Swedish FSA on SPACs: "A consumer needs to make sure to absorb all the relevant information"

AMWatch talks to the Swedish FSA about its scrutiny of the new SPAC craze that has recently spread into the country. A comprehensible and clear prospectus along with consumer protection are key focus areas, but it’s also up to the consumer to stay informed about aspects like incentive structure, the regulator says.

Leonard Weber Landgren, Swedish FSA | Photo: PR / Finansinspektionen

The first special purpose acquisition company (SPAC) on the Swedish market was listed on March 25.

Investment company Bure Equity took its ACQ Bure SPAC to the market after noting heavy backing from several large institutional investors and companies such as AP4 and AMF, as reported by AMWatch.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

After two years of preparation: Robur launches dark green prestige fund

Sweden's largest fund manager is launching a climate impact fund with Swedbank's insurance unit as anchor investor. "We've had some great interest from larger investors and are in close contact with several potential investors that have expressed an interest," the new fund's portfolio manager tells AMWatch.

Further reading

Related articles

Trial banner

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch