Finansinspektionen: Managers' Transactions

Special rules apply for insight into companies listed on a regulated market, and as of July 3, 2016 trading platform (MTF). The objectives are:

To prevent abuse of insider information
To provide the market with information about relevant persons' securities transactions

Fees for failure to report

A special fee is charged if persons with an insider position have not reported their holdings or a change in their holdings on time. The fee is 10 per cent of the payment for the shares/share-related financial instruments, though a minimum of SEK 15,000 and a maximum of SEK 350,000. If no payment has been made, the fee is SEK 15,000.

If a company has not reported a person who has an insider position or a change in an insider position before the deadline, a fee of SEK 15,000 is charged.

If a company has not notified the person of his or her insider position before the deadline, a fee of SEK 15,000 is charged.

FI decides in each individual case whether a special fee shall be charged. In cases in which the breach is insignificant, excusable, or specific grounds exist, the fee can be waived entirely or partially.

FI's decisions can be appealed.