Regulatory Alerts2022-10-04
Regulations amending Finansinspektionen’s regulations regarding measures against money laundering and terrorist financing
Finansinspektionen issued regulations amending its previous rules on money laundering and terrorist financing to update the scope of applicable entities. The amendment clarifies that the regulations apply to natural and legal persons conducting specific operations under the Anti-Money Laundering and Terrorist Financing Act, as well as Swedish branches of foreign legal persons. These provisions also extend board-level responsibilities to authorized representatives in associations lacking a formal board or managing director and entered into force on 1 January 2022.
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