The operations of Swedish banks are regulated by law, and banking operations may only be run with a licence from the Swedish Financial Supervisory Authority. The regulations for banking operations are very extensive.
The most important statutes include the Companies Act, the Banking and Financing Business Act, the Securities Markets Act, the Regulation of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms (EU) 575/2013, the Act on Measures Against Money Laundering and the Financing of Terrorism, and extensive legislation on securities and insurance operations.
The Swedish Financial Supervisory Authority's regulatory code includes regulations and general guidelines regarding governance, risk management and control of financial undertakings and regulations governing investment services and activities.
For a list of laws and regulations relating to banking operations, see Swedish Financial Supervisory Authority's websiteOpens in a new window. (Not all available in English)
Operations outside Sweden are subject both to the Swedish regulations and to the host country's regulations, if these are stricter or in other respects deviate from Swedish or international rules.