Sweden's Riksbank has adopted regulations requiring more detailed and more frequent reporting of payment statistics by payment service providers and payment system operators to strengthen its ongoing monitoring and analysis of the Swedish payments market. The framework enters into force on 1 October 2026, with reporting on credit transfers applying from 1 October 2027. The rules apply to payment service providers and payment system operators domiciled in Sweden and to foreign payment service providers with a branch in Sweden, and exclude public authorities, natural persons and firms that only provide account information services. Payment service providers must report specified attributes across 17 items spanning transaction flows (including instant credit transfers, credit transfers, card transactions and ATM cash withdrawals) and stock-type information (including cards, payment accounts, POS terminals and ATMs), with a split between transaction-level and aggregated reporting. Default reporting frequencies range from weekly (for instant credit transfers and certain card and cash items) and monthly (including credit transfers and other services) to half-yearly (for cards, accounts and terminal/ATM counts), with deadlines set at the fourth business day after the reporting week, the ninth business day after the reporting month, and the last business day of the following month for quarterly, half-yearly or annual submissions. The Riksbank may permit quarterly reporting for providers in the group whose annual value per service exceeds 5 per cent but is no more than 15 per cent of the market total, and annual reporting for those at no more than 5 per cent, and can require a return to higher-frequency reporting. Payment system operators must report aggregated quarterly data on participants and processed transactions by payment type and counterparty country, due by the last business day of the month following the quarter. Reports must be submitted electronically in the manner specified by the Riksbank. Reporting agents may be required to correct incorrect or incomplete data for up to two years back and to verify and explain major changes or outliers, and the Riksbank may grant exemptions in exceptional circumstances.
Riksbank 2025-07-04
Sweden's Riksbank adopts new payment statistics reporting rules with phased start from October 2026
Sweden's Riksbank has mandated more detailed and frequent reporting of payment statistics by payment service providers and system operators to enhance monitoring of the Swedish payments market. The regulations, effective from October 2026, require reporting on transaction flows and stock-type information with varying frequencies. Reporting agents must submit data electronically and may need to correct inaccuracies or explain anomalies.