Certain financial operations

Natural and legal persons intending to perform certain financial activities in a professional capacity are considered to be financial institutions and must register with FI. This registration obligation also applies when a registered financial institution changes the focus of its operations.

Registration obligation

Financial institutions should apply to FI for registration of their operations in accordance with the Certain Financial Operations (Reporting Duty) Act (1996:1006).

The registration obligation applies to professional operations which consist of carrying out one or more of the operations set out in Chapter 7, section 1, points 2, 3 and 5–12 of the Banking and Financing Business Act (2004:297). This includes, for example, operations that entail the provision and brokerage of credit (corporate loans) or involvement in financing (factoring, leasing).

No application is required for firms set out in Chapter 1, section 2, first paragraph, points 1–3, 6, 8, 9, 11–13 of the Measures Against Money Laundering and Terrorist Financing Act (2017:630) and natural or legal persons conducting insurance distribution pursuant to the Insurance Distribution Act (2018:1219).

Requirements for registration

According to the Certain Financial Operations (Reporting Duty) Act, FI should register the applicant if there are grounds to assume that the business will be conducted in a manner compliant with the anti-money laundering regulations and if the suitability requirement on owners and management is met.

FI’s supervision

FI supervises that financial institutions follow the Certain Financial Operations (Reporting Duty) Act and the anti-money laundering regulations.

A financial institution should immediately report to FI changes in the conditions specified by the institution in its application for registration. This includes changes in management or owners.

Fees

Applicants must pay a fee to FI of SEK 52,500 for natural persons or SEK 105,000 for legal persons. See the fact box for payment information.

FI also charges an annual supervision fee, which is currently SEK 15,000 for natural persons and SEK 30,000 for legal persons.

Processing time

FI will make a decision about the registration within 90 days provided that the application is complete and the fee is paid.

Other information

The firm should append to the application for registration its general risk assessment, risk assessment for customers, and internal rules for complying with the Measures Against Money Laundering and Terrorist Financing Act (2017:630) and regulations issued pursuant to this act. Applicants should also include information set out in Finansinspektionen’s regulations and general guidelines (FFFS 2023:22) on certain financial operations, in part with regard to owner, ownership management, and management assessments.

Swedish financial institutions which are legal persons must submit to FI on an annual basis, although no later than 30 June, information about the qualifying holdings of owners in accordance with FFFS 2011:14.

Payment procedure

FI registers the application, which is assigned a reference number.
FI then sends an administrator letter, which specifies the reference number, the applicable fee and instructions for how to pay the fee.

Do not pay the fee until you have received the administrator letter and reference number from FI.

Last reviewed: 2025-11-19