RegAlertRule · FI · 11 Jan 2018
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.
Finansinspektionen’s Regulatory Code
Publisher: Finansinspektionen, Sweden, www.fi.se ISSN 1102-7460 This translation is furnished for information purposes only and is not itself a legal document. 1 Regulations amending Finansinspektionen’s regulations and general guidelines (FFFS 2011:49) regarding institutions for electronic money and registered issuers; decided on 26 June 2017. Finansinspektionen prescribes pursuant to section 6, point 11 of the Electronic Money Ordinance (2011:776) that Chapter 2, section 20 of Finansinspektionen’s regulations (FFFS 2011:49) regarding institutions for electronic money and registered issuers shall have the following wording.
Chapter 2
Section 20 The business plan shall set out how an undertaking intends to conduct
work on measures against money laundering and terrorist financing in its operations related to the issuance of electronic money. Information about the person at the undertaking responsible for the central function in these issues shall be identified. The undertaking shall, in its business plan, also describe its general risk assessment pursuant to Chapter 2, sections 1 and 2 of the Anti Money Laundering and Terrorist Financing Act (2017:630) and Chapter 2, section 1 of Finansinspektionen’s regulations (FFFS 2017:11) regarding measures against money laundering and terrorist financing. The undertaking shall, in a separate
appendix to the business plan, also append the internal procedures and guidelines
which the undertaking shall have pursuant to Chapter 2, section 8 of the Anti Money Laundering and Terrorist Financing Act. _______________ These regulations shall enter into force on 1 August 2017. ERIK THEDÉEN Jenny Stenhammar Gothnier FFFS 2017:13 Published on 30 June 2017
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Lineage: No known changes
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
The links and the sentences they come from (1)
- Issued under
- Electronic Money Ordinance (2011:776)Not in RegAlert
“prescribes pursuant to section 6, point 11 of the Electronic Money Ordinance (2011:776)”
Similar documents from other regulators
HKMAGuideline on Anti-Money Laundering and Counter-Financing of Terrorism for Authorized InstitutionsHong Kong · 2023-05-25
CNBDecree No. 67/2018 Coll. on Requirements for Internal Rules Against Money Laundering and Terrorist FinancingCzech Republic · 2018-04-11
CBCDirective on the Internal Organization and Governance of Electronic Money Institutions 2026Cyprus · 2026-05-29
FIVARegulations and guidelines 2/2023: Preventing Money Laundering and Terrorist FinancingFinland
BOTAnti-Money Laundering (Amendment) Regulations, 2019Tanzania
More like this from FI
We email you every new FI publication the day it's published.
Source: Finansinspektionen — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated