Swedish Financial Supervisory Authority (FI)
Regulates Swedish banks, insurers, and securities markets.
Tags:Forex RegulationBasic Information
The Swedish Financial Supervisory Authority (Finansinspektionen, FI) is Sweden’s primary financial regulatory body headquartered in Stockholm. Established in 1991 through the merger of the Bank Inspectorate and Insurance Supervision Authority, FI operates under the Swedish Ministry of Finance with approximately 300 employees. The agency oversees all financial market participants in Sweden, ensuring market stability and consumer protection.
Historical Background
FI was formed in 1991 by consolidating two former regulatory bodies: the Bank Inspectorate (Bankinspektionen) and the Insurance Supervision Authority (Försäkringsinspektionen). This integration created Sweden’s first unified financial regulator covering banking, securities, and insurance sectors. Notable leadership changes include Director General Daniel Barr’s resignation in April 2025 following criticism of pension fund management during his tenure at the Swedish Pensions Authority.
Legal Authority and Regulatory Framework
FI derives its authority from the Swedish Financial Supervisory Authority Act and implements EU financial directives. It serves as Sweden’s competent authority for several EU regulations including:
- EMIR (EU No 648/2012) for OTC derivatives and central counterparties
- CSDR (EU No 909/2014) for securities settlement
- DORA for digital operational resilience
The agency maintains regulatory cooperation with ESMA, EBA, and other European supervisory authorities.
Core Responsibilities and Regulatory Scope
FI’s primary functions include:
- Authorization: Issuing licenses for financial service providers including banks, insurers, and investment firms
- Supervision: Monitoring compliance with financial regulations through audits and reporting
- Rule-making: Developing regulatory frameworks for financial activities
- Risk Assessment: Identifying systemic risks to financial stability
FI’s regulatory coverage extends to:
- Banking institutions and credit providers
- Insurance and pension companies
- Securities markets and investment firms
- Payment services and electronic money institutions
- FinTech innovations including crypto assets
Contact Information
Street Address:
Sveavägen 44, Stockholm (as of April 2025 relocation)
Postal Address:
Finansinspektionen
Box 7821
103 97 Stockholm
Sweden
Telephone:
Switchboard: +46 8 408 980 00
Registrar: +46 8 408 983 50 (weekdays 9AM-12PM)
Email:
General inquiries: finansinspektionen@fi.se
Whistleblowing: Tip-offs about market violations
Reporting queries: rapportering@fi.se
Office Hours:
Reception open weekdays 8:30AM-5:00PM
Verification of Regulated Entities
To confirm if a financial service provider is authorized by FI:
- Access FI’s official register through their website
- Search by company name or registration number
- Verify the entity’s permitted activities and current authorization status
- Check for any disciplinary actions or sanctions in the public database
FI regularly publishes investor alerts about unauthorized firms operating in Sweden, such as recent warnings against Luxanpros LTD and CTI Market.
