Regulatory Alerts2026-02-25
Regulations amending Finansinspektionen’s regulations regarding activities of payment service providers
Finansinspektionen amends its regulations to require payment service providers to submit semi-annual statistical data on fraudulent proceedings to the regulator. The mandatory reporting includes total transaction volumes and fraud details broken down by service type, authentication method, fraud type, and location, with submissions due by February 21 and August 21. This reporting obligation applies to credit institutions, payment institutions, and electronic money institutions, but explicitly excludes registered payment service providers.
Finansinspektionen’s Regulatory Code Publisher: Chief Legal Counsel Erik Blommé, Finansinspektionen, Sweden, www.fi.se ISSN 1102-7460 This translation is furnished solely for information purposes. Only the printed version of the regulation in Swedish applies for the application of the law. 1 Regulations amending Finansinspektionen’s regulations (FFFS 2018:4) regarding activities of payment service providers; decided on 13 May 2025. Finansinspektionen prescribes pursuant to section 5 of the Payment Services Ordinance (2010:1008) and section 6 of the Electronic Money Ordinance (2011:776) that Chapter 1, section 1 and Chapter 6, section 2 of Finansinspektionen’s regulations (FFFS 2018:4) regarding activities of payment service providers shall have the following wording. Chapter 1 Section 1 These regulations apply to the following payment service providers that provide payment services in Sweden: – credit institutions, – payment institutions, – registered payment service providers, and – institutions for electronic money. The provisions in Chapter 6, section 2 also apply to foreign payment service providers with branches in Sweden. Chapter 6 Section 21 A payment service provider shall submit statistical data to Finansinspektionen twice a year concerning fraudulent proceedings that have taken place in conjunction with the use of payment services. This data shall include
- total transaction volume,
- total transaction volume related to fraudulent proceedings, and
- an account of the data pursuant to points 1 and 2, broken down by a) type of payment service, b) current authentication method, c) type of fraudulent proceeding, and d) geographical location of the transaction. 1 The amendment entails in part that the third paragraph has been removed. FFFS 2025:6 Published on 19 May 2025
FFFS 2025:6 2 The data shall refer to the preceding six calendar months. The provider shall submit the data in accordance with the instructions provided on Finansinspektionen’s website. Finansinspektionen shall have received the data no later than 21 February and 21 August, respectively. The requirement to submit data does not apply to registered payment service providers.
These regulations shall enter into force on 01 July 2025. DANIEL BARR Sanna Helsing