Anti-money laundering and countering financing of terrorism

Finansinspektionen prepares regulations and monitors that firms under its supervision are following the rules that apply to prevent their misuse for anti-money laundering and countering financing of terrorism. FI also investigates whether the firms have procedures and processes in place to prevent the firms from being misused. In cases where firms demonstrate deficiencies in their work to prevent money laundering and financing of terrorism, FI decides on sanctions against the firms.

Firms under FI’s supervision that are subject to the anti-money laundering regulations must submit data annually in FI’s system for periodic reporting.