför kapitaltäckningsdirektivet finns i 2, 3, 4, 5 och 7 kap.</P>
<P class="p226 ft21">Bestämmelser som kompletterar värdepappersbolagsförordningen och genomför värdepappersbolagsdirek-</P>
<P class="p224 ft3">tivet finns i 2 a, 3 a, 4 a, 5 a och 7 a kap.</P>
<P style="text-align: left;padding-left: 204px;padding-right: 163px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Gemensamma bestämmelser finns i övriga kapitel.</P>
<P class="p106 ft2">2 §<SPAN class="ft20">3</SPAN></P>
<P class="p65 ft2">I denna lag betyder</P>
<P style="text-align: left;padding-left: 205px;padding-right: 163px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft3">1.</SPAN><SPAN class="ft50">blandat finansiellt moder- holdingföretag inom EES</SPAN>:</P>
<P style="text-align: justify;padding-left: 205px;padding-right: 163px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3">a) i 4 a kap., ett företag som avses i artikel 4.1.58 i värde- pappersbolagsförordningen,</P>
<P style="text-align: left;padding-left: 216px;margin-top: 2px;margin-bottom: 0px;" class="ft3">b<SPAN class="ft51">) </SPAN>i övrigt, ett företag som avses</P>
<P class="p233 ft3"><SPAN class="ft3">i</SPAN><SPAN class="ft52">artikel 4.1.33 i tillsynsförord- ningen,</SPAN></P>
<P class="p234 ft3"><SPAN class="ft3">2.</SPAN><SPAN class="ft50">dotterföretag</SPAN>:</P>
<P style="text-align: justify;padding-left: 205px;padding-right: 163px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft3">a)</SPAN><SPAN class="ft38">i 3 a och 4 a kap., ett företag som avses i artikel 4.1.51 i värde- pappersbolagsförordningen,</SPAN></P>
<P class="p231 ft3"><SPAN class="ft3">b)</SPAN><SPAN class="ft38">i 6 kap. 1 §, i fråga om värde- pappersföretagskoncerner som av- ses i artikel 7 eller 8 i värde-</SPAN></P>
<P style="text-align: left;padding-left: 205px;padding-right: 163px;margin-top: 1px;margin-bottom: 0px;" class="ft3">pappersbolagsförordningen, ett företag som avses i a,</P>
<P class="p232 ft3"><SPAN class="ft3">c)</SPAN><SPAN class="ft38">i övrigt, ett företag som avses i</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t73">
<TR>
<TD style="padding: 0px;margin: 0px;width: 295px;vertical-align: bottom;" class="tr4"><P style="text-align: left;padding-left: 205px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">artikel 4.1.16</P></TD>
<TD class="tr4 td16"><P class="p18 ft3">i</P></TD>
<TD class="tr4 td90"><P class="p204 ft21">tillsynsförord-</P></TD>
</TR>
<TR>
<TD style="padding: 0px;margin: 0px;width: 295px;vertical-align: bottom;" class="tr4"><P style="text-align: left;padding-left: 205px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft3">ningen,</P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td90"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD style="height: 46px;padding: 0px;margin: 0px;width: 295px;vertical-align: bottom;"><P class="p18 ft29"><SPAN class="ft28">3 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD style="height: 46px;" class="td16"><P class="p18 ft5"> </P></TD>
<TD style="height: 46px;" class="td90"><P class="p16 ft2">553</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_554" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 575px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 188px;overflow: hidden;">
<P class="p627 ft2"><SPAN class="ft3">1</SPAN>. <SPAN class="ft24">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P style="text-align: left;margin-top: 184px;margin-bottom: 0px;text-indent: 11px;" class="ft3">2. <SPAN class="ft24">institut</SPAN><SPAN class="ft2">: </SPAN>kreditinstitut och värdepappersbolag<SPAN class="ft2">,</SPAN></P>
<P style="text-align: left;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft3">3.</SPAN><SPAN class="ft50">kapitaltäckningsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut och värde- pappersföretag, om ändring av direktiv 2002/87/EG och om upp- hävande av direktiv 2006/48/EG och 2006/49/EG, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/878,</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 16px;padding: 0px;border:none;width: 257px;overflow: hidden;">
<P class="p123 ft2"><SPAN class="ft3">3</SPAN>. <SPAN class="ft24">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P style="text-align: left;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;text-indent: 12px;" class="ft3"><SPAN class="ft3">4.</SPAN><SPAN class="ft55">holdingföretag med blandad verksamhet</SPAN>:</P>
<P style="text-align: left;padding-left: 12px;margin-top: 1px;margin-bottom: 0px;" class="ft3">a) i 6 kap. 1 och 8 §§ och 8 kap.</P>
<P class="p1065 ft3">2 och 4 §§, i fråga om värde- pappersföretagskoncerner som av- ses i artikel 53 i värdepappers- bolagsdirektivet, ett företag som avses i artikel 4.1.26 i värde- pappersbolagsdirektivet,</P>
<P style="text-align: left;padding-left: 12px;margin-top: 2px;margin-bottom: 0px;" class="ft3">b) i övrigt, ett företag som avses i</P>
<P style="text-align: left;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;" class="ft3">artikel 4.1.22 i tillsynsförord- ningen,</P>
<P style="text-align: left;padding-right: 63px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3">5<SPAN class="ft2">. </SPAN><SPAN class="ft24">institut</SPAN><SPAN class="ft2">: </SPAN>detsamma som i artikel 4.1.3 i tillsynsförordningen<SPAN class="ft2">,</SPAN></P>
</DIV>
</DIV>
<DIV style="border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 520px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 341px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P class="p14 ft2">554</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t24">
<TR>
<TD class="tr2 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr2 td51"><P class="p48 ft3">6. <SPAN class="ft24">konsoliderad</SPAN></P></TD>
<TD class="tr2 td183"><P class="p32 ft3"><SPAN class="ft24">situation</SPAN>:</P></TD>
<TD class="tr2 td128"><P class="p16 ft3">det-</P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft3">samma</P></TD>
<TD class="tr4 td114"><P class="p39 ft3">som</P></TD>
<TD class="tr4 td31"><P class="p77 ft3">i</P></TD>
<TD colspan=2 class="tr4 td73"><P class="p16 ft3">artikel 4.1.47 i</P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td186"><P class="p18 ft3">tillsynsförordningen,</P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft3">4. <SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">: </SPAN>bank och kredit-</P></TD>
<TD colspan=3 class="tr5 td51"><P class="p48 ft3">7<SPAN class="ft2">. </SPAN><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr5 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft3">marknadsföretag</P></TD>
<TD class="tr4 td53"><P class="p18 ft2">enligt</P></TD>
<TD class="tr4 td62"><P class="p108 ft31">lagen</P></TD>
<TD class="tr4 td125"><P class="p48 ft21">a) ett</P></TD>
<TD colspan=3 class="tr4 td187"><P class="p77 ft3">kreditinstitut <SPAN class="ft2">enligt</SPAN></P></TD>
<TD class="tr4 td128"><P class="p16 ft2">lagen</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft2">(2004:297) om bank- och finan-</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft2">(2004:297) om bank- och finan-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft31">sieringsrörelse <SPAN class="ft21">samt </SPAN>Svenska skepps-</P></TD>
<TD colspan=3 class="tr5 td51"><P class="p18 ft2">sieringsrörelse<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr5 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft2">hypotekskassan,</P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td65"><P class="p48 ft2"><SPAN class="ft3">b) </SPAN>Svenska</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td73"><P class="p16 ft31">skeppshypoteks-</P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft2">kassan<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p48 ft3">c) ett</P></TD>
<TD colspan=3 class="tr5 td187"><P class="p39 ft3">värdepappersbolag</P></TD>
<TD class="tr5 td128"><P class="p16 ft3">med</P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft3">tillstånd att som sidotjänst ta emot</P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft3">kunders medel på konto för att</P></TD>
</TR>
<TR>
<TD class="tr5 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td110"><P class="p18 ft3">underlätta värdepappersrörelsen</P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft3">enligt</P></TD>
<TD class="tr4 td114"><P class="p18 ft3">2 kap.</P></TD>
<TD colspan=3 class="tr4 td76"><P class="p16 ft3">2 § första stycket 8</P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft21">lagen (2007:528) om värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr5 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td65"><P class="p18 ft3">marknaden,</P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td110"><P class="p48 ft3">d) ett svenskt aktiebolag som är</P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td65"><P class="p18 ft3">ett sådant</P></TD>
<TD colspan=3 class="tr4 td76"><P class="p16 ft21">värdepappersföretag</P></TD>
</TR>
<TR>
<TD class="tr5 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td110"><P class="p18 ft3">som avses i artikel 1.2 a eller b i</P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft3">värdepappersbolagsförordningen,</P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p48 ft3">e) ett</P></TD>
<TD colspan=3 class="tr4 td187"><P class="p237 ft21">värdepappersbolag</P></TD>
<TD class="tr4 td128"><P class="p16 ft3">för</P></TD>
</TR>
<TR>
<TD class="tr5 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td110"><P class="p18 ft3">vilket ett beslut av Finansinspek-</P></TD>
</TR>
<TR>
<TD class="tr4 td159"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td186"><P class="p18 ft21">tionen enligt 3 a § gäller, och</P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_555" style="position:relative; overflow: hidden;margin: 51px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 394px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t24">
<TR height=0>
<TD width=204px></TD>
<TD width=15px></TD>
<TD width=22px></TD>
<TD width=13px></TD>
<TD width=27px></TD>
<TD width=21px></TD>
<TD width=15px></TD>
<TD width=18px></TD>
<TD width=23px></TD>
<TD width=32px></TD>
<TD width=3px></TD>
</TR>
<TR>
<TD class="tr2 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr2 td85"><P class="p39 ft3">f) ett svenskt aktiebolag som är</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft3">ett</P></TD>
<TD colspan=3 class="tr4 td7"><P class="p108 ft3">sådant</P></TD>
<TD colspan=6 class="tr4 td76"><P class="p16 ft21">värdepappersföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td85"><P class="p18 ft3">som avses i artikel 1.5 i värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td239"><P class="p18 ft21">pappersbolagsförordningen,</P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td149"><P class="p39 ft3">8. <SPAN class="ft24">litet</SPAN></P></TD>
<TD class="tr5 td56"><P class="p182 ft24">och</P></TD>
<TD colspan=6 class="tr5 td76"><P class="p16 ft24"><NOBR>icke-sammanlänkat</NOBR></P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td85"><P class="p18 ft3"><SPAN class="ft24">värdepappersbolag</SPAN>: ett värdepap-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td85"><P class="p18 ft3">persbolag som anses vara ett litet</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr5 td85"><P class="p18 ft3">och <NOBR>icke-sammanlänkat</NOBR> värdepap-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td78"><P class="p18 ft3">persföretag enligt</P></TD>
<TD colspan=3 class="tr4 td176"><P class="p302 ft21">artikel 12.1</P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p16 ft21">i</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td252"><P class="p18 ft21">värdepappersbolagsförordningen,</P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td78"><P class="p39 ft3">9. <SPAN class="ft24">moderföretag</SPAN>:</P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr5"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td85"><P class="p39 ft3">a) i 3 a och 4 a kap., 6 kap. 2 §</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr5 td85"><P class="p18 ft3">andra stycket och 7 a kap. 1 §, ett</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr5 td85"><P class="p18 ft3">företag som avses i 4.1.42 i värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td239"><P class="p18 ft21">pappersbolagsförordningen,</P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td37"><P class="p39 ft3">b) i</P></TD>
<TD colspan=2 class="tr4 td125"><P class="p16 ft21">10 kap.</P></TD>
<TD colspan=3 class="tr4 td54"><P class="p73 ft3">2 § 3, i</P></TD>
<TD colspan=3 class="tr4 td67"><P class="p16 ft3">fråga om</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr5 td85"><P class="p18 ft21">moderföretag som avses i 6 kap. 2 §</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td85"><P class="p18 ft21">andra stycket, ett företag som avses</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td37"><P class="p18 ft3">i a,</P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr5 td85"><P class="p39 ft21">c) i övrigt, ett företag som avses i</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td129"><P class="p18 ft3">artikel 4.1.15</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p1 ft3">i</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td67"><P class="p16 ft3">tillsynsför-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td129"><P class="p18 ft3">ordningen,</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr5 td85"><P class="p39 ft21">10. <SPAN class="ft30">på gruppnivå</SPAN>: detsamma som</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft3">i</P></TD>
<TD colspan=4 class="tr4 td144"><P class="p18 ft3">artikel 4.1.48</P></TD>
<TD class="tr4 td59"><P class="p18 ft3">i</P></TD>
<TD colspan=4 class="tr4 td148"><P class="p16 ft21">tillsynsförord-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td149"><P class="p18 ft3">ningen,</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td239"><P class="p39 ft3">11. <SPAN class="ft24">på undergruppsnivå</SPAN>:</P></TD>
<TD colspan=2 class="tr5 td47"><P class="p16 ft3">det-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td149"><P class="p18 ft3">samma</P></TD>
<TD class="tr4 td56"><P class="p207 ft3">som</P></TD>
<TD class="tr4 td11"><P class="p73 ft3">i</P></TD>
<TD colspan=4 class="tr4 td173"><P class="p37 ft3">artikel 4.1.49</P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p16 ft21">i</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td78"><P class="p18 ft21">tillsynsförordningen,</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr5 td85"><P class="p39 ft3">12. <SPAN class="ft24">systemrisk</SPAN>: detsamma som i</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td85"><P class="p18 ft21">1 kap. 2 § 12 lagen (2014:966) om</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td204"><P class="p18 ft3">kapitalbuffertar,</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p108 ft3">5<SPAN class="ft2">. </SPAN><SPAN class="ft24">värdepappersbolag</SPAN><SPAN class="ft2">: ett </SPAN>värde-</P></TD>
<TD colspan=7 class="tr5 td234"><P class="p39 ft21">13. <SPAN class="ft30">värdepappersbolag</SPAN><SPAN class="ft31">:</SPAN></P></TD>
<TD class="tr5 td31"><P class="p456 ft31">ett</P></TD>
<TD colspan=2 class="tr5 td47"><P class="p16 ft3">värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft3">pappersföretag som avses i arti-</P></TD>
<TD colspan=10 class="tr4 td85"><P class="p18 ft21">pappersbolag som avses i 1 kap. 4 b §</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p108 ft3">kel 4.1.2 i tillsynsförordningen när</P></TD>
<TD colspan=10 class="tr4 td85"><P class="p18 ft21">lagen om värdepappersmarknaden,</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P style="text-align: right;padding-right: 51px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft21">det är ett svenskt aktiebolag.</P></TD>
<TD colspan=2 class="tr5 td37"><P class="p18 ft3">utom</P></TD>
<TD colspan=2 class="tr5 td125"><P class="p182 ft21">sådana</P></TD>
<TD colspan=6 class="tr5 td76"><P class="p16 ft3">värdepappersbolag</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td204"><P class="p18 ft3">som avses i 7 <NOBR>c<SPAN class="ft2">–</SPAN>f,</NOBR></P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td252"><P class="p39 ft3">14. <SPAN class="ft24">värdepappersföretagskon-</SPAN></P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr5 td85"><P class="p18 ft21"><SPAN class="ft30">cern</SPAN>: detsamma som i artikel 4.1.25</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr4 td85"><P class="p18 ft21">i värdepappersbolagsförordningen,</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td239"><P class="p48 ft3">15. <SPAN class="ft24">värdepappersinriktat</SPAN></P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=10 class="tr5 td85"><P class="p1 ft3"><SPAN class="ft24">holdingföretag</SPAN>: ett företag som</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td37"><P class="p1 ft3">avses</P></TD>
<TD class="tr4 td36"><P class="p80 ft3">i</P></TD>
<TD colspan=4 class="tr4 td74"><P class="p43 ft3">artikel 4.1.23</P></TD>
<TD class="tr4 td31"><P class="p73 ft3">i</P></TD>
<TD colspan=2 class="tr4 td47"><P class="p16 ft3">värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td239"><P class="p1 ft21">pappersbolagsförordningen,</P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr4"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-left: 205px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3">16. <SPAN class="ft24">värdepappersinriktat moder- holdingföretag inom EES</SPAN>: ett före- tag som avses i artikel 4.1.57 i värdepappersbolagsförordningen.</P>
<P style="text-align: left;padding-right: 1px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Termer och uttryck i övrigt i denna lag har samma betydelse som i tillsynsförordningen.</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 12px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">555</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_556" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
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<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 330px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 218px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">556</P>
</DIV>
<DIV style="float:left;border:none;margin: 17px 0px 0px 0px;padding: 0px;border:none;width: 258px;overflow: hidden;">
<P class="p14 ft3">3 a §</P>
<P class="p124 ft3">Finansinspektionen får besluta att tillsynsförordningen ska tilläm- pas i fråga om ett värdepappers- bolag</P>
<P style="text-align: justify;padding-right: 63px;margin-top: 2px;margin-bottom: 0px;text-indent: 12px;" class="ft3"><SPAN class="ft3">1.</SPAN><SPAN class="ft38">vars konsoliderade tillgångar, beräknade som ett genomsnitt för den senaste sammanhängande tolv- månadersperioden, motsvarar minst fem miljarder euro, och</SPAN></P>
<P style="text-align: justify;padding-right: 63px;margin-top: 1px;margin-bottom: 0px;text-indent: 12px;" class="ft21"><SPAN class="ft3">2.</SPAN><SPAN class="ft62">som driver verksamhet som omfattar investeringstjänster eller investeringsverksamhet som avses i 2 kap. 1 § 3 eller 6 lagen (2007:528) om värdepappersmarknaden men som inte är råvaruhandlare eller utsläppsrättshandlare.</SPAN></P>
<P style="text-align: left;padding-left: 12px;margin-top: 3px;margin-bottom: 0px;" class="ft3">Första stycket gäller om</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;text-indent: 12px;" class="ft3"><SPAN class="ft3">1.</SPAN><SPAN class="ft38">värdepappersbolagets verk- samhet har en sådan omfattning att en systemrisk skulle kunna uppstå om bolaget fallerar eller hamnar i kris,</SPAN></P>
<P style="text-align: left;padding-right: 68px;margin-top: 2px;margin-bottom: 0px;text-indent: 12px;" class="ft3"><SPAN class="ft3">2.</SPAN><SPAN class="ft38">värdepappersbolaget är clea- ringmedlem, eller</SPAN></P>
<P style="text-align: justify;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;text-indent: 12px;" class="ft3"><SPAN class="ft21">3.</SPAN><SPAN class="ft38">Finansinspektionen anser att det är motiverat mot bakgrund av värdepappersbolagets verksamhet och dess storlek, art, omfattning och komplexitet med beaktande av</SPAN></P>
<P class="p937 ft3">a) betydelsen för EES eller Sveriges ekonomi,</P>
<P class="p122 ft3">b) betydelsen av bolagets gräns- överskridande verksamhet, eller</P>
<P class="p123 ft3">c) bolagets sammanlänkning med det finansiella systemet.</P>
<P style="text-align: left;padding-left: 13px;margin-top: 32px;margin-bottom: 0px;" class="ft3">3 b §</P>
<P style="text-align: justify;padding-left: 1px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Finansinspektionen får upphäva ett beslut enligt 3 a § första stycket och ska i så fall utan dröjsmål underrätta värdepappersbolaget om detta.</P>
<P style="text-align: justify;padding-left: 1px;padding-right: 68px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Ett beslut enligt 3 a § första stycket ska upphöra att gälla om värdepappersbolagets konsolide- rade tillgångar understiger det belopp som anges där, beräknat som ett genomsnitt för den senaste</P>
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<DIV style="position:absolute;top:187px;left:205px;width:188px;height:90px;"><SPAN class="ft2">I fråga om tillsynen och möjlighet att ingripa mot </SPAN><SPAN class="ft3">kredit- institut och värdepappersbolag </SPAN><SPAN class="ft2">gäller bestämmelserna i de lagar som reglerar </SPAN><SPAN class="ft3">företagens </SPAN><SPAN class="ft2">verk- samhet, om inte annat följer av denna lag.</SPAN></DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t24">
<TR>
<TD class="tr2 td86"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td159"><P class="p18 ft3">sammanhängande</P></TD>
<TD colspan=2 class="tr2 td65"><P class="p16 ft3">tolvmånaders-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td91"><P class="p18 ft3">perioden.</P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr18 td315"><P style="text-align: right;padding-right: 73px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">4 §<SPAN class="ft20">4</SPAN></P></TD>
<TD class="tr18 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">Finansinspektionen är behörig</P></TD>
<TD colspan=3 class="tr4 td118"><P class="p39 ft2">Finansinspektionen är</P></TD>
<TD class="tr4 td125"><P class="p16 ft31">behörig</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">myndighet enligt tillsynsförord-</P></TD>
<TD colspan=2 class="tr4 td159"><P class="p18 ft2">myndighet enligt</P></TD>
<TD colspan=2 class="tr4 td65"><P class="p16 ft2">tillsynsförord-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">ningen och utövar tillsyn över att</P></TD>
<TD class="tr4 td91"><P class="p18 ft2">ningen <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=3 class="tr4 td78"><P class="p16 ft21">värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p145 ft31"><SPAN class="ft21">förordningen </SPAN>och denna lag följs</P></TD>
<TD class="tr5 td91"><P class="p18 ft3">förordningen</P></TD>
<TD class="tr5 td47"><P class="p43 ft2">och</P></TD>
<TD class="tr5 td114"><P class="p18 ft2">utövar</P></TD>
<TD class="tr5 td125"><P class="p16 ft2">tillsyn</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td90"><P class="p18 ft2">över att <SPAN class="ft3">förordningarna </SPAN>och denna</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td91"><P class="p18 ft2">lag följs.</P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p105 ft2">Finansinspektionen är ansvarig myndighet enligt artiklarna 124, 164 och 458 i tillsynsförordningen.</P>
<P class="p251 ft2">I fråga om tillsynen och möjlighet att ingripa mot <SPAN class="ft3">institut </SPAN>gäller bestämmelserna i de lagar som reglerar <SPAN class="ft3">institutens </SPAN>verk- samhet, om inte annat följer av denna lag.</P>
<P class="p252 ft2"><SPAN class="ft2">8</SPAN><SPAN class="ft17">§</SPAN><SPAN class="ft20">5</SPAN></P>
<P class="p65 ft2">Finansinspektionen ska bevilja godkännande, om</P>
<P class="p105 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">arbetsfördelningen inom gruppen är sådan att kraven i tillsyns- förordningen, denna lag och lagen (2014:966) om kapitalbuffertar kan uppfyllas på grupp- eller undergruppsnivå,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">organisationsstrukturen inte hindrar en effektiv tillsyn över att instituten inom gruppen uppfyller de krav som avses i 1 på individuell nivå och grupp- och undergruppsnivå,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">den som ska ingå i ledningen för holdingföretaget har tillräcklig insikt och erfarenhet för att delta i ledningen av företaget och även i övrigt är lämplig för uppgiften, och</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td86"><P class="p249 ft2">4. när holdingföretaget har ett</P></TD>
<TD colspan=3 class="tr5 td90"><P class="p16 ft2">4. när holdingföretaget har ett</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">eller flera kreditinstitut som dotter-</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">eller flera kreditinstitut <SPAN class="ft3">som avses i</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p253 ft2">företag,</P></TD>
<TD class="tr4 td132"><P class="p18 ft3">2 § första</P></TD>
<TD class="tr4 td197"><P class="p77 ft3">stycket 7 a eller</P></TD>
<TD class="tr4 td113"><P class="p16 ft3">mot-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft3">svarande</P></TD>
<TD class="tr4 td197"><P class="p18 ft3">utländska företag</P></TD>
<TD class="tr4 td113"><P class="p16 ft21">inom</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td198"><P class="p18 ft2"><SPAN class="ft3">EES </SPAN>som dotterföretag,</P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p65 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">information lämnas om större ägare i institutet,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">den som har eller kan förväntas komma att få ett kvalificerat innehav</SPAN></P>
<P class="p238 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft57">institutet bedöms lämplig att utöva ett väsentligt inflytande över ledningen av institutet, och</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft17">institutets nära förbindelser med andra företag inte hindrar en effektiv tillsyn av institutet.</SPAN></P>
<P style="text-align: left;padding-left: 192px;margin-top: 15px;margin-bottom: 0px;" class="ft2">9 §<SPAN class="ft20">6</SPAN></P>
<P class="p116 ft2">Finansinspektionen ska medge undantag från kravet på godkännande, om</P>
<P class="p849 ft59"><SPAN class="ft25">4</SPAN><SPAN class="ft58">Senaste lydelse 2020:1213.</SPAN></P>
<P class="p14 ft59"><SPAN class="ft25">5</SPAN><SPAN class="ft58">Senaste lydelse 2020:1213.</SPAN></P>
<P class="p14 ft29"><SPAN class="ft25">6</SPAN><SPAN class="ft32">Senaste lydelse 2020:1213.</SPAN></P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">557</P>
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<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 575px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p65 ft2">1. den huvudsakliga verksamheten är att</P>
<P class="p123 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">förvärva eller inneha aktier eller andelar i dotterföretag, när det gäller ett finansiellt holdingföretag, eller</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">förvärva eller inneha aktier eller andelar i dotterföretag som är institut eller finansiella institut, när det gäller ett blandat finansiellt holding- företag,</SPAN></P>
<P class="p122 ft2">2. holdingföretaget inte har utsetts till resolutionsenhet i någon av gruppens resolutionsgrupper,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td50"><P class="p30 ft2">3. ett dotterföretag som är ett</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">3. ett dotterföretag som är ett</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p30 ft2">kreditinstitut och ansvarar för att</P></TD>
<TD class="tr4 td85"><P class="p16 ft3"><SPAN class="ft2">kreditinstitut </SPAN>eller ett motsvarande</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p30 ft2">säkerställa att kraven i 3 kap. 2 §</P></TD>
<TD class="tr5 td85"><P class="p16 ft3">utländskt företag inom EES <SPAN class="ft2">och</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P style="text-align: right;padding-right: 157px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">uppfylls,</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">ansvarar för att säkerställa att</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p611 ft2">kraven i 3 kap. 2 § uppfylls,</P></TD>
</TR>
</TABLE>
<P class="p122 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">holdingföretaget inte medverkar till att påverka driften av gruppen eller dotterföretag som är institut eller finansiella institut, och</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">det inte finns något som hindrar en effektiv tillsyn på gruppnivå.</SPAN></P>
</DIV>
</DIV>
<DIV style="border:none;margin: 30px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 393px;margin-left: 127px;font: bold 13px 'Times New Roman';">
<TR>
<TD class="tr2 td109"><P class="p18 ft22">2 kap. Särskilda kapitalbas- och</P></TD>
<TD class="tr2 td110"><P class="p1 ft22">2 kap. Särskilda kapitalbas- och</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft22">likviditetskrav</P></TD>
<TD class="tr4 td110"><P class="p1 ft60"><SPAN class="ft22">likviditetskrav </SPAN>för kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr18 td109"><P class="p18 ft22"><SPAN class="ft61">Särskilt </SPAN>kapitalbaskrav</P></TD>
<TD class="tr18 td110"><P class="p1 ft22"><SPAN class="ft61">Särskilda </SPAN>kapitalbaskrav</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr18 td103"><P class="p257 ft2">1 §<SPAN class="ft20">7</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p39 ft2">Finansinspektionen ska besluta att</P></TD>
<TD class="tr4 td110"><P class="p48 ft31">Finansinspektionen ska besluta att</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">ett <SPAN class="ft3">institut </SPAN>utöver den kapitalbas som</P></TD>
<TD class="tr4 td110"><P class="p18 ft31">ett <SPAN class="ft21">kreditinstitut </SPAN>utöver den kapitalbas</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">krävs enligt tillsynsförordningen ska</P></TD>
<TD class="tr5 td110"><P class="p18 ft31">som krävs enligt tillsynsförordningen</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">uppfylla</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">ska uppfylla</P></TD>
</TR>
</TABLE>
<P class="p474 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft16">ett särskilt kapitalbaskrav för risken för alltför låg bruttosoliditet, och</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft16">ett särskilt kapitalbaskrav för andra risker.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD colspan=3 class="tr4 td163"><P class="p39 ft2">Första stycket gäller om</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft2">1. något av kraven i 6 kap. <NOBR>1–3,</NOBR></P></TD>
<TD class="tr4 td85"><P class="p16 ft2">1. något av kraven i 6 kap. <NOBR>1–3,</NOBR></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p30 ft2">4 a, 4 b och 5 §§ lagen (2004:297)</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">4 a, 4 b och 5 §§ lagen (2004:297)</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft2">om bank- och finansieringsrörelse</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">om bank- och finansieringsrörelse</P></TD>
</TR>
<TR>
<TD class="tr4 td156"><P class="p18 ft3">eller</P></TD>
<TD class="tr4 td171"><P class="p18 ft3">8 kap.</P></TD>
<TD class="tr4 td32"><P class="p24 ft3"><NOBR>3–8</NOBR> §§</P></TD>
<TD class="tr4 td156"><P class="p30 ft21">lagen</P></TD>
<TD class="tr4 td85"><P class="p16 ft31">inte är uppfyllt och det inte är sanno-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td151"><P class="p18 ft3">(2007:528) om</P></TD>
<TD colspan=2 class="tr5 td153"><P class="p30 ft21">värdepappersmark-</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">likt att någon annan åtgärd är</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft31"><SPAN class="ft21">naden </SPAN>inte är uppfyllt och det inte är</P></TD>
<TD class="tr4 td85"><P class="p16 ft31">tillräcklig för att komma till rätta med</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p30 ft31">sannolikt att någon annan åtgärd är</P></TD>
<TD class="tr4 td85"><P class="p258 ft2">bristen inom rimlig tid,</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p30 ft31">tillräcklig för att komma till rätta med</P></TD>
<TD class="tr5 td85"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td163"><P class="p18 ft2">bristen inom rimlig tid,</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p475 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">ett särskilt kapitalbaskrav är nödvändigt för att täcka risker som institutet är eller kan bli exponerat för,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">det är sannolikt att institutet inom tolv månader inte längre kommer att uppfylla sina skyldigheter enligt 1,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">institutet vid upprepade tillfällen låtit bli att följa en underrättelse enligt 1 c §, eller</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">det i övrigt har framkommit omständigheter som inger betänkligheter från tillsynssynpunkt.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 style="width: 249px;margin-top: 29px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p278 ft2">558</P></TD>
<TD class="tr2 td116"><P class="p279 ft27"><SPAN class="ft48">7 </SPAN>Senaste lydelse 2020:1213.</P></TD>
</TR>
</TABLE>
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</DIV>
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<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD colspan=10 class="tr2 td81"><P class="p23 ft2">Beslutet ska vara skriftligt och fattas på grundval av en översyn och</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td41"><P class="p18 ft2">utvärdering av institutet.</P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td67"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 9</P></TD>
</TR>
<TR>
<TD class="tr18 td67"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td131"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr18 td120"><P style="text-align: left;padding-left: 30px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">1 c §<SPAN class="ft20">8</SPAN></P></TD>
<TD class="tr18 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td86"><P class="p249 ft2">I samband med en översyn och</P></TD>
<TD colspan=5 class="tr4 td83"><P class="p23 ft2">I samband med en översyn och</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td86"><P class="p18 ft2">utvärdering av ett <SPAN class="ft3">institut </SPAN>ska</P></TD>
<TD colspan=5 class="tr4 td83"><P class="p23 ft31">utvärdering av ett <SPAN class="ft21">kreditinstitut </SPAN>ska</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td41"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD colspan=2 class="tr4 td32"><P class="p249 ft2">bestämma</P></TD>
<TD colspan=3 class="tr4 td159"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD colspan=2 class="tr4 td194"><P class="p23 ft2">bestämma</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td86"><P class="p18 ft2">lämpliga kapitalbasnivåer för insti-</P></TD>
<TD colspan=5 class="tr5 td83"><P class="p23 ft2">lämpliga kapitalbasnivåer för insti-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td41"><P class="p18 ft2">tutet. Inspektionen ska</P></TD>
<TD colspan=2 class="tr4 td32"><P class="p249 ft31">underrätta</P></TD>
<TD colspan=3 class="tr4 td159"><P class="p18 ft2">tutet. Inspektionen</P></TD>
<TD colspan=2 class="tr4 td194"><P class="p23 ft2">ska underrätta</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td67"><P class="p18 ft2">institutet</P></TD>
<TD class="tr4 td190"><P class="p18 ft2">om</P></TD>
<TD colspan=2 class="tr4 td80"><P class="p302 ft2">skillnaden</P></TD>
<TD class="tr4 td177"><P class="p249 ft2">mellan</P></TD>
<TD class="tr4 td67"><P class="p18 ft2">institutet</P></TD>
<TD class="tr4 td190"><P class="p18 ft2">om</P></TD>
<TD colspan=2 class="tr4 td24"><P class="p18 ft2">skillnaden</P></TD>
<TD class="tr4 td132"><P class="p23 ft2">mellan</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td86"><P class="p18 ft2">dessa nivåer och kapitalbaskraven</P></TD>
<TD colspan=5 class="tr5 td83"><P class="p23 ft2">dessa nivåer och kapitalbaskraven</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td303"><P class="p18 ft2">enligt tillsynsförordningen,</P></TD>
<TD class="tr4 td177"><P class="p249 ft2">denna</P></TD>
<TD colspan=5 class="tr4 td83"><P class="p23 ft2">enligt tillsynsförordningen, denna</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td86"><P class="p18 ft2">lag och lagen (2014:966) om</P></TD>
<TD colspan=5 class="tr4 td83"><P class="p23 ft2">lag och lagen (2014:966) om</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td41"><P class="p18 ft2">kapitalbuffertar.</P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td177"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td159"><P class="p18 ft2">kapitalbuffertar.</P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td67"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td131"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr18 td120"><P style="text-align: left;padding-left: 30px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">1 e §<SPAN class="ft20">9</SPAN></P></TD>
<TD class="tr18 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td86"><P class="p249 ft2">Finansinspektionen får avstå från</P></TD>
<TD colspan=5 class="tr4 td83"><P class="p23 ft2">Finansinspektionen får avstå från</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td86"><P class="p18 ft2">att besluta om ett särskilt kapital-</P></TD>
<TD colspan=5 class="tr4 td83"><P class="p23 ft2">att besluta om ett särskilt kapital-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td86"><P class="p18 ft2">baskrav om en överträdelse är ringa</P></TD>
<TD colspan=5 class="tr4 td83"><P class="p23 ft31">baskrav om en överträdelse är ringa</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td86"><P class="p18 ft2">eller ursäktlig, om <SPAN class="ft3">institutet </SPAN>gör rät-</P></TD>
<TD colspan=2 class="tr5 td206"><P class="p18 ft2">eller ursäktlig,</P></TD>
<TD class="tr5 td69"><P class="p1 ft2">om</P></TD>
<TD colspan=2 class="tr5 td194"><P class="p23 ft21">kreditinstitutet</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td86"><P class="p18 ft2">telse eller om någon annan myndig-</P></TD>
<TD colspan=5 class="tr4 td83"><P class="p23 ft2">gör rättelse eller om någon annan</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td86"><P class="p18 ft2">het har vidtagit åtgärder mot</P></TD>
<TD class="tr4 td67"><P class="p18 ft2">myndighet</P></TD>
<TD class="tr4 td190"><P class="p81 ft2">har</P></TD>
<TD colspan=2 class="tr4 td24"><P class="p73 ft2">vidtagit</P></TD>
<TD class="tr4 td132"><P class="p23 ft31">åtgärder</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td67"><P class="p18 ft2">institutet</P></TD>
<TD class="tr5 td190"><P class="p32 ft2">och</P></TD>
<TD class="tr5 td160"><P class="p181 ft31">dessa</P></TD>
<TD colspan=2 class="tr5 td32"><P class="p249 ft2">åtgärder</P></TD>
<TD colspan=5 class="tr5 td83"><P class="p23 ft2">mot institutet och dessa åtgärder</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td41"><P class="p18 ft2">bedöms tillräckliga.</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td177"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td159"><P class="p18 ft2">bedöms tillräckliga.</P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td81"><P class="p23 ft2">Bestämmelserna i 1 § gäller inte om överträdelsen är så allvarlig att</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p102 ft2">verksamhetstillståndet i stället ska återkallas.</P>
<P style="text-align: left;padding-left: 186px;margin-top: 15px;margin-bottom: 0px;" class="ft2">1 f §<SPAN class="ft20">10</SPAN></P>
<P class="p87 ft2">Finansinspektionen ska informera Riksgäldskontoret och berörda</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td50"><P class="p18 ft2">utländska resolutionsmyndigheter om</P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">1. beslut om särskilda kapitalbas-</P></TD>
<TD class="tr4 td85"><P class="p39 ft2">1. beslut om särskilda kapitalbas-</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">krav, och</P></TD>
<TD class="tr5 td85"><P class="p18 ft2">krav <SPAN class="ft3">enligt 1 §</SPAN>, och</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">2. underrättelser enligt 1 c §.</P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p265 ft45"><SPAN class="ft2">2</SPAN><SPAN class="ft63">§</SPAN>11</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td86"><P class="p249 ft2">Finansinspektionen ska besluta</P></TD>
<TD class="tr4 td90"><P class="p16 ft2">Finansinspektionen ska besluta</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">att ett <SPAN class="ft3">institut </SPAN>ska uppfylla ett</P></TD>
<TD class="tr4 td90"><P class="p16 ft31">att ett <SPAN class="ft21">kreditinstitut </SPAN>ska uppfylla ett</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p249 ft2">särskilt likviditetskrav, om det är</P></TD>
<TD class="tr5 td90"><P class="p16 ft2">särskilt likviditetskrav, om det är</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">nödvändigt för att täcka de</P></TD>
<TD class="tr4 td90"><P class="p16 ft2">nödvändigt för att täcka de</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">likviditetsrisker som <SPAN class="ft3">ett institut </SPAN>är</P></TD>
<TD class="tr4 td90"><P class="p16 ft2">likviditetsrisker som <SPAN class="ft3">institutet </SPAN>är</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p266 ft2">eller kan bli exponerat för.</P></TD>
<TD class="tr5 td90"><P class="p267 ft2">eller kan bli exponerat för<SPAN class="ft3">.</SPAN></P></TD>
</TR>
</TABLE>
<P class="p63 ft20"><SPAN class="ft2">3</SPAN><SPAN class="ft17">§</SPAN>12</P>
<TABLE cellpadding=0 cellspacing=0 class="t17">
<TR>
<TD class="tr5 td251"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 3px;vertical-align: bottom;" class="tr5"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td63"><P class="p108 ft2">Finansinspektionen får tillämpa</P></TD>
<TD class="tr5 td157"><P class="p204 ft2">Finansinspektionen får tillämpa</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p108 ft2">bestämmelserna om ingripande i de</P></TD>
<TD class="tr4 td157"><P class="p204 ft2">bestämmelserna om ingripande i de</P></TD>
</TR>
<TR>
<TD class="tr49 td251"><P class="p18 ft39">8</P></TD>
<TD colspan=2 class="tr49 td106"><P class="p363 ft27">Senaste lydelse 2020:1213.</P></TD>
<TD class="tr49 td157"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr8 td251"><P class="p18 ft39">9</P></TD>
<TD colspan=2 class="tr8 td106"><P class="p363 ft27">Senaste lydelse 2020:1213.</P></TD>
<TD class="tr8 td157"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr8 td241"><P class="p18 ft39">10</P></TD>
<TD class="tr8 td63"><P class="p1 ft43">Senaste lydelse 2020:1213.</P></TD>
<TD class="tr8 td157"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr8 td241"><P class="p18 ft39">11</P></TD>
<TD class="tr8 td63"><P class="p1 ft43">Senaste lydelse 2020:1213.</P></TD>
<TD rowspan=2 class="tr11 td157"><P class="p16 ft2">559</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td241"><P class="p18 ft39">12</P></TD>
<TD class="tr14 td63"><P class="p1 ft29">Senaste lydelse 2020:1213.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_560" style="position:relative; overflow: hidden;margin: 51px 0px 80px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=6 class="tr2 td109"><P class="p18 ft2">lagar som reglerar <SPAN class="ft3">institutets </SPAN>verk-</P></TD>
<TD colspan=7 class="tr2 td110"><P class="p18 ft2">lagar som reglerar <SPAN class="ft3">kreditinstitutets</SPAN></P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">samhet, om <SPAN class="ft3">ett institut </SPAN>inte upp-</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">verksamhet, om <SPAN class="ft3">institutet </SPAN>inte upp-</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft2">fyller</P></TD>
<TD class="tr4 td31"><P class="p79 ft2">ett</P></TD>
<TD class="tr4 td155"><P class="p448 ft2">särskilt</P></TD>
<TD colspan=3 class="tr4 td49"><P class="p108 ft2">kapitalbaskrav</P></TD>
<TD class="tr4 td114"><P class="p18 ft2">fyller</P></TD>
<TD class="tr4 td123"><P class="p79 ft2">ett</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p18 ft2">särskilt</P></TD>
<TD colspan=3 class="tr4 td65"><P class="p16 ft2">kapitalbaskrav</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">som beslutats enligt 1 § eller ett</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">som beslutats enligt 1 § eller ett</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td183"><P class="p18 ft2">särskilt</P></TD>
<TD colspan=3 class="tr5 td38"><P class="p80 ft2">likviditetskrav</P></TD>
<TD class="tr5 td97"><P class="p108 ft2">som</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft31">särskilt likviditetskrav som beslutats</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td105"><P class="p18 ft2">beslutats enligt 2 §.</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td97"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td35"><P class="p18 ft2">enligt 2 §.</P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p108 ft2">Om ett <SPAN class="ft3">institut </SPAN>uppfyller kapital-</P></TD>
<TD class="tr4 td114"><P class="p48 ft2">Om</P></TD>
<TD class="tr4 td123"><P class="p37 ft2">ett</P></TD>
<TD colspan=4 class="tr4 td65"><P class="p18 ft3">kreditinstitut</P></TD>
<TD class="tr4 td122"><P class="p16 ft2">uppfyller</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td183"><P class="p18 ft2">baskravet</P></TD>
<TD class="tr5 td155"><P class="p177 ft2">enligt</P></TD>
<TD colspan=3 class="tr5 td49"><P class="p108 ft2">tillsynsförord-</P></TD>
<TD colspan=3 class="tr5 td204"><P class="p18 ft2">kapitalbaskravet</P></TD>
<TD colspan=3 class="tr5 td233"><P class="p80 ft2">enligt</P></TD>
<TD class="tr5 td122"><P class="p16 ft2">tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft2">ningen</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td31"><P class="p18 ft2">de</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td97"><P class="p108 ft2">särskilda</P></TD>
<TD colspan=4 class="tr4 td76"><P class="p18 ft2">förordningen och</P></TD>
<TD colspan=2 class="tr4 td128"><P class="p80 ft2">de</P></TD>
<TD class="tr4 td122"><P class="p16 ft2">särskilda</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">kapitalbaskrav som följer av beslut</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">kapitalbaskrav som följer av beslut</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p18 ft2">enligt 1 §, men inte kravet på en</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">enligt 1 §, men inte kravet på en</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td26"><P class="p18 ft2">bruttosoliditetsbuffert</P></TD>
<TD class="tr4 td59"><P class="p77 ft2">i</P></TD>
<TD class="tr4 td97"><P class="p108 ft2">artikel</P></TD>
<TD colspan=5 class="tr4 td26"><P class="p18 ft2">bruttosoliditetsbuffert</P></TD>
<TD class="tr4 td6"><P class="p77 ft2">i</P></TD>
<TD class="tr4 td122"><P class="p16 ft2">artikel</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft2">92.1a</P></TD>
<TD colspan=5 class="tr4 td179"><P class="p108 ft2">i tillsynsförordningen eller</P></TD>
<TD class="tr4 td114"><P class="p18 ft2">92.1a</P></TD>
<TD colspan=6 class="tr4 td303"><P class="p16 ft2">i tillsynsförordningen eller</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p18 ft2">kraven enligt lagen (2014:966) om</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">kraven enligt lagen (2014:966) om</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td26"><P class="p18 ft2">kapitalbuffertar, ska</P></TD>
<TD colspan=2 class="tr4 td148"><P class="p108 ft2">bestämmel-</P></TD>
<TD colspan=3 class="tr4 td204"><P class="p18 ft2">kapitalbuffertar,</P></TD>
<TD colspan=2 class="tr4 td128"><P class="p18 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p16 ft2">bestämmel-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p18 ft2">serna om ingripande i 8 kap. lagen</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">serna om ingripande i 8 kap. lagen</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p18 ft2">om kapitalbuffertar tillämpas.</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">om kapitalbuffertar tillämpas.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV style="border:none;margin: 31px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P style="text-align: left;padding-left: 331px;padding-right: 71px;margin-top: 0px;margin-bottom: 0px;" class="ft61">2 a kap. Särskilda kapitalbas- och likviditetskrav för värdepappersbolag</P>
<P style="text-align: left;padding-left: 331px;margin-top: 13px;margin-bottom: 0px;" class="ft61">Särskilt kapitalbaskrav</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 520px;margin-top: 12px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr2 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td413"><P class="p293 ft3">1 §</P></TD>
<TD class="tr2 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p16 ft3">Finansinspektionen ska besluta</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p293 ft21">att ett värdepappersbolag ska upp-</P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td413"><P class="p293 ft3">fylla</P></TD>
<TD colspan=2 class="tr5 td95"><P class="p18 ft3">ett särskilt</P></TD>
<TD colspan=3 class="tr5 td151"><P class="p16 ft3">kapitalbaskrav</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p293 ft3">utöver den kapitalbas som krävs</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td413"><P class="p293 ft3">enligt</P></TD>
<TD colspan=5 class="tr4 td236"><P class="p16 ft3">värdepappersbolagsförord-</P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=2 style="padding: 0px;margin: 0px;width: 382px;vertical-align: bottom;" class="tr5"><P class="p293 ft3">ningen, om</P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p16 ft3">1. något av kraven i 8 kap. 3 §,</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p293 ft3">4 § första eller tredje stycket, 4 c</P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td212"><P class="p293 ft3">och <NOBR>5–8</NOBR> §§ lagen (2007:528) om</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=4 style="padding: 0px;margin: 0px;width: 448px;vertical-align: bottom;" class="tr4"><P class="p293 ft3">värdepappersmarknaden</P></TD>
<TD colspan=2 class="tr4 td18"><P class="p16 ft3">inte är</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p293 ft21">uppfyllt och det inte är sannolikt att</P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td212"><P class="p293 ft3">någon annan åtgärd är tillräcklig</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p293 ft3">för att få bolaget att rätta till bris-</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=4 style="padding: 0px;margin: 0px;width: 448px;vertical-align: bottom;" class="tr4"><P class="p293 ft3">terna inom rimlig tid,</P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td212"><P class="p16 ft3">2. ett särskilt kapitalbaskrav är</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p293 ft21">nödvändigt för att täcka väsentliga</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p293 ft3">risker som bolaget är eller kan bli</P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td212"><P class="p293 ft21">exponerat för och väsentliga risker</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p293 ft21">som bolaget utsätter det finansiella</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=2 style="padding: 0px;margin: 0px;width: 382px;vertical-align: bottom;" class="tr4"><P class="p293 ft3">systemet för,</P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=2 style="padding: 0px;margin: 0px;width: 382px;vertical-align: bottom;" class="tr5"><P class="p294 ft3">3. bolaget,</P></TD>
<TD class="tr5 td68"><P class="p18 ft21">under</P></TD>
<TD colspan=2 class="tr5 td230"><P class="p186 ft3">normala</P></TD>
<TD class="tr5 td126"><P class="p16 ft21">mark-</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p293 ft21">nadsförhållanden, inte skulle kunna</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td212"><P class="p293 ft21">avveckla positioner i handelslagret</P></TD>
</TR>
<TR>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td413"><P class="p293 ft3">under</P></TD>
<TD class="tr5 td37"><P class="p73 ft3">kort</P></TD>
<TD class="tr5 td68"><P class="p32 ft3">tid</P></TD>
<TD class="tr5 td47"><P class="p18 ft3">utan</P></TD>
<TD class="tr5 td16"><P class="p44 ft3">att</P></TD>
<TD class="tr5 td126"><P class="p16 ft3">göra</P></TD>
</TR>
<TR>
<TD class="tr4 td127"><P class="p16 ft2">560</P></TD>
<TD colspan=4 style="padding: 0px;margin: 0px;width: 448px;vertical-align: bottom;" class="tr4"><P class="p293 ft3">betydande förluster,</P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_561" style="position:relative; overflow: hidden;margin: 53px 0px 79px 272px;padding: 0px;border: none;width: 352px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 202px;overflow: hidden;">
<P class="p103 ft3"><SPAN class="ft3">4.</SPAN><SPAN class="ft53">granskningen av de interna modellerna enligt 5 a kap. visar att bolagets brister avseende kraven för att tillämpa de interna modellerna sannolikt kommer att leda till otillräckliga kapitalnivåer, eller</SPAN></P>
<P class="p115 ft3"><SPAN class="ft3">5.</SPAN><SPAN class="ft38">bolaget vid upprepade tillfällen låter bli att skaffa eller bibehålla tillräckliga nivåer av ytterligare kapital enligt 2 §.</SPAN></P>
<P class="p105 ft3">Ett beslut enligt första stycket ska vara skriftligt och grunda sig på översyn och utvärdering av värde- pappersbolaget.</P>
<P class="p239 ft21">Finansinspektionen får avstå från att besluta om ett särskilt kapital- baskrav, om en överträdelse är ringa eller ursäktlig, om värdepappers- bolaget gör rättelse eller om någon annan myndighet har vidtagit åtgärder mot bolaget och dessa åtgärder bedöms tillräckliga. Första stycket gäller inte om överträdelsen är så allvarlig att verksamhetstillståndet i stället ska återkallas.</P>
<P style="text-align: justify;padding-right: 12px;margin-top: 19px;margin-bottom: 0px;text-indent: 11px;" class="ft21">Finansinspektionen får fatta beslut enligt denna paragraf även i fråga om ett litet och icke- sammanlänkat värdepappersbolag, om inspektionen anser att det är motiverat.</P>
<P class="p188 ft3">2 §</P>
<P style="text-align: left;padding-right: 12px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft21">Finansinspektionen får besluta att ett värdepappersbolag ska ha en kapitalbasnivå som med tillräcklig marginal överstiger kraven enligt värdepappersbolagsförordningen, för att säkerställa att konjunktur- svängningar inte leder till över- trädelser av kapitalkraven eller hotar bolagets förmåga att avveckla verksamheten på ett ordnat sätt.</P>
<P class="p695 ft21">Finansinspektionen ska granska den nivå som värdepappersbolaget har fastställt efter ett beslut enligt första stycket och meddela bolaget om nivån är tillräcklig eller behöver justeras. Om nivån</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">561</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_562" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 330px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 218px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">562</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 258px;overflow: hidden;">
<P class="p1065 ft3">behöver justeras, ska inspektionen meddela bolaget den sista dag då justeringen ska ha gjorts.</P>
<P class="p996 ft21">Första och andra styckena gäller inte ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag.</P>
<P class="p336 ft3">3 §</P>
<P style="text-align: justify;padding-left: 1px;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3">När det gäller sådana värde- pappersbolag som avses i 2 kap. 1 § lagen (2015:1016) om resolu-</P>
<P style="text-align: justify;padding-left: 1px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft3">tion ska Finansinspektionen underrätta Riksgäldskontoret och berörda utländska resolutions- myndigheter om</P>
<P style="text-align: left;padding-left: 1px;padding-right: 68px;margin-top: 2px;margin-bottom: 0px;text-indent: 12px;" class="ft3"><SPAN class="ft3">1.</SPAN><SPAN class="ft38">beslut om särskilt kapitalbas- krav enligt 1 §, och</SPAN></P>
<P style="text-align: left;padding-left: 1px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;text-indent: 12px;" class="ft3"><SPAN class="ft3">2.</SPAN><SPAN class="ft38">förväntade justeringar enligt 2 § andra stycket.</SPAN></P>
<P class="p336 ft61">Särskilt likviditetskrav</P>
<P style="text-align: left;padding-left: 1px;margin-top: 15px;margin-bottom: 0px;" class="ft3">4 §</P>
<P style="text-align: justify;padding-left: 1px;padding-right: 63px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Finansinspektionen ska besluta att ett värdepappersbolag ska uppfylla ett särskilt likviditetskrav, om det är nödvändigt för att täcka de likviditetsrisker som bolaget är eller kan bli exponerat för.</P>
<P style="text-align: justify;padding-left: 1px;padding-right: 63px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Första stycket gäller inte för ett litet och <NOBR>icke-sammanlänkat</NOBR> värde- pappersbolag som omfattas av ett beslut om undantag enligt artikel</P>
<P style="text-align: left;padding-left: 1px;padding-right: 63px;margin-top: 2px;margin-bottom: 0px;" class="ft3"><SPAN class="ft3">43.1</SPAN><SPAN class="ft38">andra stycket i värdepappers- bolagsförordningen.</SPAN></P>
<P class="p284 ft61">Ingripande</P>
<P class="p330 ft3">5 §</P>
<P class="p996 ft3">Finansinspektionen får tillämpa bestämmelserna om ingripande i de lagar som reglerar värdepappers- bolagets verksamhet, om bolaget inte uppfyller ett särskilt kapital- baskrav som beslutats enligt 1 § eller ett särskilt likviditetskrav som beslutats enligt 4 §.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_563" style="position:relative; overflow: hidden;margin: 53px 0px 77px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P style="text-align: left;padding-left: 184px;padding-right: 192px;margin-top: 0px;margin-bottom: 0px;text-indent: -5px;" class="ft22"><SPAN class="ft22">3</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN><SPAN class="ft20">13</SPAN></P>
<P style="text-align: left;padding-left: 11px;padding-right: 35px;margin-top: 0px;margin-bottom: 0px;" class="ft2">För varje konsoliderad situation ska det finnas ett ansvarigt företag. Ett ansvarigt företag ska vara</P>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">ett moderinstitut inom EES,</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">ett finansiellt holdingföretag eller blandat finansiellt holdingföretag som har godkänts enligt 1 kap. 8 §,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t39">
<TR>
<TD class="tr5 td108"><P class="p18 ft2">3. ett <SPAN class="ft3">institut </SPAN>som</P></TD>
<TD colspan=2 class="tr5 td159"><P class="p18 ft3"><SPAN class="ft2">3. ett </SPAN>kreditinstitut</P></TD>
<TD class="tr5 td18"><P class="p256 ft3">eller ett</P></TD>
<TD class="tr5 td113"><P class="p16 ft3">mot-</P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft3">svarande</P></TD>
<TD class="tr4 td177"><P class="p18 ft3">utländskt</P></TD>
<TD class="tr4 td18"><P class="p271 ft21">företag</P></TD>
<TD class="tr4 td113"><P class="p16 ft21">inom</P></TD>
</TR>
<TR>
<TD class="tr4 td108"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft3">EES <SPAN class="ft2">som</SPAN></P></TD>
<TD class="tr4 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p105 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">är ett dotterföretag till ett finansiellt moderholdingföretag inom EES eller ett blandat finansiellt moderholdingföretag inom EES och som har medgetts undantag från kravet på godkännande enligt 1 kap. 9 §, och</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">avses i 1 kap. 9 § första stycket 3, eller</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t40">
<TR>
<TD class="tr4 td50"><P class="p107 ft2">4. ett <SPAN class="ft3">institut</SPAN>, ett finansiellt</P></TD>
<TD class="tr4 td215"><P class="p16 ft3"><SPAN class="ft2">4. ett </SPAN>kreditinstitut eller ett mot-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p107 ft2">holdingföretag eller blandat finan-</P></TD>
<TD class="tr4 td215"><P class="p16 ft3">svarande utländskt företag inom</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p107 ft2">siellt holdingföretag som avses i</P></TD>
<TD class="tr5 td215"><P class="p16 ft2"><SPAN class="ft3">EES</SPAN>, ett finansiellt holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p298 ft2">8 kap. 2 a § första stycket 2 c.</P></TD>
<TD class="tr4 td215"><P class="p16 ft2">eller blandat finansiellt holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p16 ft2">företag som avses i 8 kap. 2 a §</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p299 ft2">första stycket 2 c.</P></TD>
</TR>
</TABLE>
<P class="p63 ft45"><SPAN class="ft2">3</SPAN><SPAN class="ft63">§</SPAN>14</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR height=0>
<TD width=60px></TD>
<TD width=36px></TD>
<TD width=38px></TD>
<TD width=42px></TD>
<TD width=28px></TD>
<TD width=45px></TD>
<TD width=15px></TD>
<TD width=48px></TD>
<TD width=33px></TD>
<TD width=48px></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p108 ft2">Även om ett <SPAN class="ft3">institut</SPAN>, ett</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft2">Även om ett <SPAN class="ft3">kreditinstitut</SPAN>, ett</P></TD>
</TR>
<TR>
<TD class="tr4 td183"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=3 class="tr4 td242"><P class="p18 ft2">holdingföretag eller</P></TD>
<TD class="tr4 td190"><P class="p107 ft31">ett</P></TD>
<TD colspan=2 class="tr4 td183"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p18 ft2">holdingföretag</P></TD>
<TD class="tr4 td160"><P class="p16 ft2">eller ett</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p107 ft2">blandat finansiellt holdingföretag</P></TD>
<TD class="tr4 td89"><P class="p18 ft2">blandat</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p37 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p16 ft2">holdingföretag</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p107 ft2">inte är ansvarigt företag enligt 1 §,</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">inte är ansvarigt företag enligt 1 §,</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p108 ft2">ska det se till att kraven i 2 §</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft2">ska det se till att kraven i 2 §</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">tillämpas på undergruppsnivå, om</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">tillämpas på undergruppsnivå, om</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td130"><P class="p39 ft3"><SPAN class="ft2">1. </SPAN>institutet<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td114"><P class="p18 ft2">det</P></TD>
<TD colspan=2 class="tr4 td71"><P class="p107 ft2">finansiella</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">1. <SPAN class="ft3">kreditinstitutet</SPAN>, det finansiella</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td130"><P class="p18 ft2">holdingföretaget,</P></TD>
<TD class="tr5 td114"><P class="p48 ft2">det</P></TD>
<TD colspan=2 class="tr5 td71"><P class="p107 ft2">blandade</P></TD>
<TD colspan=3 class="tr5 td100"><P class="p18 ft2">holdingföretaget,</P></TD>
<TD class="tr5 td88"><P class="p18 ft2">det</P></TD>
<TD class="tr5 td160"><P class="p16 ft31">blandade</P></TD>
</TR>
<TR>
<TD class="tr4 td183"><P class="p18 ft2">finansiella</P></TD>
<TD colspan=4 class="tr4 td139"><P class="p107 ft2">holdingföretaget eller</P></TD>
<TD colspan=2 class="tr4 td183"><P class="p18 ft2">finansiella</P></TD>
<TD colspan=3 class="tr4 td79"><P class="p16 ft2">holdingföretaget eller</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p107 ft2">dess moderföretag, när moderföre-</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">dess moderföretag, när moderföre-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p107 ft2">taget är ett finansiellt holding-</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft2">taget är ett finansiellt holding-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p107 ft2">företag eller ett blandat finansiellt</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">företag eller ett blandat finansiellt</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p107 ft31">holdingföretag, har ett dotterföretag</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft31">holdingföretag, har ett dotterföretag</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p108 ft2">eller har ägarintresse i ett dotter-</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft2">eller har ägarintresse i ett dotter-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td130"><P class="p18 ft2">företag, och</P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td100"><P class="p18 ft2">företag, och</P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p108 ft2">2. dotterföretaget är ett utländskt</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">2. dotterföretaget är <SPAN class="ft3">etablerat i ett</SPAN></P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p107 ft2"><SPAN class="ft3">institut</SPAN>, ett finansiellt institut eller</P></TD>
<TD colspan=4 class="tr5 td219"><P class="p18 ft3">land utanför EES, och är</P></TD>
<TD class="tr5 td160"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td41"><P class="p18 ft2">ett förvaltningsbolag</P></TD>
<TD class="tr4 td62"><P class="p43 ft2">som</P></TD>
<TD class="tr4 td190"><P class="p108 ft2">är</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft3">a) <SPAN class="ft2">ett </SPAN>företag som motsvarar ett</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td116"><P class="p18 ft2">etablerat i ett land utanför EES.</P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td100"><P class="p18 ft3">kreditinstitut<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td183"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p39 ft3">b) <SPAN class="ft2">ett</SPAN></P></TD>
<TD colspan=4 class="tr5 td139"><P class="p16 ft3">företag som motsvarar ett</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 215px;padding-right: 63px;margin-top: 0px;margin-bottom: 0px;text-indent: -10px;" class="ft2">finansiellt institut<SPAN class="ft3">, </SPAN>eller <SPAN class="ft3">c) </SPAN>ett förvaltningsbolag.</P>
<P class="p116 ft2">Med förvaltningsbolag avses ett utländskt företag som i sitt hemland har tillstånd att förvalta fondföretag.</P>
<P style="text-align: left;margin-top: 49px;margin-bottom: 0px;" class="ft59"><SPAN class="ft25">13</SPAN><SPAN style="font: 11px 'Times New Roman';margin-left: 2px;line-height: 13px;">Senaste lydelse 2020:1213.</SPAN></P>
<P class="p102 ft29"><SPAN class="ft25">14</SPAN><SPAN class="ft44">Senaste lydelse 2020:1213.</SPAN></P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">563</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_564" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 575px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 1px 0px 0px 15px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p183 ft20"><SPAN class="ft2">4</SPAN><SPAN class="ft33">§</SPAN>15</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR height=0>
