SWE FI Complies with EBA AML Guide

On May 14, SWE FI notified EBA it will comply with AML guidelines.

  • SWE FI notified EBA that it will follow updated guidelines on risk-based supervision.
  • Follows EBA Mar. 2023 proposed amendments to AML/CFT guidelines, see #167752.
  • Compliance with EBA AML Guidelines
  • SWE FI has notified the EBA of its intention to comply with EBA guidelines for risk-based supervision in the area of money laundering and terrorist financing.
  • The update includes guidelines on the supervision of crypto-asset service providers.
  • The guidelines are available in Swedish and include EBA's decision to extend its risk-based AML/CFT guidelines to AML/CFT supervisors of crypto-asset service providers.
  • Effectiveness
  • The updates will take effect on Dec. 30, 2024.

Regulators SWE FI
Entity Types Corp; Fiduciary; HF; IA; Inv Co; MSB
Reference PR, 5/14/2024; EBA/GL/2023/07
Functions AML; Compliance; Financial; Legal; Operations; Reporting; Risk; Tax; Treasury
Countries Sweden
Category
State
Products Corporate; Cryptocurrency; Fund Mgt; Securities; Wealth Mgt
Regions EMEA
Rule Type Final
Rule Date 5/14/2024
Effective Date 12/30/2024
Rule Id 212013
Linked to Rule :167752
Reg. Last Update 5/14/2024
Report Section EU

Last substantive update on 05/17/2024