Mannheimer Swartling helps clients to navigate the Swedish and EU regulatory frameworks, advising fund managers, investment firms, payment institutions, trading platforms and other financial infrastructure and financial companies. We also assist companies in assessing the regulatory perimeter and determining licensed versus unregulated activities.

The regulatory framework for financial services has undergone rapid development in recent years, and the regulatory environment has become ever more complex. Many of the regulations originate at EU level. There is nothing to suggest that this trend will subside.

Complex challenges

The risks associated with conducting regulated business have grown: the market’s reaction to compliance failures is often harsh and immediate, and regulators have become more active with greater sanctioning powers and an increasing willingness to cooperate with each other. We help our clients to manoeuvre their business through this complicated area, with an emphasis on AIFMD, EuVECA/EuSEF, MiFID II, MiFIR, PRIIPs, PSD 2, the UCITS Directive, and the Sustainable Finance Disclosure Regulation (SFDR).

A selection of our services

  • Establishment and restructuring of fund and asset management operations, including venture capital funds, credit funds, real estate funds, infrastructure funds, mortgage funds and investment companies
  • Permits, authorisation and registration with the Swedish Financial Supervisory Authority
  • Regulation of fintech, blockchain and crowd funding
  • Assessment of licensing and reporting requirements
  • Advice on fundraising, distribution of funds and other asset management services
  • Regulatory issues in connection with M&A and restructurings
  • Ownership assessment and management suitability
  • Supervisory matters and sanctions under the Financial Supervisory Authority
  • Day-to-day compliance advice
  • Drafting of internal policies
  • Outsourcing advice
  • Issues concerning stock exchanges, other trading platforms and financial infrastructure
  • PRIIP matters (packaged retail investment and insurance-based products)