{"product_id":"likviditetshanteringsverktyg-fondbolag-fi-ansokan-2026","title":"Liquidity Management Tools 2026 – fund regulations, LMT decision and FI application | Word\/PDF\/Excel","description":"\u003cdiv class=\"mb-product-copy\"\u003e\n\n\u003cp\u003e\u003cstrong\u003eDo you manage a Swedish UCITS fund that must select liquidity management tools (LMT) and amend the fund rules ahead of the Swedish Financial Supervisory Authority's deadline?\u003c\/strong\u003e New Swedish rules apply from \u003cstrong\u003e1 July 2026\u003c\/strong\u003e. For affected UCITS funds managed at the end of June 2026, the application to amend the fund rules and the company's policies\/procedures must be submitted to the \u003cstrong\u003eSwedish Financial Supervisory Authority by 30 December 2026 at the latest\u003c\/strong\u003e. This specialist package brings together the practical work steps in Word, a searchable PDF and an Excel register.\u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003eFor whom?\u003c\/strong\u003e Swedish fund companies and management companies with UCITS funds, risk functions, fund lawyers, compliance, product owners, boards and fund administrators. Authorized money market funds also benefit from the material, but are subject to an express special rule on the number of tools. \u003cstrong\u003eSpecial funds and other open-ended AIFs have a separate LAIF track\u003c\/strong\u003e that is not replaced by the UCITS templates.\u003c\/p\u003e\n\n\u003cdiv style=\"border:2px solid #90B3CA;border-radius:9px;padding:18px 20px;background:#EFF6FB;margin:18px 0\"\u003e\n\n\u003ch2\u003ePackage contents\u003c\/h2\u003e\n\n\u003cp\u003eFive Swedish work templates: \u003cstrong\u003e01\u003c\/strong\u003e fund classification and selection of mandatory LMTs, \u003cstrong\u003e02\u003c\/strong\u003e appropriateness assessment and calibration basis, \u003cstrong\u003e03\u003c\/strong\u003e checklist for the FI application and amended fund rules, \u003cstrong\u003e04\u003c\/strong\u003e activation, deactivation and investor information, and \u003cstrong\u003e05\u003c\/strong\u003e fund board decision, timeline and review. In addition, \u003cstrong\u003e06\u003c\/strong\u003e Swedish user guide and \u003cstrong\u003e07\u003c\/strong\u003e English User Guide to the Swedish templates. The seven documents are available in both editable \u003cstrong\u003eWord (DOCX)\u003c\/strong\u003e and searchable, printable \u003cstrong\u003ePDF\u003c\/strong\u003e. \u003cstrong\u003e08\u003c\/strong\u003e Excel register with nine tabs. Total \u003cstrong\u003e7 Word + 7 PDF + 1 Excel = 15 customer files\u003c\/strong\u003e.\u003c\/p\u003e\n\n\n\u003c\/div\u003e\n\n\u003cdiv style=\"border:2px solid #90B3CA;border-radius:9px;padding:18px 20px;background:#EFF6FB;margin:18px 0\"\u003e\n\n\u003ch2\u003eWhat the files contain\u003c\/h2\u003e\n\n\u003cp\u003eUCITS\/MMF and older fund portfolio review, selection of two appropriate tools, prohibition of the unauthorized sole combination of swing pricing and dual pricing, justification based on the liquidity profile, stress testing, activation\/deactivation procedures, amended fund rules, FI application, version and receipt tracking, investor information, EU-RTS, remediation responsibility and independent attestation. Each work template has decision fields and an audit trail. Excel contains eight tested status indicators.\u003c\/p\u003e\n\n\n\u003c\/div\u003e\n\n\u003ch2\u003eThe concrete files in the package\u003c\/h2\u003e\n\n\u003cdiv style=\"overflow-x:auto\"\u003e\u003ctable\u003e\n\n\u003cthead\u003e\u003ctr\u003e\n\n\u003cth scope=\"col\"\u003eDocument\u003c\/th\u003e\n\n\u003cth scope=\"col\"\u003eTask\u003c\/th\u003e\n\n\u003cth scope=\"col\"\u003eLanguage and format\u003c\/th\u003e\n\n\n\u003c\/tr\u003e\u003c\/thead\u003e\n\n\u003ctbody\u003e\n\n\u003ctr\u003e\n\n\u003ctd\u003e01 Fund classification and LMT selection\u003c\/td\u003e\n\n\u003ctd\u003eVerify fund type, regulatory framework, money market fund authorization and at least two appropriate tools for the affected UCITS.