Regulatory

Wigge’s Regulatory team advise clients on regulatory issues in transactions and on financial regulation. Our broad expertise covers everything from strategic advice, licensing and supervision to operational matters. Further, we assist our clients in contacts with regulatory authorities in Sweden and abroad.

We help clients identify the need of authorizations, as well as the scope of applicable regulations, and advise on regulatory, strategic, corporate governance, and transaction-related matters.

Our team members have many years of experience within the EU and Sweden, including the Swedish Financial Supervisory Authority, the Court of Justice of the EU, Swedish courts, and other EU institutions.

Our services can be divided into three main areas: financial regulation, foreign direct investments, and competition law.

We help clients with notifications and contacts with relevant authorities, such as the Inspectorate of Strategic Products (ISP) for notifications under the Foreign Direct Investment Act, or the Swedish Competition Authority. Furthermore, we assist clients during investigations, sanction procedures and court proceedings in Sweden and the EU.

Our team has a unique combination of transactional- and administrative law expertise. For us, it is essential that our clients’ needs are matched with corresponding expertise, and our ambition is to always provide counsel that is relevant and up to date on all types of regulatory issues.

The administrative law expertise within the group enables us to assist our clients in a correct, professional, and efficient manner before supervisory authorities and courts. Our team members have authored several books and articles in the field and are engaged by both private and public entities in all types of transactions and establishments. Further, we also assist clients and the Swedish Bar Association in consultations regarding Swedish legislation.

Regulatory matters that we handle on an ongoing basis include, for example, MAR, fit and proper assessments of owners and managers in financial firms, capital requirements for banks and investment firms, sustainability risk management, money laundering, and processing of personal data.

OUR ADVICE COVERS, INTER ALIA:

• Licenses, registrations and other regulatory contacts with the Swedish Financial Supervisory Authority and other authorities for all types of financial activities.
• Supervisory issues, investigations and sanctions in financial markets, including court proceedings (contentious regulatory).
• Foreign direct investment screening, including notifications of investments to ISP under the Foreign Direct Investment Act.
• Competition law, including notifications to the Swedish Competition Authority and other authorities.
• Advice regarding all financial regulatory issues, including fund management, investment services and investment firms, banking and finance, fintech and financial crypto-assets, packaged and insurance-based investment products (PRIIPs).