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