\u003c\/td\u003e\n\n\u003ctd\u003eSwedish DOCX + PDF\u003c\/td\u003e\n\n\n\u003c\/tr\u003e\n\n\u003ctr\u003e\n\n\u003ctd\u003e02 Appropriateness and calibration\u003c\/td\u003e\n\n\u003ctd\u003eCompare seven tools against strategy, redemption profile, liquidity cost, investor impact and synthetic stress tests.\u003c\/td\u003e\n\n\u003ctd\u003eSwedish DOCX + PDF\u003c\/td\u003e\n\n\n\u003c\/tr\u003e\n\n\u003ctr\u003e\n\n\u003ctd\u003e03 FI application and fund rules\u003c\/td\u003e\n\n\u003ctd\u003ePrepare internal application checklist, change marking, policies, versions and FI receipt before the deadline.\u003c\/td\u003e\n\n\u003ctd\u003eSwedish DOCX + PDF\u003c\/td\u003e\n\n\n\u003c\/tr\u003e\n\n\u003ctr\u003e\n\n\u003ctd\u003e04 Activation and deactivation\u003c\/td\u003e\n\n\u003ctd\u003eAssess risk and decision mandate, equal treatment of unit holders, investor information and FI notification.\u003c\/td\u003e\n\n\u003ctd\u003eSwedish DOCX + PDF\u003c\/td\u003e\n\n\n\u003c\/tr\u003e\n\n\u003ctr\u003e\n\n\u003ctd\u003e05 Board decision and review\u003c\/td\u003e\n\n\u003ctd\u003eSummarize remaining risks and deadlines with competent attestation and re-check.\u003c\/td\u003e\n\n\u003ctd\u003eSwedish DOCX + PDF\u003c\/td\u003e\n\n\n\u003c\/tr\u003e\n\n\u003ctr\u003e\n\n\u003ctd\u003e06 Swedish user guide\u003c\/td\u003e\n\n\u003ctd\u003eStep-by-step instructions, legal provisions, practical examples and legal limitations.\u003c\/td\u003e\n\n\u003ctd\u003eSwedish DOCX + PDF\u003c\/td\u003e\n\n\n\u003c\/tr\u003e\n\n\u003ctr\u003e\n\n\u003ctd\u003e07 English User Guide\u003c\/td\u003e\n\n\u003ctd\u003eEnglish guidance for the five Swedish forms and the Swedish Excel workbook; not translated legal forms.\u003c\/td\u003e\n\n\u003ctd\u003eEnglish DOCX + PDF\u003c\/td\u003e\n\n\n\u003c\/tr\u003e\n\n\u003ctr\u003e\n\n\u003ctd\u003e08 LMT Excel register\u003c\/td\u003e\n\n\u003ctd\u003eNine tabs for fund inventory, tool selection, calibration, FI deadlines, activation, investor information and actions.\u003c\/td\u003e\n\n\u003ctd\u003eSwedish XLSX\u003c\/td\u003e\n\n\n\u003c\/tr\u003e\n\n\n\u003c\/tbody\u003e\n\n\n\u003c\/table\u003e\u003c\/div\u003e\n\n\u003ch2\u003eExcel – nine tabs and eight control signals\u003c\/h2\u003e\n\n\u003cp\u003e\u003cstrong\u003eFunds, Tool selection, Calibration, FI application, Activation, Investor info, Actions, Overview and Read me.\u003c\/strong\u003e The compilation shows registered fund IDs, too few selected tools, unauthorized swing\/dual only, missing calibration evidence, incomplete FI basis, delayed application deadline, investigation need in investor information and blocked actions.\u003c\/p\u003e\n\n\u003cp\u003eExcel contains status selections, formulas and links to public legal sources. Eight independent synthetic test cases gave the expected result, and the test data has been cleared from the customer file. \u003cstrong\u003eZero warnings is not a legal approval.\u003c\/strong\u003e Excel does not calculate real fund unit values, swing factors, redemption fees or investment decisions.\u003c\/p\u003e\n\n\u003ch2\u003eWhat do Swedish law and the EU say?\u003c\/h2\u003e\n\n\u003cp\u003e\u003cstrong\u003eLVF Chapter 5, Section 2 a:\u003c\/strong\u003e through \u003ca href=\"https:\/\/fi.se\/sv\/vara-register\/fffs\/sok-fffs\/2013\/20139\/202624\/\"\u003ethe (2004:46) Act on UCITS funds\u003c\/a\u003e in the version after \u003cstrong\u003eSFS 2026:908\u003c\/strong\u003e, the fund company shall normally select \u003cstrong\u003eat least two\u003c\/strong\u003e appropriate liquidity management tools per fund: redemption gate, extended notice period, redemption fee, swing pricing, dual pricing, dilution fee or redemption through transfer of assets (in kind) under relevant conditions. Selecting only \u003cstrong\u003eswing pricing and dual pricing\u003c\/strong\u003e is not permitted as the sole two-tool combination.