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National cooperation Public authorities and other parties work together to prevent money laundering and the financing of terrorism. National group for inter-authority cooperation on money laundering and terrorist financing The inter-authority coop...

The Ministry of Finance and the Ministry of the Interior are the ministries responsible for the prevention of money laundering and terrorist financing. Other key ministries involved in this work are the Ministry of Justice, the Ministry for Foreign Affairs, the Ministry of Economic Affairs and Employment, and the Ministry of Social Affairs and Health.

21.4.2022 | The Financial Action Task force (FATF) is holding a ministerial meeting in Washington on Thursday, 21 April. Finland will be represented by Permanent Under-Secretary Leena Mörttinen.

19.12.2024 | Action Plan for Tackling the Grey Economy and Economic Crime 2024–2027 Action Plan 2024–2027 On 17 May 2024, the Ministry of Economic Affairs and Employment issued a deci- sion to set up a preparatory group for updating the Strategy and Action Pla...

Accessibility statement for the website moneylaundering.fi This statement is about the Ministry of Finance website vm.fi. The website is subject to the requirements of the Act on the Provision of Digital Services. Under the Act, public online serv...

Current issues This page features the latest news and press releases from the organisations that maintain the moneylaundering.fi website. Government continues to combat the shadow economy and economic crime Type: Press release Publication date: 19...

A money launderer seeks to obliterate the origin of money obtained through criminal activity so that the money appears legitimately obtained. The money is circulated through a legal payment system in order to conceal its true nature, origin and owners.

FATF (Financial Action Task Force on Money Laundering) is an inter-governmental body operating under the Organisation for Economic Co-operation and Development OECD. FATF cooperates internationally to prevent money laundering and the financing of terrorism and weapons of mass destruction.

Obliged entities Companies and professionals who can identify risks related to money laundering or terrorist financing or be expected to be exploited for these purposes are key to the fight against money laundering and terrorist financing. Such in...

Frequently asked questions – Prevention of money laundering and terrorist financing We have compiled a list of questions and answers concerning the prevention of money laundering and terrorist financing. If you can’t find the answer you are lookin...

10.10.2024 | Public authorities will be better able to exchange information in their efforts to prevent money laundering and terrorist financing. The Government is proposing legislative amendments that will improve access to information and strengthen national security.

19.12.2024 | GOVERNMENT RESOLUTION ON A STRATEGY FOR TACKLING THE GREY ECONOMY AND ECONOMIC CRIME FOR 2024–2027 Executive summary In May 2024, the Ministry of Economic Affairs and Employment set up a preparatory group to update the Strategy and Action Plan for...

22.4.2022 | The Financial Action Task force (FATF) held a ministerial meeting in Washington on Thursday, 21 April. Finland was represented by Permanent Under-Secretary Leena Mörttinen.

23.7.2021 | The EU economic and financial affairs ministers will hold an informal video conference on Monday 26 July. Minister of Finance Annika Saarikko will represent Finland at the meeting.

7.10.2021 | National implementation of the EU Directive on access to financial information moves a step closer. On 7 October, the Government submitted to Parliament a proposal to amend the Act on the Bank and Payment Accounts Control System and the Act on the Financial Intelligence Unit.

16.8.2021 | 1 (2) VERIFYING CUSTOMER’S IDENTITY USING IDENTITY DOCUMENT IN THE PRESENCE OF CUSTOMER The provisions related to customer's identity verification are laid down in the Act on Preventing Money Laun- dering and Terrorist Financing (444/2017), or the...

16.8.2021 | Page 1 of 4 NON-FACE-TO-FACE IDENTIFICATION METHODS IN CUSTOMER DUE DILIGENCE AND VERIFICATION OF IDENTITY Non-face-to-face identification The need for digital non-face-to-face identification has been growing for some time now, as services are pro...

11.11.2024 | Cashing Out Joint report by the Nordic countries on cross-border money laundering via cash transportation Foreword As the global economy is getting more and more digitized, criminals are still using cash to carry out their criminal activity, as ca...