Current provisions, regulations and guidelines

This page provides a list of regulation on the prevention of money laundering and terrorist financing.  In Finland, responsibility for the development of AML/CFT legislation lies with the Ministry of Finance.

Directives and EU-level regulations

The Funds Transfer Regulation obliges providers to notify the FIN-FSA of shortcomings identified by them in information accompanying funds transfers. The notifications are to be sent to the FIN-FSA by email at maksuntiedot(at) Use this form in the notification (in Finnish).

The ESA guidelines contain more detailed instructions on how payment service providers should act in order to fulfil the requirements of Regulation 2015/847. The ESA guidelines are available on the ESA website.

The ESA guideline was implemented nationally by FIN-FSA regulations and guidelines 5/2018.

Finland has used the possibility provided by the fourth Anti-Money Laundering Directive to require foreign payment service providers and issuers of electronic money providing services to Finland, to appoint a central contact point (Chapter 3, section 14 of the AML Act).

Laws and regulation

Regulations and guidelines

Regulations and guidelines 2/2023 Preventing Money Laundering and Terrorist Financing (valid from 1.9.2023)

Regulations and guidelines 2/2023 Prevention of money laundering and terrorist financing (in force 26.6.2023-31.8.2023)

Regulations and guidelines 14/2021 Internal Governance (available only in Finnish and Swedish.)

Draft of regulations and guidelines for sanctions

The FIN-FSA has prepared a draft of regulations and guidelines for sanctions. The objective of the regulations and guidelines is to provide entities supervised by the FIN-FSA with binding regulations, interpretations and recommendations to comply with sanctions regulation. The regulations and guidelines seek to guide supervised entities in their actions to ensure compliance with sanctions regulation and freezing orders. Another objective is to provide supervised entities with more detailed guidance on the practical arrangement of effective policies, procedures and internal control required by regulation. More detailed regulations and guidelines are provided on the organisation of the supervised entity’s activities, evaluation of risks, customer due diligence, sanctions screening, asset freezing, management methods for sanctions risk and related reporting.

The draft of regulations and guidelines for sanctions has been on public consultation in fall 2023. The regulations and guidelines for sanctions will be published in December 2023.

Regulations and guidelines X/202X