While Spotlight is not legally required to establish a disciplinary committee, it has been done voluntarily to increase the safety for Spotlight and its listed companies. With a disciplinary committee, Spotlight’s companies and members will have their cases reviewed before any action is taken as a result of regulatory breaches.
The Disciplinary Committee is an autonomous body that makes its decisions wholly independent of Spotlight. The Disciplinary Committee consists of several of Sweden’s leading attorneys and experts in securities law. The Disciplinary Committee has a chairman and five members.
Björn Wendleby is the Chairman of the Disciplinary Committee. He has previously worked at the SFSA and has years of experience from the Swedish judicial system, including as an Associate Judge of Appeal. He also served as a special investigator in the implementation of the EU’s rules on prospectuses in 2004. Björn Wendleby is a founder and partner at Harvest, a legal firm specializing in finance law.
Stefan Johansson is the Deputy Chairman of the Disciplinary Committee. He has previously worked at the Ministry of Finance and the Department of Justice and has several years of experience from the Swedish judicial system, including as an Associate Judge of Appeal. Stefan has served as special inquiry officer and expert in various state inquiries and is, since 2016, a member of the Supreme Court.
Björn Kristiansson is a member of the Disciplinary Committee. Björn is a lawyer and has more than 20 years experience from corporate and stock law, he is one of the most preeminent in the field. Björn is often in public investigations as an expert and is an executive member in the Swedish Corporate Governance Board. Björn is a partner at Kanter Law Firm.
Daniel Sjöholm is a member of Spotlight's disciplinary committee. Daniel works at Foyen Advokatfirma and has many years of experience in corporate and securities law. He assists a large number of listed companies with legal advice on both smaller operational matters and more advanced assignments, which has provided him with significant insight into the practical challenges that listed companies may face. Daniel previously founded Spotlight's sister company, Markets & Corporate Law, where he served as CEO until September 2024
Markus Ramström is a member of the Disciplinary Committee. Markus had been Head of Market Surveillance at NGM for 12 years. He has 6 years of experience from Market Surveillance at NASDAQ Stockholm and has previously worked at the Swedish Financial Supervisory Authority.
Helene Willberg is a member of the Disciplinary Committee. Helene has over 25 years of experience providing transaction advisory, corporate finance and audit services to multinational corporations. Her experience is primarily from the Nordic market, she has counseled companies on a diverse set of corporate growth strategies including public market offerings, divestitures and acquisitions as well as corporate governance and value creation. Helene is a Managing Director with Alvarez & Marsal Transaction Advisory Group in Stockholm.
