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This content was last reviewed around October 2021.

Remark: Sweden is a member of the European Union. Please refer to the section "European Union" under Quick Links below to learn more about the implications with respect to the European rules that apply in the field of restructuring and insolvency. The European Restructuring Directive has not yet been implemented in Sweden. The government appointed a commission concerning the European Restructuring Directive, which presented its proposal to the government in a report on 3 March 2021, published in a series known as the Swedish Government Official Reports (SOU 2021:12). The report was referred for consideration on 12 March 2021, asking for consultation comments by 4 June 2021, at the latest. The government has not yet submitted any proposal for new legislation for the Riksdag (i.e., the parliament, which is the highest decision-making assembly in Sweden). The proposed new legislation in the report is proposed to enter into force on 1 July 2022, but nothing has yet been decided.