<TD width=33px></TD>
<TD width=48px></TD>
<TD width=14px></TD>
<TD width=29px></TD>
<TD width=35px></TD>
<TD width=44px></TD>
<TD width=137px></TD>
<TD width=30px></TD>
<TD width=23px></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p108 ft2">Ett moder- eller dotterföretag</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">Ett moder- eller dotterföretag</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p108 ft2">som står under tillsyn enligt denna</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">som står under tillsyn enligt denna</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td109"><P class="p108 ft2">lag ska på grupp- eller under-</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">lag ska på grupp- eller under-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p108 ft2">gruppsnivå uppfylla kraven i 6 kap.</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2">gruppsnivå uppfylla kraven i 6 kap.</P></TD>
</TR>
<TR>
<TD class="tr4 td88"><P class="p18 ft2">2 §</P></TD>
<TD class="tr4 td160"><P class="p18 ft2">första</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p207 ft31">stycket</P></TD>
<TD class="tr4 td47"><P class="p48 ft2">och</P></TD>
<TD class="tr4 td155"><P class="p108 ft2">3 §</P></TD>
<TD class="tr4 td220"><P class="p18 ft2">2 § första stycket</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td31"><P class="p16 ft2">3 §</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td138"><P class="p18 ft2">lagen (2004:297)</P></TD>
<TD class="tr4 td128"><P class="p412 ft2">om</P></TD>
<TD class="tr4 td47"><P class="p32 ft2">bank-</P></TD>
<TD class="tr4 td155"><P class="p108 ft2">och</P></TD>
<TD colspan=2 class="tr4 td180"><P class="p18 ft2">lagen (2004:297) om bank-</P></TD>
<TD class="tr4 td31"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td109"><P class="p108 ft31">finansieringsrörelse <SPAN class="ft21">samt 8 kap. 4 §</SPAN></P></TD>
<TD class="tr5 td220"><P class="p18 ft2">finansieringsrörelse om</P></TD>
<TD colspan=2 class="tr5 td177"><P class="p16 ft2">riskhan-</P></TD>
</TR>
<TR>
<TD class="tr4 td88"><P class="p18 ft3">första</P></TD>
<TD colspan=2 class="tr4 td7"><P class="p48 ft3">stycket</P></TD>
<TD class="tr4 td128"><P class="p292 ft21">och</P></TD>
<TD class="tr4 td47"><P class="p32 ft3">5 §</P></TD>
<TD class="tr4 td155"><P class="p108 ft21">lagen</P></TD>
<TD class="tr4 td220"><P class="p18 ft2">tering och genomlysning.</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td74"><P class="p18 ft21">(2007:528) om</P></TD>
<TD colspan=4 class="tr4 td112"><P class="p108 ft3">värdepappersmark-</P></TD>
<TD class="tr4 td220"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-right: 272px;margin-top: 1px;margin-bottom: 0px;" class="ft2"><SPAN class="ft3">naden </SPAN>om riskhantering och genom- lysning.</P>
<P class="p121 ft2">Ett sådant företag ska också införa styrformer, processer och rutiner enligt första stycket i sina dotterföretag som inte står under tillsyn enligt denna lag. Sådana dotterföretag ska uppfylla de krav som avses i första stycket på individuell nivå.</P>
<P class="p121 ft2">Finansinspektionen ska, efter ansökan av ett ansvarigt företag enligt 1 § andra stycket, besluta om undantag från kravet i andra stycket, om före- taget kan visa att ett sådant införande strider mot lagen i det land där dotter- företaget är etablerat.</P>
<P style="text-align: left;padding-left: 204px;padding-right: 85px;margin-top: 19px;margin-bottom: 0px;" class="ft65">3 a kap. Krav på värdepappersföretagskoncerner</P>
<P class="p162 ft61">Krav på moder- och dotterföretag</P>
<P style="text-align: left;padding-left: 203px;margin-top: 16px;margin-bottom: 0px;" class="ft3">1 §</P>
<P class="p328 ft3">När artikel 7 i värdepappers- bolagsförordningen är tillämplig ska 8 kap. 3 §, 4 § första och tredje styckena, 4 c och <NOBR>5–8</NOBR> §§ lagen (2007:528) om värdepappersmark- naden tillämpas på en värdepap- persföretagskoncern om inte annat följer av beslut enligt artikel 8 i samma förordning.</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 68px;margin-top: 3px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Finansinspektionen ska, efter ansökan av ett moderföretag som avses i artikel 7 i värdepappers- bolagsförordningen, besluta om undantag från kravet i första stycket, om företaget kan visa att en sådan tillämpning strider mot lagen i det land där dotterföretaget är etablerat.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 78px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P class="p14 ft2">564</P>
</DIV>
</DIV>
<DIV id="page_565" style="position:relative; overflow: hidden;margin: 52px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 204px;padding: 0px;border:none;width: 302px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 202px;overflow: hidden;">
<P style="text-align: left;padding-right: 83px;margin-top: 0px;margin-bottom: 0px;" class="ft60">Ledningen för ett värdepappersinriktat holdingföretag</P>
<P class="p330 ft3">2 §</P>
<P class="p103 ft3">Den som ingår i ledningen för ett värdepappersinriktat holdingföre- tag eller blandat finansiellt holdingföretag i en koncern som avses i 1 § ska ha tillräcklig insikt och erfarenhet för att delta i led- ningen av företaget och även i övrigt vara lämplig för en sådan uppgift.</P>
</DIV>
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 21px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<P style="text-align: left;padding-left: 184px;padding-right: 342px;margin-top: 0px;margin-bottom: 0px;text-indent: -5px;" class="ft22"><SPAN class="ft22">4</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN><SPAN class="ft20">16</SPAN></P>
<P class="p91 ft2">Finansinspektionen ska utöva tillsyn över att de gruppbaserade kraven är uppfyllda, om</P>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">moderföretaget är ett kreditinstitut,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">moderföretaget är ett värdepappersbolag och inget av dess dotter- företag är ett kreditinstitut,</SPAN></P>
<P class="p89 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">ett utländskt värdepappersföretag inom EES är moderföretag till ett kreditinstitut och det i den konsoliderade situationen inte finns något mot- svarande utländskt företag inom EES med en större total balans- omslutning,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr5 td86"><P class="p39 ft2">4. ett finansiellt holdingföretag</P></TD>
<TD class="tr5 td223"><P class="p204 ft2">4. ett finansiellt holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">eller ett blandat finansiellt holding-</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">eller ett blandat finansiellt holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">företag inom EES är moderföretag</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">företag inom EES är moderföretag</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">till ett <SPAN class="ft3">institut</SPAN>,</P></TD>
<TD class="tr5 td223"><P class="p204 ft3"><SPAN class="ft2">till ett </SPAN>kreditinstitut eller ett värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td223"><P class="p18 ft3">pappersbolag<SPAN class="ft2">,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p39 ft2">5. ett finansiellt holdingföretag</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">5. ett finansiellt holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">eller ett blandat finansiellt holding-</P></TD>
<TD class="tr5 td223"><P class="p204 ft2">eller ett blandat finansiellt holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">företag inom EES är moderföretag</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">företag inom EES är moderföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">till två eller flera <SPAN class="ft3">institut</SPAN>, och</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">till två eller flera <SPAN class="ft3">kreditinstitut,</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td223"><P class="p204 ft3">värdepappersbolag eller motsva-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td223"><P class="p18 ft3">rande utländska företag<SPAN class="ft2">, och</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p39 ft2">a) ett av <SPAN class="ft3">instituten </SPAN>är ett kredit-</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">a) ett av <SPAN class="ft3">företagen </SPAN>är ett kredit-</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">institut och det i den konsoliderade</P></TD>
<TD class="tr5 td223"><P class="p204 ft2">institut och det i den konsoliderade</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">situationen inte finns något mot-</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">situationen inte finns något mot-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">svarande utländskt företag inom</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">svarande utländskt företag inom</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">EES,</P></TD>
<TD class="tr5 td223"><P class="p18 ft2">EES,</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p39 ft2">b) ett av <SPAN class="ft3">instituten </SPAN>är ett kredit-</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">b) ett av <SPAN class="ft3">företagen </SPAN>är ett kredit-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">institut och det i den konsoliderade</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">institut och det i den konsoliderade</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">situationen inte finns något mot-</P></TD>
<TD class="tr5 td223"><P class="p204 ft2">situationen inte finns något mot-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">svarande utländskt företag inom</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">svarande utländskt företag inom</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">EES med en större balansomslut-</P></TD>
<TD class="tr4 td223"><P class="p204 ft2">EES med en större balansomslut-</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">ning, eller</P></TD>
<TD class="tr5 td223"><P class="p18 ft2">ning, eller</P></TD>
</TR>
<TR>
<TD class="tr28 td86"><P class="p18 ft29"><SPAN class="ft28">16 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr28 td223"><P class="p16 ft2">565</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_566" style="position:relative; overflow: hidden;margin: 51px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:419px;left:331px;width:189px;height:285px;"><SPAN class="ft2">När Finansinspektionen ska utöva tillsynen enligt 1 § första stycket </SPAN><NOBR><SPAN class="ft2">1–3,</SPAN></NOBR><SPAN class="ft2"> 5 och 6, får inspek- tionen komma överens med övriga berörda behöriga myndigheter om att en annan behörig myndighet inom EES än inspektionen ska ansvara för tillsynen. Finans- inspektionen får ingå en sådan överenskommelse, om det är olämpligt att inspektionen ansvarar för tillsynen med hänsyn till de </SPAN><SPAN class="ft3">kreditinstitut, värdepappersbolag </SPAN><SPAN class="ft2">och motsvarande utländska företag det gäller och den relativa betydelsen av deras verksamheter i de olika länderna eller behovet av att säkerställa kontinuitet i tillsynen på gruppnivå.</SPAN></DIV>
<DIV style="position:absolute;top:711px;left:331px;width:189px;height:30px;"><SPAN class="ft2">I ett sådant fall ska moder- institutet inom EES, det finansiella</SPAN></DIV>
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 575px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 15px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td50"><P class="p30 ft2">c) ett av <SPAN class="ft3">instituten </SPAN>är ett värde-</P></TD>
<TD class="tr2 td85"><P class="p48 ft2">c) ett av <SPAN class="ft3">företagen </SPAN>är ett värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p30 ft31">pappersbolag och det i den konsoli-</P></TD>
<TD class="tr4 td85"><P class="p18 ft31">pappersbolag och det i den konsoli-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p442 ft31">derade situationen inte finns något</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">derade situationen inte finns något</P></TD>
</TR>
</TABLE>
<P class="p122 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft17">motsvarande utländskt företag inom EES med en större balans- omslutning, eller</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">–</SPAN><SPAN class="ft17">kreditinstitut eller motsvarande utländskt företag inom EES, eller</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft33">konsolidering krävs enligt artikel 18.3 eller 18.6 i tillsyns- förordningen och</SPAN></P>
<P class="p122 ft2">a) ett kreditinstitut har den största balansomslutningen av motsvarande företag inom EES, eller</P>
<P class="p124 ft2">b) ett värdepappersbolag har den största balansomslutningen av mot- svarande företag inom EES och det inte finns något kreditinstitut eller motsvarande utländskt företag inom EES.</P>
<P class="p121 ft2">Första stycket 3, 5 b, 5 c och 6 gäller dock inte om en annan behörig myndighet utövar tillsyn på individuell nivå över minst två utländska företag i den konsoliderade situationen och summan av de totala balans- omslutningarna för dessa är högre än för det svenska företaget.</P>
<P class="p121 ft2">Även om en annan behörig myndighet ska utöva tillsyn över att de gruppbaserade kraven uppfylls enligt artikel 111.1 tredje stycket, 111.3 b eller c eller 111.4 i kapitaltäckningsdirektivet, ska Finansinspektionen utöva sådan tillsyn om inspektionen på individuell nivå ska utöva tillsyn över minst två kreditinstitut respektive värdepappersbolag i den konsoliderade situationen och summan av de totala balansomslutningarna för dessa är högre än de för motsvarande utländska företag inom ett och samma land inom EES.</P>
<P class="p306 ft20"><SPAN class="ft2">2</SPAN><SPAN class="ft33">§</SPAN>17</P>
<P style="text-align: justify;padding-right: 268px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2">När Finansinspektionen ska utöva tillsynen enligt 1 § första stycket <NOBR>1–3,</NOBR> 5 och 6, får inspek- tionen komma överens med övriga berörda behöriga myndigheter om att en annan behörig myndighet inom EES än inspektionen ska ansvara för tillsynen. Finans- inspektionen får ingå en sådan överenskommelse, om det är olämpligt att inspektionen ansvarar för tillsynen med hänsyn till de <SPAN class="ft3">institut </SPAN>och motsvarande utländska företag det gäller och den relativa betydelsen av deras verksamheter i de olika länderna eller behovet av att säkerställa kontinuitet i tillsynen på gruppnivå.</P>
<P style="text-align: justify;padding-right: 273px;margin-top: 37px;margin-bottom: 0px;text-indent: 11px;" class="ft2">I ett sådant fall ska moder- institutet inom EES, det finansiella</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 29px 0px 0px 0px;padding: 0px;border:none;width: 252px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 252px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p278 ft2">566</P></TD>
<TD class="tr2 td209"><P class="p279 ft27"><SPAN class="ft48">17 </SPAN>Senaste lydelse 2020:1213.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_567" style="position:relative; overflow: hidden;margin: 50px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="position:absolute;top:267px;left:205px;width:188px;height:180px;"><SPAN class="ft2">Om det skulle vara olämpligt med hänsyn till de </SPAN><SPAN class="ft3">kreditinstitut, värdepappersbolag </SPAN><SPAN class="ft2">eller motsvar- ande utländska företag det gäller, den relativa betydelsen av deras verksamheter i de olika länderna eller behovet av att säkerställa kontinuitet i tillsynen på gruppnivå att tillsynen utövas av den myndighet som enligt artikel 111.1, 111.3 eller 111.4 i kapital- täckningsdirektivet ska utöva den</SPAN></DIV>
<DIV style="position:absolute;top:451px;left:205px;width:188px;height:90px;"><SPAN class="ft31">gruppbaserade tillsynen, får Finansinspektionen komma över- ens med de övriga berörda behöriga myndigheterna om att inspektionen eller någon annan behörig myn- dighet ska ansvara för tillsynen.</SPAN></DIV>
<DIV style="position:absolute;top:543px;left:205px;width:188px;height:195px;"><SPAN class="ft2">I ett sådant fall ska moder- institutet inom EES, det finansiella moderholdingföretaget inom EES, </SPAN><SPAN class="ft3">det blandade finansiella moder- holdingföretaget inom EES</SPAN><SPAN class="ft2">, eller det </SPAN><SPAN class="ft3">kreditinstitut, värdepappers- bolag </SPAN><SPAN class="ft2">eller motsvarande utländska företag som har den största balansomslutningen, beroende på vad som är tillämpligt, ges tillfälle att yttra sig innan Finansinspek- tionen och de övriga berörda behö- riga myndigheterna ingår överens-</SPAN></DIV>
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 4px 0px 0px 0px;padding: 0px;border:none;width: 188px;overflow: hidden;">
<P class="p191 ft2">moderholdingföretaget inom EES, det blandade finansiella <SPAN class="ft3">holding- företaget </SPAN>eller det <SPAN class="ft3">institut </SPAN>eller motsvarande utländska företag som har den största balansomslut- ningen, beroende på vad som är tillämpligt, ges tillfälle att yttra sig innan Finansinspektionen och de övriga berörda behöriga myndig- heterna ingår överenskommelsen. Europeiska kommissionen och Europeiska bankmyndigheten ska underrättas om en sådan överens- kommelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 17px;padding: 0px;border:none;width: 301px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 301px;font: 13px 'Times New Roman';">
<TR>
<TD colspan=4 class="tr2 td83"><P class="p18 ft2">moderholdingföretaget inom EES,</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td113"><P class="p18 ft2">det</P></TD>
<TD class="tr5 td230"><P class="p18 ft2">blandade</P></TD>
<TD class="tr5 td67"><P class="p177 ft2">finansiella</P></TD>
<TD class="tr5 td183"><P class="p23 ft3">moder-</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 9</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td83"><P class="p18 ft3">holdingföretaget inom EES<SPAN class="ft2">, eller</SPAN></P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft2">det</P></TD>
<TD colspan=3 style="padding: 0px;margin: 0px;width: 175px;vertical-align: bottom;" class="tr4"><P class="p23 ft3">kreditinstitut, värdepappers-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td83"><P class="p18 ft2"><SPAN class="ft3">bolag </SPAN>eller motsvarande utländska</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td83"><P class="p18 ft2">företag som har den största balans-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td144"><P class="p18 ft2">omslutningen,</P></TD>
<TD class="tr4 td67"><P class="p270 ft31">beroende</P></TD>
<TD class="tr4 td183"><P class="p23 ft2">på vad</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td83"><P class="p18 ft2">som är tillämpligt, ges tillfälle att</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td83"><P class="p18 ft2">yttra sig innan Finansinspektionen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td83"><P class="p18 ft2">och de övriga berörda behöriga</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td144"><P class="p18 ft2">myndigheterna</P></TD>
<TD class="tr5 td67"><P class="p78 ft2">ingår</P></TD>
<TD class="tr5 td183"><P class="p23 ft2">överens-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td219"><P class="p18 ft2">kommelsen. Europeiska</P></TD>
<TD class="tr4 td183"><P class="p23 ft2">kommis-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td144"><P class="p18 ft2">sionen och</P></TD>
<TD colspan=2 class="tr4 td202"><P class="p23 ft2">Europeiska bank-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-right: 113px;margin-top: 1px;margin-bottom: 0px;" class="ft2">myndigheten ska underrättas om en sådan överenskommelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 18px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<P class="p183 ft20"><SPAN class="ft2">3</SPAN><SPAN class="ft17">§</SPAN>18</P>
<P class="p308 ft2">Om det skulle vara olämpligt med hänsyn till de <SPAN class="ft3">institut </SPAN>eller motsvarande utländska företag det gäller, den relativa betydelsen av deras verksamheter i de olika länderna eller behovet av att säker- ställa kontinuitet i tillsynen på gruppnivå att tillsynen utövas av den myndighet som enligt artikel 111.1, 111.3 eller 111.4 i kapital- täckningsdirektivet ska utöva den</P>
<P class="p309 ft2">gruppbaserade tillsynen, får Finansinspektionen komma över- ens med de övriga berörda behöriga myndigheterna om att inspektionen eller någon annan behörig myn- dighet ska ansvara för tillsynen.</P>
<P style="text-align: justify;padding-right: 363px;margin-top: 17px;margin-bottom: 0px;text-indent: 11px;" class="ft2">I ett sådant fall ska moder- institutet inom EES, det finansiella moderholdingföretaget inom EES eller det <SPAN class="ft3">institut </SPAN>eller motsvarande utländska företag som har den största balansomslutningen, bero- ende på vad som är tillämpligt, ges tillfälle att yttra sig innan Finans- inspektionen och de övriga berörda behöriga myndigheterna ingår</P>
<P style="text-align: justify;padding-right: 368px;margin-top: 3px;margin-bottom: 0px;" class="ft2">överenskommelsen. Europeiska kommissionen och Europeiska</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 45px;font: 7px 'Times New Roman';">
<TR>
<TD style="padding: 0px;margin: 0px;width: 305px;vertical-align: bottom;" class="tr2"><P class="p18 ft29"><SPAN class="ft28">18 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr2 td302"><P class="p16 ft2">567</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_568" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:81px;left:311px;width:30px;height:15px;"><SPAN class="ft2">5 §</SPAN><SPAN class="ft20">19</SPAN></DIV>
<DIV style="position:absolute;top:96px;left:127px;width:393px;height:45px;"><SPAN class="ft2">Inom fyra månader från det att Finansinspektionen har lämnat en rapport enligt 4 §, ska inspektionen försöka komma överens med övriga berörda behöriga myndigheter om vilket beslut som bör fattas</SPAN></DIV>
<DIV style="position:absolute;top:143px;left:127px;width:393px;height:30px;"><SPAN class="ft2">1. i enlighet med 2 kap. 2 § med anledning av väsentliga resultat av likviditetstillsynen, och</SPAN></DIV>
<DIV style="position:absolute;top:173px;left:127px;width:393px;height:60px;"><SPAN class="ft2">2. om huruvida kapitalbasen på gruppnivå är tillräcklig med hänsyn till den finansiella situationen och riskprofilen och om de kapitalbasnivåer som krävs för att tillämpa 2 kap. 1 och 1 c §§ på individuell nivå eller gruppnivå.</SPAN></DIV>
<DIV style="position:absolute;top:234px;left:127px;width:393px;height:90px;"><SPAN class="ft2">Överenskommelsen enligt första Överenskommelsen enligt första stycket 1 ska ta hänsyn till de stycket 1 ska ta hänsyn till de resultat som framkommit i fråga resultat som framkommit i fråga om </SPAN><SPAN class="ft3">institutens </SPAN><SPAN class="ft2">organisation, risk- om </SPAN><SPAN class="ft3">kreditinstitutens och de mot- </SPAN><SPAN class="ft2">hantering och behovet av särskilda </SPAN><SPAN class="ft3">svarande utländska företagens </SPAN><SPAN class="ft2">likviditetskrav för specifika institut organisation, riskhantering och</SPAN></DIV>
<DIV style="position:absolute;top:326px;left:331px;width:189px;height:30px;"><SPAN class="ft2">behovet av särskilda likviditetskrav för specifika institut.</SPAN></DIV>
<DIV style="position:absolute;top:391px;left:331px;width:174px;height:30px;"><SPAN class="ft65">4 a kap. Tillsynsansvar för värdepappersföretagskoncerner</SPAN></DIV>
<DIV style="position:absolute;top:436px;left:331px;width:22px;height:15px;"><SPAN class="ft3">1 §</SPAN></DIV>
<DIV style="position:absolute;top:451px;left:331px;width:189px;height:135px;"><SPAN class="ft3">Finansinspektionen ska utöva tillsyn över att kraven i artikel 7 i värdepappersbolagsförordningen är uppfyllda eller, i tillämpliga fall, villkoren i artikel 8 i samma förordning är uppfyllda, om det i koncernen inte finns något krediti- nstitut eller motsvarande utländskt företag inom EES, och</SPAN></DIV>
<DIV style="position:absolute;top:589px;left:331px;width:189px;height:30px;"><SPAN class="ft3">1. moderföretaget är ett värde- pappersbolag,</SPAN></DIV>
<DIV style="position:absolute;top:620px;left:331px;width:189px;height:105px;"><SPAN class="ft3">2. ett värdepappersinriktat holdingföretag eller ett blandat finansiellt holdingföretag inom EES är moderföretag till ett värde- pappersbolag och det i koncernen inte finns något motsvarande utländskt företag inom EES,</SPAN></DIV>
<DIV style="position:absolute;top:771px;left:127px;width:130px;height:12px;"><SPAN class="ft48">19 </SPAN><SPAN class="ft27">Senaste lydelse 2020:1213.</SPAN></DIV>
<DIV style="position:absolute;top:2px;left:331px;width:189px;height:60px;"><SPAN class="ft2">kommelsen. Europeiska kommis- sionen och Europeiska bankmyn- digheten ska underrättas om en sådan överenskommelse.</SPAN></DIV>
<DIV style="position:absolute;top:2px;left:127px;width:188px;height:30px;"><SPAN class="ft2">bankmyndigheten ska underrättas om en sådan överenskommelse.</SPAN></DIV>
<P style="text-align: left;padding-left: 13px;padding-right: 476px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">568</P>
</DIV>
<DIV id="page_569" style="position:relative; overflow: hidden;margin: 53px 0px 79px 273px;padding: 0px;border: none;width: 351px;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft3">3.</SPAN><SPAN class="ft53">ett svenskt värdepappers- </SPAN><SPAN class="ft2">Prop. 2020/21:173 </SPAN>inriktat holdingföretag eller ett <SPAN class="ft2">Bilaga 9 </SPAN>svenskt blandat finansiellt holding-</P>
<P class="p1091 ft3">företag är moderföretag till ett värdepappersbolag och minst ett motsvarande utländskt företag inom EES,</P>
<P class="p87 ft3"><SPAN class="ft3">4.</SPAN><SPAN class="ft53">ett värdepappersinriktat hol-</SPAN></P>
<P class="p868 ft3">dingföretag eller ett blandat finan- siellt holdingföretag är moder- företag till ett värdepappersbolag och minst ett motsvarande utländskt företag inom EES, och</P>
<P class="p89 ft3"><SPAN class="ft3">–</SPAN><SPAN class="ft38">inget sådant dotterföretag är auktoriserat i samma land inom EES som moderföretaget är etablerat i, och</SPAN></P>
<P class="p89 ft3"><SPAN class="ft3">–</SPAN><SPAN class="ft38">värdepappersbolaget har större balansomslutning än något av de motsvarande utländska före- tagen inom EES, eller</SPAN></P>
<P class="p132 ft3">5. det i koncernen finns två eller</P>
<P class="p439 ft3">flera värdepappersinriktade holdingföretag eller blandade finansiella holdingföretag med huvudkontor i olika länder inom EES som är moderföretag till ett värdepappersbolag och minst ett motsvarande utländskt företag inom EES och</P>
<P class="p420 ft3"><SPAN class="ft3">–</SPAN><SPAN class="ft38">dotterföretagen är auktoris- erade i de respektive länder inom EES som moderföretagen har huvudkontor i, och</SPAN></P>
<P class="p89 ft3"><SPAN class="ft3">–</SPAN><SPAN class="ft38">värdepappersbolaget har större balansomslutning än något av de motsvarande utländska före- tagen inom EES.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 style="width: 300px;margin-top: 14px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr2 td135"><P class="p18 ft3">2 §</P></TD>
<TD class="tr2 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td135"><P class="p39 ft3">När</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td187"><P class="p18 ft3">Finansinspektionen</P></TD>
<TD class="tr4 td27"><P class="p267 ft21">ska</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td135"><P class="p18 ft3">utöva</P></TD>
<TD colspan=2 class="tr4 td7"><P class="p35 ft3">tillsynen</P></TD>
<TD colspan=2 class="tr4 td148"><P class="p43 ft3">enligt 1 §</P></TD>
<TD class="tr4 td27"><P class="p267 ft3">får</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 234px;vertical-align: bottom;" class="tr4"><P class="p18 ft3">inspektionen komma överens med</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td122"><P class="p18 ft3">övriga</P></TD>
<TD colspan=2 class="tr5 td80"><P class="p160 ft3">berörda</P></TD>
<TD colspan=2 class="tr5 td195"><P class="p267 ft3">behöriga</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 234px;vertical-align: bottom;" class="tr4"><P class="p18 ft3">myndigheter om att en annan</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 234px;vertical-align: bottom;" class="tr4"><P class="p18 ft3">behörig myndighet inom EES än</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td152"><P class="p18 ft3">inspektionen ska</P></TD>
<TD class="tr5 td102"><P class="p18 ft3">ansvara</P></TD>
<TD class="tr5 td27"><P class="p267 ft3">för</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td122"><P class="p18 ft21">tillsynen.</P></TD>
<TD colspan=3 class="tr4 td187"><P class="p81 ft3">Finansinspektionen</P></TD>
<TD class="tr4 td27"><P class="p267 ft3">får</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td135"><P class="p18 ft3">ingå</P></TD>
<TD class="tr4 td181"><P class="p18 ft3">en</P></TD>
<TD class="tr4 td89"><P class="p32 ft3">sådan</P></TD>
<TD colspan=3 class="tr4 td381"><P class="p267 ft21">överenskommelse</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 234px;vertical-align: bottom;" class="tr5"><P class="p18 ft3">om det är olämpligt att inspek-</P></TD>
<TD class="tr5 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 style="padding: 0px;margin: 0px;width: 234px;vertical-align: bottom;" class="tr5"><P class="p18 ft3">tionen ansvarar för tillsynen med</P></TD>
<TD class="tr5 td80"><P class="p16 ft2">569</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_570" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 331px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 219px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">570</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 257px;overflow: hidden;">
<P class="p1065 ft3">hänsyn till de berörda värde- pappersbolagen och värdepappers- företagen och betydelsen av deras verksamhet i de relevanta länderna inom EES.</P>
<P class="p996 ft3">I ett sådant fall ska det blandade finansiella moderholdingföretaget inom EES, det värdepappersinrik- tade moderholdingföretaget inom EES, eller det värdepappersbolag eller motsvarande utländska före- tag som har den största balans- omslutningen, beroende på vad som är tillämpligt, ges tillfälle att yttra sig innan Finansinspektionen och de övriga berörda behöriga myndigheterna ingår överens-</P>
<P class="p1069 ft3">kommelsen.<SPAN style="padding-left:65px;">Europeiska kommissionen och Europeiska bankmyndigheten ska underrättas om en sådan överenskommelse.</SPAN></P>
<P class="p316 ft3">3 §</P>
<P class="p682 ft3">Om det skulle vara olämpligt med hänsyn till de värdepappersbolag eller motsvarande utländska före- tag i en värdepappersföretags- koncern det gäller och betydelsen av deras verksamhet i de olika länderna inom EES att tillsynen utövas av den myndighet som enligt artikel <NOBR>46.3–46.5</NOBR> i värdepappers- bolagsdirektivet ska utöva sådan tillsyn som avses i 1 §, får Finans- inspektionen komma överens med de övriga berörda behöriga myn- digheterna om att inspektionen eller någon annan behörig myndig- het ska ansvara för tillsynen.</P>
<P style="text-align: justify;padding-right: 63px;margin-top: 6px;margin-bottom: 0px;text-indent: 11px;" class="ft3">I ett sådant fall ska det blandade finansiella moderholdingföretaget inom EES, det värdepappersinrik- tade moderholdingföretaget inom EES, eller det värdepappersbolag eller motsvarande utländska före- tag som har den största balans- omslutningen, beroende på vad som är tillämpligt, ges tillfälle att yttra sig innan Finansinspektionen och de övriga berörda behöriga myndigheterna ingår överens-</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_571" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 94px 0px 0px 0px;padding: 0px;border:none;width: 151px;overflow: hidden;">
<P class="p14 ft22">5 kap. Tillsyn över interna metoder</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 53px;padding: 0px;border:none;width: 352px;overflow: hidden;">
<P style="text-align: left;padding-left: 1px;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft3">kommelsen. Europeiska kommis- <SPAN class="ft2">Prop. 2020/21:173 </SPAN>sionen och Europeiska bankmyn- <SPAN class="ft2">Bilaga 9 </SPAN>digheten ska underrättas om en</P>
<P style="text-align: left;padding-left: 1px;margin-top: 2px;margin-bottom: 0px;" class="ft3">sådan överenskommelse.</P>
<P style="text-align: left;padding-right: 201px;margin-top: 32px;margin-bottom: 0px;" class="ft22">5 kap. Tillsyn över interna metoder <SPAN class="ft61">för kreditinstitut</SPAN></P>
</DIV>
</DIV>
<DIV style="border:none;margin: 14px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t44">
<TR>
<TD class="tr16 td195"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td173"><P class="p127 ft2">1 §</P></TD>
<TD class="tr16 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td195"><P class="p39 ft2">Finansinspektionen</P></TD>
<TD class="tr4 td56"><P class="p37 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p1 ft2">löpande,</P></TD>
<TD colspan=5 class="tr4 td208"><P class="p237 ft2">Finansinspektionen ska</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p16 ft2">löpande,</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">åtminstone vart tredje år, granska</P></TD>
<TD colspan=7 class="tr5 td63"><P class="p37 ft2">åtminstone vart tredje år, granska</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3"><SPAN class="ft2">hur ett </SPAN>institut <SPAN class="ft2">uppfyller </SPAN>ställda krav</P></TD>
<TD class="tr4 td149"><P class="p37 ft2">hur ett</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td206"><P class="p80 ft3">kreditinstitut</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p16 ft2">uppfyller</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">på sådana metoder som kräver till-</P></TD>
<TD colspan=7 class="tr4 td63"><P class="p37 ft2"><SPAN class="ft3">kraven </SPAN>på sådana metoder som</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">stånd från de behöriga myndig-</P></TD>
<TD colspan=7 class="tr5 td63"><P class="p37 ft2">kräver tillstånd från de behöriga</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">heterna innan de får användas för att</P></TD>
<TD colspan=7 class="tr4 td63"><P class="p37 ft2">myndigheterna innan de får an-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">beräkna kapitalbaskraven i enlighet</P></TD>
<TD colspan=7 class="tr4 td63"><P class="p37 ft2">vändas för att beräkna kapitalbas-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">med artiklarna <NOBR>92–386</NOBR> i tillsynsför-</P></TD>
<TD class="tr5 td149"><P class="p37 ft2">kraven</P></TD>
<TD class="tr5 td203"><P class="p18 ft2">i</P></TD>
<TD colspan=2 class="tr5 td177"><P class="p32 ft2">enlighet</P></TD>
<TD class="tr5 td88"><P class="p32 ft2">med</P></TD>
<TD colspan=2 class="tr5 td149"><P class="p16 ft2">artiklar-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">ordningen. Vid bedömningen ska <SPAN class="ft3">sär-</SPAN></P></TD>
<TD colspan=2 class="tr4 td183"><P class="p37 ft2">na <NOBR>92–386</NOBR></P></TD>
<TD class="tr4 td128"><P class="p48 ft2">i</P></TD>
<TD colspan=4 class="tr4 td136"><P class="p16 ft31">tillsynsförordningen.</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">skilt uppmärksammas <SPAN class="ft2">förändringar i</SPAN></P></TD>
<TD colspan=7 class="tr4 td63"><P class="p37 ft2">Vid bedömningen ska <SPAN class="ft3">inspektionen</SPAN></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">institutets affärsverksamhet och hur</P></TD>
<TD class="tr5 td149"><P class="p37 ft3">särskilt</P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td177"><P class="p18 ft3">beakta</P></TD>
<TD colspan=2 class="tr5 td35"><P class="p18 ft31">förändringar</P></TD>
<TD class="tr5 td127"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">interna metoder tillämpas på nya</P></TD>
<TD colspan=6 class="tr4 td116"><P class="p37 ft2">institutets affärsverksamhet och</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">hur</P></TD>
</TR>
<TR>
<TD class="tr4 td195"><P class="p18 ft2">produkter.</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td63"><P class="p37 ft2">interna metoder tillämpas på nya</P></TD>
</TR>
<TR>
<TD class="tr5 td195"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td183"><P class="p37 ft2">produkter.</P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td195"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td173"><P class="p127 ft2">2 §</P></TD>
<TD class="tr13 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p107 ft2">Om det framkommer att ett</P></TD>
<TD colspan=7 class="tr4 td63"><P class="p44 ft2">Om det framkommer att ett</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2"><SPAN class="ft3">instituts </SPAN>interna metoder enligt 1 §</P></TD>
<TD colspan=3 class="tr5 td73"><P class="p18 ft3">kreditinstituts</P></TD>
<TD colspan=2 class="tr5 td230"><P class="p79 ft2">interna</P></TD>
<TD colspan=2 class="tr5 td149"><P class="p44 ft2">metoder</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">innebär väsentliga brister i fråga om</P></TD>
<TD colspan=7 class="tr4 td63"><P class="p18 ft2">enligt 1 § innebär väsentliga brister</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">förmågan </SPAN>att identifiera risker, ska</P></TD>
<TD colspan=7 class="tr4 td63"><P class="p18 ft2">i fråga om att identifiera risker, ska</P></TD>
</TR>
<TR>
<TD class="tr5 td195"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr5 td56"><P class="p18 ft2">se</P></TD>
<TD class="tr5 td127"><P class="p18 ft2">till</P></TD>
<TD class="tr5 td114"><P class="p107 ft2">att</P></TD>
<TD colspan=4 class="tr5 td78"><P class="p18 ft2">Finansinspektionen</P></TD>
<TD class="tr5 td88"><P class="p43 ft2">se</P></TD>
<TD class="tr5 td126"><P class="p18 ft2">till</P></TD>
<TD class="tr5 td127"><P class="p44 ft31">att</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td179"><P class="p18 ft2">institutet åtgärdar metoderna</P></TD>
<TD class="tr4 td114"><P class="p107 ft2">eller</P></TD>
<TD class="tr4 td149"><P class="p18 ft2">institutet</P></TD>
<TD colspan=6 class="tr4 td208"><P class="p44 ft2">åtgärdar metoderna eller</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">vidtar nödvändiga åtgärder för att</P></TD>
<TD colspan=7 class="tr4 td63"><P class="p18 ft2">vidtar nödvändiga åtgärder för att</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td208"><P class="p18 ft2">minska följderna av dem.</P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td208"><P class="p18 ft2">minska följderna av dem.</P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td195"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td173"><P class="p127 ft2">3 §</P></TD>
<TD class="tr13 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p107 ft2">Om ett <SPAN class="ft3">institut </SPAN>som beviljats</P></TD>
<TD colspan=7 class="tr4 td63"><P class="p44 ft3"><SPAN class="ft2">Om ett </SPAN>kreditinstitut <SPAN class="ft2">som be-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">tillstånd att använda sig av en</P></TD>
<TD colspan=7 class="tr5 td63"><P class="p18 ft2">viljats tillstånd att använda sig av en</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">metod som avses i 1 § inte längre</P></TD>
<TD colspan=7 class="tr4 td63"><P class="p18 ft2">metod som avses i 1 § inte längre</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">uppfyller kraven för användning av</P></TD>
<TD colspan=7 class="tr4 td63"><P class="p18 ft2">uppfyller kraven för användning av</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">metoden, ska Finansinspektionen</P></TD>
<TD class="tr5 td149"><P class="p18 ft2">metoden,</P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p1 ft2">ska</P></TD>
<TD colspan=4 class="tr5 td136"><P class="p44 ft31">Finansinspektionen</P></TD>
</TR>
<TR>
<TD class="tr4 td195"><P class="p18 ft2">kräva att institutet</P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td78"><P class="p18 ft2">kräva att institutet</P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">visar att följderna av att kraven inte uppfylls är oväsentliga, eller</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">presenterar en åtgärdsplan för att i god tid åter uppfylla kraven och ange en tid inom vilken planen ska genomföras.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 16px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td80"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td18"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td322"><P class="p1854 ft2">4 §</P></TD>
<TD class="tr2 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td67"><P class="p39 ft2">Om det</P></TD>
<TD colspan=2 class="tr4 td202"><P class="p186 ft2">bedöms osannolikt</P></TD>
<TD class="tr4 td190"><P class="p107 ft31">att</P></TD>
<TD class="tr4 td407"><P class="p267 ft2">Om det bedöms osannolikt att</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td190"><P class="p18 ft2">den</P></TD>
<TD colspan=2 class="tr4 td130"><P class="p18 ft2">åtgärdsplan som</P></TD>
<TD colspan=2 class="tr4 td146"><P class="p108 ft2">presenteras</P></TD>
<TD class="tr4 td407"><P class="p267 ft2">den åtgärdsplan som presenteras</P></TD>
<TD class="tr4 td80"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td190"><P class="p18 ft2">leder</P></TD>
<TD class="tr4 td126"><P class="p77 ft2">till</P></TD>
<TD class="tr4 td80"><P class="p18 ft2">att kraven</P></TD>
<TD class="tr4 td18"><P class="p186 ft2">kommer</P></TD>
<TD class="tr4 td190"><P class="p108 ft2">att</P></TD>
<TD class="tr4 td407"><P class="p267 ft2">leder till att kraven kommer att</P></TD>
<TD rowspan=2 class="tr3 td80"><P class="p16 ft2">571</P></TD>
</TR>
<TR>
<TD class="tr40 td190"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td126"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td80"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td18"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td190"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td407"><P class="p18 ft88"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_572" style="position:relative; overflow: hidden;margin: 51px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">572</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=8 class="tr2 td109"><P class="p18 ft2">uppfyllas eller om tidsfristen för att</P></TD>
<TD colspan=7 class="tr2 td110"><P class="p18 ft2">uppfyllas eller om tidsfristen för att</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">genomföra den inte är tillfreds-</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">genomföra den inte är tillfreds-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td24"><P class="p18 ft2">ställande,</P></TD>
<TD class="tr4 td143"><P class="p18 ft2">ska</P></TD>
<TD colspan=5 class="tr4 td60"><P class="p108 ft2">Finansinspektionen</P></TD>
<TD colspan=2 class="tr4 td183"><P class="p18 ft2">ställande,</P></TD>
<TD class="tr4 td131"><P class="p18 ft2">ska</P></TD>
<TD colspan=4 class="tr4 td76"><P class="p16 ft2">Finansinspektionen</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">kräva förbättringar av planen. Om</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">kräva förbättringar av planen. Om</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td109"><P class="p18 ft2">det är osannolikt att <SPAN class="ft3">institutet </SPAN>inom</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft31">det är osannolikt att <SPAN class="ft21">kreditinstitutet</SPAN></P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">en lämplig tidsfrist åter kommer att</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">inom en lämplig tidsfrist åter</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">uppfylla tillämpliga krav eller om</P></TD>
<TD class="tr4 td160"><P class="p18 ft2">kommer</P></TD>
<TD colspan=4 class="tr4 td22"><P class="p292 ft2">att uppfylla</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p16 ft2">tillämpliga</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td109"><P class="p18 ft2">institutet inte på ett tillfreds-</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">krav eller om institutet inte på ett</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">ställande sätt <SPAN class="ft3">lyckas visa </SPAN>att</P></TD>
<TD colspan=4 class="tr4 td232"><P class="p18 ft2">tillfredsställande</P></TD>
<TD class="tr4 td128"><P class="p292 ft31">sätt</P></TD>
<TD class="tr4 td114"><P class="p186 ft3">visar</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">att</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">följderna av konstaterade brister är</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">följderna av konstaterade brister är</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td65"><P class="p18 ft2">oväsentliga,</P></TD>
<TD class="tr5 td143"><P class="p18 ft2">ska</P></TD>
<TD colspan=3 class="tr5 td235"><P class="p48 ft2">tillståndet</P></TD>
<TD class="tr5 td135"><P class="p108 ft2">att</P></TD>
<TD colspan=3 class="tr5 td65"><P class="p18 ft2">oväsentliga,</P></TD>
<TD class="tr5 td123"><P class="p18 ft2">ska</P></TD>
<TD colspan=2 class="tr5 td101"><P class="p186 ft2">tillståndet</P></TD>
<TD class="tr5 td127"><P class="p16 ft2">att</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">använda sig av metoden antingen</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">använda sig av metoden antingen</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">begränsas till områden där kraven</P></TD>
<TD colspan=2 class="tr4 td183"><P class="p18 ft3">återkallas</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p73 ft3">eller</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p292 ft2">begränsas</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">till</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td109"><P class="p18 ft2">kan uppfyllas inom en lämplig tids-</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">områden där kraven kan uppfyllas</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td234"><P class="p18 ft3"><SPAN class="ft2">frist </SPAN>eller återkallas<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td70"><P class="p18 ft2">inom en lämplig tidsfrist.</P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td146"><P class="p267 ft2">5 §</P></TD>
<TD class="tr13 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td109"><P class="p108 ft2">Om det för en intern marknads-</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p16 ft2">Om det för en intern marknads-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td24"><P class="p18 ft2">riskmodell</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p80 ft2">förekommer</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p108 ft2">upprepade</P></TD>
<TD colspan=2 class="tr4 td183"><P class="p18 ft2">riskmodell</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p448 ft2">förekommer</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p16 ft2">upprepade</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">överskridanden som avses i arti-</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">överskridanden som avses i arti-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td24"><P class="p18 ft2">kel 366 i</P></TD>
<TD colspan=5 class="tr5 td76"><P class="p1 ft2">tillsynsförordningen</P></TD>
<TD class="tr5 td135"><P class="p108 ft31">och</P></TD>
<TD class="tr5 td160"><P class="p18 ft2">kel 366</P></TD>
<TD class="tr5 td210"><P class="p18 ft2">i</P></TD>
<TD colspan=4 class="tr5 td159"><P class="p412 ft31">tillsynsförordningen</P></TD>
<TD class="tr5 td127"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">det tyder på att modellen inte är</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">det tyder på att modellen inte är</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">tillräckligt exakt, ska Finansinspek-</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">tillräckligt exakt, ska Finansinspek-</P></TD>
</TR>
<TR>
<TD class="tr5 td12"><P class="p18 ft2">tionen</P></TD>
<TD colspan=3 class="tr5 td97"><P class="p39 ft2">återkalla</P></TD>
<TD colspan=3 class="tr5 td235"><P class="p35 ft2">tillståndet</P></TD>
<TD class="tr5 td135"><P class="p108 ft2">för</P></TD>
<TD class="tr5 td160"><P class="p18 ft2">tionen</P></TD>
<TD colspan=3 class="tr5 td102"><P class="p18 ft2">återkalla</P></TD>
<TD colspan=2 class="tr5 td101"><P class="p292 ft2">tillståndet</P></TD>
<TD class="tr5 td127"><P class="p16 ft2">för</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">institutet </SPAN>att använda den modellen</P></TD>
<TD colspan=3 class="tr4 td65"><P class="p18 ft21">kreditinstitutet</P></TD>
<TD class="tr4 td123"><P class="p681 ft31">att</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p291 ft2">använda</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">den</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">eller vidta lämpliga åtgärder för att</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">modellen eller vidta lämpliga åt-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td24"><P class="p18 ft2">säkerställa</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p39 ft2">att</P></TD>
<TD colspan=2 class="tr5 td230"><P class="p18 ft2">institutet</P></TD>
<TD colspan=2 class="tr5 td122"><P class="p108 ft31">snarast</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">gärder för att säkerställa att insti-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td234"><P class="p18 ft2">förbättrar modellen.</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">tutet snarast förbättrar modellen.</P></TD>
</TR>
<TR>
<TD class="tr13 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td146"><P class="p267 ft2">6 §</P></TD>
<TD class="tr13 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td234"><P class="p307 ft31">Finansinspektionen</P></TD>
<TD class="tr5 td31"><P class="p18 ft2">får</P></TD>
<TD colspan=2 class="tr5 td122"><P class="p108 ft2">vidta</P></TD>
<TD colspan=5 class="tr5 td161"><P class="p48 ft2">Finansinspektionen</P></TD>
<TD colspan=2 class="tr5 td67"><P class="p16 ft2">får vidta</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">korrigerande åtgärder för ett <SPAN class="ft3">insti-</SPAN></P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">korrigerande åtgärder för ett <SPAN class="ft3">kredit-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">tuts </SPAN>interna metoder, om det klart</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2"><SPAN class="ft3">instituts </SPAN>interna metoder, om det</P></TD>
</TR>
<TR>
<TD class="tr5 td12"><P class="p18 ft2">kan</P></TD>
<TD colspan=3 class="tr5 td97"><P class="p301 ft31">fastställas</P></TD>
<TD class="tr5 td140"><P class="p81 ft2">att</P></TD>
<TD colspan=3 class="tr5 td222"><P class="p108 ft2">institutets</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">klart kan fastställas att institutets</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">metoder leder till en underskattning</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">metoder leder till en underskattning</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">av kapitalbaskraven som inte kan</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">av kapitalbaskraven som inte kan</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td109"><P class="p18 ft2">tillskrivas skillnader i exponeringar-</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">tillskrivas skillnader i exponering-</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td109"><P class="p18 ft2">nas eller positionernas underliggan-</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft31">arnas eller positionernas underliggan-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td24"><P class="p18 ft2">de risker.</P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td183"><P class="p18 ft2">de risker.</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p121 ft2">De korrigerande åtgärderna ska syfta till att målen i en intern metod upprätthålls.</P>
<P class="p326 ft61">5 a kap. Tillsyn över interna modeller för värdepappersbolag</P>
<P style="text-align: left;padding-left: 203px;margin-top: 12px;margin-bottom: 0px;" class="ft3">1 §</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 63px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Finansinspektionen ska löpande, åtminstone vart tredje år, granska hur ett värdepappersbolag upp- fyller kraven för att få tillstånd att</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_573" style="position:relative; overflow: hidden;margin: 53px 0px 79px 272px;padding: 0px;border: none;width: 352px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 202px;overflow: hidden;">
<P class="p677 ft21">använda de interna modeller som avses i artikel 22 i värdepappers- bolagsförordningen. Vid bedöm- ningen ska inspektionen särskilt beakta förändringar i värdepappers- bolagets affärsverksamhet och hur interna modeller används på nya produkter.</P>
<P class="p871 ft3">2 §</P>
<P class="p446 ft21">Om det framkommer att ett värde- pappersbolags interna modeller som avses i 1 § innebär väsentliga brister i fråga om att identifiera risker, ska Finansinspektionen se till att bolaget åtgärdar bristerna eller vidtar nödvändiga åtgärder för att minska följderna av dem.</P>
<P class="p569 ft3">3 §</P>
<P class="p446 ft21">Om ett värdepappersbolag som beviljats tillstånd att använda in- terna modeller som avses i 1 § inte längre uppfyller kraven för använd- ning av modellerna, ska Finans- inspektionen kräva att bolaget</P>
<P class="p115 ft3"><SPAN class="ft3">1.</SPAN><SPAN class="ft53">visar att följderna av att kra- ven inte uppfylls är oväsentliga, eller</SPAN></P>
<P class="p215 ft21"><SPAN class="ft3">2.</SPAN><SPAN class="ft62">presenterar en åtgärdsplan för att uppfylla kraven och anger en tid inom vilken planen ska genomföras.</SPAN></P>
<P class="p316 ft3">4 §</P>
<P class="p446 ft21">Om det bedöms osannolikt att den åtgärdsplan som presenteras leder till att kraven kommer att uppfyllas eller om tidsfristen för att genom- föra den inte är tillfredsställande, ska Finansinspektionen kräva förbättringar av planen. Om det är osannolikt att värdepappersbolaget inom den angivna tidsfristen kommer att uppfylla tillämpliga krav eller om bolaget inte på ett tillfredsställande sätt visar att följ- derna av konstaterade brister är oväsentliga, ska tillståndet att an- vända sig av de interna modellerna antingen återkallas eller begränsas</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">573</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_574" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">574</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: justify;padding-left: 203px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft3">till områden där kraven kan uppfyllas inom en lämplig tidsfrist.</P>
<P style="text-align: left;padding-left: 203px;margin-top: 16px;margin-bottom: 0px;" class="ft3">5 §</P>
<P class="p328 ft21">Om det för en intern marknads- riskmodell förekommer upprepade överskridanden som avses i artikel 366 i tillsynsförordningen och det tyder på att modellen inte är tillräckligt exakt, ska Finansinspek- tionen återkalla tillståndet för värde- pappersbolaget att använda model- len eller vidta lämpliga åtgärder för att säkerställa att bolaget snarast inom en bestämd tidsram förbättrar modellen.</P>
<P style="text-align: left;padding-left: 188px;padding-right: 247px;margin-top: 37px;margin-bottom: 0px;text-indent: -9px;" class="ft22"><SPAN class="ft35">6</SPAN><SPAN class="ft36">kap. </SPAN><SPAN class="ft2">1 §</SPAN></P>
<P style="text-align: left;padding-right: 63px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Följande företag ska till Finansinspektionen lämna de upplysningar om sin verksamhet och därmed sammanhängande omständigheter som inspek-</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 class="tr4 td92"><P class="p18 ft2">tionen begär för tillsynen:</P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2">1. företag som står under tillsyn</P></TD>
<TD colspan=3 class="tr4 td120"><P class="p48 ft2">1. företag som</P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td92"><P class="p18 ft2">utifrån sin konsoliderade</P></TD>
<TD colspan=2 class="tr5 td183"><P class="p108 ft31">situation</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p48 ft2"><SPAN class="ft3">a) </SPAN>står under tillsyn utifrån sin</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2">enligt denna lag eller enligt en</P></TD>
<TD colspan=2 class="tr4 td22"><P class="p18 ft2">konsoliderade</P></TD>
<TD colspan=2 class="tr4 td132"><P class="p35 ft31">situation</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td47"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft2">utländsk</P></TD>
<TD colspan=3 class="tr4 td66"><P class="p77 ft2">offentlig reglering</P></TD>
<TD class="tr4 td12"><P class="p108 ft2">som</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2">denna lag eller enligt en utländsk</P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft2">bygger</P></TD>
<TD class="tr5 td127"><P class="p18 ft2">på</P></TD>
<TD colspan=3 class="tr5 td96"><P class="p108 ft2">kapitaltäckningsdirek-</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">offentlig reglering som bygger på</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft2">tivet,</P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td236"><P class="p18 ft2">kapitaltäckningsdirektivet,</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p48 ft3">b) står</P></TD>
<TD colspan=2 class="tr4 td160"><P class="p18 ft3">under</P></TD>
<TD colspan=2 class="tr4 td155"><P class="p18 ft3">tillsyn</P></TD>
<TD colspan=2 class="tr4 td47"><P class="p16 ft3">enligt</P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft3">artikel 7 i värdepappersbolagsför-</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td120"><P class="p18 ft3">ordningen, eller</P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td110"><P class="p48 ft3">c) ingår i en värdepappersföre-</P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft3">tagskoncern som omfattas av ett</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td22"><P class="p18 ft3">beslut enligt</P></TD>
<TD colspan=2 class="tr4 td132"><P class="p18 ft3">artikel 8</P></TD>
<TD class="tr4 td59"><P class="p18 ft3">i</P></TD>
<TD colspan=2 class="tr4 td47"><P class="p16 ft3">värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td236"><P class="p18 ft21">pappersbolagsförordningen,</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td101"><P class="p39 ft2">2. andra</P></TD>
<TD class="tr5 td148"><P class="p18 ft2">dotterföretag</P></TD>
<TD class="tr5 td69"><P class="p32 ft2">till</P></TD>
<TD class="tr5 td12"><P class="p108 ft2">ett</P></TD>
<TD class="tr5 td35"><P class="p48 ft2">2. andra</P></TD>
<TD colspan=3 class="tr5 td129"><P class="p80 ft2">dotterföretag</P></TD>
<TD colspan=2 class="tr5 td12"><P class="p81 ft2">till</P></TD>
<TD class="tr5 td6"><P class="p16 ft2">ett</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">institut eller </SPAN>ett finansiellt hold-</P></TD>
<TD colspan=2 class="tr4 td22"><P class="p18 ft3">kreditinstitut,</P></TD>
<TD class="tr4 td56"><P class="p1 ft3">ett</P></TD>
<TD colspan=4 class="tr4 td158"><P class="p16 ft3">värdepappers-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2">ingföretag <SPAN class="ft3">eller </SPAN>ett blandat finan-</P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft2"><SPAN class="ft3">bolag, </SPAN>ett finansiellt holding-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td109"><P class="p18 ft2">siellt holdingföretag än de som</P></TD>
<TD colspan=7 class="tr5 td110"><P class="p18 ft2">företag<SPAN class="ft3">, </SPAN>ett blandat finansiellt</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td101"><P class="p18 ft2">avses i 1,</P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td110"><P class="p18 ft3"><SPAN class="ft2">holdingföretag </SPAN>eller ett värdepap-</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft21">persinriktat</P></TD>
<TD colspan=4 class="tr4 td117"><P class="p77 ft3">holdingföretag</P></TD>
<TD class="tr4 td11"><P class="p79 ft2">än</P></TD>
<TD class="tr4 td6"><P class="p16 ft2">de</P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td22"><P class="p18 ft2">som avses i 1,</P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p123 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">holdingföretag med blandad verksamhet och dotterföretag till holdingföretag med blandad verksamhet,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">blandade finansiella holdingföretag, och</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td101"><P class="p207 ft2">5. företag</P></TD>
<TD class="tr4 td96"><P class="p108 ft2">som fått i uppdrag av</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">5. företag som fått i uppdrag av</P></TD>
</TR>
<TR>
<TD class="tr4 td101"><P class="p207 ft3"><SPAN class="ft2">ett </SPAN>institut</P></TD>
<TD class="tr4 td96"><P class="p108 ft2"><SPAN class="ft3">eller </SPAN>ett finansiellt</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft21"><SPAN class="ft31">ett </SPAN>kreditinstitut, ett värdepappers-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p108 ft2">holdingföretag, holdingföretag med</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2"><SPAN class="ft3">bolag, </SPAN>ett finansiellt holding-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p108 ft2">blandad verksamhet <SPAN class="ft3">eller </SPAN>blandat</P></TD>
<TD class="tr4 td55"><P class="p18 ft2">företag,</P></TD>
<TD class="tr4 td147"><P class="p18 ft2">holdingföretag</P></TD>
<TD class="tr4 td31"><P class="p16 ft2">med</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p108 ft2">finansiellt holdingföretag att utföra</P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft2">blandad verksamhet, blandat finan-</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_575" style="position:relative; overflow: hidden;margin: 50px 0px 79px 68px;padding: 0px;border: none;width: 506px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD colspan=8 class="tr2 td50"><P class="p18 ft2">ett visst arbete eller vissa</P></TD>
<TD class="tr2 td68"><P class="p18 ft2">siellt</P></TD>
<TD colspan=5 class="tr2 td146"><P class="p80 ft31">holdingföretag</P></TD>
<TD class="tr2 td62"><P class="p186 ft3">eller</P></TD>
<TD colspan=2 class="tr2 td122"><P class="p23 ft3">värde-</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td176"><P class="p18 ft2">funktioner.</P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td158"><P class="p18 ft21">pappersinriktat</P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td146"><P class="p18 ft21">holdingföretag</P></TD>
<TD class="tr5 td88"><P class="p23 ft2">att</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 9</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td228"><P class="p18 ft2">utföra ett visst arbete eller vissa</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td183"><P class="p18 ft2">funktioner.</P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=17 class="tr5 td81"><P class="p39 ft2">Om företaget inte lämnar upplysningarna till Finansinspektionen, får</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=10 class="tr4 td238"><P class="p18 ft2">inspektionen förelägga företaget att göra det.</P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td6"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr18 td101"><P class="p145 ft2">2 §</P></TD>
<TD class="tr18 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td117"><P class="p39 ft2">Moderföretag</P></TD>
<TD class="tr4 td11"><P class="p1 ft2">ska</P></TD>
<TD colspan=4 class="tr4 td194"><P class="p30 ft2">offentliggöra</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p23 ft2">Moderföretag ska <SPAN class="ft3">i fråga om den</SPAN></P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">information som rör <SPAN class="ft3">företags-</SPAN></P></TD>
<TD colspan=4 class="tr4 td158"><P class="p1 ft21">konsoliderade</P></TD>
<TD colspan=3 class="tr4 td235"><P class="p246 ft3">situationen</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p23 ft2">offent-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft3">gruppens rättsliga <SPAN class="ft2">struktur, styr-</SPAN></P></TD>
<TD colspan=9 class="tr5 td228"><P class="p1 ft2">liggöra information som rör <SPAN class="ft3">rättslig</SPAN></P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td247"><P class="p18 ft2">ning och organisationsstruktur.</P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr4 td228"><P class="p1 ft2">struktur, styrning och organisa-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td158"><P class="p1 ft2">tionsstruktur.</P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td228"><P class="p23 ft3">Moderföretag som avses i artik-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td62"><P class="p1 ft3">larna 7</P></TD>
<TD colspan=2 class="tr4 td37"><P class="p73 ft3">och</P></TD>
<TD class="tr4 td203"><P class="p182 ft3">8</P></TD>
<TD class="tr4 td16"><P class="p78 ft3">i</P></TD>
<TD colspan=3 class="tr4 td194"><P class="p23 ft21">värdepappers-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td120"><P class="p1 ft3">bolagsförordningen</P></TD>
<TD colspan=3 class="tr4 td194"><P class="p23 ft3">ska offentlig-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=9 class="tr5 td228"><P class="p1 ft3">göra sådan information om en</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr4 td225"><P class="p1 ft3">värdepappersföretagskoncern<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td6"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td101"><P class="p145 ft2">4 §</P></TD>
<TD class="tr13 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p107 ft2">Finansinspektionen får hänskjuta</P></TD>
<TD colspan=9 class="tr5 td228"><P class="p23 ft2">Finansinspektionen får hänskjuta</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">frågor som rör ett förfarande av en</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p18 ft2">frågor som rör ett förfarande av en</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft2">annan</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p18 ft2">behörig</P></TD>
<TD colspan=3 class="tr4 td7"><P class="p79 ft2">myndighet</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p107 ft2">inom</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p18 ft2">annan</P></TD>
<TD colspan=3 class="tr4 td98"><P class="p412 ft2">behörig</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p32 ft2">myndighet</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p23 ft2">inom</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft2">EES till Europeiska bankmyndig-</P></TD>
<TD colspan=9 class="tr5 td228"><P class="p18 ft2">EES till Europeiska bankmyndig-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">heten för tvistlösning i de fall som</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p18 ft2">heten för tvistlösning i de fall som</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft2">framgår</P></TD>
<TD class="tr4 td126"><P class="p73 ft2">av</P></TD>
<TD colspan=5 class="tr4 td138"><P class="p18 ft2">artiklarna 112.2,</P></TD>
