Our Licenses

JRS Asset Management (Organization number 556734-9070) is subject to The Swedish Financial Supervisory Authority (“Finansinspektionen”) supervision and goes through ongoing controls and audits in accordance with the applicable laws and regulations. As a customer you can therefore feel confident that your business is always handled in a proper and lawful manner. JRS Asset Management holds the following licenses with The Swedish Financial Supervisory Authority:

The company has been granted a license to carry out securities operations in accordance with Chapter 2 section 1 items 1,2,4 and 5 of the Securities Markets Act (SFS 2007:528). The mentioned securities operations consist of:

  1. Reception and transmission of orders in relation to one or more financial instruments,
  2. Execution of orders on behalf of clients,
  3. Portfolio management and
  4. Investment advice.

The company has also been granted a license to conduct ancillary operations as a part of its business, in accordance with Chapter 2 Section 2 items 1 and 2 of Securities Markets Act. The ancillary operations consist of:

  1. Safekeeping and administration of financial instruments for the account of clients, including custodianship and related services such as cash/collateral management and
  2. Granting credits or loans to an investor to allow him to carry out a transaction in one or more financial instruments, where the firm granting the credit or loan is involved in the transaction.

Moreover, the company has also been granted a license to carry out other ancillary operations in accordance with Chapter 2 Section 3 of the aforementioned Act.

About SwedSec
SwedSec is a wholly owned subsidiary of the Swedish Securities Dealers Association which is responsible for licensing securities dealers. The purpose of the licensing is to increase the basic competency of persons employed on the Swedish securities market. The object of increasing the basic knowledge of such personnel is to increase confidence in the market by, among other things, providing customers increased protection. Another objective is to bring the requirements in line with other countries. The goal of the programme is to ensure that persons employed on the Swedish securities market possess basic skills. Naturally, it will be possible for each individual employee and each company to promote their expertise. Thus, the project is run in such a manner that competition for skilled personnel is not diminished.