Regulations amending Finansinspektionen’s regulations regarding institutions for electronic money and registered issuers

Finansinspektionen’s Regulatory Code
Publisher: 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 and general guidelines (FFFS 2011:49) regarding institutions for electronic money and registered issuers; decided 18 June 2019. 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 An undertaking shall append to its application a general risk assessment,
internal rules, and procedures prepared in accordance with the provisions set out in Chapters 2–6 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 business plan shall specify if the undertaking’s payment services are subject to Regulation (EU) 2015/847 of the European Parliament and of the Council of 20 May 2015 on information accompanying transfers of funds and repealing Regulation (EC) No 1781/2006. If the undertaking’s payment services are subject to this Regulation, the business plan shall specify how the undertaking intends to comply. _______________ These regulations shall enter into force on 15 July 2019. ERIK THEDÉEN Love Wilén Örnulf FFFS 2019:12 Published 25 June 2019