Regulatory AlertsFinansinspektionen’s regulations regarding activities of payment service providers (FFFS 2018:4)
Finansinspektionen issued these regulations to implement the EU's second payment service directive by establishing operational risk management, security controls, and reporting requirements for all payment service providers. The framework mandates that providers report serious incidents and their root causes to the regulator while adapting rules to align with European Banking Authority guidelines and EU digital resilience regulations. Recent amendments have refined the scope by removing certain electronic money issuers, exempting registered providers from specific reporting duties, and updating fraud reporting procedures to ensure secure and efficient electronic payments.
Share