Swedish Firms Must Report Fraudulent Activity by March 31st Deadline

The Swedish Anti-Money Laundering Act requires all firms subject to its provisions to submit annual reports detailing instances of fraudulent activity to Finansinspektionen by a specific deadline.

Deadline and Reporting Period

The deadline for submission is March 31st, with reports referring to the balance sheet date of December 31st, 2023. Firms must provide detailed information on any fraudulent activity that occurred during this period.

Submission Process

Firms will need to use the new FIDAC reporting system to submit their reports. The report questions are only available in Swedish, but an English translation is provided in the FAQ section for guidance. Reports can be submitted manually or by uploading a JSON-file.

Important Notes

• Some questions have been removed or reworded from previous years’ reports.
• Changes to the report questions are outlined in a PDF document available on Finansinspektionen’s website.
• Firms can visit the Reporting to FI/FIDAC webpage for technical assistance and information on how to submit the report.

Contact Information

For any questions regarding reporting obligations or the interpretation of the report questions, please direct your inquiries to periodiskrapporteringpenningtvatt@fi.se. Please note that this mailbox is not for technical support inquiries.