On October 4, 2018, the Finnish government presented to the parliament a proposal to introduce a new Act concerning the Supervision of Banking and Payment Accounts (förslag till lag om ett övervakningssystem för bank- och betalkonton och till vissa lagar som har samband med den).
The proposal will amend the Law on the Prevention of Money Laundering and Terrorist Financing, the Act on Financial Supervision, the Act on the Financial Supervision Authority Fee and the Act on the Financial Intelligence Unit. The main amendments involve the implementation of the 5th Anti-Money Laundering Directive (5th AMLD).
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