<TD class="tr4 td12"><P class="p107 ft2">116</P></TD>
<TD colspan=2 class="tr4 td62"><P class="p18 ft2">framgår</P></TD>
<TD colspan=6 class="tr4 td26"><P class="p81 ft2">av artiklarna 112.2,</P></TD>
<TD class="tr4 td88"><P class="p23 ft2">116</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft2">och 133 i kapitaltäcknings-</P></TD>
<TD colspan=9 class="tr5 td228"><P class="p18 ft2">och 133 i kapitaltäckningsdirektivet</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td176"><P class="p18 ft2">direktivet.</P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft3">och</P></TD>
<TD colspan=4 class="tr4 td67"><P class="p412 ft21">artikel 48</P></TD>
<TD class="tr4 td16"><P class="p43 ft3">i</P></TD>
<TD colspan=3 class="tr4 td194"><P class="p23 ft21">värdepappers-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td73"><P class="p18 ft21">bolagsdirektivet<SPAN class="ft31">.</SPAN></P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr15 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td6"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr15 td101"><P class="p145 ft2">5 §</P></TD>
<TD class="tr15 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p108 ft2">Finansinspektionen får även hän-</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p23 ft2">Finansinspektionen får även hän-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">skjuta sådana frågor som avses i 4 §</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p18 ft2">skjuta sådana frågor som avses i 4 §</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td117"><P class="p18 ft2">till Europeiska</P></TD>
<TD colspan=5 class="tr5 td76"><P class="p107 ft2">bankmyndigheten</P></TD>
<TD colspan=5 class="tr5 td73"><P class="p18 ft2">till Europeiska</P></TD>
<TD colspan=4 class="tr5 td78"><P class="p23 ft2">bankmyndigheten</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">för tvistlösning i enlighet med artik-</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p18 ft2">för tvistlösning i enlighet med artik-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td117"><P class="p18 ft2">larna 41.2, 43.5,</P></TD>
<TD colspan=2 class="tr4 td47"><P class="p246 ft2">50.4</P></TD>
<TD class="tr4 td56"><P class="p18 ft2">och</P></TD>
<TD colspan=2 class="tr4 td149"><P class="p107 ft2">51.2 i</P></TD>
<TD colspan=3 class="tr4 td183"><P class="p18 ft2">larna 41.2,</P></TD>
<TD colspan=2 class="tr4 td128"><P class="p182 ft2">43.5,</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p43 ft2">50.4 och</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p23 ft2">51.2 i</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td239"><P class="p18 ft2">kapitaltäckningsdirektivet.</P></TD>
<TD class="tr5 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td240"><P class="p18 ft2">kapitaltäckningsdirektivet</P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p23 ft3">och</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td183"><P class="p18 ft21">artikel 13.5</P></TD>
<TD class="tr4 td143"><P class="p73 ft3">i</P></TD>
<TD colspan=5 class="tr4 td99"><P class="p23 ft21">värdepappersbolags-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td183"><P class="p18 ft3">direktivet<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td6"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr18 td101"><P class="p145 ft2">7 §</P></TD>
<TD class="tr18 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td131"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p30 ft2">Företag som enligt tillsyns-</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p23 ft2">Företag som enligt tillsyns-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td176"><P class="p18 ft2">förordningen</P></TD>
<TD colspan=2 class="tr5 td125"><P class="p81 ft2">står</P></TD>
<TD colspan=2 class="tr5 td171"><P class="p18 ft2">under</P></TD>
<TD colspan=2 class="tr5 td149"><P class="p30 ft2">tillsyn</P></TD>
<TD colspan=4 class="tr5 td158"><P class="p1 ft2">förordningen</P></TD>
<TD colspan=2 class="tr5 td135"><P class="p37 ft2">står</P></TD>
<TD class="tr5 td62"><P class="p246 ft2">under</P></TD>
<TD colspan=2 class="tr5 td122"><P class="p23 ft2">tillsyn</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">utifrån sin konsoliderade situation</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p1 ft2">utifrån sin konsoliderade situation</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">och dotterföretag till ett <SPAN class="ft3">institut</SPAN></P></TD>
<TD colspan=9 class="tr4 td228"><P class="p1 ft2">och dotterföretag till ett <SPAN class="ft3">kredit-</SPAN></P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft2"><SPAN class="ft3">eller </SPAN>ett finansiellt holdingföretag</P></TD>
<TD colspan=2 class="tr5 td62"><P class="p1 ft3">institut</P></TD>
<TD colspan=2 class="tr5 td37"><P class="p39 ft3">eller</P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p78 ft3">ett</P></TD>
<TD colspan=3 class="tr5 td194"><P class="p23 ft3">motsvarande</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft2">eller</P></TD>
<TD class="tr4 td126"><P class="p18 ft2">ett</P></TD>
<TD colspan=3 class="tr4 td54"><P style="text-align: right;padding-right: 12px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">blandat</P></TD>
<TD colspan=3 class="tr4 td129"><P class="p30 ft2">finansiellt</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p1 ft3">utländskt företag inom EES, <SPAN class="ft2">ett</SPAN></P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td78"><P class="p18 ft2">holdingföretag som</P></TD>
<TD colspan=4 class="tr4 td194"><P class="p30 ft2">inte omfattas</P></TD>
<TD colspan=3 class="tr4 td183"><P class="p1 ft2">finansiellt</P></TD>
<TD colspan=5 class="tr4 td150"><P class="p1 ft2">holdingföretag eller</P></TD>
<TD class="tr4 td88"><P class="p23 ft2">ett</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft2">av bestämmelserna om grupp-</P></TD>
<TD colspan=2 class="tr5 td62"><P class="p1 ft2">blandat</P></TD>
<TD colspan=4 class="tr5 td72"><P class="p77 ft2">finansiellt</P></TD>
<TD colspan=3 class="tr5 td194"><P class="p23 ft31">holdingföretag</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft2">baserad</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p35 ft2">tillsyn,</P></TD>
<TD colspan=2 class="tr4 td47"><P class="p81 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td171"><P class="p80 ft2">lämna</P></TD>
<TD class="tr4 td12"><P class="p30 ft2">de</P></TD>
<TD colspan=9 class="tr4 td228"><P class="p1 ft2">som inte omfattas av bestämmel-</P></TD>
<TD rowspan=2 class="tr11 td227"><P class="p29 ft2">575</P></TD>
</TR>
<TR>
<TD class="tr37 td233"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td126"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td143"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td11"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td6"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td56"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td6"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td12"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td68"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td87"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td131"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td143"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td203"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td16"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td62"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td141"><P class="p18 ft85"> </P></TD>
<TD class="tr37 td88"><P class="p18 ft85"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_576" style="position:relative; overflow: hidden;margin: 51px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:205px;left:330px;width:190px;height:150px;"><SPAN class="ft2">1. företag som enligt 7 § ska lämna uppgifter samt hos finan- siella holdingföretag, holding- företag med blandad verksamhet</SPAN><SPAN class="ft3">, </SPAN><SPAN class="ft2">blandade finansiella holdingföretag </SPAN><SPAN class="ft3">och värdepappersinriktade holding- företag </SPAN><SPAN class="ft2">för att kontrollera den gruppbaserade redovisningen eller samlade informationen som före- tagen är skyldiga att lämna,</SPAN></DIV>
<DIV style="position:absolute;top:358px;left:331px;width:189px;height:90px;"><SPAN class="ft2">2. företag som har fått i uppdrag av ett </SPAN><SPAN class="ft3">kreditinstitut, ett värde- pappersbolag </SPAN><SPAN class="ft2">eller ett holding- företag som avses i 1 att utföra ett visst arbete eller vissa funktioner, och</SPAN></DIV>
<DIV style="position:absolute;top:450px;left:331px;width:189px;height:45px;"><SPAN class="ft2">3. företag som Finansinspek- tionen enligt 4 kap. 1 § </SPAN><SPAN class="ft3">och 4 a kap. 1 § </SPAN><SPAN class="ft2">ska utöva tillsyn över.</SPAN></DIV>
<DIV style="position:absolute;top:511px;left:331px;width:181px;height:46px;"><SPAN class="ft22">Informationsskyldighet för ett </SPAN><SPAN class="ft61">kreditinstitut </SPAN><SPAN class="ft22">som är undantaget från gruppbaserad tillsyn</SPAN></DIV>
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 575px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 15px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td50"><P class="p18 ft2">uppgifter som krävs för tillsyns-</P></TD>
<TD class="tr2 td85"><P class="p18 ft2">serna om gruppbaserad tillsyn, ska</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">redovisningen till det företag som</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">lämna de uppgifter som krävs för</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">enligt tillsynsförordningen ska</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">tillsynsredovisningen till det före-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">upprätta gruppbaserad redovisning</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">tag som enligt tillsynsförordningen</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">eller samlad information.</P></TD>
<TD class="tr5 td85"><P class="p18 ft31">ska upprätta gruppbaserad redovis-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft2">ning eller samlad information.</P></TD>
</TR>
</TABLE>
<P class="p121 ft2">Första stycket gäller även ett svenskt företag i förhållande till ett utländskt företag inom EES som ska upprätta och ge in en rapport enligt tillsynsförordningen.</P>
<P class="p63 ft20"><SPAN class="ft2">8</SPAN><SPAN class="ft33">§</SPAN>20</P>
<P class="p122 ft2">Finansinspektionen får, när inspektionen anser att det behövs för till- synen, göra undersökningar hos</P>
<P style="text-align: justify;padding-right: 272px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2">1. företag som enligt 7 § ska lämna uppgifter samt hos finan- siella holdingföretag, holding- företag med blandad verksamhet <SPAN class="ft3">och </SPAN>blandade finansiella holding- företag för att kontrollera den gruppbaserade redovisningen eller samlade informationen som före- tagen är skyldiga att lämna,</P>
<P style="text-align: justify;padding-right: 273px;margin-top: 18px;margin-bottom: 0px;text-indent: 11px;" class="ft2">2. företag som har fått i uppdrag av ett <SPAN class="ft3">institut </SPAN>eller ett holding- företag som avses i 1 att utföra ett visst arbete eller vissa funktioner, och</P>
<P style="text-align: justify;padding-right: 273px;margin-top: 17px;margin-bottom: 0px;text-indent: 11px;" class="ft2">3. företag som Finansinspek- tionen enligt 4 kap. 1 § ska utöva tillsyn över.</P>
<P style="text-align: justify;padding-right: 285px;margin-top: 16px;margin-bottom: 0px;" class="ft22">Informationsskyldighet för ett <SPAN class="ft61">institut </SPAN>som är undantaget från gruppbaserad tillsyn</P>
<P style="text-align: left;padding-left: 188px;margin-top: 16px;margin-bottom: 0px;" class="ft2">9 §</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 0px 0px 0px 127px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 189px;overflow: hidden;">
<P class="p69 ft31">Om ett dotterföretag som är ett <SPAN class="ft21">institut </SPAN>är undantaget från tillämp- ningsområdet för konsoliderad till- syn med stöd av artikel 19 i tillsyns- förordningen, ska moderföretaget till Finansinspektionen lämna de upplysningar som inspektionen anser att den behöver för sin tillsyn över institutet.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 15px;padding: 0px;border:none;width: 189px;overflow: hidden;">
<P class="p69 ft2">Om ett dotterföretag som är ett <SPAN class="ft3">kreditinstitut </SPAN>är undantaget från tillämpningsområdet för konsoli- derad tillsyn med stöd av artikel 19</P>
<P class="p759 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft68">tillsynsförordningen, ska moder- företaget till Finansinspektionen lämna de upplysningar som inspektionen anser att den behöver för sin tillsyn över institutet.</SPAN></P>
</DIV>
</DIV>
<DIV style="border:none;margin: 46px 0px 0px 0px;padding: 0px;border:none;width: 252px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 252px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p278 ft2">576</P></TD>
<TD class="tr2 td209"><P class="p279 ft27"><SPAN class="ft48">20 </SPAN>Senaste lydelse 2020:1213.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_577" style="position:relative; overflow: hidden;margin: 50px 0px 78px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="position:absolute;top:282px;left:204px;width:189px;height:30px;"><SPAN class="ft2">Ett finansiellt holdingföretag</SPAN><SPAN class="ft3">, </SPAN><SPAN class="ft2">ett blandat finansiellt holdingföretag</SPAN></DIV>
<DIV style="position:absolute;top:313px;left:204px;width:189px;height:240px;"><SPAN class="ft3">och ett värdepappersinriktat holdingföretag </SPAN><SPAN class="ft2">är skyldiga att lämna ut uppgifter om enskildas förhållanden till företaget, om det under en utredning enligt bestäm- melserna om förundersökning i brottmål begärs av undersöknings- ledaren eller om det begärs av åklagare i ett ärende om rättslig hjälp i brottmål, på framställning av en annan stat eller en mellanfolklig domstol, eller i ett ärende om erkännande och verkställighet av en europeisk utredningsorder. Uppgif- terna ska lämnas ut utan dröjsmål och i elektronisk form.</SPAN></DIV>
<DIV style="position:absolute;top:589px;left:205px;width:164px;height:63px;"><SPAN class="ft22">7 kap. Moderföretag utanför EES </SPAN><SPAN class="ft61">i fråga om gruppbaserad tillsyn och intermediära holdingföretag</SPAN></DIV>
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD class="tr2 td172"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td239"><P class="p352 ft2">10 §</P></TD>
<TD class="tr2 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p107 ft2">En styrelseledamot eller befatt-</P></TD>
<TD colspan=3 class="tr5 td99"><P class="p39 ft2">En styrelseledamot</P></TD>
<TD class="tr5 td68"><P class="p44 ft2">eller</P></TD>
<TD class="tr5 td160"><P class="p23 ft2">befatt-</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 9</P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft2">ningshavare hos ett</P></TD>
<TD class="tr4 td65"><P class="p107 ft2">finansiellt</P></TD>
<TD class="tr4 td148"><P class="p18 ft2">ningshavare</P></TD>
<TD class="tr4 td88"><P class="p1 ft2">hos</P></TD>
<TD class="tr4 td6"><P class="p18 ft2">ett</P></TD>
<TD colspan=2 class="tr4 td158"><P class="p23 ft2">finansiellt</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft2">holdingföretag <SPAN class="ft3">eller</SPAN></P></TD>
<TD class="tr4 td65"><P class="p108 ft2">ett blandat</P></TD>
<TD colspan=2 class="tr4 td150"><P class="p18 ft2">holdingföretag<SPAN class="ft3">,</SPAN></P></TD>
<TD class="tr4 td6"><P class="p18 ft2">ett</P></TD>
<TD colspan=2 class="tr4 td158"><P class="p23 ft2">blandat</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p107 ft2">finansiellt holdingföretag som i den</P></TD>
<TD colspan=5 class="tr5 td228"><P class="p18 ft2">finansiellt holdingföretag <SPAN class="ft3">eller ett</SPAN></P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p108 ft2">egenskapen får kunskap om affärs-</P></TD>
<TD colspan=3 class="tr4 td99"><P class="p18 ft3">värdepappersinriktat</P></TD>
<TD colspan=2 class="tr4 td158"><P class="p23 ft21">holdingföre-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p107 ft2">förhållanden i ett företag som enligt</P></TD>
<TD colspan=5 class="tr4 td228"><P class="p18 ft2"><SPAN class="ft3">tag </SPAN>som i den egenskapen får</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p107 ft2">7 § ska lämna uppgifter, får inte</P></TD>
<TD colspan=5 class="tr5 td228"><P class="p18 ft2">kunskap om affärsförhållanden i ett</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p107 ft2">obehörigen röja vad han eller hon</P></TD>
<TD class="tr4 td148"><P class="p18 ft2">företag som</P></TD>
<TD colspan=2 class="tr4 td98"><P class="p24 ft2">enligt</P></TD>
<TD class="tr4 td68"><P class="p323 ft2">7 §</P></TD>
<TD class="tr4 td160"><P class="p23 ft3">eller</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p107 ft2">fått veta och inte heller utnyttja</P></TD>
<TD class="tr4 td148"><P class="p18 ft3">artikel 7.1 i</P></TD>
<TD colspan=4 class="tr4 td172"><P class="p23 ft21">värdepappersbolags-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p107 ft2">kunskapen i strid med det uppgifts-</P></TD>
<TD colspan=5 class="tr5 td228"><P class="p18 ft2"><SPAN class="ft3">förordningen </SPAN>ska lämna uppgifter,</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">lämnande företagets intresse.</P></TD>
<TD colspan=5 class="tr4 td228"><P class="p18 ft2">får inte obehörigen röja vad han</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td228"><P class="p18 ft2">eller hon fått veta och inte heller</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td172"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td228"><P class="p18 ft2">utnyttja kunskapen i strid med det</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td150"><P class="p18 ft2">uppgiftslämnande</P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td158"><P class="p23 ft2">företagets</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td148"><P class="p18 ft2">intresse.</P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td6"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p353 ft20"><SPAN class="ft2">11</SPAN><SPAN class="ft17">§</SPAN>21</P>
<P class="p354 ft2">Ett finansiellt holdingföretag <SPAN class="ft3">och </SPAN>ett blandat finansiellt holding- företag är skyldiga att lämna ut uppgifter om enskildas för- hållanden till företaget, om det under en utredning enligt bestäm- melserna om förundersökning i brottmål begärs av undersöknings- ledaren eller om det begärs av åklagare i ett ärende om rättslig hjälp i brottmål, på framställning av en annan stat eller en mellanfolklig domstol, eller i ett ärende om erkännande och verkställighet av en europeisk utredningsorder. Uppgift- erna ska lämnas ut utan dröjsmål och i elektronisk form.</P>
<P class="p355 ft22">7 kap. Moderföretag utanför</P>
<P class="p14 ft22">EES</P>
<P class="p356 ft20"><SPAN class="ft2">1</SPAN><SPAN class="ft17">§</SPAN>22</P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td63"><P class="p37 ft2">Om ett <SPAN class="ft3">institut </SPAN>inte står under</P></TD>
<TD colspan=3 class="tr5 td157"><P class="p204 ft3"><SPAN class="ft2">Om ett </SPAN>kreditinstitut eller ett</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">gruppbaserad tillsyn enligt arti-</P></TD>
<TD class="tr4 td175"><P class="p18 ft3">motsvarande</P></TD>
<TD class="tr4 td80"><P class="p18 ft3">utländskt</P></TD>
<TD class="tr4 td115"><P class="p204 ft21">företag</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">kel 111 i kapitaltäckningsdirektivet</P></TD>
<TD class="tr4 td175"><P class="p18 ft3">inom EES <SPAN class="ft2">inte</SPAN></P></TD>
<TD class="tr4 td80"><P class="p32 ft2">står under</P></TD>
<TD class="tr4 td115"><P class="p204 ft2">grupp-</P></TD>
</TR>
<TR>
<TD class="tr17 td241"><P class="p18 ft39">21</P></TD>
<TD class="tr17 td63"><P class="p1 ft29">Senaste lydelse 2018:1800.</P></TD>
<TD class="tr17 td175"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td80"><P class="p18 ft5"> </P></TD>
<TD rowspan=2 class="tr29 td115"><P class="p16 ft2">577</P></TD>
</TR>
<TR>
<TD class="tr14 td241"><P class="p18 ft39">22</P></TD>
<TD class="tr14 td63"><P class="p1 ft29">Senaste lydelse 2020:1213.</P></TD>
<TD class="tr14 td175"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td80"><P class="p18 ft69"> </P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_578" style="position:relative; overflow: hidden;margin: 52px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 512px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 317px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 och dess moderföretag är ett</P>
<P style="text-align: justify;padding-left: 114px;padding-right: 14px;margin-top: 1px;margin-bottom: 0px;text-indent: -112px;" class="ft2">Bilaga 9<SPAN style="padding-left:69px;">utländskt <SPAN class="ft3">institut eller </SPAN>ett <SPAN class="ft3">sådant </SPAN>finansiellt holdingföretag eller blandat finansiellt holdingföretag som har sitt huvudkontor utanför EES, gäller 2 och 3 §§ för det fall Finansinspektionen enligt 4 kap. <NOBR><SPAN class="ft3">2–4</SPAN></NOBR><SPAN class="ft3"> </SPAN>§§ skulle ha utövat tillsynen över den konsoliderade situationen om de bestämmelserna hade gällt.</SPAN></P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 195px;overflow: hidden;">
<P class="p191 ft2">baserad tillsyn enligt artikel 111 i kapitaltäckningsdirektivet och dess moderföretag är ett utländskt <SPAN class="ft3">före- tag som motsvarar ett kreditinstitut, </SPAN>finansiellt holdingföretag eller blandat finansiellt holdingföretag som har sitt huvudkontor utanför EES, gäller 2 och 3 §§ för det fall Finansinspektionen enligt 4 kap. <NOBR><SPAN class="ft3">1–3</SPAN></NOBR><SPAN class="ft3"> </SPAN>§§ skulle ha utövat tillsynen över den konsoliderade situationen om de bestämmelserna hade gällt.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 19px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P style="text-align: left;padding-left: 311px;margin-top: 0px;margin-bottom: 0px;" class="ft2">2 §<SPAN class="ft20">23</SPAN></P>
<P class="p490 ft2">Finansinspektionen ska kontrollera om den gruppbaserade tillsyn som utövas av tillsynsmyndigheten i landet utanför EES är likvärdig med den gruppbaserade tillsyn som anges i artiklarna <NOBR>11–24</NOBR> i tillsynsförordningen</P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR height=0>
<TD width=32px></TD>
<TD width=41px></TD>
<TD width=42px></TD>
<TD width=39px></TD>
<TD width=50px></TD>
<TD width=33px></TD>
<TD width=83px></TD>
<TD width=39px></TD>
<TD width=34px></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td152"><P class="p18 ft2">och 4 kap. denna lag.</P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td144"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td152"><P class="p39 ft31">Finansinspektionen</P></TD>
<TD class="tr4 td75"><P class="p39 ft2">ska</P></TD>
<TD class="tr4 td149"><P class="p30 ft2">utföra</P></TD>
<TD colspan=2 class="tr4 td242"><P class="p48 ft31">Finansinspektionen</P></TD>
<TD class="tr4 td75"><P class="p39 ft2">ska</P></TD>
<TD class="tr4 td140"><P class="p16 ft2">utföra</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">kontrollen på begäran av moder-</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">kontrollen på begäran av moder-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">företaget eller av ett inom EES</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">företaget eller av ett inom EES</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td176"><P class="p18 ft2">auktoriserat</P></TD>
<TD class="tr4 td62"><P class="p18 ft3">institut,</P></TD>
<TD colspan=2 class="tr4 td73"><P class="p30 ft2">institut för</P></TD>
<TD colspan=3 class="tr4 td236"><P class="p18 ft3"><SPAN class="ft2">auktoriserat </SPAN>kreditinstitut</P></TD>
<TD class="tr4 td140"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td176"><P class="p18 ft2">elektroniska</P></TD>
<TD colspan=2 class="tr5 td74"><P style="text-align: left;padding-left: 23px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">pengar</P></TD>
<TD class="tr5 td149"><P class="p30 ft3">eller</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">institut för elektroniska pengar i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td176"><P class="p18 ft3">motsvarande</P></TD>
<TD colspan=3 class="tr4 td234"><P class="p30 ft3">utländskt företag <SPAN class="ft2">i</SPAN></P></TD>
<TD class="tr4 td88"><P class="p18 ft2">den</P></TD>
<TD class="tr4 td144"><P class="p37 ft2">konsoliderade</P></TD>
<TD colspan=2 class="tr4 td176"><P class="p16 ft2">situationen.</P></TD>
</TR>
<TR>
<TD class="tr4 td135"><P class="p18 ft2">den</P></TD>
<TD colspan=2 class="tr4 td144"><P class="p37 ft2">konsoliderade</P></TD>
<TD colspan=2 class="tr4 td73"><P class="p30 ft2">situationen.</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">Innan Finansinspektionen tar ställ-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">Innan Finansinspektionen tar ställ-</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">ning till om tillsynen är likvärdig,</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">ning till om tillsynen är likvärdig,</P></TD>
<TD class="tr4 td88"><P class="p18 ft2">ska</P></TD>
<TD class="tr4 td144"><P class="p18 ft2">inspektionen</P></TD>
<TD class="tr4 td75"><P class="p18 ft2">höra</P></TD>
<TD class="tr4 td140"><P class="p16 ft2">övriga</P></TD>
</TR>
<TR>
<TD class="tr4 td135"><P class="p18 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td144"><P class="p18 ft2">inspektionen</P></TD>
<TD class="tr4 td75"><P class="p18 ft2">höra</P></TD>
<TD class="tr4 td149"><P class="p30 ft2">övriga</P></TD>
<TD colspan=2 class="tr4 td242"><P class="p18 ft2">berörda behöriga</P></TD>
<TD colspan=2 class="tr4 td176"><P class="p16 ft2">myndigheter</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td152"><P class="p18 ft2">berörda behöriga</P></TD>
<TD colspan=2 class="tr5 td73"><P class="p30 ft2">myndigheter</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">inom EES. Inspektionen ska också</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">inom EES. Inspektionen ska också</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft31">före ställningstagandet ha rådfrågat</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">före ställningstagandet ha rådfrågat</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">Europeiska bankmyndigheten.</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">Europeiska bankmyndigheten.</P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td144"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 311px;margin-top: 15px;margin-bottom: 0px;" class="ft2">3 §<SPAN class="ft20">24</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td243"><P class="p16 ft2">Om tillsynen inte bedöms likvärdig, ska Finansinspektionen tillämpa</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td243"><P class="p279 ft2">bestämmelserna om gruppbaserad tillsyn i artiklarna <NOBR>11–24</NOBR> i tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td243"><P class="p279 ft31">förordningen och 4 kap. denna lag som om moderföretaget haft sitt huvud-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td115"><P class="p279 ft2">kontor inom EES.</P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td97"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td85"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td244"><P class="p30 ft2">Efter att ha hört övriga berörda</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">Efter att ha hört övriga berörda</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td244"><P class="p279 ft2">behöriga myndigheter får Finans-</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">behöriga myndigheter får Finans-</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td244"><P class="p279 ft2">inspektionen i stället besluta att</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">inspektionen i stället besluta att</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td244"><P class="p279 ft2">använda sig av andra tillsyns-</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">använda sig av andra tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td76"><P class="p279 ft2">metoder</P></TD>
<TD class="tr4 td114"><P class="p1 ft2">som</P></TD>
<TD colspan=2 class="tr4 td65"><P class="p79 ft2">säkerställer</P></TD>
<TD class="tr4 td126"><P class="p30 ft2">att</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">metoder som säkerställer att <SPAN class="ft3">de</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td76"><P class="p279 ft3">instituten</P></TD>
<TD colspan=2 class="tr5 td102"><P class="p32 ft2">i den</P></TD>
<TD colspan=2 class="tr5 td194"><P class="p30 ft2">konsoliderade</P></TD>
<TD class="tr5 td85"><P class="p16 ft3">utländska företag som motsvarar</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td244"><P class="p279 ft2">situationen är föremål för tillräcklig</P></TD>
<TD class="tr4 td85"><P class="p16 ft2"><SPAN class="ft3">kreditinstitut </SPAN>i den konsoliderade</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td244"><P class="p279 ft2">tillsyn. Inspektionen får då före-</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">situationen är föremål för tillräcklig</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td76"><P class="p279 ft2">lägga en</P></TD>
<TD class="tr5 td114"><P class="p18 ft2">ägare</P></TD>
<TD class="tr5 td181"><P class="p18 ft2">till</P></TD>
<TD class="tr5 td97"><P class="p43 ft3">institutet</P></TD>
<TD class="tr5 td126"><P class="p30 ft2">att</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">tillsyn. Inspektionen får då före-</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr30 td176"><P class="p278 ft2">578</P></TD>
<TD colspan=4 style="padding: 0px;margin: 0px;width: 228px;vertical-align: bottom;" class="tr31"><P class="p279 ft29"><SPAN class="ft28">23 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr31 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr31 td85"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 style="padding: 0px;margin: 0px;width: 228px;vertical-align: bottom;" class="tr5"><P class="p279 ft29"><SPAN class="ft28">24 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_579" style="position:relative; overflow: hidden;margin: 50px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD class="tr2 td86"><P class="p18 ft2">inrätta ett finansiellt holdingföretag</P></TD>
<TD class="tr2 td83"><P class="p18 ft2">lägga en ägare till <SPAN class="ft3">kreditinstitutet</SPAN></P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">eller ett blandat finansiellt holding-</P></TD>
<TD class="tr5 td83"><P class="p18 ft2">att inrätta ett finansiellt holding-</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 9</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">företag med huvudkontor inom</P></TD>
<TD class="tr4 td83"><P class="p18 ft2">företag eller ett blandat finansiellt</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">EES och tillämpa bestämmelserna i</P></TD>
<TD class="tr4 td83"><P class="p18 ft2">holdingföretag med huvudkontor</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">denna lag på <SPAN class="ft3">instituten </SPAN>i den</P></TD>
<TD class="tr5 td83"><P class="p18 ft2">inom EES och tillämpa bestämmel-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">konsoliderade situationen, som leds</P></TD>
<TD class="tr4 td83"><P class="p18 ft2">serna i denna lag på <SPAN class="ft3">de utländska</SPAN></P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">av detta holdingföretag.</P></TD>
<TD class="tr4 td83"><P class="p18 ft3">företagen som motsvarar kredit-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td83"><P class="p18 ft2"><SPAN class="ft3">institut </SPAN>i den konsoliderade situa-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td83"><P class="p18 ft2">tionen, som leds av detta holding-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td83"><P class="p18 ft2">företag.</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p89 ft2">Finansinspektionen ska underrätta de berörda behöriga myndigheterna, Europeiska kommissionen och Europeiska bankmyndigheten när sådana andra tillsynsmetoder som anges i andra stycket används.</P>
<P class="p360 ft20"><SPAN class="ft2">4</SPAN><SPAN class="ft17">§</SPAN>25</P>
<P style="text-align: left;padding-left: 11px;padding-right: 187px;margin-top: 0px;margin-bottom: 0px;" class="ft2">En grupp ska etablera ett intermediärt moderföretag inom EES, om 1. moderföretaget i gruppen är etablerat i ett land utanför EES,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td86"><P class="p249 ft2">2. det i gruppen finns minst två</P></TD>
<TD class="tr5 td90"><P class="p16 ft2">2. det i gruppen finns minst två</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2"><SPAN class="ft3">institut </SPAN>inom EES, varav åtmin-</P></TD>
<TD class="tr4 td90"><P class="p16 ft3">kreditinstitut eller värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p362 ft2">stone ett i Sverige, och</P></TD>
<TD class="tr4 td90"><P class="p16 ft21">bolag eller motsvarande utländska</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td90"><P class="p16 ft2"><SPAN class="ft3">företag </SPAN>inom EES, varav åtminsto-</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td90"><P class="p363 ft2">ne ett i Sverige, och</P></TD>
</TR>
</TABLE>
<P class="p91 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">det totala värdet på gruppens tillgångar inom EES uppgår till mot- svarande minst 40 miljarder euro.</SPAN></P>
<P class="p88 ft2">Med det totala värdet på gruppens tillgångar inom EES avses summan av</P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD class="tr5 td63"><P class="p39 ft2">1. <SPAN class="ft3">institutens </SPAN>tillgångar enligt en</P></TD>
<TD colspan=6 class="tr5 td58"><P class="p204 ft2">1. <SPAN class="ft3">företagens </SPAN>tillgångar enligt en</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft2">konsoliderad balansräkning eller,</P></TD>
<TD colspan=3 class="tr4 td38"><P class="p81 ft2">konsoliderad</P></TD>
<TD colspan=2 class="tr4 td173"><P class="p32 ft2">balansräkning</P></TD>
<TD class="tr4 td224"><P class="p204 ft2">eller,</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft2">om en sådan inte finns, de indi-</P></TD>
<TD colspan=5 class="tr4 td70"><P class="p81 ft2">om en sådan inte finns, de</P></TD>
<TD class="tr4 td224"><P class="p204 ft2">indi-</P></TD>
</TR>
<TR>
<TD class="tr5 td63"><P class="p18 ft2">viduella balansräkningarna, och</P></TD>
<TD colspan=6 class="tr5 td58"><P class="p81 ft2">viduella balansräkningarna, och</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p39 ft2">2. filialernas tillgångar.</P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td67"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td224"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr18 td58"><P class="p81 ft61">7 a kap. Moderföretag utanför</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td381"><P class="p81 ft60">EES i fråga om</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td224"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td58"><P class="p81 ft60">värdepappersföretagskoncerner</P></TD>
</TR>
<TR>
<TD class="tr18 td63"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td233"><P class="p73 ft3">1 §</P></TD>
<TD class="tr18 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td67"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td224"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p45 ft3">Om</P></TD>
<TD class="tr4 td31"><P class="p37 ft3">ett</P></TD>
<TD colspan=3 class="tr4 td105"><P class="p18 ft21">värdepappersbolag,</P></TD>
<TD class="tr4 td224"><P class="p204 ft3">som</P></TD>
</TR>
<TR>
<TD class="tr5 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td58"><P class="p73 ft3">inte står under effektiv tillsyn enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td80"><P class="p73 ft3">artikel 46</P></TD>
<TD class="tr4 td141"><P class="p80 ft3">i</P></TD>
<TD colspan=3 style="padding: 0px;margin: 0px;width: 227px;vertical-align: bottom;" class="tr4"><P class="p204 ft21">värdepappersbolags-</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td58"><P class="p73 ft3">direktivet, ingår i en grupp med</P></TD>
</TR>
<TR>
<TD class="tr5 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr5 td58"><P class="p73 ft3">minst ett annat värdepappersbolag</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p73 ft3">eller</P></TD>
<TD class="tr4 td31"><P class="p18 ft3">ett</P></TD>
<TD colspan=2 class="tr4 td235"><P class="p79 ft3">motsvarande</P></TD>
<TD colspan=2 class="tr4 td225"><P class="p204 ft3">utländskt</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td58"><P class="p73 ft3">företag inom EES och det gemen-</P></TD>
</TR>
<TR>
<TD class="tr5 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td381"><P class="p73 ft3">samma moderföretaget</P></TD>
<TD class="tr5 td126"><P class="p35 ft3">har</P></TD>
<TD class="tr5 td224"><P class="p204 ft3">sitt</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td38"><P class="p73 ft3">huvudkontor</P></TD>
<TD class="tr4 td67"><P class="p32 ft3">utanför</P></TD>
<TD class="tr4 td126"><P class="p18 ft3">EES,</P></TD>
<TD class="tr4 td224"><P class="p204 ft3">ska</P></TD>
</TR>
<TR>
<TD class="tr4 td63"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td58"><P class="p73 ft3">Finansinspektionen bedöma om den</P></TD>
</TR>
<TR>
<TD class="tr5 td63"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td233"><P class="p73 ft3">tillsyn</P></TD>
<TD colspan=2 class="tr5 td75"><P class="p77 ft3">som</P></TD>
<TD colspan=3 style="padding: 0px;margin: 0px;width: 227px;vertical-align: bottom;" class="tr5"><P class="p204 ft21">tillsynsmyndigheten i</P></TD>
</TR>
<TR>
<TD class="tr17 td63"><P class="p18 ft29"><SPAN class="ft28">25 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr17 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td67"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr17 td224"><P class="p16 ft2">579</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_580" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:587px;left:330px;width:190px;height:150px;"><SPAN class="ft31">Om ett företag inte uppfyller kraven i tillsynsförordningen, </SPAN><SPAN class="ft21">värde- pappersbolagsförordningen, </SPAN><SPAN class="ft31">denna lag eller föreskrifter som meddelats med stöd av lagen, ska Finans- inspektionen förelägga företaget att inom en viss tid begränsa rörelsen i något avseende, minska riskerna i den eller vidta någon annan åtgärd för att komma till rätta med situationen.</SPAN></DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">580</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: justify;padding-left: 203px;padding-right: 63px;margin-top: 0px;margin-bottom: 0px;" class="ft3">landet utanför EES har över värde- pappersföretagen är likvärdig med den tillsyn som anges i artik- larna <NOBR>1–8</NOBR> i värdepappersbolags- förordningen och i denna lag.</P>
<P style="text-align: left;padding-left: 203px;margin-top: 17px;margin-bottom: 0px;" class="ft3">2 §</P>
<P class="p328 ft3">Om tillsynen inte bedöms likvärdig, ska Finansinspektionen, för det fall den enligt 4 a kap. <NOBR>1–3</NOBR> §§ skulle ha utövat tillsynen</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;" class="ft3">över värdepappersföretags- koncernen om de bestämmelserna hade gällt, besluta om lämpliga</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 63px;margin-top: 1px;margin-bottom: 0px;" class="ft3">tillsynsmetoder som uppnår tillsynsmålen enligt artikel 7 eller 8 i värdepappersbolagsförordningen. Finansinspektionen får kräva att koncernen etablerar ett värde-</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 63px;margin-top: 2px;margin-bottom: 0px;" class="ft21">pappersinriktat holdingföretag eller ett blandat finansiellt holding- företag inom EES. Inspektionen får då tillämpa artikel 7 eller 8 i värde- pappersbolagsförordningen på detta företag.</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 68px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Innan Finansinspektionen fattar beslut enligt första stycket ska inspektionen samråda med övriga berörda behöriga myndigheter.</P>
<P style="text-align: justify;padding-left: 203px;padding-right: 63px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Finansinspektionen ska underrätta de berörda behöriga myndigheterna, Europeiska kommissionen och Europeiska bankmyndigheten om åtgärder som den vidtar enligt denna paragraf.</P>
<P style="text-align: left;padding-left: 179px;margin-top: 20px;margin-bottom: 0px;" class="ft22">8 kap.</P>
<P style="text-align: left;padding-left: 188px;margin-top: 1px;margin-bottom: 0px;" class="ft2">1 §</P>
<P style="text-align: justify;padding-right: 267px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft31">Om ett <SPAN class="ft21">institut eller </SPAN>ett företag inte uppfyller kraven i tillsynsförord- ningen, denna lag eller föreskrifter som meddelats med stöd av lagen, ska Finansinspektionen förelägga <SPAN class="ft21">institutet eller </SPAN>företaget att inom en viss tid begränsa rörelsen i något avseende, minska riskerna i den eller vidta någon annan åtgärd för att komma till rätta med situationen.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_581" style="position:relative; overflow: hidden;margin: 53px 0px 79px 0px;padding: 0px;border: none;width: 624px;">
<DIV style="position:absolute;top:497px;left:272px;width:189px;height:150px;"><SPAN class="ft31">Om ett </SPAN><SPAN class="ft21">kreditinstitut</SPAN><SPAN class="ft31">, </SPAN><SPAN class="ft21">ett värde- pappersbolag, </SPAN><SPAN class="ft31">ett finansiellt hol- dingföretag, ett blandat finansiellt holdingföretag</SPAN><SPAN class="ft21">, </SPAN><SPAN class="ft31">ett holdingföretag med blandad verksamhet </SPAN><SPAN class="ft21">eller ett värdepappersinriktat holdingföre- tag </SPAN><SPAN class="ft31">med huvudkontor i Sverige inte i tid lämnar upplysningar enligt före- skrifter meddelade med stöd av till- synsförordningen </SPAN><SPAN class="ft21">eller värde-</SPAN></DIV>
<DIV style="position:absolute;top:650px;left:272px;width:189px;height:60px;"><SPAN class="ft3">pappersbolagsförordningen</SPAN><SPAN class="ft2">, får Finansinspektionen besluta att företaget ska betala en försenings- avgift med högst 100 000 kronor.</SPAN></DIV>
<DIV style="position:absolute;top:172px;left:272px;width:189px;height:270px;"><SPAN class="ft31">Finansinspektionen ska förelägga ett finansiellt holdingföretag, ett blandat finansiellt holdingföretag</SPAN><SPAN class="ft21">, </SPAN><SPAN class="ft31">ett holdingföretag med blandad verksamhet </SPAN><SPAN class="ft21">eller ett värdepappers- inriktat holdingföretag </SPAN><SPAN class="ft31">att vidta åtgärder för att göra rättelse, om holdingföretaget inte uppfyller de krav som ställs på det enligt tillsyns- förordningen, </SPAN><SPAN class="ft21">värdepappersbolags- förordningen, </SPAN><SPAN class="ft31">denna lag eller före- skrifter som meddelats med stöd av lagen. Ett sådant föreläggande ska också riktas mot ett finansiellt holdingföretag</SPAN><SPAN class="ft21">, </SPAN><SPAN class="ft31">ett blandat finan- siellt holdingföretag </SPAN><SPAN class="ft21">eller ett värde- pappersinriktat holdingföretag, </SPAN><SPAN class="ft31">vars ledning inte uppfyller kraven i denna lag.</SPAN></DIV>
<DIV style="border:none;margin: 0px 0px 0px 68px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 190px;overflow: hidden;">
<P class="p69 ft2">Om ett <SPAN class="ft3">institut </SPAN>bryter mot tillsynsförordningen, denna lag eller föreskrifter som meddelats med stöd av lagen, gäller dessutom bestämmelserna om ingripande i de lagar som reglerar <SPAN class="ft3">institutens </SPAN>verk- samhet.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 14px;padding: 0px;border:none;width: 302px;overflow: hidden;">
<P class="p627 ft2">Om ett <SPAN class="ft3">kreditinstitut eller ett </SPAN>Prop. 2020/21:173 <SPAN class="ft3">värdepappersbolag </SPAN>bryter mot Bilaga 9</P>
<P style="text-align: justify;padding-right: 113px;margin-top: 1px;margin-bottom: 0px;" class="ft2">tillsynsförordningen, <SPAN class="ft3">värdepap- persbolagsförordningen, </SPAN>denna lag eller föreskrifter som meddelats med stöd av lagen, gäller dessutom bestämmelserna om ingripande i de lagar som reglerar <SPAN class="ft3">företagens </SPAN>verk- samhet.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 21px 0px 0px 0px;padding: 0px;border:none;width: 624px;overflow: hidden;">
<P class="p371 ft2">2 §</P>
<P class="p374 ft2">Finansinspektionen ska förelägga ett finansiellt holdingföretag, ett blandat finansiellt holdingföretag <SPAN class="ft3">eller </SPAN>ett holdingföretag med blan- dad verksamhet att vidta åtgärder för att göra rättelse, om holding- företaget inte uppfyller de krav som ställs på det enligt tillsynsförord- ningen, denna lag eller föreskrifter som meddelats med stöd av lagen. Ett sådant föreläggande ska också riktas mot ett finansiellt holding- företag <SPAN class="ft3">eller </SPAN>ett blandat finansiellt holdingföretag, vars ledning inte uppfyller kraven i denna lag.</P>
<P class="p373 ft2">4 §</P>
<P class="p372 ft2">Om ett <SPAN class="ft3">institut</SPAN>, ett finansiellt hol- dingföretag, ett blandat finansiellt holdingföretag <SPAN class="ft3">eller </SPAN>ett holding- företag med blandad verksamhet med huvudkontor i Sverige inte i tid lämnar upplysningar enligt före- skrifter meddelade med stöd av till- synsförordningen, får Finans- inspektionen besluta att företaget ska betala en förseningsavgift med högst 100 000 kronor.</P>
<P style="text-align: left;padding-left: 79px;margin-top: 49px;margin-bottom: 0px;" class="ft2">Avgiften tillfaller staten.</P>
<P style="text-align: right;padding-right: 51px;margin-top: 42px;margin-bottom: 0px;" class="ft2">581</P>
</DIV>
</DIV>
<DIV id="page_582" style="position:relative; overflow: hidden;margin: 52px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:32px;left:330px;width:190px;height:165px;"><SPAN class="ft3">Kreditinstitut och värdepappers- bolag </SPAN><SPAN class="ft2">som står under tillsyn enligt tillsynsförordningen </SPAN><SPAN class="ft3">eller värde- pappersbolagsförordningen </SPAN><SPAN class="ft2">och denna lag ska med årliga avgifter bekosta Finansinspektionens verk- samhet samt Statistiska central- byråns verksamhet enligt lagen (2014:484) om en databas för över- vakning av och tillsyn över finans- marknaderna.</SPAN></DIV>
<DIV style="position:absolute;top:201px;left:330px;width:190px;height:75px;"><SPAN class="ft31">Finansinspektionen får ta ut av- gifter för prövning av ansökningar och anmälningar enligt tillsyns- förordningen</SPAN><SPAN class="ft21">, värdepappersbolags- förordningen </SPAN><SPAN class="ft31">och denna lag.</SPAN></DIV>
<DIV style="position:absolute;top:278px;left:331px;width:189px;height:105px;"><SPAN class="ft31">Om Finansinspektionen behöver anlita någon med särskild fack- kunskap för bedömning av en viss fråga vid tillsynen enligt denna lag, ska kostnaden för detta betalas av det </SPAN><SPAN class="ft21">kreditinstitut eller värdepappers- bolag </SPAN><SPAN class="ft31">som tillsynen avser.</SPAN></DIV>
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 575px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 476px;overflow: hidden;">
<P style="text-align: right;padding-right: 247px;margin-top: 0px;margin-bottom: 0px;" class="ft22">9 kap.</P>
<P style="text-align: left;padding-left: 203px;margin-top: 0px;margin-bottom: 0px;" class="ft2">1 §</P>
<P style="text-align: justify;padding-left: 15px;padding-right: 272px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft3">Institut </SPAN>som står under tillsyn enligt tillsynsförordningen och denna lag ska med årliga avgifter bekosta Finansinspektionens verk- samhet samt Statistiska central- byråns verksamhet enligt lagen (2014:484) om en databas för över- vakning av och tillsyn över finans- marknaderna.</P>
<P style="text-align: justify;padding-left: 15px;padding-right: 272px;margin-top: 34px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Finansinspektionen får ta ut av- gifter för prövning av ansökningar och anmälningar enligt tillsyns- förordningen och denna lag.</P>
<P style="text-align: justify;padding-left: 15px;padding-right: 273px;margin-top: 17px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Om Finansinspektionen behöver anlita någon med särskild fack- kunskap för bedömning av en viss fråga vid tillsynen enligt denna lag, ska kostnaden för detta betalas av det <SPAN class="ft3">institut </SPAN>som tillsynen avser.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 32px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P class="p426 ft22">10 kap.</P>
<P style="text-align: left;padding-left: 311px;margin-top: 0px;margin-bottom: 0px;" class="ft2">1 §<SPAN class="ft20">26</SPAN></P>
<P class="p475 ft2">Regeringen eller den myndighet som regeringen bestämmer får meddela föreskrifter som kompletterar tillsynsförordningens bestämmelser om</P>
<P class="p474 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">offentliggörande av information och tillsynsrapportering,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">beräkningen av kapitalbaskravet samt kapitalbasen,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">stora exponeringar,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">exponeringar i fastigheter,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">säkerställda obligationer,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">likviditetskrav,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">interna modeller för marknadsrisker,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft17">schablonmetoden för marknadsrisker,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft17">schablonmetoden för kreditrisker,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">10.</SPAN><NOBR><SPAN class="ft17">IRK-metoden</SPAN></NOBR> för kreditrisker,</P>
<P class="p479 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">motpartsrisker,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">värdepapperisering,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft17">bruttosoliditet,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">14.</SPAN><SPAN class="ft17">konsolidering av de gruppbaserade kraven,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">15.</SPAN><SPAN class="ft17">omklassificering av positioner, och</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td244"><P class="p380 ft2">16. klassificering av <SPAN class="ft3">institut.</SPAN></P></TD>
<TD class="tr5 td85"><P class="p48 ft2">16. klassificering av <SPAN class="ft3">kreditinsti-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td244"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft3">tut.</P></TD>
</TR>
<TR>
<TD class="tr30 td176"><P class="p278 ft2">582</P></TD>
<TD class="tr30 td244"><P class="p279 ft29"><SPAN class="ft28">26 </SPAN>Senaste lydelse 2020:1213.</P></TD>
<TD class="tr30 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_583" style="position:relative; overflow: hidden;margin: 53px 0px 77px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p381 ft3">1 a §</P>
<P class="p382 ft21">Regeringen eller den myndighet som regeringen bestämmer får meddela föreskrifter som kom- pletterar värdepappersbolagsförord- ningens bestämmelser om</P>
<P class="p383 ft3">1. beräkningen av kapitalbas- kraven (artikel 30.1 tredje stycket), och</P>
<P class="p384 ft3">2. koncentrationsrisker (artikel 41.2).</P>
<P class="p63 ft45"><SPAN class="ft2">2</SPAN><SPAN class="ft63">§</SPAN>27</P>
<P class="p87 ft2">Regeringen eller den myndighet som regeringen bestämmer får meddela</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td50"><P class="p18 ft2">föreskrifter om</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">1. vilka krav som <SPAN class="ft3">enligt 3 kap.</SPAN></P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">1. vilka krav som ska ställas på</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">5 § </SPAN>ska ställas på den som ska ingå</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p18 ft2">den som ska ingå i ledningen i</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">i ledningen i ett finansiellt holding-</P></TD>
<TD class="tr5 td156"><P class="p39 ft3">a) <SPAN class="ft2">ett</SPAN></P></TD>
<TD colspan=2 class="tr5 td55"><P class="p79 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr5 td65"><P class="p16 ft31">holdingföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">företag eller ett blandat finansiellt</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2"><SPAN class="ft3">eller </SPAN>ett blandat finansiellt holding-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">holdingföretag,</P></TD>
<TD colspan=4 class="tr4 td226"><P class="p18 ft21"><SPAN class="ft31">företag </SPAN>enligt 3 kap. 5 §, eller</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p39 ft3">b) ett</P></TD>
<TD colspan=3 class="tr5 td78"><P class="p177 ft21">värdepappersinriktat</P></TD>
<TD class="tr5 td126"><P class="p16 ft3">hol-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td80"><P class="p18 ft3">dingföretag</P></TD>
<TD class="tr4 td89"><P class="p48 ft3">eller</P></TD>
<TD colspan=2 class="tr4 td65"><P class="p16 ft3">ett blandat</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td80"><P class="p18 ft3">finansiellt</P></TD>
<TD colspan=2 class="tr4 td174"><P class="p18 ft3">holdingföretag</P></TD>
<TD class="tr4 td126"><P class="p16 ft21">enligt</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td80"><P class="p18 ft21">3 a kap. 2 §<SPAN class="ft31">,</SPAN></P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">2. vid vilken tidpunkt, på vilken</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">2. vid vilken tidpunkt, på vilken</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">plats och med vilka intervall <SPAN class="ft3">institut</SPAN></P></TD>
<TD colspan=4 class="tr4 td226"><P class="p18 ft2">plats och med vilka intervall</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">ska offentliggöra sådan information</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft3">a) kreditinstitut <SPAN class="ft2">ska offentliggöra</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">som anges i artiklarna <NOBR>431–455</NOBR> i</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">sådan information som anges i</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">tillsynsförordningen,</P></TD>
<TD colspan=3 class="tr4 td120"><P class="p18 ft2">artiklarna <NOBR>431–455</NOBR></P></TD>
<TD colspan=2 class="tr4 td65"><P class="p16 ft2">i tillsynsför-</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td120"><P class="p18 ft2">ordningen<SPAN class="ft3">, och</SPAN></P></TD>
<TD class="tr5 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft3">b) värdepappersbolag ska offent-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft3">liggöra</P></TD>
<TD colspan=3 class="tr4 td78"><P class="p385 ft3">sådan information</P></TD>
<TD class="tr4 td126"><P class="p16 ft3">som</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft3">anges i artikel 46 i värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td120"><P class="p18 ft21">bolagsförordningen<SPAN class="ft31">,</SPAN></P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p87 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">vilken information moderföretag ska offentliggöra enligt 6 kap. 2 §,</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">när kapitalbaskraven i tillsynsförordningen eller Europaparlamentets och rådets förordning (EU) 2017/2402 av den 12 december 2017 om ett allmänt ramverk för värdepapperisering och om inrättande av ett särskilt ramverk för enkel, transparent och standardiserad värdepapperisering samt om ändring av direktiven 2009/65/EG, 2009/138/EG och 2011/61/EU och förordningarna (EG) nr 1060/2009 och (EU) nr 648/2012 inte ska anses täcka en risk och hur nivån på ett särskilt kapitalbaskrav enligt 2 kap. för att täcka en sådan risk ska fastställas,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td86"><P class="p249 ft2">5. de omständigheter som ska</P></TD>
<TD class="tr2 td70"><P class="p246 ft2">5. de omständigheter som</P></TD>
<TD class="tr2 td131"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">beaktas, dels vid prövningen enligt</P></TD>
<TD colspan=2 class="tr4 td90"><P class="p16 ft2">beaktas, dels vid prövningen enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">2 kap. 2 § av om ett <SPAN class="ft3">institut </SPAN>ska</P></TD>
<TD colspan=2 class="tr4 td90"><P class="p16 ft2">2 kap. 2 § av om ett <SPAN class="ft3">kreditinstitut</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p249 ft2">uppfylla ett särskilt likviditetskrav,</P></TD>
<TD class="tr4 td70"><P class="p246 ft3">eller ett värdepappersbolag</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p249 ft31">dels vid fastställandet av en lämplig</P></TD>
<TD colspan=2 class="tr5 td90"><P class="p16 ft2">uppfylla ett särskilt likviditetskrav,</P></TD>
</TR>
</TABLE>
<P class="p188 ft29"><SPAN class="ft25">27</SPAN><SPAN class="ft44">Senaste lydelse 2020:1213.</SPAN></P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">583</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_584" style="position:relative; overflow: hidden;margin: 51px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:108px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173584x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV class="dclr"></DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">584</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr2 td50"><P class="p18 ft2">nivå för ett sådant särskilt lik-</P></TD>
<TD class="tr2 td85"><P class="p18 ft31">dels vid fastställandet av en lämplig</P></TD>
</TR>
<TR>
<TD class="tr4 td222"><P class="p18 ft2">viditetskrav</P></TD>
<TD class="tr4 td161"><P class="p18 ft2">i samband med en</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">nivå för ett sådant särskilt lik-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">översyn och utvärdering av <SPAN class="ft3">ett</SPAN></P></TD>
<TD class="tr4 td85"><P class="p18 ft2">viditetskrav i samband med en</P></TD>
</TR>
<TR>
<TD class="tr4 td222"><P class="p18 ft3">institut<SPAN class="ft2">, och</SPAN></P></TD>
<TD class="tr4 td161"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft2">översyn och utvärdering av <SPAN class="ft3">före-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr5 td222"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td161"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td85"><P class="p18 ft3">taget<SPAN class="ft2">, och</SPAN></P></TD>
</TR>
</TABLE>
<P class="p65 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">hur uppgifter enligt 6 kap. 11 § ska lämnas.</SPAN></P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_585" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P style="text-align: left;padding-right: 62px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2014:966) om kapitalbuffertar</P>
<P style="text-align: left;padding-left: 11px;padding-right: 25px;padding-top: 2px;margin-top: 11px;margin-bottom: 0px;text-indent: -10px;" class="ft2">Härigenom föreskrivs i fråga om lagen (2014:966) om kapitalbuffertar<SPAN class="ft20">1 </SPAN><SPAN class="ft3">dels </SPAN>att 3 kap. 3 § och 6 kap. 3 § ska upphöra att gälla,</P>
<P class="p132 ft2"><SPAN class="ft3">dels </SPAN>att rubriken närmast före 6 kap. 3 § ska utgå,</P>
<P class="p109 ft2"><SPAN class="ft3">dels </SPAN>att 1 kap. 2 §, 6 kap. 7 §, 8 kap. 1 § och 10 kap. 1 § ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p389 ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">2 §</SPAN><SPAN class="ft20">2</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr4 td50"><P class="p39 ft2">I denna lag betyder</P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td65"><P class="p39 ft3"><SPAN class="ft2">1. </SPAN><SPAN class="ft24">blandade</SPAN></P></TD>
<TD class="tr4 td172"><P class="p108 ft24">finansiella moder-</P></TD>
<TD class="tr4 td85"><P class="p16 ft3"><SPAN class="ft2">1. </SPAN><SPAN class="ft24">blandade finansiella moder-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p18 ft3"><SPAN class="ft24">holdingföretag inom EES</SPAN><SPAN class="ft2">: företag</SPAN></P></TD>
<TD class="tr5 td85"><P class="p16 ft3"><SPAN class="ft24">holdingföretag inom EES</SPAN><SPAN class="ft2">: företag</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">som avses i artikel 4.1.33 i Europa-</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">som avses i artikel 4.1.33 i Europa-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p18 ft2">(EU) nr 575/2013 av den 26 juni</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">(EU) nr 575/2013 av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD class="tr4 td85"><P class="p16 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD class="tr4 td65"><P class="p18 ft2">institut <SPAN class="ft3">och</SPAN></P></TD>
<TD class="tr4 td172"><P class="p107 ft21">värdepappersföretag</P></TD>
<TD class="tr4 td85"><P class="p16 ft31">institut och om ändring av förordning</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
<TD class="tr5 td85"><P class="p16 ft2">(EU) nr 648/2012 (tillsynsförord-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">nr 648/2012 (tillsynsförordningen),</P></TD>
<TD class="tr4 td85"><P class="p390 ft31">ningen),</P></TD>
</TR>
</TABLE>
<P class="p91 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft38">dotterföretag</SPAN>: sådant företag som avses i artikel 4.1.16 i tillsyns- förordningen,</P>
<P class="p65 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft38">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p391 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft38">ESRB</SPAN>: Europeiska systemrisknämnden enligt Europaparlamentets och rådets förordning (EU) nr 1092/2010 av den 24 november 2010 om makro- tillsyn av det finansiella systemet på <NOBR>EU-nivå</NOBR> och om inrättande av en europeisk systemrisknämnd,</P>
<P class="p91 ft3"><SPAN class="ft2">5.</SPAN><SPAN class="ft38">finansiella moderholdingföretag inom EES</SPAN><SPAN class="ft2">: företag som avses i artikel 4.1.31 i tillsynsförordningen,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD colspan=2 class="tr5 td254"><P class="p39 ft2">6. <SPAN class="ft24">institut</SPAN>: kreditinstitut</P></TD>
<TD class="tr5 td230"><P class="p30 ft2">enligt</P></TD>
<TD class="tr5 td72"><P class="p48 ft3"><SPAN class="ft2">6. </SPAN><SPAN class="ft24">institut</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=2 class="tr5 td173"><P class="p35 ft2">kreditinstitut</P></TD>
<TD class="tr5 td139"><P class="p204 ft2">enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft3">lagen (2004:297) om</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p30 ft3">bank- och</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p1 ft3">lagen (2014:968) om särskild till-</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft3">finansieringsrörelse,</P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p107 ft21">Svenska</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p1 ft3">syn över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft21">skeppshypotekskassan</P></TD>
<TD class="tr4 td69"><P class="p79 ft3">och</P></TD>
<TD class="tr4 td230"><P class="p107 ft3">värde-</P></TD>
<TD colspan=2 class="tr4 td112"><P class="p1 ft3">pappersbolag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td139"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td99"><P class="p18 ft3">pappersbolag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td139"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p39 ft3"><SPAN class="ft2">7. </SPAN><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=4 class="tr4 td157"><P class="p39 ft3"><SPAN class="ft2">7. </SPAN><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td69"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td230"><P class="p107 ft2">rådets</P></TD>
<TD colspan=2 class="tr4 td112"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td139"><P class="p204 ft31">rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=4 class="tr5 td157"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">2013 om behörighet att utöva verk-</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p18 ft2">2013 om behörighet att utöva verk-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">samhet i kreditinstitut och om till-</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p18 ft2">samhet i kreditinstitut och om till-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">syn av kreditinstitut <SPAN class="ft3">och värde-</SPAN></P></TD>
<TD colspan=4 class="tr5 td157"><P class="p18 ft2">syn av kreditinstitut, om ändring av</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">pappersföretag</SPAN>, om ändring av</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p18 ft2">direktiv 2002/87/EG och om upp-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">direktiv 2002/87/EG och om upp-</P></TD>
<TD class="tr4 td72"><P class="p18 ft2">hävande av</P></TD>
<TD class="tr4 td177"><P class="p18 ft21">direktiven</P></TD>
<TD colspan=2 class="tr4 td209"><P class="p204 ft2">2006/48/EG</P></TD>
</TR>
<TR>
<TD class="tr31 td99"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse av</P></TD>
<TD class="tr31 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr31 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr31 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr31 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr31 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr31 td139"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr8 td99"><P class="p18 ft43">3 kap. 3 § 2020:1212</P></TD>
<TD class="tr8 td69"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td230"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td72"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td177"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td47"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td139"><P class="p18 ft9"> </P></TD>
</TR>
<TR>
<TD class="tr8 td99"><P class="p18 ft43">6 kap. 3 § 2020:1212.</P></TD>
<TD class="tr8 td69"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td230"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td72"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td177"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td47"><P class="p18 ft9"> </P></TD>
<TD rowspan=2 class="tr7 td139"><P class="p16 ft2">585</P></TD>
</TR>
<TR>
<TD class="tr5 td99"><P class="p18 ft27"><SPAN class="ft48">2 </SPAN>Senaste lydelse 2020:1212.</P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td177"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_586" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">586</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: left;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft2">hävande av <SPAN class="ft3">direktiv </SPAN>2006/48/EG och 2006/49/EG, i lydelsen enligt och 2006/49/EG, i lydelsen enligt Europaparlamentets och rådets Europaparlamentets och rådets direktiv (EU) <SPAN class="ft3">2019/2034</SPAN>, direktiv (EU) <SPAN class="ft3">2019/878</SPAN>,</P>