\u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003eMoney market fund:\u003c\/strong\u003e according to \u003cstrong\u003eChapter 5, Section 2 b\u003c\/strong\u003e, a UCITS fund that has actually been authorized as a money market fund according to EU Regulation 2017\/1131 can select \u003cstrong\u003eone\u003c\/strong\u003e of these tools. It is not a general exemption for short-term bond funds.\u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003ePolicies and FI application:\u003c\/strong\u003e according to \u003cstrong\u003eChapter 5, Section 2, third paragraph\u003c\/strong\u003e, the fund company shall have policies and procedures for the application of the tools and submit them to the FI. The transitional provisions to \u003cstrong\u003eSFS 2026:908 point 2\u003c\/strong\u003e state that the affected fund companies shall by no later than \u003cstrong\u003e30 December 2026\u003c\/strong\u003e apply for amended fund rules for the funds they managed at the end of June that year, and submit these policies. The FI may in this situation as a general rule have six months from the complete application for its decision. \u003cstrong\u003eA receipt is not an FI approval.\u003c\/strong\u003e The application for amended fund rules is also regulated by LVF Chapter 4, Section 9.\u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003eFI and unit holder information:\u003c\/strong\u003e \u003ca href=\"https:\/\/fi.se\/sv\/vara-register\/fffs\/sok-fffs\/2013\/20139\/202624\/\"\u003eFFFS 2026:24\u003c\/a\u003e has changed rules on application, fund rules, information brochure and annual report. \u003cstrong\u003eChapter 5, Section 2 g LVF\u003c\/strong\u003e may require special FI notification when a tool starts or ceases to be applied outside the fund's normal operations, with a special rule on the segregation of assets.\u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003eEU 2026\/466 – separate technical timeline:\u003c\/strong\u003e \u003ca href=\"https:\/\/eur-lex.europa.eu\/eli\/reg_del\/2026\/466\/oj\/swe\"\u003ethe Commission Delegated Regulation (EU) 2026\/466\u003c\/a\u003e specifies technical characteristics for LMT and applies from \u003cstrong\u003e16 April 2026\u003c\/strong\u003e. Certain UCITS that were formed before this date are covered by a special technical transition to \u003cstrong\u003e16 April 2027\u003c\/strong\u003e. The EU transition \u003cstrong\u003edoes not replace\u003c\/strong\u003e the Swedish application deadline of 30 December 2026.\u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003eESMA's guidance:\u003c\/strong\u003e \u003ca href=\"https:\/\/www.esma.europa.eu\/publications-and-data\/interactive-single-rulebook\/ucits\/article-18a\"\u003eArticle 18a in the UCITS Directive\u003c\/a\u003e and ESMA's LMT guidelines describe selection, appropriateness, activation and calibration. Risk, investor and liquidity basis shall be real, updated and stored in the fund company's protected system.\u003c\/p\u003e\n\n\u003ch2\u003eWorkflow – from inventory to complete case\u003c\/h2\u003e\n\n\u003col\u003e\n\n\u003cli\u003eCheck each fund's classification and whether it was managed at the end of June 2026.\u003c\/li\u003e\n\n\u003cli\u003eIdentify the correct minimum number and select tools based on the liquidity profile and the investors' interest.\u003c\/li\u003e\n\n\u003cli\u003eDocument that the two-tool combination is permitted and that calibration, stress testing and procedures are factually substantiated.\u003c\/li\u003e\n\n\u003cli\u003ePrepare amended fund rules and written policies. Check the FI's current application channel and actual form requirements.\u003c\/li\u003e\n\n\u003cli\u003eEnsure that the application and associated policies for the affected existing funds are submitted by no later than 30 December 2026.\u003c\/li\u003e\n\n\u003cli\u003eRegister the FI case number, receipt, supplements and final decision separately – receipt is not enough as approval.\u003c\/li\u003e\n\n\u003cli\u003eFollow up on information to unit holders, activation\/deactivation decisions, relevant FI notifications and open actions.