Regulatory Alerts2018-01-11
Regulations amending Finansinspektionen’s regulations regarding institutions for electronic money and registered issuers
Finansinspektionen amended its regulations to require institutions for electronic money and registered issuers to detail their anti-money laundering and terrorist financing measures in their business plans. The updated rules mandate that these undertakings identify the person responsible for the central function in these areas and describe their general risk assessment. Additionally, the regulations require the inclusion of internal procedures and guidelines as a separate appendix to the business plan, effective from 1 August 2017.
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