The Swedish Trademarks Act has been amended, effective January 1, 1996, to provide that a security interest pledged in a trademark is now recognized in Sweden. The security interest agreement must be recorded at the Trademark Office in order to be valid and enforceable against a third party. However, a security interest does not have to be recorded in order to be valid and enforceable between the parties.

A security interest or a pledge may be recorded against both registered trademarks and pending applications. The application for recordation of a security interest can be filed by either the pledgor or pledgee.