<P class="p122 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft53">kärnprimärkapital</SPAN>: kapital som avses i artikel 50 i tillsynsför- ordningen,</P>
<P class="p122 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft53">moderinstitut inom EES</SPAN>: företag som avses i artikel 4.1.29 i tillsyns- förordningen,</P>
<P class="p122 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft38">primärkapital</SPAN>: primärkapital som avses i artikel 4.1.101 i tillsyns- förordningen,</P>
<P class="p124 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft38">på grupp- eller undergruppsnivå</SPAN>: det sätt som institut i enlighet med bestämmelser om tillsyn på gruppnivå i artiklarna <NOBR>6–24</NOBR> i tillsynsförord- ningen ska uppfylla ställda krav,</P>
<P class="p121 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft38">systemrisk</SPAN>: risk för en störning i det finansiella systemet som kan få allvarliga negativa konsekvenser för det finansiella systemet och samhälls- ekonomin,</P>
<P class="p122 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft38">systemviktigt institut</SPAN>: ett institut vars fallissemang eller bristande funktion kan leda till systemrisk,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr5 td109"><P class="p39 ft3"><SPAN class="ft2">14. </SPAN><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">: Europa-</SPAN></P></TD>
<TD class="tr5 td110"><P class="p16 ft3"><SPAN class="ft2">14. </SPAN><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">: Europa-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">(EU) nr 575/2013 av den 26 juni</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">(EU) nr 575/2013 av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p18 ft3"><SPAN class="ft2">institut </SPAN>och värdepappersföretag <SPAN class="ft2">och</SPAN></P></TD>
<TD class="tr5 td110"><P class="p16 ft2">institut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">om ändring av förordning (EU) nr</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">förordning (EU) nr 648/2012,</P></TD>
</TR>
<TR>
<TD class="tr4 td118"><P class="p18 ft2">648/2012,</P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p39 ft3"><SPAN class="ft2">15. </SPAN><SPAN class="ft24">totalt riskvägt exponerings-</SPAN></P></TD>
<TD class="tr5 td110"><P class="p16 ft3"><SPAN class="ft2">15. </SPAN><SPAN class="ft24">totalt riskvägt exponerings-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft24">belopp</SPAN>: det belopp som avses i</P></TD>
<TD class="tr4 td110"><P class="p16 ft2"><SPAN class="ft24">belopp</SPAN>: det belopp som avses i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">artikel 92 i tillsynsförordningen,</P></TD>
<TD class="tr4 td110"><P class="p16 ft2">artikel 92 i tillsynsförordningen,</P></TD>
</TR>
<TR>
<TD class="tr5 td118"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td110"><P class="p1 ft3">och</P></TD>
</TR>
<TR>
<TD class="tr4 td118"><P class="p39 ft3">16. <SPAN class="ft24">värdepappersbolag</SPAN>:</P></TD>
<TD class="tr4 td102"><P class="p108 ft3">ett</P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td118"><P class="p18 ft3">värdepappersföretag som</P></TD>
<TD class="tr4 td102"><P class="p108 ft3">avses i</P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p18 ft3">artikel 4.1.2 i tillsynsförordningen</P></TD>
<TD class="tr5 td110"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft3">när det är ett svenskt aktiebolag,</P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td118"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p39 ft3">17. <SPAN class="ft24">värdeöverföringar kopplade</SPAN></P></TD>
<TD class="tr5 td110"><P class="p16 ft3">16. <SPAN class="ft24">värdeöverföringar kopplade</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td118"><P class="p18 ft3"><SPAN class="ft24">till kärnprimärkapitalet</SPAN>:</P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td110"><P class="p1 ft3"><SPAN class="ft24">till kärnprimärkapitalet</SPAN>:</P></TD>
</TR>
</TABLE>
<P class="p87 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">utbetalning i form av en kontant utdelning,</SPAN></P>
<P class="p124 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">fondemission eller partiell fondemission eller överföring eller utdel- ning av helt eller delvis betalda fondaktier eller andra kapitalinstrument som anges i artikel 26.1 a i tillsynsförordningen,</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft33">inlösen eller uppköp av egna aktier eller andelar eller andra kapital- instrument som anges i artikel 26.1 a i tillsynsförordningen,</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">d)</SPAN><SPAN class="ft33">återbetalning av belopp som utbetalas med anknytning till kapital- instrument som anges i artikel 26.1 a i tillsynsförordningen,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">e)</SPAN><SPAN class="ft33">en överföring eller utdelning av poster som avses i artikel 26.1 </SPAN><NOBR>b–e</NOBR> i tillsynsförordningen.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_587" style="position:relative; overflow: hidden;margin: 50px 0px 78px 68px;padding: 0px;border: none;width: 506px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD class="tr2 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td22"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td187"><P class="p393 ft22">6 kap.</P></TD>
<TD class="tr2 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td118"><P style="text-align: left;padding-left: 48px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td22"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td187"><P class="p394 ft2">7 §<SPAN class="ft20">3</SPAN></P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td118"><P style="text-align: left;padding-left: 48px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">Bilaga 9</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">Ett institut ska ha metoder som</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p25 ft2">Ett institut ska ha metoder som</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">gör det möjligt att i enlighet med</P></TD>
<TD colspan=4 class="tr4 td157"><P class="p25 ft2">gör det möjligt att i enlighet med</P></TD>
</TR>
<TR>
<TD class="tr5 td71"><P class="p18 ft2">föreskrifter</P></TD>
<TD colspan=2 class="tr5 td14"><P class="p249 ft2">som meddelats med</P></TD>
<TD class="tr5 td71"><P class="p18 ft2">föreskrifter</P></TD>
<TD class="tr5 td69"><P class="p18 ft2">som</P></TD>
<TD colspan=2 style="padding: 0px;margin: 0px;width: 207px;vertical-align: bottom;" class="tr5"><P class="p25 ft2">meddelats med</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">stöd av 10 kap. 1 § <SPAN class="ft3">11 </SPAN>fortlöpande</P></TD>
<TD colspan=2 class="tr4 td145"><P class="p18 ft2">stöd av 10 kap.</P></TD>
<TD colspan=2 style="padding: 0px;margin: 0px;width: 207px;vertical-align: bottom;" class="tr4"><P class="p25 ft2">1 § <SPAN class="ft3">9 </SPAN>fortlöpande</P></TD>
</TR>
<TR>
<TD class="tr4 td71"><P class="p18 ft2">beräkna</P></TD>
<TD class="tr4 td22"><P class="p79 ft2">institutets</P></TD>
<TD class="tr4 td53"><P class="p249 ft31">högsta</P></TD>
<TD class="tr4 td71"><P class="p18 ft2">beräkna</P></TD>
<TD colspan=2 class="tr4 td144"><P class="p79 ft2">institutets</P></TD>
<TD class="tr4 td118"><P class="p25 ft31">högsta</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td239"><P class="p18 ft2">förfogandebelopp.</P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td240"><P class="p18 ft2">förfogandebelopp.</P></TD>
<TD class="tr5 td118"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 class="t50">
<TR>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td37"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td186"><P class="p395 ft22">8 kap.</P></TD>
<TD class="tr16 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td186"><P class="p396 ft2">1 §<SPAN class="ft20">4</SPAN></P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td86"><P class="p39 ft2">Ett institut som inte uppfyller det</P></TD>
<TD colspan=2 class="tr4 td163"><P class="p44 ft2">kombinerade buffertkravet</P></TD>
<TD class="tr4 td126"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td125"><P class="p18 ft2">2 kap.</P></TD>
<TD colspan=2 class="tr4 td152"><P class="p18 ft2">2 § eller kravet på</P></TD>
<TD colspan=2 class="tr4 td186"><P class="p18 ft2">bruttosoliditetsbuffert enligt</P></TD>
<TD colspan=2 class="tr4 td129"><P class="p16 ft2">artikel 92.1a i</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td257"><P class="p18 ft2">tillsynsförordningen ska till Finansinspektionen</P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td86"><P class="p249 ft2">1. i enlighet med föreskrifter som</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">1. i enlighet med föreskrifter som</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td202"><P class="p18 ft2">meddelats med stöd</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p249 ft2">av 10 kap.</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">meddelats med stöd av 10 kap.</P></TD>
</TR>
<TR>
<TD class="tr5 td125"><P class="p18 ft2">1 § <SPAN class="ft3">11</SPAN></P></TD>
<TD class="tr5 td65"><P class="p81 ft2">rapportera</P></TD>
<TD class="tr5 td37"><P class="p18 ft2">högsta</P></TD>
<TD class="tr5 td149"><P class="p249 ft2">för-</P></TD>
<TD class="tr5 td120"><P class="p18 ft2">1 § <SPAN class="ft3">9 </SPAN>rapportera</P></TD>
<TD class="tr5 td98"><P class="p44 ft2">högsta</P></TD>
<TD class="tr5 td126"><P class="p16 ft2">för-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td202"><P class="p18 ft2">fogandebelopp, och</P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td120"><P class="p18 ft2">fogandebelopp, och</P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-right: 113px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">inom fem arbetsdagar från den dag då det konstaterades att buffert- kravet inte är uppfyllt lämna in en kapitalkonserveringsplan som visar hur institutet inom rimlig tid åter ska uppnå kravet.</SPAN></P>
<P style="text-align: justify;padding-right: 113px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Om det med beaktande av arten och omfattningen av institutets verk- samhet finns skäl för det, får Finansinspektionen medge att kapital- konserveringsplanen ges in till inspektionen inom högst tio arbetsdagar.</P>
<P style="text-align: left;padding-left: 186px;padding-right: 289px;margin-top: 16px;margin-bottom: 0px;text-indent: -10px;" class="ft22"><SPAN class="ft35">10</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN><SPAN class="ft20">5</SPAN></P>
<P style="text-align: left;padding-right: 113px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2">Regeringen eller den myndighet som regeringen bestämmer får meddela föreskrifter om</P>
<P style="text-align: justify;padding-right: 318px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft3">1.</SPAN><SPAN class="ft38">kriterier för vilka värde- pappersbolag som enligt 3 kap. 3 § får undantas från kravet att upp- rätthålla en kapitalkonserverings- buffert,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t24">
<TR>
<TD colspan=3 class="tr16 td86"><P class="p249 ft2"><SPAN class="ft3">2</SPAN>. de principer som ska beaktas</P></TD>
<TD colspan=3 class="tr16 td90"><P class="p16 ft2"><SPAN class="ft3">1</SPAN>. de principer som ska beaktas</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">vid fastställandet och graderingen</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">vid fastställandet och graderingen</P></TD>
</TR>
<TR>
<TD class="tr4 td135"><P class="p18 ft2">av</P></TD>
<TD class="tr4 td172"><P class="p18 ft2">systemriskbufferten</P></TD>
<TD class="tr4 td98"><P class="p249 ft2">enligt</P></TD>
<TD class="tr4 td135"><P class="p18 ft2">av</P></TD>
<TD class="tr4 td172"><P class="p18 ft2">systemriskbufferten</P></TD>
<TD class="tr4 td126"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td163"><P class="p18 ft2">4 kap. 1 §,</P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td163"><P class="p18 ft2">4 kap. 1 §,</P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2"><SPAN class="ft3">3</SPAN>. fastställandet av geografisk</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2"><SPAN class="ft3">2</SPAN>. fastställandet av geografisk</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">tillhörighet hos exponeringar av-</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">tillhörighet hos exponeringar av-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td163"><P class="p18 ft2">seende systemriskbufferten</P></TD>
<TD class="tr5 td98"><P class="p249 ft2">samt</P></TD>
<TD colspan=2 class="tr5 td163"><P class="p18 ft2">seende systemriskbufferten</P></TD>
<TD class="tr5 td126"><P class="p16 ft2">samt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">hur de geografiska systemrisk-</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">hur de geografiska systemrisk-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p18 ft2">buffertkraven ska sammanvägas,</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p18 ft2">buffertkraven ska sammanvägas,</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td86"><P class="p249 ft2"><SPAN class="ft3">4</SPAN>. hur systemriskbufferten ska</P></TD>
<TD colspan=3 class="tr5 td90"><P class="p16 ft2"><SPAN class="ft3">3</SPAN>. hur systemriskbufferten ska</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p249 ft2">beräknas enligt 4 kap. 2 § och vilka</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p16 ft2">beräknas enligt 4 kap. 2 § och vilka</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td86"><P class="p18 ft2">exponeringar bufferten får gälla,</P></TD>
<TD colspan=3 class="tr4 td90"><P class="p18 ft2">exponeringar bufferten får gälla,</P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 style="width: 505px;margin-top: 39px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr14 td251"><P class="p182 ft25">3</P></TD>
<TD class="tr14 td249"><P class="p1 ft29">Senaste lydelse 2020:1212.</P></TD>
<TD class="tr14 td83"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr8 td251"><P class="p182 ft25">4</P></TD>
<TD class="tr8 td249"><P class="p1 ft43">Senaste lydelse 2020:1212.</P></TD>
<TD rowspan=2 class="tr11 td83"><P class="p16 ft2">587</P></TD>
</TR>
<TR>
<TD class="tr14 td251"><P class="p182 ft25">5</P></TD>
<TD class="tr14 td249"><P class="p1 ft29">Senaste lydelse 2020:1212.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_588" style="position:relative; overflow: hidden;margin: 51px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">588</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t24">
<TR>
<TD colspan=3 class="tr2 td63"><P class="p186 ft2"><SPAN class="ft3">5</SPAN>. bedömningsgrunder för när ett</P></TD>
<TD colspan=3 class="tr2 td64"><P class="p16 ft2"><SPAN class="ft3">4</SPAN>. bedömningsgrunder för när ett</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p186 ft31">institut ska utses till globalt system-</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p16 ft2">institut ska utses till globalt system-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p186 ft2">viktigt eller ska flyttas till en högre</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p16 ft2">viktigt eller ska flyttas till en högre</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft2">kategori av globalt</P></TD>
<TD colspan=2 class="tr4 td38"><P class="p186 ft2">systemviktiga</P></TD>
<TD class="tr4 td99"><P class="p73 ft2">kategori av globalt</P></TD>
<TD colspan=2 class="tr4 td235"><P class="p16 ft2">systemviktiga</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft2">institut,</P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td99"><P class="p73 ft2">institut,</P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p186 ft2"><SPAN class="ft3">6</SPAN>. hur övriga systemviktiga insti-</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p16 ft2"><SPAN class="ft3">5</SPAN>. hur övriga systemviktiga insti-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p186 ft2">tut ska identifieras och hur bedöm-</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p16 ft2">tut ska identifieras och hur bedöm-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td63"><P class="p186 ft2">ning av tillhörande kapitalbuffert-</P></TD>
<TD colspan=3 class="tr5 td64"><P class="p16 ft2">ning av tillhörande kapitalbuffert-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft2">krav ska ske enligt</P></TD>
<TD class="tr4 td47"><P class="p456 ft2">5 kap.</P></TD>
<TD class="tr4 td98"><P class="p186 ft2">3 och</P></TD>
<TD class="tr4 td99"><P class="p73 ft2">krav ska ske enligt</P></TD>
<TD class="tr4 td140"><P class="p79 ft2">5 kap.</P></TD>
<TD class="tr4 td125"><P class="p16 ft2">3 och</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft2">4 §§,</P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td99"><P class="p73 ft2">4 §§,</P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td63"><P class="p186 ft2"><SPAN class="ft3">7</SPAN>. vilka kreditexponeringar som i</P></TD>
<TD colspan=3 class="tr5 td64"><P class="p16 ft2"><SPAN class="ft3">6</SPAN>. vilka kreditexponeringar som i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p186 ft2">enlighet med 6 kap. 1 § ska beaktas</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p16 ft2">enlighet med 6 kap. 1 § ska beaktas</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p186 ft2">vid beräkningen av den kontra-</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p16 ft2">vid beräkningen av den kontra-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td245"><P class="p18 ft2">cykliska kapitalbufferten,</P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td258"><P class="p73 ft2">cykliska kapitalbufferten,</P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p39 ft2"><SPAN class="ft3">8. </SPAN>beräkningen av</P></TD>
<TD class="tr4 td47"><P class="p78 ft2">det</P></TD>
<TD class="tr4 td98"><P class="p186 ft2">viktade</P></TD>
<TD class="tr4 td99"><P class="p17 ft2"><SPAN class="ft3">7. </SPAN>beräkningen av</P></TD>
<TD class="tr4 td140"><P class="p73 ft2">det</P></TD>
<TD class="tr4 td125"><P class="p16 ft2">viktade</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p186 ft2">genomsnittet av de kontracykliska</P></TD>
<TD colspan=3 class="tr4 td64"><P class="p16 ft2">genomsnittet av de kontracykliska</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td63"><P class="p18 ft2">buffertvärdena enligt 6 kap. 1 §,</P></TD>
<TD colspan=3 class="tr5 td64"><P class="p73 ft2">buffertvärdena enligt 6 kap. 1 §,</P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-right: 273px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3"><SPAN class="ft3">9.</SPAN><SPAN class="ft53">kriterier för vilka värde- pappersbolag som enligt 6 kap. 3 § får undantas från kravet att upp- rätthålla en kontracyklisk kapital- buffert,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t24">
<TR>
<TD colspan=2 class="tr16 td50"><P class="p39 ft2"><SPAN class="ft3">10</SPAN>. skyldighet för instituten att</P></TD>
<TD class="tr16 td85"><P class="p48 ft2"><SPAN class="ft3">8</SPAN>. skyldighet för instituten att</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">ange sina kreditexponeringars geo-</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">ange sina kreditexponeringars geo-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">grafiska område,</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">grafiska område,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p39 ft2"><SPAN class="ft3">11</SPAN>. hur högsta förfogandebelopp</P></TD>
<TD class="tr5 td85"><P class="p48 ft2"><SPAN class="ft3">9</SPAN>. hur högsta förfogandebelopp</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">enligt 8 kap. 1 § ska beräknas och</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">enligt 8 kap. 1 § ska beräknas och</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">rapporteras,</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">rapporteras,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p39 ft2"><SPAN class="ft3">12</SPAN>. de krav som en kapital-</P></TD>
<TD class="tr5 td85"><P class="p48 ft2"><SPAN class="ft3">10</SPAN>. de krav som en kapital-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">konserveringsplan enligt 8 kap. 1 §</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">konserveringsplan enligt 8 kap. 1 §</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">ska uppfylla, och</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">ska uppfylla, och</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td50"><P class="p39 ft2"><SPAN class="ft3">13</SPAN>. underrättelseskyldigheten</P></TD>
<TD class="tr5 td85"><P class="p48 ft2"><SPAN class="ft3">11</SPAN>. underrättelseskyldigheten</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td50"><P class="p18 ft2">enligt 8 kap. 5 §.</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">enligt 8 kap. 5 §.</P></TD>
</TR>
<TR>
<TD class="tr14 td264"><P class="p18 ft69"> </P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p413 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_589" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 33px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i kreditupplysningslagen (1973:1173)</P>
<P style="text-align: left;padding-top: 2px;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs att 11 § kreditupplysningslagen (1973:1173)<SPAN class="ft20">1 </SPAN>ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;margin-top: 15px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr4 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 18px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<P style="text-align: left;padding-left: 183px;margin-top: 0px;margin-bottom: 0px;" class="ft2">11 §<SPAN class="ft20">2</SPAN></P>
<P class="p92 ft2">När en kreditupplysning om en fysisk person lämnas ut, ska till den som avses med upplysningen samtidigt och kostnadsfritt sändas ett skriftligt meddelande om</P>
<P class="p89 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">vem som bedriver kreditupplysningsverksamheten och kontaktuppgifter till dataskyddsombudet, om ett sådant ombud krävs enligt artikel 37 i EU:s dataskyddsförordning,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">ändamålen med och den rättsliga grunden för behandlingen,</SPAN></P>
<P class="p91 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">vilka kategorier av personuppgifter som behandlas, varifrån upp- gifterna hämtats och hur länge uppgifterna kommer att lagras,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">de uppgifter, omdömen och råd som upplysningen innehåller om honom eller henne,</SPAN></P>
<P class="p91 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">möjligheten att få tillgång till och rättelse av de uppgifter som rör honom eller henne,</SPAN></P>
<P class="p91 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">vilka kategorier av mottagare som kan ta del av personuppgifterna och vem som har begärt upplysningen, och</SPAN></P>
<P class="p88 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">möjligheten att framställa klagomål till Integritetsskydds- myndigheten.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t13">
<TR>
<TD colspan=4 class="tr5 td50"><P class="p108 ft2">Om kreditupplysningen lämnas</P></TD>
<TD class="tr5 td125"><P class="p39 ft2">Om</P></TD>
<TD colspan=3 class="tr5 td120"><P class="p18 ft2">kreditupplysningen</P></TD>
<TD colspan=2 class="tr5 td115"><P class="p204 ft2">lämnas</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">ut till ett svenskt kreditinstitut eller</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">ut till ett svenskt kreditinstitut eller</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft3">värdepappersbolag<SPAN class="ft2">, eller till ett</SPAN></P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft3">ett bolag som avses i 1 kap. 2 §</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">motsvarande utländskt företag, för</P></TD>
<TD class="tr5 td125"><P class="p18 ft3">första</P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td184"><P class="p204 ft3">stycket 7 <NOBR>c–f</NOBR></P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">att användas endast som underlag</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft3">lagen (2014:968) om särskild till-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">för beräkning av kapitalkravet för</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft3">syn över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">kreditrisker med en sådan metod</P></TD>
<TD colspan=6 class="tr5 td157"><P class="p18 ft2"><SPAN class="ft3">pappersbolag</SPAN>, eller till ett mot-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">som avses i artikel 143.1 i Europa-</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">svarande utländskt företag, för att</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">användas endast som underlag för</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td232"><P class="p18 ft2">(EU) nr 575/2013</P></TD>
<TD class="tr5 td51"><P class="p108 ft2">av den 26 juni</P></TD>
<TD colspan=2 class="tr5 td7"><P class="p18 ft2">beräkning</P></TD>
<TD class="tr5 td69"><P class="p80 ft2">av</P></TD>
<TD colspan=2 class="tr5 td22"><P class="p271 ft2">kapitalkravet</P></TD>
<TD class="tr5 td234"><P class="p204 ft2">för</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">kreditrisker med en sådan metod</P></TD>
</TR>
<TR>
<TD class="tr4 td160"><P class="p18 ft2">institut</P></TD>
<TD class="tr4 td126"><P class="p18 ft3">och</P></TD>
<TD colspan=2 class="tr4 td172"><P class="p108 ft21">värdepappersföretag</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">som avses i artikel 143.1 i Europa-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
<TD colspan=6 class="tr5 td157"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td65"><P class="p18 ft2">nr 648/2012,</P></TD>
<TD class="tr4 td123"><P class="p81 ft2">får</P></TD>
<TD class="tr4 td51"><P class="p107 ft2">meddelandet</P></TD>
<TD colspan=4 class="tr4 td262"><P class="p18 ft2">(EU) nr 575/2013 av den</P></TD>
<TD colspan=2 class="tr4 td115"><P class="p204 ft2">26 juni</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">sändas senare men utan onödigt</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD class="tr5 td160"><P class="p18 ft2">dröjsmål</P></TD>
<TD colspan=2 class="tr5 td102"><P class="p160 ft2">och</P></TD>
<TD class="tr5 td51"><P class="p107 ft2">begränsas till</P></TD>
<TD colspan=6 class="tr5 td157"><P class="p18 ft2">institut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">information enligt första stycket 1,</P></TD>
<TD colspan=2 class="tr4 td7"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr4 td100"><P class="p79 ft2">(EU) nr 648/2012,</P></TD>
<TD class="tr4 td234"><P class="p204 ft2">får</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">2 och 6. Om den som avses med</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">meddelandet sändas senare men</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft2">upplysningen begär det, ska även</P></TD>
<TD class="tr5 td125"><P class="p18 ft2">utan</P></TD>
<TD colspan=2 class="tr5 td156"><P class="p37 ft2">onödigt</P></TD>
<TD class="tr5 td55"><P class="p403 ft2">dröjsmål</P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td234"><P class="p204 ft31">och</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">information enligt 3, 4, 5 och 7</P></TD>
<TD colspan=2 class="tr4 td7"><P class="p18 ft2">begränsas</P></TD>
<TD class="tr4 td69"><P class="p18 ft2">till</P></TD>
<TD class="tr4 td55"><P class="p18 ft2">information</P></TD>
<TD colspan=2 class="tr4 td115"><P class="p204 ft2">enligt</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p18 ft2">sändas till honom eller henne.</P></TD>
<TD colspan=6 class="tr4 td157"><P class="p18 ft2">första stycket 1, 2 och 6. Om den</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr34 td50"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Lagen omtryckt 1981:737.</P></TD>
<TD class="tr34 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr34 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr34 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr34 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr34 td143"><P class="p18 ft5"> </P></TD>
<TD rowspan=2 class="tr35 td234"><P class="p16 ft2">589</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p18 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2020:1109.</P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td143"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_590" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:184px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173590x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">590</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: justify;padding-left: 203px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft2">som avses med upplysningen begär det, ska även information enligt 3, 4, 5 och 7 sändas till honom eller henne.</P>
<P class="p121 ft2">Första och andra styckena gäller också när en kreditupplysning lämnas om ett handelsbolag eller kommanditbolag.</P>
<P class="p121 ft2"><NOBR>Första–tredje</NOBR> styckena gäller inte kreditupplysningar som lämnas genom offentliggörande på ett sådant sätt som avses i tryckfrihets- förordningen eller yttrandefrihetsgrundlagen, utom när upplysningarna tillhandahålls ur en databas enligt 1 kap. 4 § yttrandefrihetsgrundlagen på sätt som avses i den paragrafens första stycke 2 <NOBR>a–c.</NOBR></P>
<P style="text-align: left;padding-left: 11px;margin-top: 33px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_591" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 40px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (1980:1097) om Svenska skeppshypotekskassan</P>
<P class="p814 ft2">Härigenom föreskrivs att 3 a § lagen (1980:1097) om Svenska skepps- hypotekskassan ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t49">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 15px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td53"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td67"><P class="p73 ft2">3 a §<SPAN class="ft20">1</SPAN></P></TD>
<TD class="tr2 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td131"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p108 ft2">Av lagen (2014:968) om särskild</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">Av lagen (2014:968) om särskild</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p108 ft31">tillsyn över kreditinstitut och värde-</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft31">tillsyn över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p108 ft2">pappersbolag och lagen (2014:966)</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">pappersbolag och lagen (2014:966)</P></TD>
</TR>
<TR>
<TD class="tr5 td190"><P class="p18 ft2">om</P></TD>
<TD colspan=3 class="tr5 td138"><P class="p18 ft2">kapitalbuffertar</P></TD>
<TD class="tr5 td53"><P class="p18 ft2">framgår</P></TD>
<TD class="tr5 td126"><P class="p107 ft2">att</P></TD>
<TD class="tr5 td190"><P class="p18 ft2">om</P></TD>
<TD colspan=2 class="tr5 td145"><P class="p18 ft2">kapitalbuffertar</P></TD>
<TD class="tr5 td122"><P class="p18 ft2">framgår</P></TD>
<TD class="tr5 td131"><P class="p16 ft2">att</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p108 ft2">lagarna och bestämmelser i Europa-</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">lagarna och bestämmelser i Europa-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p107 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=2 class="tr4 td49"><P class="p18 ft2">parlamentets och</P></TD>
<TD colspan=3 class="tr4 td107"><P class="p16 ft31">rådets förordning</P></TD>
</TR>
<TR>
<TD class="tr5 td190"><P class="p18 ft2">(EU)</P></TD>
<TD colspan=2 class="tr5 td65"><P class="p43 ft2">nr 575/2013</P></TD>
<TD class="tr5 td181"><P class="p18 ft2">av</P></TD>
<TD colspan=2 class="tr5 td74"><P class="p108 ft2">den 26 juni</P></TD>
<TD class="tr5 td190"><P class="p18 ft2">(EU)</P></TD>
<TD class="tr5 td32"><P class="p32 ft2">nr 575/2013</P></TD>
<TD class="tr5 td31"><P class="p37 ft2">av</P></TD>
<TD colspan=2 class="tr5 td101"><P class="p16 ft2">den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td50"><P class="p107 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td65"><P class="p18 ft2">institut <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=4 class="tr4 td172"><P class="p107 ft21">värdepappersföretag</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">institut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td50"><P class="p107 ft2">och om ändring av förordning (EU)</P></TD>
<TD colspan=2 class="tr5 td49"><P class="p18 ft2">förordning (EU)</P></TD>
<TD colspan=2 class="tr5 td222"><P class="p18 ft2">nr 648/2012</P></TD>
<TD class="tr5 td131"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td65"><P class="p18 ft2">nr 648/2012</P></TD>
<TD class="tr4 td190"><P class="p1 ft2">ska</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p32 ft2">tillämpas</P></TD>
<TD class="tr4 td126"><P class="p107 ft2">för</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">tillämpas för Svenska skeppshypo-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td200"><P class="p18 ft31">Svenska skeppshypotekskassan.</P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td49"><P class="p18 ft2">tekskassan.</P></TD>
<TD class="tr4 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td268"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td269"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td268"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td270"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td31"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p407 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 class="t51">
<TR>
<TD class="tr2 td157"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2014:971.</P></TD>
<TD class="tr2 td50"><P class="p16 ft2">591</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_592" style="position:relative; overflow: hidden;margin: 48px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<TABLE cellpadding=0 cellspacing=0 class="t82">
<TR>
<TD class="tr6 td199"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD colspan=13 class="tr6 td103"><P class="p18 ft18">Förslag till lag om ändring i sparbankslagen (1987:619)</P></TD>
</TR>
<TR>
<TD class="tr9 td199"><P class="p18 ft12">Bilaga 9</P></TD>
<TD class="tr9 td53"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td127"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td140"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td210"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td273"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td12"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td156"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td18"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td127"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td140"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td181"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td47"><P class="p18 ft11"> </P></TD>
<TD class="tr9 td135"><P class="p18 ft11"> </P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=13 class="tr5 td103"><P class="p18 ft2">Härigenom föreskrivs att 9 kap. 1 § sparbankslagen (1987:619)<SPAN class="ft20">1 </SPAN>ska ha</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td57"><P class="p18 ft2">följande lydelse.</P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr18 td57"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr18 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td156"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr18 td197"><P class="p18 ft3">Föreslagen lydelse</P></TD>
<TD class="tr18 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr13 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr13 td204"><P class="p408 ft22">9 kap.</P></TD>
<TD class="tr13 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr13 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td204"><P class="p409 ft2">1 §<SPAN class="ft20">2</SPAN></P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p108 ft2">En stiftare, huvudman, styrelse-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p16 ft2">En stiftare, huvudman, styrelse-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">ledamot eller delegat, som när han</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">ledamot eller delegat, som när han</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">eller hon fullgör sitt uppdrag</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">eller hon fullgör sitt uppdrag</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td32"><P class="p18 ft2">uppsåtligen</P></TD>
<TD class="tr4 td140"><P class="p292 ft2">eller</P></TD>
<TD colspan=2 class="tr4 td141"><P class="p18 ft2">av</P></TD>
<TD colspan=2 class="tr4 td38"><P class="p108 ft2">oaktsamhet</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p18 ft2">uppsåtligen</P></TD>
<TD class="tr4 td140"><P class="p292 ft2">eller</P></TD>
<TD class="tr4 td181"><P class="p18 ft2">av</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p16 ft2">oaktsamhet</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">skadar en sparbank, ska ersätta</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">skadar en sparbank, ska ersätta</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p18 ft2">skadan.</P></TD>
<TD colspan=4 class="tr5 td71"><P class="p80 ft2">Detsamma</P></TD>
<TD class="tr5 td12"><P class="p43 ft2">gäller</P></TD>
<TD class="tr5 td156"><P class="p108 ft2">när</P></TD>
<TD class="tr5 td18"><P class="p18 ft2">skadan.</P></TD>
<TD colspan=3 class="tr5 td32"><P class="p80 ft2">Detsamma</P></TD>
<TD class="tr5 td47"><P class="p80 ft2">gäller</P></TD>
<TD class="tr5 td135"><P class="p16 ft2">när</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft2">skadan</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p292 ft2">tillfogas</P></TD>
<TD colspan=3 class="tr4 td18"><P class="p32 ft2">någon</P></TD>
<TD class="tr4 td156"><P class="p108 ft31">annan</P></TD>
<TD class="tr4 td18"><P class="p18 ft2">skadan</P></TD>
<TD colspan=2 class="tr4 td54"><P class="p292 ft2">tillfogas</P></TD>
<TD colspan=2 class="tr4 td18"><P class="p80 ft2">någon</P></TD>
<TD class="tr4 td135"><P class="p16 ft31">annan</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">genom överträdelse av denna lag,</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">genom överträdelse av denna lag,</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td187"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td12"><P class="p1 ft2">och</P></TD>
<TD class="tr5 td156"><P class="p108 ft31">rådets</P></TD>
<TD colspan=4 class="tr5 td99"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td135"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td32"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td140"><P class="p29 ft2">(EU)</P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td38"><P class="p108 ft2">nr 575/2013</P></TD>
<TD colspan=2 class="tr4 td222"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td140"><P class="p182 ft2">(EU)</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td101"><P class="p16 ft2">nr 575/2013</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">av den 26 juni 2013 om tillsynskrav</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">av den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">för kreditinstitut <SPAN class="ft3">och värde-</SPAN></P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">pappersföretag </SPAN>och om ändring av</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">förordning (EU) nr 648/2012, lagen</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td32"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td140"><P class="p247 ft2">(EU)</P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td38"><P class="p108 ft2">nr 648/2012,</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">(2014:968) om särskild tillsyn över</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">lagen (2014:968) om särskild tillsyn</P></TD>
<TD colspan=2 class="tr5 td222"><P class="p18 ft2">kreditinstitut</P></TD>
<TD class="tr5 td140"><P class="p207 ft2">och</P></TD>
<TD colspan=3 class="tr5 td22"><P class="p16 ft2">värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">över kreditinstitut och värdepappers-</P></TD>
<TD class="tr4 td18"><P class="p18 ft2">bolag,</P></TD>
<TD colspan=4 class="tr4 td197"><P class="p32 ft2">lagen (2014:966)</P></TD>
<TD class="tr4 td135"><P class="p16 ft2">om</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">bolag, lagen (2014:966) om kapital-</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">kapitalbuffertar, tillämplig lag om</P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr5 td109"><P class="p18 ft2">buffertar, tillämplig lag om års-</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">årsredovisning, lagen (2004:297) om</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td32"><P class="p18 ft2">redovisning,</P></TD>
<TD colspan=5 class="tr4 td161"><P class="p108 ft2">lagen (2004:297) om</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">bank- och finansieringsrörelse eller</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td109"><P class="p18 ft2">bank- och finansieringsrörelse eller</P></TD>
<TD colspan=4 class="tr4 td99"><P class="p18 ft2">bankens reglemente.</P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td199"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td187"><P class="p18 ft2">bankens reglemente.</P></TD>
<TD class="tr5 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD style="border-bottom: #000000 1px solid;padding: 0px;margin: 0px;width: 51px;vertical-align: bottom;" class="tr14"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td375"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td260"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td275"><P class="p18 ft69"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 138px;margin-top: 17px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 251px;margin-top: 245px;font: 7px 'Times New Roman';">
<TR>
<TD rowspan=2 class="tr7 td127"><P class="p16 ft2">592</P></TD>
<TD class="tr4 td120"><P class="p29 ft39">1</P></TD>
<TD class="tr4 td66"><P class="p79 ft27">Lagen omtryckt 1996:1005.</P></TD>
</TR>
<TR>
<TD class="tr9 td120"><P class="p29 ft39">2</P></TD>
<TD class="tr9 td66"><P class="p79 ft27">Senaste lydelse 2014:972.</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_593" style="position:relative; overflow: hidden;margin: 53px 0px 78px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 394px;overflow: hidden;">
<P style="text-align: left;padding-right: 41px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (1988:1385) om Sveriges riksbank</P>
<P style="text-align: left;padding-top: 2px;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs att 4 kap. 4 a § lagen (1988:1385) om Sveriges riks- bank<SPAN class="ft20">1 </SPAN>ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 12px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 14px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 179px;margin-top: 18px;margin-bottom: 0px;" class="ft22"><SPAN class="ft22">4</SPAN><SPAN class="ft23">kap.</SPAN></P>
<P class="p411 ft2">4 a §<SPAN class="ft20">2</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td75"><P class="p39 ft2">Om</P></TD>
<TD colspan=2 class="tr5 td71"><P class="p412 ft2">Riksbanken</P></TD>
<TD colspan=3 class="tr5 td127"><P class="p79 ft2">får</P></TD>
<TD colspan=2 class="tr5 td95"><P class="p44 ft2">kännedom</P></TD>
<TD colspan=4 class="tr5 td78"><P class="p206 ft2">Om Riksbanken</P></TD>
<TD colspan=2 class="tr5 td31"><P class="p32 ft2">får</P></TD>
<TD colspan=2 class="tr5 td183"><P class="p16 ft2">kännedom</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">om en sådan kritisk situation som</P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft2">om en sådan kritisk situation som</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td144"><P class="p18 ft2">avses i 6 kap.</P></TD>
<TD class="tr5 td113"><P class="p247 ft2">3 §</P></TD>
<TD colspan=5 class="tr5 td173"><P class="p186 ft2">andra stycket</P></TD>
<TD class="tr5 td114"><P class="p77 ft2">avses</P></TD>
<TD colspan=2 class="tr5 td67"><P class="p43 ft2">i 6 kap.</P></TD>
<TD class="tr5 td181"><P class="p16 ft2">3 §</P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td140"><P class="p18 ft2">andra</P></TD>
<TD class="tr5 td171"><P class="p16 ft2">stycket</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr16 td150"><P class="p18 ft2">lagen (2014:968)</P></TD>
<TD colspan=3 class="tr16 td127"><P class="p79 ft2">om</P></TD>
<TD colspan=2 class="tr16 td95"><P class="p186 ft2">särskild</P></TD>
<TD colspan=4 class="tr16 td78"><P class="p77 ft2">lagen (2014:968)</P></TD>
<TD colspan=2 class="tr16 td31"><P class="p32 ft2">om</P></TD>
<TD class="tr16 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td171"><P class="p16 ft2">särskild</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">tillsyn över kreditinstitut och värde-</P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft31">tillsyn över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td144"><P class="p18 ft2">pappersbolag,</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p39 ft2">ska</P></TD>
<TD class="tr5 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td4"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td95"><P class="p44 ft31">Riksbanken</P></TD>
<TD colspan=3 class="tr5 td130"><P class="p77 ft2">pappersbolag,</P></TD>
<TD colspan=2 class="tr5 td123"><P class="p80 ft2">ska</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td183"><P class="p16 ft31">Riksbanken</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">omgående underrätta berörda myn-</P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft2">omgående underrätta berörda myn-</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">digheter inom EES med ansvar för</P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft2">digheter inom EES med ansvar för</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td144"><P class="p18 ft2">gruppbaserad</P></TD>
<TD colspan=2 class="tr5 td114"><P class="p1 ft2">tillsyn</P></TD>
<TD class="tr5 td277"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td156"><P class="p32 ft2">enligt</P></TD>
<TD class="tr5 td190"><P class="p44 ft2">arti-</P></TD>
<TD colspan=7 class="tr5 td236"><P class="p77 ft2">gruppbaserad tillsyn enligt</P></TD>
<TD class="tr5 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft2">kel 111</P></TD>
<TD colspan=6 class="tr16 td267"><P class="p73 ft2">i Europaparlamentets</P></TD>
<TD class="tr16 td190"><P class="p44 ft2">och</P></TD>
<TD colspan=8 class="tr16 td63"><P class="p16 ft2"><SPAN class="ft3">1. </SPAN>artikel 111 i Europaparlamentets</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">rådets direktiv 2013/36/EU av den</P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft2">och rådets direktiv 2013/36/EU av</P></TD>
</TR>
<TR>
<TD class="tr5 td75"><P class="p18 ft2">26 juni</P></TD>
<TD class="tr5 td155"><P class="p73 ft2">2013</P></TD>
<TD class="tr5 td113"><P class="p246 ft2">om</P></TD>
<TD colspan=4 class="tr5 td183"><P class="p1 ft2">behörighet</P></TD>
<TD class="tr5 td190"><P class="p186 ft2">att</P></TD>
<TD colspan=8 class="tr5 td63"><P class="p77 ft2">den 26 juni 2013 om behörighet att</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft2">utöva</P></TD>
<TD colspan=2 class="tr16 td71"><P class="p246 ft2">verksamhet</P></TD>
<TD class="tr16 td210"><P class="p18 ft2">i</P></TD>
<TD colspan=4 class="tr16 td148"><P class="p186 ft2">kreditinstitut</P></TD>
<TD class="tr16 td114"><P class="p77 ft2">utöva</P></TD>
<TD colspan=3 class="tr16 td91"><P class="p77 ft2">verksamhet</P></TD>
<TD class="tr16 td241"><P class="p37 ft2">i</P></TD>
<TD colspan=3 class="tr16 td91"><P class="p16 ft2">kreditinstitut</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">och om tillsyn av kreditinstitut <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft2">och om tillsyn av kreditinstitut, om</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td64"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">, om ändring av</SPAN></P></TD>
<TD colspan=8 class="tr5 td63"><P class="p77 ft2">ändring av direktiv 2002/87/EG och</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr16 td64"><P class="p18 ft2">direktiv 2002/87/EG och om upp-</P></TD>
<TD class="tr16 td114"><P class="p77 ft2">om</P></TD>
<TD colspan=3 class="tr16 td91"><P class="p291 ft31">upphävande</P></TD>
<TD colspan=2 class="tr16 td31"><P class="p37 ft2">av</P></TD>
<TD colspan=2 class="tr16 td183"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr16 td187"><P class="p18 ft2">hävande av <SPAN class="ft3">direktiv</SPAN></P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr16 td235"><P class="p186 ft2">2006/48/EG</P></TD>
<TD colspan=2 class="tr16 td235"><P class="p77 ft2">2006/48/EG</P></TD>
<TD colspan=2 class="tr16 td75"><P class="p291 ft2">och</P></TD>
<TD colspan=4 class="tr16 td144"><P class="p16 ft2">2006/49/EG, <SPAN class="ft3">i</SPAN></P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td150"><P class="p18 ft2">och 2006/49/EG.</P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td63"><P class="p77 ft21">lydelsen enligt Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td114"><P class="p77 ft3">och</P></TD>
<TD colspan=2 class="tr16 td67"><P class="p39 ft3">rådets</P></TD>
<TD colspan=4 class="tr16 td24"><P class="p35 ft3">direktiv</P></TD>
<TD class="tr16 td171"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr16 td130"><P class="p77 ft21">2019/2034, eller</P></TD>
<TD class="tr16 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td130"><P class="p206 ft3">2. artikel 46 i</P></TD>
<TD colspan=5 class="tr5 td227"><P class="p16 ft3">Europaparlamen-</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft3">tets och rådets direktiv (EU)</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr16 td235"><P class="p77 ft3">2019/2034</P></TD>
<TD class="tr16 td16"><P class="p18 ft3">av</P></TD>
<TD colspan=2 class="tr16 td123"><P class="p1 ft3">den</P></TD>
<TD colspan=3 class="tr16 td91"><P class="p16 ft3">27 november</P></TD>
</TR>
<TR>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr5 td63"><P class="p77 ft3">2019 om tillsyn av värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft3">företag och om ändring av direkti-</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td114"><P class="p77 ft3">ven</P></TD>
<TD colspan=3 class="tr16 td91"><P class="p80 ft3">2002/87/EG,</P></TD>
<TD class="tr16 td241"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr16 td91"><P class="p16 ft3">2009/65/EG,</P></TD>
</TR>
<TR>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td235"><P class="p77 ft21">2011/61/EU,</P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td91"><P class="p16 ft3">2013/36/EU,</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr16 td63"><P class="p77 ft21">2014/59/EU och 2014/65/EU, i den</P></TD>
</TR>
<TR>
<TD class="tr16 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td277"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr16 td96"><P class="p77 ft3">ursprungliga lydelsen<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr16 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr16 td171"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr14 td278"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td279"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td280"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td275"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td281"><P class="p18 ft69"> </P></TD>
<TD class="tr4 td4"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p413 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 class="t53">
<TR>
<TD class="tr4 td251"><P class="p182 ft25">1</P></TD>
<TD class="tr4 td10"><P class="p1 ft29">Lagen omtryckt 1999:19.</P></TD>
<TD rowspan=2 class="tr25 td50"><P class="p16 ft2">593</P></TD>
</TR>
<TR>
<TD class="tr14 td251"><P class="p182 ft25">2</P></TD>
<TD class="tr14 td10"><P class="p1 ft29">Senaste lydelse 2014:973.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_594" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (1991:980) om handel med finansiella instrument</P>
<P class="p814 ft2">Härigenom föreskrivs att 3 kap. 1 § lagen (1991:980) om handel med finansiella instrument<SPAN class="ft20">1 </SPAN>ska ha följande lydelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 304px;margin-left: 127px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td109"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p454 ft22">3 kap.</P>
<P style="text-align: left;padding-left: 313px;margin-top: 0px;margin-bottom: 0px;" class="ft2">1 §<SPAN class="ft20">2</SPAN></P>
<P class="p490 ft2">Om ett företag som står under tillsyn av Finansinspektionen vill ingå avtal med ägaren till ett finansiellt instrument om att företaget ska ha rätt att förfoga över det finansiella instrumentet för egen räkning, ska avtalet slutas skriftligen i en för ändamålet särskilt upprättad handling som i någon läsbar och varaktig form är tillgänglig för parterna. Detsamma gäller om företaget medverkar till ett sådant avtal mellan andra parter. Det förfogande som avses ska anges noggrant.</P>
<P class="p562 ft2">Första stycket gäller inte om företagets motpart eller parterna i ett avtal som företaget medverkar till är</P>
<P class="p490 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">ett annat företag som står under tillsyn av Finansinspektionen eller ett utländskt företag inom EES som i sitt hemland får driva jämförbar verk- samhet och som står under betryggande tillsyn av myndighet eller annat behörigt organ,</SPAN></P>
<P class="p498 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">Riksgäldskontoret eller ett utländskt offentligt organ inom EES som är ansvarigt för eller deltar i förvaltningen av statsskulden eller är behörigt att föra konton för kunders räkning,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">Riksbanken eller en utländsk centralbank inom EES, inklusive Europeiska centralbanken,</SPAN></P>
<P class="p490 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">en multilateral utvecklingsbank, Banken för internationell betalnings- utjämning, Internationella valutafonden eller Europeiska investerings- banken, eller</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD class="tr5 td37"><P class="p39 ft2">5. ett</P></TD>
<TD class="tr5 td156"><P class="p39 ft31">sådant</P></TD>
<TD colspan=2 class="tr5 td235"><P class="p81 ft31">kreditinstitut</P></TD>
<TD class="tr5 td75"><P class="p44 ft2">som</P></TD>
<TD class="tr5 td155"><P class="p45 ft31">5. ett</P></TD>
<TD class="tr5 td102"><P class="p39 ft2">sådant</P></TD>
<TD colspan=2 class="tr5 td80"><P class="p18 ft31">kreditinstitut</P></TD>
<TD class="tr5 td135"><P class="p16 ft2">som</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft2">anges</P></TD>
<TD colspan=2 class="tr4 td206"><P class="p18 ft2">i förteckningen</P></TD>
<TD colspan=2 class="tr4 td176"><P class="p44 ft2">i artikel 2.5</P></TD>
<TD class="tr4 td155"><P class="p77 ft2">anges</P></TD>
<TD colspan=2 class="tr4 td73"><P class="p18 ft2">i förteckningen</P></TD>
<TD colspan=2 class="tr4 td27"><P class="p16 ft2">i artikel 2.5</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td99"><P class="p18 ft2">i Europaparlamentets</P></TD>
<TD class="tr5 td140"><P class="p79 ft2">och</P></TD>
<TD class="tr5 td75"><P class="p44 ft31">rådets</P></TD>
<TD colspan=3 class="tr5 td142"><P class="p77 ft2">i Europaparlamentets</P></TD>
<TD class="tr5 td135"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td135"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">2013 om behörighet att utöva verk-</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">2013 om behörighet att utöva verk-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td63"><P class="p18 ft2">samhet i kreditinstitut och om</P></TD>
<TD colspan=5 class="tr5 td64"><P class="p77 ft2">samhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft2">tillsyn</P></TD>
<TD class="tr4 td156"><P class="p237 ft2">av</P></TD>
<TD colspan=2 class="tr4 td235"><P class="p18 ft2">kreditinstitut</P></TD>
<TD class="tr4 td75"><P class="p44 ft3">och</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td99"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">,</SPAN></P></TD>
<TD colspan=2 class="tr4 td176"><P class="p44 ft2">om ändring</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">av direktiv 2002/87/EG och om</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td63"><P class="p18 ft2">av direktiv 2002/87/EG och om</P></TD>
<TD colspan=2 class="tr5 td49"><P class="p77 ft2">upphävande</P></TD>
<TD class="tr5 td140"><P class="p1 ft2">av</P></TD>
<TD colspan=2 class="tr5 td27"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td144"><P class="p18 ft2">upphävande</P></TD>
<TD class="tr4 td125"><P class="p160 ft2">av</P></TD>
<TD colspan=2 class="tr4 td176"><P class="p44 ft3">direktiv</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">2006/48/EG och 2006/49/EG<SPAN class="ft3">, i</SPAN></P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td63"><P class="p18 ft2">2006/48/EG och 2006/49/EG.</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft21">lydelsen enligt Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p77 ft3">och</P></TD>
<TD class="tr5 td102"><P class="p43 ft3">rådets</P></TD>
<TD colspan=2 class="tr5 td80"><P class="p77 ft3">direktiv</P></TD>
<TD class="tr5 td135"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td49"><P class="p77 ft3">2019/2034<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p480 ft2">Första stycket gäller inte heller om företaget är en sådan central motpart som avses i Europaparlamentets och rådets förordning (EU) nr 648/2012 av</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 246px;margin-top: 42px;font: 7px 'Times New Roman';">
<TR>
<TD rowspan=2 class="tr7 td127"><P class="p16 ft2">594</P></TD>
<TD class="tr4 td120"><P class="p29 ft39">1</P></TD>
<TD class="tr4 td152"><P class="p79 ft27">Lagen omtryckt 1992:558.</P></TD>
</TR>
<TR>
<TD class="tr9 td120"><P class="p29 ft39">2</P></TD>
<TD class="tr9 td152"><P class="p79 ft27">Senaste lydelse 2014:974.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_595" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="position:absolute;top:45px;left:0px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173595x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV class="dclr"></DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p238 ft2">den 4 juli 2012 om <NOBR>OTC-derivat,</NOBR> centrala motparter och transaktions- register.</P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">595</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_596" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 25px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag</P>
<P style="text-align: justify;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs att 5 kap. 7 § och 6 kap. 3 § lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t83">
<TR>
<TD colspan=3 class="tr2 td202"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr2 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td155"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr2 td202"><P class="p1 ft3">Föreslagen lydelse</P></TD>
<TD class="tr2 td222"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr18 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td171"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr18 td71"><P class="p244 ft22">5 kap.</P></TD>
<TD class="tr18 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td222"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td35"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td71"><P style="text-align: right;padding-right: 22px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft2">7 §<SPAN class="ft20">1</SPAN></P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td222"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2">Vid tillämpningen av denna lag</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">Vid tillämpningen av denna lag</P></TD>
</TR>
<TR>
<TD class="tr14 td123"><P class="p18 ft66">ska</P></TD>
<TD colspan=2 class="tr14 td174"><P class="p37 ft66">artikel 434.2 i</P></TD>
<TD colspan=2 class="tr14 td175"><P class="p108 ft66">Europaparla-</P></TD>
<TD class="tr14 td113"><P class="p18 ft66">ska</P></TD>
<TD class="tr14 td32"><P class="p79 ft66">artikel 434.2</P></TD>
<TD class="tr14 td11"><P class="p81 ft66">i</P></TD>
<TD class="tr14 td222"><P class="p16 ft66">Europaparla-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td173"><P class="p18 ft2">nr 575/2013 av</P></TD>
<TD class="tr4 td126"><P class="p37 ft2">den</P></TD>
<TD class="tr4 td171"><P class="p18 ft2">26 juni</P></TD>
<TD class="tr4 td155"><P class="p108 ft2">2013</P></TD>
<TD colspan=3 class="tr4 td202"><P class="p18 ft2">nr 575/2013 av den</P></TD>
<TD class="tr4 td222"><P class="p16 ft2">26 juni 2013</P></TD>
</TR>
<TR>
<TD class="tr14 td123"><P class="p18 ft66">om</P></TD>
<TD class="tr14 td35"><P class="p18 ft66">tillsynskrav</P></TD>
<TD class="tr14 td126"><P class="p73 ft66">för</P></TD>
<TD colspan=2 class="tr14 td175"><P class="p108 ft66">kreditinstitut</P></TD>
<TD class="tr14 td113"><P class="p18 ft66">om</P></TD>
<TD class="tr14 td32"><P class="p18 ft66">tillsynskrav</P></TD>
<TD class="tr14 td11"><P class="p18 ft66">för</P></TD>
<TD class="tr14 td222"><P class="p16 ft66">kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft3">och</P></TD>
<TD colspan=4 class="tr4 td167"><P class="p108 ft3">värdepappersföretag <SPAN class="ft2">och om</SPAN></P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td173"><P class="p18 ft2">ändring av</P></TD>
<TD colspan=2 class="tr4 td32"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td155"><P class="p108 ft2">(EU)</P></TD>
<TD colspan=3 class="tr4 td202"><P class="p18 ft2">nr 648/2012 beaktas.</P></TD>
<TD class="tr4 td222"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td202"><P class="p18 ft2">nr 648/2012 beaktas.</P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td222"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV style="border:none;margin: 13px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD class="tr2 td99"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td227"><P style="text-align: center;padding-left: 47px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft22">6 kap.</P></TD>
<TD class="tr2 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 style="padding: 0px;margin: 0px;width: 223px;vertical-align: bottom;" class="tr4"><P class="p30 ft2">3 §<SPAN class="ft20">2</SPAN></P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p108 ft2">I kapitaltäckningsanalysen ska</P></TD>
<TD class="tr4 td127"><P class="p48 ft2">I</P></TD>
<TD colspan=5 class="tr4 td70"><P class="p16 ft2">kapitaltäckningsanalysen ska</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td109"><P class="p108 ft66">uppgifter lämnas om kapitalbasen</P></TD>
<TD colspan=6 class="tr14 td110"><P class="p18 ft66">uppgifter lämnas om kapitalbasen</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p108 ft31">och kapitalbaskraven i enlighet med</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">och kapitalbaskraven i enlighet med</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p108 ft2"><SPAN class="ft3">vad </SPAN>som följer av förordning (EU)</P></TD>
<TD colspan=4 class="tr4 td187"><P class="p18 ft2"><SPAN class="ft3">det </SPAN>som följer av</P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td109"><P class="p18 ft66">nr 575/2013.</P></TD>
<TD colspan=5 class="tr14 td163"><P class="p48 ft75">1. Europaparlamentets</P></TD>
<TD class="tr14 td135"><P class="p16 ft75">och</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td146"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td155"><P class="p18 ft3">rådets</P></TD>
<TD colspan=3 class="tr4 td199"><P class="p307 ft2">förordning</P></TD>
<TD class="tr4 td135"><P class="p16 ft2">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td146"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td187"><P class="p18 ft2">nr 575/2013<SPAN class="ft3">, eller</SPAN></P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr14 td99"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td146"><P class="p18 ft69"> </P></TD>
<TD colspan=6 class="tr14 td110"><P class="p48 ft67">2. Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td146"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft21">förordning (EU) 2019/2033 av den</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td146"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft21">27 november 2019 om tillsynskrav för</P></TD>
</TR>
<TR>
<TD class="tr14 td99"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td146"><P class="p18 ft69"> </P></TD>
<TD colspan=6 class="tr14 td110"><P class="p18 ft67">värdepappersföretag och om ändring</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td146"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft3">av</P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td199"><P class="p32 ft3">förordningarna</P></TD>
<TD class="tr4 td135"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td146"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td206"><P class="p18 ft3">nr 1093/2010,</P></TD>
<TD class="tr4 td47"><P class="p424 ft21">(EU)</P></TD>
<TD colspan=2 class="tr4 td72"><P class="p16 ft21">nr 575/2013,</P></TD>
</TR>
<TR>
<TD class="tr14 td99"><P class="p18 ft69"> </P></TD>
<TD class="tr14 td146"><P class="p18 ft69"> </P></TD>
<TD colspan=2 class="tr14 td155"><P class="p18 ft75">(EU)</P></TD>
<TD colspan=2 class="tr14 td129"><P class="p18 ft75">nr 600/2014</P></TD>
<TD class="tr14 td37"><P class="p256 ft67">och</P></TD>
<TD class="tr14 td135"><P class="p16 ft75">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td99"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td146"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td206"><P class="p18 ft3">nr 806/2014<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p108 ft2">Moderföretag som enligt <SPAN class="ft3">samma</SPAN></P></TD>
<TD colspan=3 class="tr4 td206"><P class="p48 ft2">Moderföretag</P></TD>
<TD class="tr4 td47"><P class="p43 ft2">som</P></TD>
<TD class="tr4 td37"><P class="p208 ft2">enligt</P></TD>
<TD class="tr4 td135"><P class="p16 ft21">någon</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td109"><P class="p108 ft66"><SPAN class="ft75">förordning </SPAN>ska uppfylla kraven i</P></TD>
<TD colspan=6 class="tr14 td110"><P class="p18 ft67">av förordningarna <SPAN class="ft70">ska uppfylla kra-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p108 ft2">förordningen på grundval av en</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">ven i förordningen på grundval av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p108 ft31">grupps konsoliderade situation, ska</P></TD>
<TD class="tr4 td127"><P class="p18 ft2">en</P></TD>
<TD colspan=5 class="tr4 td70"><P class="p16 ft2">grupps konsoliderade situation,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr14 td109"><P class="p108 ft66">lämna de uppgifter som anges i</P></TD>
