Swedish Financial Supervisory Authority issues a remark and an administrative fine of 50 million SEK to Resurs Holding’s subsidiary Resurs Bank
Swedish Financial Supervisory Authority (Finansinspektionen) has decided to issue a remark and an administrative fine of 50 million to Resurs Holding’s subsidiary, Resurs Bank, following an examination of credit assessments by actors in the consumer credit market.Since 2020, Finansinspektionen has examined credit assessment processes at several consumer credit market actors with the aim of checking whether the credit assessments comply with the Swedish Consumer Credit Act and Finansinspektionen’s general guidelines regarding consumer credit. Finansinspektionen has decided to issue Resurs