The Swedish Financial Supervisory Authority has decided new regulations and general guidelines on debt collection that enter into force on 1 July 2025, and has invited firms and other stakeholders to an FI Forum session on 16 June 2025 to explain the framework and answer questions submitted in advance. The rules follow the authority’s assumption of full supervisory responsibility for the Debt Collection Act (1974:182) on 1 January 2024, when oversight of debt collection companies moved from the Swedish Authority for Privacy Protection and that authority’s general advice on good debt collection practice ceased to apply. The new provisions apply to debt collection activities under the Debt Collection Act and to credit servicing under the Act (2023:714) on the acquisition and management of non-performing credit agreements, and are intended to set a standard for how claims should be collected, primarily to protect debtors and support consumer protection while also safeguarding creditors that use debt collection agents. Registration for the FI Forum closes on 9 June 2025, with participation limited to one person per firm or organisation, and the session will be recorded and published on the authority’s website afterwards.
Finansinspektionen 2025-05-14
Swedish Financial Supervisory Authority introduces new debt collection regulations effective 1 July 2025 and schedules FI Forum briefing
The Swedish Financial Supervisory Authority has issued new regulations on debt collection, effective 1 July 2025, after assuming supervisory responsibility for the Debt Collection Act. These provisions apply to debt collection and credit servicing activities, aiming to protect debtors and support consumer protection while safeguarding creditors. An FI Forum session on 16 June 2025 will explain the framework and address pre-submitted questions.