finansinspektionens

Finansinspektionen, commonly referred to as FI, is the Swedish Financial Supervisory Authority. It is a government agency responsible for supervising the country's financial markets and participants to promote financial stability, market integrity, and consumer protection. Operating under the national Ministry of Finance, FI is independent in its supervisory judgments while remaining accountable to the government and Parliament. It was established in 1991 as part of a reform of financial supervision and oversees banks and credit institutions, insurance companies and pension providers, securities markets, and payment services.

Core functions include licensing and authorization, ongoing supervision, risk analysis, and enforcement. FI conducts risk-based supervision through off-site monitoring and on-site inspections, collects data from supervised entities, and issues regulations, guidelines, and supervisory expectations. When violations are identified, the authority can require remedial action, impose sanctions, or revoke licenses to protect customers and maintain financial stability.

International and EU cooperation: FI participates in European and international regulatory networks with bodies such as the European Banking Authority, ESMA and IOSCO, and implements EU financial regulations in Sweden through national rules and guidance. It coordinates cross-border supervision of financial groups and providers operating in the Swedish market.

Organization and transparency: The agency is led by a Director-General and organized into divisions covering banks and payment services, insurance and pensions, financial markets, and enforcement. It is based in Stockholm. FI publishes annual reports, risk assessments, and supervisory updates to maintain transparency and public confidence.