Current provisions

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 the Interior.

Directives and EU-level regulations

• Directive (EU) 2018/843 of the European Parliament and of the Council of 30 May 2018 amending Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, and amending Directives 2009/138/EC and 2013/36/EU
• Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC
• Regulation (EU) 2015/847 of the European Parliament and of the Council on information accompanying transfers of funds and repealing Regulation (EC) No 1781/2006, so-called second Funds Transfer Regulation ("2FTR")
• Directive on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing (2005/60/EY) 
• Commission Implementing Directive (2006/70/EY) 
• Regulation of the European Parliament and of the Council on information on the payer accompanying transfers of funds (1781/2006) 
• Directive (EU) 2015/849 of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC

Laws and regulation

• Act amending the Act on Preventing Money Laundering and Terrorist Financing (406/2018) (in Finnish)
• Act on Preventing Money Laundering and Terrorist Financing (444/2017) (in Finnish)
• Act on Financial Intelligence Unit  (445/2017) (in Finnish)
• Act on Prevention and Detection of Money Laundering and Terrorist Financing (503/2008) (repealed on 3 July 2017) (in Finnish)
• Government Decree on Prevention and Detection of Money Laundering and Terrorist Financing (616/2008) (repealed on 3 July 2017) (in Finnish)
• Government Decree on simplified customer due diligence related to certain financial contracts in the prevention and detection of money laundering and terrorist financing  (1204/2011) (repealed on 3 July 2017) (in Finnish)
• Ministry of the Interior Decision on non-EEA states and territories whose provisions on preventing and detecting money laundering and terrorist financing meet the requirements laid down in the Act on Preventing and Detecting Money Laundering and Terrorist Financing (156/2012) (in Finnish)
  • Repealed on 19 July 2016 (610/2016) (in Finnish)
• Government Decision on states and territories whose provisions on preventing and detecting money laundering and terrorist financing do not comply with the international requirements laid down in the Act on Preventing and Detecting Money Laundering and Terrorist Financing  (in Finnish) (1022/2010) (in Finnish)
  • Repealed on 11/07/2016 (604/2016)
• Penal Code(39/1889) (in Finnish)
  • Chapter 32 (Money laundering offences)
  • Chapter 34 a (Terrorist offences)
  • Chapter 46 (International financial sanctions, regulation offences) 
• Credit Institutions Act  (610/2014) (unofficial translation)
• Investment Firms Act chapter 12, section 3 (747/2012) (in Finnish)
• Act on amendment of section 144 on Mutual Funds Act 144 § (507/2008) (in Finnish)
• Act on the Book-entry System and Clearing Operations (348/2017) (in Finnish)
• Act on Payment Institutions, section 39 (297/2010) (in Finnish)
• Act on the Freezing of Funds with a View to Combating Terrorism (325/2013) (in Finnish)