Regulatory Alerts2019-02-21
Regulations amending Finansinspektionen’s regulations regarding measures against money laundering and financing of terrorism
Finansinspektionen issued regulations amending its previous rules on anti-money laundering and terrorist financing prevention to restructure Chapter 4 and update Chapter 3. The amendments require undertakings to maintain specific procedures for customer due diligence, ongoing business relationship follow-up, document preservation, and internal review obligations. Additionally, the rules mandate training programs, employee protection measures, and internal control guidelines tailored to the undertaking's risk assessment and operations.
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