<TD colspan=6 class="tr14 td110"><P class="p18 ft66">ska lämna de uppgifter som anges i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">första stycket beträffande gruppen.</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">första stycket beträffande gruppen.</P></TD>
</TR>
<TR>
<TD class="tr14 td264"><P class="p18 ft69"> </P></TD>
<TD class="tr4 td146"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 138px;margin-top: 17px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 244px;margin-top: 62px;font: 7px 'Times New Roman';">
<TR>
<TD rowspan=2 class="tr7 td127"><P class="p16 ft2">596</P></TD>
<TD class="tr4 td120"><P class="p29 ft39">1</P></TD>
<TD class="tr4 td78"><P class="p79 ft27">Senaste lydelse 2014:975.</P></TD>
</TR>
<TR>
<TD class="tr9 td120"><P class="p29 ft39">2</P></TD>
<TD class="tr9 td78"><P class="p79 ft27">Senaste lydelse 2014:975.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_597" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 61px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i inkomstskattelagen (1999:1229)</P>
<P style="text-align: left;padding-top: 2px;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs att 24 kap. 9 § inkomstskattelagen (1999:1229)<SPAN class="ft20">1 </SPAN>ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 14px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 186px;padding-right: 339px;margin-top: 18px;margin-bottom: 0px;text-indent: -10px;" class="ft22"><SPAN class="ft35">24</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">9 §</SPAN><SPAN class="ft20">2</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft2">Ett företag som omfattas av</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">Ett företag som omfattas av</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD colspan=2 class="tr4 td194"><P class="p107 ft2">och rådets</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft21">någon av följande <NOBR>EU-förordningar</NOBR></P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft2">förordning (EU)</P></TD>
<TD class="tr5 td141"><P class="p18 ft2">nr</P></TD>
<TD class="tr5 td91"><P class="p107 ft2">575/2013</P></TD>
<TD colspan=3 class="tr5 td85"><P class="p16 ft3">får inte dra av ränteutgifter på</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft2">av den 26 juni 2013 om tillsynskrav</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft3">efterställda skulder som får ingå i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft31">för kreditinstitut <SPAN class="ft21">och värdepappers-</SPAN></P></TD>
<TD class="tr4 td129"><P class="p18 ft3">kapitalbasen</P></TD>
<TD class="tr4 td190"><P class="p1 ft3">vid</P></TD>
<TD class="tr4 td22"><P class="p16 ft3">tillämpning av</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p108 ft2"><SPAN class="ft3">företag </SPAN>och om ändring av förord-</P></TD>
<TD colspan=3 class="tr5 td85"><P class="p16 ft21">respektive förordning. Detta gäller</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p107 ft2">ning (EU) nr 648/2012, <SPAN class="ft3">får inte dra</SPAN></P></TD>
<TD colspan=3 class="tr4 td85"><P class="p18 ft3">företag som omfattas av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td79"><P class="p18 ft3">av ränteutgifter på</P></TD>
<TD class="tr4 td91"><P class="p107 ft21">efterställda</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2"><SPAN class="ft3">1. </SPAN>Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p107 ft21">skulder som får ingå i kapitalbasen</P></TD>
<TD class="tr5 td129"><P class="p18 ft2">förordning</P></TD>
<TD class="tr5 td190"><P class="p18 ft2">(EU)</P></TD>
<TD class="tr5 td22"><P class="p16 ft2">nr 575/2013</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p108 ft3">vid tillämpning av den förord-</P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">av den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr4 td78"><P class="p18 ft3">ningen<SPAN class="ft2">.</SPAN></P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td91"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td85"><P class="p16 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr5 td78"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td91"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td85"><P class="p18 ft2">förordning (EU) nr 648/2012, <SPAN class="ft3">eller</SPAN></P></TD>
</TR>
</TABLE>
<P class="p228 ft21"><SPAN class="ft3">2.</SPAN><SPAN class="ft54">Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013,</SPAN></P>
<P class="p419 ft3">(EU) nr 600/2014 och (EU) nr 806/2014<SPAN class="ft2">.</SPAN></P>
<P class="p89 ft2">Ett svenskt försäkringsföretag som omfattas av 7 kap. försäkrings- rörelselagen (2010:2043) eller av lagen (2019:742) om tjänstepensions- företag får inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av dessa lagar.</P>
<P class="p89 ft2">Ett utländskt försäkringsföretag som hör hemma i en stat inom Europeiska ekonomiska samarbetsområdet och som omfattas av Europa- parlamentets och rådets direktiv 2009/138/EG av den 25 november 2009 om upptagande och utövande av försäkrings- och återförsäkrings- verksamhet (Solvens II), får inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av nationell lagstiftning som genomför det direktivet.</P>
<P class="p420 ft2">Ett utländskt tjänstepensionsinstitut får inte dra av ränteutgifter på efterställda skulder som får ingå i kapitalbasen vid tillämpning av nationell lagstiftning som genomför Europaparlamentets och rådets direktiv (EU) 2016/2341 av den 14 december 2016 om verksamhet i och tillsyn över tjänstepensionsinstitut. Vad som avses med ett utländskt tjänstepensions- institut framgår av 39 kap. 13 a §.</P>
<P class="p421 ft72"><SPAN class="ft25">1</SPAN><SPAN class="ft71">Lagen omtryckt 2008:803.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t60">
<TR>
<TD class="tr2 td157"><P class="p18 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2019:787.</P></TD>
<TD class="tr2 td50"><P class="p16 ft2">597</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_598" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:15px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173598x1.jpg/" style="width:123px;height:1px;">
</DIV>
<P class="p558 ft2">Prop. 2020/21:173</P>
<P style="text-align: left;padding-left: 13px;margin-top: 1px;margin-bottom: 0px;" class="ft2">Bilaga 9</P>
<P class="p505 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">Denna lag träder i kraft den 26 juni 2021.</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">Lagen tillämpas första gången på ränteutgifter som belöper sig på tiden efter den 25 juni 2021.</SPAN></P>
<P class="p422 ft2">598</P>
</DIV>
<DIV id="page_599" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="position:absolute;top:604px;left:0px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173599x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 49px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2000:192) om allmänna pensionsfonder <NOBR>(AP-fonder)</NOBR></P>
<P class="p814 ft2">Härigenom föreskrivs att 4 kap. 11 § lagen (2000:192) om allmänna pensionsfonder <NOBR>(AP-fonder)</NOBR> ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-left: 183px;padding-right: 342px;margin-top: 18px;margin-bottom: 0px;text-indent: -4px;" class="ft22"><SPAN class="ft22">4</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">11 §</SPAN><SPAN class="ft20">1</SPAN></P>
<P class="p92 ft2">Av var och en av <NOBR>Första–Fjärde</NOBR> <NOBR>AP-fondernas</NOBR> tillgångar, värderade till marknadsvärdet, får högst tio procent utgöras av fondpapper eller andra finansiella instrument utfärdade av en emittent eller av en grupp av emittenter med inbördes anknytning. Denna begränsning gäller inte</P>
<P class="p90 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">svenska staten, en svensk kommun eller därmed jämförlig sam- fällighet, och</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=4 class="tr4 td50"><P class="p108 ft2">2. utländska stater, centralbanker,</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">2. utländska stater, centralbanker,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td195"><P class="p18 ft2">utländska kommuner</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p107 ft2">eller därmed</P></TD>
<TD colspan=2 class="tr4 td195"><P class="p18 ft2">utländska kommuner</P></TD>
<TD class="tr4 td126"><P class="p44 ft2">eller</P></TD>
<TD colspan=2 class="tr4 td125"><P class="p16 ft2">därmed</P></TD>
</TR>
<TR>
<TD class="tr5 td101"><P class="p18 ft2">jämförliga</P></TD>
<TD colspan=2 class="tr5 td194"><P class="p43 ft2">samfälligheter,</P></TD>
<TD class="tr5 td156"><P class="p107 ft2">och</P></TD>
<TD class="tr5 td55"><P class="p18 ft2">jämförliga</P></TD>
<TD colspan=3 class="tr5 td57"><P class="p424 ft2">samfälligheter,</P></TD>
<TD class="tr5 td143"><P class="p16 ft31">och</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p108 ft2">andra emittenter, som får noll pro-</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">andra emittenter, som får noll pro-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p107 ft2">cent riskvikt med stöd av schablon-</P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">cent riskvikt med stöd av schablon-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p108 ft2">metoden som enligt artikel 107 i</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft2">metoden som enligt artikel 107 i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td195"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td75"><P class="p80 ft2">och</P></TD>
<TD class="tr4 td156"><P class="p107 ft31">rådets</P></TD>
<TD colspan=2 class="tr4 td195"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td126"><P class="p186 ft2">och</P></TD>
<TD colspan=2 class="tr4 td125"><P class="p16 ft2">rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td101"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr4 td220"><P class="p107 ft2">(EU) nr 575/2013 av</P></TD>
<TD class="tr4 td55"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr4 td57"><P class="p1 ft2">(EU) nr 575/2013</P></TD>
<TD class="tr4 td143"><P class="p16 ft2">av</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p107 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p107 ft31">för kreditinstitut <SPAN class="ft21">och värdepappers-</SPAN></P></TD>
<TD colspan=5 class="tr4 td85"><P class="p16 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p108 ft2"><SPAN class="ft3">företag </SPAN>och om ändring av förord-</P></TD>
<TD class="tr4 td55"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr4 td57"><P class="p256 ft2">(EU) nr 648/2012</P></TD>
<TD class="tr4 td143"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td50"><P class="p107 ft2">ning (EU) nr 648/2012 ska tilläm-</P></TD>
<TD colspan=5 class="tr5 td85"><P class="p16 ft2">tillämpas för att beräkna kapital-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td50"><P class="p107 ft2">pas för att beräkna kapitalkravet för</P></TD>
<TD colspan=3 class="tr4 td245"><P class="p18 ft2">kravet för kreditrisker.</P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td101"><P class="p18 ft2">kreditrisker.</P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td143"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p89 ft2">Med grupp av emittenter med inbördes anknytning avses två eller flera fysiska eller juridiska personer som utgör en helhet från risksynpunkt därför att</P>
<P class="p91 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">någon av dem har direkt eller indirekt ägarinflytande över en eller flera av de övriga i gruppen, eller</SPAN></P>
<P class="p89 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">de utan att stå i sådant förhållande som avses i 1 har sådan inbördes anknytning att någon eller samtliga av de övriga kan befaras råka i betal- ningssvårigheter om en av dem drabbas av finansiella problem.</SPAN></P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 class="t61">
<TR>
<TD class="tr2 td157"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2014:979.</P></TD>
<TD class="tr2 td50"><P class="p16 ft2">599</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_600" style="position:relative; overflow: hidden;margin: 52px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:163px;left:330px;width:190px;height:195px;"><SPAN class="ft31">Ett fondbolags egna medel får, trots </SPAN><SPAN class="ft21">det </SPAN><SPAN class="ft31">som anges i 8 och 9 §§, inte understiga </SPAN><SPAN class="ft21">det </SPAN><SPAN class="ft31">belopp som </SPAN><SPAN class="ft21">framgår av artikel 13 i Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värde- pappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014</SPAN><SPAN class="ft31">. </SPAN><SPAN class="ft21">Vid tillämpningen av den artikeln ska det som anges där om värde- pappersföretag gälla för fondbolag.</SPAN></DIV>
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 85px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2004:46) om värdepappersfonder</P>
<P style="text-align: left;padding-top: 2px;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>att 2 kap. 10 och 11 §§ lagen (2004:46) om värde- pappersfonder<SPAN class="ft20">2 </SPAN>ska ha följande lydelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 15px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 304px;margin-left: 127px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr4 td109"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p454 ft22">2 kap.</P>
<P style="text-align: left;padding-left: 309px;margin-top: 0px;margin-bottom: 0px;" class="ft2">10 §<SPAN class="ft20">3</SPAN></P>
<P style="text-align: justify;padding-left: 127px;padding-right: 267px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft31">Ett fondbolags egna medel får, trots <SPAN class="ft21">vad </SPAN>som anges i 8 och 9 §§, inte understiga <SPAN class="ft21">ett </SPAN>belopp som <SPAN class="ft21">mot- svarar 25 procent av bolagets fasta omkostnader för det föregående året eller, om bolagets verksamhet pågått i mindre än ett år, 25 pro- cent av de fasta omkostnader som angetts i bolagets verksamhetsplan</SPAN>.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 520px;margin-top: 76px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr2 td188"><P class="p108 ft3">Om omfattningen av fondbolagets</P></TD>
<TD class="tr2 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft3">verksamhet ändrats väsentligt sedan</P></TD>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td188"><P class="p279 ft3">det föregående året eller om</P></TD>
<TD class="tr5 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft3">Finansinspektionen finner att verk-</P></TD>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft3">samhetsplanen behöver korrigeras,</P></TD>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td188"><P class="p279 ft3">får inspektionen besluta om änd-</P></TD>
<TD class="tr5 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft3">ring av kapitalkravet enligt första</P></TD>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p279 ft3">stycket.</P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr15 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td227"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td71"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr15 td26"><P class="p428 ft2">11 §<SPAN class="ft20">4</SPAN></P></TD>
<TD class="tr15 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr15 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td239"><P class="p380 ft2">Bestämmelser</P></TD>
<TD class="tr4 td71"><P class="p44 ft2">om tillsyn</P></TD>
<TD class="tr4 td88"><P class="p108 ft2">på</P></TD>
<TD class="tr4 td145"><P class="p48 ft2">Bestämmelser</P></TD>
<TD class="tr4 td128"><P class="p43 ft2">om</P></TD>
<TD class="tr4 td98"><P class="p73 ft2">tillsyn</P></TD>
<TD class="tr4 td127"><P class="p16 ft2">på</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2">gruppnivå finns i artiklarna <NOBR>11–24</NOBR> i</P></TD>
<TD class="tr4 td145"><P class="p18 ft2">gruppnivå finns i</P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td188"><P class="p279 ft2">Europaparlamentets och rådets för-</P></TD>
<TD colspan=2 class="tr5 td99"><P class="p48 ft2"><SPAN class="ft3">– </SPAN>artiklarna <NOBR>11–24</NOBR> i</P></TD>
<TD colspan=2 class="tr5 td101"><P class="p16 ft31">Europaparla-</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p279 ft2">ordning</P></TD>
<TD class="tr4 td88"><P class="p44 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td194"><P class="p18 ft2">nr 575/2013 av</P></TD>
<TD class="tr4 td88"><P class="p108 ft31">den</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2">26 juni 2013 om tillsynskrav för</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">nr 575/2013 av den 26 juni 2013 om</P></TD>
</TR>
<TR>
<TD class="tr5 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td142"><P class="p279 ft2">kreditinstitut</P></TD>
<TD class="tr5 td11"><P class="p1 ft3">och</P></TD>
<TD colspan=2 class="tr5 td232"><P class="p108 ft3">värdepappers-</P></TD>
<TD class="tr5 td145"><P class="p18 ft2">tillsynskrav för</P></TD>
<TD colspan=2 class="tr5 td148"><P class="p18 ft2">kreditinstitut</P></TD>
<TD class="tr5 td127"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td188"><P class="p279 ft2"><SPAN class="ft3">företag </SPAN>och om ändring av förord-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p279 ft2">ning</P></TD>
<TD class="tr4 td88"><P class="p44 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td194"><P class="p44 ft2">nr 648/2012,</P></TD>
<TD class="tr4 td88"><P class="p108 ft3">i</P></TD>
<TD class="tr4 td145"><P class="p18 ft2">nr 648/2012,</P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr36 td176"><P class="p18 ft5"> </P></TD>
<TD colspan=8 class="tr36 td289"><P class="p279 ft29"><SPAN class="ft28">1 </SPAN>Jfr Europaparlamentets och rådets direktiv 2009/65/EG av den 13 juli 2009 om</P></TD>
<TD class="tr36 td127"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr8 td176"><P class="p18 ft9"> </P></TD>
<TD colspan=9 class="tr8 td243"><P class="p279 ft27">samordning av lagar och andra författningar som avser företag för kollektiva investeringar i</P></TD>
</TR>
<TR>
<TD class="tr9 td176"><P class="p18 ft11"> </P></TD>
<TD colspan=8 class="tr9 td289"><P class="p279 ft27">överlåtbara värdepapper (fondföretag), i lydelsen enligt Europaparlamentets och rådets</P></TD>
<TD class="tr9 td127"><P class="p18 ft11"> </P></TD>
</TR>
<TR>
<TD class="tr8 td176"><P class="p18 ft9"> </P></TD>
<TD colspan=4 class="tr8 td290"><P class="p279 ft43">direktiv (EU) 2019/2034.</P></TD>
<TD class="tr8 td88"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td145"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td128"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td98"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td127"><P class="p18 ft9"> </P></TD>
</TR>
<TR>
<TD class="tr8 td176"><P class="p18 ft9"> </P></TD>
<TD colspan=5 class="tr8 td188"><P class="p279 ft43"><SPAN class="ft28">2 </SPAN>Senaste lydelse av lagens rubrik 2013:563.</P></TD>
<TD class="tr8 td145"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td128"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td98"><P class="p18 ft9"> </P></TD>
<TD class="tr8 td127"><P class="p18 ft9"> </P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr7 td176"><P class="p278 ft2">600</P></TD>
<TD colspan=8 class="tr8 td289"><P class="p279 ft43"><SPAN class="ft28">3 </SPAN>Senaste lydelse 2017:1143. Ändringen innebär bl.a. att andra stycket tas bort.</P></TD>
<TD class="tr8 td127"><P class="p18 ft9"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td290"><P class="p279 ft29"><SPAN class="ft28">4 </SPAN>Senaste lydelse 2017:1143.</P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td145"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_601" style="position:relative; overflow: hidden;margin: 50px 0px 79px 0px;padding: 0px;border: none;width: 624px;">
<DIV style="position:absolute;top:155px;left:68px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173601x1.jpg/" style="width:123px;height:1px;">
</DIV>
<TABLE cellpadding=0 cellspacing=0 style="width: 506px;margin-left: 68px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td64"><P class="p18 ft2">lagen (2006:531) om särskild till-</P></TD>
<TD colspan=2 class="tr2 td194"><P class="p206 ft3">– artikel 7 i</P></TD>
<TD colspan=2 class="tr2 td202"><P class="p23 ft21">Europaparlamentets</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td64"><P class="p18 ft2">syn över finansiella konglomerat</P></TD>
<TD class="tr5 td89"><P class="p77 ft3">och</P></TD>
<TD class="tr5 td156"><P class="p18 ft3">rådets</P></TD>
<TD class="tr5 td27"><P class="p32 ft3">förordning</P></TD>
<TD class="tr5 td54"><P class="p23 ft3">(EU)</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 9</P></TD>
</TR>
<TR>
<TD class="tr4 td64"><P class="p18 ft2"><SPAN class="ft3">samt i </SPAN>lagen (2014:968) om särskild</P></TD>
<TD colspan=2 class="tr4 td194"><P class="p77 ft3">2019/2033,</P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td64"><P class="p18 ft2">tillsyn över kreditinstitut och värde-</P></TD>
<TD colspan=3 class="tr4 td236"><P class="p206 ft2"><SPAN class="ft3">– </SPAN>lagen (2006:531) om</P></TD>
<TD class="tr4 td54"><P class="p23 ft2">särskild</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td64"><P class="p18 ft2">pappersbolag.</P></TD>
<TD colspan=4 class="tr5 td346"><P class="p77 ft2">tillsyn över finansiella konglome-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td64"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td194"><P class="p77 ft3"><SPAN class="ft2">rat</SPAN>, och</P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-left: 272px;padding-right: 163px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft3">–</SPAN><SPAN class="ft17">lagen (2014:968) om särskild tillsyn över kreditinstitut och värde- pappersbolag</SPAN><SPAN class="ft3">.</SPAN></P>
<P style="text-align: left;padding-left: 79px;margin-top: 32px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<P class="p430 ft2">601</P>
</DIV>
<DIV id="page_602" style="position:relative; overflow: hidden;margin: 52px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 6px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2004:297) om bank- och finansieringsrörelse</P>
<P style="text-align: left;padding-top: 2px;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>att 1 kap. 5 § lagen (2004:297) om bank- och finansieringsrörelse ska ha följande lydelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 14px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 304px;margin-left: 127px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td109"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p454 ft22">1 kap.</P>
<P style="text-align: left;padding-left: 313px;margin-top: 0px;margin-bottom: 0px;" class="ft2">5 §<SPAN class="ft20">2</SPAN></P>
<P class="p479 ft2">I denna lag betyder</P>
<P class="p477 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft38">anknutet företag</SPAN>: ett svenskt eller utländskt företag vars huvudsakliga verksamhet består i att äga eller förvalta fast egendom, tillhandahålla datatjänster eller driva annan liknande verksamhet som har samband med den huvudsakliga verksamheten i ett eller flera kreditinstitut, värdepappers- bolag eller motsvarande utländska företag,</P>
<P class="p474 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft38">bank</SPAN>: bankaktiebolag, sparbank och medlemsbank,</P>
<P class="p475 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft53">bankaktiebolag</SPAN>: ett aktiebolag som har fått tillstånd att driva bank- rörelse,</P>
<P class="p476 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft53">behörig myndighet</SPAN>: en utländsk myndighet som har behörighet att utöva tillsyn över utländska kreditinstitut,</P>
<P class="p474 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft38">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p490 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft53">filial</SPAN>: ett avdelningskontor med självständig förvaltning, varvid även ett utländskt kreditinstituts etablering av flera driftställen ska anses som en enda filial,</P>
<P class="p475 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft53">finansiellt institut</SPAN>: ett finansiellt institut enligt artikel 4.1.26 i <SPAN class="ft3">tillsyns- förordningen</SPAN>,</P>
<P class="p474 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft38">hemland</SPAN>: det land där ett företag har fått tillstånd till rörelse som avses</P>
<P class="p540 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft33">denna lag,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft38">kapitalbas</SPAN>: detsamma som i artikel 72 i tillsynsförordningen,</P>
<P class="p479 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft38">kreditinstitut</SPAN>: bank och kreditmarknadsföretag,</P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD colspan=3 class="tr4 td63"><P class="p39 ft3"><SPAN class="ft2">11. </SPAN><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=5 class="tr4 td64"><P class="p45 ft3"><SPAN class="ft2">11. </SPAN><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td112"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td75"><P class="p44 ft31">rådets</P></TD>
<TD colspan=3 class="tr4 td267"><P class="p77 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td135"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td63"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=5 class="tr5 td64"><P class="p77 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">2013 om behörighet att utöva</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td63"><P class="p18 ft2">tillsyn av kreditinstitut <SPAN class="ft3">och värde-</SPAN></P></TD>
<TD colspan=5 class="tr5 td64"><P class="p77 ft2">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p18 ft2"><SPAN class="ft3">pappersföretag</SPAN>, om ändring av</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">av direktiv 2002/87/EG och om</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p18 ft2">direktiv 2002/87/EG och om upp-</P></TD>
<TD colspan=2 class="tr4 td144"><P class="p77 ft2">upphävande</P></TD>
<TD class="tr4 td98"><P class="p206 ft2">av</P></TD>
<TD colspan=2 class="tr4 td101"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD class="tr5 td112"><P class="p18 ft2">hävande av <SPAN class="ft3">direktiv</SPAN></P></TD>
<TD colspan=2 class="tr5 td235"><P class="p44 ft2">2006/48/EG</P></TD>
<TD colspan=2 class="tr5 td144"><P class="p77 ft2">2006/48/EG</P></TD>
<TD colspan=3 class="tr5 td199"><P class="p16 ft2">och 2006/49/EG, i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td63"><P class="p18 ft2">och 2006/49/EG, i lydelsen enligt</P></TD>
<TD colspan=5 class="tr4 td64"><P class="p77 ft2">lydelsen enligt Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr4 td112"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td47"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td75"><P class="p44 ft31">rådets</P></TD>
<TD class="tr4 td149"><P class="p77 ft2">och</P></TD>
<TD class="tr4 td88"><P class="p18 ft2">rådets</P></TD>
<TD colspan=2 class="tr4 td38"><P class="p431 ft2">direktiv</P></TD>
<TD class="tr4 td135"><P class="p16 ft2">(EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td258"><P class="p18 ft2">direktiv (EU) <SPAN class="ft3">2019/878</SPAN>,</P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td144"><P class="p77 ft3">2019/2034<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 style="width: 520px;margin-top: 52px;font: 10px 'Times New Roman';">
<TR>
<TD class="tr4 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td243"><P class="p279 ft27"><SPAN class="ft48">1 </SPAN>Jfr Europaparlamentets och rådets direktiv 2013/36/EU av den 26 juni 2013 om behörighet att</P></TD>
</TR>
<TR>
<TD class="tr8 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr8 td243"><P class="p279 ft27">utöva verksamhet i kreditinstitut och om tillsyn av kreditinstitut, om ändring av direktiv</P></TD>
</TR>
<TR>
<TD class="tr8 td176"><P class="p18 ft5"> </P></TD>
<TD class="tr8 td243"><P class="p279 ft27">2002/87/EG och om upphävande av direktiven 2006/48/EG och 2006/49/EG, i lydelsen enligt</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr7 td176"><P class="p278 ft2">602</P></TD>
<TD class="tr8 td243"><P class="p279 ft43">Europaparlamentets och rådets direktiv (EU) 2019/2034.</P></TD>
</TR>
<TR>
<TD class="tr5 td243"><P class="p279 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2020:1215.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_603" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p109 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft38">kreditmarknadsbolag</SPAN>: ett aktiebolag som har fått tillstånd att driva finansieringsrörelse,</P>
<P class="p109 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft38">kreditmarknadsförening</SPAN>: en ekonomisk förening som har fått till- stånd att driva finansieringsrörelse,</P>
<P class="p116 ft2"><SPAN class="ft2">14.</SPAN><SPAN class="ft38">kreditmarknadsföretag</SPAN>: kreditmarknadsbolag och kreditmarknads- förening,</P>
<P class="p105 ft2"><SPAN class="ft2">15.</SPAN><SPAN class="ft38">kvalificerat innehav</SPAN>: ett direkt eller indirekt ägande i ett företag, om innehavet beräknat på det sätt som anges i 5 a § representerar 10 procent eller mer av kapitalet eller av samtliga röster eller annars möjliggör ett väsentligt inflytande över ledningen av företaget,</P>
<P class="p116 ft2"><SPAN class="ft2">16.</SPAN><SPAN class="ft38">medlemsbank</SPAN>: en ekonomisk förening som har fått tillstånd att driva bankrörelse,</P>
<P class="p87 ft2"><SPAN class="ft2">17.</SPAN><SPAN class="ft53">sparbank</SPAN>: ett företag som avses i sparbankslagen (1987:619),</P>
<P class="p109 ft2"><SPAN class="ft2">18.</SPAN><SPAN class="ft38">startkapital</SPAN>: det kapital som för kreditinstitut avses i artikel 4.51 i tillsynsförordningen,</P>
<P class="p116 ft2"><SPAN class="ft2">19.</SPAN><SPAN class="ft38">utländskt bankföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva bankrörelse,</P>
<P class="p109 ft2"><SPAN class="ft2">20.</SPAN><SPAN class="ft38">utländskt kreditföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva finansieringsrörelse,</P>
<P class="p116 ft2"><SPAN class="ft2">21.</SPAN><SPAN class="ft38">utländskt kreditinstitut</SPAN>: ett utländskt bankföretag och ett utländskt kreditföretag,</P>
<P class="p116 ft2"><SPAN class="ft2">22.</SPAN><SPAN class="ft38">betydande filial</SPAN>: en filial som är betydande enligt artikel 51.1 i kapitaltäckningsdirektivet,</P>
<P class="p109 ft2"><SPAN class="ft2">23.</SPAN><SPAN class="ft38">blandat finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.21 i tillsynsförordningen,</P>
<P class="p105 ft3"><SPAN class="ft2">24.</SPAN><SPAN class="ft38">blandat finansiellt moderholdingföretag inom EES</SPAN><SPAN class="ft2">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotter- företag till ett</SPAN></P>
<P class="p87 ft2">a) kreditinstitut, värdepappersbolag eller <NOBR>EES-institut,</NOBR> eller</P>
<P class="p109 ft2">b) annat blandat finansiellt holdingföretag eller ett finansiellt holding- företag som är etablerat i något land inom EES,</P>
<P class="p105 ft2"><SPAN class="ft2">25.</SPAN><NOBR><SPAN class="ft38">EES-institut</SPAN>:</NOBR> ett utländskt kreditinstitut eller ett utländskt värde- pappersföretag som är hemmahörande i något annat land inom EES än Sverige,</P>
<P class="p240 ft2"><SPAN class="ft2">26.</SPAN><SPAN class="ft38">finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.20 i tillsynsförordningen,</P>
<P class="p116 ft3"><SPAN class="ft2">27.</SPAN><SPAN class="ft38">finansiellt moderholdingföretag inom EES</SPAN><SPAN class="ft2">: ett inom EES etablerat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p65 ft2">a) kreditinstitut, värdepappersbolag eller <NOBR>EES-institut,</NOBR> eller</P>
<P class="p116 ft2">b) annat finansiellt holdingföretag eller ett blandat finansiellt holding- företag som är etablerat i något land inom EES,</P>
<P class="p109 ft3"><SPAN class="ft2">28.</SPAN><SPAN class="ft38">holdingföretag med blandad verksamhet</SPAN><SPAN class="ft2">: holdingföretag enligt artikel 4.1.22 i tillsynsförordningen,</SPAN></P>
<P class="p87 ft3"><SPAN class="ft2">29.</SPAN><SPAN class="ft53">koncern</SPAN><SPAN class="ft2">:</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">i 6 a, 6 b och 15 b kap., detsamma som i 2 kap. 1 § lagen (2015:1016) om resolution,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">i övriga kapitel, detsamma som i 1 kap. 11 och 12 §§ aktiebolagslagen (2005:551), varvid det som sägs om moderbolag tillämpas även på andra juridiska personer än aktiebolag,</SPAN></P>
<P class="p215 ft31">30. <SPAN class="ft21">koncernåterhämtningsplan</SPAN>: en plan som upprättas av ett moderföretag inom EES i syfte att identifiera åtgärder som de företag i en koncern som</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">603</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_604" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:598px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173604x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">604</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p1065 ft2">omfattas av gruppbaserad tillsyn avser att vidta för att bevara eller återställa koncernens eller ett i koncernen ingående kreditinstituts eller utländskt kreditinstituts finansiella ställning och livskraft efter en betydande för- sämring av den finansiella situationen,</P>
<P class="p121 ft2"><SPAN class="ft2">31.</SPAN><SPAN class="ft53">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direk- tiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i den ursprungliga lydelsen,</P>
<P class="p696 ft2"><SPAN class="ft2">32.</SPAN><SPAN class="ft38">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moderholdingföretag inom EES eller ett blandat finansiellt moderholding- företag inom EES,</P>
<P class="p121 ft2"><SPAN class="ft2">33.</SPAN><SPAN class="ft38">moderinstitut inom EES</SPAN>: ett kreditinstitut, värdepappersbolag eller <NOBR>EES-institut</NOBR> som är ett moderföretag och som inte självt är ett dotter- företag till ett</P>
<P class="p87 ft2">a) annat kreditinstitut, värdepappersbolag eller <NOBR>EES-institut,</NOBR> eller</P>
<P class="p123 ft2">b) finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</P>
<P class="p121 ft2"><SPAN class="ft2">34.</SPAN><SPAN class="ft38">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som an- svarar för att utöva gruppbaserad tillsyn av moderinstitut inom EES och av institut som kontrolleras av finansiella moderholdingföretag inom EES eller blandade finansiella moderholdingföretag inom EES,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 class="tr5 td50"><P class="p39 ft3"><SPAN class="ft2">35. </SPAN><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr5 td85"><P class="p48 ft3"><SPAN class="ft2">35. </SPAN><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td105"><P class="p18 ft31">Europaparlamentets</P></TD>
<TD class="tr4 td227"><P class="p30 ft2">och rådets</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2">förordning (EU) nr 575/2013 av den</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">förordning (EU) nr 575/2013 av</P></TD>
</TR>
<TR>
<TD class="tr5 td158"><P class="p18 ft2">26 juni 2013</P></TD>
<TD class="tr5 td123"><P class="p18 ft2">om</P></TD>
<TD class="tr5 td227"><P class="p30 ft2">tillsynskrav för</P></TD>
<TD class="tr5 td85"><P class="p18 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
</TR>
<TR>
<TD class="tr4 td158"><P class="p18 ft2">kreditinstitut</P></TD>
<TD class="tr4 td123"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td227"><P class="p30 ft3">värdepappers-</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">för kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td50"><P class="p18 ft2"><SPAN class="ft3">företag </SPAN>och om ändring av förord-</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">förordning (EU) nr 648/2012,</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td50"><P class="p18 ft2">ning (EU) nr 648/2012,</P></TD>
<TD class="tr5 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-right: 77px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">36.</SPAN><SPAN class="ft38">utländskt värdepappersföretag</SPAN>: ett utländskt företag som i hem- landet har tillstånd att driva värdepappersrörelse, och</P>
<P style="text-align: justify;padding-right: 77px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft3">37.</SPAN><SPAN class="ft38">återhämtningsplan</SPAN>: en plan som upprättas av ett kreditinstitut i syfte att identifiera åtgärder som institutet avser att vidta för att bevara eller återställa sin finansiella ställning och livskraft efter en betydande försämring av den finansiella situationen.</P>
<P style="text-align: left;padding-left: 11px;margin-top: 33px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_605" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 49px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2006:531) om särskild tillsyn över finansiella konglomerat</P>
<P style="text-align: left;padding-top: 2px;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>att 1 kap. 3 § och 5 kap. 8 § lagen (2006:531) om särskild tillsyn över finansiella konglomerat ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 14px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 306px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td86"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 186px;padding-right: 342px;margin-top: 15px;margin-bottom: 0px;text-indent: -7px;" class="ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">3 §</SPAN><SPAN class="ft20">2</SPAN></P>
<P class="p87 ft2">I denna lag betyder</P>
<P class="p92 ft2"><SPAN class="ft2">1.</SPAN><NOBR><SPAN class="ft38">AIF-förvaltare</SPAN>:</NOBR> en svensk förvaltare av alternativa investeringsfonder enligt 1 kap. 3 § lagen (2013:561) om förvaltare av alternativa investe- ringsfonder,</P>
<P class="p89 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft38">anknutet företag</SPAN>: ett svenskt eller utländskt företag vars huvudsakliga verksamhet är att äga eller förvalta fast egendom, tillhandahålla data- tjänster eller driva annan liknande verksamhet som har samband med den huvudsakliga verksamheten i ett eller flera kreditinstitut, värdepappers- bolag eller motsvarande utländska företag,</P>
<P class="p438 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft38">behörig myndighet</SPAN>: Finansinspektionen eller någon annan myndighet inom EES som utövar tillsyn, individuellt eller på gruppnivå, över ett reglerat företag med huvudkontor inom EES,</P>
<P class="p89 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft38">blandat finansiellt holdingföretag</SPAN>: ett moderföretag som inte är ett reglerat företag och som tillsammans med sina dotterföretag, varav minst ett är ett reglerat företag med huvudkontor inom EES, och andra företag utgör ett finansiellt konglomerat,</P>
<P class="p87 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft38">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p92 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft38">finansiellt institut</SPAN>: ett företag som inte är ett kreditinstitut, värde- pappersbolag, fondbolag, eller <NOBR>AIF-förvaltare</NOBR> eller motsvarande utländskt företag och vars huvudsakliga verksamhet är att</P>
<P class="p87 ft2">a) förvärva aktier eller andelar,</P>
<P class="p87 ft2">b) driva en eller flera av de verksamheter som anges i</P>
<P class="p439 ft2">7 kap. 1 § andra stycket <NOBR>2–10,</NOBR> 12 och 15 lagen (2004:297) om bank- och finansieringsrörelse utan att vara tillståndspliktigt enligt 2 kap. 1 § samma lag, eller</P>
<P class="p87 ft2">c) driva värdepappersrörelse utan att vara tillståndspliktigt enligt</P>
<P class="p440 ft2">2 kap. 1 § lagen (2007:528) om värdepappersmarknaden, 7. <SPAN class="ft3">finansiell sektor</SPAN>: ett eller flera av följande företag</P>
<P class="p89 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">kreditinstitut, värdepappersbolag, fondbolag, </SPAN><NOBR>AIF-förvaltare</NOBR> eller motsvarande utländska företag samt finansiella institut och anknutna före- tag (bank- och värdepapperssektorn),</P>
<P class="p441 ft43"><SPAN class="ft25">1</SPAN><SPAN class="ft77">Jfr Europaparlamentets och rådets direktiv 2002/87/EG av den 16 december 2002 om extra tillsyn över kreditinstitut, försäkringsföretag och värdepappersföretag i ett finansiellt konglomerat och om ändring av rådets direktiv 73/239/EEG, 79/267/EEG, 92/49/EEG, 92/96/EEG, 93/6/EEG och 93/22/EEG samt Europaparlamentets och rådets direktiv 98/78/EG och 2000/12/EG, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t67">
<TR>
<TD class="tr2 td157"><P class="p18 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2019:760.</P></TD>
<TD class="tr2 td50"><P class="p16 ft2">605</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_606" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">606</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p124 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">försäkringsföretag eller motsvarande utländska företag, försäkrings- holdingföretag, specialföretag och tjänstepensionsföretag (försäkrings- sektorn), och</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft33">blandade finansiella holdingföretag,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft53">fondbolag</SPAN>: ett svenskt aktiebolag som har fått tillstånd att driva fond- verksamhet enligt lagen (2004:46) om värdepappersfonder,</P>
<P class="p121 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft53">försäkringsföretag</SPAN>: ett försäkringsaktiebolag, ömsesidigt försäkrings- bolag eller en försäkringsförening enligt försäkringsrörelselagen (2010:2043),</P>
<P class="p121 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft38">försäkringsholdingföretag</SPAN>: ett moderföretag som inte är ett försäk- ringsföretag eller ett motsvarande utländskt företag eller ett blandat finan- siellt holdingföretag och vars huvudsakliga verksamhet är att förvärva och förvalta andelar i dotterföretag som uteslutande eller huvudsakligen är försäkringsföretag eller motsvarande utländska företag eller special- företag,</P>
<P class="p132 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft38">institut</SPAN>: kreditinstitut, värdepappersbolag, fondbolag och <NOBR>AIF-för-</NOBR></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td67"><P class="p18 ft2">valtare,</P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td53"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td201"><P class="p39 ft3"><SPAN class="ft2">12. </SPAN><SPAN class="ft24">konglomeratdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td70"><P class="p246 ft3"><SPAN class="ft2">12. </SPAN><SPAN class="ft24">konglomeratdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td201"><P class="p18 ft2">Europaparlamentets och</P></TD>
<TD colspan=2 class="tr4 td125"><P class="p186 ft31">rådets</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p73 ft2">Europaparlamentets och rådets</P></TD>
</TR>
<TR>
<TD class="tr5 td67"><P class="p18 ft2">direktiv</P></TD>
<TD colspan=2 class="tr5 td74"><P class="p18 ft2">2002/87/EG</P></TD>
<TD class="tr5 td181"><P class="p18 ft2">av</P></TD>
<TD colspan=2 class="tr5 td125"><P class="p186 ft2">den</P></TD>
<TD class="tr5 td53"><P class="p73 ft2">direktiv</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td38"><P class="p18 ft2">2002/87/EG</P></TD>
<TD class="tr5 td16"><P class="p246 ft2">av</P></TD>
<TD class="tr5 td56"><P class="p16 ft2">den</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td63"><P class="p18 ft2">16 december 2002 om extra tillsyn</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p73 ft2">16 december 2002 om extra tillsyn</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td63"><P class="p18 ft2">över kreditinstitut, försäkringsföre-</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p73 ft2">över kreditinstitut, försäkringsföre-</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr5 td63"><P class="p18 ft2">tag och värdepappersföretag i ett</P></TD>
<TD colspan=6 class="tr5 td64"><P class="p73 ft2">tag och värdepappersföretag i ett</P></TD>
</TR>
<TR>
<TD class="tr4 td67"><P class="p18 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr4 td74"><P class="p32 ft2">konglomerat</P></TD>
<TD colspan=2 class="tr4 td135"><P class="p79 ft2">och</P></TD>
<TD class="tr4 td123"><P class="p186 ft2">om</P></TD>
<TD colspan=2 class="tr4 td80"><P class="p73 ft2">finansiellt</P></TD>
<TD colspan=2 class="tr4 td38"><P class="p43 ft2">konglomerat</P></TD>
<TD class="tr4 td16"><P class="p29 ft2">och</P></TD>
<TD class="tr4 td56"><P class="p16 ft2">om</P></TD>
</TR>
<TR>
<TD class="tr4 td67"><P class="p18 ft2">ändring</P></TD>
<TD class="tr4 td12"><P class="p37 ft2">av</P></TD>
<TD class="tr4 td89"><P class="p18 ft2">rådets</P></TD>
<TD colspan=3 class="tr4 td230"><P class="p186 ft2">direktiv</P></TD>
<TD class="tr4 td53"><P class="p73 ft2">ändring</P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p442 ft2">av</P></TD>
<TD class="tr4 td89"><P class="p18 ft2">rådets</P></TD>
<TD colspan=2 class="tr4 td122"><P class="p16 ft2">direktiv</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td145"><P class="p18 ft2">73/239/EEG,</P></TD>
<TD colspan=4 class="tr5 td147"><P class="p186 ft2">79/267/EEG,</P></TD>
<TD colspan=3 class="tr5 td232"><P class="p73 ft2">73/239/EEG,</P></TD>
<TD colspan=3 class="tr5 td145"><P class="p16 ft2">79/267/EEG,</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td63"><P class="p18 ft2">92/49/EEG, 92/96/EEG, 93/6/EEG</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p73 ft2">92/49/EEG, 92/96/EEG, 93/6/EEG</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td63"><P class="p18 ft2">och 93/22/EEG samt Europaparla-</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p73 ft2">och 93/22/EEG samt Europaparla-</P></TD>
</TR>
<TR>
<TD class="tr5 td67"><P class="p18 ft2">mentets</P></TD>
<TD class="tr5 td12"><P class="p1 ft2">och</P></TD>
<TD class="tr5 td89"><P class="p79 ft2">rådets</P></TD>
<TD colspan=3 class="tr5 td230"><P class="p186 ft2">direktiv</P></TD>
<TD class="tr5 td53"><P class="p73 ft2">mentets</P></TD>
<TD class="tr5 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p79 ft2">och</P></TD>
<TD class="tr5 td89"><P class="p79 ft2">rådets</P></TD>
<TD colspan=2 class="tr5 td122"><P class="p16 ft2">direktiv</P></TD>
</TR>
<TR>
<TD class="tr4 td67"><P class="p18 ft2">98/78/EG</P></TD>
<TD class="tr4 td12"><P class="p73 ft2">och</P></TD>
<TD colspan=3 class="tr4 td129"><P class="p77 ft2">2000/12/EG,</P></TD>
<TD class="tr4 td123"><P class="p186 ft2">i</P></TD>
<TD colspan=2 class="tr4 td80"><P class="p73 ft2">98/78/EG</P></TD>
<TD class="tr4 td37"><P class="p246 ft2">och</P></TD>
<TD colspan=3 class="tr4 td145"><P class="p16 ft2">2000/12/EG, i</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td63"><P class="p18 ft2">lydelsen enligt Europaparlamentets</P></TD>
<TD colspan=6 class="tr4 td64"><P class="p73 ft2">lydelsen enligt Europaparlamentets</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td134"><P class="p18 ft31">och rådets direktiv <SPAN class="ft21">2013/36/EU</SPAN>,</P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td53"><P class="p73 ft2">och</P></TD>
<TD colspan=2 class="tr5 td18"><P class="p443 ft31">rådets</P></TD>
<TD class="tr5 td89"><P class="p79 ft2">direktiv</P></TD>
<TD class="tr5 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p16 ft3">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td67"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td59"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td232"><P class="p73 ft3">2019/2034<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td16"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p122 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft38">kreditinstitut</SPAN>: en bank eller ett kreditmarknadsföretag enligt lagen om bank- och finansieringsrörelse,</P>
<P class="p65 ft3"><SPAN class="ft2">14.</SPAN><SPAN class="ft38">reglerat företag</SPAN><SPAN class="ft2">:</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">ett institut eller ett motsvarande utländskt företag, eller</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">ett försäkringsföretag eller ett motsvarande utländskt företag, ett specialföretag eller ett tjänstepensionsföretag,</SPAN></P>
<P class="p87 ft3"><SPAN class="ft2">15. </SPAN>relevant behörig myndighet<SPAN class="ft2">:</SPAN></P>
<P class="p124 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">en behörig myndighet som ansvarar för tillsynen över en finansiell företagsgrupp, försäkringsgrupp eller en motsvarande utländsk grupp som ingår i ett finansiellt konglomerat, särskilt över det företag som är det överordnade moderföretaget i bank- och värdepapperssektorn respektive försäkringssektorn,</SPAN></P>
<P style="text-align: left;padding-right: 69px;margin-top: 2px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">någon annan behörig myndighet än som avses i a som utsetts till samordnare för ett finansiellt konglomerat, eller</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft33">någon annan behörig myndighet som de myndigheter som avses i a och b kommer överens om är relevant,</SPAN></P>
<P class="p122 ft2">16. <SPAN class="ft3">samordnare: </SPAN>den behöriga myndighet som enligt 4 kap. ansvarar för tillsynen över ett finansiellt konglomerat<SPAN class="ft3">,</SPAN></P>
</DIV>
</DIV>
</DIV>
<DIV id="page_607" style="position:relative; overflow: hidden;margin: 50px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD class="tr2 td81"><P class="p23 ft2">17. <SPAN class="ft3">sektorsbestämmelser</SPAN>: de bestämmelser i lag och andra författningar</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td81"><P class="p23 ft2">som gäller för den rörelse som drivs av institut, försäkringsföretag och</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 9</P></TD>
</TR>
<TR>
<TD class="tr4 td81"><P style="text-align: right;padding-right: 283px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft31">tjänstepensionsföretag,</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p89 ft2"><SPAN class="ft2">18.</SPAN><SPAN class="ft38">tjänstepensionsföretag</SPAN>: ett tjänstepensionsaktiebolag, ett ömsesidigt tjänstepensionsbolag eller en tjänstepensionsförening enligt lagen (2019:742) om tjänstepensionsföretag, och</P>
<P class="p91 ft2"><SPAN class="ft2">19.</SPAN><SPAN class="ft38">värdepappersbolag</SPAN>: ett svenskt aktiebolag som har fått tillstånd att driva värdepappersrörelse enligt lagen om värdepappersmarknaden.</P>
<P class="p445 ft22"><SPAN class="ft22">5</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">8 §</SPAN><SPAN class="ft20">3</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td98"><P class="p39 ft2">Om</P></TD>
<TD class="tr4 td11"><P class="p79 ft2">ett</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p39 ft2">blandat</P></TD>
<TD class="tr4 td65"><P class="p107 ft2">finansiellt</P></TD>
<TD class="tr4 td140"><P class="p39 ft2">Om</P></TD>
<TD class="tr4 td89"><P class="p237 ft2">ett</P></TD>
<TD class="tr4 td156"><P class="p412 ft2">blandat</P></TD>
<TD class="tr4 td27"><P class="p16 ft2">finansiellt</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">holdingföretag finns i toppen av ett</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">holdingföretag finns i toppen av ett</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">finansiellt konglomerat, vars största</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft31">finansiellt konglomerat, vars största</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">sektor är bank- och värdepappers-</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">sektor är bank- och värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td98"><P class="p18 ft2">sektorn,</P></TD>
<TD colspan=4 class="tr4 td258"><P class="p108 ft2">gäller bestämmelserna om</P></TD>
<TD colspan=2 class="tr4 td158"><P class="p18 ft2">sektorn, gäller</P></TD>
<TD colspan=2 class="tr4 td159"><P class="p16 ft2">bestämmelserna om</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">stora exponeringar i Europa-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">stora exponeringar i Europa-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td172"><P class="p18 ft2">(EU) nr 575/2013 av</P></TD>
<TD class="tr4 td65"><P class="p108 ft2">den 26 juni</P></TD>
<TD class="tr4 td140"><P class="p18 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td194"><P class="p44 ft2">nr 575/2013 av</P></TD>
<TD class="tr4 td27"><P class="p16 ft2">den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD class="tr5 td98"><P class="p18 ft2">institut</P></TD>
<TD class="tr5 td11"><P class="p1 ft3">och</P></TD>
<TD colspan=3 class="tr5 td96"><P class="p107 ft3">värdepappersföretag</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft31">institut och om ändring av förordning</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">(EU) nr 648/2012 för samtliga före-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td95"><P class="p18 ft2">nr 648/2012</P></TD>
<TD colspan=3 class="tr4 td96"><P class="p107 ft2">för samtliga företag</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">tag som tillhör den sektorn och för</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">som tillhör den sektorn och för det</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">det blandade finansiella holding-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td95"><P class="p18 ft2">blandade</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p18 ft2">finansiella</P></TD>
<TD class="tr4 td65"><P class="p107 ft2">holding-</P></TD>
<TD colspan=2 class="tr4 td158"><P class="p18 ft2">företaget.</P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td95"><P class="p18 ft2">företaget.</P></TD>
<TD class="tr4 td149"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td293"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td274"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td269"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td27"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p407 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 class="t68">
<TR>
<TD class="tr2 td157"><P class="p18 ft29"><SPAN class="ft28">3 </SPAN>Senaste lydelse 2014:984.</P></TD>
<TD class="tr2 td50"><P class="p16 ft2">607</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_608" style="position:relative; overflow: hidden;margin: 52px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2010:751) om betaltjänster</P>
<P class="p814 ft2">Härigenom föreskrivs att 1 kap. 4 § lagen (2010:751) om betaltjänster ska ha följande lydelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 304px;margin-left: 127px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td109"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p454 ft22">1 kap.</P>
<P style="text-align: left;padding-left: 313px;margin-top: 0px;margin-bottom: 0px;" class="ft2">4 §<SPAN class="ft20">1</SPAN></P>
<P class="p479 ft2">I denna lag betyder</P>
<P class="p477 ft2"><SPAN class="ft3">autentisering</SPAN>: ett förfarande där en betaltjänstanvändares personliga behörighetsfunktioner används och genom vilket en betaltjänstleverantör kan kontrollera betaltjänstanvändarens identitet eller ett betalnings- instruments giltighet,</P>
<P class="p477 ft2"><SPAN class="ft3">autogiro</SPAN>: en betaltjänst för debitering av en betalares betalkonto, där initiativet till en betalningstransaktion tas av betalningsmottagaren på grundval av betalarens samtycke till mottagaren, mottagarens betaltjänst- leverantör eller betalarens egen betaltjänstleverantör,</P>
<P class="p477 ft2"><SPAN class="ft3">bankdag</SPAN>: en dag på vilken en betaltjänstleverantör har öppet för verk- samhet i den utsträckning som krävs för genomförande av en betalnings- transaktion,</P>
<P class="p477 ft2"><SPAN class="ft3">betalare</SPAN>: en fysisk eller juridisk person som är antingen betalkonto- innehavare och som godkänner en betalningsorder från detta betalkonto, eller en fysisk eller juridisk person som lämnar en betalningsorder,</P>
<P class="p477 ft2"><SPAN class="ft3">betalkonto</SPAN>: ett konto som innehas i en eller flera betaltjänstanvändares namn och som är avsett för genomförandet av betalningstransaktioner,</P>
<P class="p477 ft2"><SPAN class="ft3">betalkontodirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/92/EU av den 23 juli 2014 om jämförbarhet för avgifter som avser betalkonto, byte av betalkonto och tillgång till betalkonto med grund- läggande funktioner, i den ursprungliga lydelsen,</P>
<P class="p477 ft2"><SPAN class="ft3">betalningsinstitut</SPAN>: ett aktiebolag eller en ekonomisk förening som har fått tillstånd att tillhandahålla betaltjänster enligt 2 kap.,</P>
<P class="p477 ft2"><SPAN class="ft3">betalningsinitieringstjänst</SPAN>: en tjänst för att på begäran av betaltjänst- användaren initiera en betalningsorder från ett betalkonto hos en annan betaltjänstleverantör,</P>
<P class="p477 ft2"><SPAN class="ft3">betalningsinstrument</SPAN>: ett kontokort eller något annat personligt instrument eller en personlig rutin som enligt avtal används för att initiera en betalningsorder,</P>
<P class="p477 ft2"><SPAN class="ft3">betalningsmottagare</SPAN>: en fysisk eller juridisk person som är den avsedda mottagaren av medel vid en betalningstransaktion,</P>
<P class="p477 ft2"><SPAN class="ft3">betalningsorder</SPAN>: varje instruktion som en betalare eller betalnings- mottagare ger sin betaltjänstleverantör om att en betalningstransaktion ska genomföras,</P>
<P class="p477 ft2"><SPAN class="ft3">betalningssystem</SPAN>: ett generellt betalsystem enligt 1 kap. 3 § andra stycket lagen (2004:297) om bank- och finansieringsrörelse,</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 244px;margin-top: 55px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p278 ft2">608</P></TD>
<TD class="tr2 td134"><P class="p279 ft27"><SPAN class="ft48">1 </SPAN>Senaste lydelse 2018:175.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_609" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p103 ft2"><SPAN class="ft3">betalningstransaktion</SPAN>: insättning, uttag eller överföring av medel som initieras av betalaren eller betalningsmottagaren, oberoende av eventuella underliggande förpliktelser mellan betalaren och betalningsmottagaren,</P>
<P class="p105 ft2"><SPAN class="ft3">betaltjänstanvändare</SPAN>: en fysisk eller juridisk person som utnyttjar en betaltjänst,</P>
<P class="p446 ft2"><SPAN class="ft3">betaltjänstdirektivet</SPAN>: Europaparlamentets och rådets direktiv (EU) 2015/2366 av den 25 november 2015 om betaltjänster på den inre mark- naden, om ändring av direktiven 2002/65/EG, 2009/110/EG och 2013/36/EU samt förordning (EU) nr 1093/2010 och om upphävande av direktiv 2007/64/EG, i den ursprungliga lydelsen,</P>
<P class="p132 ft2"><SPAN class="ft3">debitera</SPAN>: att medel dras från ett konto,</P>
<P class="p103 ft2"><SPAN class="ft3">elektroniskt kommunikationsnät</SPAN>: detsamma som i 1 kap. 7 § lagen (2003:389) om elektronisk kommunikation,</P>
<P class="p105 ft2"><SPAN class="ft3">elektronisk kommunikationstjänst</SPAN>: detsamma som i 1 kap. 7 § lagen om elektronisk kommunikation,</P>
<P class="p105 ft2"><SPAN class="ft3">filial</SPAN>: ett avdelningskontor med självständig förvaltning, varvid även ett utländskt betalningsinstituts etablering av flera driftställen ska anses som en enda filial,</P>
<P class="p105 ft2"><SPAN class="ft3">grupp</SPAN>: en grupp av företag som är knutna till varandra genom ett sådant förhållande som avses i 1 kap. 4, 5 eller 5 a § årsredovisnings- lagen (1995:1554) eller en grupp av företag som avses i artiklarna <NOBR>4–7</NOBR> i kommissionens delegerade förordning (EU) nr 241/2014 av den 7 januari 2014 om komplettering av Europaparlamentets och rådets förordning (EU) nr 575/2013 med avseende på tekniska tillsynsstandarder för kapitalbas- krav på institut och som är knutna till varandra genom ett sådant för- hållande som avses i artikel 10.1 eller artikel 113.6 eller 113.7 i tillsyns- förordningen,</P>
<P class="p315 ft2"><SPAN class="ft3">hemland</SPAN>: det land där ett företag har fått tillstånd att driva sådan verk- samhet som avses i denna lag,</P>
<P class="p446 ft31"><SPAN class="ft21">inlösen av transaktionsbelopp</SPAN>: en betaltjänst där en betaltjänstleverantör accepterar och behandlar betalningsmottagarens betalningstransaktioner för att sedan överföra medel till betalningsmottagaren,</P>
<P class="p105 ft2"><SPAN class="ft3">kapitalbas</SPAN>: detsamma som i 1 kap. 5 § 9 lagen om bank- och finan- sieringsrörelse,</P>
<P class="p105 ft2"><SPAN class="ft3">kontobaserad betalning</SPAN>: en betaltjänst för kreditering av en betalnings- mottagares betalkonto med en betalningstransaktion från en betalares betalkonto, som utförs av en betaltjänstleverantör som har tillgång till betalarens betalkonto, på grundval av en instruktion som lämnats av betalaren,</P>
<P class="p115 ft3">kontoförvaltande betaltjänstleverantör<SPAN class="ft2">: en betaltjänstleverantör som tillhandahåller och förvaltar ett betalkonto,</SPAN></P>
<P class="p103 ft2"><SPAN class="ft3">kontoinformationstjänst</SPAN>: en onlinetjänst för att tillhandahålla sam- manställd information om ett eller flera betalkonton som betaltjänst- användaren har hos en eller flera andra betaltjänstleverantörer,</P>
<P class="p105 ft2"><SPAN class="ft3">konsument</SPAN>: en fysisk person som handlar huvudsakligen för ändamål som faller utanför näringsverksamhet,</P>
<P class="p87 ft2"><SPAN class="ft3">kreditera</SPAN>: att medel tillförs ett konto,</P>
<P class="p103 ft2"><SPAN class="ft3">kreditinstitut</SPAN>: detsamma som i 1 kap. 5 § 10 lagen om bank- och finansieringsrörelse,</P>
<P class="p105 ft2"><SPAN class="ft3">kvalificerat innehav</SPAN>: detsamma som i 1 kap. 5 § 15 lagen om bank- och finansieringsrörelse,</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">609</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_610" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 520px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">610</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P class="p69 ft2"><SPAN class="ft3">känslig betalningsuppgift</SPAN>: en personlig behörighetsfunktion eller annan uppgift som kan användas för svikliga förfaranden, dock inte konto- innehavarens namn och kontonummer i sådan verksamhet som drivs av en leverantör av betalningsinitieringstjänster eller en leverantör av konto- informationstjänster,</P>
<P class="p192 ft2"><SPAN class="ft3">lagligen bosatt inom EES</SPAN>: en fysisk person som har rätt att bosätta sig inom EES i enlighet med unionsrätten eller nationell rätt, inbegripet personer utan fast adress och personer som söker asyl inom ramen för Genèvekonventionen av den 28 juli 1951 angående flyktingars rättsliga ställning, protokollet till denna av den 31 januari 1967 och andra relevanta internationella fördrag,</P>
<P class="p603 ft2"><SPAN class="ft3">medel</SPAN>: sedlar och mynt, kontotillgodohavanden samt elektroniska pengar enligt lagen (2011:755) om elektroniska pengar,</P>
<P class="p192 ft2"><SPAN class="ft3">obehörig transaktion</SPAN>: en transaktion som genomförs utan samtycke från kontohavaren eller någon annan som enligt kontoavtalet är behörig att använda kontot,</P>
<P class="p192 ft2"><SPAN class="ft3">penningöverföring</SPAN>: en betaltjänst där medel tas emot från en betalare, utan att något betalkonto öppnas i betalarens eller betalningsmottagarens namn, uteslutande i syfte att överföra motsvarande belopp till en mottagare eller en annan betaltjänstleverantör som agerar på mottagarens vägnar, eller där dessa medel tas emot på mottagarens vägnar och ställs till mottagarens förfogande,</P>
<P class="p603 ft2"><SPAN class="ft3">personlig behörighetsfunktion</SPAN>: en personligt anpassad funktion som betal- tjänstleverantören tillhandahåller betaltjänstanvändaren för autentiserings- ändamål,</P>
<P class="p192 ft2"><SPAN class="ft3">ramavtal</SPAN>: ett avtal om betaltjänster som reglerar genomförandet av kommande enskilda och successiva betalningstransaktioner och som kan innehålla skyldigheter och villkor för att öppna ett betalkonto,</P>
<P class="p192 ft2"><SPAN class="ft3">referensväxelkurs</SPAN>: den växelkurs som ligger till grund för beräkningen av eventuell valutaväxling och görs tillgänglig av betaltjänstleverantören eller härrör från en offentligt tillgänglig källa,</P>
<P class="p192 ft2"><SPAN class="ft3">referensräntesats</SPAN>: den räntesats som ligger till grund för beräkningen av eventuell tillämplig ränta och som härrör från en offentligt tillgänglig källa som kan kontrolleras av båda parterna i ett avtal om betaltjänster,</P>
<P class="p192 ft3">registrerad betaltjänstleverantör<SPAN class="ft2">: en betaltjänstleverantör som undantagits från krav på tillstånd enligt 2 kap. 3 §,</SPAN></P>
<P class="p192 ft2"><SPAN class="ft3">stark kundautentisering</SPAN>: en autentisering som grundas på användning av två eller flera komponenter, kategoriserade som kunskap (något som bara användaren vet), innehav (något som bara användaren har) och unik egenskap (något som användaren är), som är fristående från varandra så att det förhållandet att någon har kommit över en av komponenterna inte äventyrar de andra komponenternas tillförlitlighet, och som är utformad för att skydda autentiseringsuppgifterna mot obehörig åtkomst,</P>
<P class="p603 ft2"><SPAN class="ft3">startkapital</SPAN>: detsamma som i 1 kap. 5 § 18 lagen om bank- och finansieringsrörelse,</P>
<P class="p192 ft2"><SPAN class="ft3">säker kommunikation</SPAN>: sådan kommunikation som uppfyller kraven i de tekniska standarder som antagits av Europeiska kommissionen i enlighet</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr4 td109"><P class="p18 ft2">med artikel 98 i betaltjänstdirektivet,</P></TD>
<TD class="tr4 td172"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td27"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td208"><P class="p39 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td230"><P class="p108 ft2">Europa-</P></TD>
<TD class="tr4 td172"><P class="p48 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td27"><P class="p16 ft2">Europa-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td109"><P class="p108 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=2 class="tr5 td110"><P class="p16 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD class="tr4 td208"><P class="p18 ft2">(EU) nr 575/2013 av den</P></TD>
<TD class="tr4 td230"><P class="p108 ft2">26 juni</P></TD>
<TD class="tr4 td172"><P class="p18 ft2">(EU) nr 575/2013 av</P></TD>
<TD class="tr4 td27"><P class="p16 ft2">den 26 juni</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_611" style="position:relative; overflow: hidden;margin: 51px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="position:absolute;top:261px;left:0px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173611x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td50"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD class="tr2 td85"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft3"><SPAN class="ft2">institut </SPAN>och värdepappersföretag</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">institut och om ändring av</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
