- We take the police warning very seriously. All roads that enable money laundering allow the criminals to continue their business, which is unacceptable, says Per Bolund (MP).

The alarm is not the first, and reform work is ongoing. As late as Thursday, the government decided to investigate how authorities and banks should get better tools to combat money laundering and terrorist financing.

Quick change

- Digitization has gone very fast and even the criminals are changing their behaviors and methods. The regulations may have been difficult to catch up with.

The investigator, who has not yet been appointed, will, among other things, investigate how Finansinspektionen's supervision can be more effective and how banks should be able to share information about suspected customers and transactions - something that is currently hindered by banking secrecy.

- There may also be legal requirements for new entrants to be under the supervision of Finansinspektionen and Swish is a typical such operator, says Per Bolund.

Banks participate

The banks, which together own Swish, are also calling for legislative changes that will facilitate banking secrecy and the opportunity for banks and authorities to share information directly between each other. The Banking Association is positive that Swish should also be subject to reporting obligations, as it would then be easier to detect suspicious transactions.

- It has well been recognized that it is costly not to take the work against money laundering very seriously, both in the form of lost confidence and fines in the billion class.