\u003c\/li\u003e\n\n\n\u003c\/ol\u003e\n\n\u003ch2\u003eFrequently Asked Questions\u003c\/h2\u003e\n\n\u003ch3\u003eMust every UCITS fund select two LMTs?\u003c\/h3\u003e\n\n\u003cp\u003eNormally yes according to Chapter 5, Section 2 a, but an authorized money market fund according to EU 2017\/1131 is covered by the exemption in 2 b.\u003c\/p\u003e\n\n\u003ch3\u003eAre swing pricing and dual pricing two sufficient tools?\u003c\/h3\u003e\n\n\u003cp\u003eNo. LVF prohibits that only these two mechanisms are selected together. Another, appropriate combination needs to be tested.\u003c\/p\u003e\n\n\u003ch3\u003eDoes the application deadline really apply on 30 December 2026?\u003c\/h3\u003e\n\n\u003cp\u003eYes, for the special Swedish transition situation with UCITS funds that were managed at the end of June 2026. Newer funds shall follow the ordinary approval process.\u003c\/p\u003e\n\n\u003ch3\u003eIs 16 April 2027 the same deadline?\u003c\/h3\u003e\n\n\u003cp\u003eNo. It is a separate transitional rule in EU 2026\/466 for certain earlier formed UCITS, not the Swedish FI application deadline.\u003c\/p\u003e\n\n\u003ch3\u003eIs a ready-made authority form included?\u003c\/h3\u003e\n\n\u003cp\u003eNo. Document 03 is a detailed internal application and evidence checklist; the actual submission shall be made according to the Swedish Financial Supervisory Authority's instructions.\u003c\/p\u003e\n\n\u003ch3\u003eDo the packages also apply to open-ended alternative investment funds?\u003c\/h3\u003e\n\n\u003cp\u003eThey have a close but separate regulatory and reporting track according to LAIF and EU 2026\/465. This package is specifically designed for UCITS funds.\u003c\/p\u003e\n\n\u003ch3\u003eCan Excel determine that a fund may introduce a redemption gate?\u003c\/h3\u003e\n\n\u003cp\u003eNo. Excel shows registered statuses, not a regulatory, legal or financial decision.\u003c\/p\u003e\n\n\u003ch3\u003eAre the PDFs digitally fillable and are the templates available in English?\u003c\/h3\u003e\n\n\u003cp\u003eThe PDF files are searchable and printable. Word and Excel are editable. The English file is a user guide to the Swedish work templates, not complete English forms.\u003c\/p\u003e\n\n\u003ch2\u003eRelated Mallbutiken products\u003c\/h2\u003e\n\n\u003cp\u003e\u003ca href=\"\/en\/products\/aifmd-ii-laneutgivande-aif-riskretention-2026\"\u003eAIFMD II – lending AIF, 5% retention and fund control\u003c\/a\u003e applies special loan portfolio requirements. \u003ca href=\"\/en\/products\/likviditetsbudget-kassaflodesprognos-excel-2026-2027\"\u003eLiquidity budget and cash flow forecast\u003c\/a\u003e is a general economic template. \u003cstrong\u003eThis new product\u003c\/strong\u003e applies especially to LMT selection, amended fund rules and the FI deadline of 30 December 2026 for UCITS funds.\u003c\/p\u003e\n\n\u003ch2\u003eVersion, legal sources and legal transparency\u003c\/h2\u003e\n\n\u003cp\u003e\u003csmall\u003e\u003cstrong\u003eVersion 1.0 · 12 November 2026 · Jurisdiction Sweden\/EU.\u003c\/strong\u003e The source control is AI-assisted against LVF 2004:46, SFS 2026:908, FFFS 2026:24, delegated regulation (EU) 2026\/466 and ESMA's public rules. No external legal review, real fund-specific stress testing, investor control, FI submission, FI approval or supervisory certification has been carried out. The manager is responsible for professional legal and risk-based verification of the rules before they are used. The documents contain no personal data or authentic fund customer data. The product remains DRAFT and the customer ZIP is not linked to Digital Products in this round.\u003c\/small\u003e\u003c\/p\u003e\n\n\n\u003c\/div\u003e","brand":"Svenska Dokumentmallar","offers":[{"title":"Default Title","offer_id":56600416584022,"sku":"LMT-UCITS-FI-2026-V1","price":79.0,"currency_code":"SEK","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0827\/2373\/3846\/files\/01_LMT_Fondbolag_huvudbild_1600.png?v=1794513280","url":"https:\/\/mallbutiken.se\/en\/products\/likviditetshanteringsverktyg-fondbolag-fi-ansokan-2026","provider":"Mallbutiken","version":"1.0","type":"link"}