<TD class="tr4 td85"><P class="p18 ft2">förordning (EU) nr 648/2012,</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">nr 648/2012,</P></TD>
<TD class="tr4 td85"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p105 ft2"><SPAN class="ft3">unik identifikationskod</SPAN>: en kombination av bokstäver, siffror eller sym- boler som tillhandahållits av en betaltjänstleverantör, och som en betal- tjänstanvändare ska uppge för att otvetydigt identifiera en annan betal- tjänstanvändare eller dennes betalkonto,</P>
<P class="p115 ft2"><SPAN class="ft3">utgivning av betalningsinstrument</SPAN>: en betaltjänst hos en betaltjänst- leverantör om att tillhandahålla betalaren ett betalningsinstrument för att initiera och behandla betalarens betalningstransaktioner,</P>
<P class="p103 ft2"><SPAN class="ft3">utländskt kreditinstitut</SPAN>: detsamma som i 1 kap. 5 § 21 lagen om bank- och finansieringsrörelse,</P>
<P class="p105 ft2"><SPAN class="ft3">valuteringsdag</SPAN>: den referenstidpunkt som används av en betaltjänst- leverantör för att beräkna räntan på de medel som debiterats eller krediterats ett betalkonto.</P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">611</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_612" style="position:relative; overflow: hidden;margin: 52px 0px 76px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:590px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173612x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2011:755) om elektroniska pengar</P>
<P class="p814 ft2">Härigenom föreskrivs att 3 kap. 2 § lagen (2011:755) om elektroniska pengar ska ha följande lydelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P class="p540 ft3">Nuvarande lydelse<SPAN style="padding-left:104px;">Föreslagen lydelse</SPAN></P>
<P style="text-align: left;padding-left: 306px;margin-top: 19px;margin-bottom: 0px;" class="ft22">3 kap.</P>
<P style="text-align: left;padding-left: 313px;margin-top: 0px;margin-bottom: 0px;" class="ft2">2 §<SPAN class="ft20">1</SPAN></P>
<P class="p536 ft2">Ett institut för elektroniska pengar ska vid varje tidpunkt ha en kapital- bas som lägst motsvarar startkapitalet enligt 1 § eller ett kapitalkrav beräknat enligt 3 §. Institutets kapitalbas får inte underskrida det högsta av</P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD colspan=2 class="tr5 td147"><P class="p18 ft2">dessa belopp.</P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td101"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2">Vid beräkningen av kapitalbasen</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">Vid beräkningen av kapitalbasen</P></TD>
</TR>
<TR>
<TD class="tr5 td27"><P class="p18 ft2">och dess</P></TD>
<TD colspan=3 class="tr5 td136"><P class="p77 ft2">sammansättning</P></TD>
<TD class="tr5 td135"><P class="p108 ft2">ska</P></TD>
<TD class="tr5 td101"><P class="p18 ft2">och dess</P></TD>
<TD colspan=2 class="tr5 td174"><P class="p32 ft2">sammansättning</P></TD>
<TD class="tr5 td126"><P class="p16 ft2">ska</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td147"><P class="p18 ft31">Europaparlamentets</P></TD>
<TD class="tr4 td233"><P class="p206 ft2">och</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p108 ft2">rådets</P></TD>
<TD colspan=2 class="tr4 td187"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td75"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td126"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td27"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td114"><P class="p79 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td72"><P class="p18 ft2">nr 575/2013</P></TD>
<TD class="tr4 td135"><P class="p108 ft2">av</P></TD>
<TD class="tr4 td101"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr4 td99"><P class="p16 ft2">(EU) nr 575/2013 av</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td109"><P class="p18 ft2">den 26 juni 2013 om tillsynskrav</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">den 26 juni 2013 om tillsynskrav för</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2">för kreditinstitut <SPAN class="ft3">och värdepap-</SPAN></P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">kreditinstitut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft3">persföretag </SPAN>och om ändring av</P></TD>
<TD class="tr4 td101"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td54"><P class="p39 ft2">(EU)</P></TD>
<TD colspan=2 class="tr4 td72"><P class="p16 ft2">nr 648/2012</P></TD>
</TR>
<TR>
<TD class="tr5 td27"><P class="p18 ft2">förordning</P></TD>
<TD colspan=3 class="tr5 td136"><P class="p18 ft2">(EU) nr 648/2012</P></TD>
<TD class="tr5 td135"><P class="p108 ft2">till-</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">tillämpas. Därutöver gäller följande</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td147"><P class="p18 ft2">lämpas. Därutöver</P></TD>
<TD class="tr4 td233"><P class="p43 ft2">gäller</P></TD>
<TD colspan=2 class="tr4 td67"><P class="p108 ft2">följande</P></TD>
<TD colspan=2 class="tr4 td187"><P class="p18 ft2">vid beräkningen:</P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td147"><P class="p18 ft2">vid beräkningen:</P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td101"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td54"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p477 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">Ett institut för elektroniska pengar som tillhör samma grupp som ett annat institut för elektroniska pengar, eller ett betalningsinstitut, ett kreditinstitut, ett värdepappersföretag, ett fondbolag, en </SPAN><NOBR>AIF-förvaltare</NOBR> som förvaltar specialfonder, ett försäkringsföretag eller ett tjänste- pensionsföretag får vid beräkning av kapitalbasen inte ta med sådana poster som ingår i beräkningen av något av dessa företags kapitalbas.</P>
<P class="p498 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">Ett institut för elektroniska pengar som bedriver annan verksamhet i enlighet med 5 § får vid beräkningen av kapitalbasen inte ta med sådana poster som ingår i beräkningen av kapitalbasen i den andra verksamheten.</SPAN></P>
<P class="p477 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">För ett institut för elektroniska pengar som har bytt redovisnings- valuta får kapitalbasen inte understiga det högsta av de belopp som följer av 6 och 7 §§ lagen (2000:35) om byte av redovisningsvaluta i finansiella företag.</SPAN></P>
<P class="p492 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 244px;margin-top: 146px;font: 6px 'Times New Roman';">
<TR>
<TD class="tr2 td176"><P class="p278 ft2">612</P></TD>
<TD class="tr2 td134"><P class="p279 ft27"><SPAN class="ft48">1 </SPAN>Senaste lydelse 2019:768.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_613" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 49px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2013:561) om förvaltare av alternativa investeringsfonder</P>
<P style="text-align: justify;padding-top: 2px;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>att 1 kap. 10 §, 7 kap. 4 och 6 §§ och 9 kap. 4 § lagen (2013:561) om förvaltare av alternativa investeringsfonder ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 15px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr4 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: justify;padding-left: 183px;padding-right: 342px;margin-top: 18px;margin-bottom: 0px;text-indent: -4px;" class="ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">10 §</SPAN><SPAN class="ft20">2</SPAN></P>
<P class="p87 ft3"><SPAN class="ft2">Med ett </SPAN>förvaringsinstituts behöriga myndigheter <SPAN class="ft2">avses följande. Om</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=4 class="tr4 td232"><P class="p18 ft2">förvaringsinstitutet</P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td131"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p39 ft2">1. är</P></TD>
<TD colspan=5 class="tr4 td204"><P class="p301 ft2">ett kreditinstitut</P></TD>
<TD colspan=2 class="tr4 td123"><P class="p18 ft2">med</P></TD>
<TD class="tr4 td114"><P class="p108 ft2">till-</P></TD>
<TD class="tr4 td233"><P class="p39 ft2">1. är</P></TD>
<TD colspan=5 class="tr4 td61"><P class="p18 ft2">ett kreditinstitut med</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">till-</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">stånd som avses enligt Europa-</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">stånd som avses enligt Europa-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td101"><P class="p18 ft31">parlamentets</P></TD>
<TD colspan=2 class="tr5 td12"><P class="p178 ft31">och</P></TD>
<TD class="tr5 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft2">rådets</P></TD>
<TD colspan=3 class="tr5 td35"><P class="p108 ft2">direktiv</P></TD>
<TD colspan=3 class="tr5 td204"><P class="p18 ft2">parlamentets och</P></TD>
<TD colspan=2 class="tr5 td18"><P class="p81 ft2">rådets</P></TD>
<TD colspan=2 class="tr5 td75"><P class="p16 ft31">direktiv</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">2013/36/EU av den 26 juni 2013</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">2013/36/EU av den 26 juni 2013</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">om behörighet att utöva verksamhet</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft31">om behörighet att utöva verksamhet</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td50"><P class="p18 ft2">i kreditinstitut och om tillsyn av</P></TD>
<TD colspan=7 class="tr5 td85"><P class="p18 ft2">i kreditinstitut och om tillsyn av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td101"><P class="p18 ft31">kreditinstitut</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p42 ft3">och</P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td130"><P class="p108 ft3">värdepappers-</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p18 ft2">kreditinstitut,</P></TD>
<TD colspan=4 class="tr4 td22"><P class="p18 ft2">om ändring</P></TD>
<TD class="tr4 td131"><P class="p16 ft2">av</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft3">företag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft2">om</P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td149"><P class="p307 ft31">ändring</P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p108 ft2">av</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">direktiv 2002/87/EG och om upp-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td100"><P class="p18 ft2">direktiv 2002/87/EG</P></TD>
<TD class="tr5 td88"><P class="p32 ft2">och</P></TD>
<TD class="tr5 td181"><P class="p18 ft2">om</P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p108 ft31">upp-</P></TD>
<TD colspan=4 class="tr5 td112"><P class="p18 ft2">hävande av <SPAN class="ft3">direktiven</SPAN></P></TD>
<TD colspan=3 class="tr5 td101"><P class="p16 ft2">2006/48/EG</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">hävande av <SPAN class="ft3">direktiv </SPAN>2006/48/EG och</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft3"><SPAN class="ft2">och 2006/49/EG</SPAN>, i lydelsen enligt</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td232"><P class="p18 ft2">2006/49/EG: den</P></TD>
<TD colspan=4 class="tr4 td35"><P class="p256 ft2">myndighet</P></TD>
<TD class="tr4 td114"><P class="p108 ft2">som</P></TD>
<TD colspan=4 class="tr4 td112"><P class="p18 ft3">Europaparlamentets</P></TD>
<TD class="tr4 td190"><P class="p1 ft3">och</P></TD>
<TD colspan=2 class="tr4 td75"><P class="p16 ft3">rådets</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td50"><P class="p18 ft2">anges i 1 kap. <SPAN class="ft3">6 </SPAN>§ lagen (2014:968)</P></TD>
<TD colspan=7 class="tr5 td85"><P class="p18 ft3">direktiv (EU) 2019/2034<SPAN class="ft2">: den</SPAN></P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">om särskild tillsyn över kreditinstitut</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p18 ft2">myndighet som</P></TD>
<TD colspan=5 class="tr4 td147"><P class="p16 ft2">anges i 1 kap. <SPAN class="ft3">4 </SPAN>§</P></TD>
</TR>
<TR>
<TD colspan=6 class="tr4 td219"><P class="p18 ft2">och värdepappersbolag</P></TD>
<TD colspan=2 class="tr4 td123"><P class="p1 ft2">eller</P></TD>
<TD class="tr4 td114"><P class="p107 ft2">en</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">lagen (2014:968) om särskild tillsyn</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td50"><P class="p18 ft2">annan myndighet i ett annat land</P></TD>
<TD colspan=7 class="tr5 td85"><P class="p18 ft2">över kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">inom EES som utövar tillsyn över</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p18 ft2">pappersbolag</P></TD>
<TD colspan=2 class="tr4 td47"><P class="p1 ft2">eller</P></TD>
<TD class="tr4 td190"><P class="p43 ft2">en</P></TD>
<TD colspan=2 class="tr4 td75"><P class="p16 ft2">annan</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft2">institut,</P></TD>
<TD colspan=2 class="tr4 td53"><P class="p73 ft2">institut</P></TD>
<TD colspan=6 class="tr4 td159"><P class="p107 ft2">för elektroniska</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">myndighet i ett annat land inom</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td50"><P class="p18 ft2">pengar eller motsvarande utländska</P></TD>
<TD colspan=7 class="tr5 td85"><P class="p18 ft2">EES som utövar tillsyn över</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft2">företag,</P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft2">institut,</P></TD>
<TD colspan=2 class="tr4 td102"><P class="p73 ft2">institut</P></TD>
<TD class="tr4 td69"><P class="p18 ft2">för</P></TD>
<TD colspan=3 class="tr4 td101"><P class="p16 ft2">elektroniska</P></TD>
</TR>
<TR>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">pengar eller motsvarande utländska</P></TD>
</TR>
<TR>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td251"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td241"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td233"><P class="p18 ft2">företag,</P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td131"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p107 ft2">2. är ett värdepappersföretag med</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p16 ft2">2. är ett värdepappersföretag med</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">tillstånd som avses enligt Europa-</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">tillstånd som avses enligt Europa-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td145"><P class="p18 ft2">parlamentets</P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td114"><P class="p18 ft2">och</P></TD>
<TD class="tr5 td181"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td156"><P class="p107 ft31">rådets</P></TD>
<TD colspan=2 class="tr5 td151"><P class="p18 ft2">parlamentets</P></TD>
<TD class="tr5 td87"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p32 ft31">och</P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td75"><P class="p16 ft2">rådets</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">direktiv 2014/65/EU av den 15 maj</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">direktiv 2014/65/EU av den 15 maj</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">2014 om marknader för finansiella</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">2014 om marknader för finansiella</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr5 td50"><P class="p18 ft2">instrument och om ändring av</P></TD>
<TD colspan=7 class="tr5 td85"><P class="p18 ft2">instrument och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">direktiv 2002/92/EG och av direk-</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">direktiv 2002/92/EG och av direk-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td145"><P class="p18 ft2">tiv 2011/61/EU,</P></TD>
<TD class="tr4 td124"><P class="p18 ft2">i</P></TD>
<TD colspan=3 class="tr4 td102"><P class="p37 ft2">lydelsen</P></TD>
<TD colspan=2 class="tr4 td156"><P class="p107 ft2">enligt</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p18 ft2">tiv 2011/61/EU,</P></TD>
<TD class="tr4 td87"><P class="p77 ft2">i</P></TD>
<TD colspan=4 class="tr4 td194"><P class="p16 ft2">lydelsen enligt</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td100"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD colspan=2 class="tr5 td149"><P class="p448 ft31">och</P></TD>
<TD colspan=2 class="tr5 td156"><P class="p107 ft31">rådets</P></TD>
<TD colspan=4 class="tr5 td112"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr5 td190"><P class="p18 ft2">och</P></TD>
<TD colspan=2 class="tr5 td75"><P class="p16 ft2">rådets</P></TD>
</TR>
<TR>
<TD colspan=9 class="tr4 td50"><P class="p18 ft2">direktiv (EU) <SPAN class="ft3">2016/1034</SPAN>: de myn-</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">direktiv (EU) <SPAN class="ft3">2019/2034</SPAN>: de myn-</P></TD>
</TR>
</TABLE>
<P class="p449 ft43"><SPAN class="ft25">1</SPAN><SPAN class="ft77">Jfr Europaparlamentets och rådets direktiv 2011/61/EU av den 8 juni 2011 om förvaltare av alternativa investeringsfonder samt om ändring av direktiv 2003/41/EG och 2009/65/EG och förordningarna (EG) nr 1060/2009 och (EU) nr 1095/2010, i lydelsen enligt Europa- parlamentets och rådets direktiv (EU) 2019/2034.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t71">
<TR>
<TD class="tr2 td157"><P class="p18 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2017:701.</P></TD>
<TD class="tr2 td50"><P class="p16 ft2">613</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_614" style="position:relative; overflow: hidden;margin: 51px 0px 78px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:281px;left:330px;width:190px;height:120px;"><SPAN class="ft31">En </SPAN><NOBR><SPAN class="ft31">AIF-förvaltares</SPAN></NOBR><SPAN class="ft31"> kapitalbas får, trots det som anges i 2 och 3 §§, inte understiga </SPAN><SPAN class="ft21">det </SPAN><SPAN class="ft31">belopp som </SPAN><SPAN class="ft21">framgår av artikel 13 i Europaparlamentets och rådets förordning (EU) 2019/2033 av den 27 november 2019 om tillsynskrav för värde- pappersföretag och om ändring av</SPAN></DIV>
<DIV style="position:absolute;top:404px;left:330px;width:190px;height:105px;"><SPAN class="ft3">förordningarna</SPAN><SPAN style="padding-left:80px;"><SPAN class="ft3">(EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014</SPAN><SPAN class="ft2">. </SPAN><SPAN class="ft3">Vid tillämpningen av den artikeln ska det som anges där om värdepappersföretag gälla för </SPAN><NOBR><SPAN class="ft3">AIF-förvaltare.</SPAN></NOBR></SPAN></DIV>
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 507px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td109"><P class="p18 ft2">digheter som anges i 1 kap. 4 b §</P></TD>
<TD class="tr2 td110"><P class="p18 ft2">digheter som anges i 1 kap. 4 b §</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">lagen (2007:528) om värdepappers-</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">lagen (2007:528) om värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">marknaden,</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">marknaden,</P></TD>
</TR>
</TABLE>
<P class="p192 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">är ett sådant institut som avses i 9 kap. 4 § första stycket 3: de myndig- heter i institutets hemland som enligt nationell lag eller annan författning har behörighet att utöva tillsyn över sådana institut,</SPAN></P>
<P class="p192 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">är någon som avses i 9 kap. 7 §: de myndigheter i det land inom EES där denne är etablerad och vilka, enligt nationell lag eller annan förfat- tning, har behörighet att utöva tillsyn över denne, alternativt det officiella organ som har behörighet att registrera eller utöva tillsyn över denne i enlighet med yrkesetiska regler, eller</SPAN></P>
<P class="p192 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">är utsett som förvaringsinstitut för en icke </SPAN><NOBR>EES-baserad</NOBR> alternativ investeringsfond enligt 9 kap. 5 § och inte omfattas av <NOBR>1–4:</NOBR> de berörda nationella myndigheterna i det land där förvaringsinstitutet har sitt stadge- enliga säte.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 20px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P class="p144 ft22">7 kap.</P>
<P style="text-align: left;padding-left: 313px;margin-top: 0px;margin-bottom: 0px;" class="ft2">4 §<SPAN class="ft20">3</SPAN></P>
<P style="text-align: justify;padding-left: 127px;padding-right: 272px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2">En <NOBR>AIF-förvaltares</NOBR> kapitalbas får, trots det som anges i 2 och 3 §§, inte understiga <SPAN class="ft3">ett </SPAN>belopp som <SPAN class="ft3">mot- svarar 25 procent av dess fasta omkostnader för det föregående året eller, om </SPAN><NOBR><SPAN class="ft3">AIF-förvaltarens</SPAN></NOBR><SPAN class="ft3"> verksamhet har pågått kortare tid än ett år, 25 procent av de fasta omkostnader som angetts i AIF- förvaltarens verksamhetsplan</SPAN>.</P>
<P style="text-align: justify;padding-left: 127px;padding-right: 272px;margin-top: 80px;margin-bottom: 0px;text-indent: 11px;" class="ft3">Om omfattningen av <NOBR>AIF-för-</NOBR> valtarens verksamhet har ändrats väsentligt sedan det föregående året eller om Finansinspektionen finner att verksamhetsplanen be- höver korrigeras, får inspektionen besluta om ändring av kapitalkravet enligt första stycket.</P>
<P class="p841 ft2">Ett belopp motsvarande kapitalbasen ska investeras i likvida tillgångar och får inte innehålla spekulativa positioner.</P>
<P style="text-align: left;padding-left: 313px;margin-top: 18px;margin-bottom: 0px;" class="ft2">6 §<SPAN class="ft20">4</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t78">
<TR>
<TD class="tr5 td109"><P class="p108 ft2">Bestämmelser om tillsyn på grupp-</P></TD>
<TD class="tr5 td110"><P class="p48 ft31">Bestämmelser om tillsyn på grupp-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p108 ft2">nivå finns i artiklarna <NOBR>11–24</NOBR> i</P></TD>
<TD class="tr4 td110"><P class="p18 ft2">nivå finns i</P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 style="width: 343px;margin-top: 29px;font: 7px 'Times New Roman';">
<TR>
<TD rowspan=2 class="tr25 td127"><P class="p16 ft2">614</P></TD>
<TD class="tr4 td120"><P class="p29 ft39">3</P></TD>
<TD class="tr4 td296"><P class="p79 ft27">Ändringen innebär bl.a. att andra stycket tas bort.</P></TD>
</TR>
<TR>
<TD class="tr14 td120"><P class="p29 ft39">4</P></TD>
<TD class="tr14 td296"><P class="p79 ft29">Senaste lydelse 2017:1147.</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_615" style="position:relative; overflow: hidden;margin: 50px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<TABLE cellpadding=0 cellspacing=0 class="t8">
<TR>
<TD colspan=2 class="tr2 td118"><P class="p18 ft2">Europaparlamentets och</P></TD>
<TD class="tr2 td122"><P class="p186 ft2">rådets</P></TD>
<TD colspan=2 class="tr2 td346"><P class="p206 ft2"><SPAN class="ft3">– </SPAN>artiklarna <NOBR>11–24</NOBR> i Europaparla-</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td197"><P class="p18 ft2">förordning (EU)</P></TD>
<TD colspan=2 class="tr5 td194"><P class="p44 ft2">nr 575/2013, <SPAN class="ft3">i</SPAN></P></TD>
<TD colspan=2 class="tr5 td346"><P class="p77 ft2">mentets och rådets förordning (EU)</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 9</P></TD>
</TR>
<TR>
<TD class="tr4 td197"><P class="p18 ft2">lagen (2006:531)</P></TD>
<TD class="tr4 td62"><P class="p32 ft2">om</P></TD>
<TD class="tr4 td122"><P class="p186 ft2">särskild</P></TD>
<TD class="tr4 td194"><P class="p77 ft2">nr 575/2013,</P></TD>
<TD class="tr4 td202"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td64"><P class="p18 ft2">tillsyn över finansiella konglomerat</P></TD>
<TD class="tr4 td194"><P class="p206 ft3">– artikel 7 i</P></TD>
<TD class="tr4 td202"><P class="p23 ft21">Europaparlamentets</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td64"><P class="p18 ft2"><SPAN class="ft3">samt i </SPAN>lagen (2014:968) om särskild</P></TD>
<TD class="tr5 td194"><P class="p77 ft3">och rådets</P></TD>
<TD class="tr5 td202"><P class="p23 ft3">förordning (EU)</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td64"><P class="p18 ft2">tillsyn över kreditinstitut och värde-</P></TD>
<TD class="tr4 td194"><P class="p77 ft3">2019/2033,</P></TD>
<TD class="tr4 td202"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td197"><P class="p18 ft2">pappersbolag.</P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td346"><P class="p206 ft2"><SPAN class="ft3">– </SPAN>lagen (2006:531) om särskild</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td197"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td346"><P class="p77 ft2">tillsyn över finansiella konglome-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 204px;margin-top: 1px;margin-bottom: 0px;" class="ft3"><SPAN class="ft2">rat</SPAN>, och</P>
<P class="p225 ft2"><SPAN class="ft3">– </SPAN>lagen (2014:968) om särskild tillsyn över kreditinstitut och värde- pappersbolag.</P>
<P class="p410 ft22">9 kap.</P>
<P class="p455 ft2">4 §<SPAN class="ft20">5</SPAN></P>
<P class="p88 ft2">Ett förvaringsinstitut för en <NOBR>EES-baserad</NOBR> alternativ investeringsfond ska vara</P>
<P class="p87 ft2">1. ett kreditinstitut som</P>
<P class="p65 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">har stadgeenligt säte inom EES, och</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">har tillstånd som avses i Europaparlamentets och rådets direktiv</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr4 td50"><P class="p18 ft2">2013/36/EU,</P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td138"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">2. ett värdepappersföretag som</P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td138"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p39 ft2">a) har stadgeenligt säte inom EES,</P></TD>
<TD class="tr4 td74"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td138"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p39 ft2">b) omfattas av kapitalkraven i</P></TD>
<TD class="tr5 td74"><P class="p456 ft2">b) omfattas</P></TD>
<TD class="tr5 td36"><P class="p18 ft2">av</P></TD>
<TD class="tr5 td138"><P class="p16 ft2">kapitalkraven i</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">enlighet med artikel 92 i förordning</P></TD>
<TD class="tr4 td74"><P class="p18 ft2">enlighet med</P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td138"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">(EU) nr 575/2013, och</P></TD>
<TD class="tr4 td74"><P class="p456 ft2"><SPAN class="ft3">– </SPAN>artikel 92</P></TD>
<TD class="tr4 td36"><P class="p18 ft2">i</P></TD>
<TD class="tr4 td138"><P class="p16 ft21">Europaparlamen-</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td85"><P class="p16 ft2"><SPAN class="ft3">tets och rådets </SPAN>förordning (EU) nr</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td145"><P class="p218 ft2">575/2013<SPAN class="ft3">, eller</SPAN></P></TD>
<TD class="tr4 td138"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p305 ft3"><SPAN class="ft3">–</SPAN><SPAN class="ft38">artikel 11 i Europaparlamen- tets och rådets förordning (EU) 2019/2033</SPAN><SPAN class="ft2">, och</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr5 td233"><P class="p39 ft2">c) har</P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td102"><P class="p23 ft31">tillstånd</P></TD>
<TD colspan=2 class="tr5 td140"><P class="p18 ft2">som</P></TD>
<TD class="tr5 td68"><P class="p18 ft2">avses</P></TD>
<TD class="tr5 td128"><P class="p107 ft2">i</P></TD>
<TD colspan=2 class="tr5 td54"><P class="p39 ft2">c) har</P></TD>
<TD class="tr5 td54"><P class="p291 ft2">tillstånd</P></TD>
<TD colspan=2 class="tr5 td12"><P class="p79 ft2">som</P></TD>
<TD class="tr5 td126"><P class="p18 ft31">avses</P></TD>
<TD class="tr5 td59"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td159"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft2">och</P></TD>
<TD colspan=2 class="tr4 td183"><P class="p107 ft2">rådets</P></TD>
<TD colspan=3 class="tr4 td100"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p247 ft2">och</P></TD>
<TD colspan=2 class="tr4 td89"><P class="p16 ft2">rådets</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">direktiv 2014/65/EU, inbegripet för</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">direktiv 2014/65/EU, inbegripet för</P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft2">att</P></TD>
<TD colspan=3 class="tr4 td148"><P class="p247 ft2">tillhandahålla</P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td74"><P class="p107 ft2">sidotjänster</P></TD>
<TD class="tr4 td69"><P class="p18 ft2">att</P></TD>
<TD colspan=2 class="tr4 td22"><P class="p29 ft2">tillhandahålla</P></TD>
<TD class="tr4 td17"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td235"><P class="p16 ft2">sidotjänster</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft2">avseende förvaring och hand-</P></TD>
<TD colspan=7 class="tr5 td85"><P class="p18 ft2">avseende förvaring och hand-</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">havande av finansiella instrument för</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft31">havande av finansiella instrument för</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">kunders räkning som avses i</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">kunders räkning som avses i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td233"><P class="p18 ft2">punkt 1</P></TD>
<TD class="tr5 td210"><P class="p32 ft2">i</P></TD>
<TD class="tr5 td102"><P class="p247 ft2">avsnitt B</P></TD>
<TD class="tr5 td36"><P class="p32 ft2">i</P></TD>
<TD colspan=2 class="tr5 td18"><P class="p80 ft2">bilaga I</P></TD>
<TD class="tr5 td128"><P class="p108 ft2">till</P></TD>
<TD colspan=2 class="tr5 td54"><P class="p18 ft2">punkt 1 i</P></TD>
<TD class="tr5 td54"><P class="p29 ft2">avsnitt B</P></TD>
<TD class="tr5 td17"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td24"><P class="p18 ft2">i bilaga I</P></TD>
<TD class="tr5 td59"><P class="p16 ft2">till</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">direktivet, och som har egna medel</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">direktivet, och som har egna medel</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">motsvarande det startkapital som</P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft2">motsvarande det startkapital som</P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft2">anges</P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft2">i</P></TD>
<TD colspan=2 class="tr5 td95"><P class="p80 ft3">artikel 28.2</P></TD>
<TD class="tr5 td11"><P class="p35 ft3">i</P></TD>
<TD colspan=2 class="tr5 td183"><P class="p107 ft3">direktiv</P></TD>
<TD colspan=3 class="tr5 td100"><P class="p18 ft3"><SPAN class="ft2">anges i </SPAN>artikel 9.1</P></TD>
<TD class="tr5 td17"><P class="p18 ft3">i</P></TD>
<TD colspan=3 class="tr5 td235"><P class="p16 ft21">Europaparla-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td159"><P class="p18 ft3">2013/36/EU<SPAN class="ft2">, eller</SPAN></P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft3">mentets och rådets direktiv (EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD colspan=7 class="tr4 td85"><P class="p18 ft21">2019/2034 av den 27 november 2019</P></TD>
</TR>
<TR>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td69"><P class="p18 ft3">om</P></TD>
<TD colspan=6 class="tr5 td137"><P class="p16 ft21">tillsyn av värdepappersföretag</P></TD>
</TR>
<TR>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td124"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td210"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td36"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td68"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td69"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td126"><P class="p48 ft3">om</P></TD>
<TD colspan=2 class="tr4 td97"><P class="p112 ft3">ändring</P></TD>
<TD class="tr4 td128"><P class="p247 ft3">av</P></TD>
<TD colspan=2 class="tr4 td89"><P class="p16 ft3">direk-</P></TD>
</TR>
</TABLE>
<TABLE cellpadding=0 cellspacing=0 class="t73">
<TR>
<TD class="tr5 td298"><P class="p243 ft3">tiven 2002/87/EG,</P></TD>
<TD class="tr5 td44"><P class="p18 ft3">2009/65/EG,</P></TD>
</TR>
<TR>
<TD class="tr4 td298"><P class="p243 ft3">2011/61/EU,</P></TD>
<TD class="tr4 td44"><P class="p18 ft3">2013/36/EU,</P></TD>
</TR>
<TR>
<TD class="tr17 td298"><P class="p18 ft29"><SPAN class="ft28">5 </SPAN>Senaste lydelse 2017:701.</P></TD>
<TD class="tr17 td44"><P class="p16 ft2">615</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_616" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:122px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173616x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">616</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: left;padding-left: 203px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft3">2014/59/EU och 2014/65/EU<SPAN class="ft2">, </SPAN>i den ursprungliga lydelsen<SPAN class="ft2">, eller</SPAN></P>
<P class="p124 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">ett annat institut som står under fortlöpande tillsyn och som den 21 juli 2011 hör till de kategorier som har godtagits såsom förvarings- institut enligt Europaparlamentets och rådets direktiv 2009/65/EG.</SPAN></P>
<P class="p122 ft2">Förvaringsinstitutet ska vara etablerat i den alternativa investerings- fondens hemland.</P>
<P style="text-align: left;padding-left: 11px;margin-top: 33px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_617" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 506px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P style="text-align: left;padding-right: 41px;margin-top: 0px;margin-bottom: 0px;" class="ft101">Förslag till lag om ändring i lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna</P>
<P style="text-align: left;padding-right: 13px;margin-top: 10px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs att 3 § lagen (2014:484) om en databas för övervak- ning av och tillsyn över finansmarknaderna ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 class="t49">
<TR>
<TD class="tr4 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p264 ft2">3 §<SPAN class="ft20">1</SPAN></P>
<P class="p109 ft2">I databasen får sådana uppgifter behandlas som har samlats in med stöd av</P>
<P class="p116 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">6 kap. 9 § första och andra styckena lagen (1988:1385) om Sveriges riksbank,</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">9 kap. 3 § första stycket lagen (1998:1479) om värdepapperscentraler och kontoföring av finansiella instrument,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">10 kap. 2 § första stycket lagen (2004:46) om värdepappersfonder,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">13 kap. 3 § lagen (2004:297) om bank- och finansieringsrörelse,</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">8 kap. 5 § första stycket lagen (2018:1219) om försäkrings- distribution,</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">5 kap. 10 och 11 §§ lagen (2006:531) om särskild tillsyn över finansiella konglomerat,</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft17">23 kap. 2 § första stycket lagen (2007:528) om värdepappers- marknaden,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft17">8 kap. 2 § lagen (2010:751) om betaltjänster,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft17">17 kap. 5 § försäkringsrörelselagen (2010:2043),</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft17">5 kap. 2 § lagen (2011:755) om elektroniska pengar,</SPAN></P>
<P class="p109 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">13 kap. 6 § första stycket lagen (2013:561) om förvaltare av alternativa investeringsfonder,</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">6 kap. 1 § lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag,</SPAN></P>
<P style="text-align: left;padding-right: 12px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft16">6 kap. 2 § lagen (2017:230) om Pensionsmyndighetens försäkrings- verksamhet i premiepensionssystemet,</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr5 td91"><P class="p39 ft2">14. 14 kap.</P></TD>
<TD class="tr5 td102"><P class="p18 ft2">5 § lagen</P></TD>
<TD colspan=2 class="tr5 td235"><P class="p108 ft2">(2019:742)</P></TD>
<TD colspan=2 class="tr5 td79"><P class="p39 ft2">14. 14 kap. 5 § lagen</P></TD>
<TD colspan=2 class="tr5 td183"><P class="p16 ft2">(2019:742)</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td198"><P class="p18 ft31">om tjänstepensionsföretag, <SPAN class="ft21">och</SPAN></P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td236"><P class="p18 ft2">om tjänstepensionsföretag,</P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td267"><P class="p39 ft2">15. artiklarna <NOBR>99–101,</NOBR></P></TD>
<TD class="tr4 td135"><P class="p207 ft2">394,</P></TD>
<TD class="tr4 td62"><P class="p108 ft2">415,</P></TD>
<TD colspan=2 class="tr4 td79"><P class="p39 ft2">15. artiklarna <NOBR>99–101,</NOBR></P></TD>
<TD colspan=2 class="tr4 td183"><P class="p16 ft2">394, 415,</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td50"><P class="p18 ft2">416, 430 och 451 i Europaparla-</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">416, 430 och 451 i Europaparla-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">mentets och rådets förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p18 ft2">nr 575/2013 av den 26 juni 2013</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">nr 575/2013 av den 26 juni 2013</P></TD>
</TR>
<TR>
<TD class="tr5 td113"><P class="p18 ft2">om</P></TD>
<TD colspan=4 class="tr5 td167"><P class="p107 ft2">tillsynskrav för kreditinstitut</P></TD>
<TD class="tr5 td195"><P class="p18 ft2">om tillsynskrav för</P></TD>
<TD colspan=3 class="tr5 td71"><P class="p16 ft2">kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft3">och</P></TD>
<TD colspan=4 class="tr4 td167"><P class="p107 ft3">värdepappersföretag <SPAN class="ft2">och om</SPAN></P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td91"><P class="p18 ft2">ändring av</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p249 ft2">förordning</P></TD>
<TD class="tr4 td62"><P class="p107 ft2">(EU)</P></TD>
<TD class="tr4 td195"><P class="p18 ft2">nr 648/2012<SPAN class="ft3">, och</SPAN></P></TD>
<TD class="tr4 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td91"><P class="p18 ft2">nr 648/2012<SPAN class="ft3">.</SPAN></P></TD>
<TD class="tr5 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td195"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td203"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td140"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td195"><P class="p39 ft3">16. artiklarna 54</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td140"><P class="p16 ft3">55 i</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td195"><P class="p18 ft3">Europaparlamentets</P></TD>
<TD colspan=2 class="tr4 td12"><P class="p80 ft3">och</P></TD>
<TD class="tr4 td140"><P class="p16 ft3">rådets</P></TD>
</TR>
<TR>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft21">förordning (EU) 2019/2033 av den</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td135"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft3">27 november 2019 om tillsynskrav</P></TD>
</TR>
</TABLE>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 38px 0px 0px 0px;padding: 0px;border:none;width: 505px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t17">
<TR>
<TD class="tr2 td157"><P class="p18 ft29"><SPAN class="ft28">1 </SPAN>Senaste lydelse 2019:769.</P></TD>
<TD class="tr2 td50"><P class="p16 ft2">617</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_618" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="position:absolute;top:92px;left:127px;z-index:-1;width:123px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173618x1.jpg/" style="width:123px;height:1px;">
</DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 138px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 26px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">618</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 450px;overflow: hidden;">
<P style="text-align: justify;padding-left: 192px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;" class="ft3">för värdepappersföretag och om ändring av förordningarna (EU) nr 1093/2010, (EU) nr 575/2013, (EU) nr 600/2014 och (EU) nr 806/2014.</P>
<P class="p871 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_619" style="position:relative; overflow: hidden;margin: 53px 0px 76px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 40px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2015:1016) om resolution</P>
<P style="text-align: left;padding-top: 2px;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs<SPAN class="ft20">1 </SPAN>att 2 kap. 1 § och 27 kap. 13 och 14 §§ lagen (2015:1016) om resolution ska ha följande lydelse.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 14px 0px 0px 0px;padding: 0px;border:none;width: 556px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P class="p389 ft22"><SPAN class="ft22">2</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">1 §</SPAN><SPAN class="ft20">2</SPAN></P>
<P class="p65 ft2">I denna lag avses med</P>
<P class="p89 ft2"><SPAN class="ft3">anmält avvecklingssystem</SPAN>: ett anmält avvecklingssystem enligt 2 § lagen (1999:1309) om system för avveckling av förpliktelser på finans- marknaden,</P>
<P class="p89 ft2"><SPAN class="ft3">bankdag</SPAN>: en dag som inte är en lördag, en söndag, midsommarafton, julafton eller nyårsafton eller en allmän helgdag,</P>
<P class="p94 ft2"><SPAN class="ft3">behörig myndighet</SPAN>: i Sverige Finansinspektionen och i fråga om övriga länder inom EES en behörig myndighet enligt definitionen i artikel 4.1.40 i tillsynsförordningen, inbegripet Europeiska centralbanken när det gäller de särskilda uppgifter som den tilldelas genom rådets förordning (EU) nr 1024/2013 av den 15 oktober 2013 om tilldelning av särskilda uppgifter till Europeiska centralbanken i fråga om politiken för tillsyn över kredit- institut, i den ursprungliga lydelsen,</P>
<P class="p420 ft2"><SPAN class="ft3">berörd myndighet</SPAN>: i Sverige Finansinspektionen och i fråga om övriga länder inom EES, den myndighet som länderna identifierat enligt artikel 61.2 i krishanteringsdirektivet,</P>
<P class="p89 ft2"><SPAN class="ft3">betydande filial</SPAN>: en filial som är betydande enligt artikel 51.1 i kapital- täckningsdirektivet,</P>
<P class="p92 ft2"><SPAN class="ft3">blandat finansiellt holdingföretag</SPAN>: ett holdingföretag enligt arti- kel 4.1.21 i tillsynsförordningen,</P>
<P class="p89 ft3">blandat finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat blandat finansiellt holdingföretag som inte självt är ett dotter- företag till ett</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">institut eller ett </SPAN><NOBR>EES-institut</NOBR> som auktoriserats i något land inom EES,</P>
<P class="p14 ft2">eller</P>
<P class="p91 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">annat blandat finansiellt holdingföretag eller ett finansiellt holding- företag som är etablerat i något land inom EES,</SPAN></P>
<P class="p88 ft2"><SPAN class="ft3">dotterföretag</SPAN>: ett dotterföretag enligt artikel 4.1.16 i tillsynsförord- ningen,</P>
<P class="p87 ft2"><SPAN class="ft3">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p88 ft2"><NOBR><SPAN class="ft3">EES-filial</SPAN>:</NOBR> en filial till ett tredjelandsinstitut som är etablerad i ett land inom EES,</P>
<P class="p466 ft43"><SPAN class="ft25">1</SPAN><SPAN class="ft77">Jfr Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2019/2034.</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t67">
<TR>
<TD class="tr2 td82"><P class="p18 ft29"><SPAN class="ft28">2 </SPAN>Senaste lydelse 2020:1214.</P></TD>
<TD class="tr2 td83"><P class="p16 ft2">619</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_620" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">620</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p123 ft2"><NOBR><SPAN class="ft3">EES-institut</SPAN>:</NOBR> ett institut enligt artikel 4.1.3 i tillsynsförordningen som är hemmahörande i ett annat land inom EES än Sverige,</P>
<P class="p65 ft2"><SPAN class="ft3">filial</SPAN>: en filial enligt artikel 4.1.17 i tillsynsförordningen,</P>
<P class="p122 ft2"><SPAN class="ft3">finansiellt holdingföretag</SPAN>: ett holdingföretag enligt artikel 4.1.20 i tillsynsförordningen,</P>
<P class="p65 ft2"><SPAN class="ft3">finansiellt institut</SPAN>: ett företag enligt artikel 4.1.26 i tillsynsförordningen,</P>
<P class="p87 ft2"><SPAN class="ft3">finansieringsplan</SPAN>: en plan enligt artikel 107 i krishanteringsdirektivet,</P>
<P class="p123 ft3">finansiellt moderholdingföretag inom EES<SPAN class="ft2">: ett inom EES etablerat finansiellt holdingföretag som inte självt är ett dotterföretag till ett</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">institut eller ett </SPAN><NOBR>EES-institut</NOBR> som auktoriserats i något land inom EES,</P>
<P class="p14 ft2">eller</P>
<P class="p123 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">annat finansiellt holdingföretag eller ett blandat finansiellt holding- företag som är etablerat i något land inom EES,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft3">finansieringsarrangemang</SPAN>: ett arrangemang för finansiering av kostnader för resolution som upprättats av ett land inom EES enligt artikel 100 i krishanteringsdirektivet,</P>
<P class="p121 ft3">förordningen om resolutionsavgifter<SPAN class="ft2">: kommissionens delegerade förordning (EU) 2015/63 om komplettering av Europaparlamentets och rådets direktiv 2014/59/EU av den 21 oktober 2014 avseende förhands-</SPAN></P>
<P class="p102 ft2">bidrag till finansieringsarrangemang för resolution,</P>
<P class="p123 ft2"><SPAN class="ft3">garanterad insättning</SPAN>: en insättning som omfattas av insättnings- garantin enligt 4 och 4 c §§ lagen (1995:1571) om insättningsgaranti,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=3 class="tr5 td109"><P class="p108 ft2"><SPAN class="ft24">gruppbaserad</SPAN>: som är gjord på</P></TD>
<TD colspan=3 class="tr5 td110"><P class="p16 ft2"><SPAN class="ft24">gruppbaserad</SPAN>: som är gjord på</P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft2">grundval</P></TD>
<TD class="tr4 td98"><P class="p271 ft2">av den</P></TD>
<TD class="tr4 td77"><P class="p108 ft2">konsoliderade</P></TD>
<TD class="tr4 td183"><P class="p18 ft2">grundval</P></TD>
<TD class="tr4 td102"><P class="p18 ft2">av den</P></TD>
<TD class="tr4 td91"><P class="p16 ft2">konsoliderade</P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft31">situationen</P></TD>
<TD class="tr4 td98"><P class="p448 ft2">enligt</P></TD>
<TD class="tr4 td77"><P class="p108 ft2">artikel 4.1.47 i</P></TD>
<TD class="tr4 td183"><P class="p18 ft2">situationen</P></TD>
<TD colspan=2 class="tr4 td267"><P class="p16 ft2">enligt artikel 4.1.47 i</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p18 ft2">tillsynsförordningen,</P></TD>
<TD colspan=2 class="tr5 td152"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr5 td91"><P class="p16 ft3">eller arti-</P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td77"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td110"><P class="p16 ft21">kel 4.1.11 i värdepappersbolagsför-</P></TD>
</TR>
<TR>
<TD class="tr4 td24"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td98"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td77"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td183"><P class="p18 ft3">ordningen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td102"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td91"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p121 ft2"><SPAN class="ft3">gränsöverskridande koncern</SPAN>: en koncern med moder- och dotterföretag i flera länder inom EES,</P>
<P class="p87 ft3">holdingföretag med blandad verksamhet<SPAN class="ft2">: ett holdingföretag enligt</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2">artikel 4.1.22 i tillsynsförordningen,</P></TD>
<TD class="tr4 td160"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=7 class="tr4 td300"><P class="p468 ft31"><SPAN class="ft21">institut</SPAN>: kreditinstitut och värdepappersbolag,</P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p108 ft2"><SPAN class="ft24">kapitalbas</SPAN>: detsamma som avses</P></TD>
<TD colspan=2 class="tr4 td148"><P class="p48 ft3"><SPAN class="ft24">kapitalbas</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td109"><P class="p18 ft2">i artikel 72 i tillsynsförordningen,</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p48 ft21">1. för kreditinstitut, <SPAN class="ft31">detsamma som</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">avses i artikel 72 i tillsynsförord-</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td148"><P class="p18 ft2">ningen <SPAN class="ft3">och</SPAN></P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td125"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td160"><P class="p48 ft3">2. för</P></TD>
<TD colspan=3 class="tr5 td159"><P class="p32 ft21">värdepappersbolag,</P></TD>
<TD colspan=2 class="tr5 td135"><P class="p16 ft3">det-</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td160"><P class="p18 ft3">samma</P></TD>
<TD class="tr4 td190"><P class="p18 ft3">som</P></TD>
<TD class="tr4 td62"><P class="p37 ft3">avses</P></TD>
<TD colspan=2 class="tr4 td95"><P class="p18 ft3">i artikel 9</P></TD>
<TD class="tr4 td273"><P class="p16 ft3">i</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td156"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td252"><P class="p18 ft21">värdepappersbolagsförordningen<SPAN class="ft31">,</SPAN></P></TD>
<TD class="tr4 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td70"><P class="p39 ft3"><SPAN class="ft24">kapitaltäckningsdirektivet</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr5 td88"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td163"><P class="p48 ft21"><SPAN class="ft30">kapitaltäckningsdirektivet</SPAN><SPAN class="ft31">:</SPAN></P></TD>
<TD class="tr5 td190"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td273"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td112"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td127"><P class="p448 ft31">och</P></TD>
<TD colspan=2 class="tr4 td97"><P class="p108 ft2">rådets</P></TD>
<TD colspan=3 class="tr4 td202"><P class="p18 ft2">Europaparlamentets</P></TD>
<TD class="tr4 td125"><P class="p32 ft2">och</P></TD>
<TD colspan=2 class="tr4 td135"><P class="p16 ft31">rådets</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">direktiv 2013/36/EU av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td109"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">2013 om behörighet att utöva</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td109"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">verksamhet i kreditinstitut och om</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft2">tillsyn av</P></TD>
<TD colspan=3 class="tr4 td145"><P class="p77 ft2">kreditinstitut</P></TD>
<TD class="tr4 td88"><P class="p108 ft21">och</P></TD>
<TD colspan=6 class="tr4 td110"><P class="p18 ft2">tillsyn av kreditinstitut, om ändring</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td112"><P class="p18 ft3">värdepappersföretag<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td127"><P class="p448 ft2">om</P></TD>
<TD colspan=2 class="tr5 td97"><P class="p108 ft2">ändring</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">av direktiv 2002/87/EG och om</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td301"><P class="p18 ft2">av direktiv 2002/87/EG</P></TD>
<TD class="tr4 td190"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td88"><P class="p108 ft2">om</P></TD>
<TD colspan=2 class="tr4 td148"><P class="p18 ft2">upphävande</P></TD>
<TD class="tr4 td62"><P class="p206 ft2">av</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p16 ft3">direktiven</P></TD>
</TR>
<TR>
<TD class="tr4 td148"><P class="p18 ft2">upphävande</P></TD>
<TD class="tr4 td156"><P class="p469 ft2">av</P></TD>
<TD class="tr4 td127"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td97"><P class="p108 ft3">direktiv</P></TD>
<TD colspan=2 class="tr4 td148"><P class="p18 ft2">2006/48/EG</P></TD>
<TD colspan=3 class="tr4 td159"><P class="p18 ft2">och 2006/49/EG,</P></TD>
<TD class="tr4 td273"><P class="p16 ft2">i</P></TD>
</TR>
<TR>
<TD class="tr5 td148"><P class="p18 ft2">2006/48/EG</P></TD>
<TD colspan=4 class="tr5 td26"><P class="p108 ft2">och 2006/49/EG, i</P></TD>
<TD colspan=6 class="tr5 td110"><P class="p18 ft2">lydelsen enligt Europaparlamentets</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_621" style="position:relative; overflow: hidden;margin: 51px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV style="position:absolute;top:79px;left:204px;width:189px;height:120px;"><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">: </SPAN><SPAN class="ft3">ett kreditinstitut </SPAN><SPAN class="ft2">enligt lagen (2004:297) om bank- och finansieringsrörelse </SPAN><SPAN class="ft3">och ett sådant värdepappersbolag som avses i 1 kap. 2 § första stycket 7 c lagen (2014:968) om särskild tillsyn över kreditinstitut och värde- pappersbolag</SPAN><SPAN class="ft2">,</SPAN></DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr2 td64"><P class="p18 ft2">lydelsen enligt Europaparlamentets</P></TD>
<TD class="tr2 td122"><P class="p77 ft2">och</P></TD>
<TD class="tr2 td132"><P class="p18 ft2">rådets</P></TD>
<TD class="tr2 td55"><P class="p18 ft2">direktiv</P></TD>
<TD class="tr2 td113"><P class="p18 ft2">(EU)</P></TD>
</TR>
<TR>
<TD class="tr4 td64"><P class="p18 ft2">och rådets direktiv (EU) <SPAN class="ft3">2019/878</SPAN>,</P></TD>
<TD colspan=2 class="tr4 td57"><P class="p77 ft3">2019/2034<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr4 td55"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p65 ft2"><SPAN class="ft3">koncern</SPAN>: ett moderföretag och dess dotterföretag,</P>
<P class="p105 ft2"><SPAN class="ft3">koncernresolutionsordning</SPAN>: en plan enligt artikel 91.6 i krishanterings- direktivet,</P>
<P class="p65 ft3"><SPAN class="ft24">kreditinstitut</SPAN><SPAN class="ft2">: </SPAN>banker och kredit-</P>
<P class="p470 ft3">marknadsföretag <SPAN class="ft2">enligt lagen (2004:297) om bank- och finan- sieringsrörelse,</SPAN></P>
<P class="p471 ft3">krisavvärjande åtgärd<SPAN class="ft2">:</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">en åtgärd för att undanröja väsentliga brister eller väsentliga hinder för återhämtning enligt 6 a kap. 6 och 7 §§ lagen om bank- och finansieringsrörelse och 8 a kap. 7 och 8 §§ lagen (2007:528) om värde- pappersmarknaden,</SPAN></P>
<P class="p184 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft17">en åtgärd för att undanröja eller minska väsentliga hinder för rekonstruktion eller avveckling enligt 3 kap. </SPAN><NOBR>3–5</NOBR> och <NOBR>12–24</NOBR> §§,</P>
<P class="p103 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft17">en åtgärd som enligt beslut av Finansinspektionen är en kris- avvärjande åtgärd enligt 15 kap. 2 c § lagen om bank- och finansierings- rörelse eller 25 kap. 2 c § lagen om värdepappersmarknaden,</SPAN></P>
<P class="p105 ft2"><SPAN class="ft2">d)</SPAN><SPAN class="ft17">ett beslut av Finansinspektionen om att tillsätta en tillfällig förvaltare enligt 15 a kap. lagen om bank- och finansieringsrörelse eller 25 a kap. lagen om värdepappersmarknaden, eller</SPAN></P>
<P class="p116 ft2"><SPAN class="ft2">e)</SPAN><SPAN class="ft17">nedskrivning eller konvertering av relevanta kapitalinstrument enligt 6 kap.,</SPAN></P>
<P class="p215 ft2"><SPAN class="ft3">krishanteringsdirektivet</SPAN>: Europaparlamentets och rådets direktiv 2014/59/EU av den 15 maj 2014 om inrättande av en ram för återhämtning och resolution av kreditinstitut och värdepappersföretag och om ändring av rådets direktiv 82/891/EEG och Europaparlamentets och rådets direktiv 2001/24/EG, 2002/47/EG, 2004/25/EG, 2005/56/EG, 2007/36/EG, 2011/35/EU, 2012/30/EU och 2013/36/EU samt Europaparlamentets och rådets förordningar (EU) nr 1093/2010 och (EU) nr 648/2012, i den ursprungliga lydelsen,</P>
<P class="p472 ft31"><SPAN class="ft21">kritisk verksamhet</SPAN>: en tjänst eller en transaktion som, om den upphörde, sannolikt skulle leda till en allvarlig störning i det finansiella systemet,</P>
<P class="p109 ft2"><SPAN class="ft3">kvalificerad insättning</SPAN>: en insättning enligt lagen om insättningsgaranti som inte är undantagen enligt 4 b eller 5 § den lagen,</P>
<P class="p116 ft2"><SPAN class="ft3">kärnprimärkapitalinstrument</SPAN>: kapitalinstrument som uppfyller villkoren i artikel <NOBR>28.1–28.4,</NOBR> <NOBR>29.1–29.5</NOBR> eller 31.1 i tillsynsförordningen,</P>
<P class="p116 ft2"><SPAN class="ft3">moderföretag</SPAN>: ett moderföretag enligt artikel 4.1.15 a i tillsyns- förordningen,</P>
<P class="p103 ft2"><SPAN class="ft3">moderföretag inom EES</SPAN>: ett moderinstitut inom EES, ett finansiellt moderholdingföretag inom EES eller ett blandat finansiellt moderholding- företag inom EES,</P>
<P class="p105 ft2"><SPAN class="ft3">moderföretag i tredjeland</SPAN>: ett moderinstitut, ett finansiellt moder- holdingföretag eller ett blandat finansiellt moderholdingföretag som är hemmahörande i ett land utanför EES,</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">621</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_622" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">622</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p123 ft2"><SPAN class="ft3">moderinstitut inom EES</SPAN>: ett institut eller ett <NOBR>EES-institut</NOBR> som är ett moderföretag och som inte självt är ett dotterföretag till ett</P>
<P class="p65 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">annat institut eller ett </SPAN><NOBR>EES-institut,</NOBR> eller</P>
<P class="p122 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">finansiellt holdingföretag eller ett blandat finansiellt holdingföretag som är etablerat i något land inom EES,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft3">relevanta kapitalinstrument</SPAN>: övriga primärkapitalinstrument och supplementärkapitalinstrument,</P>
<P class="p121 ft2"><SPAN class="ft3">resolutionsförfarande i tredjeland</SPAN>: en åtgärd som enligt rätten i ett land utanför EES syftar till att hantera en kris i ett tredjelandsinstitut eller i ett moderföretag i tredjeland, om åtgärden är jämförbar med sådana resolutionsåtgärder som får vidtas enligt denna lag i fråga om ändamål och förväntat resultat,</P>
<P class="p937 ft2"><SPAN class="ft3">resolutionskollegium</SPAN>: ett resolutionskollegium enligt artikel 88 i krishanteringsdirektivet,</P>
<P class="p65 ft2"><SPAN class="ft3">resolutionsåtgärd</SPAN>: någon av de åtgärder som anges i 12 kap. 1 §,</P>
<P class="p122 ft2"><SPAN class="ft3">samordnande berörd myndighet</SPAN>: den berörda myndigheten i samma land inom EES som den samordnande tillsynsmyndigheten,</P>
<P class="p123 ft2"><SPAN class="ft3">samordnande resolutionsmyndighet</SPAN>: resolutionsmyndigheten i samma land inom EES som den samordnande tillsynsmyndigheten,</P>
<P class="p996 ft31"><SPAN class="ft21">samordnande tillsynsmyndighet</SPAN>: en behörig myndighet som ansvarar för att utöva gruppbaserad tillsyn av moderinstitut inom EES och av institut som kontrolleras av finansiella moderholdingföretag inom EES eller blandade</P>
<P style="text-align: left;padding-left: 11px;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;text-indent: -10px;" class="ft2">finansiella moderholdingföretag inom EES, <SPAN class="ft3">supplementärkapitalinstrument</SPAN>: kapitalinstrument och efterställda lån</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=5 class="tr5 td111"><P class="p18 ft2">som uppfyller villkoren i artikel 63 i tillsynsförordningen,</P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td208"><P class="p39 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD class="tr4 td230"><P class="p108 ft2">Europa-</P></TD>
<TD colspan=3 class="tr4 td139"><P class="p48 ft3"><SPAN class="ft24">tillsynsförordningen</SPAN><SPAN class="ft2">:</SPAN></P></TD>
<TD colspan=2 class="tr4 td156"><P class="p16 ft2">Europa-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td208"><P class="p18 ft2">(EU) nr 575/2013 av den</P></TD>
<TD class="tr4 td230"><P class="p108 ft2">26 juni</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft2">(EU) nr 575/2013 av den 26 juni</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td109"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD colspan=5 class="tr5 td110"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft2">institut <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=2 class="tr4 td14"><P class="p108 ft3">värdepappersföretag</P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft2">institut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
<TD colspan=4 class="tr4 td137"><P class="p18 ft2">förordning (EU) nr 648/2012,</P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td95"><P class="p18 ft2">nr 648/2012,</P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td72"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p108 ft3"><SPAN class="ft24">tillsynskollegium</SPAN><SPAN class="ft2">: ett tillsyns-</SPAN></P></TD>
<TD colspan=5 class="tr4 td110"><P class="p16 ft3"><SPAN class="ft24">tillsynskollegium</SPAN><SPAN class="ft2">: ett tillsyns-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft2">kollegium</P></TD>
<TD colspan=2 class="tr4 td14"><P class="p108 ft2">enligt artikel 116 i</P></TD>
<TD class="tr4 td72"><P class="p18 ft2">kollegium</P></TD>
<TD class="tr4 td89"><P class="p18 ft2">enligt</P></TD>
<TD colspan=3 class="tr4 td148"><P class="p16 ft2">artikel 116 i</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td208"><P class="p18 ft2">kapitaltäckningsdirektivet,</P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td139"><P class="p18 ft2">kapitaltäckningsdirektivet</P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p16 ft3">eller</P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td72"><P class="p18 ft3">artikel 48 i</P></TD>
<TD colspan=4 class="tr4 td187"><P class="p16 ft3">Europaparlamentets</P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft21">och rådets direktiv (EU) 2019/2034</P></TD>
</TR>
<TR>
<TD class="tr5 td95"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr5 td110"><P class="p18 ft21">av den 27 november 2019 om tillsyn</P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr4 td139"><P class="p18 ft3">av värdepappersföretag</P></TD>
<TD class="tr4 td11"><P class="p18 ft3">och</P></TD>
<TD class="tr4 td123"><P class="p16 ft3">om</P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD colspan=5 class="tr4 td110"><P class="p18 ft21">ändring av direktiven 2002/87/EG,</P></TD>
</TR>
<TR>
<TD class="tr5 td95"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td72"><P class="p18 ft21">2009/65/EG,</P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td148"><P class="p16 ft3">2011/61/EU,</P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td72"><P class="p18 ft21">2013/36/EU,</P></TD>
<TD colspan=3 class="tr4 td130"><P class="p160 ft3">2014/59/EU</P></TD>
<TD class="tr4 td123"><P class="p16 ft3">och</P></TD>
</TR>
<TR>
<TD class="tr4 td95"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td72"><P class="p18 ft21">2014/65/EU,</P></TD>
<TD class="tr4 td89"><P class="p81 ft3">i den</P></TD>
<TD colspan=3 class="tr4 td148"><P class="p16 ft3">ursprungliga</P></TD>
</TR>
<TR>
<TD class="tr5 td95"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td65"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td230"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td72"><P class="p18 ft3">lydelsen<SPAN class="ft2">,</SPAN></P></TD>
<TD class="tr5 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td123"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p682 ft31"><SPAN class="ft21">tredjelandsinstitut</SPAN>: ett företag som har sitt huvudkontor i ett land utanför EES och som skulle vara ett institut om det var hemmahörande inom EES,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr5 td262"><P class="p39 ft3"><SPAN class="ft24">värdepappersbolag</SPAN><SPAN class="ft2">: ett</SPAN></P></TD>
<TD class="tr5 td18"><P class="p108 ft31">svenskt</P></TD>
<TD class="tr5 td115"><P class="p48 ft3"><SPAN class="ft24">värdepappersbolag</SPAN><SPAN class="ft2">: ett</SPAN></P></TD>
<TD class="tr5 td125"><P class="p16 ft31">svenskt</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td109"><P class="p18 ft2">aktiebolag som har tillstånd att</P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">aktiebolag som har tillstånd att</P></TD>
</TR>
<TR>
<TD class="tr4 td12"><P class="p18 ft2">driva</P></TD>
<TD class="tr4 td152"><P class="p37 ft2">värdepappersrörelse</P></TD>
<TD class="tr4 td18"><P class="p108 ft2">enligt</P></TD>
<TD class="tr4 td115"><P class="p18 ft2">driva värdepappersrörelse</P></TD>
<TD class="tr4 td125"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD class="tr5 td12"><P class="p18 ft2">lagen</P></TD>
<TD colspan=2 class="tr5 td180"><P class="p108 ft2">om värdepappersmarknaden<SPAN class="ft3">,</SPAN></P></TD>
<TD colspan=2 class="tr5 td110"><P class="p16 ft2">lagen om värdepappersmarknaden,</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td262"><P class="p18 ft2">om det har tillstånd</P></TD>
<TD class="tr4 td18"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td110"><P class="p16 ft2">om det har tillstånd för någon av de</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_623" style="position:relative; overflow: hidden;margin: 53px 0px 79px 0px;padding: 0px;border: none;width: 624px;">
<DIV style="border:none;margin: 0px 0px 0px 68px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 191px;overflow: hidden;">
<P class="p481 ft2"><SPAN class="ft3">a)</SPAN><SPAN class="ft17">för någon av de tjänster som anges i 2 kap. 1 § 3</SPAN><SPAN class="ft3">, </SPAN>6<SPAN class="ft3">, 7, 8 och 9 </SPAN>den lagen,</P>
<P class="p192 ft21"><SPAN class="ft3">b)</SPAN><SPAN class="ft62">att som sidotjänst förvara finansiella instrument för kunders räkning och ta emot medel med redovisningsskyldighet enligt 2 kap. 2 § första stycket 1 den lagen, eller</SPAN></P>
<P class="p482 ft3"><SPAN class="ft3">c)</SPAN><SPAN class="ft38">att som sidotjänst ta emot kunders medel på konto för att underlätta värdepappersrörelsen enligt 2 kap. 2 § första stycket 8 den lagen, och</SPAN></P>
</DIV>
<DIV style="float:left;border:none;margin: 1px 0px 0px 13px;padding: 0px;border:none;width: 189px;overflow: hidden;">
<P class="p14 ft2">tjänster som anges i 2 kap. 1 § 3 <SPAN class="ft3">eller </SPAN>6 den lagen,</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 624px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t77">
<TR>
<TD colspan=2 class="tr5 td162"><P class="p39 ft24">värdepappersbolagsförord-</P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td53"><P class="p18 ft3"><SPAN class="ft24">ningen</SPAN>:</P></TD>
<TD class="tr4 td76"><P class="p18 ft3">Europaparlamentets</P></TD>
<TD class="tr4 td113"><P class="p16 ft3">och</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td85"><P class="p18 ft21">rådets förordning (EU) 2019/2033 av</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td162"><P class="p18 ft3">den 27 november 2019 om</P></TD>
<TD class="tr5 td113"><P class="p16 ft3">till-</P></TD>
</TR>
<TR>
<TD class="tr4 td53"><P class="p18 ft3">synskrav</P></TD>
<TD colspan=2 class="tr4 td133"><P class="p16 ft3">för värdepappersföretag</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td85"><P class="p18 ft21">och om ändring av förordningarna</P></TD>
</TR>
<TR>
<TD class="tr5 td53"><P class="p18 ft3">(EU)</P></TD>
<TD class="tr5 td76"><P class="p43 ft3">nr 1093/2010,</P></TD>
<TD class="tr5 td113"><P class="p16 ft21">(EU)</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td85"><P class="p18 ft21">nr 575/2013, (EU) nr 600/2014 och</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td162"><P class="p18 ft3">(EU) nr 806/2014, och</P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p483 ft2"><SPAN class="ft3">övriga primärkapitalinstrument</SPAN>: kapitalinstrument som uppfyller vill- koren i artikel 52.1 i tillsynsförordningen.</P>
<P class="p484 ft22"><SPAN class="ft35">27</SPAN><SPAN class="ft36">kap.</SPAN></P>
<P class="p485 ft2">13 §<SPAN class="ft20">3</SPAN></P>
<P class="p170 ft2">Avgiftsskyldiga ska betala årliga resolutionsavgifter. De sammanlagda resolutionsavgifterna för ett år ska uppgå till 0,05 procent av det totala underlag för samtliga avgiftsskyldiga som beräknas enligt 14 § (avgiftsunderlaget).</P>
<P class="p486 ft31">Om inte annat följer av tredje stycket fastställs den resolutionsavgift som en avgiftsskyldig ska betala i enlighet med förordningen om resolutions-</P>
<TABLE cellpadding=0 cellspacing=0 class="t25">
<TR height=0>
<TD width=25px></TD>
<TD width=15px></TD>
<TD width=14px></TD>
<TD width=17px></TD>
<TD width=36px></TD>
<TD width=34px></TD>
<TD width=25px></TD>
<TD width=38px></TD>
<TD width=70px></TD>
<TD width=56px></TD>
<TD width=37px></TD>
<TD width=26px></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td54"><P class="p18 ft2">avgifter.</P></TD>
<TD class="tr4 td181"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td12"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td140"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td123"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td114"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td125"><P class="p39 ft2">Det</P></TD>
<TD colspan=2 class="tr4 td68"><P class="p18 ft2">som</P></TD>
<TD colspan=3 class="tr4 td138"><P class="p18 ft2">i artiklarna 4.1,</P></TD>
<TD class="tr4 td114"><P class="p108 ft2"><NOBR>6–9,</NOBR></P></TD>
<TD class="tr4 td71"><P class="p39 ft2">Det som</P></TD>
<TD colspan=2 class="tr4 td174"><P class="p18 ft2">i artiklarna 4.1,</P></TD>
<TD class="tr4 td113"><P class="p16 ft2"><NOBR>6–9,</NOBR></P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft2">12.1, 14.2, 14.3, 14.6 och 17.2 i</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2">12.1, 14.2, 14.3, 14.6 och 17.2 i</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td32"><P class="p18 ft2">förordningen</P></TD>
<TD class="tr4 td12"><P class="p16 ft2">om</P></TD>
<TD colspan=3 class="tr4 td77"><P class="p107 ft2">resolutions-</P></TD>
<TD class="tr4 td71"><P class="p18 ft2">förordningen</P></TD>
<TD class="tr4 td132"><P class="p45 ft2">om</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p16 ft31">resolutions-</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">avgifter anges om metoden för risk-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">avgifter anges om metoden för risk-</P></TD>
</TR>
<TR>
<TD colspan=3 class="tr5 td54"><P class="p18 ft2">justering</P></TD>
<TD class="tr5 td181"><P class="p18 ft2">av</P></TD>
<TD colspan=3 class="tr5 td138"><P class="p79 ft2">resolutionsavgift</P></TD>
<TD class="tr5 td114"><P class="p107 ft2">och</P></TD>
<TD class="tr5 td71"><P class="p18 ft2">justering av</P></TD>
<TD colspan=2 class="tr5 td174"><P class="p37 ft31">resolutionsavgift</P></TD>
<TD class="tr5 td113"><P class="p16 ft2">och</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft2">om</P></TD>
<TD colspan=5 class="tr4 td242"><P class="p37 ft2">uppgiftsskyldighet,</P></TD>
<TD class="tr4 td123"><P class="p18 ft2">ska</P></TD>
<TD class="tr4 td114"><P class="p107 ft2">inte</P></TD>
<TD colspan=3 class="tr4 td162"><P class="p18 ft2">om uppgiftsskyldighet, ska</P></TD>
<TD class="tr4 td113"><P class="p16 ft2">inte</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft2">tillämpas för <NOBR>EES-filialer</NOBR> <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">tillämpas för <NOBR>EES-filialer.</NOBR> För <SPAN class="ft3">EES-</SPAN></P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td136"><P class="p18 ft3">värdepappersbolag</P></TD>
<TD class="tr5 td140"><P class="p448 ft3">som</P></TD>
<TD colspan=2 class="tr5 td35"><P class="p107 ft3">omfattas</P></TD>
<TD colspan=4 class="tr5 td85"><P class="p18 ft2"><SPAN class="ft3">filialer </SPAN>ska riskjustering av resolu-</P></TD>
</TR>
<TR>
<TD class="tr4 td123"><P class="p18 ft3">av</P></TD>
<TD colspan=4 class="tr4 td38"><P class="p182 ft3">definitionen i</P></TD>
<TD colspan=3 class="tr4 td77"><P class="p108 ft3">artikel 96.1 a</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">tionsavgift ske i enlighet med de</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr4 td50"><P class="p18 ft3">eller b i tillsynsförordningen eller</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft2">kriterier som anges i artikel 103.7 i</P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft3">som bedriver verksamhet nr 8 i av-</P></TD>
<TD colspan=2 class="tr5 td172"><P class="p18 ft2">krishanteringsdirektivet</P></TD>
<TD class="tr5 td37"><P class="p43 ft2">och</P></TD>
<TD class="tr5 td113"><P class="p16 ft2">före-</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td125"><P class="p18 ft3">snitt A</P></TD>
<TD class="tr4 td6"><P class="p77 ft3">i</P></TD>
<TD colspan=2 class="tr4 td177"><P class="p182 ft3">bilaga I</P></TD>
<TD class="tr4 td140"><P class="p178 ft21">till</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p108 ft3">Europa-</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p18 ft31">skrifter som har meddelats med stöd</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td32"><P class="p18 ft3">parlamentets</P></TD>
<TD class="tr4 td12"><P class="p246 ft3">och</P></TD>
<TD class="tr4 td140"><P class="p448 ft21">rådets</P></TD>
<TD colspan=2 class="tr4 td35"><P class="p107 ft3">direktiv</P></TD>
<TD colspan=2 class="tr4 td172"><P class="p18 ft2">av 29 kap. 1 § 8.</P></TD>
<TD class="tr4 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=8 class="tr5 td50"><P class="p18 ft3">2004/39/EG, men som inte bedriver</P></TD>
<TD class="tr5 td71"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td132"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td37"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p4 ft43"><SPAN class="ft25">3</SPAN><SPAN class="ft77">Senaste lydelse 2017:1312.</SPAN></P>
<P class="p173 ft2">623</P>
</DIV>
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<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">624</P>
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<P style="text-align: justify;padding-right: 272px;margin-top: 0px;margin-bottom: 0px;" class="ft3">verksamheterna nr 3 eller 6 i samma avsnitt i den bilagan<SPAN class="ft2">. För </SPAN>en sådan avgiftsskyldig <SPAN class="ft2">ska risk- justering av resolutionsavgift ske i enlighet med de kriterier som anges</SPAN></P>
<P style="text-align: justify;padding-right: 272px;margin-top: 1px;margin-bottom: 0px;" class="ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft4">artikel 103.7 i krishanterings- direktivet och föreskrifter som har</SPAN></P>
<P class="p102 ft2">meddelats med stöd av 29 kap.</P>
<P class="p102 ft2">1 § 8.</P>
<P class="p124 ft2">Resolutionsavgift ska betalas så länge som behållningen i resolutions- reserven vid utgången av det år avgiften avser understiger tre procent av</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td109"><P class="p18 ft2">de garanterade insättningarna.</P></TD>
<TD class="tr5 td107"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr22 td305"><P class="p491 ft2">14 §</P></TD>
<TD class="tr22 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td75"><P class="p18 ft5"> </P></TD>
<TD class="tr22 td47"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p39 ft2">Avgiftsunderlaget är summan av</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">Avgiftsunderlaget är summan av</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">den avgiftsskyldiges skulder med</P></TD>
<TD colspan=2 class="tr4 td242"><P class="p18 ft2">den avgiftsskyldiges</P></TD>
<TD colspan=2 class="tr4 td235"><P class="p16 ft2">skulder med</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">avdrag för garanterade insättningar,</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft31">avdrag för garanterade insättningar,</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">skulder som anges i artikel 5.1 i för-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">skulder som anges i artikel 5.1 i för-</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">ordningen om resolutionsavgifter</P></TD>
<TD class="tr4 td107"><P class="p18 ft2">ordningen om</P></TD>
<TD colspan=3 class="tr4 td227"><P class="p16 ft31">resolutionsavgifter</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft2">och de skulder som får ingå i den</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">och de skulder som får ingå i den</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">avgiftsskyldiges kapitalbas enligt</P></TD>
<TD class="tr4 td107"><P class="p18 ft2">avgiftsskyldiges</P></TD>
<TD colspan=2 class="tr4 td55"><P class="p77 ft2">kapitalbas</P></TD>
<TD class="tr4 td47"><P class="p16 ft2">enligt</P></TD>
</TR>
<TR>
<TD class="tr4 td109"><P class="p18 ft2">tillsynsförordningen.</P></TD>
<TD colspan=2 class="tr4 td242"><P class="p18 ft2">tillsynsförordningen</P></TD>
<TD class="tr4 td75"><P class="p18 ft3">eller</P></TD>
<TD class="tr4 td47"><P class="p16 ft3">värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td109"><P class="p18 ft5"> </P></TD>
<TD colspan=3 class="tr5 td236"><P class="p18 ft21">pappersbolagsförordningen<SPAN class="ft31">.</SPAN></P></TD>
<TD class="tr5 td47"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p124 ft2">Om inte annat följer av artikel <NOBR>5.2–5.4</NOBR> i förordningen om resolutions- avgifter, ska skulderna beräknas på det sätt som gäller för upptagande av skulder i balansräkning enligt lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag.</P>
<P style="text-align: left;padding-left: 11px;margin-top: 33px;margin-bottom: 0px;" class="ft2">Denna lag träder i kraft den 26 juni 2021.</P>
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<P style="text-align: left;padding-right: 40px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2018:1219) om försäkringsdistribution</P>
<P class="p814 ft2">Härigenom föreskrivs att 1 kap. 9 § lagen (2018:1219) om försäkrings- distribution ska ha följande lydelse.</P>
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<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
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<TABLE cellpadding=0 cellspacing=0 style="width: 305px;margin-left: 68px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr5 td50"><P class="p18 ft3">Nuvarande lydelse</P></TD>
<TD class="tr5 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 256px;padding-right: 342px;margin-top: 18px;margin-bottom: 0px;text-indent: -9px;" class="ft22"><SPAN class="ft22">1</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">9 §</SPAN></P>
<P class="p166 ft2">I denna lag betyder</P>
<P class="p483 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft38">anknuten försäkringsförmedlare</SPAN>: en försäkringsförmedlare som har träffat avtal med ett eller flera försäkringsföretag om att distribuera försäkringsprodukter, om dessa produkter inte konkurrerar med varandra och avtalet innebär att försäkringsföretaget är ansvarigt för ren förmögenhetsskada enligt 4 kap. 16 §,</P>
<P class="p483 ft3"><SPAN class="ft2">2.</SPAN><SPAN class="ft38">anknuten sidoverksam försäkringsförmedlare</SPAN><SPAN class="ft2">: en sidoverksam försäkringsförmedlare som har träffat avtal med ett eller flera för- säkringsföretag eller försäkringsförmedlare om att distribuera sådana försäkringsprodukter som anges i 20 b och c, om avtalet innebär att försäkringsföretaget eller försäkringsförmedlaren är ansvarig för ren förmögenhetsskada enligt 4 kap. 16 §,</SPAN></P>
<P class="p495 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft38">behörig myndighet</SPAN>: en utländsk myndighet eller annat utländskt organ som har behörighet att besluta om tillstånd för eller registrering av försäkringsförmedlare eller att utöva tillsyn över försäkringsförmedlare,</P>
<P class="p9 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft38">EES</SPAN>: Europeiska ekonomiska samarbetsområdet,</P>
<P class="p483 ft2"><SPAN class="ft2">5.</SPAN><NOBR><SPAN class="ft38">EES-försäkringsförmedlare</SPAN>:</NOBR> en utländsk försäkringsförmedlare vars hemland är ett annat land inom EES och som omfattas av försäkrings- distributionsdirektivet,</P>
<P class="p483 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft38">ersättning</SPAN>: en provision, avgift eller annan betalning, inbegripet en ekonomisk ersättning av något slag eller eventuell annan finansiell eller <NOBR>icke-finansiell</NOBR> förmån eller ett incitament, som erbjuds eller betalas ut med avseende på försäkringsdistribution,</P>
<P class="p168 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft38">filial</SPAN>: en försäkringsförmedlares agentur eller filial som ligger i ett annat land inom EES än hemlandet,</P>
<P class="p483 ft3"><SPAN class="ft2">8.</SPAN><SPAN class="ft38">försäkringsbaserad investeringsprodukt</SPAN><SPAN class="ft2">: en försäkring med ett förfallo- eller återköpsvärde som helt eller delvis är direkt eller indirekt exponerat mot marknadsvolatilitet, med undantag för</SPAN></P>
<P class="p9 ft2">a) skadeförsäkring,</P>
<P class="p170 ft2">b) livförsäkring där ersättning enligt avtalet endast betalas ut vid dödsfall eller vid invaliditet till följd av skada, sjukdom eller funktions- nedsättning, och</P>
<P class="p9 ft2">c) pensionsförsäkring,</P>
<P class="p170 ft3"><SPAN class="ft2">9.</SPAN><SPAN class="ft38">försäkringsdistributionsdirektivet</SPAN><SPAN class="ft2">: Europaparlamentets och rådets direktiv (EU) 2016/97 av den 20 januari 2016 om försäkringsdistribution,</SPAN></P>
<P class="p169 ft2"><SPAN class="ft2">i</SPAN><SPAN class="ft17">lydelsen enligt Europaparlamentets och rådets direktiv (EU) 2018/411,</SPAN></P>
<P class="p167 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft38">försäkringsdistributör</SPAN>: en försäkringsförmedlare eller ett för- säkringsföretag,</P>
<P class="p496 ft2">625</P>
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<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">626</P>
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<P class="p124 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft38">försäkringsförmedlare</SPAN>: en fysisk eller juridisk person, med undantag för försäkringsföretag eller deras anställda, som mot ersättning bedriver försäkringsdistribution,</P>
<P class="p122 ft3"><SPAN class="ft2">12.</SPAN><SPAN class="ft38">försäkringsförmedlare från tredjeland</SPAN><SPAN class="ft2">: en försäkringsförmedlare vars hemland inte omfattas av försäkringsdistributionsdirektivet,</SPAN></P>
<P class="p65 ft3"><SPAN class="ft2">13.</SPAN><SPAN class="ft38">hemland</SPAN><SPAN class="ft2">:</SPAN></P>
<P class="p122 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">om försäkringsförmedlaren är en fysisk person, det land där förmed- laren har sin hemvist,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">om försäkringsförmedlaren är en juridisk person, det land där förmed- larens säte ligger, eller, om förmedlaren enligt nationell rätt inte har något säte, det land där förmedlarens huvudkontor ligger,</SPAN></P>
<P class="p124 ft2">14. <SPAN class="ft3">kvalificerat innehav</SPAN>: ett direkt eller indirekt ägande i ett företag, om innehavet representerar tio procent eller mer av kapitalet eller av samtliga röster eller annars möjliggör ett väsentligt inflytande över ledningen av företaget,</P>
<P class="p832 ft2">15. <SPAN class="ft3">nära förbindelser</SPAN>: det som avses i 1 kap. 14 § försäkringsrörelse- lagen (2010:2043), med den skillnaden att det som anges där om försäkringsföretag i stället ska avse försäkringsförmedlare,</P>
<P class="p121 ft2">16. <SPAN class="ft3">pensionsförsäkring</SPAN>: försäkringsavtal som har som främsta syfte att ge inkomst vid pensionering och som berättigar den försäkrade till vissa ersättningar,</P>
<P class="p122 ft2">17. <SPAN class="ft3">professionell kund</SPAN>: en kund som avses i 1 kap. 4 b § lagen (2007:528) om värdepappersmarknaden,</P>
<P class="p123 ft3"><SPAN class="ft2">18. </SPAN>rådgivning grundad på en opartisk och personlig analys<SPAN class="ft2">: sådan rådgivning som avses i 4 kap. 2 §,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">19.</SPAN><SPAN class="ft38">rådgivning</SPAN>: tillhandahållande av en personlig rekommendation till en kund, antingen på kundens begäran eller på initiativ av försäkrings- distributören, i fråga om ett eller flera försäkringsavtal,</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD colspan=2 class="tr5 td49"><P class="p39 ft3"><SPAN class="ft2">20. </SPAN><SPAN class="ft24">sidoverksam</SPAN></P></TD>
<TD colspan=2 class="tr5 td105"><P class="p108 ft24">försäkringsför-</P></TD>
<TD colspan=2 class="tr5 td227"><P class="p48 ft3"><SPAN class="ft2">20. </SPAN><SPAN class="ft24">sidoverksam</SPAN></P></TD>
<TD colspan=2 class="tr5 td107"><P class="p16 ft24">försäkringsför-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2"><SPAN class="ft24">medlare</SPAN>: en försäkringsförmedlare –</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft31"><SPAN class="ft30">medlare</SPAN>: en försäkringsförmedlare –</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">utom kreditinstitut och värde-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">utom kreditinstitut och värde-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td109"><P class="p18 ft2">pappersföretag enligt definitionen i</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft2">pappersföretag enligt definitionen i</P></TD>
</TR>
<TR>
<TD class="tr4 td222"><P class="p18 ft2">artikel 4.1.1</P></TD>
<TD class="tr4 td56"><P class="p18 ft2">och</P></TD>
<TD class="tr4 td89"><P class="p18 ft2">4.1.2 i</P></TD>
<TD class="tr4 td24"><P class="p108 ft2">Europa-</P></TD>
<TD class="tr4 td55"><P class="p18 ft2">artikel 4.1.1</P></TD>
<TD class="tr4 td47"><P class="p73 ft2">och</P></TD>
<TD class="tr4 td156"><P class="p18 ft2">4.1.2 i</P></TD>
<TD class="tr4 td155"><P class="p16 ft2">Europa-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">parlamentets och rådets förordning</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr5 td49"><P class="p18 ft2">(EU) nr 575/2013</P></TD>
<TD class="tr5 td89"><P class="p43 ft2">av den</P></TD>
<TD class="tr5 td24"><P class="p108 ft2">26 juni</P></TD>
<TD colspan=3 class="tr5 td208"><P class="p18 ft2">(EU) nr 575/2013 av den</P></TD>
<TD class="tr5 td155"><P class="p16 ft2">26 juni</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">2013 om tillsynskrav för kredit-</P></TD>
</TR>
<TR>
<TD class="tr4 td222"><P class="p18 ft2">institut <SPAN class="ft3">och</SPAN></P></TD>
<TD colspan=3 class="tr4 td234"><P class="p108 ft3">värdepappersföretag</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">institut och om ändring av</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td109"><P class="p18 ft2">och om ändring av förordning (EU)</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p18 ft2">förordning (EU) nr 648/2012 – som</P></TD>
</TR>
<TR>
<TD class="tr4 td222"><P class="p18 ft2">nr 648/2012</P></TD>
<TD class="tr4 td56"><P class="p81 ft2">–</P></TD>
<TD class="tr4 td89"><P class="p43 ft2">som</P></TD>
<TD class="tr4 td24"><P class="p108 ft2">bedriver</P></TD>
<TD class="tr4 td55"><P class="p18 ft2">bedriver</P></TD>
<TD colspan=3 class="tr4 td60"><P class="p16 ft2">försäkringsdistribution</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">försäkringsdistribution som sidoverk-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p18 ft2">som sidoverksamhet, under för-</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td109"><P class="p18 ft2">samhet, under förutsättning att samt-</P></TD>
<TD class="tr5 td55"><P class="p18 ft2">utsättning</P></TD>
<TD colspan=2 class="tr5 td74"><P class="p18 ft2">att samtliga</P></TD>
<TD class="tr5 td155"><P class="p16 ft2">följande</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr4 td109"><P class="p18 ft2">liga följande villkor är uppfyllda:</P></TD>
<TD colspan=3 class="tr4 td208"><P class="p18 ft2">villkor är uppfyllda:</P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p122 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft33">den har inte försäkringsdistribution som huvudsaklig yrkes- verksamhet,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft33">den distribuerar bara vissa försäkringsprodukter som kompletterar en vara eller en tjänst, och</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">c)</SPAN><SPAN class="ft33">de berörda försäkringsprodukterna omfattar inte livförsäkring eller ansvarsförsäkring, utom när sådant skydd kompletterar den vara eller tjänst som förmedlaren bedriver som huvudsaklig yrkesverksamhet,</SPAN></P>
<P class="p122 ft2">21. <SPAN class="ft3">skadeförsäkring</SPAN>: en försäkring som är hänförlig till någon av de försäkringsklasser som anges i 2 kap. 11 § försäkringsrörelselagen,</P>
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<P class="p109 ft2"><SPAN class="ft2">22.</SPAN><SPAN class="ft38">stora risker</SPAN>: det som avses i 3 kap. 16 § andra och tredje styckena försäkringsrörelselagen,</P>
<P class="p103 ft2"><SPAN class="ft2">23.</SPAN><SPAN class="ft38">tjänstepensionsförsäkring</SPAN>: en livförsäkring som har samband med yrkesutövning och där utbetalning av försäkringsbelopp (engångsbelopp eller periodiska utbetalningar) beror av att en eller flera personer uppnår eller förväntas uppnå en viss ålder samt försäkringar som meddelas som tillägg till sådana försäkringar,</P>
<P class="p184 ft3"><SPAN class="ft2">24.</SPAN><SPAN class="ft38">svensk fysisk person </SPAN><SPAN class="ft2">och </SPAN>svensk juridisk person<SPAN class="ft2">: en fysisk eller juridisk person vars hemland är Sverige,</SPAN></P>
<P class="p87 ft3"><SPAN class="ft2">25.</SPAN><SPAN class="ft53">varaktigt medium</SPAN><SPAN class="ft2">: ett medel som</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">a)</SPAN><SPAN class="ft17">gör det möjligt för kunden att bevara information som riktas till kunden personligen, på ett sätt som är tillgängligt för användning i fram- tiden under en tid som är lämplig med hänsyn till vad som är avsikten med informationen, och</SPAN></P>
<P class="p499 ft2"><SPAN class="ft2">b)</SPAN><SPAN class="ft16">tillåter oförändrad återgivning av den bevarade informationen, och 26. </SPAN><SPAN class="ft3">värdland</SPAN>: det land inom EES där en försäkringsförmedlare har en</P>
<P class="p500 ft2">permanent närvaro eller ett etableringsställe eller tillhandahåller tjänster, och som inte är förmedlarens hemland.</P>
<P class="p216 ft2">Denna lag träder i kraft den 26 juni 2021.</P>
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<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">627</P>
</DIV>
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<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
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<P style="text-align: left;padding-right: 8px;margin-top: 0px;margin-bottom: 0px;" class="ft18">Förslag till lag om ändring i lagen (2020:1157) om ändring i lagen (2007:528) om värdepappersmarknaden</P>
<P style="text-align: justify;margin-top: 12px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs att 1 kap. 4 b § och 23 kap. 4 § lagen (2007:528) om värdepappersmarknaden i stället för lydelsen enligt lagen (2020:1157) om ändring i den lagen ska ha följande lydelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 17px 0px 0px 127px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 305px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr4 td50"><P class="p18 ft3">Lydelse enligt SFS 2020:1157</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 179px;margin-top: 15px;margin-bottom: 0px;" class="ft22">1 kap.</P>
<P style="text-align: left;padding-left: 183px;margin-top: 1px;margin-bottom: 0px;" class="ft2">4 b §</P>
<P class="p65 ft2">I denna lag betyder</P>
<P class="p124 ft2"><SPAN class="ft3">anknutet ombud</SPAN>: en fysisk eller juridisk person som har träffat avtal med ett svenskt värdepappersinstitut eller ett utländskt värdepappersföretag som hör hemma inom EES om att för bara detta instituts eller företags räkning</P>
<P class="p132 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">marknadsföra investerings- eller sidotjänster,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">ta emot eller vidarebefordra instruktioner eller order avseende inves- teringstjänster eller finansiella instrument,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">placera finansiella instrument, eller</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft33">tillhandahålla investeringsrådgivning avseende dessa instrument eller tjänster,</SPAN></P>
<P class="p121 ft2"><SPAN class="ft3">behörig myndighet</SPAN>: i Sverige Finansinspektionen och i särskilt angivna fall Bolagsverket och i övrigt en utländsk myndighet som har behörighet att utöva tillsyn över utländska värdepappersföretag och företag som driver en reglerad marknad eller annan motsvarande marknad eller som har behörighet att utöva tillsyn över emittenter vars överlåtbara värdepapper är upptagna till handel på en reglerad marknad,</P>
<P class="p937 ft2"><SPAN class="ft3">börs</SPAN>: ett svenskt aktiebolag eller en svensk ekonomisk förening som har fått tillstånd enligt denna lag att driva en eller flera reglerade marknader,</P>
<P class="p123 ft2"><SPAN class="ft3">clearingdeltagare</SPAN>: den som får delta i clearingverksamheten hos en clearingorganisation,</P>
<P class="p122 ft2"><SPAN class="ft3">clearingorganisation</SPAN>: ett företag som har fått tillstånd enligt 19 kap. eller Europaparlamentets och rådets förordning (EU) nr 648/2012,</P>
<P class="p122 ft2"><SPAN class="ft3">emittent</SPAN>: i fråga om aktier aktiebolaget och i fråga om annat finansiellt instrument utgivaren eller utfärdaren av instrumentet,</P>
<P class="p123 ft2"><SPAN class="ft3">handelsplats</SPAN>: en reglerad marknad, en multilateral handelsplattform <NOBR>(MTF-plattform)</NOBR> eller en organiserad handelsplattform <NOBR>(OTF-plattform),</NOBR></P>
<P class="p87 ft2"><SPAN class="ft3">handelsplattform</SPAN>: en <NOBR>MTF-plattform</NOBR> eller en <NOBR>OTF-plattform,</NOBR></P>
<P class="p124 ft2"><SPAN class="ft3">kreditinstitut</SPAN>: en bank, ett kreditmarknadsföretag eller ett utländskt bank- eller kreditföretag som driver bank- eller finansieringsrörelse från filial i Sverige,</P>
<P class="p122 ft3">leverantör av datarapporteringstjänster<SPAN class="ft2">: detsamma som i artikel 2.1.36a i förordningen om marknader för finansiella instrument,</SPAN></P>
</DIV>
<DIV style="border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 520px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 88px 0px 0px 0px;padding: 0px;border:none;width: 331px;overflow: hidden;">
<P class="p14 ft2">628</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 189px;overflow: hidden;">
<P class="p69 ft3"><SPAN class="ft24">litet och </SPAN><NOBR><SPAN class="ft24">icke-sammanlänkat</SPAN></NOBR><SPAN class="ft24"> värdepappersbolag</SPAN>: ett värdepap- persbolag som anses vara ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepap- persföretag enligt artikel 12.1 i värdepappersbolagsförordningen,</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_629" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p103 ft2"><SPAN class="ft3">marknadsgarant</SPAN>: en person som på fortlöpande basis åtagit sig att på finansiella marknader handla för egen räkning genom att köpa och sälja finansiella instrument med utnyttjande av egna tillgångar till priser som fastställts av denne,</P>
<P class="p105 ft2"><SPAN class="ft3">marknadsoperatör</SPAN>: en börs eller en eller flera juridiska personer i ett annat land inom EES som driver en eller flera reglerade marknader,</P>
<P class="p105 ft2"><NOBR><SPAN class="ft3">MTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som sammanför flera tredjeparters köp- och säljintressen i finansiella instrument – inom systemet och i enlighet med icke skönsmässiga regler – så att det leder till ett kontrakt,</P>
<P class="p105 ft2"><NOBR><SPAN class="ft3">OTF-plattform</SPAN>:</NOBR> ett multilateralt system inom EES som inte är en reglerad marknad eller en <NOBR>MTF-plattform,</NOBR> och inom vilket flera tredjeparters köp- och säljintressen i obligationer, strukturerade finansiella produkter, utsläppsrätter eller derivat kan interagera inom systemet så att det leder till ett kontrakt,</P>
<P class="p132 ft2"><SPAN class="ft3">professionell kund</SPAN>: en sådan kund som avses i 9 kap. 4 eller 5 §,</P>
<P class="p103 ft2"><SPAN class="ft3">reglerad marknad</SPAN>: ett multilateralt system inom EES som sammanför eller möjliggör sammanförande av ett flertal köp- och säljintressen i finansiella instrument från tredjepart – regelmässigt, inom systemet och i enlighet med icke skönsmässiga regler – så att det leder till ett kontrakt,</P>
<P class="p87 ft2"><SPAN class="ft3">statlig emittent</SPAN>: någon av följande som emitterar skuldinstrument:</P>
<P class="p87 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">Europeiska unionen,</SPAN></P>
<P style="text-align: left;padding-left: 11px;padding-right: 31px;margin-top: 0px;margin-bottom: 0px;" class="ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft16">en stat inom EES, inbegripet förvaltningar, organ eller en särskild funktion i staten,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">när det gäller en federal stat inom EES, en delstat i federationen,</SPAN></P>
<P class="p65 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">en särskild funktion för flera stater inom EES,</SPAN></P>
<P class="p103 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft17">en internationell finansinstitution som etablerats av minst två stater inom EES och vars mål är att ordna finansiering och tillhandahålla finansiellt bistånd till de stater som har eller riskerar att få allvarliga finansieringsproblem, och</SPAN></P>
<P class="p132 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft17">Europeiska investeringsbanken,</SPAN></P>
<P class="p103 ft2"><SPAN class="ft3">systematisk internhandlare</SPAN>: ett värdepappersinstitut som i en organiserad, frekvent, systematisk och väsentlig omfattning handlar för egen räkning när det utför kundorder utanför en reglerad marknad eller en handelsplattform utan att utnyttja ett multilateralt system,</P>
<P class="p105 ft3">tillväxtmarknad för små och medelstora företag<SPAN class="ft2">: en </SPAN><NOBR><SPAN class="ft2">MTF-plattform</SPAN></NOBR><SPAN class="ft2"> som är registrerad som en tillväxtmarknad för små och medelstora företag hos Finansinspektionen enligt 11 kap. </SPAN><NOBR><SPAN class="ft2">13–15</SPAN></NOBR><SPAN class="ft2"> §§ eller hos en behörig myndighet i ett annat land inom EES,</SPAN></P>
<P class="p115 ft2"><SPAN class="ft3">utländskt kreditinstitut</SPAN>: ett kreditinstitut enligt 1 kap. 5 § första stycket 21 lagen (2004:297) om bank- och finansieringsrörelse,</P>
<P class="p103 ft2"><SPAN class="ft3">utländskt värdepappersföretag</SPAN>: ett utländskt företag som i hemlandet har tillstånd att driva värdepappersrörelse,</P>
<P class="p510 ft31"><SPAN class="ft21">värdepappersbolag</SPAN>: ett svenskt aktiebolag som har fått tillstånd enligt denna lag att driva värdepappersrörelse och som inte är ett bankaktiebolag eller ett kreditmarknadsbolag enligt lagen om bank- och finansierings-</P>
<TABLE cellpadding=0 cellspacing=0 class="t21">
<TR>
<TD class="tr5 td86"><P class="p18 ft2">rörelse,</P></TD>
<TD class="tr5 td90"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p39 ft3"><SPAN class="ft24">värdepapperscentral</SPAN><SPAN class="ft2">: en värde-</SPAN></P></TD>
<TD class="tr4 td90"><P class="p16 ft3"><SPAN class="ft24">värdepapperscentral</SPAN><SPAN class="ft2">: en värde-</SPAN></P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">papperscentral enligt definitionen i</P></TD>
<TD class="tr4 td90"><P class="p16 ft2">papperscentral enligt definitionen i</P></TD>
</TR>
<TR>
<TD class="tr5 td86"><P class="p18 ft2">artikel 2.1.1 i förordningen om</P></TD>
<TD class="tr5 td90"><P class="p16 ft2">artikel 2.1.1 i förordningen om</P></TD>
</TR>
<TR>
<TD class="tr4 td86"><P class="p18 ft2">värdepapperscentraler, <SPAN class="ft3">och</SPAN></P></TD>
<TD class="tr4 td90"><P style="text-align: right;padding-right: 67px;margin-top: 0px;margin-bottom: 0px;white-space: nowrap;" class="ft31">värdepapperscentraler,</P></TD>
</TR>
</TABLE>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">629</P>
</DIV>
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<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 127px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 9</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">630</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P style="text-align: justify;padding-left: 204px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;text-indent: 11px;" class="ft3">värdepappersinriktat holding- <SPAN class="ft24">företag</SPAN>: ett värdepappersinriktat holdingföretag enligt definitionen i artikel 4.1.23 i värdepappers- bolagsförordningen, och</P>
<P style="text-align: justify;padding-right: 72px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft2"><SPAN class="ft3">värdepappersinstitut</SPAN>: ett värdepappersbolag, ett svenskt kreditinstitut som har fått tillstånd enligt denna lag att driva värdepappersrörelse eller ett utländskt företag som driver värdepappersrörelse från filial i Sverige eller genom att använda anknutna ombud etablerade i Sverige.</P>
<P style="text-align: left;padding-left: 188px;padding-right: 244px;margin-top: 17px;margin-bottom: 0px;text-indent: -13px;" class="ft22"><SPAN class="ft22">23</SPAN><SPAN class="ft23">kap. </SPAN><SPAN class="ft2">4 §</SPAN></P>
<P class="p122 ft2">Finansinspektionen får när det är nödvändigt genomföra en undersök- ning hos</P>
<P class="p65 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft17">ett värdepappersinstitut,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft17">en börs,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft33">en leverantör av datarapporteringstjänster som Finansinspektionen har tillsyn över,</SPAN></P>
<P class="p87 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">en clearingorganisation,</SPAN></P>
<P class="p123 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">ett sådant utländskt företag som har tillstånd att driva en reglerad marknad från filial i Sverige, och</SPAN></P>
<P class="p121 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft33">en emittent som enligt 16 kap. </SPAN><NOBR>1–3</NOBR> §§ omfattas av skyldigheten enligt samma kapitel att upprätta och offentliggöra regelbunden finansiell informa- tion.</P>
<P class="p121 ft2">Finansinspektionen får även genomföra en undersökning hos ett anknutet ombud eller hos ett företag som har fått i uppdrag av ett värde- pappersinstitut att utföra visst arbete eller vissa funktioner, om det behövs för tillsynen av institutet.</P>
<P style="text-align: justify;padding-left: 204px;padding-right: 63px;margin-top: 1px;margin-bottom: 0px;text-indent: 11px;" class="ft21">Innan en undersökning genomförs hos ett utländskt företag som har inrättat filial enligt 4 kap. 1 § första stycket 1, ska Finansinspektionen samråda med behörig myndighet i det land inom EES som har aukto- riserat det utländska företaget.</P>
</DIV>
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<DIV style="border:none;margin: 0px 0px 0px 68px;padding: 0px;border:none;width: 506px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 40px;margin-top: 0px;margin-bottom: 0px;" class="ft101">Förslag till lag om ändring i lagen (2020:1208) om ändring i lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag</P>
<P style="text-align: justify;margin-top: 10px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs att 5 kap. 7 § lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag i stället för lydelsen enligt lagen (2020:1208) om ändring i den lagen ska ha följande lydelse.</P>
<TABLE cellpadding=0 cellspacing=0 style="width: 306px;margin-top: 17px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr4 td86"><P class="p18 ft3">Lydelse enligt SFS 2020:1208</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 100px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 13px 0px 0px 0px;padding: 0px;border:none;width: 573px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 class="t25">
<TR>
<TD class="tr2 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td7"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td171"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr2 td32"><P class="p1395 ft22">5 kap.</P></TD>
<TD class="tr2 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr2 td32"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td7"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td126"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td32"><P class="p51 ft2">7 §</P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p107 ft2">Vid tillämpningen av denna lag</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">Vid tillämpningen av denna lag</P></TD>
</TR>
<TR>
<TD class="tr14 td113"><P class="p18 ft66">ska</P></TD>
<TD colspan=2 class="tr14 td117"><P class="p79 ft66">artikel 434.1 i</P></TD>
<TD colspan=2 class="tr14 td206"><P class="p108 ft66">Europaparla-</P></TD>
<TD class="tr14 td113"><P class="p18 ft66">ska</P></TD>
<TD class="tr14 td32"><P class="p79 ft66">artikel 434.1</P></TD>
<TD class="tr14 td11"><P class="p81 ft66">i</P></TD>
<TD class="tr14 td32"><P class="p16 ft66">Europaparla-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td50"><P class="p107 ft2">mentets och rådets förordning (EU)</P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">mentets och rådets förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td173"><P class="p18 ft2">nr 575/2013 av</P></TD>
<TD class="tr4 td126"><P class="p80 ft2">den</P></TD>
<TD class="tr4 td171"><P class="p18 ft2">26 juni</P></TD>
<TD class="tr4 td89"><P class="p107 ft2">2013</P></TD>
<TD colspan=3 class="tr4 td202"><P class="p18 ft2">nr 575/2013 av den</P></TD>
<TD class="tr4 td32"><P class="p16 ft2">26 juni 2013</P></TD>
</TR>
<TR>
<TD class="tr14 td113"><P class="p18 ft66">om</P></TD>
<TD class="tr14 td7"><P class="p18 ft66">tillsynskrav</P></TD>
<TD class="tr14 td126"><P class="p81 ft66">för</P></TD>
<TD colspan=2 class="tr14 td206"><P class="p107 ft66">kreditinstitut</P></TD>
<TD class="tr14 td113"><P class="p18 ft66">om</P></TD>
<TD class="tr14 td32"><P class="p18 ft66">tillsynskrav</P></TD>
<TD class="tr14 td11"><P class="p18 ft66">för</P></TD>
<TD class="tr14 td32"><P class="p16 ft66">kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr4 td113"><P class="p18 ft3">och</P></TD>
<TD colspan=4 class="tr4 td167"><P class="p107 ft3">värdepappersföretag <SPAN class="ft2">och om</SPAN></P></TD>
<TD colspan=4 class="tr4 td85"><P class="p16 ft2">och om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td173"><P class="p18 ft2">ändring av</P></TD>
<TD colspan=2 class="tr4 td32"><P class="p18 ft2">förordning</P></TD>
<TD class="tr4 td89"><P class="p107 ft2">(EU)</P></TD>
<TD colspan=3 class="tr4 td202"><P class="p18 ft2">nr 648/2012 beaktas.</P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td202"><P class="p18 ft2">nr 648/2012 beaktas.</P></TD>
<TD class="tr4 td171"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td89"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td113"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td11"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td32"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P style="text-align: right;margin-top: 456px;margin-bottom: 0px;" class="ft2">631</P>
</DIV>
</DIV>
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<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 9</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 393px;overflow: hidden;">
<P style="text-align: left;padding-right: 37px;margin-top: 0px;margin-bottom: 0px;" class="ft101">Förslag till lag om ändring i lagen (2020:1211) om ändring i lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna</P>
<P style="text-align: justify;margin-top: 10px;margin-bottom: 0px;" class="ft2">Härigenom föreskrivs att 3 § lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna stället för lydelsen enligt lagen (2020:1211) om ändring i den lagen ska ha följande lydelse.</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 32px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 304px;margin-left: 127px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr4 td109"><P class="p18 ft3">Lydelse enligt SFS 2020:1211</P></TD>
<TD class="tr4 td51"><P class="p18 ft21">Föreslagen lydelse</P></TD>
</TR>
</TABLE>
<P style="text-align: left;padding-left: 315px;margin-top: 16px;margin-bottom: 0px;" class="ft2">3 §</P>
<P class="p476 ft2">I databasen får sådana uppgifter behandlas som har samlats in med stöd av</P>
<P class="p475 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft33">6 kap. 9 § första och andra styckena lagen (1988:1385) om Sveriges riksbank,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft33">9 kap. 3 § första stycket lagen (1998:1479) om värdepapperscentraler och kontoföring av finansiella instrument,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft17">10 kap. 2 § första stycket lagen (2004:46) om värdepappersfonder,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft17">13 kap. 3 § lagen (2004:297) om bank- och finansieringsrörelse,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft33">8 kap. 5 § första stycket lagen (2018:1219) om försäkrings- distribution,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft33">5 kap. 10 och 11 §§ lagen (2006:531) om särskild tillsyn över finansiella konglomerat,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft33">23 kap. 2 § första stycket lagen (2007:528) om värdepappers- marknaden,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft17">8 kap. 2 § lagen (2010:751) om betaltjänster,</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft17">17 kap. 5 § försäkringsrörelselagen (2010:2043),</SPAN></P>
<P class="p479 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft17">5 kap. 2 § lagen (2011:755) om elektroniska pengar,</SPAN></P>
<P class="p475 ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">13 kap. 6 § första stycket lagen (2013:561) om förvaltare av alternativa investeringsfonder,</SPAN></P>
<P class="p476 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">6 kap. 1 § lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag,</SPAN></P>
<P class="p474 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft17">6 kap. 2 § lagen (2017:230) om Pensionsmyndighetens försäkrings-</SPAN></P>
<TABLE cellpadding=0 cellspacing=0 class="t76">
<TR>
<TD colspan=5 class="tr4 td311"><P class="p521 ft31">verksamhet i premiepensionssystemet,</P></TD>
<TD class="tr4 td202"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td83"><P class="p520 ft2">14. 14 kap.</P></TD>
<TD colspan=3 class="tr4 td79"><P class="p108 ft2">5 § lagen (2019:742)</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">14. 14 kap. 5 § lagen (2019:742)</P></TD>
</TR>
<TR>
<TD colspan=4 class="tr5 td309"><P class="p521 ft31">om tjänstepensionsföretag, <SPAN class="ft21">och</SPAN></P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr5 td254"><P class="p18 ft2">om tjänstepensionsföretag,</P></TD>
<TD class="tr5 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td141"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=3 class="tr4 td310"><P class="p520 ft2">15. artiklarna 394,</P></TD>
<TD class="tr4 td233"><P class="p107 ft2">415,</P></TD>
<TD class="tr4 td62"><P class="p108 ft2">416,</P></TD>
<TD class="tr4 td202"><P class="p48 ft2">15. artiklarna 394,</P></TD>
<TD class="tr4 td128"><P class="p43 ft2">415,</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p16 ft2">416,</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td311"><P class="p521 ft2"><NOBR>430–430b</NOBR> och 451 i Europaparla-</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2"><NOBR>430–430b</NOBR> och 451 i Europaparla-</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr5 td311"><P class="p521 ft2">mentets och rådets förordning (EU)</P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">mentets och rådets förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=5 class="tr4 td311"><P class="p521 ft2">nr 575/2013 av den 26 juni 2013</P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft2">nr 575/2013 av den 26 juni 2013</P></TD>
</TR>
<TR>
<TD class="tr4 td303"><P class="p521 ft2">om</P></TD>
<TD colspan=2 class="tr4 td174"><P class="p18 ft2">tillsynskrav för</P></TD>
<TD colspan=2 class="tr4 td175"><P class="p108 ft2">kreditinstitut</P></TD>
<TD class="tr4 td202"><P class="p18 ft2">om tillsynskrav för</P></TD>
<TD colspan=3 class="tr4 td222"><P class="p16 ft2">kreditinstitut</P></TD>
</TR>
<TR>
<TD class="tr5 td303"><P class="p521 ft3">och</P></TD>
<TD colspan=4 class="tr5 td167"><P class="p108 ft3">värdepappersföretag <SPAN class="ft2">och om</SPAN></P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft2">och om ändring av förordning (EU)</P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td83"><P class="p521 ft2">ändring av</P></TD>
<TD colspan=2 class="tr4 td151"><P class="p30 ft2">förordning</P></TD>
<TD class="tr4 td62"><P class="p108 ft2">(EU)</P></TD>
<TD class="tr4 td202"><P class="p18 ft2">nr 648/2012<SPAN class="ft3">, och</SPAN></P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD colspan=2 class="tr4 td83"><P class="p521 ft2">nr 648/2012<SPAN class="ft3">.</SPAN></P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td202"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td128"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td56"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td141"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td303"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td202"><P class="p48 ft3">16. artiklarna 54</P></TD>
<TD class="tr5 td128"><P class="p1 ft3">och</P></TD>
<TD class="tr5 td56"><P class="p207 ft3">55</P></TD>
<TD class="tr5 td141"><P class="p16 ft3">i</P></TD>
</TR>
<TR>
<TD class="tr4 td303"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td202"><P class="p18 ft3">Europaparlamentets</P></TD>
<TD class="tr4 td128"><P class="p32 ft3">och</P></TD>
<TD colspan=2 class="tr4 td233"><P class="p16 ft3">rådets</P></TD>
</TR>
<TR>
<TD class="tr4 td303"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr4 td110"><P class="p16 ft21">förordning (EU) 2019/2033 av den</P></TD>
</TR>
<TR>
<TD class="tr5 td303"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=4 class="tr5 td110"><P class="p16 ft3">27 november 2019 om tillsynskrav</P></TD>
</TR>
<TR>
<TD rowspan=2 class="tr3 td303"><P class="p18 ft2">632</P></TD>
<TD class="tr4 td122"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td155"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td233"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td62"><P class="p18 ft5"> </P></TD>
<TD colspan=2 class="tr4 td254"><P class="p18 ft3">för värdepappersföretag</P></TD>
<TD class="tr4 td56"><P class="p246 ft21">och</P></TD>
<TD class="tr4 td141"><P class="p16 ft3">om</P></TD>
</TR>
<TR>
<TD class="tr40 td122"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td155"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td233"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td62"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td202"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td128"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td56"><P class="p18 ft88"> </P></TD>
<TD class="tr40 td141"><P class="p18 ft88"> </P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
<DIV id="page_633" style="position:relative; overflow: hidden;margin: 50px 0px 79px 272px;padding: 0px;border: none;width: 352px;">
<TABLE cellpadding=0 cellspacing=0 style="width: 302px;font: italic 13px 'Times New Roman';">
<TR>
<TD class="tr2 td228"><P class="p18 ft3">ändring av förordningarna (EU)</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td228"><P class="p18 ft3">nr 1093/2010, (EU) nr 575/2013,</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 9</P></TD>
</TR>
<TR>
<TD class="tr4 td228"><P class="p18 ft3">(EU) nr 600/2014 och (EU) nr</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td228"><P class="p18 ft3">806/2014.</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
</TABLE>
<P class="p523 ft2">633</P>
</DIV>
<DIV id="page_634" style="position:relative; overflow: hidden;margin: 48px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<TABLE cellpadding=0 cellspacing=0 class="t82">
<TR>
<TD class="tr19 td199"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
<TD class="tr19 td103"><P class="p18 ft1">Lagrådets yttrande</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft2">Bilaga 10</P></TD>
<TD class="tr4 td103"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr20 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr20 td103"><P class="p18 ft2">Utdrag ur protokoll vid sammanträde <NOBR>2021-03-23</NOBR></P></TD>
</TR>
<TR>
<TD class="tr18 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td103"><P class="p18 ft2"><SPAN class="ft22">Närvarande: </SPAN>F.d. justitierådet Eskil Nord samt justitieråden</P></TD>
</TR>
<TR>
<TD class="tr4 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td103"><P class="p18 ft2"><NOBR>Inga-Lill</NOBR> Askersjö och Petter Asp</P></TD>
</TR>
<TR>
<TD class="tr18 td199"><P class="p18 ft5"> </P></TD>
<TD class="tr18 td103"><P class="p18 ft22">Nya kapitaltäckningsregler för värdepappersbolag</P></TD>
</TR>
</TABLE>
<P class="p986 ft2">Enligt en lagrådsremiss den 25 februari 2021 har regeringen (Finansdepartementet) beslutat inhämta Lagrådets yttrande över förslag till</P>
<P class="p489 ft2"><SPAN class="ft2">1.</SPAN><SPAN class="ft15">lag om ändring i lagen (2007:528) om värdepappersmarknaden,</SPAN></P>
<P style="text-align: left;padding-left: 146px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;text-indent: -19px;" class="ft2"><SPAN class="ft2">2.</SPAN><SPAN class="ft15">lag om ändring i lagen (2014:968) om särskild tillsyn över kredit- institut och värdepappersbolag,</SPAN></P>
<P class="p489 ft2"><SPAN class="ft2">3.</SPAN><SPAN class="ft15">lag om ändring i lagen (2014:966) om kapitalbuffertar,</SPAN></P>
<P class="p540 ft2"><SPAN class="ft2">4.</SPAN><SPAN class="ft15">lag om ändring i kreditupplysningslagen (1973:1173),</SPAN></P>
<P style="text-align: left;padding-left: 146px;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;text-indent: -19px;" class="ft2"><SPAN class="ft2">5.</SPAN><SPAN class="ft15">lag om ändring i lagen (1980:1097) om Svenska skeppshypoteks- kassan,</SPAN></P>
<P class="p540 ft2"><SPAN class="ft2">6.</SPAN><SPAN class="ft15">lag om ändring i sparbankslagen (1987:619),</SPAN></P>
<P class="p489 ft2"><SPAN class="ft2">7.</SPAN><SPAN class="ft15">lag om ändring i lagen (1988:1385) om Sveriges riksbank,</SPAN></P>
<P style="text-align: left;padding-left: 146px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;text-indent: -19px;" class="ft2"><SPAN class="ft2">8.</SPAN><SPAN class="ft15">lag om ändring i lagen (1991:980) om handel med finansiella instrument,</SPAN></P>
<P style="text-align: left;padding-left: 146px;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;text-indent: -19px;" class="ft2"><SPAN class="ft2">9.</SPAN><SPAN class="ft15">lag om ändring i lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag,</SPAN></P>
<P class="p540 ft2"><SPAN class="ft2">10.</SPAN><SPAN class="ft17">lag om ändring i inkomstskattelagen (1999:1229),</SPAN></P>
<P style="text-align: left;padding-left: 146px;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;text-indent: -19px;" class="ft2"><SPAN class="ft2">11.</SPAN><SPAN class="ft17">lag om ändring i lagen (2000:192) om allmänna pensionsfonder </SPAN><NOBR>(AP-fonder),</NOBR></P>
<P class="p540 ft2"><SPAN class="ft2">12.</SPAN><SPAN class="ft17">lag om ändring i lagen (2004:46) om värdepappersfonder,</SPAN></P>
<P class="p489 ft2"><SPAN class="ft2">13.</SPAN><SPAN class="ft17">lag om ändring i lagen (2004:297) om bank- och finansieringsrörelse,</SPAN></P>
<P style="text-align: left;padding-left: 146px;padding-right: 69px;margin-top: 0px;margin-bottom: 0px;text-indent: -19px;" class="ft2"><SPAN class="ft2">14.</SPAN><SPAN class="ft17">lag om ändring i lagen (2006:531) om särskild tillsyn över finansiella konglomerat,</SPAN></P>
<P class="p489 ft2"><SPAN class="ft2">15.</SPAN><SPAN class="ft17">lag om ändring i lagen (2010:751) om betaltjänster,</SPAN></P>
<P class="p540 ft2"><SPAN class="ft2">16.</SPAN><SPAN class="ft17">lag om ändring i lagen (2011:755) om elektroniska pengar,</SPAN></P>
<P style="text-align: left;padding-left: 146px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;text-indent: -19px;" class="ft2"><SPAN class="ft2">17.</SPAN><SPAN class="ft17">lag om ändring i lagen (2013:561) om förvaltare av alternativa investeringsfonder,</SPAN></P>
<P style="text-align: left;padding-left: 146px;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;text-indent: -19px;" class="ft2"><SPAN class="ft2">18.</SPAN><SPAN class="ft17">lag om ändring i lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna,</SPAN></P>
<P class="p489 ft2"><SPAN class="ft2">19.</SPAN><SPAN class="ft17">lag om ändring i lagen (2015:1016) om resolution,</SPAN></P>
<P class="p540 ft2"><SPAN class="ft2">20.</SPAN><SPAN class="ft17">lag om ändring i lagen (2018:1219) om försäkringsdistribution,</SPAN></P>
<P style="text-align: left;padding-left: 146px;padding-right: 68px;margin-top: 0px;margin-bottom: 0px;text-indent: -19px;" class="ft2"><SPAN class="ft2">21.</SPAN><SPAN class="ft17">lag om ändring i lagen (2020:1157) om ändring i lagen (2007:528) om värdepappersmarknaden,</SPAN></P>
<P style="text-align: left;padding-left: 146px;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;text-indent: -19px;" class="ft2"><SPAN class="ft2">22.</SPAN><SPAN class="ft17">lag om ändring i lagen (2020:1208) om ändring i lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag,</SPAN></P>
<P style="text-align: left;padding-left: 146px;padding-right: 68px;margin-top: 1px;margin-bottom: 0px;text-indent: -19px;" class="ft2"><SPAN class="ft2">23.</SPAN><SPAN class="ft17">lag om ändring i lagen (2020:1211) om ändring i lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna.</SPAN></P>
<P style="text-align: left;padding-left: 127px;padding-right: 68px;margin-top: 16px;margin-bottom: 0px;" class="ft2">Förslagen har inför Lagrådet föredragits av rättssakkunniga Gabriel Lind af Hageby, Artur Ogelid och Oskar Viström.</P>
<P class="p507 ft2">634</P>
</DIV>
<DIV id="page_635" style="position:relative; overflow: hidden;margin: 53px 0px 79px 68px;padding: 0px;border: none;width: 556px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 406px;overflow: hidden;">
<P class="p14 ft2">Förslagen föranleder följande yttrande.</P>
<P style="font: 13px 'Times New Roman';text-decoration: underline;line-height: 15px;" class="p843">Förslaget till lag om ändring i lagen om värdepappersmarknaden</P>
<P class="p284 ft2">1 kap. 4 a §</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 10px;margin-bottom: 0px;" class="ft2"><SPAN class="ft2">I</SPAN><SPAN class="ft16">paragrafen anges under vilka förkortade benämningar vissa </SPAN><NOBR>EU-rättsakter</NOBR> används i lagen. Den nya benämningen ”värdepappersbolags- förordningen” föreslås nu tas in i paragrafen. Det är emellertid inte endast för förordningen som det används en förkortad benämning i lagen, utan också för värdepappersbolagsdirektivet (se 8 a kap. 9 § och 8 b kap. 4 §). Lagrådet föreslår därför att även direktivet tas in bland de uppräknade rättsakterna i paragrafen.</P>
<P class="p316 ft2">1 kap. 5 §</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 10px;margin-bottom: 0px;" class="ft2">I denna paragraf finns definitioner av begrepp som används i lagen. Ett sådant begrepp är ”finansiellt holdingföretag” som i gällande rätt definierats genom en hänvisning till artikel 4.1.20 i tillsynsförordningen. I lagrådsremissen föreslås att en hänvisning i stället ska göras till artikel</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 1px;margin-bottom: 0px;" class="ft2"><SPAN class="ft2">4.1.16</SPAN><SPAN style="font: 13px 'Times New Roman';margin-left: 10px;line-height: 15px;">i värdepappersförordningen. Den bestämmelse som finns i sistnämnda artikel hänvisar emellertid utan tillägg i sin tur till 4.1.20 i tillsynsförordningen. Enligt Lagrådets mening medför ändringen endast att regleringen blir mer svårtillämpad, utan att rättsläget förändras. Lagrådet förordar därför att ändringen inte görs.</SPAN></P>
<P class="p633 ft2">Även definitionen av ”startkapital” innehåller en hänvisning till en artikel i värdepappersbolagsförordningen som endast hänvisar vidare till en artikel i värdepappersbolagsdirektivet. Tillämpningen skulle underlättas om det i stället hänvisas direkt till direktivet. Lagrådet föreslår därför att hänvisningen i paragrafen ändras i enlighet härmed.</P>
<P class="p316 ft2">8 kap. 1 a §</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 10px;margin-bottom: 0px;" class="ft2">I 8 kap., som har rubriken ”rörelseregler”, regleras bl.a. krav på organisation och verksamhet för värdepappersbolag. I den föreslagna paragrafen föreskrivs att vissa paragrafer i kapitlet inte ska gälla för ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag. Undantagsbestämmelsen syftar till att genomföra artikel 24 i direktivet som anger de krav som andra värdepappersföretag än små och <NOBR>icke-sammanlänkade</NOBR> värdepappers- företag ska uppfylla och som undantagsregeln avses dispensera från. Värdepappersföretag ska ”ha sunda, effektiva och heltäckande arrangemang och processer för att fortlöpande värdera och upprätthålla internt kapital och likvida tillgångar som till belopp, slag och fördelning enligt deras uppfattning är tillräckliga för att täcka arten och nivån på de risker som de kan innebära för andra och som värdepappersföretagen själva är eller kan bli exponerade för.”</P>
<P style="text-align: justify;padding-right: 12px;margin-top: 19px;margin-bottom: 0px;" class="ft31">En av de paragrafer som undantas i 1 a § är 3 § som stadgar att ”[e]tt värdepappersbolags rörelse skall drivas på sådant sätt att bolagets förmåga att fullgöra sina förpliktelser inte äventyras”. Det framstår som högst egendomligt att ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag skulle</P>
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<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 10</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">635</P>
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<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 10</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">636</P>
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<P class="p1065 ft2">vara undantaget från den allmänna och övergripande norm om hur rörelsen ska bedrivas som kommer till uttryck i 3 §.</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 16px;margin-bottom: 0px;" class="ft2">Vid föredragningen har emellertid upplysts att bestämmelsen i 3 § inte bara ger uttryck för en generell norm för hur rörelsen ska bedrivas utan också anses innebära bl.a. en skyldighet att göra en fristående bedömning av om soliditeten och likviditeten är tillräcklig (jfr prop. 2006/07:5 s. 139) samt att undantagsregeln i denna del syftar till att klargöra att någon sådan fristående bedömning i regel inte kommer att behöva göras av ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag. Bestämmelsen avses alltså primärt att dispensera från vissa mer specifika krav som, med stöd av uttalanden i förarbetena, har lästs in i 3 §, men som svårligen kan anses motsvara paragrafens hela innebörd.</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 19px;margin-bottom: 0px;" class="ft2">Att 3 § på detta sätt anses ge uttryck för vissa specifika krav som inte kan sägas ha direkt stöd i paragrafens ordalydelse har tidigare inte utgjort något större problem. Problem uppstår emellertid när man, som i detta lagstiftningsärende, vill göra undantag från dessa krav. Man hamnar då i en svårbemästrad situation. Om man på sätt som föreslås i lagrådsremissen generellt undantar 3 § kommer man också att träffa den mer allmänna aktsamhetsnorm som lagtexten ger uttryck för. Om man i stället försöker att begränsa undantaget så att det avser de mer specifika krav som indirekt kommer till uttryck i 3 §, möts man av svårigheter att klä denna begränsning i ord – den avser ju saker som endast indirekt framgår av lagtexten.</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 19px;margin-bottom: 0px;" class="ft2">Trots sist nämnda svårigheter bör, enligt Lagrådets mening, undantaget begränsas så att lagtexten inte ger intryck av att små och icke- sammanlänkade värdepappersföretag kan bedriva sin verksamhet i strid med den allmänna rörelsenorm som kommer till uttryck i 3 §. En sådan begränsning av undantaget skulle kunna formuleras enligt följande:</P>
<P class="p934 ft2">För ett litet och <NOBR>icke-sammanlänkat</NOBR> värdepappersbolag gäller inte 4 § första eller tredje stycket, 4 c eller 5−8 § eller de särskilda krav på en fristående bedömning av soliditet och likviditet som följer av 3 §.</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 16px;margin-bottom: 0px;" class="ft2">Lagrådet förutsätter att bestämmelsens närmare innebörd utvecklas i författningskommentaren i ljuset av den betydelse som 3 § har ansetts ha enligt tidigare förarbeten.</P>
<P class="p316 ft2">8 kap. 1 c §</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 9px;margin-bottom: 0px;" class="ft2">I paragrafen föreskrivs bl.a. att vissa bolag ska tillämpa bestämmelser i annan lagstiftning i stället för bestämmelser i lagen om värdepappers- marknaden. I första stycket anges direkt i bestämmelsen både vilka paragrafer i lagen om bank- och finansieringsrörelse som ska tillämpas och vilka bestämmelser i lagen om värdepappersmarknaden som inte ska tillämpas.</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 18px;margin-bottom: 0px;" class="ft2">I andra stycket anges också vilka bestämmelser i lagen om bank- och finansieringsrörelse som ska tillämpas, men däremot anges inte vilka</P>
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<P class="p114 ft2">bestämmelser som inte ska tillämpas i lagen om värdepappersmarknaden. Det föreskrivs att förstnämnda bestämmelser ”även” ska tillämpas. Vad ”även” betyder i detta sammanhang är inte klart. Det torde inte vara möjligt att för samma situationer tillämpa både bestämmelserna i lagen om bank- och finansieringsrörelse och dess motsvarigheter i lagen om värdepappersmarknaden.</P>
<P class="p633 ft2">Lagrådet föreslår att det klargörs i författningskommentaren vilka bestämmelser i lagen om värdepappersmarknaden som ska ersättas av bestämmelser i lagen om bank- och finansieringsrörelse.</P>
<P class="p284 ft2">8 kap. 4 §</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 10px;margin-bottom: 0px;" class="ft2">Ett värdepappersbolag ska, enligt de ändringar som införs i paragrafen genom lagrådsremissen, bl.a. ha kontroll över de risker som bolaget är eller kan bli exponerat för eller som bolaget innebär eller kan innebära för andra (första stycket) samt ha ett kapital som täcker arten och nivån på de risker som bolaget är eller kan komma att bli exponerat för eller som bolaget innebär eller kan innebära för andra (tredje stycket).</P>
<P class="p633 ft2">En tolkning av skrivningen ”bolaget innebär eller kan innebära för andra” leder närmast till att det är bolaget i sig som utgör en risk. Detta torde inte vara avsikten, utan vad som avses är snarare att bolaget ska ha tillfredsställande kontroll över att bolaget inte genom sin verksamhet, brist på kapital etc. utsätter andra för risker. Ordet ”innebär” bör därför ersättas med ett begrepp som bättre avspeglar vad som avses. Ett begrepp som används i den meningen är ”utsätter” i 2 a kap. 1 § första stycket 2 lagen om särskild tillsyn över kreditinstitut och värdepappersbolag. Det kan vara lämpligt att använda även här.</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 19px;margin-bottom: 0px;" class="ft2">Lagrådet föreslår att orden ”innebär” respektive ”innebära” i första och tredje styckena byts ut mot ”utsätter” respektive ”utsätta”.</P>
<P style="font: 13px 'Times New Roman';text-decoration: underline;line-height: 15px;" class="p806">Förslaget till lag om ändring i lagen om särskild tillsyn över kreditinstitut och värdepappersbolag</P>
<P class="p284 ft2">1 kap. 1 §</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 9px;margin-bottom: 0px;" class="ft2">I tredje och fjärde styckena anges vilka kapitel i lagen som kompletterar vissa förordningar och genomför vissa direktiv.</P>
<P class="p806 ft2">I femte stycket anges att ”gemensamma bestämmelser” finns i övriga kapitel. Eftersom det är fråga om bestämmelser som kompletterar förordningar eller genomför direktiv kan de inte hänvisas till som ”gemensamma”. Lagrådet föreslår att begreppet gemensamma bestämmelser utgår och att det femte stycket ges följande lydelse.</P>
<P class="p633 ft2">I övriga kapitel finns bestämmelser som kompletterar såväl tillsyns- förordningen som värdepappersförordningen och som genomför såväl kapitaltäckningsdirektivet som värdepappersbolagsdirektivet.</P>
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<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 10</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">637</P>
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<P class="p14 ft2">Prop. 2020/21:173 Bilaga 10</P>
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<P class="p14 ft2">2 a kap. 1 §</P>
<P style="text-align: justify;padding-right: 63px;margin-top: 9px;margin-bottom: 0px;" class="ft31">Paragrafen handlar om olika saker. Första, andra och fjärde styckena handlar om att Finansinspektionen ska fatta beslut i vissa angivna hänseenden, medan det tredje stycket handlar om att inspektionen under vissa förutsättningar får avstå från att fatta beslut eller inte ska fatta beslut.</P>
<P class="p934 ft2">Läsbarheten och tillämpningen av regleringen av inspektionens åligganden i de hänseenden paragrafen behandlar skulle öka om den delades upp i två paragrafer, där 1 § handlar om när inspektionen ska fatta beslut och den efterföljande paragrafen om när inspektionen får eller ska avstå från detta. Lagrådet föreslår därför att det tredje stycket lyfts ut ur paragrafen och i stället bildar en ny paragraf med följande lydelse.</P>
