{"id":2363,"date":"2020-01-15T13:28:00","date_gmt":"2020-01-15T13:28:00","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=2363"},"modified":"2026-04-24T08:53:52","modified_gmt":"2026-04-24T11:53:52","slug":"swedish-money-laundering-gambling-2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/swedish-money-laundering-gambling-2","title":{"rendered":"Swedish legislature rules on money laundering measures"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Swedish legislature has set new regulations on measures against money laundering and terrorist financing.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Sweden.- Riksdag, the national legislature and the supreme decision-making body of Sweden, has decided on certain amendments to an Act on measures against money laundering and financing of terrorism. The new rules became effective on January 1, 2020.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Swedish gambling regulator\u00a0<strong><em>Spelinspektionen<\/em><\/strong>\u00a0said that it has decided to amend some provisions in the authority\u2019s money laundering regulations in order to comply with the law. These changes establish that licensees must analyse what actions may be taken against employees.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Another modification focuses on the phrase \u201cSecurity Police\u201d, as with the new changes, it is given the same rights as the Police Authority to request information from operators.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The changes made by Spelinspektionen took effect on January 1, 2020, while the previous regulations on measures against money laundering and terrorist financing will be repealed, as per the regulator.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Sweden works against illegal gambling<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The regulator has recently issued a number of&nbsp;<a href=\"https:\/\/focusgn.com\/sweden-illegal-gambling\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><em>relevant points that identify a legal gambling operator<\/em><\/strong><\/a>&nbsp;in the country. The company must offer deposits, withdrawals and wins in Swedish currency, information in Swedish or the conditions for participation must be in the same language. Companies must also have a Swedish customer service or FAQ in the local language and its affiliates must direct marketing to Swedish consumers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Moreover, the regulator said that the fact that Swedish consumers are not allowed to register or create an account on a website that offers game means that they cannot be considered a provider in Sweden and the Gaming Act is not applicable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Swedish legislature has set new regulations on measures against money laundering and terrorist financing.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Swedish Riksdag has enacted amendments to its anti-money laundering and terrorist financing (AML\/CTF) legislation, effective January 1, 2020. Consequently, Spelinspektionen has updated its gambling regulations, mandating licensees to assess employee actions against AML\/CTF and granting the Security Police enhanced information request powers. The regulator also clarified criteria for legal gambling operators in Sweden, emphasizing local currency, language, customer service, and targeted marketing.","focusai_entities":"Riksdag, Spelinspektionen, Police Authority, Security Police","focusai_location":"Sweden","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.95), affiliate_publisher (0.8), payments_fraud_aml (1.0), investor_analyst (0.9), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Employee AML Due Diligence?","query":"What specific due diligence enhancements are now required for licensees regarding employee AML\/CTF compliance and internal risk assessments?"},{"label":"Security Police Data Access?","query":"How will the expanded information request powers of the Security Police impact data governance and privacy protocols for Swedish operators, and what new compliance burdens arise?"}],"footnotes":""},"categories":[16331,2234,156],"tags":[337,3681],"class_list":["post-2363","post","type-post","status-publish","format-standard","hentry","category-elsewhere-news","category-emea","category-regulation-news","tag-regulation","tag-sweden"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=2363"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2363\/revisions"}],"predecessor-version":[{"id":777041388,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2363\/revisions\/777041388"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=2363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=2363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=2363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}