Firms subject to the Act

Both financial firms and non-financial business operators are subject to the Money Laundering and Terrorist Financing (Prevention) Act.

Finansinspektionen is responsible for supervising the financial firms. Other authorities and self-regulating bodies are responsible for supervising the non-financial entities. This page sets out the authority or self-regulating body which is responsible for supervising the respective business operators.

Finansinspektionen supervises natural and legal persons conducting

banking or financing business
mortgage lending business
life insurance business
securities business
financial operations with an application obligation and professional trade with or management of virtual currencies
currency exchange subject to an application obligation
deposit business
insurance mediation of life insurance
issuance of electronic money
fund operations
payment institutions
operations to provide payment services without being a payment institution
alternative investment fund management
certain consumer credit-related operations
certain crowdfunding services.

Last reviewed: 2021-01-22