<P class="p934 ft2">Finansinspektionen får avstå från att besluta om ett särskilt kapitalbaskrav enligt 1 § om en överträdelse är ringa eller ursäktlig, om värdepappers- bolaget gör rättelse eller om någon annan myndighet har vidtagit åtgärder mot bolaget och dessa åtgärder bedöms tillräckliga.</P>
<P class="p934 ft2">Bestämmelserna i 1 § gäller inte om överträdelsen är så allvarlig att verksamhetstillståndet i stället ska återkallas.</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 16px;margin-bottom: 0px;" class="ft2">Godtas detta förslag behöver omnumrering göras av efterföljande paragrafer i kapitlet.</P>
<P class="p284 ft2">4 a kap. 2 och 3 §§</P>
<P class="p997 ft2">Det nya kapitlet handlar om tillsynsansvar för värdepappersföretags- koncerner och har samma uppbyggnad som 4 kap.</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 16px;margin-bottom: 0px;" class="ft2">Sista stycket i 2 § är likalydande med sista stycket i 3 §. Bestämmelserna föreskriver att Finansinspektionen ska ge vissa företag tillfälle att yttra sig innan inspektionen ingår överenskommelser med andra behöriga myndigheter om att dessa ska ansvara för tillsynen. Bestämmelserna motsvarar 4 kap. 2 § andra stycket och 3 § andra stycket.</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 16px;margin-bottom: 0px;" class="ft2">Enligt Lagrådets mening skulle en bättre struktur uppnås och tillämpningen underlättas om de två styckena lyfts ut ur respektive paragraf och i stället bildar en ny paragraf av följande lydelse.</P>
<P class="p934 ft2">Innan Finansinspektionen och de övriga berörda myndigheterna ingår en överenskommelse enligt 2 eller 3 § ska det blandade finansiella moderholdingföretaget inom EES, det värdepappersinriktade moderholdingföretaget inom EES eller det värdepappersbolag eller motsvarande utländska företag som har den största balansomslutningen, beroende på vad som är tillämpligt, ges tillfälle att yttra sig.</P>
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<P class="p899 ft2">Europeiska kommissionen och Europeiska bankmyndigheten ska underrättas om överenskommelsen.</P>
<P class="p579 ft2">638</P>
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<P class="p14 ft2">5 kap. 2 §</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 9px;margin-bottom: 0px;" class="ft2">Den nya bestämmelse som i lagrådsremissen föreslås i 5 a kap. 2 § har sin motsvarighet i bestämmelsen i 5 kap. 2 §. Lagrådet har synpunkter på bestämmelsernas ordalydelse i två avseenden.</P>
<P class="p633 ft2">För det första föreskrivs i paragraferna att i det fall det framkommer att ett kreditinstituts interna metoder innebär väsentliga brister i fråga om att identifiera risker ska Finansinspektionen gripa in. Ordet ”innebär” bör bytas ut mot ”har” eftersom ordet ”innebär” syftar på bristerna och inte på riskerna.</P>
<P class="p633 ft2">I nu aktuell paragraf föreskrivs vidare att Finansinspektionen ska se till att institutet åtgärdar metoderna eller vidtar nödvändiga åtgärder för att minska följderna av dem. I paragrafens motsvarighet i föreslagna 5 a kap. 2 § har emellertid ordet ”metoderna” bytts ut mot ”bristerna” vilket mer korrekt och tydligare beskriver vad som avses, dvs. vad som ska åtgärdas. Lagrådet föreslår därför att ”metoderna” byts ut mot ”bristerna” även i denna paragraf.</P>
<P class="p316 ft2">5 a kap. 2 §</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 10px;margin-bottom: 0px;" class="ft2">Beträffande ordet ”innebär” i paragrafen, se Lagrådets synpunkter beträffande 5 kap. 2 §.</P>
<P class="p284 ft2">5 a kap. 3 §</P>
<P style="text-align: justify;padding-right: 12px;margin-top: 9px;margin-bottom: 0px;" class="ft31">Av 3 § följer att Finansinspektionen under angivna förutsättningar ska kräva att ett bolag visar att följderna av att vissa krav inte uppfylls är oväsentliga. Ordet ”oväsentliga” bör – trots att det används i den svenska språkversionen av direktivet − bytas ut mot ”obetydliga” som bättre ger uttryck för vad som avses. Motsvarande ändring bör göras i 5 kap. 3 och</P>
<P class="p83 ft2"><SPAN class="ft2">4</SPAN><SPAN class="ft17">§§.</SPAN></P>
<P class="p284 ft2"><SPAN class="ft2">5</SPAN><SPAN class="ft17">a kap. 4 §</SPAN></P>
<P style="text-align: justify;padding-right: 13px;margin-top: 9px;margin-bottom: 0px;" class="ft2">Paragrafen avses motsvara 5 kap. 4 §. I den paragrafen anges att Finansinspektionen i sin tillsyn i visst hänseende får kräva vissa förbättringar. Om det anses osannolikt att dessa krav kommer att uppfyllas inom ”tidsfristen” kan ett värdepappersbolags tillstånd återkallas eller begränsas. Denna tidsfrist anges i 5 kap. 4 § som en ”lämplig tidsfrist” medan motsvarande tidsfrist i denna paragraf anges som ”den angivna tidsfristen”. Detta uttryck är alltså ett annat än det som används i 5 kap. 4 § och är dessutom otydligt. För att det ska kunna användas torde krävas att det finns en tidsfrist angiven i lagen.</P>
<P style="text-align: justify;padding-right: 13px;margin-top: 19px;margin-bottom: 0px;" class="ft2">Lagrådet föreslår att uttrycket ”en lämplig tidsfrist” används även i denna paragraf.</P>
<P class="p806 ft2">Beträffande ordet ”oväsentliga”, som förekommer även i denna paragraf, se Lagrådets synpunkt under 5 a kap. 3 §.</P>
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<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 10</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">639</P>
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<P style="text-align: left;padding-left: 13px;padding-right: 15px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 10</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">640</P>
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<P class="p14 ft2">7 kap. 3 §</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 9px;margin-bottom: 0px;" class="ft2">I andra stycket regleras att Finansinspektionen får besluta att använda sig av andra tillsynsmetoder än gruppbaserad tillsyn mot vissa företag. Det avser enligt ordalydelsen i paragrafen tillsyn över de utländska företag som motsvarar kreditinstitut, alltså endast utländska företag. Av författningskommentaren framgår dock uttryckligen att även svenska företag ska omfattas, vilket förefaller logiskt. Det synes vara ett rent misstag att de inte angivits i paragrafen. Lagrådet föreslår därför att orden ”kreditinstitut och” läggs till före orden ”de utländska företag som motsvarar kreditinstitut” på två ställen i andra stycket.</P>
<P class="p148 ft2">7 a kap. 1 §</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 9px;margin-bottom: 0px;" class="ft2">I paragrafen regleras hur Finansinspektionen ska förfara när ett värdepappersbolag (som inte står under viss annan tillsyn) ingår i en grupp med minst ett annat värdepappersbolag eller motsvarande utländskt företag inom EES och det gemensamma moderföretaget har sitt huvudkontor utanför EES. Ordalydelsen av bestämmelsen är oklar i två avseenden.</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 18px;margin-bottom: 0px;" class="ft2">Den första fråga som inställer sig är vad som avses med en grupp. Det som skulle kunna avses är bolaget tillsammans med andra värdepappersbolag som regleras i paragrafen. Det skulle också kunna avse en koncern. Vid föredragningen har förklarats att det som avses är en koncern. Det stöds också av att det i den efterkommande paragrafen, som reglerar Finansinspektionens fortsatta agerande, föreskrivs att den gäller koncerner. I nu aktuell paragraf bör därför ordet ”grupp” bytas ut mot ”koncern”.</P>
<P style="text-align: justify;padding-right: 68px;margin-top: 18px;margin-bottom: 0px;" class="ft2">Den andra frågan är vad som avses med ”det gemensamma moderföretaget”. Avses då koncernens moderbolag eller moderbolaget till de bolag som regleras i bestämmelsen? Eftersom det är tillsynen i det land där moderbolaget har sitt huvudkontor som Finansinspektionen ska bedöma är det av vikt att det klargörs. Vid föredragningen har framförts att det som avses är såväl koncernens moderbolag, som moderföretag längre ned i koncernen. Det kan då bli fråga om flera moderbolag som har huvudkontor i olika länder. Det innebär i sin tur att det kan bli fler länders tillsyn som Finansinspektionen ska bedöma. Detta bör avspeglas i lagtexten genom att ”det gemensamma moderföretaget” byts ut mot ”deras gemensamma moderföretag”. Det bör också i författningskommentaren tydliggöras vad som avses med sistnämnda begrepp och vad det får för betydelse för Finansinspektionens tillsyn.</P>
<P class="p148 ft2">7 a kap. 2 §</P>
<P class="p997 ft2">Denna paragraf innehåller två slags bestämmelser, dels bestämmelser om vad Finansinspektionen får kräva i ett visst hänseende, dels bestämmelser om att beslut om krav ska föregås av visst samråd och att kommissionen och Europeiska bankmyndigheten ska underrättas om de åtgärder som inspektionen vidtar enligt paragrafen.</P>
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<P class="p114 ft2">Enligt Lagrådets mening är det otydligt vad som avses med ”åtgärder” i sammanhanget. Det kan uppfattas som beslut om lämpliga tillsynsmetoder eller beslut inom ramen för sådana metoder eller enbart att beslut fattas om de krav som inspektionen ställer eller också om alla dessa saker. Det bör förtydligas i författningskommentaren vilka åtgärder som avses.</P>
<P class="p633 ft2">Av motsvarande skäl som Lagrådet anfört under 4 a kap. 2 och 3 §§ föreslår Lagrådet att bestämmelserna i andra och tredje styckena lyfts ut ur paragrafen och i stället bildar en ny paragraf av följande lydelse.</P>
<P class="p806 ft2">Innan Finansinspektionen fattar beslut enligt 2 § ska inspektionen samråda med övriga berörda myndigheter.</P>
<P class="p806 ft2">Finansinspektionen ska underrätta de berörda myndigheterna, Europeiska kommissionen och Europeiska bankmyndigheten om åtgärder som den vidtar med stöd av 2 §.</P>
<P style="font: 13px 'Times New Roman';text-decoration: underline;line-height: 15px;" class="p284">Övriga lagförslag</P>
<P class="p284 ft2">Lagrådet lämnar förslagen utan erinran.</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 10</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">641</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_642" style="position:relative; overflow: hidden;margin: 52px 0px 79px 36px;padding: 0px;border: none;width: 588px;">
<DIV style="border:none;margin: 0px 0px 0px 13px;padding: 0px;border:none;width: 475px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 99px;overflow: hidden;">
<P class="p14 ft2">Prop. 2020/21:173 Bilaga 11</P>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 15px;padding: 0px;border:none;width: 361px;overflow: hidden;">
<P style="font: 20px 'Times New Roman';line-height: 23px;" class="p14">Parallelluppställning över genomförandet i svensk rätt av Europaparlamentets och rådets direktiv (EU) 2019/2034</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 16px 0px 0px 130px;padding: 0px;border:none;width: 458px;overflow: hidden;">
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 199px;overflow: hidden;">
<P style="text-align: left;padding-right: 23px;margin-top: 0px;margin-bottom: 0px;" class="ft22">Artikel i Europaparlamentets och rådets direktiv (EU) 2019/2034 av den 27 november 2019 om tillsyn av värde- pappersföretag och om ändring av direktiven 2002/87/EG, 2009/65/EG, 2011/61/EU, 2013/36/EU, 2014/59/EU och 2014/65/EU</P>
<P class="p569 ft2">Artikel 1</P>
<P style="text-align: left;margin-top: 46px;margin-bottom: 0px;" class="ft2">Artikel 2.1</P>
<P style="text-align: left;margin-top: 47px;margin-bottom: 0px;" class="ft2">Artikel 2.2</P>
<P class="p843 ft2">Artikel 3.1.1 och 3.1.2</P>
<P class="p284 ft2">Artikel 3.1.3</P>
<P class="p284 ft2">Artikel 3.1.4</P>
<P class="p843 ft2">Artikel 3.1.5</P>
<P class="p284 ft2">Artikel 3.1.6</P>
<P style="text-align: left;margin-top: 46px;margin-bottom: 0px;" class="ft2">Artikel 3.1.7</P>
<P class="p284 ft2">Artikel 3.1.8</P>
<P class="p284 ft2">Artikel 3.1.9</P>
<P class="p843 ft2">Artikel 3.1.10</P>
<P class="p284 ft2">Artikel 3.1.11</P>
<P class="p284 ft2">Artikel 3.1.12</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 259px;overflow: hidden;">
<P class="p14 ft22">Svenska bestämmelser</P>
<P style="text-align: left;padding-right: 85px;margin-top: 138px;margin-bottom: 0px;" class="ft2">Artikeln anger direktivets syfte och genomförs inte i någon mot- svarande bestämmelse i svensk rätt.</P>
<P style="text-align: left;padding-right: 86px;margin-top: 1px;margin-bottom: 0px;" class="ft2">Artikeln anger direktivets tillämpningsområde och genom- förs inte i någon motsvarande bestämmelse i svensk rätt.</P>
<P style="text-align: left;padding-right: 80px;margin-top: 2px;margin-bottom: 0px;" class="ft2">8 kap. 1 c § lagen (2007:528) om värdepappersmarknaden Termerna eller uttrycken används inte i lagförslagen</P>
<P style="text-align: left;padding-right: 117px;margin-top: 1px;margin-bottom: 0px;" class="ft2">1 kap. 5 § lagen om värde- pappersmarknaden</P>
<P style="text-align: left;padding-right: 117px;margin-top: 1px;margin-bottom: 0px;" class="ft2">1 kap. 6 § lagen om värde- pappersmarknaden</P>
<P style="text-align: left;padding-right: 107px;margin-top: 0px;margin-bottom: 0px;" class="ft2">1 kap. 4 b § lagen om värde- pappersmarknaden</P>
<P style="text-align: left;padding-right: 79px;margin-top: 1px;margin-bottom: 0px;" class="ft2">1 kap. 2 § andra stycket lagen om (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag (tillsynslagen) Uttrycket används inte i lagförslagen</P>
<P style="text-align: left;padding-right: 132px;margin-top: 2px;margin-bottom: 0px;" class="ft2">Uttrycket används inte i lagförslagen</P>
<P style="text-align: left;padding-right: 132px;margin-top: 1px;margin-bottom: 0px;" class="ft2">1 kap. 2 § första stycket tillsynslagen</P>
<P style="text-align: left;padding-right: 141px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Termen används inte i lagförslagen</P>
<P style="text-align: left;padding-right: 80px;margin-top: 1px;margin-bottom: 0px;" class="ft2">1 kap. 5 § lagen om värdepappers- marknaden</P>
<P style="text-align: left;padding-right: 132px;margin-top: 1px;margin-bottom: 0px;" class="ft2">Uttrycket används inte i lagförslagen</P>
</DIV>
</DIV>
<DIV style="border:none;margin: 8px 0px 0px 0px;padding: 0px;border:none;width: 588px;overflow: hidden;">
<P class="p14 ft2">642</P>
</DIV>
</DIV>
<DIV id="page_643" style="position:relative; overflow: hidden;margin: 50px 0px 79px 72px;padding: 0px;border: none;width: 502px;">
<TABLE cellpadding=0 cellspacing=0 style="width: 502px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td52"><P class="p18 ft2">Artikel 3.1.13</P></TD>
<TD class="tr2 td50"><P class="p18 ft2">1 kap. 5 § lagen om värde-</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td50"><P class="p18 ft2">pappersmarknaden</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 11</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.14</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">Uttrycket används inte i</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">lagförslagen för att genomföra</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td50"><P class="p18 ft2">värdepappersbolagsdirektivet, se</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">avsnitt 6.3</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.15</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">Termen används inte i</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td50"><P class="p18 ft2">lagförslagen</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.16</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">1 kap. 5 § lagen om värde-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">pappersmarknaden (hemland)</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft2">Artikel 3.1.17</P></TD>
<TD class="tr5 td50"><P class="p18 ft2">Termen används inte i</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">lagförslagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.18</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">1 kap. 5 § lagen om värdepappers-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td50"><P class="p18 ft2">marknaden</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.19</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">1 kap. 4 b § lagen om värde-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">pappersmarknaden</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft2">Artikel 3.1.20</P></TD>
<TD class="tr5 td50"><P class="p18 ft2">1 kap. 2 § första stycket tillsyns-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">lagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.21</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">1 kap. 4 b § lagen om värde-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td50"><P class="p18 ft2">pappersmarknaden och 1 kap. 2 §</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">första stycket tillsynslagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.22</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">1 kap. 4 c § lagen om värde-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td50"><P class="p18 ft2">pappersmarknaden</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.23 och 3.1.24</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">Termerna eller uttrycken används</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">inte i lagförslagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft2">Artikel 3.1.25</P></TD>
<TD class="tr5 td50"><P class="p18 ft2">1 kap. 5 § lagen om värdepappers-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">marknaden</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.26</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">1 kap. 2 § första stycket tillsyns-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td50"><P class="p18 ft2">lagen</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.27</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">Uttrycket används inte i</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">lagförslagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft2">Artikel 3.1.28</P></TD>
<TD class="tr5 td50"><P class="p18 ft2">1 kap. 2 § första stycket tillsyns-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">lagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.29</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">1 kap. 2 § första stycket tillsyns-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td50"><P class="p18 ft2">lagen</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.30</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">1 kap. 2 § första stycket</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">tillsynslagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft2">Artikel 3.1.31</P></TD>
<TD class="tr5 td50"><P class="p18 ft2">Termerna eller uttrycken används</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">inte i lagförslagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.32</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">1 kap. 2 § första stycket tillsyns-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td50"><P class="p18 ft2">lagen</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 3.1.33</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">1 kap. 2 § första stycket tillsyns-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">lagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft2">Artikel 3.2</P></TD>
<TD class="tr5 td50"><P class="p18 ft2">Artikeln riktar sig inte till</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">medlemsstaterna</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 4.1</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">23 kap. lagen om värdepappers-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td50"><P class="p18 ft2">marknaden och 1 kap. 4 §</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td50"><P class="p18 ft2">tillsynslagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 4.2</P></TD>
<TD class="tr4 td50"><P class="p18 ft2">23 kap. lagen om värdepappers-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td50"><P class="p18 ft2">marknaden och 1 kap. 4 § tillsyns-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td50"><P class="p18 ft2">lagen</P></TD>
<TD class="tr5 td227"><P class="p29 ft2">643</P></TD>
</TR>
</TABLE>
</DIV>
<DIV id="page_644" style="position:relative; overflow: hidden;margin: 51px 0px 79px 36px;padding: 0px;border: none;width: 511px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 130px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 18px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 11</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">644</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 381px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 381px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td106"><P class="p18 ft2">Artikel 4.3</P></TD>
<TD class="tr2 td215"><P class="p18 ft2">23 kap. <NOBR>1–3</NOBR> och 4 §§ lagen om</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">värdepappersmarknaden samt</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">4 a kap. och 6 kap. 1 § tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">lagen</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 4.4</P></TD>
<TD class="tr5 td215"><P class="p18 ft31">Bedöms uppfylld i gällande rätt, se</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">avsnitt 11.1</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 4.5</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">8 kap. 5 § och 23 kap. 2 § lagen</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">om värdepappersmarknaden,</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">6 kap. 1 § tillsynslagen och</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">föreskrifter på lägre nivå än lag</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 4.6</P></TD>
<TD class="tr5 td215"><P class="p18 ft2">8 kap. 5 § lagen om värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">marknaden och föreskrifter på</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">lägre nivå än lag</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel <NOBR>5.1–5.3</NOBR></P></TD>
<TD class="tr5 td215"><P class="p18 ft2">1 kap. 3 a § tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 5.4</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">1 kap. 3 b § tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 5.5</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">1 kap. 3 a och 3 b §§ tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft31">och föreskrifter på förordningsnivå</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 5.6</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">Artikeln riktar sig inte till</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">medlemsstaterna</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 6</P></TD>
<TD class="tr5 td215"><P class="p18 ft2">Artikeln kräver inte några</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">lagstiftningsåtgärder eftersom</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">Finansinspektionen är behörig</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">myndighet och även ansvarar för</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">tillsynen över kreditinstitut och</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">finansiella institut, se</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">avsnitt 12.1.1</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 7</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">23 kap. 5 § lagen om värdepap-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">persmarknaden, 6 kap. 3 §</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">tillsynslagen och föreskrifter på</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">förordningsnivå</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 8</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">5 § 2 förordningen (2009:93) med</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft31">instruktion för Finansinspektionen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 9</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">3 kap. 6 § första stycket lagen om</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">värdepappersmarknaden</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 10 a</P></TD>
<TD class="tr5 td215"><P class="p18 ft2">3 kap. 6 § första stycket lagen om</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">värdepappersmarknaden och</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">9 kap. 4 § lagen (2013:561) om</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">förvaltare av alternativa</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">investeringsfonder</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 10 b och c</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">3 kap. 6 § första stycket lagen om</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">värdepappersmarknaden</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 11</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">3 kap. 6 § andra stycket lagen om</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">värdepappersmarknaden</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 12</P></TD>
<TD class="tr5 td215"><P class="p18 ft2">23 kap. 1 § lagen om värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">pappersmarknaden och 1 kap. 6 §</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel <NOBR>13.1–13.4</NOBR> och 13.6</P></TD>
<TD class="tr5 td215"><P class="p18 ft2">23 kap. 5 § lagen om värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">pappersmarknaden och 6 kap. 3 §</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 13.5</P></TD>
<TD class="tr5 td215"><P class="p18 ft2">6 kap. 5 § tillsynslagen</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_645" style="position:relative; overflow: hidden;margin: 50px 0px 79px 72px;padding: 0px;border: none;width: 502px;">
<DIV>
<DIV style="float:left;border:none;margin: 3px 0px 0px 0px;padding: 0px;border:none;width: 198px;overflow: hidden;">
<P class="p14 ft2">Artikel <NOBR>13.7–13.9</NOBR></P>
<P class="p843 ft2">Artikel 14.1</P>
<P style="text-align: left;margin-top: 31px;margin-bottom: 0px;" class="ft2">Artikel 14.2</P>
<P class="p188 ft2">Artikel 15</P>
<P style="text-align: left;margin-top: 46px;margin-bottom: 0px;" class="ft2">Artikel 16</P>
<P class="p14 ft2">Artikel 17</P>
<P class="p284 ft2">Artikel 18</P>
<P style="text-align: left;margin-top: 31px;margin-bottom: 0px;" class="ft2">Artikel 19</P>
<P style="text-align: left;margin-top: 31px;margin-bottom: 0px;" class="ft2">Artikel 20</P>
<P class="p14 ft2">Artikel 21</P>
<P style="text-align: left;margin-top: 31px;margin-bottom: 0px;" class="ft2">Artikel 22.1 första stycket</P>
<P style="text-align: left;margin-top: 46px;margin-bottom: 0px;" class="ft2">Artikel 22.1 andra stycket a</P>
<P style="text-align: left;margin-top: 47px;margin-bottom: 0px;" class="ft2">Artikel 22.1 andra stycket b</P>
<P style="text-align: justify;padding-right: 50px;margin-top: 72px;margin-bottom: 0px;font: 13px 'Times New Roman';line-height: 27px;">Artikel 22.1 andra stycket c Artikel 22.1 andra stycket d Artikel 22.2</P>
<P style="text-align: left;margin-top: 31px;margin-bottom: 0px;" class="ft2">Artikel 23</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 304px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 304px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td50"><P class="p18 ft2">Artiklarna riktar sig inte till</P></TD>
<TD class="tr2 td227"><P class="p18 ft2">Prop. 2020/21:173</P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">medlemsstaterna</P></TD>
<TD class="tr5 td227"><P class="p18 ft2">Bilaga 11</P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">23 kap. 6 § lagen om värde-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">pappersmarknaden och 6 kap. 6 §</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">tillsynslagen</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">23 kap. 4 och 5 §§ lagen om värde-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">pappersmarknaden och 6 kap. 3 §</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">tillsynslagen</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">8 kap. 3 § och 30 kap. 4 och 7 §§</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">offentlighets- och sekretesslagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">(2009:400) och föreskrifter på</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">förordningsnivå</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">Föreskrifter på förordningsnivå</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">23 kap. 8 och 9 §§ lagen om värde-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">pappersmarknaden</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">25 kap. 1, 1 d, 2, 2 a och</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2"><NOBR>8–10</NOBR> §§ lagen om värdepappers-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">marknaden</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">23 kap. 2, 3 och 4 §§ lagen om</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">värdepappersmarknaden och</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">6 kap. 1, 8 och 9 §§ tillsynslagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">Föreskrifter på förordningsnivå</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">23 kap. 5 § lagen om värde-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">pappersmarknaden och 6 kap. 3 §</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">tillsynslagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">Förordningen (2016:1318) om</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">Finansinspektionens rutiner för</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">mottagande av anmälningar om</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">regelöverträdelser</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">Förordningen om Finans-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">inspektionens rutiner för</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">mottagande av anmälningar om</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">regelöverträdelser</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">7 och 18 §§ lagen (1982:80) om</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">anställningsskydd och 4 och 9 §§</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">lagen (2016:749) om särskilt</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">skydd mot repressalier för</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">arbetstagare som slår larm om</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">allvarliga missförhållanden</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">Kräver inte någon lagstiftnings-</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">åtgärd, se avsnitt 11.12</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">30 kap. 4 b § första stycket</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">offentlighets- och sekretesslagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">1 kap. 11 § andra stycket och</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">8 kap. 4 a och 4 b §§ lagen om</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">värdepappersmarknaden</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr5 td50"><P class="p18 ft2">26 kap. 1 § lagen om värde-</P></TD>
<TD class="tr5 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">pappersmarknaden och 11 kap. 1 §</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr4 td50"><P class="p18 ft2">tillsynslagen</P></TD>
<TD class="tr4 td227"><P class="p18 ft5"> </P></TD>
</TR>
<TR>
<TD class="tr26 td50"><P class="p18 ft5"> </P></TD>
<TD class="tr26 td227"><P class="p29 ft2">645</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_646" style="position:relative; overflow: hidden;margin: 51px 0px 79px 36px;padding: 0px;border: none;width: 513px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 130px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 18px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 11</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">646</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 383px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 383px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td106"><P class="p18 ft2">Artikel 24.1 och 24.2 första</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr2"><P class="p18 ft2">8 kap. 1 a § första stycket, 3 §, 4 §</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">stycket</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">tredje och fjärde styckena och 6 §</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">lagen om värdepappersmarknaden</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 24.2 andra stycket</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft31">8 kap. 1 a § andra stycket lagen om</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">värdepappersmarknaden</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 25.1</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">8 kap. 1 a § första stycket lagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">om värdepappersmarknaden</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 25.2</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">8 kap. 1 a § tredje stycket lagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">om värdepappersmarknaden</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 25.3</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">8 kap. 1 b § lagen om värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">pappersmarknaden</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 25.4 första stycket</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">8 kap. 4 § lagen om värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">marknaden och föreskrifter som</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">meddelas med stöd av 8 kap.</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">35 § 1 samma lag</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 25.4 andra och tredje</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">3 a kap. 1 § första stycket tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">styckena</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">lagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 25.4 fjärde stycket</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">3 a kap. 1 § andra stycket tillsyns-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">lagen</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 26.1 och 26.2</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">8 kap. 4 § första stycket, 4 c, 5 och</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">11 §§ lagen om värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">marknaden och föreskrifter som</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">meddelas med stöd av 8 kap.</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">35 § 1 samma lag</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 26.3</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">8 kap. 4 § första stycket och 6 §</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">lagen om värdepappersmarknaden</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 26.4</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">Artikeln riktar sig inte till</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">medlemsstaterna</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 27</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">7 kap. 4 § Finansinspektionens</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">föreskrifter och allmänna råd</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">(FFFS 2008:25) om årsredovisning</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">i kreditinstitut och värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">bolag</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 28</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">Föreskrifter som meddelas med</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">stöd av 8 kap. 35 § 1 lagen om</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">värdepappersmarknaden</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel <NOBR>29.1–29.3</NOBR></P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">8 kap. 4 § lagen om värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">marknaden och föreskrifter som</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">meddelas med stöd av 8 kap.</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">35 § 1 samma lag</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 29.4</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">Artikeln riktar sig inte till</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">medlemsstaterna</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel <NOBR>30.1–30.3</NOBR></P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">8 kap. 7 och 8 §§ lagen om</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">värdepappersmarknaden och</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">föreskrifter som meddelas med</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">stöd av 8 kap. 35 § 1 samma lag</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 30.4</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">Artikeln riktar sig inte till</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">medlemsstaterna</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 31</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">Föreskrifter på lägre nivå än lag</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artiklarna <NOBR>32–34</NOBR></P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">8 kap. 4 § lagen om värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">marknaden och föreskrifter som</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_647" style="position:relative; overflow: hidden;margin: 53px 0px 79px 72px;padding: 0px;border: none;width: 552px;">
<DIV>
<DIV style="float:left;border:none;margin: 30px 0px 0px 0px;padding: 0px;border:none;width: 198px;overflow: hidden;">
<P class="p14 ft2">Artikel 35</P>
<P class="p284 ft2">Artikel <NOBR>36.1–36.3</NOBR></P>
<P style="text-align: left;margin-top: 62px;margin-bottom: 0px;" class="ft2">Artikel 36.4</P>
<P class="p843 ft2">Artikel 37</P>
<P class="p102 ft2">Artikel 38</P>
<P style="text-align: left;margin-top: 31px;margin-bottom: 0px;" class="ft2">Artikel 39.1</P>
<P style="text-align: left;margin-top: 31px;margin-bottom: 0px;" class="ft2">Artikel 39.2 a</P>
<P class="p14 ft2">Artikel 39.2 <NOBR>b–j</NOBR></P>
<P style="text-align: left;padding-right: 90px;margin-top: 16px;margin-bottom: 0px;" class="ft2">Artikel 39.2 k Artikel 39.2 l och m</P>
<P class="p284 ft2">Artikel 39.3</P>
<P class="p843 ft2">Artikel 40</P>
<P class="p102 ft2">Artikel 41</P>
<P class="p14 ft2">Artikel 42</P>
<P style="text-align: left;padding-right: 102px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Artikel 43 Artikel 44 a och b Artikel 44 c</P>
<P class="p188 ft2">Artikel 45.1</P>
<P style="text-align: left;margin-top: 31px;margin-bottom: 0px;" class="ft2">Artikel 45.2</P>
<P class="p284 ft2">Artikel <NOBR>46.1–5</NOBR></P>
<P class="p14 ft2">Artikel 46.6</P>
<P class="p14 ft2">Artikel 47</P>
<P class="p284 ft2">Artikel <NOBR>48.1–48.3</NOBR></P>
<P style="text-align: left;margin-top: 31px;margin-bottom: 0px;" class="ft2">Artikel 48.4</P>
<P class="p284 ft2">Artikel 48.5 och 48.6</P>
</DIV>
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 204px;overflow: hidden;">
<P class="p14 ft2">meddelas med stöd av 8 kap.</P>
<P style="text-align: left;padding-right: 71px;margin-top: 0px;margin-bottom: 0px;" class="ft2">35 § 1 samma lag Artikeln riktar sig inte till medlemsstaterna</P>
<P style="text-align: left;padding-right: 24px;margin-top: 1px;margin-bottom: 0px;" class="ft2">8 kap. 4 § lagen om värdepappers- marknaden och föreskrifter på förordningsnivå som meddelas med stöd av 8 kap. 35 § 1 samma lag</P>
<P style="text-align: left;padding-right: 71px;margin-top: 2px;margin-bottom: 0px;" class="ft2">Artikeln riktar sig inte till medlemsstaterna</P>
<P class="p14 ft2">5 a kap. tillsynslagen</P>
<P style="text-align: left;padding-right: 29px;margin-top: 1px;margin-bottom: 0px;" class="ft2">25 kap. 1 § lagen om värde- pappersmarknaden och 8 kap. 1 § tillsynslagen</P>
<P class="p102 ft2">23 kap. 1, 2, 3 och 4 §§ och</P>
<P style="text-align: left;padding-right: 58px;margin-top: 0px;margin-bottom: 0px;" class="ft2">25 kap. 1 § lagen om värde- pappersmarknaden</P>
<P class="p102 ft2">2 a kap. 1 § tillsynslagen</P>
<P style="text-align: left;padding-right: 58px;margin-top: 0px;margin-bottom: 0px;" class="ft2">25 kap. 1 § lagen om värde- pappersmarknaden</P>
<P class="p102 ft2">2 a kap. 5 § tillsynslagen</P>
<P style="text-align: left;padding-right: 58px;margin-top: 0px;margin-bottom: 0px;" class="ft2">25 kap. 1 § lagen om värde- pappersmarknaden</P>
<P style="text-align: left;padding-right: 58px;margin-top: 1px;margin-bottom: 0px;" class="ft2">25 kap. 1 § lagen om värde- pappersmarknaden</P>
<P class="p14 ft2">2 a kap. 1 § tillsynslagen</P>
<P class="p102 ft2">2 a kap. 3 § tillsynslagen</P>
<P class="p14 ft2">2 a kap. 5 § tillsynslagen</P>
<P style="text-align: left;padding-right: 37px;margin-top: 0px;margin-bottom: 0px;" class="ft2">2 a kap. 4 § tillsynslagen Föreskrifter på lägre nivå än lag</P>
<P style="text-align: left;padding-right: 22px;margin-top: 1px;margin-bottom: 0px;" class="ft2">6 kap. 2 § andra stycket tillsyns- lagen och föreskrifter på lägre nivå än lag</P>
<P style="text-align: left;padding-right: 35px;margin-top: 1px;margin-bottom: 0px;" class="ft2">6 kap. 3 § första stycket tillsyns- lagen och föreskrifter på förordningsnivå</P>
<P style="text-align: left;padding-right: 71px;margin-top: 1px;margin-bottom: 0px;" class="ft2">Artikeln riktar sig inte till medlemsstaterna</P>
<P class="p102 ft2">4 a kap. 1 § tillsynslagen</P>
<P class="p14 ft2">4 a kap. <NOBR>2–4</NOBR> §§ tillsynslagen</P>
<P style="text-align: left;padding-right: 35px;margin-top: 0px;margin-bottom: 0px;" class="ft2">6 kap. 3 § första stycket tillsyns- lagen</P>
<P style="text-align: left;padding-right: 35px;margin-top: 1px;margin-bottom: 0px;" class="ft2">6 kap. 3 § första stycket tillsyns- lagen och föreskrifter på förordningsnivå</P>
<P style="text-align: left;padding-right: 71px;margin-top: 1px;margin-bottom: 0px;" class="ft2">Artikeln riktar sig inte till medlemsstaterna</P>
<P style="text-align: left;padding-right: 35px;margin-top: 1px;margin-bottom: 0px;" class="ft2">6 kap. 3 § första stycket tillsyns- lagen och föreskrifter på förordningsnivå</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 11</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">647</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_648" style="position:relative; overflow: hidden;margin: 51px 0px 79px 36px;padding: 0px;border: none;width: 511px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 130px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 18px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 11</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">648</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 381px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 381px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td106"><P class="p18 ft2">Artikel 48.7</P></TD>
<TD class="tr2 td215"><P class="p18 ft2">6 kap. 4 § tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 48.8</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">Artikeln riktar sig inte till</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">medlemsstaterna</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 49</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">23 kap. 5 § lagen om värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">pappersmarknaden och 6 kap. 3 §</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 50</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">23 kap. 6 § lagen om värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">pappersmarknaden och 6 kap. 6 §</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 51</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">4 a kap. 1 § tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 52</P></TD>
<TD class="tr5 td215"><P class="p18 ft2">3 a kap. 2 § tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 53.1</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">6 kap. 1 §, 8 kap. 4, 6 och 8 §§</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 53.2</P></TD>
<TD class="tr5 td215"><P class="p18 ft2">6 kap. 8 § tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 54</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">8 kap. tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 55.1</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">7 a kap. 1 § tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 55.2</P></TD>
<TD class="tr5 td215"><P class="p18 ft2">7 a kap. 2 och 3 §§ tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 55.3</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">7 a kap. 2 § tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 56</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">Artikeln riktar sig inte till</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">medlemsstaterna</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel <NOBR>57.1–57.3</NOBR></P></TD>
<TD class="tr4 td215"><P class="p18 ft2">Föreskrifter på förordningsnivå</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 57.4 och 57.5</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">Artikeln riktar sig inte till</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">medlemsstaterna</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 58</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">Artikeln riktar sig inte till</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">medlemsstaterna</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 59</P></TD>
<TD class="tr5 td215"><P class="p18 ft2">Definitionen av sektors-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">bestämmelser i 1 kap. 3 § 17</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">lagen (2006:531) om särskild</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">tillsyn över finansiella</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">konglomerat</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 60</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">2 kap. 10 § lagen (2004:46) om</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">värdepappersfonder</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 61</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">7 kap. 4 § lagen om förvaltare av</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">alternativa investeringsfonder</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 62.1</P></TD>
<TD class="tr5 td215"><P class="p18 ft2">Titeln på Europaparlamentets och</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">rådets direktiv 2013/36/EU</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">(kapitaltäckningsdirektivet) har</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">ändrats i bestämmelser i flera</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">lagar, bl.a. i 1 kap. 4 a § lagen om</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">värdepappersmarknaden och</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">1 kap. 1 § tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 62.2</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">Artikeln anger direktivets syfte</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">och genomförs inte i någon mot-</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft31">svarande bestämmelse i svensk rätt</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 62.3</P></TD>
<TD class="tr4 td215"><P class="p18 ft2">Avser borttagande av artikel 2.2,</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">2.3 och 2.5.1 samt ändring av</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">artikel 2.6 i kapitaltäcknings-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">direktivet och kräver inte några</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td215"><P class="p18 ft2">särskilda lagstiftningsåtgärder, se</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td215"><P class="p18 ft2">avsnitt 14.4.2</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_649" style="position:relative; overflow: hidden;margin: 51px 0px 79px 72px;padding: 0px;border: none;width: 552px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 382px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 382px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td52"><P class="p18 ft2">Artikel 62.4</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr2"><P class="p18 ft31">Avser borttagande av artikel 3.1.4 i</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">kapitaltäckningsdirektivet och</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">kräver inte några särskilda</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">lagstiftningsåtgärder, se</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">avsnitt 14.4.2</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 62.5</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">Avser borttagande av artikel 5 i</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">kapitaltäckningsdirektivet och</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">kräver inte några särskilda</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">lagstiftningsåtgärder, se</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">avsnitt 14.4.2</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft2">Artikel 62.6</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">Genomförs i annat sammanhang,</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">se avsnitt 3</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 62.7</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">Genomförs i annat sammanhang,</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">se avsnitt 3</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 62.8</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">Artikeln riktar sig inte till</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">medlemsstaterna</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft2">Artikel 62.9</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">7 kap. 4 § tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 62.10</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft31">Avser borttagande av avdelning IV</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">i kapitaltäckningsdirektivet och</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">kräver inte några särskilda</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">lagstiftningsåtgärder, se</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">avsnitt 14.4.2</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft2">Artikel 62.11</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">6 kap. 3 § tillsynslagen och 13 kap.</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">6 a § lagen om bank- och</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">finansieringsrörelse</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft2">Artikel 62.12</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">23 kap. 5 § lagen om värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">pappersmarknaden, 6 kap. 3 §</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">tillsynslagen och 13 kap. 6 a §</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">lagen om bank- och</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">finansieringsrörelse</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 62.13</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">Genomförs i annat sammanhang,</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">se avsnitt 3</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 62.14</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">6 kap. lagen om bank- och</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">finansieringsrörelse</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft2">Artikel 62.15</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">Föreskrifter på lägre nivå än lag</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 62.16</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">15 kap. lagen om bank- och</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">finansieringsrörelse och 9 §</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">förordningen (2014:993) om</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">särskild tillsyn och kapitalbuffertar</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 62.17</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">4 kap. <NOBR>1–3</NOBR> §§ tillsynslagen</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft2">Artikel 62.18</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">23 kap. 5 § lagen om värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">pappersmarknaden, 6 kap. 3 §</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">tillsynslagen och 13 kap. 6 a §</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">lagen om bank- och</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">finansieringsrörelse</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 62.19</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">23 kap. 5 § lagen om värde-</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">pappersmarknaden och 13 kap.</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">6 a § lagen om bank- och</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">finansieringsrörelse</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft2">Artikel 62.20</P></TD>
<TD style="padding: 0px;margin: 0px;width: 184px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">6 kap. 3 § tillsynslagen</P></TD>
</TR>
</TABLE>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 20px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 11</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">649</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_650" style="position:relative; overflow: hidden;margin: 51px 0px 79px 36px;padding: 0px;border: none;width: 512px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 130px;overflow: hidden;">
<P style="text-align: left;padding-left: 13px;padding-right: 18px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 11</P>
<P style="text-align: left;margin-top: 739px;margin-bottom: 0px;" class="ft2">650</P>
</DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 382px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 382px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td106"><P class="p18 ft2">Artikel 62.21</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr2"><P class="p18 ft2">Avser borttagande av artikel 128</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">femte stycket i kapitaltäcknings-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">direktivet och kräver inte några</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">särskilda lagstiftningsåtgärder, se</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">avsnitt 14.4.2</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 62.22</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">3 kap. 3 § lagen (2014:966) om</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">kapitalbuffertar tas bort</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 62.23</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">6 kap. 3 § lagen om kapital-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">buffertar tas bort</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 62.24</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">3 § förordningen om särskild</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">tillsyn och kapitalbuffertar</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 63.1</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft31">Definitionen av värdepappersbolag</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">i 2 kap. 1 § lagen (2015:1016) om</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">resolution</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 63.2</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">Genomförs i annat sammanhang,</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">se avsnitt 3</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 64.1</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">25 kap. 1 § lagen om värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">pappersmarknaden</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 64.2</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">3 kap. 1 § lagen om värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">marknaden</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 64.3</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">4 kap. 4 § och 23 kap. 2 och 5 §§</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft31">lagen om värdepappersmarknaden,</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">se avsnitt 14.1.2</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 64.4</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">4 kap. 4 § lagen om värdepappers-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">marknaden, se avsnitt 14.1.2</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 64.5</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">13 kap. 1 i § lagen om värdepap-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">persmarknaden</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 64.6</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">23 kap. 5 § lagen om värdepap-</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">persmarknaden, se avsnitt 14.1.4</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 64.7</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">Genomförs i annat sammanhang,</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">se avsnitt 3</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 65</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">8 a kap. 9 § och 8 b kap. 4 § lagen</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">om värdepappersmarknaden samt</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">2 kap. 1 § och 27 kap. 13 och</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">14 §§ lagen om resolution</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft2">Artikel 66</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">Artikeln riktar sig inte till</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">medlemsstaterna</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 67.1</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">Ikraftträdandebestämmelserna till</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">lagarna om ändring i lagen om</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">värdepappersmarknaden,</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">tillsynslagen, lagen om värde-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">pappersfonder, lagen om bank-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">och finansieringsrörelse, lagen om</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">särskild tillsyn över finansiella</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">konglomerat, lagen om förvaltare</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">av alternativa investeringsfonder</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">och lagen om resolution, se av-</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">snitten 2.1, 2.2, <NOBR>2.12–2.14,</NOBR> 2.17</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">och 2.19</P></TD>
</TR>
<TR>
<TD class="tr5 td106"><P class="p18 ft2">Artikel 67.2 och 67.3</P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr5"><P class="p18 ft2">Artiklarna riktar sig inte till</P></TD>
</TR>
<TR>
<TD class="tr4 td106"><P class="p18 ft5"> </P></TD>
<TD style="padding: 0px;margin: 0px;width: 183px;vertical-align: bottom;" class="tr4"><P class="p18 ft2">medlemsstaterna</P></TD>
</TR>
</TABLE>
</DIV>
</DIV>
</DIV>
<DIV id="page_651" style="position:relative; overflow: hidden;margin: 51px 0px 79px 72px;padding: 0px;border: none;width: 552px;">
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 375px;overflow: hidden;">
<TABLE cellpadding=0 cellspacing=0 style="width: 375px;font: 13px 'Times New Roman';">
<TR>
<TD class="tr2 td52"><P class="p18 ft2">Artikel 68</P></TD>
<TD class="tr2 td44"><P class="p18 ft2">Artikeln riktar sig inte till</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td44"><P class="p18 ft2">medlemsstaterna</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft2">Artikel 69</P></TD>
<TD class="tr4 td44"><P class="p18 ft2">Artikeln anger att direktivet riktar</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td44"><P class="p18 ft2">sig till medlemsstaterna och ska</P></TD>
</TR>
<TR>
<TD class="tr5 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr5 td44"><P class="p18 ft31">inte genomföras i en motsvarande</P></TD>
</TR>
<TR>
<TD class="tr4 td52"><P class="p18 ft5"> </P></TD>
<TD class="tr4 td44"><P class="p18 ft2">bestämmelse i nationell rätt</P></TD>
</TR>
</TABLE>
</DIV>
<DIV style="float:left;border:none;margin: 2px 0px 0px 27px;padding: 0px;border:none;width: 150px;overflow: hidden;">
<P style="text-align: left;padding-right: 50px;margin-top: 0px;margin-bottom: 0px;" class="ft2">Prop. 2020/21:173 Bilaga 11</P>
<P style="text-align: left;padding-left: 79px;margin-top: 738px;margin-bottom: 0px;" class="ft2">651</P>
</DIV>
</DIV>
</DIV>
<DIV id="page_652" style="position:relative; overflow: hidden;margin: 53px 0px 79px 0px;padding: 0px;border: none;width: 624px;">
<DIV style="position:absolute;top:173px;left:163px;z-index:-1;width:112px;height:1px;font-size: 1px;line-height:nHeight;">
<INGENBILD zsrc="H803173652x1.jpg/" style="width:112px;height:1px;">
</DIV>
<DIV>
<DIV style="float:left;border:none;margin: 0px 0px 0px 0px;padding: 0px;border:none;width: 163px;overflow: hidden;">
<P class="p672 ft2">Prop. 2020/21:173</P>
<P class="p673 ft2">652</P>
</DIV>
<DIV style="float:left;border:none;margin: 1px 0px 0px 0px;padding: 0px;border:none;width: 461px;overflow: hidden;">
<P class="p14 ft1">Finansdepartementet</P>
<P class="p812 ft2">Utdrag ur protokoll vid regeringssammanträde den 8 april 2021</P>
<P style="text-align: left;padding-right: 70px;margin-top: 16px;margin-bottom: 0px;" class="ft2">Närvarande: statsminister Löfven, ordförande, och statsråden Bolund, Johansson, Hultqvist, Andersson, Damberg, Shekarabi, Ygeman, Linde, Ekström, Eneroth, Dahlgren, Ernkrans, Lindhagen, Stenevi, Olsson Fridh</P>
<P class="p284 ft2">Föredragande: statsrådet Lindhagen</P>
<P style="text-align: left;padding-right: 124px;margin-top: 77px;margin-bottom: 0px;" class="ft2">Regeringen beslutar proposition Nya kapitaltäckningsregler för värdepappersbolag</P>
</DIV>
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11Riksdagen antar regeringens förslag till lag om ändring i lagen (2007:528) om värdepappersmarknaden.BifallBifall2020/21:FiU50FiU22Riksdagen antar regeringens förslag till lag om ändring i lagen (2014:968) om särskild tillsyn över kreditinstitut och värdepappersbolag.BifallBifall2020/21:FiU50FiU33Riksdagen antar regeringens förslag till lag om ändring i lagen (2014:966) om kapitalbuffertar.BifallBifall2020/21:FiU50FiU44Riksdagen antar regeringens förslag till lag om ändring i kreditupplysningslagen (1973:1173).BifallBifall2020/21:FiU50FiU55Riksdagen antar regeringens förslag till lag om ändring i lagen (1980:1097) om Svenska skeppshypotekskassan.BifallBifall2020/21:FiU50FiU66Riksdagen antar regeringens förslag till lag om ändring i sparbankslagen (1987:619).BifallBifall2020/21:FiU50FiU77Riksdagen antar regeringens förslag till lag om ändring i lagen (1988:1385) om Sveriges riksbank.BifallBifall2020/21:FiU50FiU88Riksdagen antar regeringens förslag till lag om ändring i lagen (1991:980) om handel med finansiella instrument.BifallBifall2020/21:FiU50FiU99Riksdagen antar regeringens förslag till lag om ändring i lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag.BifallBifall2020/21:FiU50FiU1010Riksdagen antar regeringens förslag till lag om ändring i inkomstskattelagen (1999:1229).BifallBifall2020/21:FiU50FiU1111Riksdagen antar regeringens förslag till lag om ändring i lagen (2000:192) om allmänna pensionsfonder (AP-fonder).BifallBifall2020/21:FiU50FiU1212Riksdagen antar regeringens förslag till lag om ändring i lagen (2004:46) om värdepappersfonder.BifallBifall2020/21:FiU50FiU1313Riksdagen antar regeringens förslag till lag om ändring i lagen (2004:297) om bank- och finansieringsrörelse.BifallBifall2020/21:FiU50FiU1414Riksdagen antar regeringens förslag till lag om ändring i lagen (2006:531) om särskild tillsyn över finansiella konglomerat.BifallBifall2020/21:FiU50FiU1515Riksdagen antar regeringens förslag till lag om ändring i lagen (2010:751) om betaltjänster.BifallBifall2020/21:FiU50FiU1616Riksdagen antar regeringens förslag till lag om ändring i lagen (2011:755) om elektroniska pengar.BifallBifall2020/21:FiU50FiU1717Riksdagen antar regeringens förslag till lag om ändring i lagen (2013:561) om förvaltare av alternativa investeringsfonder.BifallBifall2020/21:FiU50FiU1818Riksdagen antar regeringens förslag till lag om ändring i lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna.BifallBifall2020/21:FiU50FiU1919Riksdagen antar regeringens förslag till lag om ändring i lagen (2015:1016) om resolution.BifallBifall2020/21:FiU50FiU2020Riksdagen antar regeringens förslag till lag om ändring i lagen (2018:1219) om försäkringsdistribution.BifallBifall2020/21:FiU50FiU2121Riksdagen antar regeringens förslag till lag om ändring i lagen (2020:1157) om ändring i lagen (2007:528) om värdepappersmarknaden.BifallBifall2020/21:FiU50FiU2222Riksdagen antar regeringens förslag till lag om ändring i lagen (2020:1208) om ändring i lagen (1995:1559) om årsredovisning i kreditinstitut och värdepappersbolag.BifallBifall2020/21:FiU50FiU2323Riksdagen antar regeringens förslag till lag om ändring i lagen (2020:1211) om ändring i lagen (2014:484) om en databas för övervakning av och tillsyn över finansmarknaderna.BifallBifall2020/21:FiU50FiU2424Riksdagen antar regeringens förslag till lag om ändring i lagen (2021:000) om ändring i lagen (2007:528) om värdepappersmarknaden.BifallBifall2020/21:FiU50FiU2525Riksdagen antar regeringens förslag till lag om ändring i lagen (2021:000) om ändring i lagen (2015:1016) om resolution.BifallBifall2020/21:FiU50FiUBBordlagd2021-04-13 00:00:00inträffat0behandlingINLInlämnad2021-04-13 00:00:00inträffat0behandlingHÄNHänvisad2021-04-14 00:00:00inträffat0behandlingMOTMotionstid slutar2021-04-28 00:00:00inträffat0behandling0218878014918Stefan LöfvenS1Statsråd1062367962120Åsa LindhagenMP2Statsråd2inlamnatavInlämnat avFinansdepartementetH8031732021-06-02 17:04:04statustextstatustextÄrendet är avslutatH8031732021-06-02 17:49:04tilldelatTilldelatFinansutskottetH8031732021-06-02 17:04:04H803173prop_202021__173.pdf4657631pdfNya kapitaltäckningsregler för värdepappersbolaghttps://data.riksdagen.se/fil/9F3B66B5-8F99-4221-A4C3-2EB9FEE062F1behandlas_i2020/21:FiU50H801FiU50bet2020/21FiU50Nya kapitaltäckningsregler för värdepappersbolagbetBetänkande