Robert Karlsson

Head of Banking & Finance Regulatory, Sweden

My areas of expertise

  • Banking and Finance
  • Capital Markets

Summary

Robert Karlsson heads Magnusson’s Banking & Finance department in Stockholm. Robert has almost 15 years of experience working with banking and finance and capital markets law. Before joining Magnusson, Robert served as deputy to the head of the Swedish Financial Supervisory Authority’s (SFSA) consumer protection operations, which consist of nearly 100 employees with responsibility for the supervision and regulatory enforcement covering all financial institutions on the Swedish market. Further, Robert has held the position as Legal Director at the SFSA’s Securities Markets Law Department where he managed and supervised a department responsible for all legal issues concerning the operations of inter alia broker-dealers, insurance intermediaries and payment services institutes. Robert also headed the SFSA’s division for Capital Markets Law where he managed and supervised a division responsible for legal issues concerning stock exchanges and clearing houses and for the rules governing trading on regulated markets and other market places.

In addition to working for the SFSA Robert has gained experience from the private side working for Danske Bank where he managed and supervised a cross-border team of compliance officers in Sweden and Finland responsible for the regulatory compliance in Danske Bank’s Personal Banking & Business Banking Departments.

Robert also has experience from the consulting side working in an international law firm on matters relating to capital markets transactions such as listings, prospectus and due diligence processes. In addition, Robert has acted as project leader in various mergers & acquisitions and financing transactions. He has advised clients in a number of corporate and securities law matters, including the rules governing broker-dealer and fund companies and the rules governing insider reporting and reporting of major shareholdings.

Professional experience

Magnusson Advokatbyrå
Head of Banking and Finance Regulatory, 2018 –

The Swedish Financial Supervisory Authority
Deputy Executive Director, 2016 – 2018

Danske Bank A/S, Swedish Branch
Managing Compliance Officer, 2015 – 2016

The Swedish Financial Supervisory Authority
Legal Director, Securities Markets Law Department
Head of Division, Capital Markets Law
Attorney, Securities Law Division
2009 – 2015

Baker & McKenzie Law Firm, Stockholm
Senior Associate, 2006 – 2009

Nasser & Company, Certified Public Accountants, Pennsylvania
Accounting, 2006

District Court of Helsingborg, Helsingborg
Law Clerk, 2003 – 2005

Education

  • Master of Laws (LL.M.), University of Arizona, James E. Rogers College of Law, Arizona USA, 2003
  • Master of Laws (LL.M.), Stockholm University, 2002
  • Murdoch University, School of Law, Perth Australia, 2001
  • University of Western Australia, School of Law, Perth, Australia, 2000

Bar admissions

Admission to the New York Bar in progress.

Languages

  • Swedish – native
  • English – fluent

Memberships/positions of trust

  • Member of the Supervisory Coordination Network at the European Securities and Markets Authority (ESMA). (2017-2018).
  • Member of ESMA’s Investor Protection and Intermediaries Standing Committee. Active in ESMA’s regulatory work to draft technical advice and technical standards under the revised EU Markets in Financial Instruments Directive. (2014 – 2015).
  • Member of ESMA’s legal network, a forum established by ESMA’s Board of Supervisors with the purpose to serve as a sounding board on legal questions regarding interpretation of ESMA’s founding regulation and rules of procedure. (2014 – 2015).
  • Participated in the International Institute’s Program for Securities Market Development at the U.S. Securities and Exchange Commission (Washington D.C. 2014).

Awards and rankings

Robert Karlsson is recommended in the area of Banking and Finance  by leading benchmarking publications, such as Legal 500 EMEA and Chambers Europe.

Chambers FinTech 2024 states that clients appreciate that “He really is a great sounding board for regulatory matters: he has deep understanding of the regulatory side and also practical matters. He has worked extensively with the Swedish financial authority, and has a unique perspective on financial regulatory matters.”

Chambers Europe 2023 states that clients appreciate that “He has a very high level of service and communication and has a deep knowledge of financial regulations. He has a good insight into how the FSA works.”