The Riksbank shall contribute to the stability and efficiency of the financial system, including the ability of the public to make payments. The payment infrastructure is a central part of this. The Riksbank's oversight and Finansinspektionen's supervision aim to ensure that the private payment infrastructure complies with current legislation, regulations and standards.

Bankgirot is responsible for the clearing of retail payments. Since 2023, they have been tasked by their owner banks with securing and modernising the existing infrastructure in Sweden in the short term. In the longer term, they are tasked with developing solutions for the future. One challenge for Bankgirot is to build a new infrastructure and to develop services based on standard Nordic payment formats, while maintaining the stability of existing systems based on other older formats. The transition to a new system may entail a temporary increase in operational risks. To meet these challenges, Bankgirot is working closely with the financial sector on a step-by-step development.

Finansinspektionen has put further pressure on the modernisation process by ordering the owner banks to address deficiencies in the existing payment infrastructure by December 2026. These deficiencies mean that the owner banks do not currently fulfil the information transfer requirements of the anti-money laundering regulations. The deficiencies are present in all participants in Bankgirot and the payments system Dataclearingen operated by Bankgirot. The injunction is addressed to the owners of Bankgirot as they have the possibility to ensure that the deficiencies are remedied. The Riksbank has previously expressed itself favourably about Bankgirot's development work. In addition, the Riksbank has stated that the participating banks also need to ensure that they prepare their own systems and operations for a transition to the new Bankgirot solution.