Finansinspektionen has decided that Aros Kapital will receive a warning and an administrative fine of SEK 45 million.
Finansinspektionen is issuing an injunction to My Change Scandinavia AB (My Change) to cease its currency exchange operations. It shall have ceased its…
Finansinspektionen has decided to issue an injunction to the currency exchange company My Change Scandinavia AB (My Change) to immediately cease its…
Money laundering is a global problem that allows criminals to transact large sums of money without revealing their illegal activities. In order to counteract…
Reporting to the Financial Intelligence Unit
Both financial firms and a considerable number of non-financial firms and professionals are obliged to follow the sanctions issued by the European Council,…
Activities that constitute “terrorist financing” are described in the Money Laundering and Terrorist Financing (Prevention) Act (the Anti-Money Laundering…
These steps should be included in a comprehensive process to avoid the risk of being used for money laundering and the financing of terrorism.
Banks, insurance companies and other financial firms must perform an assessment of the risk of the products and services they offer being used for money…
The firm must possess solid knowledge about its customers and their affairs so as to make it more difficult for the business to be used for, and to prevent,…
Many of the firms that are subject to Finansinspektionen's supervision must comply with the regulations intended to prevent the firms being misused for money…
In this document, FI states its position on asylum-seeking refugees’ access to financial services in cases where the asylum seeker is lacking identity…
Länsförsäkringar Bank has been deficient in its work to prevent money laundering and terrorist financing. The bank is therefore being issued a remark and must…
Länsförsäkringar Bank has been deficient in its compliance with the anti-money laundering regulations. Finansinspektionen is therefore issuing…
The foreign money remittance provider Moneygram International SPRL has not had a sufficient scope in the general risk assessment of its operations in Sweden…
Moneygram International SPRL has not applied a sufficient scope to its assessment of the risks of its operations in Sweden being used for money laundering.…
A firm shall review transactions in order to detect transactions and other activities that could be suspected to form an element of money laundering or…
Customer due diligence measures shall be adapted based on an assessment of the extent of the risk of being used for money laundering and terrorist financing.
Both financial firms and non-financial business operators are subject to the Money Laundering and Terrorist Financing (Prevention) Act.
A firm’s employees shall receive training to provide them with sufficient knowledge to follow the firm’s anti-money laundering procedures and guidelines.
Trustly Group AB is receiving a warning and must pay an administrative fine of SEK 130 million. The company is also ordered to address certain deficiencies.
ClearOn is receiving a warning and must pay an administrative fine of SEK 14 million.
Finansinspektionen (FI) issues payment service companies Trustly Group AB (Trustly) and ClearOn AB (ClearOn) warnings for severe deficiencies under the…
” Ultimately, this is about energy efficiency. Energy is a scarce resource, and as a society, we have invested heavily in energy-efficiency improvements…
New reporting questions in 2022
Danske Bank has not sufficiently assessed the risk of how the bank’s products and services in Sweden may be used for money laundering and terrorist financing.…
Danske Bank has not sufficiently assessed the risk of how the bank’s products and services in Sweden may be used for money laundering and terrorist financing.…
FI has analysed and compared information that firms under FI’s money laundering supervision reported to the authority during the years 2018-2021. The analysis…
Are the banks conducting thorough credit assessments when customers apply for consumer credit? Are smaller banks and payment service firms taking sufficient…
Consumer protection, money laundering and risks that the coronavirus pandemic may pose in the future are three areas that FI will look more closely at in 2021.