Regulations and general guidelines governing measures against money laundering and terrorist financing
In force from: 15 May 2009
Summary
More stringent requirements are being imposed for financial institutions to make an assessment of the risk that they are used for money laundering and terrorist financing. The new regulations also entail that the institutions shall be well acquainted with their customers and their customers' transactions.
The regulations are based on the Act on Measures against Money Laundering and Terrorist Financing (2009:62). Together with this Act, they also implement the third money laundering directive, Directive 2005/06/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing.
These regulations replace FFFS 2005:5 regarding measures against money laundering and financing of particularly serious crimes.
Please note that there is a typographical error in Chapter 4, section 12, subsection 4, last sentence. Refer to the correction sheet.
Amendments
Regulations amending Finansinspektionen’s regulations and general guidelines (FFFS 2009:1) governing measures against money laundering and financing of terrorism.
FFFS 2010:5
