Financial Crime World

Sweden Takes Action to Combat Financing of Terrorism

Strengthening National Security Efforts

In response to recent incidents that have raised concerns about Sweden’s security, the Swedish government has launched a new initiative to combat the financing of terrorism. The goal is to strengthen the country’s ability to prevent, avert, and impede terrorism and violent extremism.

Comprehensive National Strategy

As part of this effort, the government has adopted a new national strategy against violent extremism and terrorism. This comprehensive plan outlines measures to be taken by various government agencies, including:

  • Swedish Security Service: Developing and intensifying counter-terrorism efforts
  • Swedish Police: Enhancing national collaboration and coordination to prevent radicalization and the spread of violent extremism
  • Swedish Civil Contingencies Agency: Providing effective counter-terrorism measures

Enhanced National Collaboration and Coordination

The strategy emphasizes the need for enhanced national collaboration and coordination to prevent radicalization and the spread of violent extremism. To achieve this goal, the Swedish National Council for Crime Prevention will work closely with other relevant actors to develop effective counter-terrorism measures.

Strengthening Security Laws

In addition, the government has announced plans to review the Public Order Act to strengthen Sweden’s security. This includes:

  • Examining Permit Applications: Reviewing public gathering permits to take into account national security interests
  • Setting Conditions for Public Gatherings: Establishing conditions for public gatherings that prioritize national security

Combating Online Terrorism

The government is also working to prevent terrorist material from being spread online by giving the Swedish Police Authority more effective tools to combat this threat. Specifically:

  • Proposed Amendment to the Aliens Act: Allowing the withdrawal of residence permits if it can be assumed that an individual will engage in state-sponsored corporate espionage or activities related to terrorism

Punishing Participation in Terrorist Organizations

Furthermore, the government has proposed making participation in a terrorist organization a punishable offense. This would provide a powerful tool for combating terrorism.

Ongoing Commitment to National Security

These efforts are part of Sweden’s ongoing commitment to combating terrorism and ensuring national security. The country is facing a deteriorating security situation, with an increased threat of attacks by terrorists and violent extremists. The government is working intensively and constantly to take the necessary measures to protect its citizens.