SWE FI Debt Collection Regulations, Advice

Updated on: Jun 20, 2025

Latest Event


  • Jun. 2025 Guidance from Forum
  • On Jun. 17, 2025, SWE FI issued advice and answered questions on new regulations.
  • Published presentation slides shared at SWE FI Forum on Jun. 16, 2025.

On May 14, SWE FI announced new regulations and general advice.

  • SWE FI issued new regulations, general advice on debt collection effective Jul. 1, 2025.
  • Invited to Forum of Jun. 16 as will cover them and answer questions sent in advance.
  • Follows SWE FI Jan. 2024 took over responsibility for debt collection, see #196428.
  • Overview
  • SWE FI was given full supervisory responsibility for Debt Collection Act (1974:182) on Jan. 1, 2024 when took over supervision of debt collection companies from SWE DP.
  • SWE DP general advice on good debt collection practice ceased to apply while SWE FI was given the right to issue regulations, which now it has issued.
  • The provisions cover both those who conduct debt collection activities under Debt Collection Act and those who conduct credit management under Act (2023:714) on the acquisition and management of non-performing loans (NPLs).
  • Regulations and advice on good debt collection practice aim to set a standard for how those who conduct debt collection activities should or should act when collecting debts.
  • This includes how companies should provide information to consumers about what a debt is, and how the consumer should be able to contact the debt collection company.
  • The new rules mean that those who run debt collection operations must now follow binding requirements, clarifies what it is expected from them.
  • SWE FI also decided on certain changes to regulations, general advice on acquisition and management of NPLs, to comply with EBA guidelines on suitability assessment of management in such companies.
  • The rules primarily protect debtors and contribute to a high level of consumer protection, but also creditors who hire a debt collection agent.
  • Effectiveness
  • Regs FFF 2025:02 and Advice FFFS 2025:03 enter into force on Jul. 1, 2025.
  • Questions to be addressed during the Forum by email submitted by Jun. 5, 2025.
  • Jun. 2025 Guidance from Forum
  • On Jun. 17, 2025, SWE FI issued advice and answered questions on new regulations.
  • Published presentation slides shared at SWE FI Forum on Jun. 16, 2025.
Regulators
SWE FI
Entity Types
Bank; CNSM; CU; MG Orig; MSB; Servicer
Reference
PR 6/17/2025; Mt 6/16/2025; PR 5/14/2025; Reg FFFS 2025:02; AdV FFFS 2025:03; Act 1974:182; Act 2023:714
Functions
Compliance; Financial; Legal; Operations; Product Administration; Sales Practices
Countries
Sweden
Category
State
N/A
Products
Banking; Corporate; Loan
Rule Type
Final
Regions
EMEA
Rule Date
May 14, 2025
Effective Date
Jul 1, 2025
Rule ID
254701
Linked to
Reg. Last Update
Jun 17, 2025
Report Section
EU